J. H. Squier & Co. - Washington, DC

Bank Information

Episode Type: Suspension → Closure
Bank Type: private
Start Date: February 17, 1886
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 38161c47

Response Measures

None

Description

The article (National Republican, 1886-02-17) refers to the failure of the bank of J. H. Squier & Co. and discusses actions by the receiver. No run or suspension event is explicitly described, but the appointment of a receiver and discussion of the bank's failure imply a suspension and permanent closure. Cause of failure is not specified in the article.

Events (1)

1. February 17, 1886 Receivership

Newspaper Excerpt: the failure of the bank of J. H. Squier & Co. ... Jesse B. Wilson, receiver, against A. B. Grunwell et al., which involves a transaction growing out of the failure of the bank of J. H. Squier & Co.
Source: newspapers

Newspaper Articles (1)

1. February 17, 1886 National Republican Washington, DC

Article from National Republican, February 17, 1886

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Article Text

# The Squier Estate in Court. The court in general term yesterday afternoon took up for hearing the equity cause of Jesse B. Wilson, receiver, against A. B. Grunwell et al., which involves a transaction growing out of the failure of the bank of J. H. Squier & Co. It is claimed that Squier was indebted to Grunwell in the sum of $25,400, and after the failure of the bank, to secure the debt, he deeded the premises, 1514 K street, at a consideration of $23,000. The question is raised as to the legality of the transfer, and whether or not the assignment conveyed any interest in the property and gave the receiver any right of equity therein.