Market National Bank - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 964
Charter Number: 964
Start Date: December 23, 1878
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: cd4827d9

Response Measures

None

Description

Article (New-York Tribune, 1878-12-23) reports a receiver (James B. Roe) was appointed in the case 'Market National Bank agt. Orr.' No runs or suspensions are mentioned in the excerpt; the appointment of a receiver indicates the bank was placed in receivership/closed. Classified as suspension_closure because the bank remains closed with a receiver assigned.

Events (3)

1. March 31, 1865 Chartered

Source: historical_nic

2. December 23, 1878 Receivership

Newspaper Excerpt: Marine Court--Special Term-By Judge Shea. Market National Bank agt. Orr. - James B. Roe appointed receiver.
Source: newspapers

3. April 8, 1918 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. December 23, 1878 New-York Tribune New York, NY

Article from New-York Tribune, December 23, 1878

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Article Text

DECISIONS-DEC. 21. Supreme Court-Chambers-By Judge Donohue.Weeks agt. Tones.-Motion must be suspended until decision on appeal. By Judge Lawrence Graham the First National Bank. Order as settled. The People, ex. rel. Patterson agt. Conner. -I shall vacate all the orders entered since December 8, and will leave the detendant to move at chambers. By Presiding Judge Davis.-Ene agt. Burchell Order granted appointing receiver. By Judge Potter.- The Union Dime Co. agt. Higgins.Judgment granted, opinion. Special Term--By Judge Van Vorst.-Clark - ast. Jacoba and others. -Judgment for the plaintff on demurrer ,with liberty to defendant to answer on payment of costs; opinion. McDon. ald agt. Kounize and others. - -Judgment for defendant on the demurrer: see memorandum. Morse agt. Morse.Judgment for plaintiff. Common eas-Special Term-By Judge Van Hoesell -Payne to Thayer; Newman to Doyle.- Bonds approved and filed. Tyler to Smith.-Bond, $3,000. Partilic Mail Steamship Company agt. Toel & Co.-Onler filed. Winchell agt. the Knickerbocker Ice Company.- - In reassignment of Kehrmann; Webbagt. Kilmer, etc.; Trow agt. Shennon.-Granted. Marine Court--SpecialTerm-By Judge Shea.Market National Bank agt. Orr.-James B. Roe appointed re. ceiver. Jacobus agt. Truman.- -T. Cleveland appointed re. colver. Gruberagt. Mead: Obemtenfer agt. Travis.-Bonds approved. Lawler agt. Ottendorfer.- - -Motion denied but speedy trial ordered. Heldlonger agt. Gamble: Meyer egt. Milholland. Motions granted. By Judge Goepp.-Bowman agt. Purtell.-Motion denied