USA > New York > Gazetteer of the State of New York: embracing a comprehensive view of the geography, geology, and general history of the State, and a complete history and description of every county, city, town, village, and locality, Part 1 > Part 24
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Kingston.
C.
March 14, 1831 June
1, 1861
100
100.000
Unadilla Bank
Unadilla
I.
July,
1844
4, 1853 July
4, 1953
250
500,000
S. E.
Union Bank of the City of New Yorke.
A.
Dec.
21, 1852
Dec.
22, 1852,Jan.
1,1952
1,000
1,500.000
S.
Union Bank of Rochester ...
A.
Jan.
20, 1853
March 1, 1853 Jan.
1,1953
400
500,000
S. E.
Union Bank of Sullivan County ..
Monticello.
A. March 3, 1851
March
1, 1851 Jan.
1, 1899|
110
150.000
S. E.
Union Bank of Troy
Troy
A.
Jan.
20,1851
|Jan.
1, 1851 Jan.
1,1951
250
300,000
S. E.
Union Bank of Watertown ..
A.
June
14, 1852 July,
1, 1852 July
1, 1952
100
187,900
S. E.
Utica City Bank
Utica.
A.
Aug.
30, 1848 Sept.
1, 1848 Jan.
1, 1898
125
200.000
S. E.
Wallkill Bank
Middletown
June
9,1857
Aug.
3, 1857 Aug.
3,1957
125
125.000
S.
A.
March
8, 1839 July
1, 1839 1n year
2050
100
200,000
S. E.
A.
Jan.
21, 1839 Jan.
20,1839
Jan.
1, 2839
100
100,000
Waverly Bank
Waverly
A.
Aug.
20,1855
Aug.
6, 1855
Aug.
6,1955
100
106,100
Weedsport Bank.
Weedsport
A.
July
12, 1854 July
3, 1854
Jan.
1, 1954
100
100,000
West Winfield Bank
West Winfield.
A.
March 10, 1854
16, 1854
Feb. 16, 2354
100
125.000
S. E.
White's Bank of Buffalo ...
Buffalo .....
A.
April
9,1853
April
6, 1853
In year
2000
100
200.000
S. E.
Williamsburgh City Bank ..
Williamsburgh ....
Feb.
25, 1852
Feb.
4, 1852
Feb.
4, 1952
200
500.000
S.
Wooster Sherman's Bank ...
Watertown ..
Dec.
1841
50.000
S. E.
Worthingtou Bank
Cooperstown
I.
Dec.
1854
50.000
S. E.
Wyoming County Bank.
Warsaw.
I.
Nov.
1851
50.000
S. E.
« First incorp. Marchi 29, 1830; cap. $100,000 ; expired Jan. 1, 1857.
è Successor to Pine Plains Bank.
· Tradesmen's Bank incorp. March 29, 1823; cap. $600,000; re- duced to $400,000 March 26, 1827 ; once ext .; exp. Jan. 1, 1855.
e Union Bank incorp. March 8, 1811; cap. $1,800,000: once extended; expired Jan. 1, 1853; successor to Jersey Bank, ju- corp. by State of New Jersey.
Obsolete and Closing Banks. (Those marked with a * are redeemed by the Bauking Department.)
NAME.
Location.
1C .- Chartered.
I .- Individual.
Date of charter or beginning of business.
Capital.
Rate of redemp.
tim. S .- Stocks.
S. E .- Stocks and
mortgages on real
Remarks.
estate ..
Adams Bank
Ashford.
I.
Aug.
1850
...
Redemption expires June 2. 1860. Geo. Jones, N. Y.
*Agricultural Bank of Herkimer.
Herkimer
A.
Jan.
11, 1839 $ 100,000
Par
( Failed June 4, 1858. Red. at New York State Bank, Al- bany.
Allegany County Bank
Angelica ..
I.
May
13, 1840
S. 36
¡Aqueduct Association in ) Village of Catskill ...
Catskill
C.
April 21, 1818
‘ Changed to Greene County 1 Bank Feb. 5, 1819.
S. E.
Seneca County Bank
Waterloo.
C.
April 30, 1833 Jan.
1,1863
500
500,000
Shoe & Leather Bank ..
A.
Dec.
30, 1852 Dec.
Sept.
22, 1858
Smith's Bank of Perry.
Perry ...
50.000
S. E. S. E. S. E. S.
Suffolk County Bank
Sag Harbor
I.
