15341. Third National Bank (Sandusky, OH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2061
Charter Number
2061
Start Date
February 8, 1877
Location
Sandusky, Ohio (41.449, -82.708)

Metadata

Model
gpt-5-mini
Short Digest
82d09e709dd3df39

Response Measures

None

Description

Articles (Feb 8, 1877) refer to the Third National Bank of Sandusky having a receiver and motions to settle the receiver's accounts and to sell assets, indicating the bank had been suspended/placed in receivership and remains closed. No run is described in the provided excerpts.

Events (4)

1. October 28, 1872 Chartered
Source
historical_nic
2. February 8, 1877 Receivership
Newspaper Excerpt
The Third National Bank of Sandusky vs. Cornell. Motion granted, and Mr. Edward Hartnagie appointed referee to pass receiver's accounts.
Source
newspapers
3. February 8, 1877 Suspension
Cause
Bank Specific Adverse Info
Cause Details
The bank (or its suit) involves defendants (including Alonzo B. Cornell); receiver reports limited realizations from assets and seeks leave to sell assets privately, implying bank failure/insolvency related to adverse assets/liabilities.
Newspaper Excerpt
In the suit of the Third National Bank of Sandusky against Alonzo B. Cornell and others, a motion was made yesterday to Judge Barrett in Supreme Court, Chambers, for settlement of the receiver's accounts and for leave to sell certain of the defendant's assets at private sale.
Source
newspapers
4. September 19, 1892 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)

Article from New-York Tribune, February 8, 1877

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Article Text

CIVIL NOTES. Ah Fung, in jail for the alleged killing of a fellow countryman, obtained yesterday a writ of habeas corpus from Judge Bar.ett, returnable in Supreme Court, Chambers, day. Ah Fung says he is entirely innocent. In the suit of John H. Moler against Albert G. Parmelee, reported in yesterday's TRIBUNE, the jury, in Supe. rior Court. Trial Term, before Judge Freedman, found yester. day a verdict for the piaintiff for $2,011 50. In the divorce suit of Francis X. Hennisch against Jane Hennisch, Judge Robinson, in Common Pleas, Special Term, yesterday referred the case, the evidence foreshadowed by the pleadings being untit for public hearing. In the suit of Frederick H. Grees against C. Lip= pincott and J. B. Lippincott for not publishing one of the plaintiff's books, Judge Van Vorst, in Sapreme Court, Special Term, has sustained the defendants' demarrer. In the divorce suit of Jamieson against Jamieson Judge Barrett has refused to vacate the stay of proceedingsia the suit pending the work of a commission to take evidence in London and Edinburgh, but limits it to six weeks. In the proceeding of Emma D. Van Vleck. the poor daughter of the rich lunatic, Patrick Dichie, ber own husband being also of unsound mind, Judge Brady nas made an order increasing her allowance out of her father's estate $3.500 year. In'a suit of J. D. McClelland against John Bemascotte, convicted of keeping a disorderly house, the plaintiff obtained a judgment, and yesterday appealed to Judge Robinson in Common Pieas, Special Term, to bring Annie Schmiut, convicted of the same offense, from the Penitentiary to testify as to Bemascotte's property. Decision was re. served. In the suit of the Farmers' Loan and Trust Company, trustees, against the Buffalo and Jamestown Railroad Company, Judge Daniels has granted a decree of foreciosure and sale in the Second Judicial District. George S. Wardwell of Buffale is appointed referee to ascertain Wite amount due under the mortgage of which the plaintiffs are trustees. The stock is largely hold by townships along its line. Turner, Lee & McClure appeared for the plantiffs: W. 8. Bissell for the raitroad company. In the suit of the Third National Bank of Sandusky against Alonzo B. Cornell and others, a motion was made yes terlay to Judge Barrett in Supreme Court, Chambers, for settlement of the receiver's accounts and for leave to sell cer. tain of the defendant's assets at private sale. There was judgement in the suit for $9,075 37 against the defendants. Mr. Cornell gave a long list of assets, most of which were un. available at public sale. The receiver says in that way he has realized only $250, and asks leave to proceed by private sale. Decision was reserved. In the cross suits brought between the executor of Mr. Marley and Catharine Nesta Ennismore Hicks (Countess Heinrneth) Mrs. Hicks's counsel permitted a default tabe taken in the suit by the executor, and has since asked to be allowed to open that default and come in and defend, as the judgment in that suit would bealmost fatal in the suit brought by her. on one motion to open the default she was defeated, but a motion to have her motion reheard was granted by Judge Lawrence, who was inclued at once to open the default, and retrained only because the notice of motion might have misled the other side. Edwin J. Tomlinson of the firm of Randall & Tomlinson has appealed by hábeas corpus and certiorari to Judge Sedgwick, in Superior Court, Special Term, for his re. lease from imprisonment, and has succeeded. Ellen Haggarty, one of the employés of the firm, who are bookbinders, sued them, in the First District Court, for $7 25 wages. She won her cause, and, under the Women's Employment act, Judge Caliahan of that court issued au execution for the judgement, swelled by costs to $16 75, with an alternative order for the arrest of the defendant Tominoson, who took steps for an appeai, but his appeal bond was not filed in proper form until Saturday last. Meanwhile he was arrested. The trial of the suit of Thomas Clark against the Central Park, North and East River Railroad Company for $10,000 was begun yesterday before Judge Larremora, in Com. mon Pleas, Trial Term. The plaintiff is a man over 70 years of age, and was a laborer on the pipe-laying work in the lower part of the city in 1874. He eatered a car of the defendants, and he claims that while he was attempting to get off the car started and threw him heavily on his side, breaking one hip and disabling him for the rest of his life from working. The case is still on. James M. Smith appears for the plaintiff; Mr. Bookstaver and A.J. Vanderpoel for defendants.


