15520. Bowling Green Savings Bank (New York, NY)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
savings bank
Start Date
November 19, 1871
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
c4cbc542

Response Measures

Full suspension

Other: Receiver appointed; deeds of property conveyed to secure depositors; criminal prosecutions and civil suits followed.

Description

Contemporary reports describe an extensive run (rumored connection to the Guardian Savings Bank) leading to suspension on 1871-11-20 at 2 p.m. A receiver was appointed thereafter and the bank did not resume as an independent operating institution; suits and receiver actions continue into 1872–1874. Cause of the run/suspension is contagion from other failing savings banks (rumors/connection to Guardian) rather than a singular misinformation event.

Events (3)

1. November 19, 1871 Run
Cause
Local Banks
Cause Details
Run triggered by rumor/rumored connection between Bowling Green and the failing Guardian Savings Bank (contagion from other local savings banks).
Measures
Officers publicly stated the bank could meet obligations after sixty days (reassurances).
Newspaper Excerpt
There was an extensive run on the Bowling Green Savings Bank yesterday, caused by its rumored connection with the Guardian Savings Bank.
Source
newspapers
2. November 20, 1871 Suspension
Cause
Local Banks
Cause Details
Suspension followed the heavy withdrawals driven by the rumored connection with the Guardian Savings Bank and general panic among depositors.
Newspaper Excerpt
Therun on Bowling Green Savings Bank caused a suspension at 2 o'clock this afternoon.
Source
newspapers
3. November 21, 1871 Receivership
Newspaper Excerpt
The Bowling Green Savings Bank is closed up to-day. The police are in charge of the entrance. ... Judge Hogan, who was appointed receiver, will attend and give his report. The receiver of the Bowling Green Savings Bank will report its condition to the depositors on Wednesday. The receiver will pay a dividend or ten per cent to depositors on April 7th (1873). Suits by the receiver against officers and others followed in subsequent years.
Source
newspapers

Newspaper Articles (24)

Article from Knoxville Daily Chronicle, November 19, 1871

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LATEST BY TELEGRAPH. -0 FOREIGN NEWS BY THE CABLE. o Miscellaneous and Washington News. J HOME NEWS. HARDWARE WORKS BURNED. Marine Disasters-Beveridge's Majority. WASHINGTON, Nov. 18.-Penfield & Son's hardware works at Middletown, Conn., were burned last night, loss $50,000. There were two deaths from cholera at the New York quarantine yesterday. The schooner Alice Mary was lost in Petite Passage. The French ship of war Bouvett was lost on Folly Reef. The crew were saved. The 78th regiment leaves Halifax for Queenstown this week. The majority for Beveridge, Congressman at Large in Illinois, is only 19,000. The disguised men who hung three nogroes for the murder of the Park family, met no serious resistance. The assailants beat down two doora of the Charleston, Indiana jail, when the Sheriff Save them the key to the third door. It is understood that the negroes made additional confessions before their execution. Three counties contributed to the men engaged in the execution. The Reporters of New York publish a letter complaining of continued abstraction of goods coming through the custom house, At Prospect Park, Kingston and mate beat Hornet Allen and mate for two thousand dollare. Time-2:19}; 2:17: 20. PPILADELPHIA, Nov, 18.-The Athletics Base Ball Club has received notice from the Champion Committee that the Athletics have been declared champion, and that the white pennant awaits their orders. The Guardian Savings Institution on Chatham street, New York, has failed. Tweed was the President. The Trustees say the assets were abundant, though not immediately available. The crew of the vessel P. C. Sperman are wrecked on Lake Erie. All are safe except the chambermaid, who died from exposure. The crew drifted twenty hours in an open boat. Several of the crew of the City Mexico, from Havana, have been arrested at New Yord for smuggling cigars. NEW YORK, Nov. 18.-Judge Gilbert has de nied the application for a writ to compel the Brooklyn Board of Canvassers to reject the returns of certain districts of Brooklyn. An extensive run on the Bowling Green Savings Bank was caused by its rumored connection with the Guardian Savings Bank. SAVANNAH, Nov. 18.-Heavy frost this morming, the fourth of the season. Weather decidedly cool. The fair of the Industrial Exposition which opens here next Tuesday, promèses the 8 complete success within all departments. The very full attendance promises to be unusually large. NORFOLK, Nov. 18.-The steamship Equator, from Galveston to New York, putin here short of coal. She sails' in the morning. She experienced stormy northeast gales the whole passage. NEWBERN, N. C., Nov. 18.-The steamer Mary Sanford, on a voyage from Wilmington for Philadelphia, sprung a leak and was beached at Cape Hatteras, with sixty feet of water in the hold. She took fire immediately after reaching beach and burned to the water's edge. The vessel is a total loss. A small portion of the cargo was saved. No lives were lost.


