New Amsterdam Savings Bank (New York, NY)

Episode Information

Episode UID
5555445390921
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
555544539 hash
Start Date
September 27, 1876
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fbc023e9be5e3b02

Response Measures

None

Description

Officers claimed the bank was solvent but suspended amid wider loss of confidence and sought a receiver.

Events (2)
1. September 27, 1876 Suspension
Cause
Local Banks
Cause Details
Loss of depositor confidence following failures/suspensions of other local savings banks and widespread withdrawals; officers sought receiver despite claiming solvency.
Newspaper Excerpt
The New Amsterdam Savings Bank ... suspended payment today and applied for a receiver.
Source
newspapers
2. December 10, 1876 Receivership
Newspaper Excerpt
Richard M. Bent was yesterday appointed by Judge Benedict receiver of the New Amsterdam Savings Bank.
Source
newspapers

Newspaper Articles (22)
1. September 28, 1876 New Orleans Republican New Orleans, LA
Article from New Orleans Republican, September 28, 1876

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NEW YORK. The Silver Commission. NEW YORK, September 27.-The eilver commission have selected M . Nourse, of Boston, for the East; Genera ! Dix for the Middle Statee, and Mr. Groesteck for the Weet and South, as three experts authorized by the act creating the commission. The Wrecked Steamer Liberty's Carge. The steamer Liberty, wrecked between Havana and this port, had a cargo of eugar, palm leaf and tobacco, valued at $50,000. A Savings Bank in Trouble. The New Amsterdam Savinge Institution has given notice requiring eixiy days' notice from depositors. Embarcation of Tweed. A special diepatch from Vigo Bays Tweed was removed at half-past nine o'clock last evening from his fortress pricon to the Franklin. He offered very little objection to his removal. He was treated with every consideration, and the quarters of Rear Admiral Case were assigned to him. Tweed's companion, William Hunt, was taken on board the Franklin, but was almost 1mmediately set at liberty. Hunt looks like a mechanic. In an interview with Hunt, after his release, he was very reticent, retusing to give the history of their wanderings, and still maintaine that his friend Secor is not William M. Tweed. Hunt, after leaving the Franklin, went immediately to see an American friend at the Hotel Europa, who was registered there under the name of R. Lands, who is considered here to be Tweed's son, having been recognized by a Spaniard who professes to have known him in New York city. There was much opposition here to the surrender of T weed to the American authorities, and the action of the government was almost universally condemned. The hour for the departure of the Franklin is set for two o'clock this evening. Marine. The Mary Newell, from Cardenae, reports eight hours heavy hurricane; on the sixteenth or seventeenth saw a partially dismasted Equare rigged vessel, about 500 tons burden; could not bear down to her safely saw no signals. The steamer New York, from Havana, reports that she saw and passed, on the seventeenth, a wreck with masts just above the water.

2. September 28, 1876 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, September 28, 1876

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NEW YORK. Another Large Coal Sale. NEW YORK, Sept. 27.-The Delaware, Lackawana and Western Railroad Co. sold 100,000 tons of Scranton coal today. The attendance of buyers was large and prices were below those of Wednesday. The prices brought were as follows:-Steamboat, 2.87 and 2.921, grate, 2.971, egg, 3,15 and 3 30, stove 3,90 and 4, chestnut 3.20 and 3.32. The coal is deliverable at Hoboken during the present month. Halew Reef. The exploded reef at Hallett's Point was thoroughly examined today by divers, who reported that the rocks were broken np beautifully. Tea Sales by Auction. About 25,000 lbs. of tea were sold at auction today at 18 1-2 cts. to 64 for green; 23 1-2 cts. to 26 for old Japan; 44 12 to 53 for new; 3412 to 64 for Formosa Oolong; 29 to 32 1-2 for Amoy; 24 to 24 1-2 for Souchong; and 20 to 27 1-2 for Conyou. The Seward Statue. The statue of Wm. H. Seward in Madison Avenue was formally dedicated this afternoon. Secretary Fish made the formal presentation to the city. Mayor Wickham responded and W. M. Evarts delivered an address. Failure of a Savings Bank. The New Amsterdam Savings Bank of this city suspended payment today and applied for a receiver. Three years ago it bad $800,000 deposits, now there are but $510,000. The institution has never been a paying one, but claims a surplus of $11,000 and that by the end of sixty days all the securities will be turned into cash and the depositors paid. The capital of the bank is reported at something over $500,000.

