12714. People's Bank (Paterson, NJ)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 25, 1854
Location
Paterson, New Jersey (40.917, -74.172)

Metadata

Model
gpt-5-mini
Short Digest
f4a12254a1bf9840

Response Measures

None

Description

Multiple 1854 newspaper notices repeatedly state that People's Bank of Paterson has receivers and that claims will be sold at public auction (Sept 5). This indicates the bank was placed in receivership and is being wound up. No article describes a depositor run; the coverage is administrative (receivers, sale of claims, receiver's certificates). Dates corrected/confirmed from newspaper metadata: August 1854 references; auction set for 1854-09-05. I infer suspension/closure with receivership rather than a temporary suspension or run.

Events (3)
1. August 25, 1854 Receivership
Newspaper Excerpt
PEOPLE'S BANK of PATERSON. - Notice is hereby given ... disposed of by PUBLIC AUCTION at the Office of the Receivers ... C. S. VAN WAGONER WILLIAM F. DAY, Receivers, &c. J. VAN ARSDALE Owners of Certificates issued by the Receivers of the People's Bank of Paterson, may obtain their dividends at the office of the Receivers ... prior to the 16th day of July, 1855, after which the books will be brought to Newark ... (1855).
Source
newspapers
2. August 25, 1854 Suspension
Cause Details
Bank placed in hands of receivers (formal receivership/insolvency); notice of public auction of claims indicates suspension and winding up.
Newspaper Excerpt
PEOPLE'S BANK of PATERSON. - Notice is hereby given that all CLAIMS in favor of this Bank will be disposed of by PUBLIC AUCTION at the Office of the Receivers at Paterson on TUESDAY the 5th day of September next, at 11 o'clock A M.
Source
newspapers
3. September 5, 1854 Other
Newspaper Excerpt
Public auction of claims at the office of the Receivers at Paterson on TUESDAY, the 5th day of September next, at 11 o'clock A. M. unless previously settled. (Notice published late Aug. 1854; auction date Sept 5, 1854.)
Source
newspapers

Newspaper Articles (10)
1. August 25, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 25, 1854

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Co Whom it Man Concern. ARGARET MOLEN, CATHARINE MOLEN M and MARY MckARAN sailed from Liverpool about five months since: name of ship not known or where landed Came fr in the County of Galway, Parish of Lock RAY If this should meet the eye of either of them or any one having information of them please MICHAEL REYNOLDS Havdenville, Mass address OTICE to BUTCHERS.-The articles of agreement of the Buthere Hide and Melting Association for the year, commercing first September next, are now ready for SIGNA. TURES ai the office of the Association corner of 501 st and is iv Election of Trustees for the ensuing year will take place at a general meeting of the member to be held on TUESDAY 29th inst. at 4 o'clock, P. M., at the office as above. By order of Board. JOSEPH CLINCH Secretary Nonce-Thefullowing ascribed notes were lost or stelen from the subscribers in the City of Philadelph his All person. are hereby cautioned against negotiation of theu, as pay. ment of them has been stopped: Our drawn by Peter U Morgan in favor of James C. Oliver & Co., at two months from August 16, 1854, for Five Hundred Dollars, pay. able st the Nameu Bank. One drawn by William McCandless in favor of J. H Willia, and indesed by him Date, July 15, 1854, at four months for $755 43, payable at Knickerhooker Bank OLIVER & O., 161 Broadway. EOPLE BANK of PATERSON. - Notice is hereP by RIVED that all CLAIMS in favor of this Bank will be disposed of by PUBLIC AUCTION at the Office of the Receivers at Paterson on TUESDAY the 5th day of September next, at 11 o'clock A M. unless previously settled Catalogues of the claims will be furnished on application to either of the Receivers during the week preceding the sale. C. 8. VAN WAGONER WILLI M F. DAY, Receivers, &c. J. VAN ARSDALE

