14798. Atlantic Bank (Brooklyn, NY)

Bank Information

Episode Type
Run Only
Bank Type
state
Start Date
January 24, 1846
Location
Brooklyn, New York (40.660, -73.951)

Metadata

Model
gpt-5-mini
Short Digest
2c8dda9e

Response Measures

Accommodated withdrawals

Description

Newspaper articles (Jan 25 and Jan 27, 1846) report a crowd/run on the Atlantic Bank of Brooklyn triggered by a false rumor/practical joke that the bank had stopped payment. The bank paid all demands promptly and remained open; no suspension or receivership is reported.

Events (1)

1. January 24, 1846 Run
Cause
Rumor Or Misinformation
Cause Details
A practical joke/false rumor circulated (near Brooklyn Ferry/Navy Yard) that the Atlantic Bank had stopped payment, which prompted heavy withdrawals.
Random Run
Yes
Random Run Snippet
practical joke falsely circulated that bank had stopped payment
Measures
Prompt and immediate payment of all demands to meet withdrawal pressure.
Newspaper Excerpt
there was very considerable excitement yesterday . . . rumor falsely circulated by some foolish persons that the Atlantic Bank had stopped payment. The consequence was a crowded run upon the institution, which, of course, was met by prompt and immediate payment of all demands.
Source
newspapers

Newspaper Articles (2)

Article from The New York Herald, January 25, 1846

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Article Text

Brooklyn Intelligence. SLEIGH RIDING AND ITS CONSEQUENCES-The Jingling of sleigh bells is undoubtedly pleasant and agreeable enough to all whose ears have become attuned to that particular description of music; but how few there are who indulge in the amusement, of which this tinkling forms an important adjunct, who take into consideration the dangers connected with it Many a young, happy, and merry creature-even among those who have been most prominent in the jound festivities. songs, and dances incident to a sleigh ride-will, we fear, ere long, realize the consequences in colds, coughs, consumption, and death. In the City of Brooklyn, and the county of Kings generally-to say nothing of other towns and counties in the great "state" of Long Island-people appear to have become literally crazy for excur sions" since the great fall of snow which-luckily for omnibus proprietors, livery stable keepers, and cab men -has lately taken place. In addition to the lamentable evils which we have already pointed out, as almost certain to result from this visitation, we regret to learn that many accidents have occurred of a deplorable and calamitous nature. Yesterday afternoon, a fine little lad aged about ten years, named Thomas Edwards, son of Mr. Edwards, of No. 255 Gold street, was run over by one of Hardy's East Brooklyn passenger sleighs, and was so dreadfully injured that he died in a few minutes after the casualty, his spine being entirely covered. There were several ladies in the vehicle at the time of this truly unfortunate and melancholy occurrence, who, of course. were great ly alarmed and distressed at the event. The Coroner will hold an inquest upon the body of the poor boy today, until which time we have no means of ascertaining, with strict accuracy, whether or not the driver was to blame. It is proper to add, that the unfortunate youth received the most prompt and humane attention from Dr. Smith, into whose office he was taken, and from several other medical gentlemen who were summoned to his aid. We understood that the deceased was, at the time of the accident, with so r.e playmates who had for several hours been running after sleighs, and jumping on behind," even long subsequent to their being forewarned of peril. The fatal result, it is to be hoped, will serve as a salutary warning to other boys who are disposed to be similarly mischievous. Last evening a Mr. Elisha Ketchum, a mason, son of Ira Mason, a well known and respectable trader, for many years connected with the Fulton Market in New York, was severely injured whilst sleigh riding, by running in contact with a heavy wagon, opposite the store of Messrs. Sutton & Weeks in Fulton street. He was taken into the store of Alderman Campbell, whence he was removed to his house, No. 214 Pearl street. It is stated that his wounds are of such a nature that he cannot possibly snrvive. Two valuable horses were killed yesterday in Fulton street, in consequence of running against the pointed shalts of sleighs with which they came into collision. THE ATLANTIC BANK.-There was very considerable excitement yesterday amongst sorts and conditions of men, on account of a rumor falsely circulated by some foolish persons that the Atlantic Bank had stopped payment. The consequence was a crowded un" upon the institution, which, of course, was met by prompt and immediate payment of all demands. We have every reaSON to believe that the whole affair originated in a practical joke, culpably perpetrated by some indolent and thoughtless person near the Brooklyn Ferry. ALLEGED FATAL ACCIDENT.-We were, last evening informed that one of the men engaged in excavating ground in Sackett street, was yesterday afternoon killed by the falling upon him of an embankment. We shall know all the particulars to-day. RELIGIOUS MATTERS.-AtSt. John's Church, this evening, a discourse will be delivered by the Reverend Mr. Southard, on behalf of seamen and at St. James's Church, Jay street, a sermon will be preached by the Reverend Mr. Kein, of New York, for the benefit of the orphans of St. Paul's Church.


