Bank of the United States (Baltimore, Md.) Records 1795-1855 (bulk 1816-1846)

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Bank of the United States (Baltimore, Md.) Records 1795-1855 (bulk 1816-1846)

Records of the Congressionally-chartered commercial bank charged with central bank responsibilities for the United States and of its successor, the Merchants’ Bank of Baltimore. Correspondence and banking and legal records highlighting the business of the bank both as a Congressionally-chartered institution and as a state-chartered bank.

100 items; 6 containers; 2.2 linear feet

eng,

Related Entities

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Bank of the United States (1791-1811)

http://n2t.net/ark:/99166/w62v6n40 (corporateBody)

Bank of the United States (1816-1836)

http://n2t.net/ark:/99166/w6gn209h (corporateBody)

In 1816, the Bank of the United States was rechartered, the first charter having expired in 1811, in an attempt to stabilize the national currency. Within the first three years, the bank was nearly ruined due to mismanagement. Langdon Cheves was elected president of its board of directors in 1819 and restored the bank's credit. In 1822, he resigned the post and was succeeded by Nicholas Biddle. The national charter for the bank expired in 1836, but Biddle kept the bank in operation until 1841, u...

Merchants' Bank of Baltimore (Baltimore, Md.)

http://n2t.net/ark:/99166/w6zq03j5 (corporateBody)

Bank of the United States (Baltimore, Md.)

http://n2t.net/ark:/99166/w6w72h25 (corporateBody)

Congressionally-chartered as a branch of the Bank of the United States in 1792; continued under a charter from the State of New York after the charter of the Bank of the United States expired in 1811; chartered anew as the Baltimore branch of the second Bank of the United States in 1816; Merchants' Bank of Baltimore assumed the business of the Baltimore branch after the expiration of the charter of the Second Bank of the United States in 1836. From the description of Bank of the Unit...