14951. Bank of Commerce (Buffalo, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 24, 1899
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini
Short Digest
a059e61f

Response Measures

None

Description

Articles mention that receivers of the Bank of Commerce (Buffalo, N.Y.) had filed judgments and identify receivers Henry H. Parsons and John R. Hazell, indicating the bank was in receivership by Oct 1899 and still in receivership in mid-1900. No newspaper text describes a depositor run; the bank appears to have been closed and placed in receivership (permanent closure).

Events (3)

1. October 24, 1899 Receivership
Newspaper Excerpt
The receivers of the Bank of Commerce of Buffalo, N. Y., have filed a judgment in New York City against the Buffalo City Mills, of Dare county, N. C., for the sum of $4,392.
Source
newspapers
2. October 31, 1899 Other
Newspaper Excerpt
The statement made ... that the receiver of the Bank of Commerce of Buffalo, N. Y., had filed a judgment ... is not true, as no one has a judgment against these mills. We regret having been led into the error.
Source
newspapers
3. June 6, 1900 Receivership
Newspaper Excerpt
Henry H. Parsons and John R. Hazel, receivers of the Bank of Commerce of Buffalo, applied to United States Judge Kirkpatrick...
Source
newspapers

Newspaper Articles (5)

Article from Virginian-Pilot, October 24, 1899

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Article Text

ELIZABETH CITY. DISTINGUISHED JOURNALIST DEAD-JUDGMENT RECORDED-PERSONAL (Special to Virginian-Pilot.) Elizabeth City, N. C., Oct. 23.-Departed this life Friday night at 10 o'clock at his home, on the corner of Poindexter and Fearing street, Mr. C. B. Pendleton, in his 43d year of life. Mr. Pendleton was a native of this county, but left here while quite young, going to Texas, and from there to Key West, Florida, where he was engaged in the cattle and insurance business. He was afterwards owner and editor of the Equator Democrat, one of the most prominent papers of the South. He also represented Florida as State. Senator, with great honor to himself and his constituents. He was afterwards nominated for Congress, but by a combine of the parties was defeated. He was Cuban correspondent for the New York Journal during our war with Spain, in which position he served with great credit to himself. He leaves a wife, several children and a host of friends to mourn their loss. The funeral services were conducted from the Episcopal Church Sunday evening by Rev. L. L. Williams, and his remains were interred in the Episcopal Cemetery. The receivers of the Bank of Commerce of Buffalo, N. Y., have filed a judgment in New York City against the Buffalo City Mills, of Dare county, N. C., for the sum of $4,392. Mr. S. B. Parson left yesterday for Norfolk, where he has accepted a position as traveling salesman. Lieutenant Crisp has been appointed Inspector of Life-Saving Station of this district, in place of Lieutenant Farling, who left here several weeks ago, and is expected here in a few. Mrs. W. P. Zollinger, of Baltimore, is in the city as the guest of Mrs. John H. Burgess, Jr. Cards are out announcing the marriage of Mr. A. J. Scott to Miss Annie Cartwright.


Article from Fisherman & Farmer, October 27, 1899

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Article Text

The Basket Factory, in the Fearing building on Matthews street, began operation yesterday. We with the new enterprise much success. The gross receipts of the Elizabeth City Postoffice for the fiscal year was $6,870; Edenton, $3, 447; Plymouth, $550, and Washs ington $5,670. To exchange for city property Fine 400 acre truck or stock farm, 4 miles from city limits. Address lock box 244, Elizabeth imo. City N. C. On account of the oyster shuckers' strike at Norfolk some of the packers talk of removing their establishments from Norfolk to Elizabeth City. Lieutenant Crisp has been appointed Inspector of Life Saving Station of this district, in place of Lieutenant Failing, who left here several weeks ago. Mr. M. R. White, of Winfall, N. C., representing the A. F. Mosby Nursery, of Richmond, Va., spent a few days in the city this week soliciting and delivering orders. Always on hand, mince, apple and lemon pies, ribbon chocolate and pound cake, small cakes, candies &c. fresh every day and made to order on short notice. Phone 109. We learn a company is being organized to build and operate a Furniture Factory in Elizabeth City. This is a splendid location for a Furniture Factory and we hope it will be a go. The receivers of the Bank of Commerce of Buffalo, N. Y., have filed a judgement in New York City against the Buffalo City Mills, of Dare county, N. C., for the sum of $4,392. "The Real Widow Brown per. formance at the Academy of Music Tuesday night was a winner. The specialties were very laughtable and the audience seemed to be well pleased. For Rent-The Burgess residence, corner Road and Burgess streets. Large, convenient and comfortable rooms, desirably located in splendid neighborhood. Apply to Miss Kate Burgess at the Fair store. The Fisherman & Farmer office was highly entertained Tuesday by Mr. Charles Morgan, who exhibited a lot of photographs taken by him along the North Carolina coast since the late hurricane-giving views of the ship wrecks, the damage at Hatteras, Roanoke Island, Nag's Head, and other points.


