17054. National Bank (Whitestown, NY)

View Charter #1458 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
1458
Charter Number
1458
Start Date
October 1, 1867
Location
Whitestown, New York (43.123, -75.309)

Metadata

Model
gpt-5-mini
Short Digest
c41d5a0c

Response Measures

None

Description

Multiple contemporary newspapers (Oct–Nov 1867) list the National Bank of Whitestown, Oneida County, NY as having failed/suspended and passed into the hands of receivers. No article describes a depositor run. Therefore this is a suspension that resulted in receivership/closure. Dates: failure reported by Oct 1, 1867; receivership reported in lists published Oct–Nov 1867.

Events (4)
1. July 17, 1865 Chartered
Source
historical_nic
2. October 1, 1867 Suspension
Cause Details
Article reports failure/insolvency amount ($130,000) but gives no specific triggering cause (no rumor, run, or correspondent failure described).
Newspaper Excerpt
The National Bank at Whitestown, N. Y., has failed for $130,000.
Source
newspapers
3. October 10, 1867 Receivership
Newspaper Excerpt
The following National Banks have passed into the hands of Receivers: ... National Bank of Whitestown, Oneida county, N. Y.
Source
newspapers
4. February 14, 1868 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (7)
1. October 1, 1867 Public Ledger Memphis, TN
Article from Public Ledger, October 1, 1867

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Article Text

THE NEWS. Gold opened in New York this morning at 1433/8. and had declined to 14334 up to noon. Cotton is reported quiet, but prices steady. Grant having refused to issue guns to the Maryland militia, Governor Swann has purchased a battery of 12-pound Napoleon guns. The preliminaries are being arranged in Washington for the trial of ex-President Davis at the November term of the Richmond Circuit Court. President Johnson has intimated that his final stand against Congress will be to resist the right of that body to suspend him during his trial, if impeached. Three inches of snow fell in New Hampshire yesterday. A favorable dispatch has been received at Washington regarding the health of Pensacola. The fever at that point is rapidly subsiding. Sixty-seven deaths from the epidemic were reported in New Orleans yesterday. The funeral of Gen. Sterling Price, in St. Louis yesterday. was one of the largest ever witnessed in that city. The races over the Laclede course commeneed yesterday. Jonesboro, Pat Maloy and Plantagenet were the winning horses, The city authorities of Nashville have determined not to vaeate their offices in favor of the recently elected Radicals and a conflict is again feared with the militia. The National Bank at Whitestown, N. Y., has failed for $130,000. Callicotti the alleged fraudulent revenue collector, has waived an examination. Rev. Dr. Johngton, one of the ablest Old School Presbyterian divincs of New York, died in that city yesterday. Sheridan is being lionized to-day by the Radicals of Brooklyn and New York city. Jefferson Davis reached Toronto yesterday, and was received with great enthusiasm. It is reported that Hon. John Rose is to be Speaker of the House of Commons of Canada. and Hon. Hilliard Cameron President of the Senate. The Treasury receipts of San Francisco for the past ten days have been over a million dollars. The Radicals of Virginia claim that they will have at least sixty out of the one hundred and fifty-five delegate to be elected to the State Convention, A dispatch from Oregon states that Lieutenant Small, 1st United States cavalry, fought and defeated a band of Snake Indians near Lake Albert. The same band had lately defeated General Cook's friendly Indians, After the first charge the Snakes made for 2 swamp, but the troops dismounted and fought waist deep in water. Twenty-six warriors with their chief were killed, and fifteen were taken prisoners. None of the soldiers were hurt.

2. October 10, 1867 Clearfield Republican Clearfield, PA
Article from Clearfield Republican, October 10, 1867

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Article Text

NATIONAL BANKS SUSPENDED.-The following National Banks have passed into the hands of Receivers: Croton National Bank, N. Y. National Bank of W bitestown, Oneida county, N. Y. Atlas Bank, of Providence, R. I. Unadilla National Bank, Unadilla, New York. Kingston National Bank, Kingston, New York. Farmers' and Citizens' National Bank, Brooklyn, N. Y. First National Bank, Utica, N. Y. First National Bank, Medina, N.Y. First National Bank, Columbia, N.Y. Venango National Bank, Franklin, Pennsylvania. Merchants' National Bank, Washington, D. C. Tennessee National Bank, Memphis, Tennessee. First National Bank, New Orleans, Louisiana. First National Bank, Carondelet, Missouri. First National Bank, Selma, Alabama.

