1861
The Bank of Beloit discharged its liabilities, divided its surplus among stockholders, and sold its franchise to William C. Ritchie.
BeloitGrade A · 1 independent source
The evidence
“Sanderson and Louis C. Hyde organized the Bank of Beloit with a capital of $60,000, and continued in successful operation until 1861, when the bank discharged all its liabilities and divided its surplus capital among stock-holders, and sold the franchise to William C. Ritchie, under whose unfortunate management it collapsed.”
1879-history-of-rock-county/15-rock-county-ch09-beloit.md, PDF p. 632
Butterfield, C. W., et al. The History of Rock County, Wisconsin: its early settlement, growth, development, resources, etc. Chicago: Western Historical Company, 1879. Cornell University Library via the Internet Archive, archive.org/details/cu31924028871585.
Grade A: Found on a page of one of our sources
On the printed page (PDF p. 632) · open the whole page
