Bank of the Union (Washington, DC)

Episode Information

Episode UID
7649835090631
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
764983509 hash
Start Date
July 27, 1852
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0561df9344b86cae

Response Measures

None

Description

Suspension followed by assignment of assets to trustees; multiple articles confirm failure.

Events (5)
1. July 27, 1852 Run
Cause
Rumor Or Misinformation
Cause Details
A malicious/unfounded report circulated that the bank had stopped payment or closed, triggering withdrawals.
Random Run
Yes
Random Run Snippet
malicious report circulated that bank had stopped payment; false rumor
Measures
Stayed open later than other banks and promptly paid notes presented, restoring confidence.
Newspaper Excerpt
in consequence of an unfounded, and we presume malicious report. this banking institution had a run up. on it yesterday and the day before.
Source
newspapers
2. October 9, 1852 Receivership
Newspaper Excerpt
The Bank of the Union has suspended payment. The assets have been made over to trustees, to pay liabilities so far as possible.
Source
newspapers
3. October 9, 1852 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Proprietor announced assignment of assets citing financial revulsion from the Maryland anti-bank law and adverse circumstances.
Newspaper Excerpt
Finding myself overwhelmed by the financial revulsion produced by the Maryland anti-bank law, and by a combination of adverse circumstances, I am compelled to make an assignment of my assets for the benefit of creditors and note-holders.
Source
newspapers
4. October 11, 1852 Run
Cause
Local Banks
Cause Details
Run on numerous 'bogus' and small banks in Washington, with public making runs on many issuers including the Bank of the Union.
Measures
Other local banks (e.g., Bank of the Republic) remained open longer and redeemed notes in specie to calm panic.
Newspaper Excerpt
On account of the failure of the Bank of the Union, quite a panic occurred among the bill-holders of the different banks of the District.
Source
newspapers
5. June 9, 1853 Other
Newspaper Excerpt
The trustees appointed to wind up the affairs of the Bank of the Union, which failed in Washington last October, have not yet reported. They, too, promised an early settlement.
Source
newspapers

Newspaper Articles (23)
1. July 28, 1852 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, July 28, 1852

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From the News, Washington, D. C. Bank of the Union. We understand, and are sorry to learn that, in consequence of an unfounded, and we presume malicious report. this banking institution had a run up. on it yesterday and the day before. But when it was found that the Bank (under Brown's Hotel,) was not closed but open until a later hour than usual, and promptly taking up every one of its notes presented for payment, confidence was quickly restored, and the credit of the firm considered intact. The American Telegraph of yesterday notices the "False Rumor" above alluded to in the following terms: From the American Telegraph, Washington, D.C. Some mischievous person last evening put in circulation a report that the Bank of the Union, in this city, had yesterday stopped payment and e losed; and we were met by many anxious inquirera this morning. For aught we know, all the banks in our city are liable to be shaken by an earthquake; but so far as We may judge from appearance, the Bank of the Union stands as firm upon its leet as any of them. Instead of closing yesterday at 3 o'clock, when the rest of them shut up, it was open until 5, as we can certify. A few dozen persons, we are informed, called this morning with their little bundles of notes, and a portion of them trotted off with them again, declaring them more convenient than their Virglnia fives.

2. October 9, 1852 The Daily Union Washington, DC
Article from The Daily Union, October 9, 1852

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ANK OF THE UNION. Card. Finding myself overB whelmed by the financial revulsion produced by the Maryland anti-bank law, and by a combination of adverse circumstances, I am compelled to make an assignment of my assets for the benefit of creditors and note-holders. I shall hereafter make such an espoct tion of my affairs as to satisfy the public that I have made an bones effort to overcome the panic and meet my obligations. WASHINGTON, October 9, 1852. Virginia papers will confer a favor by copying. RO. H. GALLAHER. Oct 9

3. October 10, 1852 The Daily Union Washington, DC
Article from The Daily Union, October 10, 1852

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B ANK OF THE UNION. A Card. Finding myself overwhelmed by the financial revulsion produced by the Maryland anti-bank law, and by a combination of adverse circumstances, I am compelled to make an assignment of my assets for the benefit of creditors and note-holders. I shall hereafter make such an exposition of my affairs as to satisfy the public that I have made an honest effort to overcome the panic and meet my obligations. WASHINGTON, October 9, 1852. Virginia papers will confer a favor by copying. Oet 9 RO. H. GALLAHER.

