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The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836. [1] The bank's formal name, according to section 9 of its charter as passed by Congress, was "The President, Directors, and ...
The Old Second National Bank of Aurora was designed by George Grant Elmslie in 1924. The Prairie School style of design was, at this point, already a fading trend. Elmslie was nearing the end of his career and began to accept commissions for commercial buildings. Elmslie recruited sculptor Emil Settler, muralist John W. Norton, and sculptor ...
The Federal Reserve System is the third central banking system in United States history. The First Bank of the United States (1791–1811) and the Second Bank of the United States (1817–1836) each had a 20-year charter. Both banks issued currency, made commercial loans, accepted deposits, purchased securities, maintained multiple branches and ...
The charter of the Second Bank of the United States (B.U.S.) was for 20 years and therefore up for renewal in 1836. Its role as the depository of the federal government's revenues made it a political target of banks chartered by the individual states who objected/envied the B.U.S.'s relationship with the central government.
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April 9, 2024 at 11:11 AM. Two days before the one-year anniversary of the mass shooting at Old National Bank, families of the those killed have a filed a lawsuit. It's the second lawsuit to be ...
Nicholas Biddle. Nicholas Biddle (January 8, 1786 – February 27, 1844) was an American financier who served as the third and last president of the Second Bank of the United States (chartered 1816–1836). [1] Throughout his life Biddle worked as an editor, diplomat, author, and politician who served in both houses of the Pennsylvania state ...
The Bank War was a political struggle that developed over the issue of rechartering the Second Bank of the United States (B.U.S.) during the presidency of Andrew Jackson (1829–1837). The affair resulted in the shutdown of the Bank and its replacement by state banks. The Second Bank of the United States was established as a private ...