15138. Haverstraw Savings Bank (Haverstraw, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
December 28, 1878
Location
Haverstraw, New York (41.198, -73.965)

Metadata

Model
gpt-5-mini
Short Digest
28fc4aab

Response Measures

None

Description

Newspaper reports (Dec 1878) state the Attorney General served an injunction closing the Haverstraw Savings Bank and placed a clerk of the Bank Department in charge. Later (Nov 1879) a receiver (B. Platt Carpenter) is reporting final dividend — indicating the bank remained closed and entered receivership. No run is described in the articles; closure resulted from government action (injunction).

Events (2)

1. December 28, 1878 Suspension
Cause
Government Action
Cause Details
Injunction served by J. W. Walsh (Attorney General's office); clerk of the Bank Department placed in charge under law of 1878.
Newspaper Excerpt
J. W. Walsh, of the AttorneyGeneral's office, has closed the Haverstraw Savings Bank by serving an injunction upon its officers, returnable before Judge Barnard...
Source
newspapers
2. November 12, 1879 Receivership
Newspaper Excerpt
B. Platt Carpenter, receiver of the Haverstraw Savings Bank, reports a balance in hand of $17,195, which the Court directs him to pay to depositors as their final dividend.
Source
newspapers

Newspaper Articles (4)

Article from Daily Globe, December 29, 1878

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Article Text

not responsible for the deed. Justice Morrison, however, bound him over in $2,000 bonds. THE LAST RESORT. MEMPHIS, Dec. 28.-James Dixon, formerly a minister at New Albrny, Ind., attempted to commit suicide last night at the Peabody hotel by taking strychnine. Several letters were found in his room, written previously to the attempted self destruction, which gave as a cause for his action reports of his intimacy with a young lady at New Albany. His condition is yet critical. CUSTOM HOUSE THIEF. NEW YORK, Dec. 28.-Robert A. Pedrech, custom house clerk of Benkhard & Hutton, this city, accused of appropriating $108,000 entrusted to him for payment of customs duties, was arrested this morning. PRINT WORKS SCORCHED. DOVER, N. H., Dec. 28.-A fire in the Cocheco print works damaged the building and contents $75,000. Insured. HELD FOR TRIAL. CINCINNATI, Dec. 28.-The case of Chas. P. Forbes and R. C. Wheeler, charged with embezzlement in the police court to-day, was set for hearing Thursday, Jan. 2. READS LIKE KENTUCKY. SAN FRANCISCO, Dec. 28.-Last Tuesday near Chew's Landing in Stanislaus county John Reynolds, blacksmith, about 50 years old and of slightly unsound mind, shot a young man named Chas Bookout, killing him. Reynolds in turn was shot while attempting to escape by William Gann and probably mortally wounded. There is no known cause for Reynold's action. CREMATED. NEW YORK, Dec. 28.-By the burning of a barn at East Orange, N. J., two young men were burned to death, and an old woman and the watchman lost their lives by the burning of small house attached to the ironing house, near London, Ct. THE POCKETBOOK RETURNED. NEW YORK, Dec. 28.-The pocketbook lost by the messenger of the Importers' & Traders' bank yesterday has been returned by mail minus $7,739. The Evening Post says this amount includes all the cash and $900 in small securities. NITRO GLYCERINE EXPLOSION. PATERSON, N. J., Dec. 28.-Three men are reported killed by an explosion of the nitroglycerine works at Upper Preakness, five miles away. Houses here were shaken as if by an earthquake. CINCINNATI PORK FAILURE. CINCINNATI, Dec. 28.-It is now estimated that the failure of Wheeler & Co., pork men, mentioned in the dispatches yesterday, will amount to between $40,000 and $50,000 when all the persons with whom they had dealings are heard from. Chas. H. Forbes, the company of the firm, who was arrested, was released yesterday afternoon, but later re- arrested on complaint of Samuel Kyle, of Middletown, who charged him with embezzlement. SAVINGS BANK CLOSED. ALBANY, N. Y., Dec. 28.-The Haverstraw savings bank has been closed by the attorney general. WIFE MURDER AND SUICIDE. SAN FRANCISCO, Dec. 28.-A Sacramento dispatch says the bodies of Allen Reynolds and his wife were found to-day in their house. They had not been seen since Wednesday last. The cause of death was poison. Supposed case of wife murder and suicide. PIANO FACTORY BURNED. BOSTON. Dec. 28.-The Emerson piano company's factory burned to-night. Loss, $100,000; insured. Eighty-five men thrown out of employment. SCHOONER WRECKED. PORTLAND, Me., Dec. 28.-The schooner Ellen, from St. John for New Haven, was wrecked on the coast of Maine. The captain and three seamen were drowned. ROBBED HIMSELF. PEORIA, III., Dec. 28.-Charles L. Otto, who reported Thursday morning that his jewelry store had been burglarized. has confessed he did the job himself. The money was found concealed in the dome of the court house, which he had the key to for the purpose of taking care of the town clock, and the box containing the balance of the goods was found behind lumber pile two blocks from the store. His creditors have attached his stock. INSANE SHOOTI NG. NEW YORK, Dec. -William L. Palmer, of Stonington, Conn., guest of the Metropolitan hotel, threatened to shoot with a revolver he flourished the private detective O the house. The detective secured the aid of Officer Furness and other policemen, who attempted to disarm the man, but he maintained possession and shot down Furness, severely if not fatally wounding him. Palmer then rushed to the station house, and saying he had shot two men who had attempted to arrest him, surrendered the pistol and was locked up. Palmer is insane. FLOURING MILL BURNED. DETROIT, Mich., Dec. 28.-A fire at Comstock, Mich., to-day, destroyed Dunbar's flouring mill. Loss $8,000; partially insured. GROUNDS FOR AN INDICTMENT. ST. LOUIS, Dec. 28.-A rumor is on the street late to-night that the United States grand jury voted, just prior to adjournment this evening, to indict the three principle directors of the old bank of the State of Missouri, for transactions in connection with the management of that bank extending back several years. Efforts to trace the rumor to authentic sources have failed, but as it is pretty well known the grand jury have been investigating the affairs of the bank, the rumor has ground for some credence. JUDGE BLODGETT'S IMPEACHMENT CHICAGO, Dec. 28.-The bar association held a meeting this afternoon and adopted a resolution calting upon members of the body who haveinstituted preceedings looking to the impeachment of Judge Blodgett to make known to a committee of five the character and substance of their charges. The committee is empowered to investigate such charges and report to the association. Fighting Old Boreas at St. Louis. ST. LOUIS, Dec. 28.-Two or three ferry boats were released from positions in the ice to-day and in connection with the transfer boat Bogy and three or four small tugs have been breaking all the afternoon. A goodly part of the harbor bel W the bridge is now clear of ice and there is a channel through the gorge to open water. Below Carondolet the


