14422. Sherman Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 5, 1903
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
487ce3df308f9d6b

Response Measures

None

Description

Multiple legal notices (January 1903) show a receiver (Jacob D. Butler) for Sherman Bank and an order of the NY Supreme Court (dated 1903-01-05) directing dissolution and sale of assets. No articles mention a depositor run or temporary suspension followed by reopening. This indicates a court-ordered closure/receivership.

Events (3)
1. January 5, 1903 Suspension
Cause
Government Action
Cause Details
Order of the New York Supreme Court (dated 1903-01-05) leading to appointment of a receiver and dissolution proceedings
Newspaper Excerpt
in pursuance of an order of the Supreme Court, bearing date the 5th day of January, 1903, the undersigned, as Receiver of the Sherman Bank...
Source
newspapers
2. January 14, 1903 Receivership
Newspaper Excerpt
Dated New York, January 14th, 1903. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver.
Source
newspapers
3. February 5, 1903 Other
Newspaper Excerpt
will sell at public auction ... on the 5th day of February, 1903, at 12:30 o'clock on that day ... all the right, title and interest ... of said defendant Sherman Bank remaining in his hands: an itemized list ... open for inspection ... at the office of the Auctioneers.
Source
newspapers

Newspaper Articles (6)
1. January 15, 1903 New-York Tribune New York, NY
Article from New-York Tribune, January 15, 1903

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Article Text

Notice of Dissolution. UPREME COURT OF THE STATE OF New York. County of New York.-The People of the State of New York, Plaintiff, against Sherman Bank, Defendant. Notice is hereby given that in pursuance of an order of the Supreme Court, bearing date the 5th day of January, 1903. the undersigned, as Receiver of the Sherman Bank, will sell at public auction, at the New York Real Estate Salesroom, Number 111 Broadway, in the Borough of Manhattan. in the City of New York, on the 5th day of February, 1903, at 12:30 o'clock on that day. by L. J. Phillips & Co., Auctioneers, without recourse for any cause whatever, all the right. title and interest of the undersigned, in and to any and all judgments recovered by said Bank. prior to its dissolution, and also all promissory notes or other instruments, which may remain uncollected, and also all stocks or other securities, and also any and all the other assets, properties and effects of said defendant Sherman Bank remaining in his hands: an itemized list of which will be open for inspection and examination by any person interested at the office of the Auctioneers. No. 158 Broadway. Borough of Manhattan, City of New York, on and after the 14th day of January, 1903 Dated New York, January 14th. 1903. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver.

2. January 20, 1903 New-York Tribune New York, NY
Article from New-York Tribune, January 20, 1903

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Article Text

Notice of Dissolution. UPREME COURT OF THE STATE OF New York. County of New York.-The People of the State of New York. Plaintiff. against Sherman Bank, De. fendant. Notice is hereby given that in pursuance of an order of the Supreme Court, bearing date the 5th day of January, 1903, the undersigned. as Receiver of the Sherman Bank, will seli at public auction, at the New York Real Estate Salesroom, Number 111 Broadway. in the Borough of Manhattan. in the City of New York. on the 5th day of February. 1903. at 12:30 o'elock on that day. by L. J. Phillips & Co., Auctioneers, without recourse for any cause whatever. all the right. title and interest of the undersigned, in and to any and all Judgments recovered by said Bank. prior to its dissolution. and also all promissory notes or other instruments, which may remain uncollected, and also all stocks or other securities. and also any and all the other assets. properties and effects of said defendant Sherman Bank remaining In his hands: an itemized list of which will be open for inspection and examination by any person interested at the office of the Auc. tioneers. No. 158 Broadway. Borough of Manhattan. City of New York. on and after the 14th day of January, 1903. Dated New York, January 14th. 1902. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver.

3. January 22, 1903 New-York Tribune New York, NY
Article from New-York Tribune, January 22, 1903

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Article Text

BERMUDA. BERMUDA. THE IDEAL WINTER RESORT. THE PRINCESS HOTEL OPEN FROM DECEMBER TO MAY. Accommodates 200 guests. For terms, etc., address N. S. HOWE, Hamilton, Bermuda. Circulars. etc.. at F. H. Scofield's. 1 Madison-ave.. N. Y. Notice of Dissolution. SUPREME COURT OF THE STATE OF New York, County of New York.-The People of the State of New York, Plaintiff. against Sherman Bank, Defendant. Notice is hereby given that in pursuance of an order of the Supreme Court, bearing date the 5th day of January, 1903. the undersigned, as Receiver of the Sherman Bank, will sell at public auction, at the New York Real Estate Salesroom, Number 111 Broadway, in the Borough of Manhattan. in the City of New York, on the 5th day of February, 1903. at 12:30 o'clock on that day. by L. J. P1 & Co., Auctioneers, without recourse for any caus all the right, title and interest of the undersig to any and all judgments recovered by said to its dissolution, and also all promissory not. instruments, which may remain uncollected, all stocks or other securities, and also any and all the other assets, properties and effects of said defendant Sherman Bank remaining in his hands: an itemized list of which will be open for inspection and examination by any person interested at the office of the Auctioneers, No. 158 Broadway. Borough of Manhattan. City of New York, on and after the 14th day of January, 1903. Dated New York, January 14th, 1903. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver.

