1984. Fidelity Building and Loan Association (Washington, DC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 13, 1894
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
9b12e171

Response Measures

None

Description

Newspaper items (Dec 1894–Jan 1895) report that receivers were appointed for the Fidelity Building and Loan Association and that a receiver (G. Hatley Norton) was handling funds; no mention of a depositor run or subsequent reopening. Therefore this appears to be a suspension that led to receivership/closure. Cause is not specified in the articles.

Events (3)

1. December 13, 1894 Suspension
Cause Details
Articles report appointment of a receiver but do not specify the trigger (insolvency, fraud, or run).
Newspaper Excerpt
Ramsey agt. Fidelity Building and Loan Association; order appointing receiver amended.
Source
newspapers
2. December 15, 1894 Other
Newspaper Excerpt
Receivers were appointed for the Columbia and Fidelity Building and Loan Associations.
Source
newspapers
3. January 22, 1895 Receivership
Newspaper Excerpt
Edward Blatt and others have asked Judge Cox to direct Receiver G. Hatley Norton of the Fidelity Building and Loan Association to cease depositing the funds In the First National Bank of Alexandria, Va., and deposit them in this jurisdiction.
Source
newspapers

Newspaper Articles (3)

Article from Evening Star, December 13, 1894

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Article Text

# THE COURTS. Court of Appeals.-Chief Justice Alvey and Associate Justices Morris and Shepard. Admissions, Alfred M. Fuller and Elbert Dent. United States agt. H. W. Howgate; petition for allowance of appeal from an order overruling demurrer to indictments argued by A. S. Worthington and J. M. Wilson in support and A. A. Birney in opposition. No. 370, United States ex rel. Kerr agt. District of Columbia; commissioner's argument concluded. Special dockets, Nos. 2 and 3, Chapman agt. United States and Macartney agt. United States; argument commenced by J. M. Wilson for appellants. No. 354, Otterback agt. Patch; judgment affirmed, with costs, opinion by Mr. Chief Justice Alvey. Equity Court No. 1-Judge Cox. Central National Bank agt. Johnson; sale decreed, with Job Barnard trustee to sell. Brown agt. Chase; pro confesso against defendant, Katherine Chase, ordered, and trustees ordered to report proceeds of sale. Burns agt. Mullett; pro confesso against defendant, Mullett, ordered. Ricketts agt. Ricketts; divorce a vin. mat. granted. Leitch agt. Work; decree dismissing bill. Pollard agt. Lybrand; bill dismissed, without prejudice. Walter agt. Bevans; settlement of title, and trustees directed to convey. Ramsey agt. Fidelity Building and Loan Association; order appointing receiver amended. Equity Court No. 2-Judge Hagner. Haines agt. Todd; case submitted. Circuit Court No. 1-Judge Bradley. Pierce agt. Schneider; verdict for defendant. Pierce agt. Vinson; juror withdrawn. Becker agt. McCobb; judgement by default. In re estate of Maria Cole; on hearing. Washington Building Lime Company agt. Jackson Jones Co.; plaintiff allowed to withdraw original notes and protest on filing copies. Kline & Co. agt. Lendner; judgment by default. Newton agt. Augusta; judgment for defendant on agreed facts. Circuit Court No. 2-Chief Justice Bingham. Saltzstein agt. Shepherd; verdict for plaintiff for $350. United States agt. Storr; judgment by default, and jury of inquisition, verdict for plaintiff for $73.78. C. and C. Electric Motor Co. agt. John Lyon; verdict for plaintiff for $655. Hirsh agt. Frank; order directing register to pay funds in his hands. Criminal Court No. 2.-Judge Cole. United States agt. Wm. A. Clark, perjury; defendant arraigned; plea, not guilty. United States agt. Lewis Williams, larceny; do. United States agt. Frank Johnson, housebreaking; do. United States agt. Chas. Willis, perjury; do. United States agt. Daniel Brooks and Dennis Johnson, housebreaking; do. United States agt. Jno. Pitcher and Frank Brown, housebreaking; defendants arraigned; plea, guilty and sentenced to reform school. United States agt. Lewis Wood, housebreaking; verdict, not guilty, by reason of insanity. United States agt. Fred J. Owens, larceny; recognizance, $500, taken with Wm. Harnedy surety. United States agt. Fred J. Owens, conspiracy; recognizance, $1,000, taken with same surety. Probate Court.-Judge Hagner. Estate of Wm. Hendley; petition for letters of administration filed. Estate of Harriet Ordway; claim filed. Estate of Wm. E. Dugger; renunciation and assent of next kin filed. Estate of Wm. G. Palmer; inventory filed. Estate of Lillian B. Malord; will filed. Estate of Leroy Tuttle; do.


