1937. Capital Trust Company (Washington, DC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 15, 1899
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
f89ecf06

Response Measures

None

Description

No newspaper article describes a depositor run. Court actions beginning March–April 1899 led to the appointment of a receiver (Benjamin F. Leighton) and subsequent auctioning of the company's premises (June 1900) and assets (April 26, 1901). The bank ceased business and a receiver was appointed — classified as suspension_closure (suspension/closure with receiver).

Events (4)
1. March 15, 1899 Other
Newspaper Excerpt
Suit in Equity Against the Capital Trust Company ... asking that a receiver be appointed ... The suit is the outgrowth of a loan of $6,000 by J. H. Rothert to the Capital Trust Company.
Source
newspapers
2. April 21, 1899 Receivership
Newspaper Excerpt
Justice Cox yesterday issued an order requiring Charles H. Allender ... to show cause ... why he should not turn over to Benjamin F. Leighton, the receiver appointed by the court, certain funds alleged to have been in his custody.
Source
newspapers
3. June 20, 1900 Other
Newspaper Excerpt
Receiver's sale of valuable business property ... being the same property formerly occupied by the Capital Trust Company for its place of business. BENJAMIN F. LEIGHTON, Receiver Capital Trust Company.
Source
newspapers
4. April 26, 1901 Other
Newspaper Excerpt
By virtue of a decree in Equity Cause No. 20242, I will sell, at auction ... all the notes, stocks, bonds and other assets of the Capital Trust Company. B. F. LEIGHTON, Receiver.
Source
newspapers

Newspaper Articles (10)
1. March 15, 1899 The Times Washington, DC
Article from The Times, March 15, 1899

Click image to open full size in new tab

Article Text

A RECEIVER ASKED FOR. Suit in Equity Against the Capital Trust Company. James Fraser and fourteen other complainants, yesterday instituted proceedings in equity against the Capital Trust Company, the Dime Savings Bank, Adele B. Thompson, Charles H. Allender, Henry K. Simpson, and others, asking that a receiver be appointed, with power and authority to take charge of the assets and property of the defendant, the Capital Trust Company, and to collect all outstanding debts, and that the other defendants be required to deliver to the receiver, when appointed, all property in their charge. And, further, that a deed from the Capital Trust Company to John H. Rothert, one of the complainants, and the deed of the defendant Charles H. Allender to the defendant, Adele B. Thompson, be declared to be in the nature of mortgages. The suit is the outgrowth of a loan of $6,000 by J. H. Rothert to the Capital Trust Company, which was secured by deeds of lots Nos. 6, 7, 8, in square 789.

2. April 21, 1899 The Times Washington, DC
Article from The Times, April 21, 1899

Click image to open full size in new tab

Article Text

MUST APPEAR AND EXPLAIN. A Court Order in the Capital Trust Company's Case. In the case of James Frazer, John Cammack, and George Breitbarth against the Capital Trust Company and the Dime Savings Bank, asking for an accounting and the appointment of a receiver, Justice Cox yesterday issued an order requiring Charles H. Allender, the secretary and cashier of the Capital Trust Company, to show cause on next Monday at 10 a. m. why he should not turn over to Benjamin F. Leighton, the receiver appointed by the court, certain funds alleged to have been in his custody. According to the report of Receiver Leighton, Allender, instead of turning over the funds in question to the receiver, released them to Hayden Johnson, attorney for Mr. Burt, who claims to have deposited certain notes with the Capital Trust Company.

