Merchants National Bank - New Haven, CT

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 1128
Charter Number: 1128
Start Date: October 16, 1909
Location: New Haven, Connecticut (41.308, -72.928)

Metadata

Model: gpt-5-mini
Short Digest: 08fa8b70

Response Measures

None

Description

Article (Oct 16, 1909) describes the court accepting the receiver's report in the case of Merchants National Bank of New Haven and refers to Attorney Henry C. White as receiver; no run is mentioned. This indicates the bank had been placed in receivership and remains closed/under receivership. OCR spelling 'Brigham/Bringham' appears for cashier Frederick Bingham; corrected in notes.

Events (1)

1. October 16, 1909 Receivership

Newspaper Excerpt: the court passed an order accepting the report of Attorney Henry C. White, receiver in the case of the Merchants National bank of that city, against Frederick Bingham, its defaulting cashier... Judge Curtis directed turned over to Brigham's wife. The court also ratified an order allowing Attorney White $350 for his services as receiver.
Source: newspapers

Newspaper Articles (1)

1. October 16, 1909 The Bridgeport Evening Farmer Bridgeport, CT

Article from The Bridgeport Evening Farmer, October 16, 1909

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Article Text

Defaulting Cashier's Case Is Finished At the short calendar session of the civil superior court in New Haven yes terday, Judge Howard J. Curtis presiding, the court passed an order ancepting the report of Attorney Henry C. White, receiver in the case of the Merchants National bank of that city. against Frederick Bingham, its defaulting cashier, ,now serving a sentence in the Federal penitentiary at Atlanta, Ga. Attorney Leonard M. Daggett presented the receiver's report of his transfer of Bingham's property and what dividends have accrued on it to the bank, which, it is stated, will eventually be fully reimbursed. There are several papers of a personal nature, a will, several deeds, etc., which Judge Curtis directed turned over to Brigham's wife. The court also ratified an order allowing Attorney White $350 for his services as receiver. The property which Brigham and his wife occupied in West Haven has not been sold, the receiver stated that this was never in Brigham's name.