19375. Seattle Safe Deposit & Trust Company (Seattle, WA)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
trust
Start Date
June 15, 1899
Location
Seattle, Washington (47.606, -122.332)

Metadata

Model
gpt-5-mini
Short Digest
4b495b2cffa17564

Response Measures

None

Description

Articles show the Seattle Safe Deposit & Trust Company was insolvent and had a receiver appointed (June 1899) and remained in receivership through at least 1901 (litigation over fixtures and a later jury verdict). There is no mention of a depositor run; the sequence indicates suspension/insolvency with receivership (permanent closure). Dates corrected from relative references in the newspapers (receiver appointed 'yesterday' from 1899-06-16 โ†’ 1899-06-15).

Events (3)

1. June 15, 1899 Receivership
Newspaper Excerpt
Robt. Wright was appointed receiver of the Seattle Safe Deposit & Trust company yesterday, vice H. T. Hannon resigned, who expects to be absent from Seattle for an indefinite time.
Source
newspapers
2. January 13, 1900 Other
Newspaper Excerpt
Robert Wright, receiver of the Seattle Safe Deposit & Trust Company, was given permission by Judge Moore yesterday...to sue McNeill Bros., of Iowa, to recover possession of the fixtures formerly used by the Merchants' National bank.
Source
newspapers
3. January 4, 1901 Other
Newspaper Excerpt
Yesterday the jury in the case of Robert Wright against the Seattle Safe Deposit & Trust Co., returned a verdict in favor of the defendant company. Wright, as receiver of the insolvent...
Source
newspapers

Newspaper Articles (3)

Article from The Seattle Star, June 16, 1899

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Article Text

Robt. Wright was appointed receiver of the Seattle Safe Deposit & Trust company yesterday, vice H. T. hannon resigned, who expects to be absent from Seattle for an indefinite time.


Article from The Seattle Post-Intelligencer, January 13, 1900

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Article Text

BANK FIXTURES IN DISPUTE. Question Raised as to Whether They Are Part of a Building. Robert Wright, receiver of the Seattle Safe Deposit & Trust Company, was given permission by Judge Moore yesterday, in the superior court, to sue McNeill Bros., of Iowa, to recover possession of the fixtures formerly used by the Merchants' National bank. The receiver claims that the fixtures are movable and properly belong to the estate of the Deposit & Trust Company. McNeill Bros. claim ownership through the foreclosure of a mortgage on the building.


Article from The Seattle Star, January 4, 1901

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Article Text

IN THE COURTS. The case of the state against John Wilson and Harry Kelly for burglary, was tried in Judge Benson's court this morning before a jury. Roseta Huson asks for a divorce from Archibald Huson and alleges that the defendant is Inhuman. They were married at Pendleton, Or., July 17, 1899. ... W. R. Morgan, receiver for the La Port Trading Co., in the case of the Beattle Hardware Company against the La Port Trading Company, reports, and asks that he be allowed to Issue receivers' certificates in the sum of $2000 in order to carry out certain contracts and maintain the business. ... Yesterday the jury in the case of Robert Wright against the Seattle Safe Deposit & Trust Co., returned a verdict in favor of the defendant company. Wright, as receiver of the insolvent