1894. American Security & Trust Company (Washington, DC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
July 12, 1915
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
e2a1444c

Response Measures

None

Description

No articles report any depositor run or heavy withdrawals. Court records (Evening Star, Aug 28 and Washington Herald, Aug 29, 1916) record that receivers Hayden Johnson and John J. Hamilton were appointed in the case Manning v. American Security and Trust Company (bond $1,000). Earlier 1915 notices show the company as a defendant in equity litigation over securities. Because a receiver was appointed (court receivership) and there is no evidence of a depositor run or reopening, I classify this as a suspension leading to closure (suspension_closure).

Events (2)

1. July 12, 1915 Other
Newspaper Excerpt
to enjoin defendant the American Security and Trust Company from surrendering possession of any of such stocks, bonds and securities in its possession at the time of the commencement of this suit; for a receiver to take possession of the said stocks, bonds and securities ... and hold the said purchase price subject to the order of this Court in this suit
Source
newspapers
2. August 28, 1916 Receivership
Newspaper Excerpt
Manning agt. American Security and Trust Company; Hayden Johnson and John J. Hamilton appointed receivers; bond, $1,000; plaintiff's attorneys, C. A. Keigwin and Hayden Johnson; defendant's attorneys, Nathaniel Wilson, C. R. Wilson and Hamilton & Hamilton.
Source
newspapers

Newspaper Articles (5)

Article from The Washington Times, July 12, 1915

Click image to open full size in new tab

Article Text

Butler & Vale, Attorneys. IN THE SUPREME COURT OF THE DISTRICT OF COLUMBIA-Frank G. Wright & Company, Incorporated, a corporation existing under the laws of the state of Illinois, F. W Cushing, Jacob Schnur, and Bertha Baker Alling. Plaintins, NA. Franklin K. Lane, Sech retary of the Department or the Interior of the United States of America; William Gibbs McAdoo, Secretary of the Department of the Treasury of the United States of America: John Burke, Treasurer of the United States of America; W. E. Stavert, F. G. Jemmett, W. J. Boland, G. T. Clarkson, O. G. Laberee, International Assets, Limited, Sovereign Bank of Canada, Canadian Bank of Commerce, and the American Security and Trust Company, Defendants.-Equity No. 33530.-The object of this suit is to enforce payment to plaintiffs by the Government of the United States of America through its proper executive offices, of the plaintiits' vested undivided part of the whole tund of One Million One Hundred and Fifty Thousand Dollars ($1,150,000) accruing from the purchase by the United States Government of the stocks and bonds of the Alaska Northern Railway Company; to ear join defendants Franklin K. Lane, Secretary of the Interior of the United States of America: William Gibbs McAdoo, Secretary of the Treasury of the United States of America, and John Burke, Treasurer of the United States of America, from paying over to deL fendants W. E. Stavert, F. G. Jemmett, W. J. Boland, International Assets, Limited, G. T. Clarkson, the Canadian Bank of Commerce, and any person or persons parties to the contract of purchase and sale of said stocks, bonds and securities. the said purchase price thereof or any part of said purchase price. sand to enjoin defendant the American Security and Trust Company from surrendering possession of any of such stocks, bonds and securities in its possession at the time of the commencement of this suit; for & receiver to take possession of the said stocks, bonds and securities and deliver the same to defendant Franklin K. Lane and receive therefor the purchase price as in said cons tract of sale provided. and hold the said purchase price jubject to the order of this Court in this suit, and for an accounting by defendants W. E. Stavert, F. G. Jemmett, and W. J. Boland to these plaintiffs, disclosing transactions affecting plaintiffs' deposit with said defendants W. E. Stavert, F. G. Jemmett, and W. J. Boland of twenty-five (25) bonds of the Alaska Central Railway Company. On motion of the plaintiffs it is this 12th day of July, 1915, ORDERED that each of the defendants W. E. Stavert, F. G. Jemmett. W. J. Boland, International Assets. Limited, G T. Clarkson, O, G. Laberee, Sovs ereign Bank of Canada, and the Canadian Bank of Commerce cause his and their ap+ pearance to be entered herein on or before the fortieth day. exclusive of Sundays and legal holidays, occurring after the day of the first publication of this order: otherwise the cause will be proceeded with as in case of default, provided a copy of this order be published once a week for three successive weeks in the Washington Law Reporter and The Washington Times before said date. WENDELL P. STAFFORD. Justice. A true copy. Test: (Seal) J. R. YOUNG, Clerk. By F. E. CUNNINGHAM. Assistant Clerk.


