Lincoln Savings & Trust Company

Bank Information

Episode Type: Suspension → Reopening
Bank Type: trust company
Start Date: February 1, 1908*
Location: Philadelphia, Pennsylvania (39.952, -75.164)

Metadata

Model: gpt-5-mini
Short Digest: 56b13757

Response Measures

None

Description

Article (dated 1915-02-10) reports that a court order directing liquidation of Lincoln Savings & Trust Co. made nearly seven years earlier was vacated and the receiver discharged because claims were satisfied and the company has a substantial balance. No run is mentioned; this is a case of a prior suspension/receivership being ended and the bank restored to good standing. The article implies the receiver was appointed about seven years earlier (~1908).

Events (2)

1. February 1, 1908* Receivership

Newspaper Excerpt: An order of the Dauphin county court made nearly seven years ago and directing the liquidation of the affairs of the Lincoln Savings and Trust Co., Philadelphia, was vacated ... The receiver, Murdock Kendrick, was discharged.
Source: newspapers

2. February 10, 1915 Reopening

Newspaper Excerpt: An order of the Dauphin county court made nearly seven years ago ... was vacated by Judge McCarrell this morning when a petition was presented ... The receiver, Murdock Kendrick, was discharged.
Source: newspapers

Newspaper Articles (1)

1. February 10, 1915 The Star-Independent Harrisburg, PA

Article from The Star-Independent, February 10, 1915

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Article Text

COURT HOUSE RECEIVER IS DISCHARGED Trust Company After Seven Years Is Restored to Good Standing An order of the Dauphin county court made nearly seven years ago and directing the liquidation of the affairs of the Lincoln Savings and Trust Co., Philadelphia, was vacated by Judge McCarrell this morning when a petition was presented to him representing that the company has satisfied the claims of all its creditors and has a substantial balance in its treasury. The receiver, Murdock Kendrick, was discharged.