17033. Watervliet Bank (Watervliet, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 24, 1849
Location
Watervliet, New York (42.730, -73.701)

Metadata

Model
gpt-5-mini
Short Digest
5a32b203

Response Measures

None

Description

Articles (Mar–Apr 1849) refer to a receiver of the Watervliet Bank and requests/printing of the receiver's report. No article text describes a depositor run; appointment of a receiver implies the bank had been closed/placed in receivership. OCR is legible; no corrections. Classified as suspension_closure because there is a suspension and the bank has a receiver (closure) with no reopening mentioned.

Events (2)

1. March 24, 1849 Receivership
Newspaper Excerpt
called for the consideration of the resolution previously offered by him calling on the receiver of the Watervliet Bank for a report, which was adopted.
Source
newspapers
2. April 9, 1849 Other
Newspaper Excerpt
Mr. FISH moved to print three times the usual number of the Report of the Receiver of the Watervliet Bank. Carried.
Source
newspapers

Newspaper Articles (2)

Article from New-York Daily Tribune, March 24, 1849

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Article Text

JUDGES OF MARINE COURT. The bill providing for the election of Judges of the Marine Court coming up for & third reading, Mr. HALL moved to amend so as to allow the Common Council to give extra compensation to such of the Justices as they might deem worthy, which was adopted. Mr. HAWLEY moved to re-commit the bill in order to amend it 80 that the present Justices should be continued in office until their terms expired. Mr. HALL said they might as well pass no bill as to adopt such an amendment. Some considerable discussion here ensued, Meters. FLOYD and HAWLEY insisting that its object was to legislate Democrats out of office, and Mr. HALL stating that the bill was requested and deemed necessary in more respects than that &jluded to. The bill then passed. It will be seen that the House assented to the amendment, so that the bill only awaits the signature of the Governor to become a law. ASSEMBLY. BILL TO PREVENT FRAUDS. The bill more effectually to prevent frauds came up for a third reading. Mr. CORNELL of N.Y. stated that the bill gave the Emigrant Boarding House keepers a partial and restricted lien on the effects of emigrants. The other amendments to the present law allowed licensed Board. ing-House keepers to solicit emigrants to go to their houses Mr. DISO&WAY of Richmond intimated that the Select Committee had never seen this. and that the numerous amendments to the present law, adjusted by the Emigrant Commissioners and others, had been entirely overlooked. Mr. CORNELL replied that the measures in contemplation by the Select Committee are not interfered with by this bill. After some farther debate the bill was passed. LEWISTON SUSPENSION BRIDGE. The bill chartering the Lewiston Suspension Bridge Company was read a third time and passed. ASSOCIATION FOR THE IMPROVEMENT OF HORSES. The bill to charter the Association for the Improvement in the breed of Horses was read a third time and rejected. Mr. HALE of Steuben moved to reconsider the vote rejecting the bill, and the motion to reconsider was laid on the table. HOURS OF LABOR. The bill to regulate the hours of labor then came up for & third reading. The bill met with considerable opposition. upon the ground urged against it when it was in the Committee. It is almost useless to follow the train of argument as to the reason that the bill was recome tted without instructions, to be reported complete The bill is to be reported at the afternoon sessico, completely eviscerated Its bearings will proba bly not be rreetly got up until it reaches the Senate. CANAL APPROPRIATION BILLS. The eral Canal Appropriation bills sent by telex apa at noon on Wednesday were passed in Committee, and ordered to a third reading. . WESTERN HOUSE OF REFUGE. The Committee of the Whole then took up the bill appropriating 87,700 for the Western House of Refuge. FIRE-PROOF BUILDINGS. The Committee of the Whole also took up the bill providing for the construction of Fire-proof Build ings for the State Library and Historical Society, made some progress therein, and had leave to sit again. CHANCELLOR'S LIBRARY. The bill relative to the disposition of the Chancellor's Library was referred to be reported complete. GOLD MEDALS. On motion of Gen. STRYKER the name of Capt. HERMAN THORNE was added to those to receive gold medals Mr. FIKKE of Kings offered a resolution, which was referred giving Commander SANDS of the U.S. Navy a gold medal in consideration of his services in the last war with Great Britain, and the late war with Mexico. MOUTH 07 THE ERIE BASIN. Mr. THOMPSON of Erie gave notice of his intention to introduce a bill to change the mouth of the Erie Basin at Buffalo. WATERVLIET BANK. Mr. FISH of Montgomery called for the consideration of the resolution previously offered by him calling on the receiver of the Watervliet Bank for a report, which was adopted. GOLD MEDALS. Resolutions were offered in favor of presenting gold medals to Lieuts. GIBBS and PALMER, which were referred.


Article from New-York Daily Tribune, April 9, 1849

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Article Text

Mr. NOBLE made a Minority Report on the subject of selling liquors. Mr. PERLEY, directing the Judiciary Committee to inquire into the propriety of abolishing all laws for the collection of debt. Lost. Mr. DISOSWAY, a written report in regard to frauds on emigrants, Ordered printed. Mr. KIDD moved to refer, to amend and report complete, the Senate bill in relation to assessments of taxes. Agreed t to, and subsequently reported complete. Mr. FISH moved to print three times the usual number of the Report of the Receiver of the Watervliet Bank. Carried. Mr. WING brought in a bill making an appropriation to the Albany Hospital. Mr. L. W. SMITH presented a petition of Phelps, Dodge, and others, in regard to opening streets in New. York. Mr. WHITE brought in a bill to regulate the rates of Railroad fare between Albany and Buffalo. Mr. BOWEN, complete, the bill to incorporate the Rockland Hydraulie Company. Mr. CAMPBELL brought in a bill in relation to Adjourned. pardone. Third reading