Mechanics and Traders Bank to Resume Operations Under Court Plan
Supreme Court Justice Hendrick approved a reorganization allowing a trustee or guardian to sign the plan, enabling the Mechanics and Traders Bank to reopen within thirty days. Depositors representing 84 percent have signed the deferred payment agreement, with 10 percent due at opening and the rest over sixteen months. The bank, with fourteen branches and deposits around 8 to 9 million, closed January 30 due to heavy withdrawals.
MENTIONED IN THIS ARTICLE
Supreme Court
Hendrick
Mechanics and Traders Bank
Strauss & Anderson
Broadway
Joseph Heidelberger
William Beck
Heidelberger
Scott
G Peeeee Hendrick
Banic
Banking Department
State Bank
Department
Mechanics and Traders
Coney Island Bank Reopens With Fireworks Jubilee
The Jenkins Trust Company reopens its Coney Island branch at 9 am with a citywide celebration. Whistles, merry-go-rounds, marching bands, elephant mascots, and mortars explode in a staged show as leading locals deposit funds to mark renewed confidence in the island's sole bank.
MENTIONED IN THIS ARTICLE
Coney Island
Jenkins Trust Company
Surf Avenue
Brooklyn
Luna Park
Frederic Thompson
Lemlein
Charles Feltman
Fred Henderson
Louis Stauch
Dreamland
Tilyou
Henry Pain
Luna
Henderson’s
Feltman’s
Stauch
Coney
Borough Bank Reopens With Strong Deposits
The Borough Bank of Brooklyn reopened under President Brook R. Shears. Opening day deposits at the main office exceeded withdrawals sixfold, while the Eighth Ward Branch saw deposits twelve times withdrawals. Vice President William Hurley noted many depositors kept accounts, and he praised the bank's solid capital of 200000 dollars, a 150000 dollar surplus and guarantee fund, plus 1400000 in savings.
MENTIONED IN THIS ARTICLE
Borough Bank of
Brooklyn
Broo R. Shears
Designs for New Municipal Building at Brooklyn Bridge Entrance
The competition for the new Municipal Building at the Manhattan entrance to Brooklyn Bridge has submitted designs to the jury of award. Four competitors entered and a decision is expected in about a week.
MENTIONED IN THIS ARTICLE
Municipal
Manhattan
Brooklyn Bridge
Missionary Official resigns to accept pastorate
The Rev. Dr. K. T. McClelland Field Secretary of the Board of Missions for Freemen in the Presbyterian Church of the United States has resigned. He believes he can do more for his Church by accepting a pastorate in Pittsburg as of April 14.
MENTIONED IN THIS ARTICLE
McClelland
Pittsburg
Penn
K. T. McClelland
Board of Missions For Freemen
Presbyterian Church of the United States
Court Holds 4 623 000 Gas Money In Limbo
Judge Hough declined to order return of 4 623 000 deposited with the court since the 80 cent gas rate dispute began. He said the company need not deposit more funds and noted the final issue of the case remains doubtful amid constitutional questions. A former employee allegations about doctored books and witness removal were discussed, with opposing counsel skeptical.
MENTIONED IN THIS ARTICLE
Hough
United States Circuit Court
Consolidated Gas Company
United States Supreme Court
John A. Garver
Sherman & Ene
Gas Trust
Stevens Legislative Committee
Burr
Also Mentioned on This Page
Brokaw Brothers
Astor Place
Fourth Ave
N.Y
Hunter Baltimore
Uraiter
William Su
Anderson & CO
Fulton Street
Boro Hall
Stetso Shoe
Oxford
Oxfords
The
Stetson Shop
Cortlandt St
Southwestern Limited
Roe York
ST. Louis
J. B. Kirk & CO
New York
and Traders
Borough Bank
Frank Danby’s. Fine
London
Frank Danby
the Sunday Chronicle
the Macmillan Company
Sth Ave
19Th Street
Sixth Avenue
B. Altman & Co
Shriner & Urner Shoes
Singer
Cor
Franklin
Fulton St
Chicago
Bet
Jackson Blvd
Philadelphia
Chestnut St
United States
Field, Chapman & CO
Urea
Dhate Teal
Cape Francis
Attenue « -Borougth
Mortoises
Greater
Iteally
Nr York
Oesil
Flatiron
Sun
Pean, Bt
Maes
Paris
Mati
Pei
Ted Mae
Times & Teat
Times & Teat Ine Mg
Luggege Repair Co
Feith St
Fc Valoi
Dureauu
Rample
Isc
Doe
Sce
BR. S. Wells
Jersey City
N. J
Beay
Mle
Foot
Foot & Robertson
BR ST
Helsea
18Th St
Epa
Barclay
Raxtus
Lw, Sweet& CO
Maiden Lane
PE & Lock
M_. Mossman
John
Mantes
Finn, Bros
Ebay
Mandatean
Nathan's
Waite
Exchan Clothing Co
Pa Place
Trista Caliente
Cortlandt
Writer Exchange
New York Times
Smilpurt
Vernon
Cook & Bernheimer CO
the Times
Young’s
Houston St
Produce Exchange
28Th St
Dey St
31Th St
14Th St
Fifth Ave
Wm. Knabe & Co
Knabe
Av. Cor
39Th St
Steinway
Gabler
Hardman
38Th St
Christman
West 14Th St
A Starz Pianos
Wea Kee
Lincoln AY
184Th St
3D Ay
Steinways
Lohmer
Horace
t_ BROS
St St
Piano. Co
East 125Th St. Barains
Steinways, Sohmers, Webers, &c
Sohmer
Breinway
Weber
Winterroth
East 14Th St
4&C
Lindo Bros
Epee
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