13700. Bowling Green Savings Bank (New York, NY)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
savings bank
Start Date
November 18, 1871
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
70968c0b6d52932d

Response Measures

None

Description

Contemporary reports (Nov 18-20, 1871) describe a run on the Bowling Green Savings Bank that produced a suspension of payments at 2pm (Nov 19). The suspension was followed by appointment of a receiver and later criminal prosecutions and suits (Feb 1872 onward). The sequence is run → suspension → receivership/closure. Cause of the panic is tied to bank-specific adverse information (connection to the Tweed Ring, alleged losses/misappropriation/speculation). OCR errors in some articles corrected (e.g., dates and names normalized).

Events (4)
1. November 18, 1871 Run
Cause
Bank Specific Adverse Info
Cause Details
Run triggered by rumors and revelations of the bank's connection to the Tweed 'Ring' and related failures (Guardian Savings) undermining depositor confidence.
Measures
None specifically reported as emergency liquidity measures; officers attempted public reassurance that demands would be met.
Newspaper Excerpt
An extensive run on the Bowling Green Savings Bank was caused by its rumored connection with the Guardian Savings Bank.
Source
newspapers
2. November 19, 1871 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Heavy withdrawals following association with Guardian Savings Bank and the collapse of the Tweed Ring exhausted capital; officers reported capital exhausted and announced they would be able to meet demands after a period (30–60 days claimed).
Newspaper Excerpt
The run on the Bowling Green Savings Bank caused suspension at 2 o'clock this afternoon.
Source
newspapers
3. November 28, 1871 Receivership
Newspaper Excerpt
The Receiver of the Bowling Green Savings Bank will report its condition to the depositors on Wednesday. (Nov. 28 dispatches reference receiver activity.) Later articles in 1872 discuss receiver actions and suits by the receiver (Shepherd Knapp).
Source
newspapers
4. February 14, 1872 Other
Newspaper Excerpt
The officers of the Bowling Green Savings bank have been arrested on the charge of misappropriation of the funds of the institution. The vice-president of the bank has been bailed in $50,000 (Feb. 13-14, 1872 dispatches).
Source
newspapers

Newspaper Articles (23)
1. November 19, 1871 Knoxville Daily Chronicle Knoxville, TN
Article from Knoxville Daily Chronicle, November 19, 1871

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LATEST BY TELEGRAPH. -0 FOREIGN NEWS BY THE CABLE. o Miscellaneous and Washington News. J HOME NEWS. HARDWARE WORKS BURNED. Marine Disasters-Beveridge's Majority. WASHINGTON, Nov. 18.-Penfield & Son's hardware works at Middletown, Conn., were burned last night, loss $50,000. There were two deaths from cholera at the New York quarantine yesterday. The schooner Alice Mary was lost in Petite Passage. The French ship of war Bouvett was lost on Folly Reef. The crew were saved. The 78th regiment leaves Halifax for Queenstown this week. The majority for Beveridge, Congressman at Large in Illinois, is only 19,000. The disguised men who hung three nogroes for the murder of the Park family, met no serious resistance. The assailants beat down two doora of the Charleston, Indiana jail, when the Sheriff Save them the key to the third door. It is understood that the negroes made additional confessions before their execution. Three counties contributed to the men engaged in the execution. The Reporters of New York publish a letter complaining of continued abstraction of goods coming through the custom house, At Prospect Park, Kingston and mate beat Hornet Allen and mate for two thousand dollare. Time-2:19}; 2:17: 20. PPILADELPHIA, Nov, 18.-The Athletics Base Ball Club has received notice from the Champion Committee that the Athletics have been declared champion, and that the white pennant awaits their orders. The Guardian Savings Institution on Chatham street, New York, has failed. Tweed was the President. The Trustees say the assets were abundant, though not immediately available. The crew of the vessel P. C. Sperman are wrecked on Lake Erie. All are safe except the chambermaid, who died from exposure. The crew drifted twenty hours in an open boat. Several of the crew of the City Mexico, from Havana, have been arrested at New Yord for smuggling cigars. NEW YORK, Nov. 18.-Judge Gilbert has de nied the application for a writ to compel the Brooklyn Board of Canvassers to reject the returns of certain districts of Brooklyn. An extensive run on the Bowling Green Savings Bank was caused by its rumored connection with the Guardian Savings Bank. SAVANNAH, Nov. 18.-Heavy frost this morming, the fourth of the season. Weather decidedly cool. The fair of the Industrial Exposition which opens here next Tuesday, promèses the 8 complete success within all departments. The very full attendance promises to be unusually large. NORFOLK, Nov. 18.-The steamship Equator, from Galveston to New York, putin here short of coal. She sails' in the morning. She experienced stormy northeast gales the whole passage. NEWBERN, N. C., Nov. 18.-The steamer Mary Sanford, on a voyage from Wilmington for Philadelphia, sprung a leak and was beached at Cape Hatteras, with sixty feet of water in the hold. She took fire immediately after reaching beach and burned to the water's edge. The vessel is a total loss. A small portion of the cargo was saved. No lives were lost.

2. November 19, 1871 Nashville Union and American Nashville, TN
Article from Nashville Union and American, November 19, 1871

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The run on the Bowling Green Savings Bank caused suspension at 2 o'clock this afternoon. The officers of the bank say that at the end of thirty days it will be able to meet all demands. It is reported there will be a run on other banks Monday. The National Savings Bank also suspended today, making three in all. There is considerable excitement about the Guardian Savings Bank to-day. The depositors were assembled in large numbers around the bank, though no demonstration was made. The friends of Tweed tried to pacify the crowd by saying it would resume Monday. Prominent Tammanyists have official connection with all three of the suspended banks, Tweed being President of the Guardian Bank, and Police Commissioner Henry Smith of the Bowling Green Bank.