4. October 11, 1852 The New York Herald New York, NY
Article from The New York Herald, October 11, 1852

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From Washington City. THE BANK PANIC-MILITARY FUNERAL. WASHINGTON, Oct. 10. 1968. Quite a panic was created here yesterday by the failure of the Bank of the Union, an irresponsible COM cern. owned by Mr Gallaher. of the Richmond Republican All the banks issuing small notes were run upon. The Bank of the Republic, the only institution of the kind which redeems its notes in specie, kept open till eight o'clock last evening, and probably cashed all its bills which were presented. There is now a disposition on the part of the public here to set their faces against the issue of individual and irresponsible bank notes. The remains of the late Sergeant Major Pulozzi, of the U. S. Marines, were buried, from the Navy Yard, this atternoon. A large body of citizen soldiery attended the funeral.

5. October 11, 1852 Daily American Telegraph Washington, DC
Article from Daily American Telegraph, October 11, 1852

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no On account of the failure of the Bank of the Union, quite a panic occurred among the bill-holders of the different banks of the District. The new bank (Bank of the Republic) not only opened at7 o'clock, but remained open until 8 p. m., and redeemed all their notes in specie as fast as presented, this being the only bank that issued small bills redeemable in specie. It will open again at 6o'clock to-mor row morning.

6. October 11, 1852 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, October 11, 1852

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BANK OF THE UNION.-The news on Saturday, of the failure of this Bank, created some excitement in this city, where there are many note-holders.The following card, from the President of the Bank, explanatory of the causes of the failure, we find in the Washington papers of Saturday last : BANK OF THE UNION.-A CARD-Finding myself overwhelmed by the financial revulsion produced by the Maryland anti-bank law, and by a combination of adverse circumstances, i am compelied to make an assignment of my assets for the benefit of creditors and note holders. Ishall hereafter make such an exposition of my affairs as to satisfy the public that I have made an honest effort to overcome the panic and meet my obligations. RO. H. GALLAHER. WASHINGTON, October 9th, 1852.

7. October 11, 1852 Lynchburg Daily Virginian Lynchburg, VA
Article from Lynchburg Daily Virginian, October 11, 1852

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TELEGRAPHIC NEWS. Telegraphed for the Lynchburg Virginian. Bank Failure. WASHINGTON, Oct. 9. The Bank of the Union has suspended payment. The assets have been made over to trustees, to pay liabilities so far as possible.

8. October 12, 1852 The New York Herald New York, NY
Article from The New York Herald, October 12, 1852

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APPOINTMENTS BY THE PRESIDENT - RUN ON THE WASHINGTON BANKS WASHINGTON, October 11 1852. The President has appointed Charles W. Christmas Register of the Mianesota Land office, ani Reuben M. Richardson as Receiver. There is a great run on the bogus banks at Washing ton. The unknown backs circulating and dating here, a re the Central. Citizens'. Empire, Fulton, Mechanics', Merchants', Exchange, Merchants' and Mechanics', Me. tropolitan. Ocean. and Railroad. with about a dozen others. on which the run is being made. The Bank of the Union had a large circulation in the District.