Article from The Portland Daily Press, November 20, 1871

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BY TELEGRAPH t TO THE DAILY PRESS. NEW YORK. f Arrival of the Grand Dake Alexis. NEW YORK, Nov. 19.-Alexis has arrived. The Russian Irigate Suetland, Capt. Kremer, S Vice Admiral Possiet chief of squadron, anchored off the lightship shortly before midnight Saturday. She is of 3090 tons, mounts 10 guns and has 360 horse power. She left Madeira Oct. 10th and experienced strong head b winds and heavy seas nearly the whole passage. The crew received with loud cheers the news of the safety of her consorts already in 3 the harbor. The Ring and the Banks. NEW YORK, Nov. 19-The trouble in the Guardian Savings Bank is said to be owing to the withdrawal by Tweed of a large amount of city and county funds deposited there, rendering the bank unable to cash a check for $70,000 1 preseuted Friday. The bank has been placed in the bands of A. J. Rogers, public administrator. It long been knewa as Tweel's bank, its executive committee being Owen W. Brennan, E. C. Wilbour. James H. Ingersoll, G. Putnam and T. BrennanThere was an extensive run on the Bowling Green Savings Bank yesterdav, caused by a rumored connection with the Guardian Sava ings Bank. b A later dispatch says that speculation ia ta Hannibal and St. Josepb Railroad stock by the officers and the odium of a connection to with the Ring have been the causes of the susfl pension of the Bowling Green Savings Bank. The bank will be able to meet its liabilities 8 after a while. Mr. Lowe is said to have been appointed receiver. The depositors are mostly bl poor peop'e. The officers of the National Savle idgs Bank, which has had a run, say that it is d all right. Richard M. Tweed is a director. It p is also reported that the Yorkville Savings 1 Bank has borne a heavy run and that the assets are entirely insufficient and a crash is inevitable. The officers contradict the statement. p Reception of Alexis. 20 b The reception of Alexis takes place to morh row uuless it is stormy. The committee will SI start at 10 'clock in the forenoon on the steamer Mary Jewell, and expect to reach battery on bl their return with the Grand Dake about two 3 in the aftetnoon, and will proceed thence in W carriages to the Clarendon Hotel. Gen. Shaler ir has ordered the first and section divisions of the national guards to assemble at 1 30 p. m. Further Particulars. 11 We are indebted to the Tribune for the following: The Russian frigate Suetland entered the lower bay at noon. attended by the revenue en cutter Northerner. Approaching the AmeriU 0 can squadron at Horse Shoe she fired a nationU a salute of 21 guns, which was quickly reU sponded to by the Congress, Severd, IrequoU quois and Kansas, each vessel dipping her colU The ors as she passed to her anchorage. U Grand Dake appeared on deck and bowed reU peatedly to the salutes of the American officers C Admiral Rowan was received with all the honors on the Suetland. The frigate met with St a storm off Hatteras on the 10 b, which lasted W P: till Friday night when an observation showed N her to be 40 miles off Cape May. Now for Jenkins. E E Alexis was dressed in the simple uniform of H a Lieutenant. He is tall and strongly built H and has the air of a gentleman. He is of clear R complexion, has light blue eyes, speaks EngM lish quite fluently, but appears to prefer L French. it Various Matters. di OF Applications were made at the British ConCI sulate yesterday by three naturalized citizens CI for permission to resume their allegiance to M Creat Britain. Pi Ex-Attorney General Hoar left yesterday for Washington. ci: Oe The Williamsburg Mormon Church is breakU ing up. Most of the leaders have gone to Utah. U Mrs. Allen Young, said to be a victim of an U abortionist named Palmer, of Williamsburg, 0 was found in Broome street last night in a critical condition and sent to the hospital. e


Article from Worcester Daily Spy, November 20, 1871

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Talk That of Representation Russian Royalty has arrived- The Bank Trouble Confessional Instituted by an Episcopal Clergyman, etc NEW YORK Nov 19 The committee on board county testimony for Mr of votes rast in twentieth ward of the ontested election the both M Mr that the the tenth. thi thrown M. Bixby the his successor in the depart are reported to Hal of fellow and being because just when they no had formed to have friends his by the admits that he has directly or indirectly out of offer men to bet would be not here two be reorgar will and then resigned with the ring new the and believed that plans no are Tweed retires from the Metropolitan to have transferred all his stand bank wasn born in Me the Suel fill the who been has tendered the publihopes he will accept the office Hall distinctly and quivocally denies has the Boss the with that one friends shall be appointed as his frigate The Russian Possiet 4090 Saturda horse 860 already of her came land office health Battern carriages the ordered the assemble the to-day sav Alexis looks quite ro indebted to ribune T the the for folThe Russian frigate the fired Iroquois Severn Kan and as she off Hatteras on the night four uniform has the light He English speaks prefer French. the the of duke Murphy, other frigate nine telegraph of his arrival, Rowan 122d buildings on the late by Charles burying 000. Loss Patrick Barry died Friday from eating herrondon steam on the been wit regnated part The case. the ting of the of City been arrested for smugglin ng cigars from committee have of the grave Bishop Beirut, ria. heriff the of yet his bail bond for Tweed I'weed filed the reme court that New York as the only place the gang surprises and one of while of the Jamesburg bank. New Bruns The union Friday night voted Wendell lecture Phillips Notices labor been have joiners unions will withdraw from union, the latter is being used mostly to advance the interests of poliSince the Bowling Green savings bank paid closed and doors funds its half-i another bank National reported in ritical lateness the Owing hour the obtain either verification or the denial rumor rets during the past week active and higher. Flour and wheat both demand been good at slightly quotati but were dull the Pork more active and higher Cotton dul been Mayor Hal has appointed James W Gerard of public schools in place of Isaac The police made 1,884 arrests during the The vital statistics for the past week are Births 432 209 and deaths. 420 o'clock vesterday morning number tow of Bell the came the name The the In time short trifling damage the canal free from boats. and pro some board boats. the bullet of the canal Hill, boat dange and probably fatal Hill taken first precinct to the staval he was place which sen


Article from The Wheeling Daily Intelligencer, November 20, 1871

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BOWLING GREEN BANK SUSPENDED. Therun on Bowling Green Savings Bank caused a suspension at 2 o'clock this afternoon. The officers of the bank say that at the end of sixty days it will be able to meet all demands. OTHER BANKS THREATENED TO-DAY. It is reported that there will be a run on other banks Monday. A THIRD SUSPENSION. The National Savings Bank also suspended to-day, making three in all. EXCITEMENT ABOUT TWEED'S BANK. There was considerable excitement about the Guardian Savings Bank to-day. The depositors were assembled in large numbers around the bank, though no demonstrations were made. The friends of Tweed tried to pacify the crowd by saying that the bank would resume on Monday. Prominent Tammanyites have had official connection with three of the suspended banks, Tweed being President of the Guardian Bank, and Police Commissioner Henry Smith, of Bowling Green, in the office. SMALL-POX. / Nine new cases of small-pox are reported to-day. This makes thirty-nine cases since Saturday last. QUARANTINE CHOLERA. The cholera at Quarantine is now supposed to have been subdued. No deaths have occurred since Thursday. The Humboldt, of the same line as the Franklin, expected to arrive on Tuesday. it is feared, will have a portion of the disease on board.


