16597. Suffolk Bank (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 12, 1854
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
eb2a895c

Response Measures

None

Description

Contemporary reports (Oct 1854) state the Suffolk suspended (Oct 12, 1854) after exclusion/pressure from the clearing house and heavy redemptions; later court notices show a receiver (U.S. Trust Co.) with notice dated Jan 26, 1855, indicating the bank did not resume operations and entered receivership. Cause attributed to local banking distress/clearing-house action rather than a discrete misinformation event.

Events (2)
1. October 12, 1854 Suspension
Cause
Local Banks
Cause Details
Excluded from the Clearing House / pressure from other New York banks and heavy redemptions of circulation and deposits following loss of clearing privileges; small-bank overextension noted in coverage.
Newspaper Excerpt
To the Eighth-av. and Knickerbocker Banks, already chronicled as suspended, must now be added the Suffolk. ... The deposits have been drawn down to about $40,000. It is thought the assets of the bank will yield enough very soon to pay their deposits. ... The Knickerbocker Bank made a strong attempt today to get aid ... Most of the depositors in Savings Banks being of the uneducated classes, it is very easy to get up a panic ... The Knickerbocker, Suffolk and Eighth Avenue, have been excluded, and have failed.
Source
newspapers
2. January 26, 1855 Receivership
Newspaper Excerpt
In the matter of the SUFFOLK BANK, in the City of New-York... all creditors of the Suffolk Bank ... are hereby required to exhibit and establish their demands, before the United States Trust Company, of New-York, Receiver of said Bank ... Dated New-York, January 26, 1855 JOSEPH LAWRENCE, President of the U. S. Trust Co., of New-York. JOHN A. STEWART. Secretary.
Source
newspapers

Newspaper Articles (21)
1. October 13, 1854 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 13, 1854

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Thursday, Oct. 12-P. M. There was a much larger activity in the Stock market to-day and prices generally were buoyant, mainly through sympsthy with the rise in Erie. At the Secend Board there was less buoyancy and the market closed heavy. Erie was 45% about the closing price of yesterday. Reading has been stimulated by the large profits of its business and closed at 74, a further improvement of 1 P cent. Central improved to 91; Nicaragua 23, with good demand; Hudson River, 44. Cumberland closed at 30, showing a firm market. The Western Railroads are dull and generally heavy. In Railroad Bonds the business is $85,000, including New-York Central, 86%; Illinois Central, 681; Panama, 88; Erie, 1862, 73; 1871, 701; Incomes, 86; Saratoga and Sacketts Harbor, 88, &e. In Government Stocks there was nothing done; but a sale of North Carolinas was made at 102, and Californias at 85. The business in Exchangeis limited and the rates have a downward tendency. Sterling is 9@94, with some leading bankers' bills at9f P cent. in large bills. Francs, 5.13}@5.114. The supply of Commercial bills is quite light. From South there have been some France received, but we hear of but few remittances of Sterling. Freights arequiet. To Liverpool we hear of 50,000 bushels Grain at 3}@4d. in bulk; Cotton, d.; Dead-weight, 12/6. A charter was made for Malaga, but the terms did not transpire. To London, 350 bales Hops, 4d. The receipts at the Sub-Treasury are $92,334; paid, $60,485; balance, $5,876,174. The aggregate deposits at the Assay Office have been about $700,000 or $800,000. The first deposit was made by Mr. C. W. Thomas. From some unexplained delay at Philadelphia no bars have yet been received, but a pareel are expected to-night. The Exchanges at the Clearing House were large-$19,531,000. The shipments of gold by the Atlantic on Saturday promise to be nearly a million of dollars, of which $150,000 or more will be in Mexican silver. There is yet about a million of the Mexican fund remaining in Bank. The remainder of the seven millions, 88 far as can be ascertained, has been remitted to Europe. The money market continues without important change. The demand from merchants is large, and they pay high rates, but the stock houses are quite easy, and get what loans they want with facility at 7 P cent. The offerings at Bank are large, and increasing. The street rates for first-class paper are 10@12 P cent. The continuance of the large payments of the month, without important defalcations, is increasing the confidence of capitalists in commercial paper, and the demand for first-class paper is nearly equal to the supply. The multiplication of small banks with capital mainly paid up in notes renewable continually, and managed by parties having but little knowledge of banking, is producing its natural result. To the Eighth-av. and Knickerbocker Banks, already ebronicled as suspended, must now be added the Suffolk. The Suffolk has been in poor credit for some time past, having no arrangement for settlements through the Clearing-House. The capital is $250,000. The circulation is reduced to some $50,000, and will be redeemed by the Metropolitan Bank being secured amply by stocks in the Bank Department The deposits have been drawn down to about $40,000. It is thought the assets of the bank will yield enough very soon to pay their deposits. The dividend to the stockholders will not probably be a large one. There was rather a serious run on the Empire City Bank this morning, but the bank paid up to 3 o'clock. The circulation of this Bank is about $100,000, well secured by Stocks and the deposits about $240,000. There is a Sixpenny Savings Bank conrected with this institution, upon which there was also some run Nearly all the small up-town Banks suffered by the tongue of rumer to day. Most of the depositors in Savings Banks being of the uneducated classes, it is very easy to get up a panic in regard to them with very little distinction between the old established charter institutions and the new bogusdescription such 88 that connected with the Eighth-av. Bank. The depositsin all the Savings Banks will probably run down for awhile, but the excitement will gradually die away and they will run up again. There was some considerable demand for deposites at the Greenwich Saving *Bank to-day, but this institution having a million of dollars invested in Government and State Stocks, which are at any time available can stand any run. The Knickerbocker Bank made a strong attempt today to get aid to the extent of $100,000 with which to resume payment, but did not succeed. The securities in the Savings Bank connected with it are not, we hear, of the most reliable description. The Eighthav. Bank are endeavoring to negotiate their bonds and mortgages in the Bank Department, when they will commence redeeming their notes. There appears to be a determination upon the part of the managers of the Clearing House to purge the City banking system of all Banks the condition of which does not entitle them to full commission. Some half dozen banks outside the Clearing House have been living on from day to day by making their exchanges through some member of the House. Such Banks are to be discredited and forced into liquidation. Atleast such we understand is to be the future policy. No Banks are to be tolerated but such as have a bona fide paid up capital, and such as are prudently and skilfully conducted according to the rules of the Clearing House. The Banks at present members of the Clearing House are: Irving Bank, American Exchange Bank, Atlantic Bank Leather Manufacturers' Bank, Bank of New-York, Manhattan Company, Merchants' Bank. Bank of America, Butchers' & Drovers' Bank, Mechanics' Bank, Bank State of New York, Merchants' Exchange Bank, Bank of Commerce, Mechanics' & Traders' Bank