3. September 28, 1876 The Sun New York, NY
Article from The Sun, September 28, 1876

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WINDING UP IN TIME. The New Amsterdam Naviugs Bank Suspending Business while still Solvent. The New Amsterdam Savings Bank, at the corner of Bowery and Rivington streets, after an existence of seven years. has decided to retire from business. and on Saturday last notifled its depositors that from that day it would require sixty days' notice from all customers who wished to withoraw their deposits. The same day they refused to receive further deposits, and sent to Albany a committee. consisting of the President. Theodore Frohwein, the Secetarv. Martin Schrenckeisen. and Mr. George F. Martens, a trustee, to consult with the Superintendent of the Banking Department, and ask for the appointment of a receiver. It is the intention of the officers to call a meeting of the depositors. ask them to select some gentleman who they would like to have act as a receiver. and then uvge upon Superintendent Ellis the propriety of appointing him to such position. The officers claim the bank to be perfectly solvent. and able to pay 100 cents on the dollar. They do not close business because the bank is weak or shaky. but because the people have been so generally frightened by the tailure of other banks that they are withdrawing their money, that deposits come in but very slowly, and. for comparatively young or small banks, there is now no profit in the business. Before the panic of 1873. the amount they held on deposte averaged over $800,000, but since then there has been a steady falling off. the confidence of the people having been impaired. and the prospects of an improvement seem very remote. Neither the President, Secretary, nor Trustees of the bank have received any salary from the organization until now, and they have finally determined to wind un its affairs. The condition of the bank on the first of the present month was as follows: ASSETS,

4. September 28, 1876 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, September 28, 1876

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NEW YORK. The Weather. New York, September 27. Weather clear, cold, wind northwest. Political. Nearly 30,000 voters registered in Brooklyn, yesterday. Financial. The silver commission have selected Benj. F. Morse of Boston, Gen. Dix of New York, and Wm. Groeshbeck of Ohio, as experts. Marine Disaster. Capt. Sundhoig and crew of the lost steamship Liberty, arrived here to-day. Her cargo was sugar, palm oil and tobacco, valued at $50,000. She was wrecked by the gale of Sunday, the 17th. She had no passengers. Sounding Newton's Channel. Divers are to sound Newton's channel, to-day. Boss Tweed. A Vigo special says Tweed, under escort of Spani-h soldiers, was taken from prison and marched through unfrequented streets and put on a boat belonging to the frigate Franklin and taken on board. The citizens are said to be indignant at his surrender. Storm. A heavy northeast gale makes navigation in the North river and bay quite dangerous. Failure. The New Amsterdam savings bank of this city, suspended payment to-day, and applied for a receiver. Three years ago it had 800,000 deposits; now there are but 510,000. The capital of the bank is reported at something over $500,000.

5. September 30, 1876 The Dallas Daily Herald Dallas, TX
Article from The Dallas Daily Herald, September 30, 1876

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SUSPENSIONS. 1100 Run on the New York Savings Banks. NEW YORK, September 29.-The suspension of the New Amsterdam and Bond street savings banks has produced quite an excitement among small depositors in different savings institutions, and at the time the banks were opened for business this morning, the counters were surrounded by people anxious to withdraw their deposits. Bank Suspension in San Francisco. SAN FRANCISCO, September 29-The Valley Savings and Commercial Bank suspended yesterday. It was caused by the financial embarrasement of the president, General J.B. Friable, who has been unfortunate in stock specu tions. The assets of the bank stated at upwards of $550,000, and debtedness at $325,000. The BUSPEL sion is expected to be temporary.

