14979. Ellicott Square Bank (Buffalo, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 26, 1899
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini
Short Digest
07c19490

Response Measures

None

Description

Multiple contemporaneous newspaper items (Mar 1899) report the Ellicott Square Bank of Buffalo has closed for good and that the stockholders decided to go into voluntary liquidation. No run or depositor panic is mentioned; depositors to be paid in full. I inferred a suspension/closure by voluntary liquidation. Article 1 references SUNDAY, FEB. 26 near the item; used Feb 1899 as the reported closure month because the news items appear in early March 1899 papers describing the bank as closed.

Events (1)

1. February 26, 1899 Suspension
Cause
Voluntary Liquidation
Cause Details
Stockholders voted to go into voluntary liquidation; bank closed permanently; depositors to be paid in full.
Newspaper Excerpt
The Ellicott Square bank, Buffalo, has closed for good. ... The stockholders decided to go into voluntary liquidation. Depositors will be paid in full.
Source
newspapers

Newspaper Articles (5)

Article from Orleans County Monitor, March 6, 1899

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Article Text

ALL AROUND THE WORLD. SUNDAY. FEB. 26. The Ellicott Square bank, Buffalo, has closed for good. It had a capital of $300,000. The stockholders decided to go into voluntary liquidation. Depositors will be paid in full. An explosion of natural gas wrecked the residence of Daniel Eckton at Walton, Ind. Two women were fatally injured. and three men were seriously injured. The American Silk Manufacturing company of New London, Conn., has been capitalized at $12,500,000. The company has secured a special charter in Connecticut for the purpose of uniting and consolidating the silk thread industry of the United States. On application of some of the stockholders, the Union Savings and Trust company, was appointed receiver for the F. Tuchfarber company, Cincinnati, manufacturers of glass and other signs. Liabilities, $70,000; assets, $175,000. MONDAY, FEB. 27. At the Greenwood Athletic club in Brooklyn Dick O'Brien of Lewiston, Me., knocked out Jack Burke of Boston in the 14th round of what was to have been a 20-round bout. Colonel Amos C. Babcock, an intimate friend of Abraham Lincoln and a prominent figure in the abolitionist movement in the early fifties, died at Chicago. He was born in New York city in 1828. Princeton university is to have a new chair of English literature, and it is confidently expected that Rev. Dr. Henry Van Dyke, now pastor of a Presbyterian church at New York, will be its first occupant. The most positive identification of Jesse James as one of the Leeds train robbers was made at Kansas City by William J. Smith of Stoksberry, Mo., who was a passenger on the Missouri Pacific the night it was held up. He pointed out Jesse James as the man who placed a gun against his breast and ordered him back into the car. TUESDAY, FEB. 28. Archbishop Vilatte of the church organization known as the Old Catholics in America, has withdrawn from that body. He submits himself to the Roman Catholic church. The Duke of Connaught, in laying the foundation stone of the English church at Assouan, on the Nile, said he took great pleasure to lay the stone of the church furtherest south in Egypt, which, he added, "will be a great godsend to our countrymen and to our brethern from the United States, who continue to come in increasing numbers to Egypt." Arrangements have been practically completed for a syndicate to control a large share of the Havana tobacco output. The new corporation is to be known as the Consolidated Tobacco company of Cuba. It will be capitalized at $12,000,000. Lorenz Weihner of New York has filed a petition in bankruptcy with liabilities of $200,753 and no available assets. Weihner was formerly an extensive builder. WEDNESDAY. MARCH 1. Maria Roof Van Evera died at Canajoharie, N. Y., aged 102 years. She was a member of the original Daughters of the Revolution. The American Brewing company of Chicago has gone into the hands of a receiver as the result of complications growing out of the Dreyer bank failure a year ago. The indebtedness of the brewing company is $100,000, in notes and open accounts, and $750,000 covered by the company's bonds. The Earl of Rosebery was elected president of the Eighty club in succession to the late Mr. Gladstone by 50 votes against 11. The election followed a lively meeting. William B. Depew, brother of Chauncey M. Depew, died at Buffalo. Mr. Depew was born in Peekskill, N. Y., in 1836. He had been actively connected with the railroad interests of Buffalo for 39 years. THURSDAY, MARCH 2. Josiah Bailey, a resident of Dickinson, N. Y., who is 95 years of age, has been renominated by the Republicans for town clerk. He is believed to be the oldest office holder in the country. It is announced that the American Pottery company will not be dissolved, as has been reported. This company was incorporated last December in New Jersey, with a capitalization of $27,000,000. It was said to control 90 percent of the entire pottery output of the world. The Maryland Steel company of Baltimore announces a 10-percent increase in the wages of employes, which restores their pay to the old rate of 1893. There are 1700 men at work, but this number, it is expected, will soon be increased to 2500. The Royal Baking Powder company, with an authorized capital of $20,000,000, was incorporated at Trenton. The company is understood to represent the consolidation of the Royal Baking Pow der company, the Cleveland Baking Powder company and the New York Baking Powder company. FRIDAY. MARCH 3. A mortgage deed for $6,000,000 was filed for record at Youngstown, O., by the Central Union Telephone company in favor of the Old Colony Trust company of Massachusetts. The mortgage bears date of Jan. 2, and is given to secure 5 percent gold bonds in the above amount. A combination of the leading paper bag manufacturers of the country was brought about at New York when the last of the stock subscriptions were deposited. The new company will be known as the Union Bag and Paper com-