2. October 19, 1854 The Daily Union Washington, DC
Article from The Daily Union, October 19, 1854

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COMMERCIAL FROM OUR COMMERCIAL CORRESPONDENT NEW YORK, Oct. 17, 1854. Almost all business has during the week been greatly offeeted by the awful catastrophe of the Arctic. No cireumstance hardly ever occurred which so generally elicited the sympathies of the commercial world as that sad event. At the Merchants' Exchange and at the Corn Exchange business was suspended for the day, and the week has been a broken one. The pecaniary loss connected with the Aretie is not so great here as was apprehended; it may reach $1,000,000, ship and cargo, of which one-half is held abroad. The item is, however, an important one when added to the losses previously sustained during the past year on shipping. This interest for the moment is exceedingly depressed, through the reaction of causes which for several years have combined to confer great prosperity upon that interest. The Mexican war caused a demand for vessels on the part of the government, and that demand has been sustained in various ways up to the present time. The famine of 1847 put into requisition all the mercantile navy of the world, and ships-of-war were even required to transport food. The California fever continued the demand for vessels, improved by the Australian excitement of last year, when also the recurring short crops of Europe again gave extensive employment to mercantile tonnage. In all these séven years the building of ships has not ceased largely to increase, until the tonaage now owned in the Union is 4,407,006, against 3,527,115 in 1850 an increase of nearly one million tons, or 30 per cent., in three years. With such means of transportation the demand has fallen off. The trade to California and Australia is next to nothing. The exports of produce to Europe, which were last year so active, are now nearly ceased, while the cotton is not yet active: and the European war, which it was hoped would cause a demand for the neutral bottoms of the United States, has ceased to have any influence. It is not, therefore, a matter of surprise that freights are very low and the value of shipping diminished. The new banks of the city, which have been started recently in such profusion, have also undergone reaction, and three of them have gone down during the week. The difficulty with the concerns was, that they were forced into existence by the payment of the capitals in stock notes, which have not been paid up, and the banks have struggled for existence by attempting to live on credit. Opposed to this were three difficulties: 1st, no notes could be issued without actual security being deposited with the comptroller; 2d. a weekly publication of the condition was required. These are legal regulations. The old banks established a new one of their own in the clearing house, where every bank is required to settle its balances in cash every day. This was fatal; no needy directors could get anything out of the bank for longer than a day, because whatever he got would certainly appear next morning at the clearing house against the institution. The clearing house was for a long time very indulgent, by which is meant that the strong banks were not disposed to press the weak ones. This course, however, soon became impossible, and is now no longer tolerated. The Knickere bocker, the Suffolk, and the Eighth Avenue, have been excluded, and have failed. Some of the officers of the "up town" banks displayed a good deal of feeling, and resorted to queer tricks to affect the old banks-as thus : the city funds a are kept in the Mechanics' Bank, and are usually checked out by the proper officer in favor of the city creditor. On Wednesday there were some two hundred hands to be paid small sums, and an unseen influence induced the drawing of the checks "to order," which required each to endorse his e check. This, to many, was an impossible performance, and it was suggested to them that it was only a trick of the bank e to avoid payment; symptoms of a row became manifest, an r immense crowd gathered round the bank It was then run mored that there was a "run on the Mechanics' Bank that e the bank had "stopped." The activity of the bank officers, e however, soon got over the difficulty, and the plan fell through e The returns of the banks to-day are as follows e New York City Banks