Article from The Wheeling Daily Intelligencer, November 20, 1871

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the late storm, Ten yesterday aircrhood, burying Charles Nelson, a laborer. Loss $15,000. e DIED FROM EATING HERRING. Barry died yesterday eating Patrick brought London, from by herrings from steam d ship Deventer, which had become im with arsenic, part of the The health are preguated cargo. the case. which authorities was investigating Several of the crew of the steamship City of Mexico were arrested for smuggling cigars from Havana. SUSPENSION OF A TWEED BANK. The Guardian Savings Bank has been placed in the hands of A.J. Rogers, Pub lic Administrator. It had long been known as Tweed's Bank, and had as Executive Committee, Owen Brennan, E. C. Wilber, James Ibgersoll, G. Putnam and Brennan. ART SALE FOR CHICAGO. The sale of the works of art for the of Chicago artists, is postponed till and importers in city of Clark benefit next & Monday Schultz, Tuesday attention this Messrs. a letter calling the community to ued of goods publish the mercantile abstraction coming the through contin- New the Custom House at Middletown, York The Superior Court has granted against the Roundout restraining ny from interfering with the Oswego two injunctions Railroad, stock the compa- of of the the road or from disposing in any way property. The charge is that the Directors have been guilty of misconduct. TWEED'S DEMURRER. Charles O'Conor says he has Tweed's very lit tle doubt that the demurrer of suit will be overruled. The German Republican Central Com- the mittee, last night resolved that in future they would throw their support ask the scale of public integrity. They repeal of the present city charter. NEW ELECTION LAW. to to The Committee of Seventy intend law present a draft of a new election the next Legislature for adoption. THE CHOLERA SHIP. The passengers on the cholera ship of Franklin, say that the breaking out disease was due to bad water, The unthe and lack of of coal on the steer cleanliness, insufliciency provisions. steamer the made to use the trunks of into port. age it necessary passengers for fuel, to bring her THE TURF. the Fleetwood Park yesterday, Grace in At for five hundred dollars, wagon, Bertain a match to harness, beat Topsy $500, to time 2:35: secend race for of Ages. was best William, beating 'Rock won by At Prospect Park, yesterday, Kingston 3:07) for $2,000, was won by and mate, match mate, beating Honest Allen time, and 2:19 2:17t, 2:181,2:00. JAY GOULD. the with yet*filed bond. Sheriff Jay Gould his withdrawal has not from Tweed's DEMAND FROM TWEED. Tweed has filed a demand his asking case that be for the trial of York. changed the place, from Albany to New At a meeting of the were Workingmen's given that last night notices withdraw, as Union trades unions would by politiseveral the association was being used cians. TWEED'S BANK COLLAPSED. Bank The WHY collapse owing of the to the Guardian withdrawal and by is Tweed rendering said to money of be a large deposited amount there, of the for city $70,000 the county bank unable to cash checks presented yesterday. EXCITEMENT ON LONG IBLAND. is great exeitement at Hunter's concernthe ing religious Point, V There L I., owing question to differences in the public schools Brooklyn this morning Judge the Gilbert Board In mandamus to compel election refused Canvassers 8 to reject the returns of the Sixth District appointtion Mayor Commissioner Hall has tendered of Public the place Instruc- of ment to of James W. Gerard, The in Mayor deIsaac C. he Bell, has resigned. Tweed's resignation. nies that ANOTHER TAMMANNY BANK Green RUN An extensive ON run on was the Bowling caused by its rumored Savings Bank connection to-day with the Guardian Savings MAYOR Bank HALL PLAYING reported IT about FINE. the It was currently that Henry Stebbins, Hall and Edwards City Pierrepont, today upon by Mayor Horace the Hall Greeley vacan- and were agreed Green for Hall Deputy Comptro Park Commission. Mayor the reformcies in the to ally himself with reform Dem ocrats ers, is seeking and to is accept trying the to get places some recently made vacant. TWEED'S RESIGNATION. The to the CONCERNING News, Ben. Wood's denying paper, that he has Tweed has handed says, in Eeening respect that Tweed's resignation Mayor's was his given resig "We Mr. on reiterate Mayor Hall. This whom of the condition nation to that shall gentlemen be appointed Works." Boss Tweed named of the Public this Department MORE PAPERS DESTROYED. afternoon Peter B. Sweeney process was on behalf with n the said served Miss Mansfield, legal possession, demanding which garrender the are Erie of papers in his and Tweed in has deimplicate him that Sweeney schemes. to It is said alluded to. schooner stroyed the a coffision papers this between morning, a on the North and During some river, canal a pistol boat was fired at the canal