3. April 25, 1899 Evening Star Washington, DC
Article from Evening Star, April 25, 1899

Click image to open full size in new tab

Article Text

RIGHT TO HOLD NOTES. Order in Suit Against Trust Company and Others. In connection with the proceedings for an injunction and the appointment of a receiver instituted by James Fraser and others against the Capital Trust Company and others, Justice Cox today directed Charles H. Allender, one of the defendants, to place in the hands of Receiver Benjamin F. Leighton certain notes claimed by G. Rodney Burt. These notes were recently turned over to Attorney Hayden Johnson, in his capacity as counsel for Mr. Burt. It is understood that Attorney Johnson has been holding the notes as security for a claim for legal services rendered Mr. Burt. The order signed by Justice Cox today provides that Mr. Allender shall withdraw the notes from Mr. Johnson's keeping and place them in the hands of the receiver. The court allows Attorney Johnson ten days to assent any right he may have to the notes.

4. June 9, 1900 Evening Star Washington, DC
Article from Evening Star, June 9, 1900

Click image to open full size in new tab

Article Text

WILLIAM R. McCLOSKY, Trustees. je4-d&ds FUTURE DAYS. THOMAS DOWLING & CO., AUCTIONEERS. RECEIVER'S SALE OF VALUABLE BUSINESS PROPERTY, SITUATE AT THE CORNER OF THIRD STREET AND PENNSLYVANIA AVE. S.E., KNOWN A., NOS. 300 AND 302 PENNSYLVANIA AVE. S.E., AND NO. 202 THIRD ST. S.E., BEING THE SAME PROPERTY FORMERLY OCCUPIED BY THE CAPITAL TRUST COMPANY FOR ITS PLACE OF BUSINESS. Under and by virtue of a decree of the Supreme Court of the District of Columbia, passed in a cause wherein James Fraser et al. are complainants and the Capital Trust Company et al. are defendants, known as equity cause No. 20242, I will on WEDNESDAY, JUNE TWENTIETH, AT HALF-PAST FOUR P.M., in front of the premises, sell at public auction all that certain piece. parcel and lot of land, situate in the city of Washington, District of Columbia, known as and being lot numbered six (6), in James S. Edwards et al., trustees', subdivision of part of lot "A," in James P. Kibbey's subdivision of original lot four (4), in square numbered seven hundred and eighty-nine (789). as per plat recorded in Liber "J. H. K.," follo 87, one of the records of the surveyor's office of said District, together with the improvements thereon, consisting of a three-story brick building, the first and second stories of which are used for business purposes. and the third story of which contains a commodious hall. Terms of sale, as prescribed by said decree: One-third of the purchase money to be paid in cash, and the residue in equal installments at one and two years from the day of sale, secured by the promissory notes of the purchaser and a deed of trust to the satisfaction of the undersigned on the property sold, deferred payments to bear interest from the day of sale at fiverper centum per annum, or all cash, at the election of the purchaser. Or, should the purchaser prefer, $15,000 of the purchase money will be permitted to remain upon the property for a term of years at five per cent, the residue to be paid in cash, before the final ratlfication of the sale. Terms of sale to be complied with within fifteen days from day of sale; otherwise the undersigned reserves the right to resell at cost and risk of defaulting purchaser. All conveyancing. recording and revenue stamps at purchaser's cost. A deposit of $500 required on day of sale. BENJAMIN F. LEIGHTON, je9-d&ds Receiver Capital Trust Company.