3. November 19, 1871 The New York Herald New York, NY
Article from The New York Herald, November 19, 1871

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The Savings Banks Troubles. The suspension of the Guardian Savings Bank, which was controlled almost entirely by the capitalists of the "Ring," and of which William M. Tweed was President, is a natural result of the collapse of the "Ring" itself, and also goes to explain the run which commenced yesterday on the Bowling Green Savings Bank-an institution near of kin to the "Boss' own, and on the National Savings Institution, which has been luckless enough to have a Tweed (Jr.) among its directors. There is no need to feel any uncertainty in regard to the great majority of our savings institutions, for they are, as a rule, honestly controlled and are considered perfectly sound. The Guardian and Bowling Green are the only ones that have an acknowledged affinity with the "Ring" management, and they doubtless feel now that a good name 13 better than silver or gold. It is to be earnestly desired that the laboring men whose bread and meat depend upon the little sums they have deposited in these concerns may suffer no loss. Nothing that bas yet been proven against the "Ring" managers will go so far to render the lower classes indignant as to thus bring "Ring" rascality to bear directly on their own slim pockets. Better that every man of means in the directory of these banks sacrifice his whole fortune than that these worthy and needy depositors go unpaid.

4. November 20, 1871 Evening Star Washington, DC
Article from Evening Star, November 20, 1871

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The Bursting of the Ring Banks in New York. Tweed Puts in His Usual Piea of Innocence. NEW YORK, Nov. 20.-Wm. M. Tweed denies that he is connected with the Bowling Green Savings Bank. He admits being president of the Guardian Savings Bank, but has nothing to do with its management. He says its vice president has placed $300,000 worth of real estate at the command of the bank to enable it to meet its engagements. H. Smith, vice president, of the National Savings Bank, states that all demands will be promptly met to-day. NEW YORK, Nov. 23.-The Times says: "Edward Schell has been appointed by Judge Barnard as receiver of the National Savings Bank, who will take possession to-day. It is believed this bank, the Guardian and Bowling Green banks will meet all the claims of their depositors, but it doubtful if either resumes business again.

5. November 20, 1871 The Daily State Journal Richmond, Alexandria, VA
Article from The Daily State Journal, November 20, 1871

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LATEST NEWS. FROM NEW YORK. New York, Nov. -There was a run on the National and the Bowling Green Savings banks to-day. The latter, of which Henry Smith, the police commissioner, is president, suspended payment at 2 o'clock P.M., having exhausted its capital of $50,000. Its officers claim that at the end of sixty days the bank will be able to meet all demands. The National Savings bank is also reported to be unable to stand the pressure, and to have closed its doors before the end of business hours. There will be a run on other banks on Monday. The Guardian Savings bank, previously reported suspended, has its portals barred, and all entrance to the building is denied. Notice has been given that the Painters' Bricklayers', Housesmiths', Stair-builders and Joiners' unions will withdraw from the Workingmen's Union, as the latter is being used mostly to advance the interest of the politicians. Judge Gilbert has denied the application to compel the Brooklyn Board of Canvassers to reject the returns of certain districts in Brooklyn. New York, Nov. 19. A special detective of the United States sub-Treasury left for Europe to secure the arrest of Andrew J. Garney. One "cholera death to-day at Quarantine. Forty cases remain. All of which are doing well. Arrived, "Herman Livingston" and the Russian frigate "Swetland" with the Grand Duke Alexis on board. New York, Nov. 19.-The - Sunday Herald says the primary cause of the suspension of the Bowling Green Savings Bank is said to have been the loss of a quarter of a million of dollars in Hannibal and St. Joseph stock, in which the officers and directors are alleged to have speculated with its frauds. Mr. Selmes, its secretary, stated last evening that they would not be able to open the doors soon, if at all. He says the liabilities and assets are each about half a million, and that the bank will be able after awhile to meet every obligation. They have ample securities, but have been obliged to bear the odium of connection with the ring for three months, and to raise money had to sell securities at a heavy discount. New York, Nov. 19.-Richard Tweed retires from the Metropolitan Hotel December 1st. Applications were made to the British Consulate yesterday by three naturalized citizens for permission to resume their allegiance to Great Britain. The Williamsburg Mormon church is breaking up. Most of the leaders have gone to Utah. The Episcopal church, corner of One Hundred and Twenty-seventh street and Fourth avenue, was burned last night.The loss is small, as the building was of wood.

6. November 20, 1871 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, November 20, 1871

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BOWLING GREEN BANK SUSPENDED. Therun on Bowling Green Savings Bank caused a suspension at 2 o'clock this afternoon. The officers of the bank say that at the end of sixty days it will be able to meet all demands. OTHER BANKS THREATENED TO-DAY. It is reported that there will be a run on other banks Monday. A THIRD SUSPENSION. The National Savings Bank also suspended to-day, making three in all. EXCITEMENT ABOUT TWEED'S BANK. There was considerable excitement about the Guardian Savings Bank to-day. The depositors were assembled in large numbers around the bank, though no demonstrations were made. The friends of Tweed tried to pacify the crowd by saying that the bank would resume on Monday. Prominent Tammanyites have had official connection with three of the suspended banks, Tweed being President of the Guardian Bank, and Police Commissioner Henry Smith, of Bowling Green, in the office. SMALL-POX. / Nine new cases of small-pox are reported to-day. This makes thirty-nine cases since Saturday last. QUARANTINE CHOLERA. The cholera at Quarantine is now supposed to have been subdued. No deaths have occurred since Thursday. The Humboldt, of the same line as the Franklin, expected to arrive on Tuesday. it is feared, will have a portion of the disease on board.

