18917. Olyphant Trust Company (Olyphant, PA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
January 24, 1898
Location
Olyphant, Pennsylvania (41.468, -75.603)

Metadata

Model
gpt-5-mini
Short Digest
f2950942

Response Measures

None

Description

Newspaper items (Jan 24, 1898; Jan 4, 1899; Feb 7, 1899) refer to the Olyphant Trust Company being assigned and an assignee and auditor being appointed to distribute funds for the benefit of creditors. This indicates the bank was placed in assignment/receivership and did not reopen. No run is described in the articles. Cause for suspension is insolvency/assignment (bank-specific adverse information).

Events (3)
1. January 24, 1898 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was 'assigned' and an auditor appointed to distribute funds for benefit of creditors (insolvency/assignment).
Newspaper Excerpt
Attorney John R. Edwards was appointed auditor to distribute the funds of the assigned Olyphant Trust company.
Source
newspapers
2. January 4, 1899 Receivership
Newspaper Excerpt
Margaret J. Callendar against John P. Kelly, assignee, for the benefit of creditors of the Olyphant Trust company, appellant.
Source
newspapers
3. February 7, 1899 Other
Newspaper Excerpt
Calendar vs. Kelley, assignee of the Olyphant Trust company, appellant. (Supreme court list referencing the assignee and appeals related to the trust company.)
Source
newspapers

Newspaper Articles (3)
1. January 24, 1898 The Scranton Tribune Scranton, PA
Article from The Scranton Tribune, January 24, 1898

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Article Text

COURT HOUSE NEWS NOTES. Court allowed an appeal from the probate of the alleged will of John Faurot and from the decision of the register refusing to strike off the probate. In the case of John H. Solomon, to the use of Thomas H. Sey, against Ellen O'Sulilvan, a rule was granted on the defendant to show cause why the appeal should not be stricken off. Attorney A. A. Vosburg was appointed auditor to distribute the funds of the estate of John Luce, jr., deceased, and Attorney Richard J. Bourke was appointed to perform a similar office in the estate of Sarah J. Hopkins, deceased. Michael J. Byrne was appointed minority inspector of the Fourth ward of Olyphant in place of John O'Neill, and M.J Hutchins was named as judge of election of the First ward of Olyphant to succeed Michael Cannon, resigned. On the ground of cruel and barbarous treatment, Bertha Stevens, Saturday filed a petition asking for divorce from her husband Wallace W. Stevens. They were married Dec. 27. 1894. Both parties reside in Scranton. Vosburg & Dawson are attorneys for the libellant. Attorney John R. Edwards was appointed auditor to distribute the funds of the assigned Olyphant Trust company. . A rule for a new trial was granted in the case of Farrar & Trefts against William Silkman. which was won by the plaintiff at the first week's session of present term of common pleas. out in court again in the cropped The old Olyphant alternative borough Saturday bother the shape of a writ of man) damus issued against Burgess Thomas Patton and Borough Clerk W. J. Schubmehl. to compel them to show cause why they refuse to draw a warrant for the a salary of the borough sécretary. J. A. 1 Dolphin. after the same had been duly approved by council. Mr. Dolphin's claim 1 is for one year and three months' services and amounts to $93.75. Arguments l' will be heard Jan. 31. The amount of the verdict for Thomas O'Malley in his case against the Serane ton Traction company, of which announcement was made in Saturday's Tribune, was $4,557.75. In the case of r Vrioli McDonnell against the Traction company the verdict was for the plaintiff. but the victory was virtually on the side of the Traction company the 5 amount of the verdict being merely $10. It is also a conditional verdict, Judge Love having reserved certain law points for further consideration. The third and final week of the January term of common pleas which begins today will be presided over by Judges Archabid and Edwards in the main court and court room No. 2, respectively, and Judge George S. Purdy, of the HonesdalePike district in the Superior court room. Among the cases set down for trial is the repeatedly postponed divorce suit of is W. L. Jones against L. W. Jones. It the last case on the list for this week. Two damage suits were instituted Saturday. The heirs of Peter Larkin, deceased, brought suit through Attorneys I. H. Burns and M. F. Sando against the city of Carbondale and the CarbonTraction company for damages claim has been by reason of dale their which property they grading caused the city's done to by the Traction company with . authority. The other case is a $10,000 suit in which Chester M. Butts is plaintiff and the Scranton Savings bank defendant. The cause of action was not stated. e A. J. Colborn represents Mr. Butts.