Article from The New York Herald, December 29, 1878

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TELEGRAPHIC NOTES. The female chimpanzee died at the Philadelphia Zoological Gardens on Friday. John Hamilton, colored, convicted at Philadelphia of murder in the second dégree, for the killing of Charles Green, colored, was sentenced yesterday to four years and a half in the Penitentiary. A fire destroyed a small building attached to the Irving House, New London. Conn, early yesterday morning. B. Saxton, sixty-eight years old, a private watchman, who occupied part of the building, was burned to death. The remains of the late Rear Admiral Henry R. Hoff arrived at West Philadelphia from Washington yesterday, and were interred in the family vault connected with the Church of St. James the Less, at the Falls of the Schuylkill. A committee of six from the Southwestern Railway Association met at Chicago on Friday, and after due consideration decided to recommend the roads interested to renew their pooling arrangements, on the same terms as have ruled during the past year. James A. Dickson, recently a clergyman at New Albany, Ind., attempted to commit suicide Friday night at the Peabody Hotel, Memphis, Tenn., by taking strychnine. Several letters were found in his room which assigned as a cause for the deed the reports of his intimacy with a young lady in New Albany. His condition is critical. On Tuesday last, near Crow's Landing, in Stanislaus county. California. John Reynolds, a blacksmith, about fifty years old, and of slightly unsound mind, shot a young man named Charles Bookout, killing him. Reynolds was in turn shot, while attempting to escape, by William Gann, and probably mortally wounded. There is no known cause for Reynolds' action. J. W. Walsh, of the Attorney General's office, on Friday afternoon closed the Haverstraw Savings Bank by serving an injunction upon its officers, returnable before Judge Barnard at Poughkeepsie on January 2. Under the operation of the law of 1878, for the first time the Superintendent of the Bank Department placed a clerk of that department in charge of the bank immediately upon serving the papers. A strange story is told at Peoria, Ill., by a young girl named Maggie Lahre, to the effect that last Thursday she was kidnapped by two unknown masked men, taken in a sleigh into the country, tied to a tree and her clothes set on fire, having first been chloroformed. The flames burned the cords with which she was bound and restored her to consciousness. She was found by a farmer and brought to her home, where she now lies unconscious. On Friday Mrs. Ann Hogan, the wife of a laborer living in a tenement on Ashley street, Dayton, Ohio, was found dead in her bed. Her tongue protruded from her mouth and her face and neck were marked with bruises, indicating that death ensued from violence. The apartment was in a state of confusion. The chairs, stove, floor and bedstead were sprinkled with blood. Both husband and wife had been in the habit of using whiskey, and quarrelled continually. The couple were heard quarrelling the previous night. The husband when arrested last evening was in a beastly state of intoxication.