Article from Reporter and Farmer, March 9, 1899

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# General. Because four furnacemen were dropped and their work put on the rest of the force, 800 men struck at the glass works at Alexandria, Ind. The proposition for removal of the state capital from Jeffersonville, Mo., to St. Louis, was twice defeated in the house. The West Virginia legislature has passed a bill to build three miners' hospitals in the state at a cost of $10,000 each. Ernest R. Kraus has been appointed receiver for the the Boston and Montana Consolidated Copper and Silver Mining Company of Silver Bow, Mont. George Loeffort & Sons, lumber dealers of Sharpsburg, Pa., have filed a petition in bankruptcy. Liabilities, $126,000; assets, $6,000. The Maryland Steel Company of Sparrow's Point announced a 10 per cent increase in the wages of all its employes. The Lonsdale Company of Providence, R .I, employing 2,500 persons, has decided to advance wages on April 3. Samuel Kahn, a cloak manufacturer of New York, has filed a petition of bankruptcy. Liabilities, $71,357. No assets. The Rhode Island cotton manufacturers are likely to follow the example of the cotton mill owners in Fall River and restore the '98 schedule of wages. The Demar painters' union has decided to strike March 1 for an increase of wages from $2.50 per day of eight hours to $3, which the master painters have refused to pay. The commissioners of Golden Gate Park have accepted an offer by Claus Spreckles to erect a marble or granite music stand to cost not less than $60,000. Ralph J. Steen of Philadelphia, a university student at Princeton, is ill with a mild case of varioloid. Many students, fearing the disease, are leaving. The mayors of Illinois cities are in session at Peoria for the purpose of forming a municipal league. Among the papers read was one by A. B. Foote of Washington. The Ellicott Square Bank at Buffalo has closed its doors. The bank had a capital of $300,000 and was organized in 1891. The stockholders decided to go into voluntary liquidation. Simon Maer, wholesale butcher, filed his petition of insolvency in the United States court at Los Angeles. The liabilities are given at $116,008.95, and assets at $278,860.58. The principal creditors are the banks of that city. The Pennsylvania Steel Company of Harrisburg, Pa., has posted a notice that, beginning April 1, theye will be a general advance of about 10 per cent in wages. The advance affects about 6,000 employes. Halsey C. Post of Sandusky, Ohio, filed a petition of voluntary bankrupte, giving liabilities of $325,000 and no assets except some stock in Toledo enterprises which he says are of no value. Upon statements and resolutions filed by the Chicago board of trade the interstate commerce commission has ordered an investigation of rates on corn and other grain to New York and other North Atlantic seaports on shipments for export. It is reported that the Chicago Great Western will not build from Hampdon, Iowa, to Council Bluffs, but will construct an air line west from Peru, between the Rock Island and the Burlington. The American Silk Manufacturing Company of New London, Conn., has capitalized at $12,500,000. The company has secured a special charter for the purpose of uniting and consolidating the silk thread industry of the United States. Acting-Gov. Northcott of Illinois has signed the bill appropriating $9,000 for a statute of Francis E. Willard, to be placed in the rotunda of the capital building at Washington. The statue of Miss Willard is the only one of a woman given a place in the rotunda. Representatives of a number of sewer pipe manufacturers have been holding in New York a series of conferences, with the object of effecting a consolidation of their respective interests, and plans are practically perfected for the organization of a new company, with a capital of $25,000,000.