Article from The Washington Times, July 26, 1915

Click image to open full size in new tab

Article Text

LEGAL NOTICES Butler & Vale, Attorneys. IN THE SUPREME COURT OF THE DISTRICT OF COLUMBIA-Frank G. Wright & Company, Incorporated, a corporation existing under the laws of the State of Illinois, F. W. Cushing, Jacob Schnur, and Bertha Baker Alling. Plaintiffs, VS. Franklin K. Lane, Secretary of the Department of the Interior of the United States of America; William Gibbs McAdoo, Secretary of the Department of the Treasury of the United States of America; John Burke, Treasurer of the United States of America: w. E. Stavert, F. G. Jemmett, W. J. Boland, G. T. Clarkson, O. G. Laberee, International Assets, Limited, Sovereign Bank of Canada, Canadian Bank of Commerce, and the American Security and Trust Company, Defendants.-Equity No. 33530.-The object of this suit is to enforce payment to plaintiffs by the Government of the United States of America through its proper executive offices, of the plaintiffs' vested undivided part of the whole fund of One Million One Hundred and Fifty Thousand Dollars ($1,150,000) accruing from the purchase by the United States Government of the stocks and bonds of the Alaska Northern Railway Company: to onjoin defendants Franklin K. Lane, Secretary of the Interior of the United States of America; William Gibbs McAdoo, Secretary of the Treasury of the United States of America, and John Burke. Treasurer of the United States of America, from paying over to defendants W. E. Stavert, F. G. Jemmett, W. J. Boland, International Assets, Limited, G. T. Clarkson, the Canadian Bank of Commerce, and any person or persons parties to the contract of purchase and sale of said stocks, bonds and securities, the said purchase price thereof or any part of said purchase price, and to enjoin defendant the American Security and Trust Company from surrendering possession of any of such stocks, bonds and securities in its possession at the time of the commencement of this suit; for a receiver to take possession of the said stocks, bonds and securities and deliver the same to defendant Franklin K. Lane and receive therefor the purchase price as in said contract of sale provided, and hold the said purchase price subject to the order of this Court in this suit, and for an accounting by defendants W. E. Stavert, F. G. Jemmett, and W. J. Boland to these plaintiffs, disclosing transactions affecting plaintiffs' deposit with said defendants W. E. Stavert, F. G. Jemmett, and W. J. Boland of twenty-five (25) bonds of the Alaska Central Railway Company. On motion of the plaintiffs it is this 12th day of July, 1915, ORDERED that each of the defendants W. E. Stavert, F. G. Jemmett, W. J. Boland, International Assets. Limited. G. T. Clarkson, O. G. Laberee, Sovereign Bank of Canada, and the Canadian Bank of Commerce cause his and their appearance to be entered herein on or before the fortieth day, exclusive of Sundays and legal holidays, occurring after the day of the first publication of this order: otherwise the cause will be proceeded with as in case of default. provided a copy of this order be published once a week for three successive weeks in the Washington Law Reporter and The Washington Times before said date. WENDELL P. STAFFORD. Justice. A true copy. Test: (Seal.) J. R. YOUNG, Clerk. By F. E. CUNNINGHAM. Assistant Clerk.


