1544. Cheshire Bank & Trust Company (Cheshire, CT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
October 1, 1931
Location
Cheshire, Connecticut (41.499, -72.901)

Metadata

Model
gpt-5-mini
Short Digest
81778b44

Response Measures

None

Description

Newspaper items report the state banking commissioner / superior court naming Second National Bank of New Haven as temporary receiver (Oct 1, 1931). Subsequent 1932 articles describe the Cheshire Bank & Trust as having 'closed about a year ago' and discuss receiver actions and dividend checks. No article describes a depositor run; the bank was placed in receivership by court/state action and remained closed.

Events (4)
1. October 1, 1931 Receivership
Newspaper Excerpt
named Second National bank of New Haven the temporary receiver the Cheshire Bank and Trust Co. Louis Heminway, trust officer of the Haven bank, announced officials of bank would try have report on assets and liabilities of the local bank within two three days.
Source
newspapers
2. October 1, 1931 Suspension
Cause
Government Action
Cause Details
State banking commissioner's office petitioned the superior court and a judge named a temporary receiver; bank closed and placed in receivership by court order.
Newspaper Excerpt
Judge Ernest Inglis has granted the request the state banking office... named Second National bank of New Haven the temporary receiver the Cheshire Bank and Trust Co.
Source
newspapers
3. April 1, 1932 Other
Newspaper Excerpt
CHECKS ON CHESHIRE BANK ARE BEING CASHED HERE ... Second National Bank of New Haven, receiver for the Cheshire Bank & Trust Co which closed about a year ago. The checks were sent out to depositors ... representing dividend payments.
Source
newspapers
4. June 13, 1932 Other
Newspaper Excerpt
Receivership Fees ... Judge John Booth ... allowed the payment of the Second National Bank ... for the receiver ... counsel for the receiver, depositors represented ... asked that the fees be reduced.
Source
newspapers

Newspaper Articles (6)
1. October 1, 1931 The Journal Meriden, CT
Article from The Journal, October 1, 1931

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Article Text

NEWS OF CHESHIRE AND ITS PEOPLE D. Meeting in Windsor Miss Smith Main street: represented Lady Fenwick in Windsor the annual meeting of chapter Re gents, state officers. chairmen and councilors Connecticut Daughters of the American Revolution the Ellsworth homestead in Windsor. Of the 54 chapters in Con necticut, were represented at meeting. Reports showed an in crease membership during the year. More than 3,600 manuals 19 languages aid foreigners the customs of the United States have been in the last six Ms. Cook Hill Regena of Lady Fenwick chapter was unable to attend the meeting. Grange Fair Postponed The Grange Fair scheduled to held October has been indefinite postponed. Present conditions financially made doing so seem advisable. The committee in charge will put stage entertainment the regular meeting on the same date. Bank Receiver Named Judge Ernest Inglis has granted the request the state banking office. the supe rior court Waterbury and named National bank of New Haven the temporary receiver the Cheshire Bank and Trust Co. Louis Heminway, trust officer of the New Haven the officials of bank would try have report on the assets and liabilities of the local bank within two or three days. Because of the need of funds deposited the bank. the depositors hope the audit will not be long delayed. Notes. The proposed amendments to the Constitution relative to absentee voting and the assistant town clerk qualifications voters will be brought up Monday at the town when the asked consider and signify ballot their decision. Mrs. Irene Mathews is critically the of Mrs. Tilton Munson on Cornwall avenue Mr. Robert Small of South Cheshire attended the fair Middletown recently Postmaster Fred Griffin attended the Guilford Fair yesterday. He had dahlia display there. Mrs M. Peasley and daughters, the Misses Marion and Harriet, Maple avenue have returned from Montreal. Quebec and Rangeley, Maine. Miss Mena Bates of Wallingford has been calling on friends in town. Contractor Jerry Shea who was the lowest bidder about two weeks ago for work the dirt road in Montville, has been awarded the contract. The project calls for over 7.00 feet gravel surface road. Shea has bids submitted for other work about the state. line because you need more base plugs. experienced electrician's service cheapest and safest in the end. Always proper fuses. Disconnect all electrical devices when "Dispose of matches and smoking materials carefully "Gasoline and other volatile liquids are dangerous cleaning fluids. Use only safe "Look for gas leaks with flashlight-never use flame light Soap suds applied the place will reveal the leak by bubcellings and partitions should be shielded from stoves. furnaces and only fire-resistive materials and leave open places back of walls when building or remodeling structure "Open fireplaces should always be screened and gas lights turned off tightly when not in metal cans for ashes. "Learn where the nearest fire alarm box located and what in case fire. "Remember what Benjamin Franklin once said, 'An ounce prevention worth pound of cure.' That goes for fire,

