16013. Inter State National Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
4152
Charter Number
4152
Start Date
April 15, 1892
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
393f04ef

Response Measures

None

Description

Multiple articles (Apr 1892) report the Interstate/Inter-state National Bank of New York 'closed its doors' and 'went into voluntary liquidation' with depositors paid 90% and stockholders surrendering charter. OCR variants corrected (Inter-state -> Interstate). No run reported in these items.

Events (3)

1. November 7, 1889 Chartered
Source
historical_nic
2. April 15, 1892 Suspension
Cause
Voluntary Liquidation
Cause Details
Stockholders decided to surrender the charter and the bank went into voluntary liquidation; depositors paid 90%.
Newspaper Excerpt
The Interstate National Bank closed its doors this afternoon... went into voluntary liquidation. The depositors were paid off, getting 90 per cent. of their entire deposits
Source
newspapers
3. April 15, 1892 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (9)

Article from Barton County Democrat, April 7, 1892

Click image to open full size in new tab

Article Text

MISCELLANEOUS. JOHN LINDEMANN, the crank who, on December 28 last, demanded the brains of Cornelius Vanderbilt, and who was committed as to his insanity, is again in trouble. He has been anabying the family of Jay Gould in New York. He was arrested as ha was gutering Mr. Gould's premises and was committed. In court he was very violent, and was bound in a straight jacket before he could be removed. IT is announced that the Inter-state National bank of New York is about to close its doors, the stockholders having decided to surrender their charter andge go into liquidation shortly. CoL. J. F. WADE of the Fifth United States cavalry has been assigned to take charge of the work of clearing off intruders on the Cheyenne and Arapahoe reservations, which are to be opened for sett*ement between April 1 and 10. THE dynamite explosions in Paris caused an exodus from that city. FERDAY, May 20, four man and & woman-Elisha 'Young's Ikey Young, Holman Noble, Alfred Crosby and Martha Young-will be hanged in the jail at Columbia, S.C.® THE statement of the Burlington road was issued on the 20th. It shows that the earnings of the road for February amounted to $3,045,385, an increase as compared with the same period last year of $830,451. The operating expenses and fixed charges amounted to $810,000, leaving net earnings of Brid,886, an increase over the corresponding month last year of $459,552. A JAR containing 82,000 in gold has been found near Ogark, Ark. MONTANA cattlemen are strongly opposed to the recent quarantine edist JAMES LEVALLE, a Minnesota school boy, was killed by a bursting fly wheel. JUDGMENT has been rendered against the Western Union Telegraph Co. at Corsicana, Tex., for $1,000 for failing to deliver a message promptly. PARDRIDGE, the big Chicago grain man, has made over $1,000,000 in the recent depression of wheat AN Italian woman in New York committed suicide through remorse for unfaithfulness to her husband. A COMPANY is trying $ raise an old treasure ship in New York harbor And get $4,000,000. LIVE stock in South Dakoja a regarded in fine condition. IT is positively asserted in dispatches from north Alabama that a mab of sexenty-five men caught and lynched John Mullins, one of the Madison Cross roads murderers. JOSEPH LITTLE, who brutally crushed the skulls of his wife and two daughters, was lynched by a mob at Findlay, o., on the 31st ult. THE town of Nelson, Neb., was bauly damaged by a cyclone on the 32st ult.


Article from The Red Cloud Chief, April 8, 1892

Click image to open full size in new tab

Article Text

MISCELLANEOUS. THE Santa Fe has let the contract for the big building which will hold the Argentine shops, and has begun grading. IT is announced that the Inter-state National bank of New York is about to close its doors, the stockholders having decided to surrender their charter and go into liquidation shortly. CoL. J. F. WADE of the Fifth United States cavalry has been assigned to take charge of the work of clearing off intruders on the Cheyenne and Arapahoe reservations, which are to be opened for settlement between April 1 and 10. THE Northern Pacific and the Grand trunk are to be consolidated. MANAGERS of Chicago lines believe that the opening of lake navigation will help their receipts from western grain shipments immensely. New Orleans has hurt them this winter. THE dynamite explosions in Paris caused an exodus from that city. FRIDAY, May 20, four men and a woman-Elisha Young, Ikey Young, Holman Noble, Alfred Crosby and Martha Young-will be hanged in the jail at Columbia. S. C. THE statement of the Burlington road was issued on the 29th. It shows that the earnings of the road for February amounted to $8,048,385, an increase as compared with the same period last year of $830,481. The operating expenses and fixed charges amounted to $810,000, leaving net earnings of $272,886, an increase over the corresponding month last year of $469,552. JEREMIAH COTTO. the ignorant Italian who murdered Louis Frankelos in Brooklyn last July, was electrocuted on the morning of the 28th at Sing Sing. Low prices for silver is the cause assigned for shutting down big Colorado mines. A JAR containing $3,000 in gold has been found near Ozark, Ark. MONTANA cattlemen are strongly opposed to the recent quarantine edict. JAMES LEVALLE, a Minnesota school boy, was killed by a bursting fly wheel. JUDGMENT has been rendered against the Western Union Telegraph Co. at Corsicana, Tex., for $1,000 for failing to deliver a message promptly.