Article from The New York Herald, February 8, 1877

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Article Text

DECISIONS. SUPREME COURT-CHAMBERR By Judge Donohue. Matter of Bohen.-Memorandum. Matter ot Beebe.-Bond approved Waterbury vs. Bouker.-Motion denied, without costs. Marsh vs. Marsh.-Decree of divorce granted to plaintiti. Matter of Beebe and matter of Hoffman.-Granted. The Mechanics' Savings Bank vs. Carman.-Motion denied. Memorandum. Jamieson vs. Jamieson.-Motio to discharge denied. Memorandum. Jamieson vs. Jamieson.-Motion denied, without costs. Memorandum. Brennan vs. the London and Liverpool and Globe Insurance Company.-Granted. Memoranduin. Mount vs. Warner.-Re confirmed. I do not think the parties are entitled to tees 10 a greater extent than the referee makes them. By Judge Van Brunt Tyng vs. Clark.-Motion granted and allowance ot $200. By Judge Lawrence. Martin vs. Hicks.-Motion for leave to renew motion IS granted. Matter of Kirkland.-I wish to hear counsel. The Marine Bank of Chicago vs. Van Brunt.-The affidavit presented by Mr. Flandrow shows sufficient grounds lor granting a stay pending the appeal, and it IS accordingly granted. The order for a stay should be a separate order. By Judge Barrett. Van Dolsen vs. Van Doleta-Referee's report confirmed andjudgment of divorce granted. Asniari vs. Newton, and Ollive vs. Brunjes.-Motions granted. Shotwell vs. Mulligan.-Granted for third Friday. Matter of Graham.-Repo confirmed and Mr. James S. Graham appointed trustee. Kneeland vs. Husted. -Motion denied, with $10 costs to abide events. Memorandum. Moore vs. Fairchild.--Mot: granted. Memorandum. Matter of the Bullion Mining Company.-The attorney should see that the day fixed, May 16, does not fall on Sunday. Order granted. The Third National Bank of Sandusky vs. Cornell.Motion granted, and Mr. Edward Hartnagie appointed reierce to pass receiver's accounts. Matter of Clemons, Jr.-The proofs and proceedings before the referee should be appended to his report. Pettibone Vs. The Massacbusetts' Life Insurance Company.-The plaintiff admits the offsets. Now the only issue Is whether the assignment was for value. Motion grauted. Toher vs. Moth-Motion granted on payment of $10 term 1ec, $10 costs of motion and Court disbursements on dismissal of complaint. Hall vs. Braine.-Reper confirmed and decree signed, except as to the allowances. The question as to the amount of such allowance can be reserved until It IS ascertained how much the property brings. Luggettvv. Kreiling.-1 have no objections to appoint Mr. Dunn, but I would prefer that the selection should be left, as the rule requires, to the Court. Besides, Mr. Evers has but little to do with it. The persons really interested are the Kreilings. Matter ot Weinberg.- have examined the law ap. plicable to this case, and my impression is rather in favor of the right to a discharge on putting in and perfecting special ball under the act of 1845. but I will near counsel further before making up my mind. Randall vs. Sackett et al. Alter reading Porter vs. Kingsbury (5 How. 598) 1 am not prepared to say that the demurrer IS frivolous. Indeed 1 would advise the plaintiff not to go to an argument at Special Term, but to amend. The motion 18 denied, with $10, costs, and with leave to plaintiff, if so advised, to amend within twenty days. Burchill VS. Stafford (Nos. 1 and 2), and Burchill vs. Hinman.-Walter J. Stafford should have consented; also other defendants. But as it is only to compute the rule need not be enforced. Matter of Benson.-It is averred by the receiver in his answer, and not replied to or denied, that the'petitioner refused to deliver up the safe (which was an asset in the hands of the receiver). This was a contempt and the petitioner can have no relief until be purges himself. The motion 18. therefore, denied, with $10 costs, but without prejudice to a renewal upon payment of such costs and upon fresh papers showing that the petitioner has made amends by permitting the receiver to recover the safe. SUPREME COURT-SPECIAL TERM. By Judge Van Vorst. Meeks V8. Brinokerhoff et al. Judgment for plain. lift on demurrer, with liberty to defendants to answer on payment of costs. Opinion. Greer vs. Lippincott and another.-Opinion Levy et al. vs. Merril.-Case and amendments settled. Thompson vs. Thompson.-Constructions of and adjudication upon last will and testament of William Thompson, deceased. Opinion. By Judge Barrett. Devlin vs. Shannon (two -Findings settled and signed, and allowance fixed. Phelan vs. Larkin etal.-Findings settled and signed. Bernhard VS. McCarthy.-Findings settled and signed, and allowance of $100 awarded. By Judge Lawrence. Long vs. the Mayor, &c.-Order as settled. SUPERIOR COURT-SPECIAL TERM. By Judge Speir. Smith vs. Cantroll. -The plaintiff must have judg-