O. M. Bogart & Co. - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: private
Start Date: June 20, 1885
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 5d92fdb8

Response Measures

None

Description

Articles (dated June 25-26, 1885) report that the assignment of O. M. Bogart & Co., bankers and brokers, who 'failed for nearly two million dollars,' was set aside by Judge Donahue and a receiver was directed to be appointed. No explicit mention of a depositor run or a temporary suspension prior to closure; firm is described as failed and placed into receivership. I infer bank is a private banking/brokerage partnership.

Events (1)

1. June 20, 1885 Receivership

Newspaper Excerpt: Iselin, Neeser & Co. brought an action some time ago to have set aside the assignment of O. M. Bogart & Co., bankers and brokers, who failed for nearly two million dollars... Judge Donahue to-day decided to set the assignment aside and directed that a receiver should be appointed.
Source: newspapers

Newspaper Articles (4)

1. June 25, 1885 The Abilene Reflector Abilene, KS

Article from The Abilene Reflector, June 25, 1885

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Article Text

Bogart's Alleged Fraud. NEW YORK, June 20.-Iselin, Neeser & Co. brought an action some time ago to have set aside the assignment of O. M. Bogart & Co., bankers and brokers, who failed for nearly two million dollars. The plaintiffs claimed that the assignment was fraudulent and void, alleging that the members of the firm drew large sums to pay their individual debts regardless of the firm's creditors. Judge Donahue to-day decided to set the assignment aside and directed that a receiver should be appointed, to whom the assignee should turn over all the moneys received by him to pay the judgments of attaching creditors

2. June 25, 1885 The Abilene Reflector Abilene, KS

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Article Text

ISELIN, NEESER & Co., brought an action some time ago to have set aside the assignment of O. M. Bogart & Co., bankers and brokers, of New York, who failed for nearly two million dol- lars. The plaintiffs claimed that the assignment was fraudulent and void, alleging that the members of the firm drew large sums to pay their individual debts, regardless of the firm's creditors. Judge Donahue has decided to set the assignment aside and directed that a receiver should be appointed.

3. June 26, 1885 The Iola Register Iola, KS

Article from The Iola Register, June 26, 1885

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Article Text

Bogart's All-ged Fraud. NEW YORK, June 20.-Iselin, Neeser & Co. brought an action some time ago to have set aside the assignment of 0. M. Bogart & Co., bankers and brokers, who failed for nearly two million dollars. The plaintiffs claimed that the assignment was fraudulent and void, alleging that the members of the firm drew large sums to pay their individual debts regardless of the firm's creditors, Judge Donahue to-day decided to set the assignment aside and directed that a receiver should be appointed, to whom the assignee should turn over all the moneys received by him to pay the Judgments of attaching creditors

4. June 26, 1885 The Red Cloud Chief Red Cloud, NE

Article from The Red Cloud Chief, June 26, 1885

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Article Text

ISELIN, NEESER & Co., brought an action some time ago to have set aside the assignment of O. M. Bogart & Co., bankers and brokers, of New York, who failed for nearly two million dollars. The plaintiffs claimed that the assignment was fraudulent and void, alleging that the members of the firm drew large sums to pay their individual debts, regardless of the firm's creditors. Judge Donahue has decided to set the assignment aside and directed that a receiver should be appointed.