19422. Pittsburgh Bank of Savings (Pittsburgh, PA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 29, 1915
Location
Pittsburgh, Pennsylvania (40.441, -79.996)

Metadata

Model
gpt-5-mini
Short Digest
3e9dcd2e

Response Measures

None

Description

Multiple newspapers (Dec 29–31, 1915) report the Pittsburgh Bank of Savings was closed by order of the Pennsylvania banking department and G. H. Getty (or C. H. Getty in one OCR instance) was appointed temporary receiver. Deposits reported ~$10,945,713. No explicit run is described in the articles; the bank was closed by state authorities and placed in receivership.

Events (2)
1. December 29, 1915 Receivership
Newspaper Excerpt
G. H. Getty, bank examiner, has been appointed temporary receiver. Deposits were $10,945,713.
Source
newspapers
2. December 29, 1915 Suspension
Cause
Government Action
Cause Details
Closed by order of the Pennsylvania banking department; state banking authorities placed the bank in receivership.
Newspaper Excerpt
The Pittsburgh Bank of Savings, one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G. H. Getty, bank examiner, has been appointed temporary receiver.
Source
newspapers

Newspaper Articles (11)
1. December 22, 1915 Harrisburg Telegraph Harrisburg, PA
Article from Harrisburg Telegraph, December 22, 1915

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proval or its corporation on t ground that there is no public nece sity for the service the company ( fers to give. The opinion establish a precedent. The company asked t right to operate in a district whe the evidence showed there were ready two companies and nothing establish that the service they ga was inadequate or that any deman had been made for service which th had not granted. It was also sho that the proposed company intend to obtain current from a tracti company and to furnish current or in portions of the township which o not have electric service. "If t commission could limit the territo as designated it would be in effect relieve the corporation from certa of the duties imposed upon it. T grant in a charter is accompanied certain burdens which have to met," says the opinion. To File Briefs. - The Public Se vice Commission has asked count for complainants and railroads volved in the charges that the r f crew law is being violated to h briefs. The commission now eleven allegations of violations befo it, eight railroads being responden The companies claim that the con plaints are based upon matters whi are open to question under the f crew act of 1913. Two More Line-Up. - Notice h been received at the State Capitol th Bedford and Monroe counties ha decided to appoint sealers of weigh and measures and to bring artic used in markets and in business u der the general State inspection lav Juniata county commissioners ha the same nfatter under considerati and there are less than five counti in the whole State whose weights a measures are not supervised. Jam Sweeney, State chief of standard who has had charge of the bure since it was created. has been in con munication with the counties whi do not have sealers and expects th the end of the coming year will S all districts protected. People Must Help. - State Dai and Food Commissioner James For in his bulletin on the activities of ] branch of the State Department Agriculture calls upon the public help the State enforce the food lav "It is recognized that unless the co sumer is interested in his own prote tion the police agencies of the Sta cannot secure him entire freedo from injury," says the commission To Push Appeals. - It is like that steps will be taken early January to present to the Dauph county court appeals from decisio of the Public Service Commissi which were made prior to the act 1915 providing that such appeals sh be taken to the superior court. The are half a dozen such cases. some them of wide importance. The oth cases will go to the superior cou automatically. Fifty-six Exempted. - The Sta Workmen's Compensation Board t day announced that fifty-six corpor tions or other large employers of lab had been exempted from necessity insuring their compensation liabili having satisfied the board of financ ability to meet claims which mig arise. In the number are the Phil delphia Rapid Transit Co., Philad phia and Reading Coal and Iron C Atlantic Refining Co., Alan Wood Ir and Steel Co., Philadelphia; Pit burgh and Lake Erie railroad, Rit Conley Manufacturing Co. and Harl son Walker Refractories Co., Pit burgh; Alpha Portland Cement C Easton: Link Belt Co., Chicago; Pen sylvania Coal Co. and Hillside Co and Iron Co., Dunmore; Americ Telephone and Telegraph Co., N York and General Electric Co., Sch nectady. Whitaker Named. - Samuel Whitaker, one of the members of t Legislature from Chester county, a a second lieutenant in Battery Phoenixville, was to-day appoint captain of the battery to succeed Ca tain Charles H. Cox, who resigne Adjutant General Stewart also a nounced that Second Lieutena Thomas J. Kernaghan had been a pointed captain and assigned to Co pany K, 3rd infantry, Philadelph and Second Lieutenant Walter Kirkwood had been appointed fir lieutenant and assigned to Compa E, 18th infantry. Dr. A. Raymo Radhams, Wilkes-Barre, has been a pointed a first lieutenant in the me ical corps and assigned to the 9th 1 fantry. The resignation of First Lie tenant S. Y. Rossiter, Company G, 16 infantry, Erie, has been accepted. State Not Involved.-The State h no funds in the .Pittsburgh Bank f Savings which closed to-day. Hearings Held Today-The Pub Service Commission to-day heard t Tamaqua-Eastern Pennsylvania a the Portage Water cases to-day. T Castle

