Second National Bank - New York, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 62
Charter Number: 2668
Start Date: June 1, 1901*
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: d05863e1

Response Measures

None

Description

Article (Feb 13, 1902) states the Controller of the Currency ordered the bank's suspension at the Marquand failure the previous June (i.e. June 1901). No run is mentioned in the article; suspension appears to be by government action. The article does not explicitly state reopening, so I classify as suspension leading to closure/continued suspension.

Events (5)

1. August 13, 1863 Chartered

Source: historical_nic

2. April 29, 1882 Chartered

Source: historical_nic

3. June 1, 1901* Suspension

Cause: Government Action
Cause Details: Controller of the Currency ordered the bank's suspension in connection with the Marquand failure (June 1901).
Newspaper Excerpt: he served only one term after the Controller of the Currency ordered the bank's suspension.
Source: newspapers

4. December 31, 1921 Voluntary Liquidation

Source: historical_nic

5. * Other

Newspaper Excerpt: Edward R. Thomas was elected president of the Second National Bank of this city at the Marquand failure last June, and he served only one term after the Controller of the Currency ordered the bank's suspension .
Source: newspapers

Newspaper Articles (1)

1. February 13, 1902 The Savannah Morning News Savannah, GA

Article from The Savannah Morning News, February 13, 1902

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Article Text

KILLED BY AUTOMOBILE. Edward R. Thomas Does Fatal Work With His "White Flyer." New York, Feb. 12.-Henry Thies, a 7-year-old boy, was struck and killed to-day by an automobile occupied by Edward R. Thomas, son of Gen. Samuel Thomas, and three friends. Thomas was arrested charged with homicide, and was released on bail. The automobile which struck the boy is known as the "White Flyer" because of its great speed. It formerly belonged to William K. Vanderbilt, Jr. Edward R. Thomas was elected president of the Second National Bank of this city at the Marquand failure last June, and he served only one term after the Controller of the Currency ordered the bank's suspension. He married Miss Lee of Louisville, Ky., last June.