Tradesmens Trust Company - Philadelphia, PA

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: June 22, 1917
Location: Philadelphia, Pennsylvania (39.952, -75.164)

Metadata

Model: gpt-5-mini
Short Digest: 445f06d3

Response Measures

None

Description

Articles (June–Aug 1917) describe the Tradesmens Trust Company as defunct with receivers and final accounting filed. No article describes a depositor run; the bank was in receivership and is permanently closed. I infer a prior suspension/closure leading to receivership though the suspension date/cause is not stated.

Events (3)

1. June 22, 1917 Receivership

Newspaper Excerpt: Auditors appointed by the Court to audit, settle and adjust the Fifth and Final Account of Percy M. Chandler, Receiver of the Tradesmen's Trust Company... June 22, 1917.
Source: newspapers

2. August 29, 1917 Other

Newspaper Excerpt: Receivers for the defunct Tradesmens Trust Company, of Philadelphia, today filed their final accounting in the Dauphin County Court at Harrisburg, showing on hand receipts amounting in all to $42,159.
Source: newspapers

3. * Suspension

Cause Details: Bank is described as 'defunct' and in receivership; no specific cause (insolvency reason) given in the articles.
Newspaper Excerpt: Receivers for the defunct Tradesmens Trust Company, of Philadelphia, today filed their final accounting...
Source: newspapers

Newspaper Articles (2)

1. June 23, 1917 Harrisburg Telegraph Harrisburg, PA

Article from Harrisburg Telegraph, June 23, 1917

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Article Text

In the Court of Common Pleas of Dauphin County, Pa. - No. 219 Commonwealth Docket, 1911 - Commonwealth of Pennsylvania Ex Rel. John C. Bell, Attorney General, vs. Tradesmen's Trust Company. In the Matter of the Fifth and final Account of Percy M. Chandler, Receiver. THE Auditors appointed by the Court to audit, settle and adjust the Fifth and Final Account of Percy M. Chandler, Receiver of the Tradesmen's Trust Company, and to make distribution of the balance in the hands of the Accountant, will meet the parties interested for the purpose of their appointment on Monday, July 9, 1917, at 11 o'clock A. M., at No. 1730 Land Title Building in the city of Philadelphia, when and where all parties interested are required to make and prove their claims or be debarred from coming in upon said fund. EUGENE SNYDER, HENRY S. BORNEMAN, Auditors. June 22, 1917.

2. August 29, 1917 Evening Public Ledger Philadelphia, PA

Article from Evening Public Ledger, August 29, 1917

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Article Text

Receivers File Final Account Receivers for the defunct Tradesmens Trust Company, of Philadelphia, today filed their final accounting in the Dauphin County Court at Harrisburg, showing on hand receipts amounting in all to $42.159. This is equal to 4 per cent for the creditors. The receivers are Henry S. Borneman, Philadelphia, and Eugene Snyder, Harrisburg.