Bank of Staten Island - Staten Island, NY

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 26, 1909
Location: Staten Island, New York (40.583, -74.150)

Metadata

Model: gpt-5-mini
Short Digest: f488ea76

Response Measures

None

Description

Article (The Sun, 1909-06-27) discusses ongoing receivership litigation for the Bank of Staten Island and mentions Receiver John S. Davenport. No article text describes any run prior to the receivership or any reopening; the presence of a receiver indicates the bank was closed and in receivership. Classified as suspension_closure because the bank is in receivership (permanent closure) with no reported run or reopening.

Events (1)

1. June 26, 1909 Receivership

Newspaper Excerpt: Litigation involving the Bank of Staten Island receivership was before Supreme Court Justice Howard at special term to-day... attorneys for Receiver John S. Davenport ... request for an allowance of $2,775 on account of services.
Source: newspapers

Newspaper Articles (1)

1. June 27, 1909 The Sun New York, NY

Click image to open full size in new tab

Article Text

BANK OF STATEN ISLAND. Request of Attorneys for Receiver Davenpert for Allowerees Comes Up. ALBANT, June 26.-Litigation involving the Bank of Staten Island receivership was before Supreme Court Justice Howard at special term to-day, the principal matter Involved being a request by Jellenik & Stern of New York, attorneys for Receiver John S. Davenport, for an allowance of $2,775 on account of services. Mr. Stern also asked the court for an order authorizing the receiver to continue for another year his contract with his firm as attorney. Under the contract the maximum to be annually allowed is $5,000. Decision on this application was postponed until July 10 at the request of Deputy Attorney-General Clark in order to permit the Attorney-General to investigate the various items in the account. Mr. Stern also asked leave of the court to pay receivership stenographer bills aggregating several hundred dollars. This was opposed by Deputy AttorneyGeneral Clark because the bills were not in verified form and the matter went over until the fourth Saturday in August. The application of Attorney-General O'Malley to require a final accounting of the receivership of the bank was postponed to the fourth Saturday in October owing to the unsettled litigation pending. A similar application to require a final accounting of the Holland Trust Company of New York went over for the same reason until December 27.