1705. Thames Loan and Trust Co. (New London, CT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 27, 1913
Location
New London, Connecticut (41.356, -72.100)

Metadata

Model
gpt-5-mini
Short Digest
1c19bab1

Response Measures

None

Description

Articles (Oct–Nov 1913 notices) show the Thames Loan and Trust Co. is in the hands of a court-appointed receiver (Chas/Charles F. Thayer). No article describes a depositor run; the company is in receivership and later (Oct 1914) the receiver is authorized to pay a dividend — indicating permanent closure and winding up under court supervision. I therefore classify this as a suspension (closure) with receivership by court action. Dates taken from publication notices and courtroom orders.

Events (3)

1. October 27, 1913 Receivership
Newspaper Excerpt
By order of the Superior Court. CHAS F. THAYER, Receiver of the Thames Loan and Trust Co. (legal notice published Oct 27, 1913).
Source
newspapers
2. October 27, 1913 Suspension
Cause
Government Action
Cause Details
Court proceedings and appointment of a receiver (Superior Court, New London County) leading to suspension/cessation of normal operations.
Newspaper Excerpt
By order of the Honorable Superior Court ... application for advice filed by the Receiver of the defendant corporation ... CHAS F. THAYER, Receiver of the Thames Loan and Trust Co.
Source
newspapers
3. October 10, 1914 Other
Newspaper Excerpt
On the motion of Receiver Charles F. Thayer of the Thames Loan and Trust Co., the court passed an order for the receiver to pay a dividend of 10 per cent to the savings department depositors ... payable on the 19th of October.
Source
newspapers

Newspaper Articles (10)

Article from Norwich Bulletin, October 27, 1913

Click image to open full size in new tab

Article Text

LEGAL NOTICE. NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, vs. The Thames Loan and Trust co. Superior Court, New London County. NOTICE. By order of the Honorable Superior Court in and for said New London County, notice is hereby given that a hearing will be had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov. 7, 1913, at 10 o'clock in the forenoon, upon the allowance of an amendment or amendments proposed to be made to the original application for advice filed by the Receiver of the defendant corporation in the above entitled cause now pending in said court. All depositors and creditors of the Thames Loan and Trust Company, and all other persons having an interest in the settlement of said Company's affairs, are hereby notified to appear at said time and place, if they see fit. to be heard relative to said application for advice and any amendment or amendments thereto. By order of the Superior Court. CHAS F. THAYER, Receiver of the Thames Loan and Trust Co. oct27d


Article from Norwich Bulletin, October 29, 1913

Click image to open full size in new tab

Article Text

LEGAL NOTICE. NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, VS. The Thames Loan and Trust co, Superior Court, New London County, NOTICE. By order of the Honorable Superior Court in and for said New London County, notice is hereby given that a hearing will be had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov, 7. 1913, at 10 o'clock in the forenoon, upon the allowance of an amendment or amendments proposed to be made to the original application for advice filed by the Receiver of the defendant eorporation in the above entitled cause now pending in said court. All depositors and creditors of the Thames Loan and Trust Company, and all other persons having an interest in the settle ment of said Company's affairs, are hereby notified to appear at said time and place, if they see fit, to be heard relative to said application for advice and any amendment or amendments thereto. By order of the Superier Court. CHAS. F. THAYER, Receiver of the Thames Loan and Trust Co. pet27a


Article from Norwich Bulletin, October 30, 1913

Click image to open full size in new tab

Article Text

The Vaughn Foundry Co. Nos. 11 to 25 Ferry St., MILL CASTINGS a Specialty, Orders Receive Prompt Attention LEGAL NOTICE. NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, VS. The Thames Loan and Trust co. Superior Court, New London County. NOTICE. By order of the Honorable Superior Court in and for said New London County, notice is hereby given that a hearing will be had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov. 7, 1913, at 10 p/clock in the forenoon; upon the allowance of an amendment or amendments proposed to be made to the original application for advice filed by the Receiver of the defendant corporation in the above entitled cause now pending in said court. All depositors and creditors of the Thames Loan and Trust Company, and all other persons having an interest in the settlement of said Company's affairs, are hereby notified to appear at said time and place, if they see fit, to be heard relative to said application for advice and any amendment or amendments thereto. By order of the Superior Court. CHAS. F. THAYER, Receiver of the Thames Loan and Trust Co oct27d