Article from Evening Star, June 3, 1916

Click image to open full size in new tab

Article Text

THE COURTS. District Supreme Court. EQUITY DIVISION 2-Justice Stafford Latchford agt. Latchford: order of publication: plaintiff's attorney. R. D. Daniels Frosch agt. Nauck: petition May 18 dismissed: plaintiff's attorneys. S. C. Brez. L. Koenigsberger and R. A. Heiskell: defendant's attorneys, O'Nauck and John Ridout. Schmidt agt. American Security and Trust Company: decree appointing Charles E. Hagner; plaintiff's attorney, S. E. Swayze. Naylor agt. Jefferson: J. C. Brown appointed receiver: bond. $1,000; plaintiff's attorney. Herbert Newsom: defendant's attorney. W. A. Coombe. Free Sewing Machine Company agt. Ragsdale: rule discharged: plaintiff's attorney. H. Winship Wheatley: defendant's attorneys, Douglas, Ruffin & Obear. McNeir agt. Hughes: order directing payment of funds to petitioner: plaintiff's attorney. C.V. Hilton: defendant's attorneys. Hamilton & Hamilton. Donnelly agt. Halliday: order overruling motion to dismiss original bill and leave granted to answer bill in twenty days: plaintiff's attorney, John Ridout: defendant's attorneys, J. I. Peyser and J. C. Sheehy Dessez agt. Dessez: order for alimony pendente lite: plaintiff's attorney. J. H. Adriaans: defendant's attorney, A. Leftwich Sinclair. In re dissolution of United States Trust Company: order instructing receiver to institute suit: attorneys. Ellis & Donaldson and J. S. Easby-Smith. Hess agt. Hess: alimony pendente lite awarded; plaintiff's attorney, Leon Shore. Bryant agt. Bryant: Charles S. Baker appointed to defend: plaintiff's attorneys. W. C. Murphy and R. A. Proctor. Bolden agt. Bolden: adjudication of contempt: defendant committed to jail for ten days: plaintiff's attorney. L. M. King: defendant's attorney, E. G. Hubert. Cady agt. Coumbe: order striking out part of answer, with leave to amend: plaintiff's attorneys. Lawrence Hufty and H. L. B. Atkisson: defendant's attorney. E. B. Frey. Washington Times Company agt. Northeast Temple and Market Company; injunction ordered: plaintiff's attorney. Louis Ottenberg: defendant's attorneys, Louis Greenberg. R. M. Hudson, John Ridout and George F. Curtis. CIRCUIT DIVISION 2-Justice Stafford. Kauffman agt. Capital Traction Company and Locke agt. same; time to file transcript extended to August 1; plaintiff's attorneys, W. J. Lambert and R. H. Yeatman: defendant's attorney, Frank J. Hogan. CRIMINAL DIVISION 1-Justice Gould. United States agt. James Thompkins. housebreaking and larcency; verdict. guilty: remanded: attorney, J. M. Murphy. United States agt. William Smith. assault to rape; plea, guilty: referred to probation officer; attorney. I. Q. H. Alward. United States agt. Walter Pickett and John Pickett. housebreaking and larceny: verdict. guilty, each; remanded: attorney. J. H. Stewart. United States agt. John R. Colwell, assualt with dangerous weapon; ver. dict, not guilty: defendant discharged; attorney. J. C. Connor. United States agt. Viola King, robbery: bench warrant issued. United States agt. John S. Kuster, non-support: bench warrant issued United States agt. Louis C. Muller, non-support; bench warrant issued. United States agt. Albert C. Wright, non-support; bench warrant issued. BANKRUPTCY DIVISION-Justice Stafford. In re Frank J. Dekowski: adjudication and reference to Ralph D. Quinter, referee. DISTRICT DIVISION-Justice Siddons. In re widening of Naylor road: Maishal directed to summon jury; returnable June 9. PROBATE DIVISION-Justice Stafford. In re Alexander G. Irvine: order authorizing payment of certain funds; attorneys, Tobriner & Graham. Estate of Susie E. Burdette: order authorizing executor to deposit funds until minor is of age; attorneys, McKenney & Flannery. Estate of Katharine Ruhl: will admitted to probate and letters testamentary granted to Jacob Ruhl; bond, $300: attorney. M. A. Mess. Estate of James H. Blodgett: will admitted to probate and letters testamentary granted to American Security and Trust Company: attorney, A. B. Leet. In re Katharine C. Donovan: order appointing John P. Donovan: bond, $4,000: attorney, M. A. Mess. Estate of John B. Erwin: will admitted to probate and letters testamentary granted to Frederick De C. Faust: bond. $900; attorneys. Faust & Wilson and R. E. McNamara. In re Mary H S Wilson: order instructing guardian: attorney Frank