April,
1844
20,000
Susquehanna Valley Bank ..
Binghamton
S. E. S. E.
Tompkins County Bank. Tradesmen's Bank of the City of New Yorke
......
Troy City Bank.
Troy.
C.
Kinderhook
A.
June
23, 1853 June
23, 1853 Jau.
1, 1900
125
200,000
S E. S.
Union Bank of Albany .... Union Bank of Kinder- hook .....
Albany
A.
June
8, 1853 July
Washington County Bank .. Watertown Bank & Loan Company
Watertown
S. E. S. E. S. E.
Westchester County Bank ..
Peekskill.
C.
March 21, 1833
Jan.
1,1863
200
200.000
Feb.
A. I.
I. A. A. C. PPPPPPPHP A .- Associated free bank. A.
DATES
Present capital.
Canton ..
April 29, 1859
S. E. S.
Schobarie.
100,000
Spraker Bank.
Pine Plains
Syracuse City Bank
Syracuso
Itbaca ....
New York.
125,550
New York
Rochester.
Watertown
A.
Union Village ...
d Formed by the consolidation of the Manufacturers' Bank and tho Eagle Bank by special act of 1859.
A .- Associate ..
tion of circula-
96
NEW YORK STATE GAZETTEER. Obsolete and Closing Banks, continued.
NAME.
Location.
|C .- Chartered. A .- Associate.
1 .- Individual.
Date of charter or beginning of business.
Capital.
Rate of redemp-
tion .- S .- Stocks.
S. E .- Stocks and
mortgages on real estate.
American Bank
Mayville.
I.
June, 1847
Closing. Red. by Ilenry Keep until Nov. 16, 1861.
*Astor Bank
New York.
A. I.
June June,
2,1852
$ 200,000
Par ... Closing.
Atlas Bank of New York ...
Clymer.
Amenia Bank
Leedsville
I.
1844
Red. by Geo. Jones, N. Y., until Sept. 14, 1861.
Bank of America at Buffalo. Bank of Bainbridge ..
Buffalo
A. L.
Sept. 26, 1839 April, 1847
100,000
S. 76, S. E. 78 Failed.
Bank of Brockport
Brockport
Falled.
Bank of Buffalo
Buffalo
C. I.
A. Nov. 13, 1839 March 14, 1831 July,
150,000 200,000
Par
Bank of Carthage
Carthage
Bank of Columbia.
Hudson
C.
1852 March 6, 1793
160,000
Bank of Commerce of Buf- falo ...
Buffalo
A. Aug. 27,1839
100,000
S. 76
Bank of the Empire State ..
Fairport
I. A.
June, 184S March 1, 1856 March 25, 1808
100,000 300,000
Bank of Lake Erie
Buffalo
I. Sept. 1847
Closing. Red. until March 21, 1862.
Bank of Lodi.
Lodi, (Seneca co.,)
Jan. 8,1839
100.000 200,000
S. 83, S. E. 97 Par
Failed. Failed.
Bank of tho Metropolis
New York
A.
March 31, 1851
100,000
Scarcely began business. Got
Bank of Monroe
Rochester
C. I.
April 22, 1829 Jan. 1846
300,000
Par
Charter expired Jan. 1, 1850. S. par,S. E. 81 Failed Oct. 1, 1851. Time expired for redemp. Jan. 8, 1859.
Bank of Ithaca
Ithaca
C.
April 29, 1829
200,000
Par
Charter expired Jan. 1, 1850. Removed to N. Y., and now Mercantile Bank of New York. Failed 1825.
Bank of Niagara
Buffalo
April 17, 1816 Feb. 13, 1840
400,000 100,000
S.87, S. E. 74 Failed.
Bank of Orleans.
Albion ...
Lowville ..
I. C.
April 30, 1834 7, 1817 Sept. April
300,000 250,000
Par Charter expired July 1847.
Bank of Tonawanda
Wheatfield.
A.
Dec.
15, 1838
100,000
S. 68 Failed 1840.
Bank of the Union ..
Belfast.
I.
March, 1852
Par Closing. Red. until June 2, 1864.
*Bank of the Union in tho City of New York.
New York.
A. May 25, 1853
300,000
Par
Closing.
Bank of the United States in New York
A.
Aug. Jan.
13, 1838
200,000
Par
Closed 1843.
Bank of Warsaw
Warsaw
A.
