Article Text
The P ople's Bank at Patterson N. J, has been run upon for specie for several days, but the demand was promptly met. It is said to be the soundest Institution in the State.
14256. People's Bank (Paterson, NJ)
Bank Information
- Episode Type
- Run Only
- Bank Type
- state
- Start Date
- April 18, 1837
- Location
- Paterson, New Jersey (40.917, -74.172)
Metadata
- Model
- gpt-5-mini
- Short Digest
a288ff51
Response Measures
Accommodated withdrawals
Description
Article (1837-04-18) reports a multi-day demand for specie on People's Bank at Patterson/Paterson NJ; spelling 'Patterson' in paper corrected to Paterson. Withdrawals were met promptly; no suspension or closure mentioned.
Events (1)
1.
April 18, 1837
Run
- Cause Details
- Article does not give a trigger or reason for the withdrawals; only notes heavy specie demand.
- Measures
- Demand for specie was promptly met by the bank.
- Newspaper Excerpt
- The People's Bank at Patterson N. J, has been run upon for specie for several days, but the demand was promptly met.
- Source
- newspapers
Newspaper Articles (1)
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