2. January 4, 1899 The Scranton Tribune Scranton, PA
Article from The Scranton Tribune, January 4, 1899

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Article Text

# APPEALS TO SUPREME COURT. # Lackawanna County Cases That Will Be Heard in February. Appeals to the Supreme court have been taken in the following Lacka- wanna county cases, which will be argued at Philadelphia on the third Tuesday of February: Margaret J. Callendar against John P. Kelly, assignee, for the benefit of cred- itors of the Olyphant Trust company, appellant. Susan Keator and J. B. Keator, her husband, against the Scranton Traction company, appellant. William Von Storch against Carrington Von Storch, appellant. William W. Watkins, now assigned to Edward J. Williams, and Edward J. Williams in his own right, against Emily J. Moore, administratrix of the estate of William Moore, deceased, appellant. Isaac B. Felts, appellant, against the Delaware, Lackawanna and Western Railroad company. E. May Cokely, et al., against the Sterling Cycle works, appellants. Thomas J. O'Malley against the Scranton Traction company, appellant. Joseph Fellows, appellant, against Cornelius Smith, et al. S. D. Kingsley, surviving partner, etc., against William H. Taylor, appellant. Commonwealth of Pennsylvania, ex rel. John R. Jones, district attorney, against George H. Shires, et al., members of the board of control of the city of Scranton, appellants. Ellen J. Madigan against John W. Williams, appellant. Silas Hartley, appellant, against John P. Hull, et al. In re: Petition of James Nichols, James Nichols, petitioner, appellant. The John Church company against M. W. Guernsey, et al., appellants. Joseph H. Gunster, assignee, etc., appellant, against George A. Jessup, et al. Commonwealth against Joseph Keller, appellant.

3. February 7, 1899 The Scranton Tribune Scranton, PA
Article from The Scranton Tribune, February 7, 1899

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Article Text

SUPREME COURT LIST. Lackawanna Cases That Will Be Argued at Philadelphia During Week Beginning Monday, February 20. Prothonotary John Copeland has recelved from the prothonotary of the supreme court the trial list containing the Lackawanna county cases that will be argued at Philadelphia during the week beginning Monday, Feb. 20. The list is as follows: Hartley, appellant, VS. Hull and others. Von Storch vs. Von Storch, appellant. John Church Co. vs. Guernsey and others, appellants. Creighton and others VS. Scranton Lace Curtain Manufacturing company. (Blythe and others. appellants). Creighton and others vs. Seranton Lace Curtain Manufacturing company. (Chappell, appellant). Blythe and others, appellants, vs. Scranton Lace Curtain Manufacturing company. Commonwealth, ex rel District Attorney Jones VS. Shires and others; board of control. of Scranton. appellant. Cokely and others vs. Sterling Cycle works, appellant. OMalley vs. Seranton Traction company. appellant. In re first and final account of Wells, trustee; Hoebuly, appellant. Felts, appellant, vs. Delaware Lackawann and Western Railroad company. Madigan VS. Williams, appellant. Kingsley vs. Taylor, appellant. Williams, appellant, VS. Crystal Lake Water company. Watkins. assigned to Williams vs. Moore, administratrix appellant. In re petition of Nichols-Nichols. appellant. Morris and Essex Mutual Coal company, appellant, vs. Delaware, Lackawana and Western Coal Railroad company. Fello WS. appellant. vs. Smith and others. Keator and others VS. Scranton Traction company, appellant. Gunster. assignee of Scranton City bank. appellant, vs. Jessup and others, executors and trustees. Calendar vs. Kelley, assignee of the Olyphant Trust company. appeliant. Commonwealth vs. Keller, appellant. Hillside Coal and Iron company, vs. Haerman and others, appellants. Miller. appellant. vs. Cure and others. Ferdinando vs. City of Seranton and others, appellants. Thayne, appellant, vs. Scranton Traction company. J(ermyn and others, appellants, vs. Frick and others. North End Lumer company, limited, an pellant, vs. O'Donnell. Brown estate-Brown's appeal.