Pratt Bank (Buffalo, NY)

Episode Information

Episode UID
5606847990647
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
560684799 hash
Start Date
November 8, 1853
Location
Buffalo, New York (42.886, -78.878)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
44978cc2c7d8a2d9

Response Measures

None

Description

Sources state notes refused and list the bank among suspended/broken institutions, but definitive receiver assignment or formal failure not provided.

Events (2)
1. November 8, 1853 Suspension
Cause Details
Newspapers report notes refused; no specific internal cause given in available articles.
Newspaper Excerpt
Notes of the Pratt Bank of Buffalo...are all refused to-day.
Source
newspapers
2. November 18, 1853 Other
Newspaper Excerpt
Pratt's Bank, Buffalo, N. Y; ...Some of them have temporarily suspended and others broken outright: ... Pratt's Bank listed among them.
Source
newspapers

Newspaper Articles (2)
1. November 9, 1853 Wheeling Daily Intelligencer Wheeling, WV
Article from Wheeling Daily Intelligencer, November 9, 1853

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Article Text

TELEGRAPHIC NEWS By the National Line. TELEGRAPHED FORTHEDAILYINTKLLIGENCER BANK SUSPENSIONS AND REFUSALS. BALTIMORE, Nov. 8.-The Patchin Bank of Buffalo suspended yesterday, in consequence, it is said, of large loans made to the Buffalo and York Railroad. Mr. Patchin, President of the Bank, is also President of the Railroad, and has assumed liabilities on its behalf. Much excitement exists. CINCINNATI, Nov. 8.-Notes of the Pratt Bank of Buffalo, Owego Bank and Tiago Bank, are all refused to-day. LATER.-CIN. Nov. 8-Evening.-A dispatch from our New York correspondent this a fternoon. does not confirm the report of the failure of any bank except the Patchin Bank of Buffalo. The reports received here to day of other failures, originated in Buffalo and Cleveland.

2. November 18, 1853 Indiana American Brookville, Indianapolis, IN
Article from Indiana American, November 18, 1853

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Article Text

Don't Take Them. Don't take bills on the following BanksSome of them have temporarily suspended and others broken outright: Patchin Bank, Buffalo: Erie & K alamazoo R. R. Bank: Farmers' Joint Stock Banking Co; Can. ada; Atalanta Bauk, Georgia; Bank of Owego, New York: Pratt's Bank, Buffalo, N. Y; Chautaque County Bank.N. Y; Lewis County Bank, N Y ;