7. November 20, 1871 The Wheeling Daily Register Wheeling, WV
Article from The Wheeling Daily Register, November 20, 1871

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NEW YORK. The Cholera. YORK, November deaths from cholera NEW additional yesterday, of victims being at present no were at the two quarantine two hospital, children emi- the are reason to grants. the to There The apprehend majority appears the of spread those recovery now of ill disease. a condition favorable Tweed's Bank. Suspension in of savings bank, of which and The Geardian has suspended. The bank will be Tweed a receiver ample is president, securities, been appointed. and the depositors has Bowling paid. Green Savings begun Bank. on the swarming run bank was preThe Green savings announcement late last Bowling by the the Guardian the failure throughcipitated night of which continued of dollar in the it savings bank, day until every out, rendering out the had been paid the bank depositors. privilege bank to claim from end of will sixty that to meet all necessary The of officers days they claim notice be able savings at the bank, a demands. is also days The National in sixty on Broadway, reported critical condition. Bank Robbery. No. Daring Trust Company, hours, The Union was rebbed last a evening most daring the A two after Broadway, bank little after in 3 P.M., respectable when entered manner. clerks were busy, and asked for They strangers the President. when they Frothingham, his room, in were directed to by Mr. Frothinghawas name were admitted stated that his to borrow person. Edwards, One and thousand that he wished dollars. engaged While three or four President were loan, his 100 the into of one sand companion he tling and the preliminaries slipped bonds of Montreal an the adjoining thou Railroom and of the desk. company, left. an road dollars seized after each lying on the Suspicion dispatched aris- The one two shorth Frothingham and the ing, Mr. the strangest but the officer after Edwards was bonds stolen been cannamed other escaped. negotiated, The as notice of the has company, them. given not be by the President might buy but ignorant of the ment Resignation Tribune persons is authority Tweed, well for informed statethat it is tendered The Tweed asserted has Hall. in At a late his circles that to Mayor Tweed and Mr. 8th resignation interview between the Hall, inst., been Francis chosen Sweeney on is said to have M. Bixby successor. Members by Tweed as his Appointmentroller Hall and to fill the Mayor have agreed Deputy by vacancy appoint- PierGreen the Park Commissioner words Stebbins, It is said aounced in pont, ing Henry and G. Horace will Greeley. be week. officially anThe the appointment some next Suit. Mansfield this alternoon A legal process B. Sweeney, was in bebalf surrenaerved upon P. demanding the which Miss Mansfield, in his possession and William said der of papers to implicate scheme. him It alluded is Sweeney destroyed are Tweed said in the Erie the papers sired by ed been II. C. refused; to. Hambletonian, Babcock Ellis. three Christened. was An yesterday30,000 offer of colt, christen- for him has corpus. prize and Tim Catlin Habeas and of whom Billy Edwards, were sent engag to fighters, both fined $1000 taken each for into the of ing in a Monday, on release, on Supreme prison fight, Court, will to ask be conviction their a writ was habeas corpus, that their was not committed within the The Race. legal, the ground as the jurisdiction offense of the Court. Ameri unfinished trot Allen between was finished in 2:22). can to-day, The Girl the and former W. H. winning the heat Labor Reform. committee Organization In a letter Wilson, of to Labor the of Reform, Massachusetts, his views at West says ton, Senator that he can't, in the with movement. well He as is by learned the end propriety, Republican join and has conviction hardships as by experi- poor doomed into being and lift from of owners the do nothbrows of and he Senator a ence are the party powers association, the came trials toil, to working would suffer. of labor. The work. to Republican crush dishonor the Ohio, to endanger Alabama, and sympathizing Spencer, ing of letters the of of with enforced work. wrote November that 19.-Shortly S. last F. night, Cary, the NEW YORK, of midnight,1 with before the hour frigate Svettana, Alexis on Russan Grand Duke lightship in the long expected arrived off the she the anchored for board, where arrival city of the the the night. lower known bay, The in news the The of her until officers is well an early on not this morning. that all satisfaction Svettana hour board, the other and report express vessels much in of harbor. the squadron Octo- The that safely Madeira on ber had arrived from strong Svettana 12, gailed and had rough experienced weather nearly

8. November 20, 1871 Alexandria Gazette Alexandria, VA
Article from Alexandria Gazette, November 20, 1871

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NEWS OF THE DAY. "To show the very age and body of the Times. A mob last night at Brookville Ind., forced the jail and attempted to take out McDonald Check. therein confined for the murder of his father-in law. Check knocked down the first than that came into his cell. and, taking a revolver from him, defended himself bravely. Many of the mob were hurt. The jailor in the meantime escaped and rang the fire alarm. which brought :1 number of citizens to his ml. whereupon the mail scattered. Rev. Dr. Ewer. :11: Episcopal elergyman in New York. who some time ago pronounced Protestantism a failure," has just been constrained to resign the rectorship of Christ Church. New York. Itseems that the latest complaint against him is the admission of eight ladies to the confessional. The steamer Mary Seaford, from Wilmington to Philadelphia, sprung a leak last week and was beached at Hatteras with six feet of water in her hold. She took fire immediatly afterward and burned to the water's edge. The vessel is a total loss. No lives were lost. A small part of the cargo was saved. It has been the general supposition that the experiment of female suffrage in Wyoming was a tolerable success, and acceptable generally to the peeple. There are, however, many dissatisfied persous, and they have submitted to the Legislature a bill for the repeal of the law. The Consul of Sweden at Havana has been banished from the island. and sails to-morrow in the French steamer for St. Lazaire. He ischarged with acting as the agent of Senor Aldama and other known Cuban refugees. The Bowling Green Savings Bank of New York in New York has suspended, and the National Savings Institution, and the Yorkville Savings Institution are apparently in dangerof following its example. One of the gift enterprise dealers in Baltimore has been arrested on the charge of violating the lottery law. This is the first step towards enforcing the warning given by the Grand Jury. The Rev. Peter Wolle, senior bishop of the Moravian Church, died at Bethlehem, Pennsylvania, on the 1.tth instant, in his eightieth year The report of the Agricultural Department on the cotton crop shows a considerable improvement over the estimates made the preceding month. Small-pox is steadily increasing in the tenements in various parts of New York city. During last week. thirty-two new cases were reported to the Board of Health. For the past week, there is a very considerable increase of small pox in Philadelphia, the deaths aggregating 133, an excess of 32 over the preceding seven days.

