Mercantile Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: October 31, 1918
Location: Pittsburg, Pennsylvania (40.441, -79.996)

Metadata

Model: gpt-5-mini
Short Digest: 01326a0c

Response Measures

None

Description

Article (Harrisburg Telegraph, 1918-10-31) states that Harry S. Calvert is receiver of the Mercantile Trust Company, Pittsburgh, and that funds are in the receiver's hands for escheat proceedings. No run is mentioned; the bank is in receivership (permanently closed). OCR spelling of 'Pittsburg' corrected to Pittsburgh in city field.

Events (2)

1. October 31, 1918 Receivership

Newspaper Excerpt: Harry S. Calvert as receiver of the Mercantile Trust Company, Pittsburgh, which at one time was receiver of the former bank, has the funds now.
Source: newspapers

2. * Other

Newspaper Excerpt: Settle Escheat Case. - Unless exceptions are filed final settlement will be made within a month of the escheat proceedings of the state to get unclaimed funds of the Fifth Avenue Savings and Loan Association. McKeesport. Harry S. Calvert as receiver of the Mercantile Trust Company, Pittsburgh ... will receive $768.31 as unclaimed funds, and 10 per cent. of $933.49 the claimed deposits.
Source: newspapers

Newspaper Articles (1)

1. October 31, 1918 Harrisburg Telegraph Harrisburg, PA

Article from Harrisburg Telegraph, October 31, 1918

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Article Text

the enroliment, clerks announced. pen person 10 the Court, the polling place for the Second ward, First precinct, Steelton, was moved from 136 South Front street to 113 South Front street. These appointments were made: Charles W. Davis, to succeed Louis W. Keller, removed, as judge of elections, Sixth ward, First precinct; Michael F. Dwyer, to succeed Francis B. Dwyer, now in Y. M. C. A. work overseas, as majority inspector in the same district. Continue Sessions. - Sessions of nonsupport court, which were to have been held on Monday, and argument court, on Wednesday. have been continued again because of the epidemic. No date for hearing the cases which have been listed, has been announced yet. Ask For Charter. - Application has been made for a charter for the St. Paul's Evangelical Lutheran Church, at Sand Hill. The board of trustees includes: Levi B. Nye, Hummelstown. R. D., 1; S. S. Wanamaker and William S. Haak, Middletown, R. D., 2. The charter has been granted. Letters on Est - Letters of administration ha been issued by Deputy Register of Wills James C. Miles in the following estates: Earl C. Cover. to the widow, Martha M. Cover: John Henry Boyer. to Mary E. Boyer, and Luther L. Newman, to Robert J. Nelson. all of the city. The will of Mary E. Ellicker was probated and letters issued to W. C. Ellicker. this city. Get Building Permit. - A building permit has been issued to the Pennsylvania Railroad Company for the remodeling of 441 Market street. at a cost of $1,800. Issue Licenses. - More than 7,900 hunting licenses have been issued so far this season by County Treasurer Mark Mumma. Settle Escheat Case. - Unless exceptions are filed final settlement will be made within a month of the escheat proceedings of the state to get unclaimed funds of the Fifth Avenue Savings and Loan Association. McKeesport. Harry S. Calvert as receiver of the Mercantile Trust Company, Pittsburgh. which at one time was receiver of the former bank, has the funds now. Under the order just made by the County Court, John W. Thompson. as escheator for the state. will receive $768.31 as unclaimed funds, and 10 per cent. of $933.49. the claimed deposits. to pay the expenses of the scheat proceeding. The balance of the $933 will be distributed among a number of claimants. and the other money will be given to the state. Thomas C. McCarrell WAS attorney for Mr. Thompson. and filed the order today. after it, had been signed by the Court.