3. October 19, 1854 Kenosha Telegraph Kenosha, WI
Article from Kenosha Telegraph, October 19, 1854

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Banks and Banking Some little stir was made in commercial circles yesterday, by the announcement of the intention on the part of a number of our banking houses to refuse all bills on Indiana Free Banks. The same decision has been agreed upon by the management of the railroads centering in this city. The reasons assigned by the latter are the difficulties and delays incident to the redemption of such bills, increased by the time allowed in the charters of these institutions for such redemption, and, further, the difficulty in ascertaining the standing of many of the more obscure and distant banks. The bills of Indiana State Bank are taken as before. Several of our banking houses, among others Col. Swift's still recieve the larger share of Indiana free bank money, in m derate sums, and from customers. With regard to some of the others, their partiality for wildcats of theit own family probably renders them hard hearted towards other iss es than those which have the easiest accommodation about them. Intelligence was this morning received of the suspension of the following N. Y. City banks:-The 8th Avenue, Suffolk and Knickerbocker, The Kentucky Trust Co. and Newport Safety Fund of Covington, Ky., have also fuiled.-Chi. Jour.

4. October 20, 1854 Wheeling Daily Intelligencer Wheeling, WV
Article from Wheeling Daily Intelligencer, October 20, 1854

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THE Indiana STOCK BANKS.--The wholesale merchants of Cincinnati held a meeting on Saturday evening and resolved to receive the notes of the following banks as long as they cotinue to 10deem their paper on presentation in coin, current funds, or in exchanger Cambridge City Bank; Wayne Bank, Richmond; Wayne Bank, Logansport; Central Bank, Indianspolis; Traders Bank, Indianapolis; Fermers' and Mechanics' Bank Indianapolis; Bank of Capitol; Indiana Stock Bank, Laporte; Bank of Goshen; Upper Wabash Bank; Bank of South Hend; Bank of Indiana, Michigan City: Brookville Bank; In: diana Bank, Madison; Fayette County Bank, Connersville; Huntingdon County Bank; Bank of AIbany, New Albany; Merchants' and Mechanics' Bank, New Albany; New York Stock Bank, Vincennes; Mount Vernon Bank; Bank of Fort Wayne; Delaware County Bank; Great Western Bank, Terre Haute Proirie City Bank, Terre Haute Traders' Bank, Terre Haule; Southern Bank of Indiana, Tetre Houte; Bank of Monticello; New York and Virginia State Stock Bank, Evansville ; Canal Bank, Evansville ; Crescent City Bank, Bloomfield; Western Bank, Plymouth; Steuben County Bank; Bank of Connersville. The following Indiana stock banks have made arrangements in New York for the redemption of their paper at is per cent. discount: Public Stock Bank, Newport; State Stock Sex curity Bank, Newport; Bank of Perryville, Perryville; Bank of Bioomington, Bloomington; Bank of Albion, Albion; Plymouth Bank, Plynic uth; Bank of Bridgeport, Bridgeport; Orange Bank, Poseyville; Diovers' Bank, Rome; Merchants' Bank, Springlield; Bank of Auburn, Auburn; New York and Virginia State Stock Bank, Evansville. At2 per cent. discount: Upper Wabash Bank, Wabash; Southern Bank of Indiana, Terre Haute; Delaware County Bank, Munice; Prai rie City Bank, Terre Haute; Great Western Bank, Terre Haute; Bank of Rensselsor, Renesselaer; Kalamazon Bank, Albion; State Bank of Indiana and branches. All other Indiana money is quoted at 5a10 per cent. discount. Other Western money; All Omergo, is discount; all Illinois, intenor, 2 110.; all isconsin, 2 do.; all Detroit except the State Bank, is do.; all Ohio is do.; all Kentucky and Missori, 2 do.; Government Stock Bank, Michigau, d do. The New York Times of Friday says: There is likely soon to come off on the market a considerable suin of New York State stocks, from the suspensiou or Lquidation of a number of the small banks in this city. In addition to the Eighth Avenue and Knickerbocker, ultendy referred to, the Sulfolk Bank has virtually suspended operations. The circulating notes are going in for red: mption, and will soon be wholly returned to the Bank Department. What becomes of the few bone fide depositors in these concerns, such, we mean, as are not so fortunate us to owe the bank with which they deal, the public have little means of knowing. The process of decimating the uncalled for number of Iree banks in the city by the Clearing- House, has evidently begun in earnest, and the work will not probably cease until ten or twelve are compelled to liquidate for want of a legitimate paying business, or the more immportant want of public favor. Since the summer of 1851, three years ago, the city onks of New York have been doubled in number-58 now, instead of 29 then. STEM

