USA > New York > Albany County > Albany > The annals of Albany, Vol. I > Part 3
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A. DE HOOGES, Secretary.
"27th July, 1650. Resolved, that Willem Juriaensen shall be con- veyed on board of Rutger Jacobsen, and then released, Rutger Jacobsen promising to give him a passage in his yacht to the Manhattans."
25
Mayors of Albany.
ALBANY DIRECTORY.
1849.
The following pages, to and including page 74, particularly those con- taining the names of the officers of societies, routes of travel, and public places, have reference to the year 1848-9.
MAYORS OF THE CITY OF ALBANY.
The following are the names of the mayors of the city of Albany, from 1686 down to 1848, with the terms of service of each:
Peter Schuyler 1686 to 1694||SybrantG. Van Schaick 1756 to 1761
Johannis Abeel
1694 to 1695
¡Volkert P. Douw 1761 to 1770
Evert Bancker 1695 to 1696
Abraham C. Cuyler 1770 to 1778
Derick Wessels
1696 to 1698
John Barclay 1778 to 1779
Hendrick Hansen
1698 to 1699
Abraham Ten Broeck 1779 to 1783
Peter Van Bruhg
1699 to 1700
John Ja. Beekman 1783 to 1786
Jan Jans Bleecker
1700 to 1701
John Lansing, jr. 1786 to 1790
Albert Ryckman
1702 to 1703
Abraham Yates, jr. 1790 to 1796 Abraham Ten Broeck 1796 to 1799 Phil.S. Van Rensselaer 1799 to 1814 Elisha Jenkins 1814 to 1819
David Schuyler
1706 to 1707
Evert Bancker
1707 to 1709
Johannis Abeel
1709 to 1710
Robert Livingston, jr. 1710 to 1719
Myndert Schuyler
1719 to 1721
Ambrose Spencer James Stevenson
1826 to 1828
Peter Van Brugh
1721 to 1723
Charles E. Dudley
1828 to 1829
Myndert Schuyler
1723 to 1725
Isaiah Townsend
1829 to 1831
Johannis Cuyler
1725 to 1726
Francis Bloodgood
1831 to 1832
Rutger Bleecker
1726 to 1729
John Townsend 1832 to 1833
John De Peyster
1729 to 1731
Francis Bloodgood 1833 to 1834 Erastus Corning 1834 to 1837
John De Peyster
1732 to 1733
Teunis Van Vechten
1837 to 1838
Edward Holland
1733 to 1741
Jared L. Rathbone 1838 to 1841
John Schuyler
1741 to 1742
Teunis Van Vechten
1841 to 1842
Cornelius Schuyler
1742 to 1746
Barent P. Staats 1842 to 1843
Dirck Ten Broeck
1746 to 1748
Friend Humphrey
1843 to 1845
Jacob C. Ten Eyck
1748 to 1750
John Keys Paige
1845 to 1846
Robert Sanders
1750 to 1754
William Parmalee 1846 to 1848
Hans Hansen
1754 to 1756
John Taylor 1848 to 1849
Philip S. Van Rensselaer held the office of mayor 17 years-being the longest period that any one person continued in the office.
Jared L. Rathbone was the first mayor elected by the people. Pre- vious to his third term these officers were elected by the Common Council. Of the number seven survive.
Johannis Bleecker
1701 to 1702
Johannis Schuyler
1703 to 1706
Phil.S Van Rensselaer 1819 to 1821 Charles E. Dudley 1821 to 1824
1824 to 1826
Hans Hansen
1731 to 1732
26
Streets, Lanes, Alleys, &c.
STREETS, LANES, ALLEY8, &c.
All the streets running west from the river, commence their numbers at the eastern boundary. All those running parallel with the river, (except Broadway, North Pearl, Montgomery and Water, which commence their numbers at the southern boundary), com- mence numbering at the northern boundary. Several of the streets have no buildings upon them.
Academy Park fronts on Eagle and Elk streets and Capitol Park. Alexander street, from South Pearl to Eagle, 1st south Bassett.
