14712. First National Bank (Albany, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
267
Charter Number
267
Start Date
August 21, 1884
Location
Albany, New York (42.653, -73.756)

Metadata

Model
gpt-5-mini
Short Digest
c227cef6

Response Measures

None

Description

Contemporary articles report the First National Bank of Albany, N.Y., suspended on August 21, 1884 after the mysterious disappearance of its president A. S. Warner; coverage describes suspected misappropriation/embezzlement and possible criminality. No article describes a depositor run or a later reopening, so classified as suspension leading to closure.

Events (1)

1. August 21, 1884 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Mysterious disappearance of president A. S. Warner; reporting suggests violated trusts, possible embezzlement or criminal misconduct leading directors to suspend business.
Newspaper Excerpt
THE First National Bank, of Albid Y., suspended' on the 21st, in conseq of the mysterious disappearance President A.S. Warner.
Source
newspapers

Newspaper Articles (3)

Article from The Red Cloud Chief, August 29, 1884

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Article Text

MISCELLANEOUS. JUDGE BARTLETT, of New York, granted an attachment against the property of John P. Dickinson, defaulting cashier of the Wall Street Bank, in a suit by the bank for the recovery of $150,000. THE Breeders' Gazette, of Chicago, maintains that pleuro-pneumonia has obtained a lodgment among the cattle in Illinois. GRAHAM, LODGE & Co., wholesale white goeds, of Philadelphia, failed recently. Liabilities unknown. THE Michigan forest fires have run to the great crossway connecting East Tawas with Wilbur. Mr. Offman's house and one or two others were burned. Farmers were burying their household goods and leaving. The fire was running rapidly before a southwest gale. E. L. MINGER, JR., wholesale canned goods, Philadelphia, was reported embarrassed by the failure of Warner & Merritt. THE steamer Menasha was burned recently on Lake Winnebago. CLEMENT R. MARKHAM, the English Aretic explorer, in a recent letter warmly defended Greely. He was very severe on the American press for making public the stories of cannibalism, saying that decency demanded silence. FLAMES swept away the other day a block of business structures at Roseburg, Oregon, valued at $100,000, and forty two buildings at Pomeroy, Ohio, worth $50,000. POSTMASTER FAWCETT, of England, has informed the various steamship companies that the present arrangements for carrying mails to New York will be continued another year. JUDGE HOFFMAN, of San Francisco, has rendered his decision in the habeas corpus case of Shang Ton, who left the State two months after the Chinese restriction act of May 6, 1882, went into effect and failed to obtain a return certificate. The court holds that he cannot re-enter this country. A SALVATION Army riot occurred at Worthington, England, the other day, which was quelled with much trouble. THE south-bound train on the International & Great Northern Railroad was fired on by a crowd of ruffians near Rodriquez, Tex., the other night. PAUL POPULORUM, an extensive tanner of Chicago, has suspended payment. His debts were $200,000, and he was liable for $100,000 more as an indorser. His assets were estimated at $172,000. THE secret service division is in possession of a new counterfeit ten dollar note on the Third National Bank of Cincinnati. It is series B. I., with chocolate colored back, vignette on the face. The note has a coarse, scratchy appearance, not very well executed. So great have been the ravages of locusts in the central portion of Spain that the damage to the crops was estimated at $10,000,000. DR. NAGLE. Register of the New York Bureau of Vital Statistics, has received from the Navy Department a certified copy of Lieutenant Greely's report on the execution of Private Henry. Onthe authority of this report the record in the bureau has been changed to read instead of "starvation," "shot by order of Lieutenant Greely." MRS. LINSLEY was arrested at South Haven, Mich., charged with causin death of a little girl two years ol child did not readily respond to SOL the woman wished it to say, whereup jammed it in a tub of water. AGENT DYER has informed the Bureau that the Cheyennes and Ara abuse boys who have returned frd school at Carlisle, Pa., not wishing people to be educated. THE Government launch Dafne Memphis, exploded her boiler the morning, killing Paymaster N. who was blown overboard, and se scalding Engineer A. Graham, Pilo Ryan, Deckhand Peter Walsh, and boy who was on the launch. A LARGE and enthusiastic meeting producers recently held at Oil City unanimously resolved to stop the drij til January 1, 1886. This will control production to a great extent, as eighths of the producing wells and able territory is in the hands of n° of the association. CORNWALL, ex-Secretary of the Du Post-office, was acquitted of the scand charges brought by the editor United Ireland. THE First National Bank, of Albid Y., suspended' on the 21st, in conseq of the mysterious disappearance President A.S. Warner. Warner was's


Article from Watertown Republican, September 3, 1884

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Article Text

ANOTHER bank president has gone wrong and off. The directors of the First National Bank of Albany, N. Y., have been forced to suspend business, owing to the continued absence of the president, Albert S. Warner. The deposits aggregate $154,000.,Circumstances point strongly to sacred trusts violated, a bank scuttle and even the poisoning of a creditor.


Article from Burlington Weekly Free Press, January 9, 1885

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Article Text

the cholera panic in Toulon, I July 8, the Democratic Nations vention assembled at Chicago, ano inated Grover Cleveland for Preside Thomas A. Hendricks for Vice-Pre On August Jay-Eye-Seetrotted a 2:10 the fastest time then ever ma on August 2, Maud S. beat his rec one-fourth of a second. August 6,t ner-stone of the Bartholdi Statue erty was laid on Bedloe's island. ( gust 10, occurred the earthquake which was felt throughout the eastern part of the United States. 2 20, the First National bank of Alb Y., suspended, and its president Warner, disappeared. August : French captured Foo-Chow. Aug the British Association for the Ad ment of Science convened at Mo September 2, occurred the Vermon election. September 9, Miss \ Morosini eloped with her father's man, at Yonkers. Terrible rava cholera in France, Italy and Spa tinued throughout September. TI perors of Russia, Austria and Ge met at Skierniwice, Poland, Septen October 11, occurred the dynamite sions in Quebec. October 24, cele of the centenary anniversary of Sir Montifiore. November 4, occurred 1 tional election : Grover Clevelar Thomas A. Hendricks elected Pr and Vice-President. November 11, S. beats her best record by half a The Catholic plenary council assem Baltimore. November 16, the Con ference at Berlin opened. Decer Congress assembled. December franchise bill was passed by the I lords. December 6, the capstor placed on the Washington mou December 10, Methodist centenary ence at Baltimore. December 13, oc the attempt to blow up London with dynamite. December 20, beg extreme cold: mercury 200 to 40° zero in New York and New Englan December 23, the steamer Oregor pleted a trip from New York to (, town. occupying only six days, six aud fifty two minutes.