Washington Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: May 10, 1898
Location: New York, New York (40.714, -74.006)

Metadata

Model: gpt-5-mini
Short Digest: 84ae888a76864427

Response Measures

None

Description

Article (Richmond Dispatch, 1898-05-10) references Washington Trust Company of New York and names Charles O. Brewster as receiver, indicating the bank had been placed in receivership. The brief court-reporting item does not mention any run or an earlier suspension explicitly, nor any reopening—only a receivership and an appeal. Given presence of a receiver and no reopening mentioned, classify as suspension leading to closure (receivership). Cause of receivership not specified in the article.

Events (1)

1. May 10, 1898 Receivership

Newspaper Excerpt: Washington Trust Company, of the city of New York, and Charles O. Brewster, receiver, appellants, vs. Reymann Brewing Company, appellee.
Source: newspapers

Newspaper Articles (1)

1. May 10, 1898 Richmond Dispatch Richmond, VA

Article from Richmond Dispatch, May 10, 1898

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Article Text

In the United States Court. The United States Appellate Court convened at 10 o'clock yesterday morning, with Judges Simonton. Morris and Brawley on the bench. The court then proceeded to hear argument in Wheeling Bridge and Terminal Railway Company. Washington Trust Company, of the city of New York, and Charles O. Brewster, receiver, appellants, vs. Reymann Brewing Company. appellee. Appeal from the Circuit Court of the United States for the District of West Virginia, at Wheeling. Argued by W. P. Hubbard. Esq. for appellant, and Henry M. Russell, Esq., for appellee, and submitted. Court adjourned until 10 o'clock to-day. The United States Circuit Court will be in session to-day, Judge Waddill presiding.