1,1839
100,000
Bank of Washington Warren ...
Sandy 1Till
C. April Jan. 1,1839
400,000 100.000 180,000
S. 75
Failed.
Bank of Whitehall.
Whitehall
C.
April
30, 1829
100,000 100,000
Charter expired June 13, 1859. S. 75, S. E. 74 Failed.
Camden Bank
Camden
Jan.
27,1848
300,000 112,550
Par Failed. Jno. A. Stewart receiver. Par Closing. Red. by Edwin Rock- well until Jan. 1. 1864.
Canal Bank
Albany
C.
May 2, 1829
300.000
40 Failed July 11, 1848.
*Canal Bank of Lockport ...
Lockport.
A.
April 10, 1839;
200,000
Par Closing. (See Rep. Comp. 1848. p. 70.)
Randolph
A.
Jan. 23, 1840
100,000
S. 84, S. E. 77 Failed.
Cattaraugus County Bank. *Central Bank of the City of New York
New York
A.
Jan. 17,1853
300,000
Par
Failed.
Chemical Manufacturing { Co ..
New York
C.
April 21, 1824
400,000
Par
[ Charter expired. Merged in Chemical Bal K.
Chemung County Bank
Horseleads
1.
Sept. 14, 1855
Par
Failed March 23, 1858. Red. by Bank Dept. until Sept. 23, 1864.
Chelsea Bank
New York
A. C.
.Jan. May
8,1839
1,000,000 400,000
City Trust & Banking Co ... Clinton Bank.
New York
A. A. March 10, 1839 Feb. 10, 1840
100,000
Par
Closed 1841.
Commercial Bank of Buf- falo ..
Buffalo
C. April 26, 1$34
400,000
Failed.
Commercial Bank of New York
Now York
C.
April
28, 1834
500,000
Failed.
Commercial Bank of Os- wego
Oswego
C. May 19, 1836 30, 1839 Sept. 1848
100,000
Par
Closing.
Red. until Dec. 2.1859.
Crouse Bank
Syracuse
A.
Sept. May
12, 1852
100,000
Par
Changed to Central City Bank Feb. 3, 1857.
Champlain Bank
Ellenburgh
1.
Oct.
1846
Par
Closing. (See Rep. Comp. 1848, p. 75.) Red. until Nov. 16, 1861.
Commercial Bank
Lockport.
1.
Aug.
1847
Par
Closing. 1861.
Red. until Aug. 25,
&
Bank of Waterford
Waterford.
A. A.
July 4, 1838
Binghamton Bank
Binghamton
A.
Dec.
26, 1838
Bowery Bank of the City of New York
New York
Aug.
16, 1847
Par
Failed. Elizur Hart receiver. Closing. Red. until Oct. 28, 1862. Failed 1825.
Bank of Plattsburgh
Plattsburgh
Bank of Rochester
Rochester.
C.
Feb.
19, 1824
Par
Failed. Closing. Red. until Oct. 7, 1862. Closing. Originally individual. Failed 1820. Allowed office of discount at Catskill.
*Bank of Hornellsville ..
Ifornellsville.
Bank of Hudson
Hudson
C.
Bank of Lyons
Lyons
A. C.
May 14, 1836
one plate engraved.
Bank of New Rochelle
Bolivar
Olean ...
C. A. C.
200,000
Bank of the People
1852
7,1817
Failed 1825. Failed.
Bank of Western New York.
Rochester
New York
100,000
Failed 1844.
Cortlund County Bank.
Trixton.
A.
Cortland County Bank ..
Cincinnatus
1.
250,000
25 Failed in 1840.
Failed 1839. (Seo Comp. Rep. 1848, p. 75.)
City Bank of Buffalo
Buffalo
21, 1836
tion of circula-
Remarks.
. 1847
S. 97, S. E. 75 Failed 1847. Par ...
Penn Yan
Closing. Red. hy 1I. B. Bennett until March 26, 1863.
80
Failed. Closed. Red. until April 29, 1863. Failed 1829. Twice extended.
Bank of Olean.
New York
A. A.
Failed.
97
CORPORATIONS.
Obsolete and Closing Banks, continued.
NAME.
Location.
|C .- Chartered.
A .- Associate. I .- Individual.
Date of Charter or beginning of business.
Capital.
Rate of redemp
of circula- tion. S .- Stocks. tion of
IS. E .- Stocks and
mortgages on real estate.
