City Bank (Oswego, NY)

Episode Information

Episode UID
2958378790950
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
295837879 hash
Start Date
February 23, 1879
Location
Oswego, New York (43.455, -76.510)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0a4f4196bdd32b10

Response Measures

None

Events (1)

1. February 23, 1879 Receivership
Newspaper Excerpt
The City Bank ... will not open its doors to-morrow. Judge Moxon has appointed W. J. Barker, of Syracuse, receiver.
Source
newspapers

Newspaper Articles (11)

Article from The Sun, February 24, 1879

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The Oswego City Bank Closed. OSWEGO, Feb. 23.-The City Bank. of which Delos Dewolf is President, will not open its doors tomorrow. Judge Moxon has appointed W. J. Barker of Syracuse receiver The capital stock of the bank is $220,000 The assets of the bank are $300,000. The amount due depositors is $75,041 The officers of the bank have for some time past contemplated liquidation but the present financial difficulties have precipitated the cilsis All depositors will be paid iia full. The bank was established twenty nine years ago.


Article from The New York Herald, February 24, 1879

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AN OSWEGO BANK CLOSED. OSWEGO, N. Y., Feb. 23, 1879. The City Bank, of which Delos Dewolf is president, will not open its doors to-morrow. Judge Moxon has appointed W. J. Barker, of Syracuse, receiver. The capital stock of the bank is $220,000. The assets of the bank are $300,000. The amount due devositors is $75,000. The officers of the bank have for some time past contemplated liquidation, but the present financial difficulties have precipitated the crisis. The depositors will be paid in full. The bank was established twenty-nine years ago.


Article from New-York Tribune, February 24, 1879

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THE OSWEGO CITY BANK CLOSED OSWEGO, N. Y., Feb. 23.-The City Bank, of " btch Delos Dewolf is president, will not open 118 doors to-morrow. Judge Moxon has appointed W. J. Barker, of Byracuse, receiver. The assets of the bank


Article from Chicago Daily Tribune, February 24, 1879

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osw EGO, Oswrdo, Feb. 23.-The City Bank has gone into the hands of a Receiver. The depositors. will be paid in full.


Article from Daily Press and Dakotaian, February 25, 1879

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the Datty Duketzian. YANKTON, DAKOTA. Tuesday Evening, Feb. 25, 1879 DEFERRED TELEGRAMS. TROUBLE IN PANAMA, Panama, Feb. 24.-In an ongagement between government troops and revolutionists at Olivares Ostioquia, twenty-five men were killed, and the revolutionists worsted. Canca is invaded by eight thousand Antioquine and the neighboring states are called upon for men and arms to repel the inveders. Some hard fighting and the expenditure of a million or more of money will be necessary to restore order. The national troops in Panama will be maintained at 200 men to preserve the. integrity of transit, menate by revolutionists frequently occurring. EARTHQUAKES. Another shock of an earibquake was felt at Arequipa on the 19th ultimo; also sumdry shocks at Iquiqui. No damage. FOR SITKA. Portland, Oregon, Feb 24. The revenue cutter Wolcott left Port Townsend for Sitka on the 20th inst. CHIEF MOSES. Lieut. Wood, of Gen. Howard's staff, reports that he has delivered to Chief Moses intelligence from the interior department that he cannot have the reservation asked for last fall through General Howard. Moses expressed great disappointment at the denial of his request, but said he would try and persuade his people to do the next best thing the government would allow. but could not do much for the manner in which they would receive such very bad news. POTTER COMMITTEE. Washington, Feb. 24.-In the Potter committee the chairman read an affidavit from Chas. W. Wooley, of Cincinnati, stating that it is dangerous for him to leave his bed, denying utterly all statements before the committee of John T. Coyle; that so far as they concerned himself they are absolutely untrue. He offers to prep are a sworn statement of all his transactions in Louisiana and Florida for the use of the committee. It was decided not o receive the affidavit. The chairman also read a letter from Alex. Torn, who, according to Coyle's testimony offered to sell the Florida returning board for $100,000. He a-ke permimion to relute before the committee the charges against him. No action was taken on the letter. Wm. E. Chandler asked leave to give the committee some papers in the handwriting of General Barlow. One was a letter written by him to Jon. Bell, of Monticello, Fla., introducing H. C. Perkins, of the postoffice department as a man fit to be trusted. These letters were put in evidence to show that at the time they were wri ten General Barlow was acting in the republiCAD interest. Chandler informed the committee of his Florida eipher and that unmerous telegrams sent by him to Florida were in possession of John I. Davenport. James H. Maddox, replying to Wharton's statement maid Wharton knew Gov. Wells was for sale, and he proposed they should see Packard in regard to it. Thev talked the matter over with him and $30,000 was mentioned as the sum required. Packard and not decline to put up the money, but *aid he would take the maiter under consideration a few days. Afterward it was suggested by Wharton that Packard <hould promise an office to Wells Packard said he could not promise him office at the time, but he had done Wells many other acts of kindness and he must judge from the past what he would in the future. Maddox reported the conversation to Wells, who declined the offer. He said he might want to leave New Orleans, and did not want an office, but money. Wharton proposed that he, Maddex, should keep up negotiations with Wells to prevent his falling into any other, but witness declined. D. J. M. Jewett, who acted secretary to the repubtican campaign committee of Loutsiana in 1876, testified to false protests being made from several parishes. SENTENCE OF A BULL DOZER. Baltimore, Feb. 23-In the circ it court Judge Bond sentenced Martin Burns, judge of election, pleading guilty to hindering a United States supervisor at the late congressional election, to a year in prizon and to pay a fine. ATTENDED A FUNERAL New York, Feb. 24 Bishops Burdell. of Ohio, and Seymour, of Springfield, III., attended to-day the funeral of Dr. Haight, forty years assistant minister of Trinity parish. RUN ON ABANK. Oswego, Feb. 24.-A run was made on the Oawego County Savings bank this fore noop, but the officers availed themselves of the sixty days clause, The bank has $12,000 deposited in the City bank which is closed. THE TELLER COMMITTEE. Washinton, Feb 24 -At a meeting of the Teller committee, the ebuirman said that If it was desired to investigate the manner of conducting elections in Pennsylvania, New York. Massechusetts, Vermont and Colorado it would be Decessary for the