2. October 1, 1931 The Journal Meriden, CT
Article from The Journal, October 1, 1931

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Article Text

NEWS OF CHESHIRE AND ITS PEOPLE R. Meeting in Windsor Miss Nettle Smith of Main street, represented Lady Fenwick chapter in Windsor yesterday the annual meeting chapter Re gents, officers. chairmen councilors Daughters the Revolution the Windsor. Of the 54 chapters in Con necticut, 52 were represented meeting Reports showed an crease membership during the past year. More than 3,600 manuals 19 languages aid foreigners to understand the and customs the United States have been distributed in the last months. Ms. Emerson Leonard Cook Hill. Regena of Lady Fenwick chapter was unable to attend the meeting. Grange Fair Postponed The Grange held October has been indefinite postponed. Present conditions financially made doing advisable. The charge will put stage regular meeting on the same date. Bank Receiver Named Judge Ernest Inglis has granted the request the state banking commissioner's office, in the supe rior court Waterbury and named Second National bank of New Haven the temporary receiver the Cheshire Bank and Trust Co. Louis Heminway, trust officer of the Haven bank, announced officials of bank would try have report on assets and liabilities of the local bank within two three days. Because of need of funds deposited in the the hope the audit will not be long delayed. The proposed amendments to the relative voting and the assistant clerk qualifications of voters will be brought up Monday at the town when the voters asked consider and signify ballot their decision. Mrs. Irene Mathews is critically the home Mrs. Tilton Munson on Cornwall avenue. Mr. and Mrs. Robert Small South attended the fair Middletown recently. Postmaster Fred Griffin attended the Guilford Fair yesterday. He had dahlia display there. line because you need more base plugs. An experienced electrician's service and safest in the end. Always use proper fuses. Disconnect all electrical devices when use. 'Dispose of matches and smoking materials and other volatile liq. uids are cleaning fluids. Use only safe "Look for gas leaks with flashlight. Soap suds applied 'Suspected' place will reveal the leak by bub"Walls, cellings and partitions should be shielded from stoves, furnaces and pipes. "Use only fire-resistive materials and leave no open places back of walls when building or remodeling structure. "Open fireplaces should always screened and gas lights turned off tightly when not in metal cans for ashes. "Learn where nearest fire alarm box located what to do in case fire. what Benjamin Franklin 'An ounce of worth pound of cure.' That goes for too.