9. October 12, 1852 Wheeling Daily Intelligencer Wheeling, WV
Article from Wheeling Daily Intelligencer, October 12, 1852

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APPOINTMENTS BY THE PRESIDENT-RUN UPON THE BOGUS BANKS. WASHINGTON D. C., Oct. 11. Charles Christmas has been appointed Register by the President, and Rheuben M. Richardson Receiver of the land office in Minnesota. There has been a great run on the bogus banks here. The "Washington bank of the Union" had a large circulation, and various unknown banks, without banking houses, have been circulating their paperdated at Washington, under such names as the 'Central,' 'Citizens,' 'Empire,' 'Fulton,' Mechanics and Merchants,' 'Exchange,' 'Merchants and Mechanics' Motropolitan,' Ocean and Rail Road' Banks; and abouta dozen others, which have officers here, and on which a great run is being made.

10. October 12, 1852 New-York Daily Tribune New York, NY
Article from New-York Daily Tribune, October 12, 1852

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Appointments by the President-Run on the Washington Banks. WASHINGTON, Monday, Oct. 11, 1852. The President has appointed CHARLES W. CHRISTMAS, Register of the Minnesota Land Office, and REUBEN M. RICHARDSON as Receiver. There is a great run on the bogas Banks at Washington. The unknown Banks circulating and dating here, without having Banking houses, are the Central, Citizens, Empire, Fulton, Mechanics, Merchants, Exchange. Merchants and Mechanics, Metropolitan, Ocean and Railroad, with about a dozen others- -on which the run is being made. The Bank of the Union had a large circulation in the District.

11. October 13, 1852 Staunton Spectator Staunton, VA
Article from Staunton Spectator, October 13, 1852

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Bank of the Union. Mr. R. H. GALLAHER, President of the "Bank of the Union" at Washington, announces by an advertisement in the papers of that City, that he has been compelled to make an assignment of his assets to a trustee, for the benefit of creditors and note holders. He has been overwhelmed, he says, by the financial revulsion produced by the Maryland Anti-Bank Law, and by a combination of adversecircumstances. Hereafter he will make such an exposition as will satisfy the public that he has made an honest effort to overcome the panic and meet his obligations. A large number of the notes have been circulating in this County. We know of individuals who now have them on hand in sums of $30, $23, $17, $15, &c., &c.

12. October 13, 1852 Lynchburg Daily Virginian Lynchburg, VA
Article from Lynchburg Daily Virginian, October 13, 1852

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On Saturday lust, it was announced in this city, that the Bank of the Union, Washington city. D. C., conducted by R. 11. Gallaher. Esq., bad failed. As soon as it was known. a great rush was made on the Banking Houses of Messrs. Stathum, Smithson & Co.. and Wright & Logwood. It continued until vesterday, when public confidence was fully restored. as these gentlemen promptly redeemed every note that was offered during the whole time of the run. oct 13.1t

13. October 13, 1852 The Daily Dispatch Richmond, VA
Article from The Daily Dispatch, October 13, 1852

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THE DAILY DISPA TCH. Correspondence of the Dispatch. WASHINGTON, Oct. 9th. Yesterday, at noon, the "Bank of the Union" in this city, suspended payment. In due process of time, the trustees, to whom has been referred the affairs of the bank for adjustment, will redeem its issues as far as practicable. The notes of this concern were widely circulated, hereabouts and elsewhere, and the excitement created by this suspension has been very great. The blow falls heavily on the poorer classes, many of whom have lost their all. To-day a run has been made on the "Bank of the Republic" and other mushroom affairs of the same ilk. and most it not all of them, must go by the board. People at a distance should beware how they handle the worthless trash issued by irresponsible, and. in some cases, imaginary banking concents in Washington. We have seen notes on several banks purporting to be located in Washington, and the most searching enquiries as to their whereabouts, have so forbeen unavailing. Neither Presidents nor Cashiers el these concerns are known, and it is very questionable if they have a local habitation, at all. I would caution the people of Richmond against the notes of all private Banking Hou. ses in Washington, except that of the Exchange Bank of Selden, Withers & Co. In fact. it would not be safe, I imagine, to deal to a great extent even in the issues of this con. cern. Corcoran & Riggs do not issue notes of any denomination. The Bank of the Metropolis, Bank of Washington, and the Patriotic Bank, are the only reliable and safe institutions of the kind, in this city. These are old and well established Banks, and as sound as any in the country. Their issues are all very limited; indeed it is a rare thing to see or meet with a note on either of these banks, in circulation. HENRICO.

