Glenville Banking & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: November 18, 1909
Location: Glenville, Ohio (41.533, -81.617)

Metadata

Model: gpt-5-mini
Short Digest: d5e661d3

Response Measures

None

Description

Article (Nov 18/19, 1909) describes the Glenville Banking & Trust Company as wrecked and names Robert Prosser as receiver; no run reported, bank in receivership/closed.

Events (1)

1. November 18, 1909 Receivership

Newspaper Excerpt: Robert Prosser, receiver of the Glenville Bank, swore out an affidavit in attachment against the funds of the company supposed to be on deposit with the First National Bank.
Source: newspapers

Newspaper Articles (1)

1. November 19, 1909 The Montgomery Advertiser Montgomery, AL

Article from The Montgomery Advertiser, November 19, 1909

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Article Text

ECHO OF BANK CASE. Attachment Proceedings Against Commission Company's Deposits. Cleveland, O., Nov. 18.-Attachment proceedings tonight against the bank deposits of the Rex Commission Company, whose officers are under indictment here, is expected to reveal the connection, If any, of that concern with the wrecked Glenville Banking and Trust Company. Robert Prosser, receiver of the Glenville Bank, swore out an affidavit in attachment against the funds of the company supposed to be on deposit with the First National Bank. The receiver alleges that J. J. Phillips, Vice-President of the defunct bank, who was mysteriously shot two years ago, operated with the Rex Company in procuring funds from the Glenville Bank. The specific recovery sought in the present suit is $8,596, the sum involved in New York drafts issued by the bank in favor of the Rex Commission Company.