Alms House Square, fronts on Gansevoort, Snipe, Perry and Ferry. Arch street, from river to Alms House Square, Ist south Ferry. Bassett street, from river to South Pearl, 2d south Schuyler.
Bleecker street, 1st south Lydius.
Beaver street, from Broadway to Eagle, Ist south State.
Bradford street, from Snipe to western boundary, Ist south Sche- nectady turnpike.
Broadway, from north to south boundary.
Broad street, from Lydius to south boundary, Ist west South Pearl. Canal Basin, fronts Water, Lawrence, Montgomery and De Witt. Canal street, from North Pearl to Snipe.
Capitol Park, fronts on Eagle and State, and Academy Park.
Catharine street, from Clinton to Swan.
Centre street, from Lumber to canal basin.
Cherry street, from river to Franklin, Ist south Schuyler.
Church street, from Ferry to Broadway, Ist west Broadway.
Chapel street, from State to Patroon, Ist west North Pearl.
Chesnut street, from Hawk to Lark, Ist south State.
Cortland street, from Delaware turnpike to Alms House Square. Colonie street, from Water to western boundary.
Columbia street, from river to Eagle, 3d north State.
Clinton Square, fronts on Pearl, Patroon and Orange.
Clinton street, from southern boundary to Arch.
Cross street, from Canal to Orange, 2d west North Pearl.
Dallius street, from southern boundary to Lydius, Ist east Green. Daniel street, from Beaver to Eagle.
Dean street, from Steuben to Hudson, Ist west Quay.
Delaware Square, fronts on Delaware turnpike, Ferry Lark, and Lydius.
Delaware street, from Clinton to Eagle.
Dennison street, from Broadway to Liberty.
De Witt street, from canal basin to Broadway.
Diagonal street, from Liberty to junction of Hudson and Union.
Division street, from river to South Pearl, 3d south of State.
Dove street, from northern to southern boundary, 3d west Eagle. Eagle street, from southern boundary to Canal.
27
Streets, Lanes, Alleys, S.c.
Franklin st., from Lydius to southern boundary, 1st east South Pearl. Fulton street, from Lydius to Plain, 1st west South Pearl.
Gansevoort st., from river to western boundary, southernmost street. Grand street, from Beaver to Arch.
Hawk street, from northern to southern boundary, 1st west Eagle. Hamilton street, from river to western boundary, 1st north Lydius. Hare street, from head of Orange to western boundary.
Herkimer street, from river to South Pearl.
Howard street, from South Pearl to Eagle, 1st south State.
Hudson street, from river to western boundary.
Hudson Square, fronts on Washington, Partridge and Ontario.
High street, from State to Lydius, 2d west Eagle.
Jackson street, from Colonie to Spencer, 1st east Broadway.
James street, from State to Columbia, 1st west do. Jay street, from Eagle to Lark, 3d south State.
John street, from river to Franklin, 1st north Ferry.
Jefferson street, from Eagle to Delaware Square, 1st south Lydius.
Knox street, from Elk to southern boundary, 1st west Lark.
Lark street, from southern boundary to Patroon, 4th west Eagle. Lawrence street, from river to Broadway, 1st north canal basin. Lewis Alley, from Grand west.
Lumber street, from river to western boundary, 3d south canal basin. Lydius street, from river to western boundary.
Lancaster street, from Eagle to western boundary, 2d south State. Lodge street, from Beaver to Columbia, 2d west North Pearl. Liberty street, from Hudson to Lydius, 1st west Broadway.
Maiden Lane, from river to Eagle, Ist north State.
Mercer street, from Delaware turnpike to Alms House Square.
Montgomery street, from Steuben to northern boundary.
Morris street, from Delaware Square to northern boundary.
Morton street, from Clinton to Dove.
Mulberry street, from river to Franklin, 3d south Lydius. North Ferry street, from Bath ferry to Broadway.
North Lansing street, from river to Broadway, 2d south canal basin.
North Pearl street, from State to northern boundary.
North Square, fronts on Lark, Canal, Knox and Elk.