Article from New-York Tribune, December 30, 1878

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TELEGRAPHIC NOTES. A ZOOLOGICAL LOSS, PHIL ADELPHIA, Dec. 29.-The female chimpanzee at the Zootogical Gardens is dead. A BANK CLOSED AT HAVERSTRAW. ALBANY, Dec. 20.-J. W. Walsh, of the AttorneyGeneral's office, has closed the Haverstraw Savings Bank by serving an injunction upon its officers, returnable before Judge Barnard, of Poughkeepsic, on January 2. AN INSANE WOMAN'S FREAK BUFFALO. Dec. 29.-Mrs. George Stoker, supposed to be a resident of Detroit, Mich., and insane, jumped from a train in the vicinity of Kings Mill, Ontario, while it was moving at the rate of forty-seven miles an hour. Upon backing up the train, she was found apparently unhurt and running toward the train


Article from The New York Herald, November 12, 1879

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Indianapolis has less than a week's supply of coal if the weather should turn cold. The miners employed in the Siegersville (Pa.) ore beds struck yesterday for an advance of wages. Mrs. Carlton Phillips, of Providence, R. I., died Monday night of injuries caused by the explosion of an oil lamp. The Boston 'longshoremen's strike for increased wages is ended, the employers making the concessions demanded. D. Denton Young, aged seventy-nine years, was instantly killed at Goshen, N. Y., yesterday, by an Erie Railroad train. Twenty-two poles of the American Union Telegraph Company were cut down Monday afternoon near Newtown, N. J. A rain storm yesterday saved Middletown, N. Y., from a water famine. The supply from the reservoir was to have been stopped. The Urion Protestant Church, at Cote St. Louis, a suburb of Montreal, was totally destroyed by an incendiary fire yesterday morning. At the sale in Boston on Monday of the autograph letters of Brantz Mayer, of Baltimore, the competition was lively and the prices high. At Forrestville, Cal., Saturday night, J. G. Hill was killed and Hamilton Litton wounded in a quarrei with a family named Travis, who are in jail. A terrific storm passed over Natural Dam, Ark., last Saturday, demolishing buildings and uprooting trees. John Newton was killed in a falling house. James T. Hicks, a desperado at Hope, Ark., murdered Bill White, a negro, deliberately shooting him through the lungs, and escaped, pursued by the Sheriff. A great pressure of freight from the Western States is felt by the Great Western Railway, which carried 536 car loads into Montreal last Friday and Saturday. William H. Farrington, recently elected County Commissioner of Wiconuce county, Md, was shot and instantly killed yesterday by J. Wesley Turpin, a neighbor. B. Platt Carpenter, receiver of the Haverstraw Savings Bank, reports a balance in hand of $17,195, which the Court directs him to pay to depositors as their final dividend. Lingham & Co., cattle dealers, of Belleville, Ont., have orders for 2,000 beef cattle for the English market, tobe delivered before Christmas. They will ship them from Boston. It is charged that a deficiency of about $4,500 exists in the accounts of ex-Secretary and Treasurer A. B. Root, of the Berkshire Mutual Fire Insurance Company, of Pittsfield, Mass. Judge Learned directs the receivers of the Oriental Savings Bank to sell the notes, bonds, mortgages and judgments of the bank by auction, at the Exchange Salesroom, after two weeks' notice. The United States Senate subcommittee on the Kellogg-Spofford case will leave Atlanta, Ga., for New Orleans Saturday. Senators Hill and Vance will start from Atlanta and be met in New Orleans by Senator Cameron, of Wisconsin. Stettauer Brothers, of Chicago, have furnished a statement showing their liabilities to be $1,519,861 and their assets $974,929. It is understood that the creditors strongly object to accepting the offer of fifty cents on the dollar. The Canada Cotton Company, which built a mill in Cornwali, Ont., costing $500,000, is said to be unable to pay its bonds due on the 1st of November, and the holders have the alternative of taking the property and plant or granting renewal. At Cambridge, Ohio, the coal miners demanded three cents per bushel for mining. Yesterday they went to work in several mines at two and a half cents, but those employed by the Ohio Coal Campany held out for three cents. At Massillon, Ohio, most of the miners are on strike.