9. November 21, 1871 The New York Herald New York, NY
Article from The New York Herald, November 21, 1871

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speaking the "Poor Boy of the Ring" came in, smiled sardonically upon the reporter and puffed his regalia. "How is the Commissioner! 1 have called to see you." "I am too busy," Smith responded, "But how about this statement of your bank?" asked the reporter, pointing to the open page from which the above figures are obtained. "Figures 1" exclaimed Hank; "don't show 'em to me! I am too busy "Well, IS this your bank?" "It is." Here the reporter observed that the sign gave the name of the bank as the "National Savings Bank" and checks covering the counter as the "National Savings Institution." He asked:"Well, Mr. Smith, how about the Bowling Green Bank?" The answer came with a smile and a hiss:"I don't know. I can only run one at a time. We will pay every depositor." The reporter promenaded Broadway, wondering how "a Ring bank" that only has ostensibly deposits of a little over $2,000 requires the presence of the sharpest police officials to prevent a run. Another of Hank Smith's Concerns. The "Poor Boy" is President of the Bowling Green Savings Bank, and Reeves E. Selmes is the Secretary. Their last report to Howell, Superintendent of Banks. shows:RESOURCES. Bonds and mortgages $193,863 64 State bonds 25,000 00 Loaned on public stocks 212,677 77 Loaued on railroad, national bank, life insurance, safe deposit companies and New York, stock 86,572 86 Loaned on personal securities 46,416 26 Cash on deposit in bank or trust companies 42,223 76 Cash on hand not deposited in bank 37,157 56 Total resources $643,911 85 LIABILITIES. Amount due depositors $643,911 85 Principal $630,911 80 Interest credited 1st January, 1871 13,000 05 $643.011

10. November 22, 1871 Public Ledger Memphis, TN
Article from Public Ledger, November 22, 1871

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NEW YORK. NEW YORK, November 22.-Judge Bedford reconvened the Grand Jury today, and uged upon them strongly the necessity of action in relation to recent exposures of city frauds. In concluding his charge, His Honor said: "Your body is omnipotent; you are responsible to nobody; you can send for witnesses and for papers, and can command the strong arm of the law to compel obedience to your summons. I would suggest that you send for such men as Charles O'Conner, whose great and fearless abilities have been brought to bear in the investigation of these frauds and the prosecution of the perpetrators. This is an important duty, gentlemen, and one which should be fearlessly performed." Judge Hilton retires to-day as Commissioner of Parks. He will discharge the duties of treasurer at his private office until a successor shail have been appointed. It is understood that H. G. Stebbins and William Blodgett will be appointed as commissioners. It is announced that none of the depositors in the savings banks which recently suspended payment will lose their money. The banks will meet all claims. The Bowling Green Savings Bank will settle up its affairs on Thursday. Jas. Fisk, jr., was presented to the Grand Duke Alexis after a serenade last evening by the band of the Ninth Regiment, at the Clarendon Hotel. The building was surrounded by an immense crowd. The Grand Duke, with his staff and Minister Catacazy, appeared on the balcony of the hotel during the entire serenade. He remained at the hotel all the evening. He leaves for Washington this morning at eleven o'clock. The Grand Duke Alexis and suite left . at 11 a.m. for Washington. A dispatch just received here states that the steamer City of New London, running between this city and New London, Conn., while on her passage through Long Island Sound to New London, last night, was burned to the water's edge. The dispatch states that the captain of the vessel and a large number of passengers were drowned. This intelligence has caused great alarm and excitement among the friends of the passengers on the ill-fated vessel. A later dispatch states that it was the freight boat City of New London that was burned on Long Island Sound last night, and not the steamer of that name, as at first reported.