Article from Courier Democrat, April 14, 1892

Click image to open full size in new tab

Article Text

MISCELLANEOUS. TALKATIVE spirits assist a Fargo young lady in securing a husband. KENTUCKY Republicans instructtheir delegates to vote for Harrison. STATE'S ATTORNEY LONGNECKER boxes the ears of a Chicago reporter. THE Interstate National Bank, of New York, is about to close its doors, the stockholders having decided to surrender their charter and go into liquidation April 15. IT is proposed to start a political party whose principal creed is the pensioning of ex-slaves and whose presidential candidate will be Fred Donglass. A LEGISLATIVE joint committee begins work on the case of Judge Maynard, of the New York court of appeals, accused of manipulating election returns. A MINNEAPOLIS woman applies for a divorce from her husband from whom she was divorced six months ago and immediately remarried. A MOVEMENT is being inaugurated in the West and South to secure the romination of free coinage candidates upon free coinage platforms both at Minneapolis and Chicago. THE Southern cotton mills, situated a few miles from Atlanta, Ga., were placed in the hands of a receiver. The death of one of the proprietors throws the property intc court. THE workmen employed on the excavation at Sparta by Dr. Walderstein, of the American archæclogical school, have discovered the circular building at that place mentioned by Epimenides. A JURY in Judge Clifford's court, Chicago recently found, under the instructions of the court, a verdict of not guilty in the conspiracy case against the officers of the Seamen's union. THE Illinois supreme court has pronounced the Illinols anti-trust law unconstitutional. The court holds that the act unwarrantably interferes with the right of employers and employes to make contracts


Article from Richmond Dispatch, April 16, 1892

Click image to open full size in new tab

Article Text

Business and Labor Troubles. (By telegraph to the Dispatch.] NEW YORK, April 15.-The Interstate National Bank closed its doors this afternoon. The bank is situated at 167 Broadway, and went into voluntary liquidation. The depositors were paid off, getting 90 per cent. of their entire deposits, and within & week a dividend of 50 per cent. or more will be paid to the stockholders. SAN ANTONIA, TEX., April 15.-The receivers of the San Antonia and Aransas Pass railroad have refused to treat with Grand-Chief Clark, of the Order of Railway Conductors. A strike of the trainmen of the road will be ordered.


Article from The Bottineau Pioneer, April 16, 1892

Click image to open full size in new tab

Article Text

MISCELLANEOUS. TALKATIVE spirits assist a Fargo young lady in securing a husband. KENTUCKY Republicans instructtheir delegates to vote for Harrison. STATE'S ATTORNEY LONGNECKER boxes the ears of a Chicago reporter. THE Interstate National Bank, of New York, is about to close its doors, the s'ockholders having decided to surrender their charter and go into liquidation April 15. IT is proposed to start a political party whose principal creed is the pensioning of ex-slaves and whose presidential candidate will be Fred Donglass. A LEGISLATIVE joint committee begins work on the case of Judge Maynard, of the New York court of appeals, accused of manipulating election returns. A MINNEAPOLIS woman app ies for a divorce from her husband from whom she was divorced six months ago and immediately remarried. A MOVEMENT is being inaugurated in the West and South to secure the romination of free coinage candidates upon free coinage platforms both at Minneapolis and Chicago. THE Southern cotton mills, situated a few miles from Atlanta, Ga., were placed in the hands of a receiver. The death of one of the proprietors throws the property intc court. THE workmen employed on the excavation at Sparta by Dr. Walderstein, of the American archæclogical school, have discovered the circular building at that place mentioned by Epimenides. A JURY in Judge Clifford's court, Chicago recently found, under the instructions of the court, a verdict of not guilty in the conspiracy case against the officers of the Seamen's union. THE Illinois supreme court has pronounced the Illinois anti-trust law unconstitutional. The court holds that the act unwarrantably interferes with the right 0' employersand employes to make contracts


