. A history of the Bank of New York, 1784-1884. the establishment ofMessrs. Harper Brothers, imagined that it had beenone of the elegant mansions of Colonial times. The bank continued to occupy a part of this buildinguntil 1787, when it removed to No. 11 Hanover Square,where the Cotton Exchange now stands. This propertywas bought for five thousand pounds, New York cur-rency. The cashier, Mr. Seton, lived for a time in thebuilding. At the annual meeting held on the 9th of May, i785,Jeremiah Wadsworth was elected President, and thefollowing gentlemen, directors. Nicholas Low, Thomas Stoughton, J
. A history of the Bank of New York, 1784-1884. the establishment ofMessrs. Harper Brothers, imagined that it had beenone of the elegant mansions of Colonial times. The bank continued to occupy a part of this buildinguntil 1787, when it removed to No. 11 Hanover Square,where the Cotton Exchange now stands. This propertywas bought for five thousand pounds, New York cur-rency. The cashier, Mr. Seton, lived for a time in thebuilding. At the annual meeting held on the 9th of May, i785,Jeremiah Wadsworth was elected President, and thefollowing gentlemen, directors. Nicholas Low, Thomas Stoughton, James McCormick, Alexander Hamilton, Samuel Franklin, Isaac Roosevelt, Thomas Randall, Comfort Sands, Robert Bowne, Joshua Waddington, William Maxwell, John Vanderbilt. Mr. Wadsworth was the friend to whom referenceis made in Alexander Hamiltons letter of March 10,1784. His connection with the bank terminated withthe official year. Gen. McDougal, who declined a re-election, died onthe 9th of June, 1786, and the following tribute to his •»:^. THE WALTON HOUSE, IN WHICH THE BANK OF NEW YORKCOMMENCED BUSINESS, JUNE g, I784. (By permission of Harper it Brothers.) THE BANK OF NEW YORK. 29 memory was published in the New York Packet ofthe 12 th: In the death of this gentleman, his family lost an affec-tionate head, his friends a warm and steady friend, and hiscountry a citizen—the dearest object of whose latestmoments was the PubHc Good. A republican by natureand habit, his life has been distinguished by many conspicu-ous proofs of an ardent and pure attachment to the princi-ples of liberty. * * * He espoused the cause of Americanliberty in adversity, and was constant to her in all the vicis-situdes of her fortune. At the earliest period of the contesthe stood foremost, a mark for the indignation of offendedpower, and in the progress of that contest was ever readyin the field or in the Senate to brave its utmost resentment. The first dividend made by the bank of which thereis any
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Keywords: ., bookcentury1800, bookde, booksubjectbanksandbanking, bookyear1884
