Whitestone Savings Bank (New York, NY)

Episode Information

Episode UID
4885313991040
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
488531399 hash
Start Date
August 16, 1886
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
28fd965c593e5bf4

Response Measures

None

Description

Articles report insolvency and application for a receiver; OCR shows variant White Stone.

Events (2)
1. August 16, 1886 Receivership
Newspaper Excerpt
An application was made ... for the appointment of a receiver for the Whitestone Savings Bank, which he says has become insolvent. He thought the bank should be enjoined from doing any more business, and the superintendent should be directed to take possession of the bank. Judge Barrett took possession of the papers
Source
newspapers
2. August 16, 1886 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank described as insolvent; deputy attorney general applied to appoint a receiver and to enjoin the bank from doing further business.
Newspaper Excerpt
An application was made this morning in the Kings County Supreme Court by Mr. Whitaker, Deputy Attorney General, for the appointment of a receiver for the Whitestone Savings Bank, which he says has become insolvent.
Source
newspapers

Newspaper Articles (2)
1. August 17, 1886 The Wheeling Daily Intelligencer Wheeling, WV
Article from The Wheeling Daily Intelligencer, August 17, 1886

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Article Text

Another Savings Bank Wreeked. NEW YORK, August 16.-An application was made this morning in the Kings County Supreme Court by Mr. Whitaker, Deputy Attorney General, for the appointment of a receiver for the Whitestone Savings Bank, which he says has become insolvent. He thought the bank should be enjoined from doing any more business, and the superintendent should be directed to take possession of the bank. Judge Barrett took possession of the papers.

2. August 17, 1886 The Argus Rock Island, IL
Article from The Argus, August 17, 1886

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Article Text

Savings Bank Insolvent. NEW YORK, Aug. 17.-An application was made Monday morning in the Kings county supreme court by Mr. Whittaker, deputy attorney general, for the appoint ment of a receiver for the White Stone Savings bank, which be says has become insolvent. He thought the bank should be enjoined from doing any more business, and the superintendent should be directed to take possession of the bank. Judge Barrett took possession of the papers