Article from Evening Star, December 15, 1894

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Article Text

THE WEEK. The House of Representatives took a spurt this week and passed three appropriation bills-the urgent deficiency, fortifications and Military Academy-and made fair progress on the pension bill. Mr. Cockran secured a record-making vote on the appropriation for the collection of the income tax by moving to recommit the bill with instructions to strike it out, but his motion was defeated by 120 majority, the vote standing 49-169. In the Senate an unsuccessful attempt was made by Senator Gray to have considered the bill striking out all differential duty in favor of refined sugar, and leaving all sugar dutiable at 40 per cent ad valorem. A majority vote of ten against taking up closure resolution, which followed, indicates, it is believed, the improbability of changing the rules at this session. The House banking and currency committee held numerous hearings regarding a change in the system of issuing the nation's money. The views of many bankers were given. Mr. Springer is to submit a banking and currency bill, which is to be pushed through the House. It will probably fail in the Senate. The struggle over the bill to authorize railroad pooling was terminated in the House of Representatives by the passage of the bill by the decisive vote of 166 to 110. Senator Bate from the committee on military affairs presented a favorable report on the bill creating a national park out of the battlefield of Shiloh. A tornado did considerable damage in Forsythe, Texas. The first shipment of oysters in crates to England was made from Newport News, Va. Several large oil producing companies in Ohio propose to consolidate and form an opposition to the Standard Oil Company. The Southern Hotel, at Chattanooga, Tenn., was burned; all the guests escaped but C. S. Todd, who was badly injured. A congress was held at Los Angeles in favor of a division of California into two states. Dr. Edward St. George Courtney was put on trial in St. Louis for shooting Miss Minnie Schilling. The California republicans will contest the election of James H. Budd as governor. The cruiser Minneapolis, the fastest ship in the world, went into commission Thursday at the League Island navy yard. ExGov. Tillman was elected United States Senator from South Carolina, his majority over all in the vote in the lower house of the legislature being 107. Foreign. Sir John Thompson, the Canadian prime minister, died suddenly while taking lunch with members of the British cabinet at Windsor, England. Only a short time before his death he had been sworn in as a d member of the privy council. It is posed that death was caused by heart discase. Prince Hohenlohe outlined his policy as chancellor in the German reichstag, dwelling upon the necessity of financial reform, the maintenance of the colonial policy, the necessity of co-operation between the state and religion, and declaring that the just demands of the agrarians would be satisfied. The ministers of the Newfoundland government tendered their resignations owing to the financial crisis. The colony will likely be forced to default on the $250,000 interest on the public loan due on January 1. A crisis in the Italian ministry is threatened as the result of ex-Premier Gioletti placing in the hands of the president of the chamber of deputies important documents relating to the Bank of Rome scandals, with which his name had been connected. The standing order committee of the reichstag rejected the proposition to prosecute Herr Liebknecht for recent utterances. The German government has instructed the Hamburg chamber of commerce to investigate complaints that recent importations of petroleum from the Standard Oil Company are of an inferior quality. Freiherr Von Berlepsch, the German minister of commerce, has tendered his resignation owing to the fact that the ministry has rejected bills which he had drafted. Joseph Zemp was elected president of the Swiss federal council. Ten thousand enthusiastic Hungarians marched in the procession through the streets of Buda Pesth in celebration of the signing of the religious liberty bills by the emperor. Advices from China state that Li Hung Chang, the viceroy who was deprived of so many peacock feathers, has been restored to favor, the court finding that his services are indispensable. Prince Adolphus of Teck, brother of the Duchess of York, was united in marriage to Lady Margaret Grosvenor, third daughter of the Duke of Westminster, at Eaton Hall, Chester, England. Advices from the New Hebrides state that several of the largest islands have nearly been destroyed by earthquakes and volcanic eruptions, and many persons have perished. The United States cruiser Detroit arrived at Naples with the Vatican relics that were exhibited at the world's fair at Chicago. In the District. The organization of the board of trade for the work of the year was completed by the appointment of the standing committees. The enemies of the free public library bill managed to have it referred to the committee on public buildings and grounds, thus probably destroying its prospects for the present session. Frederick Law Olmstead, the landscape engineer, made a report favoring the plan of street extension as prepared by Commissioner Powell. Receivers were appointed for the Columbia and Fidelity Building and Loan Associations. The national conference of state boards of health was in session during the week. The last case left the smallpox hospital, and it was closed for the season. A bill to locate the proposed municipal building on Judiciary Square was approved by the Senate District committee. Owing to the announcement of reduction in the pay of the employes of the Metropolitan street railway, the drivers and conductors left the cars of both branches standing on the street; conference with President Phillips resulted in a compromise, and the men resumed work this morning, after all travel had


Article from Evening Star, January 22, 1895

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# Depositing the Funds. Edward Blatt and others have asked Judge Cox to direct Receiver G. Hatley Norton of the Fidelity Building and Loan Association to cease depositing the funds In the First National Bank of Alexandria, Va., and deposit them in this jurisdiction. They claim that he has made no report, and while they do not object to the receiver collecting the funds, they desire the court to restrain him from taking them out of the court's jurisdiction.