New York Supreme Court January 15, 1908 (People v. Hamilton Bank)

Betts, J.

On the 23d and 24th days of October, 1907, and for several days prior thereto there was great financial unrest in Hew York and other cities and many banking institutions and trust companies were forced to close their doors after a run of more or less length and severity, many of them for the reason that the officers thereof were unable to obtain sufficient currency to meet the demands