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Domestic News July 17, 1821

The Rhode Island American, And General Advertiser

Providence, Providence County, Rhode Island

What is this article about?

Conspiracy to destroy sloop Norfolk and defraud underwriters implicates Bucks County Farmer's Bank president, triggering bank run in Philadelphia; president removed, bank stabilized; conspirator Dennis Scull arrested and jailed.

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Full Text

It appears that the President of the Farmer's Bank in Bucks County, was concerned in the conspiracy to destroy the sloop Norfolk, and defraud the underwriters, and the moment the fact was known in Philadelphia, the Banks in that city despatched expresses to the Bank for the monies due them. A run was thus created, and the doors of the Bank were closed for a time. The President, however, has been removed, and the Bank is considered "safe and sound."

Dennis Scull, the author of the letter to the Captain of the sloop Norfolk, and one of the persons charged with intending to defraud the underwriters, has been apprehended, and is now in jail in Philadelphia.

What sub-type of article is it?

Crime Economic

What keywords are associated?

Farmers Bank Bucks County Sloop Norfolk Fraud Underwriters Bank Run Dennis Scull

What entities or persons were involved?

President Of The Farmer's Bank Dennis Scull

Where did it happen?

Bucks County

Domestic News Details

Primary Location

Bucks County

Key Persons

President Of The Farmer's Bank Dennis Scull

Outcome

bank doors closed temporarily due to run; president removed; bank considered safe and sound; dennis scull apprehended and in jail in philadelphia

Event Details

President of Farmer's Bank in Bucks County involved in conspiracy to destroy sloop Norfolk and defraud underwriters; Philadelphia banks sent expresses causing run on bank; Dennis Scull, author of letter to sloop's captain and charged with fraud, apprehended

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