Article from Virginian-Pilot, October 31, 1899

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Article Text

ELIZABETH CITY. ERRONEOUS STATEMENT-HUNTING GAME-DELINQUENT. (Special to Virginian-Pilot.) Elizabeth City, N. C., October 30.The statement made in this correspondence that the receiver of the Bank of Commerce of Buffalo. N. Y., had filed 11. judgment in New York City against the Buffalo City Mills, of Dare county, N. C., for the sum of $4,392, We learn is not true, as no one has a judgment against these mills. We regret having been led into the error. The yacht The Senator, of Providence, R. I., arrived in port yesterdal on her way to the lower sounds. She had on board a large crowd of sportsmen, who are looking for wild ducks and geese. The rain storm yesterday prevented our carrier from making his rounds. The Herald Square Opera Company, which appears at the Academy Wednesday and Thursday nights, November 1st and 2d, in "Chimes of Normandy," comes well recommended. The prices of admission are 24, 35 and 50 cents.


Article from Virginian-Pilot, June 6, 1900

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Article Text

# BRILLIANT LEGAL VICTORY. WON BY A POPULAR NORFOLK ATTORNEY AT TRENTON, N. J. Our townsman, Mr. E. F. Aydlette, recently won a brilliant legal victory at Trenton, N. J., from Norris Morey, Esq., one of the leading lawyers of Buffalo, N. Y. The action involved albout $50,000 worth of property in this State. The following account of the case appeared a few days ago in the Buffalo Courier: "Trustee Cook of Andrew Brown, formerly known as the lumber king of Buffalo, and now of Short Hills, N. J., Instituted an action in North Carolina to recover some $50,000 worth of property, which he believes he has proof still belongs to Brown. "For the benefit of Brown's general creditors, Henry H. Persons and John R. Hazel, receivers of the Bank of Commerce of Buffalo, applied to United States Judge Kirkpatrick to have the trustee restrained from proceeding with the action. After hearing argument Judge Kirkpatrick refused to grant the order. He said the claim could only be enforced in North Carolina, and if the trustee thought he had a valid claim it was his business, in the interest of his creditors, to go to North Carolina and see it out. "There was a warm legal fight over the matter between E. F. Aydlette, of Elizabeth City, N. C., representing the trustee, and Norris Morey, of Buffalo, representing the bank."


Article from Fisherman & Farmer, July 6, 1900

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Article Text

BIG SALE OF LAND. Mr. J. B. Andrews Jr. Will Sell Almost all of Dare County. (Wilmington Dispatch.) The most interesting feature of today's session of the United States Circuit; Court was the handing down by Judge Purnell of a decree-for the sale of land in Dare county. There are 150, 000 acres in dispute it is said that the sale will be the largest land sale ever made in this State. The land has been in the courts for the last five or six years. The decree follows: United States of America. Lastern District of North Carolina, in the Circuit Court in equity: East Coast Cedar Company vs. People's Bank of Buffalo, N. V.: American Exchange Bank of Buffalo; W. A. Ensign and Charles A. Ensign, trading as W. A. Ensign & Son; M. H. B own, Bank of Com merce, in Buffalo, N. Y., by Henry H. Parsons and John R. Hazell, receivers, and the Phoenix National Bank of New York, defend ants. This cause coming on to be heard, and being heard on the depositions and other proofs, after arguement by counsel both for petitioners and defendants it is now considered, adjudged and decreed: (1). That the land described in the petition cannot be actually divided without great CX pense and injury to the tenant in common interested. (2). That said land be sold at public auction, at the court