City Bank - Buffalo, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 11, 1847
Location: Buffalo, New York (42.886, -78.878)

Metadata

Model: gpt-5-mini
Short Digest: e2492701

Response Measures

None

Description

The article clearly states 'Commercial Bank, Buffalo, closed. [S.G. Austin, of Buffalo. Receiver.]' — indicates the bank suspended and a receiver was appointed. No run or depositor agitation is described in the excerpt.

Events (2)

1. September 11, 1847 Receivership

Newspaper Excerpt: Commercial Bank, Buffalo, closed. [S.G. Austin, of Buffalo. Receiver.]
Source: newspapers

2. September 11, 1847 Suspension

Cause: Government Action
Cause Details: Bank is closed and a receiver (S. G. Austin) appointed, indicating closure by authorities/receivership action.
Newspaper Excerpt: Commercial Bank, Buffalo, closed. [S.G. Austin, of Buffalo. Receiver.]
Source: newspapers

Newspaper Articles (1)

1. September 11, 1847 Baltimore Commercial Journal, and Lyford's Price-Current Baltimore, MD

Article from Baltimore Commercial Journal, and Lyford's Price-Current, September 11, 1847

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Article Text

20's. maud, 50's, let. ignette sailor seated on a bale of goods, with a flag in his left hand; on the left end figure of Liberty. Not countersigned. Bank of Watertown. [W.Ives, Pres., W. H. Angell, Cash.] 3's, a coarse imitation. Bank of Waterville. [J. Candee, Pres., D. B. Goodwin, Cash.] 5's, let. C. registered in red ink by G. Hanford. Bank of Whitehall. W mm. A. Moore, Pres. H. W. Palmer, Cash.] 3's, altered from I's of Hoboken Bank, N. J.; Bank of Whitehall stamp'd in large letters across top. 5's, let. A: the true bills have a steamboat on the bottom of the bill, between the names of the cashier and president, which is omitted in the counterfeit. 5's altered. "Bank of Whitehall," is at the top of the note. 10's, an alteration; Whitehall inserted. Bank of Whitestown. [J. Newton Dexter, Pres., J. S. Thomas, Cash.] l's, engraving is coarse, particularly the female o the right of the pres. Bullston Spa Bank. Ballston Spa. [James W Cook, Pres., Isaac Fowler, Cash.] Black River Bank, Watertown [L Paddock, Pres., G Gilbert, Cash.] 5's, altered from I's vig. a COW and country girl. Brooklyn Bank, Brooklyn. [W. J. Cornell, Pres., Abraham Haley, Cash.] 2's,let. C, dated July 9, 1839, pay Jas. Foster,jr Paper thin; engraying poor. 5's, altered from broken Michigan Bank 10's, altered from I's and 2' hold to light 10's, altered from the broken Monroe Bank, Mi chigan. Brotherton, cash., Adams, pres. Broome County Bank, Binghampton. Strong, President, T. R. Morgan, Cash.] I's, imitation of genuine; vignette, a man, horse boy and girl-on the right a female without a mouth; paper whitish. b's, let. B. Nov. 5, 1833. and some Jan 10. 1832, pay P. Pine, and some to R. Boy paper lighter vig. coarse There is small space between the first line, on which the name is written to whom the bill is payable, and the top of the D in the word 'demand. The D in genuine covers the line. 5's, let. C pay R. Boyd, of various dates, 5's, dated June 2.1832. pay to J. L. Bowne, C. Murdock, cash., V. Whitney, pres. 10's, vig blacksmith and implements Poor 20's, altered from 1's; there are a fe 20's out. ( anal Bank, Albany [John K. Paige, Pres. Theodore Olcott, Cash.] l's, the three signatures are written with bluish ink. while in the genuine two are in black and one the president's 15 of brownish hue. "Liberty" on the left around her head and near her staff are some scra ches intended rays. 3's, let. A. new plate; vignette, goddess of Liberty, &c. Poor paper; filling up and signing bad. 3's, altered from the broken Globe Bank, N.York, signed S. B. Day, cash 3'3, let. A, and some G various dates. well done. 5's, counterfeit E-D. Campbell, register, filling up and signatures very bad. 10's altered from one's goddess of liberty on the left end. Tin Dollars' slightly defective. 