Newspaper reports describe a period of heavy withdrawals at a Brooklyn branch (March 30, 1931) and an allegedly false remark that there was a lot of excitement. No suspension or closure is mentioned. The slander charge arising from the remark was dismissed.
Events (3)
1.August 29, 1865Chartered
Source
historical_nic
2.August 26, 1919Voluntary Liquidation
Source
historical_nic
3.March 30, 1931Run
Cause
Rumor Or Misinformation
Cause Details
An individual's false remark that there was 'a lot of excitement' at a Brooklyn branch during heavy withdrawals, reported to be untrue and alleged to be calculated to cause a run.
Random Run
Yes
Random Run Snippet
a lot of excitement false remark reported; no such condition existed
Newspaper Excerpt
on March 30 last, during a period of heavy withdrawals at a borough banking institution, Abelson made the remark that there was a lot of excitement at a branch of the National City bank near by, whereas no such condition existed.
Source
newspapers
Newspaper Articles (4)
1.April 12, 1919Le MeschacébéLucy, Edgard, Bonnet Carre, Reserve, LA
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Article Text
THE LIMELIGHT IS NICHOLAS ROMANOFF ALIVE? Is Nicholas Romanoff, former Russian'czar, alive or dead? Bernard Naumberg, a New York lawyer, has been named by Supreme Court Justice Benedict in Brooklyn as a committee of one to find out. The Marine Transportation Service corporation early in the war transported a large quantity of sugar to Russia on the then czar's order. Before collection was made Nicholas was deposed and, according to generally accepted reports, slain. Mr. Naumberg learned that the czar had $1,000,000 on deposit in the National City bank. He obtained a court judgment for $117,450. but upon presenting it to the bank was informed the bank could not pay out any of the fund unless Nicholas either was served with notice or proved dead. He then applied for appointment of a receiver for the fund. Justice Benedict denied the application, telling Mr. Naumberg it would be necessary first to serve Nicholas with notice or, after proving him dead, serve notice upon his next of children his in not if
2.April 12, 1919The Benson SignalBenson, AZ
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Article Text
IS NICHOLAS ROMANOFF ALIVE? Is Nicholas Romanoff, former Russian czar, alive or dead? Bernard Naumberg, a New York lawyer, has been named by Supreme Court Justice Benedict in Brooklyn as a committee of one to find out. The Marine Transportation Service corporation early in the war transported a large quantity of sugar to Russia on the then czar's order. Before collection was made Nicholas was deposed and, according to generally accepted reports, slain. Mr. Naumberg learned that the czar had $1,000,000 on deposit in the National City bank. He obtained a court judgment for $117,450, but upon presenting it to the bank was informed the bank could not pay out any of the fund unless Nicholas either was served with notice or proved dead. He then applied for appointment of a receiver for the fund. Justice Benedict denied the application, telling Mr. Naumberg it would he necessary first to serve
3.April 9, 1931Daily NewsNew York, NY
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Article Text
Bank Slander Charge Dismissed
Dismissal of a charge of violating Section 303 of the penal code, which lists as a misdemeanor the circulating of a report calculated to cause a run on a bank or otherwise disturb public confidence in a banking institution, was ordered yesterday in Coney Island court at a hearing on a complaint against Louis Abelson of 2467 64th st., Brooklyn. It had been asserted that on March 30 last, during a period of heavy withdrawals at a borough banking institution, Abelson made the remark that there was "a lot of excitement" at a branch of the
National City bank near by, whereas no such condition existed. The man who made the charge, Rudolph Richter of 1335 West 7th st., Brooklyn, failed to press the complaint yesterday.
4.April 9, 1931Daily NewsNew York, NY
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Article Text
Bank Slander Charge Dismissed
Dismissal of a charge of violatIng Section 303 of the penal code, which lists as a misdemeanor the circulating of a report calculated to cause a run on a bank or otherwise disturb public confidence in a banking institution, was ordered yesterday in Coney Island court at a hearing on a complaint against Louis Abelson of 2467 64th st., Brooklyn. It had been asserted that on March 30 last, during a period of heavy withdrawals at a borough banking institution, Abelson made the remark that there was "a lot of excitement" at a branch of the
National City bank near by, whereas no such condition existed. The man who made the charge, Rudolph Richter of 1335 West 7th st., Brooklyn, failed to press the complaint yesterday.
