Elizabeth Trust Company - Elizabeth, NJ

Bank Information

Episode Type: Suspension → Reopening
Bank Type: trust company
Start Date: September 8, 1932
Location: Elizabeth, New Jersey (40.664, -74.211)

Metadata

Model: gpt-5-mini
Short Digest: c4931c75

Response Measures

None

Description

OCR in the article is noisy. The item lists banks that have been reorganized and re-opened in New Jersey and explicitly includes First National Bank Merchantville as a re-opened bank. The article does not describe any run or the cause of the original suspension, only that it was among banks closed during the past year and has re-opened.

Events (2)

1. September 8, 1932 Reopening

Newspaper Excerpt: re-openings ... First National Bank Merchantville
Source: newspapers

2. * Suspension

Cause Details: Previously closed during the past year; article does not specify reason for suspension
Newspaper Excerpt: banks closed in New Jersey during the past year ... First National Bank Merchantville
Source: newspapers

Newspaper Articles (1)

1. September 8, 1932 The Record Hackensack, NJ

Article from The Record, September 8, 1932

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Article Text

REVIVED BANKS TO YIELD STATE CASH Jersey Income Jumps As They're ReOrganized. re-openings banks closed in New Jersey during the past year are leasing state the Treasury need adequate revenues for Records of the Treasurer's office has repaid and added to the state's curtailed income The largest deposit affected by closing. held by the Peoples' National Bank and Trust the Elizabeth Trust Company. Reof $330,000 made and payment the balance Approximately $10,000 of deposits totaling in repaid of five banks released The re-openbanks the Freehold Trust First National Bank Merchantville Trust First National Bank Ocean City, the Port Newark National In fifteen closed banks however none which been Among Jersey Nabanks Bank and Trust Company, tional Newark. closed recently, with deposit of $180,000.