This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 22 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Feb 01, 1908
Page
3
Directors meet to decide not to reopen as debit balance nears 1 million dollars and depositors wait. State Superintendent of Banks in charge. hopes for swift reopening fade as bank faces withdrawal surge since October crisis.
Ex controller Grout, recently joined Mechanics and Traders Bank, met with Clark Williams to discuss a skeleton plan for deferred stockholder payments if rehabilitation proceeds. Williams and Grout agreed no steps would occur without State Banking Department approval. President Sullivan aims to resign after aiding recovery as depositors’ committees form across twelve branches and the New York main office. Public update on the bank’s condition was released showing the January 29, 1908 closing figures.
The Oriental Bank of New York suspension echoed in Dallas where Western Bank & Trust Co failed on Jan 5 1908 with liabilities of 1 5 million. The Oriental held collateral securities totaling 56 000 to secure a 48 000 loan.
National Banking Department examiners spent yesterday examining the New Amsterdam National Bank as a preliminary step to its rehabilitation plan awaiting results.
Examiner Charles A. Hanna, charged with the bank when it closed Wednesday, said no further details could be released until the examination by the National Banking Department is complete. Vice President J G Hemerich added that rehabilitation plans hinge on the exam outcome.
About 109 depositors who remembered the Home Bank at Forty-eighth Street and Fifth Avenue, Brooklyn, cleared checks through Mechanics and Traders' Bank and sought repayment. President Damon said those who wanted money received it and the bank was in good shape. The bank planned to reopen in the morning and meet all demands, with directors meeting after hours and officials conferring with Superintendent Williams. all demands were promptly met yesterday.
Martin McHale, long time head of the United States Mortgage and Trust Company real estate department, is elected vice president of the Hamilton Bank. He will oversee all real estate loans and is regarded as a leading New York City property authority.
F M Peet of National Deposit Bank says a strong financial syndicate explored buying C W Morse stock in New Amsterdam National Bank New York but Morse failed to deliver stock as collateral. Peet disputes Morse’s version and cites notes pledged to a bank as coverage for the purchase price.
The special Grand Jury investigating financial and traction matters appeared before Justice Wling in the Criminal Branch, was allowed to extend its sittings into February, and no indictments were voted or required in this major investigation. Reports of two indictments were deemed unfounded.
In Piffsburg a burglar who robbed the Holy Family Orphan Asylum at Emsworth last night returned the cash and a gold chalice this morning. Earlier he took 100 dollars in cash. a package containing the chalice was tossed over the fence with no explanation.
Brooklyn officials clash over a $3 dog license fee and the seizure of an Irish terrier. Borough President Coler says the dog was taken without warrant. SPCA contends the animal was in the street without a license. Controller Metz orders an official study of SPCA books to resolve the dispute and the $15,000 health department appropriation is on hold until findings.
Jealous over attention paid to Jennie the terrier, Bob the archbishop’s collie runaway with the iceman is sought by Philadelphia police. Archbishop Ryan, Father McQuaite, and Assistant Superintendent O Leary urge detectives to find Bob, hoping he will return and restore Jennie’s place. Special to the New York Times.
Justice Dowling charges the jury on standard for insanity and degrees of murder in the Stanford White case. He explains defect of reason tests and how a verdict may be guilty of first or second degree murder or manslaughter. The scene follows jurors awaiting the decision amid crowd outside and high trial costs for the Thaw defense.
Honolulu advices report Minister Hayashi cabled Japanese Consul General Sainto with emigration rules to Hawaii. Emigration is limited to those who previously went to Hawaii, immediate family of current residents, and spouses of those families. Regulation takes effect Feb 1, with potential for sizable future movement.
Charles E Johnston a 37 year old actor with the Empire Burlesquers vanished after a Dewey Theatre performance two weeks ago. His wife Jeanette Buckley and relatives fear foul play while Johnston’s aunt reports he carried a large sum of money and valuable jewelry.
Deputy Attorney General De Ford asked the Court Justice Leventritt for permission to discontinue the People v American Ice Co restraining suit. Decision reserved. Loss of information and many records cited as reason. company’s counsel says AG will file another action with a jury trial demand.
A church commission at Hanson Place Methodist Episcopal Church Brooklyn dismissed charges against Rev Dr James M Buckley editor of The Christian Advocate finding no morality violation or church rule breach The charges tied to the Bowne trial and separate criticisms by Rev George A Cook of Brandon Vermont conclude with Buckleys exoneration ending the affair
A new development in the Trouis Wolf pickpocket case led to the arraignment of lawyer Rutherford W. Kathan and clerk Jacop Gotthelf in Adams Street Court on attempted bribery charges. They allegedly offered East New York manager Inglehardt Heene $75 to get complainant Heible to withdraw the pocketing charges. Heene testified and both defendants were bound over to the Grand Jury in $1,000 bonds each.
Notice to Times readers explains a new rule across New York City newspapers restricting dealers from returning unsold Sunday copies. Readers without a standing order should place one now to ensure a copy of The New York Times Sunday edition.
A fourteen member crew of automobilists sails from Havre aboard the La Lorraine for New York to begin the Peking to Paris race across two hemispheres. Five cars will race from the liner Kasset in Auguste Victoria with German, French, and Italian drivers and engineers joining in New York. The group includes engineers Maas and Leouvier, conductors Bourcier Delon, Jansen, Hloc, Huy, Pons, and Conti among others, with editor Stephen Lane of Le Matin accompanying.
The city’s motorists aim to honor the New York to Paris contestants with a large demonstration and to escort the racers part of the route to Albany. American manufacturers may provide cars as escorts to Farrytown and beyond, with foreign delegates from the Importers' Salon likely joining, signaling a convoy of about a hundred cars starting together.
State Automobile Association plans a touring escort for racing cars from Albany to Chicago, with parties from Poughkeepsie Utica Schenectady Rochester and Buffalo coordinating along fifty miles of Hudson and further legs toward Omaha Cheyenne and beyond. Leaders include C T Hakes and Dr Lacey with Frederickson organizing the Wyoming and Western segment.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.