Coffin & Stanton - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: private
Start Date: August 22, 1905
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 338b5ba7

Response Measures

None

Description

Article (New-York Tribune, 1905-08-22) discusses the winding up of the receivership of the 'former banking house of Coffin & Stanton' and discharge of receiver Thomas P. Wickes. No run or suspension event is described in the text; bank is in receivership/closed. Classified as suspension_closure (suspension leading to permanent closure/receivership).

Events (1)

1. August 22, 1905 Receivership

Newspaper Excerpt: the receivership of Coffin & Stanton is wound up, and the receiver's bond upon the payment of the disbursements ordered is cancelled; the money in Wickes's hands, which amounted to $3,596, should be paid to the receiver's counsel, Edwin S. Hatch, after the necessary fees, including the receiver's compensation, had been deducted.
Source: newspapers

Newspaper Articles (1)

1. August 22, 1905 New-York Tribune New York, NY

Article from New-York Tribune, August 22, 1905

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Article Text

WICKES DISCHARGED AS RECEIVER. Affairs of Defunet Banking House Taken from Him by Justice Lacombe. Thomas P. Wickes, the alleged author of the Lewis Jarvis" letters. was discharged yesterday by Judge Lacombe as receiver of the former banking house of Coffin & Stanton The discharge is regarded as rather unusual, inasmuch as Justice Lacombe orders that the receiver shall "notify the party from whom a further payment is expected that the receivership of Coffin & Stanton is wound up, and the receiver's bond upon the payment of the disbursements ordered is cancelled," and the "party" ordered "to remit whatever further sum may come to the credit of the United States Circuit Court. of the Southern District of New-York." Justice Lacombe ordered that the money in Wickes's hands, which amounted to $3.596, should be paid to the receiver's counsel, Edwin S. Hatch, after the necessary fees, including the receiver's compensation, had been deducted. Mr. Wickes appeared in court yesterday for the first time since his indictment some time ago on a charge of blackmail. Mr. Wickes. as counsel for Mrs. Florence C. McGinnis, whose husband, Daniel J. McGinnis, obtained an interlocutory decree of divorce in May, asked Justice Gegerich, in the Supreme Court, for alimony and counsel fees for Mrs. McGinnis, pending her appeal. Mr. Wickes asked the court to grant Mrs. McGinnis counsel fees of $300 and expenses and alimony at the rate of $20 a week. pending the decision by the Appellate Division of the Supreme Court. Reid L. Carr. who appeared for Mr. McGinnis, opposed the motion on the ground that it was made in bad faith. He said that the motion was made only after Mr. McGinnis through his counsel, had refused to settle out of court. To substantiate his claim. Mr. Carr submitted several letters, which were written by Mrs. McGinnis to her husband Two of these letters told of Mrs. McGinnis's need of money to pay fees to Mr. Wickes. The suit of Mr. McGinnis against his wife attracted a great deal of attention at the time, as Mrs. McGinnis was known as "Grandma," because, by her first husband, Harry W. Disston, she had a daughter. who is the mother of a two-year-old child. Mrs. McGinnis was originally Miss Florence Coggeshall. She had been married to Disston over twenty years when he died.