New York Stock Bank - Vincennes, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 1, 1855*
Location: Vincennes, Indiana (38.677, -87.529)

Metadata

Model: gpt-5-mini
Short Digest: 7cba0d21

Response Measures

None

Description

New-York Stock Bank (printed as New-York/New York Stock Bank) at Vincennes, IN is listed among suspended banks whose trust securities are to be sold by order of the Indiana State Auditor and later noted as placed in liquidation. No run is described in the articles; the state auditor's actions indicate government-ordered suspension/liquidation leading to closure.

Events (3)

1. October 1, 1855* Suspension

Cause: Government Action
Cause Details: Listed among suspended Indiana banks with state auditor ordering sale of trust securities to redeem circulating notes (state intervention/liquidation).
Newspaper Excerpt: securities held in trust for the redemption of the circulating notes of ... New York Stock Bank, at Vincennes - all of Indiana - will be sold at auction
Source: newspapers

2. October 29, 1855 Other

Newspaper Excerpt: By order of the Hon. H. E. Tabett, Auditor of the State of Indiana for account of INDIANA SUSPENDED BANKS ... on account of New-York Stock Bank at Vincennes. $5,000 Virginia State 6 per cent Coupon Bonds ... will be sold Oct. 29 at the Merchants' Exchange, New York city, at noon on the 29th inst.
Source: newspapers

3. April 23, 1856 Receivership

Newspaper Excerpt: The Auditor of the State of Indiana gives notice that the notes of the following Free Banks have been placed in liquidation ... New York Stock Bank at Vincennes; Plymouth Bank.
Source: newspapers

Newspaper Articles (4)

1. October 10, 1855 Daily Davenport Gazette Davenport, IA

Article from Daily Davenport Gazette, October 10, 1855

Click image to open full size in new tab

Article Text

SALE OF STOCKS OF SUSPENDED INDIANA BANKS.-The Indiana State Auditor gives notice that the securities held in trust for the redemption of the circulating notes of the Plymouth Bank, at Plymouth; State Stock Security Bank, at Newport; Traders' Bank, at Terre Haute; Drovers' Bank, at Rome; Farmers' Bank, at Sterling: Agricultural Bank, at Mount Sterling; and New York Stock Bank, at Vincennes-all of Indiana-will be sold at soction at the Merchants' Exchange, New York city, at noon on the 29th inst. These securities consist sist of Indiana and Pennsylvania fives and Virginia and Louisiana sixes.

2. October 27, 1855 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, October 27, 1855

Click image to open full size in new tab

Article Text

Financial R W. LATHAM. Auctioneer. PECIAL SALE-By order of the Hon. H. E. Tabett. Auditor of the State of Indiana. for account of INDIANA SUSPENDED BANKS.-1. THOMPSON'S Stock Auction Sales, on MONDAY, Oct. 29, at the Merchants' Exchange, at 12} o'clock, on account of New-York Stock Bank at Viscennes. $3 000 Virginia State 6 per cent Conpon Bonds. January Conpen off. on account of Plymouth Bank at Plymouth. $3,500 Indiana State 5 per cent stock. interest from let July, 1855 on account efthe Arricultural Bank. $2 tos Virginia per cent Couson Bonds, January Coupon off. $1 000 Louisiana State Bonds interest from 1st December, 1855. on account of State Stock Security Bank. $3,000 Indiana State 5 per cent Scock, interest from 1st July, 1855. on accenst ofthe Traders' Bank at Terre Hante. $2,160 Indiana State 5 per cent Stock, interest from let July, 1855. on sceennt of Drovers' Barl at Rome. $3,000 Indiana State 5 per cent Stock, interest from 1st July, 1855, en account of Farmers' Bank at Jasper. $3,000 Indiana State 5 per cent Stock, interest from let July, 1855, $3,500 Pennsylvania 5 per cents, with interest from let of August, 1855, All nurchases retast be paid for on or before 1 e'clock of the day after the sale. When purchases are made for account of parties out of the city, 10 per cent will be required on the day of sale, and six days' grace given (adding interest) on the baiance. The secrued interest will go to the purchaser (the same as at the Board of Brokers,) except when otherwise stated. Office J. THOMPSON. No. 2 Wall-st.