Article from The Wheeling Daily Register, November 20, 1871

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NEW YORK. The Cholera. YORK, November deaths from cholera NEW additional yesterday, of victims being at present no were at the two quarantine two hospital, children emi- the are reason to grants. the to There The apprehend majority appears the of spread those recovery now of ill disease. a condition favorable Tweed's Bank. Suspension in of savings bank, of which and The Geardian has suspended. The bank will be Tweed a receiver ample is president, securities, been appointed. and the depositors has Bowling paid. Green Savings begun Bank. on the swarming run bank was preThe Green savings announcement late last Bowling by the the Guardian the failure throughcipitated night of which continued of dollar in the it savings bank, day until every out, rendering out the had been paid the bank depositors. privilege bank to claim from end of will sixty that to meet all necessary The of officers days they claim notice be able savings at the bank, a demands. is also days The National in sixty on Broadway, reported critical condition. Bank Robbery. No. Daring Trust Company, hours, The Union was rebbed last a evening most daring the A two after Broadway, bank little after in 3 P.M., respectable when entered manner. clerks were busy, and asked for They strangers the President. when they Frothingham, his room, in were directed to by Mr. Frothinghawas name were admitted stated that his to borrow person. Edwards, One and thousand that he wished dollars. engaged While three or four President were loan, his 100 the into of one sand companion he tling and the preliminaries slipped bonds of Montreal an the adjoining thou Railroom and of the desk. company, left. an road dollars seized after each lying on the Suspicion dispatched aris- The one two shorth Frothingham and the ing, Mr. the strangest but the officer after Edwards was bonds stolen been cannamed other escaped. negotiated, The as notice of the has company, them. given not be by the President might buy but ignorant of the ment Resignation Tribune persons is authority Tweed, well for informed statethat it is tendered The Tweed asserted has Hall. in At a late his circles that to Mayor Tweed and Mr. 8th resignation interview between the Hall, inst., been Francis chosen Sweeney on is said to have M. Bixby successor. Members by Tweed as his Appointmentroller Hall and to fill the Mayor have agreed Deputy by vacancy appoint- PierGreen the Park Commissioner words Stebbins, It is said aounced in pont, ing Henry and G. Horace will Greeley. be week. officially anThe the appointment some next Suit. Mansfield this alternoon A legal process B. Sweeney, was in bebalf surrenaerved upon P. demanding the which Miss Mansfield, in his possession and William said der of papers to implicate scheme. him It alluded is Sweeney destroyed are Tweed said in the Erie the papers sired by ed been II. C. refused; to. Hambletonian, Babcock Ellis. three Christened. was An yesterday30,000 offer of colt, christen- for him has corpus. prize and Tim Catlin Habeas and of whom Billy Edwards, were sent engag to fighters, both fined $1000 taken each for into the of ing in a Monday, on release, on Supreme prison fight, Court, will to ask be conviction their a writ was habeas corpus, that their was not committed within the The Race. legal, the ground as the jurisdiction offense of the Court. Ameri unfinished trot Allen between was finished in 2:22). can to-day, The Girl the and former W. H. winning the heat Labor Reform. committee Organization In a letter Wilson, of to Labor the of Reform, Massachusetts, his views at West says ton, Senator that he can't, in the with movement. well He as is by learned the end propriety, Republican join and has conviction hardships as by experi- poor doomed into being and lift from of owners the do nothbrows of and he Senator a ence are the party powers association, the came trials toil, to working would suffer. of labor. The work. to Republican crush dishonor the Ohio, to endanger Alabama, and sympathizing Spencer, ing of letters the of of with enforced work. wrote November that 19.-Shortly S. last F. night, Cary, the NEW YORK, of midnight,1 with before the hour frigate Svettana, Alexis on Russan Grand Duke lightship in the long expected arrived off the she the anchored for board, where arrival city of the the the night. lower known bay, The in news the The of her until officers is well an early on not this morning. that all satisfaction Svettana hour board, the other and report express vessels much in of harbor. the squadron Octo- The that safely Madeira on ber had arrived from strong Svettana 12, gailed and had rough experienced weather nearly


Article from The Daily Dispatch, November 20, 1871

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Affairs In New York. NEW YORK, November 18.-There was a run on the Nationaland the Bowling Green Savings Banksto-day. The latter, of which Henry Smith, the police commissioner, is president, suspended payment at 2 o'clock P. M., having exhausted its capital of $50,000. Its officers claim that at the end of sixty days the bank will be able to meet all demands. The National Savings Bank is also reported to be unable to stand the pressure and to have closed its doors before the end of business hours. There will be a run on other banks on Monday. The Guardian Savings Bank, previously reported suspended, has its portals barred, and all entrance to the building is denied. Notice has been given that the painters, bricklayers, house-smiths, stair-builders and joiners unions will withdraw from the Workingmen's Union, as the latter is being used mostly to advance the interest of politicians. Judge Gilbert has denied the application to compel the Brooklyn board of canvassers to reject the returns of certain districts in Brooklyn.


Article from The Wheeling Daily Register, November 21, 1871

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tion was to adjourn sine die without counting the aldermanic vote, served on the President of the Board a peremptory mandamus, commanding them to proceed at once to count the aldermanic votes. This mandamus was disregarded and resolutions were passed directing the corporation counsel to appear tomorrow morning before the court, and argue the legality of the rights of the present Board. From this action it is thought the old Board do not intend to quietly resign their seats to the newlyelected Board. Small-Pox. There have been twenty-three cases of small-pox reported since Saturday DOOB. Richard B. Connolly resigned his position of Controller of the city of New York to-day, and the Mayor immediately appointed Deputy Controller Andrew Green to fill the vacancy. The Sheriff this forenoon returned to Judge Ingraham the orders for the arrest of Ingersoll, Woodward and Garvey, all being beyond the limit of his power. Garvey is, without doubt, in Europe, and can only be brought back on a criminal process. Woodward is in Canada, definite information of that fact having reached the Sheriff's office. Ingersoll is in Jersey City, where he can defy the civil law. The Banks. The Bowling Green Savings Bank is closed up to-day. The police are in charge of the entrance. The Guardian Bank remains closed. There was a slight run on the National Savings banking house on the streets this morning, but all demands were met. A notice has been bung up in the bank that it is abundantly able to pay all depositors in full.


Article from The Charleston Daily News, November 21, 1871

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THE SUSPENDED SAVINGS BANKS. NEW YORK, November 20. Hon. Edward Schell has been appointed recelver of the National Savings Bank. It is believed that the Guardian and Bowling Green Savings Bank will be enabled ultimately to pay in full.


Article from The New York Herald, November 21, 1871

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speaking the "Poor Boy of the Ring" came in, smiled sardonically upon the reporter and puffed his regalia. "How is the Commissioner! 1 have called to see you." "I am too busy," Smith responded, "But how about this statement of your bank?" asked the reporter, pointing to the open page from which the above figures are obtained. "Figures 1" exclaimed Hank; "don't show 'em to me! I am too busy "Well, IS this your bank?" "It is." Here the reporter observed that the sign gave the name of the bank as the "National Savings Bank" and checks covering the counter as the "National Savings Institution." He asked:"Well, Mr. Smith, how about the Bowling Green Bank?" The answer came with a smile and a hiss:"I don't know. I can only run one at a time. We will pay every depositor." The reporter promenaded Broadway, wondering how "a Ring bank" that only has ostensibly deposits of a little over $2,000 requires the presence of the sharpest police officials to prevent a run. Another of Hank Smith's Concerns. The "Poor Boy" is President of the Bowling Green Savings Bank, and Reeves E. Selmes is the Secretary. Their last report to Howell, Superintendent of Banks. shows:RESOURCES. Bonds and mortgages $193,863 64 State bonds 25,000 00 Loaned on public stocks 212,677 77 Loaued on railroad, national bank, life insurance, safe deposit companies and New York, stock 86,572 86 Loaned on personal securities 46,416 26 Cash on deposit in bank or trust companies 42,223 76 Cash on hand not deposited in bank 37,157 56 Total resources $643,911 85 LIABILITIES. Amount due depositors $643,911 85 Principal $630,911 80 Interest credited 1st January, 1871 13,000 05 $643.011


