Notes:State Way
1896-09-15: Source:Ordinance-held-up: "An ordinance changing the name of Mahogany alley to State street was passed. It was explained that a fine building was going up at the corner of the alley and Laurel st., to be occupied by the State bank, and it was thought the thoroughfare should have a more dignified name."
State Bank of Pittsburg
1896-06-05: "New bank building," Pittsburg Press, p. 10 (Newspapers.com 141575915): "Ground has been purchased for a new bank building on Liberty avenue, near Edmond street. The bank will be called the State Bank of Pittsburg, and architects are now at work on the plans. Some dissatisfaction has arisen on account of the site chosen. Business men on Penn avenue claim that the bank will be in a residence district and should have been situated nearer Penn avenue."
1896-06-18: Pittsburg Press
- "Financial," p. 10 (Newspapers.com 141576793): "Application will be made on September 28 for a charter for the State Bank of Pittsburg, which is to be located on Liberty avenue, Sixteenth ward. The applying incorporators are Dr. Thomas F. Kirk, John H. Armstrong and Willard E. McCarthy. The capital of the bank will be $50,000."
- p. 12 (Newspapers.com 141576803): "Murphy & Hosack, Attorneys, Carnegie building. ¶ NOTICE IS HEREBY GIVEN THAT the undersigned will, on the 28th day of September, A. D. 1896, make application to his excellency the governor of the commonwealth of Pennsylvania, under the provisions of an act of the general assembly of the commonwealth of Pennsylvania, approved the 13th day of May, 1876, entitled 'An act for the incorporation and regulation of banks of discount and deposity,' and supplements, for the incorporation of an intended corporation, the name and style of which shall be the 'State Bank of Pittsburg,' to be located on Liberty avenue, Pittsburg, the object of which is to enable the persons named to form a corporation for banking purposes under said act, the capital stock to be fifty thousand dollars, divided into one thousand shares of fifty dollars each, and for these purposes to exercise and enjoy all the rights and privileges granted by said act of assembly to associations organized under it. THOMAS F. KIRK, M. D.; JOHN H. ARMSTRONG, WILLARD E. McCARTHY. 618jpa"
1896-06-23: "Real estate and building," Pittsburg Post, p. 7 (Newspapers.com 86399655): "The State bank of Pittsburg has decided to erect a new bank building on Liberty avenue, and are now having plans drawn by Architects Bartberger & East. The new building will be brick, with a handsome stone front."
1896-07-02: "In the local land market," Pittsburg Post, p. 7 (Newspapers.com 86400643): "New Bank Building. ¶ Still another good sale which is said to be practically closed is that of two lots in the Gross property on Liberty avenue, near Gross street. Thomas MacConnell has an interest in the land and is credited with the sale. The price was $175 a foot. The purchaser is supposed to have secured the land for a new bank building, which the State bank of Pittsburg is preparing to build on the avenue. They now have plans in the process of formation by Architects Bartberger & East. They call for an elegant three-story structure with stone front and brick back walls."
1896-09-08: Source:New-bank-starting: "The State bank of Pittsburg is another financial institution about to be started. A handsome building to cost $10,000, is in course of erection at Liberty avenue and Mahogany alley. The company will apply for a charter at Harrisburg September 28. The incorporators are Councilman J. H. Armstrong, Willard E. McCarthy and Dr. Thomas J. Kirk. The capital stock is $50,000."
1896-11-15: "A new bank," Pittsburg Press, p. 2 (Newspapers.com 141580115): "The new state bank of Pittsburg, with a capital stock of $50,000, will open its doors for business on December 1. The following officers have been elected to serve: William E. McCarthy, president; J. E. Espey, vice president; Jacob B. Negley, cashier; H. H. Clar, Jr., teller; William Loeffler, bookkeeper. The directors are: J. H. Armstrong, Dr. H. H. Clark, Sr. William Loeffler, Sr., Thomas J. Williams, Dr. J. E. Espey, Dr. T. T. Kirk, Samuel C. Pierce, D. E. Harigan and William E. McCarthy. The new bank which is a handsome one-story structure, was erected on the corner of State street and Liberty avenue at a cost of $12,000. The stock has all been subscribed for."
1896-11-18: "One admits his mistake," Pittsburg Post, p. 7 (Newspapers.com 86484695): "Mathilda G. MacConnell has sold to the State bank of Pittsburg a lot 20 × 92, on Liberty street, near Mahogany alley, in the Sixteenth ward, for $3,500."