4. January 27, 1903 New-York Tribune New York, NY
Article from New-York Tribune, January 27, 1903

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Article Text

January 15. 1903. Notice of Dissolution. SUPREME COURT OF THE STATE OF New York. County of New York.-The - People of the State of New York, Plaintiff. against Sherman Bank. De fendant. Notice is hereby given that in pursuance of an order of the Supreme Court, bearing date the 5th day of January, 1903. the undersigned, as Receiver of the Sherman Bank, will sell at public auction, at the New York Real Estate Salesroom, Number 111 Broadway. in the Borough of Manhattan. in the City of New York, on the 5th day of February. 1903. at 12:30 o'clock on that day. by L. J. Phillips & Co., Auctioneers, without recourse for any cause whatever. all the right. title and interest of the undersigned, in and to any and all judgments recovered by said Bank. prior to its dissolution, and also all promissory notes or other instruments, which may remain uncollected, and also all stocks or other securities, and also any and all the other assets, properties and effects of said defendant Sherman Bank remaining in his hands: an Itemized list of which will be open for inspection and examination by any person Interested at the office of the Auctioneers, No. 158 Broadway. Borough of Manhattan, City of New York, on and after the 14th day of January, 1303. Dated New York, January 14th, 1903. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver.

5. January 29, 1903 New-York Tribune New York, NY
Article from New-York Tribune, January 29, 1903

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Article Text

Notice of Dissolution. SUPREME COURT OF THE STATE OF New York. County of New York.- The People of the State of New York, Plaintiff, against Sherman Bank, De. fendant. Notice is hereby given that in pursuance of an order of the Supreme Court, bearing date the 5th day of January, 1903. the undersigned, as Receiver of the Sherman Bank, will sell at public auction, at the New York Real Estate Salesroom, Number 111 Broadway, in the Borough of Manhattan, in the City of New York, on the 5th day of February, 1903. at 12:30 o'clock on that day. by L. J. Phillips & Co., Auctioneers, without recourse for any cause whatever, all the right title and interest of the undersigned, in and to any and all judgments recovered by said Bank, prior to Its dissolution, and also all promissory notes or other instruments, which may remain uncollected, and also all stocks or other securities, and also any and all the other assets, properties and effects of said defendant Sherman Bank remaining in his hands: an Itemized list of which will be open for inspection and examination by any person interested at the office of the Auctioneers, No. 158 Broadway. Borough of Manhattan, City of New York, on and after the 14th day of January, 1903. Dated New York, January 14th. 1903. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver. DVERTISEMENTS and subscriptions for The Tribune A received at their Uptown Office, NO. 1,364 BROADWAY.

6. February 3, 1903 New-York Tribune New York, NY
Article from New-York Tribune, February 3, 1903

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Article Text

CUNARD LINE. A.TO LIVERPOOL VIA QUEENSTOWN. Saxonta Feb. 7. 1 P. M. Etruria Feb. 28. a A. M Ivern'a Feb. 14. 7 A. M. Campania Mar 7. 11 A. M. Lucania Feb. 21 Noon Umbria Mar. 14. a A. M. VERNON H. BROWN & CO., Gen. Agents, 29 BROADWAY NEW YORK "LA VELOCE"-Italian Line. Navagazione Italiana a Vapore to Naples, Genoa. Feb 17 Feb 31Cltta di Napoli Nord America Large Cabins. Dining Sa.oon on promenade deck. BOLOGNESI. HARTFIELD & CO., 29 Wall St. Notice of Dissolution. SUPREME COURT OF THE STATE OF New York, County of New York. The People of the State of New York, Plaintiff, against Sherman Bank, Da. fendant. Notice is hereby given that in pursuance of an order of the Supreme Court, bearing date the 5th day of January 1903. the undersigned, as Receiver of the She man Bank, will sell at public auction, at the New York Real Estate Salesroom, Number 111 Broadway, in the Horough of Manhattan. in the City of New York, on the 5th day of February, 1963. at 12:30 o'clock on that day. by I. J. Phillips & Co., Auctioneers, without recourse for any cause whatever. all the right. title and interest of the undersigned. in and to any and all judgments recovered by said Bank. prior to its dissolution. and also all promissory notes or other instruments, which may remain uncollected, and also all stocks or other securities, and also any and all the other assets. properties and effects of said defendant Sherman Bank remaining in his hands: an Itemized list of which will be open for Inspection and examination by ans person interested at the office of the Auetioneers, No. 138 Broadway, Borough of Manhattan. City of New York, on and after the 14th day of January, 1908. Dated New York. January 14th, 1903. JACOB D. BUTLER, Receiver. SAMUEL W. WEISS, Attorney for Receiver.