Article from Reporter and Farmer, March 9, 1899

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ditions as those under which Germany secured Kiao-Chiau, includes a demand for the cession of three islands off Chu-Kiang province and mining and railroad rights in that province. General. Because four furnacemen were dropped and their work put on the rest of the force, 800 men struck at the glass works at Alexandria, Ind. The proposition for removal of the state capital from Jeffersonville, Mo., to St. Louis, was twice defeated in the house. The West Virginia legislature has passed a bill to build three miners' hospitals in the state at a cost of $10,000 each. Ernest R. Kraus has been appointed receiver for the the Boston and Montana Consolidated Copper and Silver Mining Company of Silver Bow, Mont. George Loeffort & Sons, lumber dealers of Sharpsburg, Pa., have filed a petition in bankruptcy. Liabilities, $126,000; assets, $6,000. The Maryland Steel Company of Sparrow's Point announced a 10 per cent increase in the wages of all its employes. The Lonsdale Company of Providence, R. .I, employing 2,500 persons, has decided to advance wages on April 3. Samuel Kahn, a cloak manufacturer of New York, has filed a petition of bankruptey. Liabilities, $71,357. No assets. The Rhode Island cotton manufacturers are likely to follow the example of the cotton mill owners in Fall River and restore the '98 schedule of wages. The Demar painters' union has decided to strike March 1 for an increase of wages from $2.50 per day of eight hours to $3, which the master painters have refused to pay. The commissioners of Golden Gate Park have accepted an offer by Claus Spreckles to erect a marble or granite music stand to cost not less than $60,000. Ralph J. Steen of Philadelphia, a university student at Princeton, is ill with a mild case of varioloid. Many students, fearing the disease, are leaving. The mayors of Illinois cities are in session at Peoria for the purpose of forming a municipal league. Among the papers read was one by A. B. Foote of Washington. The Ellicott Square Bank at Buffalo has closed its doors. The bank had a capital of $300,000 and was organized in 1891. The stockholders decided to go into voluntary liquidation. Simon Maer, wholesale butcher, filed his petition of insolvency in the United States court at Los Angeles. The liabilities are given at $116,008.95, and assets at $278,860.58. The principal creditors are the banks of that city. The Pennsylvania Steel Company of Harrisburg, Pa., has posted a notice that, beginning April 1, theye will be a general advance of about 10 per cent in wages. The advance affects about 6,000 employes. Halsey C. Post of Sandusky, Ohio, filed a petition of voluntary bankrupte, giving liabilities of $325,000 and no assets except some stock in Toledo enterprises which he says are of no value. Upon statements and resolutions filed by the Chicago board of trade the interstate commerce commission has ordered an investigation of rates on corn and other grain to New York and other North Atlantic seaports on shipments for export. It is reported that the Chicago Great Western will not build from Hampdon, Iowa, to Council Bluffs, but will construct an air line west from Peru. between the Rock Island and the Burlington.


Article from Brookings Weekly Register, March 9, 1899

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naonnar AND samu HRM. tamas fares to £12 and second-class to £7. A rate war will probably follow. The Chilean war office and the milltary authorities have definitely decided to reduce the army by 5,000 men. The government, it is rumored, contemplates a sale of several cruisers to the United States and Ecuador. The Peking correspondent of the London Times says Italy's demand upon China for a lease of San Mun bay as a naval base on the same conditions as those under which Germany secured Kiao-Chiau, includes a demand for the cession of three islands off Chu-Kiang province and mining and railroad rights in that province. General. Because four furnacemen were dropped and their work put on the rest of the force, 800 men struck at the glass works at Alexandria, Ind. The proposition for removal of the state capital from Jeffersonville. Mo., to St. Louis, was twice defeated in the house. The West Virginia legislature has passed a bill to build three miners' hospitals in the state at a cost of $10,000 each. Ernest R. Kraus has been appointed receiver for the the Boston and Montana Consolidated Copper and Silver Mining Company of Silver Bow, Mont. George Loeffort & Sons. lumber dealers of Sharpsburg, Pa., have filed a petition in bankruptcy. Liabilities, $126,000; assets, $6,000. The Maryland Steel Company of Sparrow's Point announced a 10 per cent increase in the wages of all its employes. The Lonsdale Company of Providence, R. .I. employing 2,500 persons, has decided to advance wages on April 3. Samuel Kahn, a cloak manufacturer of New York, has filed a petition of bankruptcy. Liabilities, $71,357. No assets. The Rhode Island cotton manufacturers are likely to follow the example of the cotton mill owners in Fall River and restore the '98 schedule of wages. The Demar painters' union has decided to strike March 1 for an increase of wages from $2.50 per day of eight hours to $3, which the master painters have refused to pay. The commissioners of Golden Gate Park have accepted an offer by Claus Spreckles to erect a marble or granite music stand to cost not less than $60,'000 Ralph J. Steen of Philadelphia, a university student at Princeton, is ill with a mild case of varioloid. Many students, fearing the disease, are leaving. The mayors of Illinois cities are in session at Peoria for the purpose of forming a municipal league. Among the papers read was one by A. B. Foote of Washington. The Ellicott Square Bank at Buffalo has closed its doors. The bank had a capital of $300,000 and was organized in 1891. The stockholders decided to go into voluntary liquidation. Simon Maer. wholesale butcher. filed his petition of insolvency in the United States court at Los Angeles. The liabilities are given at $116,008.95, and assets at $278,860.58. The principal creditors are the banks of that city. - The Pennsylvania Steel Company of Harrisburg, Pa., has posted a notice


