7700. New Orleans Banking Association (New Orleans, LA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 10, 1885
Location
New Orleans, Louisiana (29.955, -90.075)

Metadata

Model
gpt-5-mini
Short Digest
848b8049

Response Measures

None

Description

Articles report the Comptroller of the Currency declaring a dividend to creditors and that depositors have received 62% so far — consistent with a bank that previously suspended and is in receivership with dividends being paid. No mention of a depositor run; federal involvement (Comptroller) indicates closure/receivership by government actors.

Events (1)

1. June 10, 1885 Receivership
Newspaper Excerpt
THE Comptroller of the Currency has declared a dividend of two per cent. in favor of the creditors of the New Orleans Banking Association, making a total of sixty-two per cent. so far paid to the depositors.
Source
newspapers

Newspaper Articles (2)

Article from The Iola Register, June 19, 1885

Click image to open full size in new tab

Article Text

MEER THE 30 SMIN Gleaned by Telegraph and Mail. 'SHION NOTONIHSVM COMMISSIONER ATKINS, of the Indian Bureau, will leave Washington about July 1 -uI A eqs JO understand JO 41814 . uo dian agencies. THE Secretary of the Navy has been informed that Auf de Morte, the defaulting officer at the sub-treasury at New Orleans, 1 si eq Mexico 04 peg seq milles, eutos up IT was reported at Washington recently that Commissioner Sparks was formulating an order cancelling all withdrawals of land by the United States for the protection of the indemnifying limits of railroad grants. The effect of such an order would Issat to proble the 04 restore 04 eq 50,000,000 acres and would undoubtedly lead to litigation. COMMISSIONER SPARKS recently addressed a letter to Secretary Lamar, requesting him to call upon the Attorney General to institute legal proceedings to set aside the Maxwell grantin New Mexico, upon allegations of fraud. The grant comprises two million acres and originally belonged to ex-Senator Chaffee. THE President on the 10th appointed the following Collectors of Internal Revenue: John T. McCarrigle, Ninth District of Pennsylvania; Attilla Cox, Fifth District of Kentucky; George M. Davis, Fourth District of Michigan. THE Comptroller of the Currency has declared a dividend of two per cent. in favor of the creditors of the New Orleans Banking Association, making a total of sixtytwo per cent. so far paid to the depositors. THE Commissioner of Indian Affairs on the 10th opened bids for the supplying of 15,000,000 pounds of beef to the Rosebud, Yankton, Crow Creek and Pine Ridge Indian agencies. There were ten bidders, 99'8$ 04 CF'8$ шолу rended prices the puw per hundred pounds on the beef. COLONEL BATCHELDOR, Deputy Quartermaster General, left Washington recently for New York to receive the testimonials and presents received by General Grant at home and abroad, which were presented to the Government by Mrs. Grant. It was not decided where the presents would be placed. IT was understood at Vashington on the 11th that the Secretary of the Navy had decided to order a courtmartial for the trial of Paymaster General Smith, United States Avey AT Washington, on the 12th, Daniel Carrigan, ex-Chief Clerk of the Bureau of Medicine and Surgery of the Navy Department, who had pleaded guilty of fraud, Albany the u! years XIS of SUM penitentiary. SECRETARY WHITNEY has ordered another trial of the dispatch boat Dolphin, considering that the previous trial was valueless as to the vessel's ability to stand 'BOS heary is 18 one sheem emos очм 'VNHV aq O 'H Washington caused the arrest of the Commissioner of the Land Office for assault, was recently dismissed from his position as Timber Agent of the Land Office. THE EAST. THE New York Daily Commercial Bulletin places the aggregate loss by fires in May, in the United States and Canada, at $8,776,000, or ten per cent. increase in the fire waste during the same month for ten years. ALL the Pittsburgh, Pa., gambling houses have been closed. JOSEPH RENSON, while suffering from delirium tremens recently, blew up his terribly SUM eH 'I R New 18 saloon burned. Three other persons were injured. THE entire family of William King were poisoned the other morning at Stapleton, R. I., by eating canned corn. One child died; the remainder of the family is in a precarious condition. IN the Pennsylvania Senate the Congressional Apportionment bill was passed over the Governor's veto-yeas, 34; nays, 'QT GENERAL GRANT passed an almost sleepless night on the 10th. Dr. Douglass said that it was not because of pain, but the result of steady thought and application to literary work the previous day. The local conditions were unchanged. THE New Hampshire Senate and House met in convention on the 11th and proceeded to an election of State officers, with the following result: Secretary of State, A. B. Thompson; State Printer, John B. Clark; State Treasurer, S. A. Carter and Commissary General, Frank P. Brown. THE epidemic at Plymouth, Pa., was reported decreasing. The plague, however, had broken out at Sugar Notch and Warren Run, near Nanticoke. A NORTH bound fast freight on the Pennsylvania & Schuylkill Valley Railroad recently crashed into the rear end of a local freight which had stopped at Spring Mill Station, near Norristown, Pa. The conductor and fireman were fatally injured. JOHN L. SULLIVAN, the pugilist, became drunk at Philadelphia the other day and put the inmates of several saloons to flight. A dozen of his friends overpowered him and by main force put him to bed. COLONEL EDWARD E. WHITE, United States Consul at Puerto Cabelia, Venezuela, died at his residence in Philadelphia 1244. em uo SERIOUS anti-prohibition riots recently broke out at Spring Vale, Me. The windows of five or six dwellings were smashed, the 07 europ SUM eSsurep principal the mg office of the Advocate. THE WEST. AT the examination of the charges against Assayer Harrison at Helena, Mont., a number of witnesses testified that Government money was used for speculation in private enterprises. A TERRIFIC windstorm passed over Marshall County, III., the other night. Houses were unroofed and trees


