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'''Peoples Bank of Philadelphia''' was a bank that went bankrupt initiating a political scandal and allegations of corruption and misuse of state funds. It was a state depository. | '''Peoples Bank of Philadelphia''' was a bank that went bankrupt initiating a political scandal and allegations of corruption and misuse of state funds. It was a state depository. | ||
'''Peoples Bank of Philadelphia''' was a bank in Philadelpgia, Pennsylvania that failed in 1898. There were allegations of political corruption. Suicide. | |||
It was a depositary of state funds.<ref>https://books.google.com/books?id=AB24rFZOmzcC&pg=PA365&dq=people%27s+bank+of+pennsylvania+quay&hl=en&newbks=1&newbks_redir=0&source=gb_mobile_search&sa=X&ved=2ahUKEwjR6cm7guCKAxXkQjABHf3dK8IQ6AF6BAgIEAM</ref> | |||
U.S. Senator Matthew Quay was indicted before being acquitted. His son was also accused of involvement as were other Republican Party political leaders in the state. | |||
Quay's defense successfully invoked the statute of limitations.<ref>https://books.google.com/books?id=0y3ZAAAAMAAJ&pg=PA236&dq=people%27s+bank+of+pennsylvania+quay&hl=en&newbks=1&newbks_redir=0&source=gb_mobile_search&sa=X&ved=2ahUKEwjR6cm7guCKAxXkQjABHf3dK8IQ6AF6BAgGEAM</ref> | |||
==References== | ==References== | ||
{{Reflist}} | {{Reflist}} | ||
{{Drafts moved from mainspace|date=January 2025}} | {{Drafts moved from mainspace|date=January 2025}} |
Revision as of 09:59, 6 January 2025
Peoples Bank of Philadelphia was a bank that went bankrupt initiating a political scandal and allegations of corruption and misuse of state funds. It was a state depository.
Peoples Bank of Philadelphia was a bank in Philadelpgia, Pennsylvania that failed in 1898. There were allegations of political corruption. Suicide.
It was a depositary of state funds.
U.S. Senator Matthew Quay was indicted before being acquitted. His son was also accused of involvement as were other Republican Party political leaders in the state.
Quay's defense successfully invoked the statute of limitations.
References
- https://books.google.com/books?id=AB24rFZOmzcC&pg=PA365&dq=people%27s+bank+of+pennsylvania+quay&hl=en&newbks=1&newbks_redir=0&source=gb_mobile_search&sa=X&ved=2ahUKEwjR6cm7guCKAxXkQjABHf3dK8IQ6AF6BAgIEAM
- https://books.google.com/books?id=0y3ZAAAAMAAJ&pg=PA236&dq=people%27s+bank+of+pennsylvania+quay&hl=en&newbks=1&newbks_redir=0&source=gb_mobile_search&sa=X&ved=2ahUKEwjR6cm7guCKAxXkQjABHf3dK8IQ6AF6BAgGEAM