Article from Evening Star, August 28, 1916

Click image to open full size in new tab

Article Text

THE COURTS. District Supreme Court. EQUITY DIVISION-Justice Siddons. Strecker agt. Hungerford; proof ordered taken before Margaret M. Murray, examiner; plaintiff's attorneys, Darr, Peyser & Koenigsberger; defendant's attorneys, J. C. Mattingly and George Q. Richmond. McCuen agt. McCuen; appearance of absent defendant ordered; plaintiff's attorneys, F. C. Simpson and C. K. Carlin; defendant's attorneys, R. R. Perry and C. C. James. Kengla agt. Kengla; error in decree of August 17 corrected; plaintiff's attorney, T. Percy Myers; defendant's attorneys, S. D. Bradley, F. A. O'Neil and H. A. Hegarty. Eichelberger agt. Eichelberger; W. C. English appointed to defend; plaintiff's attorney, E. L. Gies. Ingersoll agt. Tyler; time to file transcript extended to October 6; plaintiff's attorney, S. E. Swayze; defendant's attorneys, Maddox & Gatley, F. S. Swindell and M. C. Van Fleet. Manning agt. American Security and Trust Company; Hayden Johnson and John J. Hamilton appointed receivers; bond, $1,000; plaintiff's attorneys, C. A. Keigwin and Hayden Johnson; defendant's attorneys, Nathaniel Wilson, C. R. Wilson and Hamilton & Hamilton. In re dissolution of Franklin Insurance Company; receiver authorized to pay attorney for services; attorneys, J. J. Darlington and W. C. Sullivan. Cooley agt. Cooley; rule on defendant returnable September 1; plaintiff's attorneys, Hawken & Havell. McKnight agt. McKnight; rule returnable September 1; plaintiff's attorney, James A. O'Shea. CIRCUIT DIVISION-Justice Siddons. Evans & Evans agt. McCarthy; judgment for plaintiff because of failure of pleas; plaintiff's attorney, Edmund Brady. Chaloner agt. Washington Post Company; bill of exceptions signed (by Justice Stafford); plaintiff's attorneys, Leo P. Harlow and E. F. Colloday; defendant's attorneys, Wilton J. Lambert and R. H. Yeatman. Wiedle agt. Murray; receiver authorized to pay over certain fund; plaintiff's attorneys, Darr, Peyser & Koenigsberger; defendant's attorney, E. S. Duvall. United States ex. rel. Medecinehorn agt. Lane; time to answer rule extended; relator's attorneys, G. M. Castor and Samuel Herrick; defendant's attorneys, A. T. Vogelsang and C. Edward Wright. BANKRUPTCY DIVISION - Justice Siddons. In re James J. Fletcher; case continued before E. S. McCalmont as referee. In re Koreshan Unity Co-operative Corporation; case continued before E. S. McCalmont as referee. PROBATE DIVISION-Justice Siddons. In re Robert M. Dobbins, jr.; petition to exchange real estate filed; attorney, Paul L. Wright. Estate of Edward F. Warren; petition for letters of administration filed; attorney, J. W. Glennan. Estate of James E. White; petition to sell personal property filed; attorney, Leon Shore. Estate of Ella S. Mitchell; petition to sell personal property filed; attorney, G. E. Rausch. Estate of John R. McLean; petition of executor for leave to sell bonds and to purchase stock of the Washington Post Company; attorneys J. J. Darlington and Frank J. Hogan.


Article from The Washington Herald, August 29, 1916

Click image to open full size in new tab

Article Text

# COURT PROCEEDINGS Supreme Court, District of Columbia Equity Division. Justice Siddons. Strecker vs. Hungerford, proof ordered taken before Margaret M. Murray, examiner; plaintiff's attorneys, Darr, Peyser, and Koenigsberger; defendant's attorneys, J. C. Mattingly and George Q. Richmond. McCuen vs. McCuen, appearance of absent defendant ordered; plaintiff's attorneys, F. C. Simpson and C. K. Carlin; defendant's attorneys, R. R. Perry and C. C. James. Kengla vs. Kengla, error in decree of August 17 corrected; plaintiff's attorney, T. Percy Myers; defendant's attorneys, S. D. Bradley and F. A. O'Neil and H. A. Hegarty. Eichelberger vs. Eichelberger, W. C. English appointed to defend; plaintiff's attorney, E. L. Gies. Ingersoll vs. Tyler, time to file transcript extended to October 6; plaintiff's attorney, S. E. Swayze; defendant's attorneys, Maddox & Gatley, F. S. Swindell, and M. C. Van Fleet. Manning vs. American Security and Trust Company; Hayden Johnson and John J. Hamilton appointed receivers; bond, $1,000; plaintiff's attorneys, C. A. Keigwin and Hayden Johnson; defendant's attorneys, Nathaniel Wilson, C. R. Wilson and Hamilton & Hamilton. In re dissolution of Franklin Insurance Company, receiver authorized to pay attorney for services; attorneys, J. J. Darlington and W. C. Sullivan. Cooley vs. Cooley, rule on defendant returnable September 1; plaintiff's attorneys Hawken & Havell. McKnight vs. McKnight, rule returnable September 1; plaintiff's attorney, James A. O'Shea.