5. October 25, 1854 The Ashland Union Ashland, OH
Article from The Ashland Union, October 25, 1854

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didates, and who will come right side up out the Chaos, CEDIPUS himself could not guess. The oldest and shrewdest campaiguers are at fault, as well they may be, after the late astounding news from Pennsylvania, Ohio and Indiana. The verdict in the case of Dr. Graham seems to give universal satisfaction. His counsel have given notice of a bill of exceptions, but if wise, they will not move for a new trial. Another jury might be less lenient. The maximium of punishment under the verdict, is seven years imprisonment, and the general opinion seems to be, that he should be sentenced for the full term. Iager, found guilty of manslaughter in the third degree, has been condemned to the State Prison for three years. His offence was the stabbing to death of a man named Moran, during a drunken quarrel. Yesterday another fatal knife case was concluded in the court of Oyer and Terminer. The prisoner, Charles Graham, was found guilty in the same degree as Iager, and received the same sentence. It would seem, however, the spirit which is rife among the rowdies of this city, has not been checked by the late examples. A deliberate homicide was committed in Brome Street last night by an unknown man, who leaped upon the platform of a Harlaem car and knocked the brakeman off. The unfortunate man, whose name was Rickert, died fifteen minutes afterwards in consequence of the injuries he received by the fall. A rowdy who had been en gaged in a dispute with Rickerts on Wednesday last, is suspected to be the guilty party, but he has not yet been arrested. Some of the small Banks of this city are shaking in the wind. The Knickerbocker, Suffold, Eighth Avenue and Bank of the Union, have suspended operations, and their circulation is going in for redemption. It is scarely possible that bill-holders should sustain any loss by the failure of these concerns, whatever may be the fate of the depositors. The fact is, we have too many banks of the small fry class. They do anything but a legitimate business, and the sooner they are wound up and their notes redeemed from the proceeds of their stock in the hands of the comptroller, the better. The Knickerbocker Savings Bank also has failed. The weather here is warm enough for August, and the furs, merinos, and other winter goods, behind the plate-glass windows of the fashionable stores in Broadway, look singularly unseasonable. The cholera, which has nearly ceased its ravages on terra firma, is making frightful havoc at sea. On board thé Harvest Queen, from Liverpool, and the Piscatore, from Havre, both arrived yesterday, the total number of deaths on the voyage was one hundred and twentyfive. Seventy-five dead bodies were thrown overboard from the former and fifty from the latter. Business continues to be dull, and.retrenchment of expenses seems to be the order of the day among our merchants; still there are no heavy failures, and although we shall probably have a "tight" time this fall and next winter, there is a fair prospect of a renewal of trade in the spring. The Clearing house which was established last spring by the different banks, has been the cause of the suspension of the banks reported above. If a bank fails to settle up its account daily, it is suspended from the paivileges of the House, which causes a general run upon it, which few banks can go through safely. ST. CYR. THE EUROPEAN WAR.

6. October 26, 1854 Plymouth Banner Plymouth, IN
Article from Plymouth Banner, October 26, 1854

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Banks gone under. The Detroit Daily Free Press of the 22nd inst., publishes the following list of Banks as having recently failed. We have looked for, and may reasonably expect that one of the worst Bank panics the country ever experienced, is just upon us, butas to the correctness of the fate of the following we very much doubt. But here is the list published by the Free Press: Patchin Bank, Buffalo. Farmers and Merchants' Bank, Oswego. Farmers Bank of Canandagua. Drovers Bank. Ogdensburgh. Bank of Carthage. Farmersand Merchants' Bank, Maryland. Bank of Milford, Delaware, Furmers and Merchants' Bank, Memphis. Massillon Bank, Ohio. Ohio Savings Institute, Tiffin. Cochituate Bank, Boston. Bank of West Killingly, Connecticut. Eighth Avenue Bank. New York. Merchants Bank of Macon, Georgia. Bank of Ellsworth, Maine. Elkhart County Bank, Indiana. Bank of Elkhart, Indiana. Bank of Northern Indiana. Bank of Washtenaw, Michigan. Erie and Kalamazoo Bank, Michigan. Knickerbocker Bank, New York. Suffolk Bank, New York. Kentucky Trust Company Bank. Newport Safety Fund Bank. Bank of Connersville, Indiana. Bank of Plymouth, Indiana. Commercial Bank of Kentucky. Bank of Kanawha, Virginia. Ohio Savings Bank, Cincinnati.

7. November 4, 1854 The Ottawa Free Trader Ottawa, IL
Article from The Ottawa Free Trader, November 4, 1854

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From Thompson's Reporter, Oct. 21. List of Banks which have Recently Failed Farmers' and Mc rehants' Bank of Memphis, Tenn., failed Aug. 16; no sale. Bank of Washtenow, Ann Arbor, Mich., failed Aug 21 ; no sale. Bank of Milford, Milford, Del., failed Aug. 21 ; no sale. Monsum River Bank, Sanford, Me., thrown out by the Suffolk Bank, Sept. 27; no sale. Erie and Kalamazoo Railroad Bank, Adrian, Mich., failed Oct. 6; no sale. Adrian Insurance Company, Adrian, Mich., failed Oct. 6; no sale. Ellsworth Bank, Ellsworth, Me., thrown out by the Suffolk Bank Oct. 6; no sale. Eighth Avenue Bank, N. Y. City, failed Oct. 6; 20 per cent dis. Knickerbocker Bank, N. Y. City, failed Oct. 12 ; 20 per cent dis. Suffolk Bank, New York City, suspended Oct. 12; par. Newport Safety Fund Bank, Newport, Ky., failed Oct. 16; no sale. Kentucky Trust Company, Covington, Ky., failed Oct. 18; no sale. Bank of Union, New York City, closing; par.