Article from Pittsburg Dispatch, April 16, 1892

Click image to open full size in new tab

Article Text

BUSINESS BREVITIES. THE Welland Canal will be opened on the 19th. LAKE SUPERIOR navigation will open about Monday. THE Match Trust is complete. The Lebanon Company was the last to enter the combine. SOUTHERN lumber manufacturers have raised the price of yellow pine 50 cents a thousand. THE Indianapolis Street Railway Company, the new owner of all the car lines in that city, has been incorporated. THE National Steamship Company has suspended its passenger traffic, and henceforth will devote itself entirely to freight. THE agent of an American Syndicate is in the City of Mexico to establish a steamship line between United States and Mexican and Central American ports. THE Sheriff has taken possession of the New York office of Blair & Hamilton, manufacturers of upholstery goods and curtains, of Philadelphia. Debts about $30,000. THE train, shop and sectionmen all along the line of the Erie Railroad are discontented because of the reduction in the working force, and threats of a strike are heard. DIRECTORS of the Globe Yarn Mills, Fall River, Mass., have given an option of a part of their property to a corporation who will erect a large yarn mill. Capital stock $350,000 or $400,000. THE formal opening of the new plant of the American Encaustic Tiling Company, at Zanesville, will occur April 19. The plant is the largest in the world. Governor McKinley will deliver an address. THE Sioux City Jobbers and Manufacturers' Association has issued a call for a conference there April 22 of representatives of all the towns on the Mi-souri river north of that place. The object is to organize a line of packet boats. CINCINNATI dealers in spirits object to the almost insurmountable difficulties in their business arising from the new regulation by the Commissioner of Internal Revenue, by which gausing after May 1 shall be done by weighing instead of measuring. THE Inter-State National Bank, of New York, closed its doors yesterday afternoon and went into voluntary liquidation. The depositors were paid off, getting 90 per eent of the entire deposit, and within a week a dividend of 50 per cent or more will be paid to the stockholders. THE Iron Trade Review says: With nobody ready for it, the early opening of navigation is a misfortune, from the vessel owners' standpoint. It means low rates for early wild tonnage and an indefinite suspension of season charter negotiations, so tar as the ore trade is concerned. THE Lindgren-Mahon Chemical Fire Engine Company has sued to recover $100,000


Article from Wood County Reporter, April 21, 1892

Click image to open full size in new tab

Article Text

TELEGRAPHIC BRIEFS. In Madrid it is feared that labor riots will take place on May Day. John Dillon's friends ridicule the idea that he will rerire to private life. Ravachol, the anarchist, and his five accomplices were indicted at Paris. The National Steamship company of New York has abandoned its passenger traffic. Senator Allison and Sawyer deny that there is any combine againrt the President. The Indiana Department of the G.A, R. will locate its State Soldiers' home at Warsaw. Burglars entered the jewelry store of C. M. Bradish at Augusta, Mich., and carried away $300 worth of goods. An unknown man was killed near Joliet, Ill., by a Chicago, Rock Island and Pacific railroad train. The Palmer National bank was organized at Danville, III., with a capital stock of $100,000. Twenty-eight Radicals who took part in the recent troubles in Brazil have been exiled to the province of Amazonas. The Elkhart (Ind.) Trotting associanon offer liberal purses for their June meeting, entries for which close June 6. Robert Neal and an unknown miner were instantly killed by falling slate in coal mine at Brazil, Ind. Prospect Hill school building at Burlington, Iowa, was burned. Loss, $15,000; insurance, $7,000. The Interstate National bank of New York closed its rs voluntarily, the depositors getting 90 percent of their deposits. The next State convention of the Young Men's Christian association will be held at Bloomington, Ill., Oct. 30, next. Great Britain's army is said to be composed of very poor material. Sensational disclosures were made at an investigation in London. The New York office of Blair & Hamilton, Philadelphia upholstery manufacturers, was taken possession of by the sheriff for about $30,000 of debts. The Davis will case, involving an estate valued at $7,000,000, which was to have been tried at Butte, Mont., has again been postponed. R. G. Dun & Co., report that the volume of trade this year exceeds that of any other year. Western cities are gaining almost without exception. A nephew of Gen. Fitzhugh Lee, of Virginia, Harry Lee, attempted suicide at a St. Louis hotel by swallowing three ounces of laudanum, and it is feared he has succeeded. James Springstein of LaGrange, Mich., a well-to-do farmer, has become insane from religious excitement He believes he has committed a crime for which he will never be forgiven. A letter has been received from Representative Springer, at Virginia Beach, stating that his condition continues to improve, and he has gained twelve pounds since he left Washington. Edward Simmons receiver of the American Loan and Trust company, obtained judgment in New York against the firm of W. V. McCracken & Co., former railroad contractors, for $101,324. There is said to be an organized society of Socialists in Minneapolis who hire young women to engage themselves as domestics, and in that manner find out many coveted facts about the manner in which the rich people live at home. A county assembly of the Farmers' Alliance was held in Champaign, Ill. The following officers were elected: W. J. Jutkins, president; W. O. Hood, secretary, and J. M. Keeder, treasurer. W. J. Jutkins was chosen as county lecturer and twine commissioner.


