13537. Bank of Havana (Montour Falls, NY)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
February 1, 1885*
Location
Montour Falls, New York (42.347, -76.845)

Metadata

Model
gpt-5-mini
Short Digest
f54892e90ee49b41

Response Measures

None

Description

Newspaper articles refer to a suspended bank at Havana, N.Y. (historically the name for Montour Falls/Havana area). The president Elbert P. Cook absconded after embezzling funds (shortage > $10,000); a receiver (Ex-Senator Miller) was later appointed. No explicit run is described; the bank was suspended/closed and a receiver named, consistent with suspension leading to closure. OCR minor errors corrected (Havanna/Havana, Buenos Ayres = Buenos Aires).

Events (3)

1. February 1, 1885* Suspension
Cause
Bank Specific Adverse Info
Cause Details
President Elbert P. Cook absent after having bought a ticket for Canada; later revealed he had embezzled funds (shortage over $10,000).
Newspaper Excerpt
The directors of a suspended bank in Havana, N. Y., have a modest way of putting it. 'Owing to the absence of Mr. Cook,' they say, 'this bank is closed until further notice.'
Source
newspapers
2. April 18, 1891 Other
Newspaper Excerpt
Five or SIX years ago Elbert P. Cook... suddenly disappeared from home, and it was immediately discovered that the funds of the bank were in a deplorable state as the result of reckless speculation on the part of the president. The shortage was over $10,000.
Source
newspapers
3. * Receivership
Newspaper Excerpt
Ex Senator Miller... was appointed receiver of the bank. (article recounting Cook's disappearance and embezzlement and subsequent appointment of a receiver.)
Source
newspapers

Newspaper Articles (2)

Article from The Iowa Plain Dealer, February 19, 1885

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Article Text

have thought for twenty odd years that Uncle Sam's patent guaranted to them the quiet possession of their homes, have all this time been mistaken. Is Is it it possible to conceive of anything more thoroughly rotten than our land department? It ap. proaches gungrene.-[Iowa Tribune. Mr. E. C. Palmer, North Monroeville, Huron County Ohio, writes: "Permit me to add my unsolicited testimonial to your list. My little boy, two years old, fell from a step and struck his forehend. A large, black and blue bunch raised and swelled rapidly. We immediately applied St. Jacobs Oil and the swelling and discoloration disappeared. We would not be without and itandhave have used It often with like effect." The directors of a suspended bank in Havana, N. Y., have a modest way of putting it. "Owing to the absence of Mr. Cook," they say, "this bank is closed until further notice." Mr. Cooki is president of the institution. and the reason why he is "absent" is explained by the fact that he leaving. boughts a ticket for Canada before A torpid liver, & stomach out of order, digestive apparatus weak, and the brain in consequence of these disorders, over sensitive to exertion or to any unusual circumstance, and the formula for a "crank" is complete. Ayer's Pills will rouse up the liver, regulate the functions of the stomach and bowels, the tired brain will be relieved, and the head resume its wonted level. If our manufacturers would strive to reduce the rates of interestinstead of the price of labor, their efforts would be commendable and directed to the true cause of their grievance. Any man other than a natural born fool knows that the American manufacturer with 8 per cent money cannot compete with the European manufacturer with 3 per cent money. After having gleaned Asia and all Europe for cheap, pauper labor, they now clamor for more protection. News-Reporter (Three Rivers, Mich.) There is no need denying the fact that among the most distressing complaints of humanity, few are equal in intensity to bleeding piles. You say the subject is not a apleasaut one to talk about, neither is the victim, and our aim is to give him relief. Jacob Chambers, of Henry street, New York, writes: "When I began using Mishler's Herb Bitters (as per printed directions), I had been troubled with bleeding piles for upwards of five years. In six weeks I was perfectly cured." The great pension expenses of the government are cut off by the death of the pensioners and caunot survive the generation that fought the battles. Not so with the pension we pay our bond lords. They have arranged to hand down their annuities to their heirs as long as the people will subunit to the swindle. From Corporal. From the Marine Barracks, Pensacola, Florida, Corporal Ben. Barger writes of the benefits of Brown's Iron Bitters in the malarious region. He saye: "I have used several bot. ties and must say I am greatly bone. fited by using it. Several of my comrades use Brown's Iron Bitters, and you may rest assured they all think it is the greatest thing on earth." This kind of testimony comes from all quarters concerning Brown's Iron Bitters-the best tonic. Our Treasury and depositories are overflowing with money; the land teeming with the productions of na. ture and industry; yet business is depressed, profits small, wages are barely at a living basis, the jails are full.Pittsburg Commercial Gazette "Pearl's White Glycerine" eradicates all Pimples, Freckles. Tan, Moth Putches, Black Worms and all impurities, either within or upon the skin. It never fails. Our foreign trade at the end of Republican rule is at its lowest ebb, and If Mr.Cloveland's administration can find means to give it un upward start, without undue sacrifices in A other directions, it will deserve well of tion. the country.-[Atlanta Constitu a "For economy and comfort, every spring, we use Hood's Sursaparilla, writes an intelligent Buffalo, N. Y. C) lady. 100 Doses One Dollar. . 2 New York cast her electoral vote for Cleveland. She also sent 467, = 000 soldiers of the Union to the army = during the war. Iowa sent 76,000 and howls like a hyena over the = idiocy of New York in virtually elect e ing Cleveland. The soldiery of lowe and New York better meet on the plains of Obio and settle the differ 8 ence of opinion opinion.-Postul Card. Ministors, Lawyers, Teachers and 2 # others whose occupation gives then but little exercise, should use Car ter's Little Liver Pill for torpid live fel and billousness. One is a dose. Labor wants the best currency can get. but it wants currency, per 2 feet or imperfect.-{Galveston News What the country needs now work for the workers, and not tall i is from the Globe-Democrut. politicians.-[St. Louis 01 n. An embarrassment of riches I of what troubles Cabinet. maker Cleve land.-[Piiladelphia Times The first business of this busines le administration will be to "run th 80 rasculs out."-[St. Paul Globe. e No money is more cheerfully paid by the taxpayer than that which = goes to bury Congressman. [Louis ville Courier-Journal


