Mutual Trust Company - Philadelphia, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: September 8, 1892
Location: Philadelphia, Pennsylvania (39.952, -75.164)

Metadata

Model: gpt-5-mini
Short Digest: a04ac6f331505f30

Response Measures

None

Description

Article reports that George S. Graham filed bond as receiver for the Mutual Trust Company (PA). This indicates the bank was placed in receivership (closure). No mention of a prior run in the available text, so classified as a suspension leading to closure/receivership. Date inferred from newspaper phrasing 'yesterday' (paper dated 1892-09-09), so receivership date set to 1892-09-08.

Events (1)

1. September 8, 1892 Receivership

Newspaper Excerpt: George S. Graham of Philadelphia yesterday filed a bond for $250,000 as receiver of the Mutual Trust company and $100,000 as receiver for the Iron Hall in the state of Pennsylvania.
Source: newspapers

Newspaper Articles (1)

1. September 9, 1892 Morning Journal and Courier New Haven, CT

Article from Morning Journal and Courier, September 9, 1892

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Article Text

TELEGRAPHIC JOTTINGS. Arthur B. Winterbottom, M. P. for Cirencester, East Gloucestershire, is dead, aged fifty-three years. The estate of the Hon. Honore Mercier, formerly premier of Quebec, is to be sold for the benefit of his creditors. Ex-President Cleveland, accompanied by Don M. Dickinson and his private secretary, arrived in New York yesterday. The Canadian stallion Goldring won a big purse yesterday by lowering the Canadian mile on a half-mile track record from 2:21 to 2:191. The New England Undertakers' association met yesterday in Boston for the last session of their annual convention and elected officers. A number of disastrous thunder storms have been reported from various parts of Spain recently. Several persons have been killed by lightning. New Hampshire democrats held their state conventian in Concord yesterday and nominated Hon. Luther F. McKinney of Manchester for governor. Two freight trains came into collision just west of Springfield, O., yesterday morning. The wreckage took fire. One of the engineers, J. H. Ferguson, was burned to death. George S. Graham of Philadelphia yesterday filed a bond for $250,000 as receiver of the Mutual Trust company and $100,000 as receiver for the Iron Hall in the state of Pennsylvania. Brookline, N. H., yesterday celebrated its 128d birthday, also the opening of the new Brookline and Pepperill railroad, by means of which an all rail route to Boston is established, President Jones of the Boston and Maine