Article from Norwich Bulletin, October 31, 1913

Click image to open full size in new tab

Article Text

LEGAL NOTICE, NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, VS. The Thames Loan and Trust co. Superior Court, New London County. NOTICE. By order of the Honorable Superior Court in and for said New London County, notice is hereby given that a hearing will bei had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov. 7, 1913. at 10 o'clock in the forenoon, upon the allowance of an amendment or amendments proposed to be made to the original application for advice filed by the Receiver of the defendant corporation in the above entitled cause now pending in said court. All depositors and ereditors of the Thames Loan and Trust Company, and all other persons having an interest in the settlement of said Company's affairs, are hereby notified to appear at said time and place, if they see fit, to be heard relative to said application for advice and any amendment or amendments thereto. By order of the Superior Court: CHAS. F. THAYER, Receiver of the Thames Loan and Trust Co. oct27d


Article from Norwich Bulletin, November 1, 1913

Click image to open full size in new tab

Article Text

New Fall Millinery A fine assortment of latest styles MRS. G. P. STANTON, 52 Shetucket Street The Vaughn Foundry Co. Nos. 11 to 25 Ferry St., MILL CASTINGS Specialty, Orders Receive Promut Attention LEGAL NOTICE. NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, vs. The Thames Loan and Trust co. Superior Court, New London County, NOTICE. By order of the Honorable Superier Court in and for said New London County, notice is hereby given that a hearing will be had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov. 7, 1913, at 10 o'clock in the forenoon, upon the allowance of an amendment or amendments proposed to be made to the original application for advice filed by the Receiver of the defendant carporation in the above entitled cause now pending in said court. All depos= itors and creditors of the Thames Loan and Trust Company, and all other persons having an interest in the settle ment of said Company's affairs, are hereby notified to appear at said time and place, if they see fit, to be heard relative to said application for advice and any amendment or amendmenta thereto. By order of the Superier Court. CHAS. F. THAYER, Receiver of the Thames Loan and Trust Co. oct97$


Article from Norwich Bulletin, November 4, 1913

Click image to open full size in new tab

Article Text

LEGAL NOTICE. NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, vs. The Thames liban and Trust CO. Superior Court, NEEN London County. NOTICE. By order of the Honorable Superior Court in and for said New London County, 15 otice is hereby given that a hearing " ill be had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov. 7, 1913, at 10 o'clock in the forenoon, upon the allowance of an amendment or amen meats proposed to be made to the erig that application for advice filed by the B.eceiver of the defendant corporation in the above entitled cause now periding in said court, All depositors an o creditors of the Thames Loan and Trujit Company, and all other persons hajing an interest in the settlement of said Company's affairs, are hereby notified to appear at said time and plate if they see fit, to be heard relative to said application for advice and an Y amendment or amendments thereto, By of the Superior Court, CHAS, F, THAYER, Receiver of the Thames Loan and thrust Co. oct27d


Article from Norwich Bulletin, November 6, 1913

Click image to open full size in new tab

Article Text

LEGAL NOTICE, NORRIS S. LIPPITT AND FRED P. Holt, Bank Commissioners, vs. The Thames Loan and Trust CO. Superior Court, New London County. NOTICE. By order of the Honorable Superior Court in and for said New London County, notice is hereby given that a hearing will be had before the Superior Court at the Superior Court Room in the City of New London on Friday, Nov. 7. 1913, at 10 o'clock in the forenoon, upon the allowance of an amendment or amendments proposed to be made to the original application for advice filed by the Receiver of the defendant corporation in the above entitled cause now pending in said court. All depositors and creditors of the Thames Loan and Trust Company, and all other Dersons having an Interest in the settlement of said Company's affairs, are hereby notified to appear at said time and place, if they see nt, to be heard relative to said application for advice and any amendment or amendments thereto. By order of the Superior Court, CHAS. F. THAYER, Receiver of the Thames Loan and Trust Co. oct27d


