185 years ago today - Jan 23, 1837

Sidney Rigdon announces that the Kirtland Safety Society has suspended redeeming its notes for specie. Joseph Smith urges Mormons to circulate the bank's notes instead of presenting them for redemption. In Oct Rigdon and Smith are tried and convicted, and sentenced to pay $1,000 plus court costs for violating the 1816 Ohio statute against unauthorized banking

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