Article Text
The American Savings Bank, 35 Broad street, W M Counor' President, suspended payment yesterday and will go into the hands of a receiver.
13577. American Savings Bank (New York, NY)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- savings bank
- Start Date
- December 7, 1898
- Location
- New York, New York (40.714, -74.006)
Metadata
- Model
- gpt-5-mini
- Short Digest
cfd2dd681a8477a3
Response Measures
None
Description
Single short notice (County Record, 1898-12-08) reports American Savings Bank, 35 Broad St., suspended payment and will go into the hands of a receiver. No mention of a prior run; the bank suspends and enters receivership (permanent closure). Date of suspension inferred as 1898-12-07 because the article states it suspended 'yesterday'.
Events (2)
1.
December 7, 1898
Receivership
- Newspaper Excerpt
- The American Savings Bank ... suspended payment yesterday and will go into the hands of a receiver.
- Source
- newspapers
2.
December 7, 1898
Suspension
- Cause Details
- Notice states suspension of payments and impending receivership; no cause explained in article.
- Newspaper Excerpt
- The American Savings Bank, 35 Broad street, W M Counor' President, suspended payment yesterday and will go into the hands of a receiver.
- Source
- newspapers
Newspaper Articles (1)
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