| dbo:abstract |
The Real Estate Bank of Arkansas was a bank in Arkansas during the 1830s through 1850s. Formed in 1836, the bank had a troubled history with accusations of waste and favoritism, as well as violations of the bank's legal charter. The bank suspended specie payments in 1839 to allow it to lend out more money. Paper money issued by the bank lost value, and the bank entered trusteeship in 1842. An act of the Arkansas legislature approved of the transfer to the trustees in 1843, but the trustees did not forward information to the state and personally benefited from the arrangement. In 1853, the Arkansas legislature passed a bill to have the Arkansas Attorney General take the bank to chancery court, but the filing could not be made until 1854 because of lack of cooperation from the trustees. April 1855 saw the bank's assets transferred from the trustees to the state, and in 1856 the first full public accounting of the bank's finances was made. The bonds related to the bank were not fully extinguished until 1894, and a portion of them, known as the Holford Bonds, proved particularly problematic. (en) |
| dbo:fate |
Liquidated, assets transferred to state (en) |
| dbo:foundingYear |
1836-01-01 (xsd:gYear) |
| dbo:headquarter |
dbr:Little_Rock,_Arkansas |
| dbo:industry |
dbr:Bank |
| dbo:numberOfLocations |
5 (xsd:nonNegativeInteger) |
| dbo:regionServed |
dbr:Arkansas |
| dbo:thumbnail |
wiki-commons:Special:FilePath/Real_Estate_Bank_of_Arkansas_Stock_Certificate.jpg?width=300 |
| dbo:type |
dbr:State_bank |
| dbo:wikiPageExternalLink |
https://www.google.com/books/edition/Report_of_the_Accountants/mE8QQbTpU-IC%3Fhl=en&gbpv=1&dq= |
| dbo:wikiPageID |
70549616 (xsd:integer) |
| dbo:wikiPageLength |
20819 (xsd:nonNegativeInteger) |
| dbo:wikiPageRevisionID |
1100197266 (xsd:integer) |
| dbo:wikiPageWikiLink |
dbr:Powell_Clayton dbr:Batesville,_Arkansas dbr:Democratic_Party_(United_States) dbr:Little_Rock,_Arkansas dbr:United_States_senator dbr:Van_Buren,_Arkansas dbr:Panic_of_1837 dbr:Special_session dbr:Coin dbr:Mississippi_River dbr:Phillips_County,_Arkansas dbc:1836_establishments_in_Arkansas dbr:Board_of_directors dbc:1855_disestablishments_in_Arkansas dbc:Defunct_banks_of_the_United_States dbr:Washington,_Arkansas dbr:Whig_Party_(United_States) dbr:American_Civil_War dbr:Fayetteville,_Arkansas dbr:Bank dbr:Paper_money dbr:Governor_of_Arkansas dbr:Pulaski_County,_Arkansas dbr:Helena,_Arkansas dbr:Court_of_equity dbr:State_bank dbr:Arkansas dbr:Arkansas_Attorney_General dbr:Arkansas_Supreme_Court dbr:Arkansas_Territory dbr:Arkansas_in_the_American_Civil_War dbr:Holford_Bonds dbr:Trusteeship dbr:Planter_class dbr:New_York_City dbr:Red_River_of_the_South dbr:Maturity_(finance) dbr:Surety dbr:Pocket_veto dbr:Ambrose_H._Sevier dbc:Political_scandals_in_Arkansas dbr:United_States_Representative dbr:Bonded_indebtedness dbr:Liquidated dbr:Fractional_reserve dbr:Speaker_of_the_Arkansas_House_of_Representatives dbr:Arkansas_Historical_Quarterly dbr:United_States_Treasury dbr:Notes_payable dbr:Columbia,_Arkansas dbr:File:Real_Estate_Bank_of_Arkansas_$5_Note.jpg dbr:File:Real_Estate_Bank_of_Arkansas_Stock_Certificate.jpg |
| dbp:areaServed |
dbr:Arkansas |
| dbp:defunct |
1855 (xsd:integer) |
| dbp:fate |
Liquidated, assets transferred to state (en) |
| dbp:founded |
1836 (xsd:integer) |
| dbp:hqLocation |
dbr:Little_Rock,_Arkansas |
| dbp:industry |
Banking (en) |
| dbp:name |
Real Estate Bank of Arkansas (en) |
| dbp:numLocations |
5 (xsd:integer) |
| dbp:type |
dbr:State_bank |
| dbp:wikiPageUsesTemplate |
dbt:Cite_book dbt:Cite_journal dbt:Endash dbt:Good_article dbt:Infobox_company dbt:Reflist dbt:Sfn dbt:Short_description |
| dcterms:subject |
dbc:1836_establishments_in_Arkansas dbc:1855_disestablishments_in_Arkansas dbc:Defunct_banks_of_the_United_States dbc:Political_scandals_in_Arkansas |
| rdf:type |
owl:Thing dbo:Company schema:BankOrCreditUnion schema:Organization dul:Agent dul:SocialPerson dbo:Agent wikidata:Q24229398 wikidata:Q43229 wikidata:Q4830453 dbo:Bank dbo:Organisation |
| rdfs:comment |
The Real Estate Bank of Arkansas was a bank in Arkansas during the 1830s through 1850s. Formed in 1836, the bank had a troubled history with accusations of waste and favoritism, as well as violations of the bank's legal charter. The bank suspended specie payments in 1839 to allow it to lend out more money. Paper money issued by the bank lost value, and the bank entered trusteeship in 1842. An act of the Arkansas legislature approved of the transfer to the trustees in 1843, but the trustees did not forward information to the state and personally benefited from the arrangement. In 1853, the Arkansas legislature passed a bill to have the Arkansas Attorney General take the bank to chancery court, but the filing could not be made until 1854 because of lack of cooperation from the trustees. Apri (en) |
| rdfs:label |
Real Estate Bank of Arkansas (en) |
| owl:sameAs |
wikidata:Real Estate Bank of Arkansas https://global.dbpedia.org/id/GTz8M |
| prov:wasDerivedFrom |
wikipedia-en:Real_Estate_Bank_of_Arkansas?oldid=1100197266&ns=0 |
| foaf:depiction |
wiki-commons:Special:FilePath/Real_Estate_Bank_of_Arkansas_$5_Note.jpg wiki-commons:Special:FilePath/Real_Estate_Bank_of_Arkansas_Stock_Certificate.jpg |
| foaf:isPrimaryTopicOf |
wikipedia-en:Real_Estate_Bank_of_Arkansas |
| foaf:name |
Real Estate Bank of Arkansas (en) |
| is dbo:wikiPageWikiLink of |
dbr:Thomas_C._Hindman dbr:History_of_Arkansas dbr:Charles_W._Adams_(Confederate_general) dbr:Holford_Bonds |
| is foaf:primaryTopic of |
wikipedia-en:Real_Estate_Bank_of_Arkansas |
