Newark Bank - Newark, NJ

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Start Date: September 15, 1930
Location: Newark, New Jersey (40.736, -74.172)

Metadata

Model: gpt-5-mini
Short Digest: f1dde644

Response Measures

None

Description

OCR-heavy article refers to a receivership/receiver action involving Newark Bank (Newark, NJ). No mention of a depositor run; article discusses proof of claim filed in receiver move and allegations about unauthorized stock issuance and bias to prevent judge retaining jurisdiction. Significant OCR errors corrected (e.g., headline interpreted as Proof Filed in Newark Bank Receiver Move).

Events (1)

1. September 15, 1930 Receivership

Newspaper Excerpt: Proof Filed in Newark Bank Receiver Move proof of claim National against Bank filed with the institution ... filed affidavit of bias ... seeking prevent Federal Judge retaining jurisdiction in the bank receiver alleges that the bank ... issued capital stock ... to persons without proper authorization
Source: newspapers

Newspaper Articles (1)

1. September 15, 1930 The Jersey Journal Jersey City, NJ

Article from The Jersey Journal, September 15, 1930

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Article Text

Proof Filed in Newark Bank Receiver Move proof of claim National against Bank filed with the institution, Bernhard, Eastern ceiver ualty Insurance Emanuel Margulies, organizer the company. plane crash January The filed shortly before Graham president bank, filed affidavit of bias the prejudice seeking prevent Federal Judge retaining jurisdiction in the bank receiveralleges that the bank the without the that the bank issued capital stock the to persons without proper authorization