Federal Bank (New York, NY)

Episode Information

Episode UID
7244056891140
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
724405689 hash
Start Date
December 27, 1894
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
624fa8780522a4de

Response Measures

None

Events (4)
1. December 27, 1894 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank decided to retire from business and enter voluntary liquidation (announcement reported 1894-12-27).
Newspaper Excerpt
The Federal bank at 504 Third avenue, New York, has decided to retire from business and go into voluntary liquidation.
Source
newspapers
2. March 9, 1895 Other
Newspaper Excerpt
the Federal Bank, which I in process of liquidation. There is some talk of : (context: Federal Bank in process of liquidation).
Source
newspapers
3. May 11, 1895 Receivership
Newspaper Excerpt
Irving C. Gaylord was yesterday appointed receiver for the Federal Bank in the proceedings brought by the directors for the voluntary dissolution of the corporation.
Source
newspapers
4. October 18, 1895 Other
Newspaper Excerpt
Irving C. Gaylord, as receiver of the Federal Bank, sold the lease to May 1, 1896, of the ground floor and basement of No. 504 Third-ave., to William J. Meyer for $500.
Source
newspapers

Newspaper Articles (8)
1. December 27, 1894 The Sun Morris, MN
Article from The Sun, December 27, 1894

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Article Text

Otherwise. Decided progress has been made by passenger officials of transcontinental lines in settling their differences. To meet the competition of lake lines an Eastern road is figuring on the use of grain cars holding 100,000 pounds. Receiver Walker, of the Santa Fe, says it is not the intention to cease operating the Atlantic & Pacific. Washington is likely to be selected as the headquarters of the Federation of Labor by the Denver convention. Furniture and manufacturers in Michigan will organize anl fight against prison labor competition. The Knights of Labor at Scranton, Pa., Powderly's old home, will withhold their support from Master Workman Sovereign. A. Murphy temperance movement has been inaugurated in Salem, Ohio, and over 1,000 people have already signed the pledge. Brook Mitchell, a farmer near Champaign, Ill., was found dead in his door yard, and the cause of his death was not known. Alabama editors are being asked to sign a compact that they will not again print the name of Reuben F. Kolb or any of his political associates. The Franklin and company, headed by B. F. and Otis Parsons of Richplant at Frankfort that will employ nearly 300 men. The Ute Indians who invaded Utah have consented to return to their reservation as soon as they round up their cattle. A strange disease resembling cholera in its symptoms has broken out among horses in the vicinity of Chester and Galesburg, III. The Federal bank at 504 Third avenue, New York, has decided to retire from business and go into voluntary liquidation. The Duluth, Missabe & Northern is planning for an extension into Great Northern and Canadian Pacific territory. Gen. William Booth, the head of the Salvation Army, has concluded his campaign in San Francisco, and left for Los Angeles this morning. State Insurance Commissioner Hahn to-day swore out warrants for agents here of insurance companies not licensed to do business in Ohio. The United States coast survey steamers Gedney and McArthur will make a new survey of the entrance to San Francisco harbor. Golden Gate has not been surveyed for twenty-two years.