Commercial Bank, Alle- } gany County ...
Friendship.
I.
July,
1847
Par
[ Closing. Red. until July 22, 1862.
Clinton County Bank
Plattsburgh
C.
May Nov.
18, 1836 1, 1855
$200,000 100,000
l'ar
Failed May 1858. Red. at New York State Bauk at Albany until Nov 6, 1864.
Delaware & Hudson Canal } Co ..
New York
C. Nov.
19, 1824
600,000
Par
Banking privilege expired Nov. 19, 1844.
Dutchess County Bank
Ponghkeepsie ..
C.
April 12, 1825
150,000
Dutchess County Bank ...
Amenia
I.
Aug.
1849
Drovers' Bank of St. Law- rence Connty
Ogdensburgh.
I.
Dec.
1843
Dunkirk Bank
Dunkirk
I.
July, April
5,1839
100,000
Eagle Bank of Rochester.
Rochester.
A.
March 27, 1852
200,000
Merged in the Traders' Bank of Rochester June, 1859.
Eighth Avenue Bank
New York
A.
Sept. 1, 1853
100,000
Par
*Empire City Bank
New York
A.
Jan.
1,1852
500,000
Erie County Bank
Buffalo
A.
Sept.
1,1838
100,000
S. 62, 8. E. 72 Failed. Par
Excelsior Bank
Meridian
I.
Feb.
1851
*Exchange Bank of Buffalo.
Buffalo
I
April,
1844
Par
Bank.
*Exchange Bank of Genesee
Batavia
A.
Jan.
8,1849
100,000
Par
Closing. Removed from Alex- ander June 24, 1850.
Exchange Bank of Roches- ter
Rochester
I. Oct. A. Oct. 6, 1838
100,000
Farmers' Bank of Hamilton County.
Arietta
I. April,
1850
Par
Closing. Red. until July 16, 1863.
Farmera' Bank of Geneva .. Farmers' Bank of Malone ...
Geneva
A.
July
18, 1839
100,000
Closed. Worthless.
Farmers' Bank of Mina ...
Mina
I.
May,
1847
Par
Closing. Red. until Mar. 9, 1864. (Failed May 1853. Red. at Bank Dept. at 85 until Nov. 12, 1$59.
Farmers' Bank of Orange } County
Warwick.
I.
Aug.
1842
Farmers' Bank of Orleans .. Gaines
A.
Oct. 29, 1838
200,000
Farmers' Bank of Penn Yan
Penn Yan
A.
Ang.
20,1839
100,000
Par
Closed 1843.
Farmers' Bank of Seneca County.
Romulus
A.
April 20, 1839
100,000
S. par,S. E. 74 Failed 1840.
Farmers & Drovers' Bank of Erie County
Buffalo
I.
Oct. 1843
Failed 1846. Worthless.
Farmers & Mechanics' Bank of Ogdensburgh ..
A.
Ang. 28, 1843
100,000
Par
Closed.
Farmers & Mechanics' Bank of Onondaga.
Fayetteville.
A.
Aug. 24, 1839
250,000
Par
Closed 1841.
Frauklin Bank of Chau- tanqua County
French Creek
1847
Par
Closing. Red. until Aug.25, 1861. Failed 1830. Closed 1852.
Farmers' Bank of Saratoga County
Crescent
A.
April
1,1851
200,000
Par Still redeeming its own notes.
Freemen's Bank of Wash- ington County.
Hebron
I.
Oct.
1850
Genesee Central Bank
Attica
A.
Dec. 11, 1938
100,000
Globe Bank
Seneca Falls
I.
Dec.
23, 1839
Failed
Globe Bank in the City of New York.
New York.
A. C.
April 11, 1840 Feb.
5, 1819
Failed 1826.
*Hamilton Exchange ? Bank of Greene.
Groene
I.
Aug.
1850
84 f Redeemed at Bank Dept. at 84 1 until June 23. 1964.
Ilartford Bank
Hartford
I.
June,
1849
Par Closing. Red. until July 14, 1862.
I1. J. Miner's Bank of Utica.
Fredonia
I.
Feb.
1850
25,000
Par Closing. Still redeems its own notes.
Henry Keep's Bank
Watertown
I.
Sept. 1847
Closing.
Red. until Sept. 17,
*SIollister Bank of Buffalo ..
Buffalo.
A.
