19337. Mercantile Trust Company (Pittsburg, PA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
July 2, 1912
Location
Pittsburg, Pennsylvania (40.441, -79.996)

Metadata

Model
gpt-5-mini
Short Digest
2ef2ba7e

Response Measures

None

Description

Court decree placed the Mercantile Trust Company of Pittsburgh in the hands of a receiver (Harry S. Calvert) by decree of the Court of Common Pleas (decree dated July 2, 1912, amended July 20, 1912). Advertisements in August–September 1912 announce receiver's sale. No articles describe a depositor run or reopening; this is a government-ordered receivership/suspension leading to closure.

Events (3)

1. July 2, 1912 Suspension
Cause
Government Action
Cause Details
Decree of the Court of Common Pleas (Commonwealth action) placing the bank under a receiver following suit by the Attorney General.
Newspaper Excerpt
which said decree was passed by said court on July 2, 1912, and amended July 20, 1912.
Source
newspapers
2. August 15, 1912 Receivership
Newspaper Excerpt
as receiver of the Mercantile Trust Company of Pittsburgh ... HARRY S. CALVERT, Receiver of the Mercantile Trust Company of Pittsburgh.
Source
newspapers
3. September 17, 1912 Other
Newspaper Excerpt
RECEIVER'S SALE ... I will offer for sale at public auction ... on TUESDAY, SEPTEMBER SEVENTEENTH, 1912 ... PERCY H. RUSSELL. Agent ... HARRY S. CALVERT. Receiver of the Mercantile Trust Company of Pittsburgh.
Source
newspapers

Newspaper Articles (7)

Article from Evening Star, August 15, 1912

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Article Text

Receiver of the Mercantile Trust Company or Pittsburgh. au15,22,29,se5.12 THOS. J. OWEN & SON. AUCTIONEERS.


Article from Evening Star, August 15, 1912

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Article Text

THOMAS J. OWEN & SON, AUCTIONEERS. RECEIVER'S SALE OF VALUABLE FOURSTORY AND CELLAR BRICK DWELLING, TWELVE ROOMS AND THREE BATHS, NO. 1847 "U" STREET NORTHWEST. By virtue of authority vested in the undersigned. as receiver of the Mercantile Trust Company of Pittsburgh. by a decree of the court of common pleas of Dauphin county, Pennsylvania, in Cause No. 761, Commonwealth Docket 1909, wherein Commonwealth of Pennsylvania, ex rel. M. Hampton Todd, Attorney General, is plaintiff and the Mercantile Trust Company of Pittsburgh is defendant, which said decree was passed by said court on July 2. 1912, and amended July 20, 1912, I will offer for sale at public auction at the premises, on TUESDAY. SEPTEMBER SEVENTEENTH, 1912. AT HALFPAST FOUR O'CLOCK P.M.. the following described land and premises situate in the District of Columbia, distinguished as and being lot 32 in Seymour W. Tullock et al. subdivision of part of block 3, Washington Heights, as per plat recorded in County Book 12, page 54, in the surveyor's office of said District, said lot being sixteen and sixty-seven hundredths (16.67) feet by one hundred and four (104) feet, and improved as above described: sold, subject, however, to a prior deed of trust for $4,000. Terms of sale: Ten per cent (10%) of the purchase money over and above said deed of trust shall be paid when the property is stricken off, fifteen per cent (15%) additional upon confirmation of the sale by the court and the remainder of said sum in one month from the date of said confirmation, when a deed, at the expense of the purchaser or purchasers, will be delivered by the receiver and possssion of the premises given. PERCY H. RUSSELL. Agent, 9th and N, Y. ave. n.w. HARRY S. CALVERT. Receiver of the Mercantile Trust Company of Pittsburgh. au15,22,29,se5.12


