1858 Bank of Pennsylvania Panic of 1857 Report + Tanner Engraved Bank Check For Sale

A striking piece of Philadelphia financial history issued in the immediate aftermath of the Panic of 1857 and the collapse of the Bank of Pennsylvania.Presented to stockholders at the annual meeting of February 1, 1858, the report lays out the deeply troubled condition of the institution and the difficult question of how its remaining affairs should be settled.Following the directors’ report is “An Act Relative to the Bank of Pennsylvania,” providing for assignment of the bank’s property for the benefit of creditors and authorizing sale of its charter and possible reorganization as the Bank of the State of Pennsylvania.Tipped into the pamphlet is an earlier blank Bank of Pennsylvania engraved check with attached stub, printed by B. Tanner’s Stereograph, Philadelphia. The check includes a vignette of the bank’s celebrated South Second Street building, designed by Benjamin Henry Latrobe and built from 1798 to 1801, an important landmark in the development of Greek Revival architecture in the United States.From the Library Company of Philadelphia, with institutional blind stamp, catalog markings, and accompanying manuscript catalog card.Edition DetailsAuthor: Bank of Pennsylvania, Board of Directors
Title: Report of the Board of Directors of the Bank of Pennsylvania to the Stockholders, at Their Annual Meeting, February 1, 1858
Publisher: C. Sherman & Son, Printers
Place: Philadelphia
Date: 1858
Edition/Issue: Report presented at the annual meeting of February 1, 1858
Format: Pamphlet
Binding: Original printed wrappers, stitched
Pagination: 16 pp.; directors’ report pp. 1–13, followed by An Act Relative to the Bank of Pennsylvania, pp. 14–16
Illustrations: Earlier engraved blank Bank of Pennsylvania check with attached stub, tipped in; printed by B. Tanner’s Stereograph, Philadelphia, with vignette of Benjamin Henry Latrobe’s Bank of Pennsylvania buildingConditionPrinted wrappers show age toning, handling soil, staining, and wear along the spine and edges, with old manuscript and institutional catalog markings. Stitching and spine edge show wear but the pamphlet remains together. Interior leaves are substantially cleaner, with light toning, occasional spotting, and minor handling wear. The tipped-in blank check shows toning, folds, and expected handling wear.Please see photographs for the best description of condition.ShippingItem will be shipped fully insured with signature required upon receipt.