15919. Globe Security Company (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1907*
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
622d4291

Response Measures

None

Description

The Globe Security Company is described throughout as defunct and in receivership; articles discuss stolen funds, claims by creditors, and a woman claiming to restore money. No contemporaneous run or temporary suspension/reopening is described — the bank had been wrecked earlier (David Rothschild died in Sing Sing in 1907) and receivers were handling assets, consistent with a suspension followed by permanent closure/receivership.

Events (3)
1. January 1, 1907* Receivership
Newspaper Excerpt
Rothschild, the banker...died in Sing Sing after wrecking both the Federal Bank and the Globe Security Company.
Source
newspapers
2. November 20, 1911 Other
Newspaper Excerpt
I represent five thousand creditors of the Globe Security Company, said Mr. Brookheim...the employment of William P. Hazen...was made by...whose partner...was receiver for the Globe Security Company.
Source
newspapers
3. February 17, 1912 Other
Newspaper Excerpt
A woman...said she is possessed of $500,000 which had been stolen, and that she is on her way...to pay the money back to those from whom it has been taken...to the depositors of...the Globe Security company.
Source
newspapers

Newspaper Articles (6)
1. November 20, 1911 The Evening World New York, NY
Article from The Evening World, November 20, 1911

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Article Text

NEW CLAIMANTS FOR STOLEN FUNDS BANK WRECKER HID 5,000 Globe Security Company Creditors Want the Million They Lost. FEDERAL CLAIMS ALL. Attorney for Receiver Has Two Keys Given Him by Rothschild's Former Wife. The search for the loot of the defunct Federal Bank, being conducted by George W. Glaze, attorney for the receiver of the failed institution, took a new turn to-day upon the announcement of Charles L. Brookheim, trustee of the defunct Globe Security Company, that he was going to claim a share in whatever moneys Mr. Glaze recovered with the two sets of keys he brought back from St. Louis Saturday. The keys were given Mr. Glaze by the widow of David Rothschild, who died in Sing Sing after wrecking both the Federal Bank and the Globe Security Company. "I represent five thousand creditors of the Globe Security Company," said Mr. Brookheim of the firm of Myers & Goldsmith. No. 100 Broadway. "We have claimed that $1,000,000 was stolen from the Globe Security Company by Rothschild, the banker. or his brother, Louis, whom we traced to Indianapolis, but never got hold of. Our supposition has been that Louis Rothschild received gertain moneys from his brother David and that he turned them over to a woman unknown to us." Mr. Brookheim acknowledged that the employment of William P. Hazen, former chief of the Secret Service, to ferret out the missing fund was made by Walter Shaw Brewster, lawyer, of No. 40 Wall street, whose partner, a Mr. McKean. was receiver for the Globe Security Company. FOUND OLD TRUNK IN STORAGE

2. February 17, 1912 Tonopah Daily Bonanza Tonopah, NV
Article from Tonopah Daily Bonanza, February 17, 1912

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Article Text

MRS. BATTEN IS IN LIMELIGHT CHICAGO, Feb. 17.-A woman registered at a hotel here as Mrs. Theresa K. Batten of New York, said yesterday that she is possessed of $500,000 which had been stolen, and that she was on her way from Reno, Nev., to New York to pay the money back to those from whom it has been taken. Mrs. Batten said she once had been the wife of David Rothschild, president and self-confessed wrecker of two New York banking institutions, and who died in Sing Sing in 1907. She said it was her purpose to restore the half million dollars to the depositors of these institutions, the Federal Bank of New York and the Globe Security company. The liabilities were upward of $2,000,000, she said, and that her understanding was that the receivers already had paid sixty cents on the dollar. Mrs. Batten said she learned last November that she had been left the money. She is under the care of a physician and nurse.

3. February 17, 1912 The Birmingham Age-Herald Birmingham, AL
Article from The Birmingham Age-Herald, February 17, 1912

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Article Text

NOT MANY SUCH Chicago, February 16.-A woman registered at a hotel as Mrs. Teresa K. Batten of New York said last night that she is (possessed of $500,000 which had been stolen and that she is on her way from Reno, Nev., to New York to pay the money back from whom it had been taken. Mrs. Batten said she once had been the wife of David Rothschild, president and confessed wrecker of two New York banking institutions, who died in Sing Sing in 1907. She said it was her purpose to restore the $500,000 to the depositors of these institutions, the Federal bank of New York and the Globe Security company. The liabilities were upward of $2,000,000, she said, and that her understanding was that the receivers had already paid 60 cents on the dollar. Mrs. Batten said that she learned last November that she had been left the money. She is under the care of a physician and nurse.

4. February 20, 1912 The Guthrie Daily Leader Guthrie, OK
Article from The Guthrie Daily Leader, February 20, 1912

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Article Text

TO RESTORE HALF MILLION CLEAN LOOT (By Associateu Press.) Chicago, Feb. 20.-A woman registered at a hotel here as Mrs. Thersa K. Batten, of New York, said last night that she is pessessed of $500,000 which had been stolen and that she is on her way from Reno, Nev., to New York to pay the money back to those from whom it had been taken. Mrs. Batten said she once mad been the wife of David Rothschild, president and confessed wrecker of two New York bankıng institutions. who died in Sing Sing in 1907. She said it was her purpose to restore the half million dollars to the depositors of these institutions, the federal bank of New York and Globe Security company. The liabilities were upward of $2.000,000. she said. and that her understanding was that the receivers had already paid GO cents on the dollar. Mrs. Batten said that she learned last November that she had been left tao money. She is under the care of a physician and nurse.

5. February 21, 1912 The Dawson News Dawson, GA
Article from The Dawson News, February 21, 1912

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Article Text

WILL RETURN STOLEN MONEY WOMAN SAYS SHE HAS $500,000 TO RESTORE TO OWNERS. She Was Once the Wife of a Bank Wrecker, Who Died in Sing Sing Several Years Ago. CHICAGO -A woman registered at a hotel as Mrs. Theresa K. Batten of New York said last night that she is possessed of $500,000 which had been stolen, and that she is on her way from Reno, Nev., to pay the money back to those from whom it had been taken. Mrs. Batten said she once had been the wife of David Rothschild, president and confessed wrecker of two New York banking institutions, who died in Sing Sing in 1907. She said it was her purpose to restore the half million dollars to the depositors 0f these institutions, the Federal Bank of New York and the Globe Security Company. The liabilities were upward of $2,000,000, she said, and that her understanding was that the receivers had already paid 60 cents on the dollar. Mrs. Batten said that she learned last November that she had been left the money. She is under the care of a physician and a nurse.

6. February 22, 1912 East Oregonian : E.O Pendleton, OR
Article from East Oregonian : E.O, February 22, 1912

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Article Text

SHE GOES TO RESTORE $500,000 OF HIS LOOT Wife of Bank Wrecker is Heir to His Stolen Money. Chicago.-A woman registered at a hotel here as Mrs. Theresa K. Batten, of New York, said she was pos-, sessed of $500,000 which had been stolen, and that she was on her way from Reno, Nev., to New York, to pay the money back to those from whom it had been taken. Mrs. Batten said she once had been the wife of David Rothschild, president and confessed wrecker of two New York banking institutions, and who died in Sing Sing in 1907. She said it was her purpose to restore the half million dollars to the depositors of these institutons, the Federal Bank of New York and the Globe Security Company. The liabilities were upward of $2,000,000, she said, and her understanding was that the receivers already had paid 60 cents on the dollar. Mrs. Batten said she learned last November that she had been left the money. She is under the care of a physician and nurse.