3. October 3, 1931 The Journal Meriden, CT
Article from The Journal, October 3, 1931

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Article Text

NEWS OF CHESHIRE AND ITS PEOPLE James Fox Bound O.er. In an automobile accident on the College Highway South Main street last July James Fox of New Haven forced operated by James Lawler of Forestville, going the opposite direction. the highway, striking telegraph pole. Lawler's mother. passenger in the injured taken to Mary's where died weeks Other the car escaped injury. car was wrecked. At the time the accident Fox tried get away but Constable Leslie Hubbell gave chase and rested Hamden, and he charged with reckless driving and evading responsibility. this week local court, before Justice Graham Hitchcock. Fox pleade not guilty to the charge auto but after hearing the evidence, probable cause was found bind him over to the Superior court. Attorney Luke Stapleton sisted Grand Juror Richard Williams in prosecuting the case. Aid in Bank Audit. The Second National bank offireceivers of Cheshire Bank and Trust company, have appointed Havens Bowditch, president the bank to be the bank each day from receive payments due the bank. This step has been taken to facilitate the work of the receivers. Birthday Dinner. Mr. and Mrs. George Foster gave dinner recently honor of the birthday of their son Dana. Those who attended were Mr. and Mrs. William Foster, Harold Parks, Jul- ius Humiston, Albert Dickinson Dana Foster. Miss Marion Parsons, and Mrs. George Foster evening was spent playing bridge. Mr. Foster received many gifts. The New Haven County Farm/ have calendars ready and this they will free whomever will agree send month record the eggs laid and the number birds. While unloading truckload of horses last night Fuller's academy, valuable horse slipped and broke his leg and had to shot. Fred Griffin received four red ribthe Guilford Fair this week from his display of dahlias. Mr. and Mrs. John Tice of West Main street, and their son, Richard spending week-end with Mrs. Tice's sister. Mrs. Morse and Mrs. Morse in Cambridge, Mass Rudyard Wilson and John Hastie included the list of given out the Hastie junior and Wilson sophomore. graduates Hillhouse high school New Haven and won honors there. The October meeting of Lady chapter, will held Tuesday, October Miss Mary Louise Pardee New Haven will the guest speaker, the subto Island." Contributions will be received for Ellis Island at this meeting.

4. April 1, 1932 The Waterbury Democrat Waterbury, CT
Article from The Waterbury Democrat, April 1, 1932

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Article Text

Secretary Of The Treasury Mills Has Asked For $165,000,000 More Before Budget Could Be Balanced Acting Chairman Crisp Said Additional They Framed Substitute For Sales Tax Bill Levies Could Be Secured But He Believed the Treasury Was Playing Politics The Treasury Department CHECKS ON CHESHIRE Has Revised Already BANK ARE BEING Some of Its Own EstiCASHED HERE mates and Could Save Local banks since yesterday Many More Millions If have been cashing checks drawn on the Second National It Wished - Vote on Bank of New Haven, receiver for the Cheshire Bank & Trust Bill Expected To-day Co which closed about a year ago. The checks were sent out By PAUL R. MALLON to depositors in the savings and (United Press Staff Correspondent) commercial departments of the Washington, April 1-(UP)Cheshire bank. representing The house ways and means comdividend payments. The receivmittee to-day voted to subject diver declared a 50 per cent diviidend payments to the normal rate dend on savings accounts and 25 of taxes, raising $80,000,000 in adper cent on commercial. The ditional revenue. checks were mailed out WedThe committee took this drastic nesday and some of them made action after being informed by their entrance to Waterbury Secretary of Treasury Mills that yesterday. A number of Water the revenue bill as it now stands bury residents were included is $165,000,000 short of balancing among the depositors in the the budget. Members of congress who devised the new sales tax on certain articles such as cosmetics, matches, Cheshire bank who received The new tax will be presented their checks. radios, chewing gum and automobiles, as a substitute for the proposed general 2 1-4 sales tax on all manufactured products. are shown here. These men. constituting a sub-committee. are. left to right: to the house in the form of a com-

5. April 1, 1932 The Waterbury Democrat Waterbury, CT
Article from The Waterbury Democrat, April 1, 1932

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Article Text

CHECKS ON CHESHIRE BANK ARE BEING CASHED HERE Local banks since yesterday have been cashing checks drawn on the Second National Bank of New Haven, receiver for the Cheshire Bank & Trust Co which closed about year ago. The checks were sent out to depositors in the savings and commercial departments of the Cheshire bank. representing dividend payments. The receiver declared a 50 per cent dividend on ings accounts and 25 per commercial. The checks were mailed out Wednesday and some of them made their entrance to Waterbury yesterday A number of Water bury residents were included among the depositors in the Cheshire bank who received their checks.

