16141. Marine Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 15, 1889
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
f7115653

Response Measures

None

Description

Articles describe the Marine Bank as having failed due to misapplication of funds by its ex-president (James D. Fish) and a receiver being in place who has paid dividends to depositors. There is no description of a depositor run in the provided items. Therefore this is a suspension/closure with receivership (permanent closure). Dates in articles are 1889; no explicit suspension date given, so I use the publication dates as evidence of receivership/dividend activity. Bank type inferred as a state bank because the name lacks 'National' or 'Trust' and appears to be a commercial/state charter (not certain).

Events (2)

1. May 15, 1889 Other
Newspaper Excerpt
James D. Fish, the ex-president of the Marine Bank, of New York City, who was convicted of misapplying the funds of the bank and causing its failure, will be released from prison.
Source
newspapers
2. November 28, 1889 Receivership
Newspaper Excerpt
The receiver of the Marine Bank expected to declare a dividend this fall, but a delay in selling some property caused a postponement. The dividend will probably be declared in a few months. It is likely that 10 per cent or more will be paid, in addition to the 60 per cent already divided among the depositors.
Source
newspapers

Newspaper Articles (2)

Article from New Ulm Weekly Review, May 15, 1889

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Article Text

# Crimes and Criminals. The Iowa supreme court confirms the sen- tence of Chester Turney, the young burglar, who must remain in the penitentiary. This is one of the most noted criminal cases the state ever had. Jamee D. Fish, the ex-president of the Ma- rine Bank, of New York City, who was con- victed of misapplying the funds of the bank and causing its failure, will be released from prison. The old man will not leave the pris- on broken in health. He is quite spry and his face indicates that his health is tolerably good. Franz Burginger, an old resident of Brown county, Minn., and former proprietor of the Sleepy Eye brewery, committed suicide by taking strychnine. Mr. Burginger died be- fore medical aid could be summoned. No cause is assigned. He seemed to be in good spirits. It is rumored that he was in finan- cial straits. The deceased was a member of the Odd Fellows and United Workmen and carried a policy of $2,000 in each. Within the past ten days Judge Woods, of the federal court at Indianapolis, has re- ceived a number of threatening letters from all parts of the state, some signed "Regula- tors" and some "White Caps," and all de- mands that he change his recent rulings in the election law violation cases. One writer threatened to bring 500 regulators to the city if his commands were not obeyed. It was couced in the most brutal terms. There was quite a twitter among the fash- ionable congregation of St. Paul's church in Milwaukee when it became known that a daughter of Bishop Hugh Miller Thompson had eloped from her father's home at Jack- son, Miss., with W. T. Howe, a well known young Chicago lawyer, and that the young couple had attended the morning service at St. Paul's, where the brother of the bride, Rev. Harry Thompson of Kenosha, occupied the pulpit in the absence of the rector, Mr. Lester, Miss Thompson and Mr. Howe left Jackson, Miss., on Friday evening 3d inst., and were married at Cairo, Ills., Saturday. John Boatman of New Madrid, forty-five miles below Cairo, 111., borrowed a skiff Thurs- day of Corber brothers. The latter, thinking that Boatman would steal their property, foliowed him and shot him dead. The Cor- bers were arrested by the sheriff and a posse of citizens from Tiptonville, Ky., and placed in the jail there. The news caused great ex- citement and it was determined to lynch the prisoners. A strong guard was placed about the jail. When it became known that Boatman's wi'e had died from the shock oc- cassioned by her husband's murder the in- dignant mob could be restrained no longer. They rushed upon the jail, gained possession of the prisoners and strung them up on two trees within a hundred yards of the prison. At a point in Montana, five miles west of Stanford, in Fergus county, some highway- men held up the stage of the Great Falls and Billings line, and demanded the treasure box. The driver saw that resistance was useless, and threw it out. The robbers then disap- peared, without molesting the passengers. The stage proceeded on its journey, and met, about five miles from the scene of the rob- bery, the eastward bound coach, and report- ed the robbery. The robbers were evidently alarmed by the approach of this stage, which they could see a long way off on the hill, for they threw away the treasure box, which was picked up by the eastbound coach. The scene of the robbery is known as Sur- prise creek.