Feb. 1, 1850
100,000
Par
1859. Failed.
Bed. at Commercial Bauk at Albany.
Howard Trust & Banking Co.
Troy.
April
16. 1839
100.000
Par
Closed 1844.
Hudson River Bank.
New York
Dec.
6, 1534
100,000
*Island City Bank
New York.
A.
June
1, 1854
300,000
Par
Failed Oct. 1857. Red at Man- hattan Co. until April 22, 1864.
Ithaca Bank
Ithaca ..
A
Dec. 31, 1838
250.000
Jarek Bank
Janjaville
A
Feb.
7.1439'
106,000
91
Failed Oct. 1, 1851. Worthless.
Kinderhook Bank
Kinderhook
I.
25, 15:19
Knickerbocker Bank
Genoa.
I.
Sept.
1848
Par
Closing. Red. until Nov. 16, 1861. J Failed. Red. at North River Bank.
Kirkland Bank
Clinton
I.
Dec.
1845
Par
La Fayette Bank
New York
C.
April 18, 1834
500,000
Closing. Red. until June 3, 1863. Failed.
I.
Oct.
1844
*Farmers' Bank of Onon -? daga
Onondaga Valley,
I.
July,
1852
85.
2
[ Closed 1843 .. Worthless. (See 1 Comp. Rep. 1844, p. 61.) Failed. Worthless.
Franklin Bank
New York ..
April 21, 1818
500,000
Franklin County Bank ..
Malone
I.
Aug.
1846
Par
Closed.
Farmers' Bank of Ovid ..
Ovid
Failed.
*Dairymen's Bank
Newport.
A.
Charter expired July 1, 1845. Closing. Red. until Nov. 6, 1863. [ Closed. Removed from Catta- raugus co.
Eagle Bank
New York
A.
1851
Closed. Failed.
S. E. 94
Failed Nov. 1854. Red. at Bank Dept. Failed. Red. at North River Bank.
Closing. Red. until Nov. 16, 1861. Failed. Red. at Albany City
Malone
I. C.
Closing. Red. until Oct. 2, 1861.
Greene County Bank.
Catskill
A A.
Knickerbocker Bank of } the City of New York f
New York
C
Oct. 1, IŠSI
200,000
Par
T
Par
100,000
Ogdensburgh
31, 1839
Par Par
Remarks.
98
NEW YORK STATE GAZETTEER.
Obsolete and Closing Banks, continued.
NAME.
Location.
C .- Chartered. JA .- Associate.
1 .- Indiridual.
Date of charter or beginning of business.
Capital.
| Rate of redemp-
tion .- S .- Stocks.
S. E .- Stocks and
mortgages on real. estute.
Leland Bank
New Lebanon ...
I. July, Jan.
1852
Par
Closing. Red. until July 16, 1864.
Le Roy Bank of Genesee
Le Roy
A.
1, 1839
$ 100.000
Lewis County Bank
Martinsburgh
C.
April 30, 1833
100.000
Livingston County Bank.
Geneseo ..
C.
April
7,1830
100,000
Par
Lockport Bank
Lockport ..
C.
April 22, 1829
100,000
Lockport Bank & Trust Co. Lockport
Lumberman's Bank
Wilmurt
I.
March, 1851
300,000
Par
Closing. Red. until Oct. 24, 1861. Closing.
Madison Co. Bank
Cazenovia
C.
March 14, 1831
100.000
Manhattan Exchange Bank Manufacturers' Bank of
New York
A.
April
1,1839
300,000
Ulster Co
Saugerties.
I. Sept.
10, 1840
Par
Closed.
Manufacturers' Bank of } Rochester.
Rochester
A.
July
28,1856
200,000
Mechanics' Bank
Watertown
I.
Sept.
1851
Mechanics' Bank of Buffalo
Buffalo
A.
Jan.
25,1839
100,000
S. E. 63.
Mechanics' Bank of Wil-} liamsburgh
Williamsburglı ...
A.
March 1,1853
Oct. 24,1838
100,000
Mechanics & Farmers' Bank Mercantile Bank of Schenec- tad y
Schenectady
Λ. March 26, 1839
100,000
Par Closed 1844.
Merchants' Bank
Mina
I.
Feb.
1847
Par
Closing. Red. until Oct. 17, 1861.
Merchants' Bank of Ontario County
Naples
I. March
1846
Merchants' Banking Co ......