Article from Public Ledger, November 22, 1871

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NEW YORK. NEW YORK, November 22.-Judge Bedford reconvened the Grand Jury today, and uged upon them strongly the necessity of action in relation to recent exposures of city frauds. In concluding his charge, His Honor said: "Your body is omnipotent; you are responsible to nobody; you can send for witnesses and for papers, and can command the strong arm of the law to compel obedience to your summons. I would suggest that you send for such men as Charles O'Conner, whose great and fearless abilities have been brought to bear in the investigation of these frauds and the prosecution of the perpetrators. This is an important duty, gentlemen, and one which should be fearlessly performed." Judge Hilton retires to-day as Commissioner of Parks. He will discharge the duties of treasurer at his private office until a successor shail have been appointed. It is understood that H. G. Stebbins and William Blodgett will be appointed as commissioners. It is announced that none of the depositors in the savings banks which recently suspended payment will lose their money. The banks will meet all claims. The Bowling Green Savings Bank will settle up its affairs on Thursday. Jas. Fisk, jr., was presented to the Grand Duke Alexis after a serenade last evening by the band of the Ninth Regiment, at the Clarendon Hotel. The building was surrounded by an immense crowd. The Grand Duke, with his staff and Minister Catacazy, appeared on the balcony of the hotel during the entire serenade. He remained at the hotel all the evening. He leaves for Washington this morning at eleven o'clock. The Grand Duke Alexis and suite left . at 11 a.m. for Washington. A dispatch just received here states that the steamer City of New London, running between this city and New London, Conn., while on her passage through Long Island Sound to New London, last night, was burned to the water's edge. The dispatch states that the captain of the vessel and a large number of passengers were drowned. This intelligence has caused great alarm and excitement among the friends of the passengers on the ill-fated vessel. A later dispatch states that it was the freight boat City of New London that was burned on Long Island Sound last night, and not the steamer of that name, as at first reported.


Article from Daily Kennebec Journal, November 28, 1871

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BY TELEGRAPH -TO THEDaily Kennebec Journal. News from New York New York, 27. Connolly was not bailed this afternoon. Washington Connolly, Michael Turney, Thos. J. Cahitt, John Morrissy and Barnard Kelly were unable to justify in the required amount. Henry Hart, it ap pears, declined to furnish security, his brother and partner refusing to assent to assuring so large a responsibility. The gentlemen who have entered bonds thus far, are Governor Hoffman, $200,000; Washington Connolly, $100,000; Thos. B. Connolly, $100,000; Charles Connolly, $200,000. It is said that Connolly will be permitted O occupy rooms at the New York hotel & reasonable period; but if bail is not then obined we will be committed to the Ludlow street jail. Rumors say that Tweed has resigned his ffice as commissioner of public works, and that Francis M. Bixby has been appointed his successor by Mayor Hall. It is said that the prospective arrest of Peter B. Sweeny will be the result of the investigation of Jackson S. Schultz, into the Tairs of the Nasau Bank, from which it would appear that large amounts were deposted therein to the credit of J. M. Sweeny, at the same time that Woodward deposited for I'weed in the Broadway Bank, and that these moneys were really for Peter B. Sweeny. The great sugar case of the United State VS. Weld & Co., has been postponed till Dec. 15th. The Receiver of the Bowling Green Savings Bank will report its condition to the deposiore on Wednesday. Clara Louise Kellogg has closed a contrac. to sing 20 nights in San Francisco for 810,000 in gold. A burglar was caught this forenoon in the act of robbing Tiffany & Co., of $10,000 worth of watches. There were ten new cases of small pox and four deaths to-day. There were 153 deaths from small pox in Philadelphia last week, and 92 new cases were reported yesterday. John McCummiskey, a tinsmith, was beaten, probably to death, last night with base ball clubs by four men. Capt. Tremont of schooner Margaret and Laura, (late Tremont), died on the passage from Rondout to Boston, of consumption. His body has been sent to Boston. The chooner is in charge of the first mate and will proceed on her wav. The tug boat Geo. Farrel was run down and sunk off Sandy Hook this forenoon by a ark bound out. The captain and crew were rescued. The Grand Duke Alexis and suite attended he opera at the academy of music to-night. and were enthusiastically received by the aulience while the band played the Russian national hymn. At a late hour to-night Connolly procured $900,000 bail.


Article from The New York Herald, December 13, 1871

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SUPREME COURT-CHAMBERS. The Bowling Green Savings Bank. Before Judge Cardozo. In the Matter of the Bowling Green savings Bank:-Application was made by the Receiver for leave to commence suits and proceedings to collect the assets of the bank. The application was granted. Decisions. By Judge Cardozo. In the Matter of John G. Lamberson.-The exceptions are overruled. Mary Bronson vs. John Townsend et al.-The motion is too late. Denied, without costs. In the Matter of the Application of Levi Gray et al.-Motion granted to extent of $500; no costs. Topping et a. vs. Ferguson et al.--Motion granted. In the Matter of Ellen M. B. Connolly.-Application granted for confirmation of sale. Merwin vs. Merwin et al.-Contirmed by default. Amelia A. Dietz vs. John Dietz.-Motion granted for payment of counsel fee and alimony, Pomeroy vs. Mortimer.-Motion granted. same vs. same.-Motion to amend granted on payment of $10 costs. Maru E. White vs. William E. White.-Motion denied, with leave to renew on further proofs. same vs. same. - The father should be permitted to visit the children. Time and place will be designated in the order. Pendergast et al. vs. Boist.-Findings and decree settled. Luke vs. Harrington et al.-Motion granted arresting injunction. Luy et al. vs. Thompson.-Plaintiff may enter judgment; levy to stand as security. Defanit to be opened, and cause set down for next Friday. Defendant to pay $7, cost of motion. In the Matter of the Petition of Fanny M. Orms. by.-Memoranda for counsel. Granam vs. Meyer et 1.-Same. Gopstii vs. Healin.-Motion granted on payment of $10 costs. Ingersoll vs. Roe.-Memoranda for counsel. Chase vs. Winant.-Motion granted without costs. In the Matter of the Petition of Patrick Tracy to Vacate Assessment.-Memoranda for counsel. Andreas vs. Church et al.-Motion denied. Costs to abide event. In the Matter of the Petition of Robert McCarter et al. to Vacate Assessment.-Memorand for counsel. winch vs. The Mayor et -Taxation correct. Hawley vs. Dorman.-Motion denied. Costs to abide event. Valentine, Receiver, vs. Thistle et al.-Referred back. Snow et al. vs. Rice.-Motion granted unless paid within five days. Fettritch US. McKay.-Motion granted. Brown vs. Ellis.-Costs of motion to abide event. Maccilm US. Allen.-Motion denied; costs to abide event. Butter vs. Torbet et al. -Order granted. Lowden et al. vs. Lowden et al.-Findings settled. Littell vs. Quackenbush.-Order granted. Low vs. Goodridge.-See memoranda of decision. In re Wilmerding et al. vs. M. H. Powler.-Same. By Judge Brady. Smith vs. Davis.-See memoranda of decision.