14. October 19, 1852 Meigs County Telegraph Pomeroy, OH
Article from Meigs County Telegraph, October 19, 1852

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WASHINGTON, Oct. 11th.-Charles H. is the Chrismas appointed Richardson by President Receiver Register. and Reuben M. of Land Office at Minnesota. Great run on bogus banks. Washington Bank of the Union had a large circulation in the District. Various unknown banks, without banking houses, circulating and dated The Central, Citizens, Mechanics, and Ocean Mechanics, Empire, at Washington. Fulion, Metropolitan, Merchants and Railroad banks and dozen others who have officers here and on which run is being made. Mrs Swisshelm, in speaking of the two most prominent candidates for the Presiden. cy. makes use of the following language: "Personally, we have always preferred General Scott to General Pierce, because we like a man to be what he pretends-to succeed in making himself what he aims to be. So, a military chiefiain is better than a man who tried to be hero and couldn't. UNPARDONABLE S IN!-The New York that there are shops in various of New York city regsol to children at a cent a ularly parts Times states where liquor glass!- is that and the Police returns give assurance the keepers of them have induced scores of children to become regular frequenters and customers of them. Among the new works that will be published this winter, are--the writings of Judge Woodbury; the works of W. H. Seward; Letters to Washington, by Sparks; the fifth volume of Bancroft's History of the United States, and the Travels of Kossuth in the United States, by Madame Pulsky, who with her husband, accompanied Kossuth. New YORK CITY.- The expenses of New York city, for 1852, will be about four millions of dollars! The majority of the council is in the hands of the Locos-elected as a "Reform Council"-and they have increassed the expenses they promised to reduce in the sum of over six hundred thousand dollars. They have redeemed their promise of "reirenchment and reform" after the usual fashion of L. F. politicians. DEATH OF ANOTHER MASSACHUSETTS CONM. Benjamin Thompson, district of Charlestown on GRESSMAN.-Hon. C. died from in the 4th Friday Massachusette, last. He had been sick but a few days. This is the third vacancy made by death in the present delegation from Massachusetts. Fowler, Rantoul and Thompson, three of the ten members, have died within the last two months. TELEGRAPH TO EUROPE.- London of the National Intelligencer, a for a telebetween the two been states graph correspondent that project continents, submarine has the started there, which has received sanction of the British Government, and promises to accomplish the great object had in view. BALTIMORE, Sept. 8th.-Two mails from received. anthat the War apLauimer, nounces New Orleans Department The United Picayune States has Naa for the Board of to pointed vy, guard Majors Captain Chase, Barnard Commissioners and Beaure the mouth of the of a the axamine with a view opening channel Mississippi into river, Gulf. Texas is supposed to contain a population of hundred thousand souls, having about thousand persons over age of who can neither nor twenty three thirty read the write. Oct. 11.-John W. Rand, with the charged NORFOLK, robbing Portsmouth Ba Penitenwas sentenced five years to the tiary. The McDonough will has been completely a decision of the New and the goes to heirs Orleans, broke, by property Court the in at law, and the cities of Baltimore and New Orleans receive nothing. LEONIDAS SHAVER, Esq., of Lexington has been associate Judge of ident, Kentucky, appointed Utah. by Salt the A Pres- Kentucky paper says he will leave for Lake in the October mail. Does he go post-paid? Emigration for California this fall is large. 700 sailed on on board the Over Tuesday, passengers steamship from New Geor- York gia, and over 400 on the Prometheus. A telegraph has been constructed from Paris to Bordeaux, in France, which runs under ground the whole distance. The wires, ten in number, are properly isolated, and encased in a coating of gulta pereha and lead. named George SUTCLIFF was shot in a few nights since, robA Cincinnati man while shot bing a grave, and the person who him has been held to bail in $10,000. JOHN LOWRY, the murderer of MOORE in has been convicted in His counsel has the Cincinnati, first degree. of moved murder for a new trial. The Cincinnati and Dayton Railroad Company, are about to prepare their road bed for a second track, and will commence laying the iron in a short time. Ex-Governor Chambers, of Ky., died on the 21st inst. The Result in the State. We give below the result in several of the