2. August 28, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 28, 1854

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Co Whom it Man Concern. CARD-The subscriber acknowledges with gratirude the generousaction of the SOUTH PRESBY CERIAN A CHURCH of Brooklyn in constituting him, by a recent donation. 81 Hemorary Member of the American Board of Commisetoners for SILAS BILLINGS. Foreign Missions Brocklyn Aug. 10, 1854 REENWOOD CEMETERY.-Wanted to purclass. a substantial VAULF in Greenwood Cemetery -one G with he entrance from a bid side preferred Address (stating par. ticulars and price) Box No. 2,475 Post-Office. INFORMATION WANTED-Of BRIDGET and I CATHARINE MCATERNEY of the Parish of Armynan near Ballinsmore, Comply of Leitrim, Ireland who landed in New-York about three years B.O. The ir sister ELLEN is now staying at Mrs. TUITE'S No. 228 West 16th-st R. GERMAIN, (Louis Paul,) aged 27 years, born at Listenx (Calvados who arrived in New York the 15th of March, 1852 on the packet ship Indepe. dence, is informed that his father Mr. Germain (Louis Charles Libra died at Listeux. (Calva. due the 21st July, 1858 Hisfamily invires him to write to Mr. Germain, (Espoto.) Captain retired from the army. at Lisieux. (Cal. vedos.) to whom is left the liquidation of the succession. OTICE to BUTCHERS. -The articles of agreement of the Buthers' Hide and Melting Association for the N year. commencing first September next, are now ready for SIGNA. TURES at the office of the Association, corner of Stiff and 1st av Election of Trustees for the ensure year willtake place at a general meeting of the members to be held on TUESDAY 29th inst. at 4 o'clock, P. M., at the office as above. By order of Board. j OSEPH CLINCH Secretary. BANK of PATERSON.-Notice is here. $EOPLE'S P by given, that all CLAIMS in fevor of this Bank will be disposed of by PUBLIC AUCTION at the Office of the Receivers at Paterson on TUESDAY, the 5th day of September next, at 11 o'clock A M. unlets previously settled. Catalogues of the c aims will be furnished on application to either of the Receivers during the week preceding the sale. C. S. VAN WAGONER Receivers, &c. WILLIAN F. DAY, J. VAN ARSDALE

3. August 29, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 29, 1854

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Co Whom it Man Concern. CARD.-To the Residents of the Sixteenth Ward, A and the Public Generally-JOHN ODELL respectfully in. vites all who feel disposed to visit the premises known du ring the leat three years as Measts Van Brunt & Watrona's Slaughtering and Pork Packing Establishment, Nos S25. 327, 329, and 331, West 18th st. Dear the thtav. Reports calculated to injure the owners of said property have from time to time been circulated, such as offensive smell," and a great nuisance" said to proceed and have their origin on the above named premises. An examination of the place by those who have been induced to credit such reports, is earnestly requested. If any disagreeable smells have existed, and now exist in the 18th and 19th sts., near the 10th-av. impartial persons will. by visiting our premises, be able to locate said of fensive smells" in their proper place. without any officious" aid. JOHN ODELL Examine for yourselves. ASE of PABANDONMENT.-THOMAS MOORE, Son of Richard Moore. of Tuggerbar Parish of Kilglass Co. Shgo, Ireland, was married to Mrs. HANNAH HALL on the 14th of April, 1858, by the Rev. Francis L. Hawkes, Rector of the Calvary Church, corner of Twenty first-st. and 4th av. New York He abandoned her on the 29th of same month. and got married to a CATH. ARINE COYLE on the night previous to leaving her. taking with him 8 considerable sum of Money and value, her property. His brother. George Moore. Agent to the Foreign Bible Society, New. York. has published him some time past as insuge to screen his villainous conduct. but be is not insane To add more to his other villainies, he sued four Railroad Companies in New York for a truck belonging to his sister which was never lost. From three of them he extracted considerable money but the fourth, the Hadson River Railroad Company defeated him; he being detected in the fraud. $ warrant was issued for his arrest consequently he had to fly from New York, and has never been seen in it since. As the Advertiser is advised to let the Public or whom it may concern kao v. he now Boards at the Enniskillen Hotel, Hami top, Canada West. Boston. Philadelphia, Balti ore, Washington, Huffalo, Frankford, (Ky.) and Canada papers please copy. Mrs. HANNAH MOORE, 109 East Sixteenth-st. August 26. 1854. OAL and IRON-ORE LANDS for SALE.-Three C or four remaining COAL and IRON ORE FARMS for saleaccessible to the Lake Markets, via the Cleveland and Pittsburgh Railroad. For particulars apply (post paid) to the undersigned. P. S. MACKINTOSH, Wellsville, Col. Co., Ohio. OTICE to BUTCHERS.-Tte articles of agreement of the Buthers' Hide and Melting Association for the year, commencing first September next, are now ready for SIGNA. TURES at the office of the Association. corner of 5th at and 1st av. Election of Trustees for the ensuing year will take place at a general meeting of the members. to be held on TUESDAY 29th inst. at 4 o'clock, P. M., at the office as above. By order of Board. JOSEPH CLINCH. Secretary DEOPLE'S BANK of PATERSON.-Notice is hereP by given. that all CLAIMS in favor of this Bank will be dis. posed of by PUBLIC AUCTION at the Office of the Receivers at Paterson on TUESDAY, the 5th day of September next. at 11 o'clock A. M. unless previously settled. Catalogues of the claims will be furnished on application to either of the Receivers during the week preceding the sale. C. S. VAN WAGONER WILLIAM F. DAY, Receivers, &c. J. VAN ARSDALE.