Article from People's Voice, January 6, 1893

Click image to open full size in new tab

Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank, of Muncie, Pa. Jan. 23-First national bank of Downs, Kan.; $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. D.: $30,000 Butler county bank at Chicora, Pa.: $60,000. Feb. 2-Commercial loan and savings bank at Kearney, Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4-Marcy, Geer & McCann's back at Raton, N. .M.; $800,000 First national bank of Deming, N. M. Feb. 6-Western Farm Mortgage Company at Denver; $1,000,000. Feb. 8 - Merchants' bank of Moorehead, Minn.: $175,000. Feb. 26-Newmarket (N. H.) savings bank suspended; $191,000. Mar. 1-Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan Association bank. Mar. 24 -American national bank of Birmingham, Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.: ; $1,000,000. May 25-People's bank of Sea Isle City, N. J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan, Nesha county; losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep. 24-People's bank at Hope, Ark Oct. 17-Two Nebraska state banks, one at Ainsworth, the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private); $80,000. Nov. 5-Continental bank at Kansas City, Mo. Nov. 30-Stone City bank, of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6-Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hilis national bank at Rapid City, S. D. Dec. 13-Lipman & Co., jute merchants at Dundee. Scotland, failed for $1,250,000. Dec. 15-National bank of Newton, Kan. Dec. 18-Wholesale grocery in Brooklyn, N. Y.; $400,000. Dec. 26-E.S.Corser Minneapolis, real eastate dealer: $1,000,000.


Article from Baxter Springs News, January 7, 1893

Click image to open full size in new tab

Article Text

BUSINESS FAILURES. THE MORE DISASTROUS ONES NOTED-BANKS GENERALLY. Jan. 11-First national bank. of Muncie. Pa. Jan. 23-First national bank of Downs, Kan.: $100,000. Jan. 25-Bank of Jefferson at Shepherdstown, W. Va. Jan. 29-Fall River county bank at Oelricks, S. .D.: $30,000 Butler county bank at Chicora, Pa.: $69.000. Feb. 2-Commercial loan and savings bank at Kearney. Neb.: $150,000. Feb. 3-National bank of Silver City, and Feb. 4--Marcy. Geer & McCann's bank at Raton, N. M.: $800,000 First national bank of Deming. N. M. Feb. 6-Western Farm Mortgage Company at Denver: $1,000,000. Feb. 8 - Merchants' bank of Moorehead. Minn.: €175.000. Feb. 2--Newmarket (N. H.) savings bank suspended: $191,000. Mar. 1--Lima (0.) national bank. Mar. 21-Painesville (O.) Savings and Loan As: sociation bank. Mar. 24-American national bank of Birmingham. Ala. Apr. 15-Interstate national bank of New York. Apr. 27-Commercial bank of St. Paul, Minn.; $1,000,000. May 35-People's bank of Sea Isle City, N.J. June 4-Platte Valley bank at Central City, Neb. June 25-First national bank at Erie, Kan., Nesha county: losses, $30,000. Sep. 2-Nebraska State bank. at Crete. Sep. 23-Richmond (Me.) savings bank. Sep 24-People's bank at Hope, Ark. Oct. 17-Two Nebraska state banks, one at Ainsworth. the other at Springview. Oct. 27-Hot Springs (Ark.) Valley bank (private): 880,000. Nov. 5--Continental bank at Kansas City, Mo. Nov 30-Stone City bank. of Joliet, 111., and Joliet Enterprise Co. (barb wire manufacturers); $1,000,000. Dec. 6--Wholesale mercantile firm of Wilczinski & Nelson at Greenville, Miss.: $100,000. Dec. 13-Black Hills national bank at Rapid City, S. D. Dec. 15-National bank of Newton. Kan. Dec. 18-W holesale grocery in Brooklyn, N. Y.: $400,000. Dec. 26-E. S. Corser, Minneapolis, real estate dealer: $1,000,000.