2. December 29, 1915 Grant County Herald Lancaster, WI
Article from Grant County Herald, December 29, 1915

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Domestic Three indictments against alleged German plotters were returned by the federal grand jury. Paul Koenig and Richard Leyendecker are charged with conspiring in the United States land canal. Edmund Justice is charged with conspiraing in the United States to secure military information regarding Canadian munitions. All were released on bonds of $100,000. Before Edward Victor Palm, rich Chicagoan, can claim Dorothea Vollmer as his wife he must go out into the world and "make good." That was the ultimatum delivered to the young couple by former Congressman Henry Vollmer, Dorothea's father, when he learned of the secret marriage at Davenport, Ia. * * * The Tama building, the largest office building in Burlington, Ia., was destroyed by fire. The loss is heavy. *** James Delaney and Lee Derby were killed when an automobile in which they were riding with Amberse Lentch was struck by a Chicago & Northwestern passenger train at Humboldt, Ia. *** Surrogate Fowler of New York refused to set aside the probate of the will of Mrs. Frank Leslie in which she disposed of an estate of $1,748,550, more than $1,000,000 of which goes to the woman suffrage cause. Нэ denounced allegations that Mrs. Leslie's mother was a Louisiana negress slave. *** Approximately $1,500,000,000 (par value) of American securities, which were foreign owned when the European war started, have been absorbed in the United States during the last 16 months, financial experts said at New York. * * * The Pittsburgh Bank of Savings, one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G. H. Getty, bank examiner, has been appointed temporary receiver. Depos. its were $10,945,713. * * * Henry A. Wise Wood, representative of the American Society of Aeronautic Engineers, announced at New York his resignation as a member of the naval consulting board recently appointed by Secretary of the Navy Daniels.

3. December 30, 1915 Audubon Republican Audubon, IA
Article from Audubon Republican, December 30, 1915

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by former Congressman Henry Vollmer, Dorothea's father, when he learned of the secret marriage at Davenport. la. ... The Tama building, the largest office building in Burlington, Ia., was destroyed by fire. The loss is heavy. ... James Delaney and Lee Derby were killed when an automobile in which they were riding with Amberse Lentch was struck by a Chicago & Northwestern passenger train at Humboldt, la. ... Surrogate Fowler of New York refused to set aside the probate of the will of Mrs. Frank Leslie in which she disposed of an estate of $1,748,550, more than $1,000,000 of which goes to the woman suffrage cause. He denounced allegations that Mrs. Leslie's mother was a Louisiana negress slave. ... Approximately $1,500,000,000 (par value) of American securities, which were foreign owned when the European war started, have been absorbed in the United States during the last 16 months, financial experts said at New York. * The Pittsburgh Bank of Savings, one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G. H. Getty, bank examiner, has been appointed temporary receiver. Deposits were $10,945,713. ... Henry A. Wise Wood, representative of the American Society of Aeronautic Engineers, announced at New York his resignation as a member of the naval consulting board recently appointed by Secretary of the Navy Daniels. ... Sale of horse meat for food will be permitted in New York after January 1, the board of health announced. Nicholas Hunt, former police inspector, was appointed chief of detectives by Mayor Thompson at Chicago. Four of the men convicted in the Terre Haute election conspiracy cases were released from the United States penitentiary at Leavenworth, Kan., on parole. Those released were Joseph Strauss, Arthur Gillis, John Masselink and Maurice Walsh.