4. August 30, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, August 30, 1854

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LL PERSONS are hereby forbidden trusting my wife. GEOROLANA, for I will not pay any debte-intracted. WILLIAM DOUGLASS. August 19. 1854. OTICE to ARTISTS and ARCHITECTS.-The N Trustee of the Pilgrim Society invite Artistand Architeats to otter Plans, with estimates of cost for a GRANITE MONUMENT, in Piymouth . mark the Landing Place of the Pilgrim Fathers, in 1620 They will award three handred dollars to him whose plan is adopt. ed reserving the right to inject all. Inform arion respecting the ground and all particulars will be made kno WT on applies ion to the undersigned Plans should be presented before 1st of November next. RICHARD WARREN, CHARLES G DAVIS. Plymouth. Mass. August 1. 1854. PEOPLE'S BANK of PATERSON.-Notice is hereby given that all CLAIMS in favor of this Bank will be disFord of by PUBLIC AUCTION at the Office of the Receivers at Patshon on TUESDAY, the 5th day of September next, at 11 o'clock A M unless previously settled Catalogues of the claims will be furnished on application to either of the Receivers during the week preceding the sale. C. 8 VAN WAGONER WILLIAM F. DAY, Receivers, &c. J. VAN ARSDALE OFFICE RECEIVER OF TAXES. NEW CITY HALL. PARK T'AXES-1804-RATE 1056-100.-Notice - is hereby given that the Tax Books of the present year will be open for payment on the Thirty first day of August next and that I will then be prepared to receive the taxes charged thereon All persons paying their taxes previo us to the first of November next will receive . deduction of interest at 7 ₽ cent. per annua, calculated from the time of payment to the first of December next. One P cent. will be added to all taxes un; aid on the first December next. Hours for receiving taxes-from A. M to 2 P. M. Bankable HARVEY HART Receiver of Taxes. monry only received N. B.-Persone can have their bills by applying at this office, and are requested to give full and securate descriptions of their property, and thus avoid rrore Also, to inquire for personal tax, Kaay. The arrears of Croten Water rents are to be added to the Tax bills, in accordance with a law lately passed by the Legislature, and persens will be required to pay the same with the taxes for the present year -New York Aus 24 1854 ADVERTISING AGENCY of V. B. PAL THE MER embraces most of the principal Commerteal Political, R lgions, Literary Scientifie, Congressional Legislasive, Reformatory and Ag icultural Journale and Prices Currents &c. in the United States and Briugh Piovinces, for which be is the authorized Agent to receive subscriptions and advertisements Office, Tribune Buildings New York THE GOVERNORS of the NEW-YORK HOSPITAL having nearly completed the additions and imp ovemebts at the Bloondo gdale Asylum for the Insane, are now about to erect & new " ASH HOUSE. and being desirous of obtaining the best arrangements for the same. they invite PROPOSALS and ESTIMATE for the requisite WASHING and DRYING MACHINERY for an establishment of 200 patients Proposals sd. dresser 10 the BLOOMINGDALE ASYLUM COMMITTEE and left al the New York Hospital, on or before Thursday, 31st inst., AUGUSTUS FLEMING, will be duly considered Ch'o B. A. Co minittee. New York Ane 26, 1854. REWARD-Wil be paid to any person who will tar and feather the contemptable wretches attached $10 the Herald Office who are courinually annoying the original to FOUR- ENT MAN while on his round seiling his papers, by throwing missiles at bin Any person performing the above busiDEES shall receive the above reward from JAMES HORDON the Four-Cent Man.