6. September 30, 1876 New-York Tribune New York, NY
Article from New-York Tribune, September 30, 1876

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THE SAVINGS BANKS. MANY DEPOSITORS WITHDRAWING THEIR ACCOUNTS -ACTIVITY OF THE DRY DOCK BANK-RESERVES OF THE BOND STREET BANK. There appears to be considerable uneasiness among the depositors of the different savings banks, and an inclination to withdraw deposits, even from some of the stronger institutions. The closing or suspension of the New Ainsterdam and Bond Street banks has apparently created this excitement. At the Dry Dock Bank, at Third-st. and the Bowery, yesterday, large numbers of men and women called for their deposits. The officers of the bank waived the 60 days' notice which they had a legal right to enforce, and the uneasy depositors were paid as fast as two clerks could settle their accounts. Mr. Webster, the secretary of the bank, stated that the securities held by the bank could be turned Into money in two or three hours, and that even if they were sold at the lowest market rate there would be a surplus left large enough to start another bank with a capital of from $60,000 to $65.000. Most of the securities were United States and city bonds, which command a premium of from 8 to 15 per cent. Six millions of these bonds are United States, New-York City, Brooklyn, and Albany bonds, all of which are salable at a moment's notice. The excitement also extended somewhat to the Bowery, Bleeeker Street, and Metropolitan Banks, and the officers of each made similar statements in regard to their readiness to meet any demands. About 250 depositors of the suspended Bond Street Savings Bank assembled last evening at No. 291 Bowery. Henry Dauscha was chosen chairman, George D. Rollwagen secretary, and Sohn Lewis treasurer. The committee appointed to confer with the officers of the bank made a favorable report. Following are the chief points of interest: Value of assets by the books, $1,412,287 58, with lialiabilities $1,286,688 02, showing an apparent surplus of $125,599 56. The committee, however, reported as immediately available:

7. September 30, 1876 The Portland Daily Press Portland, ME
Article from The Portland Daily Press, September 30, 1876

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NEW YORK. The Hell Gate Explosion. NEW YORK, Sept. 29.-Gen. Newton officially reports to the Pilot Commissioners the following deptbs of water over late Hallett's reef. Since the explosion, from 180 feet distan from the shore line to the line of buoys, the bottom slopes gradually from 8 feet depth at mean low water to 20 feet. Outside the line of buoys not less than 20 feet depth at mean low tide was observed. Divers have been examining the reef and report a thorough break-up. The Book Trade Fair. The fourth fair of the American Book Trade Association closed at 6 o'clock last night. The last day proved to be the most successful of the four in a business point of view, and there were as many books sold yesterday as there were during the three previous days. Full returns of sales will not be made for several days, but it is thought the aggregate amount will reach $100,000 Savings Bank Panic. The recent suspension of the New Amster dam and Bond street Savings Bank has produced quite an excitement among the smaller depositors in the different savings institutions, and this morning every savings bank in the city was crowded with depositors, demanding their money. The Express says that before the close of another week the probabilities are that others of the small banks will be compelled to close their doors. The depositors of the Bond street Savings Bank met to-night and received the report of the committee on investigation. The report showed that the amount due depositors is $1,286,688. The assets amount to $1,412,287. The assets are composed of U. S. bonds, real estate. cash on hand, call loans, bonds and mortgages. Gift to Charitable Institutions. The board of estimate and apportionment of aldermen to-day voted about $17,000 of excise money to charitable institutions. Yellow Fever Scare. A yellow fever scare was created in Jersey City to-day, where two cases and one death are said to have occurred, the latter a lady who nursed her sick husband in Savannah. The physicians, however. say her death was caused by intermittent fever. Deaths are announced of the wife of Commodore Garrison, and of Newton St. John, formerly a leaging banker of Mobile, all of this city. Child Murder. Catherine Stevens, who is endeavoring to prosecute her reputed husband, Robert Stevens, for bigamy, asserts that he in the past fourteen years has drowned her four children before they were a day old. Defranding Insurance Companies. Samuel Harlem, of the firm of Harlem & Co., manufacturers of clothing at 12 Sirpenpard street, was arrested to-day, charged by the Fire Marshal with attempting to defraud the following fire insurance companies: Williamsburgh City, Relief Insprance Co., Girard of Philadelphia, British American Assurance Co. of Toronto, Mechanics' Insurance Co of Brooklyn. His place of business was burned some time ago, and assisted by the merchant creditors of the firm, who furnished him with fraudulent invoices, he endeavored to extort $17,344 75 from these companies, while his actual loss was about $7000. The total amount for which he was insured was $22,000. Steps will be taken to punish the merchants who furnished him with fraudulent invoices. International College Race in Prospect. ITHICA, Sept. 29.-At a very large and enthusiastic meeting of the various classes of Cornell University, held to-night, it was decided to send a challenge to the winners in the Cambridge-Oxford race, which occurs in March next. The challenge will be fours or eights, with a coxswain, as the Englishmen may desire, and for a four-mile race over the regular course, from Putney to Mortlake.

