A history of the Bank of New York

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Framed Print of A history of the Bank of New York

A history of the Bank of New York, 1784-1884. ture was described at the time as builtin the Italian style, of Little Falls brown stone andPhiladelphia brick. The banking-room is fifty-eightfeet long, thirty-five feet wide, and twenty-six feethigh, occupying, two stories in the central and rearpart of the building. The ceiling and walls, and thewhole fitting-up of the interior compare favorably withthe elegance of the exterior, and the room is lightedon the east side, where it adjoins the present AmericanExchange Bank, by glazed panels in the ceiling. Thefront part of the building on Wall Str. A history of the Bank of New York, 1784-1884. ture was described at the time as builtin the Italian style, of Little Falls brown stone andPhiladelphia brick. The banking-room is fifty-eightfeet long, thirty-five feet wide, and twenty-six feethigh, occupying, two stories in the central and rearpart of the building. The ceiling and walls, and thewhole fitting-up of the interior compare favorably withthe elegance of the exterior, and the room is lightedon the east side, where it adjoins the present AmericanExchange Bank, by glazed panels in the ceiling. Thefront part of the building on Wall Street and theupper stories are intended for offices, and the wholeis constructed with iron beams and concrete, so as tobe completely fire-proof. By a novel and ingeniousarrangement an abundance of light was given to theupper story, and the bank was thus enabled to let thatpart of the building to the Clearing-House for a num-ber of years. So well satisfied were the directors with the building, that, at a meeting of the Board, it was resolved, that. THE liANK OK NEW YORK, 1S79. THE BANK OF NEW YORK. 95 the consummate skill exhibited by the architect, Mr.Calvert Vaux, in the erection of the new banking-house, deserves more than the mere acknowledgmentthat the Board have been most fortunate in the selec-tion of a comparative stranger to do the work, andan addition of $i, 5oo was made to the sum alreadypaid for his services. The old clock, which for more than sixty years hadkept time in the bank, was presented to the NewYork Historical Society, and was received as a giftpossessing peculiar historic interest. In 1858, the bank was again deprived by death ofthe services of one of its Presidents. John Oothout, whohad filled the office for fifteen years, died on the 29thof January. Mr. Oothout was born in the city of NewYork in 1789. He received his business education inthe office of Robert Lenox, one of the most prominentmerchants of that time. After the death of his fatherhe left Mr. Leno. © Reading Room 2020

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