Commonwealth Trust Company

Bank Information

Episode Type: Suspension → Reopening
Bank Type: trust company
Start Date: March 23, 1916
Location: Harrisburg, Pennsylvania (40.276, -76.885)

Metadata

Model: gpt-5-mini
Short Digest: 6f30b4ab

Response Measures

None

Description

Article (Harrisburg Telegraph, 1916-03-23) describes the old Commonwealth Trust Company being in receivership (Henry M. Tracy, receiver) and a court confirmation of a reorganization plan and disposition of assets. No explicit run is described; events indicate prior suspension/receivership and reorganization/resumption of operations.

Events (3)

1. March 23, 1916 Other

Newspaper Excerpt: The judgment represents the unpaid indebtedness which the sale of the old company's property failed to liquidate. The property was sold for $50,000. ... The whole plan carries out the reorganization plan of the company.
Source: newspapers

2. March 23, 1916 Receivership

Newspaper Excerpt: the suggestion in the report of Henry M. Tracy, receiver for the old company. ... The report was confirmed by the Court ... The whole plan carries out the reorganization plan of the company.
Source: newspapers

3. March 23, 1916 Reopening

Newspaper Excerpt: The whole plan carries out the reorganization plan of the company.
Source: newspapers

Newspaper Articles (1)

1. March 23, 1916 Harrisburg Telegraph Harrisburg, PA

Article from Harrisburg Telegraph, March 23, 1916

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Article Text

monwealth Trust Company. The filing of the judgment was allowed in accordance with the suggestion in the report of Henry M. Tracy, receiver for the old company. The reday. port was confirmed by the Court toThe judgment represents the unpaid indebtedness which the sale of the old company's property failed to liquidate. The property was sold for $50,000. and of this sum $43,188.45 was left for distribution after all the expenses had been paid. Just $30,000 worth of bonds against which no claim had been made were declared uncollectable hereafter. These bonds were never presented for payment. The whole plan carries out the reorganization plan of the company. Divorcee of Day Weds. - Among the marriage licenses granted to-day was one to George Arthur Watkins, New Cumberland, and Mamie Morgan Catherine Resz. The bride is a divorcee, having received her papers Tuesday from the Dauphin County Courts. Accounts Confirmed. - Following are the acounts of guardians and trustees which were presented to the Dauphin County Court to-day for confirmation: First and final account, Harrisburg Trust Company as committee for Kate Miller, a lunatic; first and final account, John Gordon. guardian for Mary Gordon, Derry township, a weak-minded person: annual account of principal and trustees of Emaus Orphan House. At Registrar's Office. - City Sealer Harry D. Reel yesterday was given letters of administration in the estate of his mother. Margaret Reel. Adelaide Taylor got letters in the estate of Charles E. Taylor.