2. December 27, 1894 Reporter and Farmer Webster, SD
Article from Reporter and Farmer, December 27, 1894

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Article Text

Foreign Gossip. A white boy is being held as a slave by the Chucklesett tribe of Indians in British Columbia. Three thousand unemployed work men invaded the city hall at Montreal and demanded bread. The Mosquito Indians have formally incorporated their reservation with Nicaragua, thus ending the Bluefields troubles. The number of persons killed in the the recent earthquake in Southern Italy is officially stated at eighty-six In addition, 600 were injured. Investigation shows that directors of the Commercial bank, which failed at St. Johns, N. F., had borrewed thou sands of dollars from the bank and had overdrawn their accounts. British army officers, under the guise of artists and tourists. tare said to have made sketches of the territory and defense in the vicinity of Toledo and other lake ports. The Guatemalan legation to settle the boundary question has arrived at the City of Mexico. It is believed that President Diaz will receive them officially very soon. The importation of cattle into Belglum from Canada has been prohibited because of pleuro- pneumonia hav ing been detected in some animals recently arrived. The Lyons society for the propagation of the faith has promised the pope an annual subsidy of 50,000 francs to found colleges and schools in the East, with a view to uniting the Eastern and Western churches. One hundred and fifty persons are ill at Freiburg, Sax ony, Germany, from what appears to be an attempt at wholesale poisoning. All the rolls turned out of a certain bakeshop were found to contain arsenic. Otherwise. Social purity reform wave has struck Little Rock, Ark. Receiver Walker, of the Santa Fe, says it is not the intention to cease operating the Atlantic & Pacific. Washington is likely to be selected as the headquarters of the Federation of Labor by the Denver convention. Furniture and manufacturers in Michigan will organize anl fight against prison labor competition. The Knights of Labor at Scranton, Pa., Powderly's old home, will withhold their support from Master Workman Sovereign. Alabama editors are being asked to sign a compact that they will not again print the name of Reuben F. Kolb or any of his political associates. The Franklin and company, headed by B. F. and Otis Parsons of Richplant at Frankfort that will employ nearly 300 men. The Ute Indians who invaded Utah have consented to return to their reservation as soon as they round up their cattle. A strange disease resembling cholera in its symptoms has broken out among horses in the vicinity of Chester and Galesburg, III. The Federal bank at 504 Third avenue, New York, has decided to retire from business and go into voluntary liquidation. The Duluth, Missabe & Northern is planning for an extension into Great Northern and Canadian Pacific territory. The United States coast survey steamers Gedney and McArthur will make a new survey of the entrance to San Francisco harbor. Golden Gate has not been surveyed for twenty-two years. Four New York shoe houses went to the wall. The firms were Samuel Cohn & Bro., Gottschalk Cohn, Archibald Fleming and Marcus Marsop. The liabilities of Samuel Cohn & Bro. are $400,000.

3. December 27, 1894 The Princeton Union Princeton, MN
Article from The Princeton Union, December 27, 1894

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Article Text

Foreign Gossip. A white boy is being held as a slave by the Chucklesett tribe of Indians in British Columbia. Three thousand unemployed work men invaded the city hall at Montreal and demanded bread. The Mosquito Indians have formally incorporated their reservation with Nicaragua, thus ending the Bluefields troubles. The number of persons killed in the the recent earthquake in Southern Italy is officially stated at eighty-six In addition, 600 were injured. Investigation shows that directors of the-Commercial bank, which failed at St. Johns, N. F., had borrewed thou sands of dollars from the bank and had overdrawn their accounts. British army officers, under the guise of artists and tourists. tare said to have made sketches of the territory and defense in the vicinity of Toledo and other lake ports. The Guatemalan legation to settle the boundary question has arrived at the City of Mexico. It is believed that President Diaz will receive them officially very soon. The importation of cattle into Belgiun. from Canada has been prohibited because of pleuro- pneumonia hav ing been detected in some animals recently arrived. The Lyons society for the propagation of the faith has promised the pope an annual subsidy of 50,000 francs to found colleges and schools in the East, with a view to uniting the Eastern and Western churches. One hundred and fifty persons are ill at Freiburg, Saxony, Germany, from what appears to be an attempt at wholesale poisoning. All the rolls turned out of a certain bakeshop were found to contain arsenic. Otherwise. Social purity reform wave has struck Little Rock, Ark. Receiver Walker, of the Santa Fe, says it is not the intention to cease operating the Atlantic & Pacific. Washington is likely to be selected as the headquarters of the Federation of Labor by the Denver convention. Furniture and manufacturers in Michigan will organize anl fight against prison labor competition. The Knights of Labor at Scranton, Pa., Powderly's old home, will withhold their support from Master Work. man Sovereign. Alabama editors are being asked to sign a compact that they will not again print the name of Reuben F. Kolb or any of his political associates. The Franklin and company, headed by B. F. and Otis Parsons of Richplant at Frankfort that will employ nearly 300 men. The Ute Indians who invaded Utah have consented to return to their reservation as soon as they round up their eattle. A strange disease resembling cholera in its symptoms has broken out among horses in the vicinity of Chester and Galesburg, Ill. The Federal bank at 504 Third avenue, New York, has decided to retire from business and go into voluntary liquidation. The Duluth, Missabe & Northern is planning for an extension into Great Northern and Canadian Pacific territory. The United States coast survey steamers Gedney and McArthur will make a new survey of the entrance to San Francisco harbor. Golden Gate has not been surveyed for twenty-two years. Four New York shoe houses went to the wall. The firms were Samuel Cohn & Bro., Gottschalk Cohn. Archibald Fleming and Marcus Marsop. The liabilities of Samuel Cohn & Bro. are $400,000

