15522. Bowling Green Savings Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 4, 1882
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
497fe5f3

Response Measures

None

Description

Both articles indicate the Bowling Green Savings Bank was in the hands of a receiver (Shepherd F. Knapp) and property was being sold under direction of the receiver in Jan 1882. There is no mention of a depositor run in these excerpts; the bank was in receivership (closure) rather than described as reopening. Dates taken from article publication/context.

Events (2)

1. January 4, 1882 Receivership
Newspaper Excerpt
sale was made under the direction of the Receiver of the Bowling Green Savings Bank, at the Exchange Salesroom to-day : By Richard V. Harnett.
Source
newspapers
2. February 27, 1882 Other
Newspaper Excerpt
The Chair presented the report of Shepherd F. Knapp, receiver of the Bowling Green Savings Bank: tabled and ordered to be printed.
Source
newspapers

Newspaper Articles (2)

Article from New-York Tribune, January 5, 1882

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Article Text

REAL ESTATE. New-YORK, Wednesday, Jan. 4. 1882. The following sale was made under the direction of the Receiver of the Bowling Green Savings Bank, at the Exchange Salesroom to-day : By Richard V. Harnett. 12 lots on 3d-ave. se cor of Webster-ave, Newton, Long Island, lots together in size; 306.11x92 6; C $300 E Smith


Article from New-York Tribune, February 28, 1882

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Article Text

GENERAL LEGISLATION, ALBANY, Feb. 27.-In the Senate to-night Mr. Daly introduced a bill intended to leave citizens free to employ for their medical attendants such persons as they may choose without penalty of fine or imprisonment being incurred by such attendant. The bill repeals the act regulating the licensing of physicians and surgeons, which was passed May 29, 1880. Among other bills introduced were the following: By Mr. Grady, regulating the assessment of certain corporations in New York City: by Mr. H. A. Nelson, abolishing the office of Canal Appraiser and the Board of Audit : by Mr. Fitzgerald, regulating the admission of children to theatres. The Tax bill introduced by Mr. Thomas was passed. as was also the bill appropriating $40,000 for the Commissioners of migration. In the Assembly the following were among the bills introduced : By Mr. Sheridan, providing that owners of steam boilers in Brooklyn shall report annually to the Commissioner of Police and Excise, the location of such steam boilers, and that the Commissioner shall cause them to be inspected by practical engineers; by Mr. Murphy, providing that there shall be issued in the cities of New-York and Brooklyn for the sale of malt and spirituous liquors in quantities less than five gallons, to be drunk on the premises, licenses at the rate of $75 each: the person to whom such license is issued must be the owner of the place where such liquor 18 sold : the bill omits the three bed and arbitrary arrest clauses of the present law: by Mr. Van Allen, regulating the admission of children to theatres, and by Mr. Robb amending the banking laws. The Chair presented the report of Shepherd F. Knapp, receiver of the Bowling Green Savings Bank: tabled and ordered to be printed. Mr. Hunt offered the following preamble and resolution Whereas, Complaints have been made in regard to the management by receivers of the affairs of the insolvent Continental, North American. Guardian Security, Atlantic, Globe, Eclectic, Widows' and Orphans', Reserve Mutual. and New-York State Life Insurance Companies, on account of the extraordinary expense made and length of time consumed in the partial settlement of the business of these companies, and there is still danger of much time beingco isumed and great expense ineurred before these insolvent companies can be legally closed up, therefore Resolved. That the Insurance Committee of this House is hereby authorized and instructed to investigate the affairs of the companies as to the expense made and the time used by the receivers in transacting the business of the companies, and report the result of such investigation to this House on or before March 21. 1882. The resolution was tabled. Assemblyman Robb's bill makes it the duty of the Superintendent of the Banking Department in his discretion personally to examine banks, papers and affairs of any bank, banking association, individual banker or corporation, or designate ome competent person to make such examination. The latter shall report under oath to the Superintendent, and such report shall be published. Authority is g ven to examine on oath any individual banker. and he officers, agents, partners and clerks of such banker, and the officers, agents and clerks of any such bank, banking association or corporation touching matters to be inquired into on such examination. Wilful false swearing shall be perjury. No person shall be appointed receiver of any association or corporation whose books. papers, etc., shall have been examined pursuant to the provisions of the act. No person not subject to the supervision of the superinte nd nt of the Banking Department all use any sign or the purpose of indicating that uch place or office is that of a bank or banking association, nor use bill heads Senator Fitzgerald's bill provides that no owner, les. see, man ger or officer of any theatre, in any city, shall permit any child. actually or apparently under the age of fourteen, not accompanied by some adult person, either to be admitted to an theatrical exhibition held under his charge, or to remain within the theatre during the exhibition Children found within theatres so unaccompanied may be arrested.