Article from New-York Tribune, November 28, 1889

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Article Text

NEW-YORK CITY. Reuben E. Sammis, the negro who pleaded guilty a few days ago to manslaughter in the first degree, was sentenced yesterday by Judge Brady, in the Court of Oyer and Terminer, to fifteen years in State Prison. Sammis killed his brother at No. 128 West Twentyseventh-st. on the night of March 31 by stabbing him with a penknife. Judge Lawrence, in the Supreme Court, yesterday administered the oath of office to Civil Justice-elect Peter Mitchell, of the First District Court. Commissioner Coleman said yesterday that about December 1 he would name a successor to Colonel Rogers, his deputy, who was recently dismissed. The place is worth $3,000 a year, and the Commissioner said he was considering the names of half a dozen men, every one of whom would make a good official. Who they were, he declined to say. The American Institute Fair is worth a visit today, and it will close on Saturday evening. John W. Weidemeyer, secretary of Appleton's Cyclopaedia of American Biography," will lecture at Columbia College on Saturday morning, his subject being Caesar and Cleopatra." The superintendent of the New-Haven Steamboat Company has decided to run the steamboats from this city as usual to-day, at 3 and 11 p. m. A phonograph will be on exhibition at the Fortyfourth Street Methodist Episcopal Church this evening, at a musical and literary entertainment given by the women members of the choir. The church is near Tenth-ave. It is interesting to note the growing popularity of gas as a cheap and convenient fuel. The progress it has made is most strikingly illustrated by the fact that the Hotel Brunswick has, after careful experiment, found that it can be utilized for the most delicate kinds of cooking. All the old appliances have been removed from the Hotel Brunswick kitchen, and gas apparatus have been substituted throughout. The Galena, Kearsarge and Dolphin, which have been ordered to the West Indies, will not sall on Monday, as was first reported, but Rear-Adiniral Gherardi says that they will certainly sail on Tuesday. The Grand Jury was engaged yesterday in other business, and did not have an opportunity to complete the investigation of the electric wires. The presentment will be prepared and ready to present to the court to-morrow. Rear-Admiral Gherardi's flagship Galena finished coaling at the Navy Yard yesterday, and is now ready to go on her cruise to the West Indies. Captain Thomas Sampson, the well-known chief detective of the Sub-Treasury, has been replaced by Thomas Higgison, who has for some time been assistant to Captain Sampson. Before becoming a detective at the Sub-Treasury Mr. Higgison was a Deputy United States Marshal in western New-York. A suit brought in the Superior Court by A. S. Lynch against the American Meat Company, to recover $1,200 alleged to be due for services as bookkeeper of the company, gave rise to a report that the company had gone out of business. The attorney of the company, however, denies this rumor, and says that the company is carrying on its affairs as usual. " Depositor."-The receiver of the Marine Bank expected to declare a dividend this fall, but a delay in selling some property caused a postponement. The dividend will probably be declared in a few months. It is likely that 10 per cent or more will be paid, in addition to the 60 per cent already divided among the depositors. Joseph Kenny, the 'longshoreman who shot James Tierney, a watchman, in the back on Tuesday afternoon, was committed for trial in $5,000 bail in the Jefferson Market Police Court yesterday. Louis F. French, who passed a worthless check for $235 on the cashier of the Fifth Avenue Hotel. was held for trial in bail of $700 in the Jefferson Market Police Court yesterday. A fire in the cook's room caused a panic among the inmates of the Colored Orphan Asylum, in Onehundred-and forty-third-st., near the Boulevard, yesterday morning. The children were quieted before any of them were hurt. The fire did little damage. The Washington Memorial Arch Fund, with the addition of a subscription of $100 from ex-Judge Horace Russell, among others, now amounts to $61,004 55. Turkeys can be bought now with appropriate Thanksgiving mottoes tattoed into their skins. The letters remain plainly visible even after the cooking. Obliging chemists, whose city directories have been worn out in the public service, can now enclose them in a neat wooden casket, which opens to the inquirer only upon the insertion of a cent in the convenient slot. The phonograph is expected to prove a valuable aid in the study of languages. The pupil can take home a piece of tinfoil on which is recorded his teacher's correct accent, and practise with it in his own room as much as he pleases. Brooklyn is looking forward to speedy relief from at least 300 of the horde of organ grinders that fled to her when New-York first vetood their music. The machinery by which all the switches in the Grand Central Railroad Company's yard south of Fortyninth-st. are operated has been taken out and replaced a new device without delaying a single train. by The Business Men's Republican Association of the XIXth Assembly District held a meeting at No. 1,034 Tenth-ave. last night, and discussed plans for thorough Republican organization. A supper was given to the following officers of the 69th Regiment at the Carmelite Fair, in East Twenty-eighth-st., last evening: Captain John Kerr, Captain Hugh Colman, Captain D. C. McCarthy, Captain John Mortimer, Captain J. J. Ryan, Inspector of Rifle Practice; Lieutenant Paul Leonard, Lieutenant John O'Brien, and Quartermaster James J. Moore. To-morrow will be children's day. The Chester Arthur Club of the IVth Assembly