Murray Hill Bank - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 20, 1877
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: bccf0455

Response Measures

None

Description

Article (The Sun, 1877-12-20) discusses the bank's president paying sums over to 'the receiver', indicating the bank is in receivership/closed. The piece does not mention a run; therefore classified as a suspension leading to closure (receivership). No explicit suspension date given beyond the article date.

Events (1)

1. December 20, 1877 Receivership

Newspaper Excerpt: It is also rumored that Mr. William A. Darling, the President of the Murray Hill Bank, is about to pay over to the receiver the amount for which he placed his name on this bond as well as the sums of money which he received from the funds of the bank.
Source: newspapers

Newspaper Articles (1)

1. December 20, 1877 The Sun New York, NY

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Article Text

Bank Trustees that Keep their Pledges. To THE EDITOR OF THE SUN-Sir: You say in your interesting comments on the verdict against Spencer K. Green yesterday that there is not a single 111stance known to the public of a trustee who pledged himself for the payment of a deficiency in the assets of a savings bank coming forward and redeeming his piedge when cal ed upon. There is, however. one such instance. Mr. William S. Opdy ke, who signed the bond with Mr. Green, paid be. fore suit and without question the whole amount for which he was liable. It IN also rumored that Mr. William A. Darling. the President of the Murray Hill Bank, is about to pay over to the receiver the amount for which he placed his name on this bond as well as the summs of money which he received from the funds of the bank. thus demonstrating that his statements that the bond was an asset of the bank were true. This will, it true, give the needy depositors in thisbank altogether nearly twenty five cents on each dollar which they deposited, for which they will doubtless be very ASHBEL P. FITCH. grateful 93 NASSAU STREET, New York.