Sanditz & Traurig - Waterbury, CT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1931*
Location: Waterbury, Connecticut (41.558, -73.051)

Metadata

Model: gpt-5-mini
Short Digest: 8c927118

Response Measures

None

Description

OCR in article shows 'Sanitz & Traurig' but bank name provided is 'Sanditz & Traurig' — corrected here. Article describes the bank as defunct, failed in December 1931 and placed in receivership; 1939 piece discusses receivers seeking final discharge. No run is mentioned.

Events (2)

1. December 1, 1931* Receivership

Newspaper Excerpt: the bank which failed in December. 1931, today filed motions seeking a final judgment and discharge as receiver.
Source: newspapers

2. June 19, 1939 Other

Newspaper Excerpt: receivers for the bank which failed in December. 1931, today filed motions seeking a final judgment and discharge as receiver. Permission to destroy letters, papers and data ... all assets ... converted into cash and that depositors have received dividends amounting to 45 per cent
Source: newspapers

Newspaper Articles (1)

1. June 19, 1939 The Waterbury Democrat Waterbury, CT

Article from The Waterbury Democrat, June 19, 1939

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Article Text

DEFUNCT BANK TO END LAST CHAPTER Sanditz, Traurig Receiv= ers to Ask Discharge From Thier Duties The final chapter of the receivership of the defunct Sanitz & Traurig company may be written in superior court Friday morning by Judge Kenneth Wynne. The Waterbury National bank, receivers for the bank which failed in December. 1931, today filed motions seeking a final judgment and discharge as receiver. Permission to destroy letters, papers and data pertaining to the company's business, and which will not be needed in the future is also asked. The motions set forth that all assets of the company have been converted into cash and that depositors have received dividends amounting to 45 per cent of their original investment. In addition, the company has turned over $2,573.78 to the state treasurer, representing dividends which were not claimed by depositors.