Norton street, (late Store Lane,) from Green to South Pearl. Nucella street, from river to Gansevoort.
Ontario street, northern to southern boundary, 2d west Alms House. Orange street, from river to Hare, 4th north State.
Park street, from State to Lancaster, 1st west Eagle.
Partridge street, from southern boundary to Schenectady turnpike. Patroon street, from Broadway to western boundary, 6th north State. Perry street, beginning at Alms House Square, southern to northern boundary.
Pier, runs from foot of Hamilton, north 4323 feet, and 80 feet broad
to the foot of Lawrence street, forming a basin of an area of 32 and 1-10th acres.
Pine street, from Chapel to Eagle, 2d north of State.
Philip street, from Lydius to Hudson, 3d west South Pearl. Plain street, from South Pearl to Philip, 1st south Hudson.
Pleasant street, from Western to Schenectady turnpike.
Plumb street, from river to Franklin, 1st south Bassett.
28
Wards.
Providence street, from Delaware turnpike to Alms House Square.
Quackenbush street, from river to Broadway.
Quail street, from northern to southern boundary, 1st west Alms House.
Quay street, along the dock, from to Orange street.
Rensselaer street, from river to South Pearl, 2d south Ferry.
Robin street, from Alıns House Square to Washington, Ist west Snipe. Rose street, from Hamilton to Lydius, 1st west Green.
Sand street, from Lark to western boundary.
Schuyler street. from river to Clinton, 4th south Ferry.
Second street, from Ten Broeck to western boundary.
South Lansing street, from river to Franklin, 1st south Herkimer.
South Pearl street, from State to Gansevoort.
Spencer street, from river to Broadway, 1st south Lumber. Spruce street, from Eagle to Lark, 1st north Elk.
State street, from river to western boundary.
Steuben street, from river to Eagle, 2d north State.
Snipe street, beginning at Alms House, to northern boundary. Swan street, from southern to northern boundary, 2d west Eagle.
Ten Broeck street, from Patroon to Colonie, 1st west North Pearl. Third street, from Ten Broeck to western boundary.
Union street, from Lydius to Hudson, 2d west Broadway.
Van Tromp street, from Broadway to North Pearl, 1st n. Columbia.
Van Schaack street, from North Pearl to Cross, 1st west Canal.
Van Woert street, from Broadway to western boundary.
Van Zandt street, from South Pearl to Philip. 1st north Lydius.
Vine street, from river to Franklin, south Nucella.
Warren street, from Eagle to Alms House Square, 2d south Ferry.
Washington st., from Academy and Capitol Parks to western boundary. Washington Square, fronts on State Knox, Lydius and Willett.
Water street, from northern boundary to Steuben, 1st west Quay. Westerlo street, from river to Delaware Square, 2d south Lydius. William street, from Hudson to Howard, Ist west South Pearl.
Wilson street, from Broadway to Ten Broeck, Ist south Lumber. Willett street, from State to Lydius, Ist west Lark.
Yates street, from Delaware Square to western boundary.
AN ACT
For the Division and Equalization of the Wards of the City of Al- bany, and for other purposes. Passed March 30th, 1841.
FIRST WARD .- Beginning at a point where the south bounds of the city intersect the west line of Rensselaer street; thence running north along the east bounds of the city to a point opposite the centre of Arch street; thence westerly through the centre of Arch street to the cen. tre of Hallenbake street; thence northerly through the centre of Hal- Jenbake street to the centre of Arch street from the west; thence westerly through the centre of Arch street to the centre of Eagle street; thence southerly through the centre of Eagle street to the south bounds of the city; thence easterly along said south bounds to the place of beginning.
29
Wards.