8. November 8, 1854 Nebraska Palladium Bellevue, NE
Article from Nebraska Palladium, November 8, 1854

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teen minutes afterwards, in consequence of the injuries he received by the fall. A rowdy who had been engaged in a dispute with Rickert, on Wednesday last, is suspected to be the guilty party, but he has not yet been arrested. Some of the small banks of this city are shaking in the wind. The Knickerbocker, Suffolk, Eighth avenue, and Bank of the Union, have suspended operations, and their circulation is going in for redemption. It is scarcely possible, that bill-holders should sustain any loss by the failure of these concerns, whatever may be the fate of the depositors. The fact is, we have too many banks of the small fry class. They do anything but a legitimate business, and the soener they are wound up and their netes redeemed from the proceeds of their stock in the hands of the Comptroller, the better. The Knickerbocker Savings Bank also has failed. The weather here is warm enough for August, and the furs, merinoes, and other winter goods behind the plate-glass windows of the fashionable stores in Broadway, look singularly unseasonable. A fine body of firemen, from Lynn, Mass., calling themselves the Silver Greys and wearing a beautiful uniform of that color, are now receiving the hospitality of the fire department of this city. The cholera, which has nearly ceased its ravages on terra firma, is making a frightful havoc at sea. On board the Harvest Queen, from Liverpool, and the Piscatore from Havre, both arrived yesterday, the total number of deaths on the voyage was one hundred and twenty-five. Seventy-five dead bodies were thrown overboard from the former, and fifty from the latter. The Second avenue railroad company was yesterday mulcted in $3,000 damages, l'or a breach of contract in suspending the laying of concrete rail, after having agree therefor. Whenever a jury get a chance of this kind at a railroad corporation, they are pretty sure to give the plaintiff a rousing verdict. Besides the criminal trials in the court of oyer and terminer this week, there have beentwo In the court of sessions one for manslaughter in the fourth degree, and the other for rape. Both the offenders were found guilty and sentenced to two year's imprisenment. So we go! All the theaters here, seem to be doing a good business, notwithstanding the 'hard times.' At the Broadway English Opera is decidedly successful. Miss Louisa Pyne, the prima donna, is a delightful singer; but the "great Engliah tenor," as n he is called, is by no means equal to Wood, v Wilson, and others, who have preceded him in the same line. d Business continues to be dull, and ref trenchment of expenses seems to be the n order of the day among our merchants.Still there are no heavy failures, and although we shall probably have a "tight" g time this fall and next winter, there is a fair prospect of a renewal of trade in the h spring. The clearing house which was established last spring by the different e banks, has been the cause of the suspenI sion of the banks reported above. If a I bank fails to settle up its accounts daily, ) it is suspended from the privileges of the ) house, which causes a general run upon it, which few banks can go through safeel ly.

9. November 9, 1854 The National Era Washington, DC
Article from The National Era, November 9, 1854

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CAUTION ABOUT MONEYS SENT FOR THE ERA. We have said that we prefer the notes of Eastern to those of Western Banks, where our Western subscribers can obtain them without loss. If this be impossible, send us the notes of the State Banks or their branches in the Western States. The brokers here will not buy the issues of your free banks. We call attention to the following list of banks that have broken or suspended, or whose notes are not taken, reported in Thompson's Detector of October 21st: Farmers' and Merchants' Bank, Memphis, Tennessee. Bank of Washtenaw, Aun Arbor, Michigan. Bank of Milford, Milford, Delaware. Erie and Kalamazoo Railroad, Adrian, Mich. Adrian Insurance Company, Adrian, Mich. Ellsworth Bank, Ellsworth, Maine. Eighth Avenue Bank, New York city. Knickerbocker Bank, New York. Suffolk Bank, New York city. Newport Safety Fund, Covington, Ky. Union Bank, New York city. Kentucky Trust Company, Covington, Ky. Don't send any of these.