Article from Norwich Bulletin, October 10, 1914

Click image to open full size in new tab

Article Text

JUDGE SHUMWAY HEARD SHORT CALENDAR MOTIONS Passed Order for Trust Company Di. vidend-Other Matters Disposed Of. In the superior court short calendar session at 11 o'clock at New London Friday morning the following matters were disposed of before Judge M. A. Shumway: In Frederick C. Buckley and others vs. Sterling Machine Co., motion for order terminating receivership went off, The sum of $35 to defend was ordered in three weeks and two weeks were given for a more specific statement in Armidase Lusijnan VS. Delia Lusijnan. Motion to have execution issue was denied in Ellen Fitzgerald vs. James B. Shannon. Argument of demurrer went off the list in Zebulon R. Robbins vs. New London Northern R. R. Co., Two weeks were given in which to file reasons for appeal in Ellen F. Gilhert and others vs. Eldridge P. Prentis, executor, an appéal from probate. Argument of demurrer was postponed for two weeks in Homer D. Gager vs. Arthur H. Mott. Special bail of $5,000 was ordered in two weeks in the $15,000 alienation suit of Mrs. Lydia G. Hewitt vs. Mrs. Alice G. Hewitt, both of Waterford. Answer on other pleadings from the New London Northern R. R. and others was order in the suit brought by Zebulon R. Robbins. Answer in two weeks was ordered on a motion for default for failure to plead in Wallace B. Keeney vs. Shore Line Electric railway company. Motion for judgment by default for defendant's failure to answer was postponed in Parker Davenport Co. vs. Andrew S. Stevens. The motion for answer or other pleadings within two weeks or default was granted in Norwich Industrial Improvement Co. vs. Fenton Building Co. and others. Motion to cite in new party was postponed in Hadley Potter vs. Wlodyslow Krupinski and others. Motion to amend complaint was granted in Zebulon R. Robbins vs. New London Northern R. R. Co. and others. The court granted motion for reasons of appeal within ten days or judgment of non-suit in E. William Holmes and others vs. James E. Lord, executor. an appeal from probate. Time for answers was extended one week in Washburn & Rogers vs. Storing and Leasing Co., and in Nathan Pumerantz vs. National Fire Ins. Co. Order for Loan Company Dividend. On the motion of Receiver Charles F. Thayer of the Thames Loan and Trust Co., the court passed an order for the receiver to pay a dividend of 10 per cent to the savings department depositors. The amount as basis for the dividend is $583,005.72, and the sum. of $58,500 and over has been set aside to meet the dividend, which is payable on the 19th of October. Foreclosure Judgment. Foreclosure judgment by stipulation was granted in the suit of Ellen A. Buddington of Springfield vs. Ralph H. Dennison and Jefferson O. Bailey of Groton, Benjamin H. Hewitt of Stonington and The Creamery Package Manufacturing Co., of Rutland, Vt. The suit was brought to foreclosure a mortgage for $1.200 on three tracts of land on Winthrop street in New London. Mr. Bailey claimed a mortgage of $1,000, the Creamery Company a judgment lien of $300 and Mr. Hewitt an attachment of $30 on the mortgage real estate. The hearing on the account of D. M. Cronin, temporary receiver, and Mr. Van Rensselaer, temporary receiver, both for the Thames River Specialties Co., was postponed till next Tuesday morning. Assigned for Tuesday. The following cases were assigned for next Tuesday: Zrorkes vs. New York, New Haven and Hartford railroad; Wall vs. Mondelci, Shea vs. Gavitt.


