Williams & England Banking Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 31, 1903
Location: Salem, Oregon (44.943, -123.035)

Metadata

Model: gpt-5-mini
Short Digest: 89f7258d

Response Measures

None

Description

Article (1903-07-31) discusses the Williams & England Banking Company being in the hands of a receiver (W. T. Slater) and litigation over claim interest. No run or reopening is mentioned; the bank is in receivership, implying permanent closure. Date of actual suspension/receiver appointment is not given in the article, so article date is used as reference.

Events (1)

1. July 31, 1903 Receivership

Newspaper Excerpt: Receiver W. T. Slater has filed a demurrer to the petition, and the matter will come up for hearing at the July term of the second department of the circuit court, which convenes next Monday.
Source: newspapers

Newspaper Articles (1)

1. July 31, 1903 The Daily Journal Salem, OR

Article from The Daily Journal, July 31, 1903

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Article Text

# State Wants # The Interest The claims of Phil Metschan and E. C. Giltner against the receiver of the Williams & England Banking Company for moneys deposited in that bank by the two claimants before the failure are again attracting attention through the action of the state authorities, in asking for interest on the claims to be recovered into the state treasury. A petition has been filed in Judge Boise's department of the circuit court in the case of J. A. Baker vs. The Williams & England Banking Company by Secretary of State Dunbar, praying that the receiver, W. T. Slater, be ordered to pay to the state $4467.90, as interest on the money deposited in the bank by Phil Metschan, $8013.16, and E. C. Giltner, as agent for Phil Metschan, $25.000. The petition alleges that the money in question was the property of the state of Oregon, that from the date the claims were filed against the receiver by Giltner and Metschan to the several dates when payment was made interest should be allowed the state, and this interest is computed at $4467.90. The secretary of state, therefore, asks the court for an order to that receiver to pay the interest, alleged to be due to the state. Attorney-General Crawford represents the state in the case, and will make a vigorous fight to secure the amount claimed. Receiver W. T. Slater has filed a demurrer to the petition, and the matter will come up for hearing at the July term of the second department of the circuit court, which convenes next Monday.