SECOND WARD .- Beginning at the intersection of the centre of Arch street with the east bounds of the city, and running thence northerly along the said bounds of the city to a point opposite the centre of Her- kimer street; thence westerly along the centre of Herkimer street to the centre of Pearl street; thence southerly along the centre of Pearl street to the centre of Westerlo street; thence westerly along the centre of Westerlo street to the centre of Hallenbake street; thence northerly along the centre of Hallenbake street to the centre of Westerlo street from the west; thence westerly along the centre of Westerlo street to the centre of Eagle street; thence southerly along the centre of Eagle street to the centre of Arch street; thence easterly along the centre of Arch street to the centre of Hallenbake street; thence southerly along the centre of Hallenbake street to the centre of Arch street from the east; thence easterly along the centre of Arch street to the east bounds of the city and place of beginning.
THIRD WARD .- Beginning at a point in the easterly bounds of the city opposite the centre of Herkimer street, and running thence northerly along said east bounds to a point opposite the centre of Hamilton street; thence westerly along the centre of Hamilton street to the centre of Eagle street; thence southerly along the centre of Eagle street to the centre of Westerlo street; thence easterly along the centre of Westerlo street 10 the centre of Hallenbake street; thence southerly along the centre of Hallenbake street to the centre of Westerlo street from the east; thence easterly through the centre of Westerlo street to the centre of Pearl street; thence northerly through the centre of Pearl street to the centre of Herkimer street; thence easterly along the centre of Herkimer street to the place of beginning.
FOURTH WARD .- Beginning at a point in the east bounds of the city opposite the centre of Hamilton street, and running thence northerly along said east bounds to a point opposite the centre of State street bridge; thence westerly through the centre of State street bridge and State street to the centre of Eagle street; thence southerly along the cen- tre of Eagle street to the centre of Hamilton street; thence easterly along the centre of Hamilton street to the east bounds of the city and place of beginning.
FIFTH WARD .- Beginning at a point in the east bounds of the city opposite the centre of State street bridge; thence running northerly along said east bounds to a point opposite the centre of Columbia street bridge; thence westerly along the centre of said bridge and of Columbia street to the centre of Pearl street; thence northerly along the centre of Pearl street to the centre of Fox street; thence westerly along the centre of Fox street to the centre of a street thirty-six Ryland feet in width, and leading from Fox to Spruce streets; thence southerly through the cen- tre of said street to the centre of Spruce street; thence easterly through the centre of Spruce street to the centre of Eagle street; thence southerly through the centre of Eagle street to the centre of State street; thence easterly along the centre of State street and of the State street bridge to the east bounds of the city and place of beginning.
SIXTH WARD .- Beginning at a point in the east bounds of the city opposite the centre of the Columbia street bridge, and running thence northerly along said east bounds to a point opposite the centre of Lum- ber street; thence westerly along the centre of Lumber street to the cen- tre of Ten Broeck street; thence southerly along the centre of Ten Broeck
30
Wards.
street to the centre of Patroon street; thence easterly along the centre of Patroon street to the centre of Chapel street; thence southerly along the centre of Chapel street to the centre of Canal street; thence easterly along the centre of Canal street to the centre of Pearl street; thence southerly along the centre of Pearl street to the centre of Columbia street; thence easterly along the centre of Columbia street and the Columbia street bridge to the east bounds of the city and place of beginning.
SEVENTH WARD .- Beginning at a point in the east bounds of the city opposite the centre of Lumber street, and running thence northerly along the east bounds of the city until it strikes a point opposite a red cedar post with brick around it, standing on the west bank of the Hudson river, which post is distant twenty-two chains and thirty-six links from the south east corner of the storehouse of Stephen Van Rensselaer, on a course, north forty degrees and twenty minutes west; thence westerly to the said cedar post; thence north forty eight degrees west to the west bounds of the late town of Colonie; thence southerly along said west bounds to the centre of Lumber street; thence easterly along the centre of Lumber street to the east bounds of the city and place of beginning.