Article from Evening Star, January 22, 1872

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The Run on the New York Savings Banks. NEW YORK, Jan. 22.-There is a large crow4 in Nassau street, composed of depositors in the Market Savings Bank. Cries of "Swindlers," "Robbers," "Highwaymen," are frequent, but no overt acts are committed. Excitement is visible on all countenances. No one is admitted to the bank but the receiver and officers of the broken institution. The general impression is that the statement will show unparalleled knavery. The retrenchment committee have decided to stay here another week. The run on the Third-avenue Savings Bank ceased to-day. A depositor to-day petitioned that the Bowling Green Savings Bank be declared bankrupt.


Article from Worcester Daily Spy, January 23, 1872

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Our New York Dispatches. More Light on the Custom House Business-A Murderous Assault-From the Episcopal to the Catholic Church, etc. NEW YORK, Jan. 22.-There is a large crowd in Nassau street of depositors in the Market savings bank. Cries of "swindlers, robbers and highwaymen," are frequent, but (no overt acts have been committed. Excitement is visible on all countenances. No one is admitted to the bank but the receiver and officers of the broken institution. The general impression is that the statement will show unparalieled knavery. The run on the Third Avenue savings bank about ceased to-day. A depositor to day petitioned that the Bowling Green savings bank be declared bankrupt. The retrenchment committee resumed their sessions at their hotel this morning. George K. Leet testified that he came here in the spring of 1869, had been engaged in the general order business the past nineteen months; began the business by a partnership with Bixby through an arrangement engineered by Mr. Lindsay, confidential adviser of Grinnell, by which he (Leet) received $5000 per year of the profits because he enabled Bixby to get the business through his influence with Grinnell. In answer as to what induced Grinnell to give him the business, Leet said he was introduced to Grinnell by a letter from President Grant, as follows: EXECUTIVE MANSION, WASHINGTON, March 9,1869. W. H. Grinnell: Dear Sir-This will introduce to you Col. G. K. Leet, who served under me from early in the war to the present dayfrom the fall of Vicksburg forward as a staff officer. He is a business man of unquestioned integrity. His experience before the war fits him for business of almost any kind. He now proposes to resign from the army to engage in private life, and I cheerfully commend him as possessing all the qualities necessary to insure confidence. Yours truly, U.S. GRANT. (Signed) Leet continued-The profits annually from the general order business were from five to eight thousand dollars; resigned from the army in February, 1870; when the president gave him the letter to Grinnell, did not tell him I was going to apply for the general order business. At the evening session, the examination of Col. Leet was continued. He remembered having written to Mr. Lindsay to come to Washington in reference to an investment in San Domingo; while receiving about five thousand dollars from Bixby, his salary from the army was about twenty-eight or twenty-nine hundred dollars; he never made any threat against Grinnell; the rents for the stores of Leet & Stocking are $19,000; the profits of the concern amount to $58, 000, In starting business witness put in $1000 and Stocking $500. J. D. Bradley delivered a sermon yesterday in the Forty-third street church (Episcopal), announcing his secession and his adoption of the Catholic religion. He was educated at Oxford university, England, John Glass was assaulted, stabbed and cut in seventeen places last night by James Costello, for abusing the latter in a vituperative manner. Glass presented a shockingspectaelo when taken to the station, being covered with blood. His face and head are hacked lawfully. The assault was made with a large carying knife which Cos. tello was using in his restaurant, where Glass had just ordered supper, Glass will die. He was once in the state prison for killing a policeman, and the attack upon him by Costello last night was not made until he hud been threatened and abused beyond all endurance by the scoundrel. A policeman who was requested 19 put Glass our of the saloon was afraid to do so and sneaked away, Costello is known as a quiet and peageable man. Forty thousand citizens signed a petition for opening the Cooper institute library and reading room on Sundays. Jacob Wetzel shot Enima Behrens in a con cert sajoon this morning ap6 King's distillery at WiHiamsville w to thejamount of $15,000 by fire yes Mr WM. . sured. crem this & CO. Michael Fittner was fatally assaulted


Article from The New York Herald, January 23, 1872

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THE GUARDIAN AND BOWLING GREEN SAVINGS BANKS. Walter Roche, Vice President of these Institutions, has given a deed to Jeremiah Quinian, Joseph J. Donohue, Mathew T. Brennan, Francis Higgins, Henry Mccudden, Jr., Gratz Nathan and James H. Coleman, of property, valued at $347,000, to meet the demands of depositors in the Guardian Savings Institution, but securing in the first place the gentleman just named, by giving them the preierence. Mr. Donohue is trustee for $90,000, the fund of the Founding Asylum. It is stated that all depositors will be paid one hundred cents to the dollar in a few days, and Mr. Quinian, the receiver. will shortly begin to make payments. Mr. Reeves E. Seimes, Secretary of the Bowling Green Savings Bank, has given a deed absolutely to the bank, its receiver or legal representative, of property valued (deducting mortgage) at $200,000, to secure the depositors. Mr. Walter Roche is also the Vice President of the Bowling Green Bank. A meeting of the depositors of the Bowling Green Bank will be held at eight o'clock this evening, at 72 Greenwich street. Judge Hogan, who was appointed receiver, will attend and give his report.


