15998. Holland Trust Company (New York, NY)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
July 14, 1906
Location
New York, New York (40.714, -74.006)

Metadata

Model
gpt-5-mini
Short Digest
ee5365c6

Response Measures

None

Description

State banking department examination found an apparent deficit (~$110,000); court appointed temporary receivers and restrained the company from transacting business. No mention of a depositor run in the articles; this is a regulatory/government-initiated suspension leading to receivership/closure.

Events (2)
1. July 14, 1906 Receivership
Newspaper Excerpt
Justice Fitts of the supreme court today appointed James B. Van Woert and Samuel Bryant of New York temporary receivers of the Holland Trust Company of New York.
Source
newspapers
2. July 14, 1906 Suspension
Cause
Government Action
Cause Details
State banking department examination disclosed an apparent deficit of about $110,000; court action temporarily restrained the company from transacting business.
Newspaper Excerpt
temporarily restrained the company from transacting business. This followed a complaint from the state banking department that a recent examination of the company's affairs had disclosed a deficit of about $110,000.
Source
newspapers

Newspaper Articles (5)
1. July 15, 1906 The Salt Lake Herald Salt Lake City, UT
Article from The Salt Lake Herald, July 15, 1906

Click image to open full size in new tab

Article Text

RECEIVERS APPOINTED. Albany, N. Y., July 14.-Justice Fitts of the supreme court today appointed James B. Van Woert and Samuel Bryant of New York. temporary receivers of the Holland Trust company of New York. Recent examination of the company's affairs disclosed an apparent deficit of about $110,000.

2. July 15, 1906 Evening Star Washington, DC
Article from Evening Star, July 15, 1906

Click image to open full size in new tab

Article Text

York temporary receivers of the Holland Trust Company of New York and temporarily restrained the company from transacting business. This followed a complaint from the state banking department that a recent examination of the company's affairs had disclosed a deficit of about $110,000.

3. July 15, 1906 The San Francisco Call San Francisco, CA
Article from The San Francisco Call, July 15, 1906

Click image to open full size in new tab

Article Text

Receivers for Holland Trust Company. ALBANY, N. Y., July 14.-Justice Fitts of the Supreme Court today appointed James B. Van Woert and Samuel Bryant of New York temporary receivers of the Holland Trust Company of New York. Recent examination of the company's affairs disclosed an apparent deficit of about $110,000.

4. July 15, 1906 The Salt Lake Tribune Salt Lake City, UT
Article from The Salt Lake Tribune, July 15, 1906

Click image to open full size in new tab

Article Text

Holland Trust Company Short. ALBANY, N. Y., July 14.-Justice Fitts of the Supreme court today appointed James B. Van Woert and Samuel Bryant of New York temporary receivers of the Holland Trust company of New York. Recent examination of the company's affairs disclosed an apparent defloit of about $110,000.

5. July 20, 1906 Watertown Weekly Leader Watertown, WI
Article from Watertown Weekly Leader, July 20, 1906

Click image to open full size in new tab

Article Text

TRUST COMPANY CLOSED. Deficit Causes the Holland of New York to Be Placed in Hands of Temporary Receiver. ALBANY, N. Y., July 14.-Justice Fitts of the supreme court today anpointed James VanWoert and Samuel Bryant of New York temporary receivers of the Holland Trust company of New York and temporarily restrained the company from transacting business. This followed a complaint from the state banking department that a recent examination of the company's affairs had disclosed a deficit of about $110,000.