sentences:  He was indicted in the failure of the Binghamton Trust Company, the Knapp Bros. Bank, and the Outing Publishing Company.Charles J. Knapp was born on June 30, 1845, in Pepacton, New York (the town is now submerged under the Pepacton reservoir) near the town of Deposit, New York.His family moved to Deposit in 1848, where his family owned the Knapp Bank.