4. January 3, 1895 Courier Democrat Langdon, ND
Article from Courier Democrat, January 3, 1895

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Article Text

Otherwise. Decided progress has been made by passenger officials of transcontinental lines in settling their differences. Receiver Walker, of the Santa Fe, says it is not the intention to cease operating the Atlantic & Pacific. Washington is likely to be selected as the headquarters of the Federation of Labor by the Denver convention. Furniture and manufacturers in Michigan will organize anl fight against prison labor competition. The Knights of Labor at Scranton, Pa., Powderly's old home, will withhold their support from Master Workman Sovereign. A. Murphy temperance movement has been inaugurated in Salem, Ohio, and over 1,000 people have already signed the pledge. Brook Mitchell, a farmer near Champaign, Ill., was found dead in his door yard, and the cause of his death was not known. Alabama editors are being asked to sign a compact that they will not again print the name of Reuben F Kolb or any of his political associates The Franklin and company, headed by B. F. and Otis Parsons of Rich plant at Frankfort that will employ nearly 300 men. The Ute Indians who invaded Utab have consented to return to their reservation as soon as they round up their cattle. A strange disease resembling cholera in its symptoms has broken out among horses in the vicinity of Chester and Galesburg, III. The Federal bank at 504 Third ave nue, New York, has decided to retire from business and go into voluntary liquidation. The Duluth, Missabe & Northern is planning for an extension into Grea' Northern and Canadian Pacific terri tory. Gen. William Booth, the head of the Salvation Army, has concluded his campaign in San Francisco, and left for Los Angeles this morning. State Insurance Commissioner Hahn to-day swore out warrants for agents here of insurance companies not 11. censed to do business in Ohio. The United States coast survey steamers Gedney and McArthur will make a new survey of the entrance to San Francisco harbor. Golden Gate has not been surveyed for twenty years.

