(NEW YORK CITY.) First Report of the Bank for Savings in the City of New York.
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Description
(NEW YORK CITY.) First Report of the Bank for Savings in the City of New York. 13 pages. 8vo, stitched; foxing, moderate dampstaining; uncut. New York, 1820 The Bank for Savings in the City of New-York was established in 1819 as New York's first savings bank, advertised as a "bank for the poor." It remained in operation through 1991. This report sets forth the bank's aspirations to care for the finances of tavern-keepers, seamen, clergymen, and other New Yorkers of modest means. It is signed in type by bank president William Bayard Jr., a close associate of Alexander Hamilton. None traced at auction since 1921, when Anderson Galleries described it as "extremely rare." Shaw & Shoemaker 216.
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(NEW YORK CITY.) First Report of the Bank for Savings in the City of New York.
Estimate $500 - $750
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Vice President of Swann Galleries
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