11. November 28, 1871 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, November 28, 1871

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BY TELEGRAPH -TO THEDaily Kennebec Journal. News from New York New York, 27. Connolly was not bailed this afternoon. Washington Connolly, Michael Turney, Thos. J. Cahitt, John Morrissy and Barnard Kelly were unable to justify in the required amount. Henry Hart, it ap pears, declined to furnish security, his brother and partner refusing to assent to assuring so large a responsibility. The gentlemen who have entered bonds thus far, are Governor Hoffman, $200,000; Washington Connolly, $100,000; Thos. B. Connolly, $100,000; Charles Connolly, $200,000. It is said that Connolly will be permitted O occupy rooms at the New York hotel & reasonable period; but if bail is not then obined we will be committed to the Ludlow street jail. Rumors say that Tweed has resigned his ffice as commissioner of public works, and that Francis M. Bixby has been appointed his successor by Mayor Hall. It is said that the prospective arrest of Peter B. Sweeny will be the result of the investigation of Jackson S. Schultz, into the Tairs of the Nasau Bank, from which it would appear that large amounts were deposted therein to the credit of J. M. Sweeny, at the same time that Woodward deposited for I'weed in the Broadway Bank, and that these moneys were really for Peter B. Sweeny. The great sugar case of the United State VS. Weld & Co., has been postponed till Dec. 15th. The Receiver of the Bowling Green Savings Bank will report its condition to the deposiore on Wednesday. Clara Louise Kellogg has closed a contrac. to sing 20 nights in San Francisco for 810,000 in gold. A burglar was caught this forenoon in the act of robbing Tiffany & Co., of $10,000 worth of watches. There were ten new cases of small pox and four deaths to-day. There were 153 deaths from small pox in Philadelphia last week, and 92 new cases were reported yesterday. John McCummiskey, a tinsmith, was beaten, probably to death, last night with base ball clubs by four men. Capt. Tremont of schooner Margaret and Laura, (late Tremont), died on the passage from Rondout to Boston, of consumption. His body has been sent to Boston. The chooner is in charge of the first mate and will proceed on her wav. The tug boat Geo. Farrel was run down and sunk off Sandy Hook this forenoon by a ark bound out. The captain and crew were rescued. The Grand Duke Alexis and suite attended he opera at the academy of music to-night. and were enthusiastically received by the aulience while the band played the Russian national hymn. At a late hour to-night Connolly procured $900,000 bail.

12. January 22, 1872 Evening Star Washington, DC
Article from Evening Star, January 22, 1872

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The Run on the New York Savings Banks. NEW YORK, Jan. 22.-There is a large crow4 in Nassau street, composed of depositors in the Market Savings Bank. Cries of "Swindlers," "Robbers," "Highwaymen," are frequent, but no overt acts are committed. Excitement is visible on all countenances. No one is admitted to the bank but the receiver and officers of the broken institution. The general impression is that the statement will show unparalleled knavery. The retrenchment committee have decided to stay here another week. The run on the Third-avenue Savings Bank ceased to-day. A depositor to-day petitioned that the Bowling Green Savings Bank be declared bankrupt.

13. January 23, 1872 Worcester Daily Spy Worcester, MA
Article from Worcester Daily Spy, January 23, 1872

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Our New York Dispatches. More Light on the Custom House Business-A Murderous Assault-From the Episcopal to the Catholic Church, etc. NEW YORK, Jan. 22.-There is a large crowd in Nassau street of depositors in the Market savings bank. Cries of "swindlers, robbers and highwaymen," are frequent, but (no overt acts have been committed. Excitement is visible on all countenances. No one is admitted to the bank but the receiver and officers of the broken institution. The general impression is that the statement will show unparalieled knavery. The run on the Third Avenue savings bank about ceased to-day. A depositor to day petitioned that the Bowling Green savings bank be declared bankrupt. The retrenchment committee resumed their sessions at their hotel this morning. George K. Leet testified that he came here in the spring of 1869, had been engaged in the general order business the past nineteen months; began the business by a partnership with Bixby through an arrangement engineered by Mr. Lindsay, confidential adviser of Grinnell, by which he (Leet) received $5000 per year of the profits because he enabled Bixby to get the business through his influence with Grinnell. In answer as to what induced Grinnell to give him the business, Leet said he was introduced to Grinnell by a letter from President Grant, as follows: EXECUTIVE MANSION, WASHINGTON, March 9,1869. W. H. Grinnell: Dear Sir-This will introduce to you Col. G. K. Leet, who served under me from early in the war to the present dayfrom the fall of Vicksburg forward as a staff officer. He is a business man of unquestioned integrity. His experience before the war fits him for business of almost any kind. He now proposes to resign from the army to engage in private life, and I cheerfully commend him as possessing all the qualities necessary to insure confidence. Yours truly, U.S. GRANT. (Signed) Leet continued-The profits annually from the general order business were from five to eight thousand dollars; resigned from the army in February, 1870; when the president gave him the letter to Grinnell, did not tell him I was going to apply for the general order business. At the evening session, the examination of Col. Leet was continued. He remembered having written to Mr. Lindsay to come to Washington in reference to an investment in San Domingo; while receiving about five thousand dollars from Bixby, his salary from the army was about twenty-eight or twenty-nine hundred dollars; he never made any threat against Grinnell; the rents for the stores of Leet & Stocking are $19,000; the profits of the concern amount to $58, 000, In starting business witness put in $1000 and Stocking $500. J. D. Bradley delivered a sermon yesterday in the Forty-third street church (Episcopal), announcing his secession and his adoption of the Catholic religion. He was educated at Oxford university, England, John Glass was assaulted, stabbed and cut in seventeen places last night by James Costello, for abusing the latter in a vituperative manner. Glass presented a shockingspectaelo when taken to the station, being covered with blood. His face and head are hacked lawfully. The assault was made with a large carying knife which Cos. tello was using in his restaurant, where Glass had just ordered supper, Glass will die. He was once in the state prison for killing a policeman, and the attack upon him by Costello last night was not made until he hud been threatened and abused beyond all endurance by the scoundrel. A policeman who was requested 19 put Glass our of the saloon was afraid to do so and sneaked away, Costello is known as a quiet and peageable man. Forty thousand citizens signed a petition for opening the Cooper institute library and reading room on Sundays. Jacob Wetzel shot Enima Behrens in a con cert sajoon this morning ap6 King's distillery at WiHiamsville w to thejamount of $15,000 by fire yes Mr WM. . sured. crem this & CO. Michael Fittner was fatally assaulted

