Article Text
2 Philadelphia Banks Closed by Examiner PHILADELPHIA, Oct. 13 (I.N.S.) The Manayunk Trust Company and the Roxborough Trust Company were closed today by the State department of banking
16570. Manayunk Trust Company (Philadelphia, PA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- trust
- Start Date
- October 13, 1931
- Location
- Philadelphia, Pennsylvania (39.952, -75.164)
Metadata
- Model
- gpt-5-mini
- Short Digest
61e59ea92f6be43e
Response Measures
None
Description
Contemporary wire reports (Oct 13, 1931) state the Manayunk Trust Company was closed by the State department of banking/examiner. No mention of a depositor run or reopening; most consistent classification is a government-ordered suspension leading to closure. Limited detail in the articles; receivership is not explicitly mentioned.
Events (1)
1.
October 13, 1931
Suspension
- Cause
- Government Action
- Cause Details
- Closed by the State department of banking / examiner (official action).
- Newspaper Excerpt
- The Manayunk Trust Company and the Roxborough Trust Company were closed today by the State department of banking
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Philadelphia Banks Suspend. PHILADELPHIA, October 13 (P).The Manayunk Trust Co. and the Roxborough Trust Co., compartively small institutions in outlying sections of Philadelphia, closed their doors today.