20's, altered from Canal Bank of Lockport, [Wm. O. Brown, Pres. C. W Rogers, Cash.] 5's, Sept.1 1841, pay E. Hurd. Engraving coarse 5's, altered fromone's. Catskill Bank Catskill [Thomas B. Cook, Pres. H. Hill, Jr. Cash.] 2's. let. B, dated Nov. 1, 1825, H. Hill, Jr., cash 2's,let. A dated Nov. 1. 1827, (date engraved,) No 2742. Paper of a whitish cast. 2's, let. B. Nov. 1, 1825. H.Hill, Jr. cash., Thos. B. Cooke, pres. New plate, late engraved, thick and yellow paper, engraving is coarse, K in Cutts kill, in upper part of note is below the other letters. 3's,vig. a woman seated, ship in the distance, H. Hill, Thomas B. Cook, president. 5's, let,C, pay E. Powers, June 5, 1830-vignette, Indian shooting a panther-face of Franklin light. 5's, let. C. Nov. 1. 1828, pay C. Hopkins. Vignette, an Indian shooting a panther, very well done II. Hill, cashier, Thomas B. Cook, president. 5's, let.C, pay to C. Hopkins, Nov. 1829. 10's. let A. Nov. 1, 1836-Carder, Durand, Ausin & Edmonds, engravers- close imitation of genuline-eng. rather coarse: the margins are broader. Cayuga County Bank, Auburn. [N. Beardsley Pres., J. N Starin, Cash.] 5's,pay Gershom Brower; G. B. Throop, cash. N. Garson, pres. Vig. an Indian. Eng. coarse & dark. 3's, let. B, engraving coarse, vignette blurred. 10's, letter A. paper thin, die work defective. Signatures written in same ink. Central Bank Cherry Valley. [D. H.Little, Pres., H. J. Olcott, Cash.] l's, old plate, the engraving is coarse and poor. 10's, let. B b, pay to S. Page, May 4, 1832. Champlain Bank, Ellenburgh 2's, altered from Clinton County Bank to 20. Chautauque Co. Bank, Jamestown [Sami. Barrett, Pres., Robert Newland, Cash. 5's, let. C, vig. an Indian with a bow; registered n the back: cashier's name is Robt. Newland on the genuine, and Rot. Newhuat" on counterfeit Filling 5's, let. D. pay C Gilbert, Jan. 1841. up and signatures bad. A poor imitation. 10's. let. B, Jamestown, Dec. 4, 1836, pay S. Hurd E. T. Foot, pres., A. D. Putchin, instead of Patchin. ch. Others, Jan. 14. 1837, pay H Pratt. 10's, let. A, Sept. 19. 1837, pay C. Weed- Arard Joy cash., C. T. Foote, pres. Paper thin. eng. coarse. C. Tappan & Co. eng. Phila. and N. York 10's, let. April 14, 1838, pay James Gray. 20's. altered. Vig. group of cattle. Chemung Canal Bank, Elmira. [Chas. Cook. Pres. John Arnot, Cash.] 5's. let. pay A. Bent. H. Maxwell, cash., J. G. M'Javell,pres. Poorly executed. 10's, dated June 4th, 1844, letter B, No. 3147, John Arnott. cashier, Charles Cook, president. Chester Bank, Chester. [Jas. heeler, Pres. Alex. Wright, Cash.] City Bank, Buffalo, closed. Clinton Co. Bank, Plattsburg, closed. [H.] K Averill, Receiver, Plattsburg.] 5's let. A, pay to J. Mad, Plattsburg, Oct. 1,1839, R. Yates, cash., H. Cady, pres. Vig. coarse. Commercial Bank, Troy. [Stephen W. Dana, Pres., Fred. Leak, Cash.] 3-Bills of all denominations, on this bank, altered from broken Comm. Bank, Millington, Md. Commercial Bank, Albany [J. Townsend, Pres. James Taylor, Cash.] (C-Bills of all denominations. on this bank, altered from broken Comm. Bank, Milington, md. l's, let. A, vig. several vessels under sail-T Tay lor, cash., Paul Grout, pres., April 3d, 1841pale. I's, Townsend, pres. Pale, and poor imitation. 1's, figure each side of the vignette very large, very light, J. Taylor, cash. John Townsend, pres. 3's. engraved by Durant & Co." from the spurious "Commercial of Poultney " which has been altered to "Commercial Bank of Albany." 3's,let. A, dated Nov. 27, 1841, J. Taylor. canh., John Thomson, pres. 3's, light, vig. ship at wharf, a schooner with her sails along side, a steamboat at a distance. On the left hand IS an Indian seated on rock 20's, let. D, Dec. 20, 1837, pay to bearer, Seth Hastings, pres., J. Taylor, cash.-vig. a steamboat and two vessels. Engraved by Durand & Co., N.Y. Commercial Bank, Friendship, Allegany Co. Commercial Bank, Buffalo, closed. [S.G. Austin, of Buffalo. Receiver.] DG-The most of the genuine bills of this bank have been redeemed, and those now in general circulation are mostly spurious. Commercial Bank, Rochester. [Asa, Sprague, Pres., Geo. R. Clark, Cash.] B-Bills of all denominations, on this bank, altered Comm Bank Millington, Md.