14236. Cataract City Bank (Paterson, NJ)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 11, 1867
Location
Paterson, New Jersey (40.917, -74.172)

Metadata

Model
gpt-5-mini
Short Digest
59080a90

Response Measures

None

Description

Newspaper (NY Herald, 1867-06-11) reports the receiver of the Cataract City Bank of Paterson, N.J., notifying holders to present notes for redemption at Trenton by Nov 30, 1867. This indicates the bank was in receivership/closed; no run is mentioned in the provided articles. OCR errors corrected minimally (article text had some garbling).

Events (2)
1. June 11, 1867 Other
Newspaper Excerpt
The receiver ... notifies holders of the notes of that bank that all such notes must be presented for redemption ... and that holders ... who fail to present the same will be barred from all right to have the notes redeemed.
Source
newspapers
2. June 11, 1867 Receivership
Newspaper Excerpt
The receiver of the Cataract City Bank of Paterson, N. J., notifies holders of the notes of that bank that all such notes must be presented for redemption to the Treasurer of the State of New Jersey, at Trenton, on or before November 30, 1867, and that holders and owners thereof who fail to present the same will be barred from all right to have the notes redeemed.
Source
newspapers

Newspaper Articles (2)
1. June 11, 1867 The New York Herald New York, NY
Article from The New York Herald, June 11, 1867

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Article Text

Steward. Cornelius Vanof Smith Barker, Jr., and John H. Vanderbilt, Vice derbilt was re-elected President, W. ary. President, and Augustus Scheil, Secre banks that have The following is a list of national rs, with the Bive failed and are now in the bands of rec. First Na. amount of circulating notes issued to eac National, tional, Attica, N. Y., $45,000; Merchants FrankWashington, D. C., $180,000; Venango Nationa Tenn., lin, Pa., $85,000; Tennessee National, Memphis, 200; $90,000; First National, Newton, Mass., $130, First National, Selma, Ala., $85,000; First N tional, New Orleans, La, $180,000. In addition to these two banks have taken up their bonds and deposited lawful money in the United States Treasury to the amount of outstanding circulation, viz:-First National Carondolet, New Orleans, $25,500; First National Columbia, New Orleans, $11,990-making a total of $832,490 reverting to the government, upon the return and destruction of which an equal amount of circulation will be at the disposal of the Comptroller of the Currency for distribution. The Sub-Treasurer in this city reports:Total receipts $1,465,816 Total payments. $1,563,316 For customs. 229,000 Balance 134,015,419 495,000 For gold notes The Chicago Clearing House statements of the past two weeks compare as follows:Balances. Clearings. $11,540,292 Week ending June 8 $1,002,558 9,207,614 Week previous 992,819 The following is a statement of the value of the imports entered at the port of Boston during the month of May:Value. Species of Goods, Wares and Merchandise. Imports-Dutiable, entered tor consumption $1,411,579 2,544,749 Imports-Dutiable, warehoused $3,956,328 Total paying duty Free 289,188 Total imports $4,245,516 Merchandise withdrawn from warehouse for $1,727,877 consumption The earnings of the undermentioned railroads during May of this and last year compare as follows:1867. 1866. $329,078 $316,432 Toledo, Wabash and Western 365,196 333,952 Michigan Central Cleveland and Toledo 210,783 180,675 51,710 55,133 Virginia and Tennessee Atlantic and Great Western 451,447 459,370 A St. Louis journal says:or the notes of the old "Bank of the State of Missouri, " which went out existence in 1857, and whose currency was barred in 1860, there 18 still afloat about $60,000 worth. The now existing Bank of the State of Missouri, lately organized as the "National Bank of the State of Missouri" agree to redeem this issue together with all of their own afloat, now amounting to about $50,000. The receiver of the Cataract City Bank of Paterson, N. J., notifies holders of the notes of that bank that all such notes must be presented for redemption to the Treasurer of the State of New Jersey, at Trenton, on or before November 30, 1867, and that holders and owners thereof who fail to present the same will be barred from all right to have the notes redeemed.