1896-12-02: "The local stock market," Pittsburg Post, p. 7 (Newspapers.com 86485239): "A new bank was expected to open in Bloomfield this morning, but owing to the failure of the contractors to complete the building the opening had to be postponed. The new institution is to be known as the State Bank of Pittsburg, and will be located at the corner of Liberty avenue and State alley. The building is a two-story brick structure, with stone trimmings. The following is a list of the directors and officers of the new establishment: President, William E. McCarthy, a druggist; vice-president, J. S. Espy; cashier, J. B. Negley; directors, J. H. Armstrong, Dr. H. H. Clark, Dr. J. S. Espy, D. E. Horigan, Dr. T. T. Kirk, John Loeffler, Sr., William E. McCarthy, Samuel Pearce, T. J. Williams. The board of directors will hold a meeting at McCarthy's drugstore on Liberty avenue to decide definitely on the opening date."
1896-12-11: Source:Local-stock-market-1896-12-11: "The new State Bank of Pittsburg, 4740 Liberty avenue, will open its doors for its inaugural reception next Saturday afternoon. The house will be formally open for business the following Tuesday. W. E. McCarthy is president; J. S. Espy, vice, and J. B. Negley, cashier."
1904-02-13
- "State Bank closed doors," Pittsburg Press, p. 1 (Newspapers.com 141823014)
- "Traders' gossip," Pittsburg Press, p. 11 (Newspapers.com 141823176): "The failure of the State Bank of Pittsburg, which had a capital of $50,000, was announced at the Pittsburg Clearing House this morning, but the suspension caused little surprise or comment. Bad loans was given as the immediate cause of the embarrassment."
1904-02-14
- "Receiver for State Bank," Pittsburg Post, p. 7 (Newspapers.com 86402536)
- "A state bank closed doors," Pittsburg Press, p. 15 (Newspapers.com 141823445)
2004-02-13: Rick Nowlin, "On this date," Pittsburgh Post-Gazette, Almanac, p. A-2 (Newspapers.com 90812090): "One hundred years ago (Saturday, Feb. 13, 1904) ¶ ■ The failed State Bank of Pittsburg on Liberty Avenue in Bloomfield was placed in the hands of a receiver and closed. The failure was blamed on bad loans."
After the State Bank
1904-04-01: "Receiver Steel sells property for $20,000: New Metropolitan Trust Company will take home of closed State bank," Pittsburgh Gazette, p. 11 (Newspapers.com 86225368): "Receiver John F. Steel has sold the property of the closed State bank at 4740 Liberty to interests identified with the present Metropolitan bank, Forty-third and Butler streets. The price realized for the bank property is $20,000, which is admittedly an excellent one. ¶ The sale means that a new bank is to be started. It will be known as the Metropolitan Trust Company and will be allied to the present Metropolitan bank, of which John Runnette is president. A charter has been applied for and the property will be occupied as soon as the new bank can be organized in detail. ¶ Receiver Steel said last evening that the affairs of the State bank are being wound up as fast as is consistent with obtaining the best results. The big tract of Washington county coal land, which is the bank's principal possession, is still on his hands, but several offers are said to be under advisement. The property lies between Burgettstown on the Panhandle and Pattersons Mills on the Wabash, 29 miles from Pittsburgh. ¶ Just what the depositors will receive cannot be told as yet. It is certain, however, that they will realize over 50 cents on the dollar. The committee representing them and the receiver are working together very satisfactorily."
1904-05-12: "Traders' gossip," Pittsburg Press, p. 16 (Newspapers.com 141845952): "John J. Dauer has been elected secretary and treasurer of the Metropolitan Trust Co., which will begin business on or before June 1 in the bank building formerly occupied by the State Bank of Pittsburg. Mr. Dauer at present is secretary and treasurer of the Hilltop Savings Co. The Metropolitan Trust Co. is owned by the interests that control the Metropolitan National Bank. Besides the regular banking department there will be a real estate department, foreign department and a special room set apart for ladies. The new building of the Metropolitan National Bank, Butler street, will be completed about June 1. Both institutions have the same board of directors: President, John Runnette; vice presidents, C. P. Tiers and Henry Daub; directors, J. H. Sawyer, P. C. Byrne, George W. Irwin, C. L. Flaccus, Dr. M. C. Cameron, C. P. Tiers and Robert Ostermaier."
2025-11-27: Shaylah Brown, "5 hidden thrifting gems to address your shopping list," Pittsburgh Post-Gazette, pp. GG-42, GG-43: "Owner Josh Fedorski, a North Side native, opened Clothes Minded in Bloomfield in June 2012."
