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Knickerbocker Trust: 1904

Knickerbocker Trust: 1904

New York, 1904. "Knickerbocker Trust Company Building, Fifth Avenue and 34th Street." 8x10 inch dry plate glass negative, Detroit Photographic Company. View full size.

 

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Yes, It is electric

The car in question seems to be a 1903-04 Woods Landaulette.

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Unwise speculation in the price of copper by bank President Charles T. Barney, who was using bank funds in an attempt to corner the market, led to a run on this bank three years later that triggered the Panic of 1907. Barney took his own life a few weeks later, an action that more recent perpetrators of financial malfeasance have simply replaced with a barrage of denials and attorneys.

Neighbours of the Waldorf

at the opposite corner.

The Knickerbocker Trust became a central player in the Panic of 1907, which led to the suicide of its president Charles T. Barney.

Still there, sort of

They took off the top balustrade, added on a bunch of stories and slapped on a facade. Stanford White's beautiful building (look at that frieze!) is under there somewhere.

By the way, can anyone identify that car? Is that an early electric?

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