New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-12-24

-, N. .ame year. Robert q. Patti
.or WAS ,ts first president. assuming tho onie'
-, ha retired from the Governorship' "he"
I.oo,r bacame Governor. in 1871. MI oihscii'
.ucoeeded him. The present omcers anu u
ar. NJ the bank are: William NJ oin6e'i'' p-'
a.nt. Isaac Cooper ce-president; DehJ"
ondvke BENJAMIN A. Van Schaich. 'oi'i o
r,ors Charles A. Porter, Walter l. braoiey a-'N
George J. Ziegler. jr. directors W. W. I.o'
.,,,, ,e,Ier. William Steele. cashier anu D. =
Reardon. notary public c...r+
Tho officers and directors OF 'he Nie''
street Trust and Saving Fund company aie
william NJ Singerly. president Isaac Noope.
v,ce.nresident; Irwin c. GarvericK seCae'ai' aNN
treasurer: H. G. Hart, title officer Inc ui'
ara william NJ. Singerly. Isaac Cooper De"'aal''
p. Opdyke. benjamin A. Van SchaicA, Jun.
nors Allen B. Rorke, Charles A. Porter anu
Walter T. Bradley
SOME OF THE DEPosIToRs.
Among the depositors Of the Chesthu'
Rank was the Teachers Annuity anu al" 49,
cation and Pension Fund, which mas ASST y.
hs,veen $4,000 and S1S0,OOO. state liea 80
HAYWOOD has an account In the pahh u *
600 The last Legislature passed Id" -,
,nS the state Treasurer OF personal respoA'
ity for deposits. but unfortunately ioi .l' 49,.
ent incumbent, the law UoeS -0N o
until the expiration Of his term ",
v.stersav Mr.. McClein, the Collector OF In
..rraI revenue. deposited $4,000 in the oanK
ord N. nostoffics deposited $4,000. Inc receipt
o. IN. 500 600 had not reached the treasury
recruitment before the bank closed us ooois'
m. rairmount Park Commission had deposit
a. thu trust company Of nearly $6O,OOO' ana an
otber q, ST 200 In the bank. The city mas -
Ssnos,t OF nearly 100000. The Ponce fehsioii
Fund was also In the bank c,.,, 1>ruat
CharIes NJ Swain president OF the City AIus.
.nd Safe Deposit Company. said that there was
no connection OF any Importance wnate.I CIn
tween that institution and any OF Coio. ne 81
sar,y,s snterprses Mr.. Swain exhiDiteu the uoi
once ledger OF the City Trust Company; sno"!us
that the exact amount OF It's oeposlt ia ra
Chestnut Street National Bank TINS oin asnosit
81. SO1 rs while the City TRUSTS caSn oeeSed
Snnd available from other sources exGeeueu
s6o0 600 The out of-town banks Will. II Is pre-
eum4d, be heavy losers
MANY RUMoRs AFLoAT.
Al usual on such occasions. there was ho ,"NN
OF rumors floating around. but rev Oh 'ne
could be confirmed. One. however "hic" i'u1U
n good deal Of credence. especially anlois '"e
denos,tors was to the effect that the Wioener
Ilk,ns syndicate had purchased "The fhiiaue'
nb,a Record" for 81 10000 but this Mr.. singer.
~ denied, as being without an. o.aniais Of the
Third National Bank. the Boston correspo n,n
Of the Chestnut Street Bank, say that the fniIa
Se,nhia institution mas sufficient balances 'nea.
to cover any outstanding liabilities. ana una
none Of the Boston banks Will lose anything oA
account Of the failure. ~. No
The New-York correspondents are the Ma,
%,onal Bank of the Republic and the SeanoarI
National c. H. Stout. cashier OF the Eatio.a h
rank of the Republic. is quoted In dspalcn
es saving that the bank was not worryln? aoout
+he failure but he declined to say whether tne
Saued bank owed his concern anything OF nV,'
and said he did not know the cause OF the ia W
Mre Stuart G.. Nelson, vice-president OF tne
Seahoard National Bank. said that the Cnesthu.
Street National Bank had balance 10 lts cfeo'
An the sea aboard Bank. and did not owe the ia'-
ter bank a dollar. A., ,.. o.
state Treasurer Haywood was in the CITY 70
aav. He said he did not see how the State
could lose one cent. you know am Response,
Sis for nv losses under such circumstances.
ne said. 1.-THE money will not necessarily come
mt az my pocket The bank officials gave me a
bond. and az the signers Of that Dond are an
renutable business men. they will, OF course
make good any loss They will indenhI! me
In case the bank Is unable to refund the states
money.
LAST REPORTS OF THE BANKS
Til. last report of the condition Of the Chestnut
Street National Bank made october o. 1884,