The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1860-10-03
ANOTHER FINANCIAL EXCITEMENT.
s10PPAGE or THE ARTISANS BAN
THEIR CONFEDERATION and DISAPPOINTMENT.
SCENES AT THE BANKING HOUSE.
wrYHDRAwL or THE CITY FUNDS.

>>~~>J~~~~~e~>~~~-~>~oJ~~
WTYHDRAWM or THE CITY FUNDS.
ACTION OF OTHER CITY BANKS,
g.. &c., 20.
The Suspension Of payment by the Artsans' Bank on
Monday morning last created little excitement In the
city yesterday. Large numbers Of working and
persons who had deposited their money in this bank
continued 70 besege the place rom the opening TO the
closing the establishment the cashiers and telers
oces closed TO the public and written notices TO
effect posted the windows and doors of the back
Within the usually busy interior Of the establishment
everything appeared dull dreary except the officers
and clerks who seemed TO look upon bank stoppage
one those pleasant incidents that vary the
routine Of their ordinarily life, and went
moving about their desks and writing in their books
nothing in the world had occurred TO disturb public
oquanimity Not with the bearers Of checks, who
every now and then dropped in expecting to realize
little ready cash. The startling announcement, 1--WE
not paying anything At present. sir" did not strike
their any very harmonious strain, and we saw
several men who walked In very briskly crawl out
very slowly. Many of those who presented checks It
clear did not know anything Of the true state Of
aAs but hearing the sad tidngs they retired with
anything but smiling faces, Others who already knew
The worst stil perseyered in the desperation Of
hope to draw out whatever they had on Deposit but
20 any way. The managers and cashier were in
exorable and every fein, to ako them by surprise failed
produce the desired erea At time an applicant
who had tailed to obtain the cash his check and who
seemed 70 take his disappointment very good part on
coming OF the bank said loud enough to heard by
all around, "wel, am very lucky-I have 90. every
cent Of my money; here's the check for n,-showng
the rejected dra TO bystander The effect electric
i'm mediate dash Of the forlorn hope for the
bank; but wha. the result Of the foray we cannot
ay, although it may well be surmised
One Of the depostors during the day the
seeking payment OF check for four thousand dollars
Re with his dra not honorcd, and instead Of
bewaing his misfortune like many Others he proceeded
Immediately 10 his lawyer took his advice, and subse
qUently sued out the following summons ard complaint
preliminary application for injunction prevent
the bank from going into liquidation =
SUPREME COURT.
SUMMONS A DEMAND CONTRACT.
George Il. Gordon, Plairtif, u.s. The Artisons Bank,
D,tsadan,-To the defendant above named;-You are
hereby summoned and required 70 the complaint
In this action "a copy Of which Ia herewith served you
and serve copy Of your answer on the subscriber a. his
once, No 132 Nassau street, In the city OF New York,
within twenty days after service hereof you In de-
fault thereof the plaintiff win Judgment against
si1Iy one dollars with interest from first day OF
October thousand eight hundred and sixty besides
the costs Ct this action. FRANCIS BYRNE,
Attorney for plaintiff,
No ls2 Nassau street, city Of New York
Dated October q 1880.
GIN. and Counv of Neso rork-The plaintiff above
named oy Frances Byrne his attorney complains OF the
defendant above named, "a shown 70 this Court as fol-
frst The said plaintiff states upon information that
the said defendant before and on the nrst day OF spem
f~.-r hat ana at II
banking corporation created by and under the laws OF
the state Of New York, doing business and having It's
scoondy me said plaintiff states that al various times
between said FIRST day Of September 1850 and the nrs
day Of October, 1890 be deposited with said defendant
divers Of money amounting 70 several thousands OF
collars lawful money Of the United States Of America
which moneys deposited By said plaintiff with said de
epdant The said defendant 81 the time Of the deposit
thereof agreed with said plaintiff pay the said plain
iii his order on demand.
n . a., The :ss sra;, s;ss sns, before
departed with aid defendant four thousand seven hun
drcd and sixty dollars and up yards lawful money Of
said frst day Of October $780, the said plaintiff bad
withdrawn from said defendant assigned, and
justly indebted 70 said plaintiff In said sum Of four thou
sand seven hundred and sixty dollars aud upwards
for moneys shsresofore deposited BY said painti with
ard resived by said defendant 10 ts paid by the said
defendant 70 the said plaintiff on demand.
Fourthy. That the said plaintiff, on the said nrst day
Of October 1890, made and signed his check dram 10
writing, bearing date aid day year directed said
defendant By which the said plaintiff requested and de-
III, ss,a sum oS four ,Sous.nd seven Sup ~ sDd
one do3as and on said day and year n the banking in
ssuion Of The sad defendant in the said city between
the hours Of ten O'Clock In the forenoon and three O'Clock
In the afternoon Of said day viz past two o'clock
IN ne afternoon Of said day and the said plaintiff
and the paying teller OF in sald bank and demand
ed payments Of said Of four thousand hundred
and sixty dollars and said defendant refused "
the same and said sum any part thereof has hlth
erto paid by said defendant 70 the vad plaintiff but
dollars anu interest from October l. 1890 still remains
due and unpad from the said defendant 70 the said plain
tn and above all onses, Deductions, claims and dc
mands OF the said defendant against said plaintiff.
Wherefore the ssd pantn prays Judgment against said
defendant for the said Of four thousand hundred
and sixty doars with interest from said rst day OF
october 1soo and for any other sum may
sasd defendant 10 said plaintiff vita interest," and thai
order be granted declaring said defendant asovent
and that temporary Injunction injunction by order BE-
granted restraining sad defendant and is officers from
raging In any manner transferring delivering
10 any person any money assets OF the said defendant
or mourning any debt until said Injunction order be
vacated modified, and that the officers m the said de-
fendaDi be required 70 exhibit ssy aaa az o. - oooss
cath touching The before one Of the judges Of this
Court be appointed BY him. and that 70
cever Of the property Of said defendant be appointed
and the said plaintiff be paid the amount Of his said
and interest and costs and that be may have such
ossa further order or Judgment 9S rs y ne my
Attorney for plaintiff No 132 Nassau street, New York
Cuy and covny If H,,c Tork.-Gcorge P. Gordon, the
psintn above named, being duly sworn, saith ne has
heard the foregoing complaint read and knows the IN
tents hsreof and that the n true Of hs Know
ledge, 70 the matters which therein stated
70 BE- On information aud belief and As 70 those matters
be believes 70 be true, GEO. r GORDON.
sworn 70 this n day Of October 1890. before ne.
JcHs Brnss, Commissioner Of Deeds
AFFIDAVIT.
Cfis and County Of Nao rovk .-eeorge r. Gordon the
plaintiff above named, being duly sworn, saith he has
heard read the annexed complaint the above entitled
srou lvered BY him) and knows the contents
ara that the true Of his knowledge except a.
20 the matters vh,h therein stated 70 be lnforms
ton and belief and those matters he believes 70
be true and this deponent further saith hat the
PENDANT 10 Justly indebted 70 deponent In the sum Of
A,7e1, and upwards, for awful money o. The United
states Of America deposited by the said plaintiff wiih
said defendant banking institution IN said city,
before and not drawn from said defendant on TOE drst