Article from Evening Star, August 22, 1912

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Article Text

THOMAS J. OWEN & SON, AUCTIONEERS. RECEIVER'S SALE OF VALUABLE FOURSTORY AND CELLAR BRICK DWELLING, TWELVE ROOMS AND THREE BATHS, NO. 1847 "U" STREET NORTHWEST. By virtue of authority vested in the undersigned, as receiver of the Mercantile Trust Company of Pittsburgh, by a decree of the court of common pleas of Dauphin county, Pennsylvania, in Cause No. 761, Commonwealth Docket 1909, wherein Commonwealth of Pennsylvania, ex rel. M. Hampton Todd, Attorney General, is plaintiff and the Mercantile Trust Company of Pittsburgh is defendant. which said decree was passed by said court on July 2, 1912. and amended July 20, 1912. I will offer for sale at public auction at the premises. on TUESDAY. SEPTEMBER SEVENTEENTH. 1912. AT HALFPAST FOUR O'CLOCK P.M., the following described land and premises situate in the District of Columbia, distinguished as and being lot 32 in Seymour W. Tullock et al. subdivision of part of block 3. Washington Heights, as per plat recorded in County Book 12, page 54, in the surveyor's office of said District, said lot beIng sixteen and sixty-seven hundredths (16.67) feet by one hundred and four (104) feet, and improwed as above described: sold. subject, however, to a prior deed of trust for $4,000. Terms of sale: Ten per cent (10%) of the purchase money over and above said deed of trust shall be paid when the property is stricken off. fifteen per cent (15%) additional upon confirmation of the sale by the court and the remainder of said sum in one month from the date of said confirmation, when a deed, at the expense of the purchaser or purchasers, will be delivered by the receiver and possssion of the premises given. HARRY S. CALVERT. Receiver of the Mercantile Trust Company of Pittsburgh. PERCY H. RUSSELL. Agent, 9th and N. Y. ave. n.w. au15.22,29.se5,12


Article from Evening Star, August 27, 1912

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Article Text

THOMAS J. OWEN & SON, AUCTIONEERS. RECEIVER'S SALE OF VALUABLE FOUR STORY AND CELLAR BRICK DWELLING, TWELVE ROOMS AND THREE BATHS, NO. 1847 "U" STREET NORTHWEST. By virtue of authority vested in the under signed, as receiver of the Mercantile Trust Company of Pittsburgh, by a decree of the court of common pleas of Dauphin county. Pennsylvania, in Cause No. 761, Commonwealth Docket 1909, wherein Commonwealth of Pennsylvania, ex rel. M. Hampton Todd. Attorney General, is plaintiff and the Mercantile Trust Company of Pittsburgh is defendant, which said decree was passed by said court on July 2. 1912, and amended July 20. 1912. I will offer for sale at publie auction at the premises, on TUESDAY. SEPTEMBER SEVENTEENTH. 1912. AT HALF. PAST FOUR O'CLOCK P.M the following described land and premises situate in the District of Columbia, distinguished as and being lot 32 in Seymour W. Tullock et al. subdivision of part of block 3, Washington Heights, as per plat recorded in County Book 12. page 54, in the surveyor's office of said District, said lot being sixteen and sixty-seven hundredths (16.67) feet by one hundred and four (104) feet, and improved as above described: sold. subject, however, to a prior deed of trust for $4,000. Terms of sale: Ten per cent (10%) of the purchase money over and above said deed of trust shall be paid when the property is stricken off. fifteen per cent (15%) additional upon confirmation of the sale by the court and the re mainder of said sum in one month from the date of said confirmation, when N deed, at the expense of the purchaser or purchasets, will be delivered by the receiver and posssion of the premises given. HARRY S. CALVERT. Receiver of the Mercautile Trust Company of Pittsburgh, PERCY H. RUSSELL Agent, 9th and N. Y. ave. n.w. mul5,22,29,se5.1


Article from Evening Star, August 29, 1912

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Article Text

THOMAS J. OWEN & SON, AUCTIONEERS. RECEIVER'S SALE OF VALUABLE FOURSTORY AND CELLAR BRICK DWELLING, TWELVE ROOMS AND THREE BATHS, NO. 1847 "U" STREET NORTHWEST. By virtue of authority vested in the undersigned, as receiver of the Mercantile Trust Company of Pittsburgh, by a decree of the court of common pleas of Dauphin county. Pennsylvania, in Cause No. 761, Commonwealth Docket 1909, wherein Commonwealth of Pennsylvania, ex rel. M. Hampton Todd, Attorney General, is plaintiff and the Mercantile Trust Company of Pittsburgh is defendant, which said decree was passed by said court on July 2. 1912, and amended July 20, 1912, I will offer for sale at public auction at the premises, on TUESDAY, SEPTEMBER SEVENTEENTH, 1912. AT HALFPAST FOUR O'CLOCK P.M., the following described land and premises situate in the District of Columbia, distinguished as and being lot 32 in Seymour W. Tullock et al. subdivision of part of block 3, Washington Heights, as per plat recorded in County Book 12. page 54, in the surveyor's office of said District. said lot being sixteen and sixty-seven hundredths (16.67) feet by one hundred and four (104) feet, and improved as above described: sold. subject, however, to a prior deed of trust for $4,000. Terms of sale: Ten per cent (10%) of the purchase money over and above said deed of trust shall be paid when the property is stricken off. fifteen per cent (15%) additional upon confirmation of the sale by the court and the remainder of said sum in one month from the date of said confirmation, when a deed, at the expense of the purchaser or purchasers, will be delivered by the receiver and possssion of the premises given. HARRY S. CALVERT. Receiver of the Mercantile Trust Company of Pittsburgh. PERCY H. RUSSELL. Agent, 9th and N. Y. ave. n.w. au15,22,29,se5.12