4. December 31, 1915 The Ely Miner Ely, MN
Article from The Ely Miner, December 31, 1915

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Article Text

The Pittsburgh Bank of Savings, one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G. H. Getty, bank examiner, has been appointed temporary receiver. Deposits were $10,945,713.

5. December 31, 1915 The Ely Miner Ely, MN
Article from The Ely Miner, December 31, 1915

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Domestic Fire, believed to be of incendiary origin, caused small damage on the British sugar steamer Inchmoor as she lay moored south of Brooklyn. * Two policement shot and killed three brothers at Freelanspur, Ill., when they resisted arrest on a charge of drunkenness. The dead are: John, William and Frank Wilkas. * * * Terminals are so choked with grain that railroads through western Canada have restricted shipments to such an extent as to be virtually a grain embargo, says a dispatch from Washington. * * Wong Yuen Yung, a cousin of President Yuan Shi-kai of China, was shot and killed in the Chinese quarter at San Francisco. Yung had been on a secret mission. His assailant escaped. Three indictments against alleged German plotter.3 were returned by the federal grand jury. Paul Koenig and Richard Leyendecker are charged with conspiring in the United States land canal. Edmund Justice is charged with conspiraing in the United States to secure military information regarding Canadian munitions. All were released on bonds of $100,000. James Delaney and Lee Derby were killed when an automobile in which they were riding with Amberse Lentch was struck by a Chicago & Northwestern passenger train at Humboldt, Ia. Surrogate Fowler of New York refused to set aside the probate of the will of Mrs. Frank Leslie in which she disposed of an estate of $1,748,550, more than $1,000,000 of which goes to the woman suffrage cause. He denounced allegations that Mrs. Leslie's mother was a Louisiana negress slave. * One of the weirdest storms the East has seen in many years-rain, hail and snow accompanied by thunder and lightning and a gale that reached al maximum velocity of 90 miles an hour -descended from the northwest. It caused six deaths in New York. * * When the Faneuil hall conference on eliminating economic causes of the war is held at Boston January 10 a number of plans aiming at permanent peace will be discussed. One of them will be the proposal for an international trade flag. * Stock certificates and coupon railroad bonds of $750,000 stolen from a registered mail pouch at Wilmington, Del., were found by detectives discovered in an old stove at 214 Orange street. Practically all securities were recovered. . . . Approximately $1,500,000,000 (par value) of American securities, which were foreign owned when the European war started, have been absorbed in the United States during the last 16 months, financial experts said at New York. The Pittsburgh Bank of Savings, one of the best-known institutions in the city. was closed by order of the Pennsylvania banking department and G.H. Getty. bank examiner, has been appointed temporary receiver. Deposits were $10,945,713.

6. December 31, 1915 Ladysmith News-Budget Ladysmith, WI
Article from Ladysmith News-Budget, December 31, 1915

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Article Text

Domestic Three indictments against alleged German plotters were returned by the federal grand jury. Paul Koenig and Richard Leyendecker are charged with conspiring in the United States land canal. Edmund Justice is charged with conspiraing in the United States to secure military information regardIng Canadian munitions. All were released on bonds of $100,000. ... Before Edward Victor Palm, rich Chicagoan, can claim Dorothea Vollmer as his wife he must go out into the world and "make good." That was the ultimatum delivered to the young couple by former Congressman Henry Vollmer, Dorothea's father, when he learned of the secret marriage at Davenport, Ia. & . The Tama building, the largest office building in Burlington, Ia., was destroyed by fire. The loss is heavy. * * James Delaney and Lea Derby were killed when an automobile in which they were riding with Amberse Lentch was struck by a Chicago & Northwestern passenger train at Humboldt, la. ... Surrogate Fowler of New York refused to set aside the probate of the will of Mrs. Frank Leslie in which she disposed of an estate of $1,748,550, more than $1,000,000 of which goes to the woman suffrage cause. He denounced allegations that Mrs. Leslie's mother was a Louisiana negress slave. * * * Approximately $1,500,000,000 (par value) of American securities, which were foreign owned when the European war started, have been absorbed in the United States during the last 16 months, financial experts said at New York. * The Pittsburgh Bank of Savings, one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G. H. Getty. bank examiner, has been appointed temporary receiver. Deposits were $10,945,713. ... Henry A. Wise Wood, representative of the American Society of Aeronautic Engineers. announced at New York his resignation as a member of the naval consulting board recently appointed by Secretary of the Navy Daniels.

