Phoenix Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: December 1, 1919
Location: Memphis, Tennessee (35.150, -90.049)

Metadata

Model: gpt-5-mini
Short Digest: cfb2c406654984a1

Response Measures

None

Description

Article (Dec 1, 1919) announces that depositors may obtain a 20% dividend from Goodman & Williams, attorneys for the receivers. This indicates the Phoenix Trust Company was in receivership (i.e., suspended and closed) and is in liquidation/distribution. No run or reopening is mentioned.

Events (1)

1. December 1, 1919 Receivership

Newspaper Excerpt: Depositors in Phoenix Trust company who have not been paid the first dividend of 20 per cent can get same by calling at office of Goodman & Williams... Attorney for Receivers.
Source: newspapers

Newspaper Articles (1)

1. December 1, 1919 The News Scimitar Memphis, TN

Article from The News Scimitar, December 1, 1919

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Article Text

# TO PHOENIX TRUST CO. # DEPOSITORS. Depositors in Phoenix Trust company who have not been paid the first divi- dend of 20 per cent can get same by calling at office of Goodman & Wil- liams, 1522 Exchange Bldg. AUVERGNE WILLIAMS, Attorney for Receivers.