New York
A.
Sept.
4,1839
1,000,000
S. 81, S. E. 65 Failed 1840.
Merchauts & Farmers'Bank Carmel.
Oct.
1845
Par
Closing. Red. until May 30, 1862. ( Failed March 1854. Red. at Bank Dept. at 77 until Sept. 28, 1860.
Middle District Bank
Poughkeepsie
C. March 22, 1811
200,000
Millers' Bank of New York Clyde
A.
Dec.
1, 1838
300,000
*Monroc Bank of Rochester Cuba.
I.
[Oct.
1852
A.
March 23, 1839 1851 Feb.
100,000
S. 42
Failed.
1.
New York
A.
May
6, 1840
200,000
New York Manufacturing } Co.
New York
C.
Sept.
26, 1814
150,000
Par
Merged in Phoenix Bank Fcb. 21, 1817. Incorp. June 15, 1812, for maunfacturing cards and wire.
New York City Trust & Banking Co
New York.
I.
Closed 1840.
I.
Aug.
1848
Par
I.
Juue
1846
Par
*New York State Stock Security Bank
New York
I.
Nov. 30, 1838
Par
Closing. Red. until Aug. 16, 1864. Closing. Red. until July 19, 1962. f Closing. Red. at New York State Bank. Albany. Closing. Red. at New York State Bank, Albany.
*New York Traders' Bank of Washington Co ..... Niagara River Bank.
North Granville ..
I.
Sept.
1851
A.
March 15, 1853
104,000
Removed to Lockport May 13. 1859, and name changed to Lockport City Bank.
North American Bank
New York.
A.
Oct. 21, 1839
100,000
Par
Closed 1841.
North American Trust & Banking Co.
New York
A.
Nov.
6, 1838
2,000,000
Failed.
Northern Bank of New York
Madrid
1. Feb.
1847
Northern Canal Bank.
Fort Ann
I.
Aug.
1848
New York.
A.
Dec.
4, 1839
100,000
Buffalo.
A.
Jan.
1, 1844
100,000
Par
[ Failcd. Red. at Albany City Bank. Closed.
Onondaga County Bank Ontario Bank
Syracuse
A.
Jan.
1. 1854
150,000
Canandaigua
C.
March 12, 1813
500,000
Charter expired Jan. 1. 1856. Allowed to establish Branch at Utica April 10, 1815. and this continued until charter ex- pired as Ontario Branch Bank of Utica.
Ontario Bank, (President and Directors of )
Utica.
A. 1.
Dec. Nov.
1855
Par
Failed. E. A. Wetmore, receiver. Failed March, 1858. Red. at
Oswego County Bank.
Meridian
1.
Oct.
1549
Par
Union Bank, Albany, until! Aug. 11. 1864. Closing. (1854.) Red. until Sept. 5. 1860.
Palmyra Bank of Wayne?
Palmyra
1.
Dec.
1843
Pachin Bank
Buffalo
A
Oct.
1. 1847
100,000
Par
Closed. Red. by A. D. Patchin until Feb. 28, 1862.
Phoenix Bank
Bainbridge
I. June
1850
Phoenix Bank at Buffalo.
Buffalo ..
A.
Oct.
30, 1839;
500,000
S. E. 73.
*Pine Plains Bank
Pine Plains,
A.
March 9, 1839
100,000
Par
Closed. Failed. Red. until Sept. 2, 1863. Failed April 1858. Reorganized as Stissing Dank.
A.
Oct.
31, 1838
500,000
Par
Failed Nov. 4, 1854. Charter expired July 1, 1855. Charter repealed May 15, 1837. Closing. Red. until Nov. 12, 1863.
*Luther Wright's Bank Mcintyre Bank.
Oswego
A.
I.
1847 March 28, 1846 Sept.
Par Closing. Red. until Feb. 27,1861. Charter expired Jan. 1, 1858. Par
[ Merged in The Traders' Bank of Rochester June, 1859. Closing. Red. uutil Sept. 23, 1861. Failed. Changed to Manufacturers' 1 Bank of Brooklyn, 1858.
Closed. Closed.
Merchants' Exchange Bank of Buffalo
Buffalo
A. I.
Sept.
20, 1838
200,000
*Merchants & Mechanics' } Bank of Oswego.
North Granville ..
A.
July
1852
S. Par, S.E.94 Par
Closing.