10. November 16, 1854 The National Era Washington, DC
Article from The National Era, November 16, 1854

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CAUTION ABOUT MONEYS SENT FOR THE ERA. We have said that we prefer the notes of Eastern to those of Western Banks, where our Western subscribers can obtain them without loss. If this be impossible, send us the notes of the State Banks or their branches in the Western States. The brokers here will not buy the issues of your free banks. We call attention to the following list of banks that have broken or suspended, or whose notes are not taken, reported in Thompson's Detector of October 21st: Farmers' and Merchants' Bank, Memphis, Tennessee. Bank of Washtenaw, Ann Arbor. Michigan. Bank of Milford, Milford, Delaware. Erie and Kalamazoo Railroad, Adrian, Mich. Adrian Insurance Company, Adrian, Mich. Ellsworth Bank, Ellsworth, Maine. Eighth Avenue Bank, New York city. Knickerbocker Bank, New York. Suffolk Bank, New York city. Newport Safety Fund, Covington, Ky. Union Bank, New York city. Kentucky Trust Company, Covington, Ky. Don't send any of these.

11. November 24, 1854 The Belmont Chronicle, and Farmers, Mechanics and Manufacturers Advocate Saint Clairsville, OH
Article from The Belmont Chronicle, and Farmers, Mechanics and Manufacturers Advocate, November 24, 1854

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LIST OF BANKS WHICH HAVE REC ENTLY FAILED.-Thompson's Bank Note Reporter gives the following list of suspended Banks: Farmers' and Mechanics' Bank of Memphis, Tennessee failed Aug. 16. Bank of Washtenaw, Milford, Delaware, failed August 24th. Erie and Kalamazoo Railroad Bank, Adrian, Michigan, failed Oct. 6th. Adrian Insurance Company, Adrian, Michigan, failed October 6th. Ellsworth Bank, Ellsworth, Maine, thrown out by the Suffolk Bank, October 6th. Eighth Avenue Bank, New York city, failed Oct. 6. Knickerbocker Bank, New York city, suspended on the 11th of October. Suffolk Bank, New York city, suspended Oct. 12. Newport Safety Fund Bank, Newport Kentucky, failed October 16th. Kentucky Trust Company, Covington, Ky. failed October 15. Bank of the Union, New York city, closing.

12. December 7, 1854 Carroll Free Press Carrollton, OH
Article from Carroll Free Press, December 7, 1854

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LIST OF Banks WHICH HAVE RECENTLY FAILED,-Thompson's Bank Note Reported gives the following list of suspended Banks: Farmer's and Manchanics' Bank of Memphis, Tennessee failed Aug, 16. Bank of Washtenaw, Millord. Delaware, failed August 24th. Erie and Kalamazoo Railroal Bank, Adrian, Michiganfailed Oct. 5th. Adrial Insurance Company, Advian, Michigan, failed October 6th. Ellsworth. Bank, Ellsworth, Maine, thrown out by the Suffolk Bank. October 6th. Eighth Avenue Bank, New York city, failed Oct. 6.Knickerbocker Bank, New York city, suspended on the 11th of October. Suffolk Bank, New York city, suspended Oct, 12. Newport Safety Fund Bank, Newport Kentucky, failed October 16th, Kentucky Trust Compan Covington, Ky, failed October 15th Bank of the Union, New York city, closing, A dispatch bearing date Boston Dec I says It is stated that the stock bank at Bennington, Vt., which suspended last Monday may ultimately redeem its bills, the directors being held in bonds to the State to insure that result.The bills now sell 50cts on the dollar. We tender our thanksito the Cleveland Leader for an 'extra' containing a map of Sevastopol. It shows the Town, Forts. Harbors, &c. so that by a glance upon it, one can read the description of the battles at that place, understandingly. The Leader never fails tofurnish its readers with what is most interesting and profitable. It is one of the foremost dailies of the West.

13. February 2, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 2, 1855

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UPREME COURT.-In the matter of the SUFFOLK BANK, in the City of New-York-Notice is hereby given, pursuant to the statutes in such case made and provided, &c., in pursuance of an order of the Hon. J. J. Roosevelt a Justice of said Court, duly made in this matter, that all creditors of the Suffolk Bank in the City of New-Vork, are bereby required to exhibit and establish their demands, before the United States Trust Company, of New-York. Receiver of said Bank, at said Company's Office, No. 40 Wall st, in the City of New-York. within thirty days from the date of this notice.-Dated New-York, January 26. 1855 JOSEPH LAWRENCE, President of the U. S. Trust Co., of New-York. JOHN A. STEWART. Secretary.

14. February 6, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 6, 1855

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SUPREME COURT.-In the matter of the BANK, in the City of New-York.-Notice to hereby given, pursuant to the statutes in such case made and provided, &e., in pursuance of an order of the Hoa. Thos. W. Clerke a Justice of said Court, duly made in this matter, that all creditors of the Suffolk Bank in the City of New.Vork, are hereby required to exhibit and establish their demands. before the United States Trust Company, of New-York. Receiver of said Bank, at said Company's Office, No. 40 Wall-st, in the City of New-York, within thirty days from the date of this notice-Dated New-York, January 26, 1855 JOSEPH LAWRENCE. President of the U.S. Trust Co., of New-York. JOHN A. STEWART. Secretary.