Article from The Pioneer Express, March 17, 1899

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General. Because four furnacemen were dropped and their work put on the rest of the force, S00 men struck at the glass works at Alexandria, Ind. The proposition for removal of the state capital from Jeffersonville, Mo., to St. Louis, was twice defeated in the house. The West Virginia legislature has passed a bill to build three miners' hospitals in the state at a cost of $10,000 each. Ernest R. Kraus has been appointed receiver for the the Boston and Montana Consolidated Copper and Silver Mining Company of Silver Bow, Mont. George Loeffort & Sons. lumber dealers of Sharpsburg, Pa., have filed a petition in bankruptcy. Liabilities, $126,000; assets, $6,000. The Maryland Steel Company of Sparrow's Point announced a 10 per cent increase in the wages of all its employes. The Lonsdale Company of Providence, R. .I, employing 2,500 persons, has decided to advance wages on April 3. Samuel Kahn, a cloak manufacturer of New York, has filed a petition of bankruptcy. Liabilities, $71,357. No assets. The Rhode Island cotton manufacturers are likely to follow the example of the cotton mill owners in Fall River and restore the '98 schedule of wages. The Demar painters' union has decided to strike March 1 for an increase of wages from $2.50 per day of eight hours to $3. which the master painters have refused to pay. The commissioners of Golden Gate Park have accepted an offer by Claus Spreckles to erect a marble or granite music stand to cost not less than $60,000. Ralph J. Steen of Philadelphia, a university student at Princeton, is ill with a mild case of varioloid. Many students, fearing the disease, are leaving. The mayors of Illinois cities are in session at Peoria for the purpose of forming a municipal league. Among the papers read was one by A. B. Foote of Washington. The Ellicott Square Bank at Buffalo has closed its doors. The bank had a capital of $300,000 and was organized in 1891. The stockholders decided to go into voluntary liquidation. Simon Maer. wholesale butcher. filed his petition of insolvency in the United States court at Los Angeles. The liabilities are given at $116,008.95, and assets at $278,860.58. The principal creditors are the banks of that city The Pennsylvania Steel Company of Harrisburg, Pa., has posted a notice that, beginning April 1, theye will be a general advance of about 10 per cent in wages. The advance affects about 6,000 employes. Halsey C. Post of Sandusky, Ohio, filed a petition of voluntary bankrupte. giving liabilities of $325,000 and no assets except some stock in Toledo enterprises which he says are of no value. Upon statements and resolutions filed by the Chicago board of trade the interstate commerce commission has ordered an investigation of rates on corn and other grain to New York and other North Atlantic seaports on shipments for export. It is reported that the Chicago Great Western will not build from Hampdon, Iowa, to Council Bluffs. but will construct an air line west from Peru. between the Rock Island and the Burlington. The American Silk Manufacturing Company of New London, Conn., has capitalized at $12,500,000. The company has secured a special charter for the purpose of uniting and consolidating the silk thread industry of the United States. Acting-Gov. Northcott of Illinois has signed the bill appropriating $9,000 for a statute of Francis E. Willard, to be placed in the rotunda of the capital building at Washington. The statue of Miss Willard is the only one of a woman given a place in the rotunda. Representatives of a number of sewer pipe manufacturers have been holding in New York a series of conferes. ces, with the object of effecting a cr solidation of their respective interests, and plans are practically perfected for the organization of a new company, with a capital of $25,000,000.