Article from The Cheyenne Daily Leader, April 19, 1891

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Article Text

Truly Romantic. ELMIRA, N. Y., April 18.-One of the most romantic features in the story of the Cook family at Havana, N. Y., has just come to light and nothing can add to the interest, which a plain recital of the story will arise. Five or SIX years ago Elbert P. Cook, the leading banker of Havana, a leader in the church and in society, in fact the big man of the town, as his father, the founder of Cook academy had been before him, suddenly disappeared from home, and it was immediately discovered that the funds of the bank were in a deplorable state as the result of reckless speculation on the part of the president. The shortage was over $10,000. and Havana people went wild. Rewards were offered, but Cook could not be captured. Ex Senator Miller, of this city, was appointed receiver of the bank. Cook, meantime, it afterwards developed, went to Buenos Ayres, where his wife and children joined him. The Cooks were leaders in the American colony in Buenos Ayres, and in their set moved George and G. E. Gluck. sons of J. G. Gluck, a wealthy resident of Minneapolis. George Gluck and the Cooks became involved in personal difficulty, the result of which was that George Gluck shot and killed Mr. Cook and accidentaily shot Thankful, a daughter of the ex banker. Through remorse of having killed the young lady, Gluck committed suicide before he could be apprehended. Mrs. Cook buried her husband and daughter in Buenos Ayres, and then, with the remaining children, journeved homeward, heart-broken and almost destitute, except for the $2,000 life insurance carried by her husband. The large sum of money which Cook embezzled has disappeared. On the homeward voyage Mrs. Cook met a man with whom she tell in love, and after she had been at Havanna some time he went on there and married her. The couple went West to live and for sometime stories to the effect that the lady was again destitue have been coming East. John G Gluck, the father of George Gluck, who murdered Mr. Cook, was not only wealthy, but was a man of generous impulses and a kindly nature. After Mrs. Cook returned to America he repeatedly tendered her financial assistance, but she was proud and sensitive and declined bis proffers of aid. Mrs. Cook would never take a cent from the father of the man who murdered her husband. but Mr. Gluck added a codicil to his will, leaving Mrs. Cook $10,000 in cash, the amount be had intended to bestow on his wayward son. John G. Gluck died last week, and his will has been admitted to probate, 80 that the beneficiary will have no trouble in getting the money. She lives somewhere in Kansas, it is said. The only member of the once powerful Cook family "now residing in Havana is Miss Grace Cook, a sister of Elbert.