5. March 9, 1895 New-York Tribune New York, NY
Article from New-York Tribune, March 9, 1895

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Article Text

No. 113 Fulton NEW-YORK CITY. A monthly meeting of the Ohio Society will be held at Morello's, No I West Twenty-ninth-st., on Monday at 6:30 p. m. Dinner will precede the business of the evening. Rescue mission workers and friends of rescue missions of New-York. Brooklyn and their vicinity are invited to a rally in the chapel of the Industrial Christian Alliance, No 170 Bleecker-st. this evening from R to 12 o'clock. A special musical programme is promised. The second annual reception of the New-York Academy of Sciences. with which there will be an exhibit of recent progress in science. is set for next Wednesday evening in the galleries of the American Fine Arts Society, West Fifty-seventh-st. The Rev. Dr. D. J Burrill, at the request of the Woman's National Sabbath Alliance. will preach in the Marble Collegiate Church, Fifth-ave and Twenty-ninth-st., to-morrow at 11 a. m., on "The Responsibility of the Women of America in Proserving the American Sabbath." The Rev. Dr. Newland Maynard will deliver an illustrated and historical lecture, on "India and Its People." next Monday afternoon. at the home of Mrs. George Lewis Gillespie, No. 49 East Fiftythird-st. A special meeting in the Interests of the Sabbath and in opposition to the opening of saloons on Sunday will be held in the Scotch Presbyterian Church Ninety-sixth-st. and Central Park West, to-morrow evening at 8 o'clock. John E. Parsons, the Rev. W. W. Atterbury and the pastor. Dr. Wylle, will speak. Young men and Good Government clubs especially are invited The Rev. C. H. Mead. of Hornellsville. N. Y., will deliver an address before the American Temperance Union at Chickering Hall to-morrow afternoon at 3 o'clock: subject. "Wanted- a Man." The Silver Lake Quartet and others will furnish muste. Controller Fitch yesterday sold at public auction a five years' lease of the old Harlem Market Square, at Gne-hundred-and-twenty-frst-st. and Sylvan Place. to the present holder of the lease, Bryan G Hughes. at a yearly rental of $8,325. The Rev. Stephen S. Craig. of Oakville, Ont. will deliver an address under the auspices of the Manhattan Single Tax Club at Chickering Hall to-morrow evening at 8 o'clock. on the subject "The Sin of the Church." Mr. Craig is an eloquent speaker and one of the leading Presbyterian divines of Canada. The 111th anniversary dinner of the Friendly Sons of St. Patrick will be held at Delmonico's on March 18. Dr. Emil Holub, an African explorer, will describe the customs and war methods of the Matabele tribes to morrow evening at the New-York Turn Verein, No. 66 East Fourth-st. A smoking concert will be given this evening by the Phoenix Republican Club, No. 61 East Eighty sixth-st. The Ninth Ward Ploneer Corps on Wednesday night adopted resolutions indorsing Mayor Strong's appointments and especially that of William Brookfield Todd B. Hall, chief of the detective force of Balti more, will address young men at Association Hall Twenty-third-st. and Fourth-ave. to-morrow at + p. m. L. Mandelbaum and S. Michelbacher two mem hers of the Cotton Exchange, were suspended yes terday for one week for fighting on the floor of the Exchange. Collector Kilbreth has received instructions from Washington to secure new quarters for the Nava Office. The present office of the Naval Officer is " the Phelps Building. opposite the Custom House, 1: Exchange Place. There has been some trouble this year in regard to the lease, and it has been decide to get quarters elsewhere. The new Standard National Bank will, it is said occupy the old quarters of the defunct Sherma Bank, at No. 874 Broadway, and it will no doub secure as depositors many of the clients of the Sherman Bank. and the Federal Bank, which I in process of liquidation. There is some talk of :

6. May 11, 1895 New-York Tribune New York, NY
Article from New-York Tribune, May 11, 1895

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RECEIVER FOR THE FEDERAL BANK. Irving C. Gaylord was yesterday appointed recelver for the Federal Bank in the proceedings brought by the directors for the voluntary dissolution of the corporation. His bond was fixed at $25,000, and the Knickerbocker Trust Company was designated as the depository of the funds. Charles H. Truax, the referee, reported that the assets are $105,354; liabilities, $5,508. The capital was $100,000.