Article from The Princeton Union, February 26, 1879

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MISCELLANEOUS In the Tyne ship yard 8000 shipbuilders are on a strike] The bank of Oswego, N. Y., has failed. The French Atlantic cable is broken 161 miles from St. Pierre, Miqueron. The departments at Washington will be closed on Saturday, Feb. 22, Washington's birth day. The city bank of Oswego, N. Y., has gone into the hands of a receiver. Depositors will be paid in full. Secretary Sherman has ordered the revenue cutter Oliver Wolcott, now at Post Townsemd, to Sitka, to preserve the peace. The British man-of-war Osprey, left Victoria, B. C. Feb. 18th, for Sitka at the earnest request of citizens who represent that they fear an indiscriminate massacre by Indians. A number of young citizens of Zurich have started for Georgia, where it is proposed to start a Swiss colony, under the auspices of the workingmen's association. Others will ollow. A St. Petersburg telegram says, despite the general thaw and warm weather throughout the infected districts, both public and private advices state that no fresh cases of plague have occurred. Cardinal Manning, archbishop of Westminster, has had a long and cordial interview with the pope, who congratulated the cardinal on the progress of Catholicism in Great Britain, and discussed measures for its extensionPreparations are making throughout the cities of the Eastern States for a grand celebration of the forthcoming anniversary of the birthday of the Irish patriot martyr, Robert Emmet, which occurs on the 4th of March next. A New York telegram of Feb. 23d, says, the cattle dealers have begun to ship f beef to England in refrigerators, instead of e live cattle, and will probably continue to do so as long as the recent order of the English privy council remains in force. It is not y probable that cattle dealers will ship cattle 1from Canadian ports. Mr. Pierpont Edwards, Ih British vice consul in New York said that the iprivy council would repeal the order as soon m as the danger of a spread of the disease had ceased. CAn Ottawa dispatch of Feb. 21 says ry The government intimated to Hickson, gen eeral manager of the Grand Trunk railway of who has been in active communication with a them respecting recent orders with regard to er importation and transportation through Canada of United States cattle, that if Wester en. States will take the necessary steps to guar olagainst the disease spreading into their terri fell tories which are free from it, they will use a ver their influence with the British governmen nt, to permit the shipment of cattle from Wester exStates through Canadian ports.