15. October 20, 1852 Cooper's Clarksburg Register Clarksburg, WV
Article from Cooper's Clarksburg Register, October 20, 1852

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THE BANK EXCITEMENT IN THE DISTRICT OF COLUMBIA.-The bank excitement in Washington and Georgetown, consequent upon the stoppage of the Bank of the Union, caused a steady run upon the small affairs of the kind on Saturday, but, it is said, they con inued to redeem their promises up to the usual hour of closing ; and one of them, (the Bank of the Republic.) located near the Centre Market, continued to redeem its notes in gold until eight o' clock in the evening. The Na. tional Inte igencer says : The butchers of Georgetown on Sa. turday last issued a manifesto declaring what notes, and what only, of those issued in the District they will receive at their stals. They are, the Bank of Washington, Patriotic Bank, Bank of the Metropolis, Farmers' and Mechanics' Bank, Bank of Commerce, Corporations of Georgetown and Alexandria. Within the last ten days $40,000 of Geogetown Corporation notes have been returned and recei-

16. October 21, 1852 Virginia Free Press Charles Town, WV
Article from Virginia Free Press, October 21, 1852

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Bank of the Union. CARD.--Finding myself overwhelmed by A the financial revulsion produced by the Maryland anti-bank law, and by a combination of adverse circumstances, I am compelled to make an signment of my assets for the benefit of creditors and note-holders. I shall hereafter make such an exposition of my affairs as to satisfy the public that I have male an honest effort to overcome the panic and meet my obligations. RO. H: GALLAHER. WASHINGTON, October 9, 1852. Virginia papers will confer a favor by copying.

17. October 23, 1852 Monongalia Mirror Morgantown, WV
Article from Monongalia Mirror, October 23, 1852

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Washington, Oct. 11. Charles H. Christmas has been apReuben M. Richardson, Receiver at the Land Office at Minnessota. There is a great run on the bogus banks in Washington. The Bank of the Union had a large circulation in the District. There are various unknown banks without banking-houses circulaling notes dated at Washington, The run is being made on the Central, Citizens', Empire, Fulton, Mechanics', Merchants', Exchange, Merchants and Mechanics', Metropolitan, Ocean and Railroad Banks, and about a dozen others having offices here. There is a disposition here on the part of the public to set their faces against irresponsible issues of bank notes. Episcopal Missions.-The receipts of the Board of Domestic Missions since June, 1851, were $23,566, and for Foreign Missions $41,048; in all $64,614. The Committee have very nearly doubled the number of their missionaries within the year just closed. The missions to China and the west coast of Africa will both receive further enlargement this fall, and there are arrangements for occupying new openings for missionary work. German Baptist Missions.-In 1835 the Baptist mission at Hamburg was commenced, when six persons were received into the church. There are now in connection with this mission 292 preaching places, in 40 different cities and towns; 683 persons have been baptized, and 3,881 are at present connected with the churches. Trade upon the Gulf.-It is calculated that the amount of ocean commerce of the American ports on the Gulf of Mexico, inward and outward, foreign and domestic, exceeds $250,000,000 per annum, besides that of the Mexican and other ports of the gulf. Duke of Wellington's Successor.The new Commander-in-chief, successor to the Duke of Wellington, has bren nominated, Lord Hardinge being the party selected. His age is 67. He was already a lieutenant-general. and enjoys a pension for wounds at Waterloo, and also a pension of $25,000 a year for the battlesof the Sutlej,where h commanded when he was Governor-General of India. Many years ago he was Secretary at War (as Sir Henry Hardinge,) and subsequently he was chief secretary for Ireland. Within twenty years three millions and a half of copies of the Bible, and fifteen millions of religious tracts, have been distributed in France.