Article from The Panola Weekly Star, June 20, 1885

Click image to open full size in new tab

Article Text

# CRIMES AND CASUALTIES. Os the 10th S. H. and Dean Denman, father and son, were killed by the bursting of the boiler on their small steamboat on Cedar River, a few miles below Cedar Rapids, Is. The father was thrown 150 feet and killed instantly. Os the night of the 11th Judge Brown of the United States Circuit Court at Detroit, Mich., was awakened by a burglar in his bedroom. An exchange of shots followed, but nobody was hurt. Os the 11th the fall of the staircase ofla Court-house at Thiers, France, killed twenty-four persons and wounded 163, fourteen very seriously. HAGGERTY, the man who fooled the police to give Odium a chance to make his fatal leap from the Brooklyn Bridge, was sentenced on the 11th to eight months in the Penitentiary. He was allowed to appeal and released on bail. THE greater portion of the town of Groduo, Russia, including the government offices and numerous churches, has been destroyed by fire. The loss amounts to several million rubles. BRITISH residents of Cashmere report that earthquake shocks continue of great severity. The towns of Baramulla and Sopur have been utterly ruined and 400 persons killed. There has also been great loss of life in adjacent villages. Many cattle and sheep have been killed. FIVE men were killed in the construction train wreck on the Cincinnati Southern Railway on the 12th. A RECENT shock of an earthquake completely swallowed up the town of Sikuch, Eastern Caucasus. FIRE in the building in London on the 11th, used by the International Inventions Exhibition, did great damage to the Indian museum and several departments. CAPTAIN LAWTON's supply camp at Cloverdale ranch, A. T., was surprised by Indians and five men killed. THREE chidren of Henry A. Altmeyer, at Larentum, Pa., were terribly burned on the 12th; caused by a lamp explosion. THE Supreme Court of South Carolina has affirmed the death sentence against Thomas Gee, Thomas McNeill and Joseph Howard, all colored, for murder. They will be executed at Fayetteville, June 25th. A CYCLONE passed over Council Bluffs, Ia., the evening of the 12th, doing considerable damage. The fourth and fifth stories of the State Deaf and Dumb Asylum were blown off. Damage, $10,000. No lives lost. DURING an altercation on the 12th between Henry Neirte and Peter Guidinger, farmers residing about twelve miles north of Milwaukee, Wis., the former was shot and killed by Guidinger, who delivered himself up to the authorities soon after. A HEAVY wind storm at Omaha, Neb., on the night of the 12th demolished a four-story brick building belonging to G. A. Lindquest & Co., which was being erected at the corner of Jones and Tenth streets. The building was almost completed. In falling the walls crushed in the adjacent dwelling, fatally injuring one man. On the 13th Ed. Hall, a famous counterfeiter and forger, was arrested in New York. FREDERICK GROTEGUTH confesses to killing his wife. He is in jail at Vincennes, Ind. On the 13th high winds destroyed much property in Iowa. In Pulaski County three people were killed. HARVEY THRASHER, who is wanted in Indiana for murder and embezzlement, was captured in Arkansas on the 13th. Os the 14th, in a railroad collision at Jeffersonville, Ind., Thomas Eads, a fireman, was fatally hurt. MORE blood-letting is reported from Ireland. A farmer has been killed and a farm laborer shot. Os the 14th George Cuff killed Richard Duffy at a candy party at Scranton, Pa. The quarrel began in a joke. Os the 14th a woman of Temperanceville, near Pittsburgh. Pa., jumped into the river with her child in her arms. Both were drowned. Os the 14th three garroters assaulted a wealthy citizen of New Orleans. Officers gave chase and killed Joseph Martin, a noted criminal, after a desperate fight. # MISCELLANEOUS. THE Mayor and Chief of Police of Louisville, Ky., will seek redress for alleged wrongs in published charges of corruption through the medium of the Grand Jury. The Morning Commercial and Evening Post -printed the charges. AT Lynchburg, Va., four large cigar factories have shut down. A DIVIDEND of two per cent. has been declared by the Comptroller of the Currency in favor of the creditors of the New Orleans Banking Association, making a total of sixty-two per cent. so far paid to depositors. In Pittsburgh, Pa, all the gambling houses were closed the night of the 10th by order of the Mayor, who says gamblers from Chicago and Western cities, under the impression that Pittsburgh is their of paradise, have been flocking there, and he wants it stopped. MARTIAL law has been declared at Panama. CHOLERA is increasing in Spain and causing great alarm. RUSSIA is said to be cultivating the friendship of King John of Abyssinia. THE Denver & Rio Grande Railroad strike is apparently at an end, resulting in a complete victory for Receiver Jackson's management. The road is now in perfect working order in every department. THE steamers Weser and Polynesia, quarantined at New York on account of small-pox, have over fifty cases. THE Government has discontinued the purchase of silver for coinage into dollars at San Francisco and Corson. AT Toronto, Ont., an important land suit has been decided, involving $4,000,000, the case turning on the question as to whether a certain district belonged to the Dominion or Ontario. THE Bureau of Statistics at Washington will resume the publication of the statements of imports and exports. THE St. Joseph & Western Railroad was sold by a special master under a decree of the United States Circuit Court on the 11th, for $3,000,000. THE trunk line passenger agents have agreed upon a contract for pooling business and will submit it to the Presidents for approval. THE press of Russia insist on the correctness of the report that the Ameer of Afghanistan is dead. A MOVE is said to be on foot to abolish.