7. January 1, 1916 Iron County News Hurley, WI
Article from Iron County News, January 1, 1916

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Article Text

The Pittsburgh Bank of Savings. one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G, H. Getty, bank examiner, has been appointed temporary receiver. Deposits were $10,945,713.

8. January 6, 1916 The Cook County News-Herald Grand Marais, MN
Article from The Cook County News-Herald, January 6, 1916

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Domestic Robert L. Knox, surveyor of customs for the port of New Orleans and prominent Louisiana attorney, shot and killed Ben Foster, an attorney of Hattiesburg, Miss., and Alex Franko, an attorney of Natchitoches, La., in the Yazoo and Mississippi Valley railroad depot at Baton Rouge, La. Checks in the sum of $10,000, the gift of James B. Duke, multimillionaire tobacco manufacturer of New York, were mailed from Trinity college' at Durham, N. C., to the superannuated preachers of North Carolina. The gasoline schooner Mahomet blew up and sank twelve miles off Cape Ann, Mass. Four of the crew were landed at Rockport, Mass., and ten are missing. The Panama canal, which has been closed since September 18 last by the worst slide in its history, was opened again for the passage of vessels drawing less than twenty feet this week. ... The Pittsburgh Bank of Savings, one of the best-known institutions in the city, was closed by order of the Pennsylvania banking department and G. H. Getty. bank examiner, has been appointed temporary receiver. Deposits were $10,945,713. Henry A. Wise Wood, representative of the American Society of Aeronautic Engineers, announced at New York his resignation as a member of the naval consulting board recently appointed by Secretary of the Navy Daniels. Sale of horse meat for food will be permitted in New York after January 1, the board of health announced. Nicholas Hunt. former police inspector, was appointed chief of detectives by Mayor Thompson at Chicago.

9. October 4, 1916 The Oklahoma City Times Oklahoma City, OK
Article from The Oklahoma City Times, October 4, 1916

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Bank Receiver to Pay Depositors PITTSBURGH Pa., Oct. 4. - The first report of C. H. Getty, receiver for the Pittsburgh Bank of Savings. just filed here. shows that since the institution has been placed in the hands of the state banking department the net earnings have amounted to $122,000 and indicates that the depositors will receive more than 80 percent of their deposits.

10. October 4, 1916 The Wheeling Intelligencer Wheeling, WV
Article from The Wheeling Intelligencer, October 4, 1916

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EARNINGS REPORTED. PITTSBURGH, Pa., Oct. 3. - The first report of G. H. Getty, receiver of the Pittsburgh Bank. of Savings, filed here today shows that since the institution has been placed in the hands of the state banking authorities the earnings have amounted to $122,200.88 after all expenses have been paid. The report also shows that there have been realized from assets, believed worthless when the receiver took charge, a total of $109,308.44. Local banking officials claim that this is the first time in the history of the state a receivership has resulted in money being earned for the depositors. In advertising for a position, do not be vague-tell what you can do.

11. December 7, 1916 The Wheeling Intelligencer Wheeling, WV
Article from The Wheeling Intelligencer, December 7, 1916

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EARNINGS REPORTED. PITTSBURGH, Pa., Oct. 3. - The first report of G. H. Getty, receiver of the Pittsburgh Bank. of Savings, filed here today shows that since the institution has been placed in the hands of the state banking authorities the earnings have amounted to $122,200.88 after all expenses have been paid. The report also shows that there have been realized from assets, believed worthless when the receiver took charge, a total of $109,308.44. Local banking officials claim that this is the first time in the history of the state a receivership has resulted in money being earned for the depositors. In advertising for a position, do not be vague-tell what you can do.