3. October 29, 1855 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, October 29, 1855

Click image to open full size in new tab

Article Text

R. W. LATHAM, Auctioneer. # SPECIAL SALE. By order of the Hon. H E. Tabott, Auditor of the State of Indiana for account of INDIANA SUSPENDED BANKS.-J. THOMPSON's Stock Auction Sales, on MONDAY, Oct. 29, at the Merchants' Exchange, at 12½ o'clock, on account of New-York Stock Bank at Vir cennes. $5 000 Virginia State 6 per cent Coupon Bonds, January Coupon off. on account of Plymouth Bank at Plymouth. $3.500 Indians State 5 per cent Stock, interest from 1st July, 1855 on account of the Agricultural Bank. $2100 Virginia 6 per cent Coupon Bonds, January Coupon off. $1 000 Louisiana State Bonds interest from 1st December, 1855, on account of State Stock Security Bank. $3,000 Indiana State 5 per cent Stock, interest from 1st July, 185, on account of the Traders' Bank at Terre Haute. $240 Indiana State 5 per cent Stock, interest from 1st July, 1854, on account of Drovers' Bank at Rome. $3.000 Indiana State 5 per cent Stock, interest from 1st July, 1855, on account of Farmers' Bank at Jasper. $3.000 Indiana State 5 per cent Stock, interest from 1st July, 1856. $3,500 Pennsylvania 5 per cents, with interest from 1st of August, 1855. All purchases must be paid for on or before 1 o'clock of the day after the sale. When purchases are made for account of parties out of the city, 10 per cent will be required on the day of sale, and six days' grace given (adding interest) on the balance. The accrued interest will go to the purchaser (the same as at the Board of Brokers,) except when otherwise stated. Office No. 2 Wall-st. J. THOMPSON.

4. April 23, 1856 The Daily Gate City Keokuk, IA

Article from The Daily Gate City, April 23, 1856

Click image to open full size in new tab

Article Text

News of the Morning. ARRIVAL OF THE AFRICA.-The Africa arrived on the 19th. Peace Conference still sitting, considering minor details. Paris has been illuminated in honor of the peace, and the Orleanists and Legitimists took a part in the illumination. No news of importance from any quarter. Markets active. Iron in good demand. Provisions unchanged. The President and several members of the Cabinet visited Annapolis on the 18th.They were received by citizens in the Senate Chamber of the State House. Mr. Pierce replied in a happy manner. The next day, in company with the Governor and Secretary of State of Maryland, with other officials, they inspected the Naval Academy. Milton L. Latham was unanimously confirmed Collector of San Francisco on the 19th. The South Americans have carried the city of Augusta, Ga, at the charter election. SPECIAL Tax.-The City Council has ordered a vote to be taken on the 30th inst., to authorize the levying of a special tax. We are requested to state that this order was passed not because the Council has determined upon, or even contemplates, any unusual or extraordinary appropriations for any purpose, during the ensuing year. The object is to provide against contingencies. It may happen that the Council will need more means than are at present provided, and in such case the law makes it necessary that the election ordered should be held by the time specified. If the vote should be in the affirmative, the Council will then be clothed with the necessary power, and can then exercise its discretion. We observe that the Mayor's proclamation does not prescribe the form of the ballots. The Auditor of the State of Indiana gives notice that the notes of the following Free Banks have been placed in liquidation, and gives notice to the holders of the notes of said banks to have them at his office for redemption on or before the first day of Oetober next: Traders' Bank at Nashville: Elkhart Co. Bank: Bank of Connersville: Bank of Attica; State Stock Bank of Indiana at Peru; Wabash Valley Bank : Bank of America, at Morocco: Bank of Albany; Bank of Bridgeport; Laurel; Orange Bank Green County Bank; Atlantic Bank; Bank of T. Wadeworth; Traders' Bank at Terre Haute; Drovers' Bank at Rome: Farmers' Bank at Jasper; New York Stock Bank at Vincennes; Plymouth Bank. The Keokuk Post (Republican) comes to us with triumphant rejoicings over a great victory gained over the Democracy of that city, who insisted upon running a ticket at the municipal election, upon strict party grounds. The Independent or opposition ticket was elected by a strong majority.[Dubuque Republican. The Keokuk Post pretends to be independent, but is at least anti-Republican, whatever else it may be, and didn't rejeice very much over the election. The Times is the regular, and the Post is the irregular, Locofoce paper in this city. The Gate City is the only "Republican" journal.