East Side Savings Bank For Sailors

Episode Information

Episode UID: 1646947791033
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 164694779 hash
Start Date: January 12, 1886
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: cd1f94daac95c1cf

Response Measures

None

Description

Article states a receiver was appointed and the bank has been winding up for two years; depositors to be paid in full.

Events (1)

1. January 12, 1886 Receivership

Newspaper Excerpt: Scott Lord, jr., who was appointed receiver of the East Side Savings Bank for Sailors, qualified yesterday in $1,000. ... The bank is an old one and has been winding up its affairs gradually for two years. All depositors either have been or will be paid in full.
Source: newspapers

Newspaper Articles (1)

1. January 12, 1886 New-York Tribune New York, NY

Article from New-York Tribune, January 12, 1886

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Article Text

HOSPITAL FUND CONTRIBUTIONS. The following additional sums from the Hos pital Saturday and Sunday Collection were received yesterday : 1885. 1884. Churches. $462.45 First Presbyterian 19230 Messiah, Unitarian 7171 $103.50 Reformed (Dutch), Harlem 108 00 63 82 Congregation Rodolph Sholom 1000 11 00 St. Mary the Virgin, Episcopal 2875 Employes of I. Rosentein & Co. 1425 Employes of Meyer & Ba!! 25 00 Mt. Neboh Lodge, F. & A. M 8 00 Holbrook Manufacturing Company 450 M. L. Manheim and employes Total to date $30,118 76 SCOTT LORD'S TASK AS RECEIVER. Scott Lord, jr., who was appointed receiver of the East Side Savings Bank for Sailors, qualified yesterday in $1,000. He has $787 12 of assets to disburse, and twenty-seven claimants to satisiy, whose aggregate claim 18 only $516 76., About this sum, however, there is some dispute, allegations being made that money has been paid to the wrong persons. Suits have been begun to settle this controversy. The bank is an old one and has been winding up its affairs gradually for two years. All depositors either have been or will be paid in full.