14. January 24, 1872 The New York Herald New York, NY
Article from The New York Herald, January 24, 1872

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# BOWLING GREEN SAVINGS BANK. Indignation Meeting of the Depositors-Report of the Investigating Committee-Officials of the Bank Denounced-Criminal Proceedings to be Instituted. A meeting of the depositors of the Bowling Green Savings Bank was held last night at 72 Greenwich street for the purpose of hearing the report of the committee appointed to investigate the affairs of the institution. There was a large attendance, and the proceedings were listened to with deep interest. Judge Hogan presided, and in calling the meeting to order said that at a meeting of the depositors of the bank held some time ago a committee was appointed to examine into the affairs of the bank. That committee consisted of five persons, with the chairman of the meeting. Subsequently that committee delegated their authority to Mr. Phillips and himself. Two or three weeks ago Mr. Phillips was called away. At the earnest solicitation of many of the depositors he (the Chairman) undertook to examine the affairs of the bank himself at that point where Mr. Philips had left off, and he was enabled to present the condition of the institution so far as he could ascertain. He desired to say that if any person had suffered hardship by reason of the bank suspended he had suffered owing to the fact that those who had managed its affairs did not live in the neighborhood, and many of the de-

15. February 5, 1872 New-York Tribune New York, NY
Article from New-York Tribune, February 5, 1872

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BANK DEPOSITORS' GRIEVANCES. About 1,300 depositors have signed the petition protesting against placing the Market Savings Bank in bankruptcy. Mrs. 8. F. Mackey's petition to have the bank thrown into bankruptcy came up before Judge Blatchford on Saturday. Counsel for the bank stated that he had arranged with counsel for the petitioner for an adjournment for one week. Two new petitions of a similar nature were presented and pronounced imperfect in form. James H. Montfort of Green Vale, Long Island, called upon a member of the Depositors' Investigating Committee on Saturday, and stated that several days before the failure of the bank. Mr. Van Name told a mutual acquaintance of the critical state of the bank. and said that he had withdrawn his account. In addition to this, Mr. Montfort affirms that Mr. Van Name advised several persons residing in Green Vale to withdraw their deposits, and told the teller to inform his friends in Green Vale so that they might withdraw their money in time. Mr. Montfort states that 15 persons withdrew their deposits some four days before the collapse, others on the day previous, and two. he affirms, were quietly admitted into the bank the day of the failure, when it was closed to the public, and received the amount of their deposits in full. The President, Mr. Van Name, denies the charges. A meeting of the depositors of the bank will take place to-day, in the First Dis trict Court. Mr. Worth, the receiver, is expected to be present and to address the audience on the condition of the bank. The run upon the Third Avenue Savings Bank was very light on Saturday. the number of people about the building and the amount of money withdrawn being much smaller than on any day since the run began. Many of the depositors drew out portions of their accounts, and others withdrew their interest only. In reference to the petition in bankruptey, filed against the bank on Friday. the officers are confident that it will not be granted. They characterize the proceeding as entirely malicious, and done at the instigation of the party of disappointed politicians who wanted to control this bank, and, failing in which, they have used every dishondrable means to effect its ruin. The Eighth National and Stuvvesant Banks' depositors meet to-day.1 to consider the condition of their banks, the prospects for the payment of dividends, and the prevention of bankruptcy proceedings. Judge Blatchford heard the motion of Aaron May, on Saturday, to have the Bowling Green Savings Bank placed in involuntary bankruptcy. Counsel for the bank said that a judgment had been obtained in the State Court against the bank, dissolving the bank before service in the bankruptcy proceedings had been made upon the Secretary of the bank. The Court held that the service was defective, as, there being no bank. there could be no Secretary, and an adjournment was had to give the petitioner time to make service by publication.

16. February 14, 1872 The Daily State Journal Richmond, Alexandria, VA
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FROM NEW YORK -New York, Feb. 13.-The officers of the Bowling Green Savings bank have been arrested on the charge of misappropriation of the funds of the institution. The vicepresident of the bank has been bailed in $50,000. The Morrisiana Hotel, at Morrisiana, has been burned, the inmates narrowly escaping with their lives. The Methodist preachers here favor a longer term of ministration. The subject will be brought before the General Conference. The French residents have subscribed four thousand dollars during the week to aid in the payment of the German war debt. The receiver for the Sturtevant Savings bank reports enough assets to cover the liabilities. The jury in the Stokes trial was completed to-day, and the court adjourned to to-morrow.

17. February 14, 1872 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, February 14, 1872

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New York Items. NEW YORK, February 13.-The officers of the Bowling Green Savings Bank have been arrested on the charge of misappropriation of the funds of the institution. The Morrisiana Hotel, at Morrisiana, has been burned, the inmates narrowly escaping with their lives. The Methodist preachers here favor a longer term of ministration. The subject will be brought before the general conference. The jury in the Stokes trial was completed to-day, and the court adjourned until to-morrow. O'Baldwin has accepted the Mace challenge. The French residents have subscribed four thousand dollars during the week to aid in the payment of the German war debt. The receiver of the Sturtevant Savings Bank reports enough assets to cover the liabilities. The vice-president of the Bowling Green Savings Bank has been bailed in $50,000.