18. October 30, 1852 The Weekly Minnesotian Saint Paul, MN
Article from The Weekly Minnesotian, October 30, 1852

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News by Telegraph (Reported Expressly for the Daily Advertiser.) BOSTON, Oct. 22-8 M. On Tuesday, Mr. Webster was considered by his physician as not in immediate danger.There was a probability of his being able to resame public business in a few days, but before evening his disorder. which is inflammation of the brain, continued to grow worse until yesterday, when Dr. Jeffries became alarmed. Mr. Webster's wife and son were with him, and Dr. Warren left here for Marshfield this morning. The distinguished man is fully aware of his danger, and his intellect is unclouded. He is able to converse freely. A special meeting of Mr. Webster's Executive Committee was called early this morning. It was resolved. in compliance with the wishes of Mr. Webster's family and friends, that all political action be suspended for the present. During last night. Mr. Webster was very low, but at 5 this morning, when the messenger left Marshfield, he was asleep.He yesterday prepared a bundle of documents be despatched to Washington. BOSTON, Oct. 23-3 P. M. The express attached to the Journal office has just arrived, having left Mashfield at 11 o'clock. Mr. Webster is gradually sinking, and it is evident that in a few hours all will be over. His mind remains calm, and he is tranquil and happy. It was suggested to Mr. W. that he make his will, to which he gave his consent. but it is barely possible that he will have sufficient strength to do it. BOSTON, Oct. 23-6I Advices to P. M. have just been received. which confirm the reports of Mr. Webster' critical condition. The great man is gradually but surely sinking. It is thought that he may survive through the night, but improbable. NEW YORK. Oct. 18. The passengers by the Black Warrior. report that it was rumored at Havana. that Captain Porter should insist on landing the Crescent City, she would be fired into. The greatest exa citement prevails in consequence. Should shot be fired, Lieut. Porter has orders to surrender his vessel. The ship Elizabeth Jones, Capt. Brooks, is said to have been outraged by the Havana police, who searched her cabin and examined all her private papers, on suspicion that he had Fillibuster correspondence on board. Further conspiracies have been discovered at Mantanzas Del Rio and other places. The situation of the Patriots is every day more and more compromised. Imprisonments and denunciations multiply The conspiracy has been denounced at Mantanzas, and a section of the military commission despatched thither to enquire into the accusations and command the trials. The Captain General is very uneasy about the Crescent City business, and he has had very serious misunderstandings with his Secretary Martin Goliano, who has been his counsellor and guide in the transaction. Goliano wished to resign his Secretaryship Canedo, however. has not accepted his resignation, but on the contrary, told Goliano that, as he had led him into the bad scrape, he should see him out. and stand by the consequences of his conduct. The community have suffered much inconve nience from the arbitrary conduct of Gen. Canedo, and he will undoubtedly be recalled by his Government. Quite a number of persons have become obnoxious to the Government, but are safe from its vengeance, because in the United States they are politely requested to return. stand trial, and take their chance. Among the passengers in the Warrior are several Creoles, large means, who have come here with their families, and design becoming citizens of the United States, as they declared it impossible for any person who has the least self respect. to live longer at Havana, or indeed on the Island of Cuba. We learn from these passengers, that the Count of Poyos Dulces, brother-in-law of Lopez. is still in prison. He is confined in the most loathsome dungeon in the castle. All his property, which was very large. has been confiscated to the Government. and it was rumored that the noble Count himself would be given to the garrote, together with his brother. Don Jose Fras who was arrested at the same time. Threeo er persons, Senors Quatero, Balbin and Gonzales, have been tried and sentenced to death by the militaire, and are to be garroted in few days. The trial of numerous persons was progressing. Domiciliary visits were more numerous than ever. They are now made by day as well as at night. and bands of soldiers may be seen at all hours conducting some unhappy prisoner to the castle. There was no sort of security for either life. property or person all the Creoles who were able were making preparations to leave the Island. CHICAGO, Oct 20. About 2 o'clock this afternoon a fire was discovered in the helfry of the First Baptist Church, situated on the corner of La Salle and Washington streets, and in a few moments the whole spire was in flames. The wood work of the church was entirely consumed, leaving the walls standing. The origin af the fire is unknown, but as is workmen were engaged repairing the roof. it supposed to have cought from a pipe which a workman was seen smoking on the roof. No insurance. WASHINGTON, Oct. 11, 1852. There is a great run on the bogus Banks at Washington. The unknown Banks circulating and dating here, are the Central, Citizens, Empire. Fulton. Mechanics' Merchants' Exchange, Merchants & Mechanics', Metropolitan, Ocean. and Railroad. with about a dozen others, on which the run is being made. The Bank of the Union had a large circulation in the District. WASHINGTON. Oct. 23. It is rumored here that President Fillmore has written a letter. urging his friends to rally to the support of the Whig nominations, and send Whigs to Congress to support the administration. The steamsuip Fredonia will shortly leave with troops for Texas, to check the marauding Indians. BALTIMORE, Oct. 23. The opening of the Hanover Railroad was celebrated yesterday evening. It passed off pleasantly. NEW YORK, Oct. 23. Steamer Franklin sailed to-day for Southampton, with 100 passengers and $160,000 in specie. PHILADELPHIA, Oct. 23. The steamer City of Glasgow sailed to-day noon for Liverpool, with 45 passengers and $80,000 in specie. MONTPELIER. Oct. 15. The Legislature re-assembled this A. M., and resumed balloting for Speaker. On the 24th ballot. Thos. E. Powers, Whig, was declared elected