8. September 30, 1876 The New York Herald New York, NY
Article from The New York Herald, September 30, 1876

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THE CLOSED SAVINGS BANKS. AFFAIRS AT THE NEW AMSTERDAM SAVINGS BANK. To the casual observer the New Amsterdam Savings Bank, at No. 215 Bowery, wore its wonted appearance yesterday. When the information that an injunction to suspend business had been served on the bank it was expected that a "run" would be the result. Nothing of the kind occurred, however, and yesterday the vicinity of the bank was as quiet as usual. Mr. Weber, the cashir, told a HERALD roporter that the depositors had perfect confidence in the announcement made by the President that the bank was capable of paying 100 cents on the dollar. and that the injunction and receiver had been applied for in the best interests of the depositors. The schedule of assets and liabilities published in yesterday's HERALD show the former to be amply sufficiento discharge the latter. The depositors have as yet held no meeting, but it is intended to call together'all the depositors representing amounts over $3,000. At this meeting the ap. pointment of receiver will be discussed and the names of several available gentlemen presented. It is possible that the meeting will forward several names to Justice Landon, the grantor of the inlunction, at Schenectady, for his consideration. The time and place of meeting have not yet been decided upon, but an early day will be fixed. The bank remained open until three o'clock yesterday, for the accommodation of depositors seeking information. Mr. Weber, the cashier, listened to and answered all inquiries regarding the condition of the institution and the probable result of the suspension.

9. October 1, 1876 The New York Herald New York, NY
Article from The New York Herald, October 1, 1876

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RUN ON THE SAVINGS BANKS. Yesterday morning the excitement among the smaller depositors in the savings banks of the east side, which began to manifest itself on Thursday and culminated in a perfect panic on Friday, in no degree abated, but in the afternoon there was a very perceptible decrease in the number of applicants for a settlement of accounts. The cause of this sudden withdrawal of deposits lies in the suspension of the New Amsterdam and Bond street savings banks. When the trustees of these establishments announced their intention of giving over business, but found themsolves unable to go into voluntary liquidation, a doubt of the security of other kindred institutions became broadcast. The recollection of the Third Avenue Bank's failure and the close of the Mutual, the Germania and the Abingdon Square is yet green in the memory of most depositors, and there was consequently a grand rush to the paying telsers' desks. The Dry Dock Bank, at corner of Bowery and Third street, came in for more than a fair sbare of this run. A large gathering had assembied before it at an early hour, and after dark the employés were still busy handing over money to importuning depositors. it seemed to be generally taken for granted that the bank was going to suspend payment, and the only thought in the minds of all comers was how to most readily reach the counters and withdraw such deposits as they had made. However, it was clear that no one bad a definite notion of what they had to fear. nor could any one give any idea of what their doubts were founded on. It was stated by one or two, though on what authority it would be difficult to determine, that the bank officials were unable to pay the interest on the mortgage which they had been obliged to take out in order to complete the building. and that it was consequently to be sold on account of a foreclosure suit. It was claimed by others that the Dry Dock Bank bad large securities invested in those institutions which have recently suspended and that it had its finances further crippled through that means. In conversation with William V. Webster, the secretary of the bank, a HERALD reporter learned that the securities held by the bank could be realized in a short time, and that even if they were sold at the lowest market rate there would be left a surplus of over $60,000. He said that there was no cause whatever for apprehension among the depositors, but that if they persisted in their intentions of withdrawing their deposits the trustees fancied that, far from damaging the bank's interests, they would only be advancing them. "This run," said Mr. Webster, "will be of benefit to us, because we will not only escspe the ob. ligation of paying interest upon the sums withdrawn, but we will be freed from the payment of the State tax, and that of itself is a matter worth considering." The excitement was not confined to depositors of the Dry Dock Bank alone, but circulated among people who had placed their savings in the Bowery, Bleecker Street and Metronolitan Banks. In these there were fewer amounts drawn and the officers in all cases expressed themselves satisfied of their institutions being able to weather the run. However confident these gentlemen may by of their financial security, there is no doubt but that a wide-spread feeling exists that in this crisis every bank whose finances are not on a solid basis will be sorely pushed. The recent suspensions have inspired a lack of confidence, under which many such institutions may succumb if it be not speedily removed.