Article from The New York Herald, January 27, 1846

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Article Text

Brooklyn Intelligence. COMMON COUNOIL. Although the City of Brooklyn has not- and will not tolerate or support- theatre circus within its limits wherein farces might be legi timately enacted and buffoonery exhibited con amore, may boast of a weekly gathering of civic functionaries who can, and do, play more amusing antica than any censed establishment in the United States. or any other country, can exhibit, even with their best clowns and most popular low comedians Not so much from inclination. as from duties imperatively incumbent upon us we visit the periodical entertainments of this body and last evening were under the disagreeable necessity of remaining spectator and auditor until half past elever o'clock The closing business was the election. by ballot, of twelve chance watchmen, during which some choice specimens of aldermanic wit, decency and classical taste were manifested votes were given for Madame Jumal Mr. Blow-my-nose-off, Mr Ring-my.nose-off, and other undoubtedly capable and respectable individuals Several of the func tionaries voted for each other for the discinguished honor of becoming guardians of the night and the performances wound up by the appointment of Peter Donolly Harrison Miller, Isaac Howell, Amos Walker, Nelson Baldwin, Abraham Stimers Joshua Corwin, P. McCann, George A Stevens, John McKelvy, Thomas Armstrong, and Thomas Golding After the reading and approval of the minutes taken at the last regular meeting of the Board. petitions were presented from the following mentioned persons John Rolfe, for conveyance of property sold for non-pay ment of taxes Thomas Collins, in relation to a contract made by him for clearing streets in the third district John B. Thursby, and others, for the opening of Flush ing Avenue, from Bedford Avenue to Division Avenue Patrick O'Brien, for a discharge certificate as firemen Phillip McLaughin, for apportionment of taxes Samue Green, to have money paid by bim for opening Prospect Square, refunded ; G. W Patchen, in relation to assess ments on Hicks street, between Atlantic and Amity streets and from H. D. Clark, for apportionment of taxes. Remonstrances were read from Robert Russell against the opening of Debevoise street from William Bard end others against the assessment for grading and paving Willow street, between Atlantic and Amity streets and from Albert W Hendrickson against the assessment for paving and grading Water street Bills were sent in from John Bird, $12, for police ser vices from Robert Craig $2, for charcoal of Jane Crosby, $1,75, for clearing cells from N Gove $4,50 for wagon hire from King and McLaughlin and How ell and Moore, small claims for removing snow from public cisterns from Augustus H Sidell $24,25 for ta king acknowledgments from T. Reynolds, $7 25, for removing snow from side walks from Thomas 8. De nyke, $11,63, for flagging side walks in Jay street from Thomas Stewart, $15.50, for police services from T. Reynolds, $57,14, for like services from Da vid Muchmore $10,50, for wood from T S Denyke $4,50, for work done to -house from the same $245, for work done to engine house, No. 13 and from David M Muchmore, $66, for wood furnished to watch house. The several bonds of James Walters, John Higbee Daniel J. Lucas, and Henry Harteau, collectors of the 4th, 5th, and 7th wards, were referred to the Law Committee, with power to approve the same Communications were received from Peter Streeper tendering his resignation as public pound master from his Honor the Mayor of Baltimore, accompanied with elegantly bound copies of the charter and ordinances of that city from James Van Dyke, Jr., on a subject of very trifing public importance from assessors, with lists for Sackett street lamp posts and lamps, between Court and Smith streets from the same, with lists for regulating and paving Willow street, regulating and paving Water street. (between Bridge and Gold.) and unpaid lists for regulating and paving Livingston street aud eighteenth street and from J Van Duyne police officer, inspector of wells and pumps, inspector of lamps, &c. in rela ion to well and pumplin Hoytstreet Reports were read from the Counsellor of the Board favorable to