5. October 6, 1854 The New York Herald New York, NY
Article from The New York Herald, October 6, 1854

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EOPLE'S BANK OF PATERSON.--NOTICE IS HEREP by given that all claims m favor of this bank, or of the receivers, will be disposed of by public suction at the office of the Receivers, at Paterson, New Jersey, on Tuesday the 5th day of September next, at 11 o'clock A. M., unless previously settled. Catalogues of the slaims will be furnished on application to elther of the Receivers during the week preceding the sals. Paterace, N. J., July 8, 1864. C.S. VAN WAGONER, Receivers, &s. WILLIAM F. DAY, J. VAN ARSDALE,

6. July 4, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, July 4, 1855

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Of the decreased Imports $29,471,184 have been in Dry Goods. The amount of gold sent to Boston to-day for the steamer is $573,000, of which Mr. Belmont sends $473,000 and Messrs. Dennistoun, Wood & Co. $100,000. The gold is nearly all in bars. In the case of the United States Trust Co. Receiver against the Knickerbocker Savings Bank, ex-Judge Kent, referee, decided that the Knickerbocker Bank is indebted to the Savings Bank $120,000, and motion is made to confirm the report, which is opposed. Decision reserved. Owners of Certificates issued by the Receivers of the People's Bank of Paterson, may obtain their dividends at the office of the Receivers, in Paterson, at any time prior to the 16th day of July, 1855, after which the books will be brought to Newark where they will remain. The Ohio and Mississippi Railroad opens from St. Louis to Vincentes on the 3d, and the people of Vincennes are to have a grand celebration on that day. Passengers are expected to leave St. Louis at 6 A. M. and be in Cincinnati at 9 P. M. A progress of about 8 feet per day at each end is now being made on the Hoosick tunnel. A larger force of 500 hands has been advertised for. The rock so far proves favorable, being mica slate, and is easily excavated. The following is the monthly statement of the New-Orleans Banks for June:

7. October 21, 1863 The New York Herald New York, NY
Article from The New York Herald, October 21, 1863

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FINANCIAL NOTICE - UNION PACIFIC RAILROAD COMPANY. Two thousand shares of the capital stock of the Union Pacific Railroad Company having been subscribed, and ten per cent thereof paid to the Treasurer of said Company, a meeting of the subscribers to the stock of said company for the election of directors thereof will be held at the office of said company, 54 William street, in the city of New York, on the 29th day of October next, at noon. HENRY V. POOR, Secretary. WM. B OGDEN, President NEW YORK, Sept. 25, 1863. WANTED-A FEW HUNDRED DOLLARS OF THE Receiver's Certificates of the People's Bank of Pater- son, New Jersey. Apply to W. H. MARSTON, 36 Wall st. $10.000 WANTED FOR TWO OR THREE years, on good city property improved and upencumbered, in California. Good security. Address box 2,376 Post office. $25.000 TO LOAN ON BOND AND MORTGAGE assigned mortgages or other approved se- curities in amounts to suit borrowers, at 6 and 7 per cent. Apply to D. EVANS, Attorney and Notary, 395 Canal street, over People's Bank.