3. October 24, 1867 The Jeffersonian Stroudsburg, PA
Article from The Jeffersonian, October 24, 1867

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Article Text

National Banks Suspended. The following National Banks have passed into the hands of Receivers : Croton National Bank, New York. National Bank of Whitestown, Oneida co., New York. Atlas Bank of Providence, Rhode Island. Unadilla National Bank, Unadilla, New York. Kingston National Bank, Kingston, New York. Farmers' and Citizens' National Bank, Brooklyn, N. Y. First National Bank, Utica, N. Y. First National Bank Medina, N. Y. First National Bank, Columbia N. Y. Venango National Bank, Franklin, Pa Merchants' National Bank, Washing ton. D. C. Tennessee National Bank, Memphis, Tenn. First National Bank of New Orleans Louisana. First National Bank, Carondelet, Mo. First National Bank, Selma, Alabama Mrs. Jesse Craig of Island Falls, Maine made, in six weeks this summer, 50 pounds of cheese.

4. October 31, 1867 Fayetteville Observer Fayetteville, TN
Article from Fayetteville Observer, October 31, 1867

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Article Text

BROKEN NATIONAL BANKS.The following is a list of the National Banks that have suspended and passed into the hands of receivers. It will be found interesting to business men : Croton National Bank, New York; National Bank of Whitestown, Oneida county, N. Y.; Atlas Bank of Providence, R, I. ; Unadilla National Bank, Unadilla, N. Y.; Kingston National Bank, Kingston, N. Y.; Farmers' and Citizens' National, Brooklyn, N. ¥.; First National Bank, Utica, N. Y.; First National Bank, Medina, N, Y.; First National Bank, Columbia, N. Y.; Venango National Bank, Franklin, Pa.; Merchants' National Bank, Washington, D. C.; Tennessee National Bank, Memphis, Tenn.; First National Bank, New Orleans, La.; First National Bank, Caroudelet, Mo.; First National Bank, Selma, Ala.

5. November 1, 1867 The Pulaski Citizen Pulaski, TN
Article from The Pulaski Citizen, November 1, 1867

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Article Text

The Lexington Statesman says the corn crop of Kentucky will be a very short one, perhaps not much above one-third of a crop; in some portions of the State that not more than five bushels to the acre, and in this region, where the yield ought to be from fifty to sixty bushels to the acre, not more than thirty or forty will be raised. Corn is already selling at $2 25 a barrel in the field, and it is expected it will be as high as $5 per barrel, gathered and delivered. BROKEN NATIONAL Banks.--The following is a list of the National Banks that have suspended and passed into the hands of receivers. It will be found interesting to business men : Croton National Bank, New York ; National Bank of Whitestowc, Oneida county, N. Y. : Atlas Bank of Providence, R.I.; Unadilla National Bank, Unadilla, New York ; Kingston National Bank, Kingston, New York; Farmers' and Citizens' National Bank, Brooklyn, New York ; First National Bank, Urica, New York; First National Bank, Medina, New York ; First National Bank, Columbia, New York ; Ve. nango National Bank, Franklin, Pa.; Merchants' National Bank. Washington, D. C. ; Tennessee National Bank, Memphis, Tenn.; First National Bank, New Orleans, La. First National Bank, Carondelet, Missouri; First National Bank, Selma, Ala.

6. November 22, 1867 Indiana American Brookville, IN
Article from Indiana American, November 22, 1867

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Article Text

List of Broken National Banks. The following is a list of the National Banks that have suspended and passed in. to the hands of receivers: Croton National Bank, New York, National Bank of Whitestown, Oneida county, N. Y. Atlas Bank of Providence, R. I. Unadilla National Bank, Uuadilla, N. Y. Kingston National Bank, Kingston, N. Y. Farmers' and Citizens' National Bank, Brooklyn, N. Y. First National Bank, Utica, N. Y. First National Bank, Medina, N. Y. First National Bunk, Columbia, N. Y. Venango National Bank, Franklin, Pa. Merchants' National Bank, Washington, D C. Tennessee National Bank, Memphis, Tennessee. First National Bank, New Orleans, La. First National Bank, Carondelet, Mo. First National Bank, Selma, Ala. The notes of these Banks are not affect. ed in value.

7. January 3, 1868 The Athens Post Athens, TN
Article from The Athens Post, January 3, 1868

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Article Text

# Broken National Banks. The following is a list of the National Banks that have suspended and passed into the hands of receivers. It will be found interesting to business men: Croton National Bank, New York. National Bank of Whitestown, Oneida county, New York. Atlas Bank of Providence, R. I. Unadilla National Bank, Unadilla, N. Y. Kingston National Bank, Kingston, N. Y. Farmers' and Citizens' National Bank, Utica, New York. First National Bank, Medina, N. Y. First National Bank, Columbia, N. Y. Venango National Bank, Franklin, Pa. Merchants' National Bank, Washington, District of Columbia. Tennessee National Bank, Memphis, Tenn. First National Bank, New Orleans, La. First National Bank, Carondelet, Me. First National Bank, Selma, Alabama.