New York Banking Co ...... New York Bank of Saratoga New York City Bank.
New York
Hadley
Par Closing. Red. until April 1, 1862.
Par
New York Security Bank ... New York Stock Bank
Ilope Falls
Durham
1.
July
1847
Closing. Par Red. nntil Nov. 1, 1860 Closing. Red. until March 1. 1802 Closing. Red. until Oct. 13, 1 862 Par Par
North River Banking Co ... *Oliver Lee & Company's ) Bank ..
*Ontario County Bank
Phelps
29, 1855
500,000
County
( Changed to Lyons Bank March 1 31. 1857.
a Removed from Tonawanda. Sept. 24, 1857.
tion of circula-
Remarks.
Par
Adirondac
Ithaca
A.
Par
Failed 1829. Failed 1840.
Buffalo
Northern Exchange Bank ..
Brasher Falls,
99
CORPORATIONS.
Savings Banks are institutions intended to receive in trust small sums of money, generally the surplus carnings of the laboring classes, and to return the same with moderate interest at a future time. They are banks of deposit only ; their officers serve without pay, and the money received on deposit can be invested only in mortgages upon real estate, public stocks, or such other securities
Obsolete and Closing Banks, continued.
NAME.
Location.
[C .- Chartered. A .- Associate.
I .- Individual.
Date of charter or beginning of business.
Capital.
| Rate of redemp-
tion of circula-
tion. S .- Stocks. S. E .- Stocks and
mortgages on real estate.
Remarks.
Powell Bank
Newburgh
A. I.
Dec. 27,1838
$130,000
Par
Closing. Red. its own notes. Failed Feb. 1858. Red. at Bank Dept. at 94.
Prattsville Bank
Prattsville
I.
Aug. Nov.
22, 1848
100,000
Par
Closing. Red. until Dec. 15, 1860. Closing. Red. by David Kent until Oct. 1863.
Putnam Valley Bank
Putnam Valley ...
I.
May,
1849
Par
Closing.
Queen City Bank
Buffalo ...
I.
Sept.
1853
Reciprocity Bank
Buffalo ...
C.
March
6,1857
200,000
Par Closing. Red. until Feb. 10, 1863. Changed from Sackets Harbor Bank March 6, 1851. Failed. Receiver app. Ang. 27, 1857.
Sackets Harbor Bank
Buffalo
C.
April, 28, 1834
200,000
Removed from Sackets Ilarbor March 25, 1852. Changed to Reciprocity Bank 1857.
St. Lawrence Bank ..
Ogdensburgh
A. A.
Oct.
15, 1839
100.000
Silver Lake Bank of Genesee
Perry.
A.
Jan.
5,1839
100,000
*State Bank at Sackets) llarbor
Sackets Harbor ...
I.
May,
1852
Par
Union Bank, Albany, until Nov. 11, 1862.
*State Bank at Saugerties ..
Saugerties
I. April,
1847
Par
Closing.
Staten Island Bank
Port Richmond ...
A.
Oct.
29,1838
100.000
S. E. 56. Failed.
*Suffolk Bank
New York
A.
July
1, 1852
100,000
Par
Closing.
Sullivan County Bank.
Monticello
I.
Oct.
1850
Par
Closing. Red. until Aug. 21, 1860. Failed 1840.
Troy Exchange Bank
Troy
A.
Jau.
1, 1838
100,000
I'nion Bank at Buffalo
Buffalo
A.
Oct.
10,1839
100,000
United States Bk. at Buffalo Buffalo ..
A.
Dec.
13, 1838
100,000
S. E. 77.
Failed.
Valley Bank of Boonville ... Boouville
I.
Par
Closing. Red. by E. N. Merriam. of Ogdensburgh, until Marcht 20, 1863.
Valley Bank of Lowville ...
Low ville.
I.
Ang.
1851
Par
Removed to above.
Boonville. Eco
Village Bank
Randolph.
I.
.Inne,
1848
Par
Closing. Red. until June 3, 1859.
*Walter Joy's Bank
Buffalo ..
I.
Feb.
1848
Par
Failed 1850. Red. at Mechanics
Warren County Bank.
Johnsburgh
I.
Dec.
1845
Par Closing. Red. uutil Nov. 12. 1859.
Washington Bank in the City of New York
New York
A.
July
18, 1839
125.000
65, 35, & Par. Failed 1843.
Watervliet Bank
West Troy
C.