8. November 3, 1863 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, November 3, 1863

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SCHUCHARDT & GEBHARD, BANKERS, No. 21 Nassau-st., offer for sale: ATLANTIC GREAT WESTERN 7 per Cent First Mortgage Bonds (Ohio section), due 1876. SACRAMENTO VALLEY R. R. Co. First Mortgage 10 per Cent Bonds; this Company pays the Coupons in Gold. CHICAGO & MILWAUKEE RAILROAD Co. First Mortgage 7 per Cent bonds, due 1898. WANTED--A few hundred dollars of the RECEIVER'S CERTIFICATES of the PEOPLE'S BANK OF PATERSON, New Jersey. Apply to WM. H. MARSTON, No. 38 Wall-st. MONEY to LOAN on BOND and MORTGAGE, in and out of town, in sums of $5,000 to $150,000. Apply to WARD McLEAN (late Field & McLean), No. 8 Pine-st., 2d floor.

9. December 15, 1863 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, December 15, 1863

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OFFICE OF'THE SARATOGA EMPIRE SPRING Co., } SARATOGA SPRINGS, Dec. 8, 1863. Board of Trustees of this Company, held this NOTICE to STOCKHOLDERS.-At a meetday, the following resolution was adopted: Resolved, That a DIVIDEND of FOUR (4) PER CENT upon the Capital Stock of this Company be and the same is hereby declared, free of Government tax, payable at the Transfer Office of the Company, No. 13 John-st., New-York, on the 18th day of January next. to the holders of said stock at the close of business on the 31st inst. O. H. CROMWELL, Secretary. ANTED-A few hundred dollars of the W RECEIVER'S CERTIFICATES of the PEO LE'S BANK OF PATERSON, New-Jersey. Apply to WM. H. MARSTON, No. 36 Wall-st.

10. December 16, 1863 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, December 16, 1863

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Financial. OFFICE OF MARIPOSA COMPANY, } No. 34 Wall-st., New-* OTICE is hereby given that the following N BONDS of the MARIPOSA COMPANY, of $1,000 each, werethis day drawn by lot for redemption: from the whole anniber of 1.500, viz: Nos. 184, 251, 284, 312, 408, 485, 568, 580, 591, 658, 809, 902, 963, 980, 997, 1,038, 1,095, 1,142, 1,158, 1,3.3, 1,388, 1,488, 1.443. 1,457, 1,459: and that the same. together with the six months secrued interest will be paid in gold on the 1st day of January next, on presentation at the office of the Company. Bonds must be presented within ten days after the 1st day of January next, under penalty of forfeiture of the privilege of redemption from the sinking fund under this drawing. Dated Dec. 7, 1863. MORRIS KETCHUM, Treasurer. OFFICE OF THE SARATOGA EMPIRE SPRING Co., } SARATOGA SPRINGS. Dec. 8, 1863. NOTICE to STOCKHOLDERS.-At 8 meetBoard of Trustees of this Company, held this day, the following resolution was adopted: Resolved, That a DIVIDEND of FOUR (4) PER CENT upon the Capital Stock of this Company be and the same is hereby declared, free of Government tax, payable at the Transfer Office of the Company, No. 13 John-st., New-York, on the 18th day of January next. to the holders of said stock at the close of business on the 31st inst. O. H. CROMWELL, Secretary. OTICE !-The Commissioners for receiving N SUBSCRIPTIONS to the NATIONAL BANK of $5,000,000 capital having been solicited from various parts of the country to prolong the time for receiving said subscriptions, hereby give notice that the Books will remain up to and Including the 17th inst., at the office of the United States Trust Company, No. 48 Wall-st. Five per contum of the amount of each subscription will be required to be paid at the time of subscribing. and the balance in installments as may be called for by the Directors, in accordance with the act of Congress, which requires at least thirty per cent to be paid in before the Bank commences business, and the remainder in installments of ten per centum every two succeeding months thereafter. DAVID DOWS, PETER COOPER. JOSEPH STUART, GEORGE OPDYKE, FREEMAN CLARKE, HENRY W. T. MALI, BENJAMIN H. HUTTON, Commissioners. New-York, Dec. 2, 1863. ANTED-A few hundred dollars of the W RECEIVER'S CERTIFICATES of the PEO LE'S BANK OF PATERSON, New-Jersey. Apply to WM. H. MARSTON, No. 36 Wall-st.