Article from Evening Star, September 5, 1912

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Article Text

THOMAS J. OWEN & SON, AUCTIONEERS. RECEIVER'S SALE OF VALUABLE FOURSTORY AND CELLAR BRICK DWELLING, TWELVE ROOMS AND THREE BATHS, NO. 1847 "U" STREET NORTHWEST. By virtue of authority vested in the undersigned, as receiver of the Mercantile Trust Company of Pittsburgh. by a decree of the court of common pleas of Dauphin county, Pennsylvania, in Cause No. 761, Commonwealth Docket 1909, wherein Commonwealth of Pennsylvania, ex rel. M. Hampton Todd. Attorney General, is plaintiff and the Mercantile Trust Company of Pittsburgh is defendant. which said decree was passed by said court on July 2, 1912, and amended July 20, 1912, I will offer for sale at public auction at the premises, on TUESDAY, SEPTEMBER SEVENTEENTH, 1912, AT HALFPAST FOUR O'CLOCK P.M., the following described land and premises situate in the District of Columbia, distinguished as and being lot 32 in Seymour W. Tullock et al. subdivision of part of block 3, Washington Heights, as per plat recorded in County Book 12, page 54, in the surveyor's office of said District, said lot being sixteen and sixty-seven hundredths (16.67) feet by one hundred and four (104) feet, and improved as above described: sold, subject, however. to a prior deed of trust for $4,000. Terms of sale: Ten per cent (10%) of the purchase money over and above said deed of trust shall be paid when the property is stricken off, fifteen per cent (15%) additional upon confirmation of the sale by the court and the remainder of said sum in one month from the date of said confirmation, when a deed, at the expense of the purchaser or purchasers, will be delivered by the receiver and possssion of the premises given. HARRY S. CALVERT, Receiver of the Mercantile Trust Company of Pittsburgh. PERCY H. RUSSELL, Agent, 9th and N. Y. ave. n.w. au15,22,29,se5,12


Article from Evening Star, September 12, 1912

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THOMAS J. OWEN & SON, AUCTIONEERS. RECEIVER'S SALE OF VALUABLE FOURSTORY AND CELLAR BRICK DWELLING, TWELVE ROOMS AND THREE BATHS, NO. 1847 "U" STREET NORTHWEST. By virtue of authority vested in the undersigned, as receiver of the Mercantile Trust Company of Pittsburgh. by a decree of the court of common pleas of Dauphin county, Pennsylvania, in Cause No. 761, Commonwealth Docket 1909, wherein Commonwealth of Pennsylvania, ex rel. M. Hampton Todd, Attorney General, is plaintiff and the Mercantile Trust Company of Pittsburgh is defendant, which said decree was passed by said court on July 2. 1912, and amended July 20, 1912, I will offer for sale at public auction at the premises, on TUESDAY, SEPTEMBER SEVENTEENTH, 1912, AT HALFPAST FOUR O'CLOCK P.M., the following described land and premises situate In the District of Columbia, distinguished as and being lot 32 in Seymour W. Tullock et al. subdivision of part of block 3, Washington Heights, as per plat recorded in County Book 12, page 54, in the surveyor's office of said District, said lot being sixteen and sixty-seven hundredths (16.67) feet by one hundred and four (104) feet, and improved as above described; sold, subject, however, to a prior deed of trust, for $4,000. Terms of sale: Ten per cent (10%) of the purchase money over and above said deed of trust shall be paid when the property is stricken off, fifteen per cent (15%) additional upon confirmation of the sale by the court and the remainder of said sum in one month from the date of said confirmation, when a deed, at the expense of the purchaser or purchasers, will be delivered by the receiver and possssion of the premises given. HARRY S. CALVERT. Receiver of the Mercantile Trust Company of Pittsburgh. PERCY H. RUSSELL. Agent, 9th and N. Y. ave. D.W. au15.22.29.se5,12