10. November 21, 1876 The New York Herald New York, NY
Article from The New York Herald, November 21, 1876

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INSOLVENT BANKS. A meeting of depositors of the New Amsterdam Savings Bank was held yesterday afternoon as Stanton Hall, Stanton street. No receiver has, up to this time, taken charge of the institution. One person was appointed, but failed to provide the necessary bonds Those present at yesterday's meeting complained of the delay of the officers of the bank in getting a re. coiver appointed, thereby causing inconvenience. They are also losing interest on the dividends which they will be ultimately paid. After a long discussion it was decided that unless a receiver was appointed during the present week the depositors themselves would apply to the court and ask for the appointment of one. The affairs of the bank are considered to be in a much better condition than many of the suspended institutions. The bank holds mortgages to the amount of $313,250; real estate, consisting of the bank building. $128.933 46; bends of Cities and towns, $44,300; call loans, $6,750, and cash, $10,590 14. The bank had been losing money since the panic in 1873, but the officers still kept open the doors of the institution. As yet Mr. Willis 1. Paine, receiver of the Bond Street of Savings Bank, has decided to pay the first dividend fifty. five cents on the dollar next month. but what further dividend will be paid it is so far impossible LO say, as much will depend upon the sale of the ne bank building. The receiver of the Abingdon Square Savings Bank is doing all he can 10 get the real estaid of the bank disposed of. but the probability is that the depositors will come off very poorly. as the affairs of the institution were found to be in a very bad condition. The depositors of the Trades' Savings Bank are pressing for a settlement of their claims.

11. December 10, 1876 The New York Herald New York, NY
Article from The New York Herald, December 10, 1876

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SUMMARY OF LAW CASES. A motion to quash information filed in the United States Circuit Court against Philip Ronzone and Julius Steglich, charged with undervaluation of invoices, was yesterday denied by Judge Benedict. Richard M. Bent was yesterday appointed by Judge Brady receiver of the New Amsterdam Savings Bank. His sureties justified in the sum of $600,000. Herman Frohman, who was on Friday committed by Judge Donohue for perjury, for falsely swearing to his signature ou a bond, was yesterday sumitted to ball On the calendar for trial 10-morrow. ID Supreme

12. December 27, 1876 New-York Tribune New York, NY
Article from New-York Tribune, December 27, 1876

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THE NEW-AMSTERDAM SAVINGS BANK. ALBANY, N. Y., Dec. 26.-In the Supreme Court, Special Term, to-day, before Justice Ingalls, on application of Richard M. Bent, receiver of the New Amsterdam Savings Bank of the City of New-York, an order was entered directing the United States Trust Company to deliver to said receiver any of the bonds and mortgages now held by them as deposited by such receiver, upon his receipting therefor and depositing with the said company the full amounts due on each and every one of the said bonds and mortgages so delivered as principal and interest at the time of such delivery. The receiver is also authorized. on receiving payment on any of the bonds and mortgages in question, to execute the usual satisfaction or assignment and deliver the original bonds and mortgages.

13. February 14, 1877 The New York Herald New York, NY
Article from The New York Herald, February 14, 1877

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BUSINESS TROUBLES. Joseph Schmitt, wholesale dealer in tobacco, at No. 126 Water street, has been adjudicated an involuntary bankrupt before Register Dwight, on the petition of his creditors. His liabilities amount to $64,000, and his nominal assets are about $24,000. He failed in 1875, but obtained no extension from his creditors. Richard M. Bent, the receiver of the New Amster. dais Savings Bank, has called a general meeting of the depositors and other creditors to take place at two o'clock this afternoon, at No. 215 Bowery, when all ac. counts and demands will be adjusted and the amount of money in his hands reported. Information has been received 10 this city that the American Butt Company. of Providence, R. L. bas made an assignment for the benefit of its creditors.