5. June 14, 1900 Evening Star Washington, DC
Article from Evening Star, June 14, 1900

Click image to open full size in new tab

Article Text

THOMAS DOWLING & CO., AUCTIONEERS. RECEIVER'S SALE OF VALUABLE BUSINESS PROPERTY, SITUATE AT THE CORNER OF THIRD STREET AND PENNSLYVANIA AVE. S.E., KNOWN As NOS. 300 AND 302 PENNSYLVANIA AVE. S.E., AND NO. 202 THIRD ST. S.E., BEING THE SAME PROPERTY FORMERLY OCCUPIED BY THE CAPITAL TRUST COMPANY FOR ITS PLACE OF BUSINESS. Under and by virtue of a decree of the Supreme Court of the District of Columbia, passed in a cause wherein James Fraser et al. are complainants and the Capital Trust Company et al. are defendants, known as equity cause No. 20242, I will on WEDNESDAY. JUNE TWENTIETH. AT HALF-PAST FOUR P.M., in front of the premises, sell at public auction all that certain plece, parcel and lot of land, situate in the city of Washington, District of Columbia, known as and being lot numbered six. (6), in James S. Edwards et al., trustees', subdivision of part of lot "A," in James P. Kibbey's subdivision of original lot. four (4), in square numbered seven hundred and eighty-nine (789). as per plat recorded in Liber "J. H. K.." follo 87, one of the records of the surveyor's office of said District, together with the improvements thereon, consisting of a three-story brick building, the first and second stories of which are used for business purposes, and the third story of which contains a commodious hall. Terms of sale, as prescribed by said decree: One-third of the purchase money to be paid in cash. and the residue in equal installments at one and two years from the day of sale. secured by the promissory notes of the purchaser and a deed of trust to the satisfaction of the undersigned on the property sold, deferred payments to bear interest from the day of sale at five per centum per annum, or all cash, at the election of the purchaser. Or, should the purchaser prefer. $15,000 of the pur. chase money will be permitted to remain upon the property for a term of years at five per cent, the residue to be paid in cash, before the final ratification of the sale. Terms of sale to be complied with within fifteen days from day of sale; otherwise the undersigned reserves the right to resell at cost and risk of defaulting purchaser. All conveyancing. recording and revenue stamps at purchaser's cost. A deposit of $500 required on day of sale. BENJAMIN F. LEIGHTON. je9-d&ds Receiver Capital Trust Company.

6. June 18, 1900 Evening Star Washington, DC
Article from Evening Star, June 18, 1900

Click image to open full size in new tab

Article Text

THOMAS DOWLING & CO., AUCTIONEERS. RECEIVER'S SALE OF VALUABLE BUSINESS PROPERTY, SITUATE AT THE CORNER OF THIRD STREET AND PENNSLYVANIA AVE. S.E., KNOWN A., NOS. 300 AND 302 PENNSYLVANIA AVE. S.E., AND NO. 202 THIRD ST. S.E. BEING THE SAME PROPERTY FORMERLY OCCUPIED BY THE CAPITAL TRUST COMPANY FOR ITS PLACE OF BUSINESS. Under and by virtue of a decree of the Supreme Court of the District of Columbia, passed in a cause wherein James Fraser et al. are complainants and the Capital Trust Company et al. are defendants. known as equity cause No. 20242, I will on WEDNESDAY, JUNE TWENTIETH AT HALF-PAST FOUR P.M., in front of the premises, sell at public auction all that certain plece, parcel and lot of land, situate in the city of Washington, District of Columbia, known as and being lot numbered six (6), in James S. Edwards et al., trustees', subdivision of part of lot "A," in James P. Kibbey's subdivision of original lot four (4), in square numbered seven hundred and eighty-nine (789). as per plat recorded in Liber "J. H. K.," folio 87, one of the records of the surveyor's office of said District, together with the improvements thereon, consisting of a three-story brick building, the first and second stories of which are used for business purposes. and the third story of which contains a commodious hall. Terms of sale, as prescribed by said decree: One-third of the purchase money to be paid in cash, and the residue in equal Installments at one and two years from the day of sale, secured by the promissory notes of the purchaser and a deed of trust to the satisfaction of the undersigned on the property sold, deferred payments to bear interest from the day of sale at five per centum per annum, or all cash, at the election of the purchaser. Or, should the purchaser prefer, $15,000 of the purchase money will be permitted to remain upon the property for a term of years at five per cent, the residue to be paid in cash, before the final ratification of the sale. Terms of sale to be complied with within fifteen days from day of sale; otherwise the undersigned reserves the right to resell at cost and risk of defaulting purchaser. All conveyancing, recording and revenue stamps at purchaser's cost. A deposit of $500 required on day BENJAMIN F. LEIGHTON, of sale. Receiver Capital Trust Company. je9-d&ds

