14906. National City Bank (Brooklyn, NY)

Bank Information

Episode Type
Run Only
Bank Type
national
Bank ID
1543
Charter Number
1543
Start Date
March 30, 1931
Location
Brooklyn, New York (40.660, -73.951)

Metadata

Model
gpt-5-mini
Short Digest
05d3fd79

Response Measures

None

Description

Newspaper reports describe a period of heavy withdrawals at a Brooklyn branch (March 30, 1931) and an allegedly false remark that there was a lot of excitement. No suspension or closure is mentioned. The slander charge arising from the remark was dismissed.

Events (3)

1. August 29, 1865 Chartered
Source
historical_nic
2. August 26, 1919 Voluntary Liquidation
Source
historical_nic
3. March 30, 1931 Run
Cause
Rumor Or Misinformation
Cause Details
An individual's false remark that there was 'a lot of excitement' at a Brooklyn branch during heavy withdrawals, reported to be untrue and alleged to be calculated to cause a run.
Random Run
Yes
Random Run Snippet
a lot of excitement false remark reported; no such condition existed
Newspaper Excerpt
on March 30 last, during a period of heavy withdrawals at a borough banking institution, Abelson made the remark that there was a lot of excitement at a branch of the National City bank near by, whereas no such condition existed.
Source
newspapers

Newspaper Articles (4)

Article from Le Meschacébé, April 12, 1919

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Article Text

THE LIMELIGHT IS NICHOLAS ROMANOFF ALIVE? Is Nicholas Romanoff, former Russian'czar, alive or dead? Bernard Naumberg, a New York lawyer, has been named by Supreme Court Justice Benedict in Brooklyn as a committee of one to find out. The Marine Transportation Service corporation early in the war transported a large quantity of sugar to Russia on the then czar's order. Before collection was made Nicholas was deposed and, according to generally accepted reports, slain. Mr. Naumberg learned that the czar had $1,000,000 on deposit in the National City bank. He obtained a court judgment for $117,450. but upon presenting it to the bank was informed the bank could not pay out any of the fund unless Nicholas either was served with notice or proved dead. He then applied for appointment of a receiver for the fund. Justice Benedict denied the application, telling Mr. Naumberg it would be necessary first to serve Nicholas with notice or, after proving him dead, serve notice upon his next of children his in not if


Article from The Benson Signal, April 12, 1919

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Article Text

IS NICHOLAS ROMANOFF ALIVE? Is Nicholas Romanoff, former Russian czar, alive or dead? Bernard Naumberg, a New York lawyer, has been named by Supreme Court Justice Benedict in Brooklyn as a committee of one to find out. The Marine Transportation Service corporation early in the war transported a large quantity of sugar to Russia on the then czar's order. Before collection was made Nicholas was deposed and, according to generally accepted reports, slain. Mr. Naumberg learned that the czar had $1,000,000 on deposit in the National City bank. He obtained a court judgment for $117,450, but upon presenting it to the bank was informed the bank could not pay out any of the fund unless Nicholas either was served with notice or proved dead. He then applied for appointment of a receiver for the fund. Justice Benedict denied the application, telling Mr. Naumberg it would he necessary first to serve


Article from Daily News, April 9, 1931

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Article Text

Bank Slander Charge Dismissed Dismissal of a charge of violating Section 303 of the penal code, which lists as a misdemeanor the circulating of a report calculated to cause a run on a bank or otherwise disturb public confidence in a banking institution, was ordered yesterday in Coney Island court at a hearing on a complaint against Louis Abelson of 2467 64th st., Brooklyn. It had been asserted that on March 30 last, during a period of heavy withdrawals at a borough banking institution, Abelson made the remark that there was "a lot of excitement" at a branch of the National City bank near by, whereas no such condition existed. The man who made the charge, Rudolph Richter of 1335 West 7th st., Brooklyn, failed to press the complaint yesterday.


Article from Daily News, April 9, 1931

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Article Text

Bank Slander Charge Dismissed Dismissal of a charge of violatIng Section 303 of the penal code, which lists as a misdemeanor the circulating of a report calculated to cause a run on a bank or otherwise disturb public confidence in a banking institution, was ordered yesterday in Coney Island court at a hearing on a complaint against Louis Abelson of 2467 64th st., Brooklyn. It had been asserted that on March 30 last, during a period of heavy withdrawals at a borough banking institution, Abelson made the remark that there was "a lot of excitement" at a branch of the National City bank near by, whereas no such condition existed. The man who made the charge, Rudolph Richter of 1335 West 7th st., Brooklyn, failed to press the complaint yesterday.