American Bank (Hallowell, ME)

Episode Information

Episode UID
6528304390789
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
652830439 hash
Start Date
September 12, 1865
Location
Hallowell, Maine (44.286, -69.791)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
546b8d165f80133a

Response Measures

None

Events (3)

1. September 12, 1865 Receivership
Newspaper Excerpt
The Receivers appointed to wind up the affairs of this bank give notice that six months from the 12th day of September are allowed for creditors to file their claims.
Source
newspapers
2. April 20, 1875 Other
Newspaper Excerpt
final dividend of 88 per cent. on outstanding certificates is payable at the office of the undersigned in Hallowell.
Source
newspapers
3. January 1, 1881* Other
Newspaper Excerpt
The Receivers of the American Bank, Hallowell, by order of the S. J. Court, last week burned bills of that bank to the amount of $65,332.
Source
newspapers

Newspaper Articles (11)

Article from Oxford Democrat, October 6, 1865

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Article Text

AMERICAN BANK. The Receivers appointed to wind up the affairs of this bank give notice that six months from the 12th day of September are allowed for creditors to file their claims. They meet at the office of H. K. Baker, Hallowell, each Saturday in October, November and December, and the first Saturday in January. February and March to receive and examine claims of bill-holders and others. The Receivers are H. K. Baker, Simon Page and E. Rowell.


Article from Daily Kennebec Journal, April 14, 1870

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Article Text

Your obedient servant. WARREN JOHNSON. Domestic News. The American Bank. The Receivers of the American Bank at Hallowell have made at the recent term of the Supreme Judicial Court in this city, their final report upon the assets of the Bank which came into their hands. Total amount collected, including sales of prop. $25699.84 erty under mortgages and liens, Interest received on money while 1428.16 on deposit,


Article from Worcester Daily Spy, March 20, 1871

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Article Text

The Kennebee is now open to navigation. Maine citizens are contributing liberally in aid of the destitute people of France. Frederick Bates of Richmond will be one hundred years old on the 28d instant. The net earnings of the Bangor and Piscataquis railroad for the months of December, January and February, as compared with the net earnings during the corresponding months a year ago, were in the ratio of fifty to eighteen, showing an increa se of about 176 per cent. Hon. Warren Johnson has been appointed state superintendent of common schools, for the term of three years. The appointment was made without any solicitation or effort on the par: of Mr. Johnson, and is a fit recognition of his valuable and efficient services as a public educator. The American Bank, Hallowell, which owed heavy sums at the time of its failure, has so far mustered $27,467 91 assets-say 28 per cent. of its liabilities: The receivers are coming down upon the shareholders, if they can be found, for the deficiency, for Maine has rigid laws regarding personal liabilities. The affairs of the state liquor agency at Portland are about to be investigated by a committee of the executive council. This investigation has been authorized by the governor and council on account of certain damaging reports that have been put in circulation concerning the transactions of the agency in the way of selling impure liquors, etc. The governor and council have held a conference with the trustees of the state insane hospital respecting the erection of the new chapel building, for which an appropriation was made


Article from Daily Kennebec Journal, July 9, 1873

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Article Text

We learn that the bill in equity of the Receivers of the American Bank, Hallowell, against the stockholders, was argued at the recent law term of the Supreme Judicial Court in this city, on demurrer of some of the defendants. The court has not announced its decisions.


Article from Daily Kennebec Journal, April 28, 1875

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Article Text

American Bank. final divi end of 88 per cent. on outstanding A Receivers, certificates is payable at the office of the un ersigned in Hallowell. Certificates may be presented for payment by the holder; or if sent by mail or by third parties, must have a receipt indorsed on them in substance as follows:-"Received a final dividend of 88 per cent, in full for this certificate," signed by the holder. Bills of the bank are of no value. H. K. BAKER. apr20-t&wtf Hailowell, April 20. 1875.


Article from Daily Kennebec Journal, May 3, 1875

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Article Text

American Bank. final divi end of 88 per cent. on outstanding A Receivers, certificates is payable at the office of the un ersigned in Hallowell. Certificates may be presented for payment by the holder; or if sent by mail or by third parties, must have a receipt indorsed on them in substance as follows:-"Recelved a final dividend of 88 per cent, in full for this certificate," signed by the holder. Bills of the bank are of no value. H. K. baker. apr20-ยฑwtf Hailowell, April 20. 1875.


Article from Daily Kennebec Journal, May 7, 1875

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Article Text

American Bank. final dividend of 88 per cent. on outstanding A Receivers, certificates is payable at the office of the un ersigned in Hallowell. Certificates may be presented for payment by the holder; or if sent by mail or by third parties, must have a receipt indorsed on them in substance as follows:-"Recelved a final dividend of 88 per cent, in full for this certificate," signed by the holder. Bills of the bank are of no value. H. K. BAKER. Hailowell, April 20. 1875. apr20-t&wti


Article from The Portland Daily Press, December 11, 1875

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Article Text

$384,117 83 The receivers of the American Bank of Hallowell, which failed in 1865, were directed by the Supreme Court last March to pay the holders of certificates 88 per cent., which is all that will be realized.


Article from The Portland Daily Press, February 24, 1876

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Article Text

BANKING. The following embraces the topics of legislative action relative to savings and other banks. Act revoking all charters granted to savings banks not yet organized or shall not have been organized prior to August 1, 1876. Act authorizing the receivers of the American Bank of Hallowell to pay dividends on lost certificates. For general law for organization of savings banks, see "general laws."


Article from Daily Kennebec Journal, February 1, 1877

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Article Text

The Receivers of the American Bank in Hallowell have been paying a dividend of 88 per cent. 01 outstanding certificates since March, 1875. Not t ce of this fact has been fully given, but notwithstanding this quite a number of certificates are still outstanding, and Judge Baker has sent out circulars announcing that fact to parties that ought to be interested in receiving the dividends that await their order.


Article from Daily Kennebec Journal, January 14, 1881

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Article Text

The Receivers of the American Bank, Hallowell, by order of the S. J. Court, last week burned bills of that bank to the amount of $65,332. They were burned by the Receiver, Judge Baker and Major Rowell, in presence of E. K. Butler aud Thomas Hovey, Esq. as witnesses.