Article from Little Falls Transcript, February 27, 1879

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MISCELLANEOUS. In the Tyne ship yard 8000 shipbuilders are on a strike} The bank of Oswego, N. Y., has failed. The French Atlantic cable is broken 161 miles from St. Pierre, Miqueron. The departments at Washington will be closed on Saturday, Feb. 22, Washington's birth day. The city bank of Oswego, N. Y., has gone into the hands of a receiver. Depositors will be paid in full. Secretary Sherman has ordered the revenue cutter Oliver Wolcott, now at Post Townsemd, to Sitka, to preserve the peace. The British man-of-war Osprey, left Victoria, B. C. Feb. 18th, for Sitka at the earnest request of citizens who represent that they fear an indiscriminate massacre by Indians. A number of young citizens of Zurich have started for Georgia, where it is proposed to start a Swiss colony, under the auspices of the workingmen's association. Others will ollow. A St. Petersburg telegram says, despite the general thaw and warm weather throughout the infected districts, both public and private advices state that no fresh cases of plague have occurred. The St. Paul, Minn., boom company have made a contract with Kempt & Co., Of the Eau Clair lumber company to operate the St. Paul boom for five years. These gentlemen are building the boom. Cardinal Manning, archbishop of Westminster, has had a long and cordial interview with the pope, who congratulated the cardinal on the progress of Catholicism in Great Britain, and discussed measures for its extensionPreparations are making throughout the cities of the Eastern States for a grand celebration of the forthcoming anniversary of the birthday of the Irish patriot martyr, Robert Emmet, which occurs on the 4th of March next. A New York telegram of Feb. 23d, says, the cattle dealers have begun to ship beef to England in refrigerators, instead of live cattle, and will probably continue to do so as long as the recent order of the English privy council remains in force. It is not probable that cattle dealers will ship cattle from Canadian ports. Mr. Pierpont Edwards, British vice consul in New York said that the privy council would repeal the order as. soon as the danger of a-spread of the disease had ceased. An Ottawa dispatch of Feb. 21 says: The government intimated to Hickson, general manager of the Grand Trunk railway, who has been in active communication with them respecting recent orders with regard to importation and transportation through Canada of United States cattle,that if Western States will take the necessary steps to guard against the disease spreading into their territories which are free from it, they will use all their influence with the British government to permit the shipment of cattle from Western States through Canadian ports. A New York telegram of Feb. 21, says: The English trustees of the Atlantic & Great mortgages have agreed upon terms of lease for ninety-nine years of that road to the New York, Lake Erie & Western railroad company, and a formal proposal has been mailed to President Jewett, of the latter company. The lease will go into effect after the Atlantic & Great Western road is sold under pending foreclosure proceedings and reorganization has been effected. The sounsel of James McHenry announces that he will oppose the lease in courts. A letter from St. Petersburg says of the plague in Russia: It has spread in the southern provinces ata rapid rate. Thousands upon thousands have died with it within the last six days. The victims, when taken, live only about two hours and turn black all over as a negro. All physicians ordered to the care of the sick have died within twenty-four hours after their arrival. The corpses are burned and so are the houses in which people die. Whole towns have been laid waste in the past few days, The goveenment has placed a cordon of soldiers around the infected provinces, so that the people cannot get out


Article from River Falls Journal, February 27, 1879

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MISCELLANEOUS. In the Tyne ship yard 8000 shipbuilders are on a strike The bank of Oswego, N. Y., has failed. The French Atlantic cable is broken 161 miles from St. Pierre, Miqueron. The departments at Washington will be closed on Saturday, Feb. 22, Washington's birth day. The city bank of Oswego, N. Y., has gone into the hands of a receiver. Depositors will be paid in full. Secretary Sherman has ordered the revenue cutter Oliver Wolcott, now at Post Townsemd, to Sitka, to preserve the peace. The British man-of-war Osprey, left Victoria, B. C. Feb. 18th, for Sitka at the earn est request of citizens who represent that they fear an indiscriminate massacre by Indians. A number of young citizens of Zurich have started for Georgia, where it is proposed to start a Swiss colony, under the auspices of the workingmen's association. Others will ollow. A St. Petersburg telegram says, despite the general thaw and warm weather throughout the infected districts, both public and private advices state that no fresh cases of plague have occurred. The St. Paul, Minn., boom company have made a contract with Kempt & Co., of the Eau Clair lumber company to operate the St. Paul boom for five years. These gentle. men are building the boom. Cardinal Manning, archbishop of Westminster, has had a long and cordial interview with the pope, who congratulated the cardinal on the progress of Catholicism in Great Britain, and discussed measures for its exten. sionPreparations are making throughout the cities of the Eastern States for a grand celebration of the forthcoming anniversary of the birthday of the Irish patriot martyr, Robert Emmet, which occurs on the 4th of March next. A New York telegram of Feb. 23d. says, the cattle dealers have begun to ship beef to England in refrigerators, instead of live cattle, and will probably continue to do so as long as the recent order of the English privy council remains in force. It is not probable that cattle dealers will ship cattle from Canadian ports. Mr. Pierpont Edwards British vice consul in New York said that the privy council would repeal the order as soon as the danger of a spread of the disease had ceased. An Ottawa dispatch of Feb. 21 says The government intimated to Hickson, gen. eral manager .of the Grand Trunk railway who has been in active communication with them respecting recent orders with regard to importation and transportation through Canada of United States cattle,that if Western States will take the necessary steps to guard against the disease spreading into their terri. tories which are free from it, they will use all their influence with the British government to permit the shipment of cattle from Western States through Canadian ports. A New York telegram of Feb. 21, says : The Euglish trustees of the Atlantic & Great Westerh mortgages have agreed upon terms of lease for ninety-uine years of that road to the New York, Lake Erie & Western railroad company, and a formal proposal has been mailed to President Jewett, of the latter com pany. The lease will go into effect after the Atlantic & Great Western road is sold under pending foreclosure proceedings and reor ganization has been effected. The sounsel of James McHenry announces that he will oppose the lease in courts. A letter from St. Petersburg says of