18. February 24, 1872 The Wheeling Daily Intelligencer Wheeling, WV
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NEW YORK CITY. NEW YORK, February 23.-It was shown in the quarantine investigation yesterday that enormous charges had been made for assistance which ship agents were compelled to receive from the agents of the quarantine department; that bribes of various kinds always facilitated the inspection of vessels. It was also testified that the quarantine property was undersold. It appears that the examination of the accounts of the Bureau of Roads in the department of public works, which was under the management of Tweed, shows that enormous charges have been for tools and road repairs. Pickpocketing was frequent on Broad way yesterday, and some twenty arrests were.made. Charles Moore, the notorious emigrant swindler, has been sentenced to five years in State Prison at hard labor. Collector Arthurs says he has not resigned. In the quarantine investigation to-day, L. S. Pond, one of the directors of the steamship company whose vessels run to Havana, testified that under the present quarantine officers there were many delays, and the expenses were much heavier than ever before, though the present health officer released all vessels from quarantine as soon as possible; that as soon as he had made all the money out of them he could, experienced lighter men would offer to do the lighterage for half the amount now charged. The result of these quarantine exactions had been a loss to this port annually of 400,000 hogsheads of sugar, which had been taken to Boston, Philadelphia and Baltimore. Mr. Pond stated that he considered the lighterage business at quarantine a swindle on merchants from beginning to end, and he had no doubt that Dr. Carnochan reaped a share of the swindle, and that the community had been plundered right and left. D. Norval, ship-master, testified to extortion in the towing of his vessels by quarantine tug-boats. J. S. Blank test fied to doing police, coachman's, groomsman's and messenger's duties for Dr. Carnochan; also to collecting fares on the quarantine steamboat when taking passengers to the city, and handing the money to Dr. Carnochan. The investigation of the alleged corrupt judges was continued this morning, but the sessions continue secret. During an assault made by Edward Schuler on James O'Connor, yesterday, the latter, in self-defense, stabbed Schuler, with a probable fatal result. O'Connor has been arrested to await the result of the stabbing. Both were schoolboys. The Army and Navy Club of this city have altered their constitution so as to allow citizens to become members, under certain conditions. There have been eloven new cases of small-pox within the last 24 hours. Another suit against Roche, Vice President of the Bowling Green Savings Bank, was brought to-day by the Receiver. His bail was fixed at $65,000. Other officials of this bank will be arrested soon. Two children ot P. Flanagan, at Tremont, West Chester county, were burned to death this A. M., by the destruction of the shanty in which they lived. A letter from Florence, dated January 24th, says that a fire there had rendered two hundred families homeless, and dependent upon charity for sustenance. An admiralty suit to recover one hundred dollars, commenced in 1856 against Laundried by E. N. Kirk, was to-day decided in favor of the plaintiff. Several parties further testified to abuses in quarantine matters this afternoon-all being accumulation of previous evidence. A Rio Janeiro letter of the 26th of January states that coffee has advanced, with sales within a fortnight of 75,000 bags for the United States. Police Justices Seymour and Keese, of Jersey City, have been held for trial in $5,000 bail each on charges of unlawfully imprisoning citizens." Police Commissioners Edwardson and Grass have been held in $3,000 and Fire Commissioner Boyd in $2,000 for trial for malfeasance in office. e Henry Quackerbush, lately on the staff e of the Evening News, committed suicide at the Central Park yesterday during mental aberation. A Raltimore Scandal

19. March 8, 1872 The Daily Dispatch Richmond, VA
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New York Items. NEW YORK, March 7.--It is stated that nearly every justice of Westchester county has been indicted for retaining county money. One has been arrested and held in $5,000 bail for trial. It is rumored that relief goods for the Chicago sufferers have been lost or stolen in the general-order warehouses of this city. The Commercial Advertiser states that there is a general movement among the mechanics to strike on the 1st of April. The Advertiser warns the Workingmen's Union that there may be a combination throughout the country equally as strong as theirs. The redemption of twenty millions of 1862's commenced to-day. The receiver of the Bowling Green Savings Bank declines to give certain lista in the Federal court, 25 he was appointed by the State court, and is amenable to it. A motion is pending why he shall not be punished for contempt. The Federal Judge Blatchford will hear the case on Saturday. Andrew J. Garvey, the plasterer, has appeared as a witness against Mayor Hall, causing considerable excitement. It is said that Garvey has turned State's evidence. The packages of supplies from England to Chicago heretofore reported lost have been found and forwarded. There were nineteen new cases of smallpox yesterday and three deaths.

20. March 30, 1872 The Wheeling Daily Intelligencer Wheeling, WV
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NEW YORK CITY. NEW YORK, March 29.-An offer of compromise by Henry Smith, ex-President of the defunct Bowling Green Savinga Bank, to pay $50,000 on consideration of being released from further liabilities, was accepted yesterday by the creditors. It is said that two of Jay Gould's friends who remain in the Erie Directory will soon resign. The contracts made by the late management are to be re-examined. The case of Judge Barnard before the Judiciary Committee, was closed yesterday. The Judge submitted a protest against the consideration by the Committee of hearsay testimony. At a large meeting of Germans last evening, resolutions were adopted urging the passage of the new charter. Good Friday was faithfully and religiously observed in the churches of this city and Brooklyn. Business for the most part was suspended, and nearly all the public buildingo were closed. The weather was delightful, and the streets were crowded. Although the Stock Exchange was closed, a crowd of brokers gathered on the sidewalks, and several million of dollars in gold changed hands at 1101 and 110. Professor Morse passed a comfortable night last night, but his physicians do not yet pronounce him out of danger. An amendment to the New York charter has been adopted providing that the Board of Aldermen shall be composed of six aldermen from each Senatorial district, and two assistant aldermen from each Assembly district. A later Albany dispatch says the charter as amended has passed the Senate. The Brooklyn small-pox hospital is filled to overflowing. The blockade at the foot of Courtstreet, Brooklyn has been ordered to be removed by Judge Delmar. The situation otherwise is unchanged, and the people threaten to use force to prevent the use of the dock by scavengers. The case of Dutch Heinrich was up to day before the Court of General Sessions. The charge against Heinrich is that he, together with an accomplice, stole from H. M. Baker a box of bonds and other securities valued at fifty thousand dollars. Baker testified he had no doubt that Heinrich was one of the men engaged in the theft. The defense to-morrow will attempt to prove an alibi. General Winslow, President of the St. Louis & Southeastern railroad; General Croxton, President of the Paris & Big Sandy railroad, and those representing other sections of the proposed air line from the south bank of the Big Sandy riqer to St. Louis, have been here several days negotiating, looking to the completion of the line. The road will be finished in eighteen months. It appears that the mysterious order of arrest involves no prominent person, and is a mere private matter in which a good deal of money is at stake. It is reported that Hank Smith paid all the money he is liable for to the Bowling Green Savings Bank, but it proves to be untrue. Francis Herman was arrested to-day, charged with presenting false vouchers with the intention of defrauding the government out of money. There are twelve now cases of small pox in the city; three deaths day.