19. November 9, 1852 Spirit of Jefferson Charles Town, WV
Article from Spirit of Jefferson, November 9, 1852

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Bank of the Union. CARD.-Finding myself overwhelmed by A the financial revulsion produced by the Maryland anti-bank law, and by a combination of adverse circumstances, I am compelled to make an assignment of my assets for the benefit of creditors and note-holders. I shall hereafter make such an exposition of my affairs as to satisfy the public that I have made an honest effort to overcome the panic and meet my obligations. WASHINGTON, October 9, 1852. Virginia papers will confer a favor by copying. RO. H. GALLAHER.

20. November 13, 1852 The Republic Washington, DC
Article from The Republic, November 13, 1852

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TO THE PUBLIC. General Agency in Washington. AVING surrendered every thing I possessed H on earth, in the shape of Property, Notes, Claims. and Accounts. both in Washington and Virginia, for the benefit of the Creditors of the Bank of the Union," I now tender my personal services for the further liquidation of any liabilities that may not be ratiefied by the proceeds of my assets. What balances will be unsettled after all my available effects are realized through my Trustees, time alone can show; but, let the balance be what it may, I do not ask or desire to be released from my obligations even for one cent, as it is my determination to struggle, as long as life and health are spared me, to overcome adverse fortune, and to pay dollar for dollar. To this end, therefore, and for the maintenance of my little household. I hereby offer my services as a General Agent for Claims before Congress and the several Departments of the Government; and I will also undertake the collection of Claims against individuale in Washington. My commissions for services rendered shall be no more than those charged by other agents, and when employed by persons who were bona fide holders of the "Bank of the Union" notes at the time of its suspension, I will receive from them at par two-thirds of my fees. in those issues. And now let those indebted to me make the same efforts, and the same sacrifices, and no creditor will suffer. My numerous friends in Virginia and else w here, who have known me from childhood, will, I am sure, still confide in me, and to them I refer all persons who may have occasion to employ an agent at the seat of Government. I can be found at the office of Jro. S. GALLAHER, jr., 9th street between Hand F, or may be addressed (post-paid) through the mail. RO. H. GALLAHER. WASHINGTON CITY, November, 1852. Nov 13-3tawlm