15. February 8, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 8, 1855

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UPREME COURT.-In the matter of the SUFFOLK BANK, in the City of New. York-Notice is hereby given, pursuant to the statutes in such case made and provided, &c in pursuance of 8D order of the Hoa. Thos. W. Clerke a Justice of said Court, duly made in thismatter that all exeditors of the Suffolk Bank in the City of New-Vork, are hereby required to exhibit and establish their demands, before the United States Trust Company. of New-York. Receiver of said Bank, at said Company's Office, No. 40 Wall-st, in the City of New-York, within thirty days from the date of this notice-Dated New-York, January 26. 1855 JOSEPH LAWRENCE. President of the U. 8. Trust Co., of New-York. JOHN A. STEWART. Secretary.

16. February 9, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 9, 1855

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UPREME COURT.-In the matter of the SUFFOLK BANK, in the City of New-York.-Notice is hereby given, pursuant to the statutes in such case made and provided, &c. in pursuance of an order of the Hon. Thos. w. Clerke, a Justice of said Court, duly made in thismatter. that all creditors of the Suffolk Bank in the City of New-Vork, are hereby required to exhibit and establish their demands, before the United States Trust Company, of New. York, Receiver of said Bank, at said Company's Office, No. 40 Wall-st, in the City of New-York, within thirty days from the date of this notice.-Dated New-York, January 26. 1855 JOSEPH LAWRENCE. Presidentef the U. S. Trust Co., of New-York. JOHN A. STEWART. Secretary.

17. February 12, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 12, 1855

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UPREME COURT.-In the matter of the EMPIRE CITY BANK. Notice is hereby given, pursuS ant to the statutes in such case made and provided, and in pursuance of an order of the Hon. T. W. Clerke, a Justice of said Court, duly made in this matter, that all creditors of the Empire City Bank are hereby required to exhibit and establish their demands before The United States Trust Company of New York, Receivers of sald Bank, at said Company's office, No. 40 Wall-st.. in the City of New York, within thirty days from the date of this notice.-Dated New-York, Feb. 2, 1855. JOSEPH LAWRENCE, President of The U. S Trust Co. of New-York JOHN A STEWART, Secretary. UPREME COURT.-In the matter of the S SUFFOLK BANK, in the City of New-York-Notice is hereby given, pursuant to the statutes in such case made and provided, &c. in pursuance of an order of the Hon Thos. W. Clerke a Justice of said Court, duly made in thismatter that all creditors of the Suffolk Bank in the City of New-Vork, are hereby required to exhibit and establish their demands, before the United States Trust Company, of New-York. Receiver of said Bank, at said Company's Office, No. 40 Wallet, in the City of New-York, within thirty days from the date of this notice-Dated New-York, January 26. 1855 JOSEPH LAWRENCE, President of the U. 8. Trust Co., of New-York. A STEWART Secretars.

18. February 17, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 17, 1855

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&c., of given, parseant to the statutes in such case made and provided, kc., in pursuance of an order of the Hea. J.J. Receivelt, a Jan tice of said Court, duly made in this matter. that all CREDITORS OF THE KNICKERBOCKER BANK of the City of New York, are hereby required to exhibit and octablish their demands before the United States Trust Company of NewYork. Receiver of said Bank, at said Company's office, No. 40 Wall st, in the City of New. York, within thirty days from the date of this notice. Dated New. York, January 13, 1855, JOSEPH LAWRENCE, President of the U. 8. Trust Co. of New. York. ja22 Sed Jony A. STEWART, Secretary. UPREME COURT.-In the matter of the SUFFOLK BANK, in the City of New-York.-Notice is hereby given, persuant to the statutes is such case made and provided, kc in pursuance of an order of the Hon. Thos. W. Clerke a Justice of said Court, duly made in thiemetter. that all creditors of the Suffolk Bank in the City of New-Vork, are hereby required to exhibit and establish their demande, before the United States Trust Company, of New-York, Receiver of said Bank, at said Company's Office, No. 40 Wallet, in the City of New-York, within thirty days from the date of this notice-Dated New-York, January 26. 1855 JOSEPH LAWRENCE. President of the U. 8. Trust Co., of New-York. JoHN A. STEWART. Secretary.

19. February 20, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 20, 1855

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UPREME COURT.-In the matter of the EMPIRE CITY BANK. Notice is hereby given. pursuS ant to the statutes in such case made and provided, and in pursuance of an order of the Hon. T. W. Clerke, a Justice of said Court, duly made in this matter, that all creditors of the Empire City Bank are hereby required to exhibit and establish their demands befere The United States Trust Company of New York, Receivers of said Bank, at said Company's office. No. 40 Wall-st., in the City of New York, within thirty days from the date of this notice.-Dated New. York, Feb. 2, 1855. JOSEPH LAWRENCE, President of The U. S Trust Co. of New-York. JOHN A. STEWART, Secretary. UPREME COURT.-In the matter of the SUFFOLK BANK, in the City of New-York.-Notice is hereby given, pursuant to the statutes in such case made and provided &c in pursuance of an order of the Hoa. Thos. W. Clerke 8. Justice of said Court, duly made in thismatter that all creditors of the Suffolk Bank in the City of New-Vork, are bereby required to exhibit and establish their demands, before the United States Trust Company, of New-York. Receiver of said Bank, at said Company's Office, No. 40 Wall-st, in the City of New York, within thirty days from the date of this notice.-Dated New-York, January 26. 1855. JOSEPH LAWRENCE. President of the U. S. Trust Co., of New-York. JOHN A STEWART. Secretary.