21. March 30, 1872 New-York Tribune New York, NY
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SAVINGS BANK THE BOWLING GRE? The statement that the offer of $50,000, made by Henry Smith to the Depositors' Investigating Committee of the Bowling Green Savings Bank, has been accepted by the United States Court, is incorrect. Walter Roche, it is said, has offered a basis of settlement, which has been refused, as the depositors are determined to obtain their demands in full, and Mr. Roche is regarded as having profited by their money. Another order of arrest is said to have been prepared against Mr. Roche, and will probably be serves in case he does not come to terms. The property transferred by Reeves E. Selmes, late Secretary of the Bank, to secure his proportion of the deficit, will be sold in a few days. In the United States District Court, to-day, Judge Blatchford will hear arguments on the motion to punish Receiver J. Knapp. for contempt in refusing to allow access to the books of the Bank.

22. March 29, 1873 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, March 29, 1873

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# The Labor Movement. The Brooklyn employing plasterers haye voted to resist the threatened strike. At a conference of the masters and journeymen carpenters last evening the latter refused to accede to the proposition of the former to work by the hour. # An Interview with Oakes Ames. At an interview yesterday Oakes Ames said that he intended to keep the Credit Mobilier bonds, formerly given to Congressman Kelley, until it is decided whether they belong to Mr. Ames. He also states that the books of the company will not be given to the United States Attorney General, but he will be allowed access to them. The company is ready to meet the suit of the government against it. # One of the Railroads Withdraws from the Combination. Mr. Bangs, of the Post-Office Department. states that he has been assured by one of the railways that that road will not withdraw the postal cars, and as this will break the railway combination their attempt to force the Govern-ment into paying their exorbitant charges will doubtless fall thro 1gh. # Investigation of the Goodrich Murder. The coroner's inquest in the case of Goodrich was begun in Brooklyn this afterncon. District Attorney Britton expresses his belief that the woman arrested last night, Mrs. Myers, if she did not commit the murder herself, knows all about it. She admitted that Goodrich paid her rent for her, and in fact kept her. Prof. Boyle does not think that this is the woman he frequently saw on the steps of the De Graw Street house with Goodrich. The mother of Mrs. Myers is reported to be an honest respectable woman. She greatly laments her daughters arrest and says that she was an honest, good girl, and was the main support of the family. She said that her daughter scarcely ever went out evenings. She might have been out some evenings last week bnt she always came home by 10 o'clock. She frequently received letters but never mentioned their contents. Several witnesses were examined, among them W. W. Goodrich, brother of the deceased, who testifled that his brother was largely in-debted to him and deeded him the houses on Degraw street. He frequently called on his brother, and on one occasion saw a woman in the house. Upon one of the jurors asking if he knew who the woman was, the coroner asked him not to press the question at the present time. Adjourned till Tuesday at 11 a. m. The woman arrested yesterday is now in the custody of the coroner and has heen removed to jail. Stokes. Don Cassos, counsel for Stokes, made application to Judge Brady to-day to amend the judgment record of Stokes first trial by insert-ing the facts of the absence of the judge and prisoner during a portion of the trial and the affidavits used on the motion for a new trial. Decision reserved # A Humbug. Barnum has recovered from the ashes of his third destructive conflagration and to-day pa-raded the city with a new and splendid show two miles in length. Great crowds of people gathered to witness the display, which fortu-nately was mattended by any mishap. # Various Matters. The examination of Joseph Perry on the charge of perjury in the Jumel will case, was to-day again adjourned. The receiver of the Bowling Green Savings Bank announces that he will pay a dividend or tan per cent. to depositors on April 7th. Judge Brady to-day decided to admit George Francis Train in $1000 bail but the prisoner declined to furnish it. Charles Mackay was to-day convicted of mailing obscene literature and remanded for sentence. The wreck of the steamer Metis, now under water off the coast of Rhode Island, was sold to-day for $500 to C. B. Manchester of Providence. In the suit of John L. Brown against the Board of Appointment, to recover $86,000 for extra sereet cleaning, the jury returned a ver-dict for the defendants. It is reported that the counsel for McDonnell, the alleged Bank of England forger, will apply for a writ of habeas corpus, on the ground that the U. S. Commissioner is not au-thorized to sit on extradition cases, and the charge of conspiracy is not covered by the ex-tradition treaty.

23. June 17, 1874 New-York Tribune New York, NY
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ANOTHER SUIT AGAINST WALTER ROCHE. Action has been begun in the Superior Court, before Judge Monell, by Shepherd Knapp, receiver of the Bowling Green Savings Bank, to recover from Walter Roche $65,000 of the moneys of the bank lent by Mr. Roche previously, and without security, to the Avenue C Railroad Company and D. K. Kohlman. The suit is similar to the one tried some time ago in the Superior Court which resulted unfavorably to Mr. Roche,