Article from Iowa County Democrat, February 28, 1879

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THE WORLD'S WORK. MISCELLANEOUS. KANSAS Pacific railway stock jumped from 7 to 211, Feb. 20th. MCHENRY, Ill., has enjoyed a vigor temperance revival. BISHOP FOLEY, of Chicago, died Feb. aged nearly 57. A FIRE at Owenton, Ky., Feb. 20th, estroyed $40,000 worth of tobacco. Ex-MAYOR WESTERVELT, of New York city, died Feb. 21st. THE heaviest snow storm of the prevailed throughout Nova cotin, Feb. 21st. REPORTS from westernstates and tertories show that the immigration this will exceed anything ever known. THE City bank of Oswego, N. Y., has into the hands of a receiver. A BOILER explosion at Stockton, Calion the 22nd of Feb., resulted in death of six or eight men. THE amount of claims already filed gainst Archbishop Purcell amount to 3,600,000. C. W. ANGELL, the absconding secreof the Pullman car company, arin Philadelphia on the bark hooting Star, Feb. 21st. MR. M. STANLEY, superintendent of Selina, Rome & Dalton railroad, who was injured in the recent acon that road, has since died. A FIRE at Minneapolis, Feb. 20th, the wholesale and retail house Lumley, grocery and wine merchant. $26,000; insured for $8,000. THE government inspector declares is no contagious disease among cattle at the Chicago Union Stock THE executive committee of the proworld's fair to be held in New in 1889, is at work selecting a site the big show. THE North Chicago rolling mills affered loss by fire on the 19th of ebruary amounting to $14,000, nearly covered by insurance. THE Illinois state house commissionreport shows that up to date $3,21,399.33 has been expended under direction, and the end is not yet. A EUROPEAN tour for clergymen is anned by some New York preachers. is to consume July and August, and clergymen are to be taken as far as Italy and back at a cost of $350 each. A COLLISION of ferry boats running tween San. Francisco and Oakland courred on the 19th of February. confusion followed and it is bemany were drowned. THE British steamer Zanzibar left York Jan. 11 for Glasgow and has since been heard from. It is bethe vessel has sunk with all on THE directors of the Chicago & Northestern railway company have declara quarterly dividend of 11 per cent. preferred stock, and have decided to quarterly dividends on these hereafter. THE United Order of Workmen


Article from Watertown Republican, March 5, 1879

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WORLD'S WORK MISCELLANEOUS. -CONGRESSMAN HASBROUCK died N. Y., Feb. 23rd. Pacific coast is pretty solid f inti-Chinese immigration bill. W. ANGELL has been se to ten years in the penitentiar City bank of Oswego, N. Y., h into the hands of a receiver. national butter, cheese and e meets in Chicago March 7. BOILER explosion at Stockton, Ca on the 22nd of Feb., resulted death of six or eight men. amount of claims already file Archbishop Purcell amount 0,000. reports from Leadville sta that young city now numbers 1. nhabitants. Nebraska legislature adjourne at 2:45 a. m. Feb. 26. It passe during the session. PAUL BOYNTON started fro Pa., Feb. 24, for his loi to New Orleans in his life-savir old settlers of Wisconsin wl to the state prior to 1848, are r to meet July 16, to form a pe association. CARNIVAL took formal posse of the city of New Orleans Fe and ordered the season of mer to begin. Illinois senate passed a bill pr for the election by the people commissioners, who are no by the governor. PANAMA dispatch says: Anoth of earthquake was felt at Ar on the 7th ultimo. Also sundi at Iquique. No damage W of consequence. SCHOONER ran ashore near Bor Feb. 26, and several of the cre drowned in the surf. The ca wife also died before aid cou her. Illinois senate by a vote of 18 dopted a resolution thanking se and representatives at Washin for adoption of a law for restric Chinese immigration. W. ANGELL, the defaulting se of the Pullman Car Co,, arrive hicago from his foreign trip Fe immediately went to jail. local difficulties at New Mexi unabated. A few days sin Chapman, a lawyer, and head McSween faction, was shot dead of the court house in Linco LACHAPELLE, the little Fren strienne, after completing h mile walk in 2,700 consecuti hours in Chicago, started up tramp of 300 quarter mile it on time, and making t score on record. taking of testimony by Ignati in the contested election ca Washburn, closed Feb. 24th. T stigation extended through for It is understood that Mr. Was will not take any testimony. DEWEES chairman of the gree