May
21, 1836
250,000
Failed. (See Comp. Rep. 1848, p.
Wayne County Bank
Palmyra
C.
April
30, 1829
100,000
Par
Closing.
Western Bank of Suffolk (minty.
I.
June,
1850
Par
Williamsburgh Bank
Williamsburgh ..
A.
.Jan.
12. 1839
100,000
Willoughby Bank
Brooklyn
A.
Nov.
1, 1839
100,000
Par
Closed 1840.
Wool Growers' Bank of the State of New York.
A.
Jan.
12, 1839
100.000
Par
Closed 1841.
Yates County Bank
Penn Yan
C.
April
2, 1831
100.000
Failed 184S. (See Comp. Rep. 1849, p. 35.)
Savings Banks in the State, Jun. 1, 1859.
NAME.
Location.
Date of incorporation.
Amount due depositors.
Resources.
Albany City Savings Institution
Albany
March 29, 1850
$ 169.181
$ 168.181
Albany Exchange Savings Bank ..
Albany .
April 18, 1856
27.987
27,987
Albany Savings Bank
Albany
March 24. 1820
994.924
1,049.804
Auburn Savings Institution.
Auburn
March 12, 1849
71.235
71.415
Bank for Savings in the City of New York
New York.
March 26. 1819
8,701.923
9.250.996
Bloomingdale Savings Bank
April
17.1854
56.390
57.599
Broadway Savings Institution
New York
June
20. 1851
841.346
872,967
Brooklyn Savings Bank
Brooklyn.
April
7. 1827
2.660,951
2.816,817
Buffalo Savings Bank
Buffalo.
May
9. 1846
852.681
924,803
Central City Savings Institutint
litien
Juno
20. 1851
28.431
30.688
central Savings Bank of Troy
Troy
April
15, 1:57
25.712
25.712
Cabina Savings Institution.
Cohoes
April
11, 1851
34.734
34.734
Conunercial Savings Bank of Troy
Troy
April
12. 1855
60.031
60,031
Dry Dock Savings Institution
New York
April
12, 1848
1,118,876
1.169.401
Fat Hiver Savings Institution.
New York.
785.782
829.569
Elmira Savings Bank
Elmira
April
17, 1854
1.973
2,107
Emigrant Industrial Savings Bank
New York
April
10, 1850
1.628.754
1.695,951
Jan.
8,1839
100,000
Failed Dec. 3, 1841.
State Bank of New York ...
Buffalo.
S.32, S. E. 50 S. 31
Failed.
( Failed Nov. 1, 1856. Red. at
Tenth Ward Bank
New York
A.
Dec.
1,1838
100,000
S. 94
S. 81
Failed.
*White Plains Bank
Naples
I.
June,
1844
Closing. Red. uutil Juno 17, 1862. Par
Closed.
Brockport Savings Bank.
Brockport
July
18, 1853
2,439
2.511
Rowery Savings Bank
New York
May
1. 1834
7,818.143
8,274,445
Putnam County Bank.
Farmers' Mills ...
A.
Oct. 1847
*Pratt Bank of Buffalo
Buffalo .
94
1843
Par
& Farmers' Bank, Albany.
77. Closed.
S. Huntington.
New York.
New York.
7*
100
NEW YORK STATE GAZETTEER.
as may be approved by law. They can be organized by special act of the Legislature, and their charters arc perpetual. The total number of savings institutions incorp. prior to 1859 was 75, of which 57 reported their statistics in 1858. They are placed under the care of the Superintendent of the Banking Department, who has general powers for the protection of the interests of deposi- tors, and is required to report tlicir condition annually to the Legislaturc. Most of these institu- tions bear names closely resembling those of banks of discount and circulation, and are kept in the same building and have the same persons as officers of both.1
Class IV includes those whose certificates are filed in the County Clerks' offices. Most of the corporations already described are required to file their articles in the clerk's office of their respect- ive counties, in addition to depositing them in the departments of the State Government.
" An Act to provide for the Incorporation of Religious Societies" was passed April 6, 1784.2
" An Act authorizing the Incorporation of Rural Cemetery Associations" was passed April 27, 1847.
" An Act to provide for the Incorporation of Villages" was passed Dec. 7, 1847.8
Savings Banks, continued.
NAME.
Location.
Date of incorporation.
Amount due depositors.
Resources.
Emigrant Savings Bank of Buffalo.
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