14. April 28, 1877 The New York Herald New York, NY
Article from The New York Herald, April 28, 1877

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BOTTOMLESS MONEY BOXES. LOST PLEIADS OF OUR SAVINGS BANK SYSTEMNEW MATTERS FOR THE ELLIS INVESTIGATING COMMITTEE-HOW TO PREVENT FRAUDS. It is claimed by many influential merchants and others who have been interviewed on the subject that the present investigation of the official course pursued by Superintendent Ellis will clearly show that his neglect of duty has caused much of the suffering resulting from recent failures of savings banks. It is also contended that, in addition to the banking institu. tions named in Governor Robinson's late message to the investigating committee, there are other corporations whose cases have not been cited. but which furnish new prima facie evidence against the Bank Superintendent. Among these may be cited the Loaners' Bank of New York. About November, 1875, the Bank Superintendent was asked for a report upon the condition of this establishment, but it appeared that, the bank never having been examined, Mr. Eltis could furnish no information about its status. At the same time a lawyer wrote to the Superintendent asking to have the Loaners' Bank examined, but no examination took place, and the institution failed in May, 1876. A gentleman acquainted with its affairs says:"Its operations were worse than those of a low class pawnshop." The community lost $500,000 by the failure, much 01 which, it is claimed, might have been saved had the Banking Department held the corporation to strict account when required to do so. ANOTHER STARTLING CASE. In relation to the New York State Loan and Trust Company responsible parties state that about March, 1875, Mr. Ell's was officially informed by Mr. George W. Reid, examiner, and Mr. William T. Aidrich and others, that the capital stock had suffered an impairment equal to at least twenty per cent. It was the Bank Superintendent's duty to have caused this deneit to be made good, or to have closed the doors of the company under instructions from the Attorney General. No steps were taken by Mr. Exis and the concern was allowed to remain in the hands of the same parties until January 29, 1876, when the impairment of the capital amounted 10 about ninety per cent, and the trustees voluntarily relinquished the remaining ten conts on the dollar to a receiver. The loss 10 the public was about nine hundred thousand dollars. The wretched condition of this company was known to all persons familiar with us general operations at the time. By the statute of 1874 the superintendence of trust companies chartered by the State was placed under the charge of Mr. Ellis, and the condition of this concern was or should have been well known to him. A FRIGHTFUL LIST OF LOSSES. In conversation with Mr. John Mack, of No. 365 Fifth avenue, that gentleman gave the following estimates of the losses suffered by depositors 10 the suspended savings banks, and says that he believes the greater part of the immense sums which are given below migot have been saved if Bank Superintendent Eths bad properly discharged his important duties:$150,000 Abingdon Square Bank 1,730,000 Bona Street Savings Bank 500,000 German Savings Bank, Morrisanta 2,000,000 Mechanics and Traders' Savings Bank 450,000 Mutual Benefit Savings Bank 750,000 New Amsterdam Savings Bank 200,000 People's Savings Bank 400,000 Security Savings Bank 1,440,000 Third Avenue Savings Bank. 120,000 Traders' Savings Bank 1,000,000 Bank of Lainsburg 1,000,000 New York State Loan and Trust Company Loaner's Rauk 500,000 500,000 Security Bank Manufacturers and Builders' Bank. 460,000 Total $11,200,000 HOW TO PREVENT FRAUDS

15. October 20, 1877 The Sun New York, NY
Article from The Sun, October 20, 1877

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Savings Banks. NEW AMSTERDAM Savings Bank depositors are requested to call promptly for their second divi-dend, 15 per cent, open daily from 10 A.M. to 3 P.M. RICHARD M. BENT, Receiver SIX PENNY SAVINGS BANK, Broadway and Astor place—Established in 1853. Bank open daily from 10 A.M. to 8 P.M. Five cents to $5,000 received.