EIGHTH WARD .- Beginning at the intersection of the centre of Canal and Chapel streets; thence running northerly along the centre of Chapel to the centre of Patroon street; thence westerly along the centre of Pa- troon street to the centre of Ten Broeck street; thence northerly along the centre of Ten Broeck street to the centre of Lumber street; thence westerly along the centre of Lumber street to the west bounds of the late town of Colonie; thence southerly along said west bounds to the centre of Patroon street; thence easterly along the centre of Patroon street to the centre of Lark street; thence southerly along the centre of Lark street to the centre of Spruce street; thence easterly along the cen- tre of Spruce street to the centre of a street leading from Spruce to Canal streets, of thirty-six Ryland feet in width; thence northerly along the centre of said street to the centre of Canal street; thence easterly along the centre of Canal street to the place of beginning.
NINTH WARD .- Beginning at the intersection of Eagle and State streets, and running thence northerly along the centre of Eagle street to the centre of Spruce street; thence westerly along the centre of Spruce street to the centre of Lark street; thence northerly along the centre of Lark street to the centre of Patroon street; thence westerly along the centre of Patroon street to the west bounds of the late town of Colonie; thence southerly to the south side of Patroon street; thence westerly along the north range of the city to the west bounds thereof; thence southerly along said west bounds to the centre of Lydius street; thence easterly along the centre of Lydius street to the centre of Main Avenue; thence northerly through the centre thereof to the centre of State street; thence easterly along the centre of State street to the place of beginning.
TENTH WARD .- Beginning at the intersection of the centre of Eagle street with the south bounds of the city, and running thence north through the centre of Eagle street to the centre of State street; thence westerly through the centre of State street to the centre of Main avenue; thence southerly through the centre of Main avenue to the centre of Lydius street; thence westerly along the centre of Lydius street to the west bounds of the city; thence southerly along said west bounds to the south bounds of the city; thence easterly along said south bounds to the place of beginning.
31
Banks.
BANKS.
The banks are open every day in the year, from ten A. M. to two P. M., except Sundays and holidays. The interest for discount in the banks in this city, is fixed at 7 per centum per annum. Three days of grace are allowed, and the discount taken for the same. Every bill or note offered for discount, must be delivered the day preceding the day of dis- count. Bills or notes lodged at the banks for collection, when protested for non-payment, the person lodging the same pays the charge of pro- test. Deposits of money, or notes for collection, must be entered in dealer's book at the time of deposit. No interest allowed on deposits.
BANK OF ALBANY, No. 42 State street: incorporated April 10, 1792; charter expires in 1855; capital, $240,000; shares, $30 each; dividends, May and November; discount day, Thursday. Jacob H. Ten Eyck, pre- sident; Jellis Winne, jr., cashier; J. H. Ten Eyck, Teunis Van Vechten, Harmon Pumpelly, Henry Bleecker, Volkert P. Douw, William Walch, Benjamin Tibbitts, David Newland, J. Winne, jr., Andrew D. Lansing, Daniel Cady, directors; E. R. Phelps, teller; N. Bleecker, jr., book- keeper; John Sill, discount clerk; Charles Lansing and Henry Wilkin- son, clerks.
Reminiscences .- A great many projects were on foot in the year 1792. The capi- talists were eager for a bank, and a meeting was called on the 3d of February, at Lewis's Tavern, (south side of State street, corner Pearl, ) to discuss the subject. There was at this tinie, it is believed. but one bank in the state, the Bank of New York, the stock of which was fifty per cent. above par. It was decided that the interests of the northern part of the state required the location of a bank at Albany. Somc one writing for the newspapers, confidently asserted that a hundred thousand dollars would be subscribed in a few hours in the city alone; but it was liberally resolved that the neighboring places should be permitted to share in the honors and emoluments of the enterprise. At a subse- quent meeting, the outlines of a plan for the establishment of a bank were presented. The name of the institution to be The Albany Bank; the capital, $75,000, to be divided into 500 shares, of $150 each; $15 to be paid on subscribing, and the remainder in thrce in- stalments ; 13 directors to constitute the board, 9 of whom to be residents of