The depositors in the Tipperary Bank, and the cost of proving wills and distributing small assets in Ireland
Citation:Hancock, W. Neilson. 'The depositors in the Tipperary Bank, and the cost of proving wills and distributing small assets in Ireland'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. VIII, Part LIX, 1881/1882, pp302-309
On the 16th of February, 1856, occurred one of the most serious calamities in Irish affairs in the past half century?the failure of the Tipperary Bank, consequent on the frauds of John Sadlier. In the Annals of our Time the deficit of the Bank is stated at #400,000, and the assets were stated would be little more than #30,000. Much sympathy was felt with the sufferers, as it was known that some part of the #400,000 was due to Tipperary farmers and labourers, who had been depositors in the Bank; and considering that the amount of deposits in all the Joint Stock Banks was at that time only #12,000,000, a loss of #400,000, with only #30,000 assets, in four counties, was a very heavy calamity.
Keywords:Irish banks and banking
Publisher:Statistical and Social Inquiry Society of Ireland
Series/Report no:Journal of The Statistical and Social Inquiry Society of Ireland
Vol. VIII, Part LIX, 1881/1882
Description:Papers read by members of the Society at the Social Science Congress, Dublin, October 1881