6. June 13, 1932 The Journal Meriden, CT
Article from The Journal, June 13, 1932

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Article Text

NEWS OF CHESHIRE AND ITS PEOPLE Receivership Fees of decision memorandum handed down Friday. Judge John Booth the Superior Richards Court allowed the payment of the Second National Bank. the sante amount to receiver. for the receiver. the matter Cheshire Bank and Trust company. The receiver counsel $3,500 which each sought jected to by the depositors the last calendar mittee Frederick Wiggin the session. counsel for the receiver. depo sitors represented Stapleton Cheshire. Luke claimed that thought the fees and asked court too high them $2,500. Judge Booth reduce stated that would that time mater under advisement. Judge Booth stated In his decision that he did not the the said that ableness applied against the would which be allow final payment ed in the future. Childrens Day Exercises The following Childrens Day pro was the Congrega church. Processional. Happy Voices." all: Psalm. Miss Davis' Hymn, Thank Thee. Oh Father." prayer, King: Baptism, when the Betty lowing baptised. Will Albert Griggs Myrtle Lohman. Barbara Buckland. Richard Allison Myron Verner, Har Yocher. Richard Beach maghin. Ellen Hubbell Russell Miller Wheeler Dorothy Ann Wulff. John Jepson bert Asa Harold Elsworth Peck. Ernest Gustaf Voos, RoseVoos. Frederick William Jeanette Hotchkiss. Wilson Randall Atwood. Charlotte Crabtree. Alta May Hales' class; Bibles by H. Bainton greetings the Cradle Ethel King: Primary ing exercise. "What Can We primary children. Shirley Hale. Beers. Caroline Stuart, Elizabeth Rice. Junior Lane. Davis, Caroline Richard Buckland: Little Eyes:' Recitation. "What They Lila Martin. Nancy Terrell. Charles Goddard: Message.' Frederick Meng: Loves James Moon; "Children's Day:" Barbara Hall: Group of Songs. Pri mary department; Recitation, Children's Friend." Carol Dicks, AlPardee. Muriel Chatfield. Bobby Grove. Roger Hall. Teddy Perry Neddy Rice; Exercise. Miss Sylvia Tyack's class; of the Flower Queen." Leala and Elizabeth Goddard's classes; Offering: Hymn. "Onward Christian Soldiers. all; Benediction. At the Children's Day exercises the Methodist church. Rev. Aldridge was charge the program, following children Edith had program: Margaret Barbara White. White. Mildred Glenna Ald Edson Sperry, Edward rich. Williams, Alberta Bates. Alden Brewerton. Alan Bennett. Jackie Pearsall. Ford. Alice Fenn, Miriam Platt. Johnson. Betty Barbara Clark. Marion Kirkham, Tylor, Ruth Johnson. Arthur Clark, Bates. Shirley Cook. Violet Gladys Aldridge. Bennett, Charles Dayton. Margaret Wilson and War ren Dayton. Special Town Meeting At the special town meeting Satnight, act upon the mat ter of the dirt road improvement to year, was voted work done the town. This employment for about 15 and present favor the work done this Death of Mrs. Althea Cable Mrs. Althea Cable, widow Judge Julius Cable. died Saturday night the home her thaniel Cable. Maple street. Cable has lived here for years. She Avon and came here the death her husband. her home with and family. Olive Day two the Misses Ruth Doris Cheshire. neral services will be held from the home her Maple avenue Tuesday afternoon o'clock. Dr. Skilton. rector Peter's officiating Burial will in the Fair Haven cemetery New Haven. The Garden club will hold its meeting Thursday evening the home the Misses Edith Jennie Cannon Paul Arthur Blewitt the Waterbury Naturalists club. will be the speak his subject being