16. December 19, 1877 The Sun New York, NY
Article from The Sun, December 19, 1877

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John Habberton, author of "Helen's Babics," was we received in Association Hall lastovering Sixteen thousand and thirty-eight persons have visited the loan exhibition in the Academy of Design Justice Osborn has granted the application for the dis solution of the New Ainsterdam Savings Bank. It is singular that no facilities for addressing a letter can be found in the Post Office without going up stairs for them An attractive programme, with selections of Christmas music, 18 announced for Damrosch's Saturday matinee is Steinway Hall Dr. Thomas E Cone of the Burial Permit Bureau became overpowered yesterday through all overdose of laudanum given to him by a servant to allay neuralgic pains. John Reilly, who WAS arrested thirteen years after he killed Police Officer () Brien, was committed for trial. yesterday. in the General Sessions. He says that he is tired of being a tagitive from justice, and seems carele, as to what 18 done with him. Less than filty persons responded to the call for la night's meeting to extinguish the debt of the Church the Holy Trinity, and $155 only and a bracelet wort $100 were added to the contributions The total amount raised thus far is $160,153.91. leaving nearly $70,000 to get secured.

17. January 18, 1878 The New York Herald New York, NY
Article from The New York Herald, January 18, 1878

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NEW AMSTERDAM SAVINGS BANK. Mr. R. M. Bent, receiver of the New Amsterdam Savings Bank, No. 215 Bowery, will, by order of the Supreme Court, dispose of the bank building by pub. lic auction at the Real Estate Exchange on February 9.

18. February 10, 1878 The New York Herald New York, NY
Article from The New York Herald, February 10, 1878

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The Exchange was crowded yesterday by persons interested in real estate, including many depositors 01 the defunct New Amsterdam Savings Bank, which was sold by the receiver's orders. The property was started at $30,000 and advanced to $42,800, at which price it was knocked down. The details of yessale follows.

19. March 13, 1878 New-York Tribune New York, NY
Article from New-York Tribune, March 13, 1878

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BANK TROUBLES. THE NEW-AMSTERDAM SAVINGS BANK. ALBANY, March 12.-In the case of the People against the New-Amsterdam Savings Bank of NewYork, Justice Westbrook has granted an order permitting the receiver to sell the office furniture of the bank. On the petition of William J. Best, receiver, showing that he bas funds enough on hand for that purpose, Justice Westbrook has granted an order permitting him to pay a further dividend of 6 per cont. A KENTUCKY BANK SUSPENDED. CINCINNATI, March 12.-The Farmers and Traders' Bank, of Lexington, Ky., suspended payment yesterday. It is stated that the loans and discounts aggregate $200,000. The deposits do not exceed $80,000.

20. January 3, 1879 New-York Tribune New York, NY
Article from New-York Tribune, January 3, 1879

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or the approbation of the public. The case of the receiver of the New-Amsterdam Savings Bankseems to be one that should serve as an exception to the rule. His accounts have just been passed upon by Judge Landon as correct, the depositors have been paid 77 per cent of their original deposits, and the receiver has $1,200 in his hands which has not been called for by the depositors. It will be at once observed that a balance of any sort in the hands of a receiver to the credit of somebody else, is a highly edifying novelty.

21. September 27, 1879 New-York Tribune New York, NY
Article from New-York Tribune, September 27, 1879

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# THE NEW-AMSTERDAM SAVINGS BANK ALBANY, Sept. 26.-Richard M. Bent, receiver of the New-Amsterdam Savings Bank of New-York, filed his supplemental report in the County Clerk's office to-day. He was appointed receiver about two and a half years ago, during which time he has paid three dividends to the depositors amounting to $392,135 81, or 77 per cent. The total assets in the hands of the receiver for the dividend fund were $393,000

22. September 27, 1879 The New York Herald New York, NY
Article from The New York Herald, September 27, 1879

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NEW AMSTERDAM SAVINGS BANK. ALBANY, N. Y., Sept. 26, 1879. Richard M. Bent, receiver of the New Amsterdam Savings Bank, of New York, filed his supplemental report 111 the County Clerk's office to-day. He has paid three dividends to the depositors-seventy seven per cent in all-the aggregate amount being $392,135 81. The receiver was discharged by Judge Westbrook.