21. November 16, 1852 The Republic Washington, DC
Article from The Republic, November 16, 1852

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TO THE PUBLIC. General Agency in Washington. AVING surrendered every thing I possessed H on earth, in the shape of Property, Notes, Claims, and Accounts, both in Washington and Virginia, for the benefit of the Creditors of the "Bank of the Union," I now tender my personal services for the further liquidation of any liabilities that may not be satisfied by the proceeds of my assets. What balances will be unsettled after all my available effects are realized through my Trustees, time alone can show; but, let the balance be what it may, I do not ask or desire to be released from my obligations even for one cent, as it is my determination to struggle, as long as life and health are spared me, to overcome adverse fortune, and to pay dollar for dollar. To this end, there. fore, and for the maintenance of my little household, I hereby offer my services as a General Agent for Claims before Congress and the several Depart. ments of the Government; and I will also undertake the collection of Claims against individuals in Washington. My commissions for services rendered shall be no more than those charged by other agents, and when employed by persons who were bona fide holders of the "Bank of the Union" notes at the time of its suspension, I will receive from them at par two-thirds of my fees in those issues. And now let those indebted to me make the same efforts, and the same sacrifices, and no creditor will suffer. My numerous friends in Virginia and elsewhere, who have known me from childbood, will, I am sure, still confide in me, and to them I refer all persons who may have occasion to employ an agent at the seat of Government. 1 can be found at the office of JNO. S. GALLAHER, jr., 9th street between E and F, or may be addressed (post paid) through the mail. RO. H. GALLAHER WASHINGTON CITY, November, 1852. Nov 13-3tawlm

22. December 8, 1852 The Republic Washington, DC
Article from The Republic, December 8, 1852

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TO THE PUBLIC. General Agency in Washington. AVING surrendered every thing I possessed H on earth, in the shape of Property, Notes, Claims, and Accounts, both in Washington and Virginia, for the benefit of the Creditors of the "Bank of the Union," I now tender my personal services for the further liquidation of any liabilities that may not be satisfied by the proceeds of my assets. What balances will be unsettled after all my available effects are realized through my Trustees, time alone can show; but, let the balance be what it may, I do not ask or desire to be released from my obligations even for one cent, as it is my determination to struggle, as long as life and health are spared me, to overcome adverse fortune, and to pay dollar for dollar. To this end, therefore, and for the maintenance of my little household. I bereby offer my services as a General Agent for Claims before Congress and the several Depart. ments of the Government; and I will also undertake the collection of Claims against individuals in Washington. My commissions for services rendered shall be no more than those charged by other agents, and when employed by persons who were bona fide holders of the "Bank of the Union" notes at the time of its suspension, I will receive from them at par two-thirds of my fees in those issues And now let those indebted to ine make the same efforts, and the saine sacrifices, and no creditor will suffer. My numerous friends in Virginia and eleewhere, who have known me from-childhood, will, I am sure, still confide in me, and to them I refer all persons who may have occasion to employ an agent at the seat of Government. I can be found at the office of JNO. S. GALLAHER, jr., 9th street between E and F, or may be addressed (post paid) through the mail. RO. H. GALLAHER. W ASHINGTON CITY, November, 1852. Nov 13-3tawlm

23. June 9, 1853 New Orleans Daily Crescent New Orleans, LA
Article from New Orleans Daily Crescent, June 9, 1853

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"CLOSING UP" A BROKEN BANK - An advertisement appears in one of the Washington papers. signed by Messrs. Pollard Webb and Saml been G Harris, stating that they have ap pointed trustees for the Columbia Bank at Washington, which suspended payment on the 23d ultimo," and will take immediate mensures to close up its affairs, and make known its assets as early as practicable." The trustees appointed to wind up the affairs of the " Bank of the Union," which failed in Washing ton last October, have not yet reported. They, too, promised an early settlement.