Article from Norwich Bulletin, October 17, 1914

Click image to open full size in new tab

Article Text

SHORT CALENDAR MATTERS BEFORE SUPERIOR COURT. Much Business on Motion List-Tinker vs. City of New London Next,Wednesday. At the short. calendar session of the superior court in New London Friday morning, at which Judge M. A. Shumway presided, much business was disposed of: Assignments made for trial were the following: Tuesday, Oct. 22-Charles Chadwick vs. M. A. Cavanaugh and others. Wednesday, Oct. 23-Tinker vs. New London, Utard VS. board of relief of Waterford, Leonard A. Clift vs. Latham Hull. On Thursday the case of Shea vs. Gavitt will be argued, as all the evidence is in, and there will be hearings on the accounts of D. M. Cronin, temporary receiver, and M. Van Rensselear, also a temporary receiver, of the Thames River Specialties company of Montville. The matter of the dissolution of the receivership will be discussed and there will be a hearing on the accounts of the receivers. Tuesday, Oct. 27-John J. Ryan vs. Frank M. Ladd, G. I. Robinson VS. James O'Neil, G. I. Robinson vs. James O'Neil. Wednesday, Oct. 28-0. H. Rudd vs. W. Rudd, alias. W. M. Chapel, Isabelle S. Harris vs. Ray E. S. Benjamin, Rosanna Garrett VS. Charles R. Bogue. Motion List Business. The following motions were heard and action taken on them: Answer or other pleadings in two weeks were ordered in Bertha Hautman vs. John H. Ryan, in Joseph Brinski vs. American Strawboard Co., in Arthur Hanna Folsom vs. Louis Paul Dessar, in Louis Wundtrlich vs. John H. Thayer and in Henry A. Norton VS. Elizabeth R. Norton. Three weeks were given for an answer or other pleadings in John H. Flagler vs. Eastern Strawboard Co. Answer in two weeks was also directed in Gussie Pressman vs. Louis Pressman on motion to place case on uncontested divorce list. A reply in a week was ordered in Wilfred E. Brown VS. John E. Hart, trustee, on default for failure to plead. Judge Shumway took the papers after hearing the arguments for the appointment of a permanent receiver in. James F. Fenton and others vs. Fenton Building Co. The demurrer was overruled in James H. Fitch vs town of Preston, an appeal from the board of relief. S Twelve days' notice to cite in new party defendant was given in Hadley Potter vs. Wlodgslow Krupinski and others. n : Receiver Charles F. Thayer for the e Thames Loan and Trust Co. presented his last semi-annual report, which was t approved. In Louise J. Boss vs. Charles Royce e Boss the default was opened and the le time for filing pleadings was extended two weeks. n In Gilbert vs. Prentice, executor, and e in Nathan Pumerantz vs. National h. Fire Insurance Co., the time for pleade ings was extended one week. g Postponement until Thursday was y directed in Mary Bigelow and others vs. Thames River Specialties Co., on e hearings on the account of D. M. Cronin, temporary receiver, and on ac-


Article from Norwich Bulletin, January 30, 1915

Click image to open full size in new tab

Article Text

SHORT CAL ENDER esided in New Lond on-Cases ebruary Session-M lotion List fore the Court. plaint was granted in G admr., vs. N. Y., N. H. eorge A. Spicer, Answer or other p & H. R. R. Co. weeks or non-suit "leadings in two White Automobile Co as ordered in Stanton and others on vs. George H. or other pleadings to motion for reply defendant, Russell Ba he answer of the Answer or other ird. days was ordered in pleadings in ten Improvement Corp. Norwich industrial ing Co. and others. KS. Fenton BuildTwo weeks was an answer or other the time given for Nomer vs. Simon pleadings in Frank H. Flagler VS. Eas Siegelwaks, in John in Sunnyside Wa tern Strawboard Co., vs. board of wall ter Main association Paulsen VS. Gre ter commissioners, in Bacon vs. Villis en, and in Nathaniel Permission " Austin. swer in the sui as granted to file an$35 allowance t of Long vs. Long, and three weeks to defend was ordered in liam P. Lill the divorce suit of WilAnswer 910 VS. Nellie R. Lillie, ir ordered or other pleadings was also Lusijnan two weeks in Armidase H. Rice Yrs. Nellie Lusijnan, in Clark in Boone Goodman & Trumbull Co., Avery, 3 A. Spink vs. Charles S. ham Band in Fanny Green vs. AbraAns ronstein. days wer or other pleadings in ten and was ordered in Pavey VS. Pavey, Har in two weeks in Alfred Gagne VS. ry A. Gaucher. Motion that amendment to complaint be allowed as on file was granted in Loreto Roma vs. Thames River Specialties Co. Judge Bennett took the papers after the arguments had been made on the complaint of R. L. Curtis, receiver, in the matter of disallowance of claim of the Atlantic National bank and judgment thereon, in connection with the receivership of the Thames Loan and Trust Co. Four matters on the calendar went off and two were postponed.