20. February 23, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, February 23, 1855

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UPREME COURT.-In the matter of the EMPIRE CITY BANK. Notice is hereby given. purse ant to the statutes in such case made and provided, and in par: mance of an order of the Hon. T. W. Clerse, a Justice of said Court, duly made in this matter, that all credicors of the Em pire City Bank are hereby required to exhibit sod establish their demands before The United States Trast Company of New York, Receivers of said Bank. at said Company's office No. 40 Wall-st. in the City of New York. within thirty days from the date of this notice.- Dated New. York, Feb. 2, 1855 JOSEPH LAWRENCE, President of The U.S Trust Co. of New York. JOHN A STEWART Secretary UPREME COURT.-In the matter of the SURFOLK BANK, in the City of New. -Notice is hereby given, pursuant to the statutes in such case made and provided, &c in pursuance of an order of the Hon Thos W Clerke a Justice of said Court, duty madein this matter that all creditors of the Suffolk Bank in the City of New. York, are hereby required to exhibit and establish their demands. before the United States Trust Company. of New-York, Receiver of said Bank, at said Company's Office, No. 40 Wall-st. in the City of New-York, within thirty days from the date of this notice-Dated New-York, January 26. 1855 JOSEPH LAWRENCE. President of the U.S. Trust Co., of New York. JOHN A. STEWART. Secretary.

21. March 5, 1855 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, March 5, 1855

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UPREME COURT.-JAMES MAGEE, against HERMANN COX.-Summons for a money demand on contract-(Com. not ser.)-To the DEFENDANT: You are hereby summoned and required to answer the complaint in this action, which will be filed in the office of the Clerk of the City and County of New-York, at the City Hall in the City of New-York, and to serve a copy of your answer to the said complaint on the subscribers, at the City of New-York, within twenty days after the service of this summons on you, exclusive of the day of such service; and if you fail to answer the said complaint within the time aforesaid, the plaintiff in this acti on will take judgment against you for the sur of six thousand three hundred and ninety five dollars and eighty-two cents, with interest from the fourteenth day of August, one thousand eight hundred and fifts-four, besides the costs of this action.-Dated 77th January. 1855, EMERSON & PRICHARD, No. 8 Wall-st., New-York, Plaintiff's Attorneys. The said complaint was filed in the office of the said Clerk on the seventeenth day of February. 1855 EMERSON & PRICHARD, Attorneys for Plaintiff. f19 law6wM UPREME COURT.-EDWARD FOX against PHILIP BURROWES.-Sumons for money demand on contract-(Com. not ser.)-To the Defendants: You are hereby summoned and required to answer the complaint in this action, which was. on the 24th day of February, 1855, filed in the Office of the Clerk of the City and County of New-York, at the City Hall, in the said city, and to serve a copy of your answer to the said complaint on the subscriber, at his office. No. 54 Wall-st. in said city, within twenty days after the pervice of this +ummone on you, exclusive of the day of such service; and if you fail to answer the said complaint within the time aforesaid, the plaintiff in this action will take judgment against you for the sum of thirty five thousand dollars, ($35,000.) with interest from the first day of December, 1854, besides the cost of this action.-Dated January 31, 1855. ALSERT MATHEWS, fe26 law6wM Plaintiff's Attorney, No 54 Wall-st. UPREME COURT.-In the matter of the S EMPIRE CITY BANK. Notice is hereby given, parsuapt to the statutes in such case made and provided, and in par. suance of an order of the Hon. T. W. Clerke. a Justice of said Court, duly made in this matter, that all ereditors of the Empire City Bank are hereby required to exhibit and establish their demands before The United States Trust Company of New York Receivers of said Bank. at said Company's office, No. 40 Wall-et. to the City of New York, wishin thirty days from the date of this notice.-Dated New-York. Feb. 2, 1855. JOSEPH LAWRENCE, President of The U. 8 Trust Co. of New. York. JOHN A STEWART, Secretary UPREME COURT.-In the matter of the SUFFOLK BANK. in the City of New-York.-Notice is hereby given, pursuant to the statutes in such case made and provided, he in pursuance of so order of the Hoa. Thes. W. Clerke a Justice of said Court, duly made in thismatter. that all creditors of the Suffolk Bank in the City of New-Vork, are hereby required to exhibit and establish their demands. before the United States Trust Company, of New-York, Receiver of said Bank, at said Company's Office, No. 40 Wall-et, is the City of New-York. within thirty days from the date of this nothe New-York, January 26. 1855 JOSEPH LAWRENCE, President of the U. S. Trust Co., of New-York. Jons 1 BJEWART, Secretary.