Article from Mineral Point Tribune, March 5, 1879

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# THE WORLD'S WORK. MISCELLANEOUS. EX-CONGRESSMAN HASBROUCK died at Rondout, N. Y., Feb. 23rd. THE Pacific coast is pretty solid for the anti-Chinese immigration bill. CHARLES W. ANGELL has been sentenced to ten years in the penitentiary. THE City bank of Oswego, N. Y., has gone into the hands of a receiver. THE national butter, cheese and egg association meets in Chicago March 5, 6, and 7. A BOILER explosion at Stockton, California, on the 22nd of Feb., resulted in the death of six or eight men. THE amount of claims already filed against Archbishop Purcell amount to $3,600,000. LATEST reports from Leadville state that that young city now numbers 15,000 inhabitants. THE Nebraska legislature adjourned sine die at 2:45 a. m. Feb. 26. It passed 900 bills during the session. CAPTAIN PAUL BOYNTON started from Pittsburg, Pa., Feb. 24, for his long swim to New Orleans in his life-saving suit. THE old settlers of Wisconsin who came to the state prior to 1848, are requested to meet July 16, to form a permanent association. KING CARNIVAL took formal possession of the city of New Orleans Feb. 24th, and ordered the season of merriment to begin. THE Illinois senate passed a bill providing for the election by the people of the park commissioners, who are now appointed by the governor. A PANAMA dispatch says: Another shock of earthquake was felt at Arequipa on the 7th ultimo. Also sundry shocks at Iquique. No damage was done of consequence. A SCHOONER ran ashore near Borngate Feb. 26, and several of the crew were drowned in the surf. The captain's wife also died before aid could reach her. THE Illinois senate by a vote of 18 to 16, adopted a resolution thanking senators and representatives at Washington, for adoption of a law for restricting Chinese immigration. CHAS. W. ANGELL, the defaulting secretary of the Pullman Car Co., arrived in Chicago from his foreign trip Feb. 25, and immediately went to jail. THE local difficulties at New Mexico continue unabated. A few days since H. J. Chapman, a lawyer, and head of the McSween faction, was shot dead in front of the court house in Lincoln county. EXILDE LACHAPELLE, the little French pedestrienne, after completing her 2,700 mile walk in 2,700 consecutive quarter hours in Chicago, started upon another tramp of 300 quarter miles, finishing it on time, and making the best score on record. THE taking of testimony by Ignatius Donnelly in the contested election case with Washburn, closed Feb. 24th. The investigation extended through forty days. It is understood that Mr. Washburn will not take any testimony. F. P. DEWEES, chairman of the greenback national committee, accepts the challenge of Thomas M. Nichol, secretary of the Honest-Money League, for a public discussion of the greenback question. THE heavy-brained youths in the eastern colleges are distinguishing themselves by the usual rows with the faculty. Wholesale expulsions of students have occurred at Trinity college, Hartford, and at St. Stephen's college, Poughkeepsie. A BLOOMINGTON, Ill, dispatch says: Richard and Warner Redenius, two additional members of the family near Gridley afflicted with trichina, died yesterday. Four out of five members have now died, and the fifth (Mrs. Redenius) is not expected to survive. Homan G. Croon, son-in-law of Redenius, is suffering also, and cannot recover. A SPECIAL dispatch to the Dubuque, Iowa, Times stated that the Rev. Allen Curr, the dismissed Baptist minister, left San Francisco for Dubuque Feb. 24th. Mr. Curr was lately written up by the Dubuque Herald as a fraud, swindler embezzler, and general rascal. He returns to meet the charges, and there will be lively times for somebody when he gets there. The Herald article caused an immense excitement in the city and neighborhood. A DISPATCH from Tucson, Arizona, says: Private advices received Feb. 26th from Sonora state that the legislature has just conferred extraordinary powers on Governor Mariscal, and that, in pursuance thereof, the governor was inaugurating the most vigorous measures to thoroughly suppress the revo-