2. April 16, 1868 New-York Tribune New York, NY
Article from New-York Tribune, April 16, 1868

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Article Text

the enorus full the orchestra. Mr. Brookly Otto Fox presided at the organ, and Mr. Leonard W. Bacon officiated as conductor. Miss Thursby and Mr. Simpson were warmly applauded, and especially the chorus, " The heavens are telling." In the Kings County Circuit Court, yesterday, an action was brought by George B. Steinbeck against the Lafayette Fire Insurance Company of NewYork, for damages amounting to $4,500. Plaintiff is a jobber of fancy goods in Maiden-lane, New-York, and was insured in the company to the above amount. The store was, some time ago, destroyed by fire, and defendants refused to pay the insurance, on the ground that the keeping of fireworks on the premises was a violation of the policy. They admitted that the policy allowed plaintiff to sell fire-erackers, but claimed that it did dot give him the privilege of keeping any other kind of fireworks in the building. A verdict for the full amount claimed was rendered in favor of the plaintiff. PATCHOGUE, L. I.-The store of William & John E. Roe, in the village of Patchogue, was entered by thieves on Monday night, and robbed of goods to the amount of several hundred dollars. No clue to the thieves has yet been ascertained. NEW-ROCHELLE-The Treasurer of the village reports an amount in bank of $5,679 26 On the 21st inst. the regular annual election of town officers will be held, when three Trustees and Treasurer will be apThe election for School Officers at Nowpointed Rochelle was held in the Town Hall on Monday. Messrs. Wheeler, Kissam, and Humphrey were elected Trustees; T. ;Davis, Treasurer; and John Kaufman Collector. The report for the past year shows that 411 white and 29 colored children were admitted. $5,000 was agreed to be raised for the expenses of the school during the coming year. WEST FARMS. - The large Democratic meeting at Crolly's Porter House (not hotel) on Monday at which so much jubilation was expressed, consisted of Mr. Scott R. Sherwood and 12 others At the school election, politics was ignored and Mr. W. Somerfield, Democrat, received 398 votes, having no competitor. Mr. John Berrian, Republican, was also elected, receiving 289 votes, while Mr. John Savage, Democrat, received only 117. PORT CHESTER. - The following-named persons were installed officers of Nil Desperandum Division No. 213, S. of T.: C. Frederick, W. P.; E. Sours, W. A.; D. S. Zetts, Chap.; F. Wisdom, Treas.; Wm. Slater, F. Q.; E. Wisdom, R. L.; G. W. Tyler, Con.; R. Patterson, Asst. Con.; J. Horton, I. R.; G. McDougald, O.S. W. O. Jerman, D. G. W. P., and Clarence Beebe, D. G. Con. THE HARBOR.-Among the passengers by the Australasian, yesterday, for Liverpool, were Col. Campbell of Montreal, and the Hon. George Brown of Toronto. By the Santiago de Cuba, for California, Lieut. Com. O. F. Davenport, U. S. N.; E. Z. C. Judson (Ned Buntline), and the Rev. M. Herring On the 13th inst. off the Highlands, Henry Slatter, a seaman of New York, aged 23 years, fell overboard from the deck of the brig Lima, and was drowned. NEWARK.-The second meeting of the New. Jersey Base Ball Association was held in the rooms of the Eureka Club of this city, yesterday afternoon. A large number of Clubs were represented. The Committee on Constitution presented a report for the government of the Association, which was adopted. The Standing Committees created by the Constitution were appointed by the Chair, after which the Association adjourned to meet at New-Brunswick on the second Wednesday in November, 1 o'clock p. m A German woman, Barbaretta Kindsfather by name, while picking coal from the track of the Morris and Essex Railroad, at the Nesbitt-st. crossing, was run over and horribly mangled by a train yesterday morning. She was living last evening. but fears are entertained that she cannot recover A daughter of Mr. John Bengert, while returning to her home in Hamburg-place on Tuesday night, fell into a sewer excavation and was severely injured A laborer, Francis O'Brien by name, while engaged at work in a sewer in Jackson-st., was badly injured on Tuesday afternoon by a runaway horse falling upon him Henry Roll, who was recently arrested for having eloped with a Gaughter of Mr. John Engelhorn of this city, has been bailed in the sum of $1,000 to await the action of the next Grand Jury. Roll is a resident of Fifty-second-st., NewYork Ralph Tucker. a blacksmith, residing in Springfield-aye.. was arrested last evening for beating his wife. ELIZABETH, N. J.-The New- York Herald's great story on Sunday of a canal boatman having been attacked by three rufilans and robbed, turns out to be that the boatmas had been on a drunken frolic, and falling. injured his jaw quite severely The Union County Grand Jury have been d'scharged, after finding 30 true bills of indictment, the majority of which are for larceny and selling liquor on Sundays. PATERSON.-The base-ball clubs are organizing for the season. The Mystic Club has elected its officers, and begins this week John Brown, jr., was killed yesterday by a boiler falling upon him in Grant's Locomotive Works. The Paterson Cricket Club elected R.S. Hayes, President The returns from Bergen County show a gain in the Republican strength Little Falls, the new township, goes Republican by a large majority. The case of Philip Rafferty, receiver of the Cararact City Bank, agt. the Bank of Jersey City, is on trial in the Supreme Circuit Court. NEWTON. N. J.-Patrick Donahue, who was recently arrested for having murdereda miner, John Keenan by name. 17 years of age, had an examination recently, and was discharged from custody. It is alleged by the persons causing the arrest that they have