Article from The New York Herald, January 24, 1872

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# BOWLING GREEN SAVINGS BANK. Indignation Meeting of the Depositors-Report of the Investigating Committee-Officials of the Bank Denounced-Criminal Proceedings to be Instituted. A meeting of the depositors of the Bowling Green Savings Bank was held last night at 72 Greenwich street for the purpose of hearing the report of the committee appointed to investigate the affairs of the institution. There was a large attendance, and the proceedings were listened to with deep interest. Judge Hogan presided, and in calling the meeting to order said that at a meeting of the depositors of the bank held some time ago a committee was appointed to examine into the affairs of the bank. That committee consisted of five persons, with the chairman of the meeting. Subsequently that committee delegated their authority to Mr. Phillips and himself. Two or three weeks ago Mr. Phillips was called away. At the earnest solicitation of many of the depositors he (the Chairman) undertook to examine the affairs of the bank himself at that point where Mr. Philips had left off, and he was enabled to present the condition of the institution so far as he could ascertain. He desired to say that if any person had suffered hardship by reason of the bank suspended he had suffered owing to the fact that those who had managed its affairs did not live in the neighborhood, and many of the de-


Article from New-York Tribune, February 5, 1872

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BANK DEPOSITORS' GRIEVANCES. About 1,300 depositors have signed the petition protesting against placing the Market Savings Bank in bankruptcy. Mrs. 8. F. Mackey's petition to have the bank thrown into bankruptcy came up before Judge Blatchford on Saturday. Counsel for the bank stated that he had arranged with counsel for the petitioner for an adjournment for one week. Two new petitions of a similar nature were presented and pronounced imperfect in form. James H. Montfort of Green Vale, Long Island, called upon a member of the Depositors' Investigating Committee on Saturday, and stated that several days before the failure of the bank. Mr. Van Name told a mutual acquaintance of the critical state of the bank. and said that he had withdrawn his account. In addition to this, Mr. Montfort affirms that Mr. Van Name advised several persons residing in Green Vale to withdraw their deposits, and told the teller to inform his friends in Green Vale so that they might withdraw their money in time. Mr. Montfort states that 15 persons withdrew their deposits some four days before the collapse, others on the day previous, and two. he affirms, were quietly admitted into the bank the day of the failure, when it was closed to the public, and received the amount of their deposits in full. The President, Mr. Van Name, denies the charges. A meeting of the depositors of the bank will take place to-day, in the First Dis trict Court. Mr. Worth, the receiver, is expected to be present and to address the audience on the condition of the bank. The run upon the Third Avenue Savings Bank was very light on Saturday. the number of people about the building and the amount of money withdrawn being much smaller than on any day since the run began. Many of the depositors drew out portions of their accounts, and others withdrew their interest only. In reference to the petition in bankruptey, filed against the bank on Friday. the officers are confident that it will not be granted. They characterize the proceeding as entirely malicious, and done at the instigation of the party of disappointed politicians who wanted to control this bank, and, failing in which, they have used every dishondrable means to effect its ruin. The Eighth National and Stuvvesant Banks' depositors meet to-day.1 to consider the condition of their banks, the prospects for the payment of dividends, and the prevention of bankruptcy proceedings. Judge Blatchford heard the motion of Aaron May, on Saturday, to have the Bowling Green Savings Bank placed in involuntary bankruptcy. Counsel for the bank said that a judgment had been obtained in the State Court against the bank, dissolving the bank before service in the bankruptcy proceedings had been made upon the Secretary of the bank. The Court held that the service was defective, as, there being no bank. there could be no Secretary, and an adjournment was had to give the petitioner time to make service by publication.


Article from The Daily State Journal, February 14, 1872

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FROM NEW YORK -New York, Feb. 13.-The officers of the Bowling Green Savings bank have been arrested on the charge of misappropriation of the funds of the institution. The vicepresident of the bank has been bailed in $50,000. The Morrisiana Hotel, at Morrisiana, has been burned, the inmates narrowly escaping with their lives. The Methodist preachers here favor a longer term of ministration. The subject will be brought before the General Conference. The French residents have subscribed four thousand dollars during the week to aid in the payment of the German war debt. The receiver for the Sturtevant Savings bank reports enough assets to cover the liabilities. The jury in the Stokes trial was completed to-day, and the court adjourned to to-morrow.


Article from The Daily Dispatch, February 14, 1872

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New York Items. NEW YORK, February 13.-The officers of the Bowling Green Savings Bank have been arrested on the charge of misappropriation of the funds of the institution. The Morrisiana Hotel, at Morrisiana, has been burned, the inmates narrowly escaping with their lives. The Methodist preachers here favor a longer term of ministration. The subject will be brought before the general conference. The jury in the Stokes trial was completed to-day, and the court adjourned until to-morrow. O'Baldwin has accepted the Mace challenge. The French residents have subscribed four thousand dollars during the week to aid in the payment of the German war debt. The receiver of the Sturtevant Savings Bank reports enough assets to cover the liabilities. The vice-president of the Bowling Green Savings Bank has been bailed in $50,000.