7. May 23, 1895 Iowa County Democrat Mineral Point, WI
Article from Iowa County Democrat, May 23, 1895

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TELEGRAMS IN BRIEF. AT HOME. Joseph Casey, a young Roanoke, Va., rocer, was killed by lightning. The Standard Oil company advanced the price of oil to $1.55 a barrel. Stocks advanced on heavy dealings for the foreign account. Chicago deaths: Horace Roland Witt and Mrs. Frank H. Brooks. Secretary Gresham's condition remains unchanged. Ex-Governor Ira J. Chase, of Indiana, died at Lubec, Me. It is believed in Washington that the decision of the supreme court will be against the income tax law. Joseph Dorsey, aged 57, a former prietor of Barnum's hotel, Baltimore, Md., is dead. Justice Ingraham, of New York, appointed Irving C. Gaylord receiver for the Federal bank. The supreme council of the American Protective association met in Milwaukee. Dr. James M. Byron died from consine' die in great confusion, the resumption in New York. It is understood that Richard Croker will come back from England with his horses soon. Chicago deputy sheriffs made another raid on the Hawthorne track, but few arrests were made. George F. Fay, president of the Vermont and Massachusetts railroad, IN dead. The international convention of the Y. M. C. A. opened Its annual session at Springfield, Mass. A handsome $35,000 library building was formally presented to the town of Chelmsford. Mass. In the senate the bill for the consolidation of New York Brooklyn and other cities into one municipality was again defeated. W. C. Donnelson, allas W. K. Crow. has been arrested in San Francisco. for a $2,000 postoffice burglary at Colville, Kansas. The tanners' strike at Sheboygan, Wis., Is at an end, the men having returned to work at a restoration of n cut made in their wages in 1892. The Imperial Varnish company's plant at Akron. Ohio, was destroyed by fire. Loss, $125,000; insurance, not known. The ensign of Rear-Admiral R. W. Mende was lowered at the Brooklyn navy yard. and he resigned command of the squadron prior to retirement. Prince Francis Joseph of Battenberg started east over the Central and Union Pacific. He goes direct to Chicago and from there to Niagara. The entire business portion of Cres-

8. October 18, 1895 New-York Tribune New York, NY
Article from New-York Tribune, October 18, 1895

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REAL ESTATE. BUSINESS AT THE EXCHANGES. At the Broadway Real Estate Salesroom yesterday D. P. Ingraham & Co. sold Nos. 443 and 445 East One-hundred-and-twenty-third-st. two three-story brownstone dwellings, lots each 16.8x100.11, to R. J. Rosenthal for $10,350. George R. Read sold the right, title, etc., of Irving C. Gaylord, as receiver of the Federal Bank, to the lease to May 1, 1896, of the ground floor and basement of No. 504 Third-ave., to William J. Meyer for $500. Richard M. Montgomery sold No. 205 East Seventysixth-st., a four-story building, lot 28x102.2½, to Mary Thomas for $22,500. At the iLberty Street Exchange, R. V. Harnet & Co. sold No. 92 to 96 Chrystie-st., three four and five story brick and brownstone basement houses, respectively, 25.1½, 25.6 and 24.61/x100, to Charles T. Silberhorn for $69,250. At private contract Max Marx has sold No. 229 West One-hundred-and-thirteenth-st., 16.8x100, to Remigio Lopez Trujillo for $17,300. Nos. 98 and 100 Franklin-st., a six-story business building, 36.2x78.6x33.8xirregular, has been sold by the Jarvis Slade estate for $100,000. The three three-story old-fashioned dwellings, plot 60x92, Nos. 29, 31 and 33 East Nineteenth-st., adjoining the Goelet property, has been sold by D. B. Silliman. Cummings & Ferguson have sold for about $35,000 the five-story brick flathouse, No. 939 Amsterdamave., 25x81. which they bought in April last. Daniel Watson, broker, of Newport, R. I., has sold the well-known Greene Farm, consisting of fifty-eight acres, on Conanicut Island, opposite Newport, to a St. Louis syndicate, comprising Ephraim Catlin, James Tausig and others, for $75,000. The farm was owned by Edwin Greene, of Eau Claire, Wis.: Mrs. Kelley, of Newport, and others. There is to be $75,000 to $100,000 :aid out at once in improvements on the farm. A. E. & E. A. Karelsen report the sale of seventyfive lots and the ocean front at Edgemere, Long Island, to David S. Gluck, of this city, for William Sheer, of Brooklyn. Dr. George Meyers and Lewis Friedman are to build houses in Ocean-ave. in Arverne-by-the-Sea, Long Island, on the ten lots just purchased from the same brokers. The Frank L. Fisher Company has sold for A. B. Kight, builder, a four-story whitestone American basement dwelling, 20x65x100, No. 333 West Seventysixth-st., to T. F. White, for about $45,000.