United States Exchange Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 29, 1910
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: e9171c536d97c988

Response Measures

None

Description

Article (New-York Tribune, 1910-10-29) states the United States Exchange Bank, formerly of West 125th Street, is now in liquidation. No run or prior suspension is described in the provided text; the bank is clearly closed and in liquidation/receivership. I did not infer a prior suspension or run because the article gives no evidence of either.

Events (1)

1. October 29, 1910 Receivership

Newspaper Excerpt: The United States Exchange Bank, formerly of West 125th street but now in liquidation, is the only creditor.
Source: newspapers

Newspaper Articles (1)

1. October 29, 1910 New-York Tribune New York, NY

Article from New-York Tribune, October 29, 1910

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Article Text

BUSINESS TROUBLES. The following petitions in bankruptcy were filed in the United States District Court yesterday: Adolph Muller, No. 240 East 204th street, voluntary; liabilities, $1,185; no assets. There are only two creditors-William Wirtz & Co., $263, and Anthony Schenkelberg, $921. Julius Johnson, No. 3810 Broadway, voluntary: liabilities, $3,012; no assets. The United States Exchange Bank, formerly of West 125th street but now in liquidation, is the only creditor. -Louis N. Adler, No. 105 East 116th street, voluntary; liabilities, $117,987. of which $106,000 are secured claims, $11,087 unsecured Claims and $900 accommodation paper; no assets. Lincoln Sivins. trading as Lincoln Sivins & Co., manufacturers of ladies' waists and costumes. No. 78 Fifth avenue, involuntary. by the following creditors: S. J. Billig, $842; Austin McNeal, $200, and A. V. Happ. $150. The liabilities are said to be about $20,000. Judge Holt has appointed Leonard Bronner receiver and fixed his bond at $5,000. Simon Sovensky and Samuel Arnowitz, trading under the firm style* of S. Sovensky & Co., manufacturers of cloaks and Nults at No. 63 East 8th street, involuntary, by the following creditors: P. Kaplan. $250; the Star Thread Company, $259. and Arthur Abraham, $6. Judge Holt has appoint 4 Francis H. Griffin receiver and fixed his bond at $2,500. The Perfection Waist Company, No. 78 West Houston street, has filed schedules in bankruptcy, with liabilities of $10,998. of which $10,607 are unsecured claims, and no assets. Louis Knerll, dealer in furs. No. 47 East 12th street. has filed schedules in bankruptey, with liabilities of $51,450. of which $13,413 are secured claims and $27,837 unsecured claims and $10,200 notes and bills, and assets of $28,396. Judge Holt has appointed Walter Cook. Jr., receiver for Adam A. Moskiewitz, formerly a druggist at No. 423 Grand street and No. 1390 Third avenue, and fixed his bond at $500.