United States 1854 - Empire City Bank 100 Dollars Proof (Pick NY1585G16P)
The Empire City Bank was organized in 1851 and operated during a highly unstable phase of New York banking history, characterized by aggressive credit expansion and the absence of a central banking authority. In early December 1854 the bank failed to meet its Clearing House obligations and was suspended, with formal receivership following in February 1855. Proof material associated with the bank must therefore predate its suspension, firmly placing this note within the closing chapter of the bank’s active life. Read more →