the application of W.D. L. Cowan and Hanford for the conveyances of property purchased by them at assessment sales from Committee on Public Lands and Buildings advising the settlement of bills presented by F. Glover and J. McFarlan from Special Committee on Montague Park asking to be discharged from the consideration of the important question submit ted to them from the Lamp Committee in favor of pay ing the bill of Joshua Parker from the Mayor and Law Committee adverse to the petition of Mr. Rikeman to be released from fine for selling meat without license and from Alderman Bokee, ami nority report on the subject of public Night Schools pregnant with keen and cutting satire upon the state ment made by the majority, as published in the Herald on Tuesday last. After the passage of various unim portant resolutions, the Board adjourned to meet in special session to-morrow evening, for the purpose of proceeding with the contemplated revision of the city char ter. THE ATLANTIC BANK In Sunday's Herald, we men tioned that a heavy run had been made on the Atlantic Bank of Brooklyn, in consequence of some absurd sto ries that were circulated among workmen in the Navy Yard, by a few mischievous and unprincipled individu als, whose object was undoubtedly to benefit them selves by the credulity of those whom they imposed upon. Yesterday, the excitement had nearly if not wholly subsided and it is to be hoped that no one will again be gulled by the specious fabrications of a parcel of irresponsible and reckless fellows against an institution which has not its superior on this continent THE HARMONEONS. These excellent musicians, and entertaining vocalists, had a very large and fashionable audience at their concert last evening notwithstanding the unfavorable state of the weather and the attraction presented by a ball given at the Gethic Hall by the Light Guard Company of Brooklyn. So far regards the t-mentioned affair however, it was, as we learn. wretched failure, especially so as compared with the grand Masonic Ball which took place on Thursday night last, and other like popular assemblies, which we have heretofore, perhaps, too briefly noticed. We understand that the Harmoneons will give another concert at the same place to-morrow night Police Intelligence JAN 26 Petit Larcenies Henry Hill and John Ad. a ams Carroll, two boys whom we noticed the arrest of few days since are both oul' on the following larce nies, through the ingenuity of officer Norris Silk purses and ivory combs, valued at $24 50, L H Abbey No. 21 Cedar street; one new pair of boots. worth $4. from W. Wright, corner of Greenwich and Murray streets; 10 silk purses, worth $5, from the store of Wm J Coffee No. 132 Maiden lane a lot of needles, combs, buttons &c., valued at $2 50, from Isaac o. Hinsdale, No. 168 Pearl street. Also. a lot of penknives, valued at $10 50 from Silon & Co. fancy hardware merchants, No. 231 Pearl st. All these goods were got on the lift. that they went into the stores under pretence of buying and slipped the articles into their pockets. Both fully com mitted for trial Stage Driver Locked Up.-As Mr. Thomas W Mar shall was riding down in one of Slocum & Co. stages, No 40, 23d street and Broadway the driver, Washing ton F Secor, was flourishing his whip about very care lessly and the lash struck Mr. Marshall across both eyes He then stopped the stage to get out, and smarting under the lash, he told the driver he was a great mind not to pay him: upon this the driver gave him some lip, and held the door fast by the strap. The moment Mr Marshall found he was a prisoner, he out with his penknife and cut the strap. opened the door and jumped from the stage on to the sidewalk the driver prang from his box, seized Mr. Marshall by the collar, and demanded the pay for the strap However, Mr. Marshall being spunky little man, would not submit it not being the first whipping match he's encountered in Broadway Therefore the aid of a policeman was called in, and the driver taken to the Tombs, when Justice Osborne took Mr. Marshall's complaint against the driver for an as sault, and held him to bail in $300 to answer Attempt to Commit a Rope.-Lawrence Costigan was arrested, yesterday charged with an attempt to violate the person of a married woman. by the name of Rosan