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Maverick National Bank : ウィキペディア英語版
Maverick National Bank
The Maverick National Bank was a bank in East Boston, Massachusetts, established in 1854.〔()〕 and failed on October 31, 1891.〔()〕〔() Journal of Political Economy, 1899〕 The bank had extended large loans to its president, Asa P. Potter, who used the funds for speculative investments.〔(Inside the Business Enterprise: Historical Perspectives on the Use of Information ), National Bureau of Economic Research Conference Report, 1992. ISBN 978-0-226-79204-0]〕〔(Lending: Banks, Personal Connections, and Economic Development in Industrial New England By Naomi R. Lamoreaux, National Bureau of Economic Research Published by Cambridge University Press, 1994. ISBN 0-521-46096-4 )〕
Much litigation followed the bank's failure, including ''Beal v. National Exchange Bank of Dallas'' and ''City of Summerville v. Beal.'' Potter was indicted for violations of the banking law.〔() 155 US 438 (1894)〕
Nehemiah Gibson was a president and later a director of the bank.〔〔(A History of East Boston ), 1858〕
In 1897, the remainder of the bank's assets, which included many worthless stocks and bonds of already defunct companies, were sold at auction by R.L. Day & Co., a Boston-based banking firm resulting in $429 of proceeds.〔(BANK ASSETS SOLD.; Securities Aggregating $1,095,890 Auctioned in Boston Fetch $429 ). New York Times, December 30, 1897〕
==References==



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