10754. Guardian Trust Company (St Louis, MO)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
trust company
Start Date
September 15, 1902
Location
St Louis, Missouri (38.627, -90.198)

Metadata

Model
gpt-5-mini
Short Digest
66380243

Response Measures

None

Description

Articles (dated 1902-09-15/16) report that receivers of the Guardian Trust Company (appointed over a year ago) were discharged by court order and that Arthur E. Stilwell would likely be reinstated as president. No mention of depositor runs; prior event was a receivership (government-appointed). Classified as a suspension (receivership) followed by reopening/resumption.

Events (3)
1. September 15, 1902 Receivership
Newspaper Excerpt
Judge Amos M. Thayer ... granted the petition of the stockholders ... to discharge the receivers of the Guardian Trust company, appointed over a year ago ... It is believed that Mr. Stilwell will be reinstated as president.
Source
newspapers
2. September 15, 1902 Reopening
Newspaper Excerpt
granted the petition of the stockholders representing Arthur E. Stilwell to discharge the receivers of the Guardian Trust company ... It is believed that Mr. Stilwell will be reinstated as president.
Source
newspapers
3. * Other
Newspaper Excerpt
receivers of the Guardian Trust company, appointed over a year ago at the instigation of John W. Gates and his following.
Source
newspapers

Newspaper Articles (5)
1. September 15, 1902 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, September 15, 1902

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Article Text

STILWELL WINS. Beats Gates in Guardian Trust Co. Matter. St. Louis, Sept. 15.-Judge Amos M. Thayer, in the circuit court here today granted the petition of the stockholders representing Arthur E. Stilwell to discharge the receivers of the Guardian Trust company, anpointed over a year ago at the instigation of John W Gates and his following. The supporters of Mr. Stilwell, who at the time the company was thrown into receiver's hands, was president of the company, asserted in their petition to have the receivers discharged that the business could be conducted more economically without them. The Gates contingent opposed the move on the theory that Stilwell desired to merge the Guardian Trust company into the Mexican Trust company which he organized several months ago to finance the Kansas City, Mexico & Orient railway. It is believed that Mr. Stilwell will be reinstated as president.

2. September 15, 1902 Albuquerque Daily Citizen Albuquerque, NM
Article from Albuquerque Daily Citizen, September 15, 1902

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Article Text

Trust Company Receiver. St. Louis, Mo., Sept. 15.-Judge Amos M. Thayer, of the circiut court, today granted the petition of the stockholders representing Arthur E. Stillwell, to discharge the receivers of the Guardian Trust company, appointed over a year ago at the instigation of John W. Gates and his following. It is believed that Stillwell will be reinstated as president.

3. September 15, 1902 Santa Fe New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe New Mexican, September 15, 1902

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Article Text

Receivers Discharged. St. Louis, Mo., Sept. 15.-Judge Amos M. Thayer, in the circuit court today granted the petition of the stockholders representing Arthur E. Stillwell, to discharge the receivers of the Guardian Trust company, appointed over a year ago at the instigation of John W. Gates and his following. It is believed that Stillwell will be reinstated as president.

4. September 15, 1902 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, September 15, 1902

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Article Text

Guardian Trust Co. Affairs. St. Louis, Sept. 15.-Judge Amos M. Thayer. in the circuit court here today, granted the petition of the stockhold. ers representing Arthur E. Stilwell to discharge the receivers of the Guardian Trust company, appointed over a year ago at the instigation of John W. Gates and his fellowing The support. ers of Mr. Stilwell. who at the time the company was thrown into receiver's hands was president of the company, asserted in their petition to have the receivers discharged that the business could be conducted more economically without them. The Gates contingent opposed the move on the theory that Stilwell desired to merge the Guardian Trust company into the Mexican Trust company, which he organized several months ago to finance the Kansas City, Mexico & Orient railway. It is believ. ed that Mr. Stilwell will be reinstated as president.

5. September 16, 1902 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, September 16, 1902

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Article Text

GATES CROWD AGAIN BEATEN Receiver of the Guardian Trust Company Discharged. St. Louis, Sept. 5.-Judge Amos M. Thayer, in the circuit court here today, granted the petition of the stockholders represented by Arthur E. Stilwell to discharge the receivers of the Guardian Trust company, appointed over a year ago at the instigation of John W. Gates and his following. The supporters of Mr. Stilwell, who at the time the company was thrown into receivers' hands was president company, asserted in their petition to have the receivers discharged that the business could be conducted more economically witheut them. The Gates contingent opposed the move, on the theory that Stilwell desired to merge the Guardian Trust company into the Mexican Trust company, which he organized several months ago to finance the Kansas City, Mexico & Orient railway. It is believed that Mr. Stilwell will be reinstated as president.