the city. Jeremiah Van Rensselaer, Jacob Vanderheyden, and Barent Bleecker, were to open the books for subscriptions in the week following, and to close them as soon as five hundred shares should be subscribed. Accordingly the committee opened the books on the 17th of February, and the stock was overrun in amount in less than three hours After the books were closed, offers of 10 per cent. advance were made on the stock. and on Satur- day, the day following, it rose to one hundred per cent. cash. Application was immedi- ately made to the legislature for a charter, and as the prospect of its being granted was more or less doubtful during the progress of the bill, the price of the stock rose or fell, creating no little excitement and speculation in this quiet region, where stock transac- tions were quite a novelty. At one time it is said to have stood at $100 premium on a share npon which only $15 had been paid. Stephen Van Rensselaer was elected presi- dent. Towards the closc of the session the act of incorporation became a law. The first election of directors was held on the 12th of June, at the City Tavern, and resulted as follows: Abraham 'T'en Broeck, Cornelius Glen, Stephen Van Rensselaer, Jeremiah Van Rensselaer, Jobn Maley, Abraham Van Vechten, Henry Cuyler, John Stevenson, James Caldwell, Jacob Vanderheyden, Goldsbrow Banyar, Daniel Hale, Elkanah Wat- son. At a meeting of the directors thus chosen, Abraham Ten Broeck was elected pre- sident. The bank was opened for deposits on the 16th of July, and began to discount on the 17th. The rate of interest was 6 per cent. In September notice was given that notes of 45 days only would be discounted. 'The act of incorporation limited the capital stoek to $260,000; each sharc to be 400 Spanish milled dollars, or its equivalent. This did not exhaust the idle capital. and those who were unable to get bank stock, proposed to build an aqueduct. Whether they designed to throw cold water on the former project does not appear, but it will be allowed that their scheme promised to furnish an equally useful circulating medium.
In 1797 a report was published in the New York papers that the Albany Bank had fail- ed, on account of the great influx of counterfeits of its own bills. The bank had now been in operation five years, and there had not yet been a counterfeit discovered. Its af-
32
Banks.
fairs appear to have been managed with great prudence and considerable ability; and in proportion to its capital, possessed more specie than any other bank in the country. The current price of its stock was from 45 to 50 per cent. above par. The banking house was originally located in Pearl street, and afterwards removed to the building next to the Mansion House on the south; in February, 1810, it was removed to the north east corner of State and Court streets, the present site of the Exchange; and when the latter building was erected, the bank was removed to No. 42 State street, where it now remains.
NEW YORK STATE BANK, NO. 69 State street: incorporated in 1803 ; charter expires in 1851; capital, $369,000; shares, $28; dividends, 5 per cent, semi-annually, in March and September; discount day, Monday. Rufus H. King, president; J. B. Plumb, cashier; Rufus H. King, G. Y. Lansing, Joel Rathbone, M. T. Reynolds, William Adams, R. Boyd, P. Gansevoort, W. E. Bleecker, W. C. Miller, L. Chapin, J. B. Plumb, A. McIntyre, directors; H. A. Allen, teller; John S. Leake and H. S. Lan- sing, book-keepers; John H. Van Antwerp, corresponding clerk; William McHarg and John Strother, clerks; Isaac Fondey and James A. Chest- ney, western department.
Reminiscences .- This bank was incorporated with a capital of #460,000. At a meeting of the directors on the 25th of March, 1803, John Taylor was chosen president, and John W. Yates cashier. It commenced business on Wednesday, Sept. 7; banking hours from 9 to 12, and from 2 to 4. Notes offered for discount were to be drawn payable at the bank, unless the drawer resided in the city of Albany or New York. Discounts were made for 36 days. In December the bank altered its hours of business, opening at 9, and closing at 2. On the 10th of May, 1904, they commenced business in their new banking house, where they have ever since continued. By the act of incorporation, the comptroller, to- gether with John Taylor, Thomas Tillotson, Abraham G. Lansing, Peter Gansevoort, Jr., Elkanah Watson, Jolin R. Bleecker, Francis Bloodgood, John Robinson, Gilbert Stewart, John D. P. Douw, Richard Lush, and Thomas Mather, were constituted the first directors. The business was to be confined to the city of Albany, the rate of inte- rest to be 6 per cent., and the state reserved the right of subscribing 3000 shares.
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