Article from The Wheeling Daily Intelligencer, March 30, 1872

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NEW YORK CITY. NEW YORK, March 29.-An offer of compromise by Henry Smith, ex-President of the defunct Bowling Green Savinga Bank, to pay $50,000 on consideration of being released from further liabilities, was accepted yesterday by the creditors. It is said that two of Jay Gould's friends who remain in the Erie Directory will soon resign. The contracts made by the late management are to be re-examined. The case of Judge Barnard before the Judiciary Committee, was closed yesterday. The Judge submitted a protest against the consideration by the Committee of hearsay testimony. At a large meeting of Germans last evening, resolutions were adopted urging the passage of the new charter. Good Friday was faithfully and religiously observed in the churches of this city and Brooklyn. Business for the most part was suspended, and nearly all the public buildingo were closed. The weather was delightful, and the streets were crowded. Although the Stock Exchange was closed, a crowd of brokers gathered on the sidewalks, and several million of dollars in gold changed hands at 1101 and 110. Professor Morse passed a comfortable night last night, but his physicians do not yet pronounce him out of danger. An amendment to the New York charter has been adopted providing that the Board of Aldermen shall be composed of six aldermen from each Senatorial district, and two assistant aldermen from each Assembly district. A later Albany dispatch says the charter as amended has passed the Senate. The Brooklyn small-pox hospital is filled to overflowing. The blockade at the foot of Courtstreet, Brooklyn has been ordered to be removed by Judge Delmar. The situation otherwise is unchanged, and the people threaten to use force to prevent the use of the dock by scavengers. The case of Dutch Heinrich was up to day before the Court of General Sessions. The charge against Heinrich is that he, together with an accomplice, stole from H. M. Baker a box of bonds and other securities valued at fifty thousand dollars. Baker testified he had no doubt that Heinrich was one of the men engaged in the theft. The defense to-morrow will attempt to prove an alibi. General Winslow, President of the St. Louis & Southeastern railroad; General Croxton, President of the Paris & Big Sandy railroad, and those representing other sections of the proposed air line from the south bank of the Big Sandy riqer to St. Louis, have been here several days negotiating, looking to the completion of the line. The road will be finished in eighteen months. It appears that the mysterious order of arrest involves no prominent person, and is a mere private matter in which a good deal of money is at stake. It is reported that Hank Smith paid all the money he is liable for to the Bowling Green Savings Bank, but it proves to be untrue. Francis Herman was arrested to-day, charged with presenting false vouchers with the intention of defrauding the government out of money. There are twelve now cases of small pox in the city; three deaths day.


Article from The New York Herald, April 14, 1872

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SUPERIOR COURT-SPECIAL TERM. --Walter Roche Gives Sail. Before Judge Barbour. It will be remembered that in the two suits brought by Shepherd Knapp, receiver of the Bowling Green Savings Bank, against Walter Rocheone for $66,000 alleged damages for conversion of the funds or the bank, and the other for $65,000, alleged to be due him personally-the latter was required to give $50,000 and $65,000 respectively in the two suits. Bondsmen appeared yesterday for Mr. Roche. Mr. Francis Higgins and Mr. W. O'Connor were accepted as bondsmen, each for $50,000 on the first bond. On the other bond Mr. Henry McCadden justified at $65,000, Mr. Hugh Newman at $32,500 and Mr. Francis Higgins at $32,500. It was claimed by Mr. Knapp's counsel that Mr. Higgins should not be accepted on the second bond, but the Court thought otherwise, and approved the bonds.


Article from The Portland Daily Press, March 29, 1873

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# The Labor Movement. The Brooklyn employing plasterers haye voted to resist the threatened strike. At a conference of the masters and journeymen carpenters last evening the latter refused to accede to the proposition of the former to work by the hour. # An Interview with Oakes Ames. At an interview yesterday Oakes Ames said that he intended to keep the Credit Mobilier bonds, formerly given to Congressman Kelley, until it is decided whether they belong to Mr. Ames. He also states that the books of the company will not be given to the United States Attorney General, but he will be allowed access to them. The company is ready to meet the suit of the government against it. # One of the Railroads Withdraws from the Combination. Mr. Bangs, of the Post-Office Department. states that he has been assured by one of the railways that that road will not withdraw the postal cars, and as this will break the railway combination their attempt to force the Govern-ment into paying their exorbitant charges will doubtless fall thro 1gh. # Investigation of the Goodrich Murder. The coroner's inquest in the case of Goodrich was begun in Brooklyn this afterncon. District Attorney Britton expresses his belief that the woman arrested last night, Mrs. Myers, if she did not commit the murder herself, knows all about it. She admitted that Goodrich paid her rent for her, and in fact kept her. Prof. Boyle does not think that this is the woman he frequently saw on the steps of the De Graw Street house with Goodrich. The mother of Mrs. Myers is reported to be an honest respectable woman. She greatly laments her daughters arrest and says that she was an honest, good girl, and was the main support of the family. She said that her daughter scarcely ever went out evenings. She might have been out some evenings last week bnt she always came home by 10 o'clock. She frequently received letters but never mentioned their contents. Several witnesses were examined, among them W. W. Goodrich, brother of the deceased, who testifled that his brother was largely in-debted to him and deeded him the houses on Degraw street. He frequently called on his brother, and on one occasion saw a woman in the house. Upon one of the jurors asking if he knew who the woman was, the coroner asked him not to press the question at the present time. Adjourned till Tuesday at 11 a. m. The woman arrested yesterday is now in the custody of the coroner and has heen removed to jail. Stokes. Don Cassos, counsel for Stokes, made application to Judge Brady to-day to amend the judgment record of Stokes first trial by insert-ing the facts of the absence of the judge and prisoner during a portion of the trial and the affidavits used on the motion for a new trial. Decision reserved # A Humbug. Barnum has recovered from the ashes of his third destructive conflagration and to-day pa-raded the city with a new and splendid show two miles in length. Great crowds of people gathered to witness the display, which fortu-nately was mattended by any mishap. # Various Matters. The examination of Joseph Perry on the charge of perjury in the Jumel will case, was to-day again adjourned. The receiver of the Bowling Green Savings Bank announces that he will pay a dividend or tan per cent. to depositors on April 7th. Judge Brady to-day decided to admit George Francis Train in $1000 bail but the prisoner declined to furnish it. Charles Mackay was to-day convicted of mailing obscene literature and remanded for sentence. The wreck of the steamer Metis, now under water off the coast of Rhode Island, was sold to-day for $500 to C. B. Manchester of Providence. In the suit of John L. Brown against the Board of Appointment, to recover $86,000 for extra sereet cleaning, the jury returned a ver-dict for the defendants. It is reported that the counsel for McDonnell, the alleged Bank of England forger, will apply for a writ of habeas corpus, on the ground that the U. S. Commissioner is not au-thorized to sit on extradition cases, and the charge of conspiracy is not covered by the ex-tradition treaty.


Article from New-York Tribune, June 17, 1874

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ANOTHER SUIT AGAINST WALTER ROCHE. Action has been begun in the Superior Court, before Judge Monell, by Shepherd Knapp, receiver of the Bowling Green Savings Bank, to recover from Walter Roche $65,000 of the moneys of the bank lent by Mr. Roche previously, and without security, to the Avenue C Railroad Company and D. K. Kohlman. The suit is similar to the one tried some time ago in the Superior Court which resulted unfavorably to Mr. Roche,