7. June 20, 1900 Evening Star Washington, DC
Article from Evening Star, June 20, 1900

Click image to open full size in new tab

Article Text

THOMAS DOWLING CO., AUCTIONEERS. RECEIVER'S SALE OF VALUABLE BUSINESS PROPERTY, SITUATE AT THE CORNER OF THIRD STREET AND PENNSLYVANIA AVE. S.E., KNOWN A., NOS. 300 AND 302 PENNSYLVANIA AVE. S.E., AND NO. 202 THIRD ST. S.E., BEING THE SAME PROPERTY FORMERLY OCCUPIED BY THE CAPITAL TRUST COMPANY FOR ITS PLACE OF BUSINESS. Under and by virtue of a decree of the Supreme Court of the District of Columbia, passed in a cause wherein James Fraser et al. are complainants and the Capital Trust Company et al. are defendants. known as equity cause No. 20242, I will on WEDNESDAY. JUNE TWENTIETH. AT HALF-PAST FOUR'P.M., in front of the premises, sell at public auction all that certain piece, parcel and lot of land, situate in the city of Washington, District of Columbia, known as and being lot numbered six (6). in James S. Edwards et al., trustees', subdivision of part of lot "A," in James P. Kibbey's subdivision of original lot four (4), in square numbered seven hundred and eighty-nine (789). as per plat recorded in Liber "J. H. K.," folio 87, one of the records of the surveyor's office of said District, together with the improvements thereon, consisting or a three-story brick butiding, the first and second stories of which are used for business purposes. and the third story of which contains a commodious hall. Terms of sale, as prescribed by said decree: One-third of the purchase money to be paid in cash, and the residue in equal installments at one and two years from the day of sale, secured by the promissory notes of the purchaser and a deed of trust to the satisfaction of the undersigned on the property sold, deferred payments to bear interest from the day of sale at five per centum per annum, or all cash, at the election of the purchaser. Or, should the purchaser prefer. $15,000 of the purchase money will be permitted to remain upon the property for a term of years at five per cent, the residue to be paid in cash. before the final ratification of the sale. Terms of sale to be complied with within fifteen days from day of sale; otherwise the undersigned reserves the right to resell at cost and risk of defaulting purchaser. All conveyancing, recording and revenue stamps at purchaser's cost. A deposit of $500 required on day of sale. BENJAMIN F. LEIGHTON. je9-d&ds Receiver Capital Trust Company.

8. April 22, 1901 Evening Star Washington, DC
Article from Evening Star, April 22, 1901

Click image to open full size in new tab

Article Text

By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash. at Dowling's Auetion Rooms. 612 E st. n.w., on FRIDAY, APRIL TWENTY-SIXTH. 1901. AT TWO P.M., all the notes. stocks. bonds and other assets of the CapItal Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver, ap20-5t Office. 416 5th st. n.w.

9. April 23, 1901 Evening Star Washington, DC
Article from Evening Star, April 23, 1901

Click image to open full size in new tab

Article Text

JOSEPH R. EDSON, CHARLES B. BAILEY, ap23,30my4&7 Trustees. By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash, at Dowling's Auction Rooms. 612 E st. D.W., on FRIDAY, APRIL TWENTY-SIXTH 1901, AT TWO P.M., all the notes. stocks, bonds and other assets of the CapItal Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver, ap20-5t Office, 416 5th st. n.w.

10. April 24, 1901 Evening Star Washington, DC
Article from Evening Star, April 24, 1901

Click image to open full size in new tab

Article Text

ap17-d&ds By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash, at Dowling's Auction Rooms, 612 E st. n.w., on FRIDAY, APRIL TWENTY-SIXTH, 1901, AT TWO P.M., all the notes, stocks, bonds and other assets of the Capital Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver. Office. 416 5th st. n.w. ap20-5t