Brigg's Bank Of Clyde Accounts,1854-1864.

Collection Number: 6037

Division of Rare and Manuscript Collections
Cornell University Library


DESCRIPTIVE SUMMARY

Title:
Brigg's Bank of Clyde accounts, 1854-1864.
Collection Number:
6037
Creator:
Brigg's Bank of Clyde (Clyde, N.Y.)
Quantity:
1 reel microfilm.
Forms of Material:
Microfilm
Repository:
Division of Rare and Manuscript Collections, Cornell University Library
Abstract:
Cash book (1860-1864); a ledger of monthly accounts (1861-1863); and a monthly transaction and account book (1854-1858), the latter covering the years surrounding the bank's incorporation in 1856 in Wayne County.
Language:
Collection material in English


ORGANIZATIONAL HISTORY

The Brigg's Bank of Clyde, Incorporated in 1856 was a capital stock of about $70,000 with Samuel S. Briggs as President, William H. Coffin as a cashier and principal manager with stockholders including Messers Briggs, Coffin, Redfield, and Ketcham. In 1859 bad debts and losses amounted to nearly $50,000, and Mr. Briggs purchased the interests of others and became sole owner. On January 28, 1860 Aaron Griswold purchased a half-interest, which he retained until the death of Mr. Briggs in September 1865 at the time he sold out to Samuel H. Briggs, Who bought up the remaining interests and sold part to W.H. Palmer. In 1866 the bank*s circulation was called in, its securities in possession of the state redeemed, and it was changed into a private bank under the name of Briggs & Palmer.

COLLECTION DESCRIPTION

This collection consists of an incomplete series of one cash book (April 1860-64), one ledger of monthly accounts (February l86l-l863), and one volume of monthly transactions and accounts (October 1854-58).
SUBJECTS

Names:
Brigg's Bank of Clyde (Clyde, N.Y.)

Subjects:
Banks and banking--New York (State)--Clyde.
Banks and banking--Accounting.

Places:
Wayne County (N.Y.)--History, Local.
Clyde (N.Y.)--History, Local.

Form and Genre Terms:
Accounts.


INFORMATION FOR USERS

Cite As:
Brigg's Bank of Clyde accounts, #6037. Division of Rare and Manuscript Collections, Cornell University Library.

CONTAINER LIST

Container
Description
Item #1
S.S. Briggs Cash Book, April 24, 1860 - October 1864 , lists date, name, transaction and amount for each entry. Unpaginated.
Item #2
Ledger of monthly accounts, February 1861-1863 , lists accounts, mainly with other banks. 6l6 pp.
Item #3
Banks monthly transactions and accounts October 16, 1854-1858 . 407 pp.