Chickamauga Trust Company - Chattanooga, TN

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: December 1, 1930*
Location: Chattanooga, Tennessee (35.046, -85.310)

Metadata

Model: gpt-5-mini
Short Digest: 37276be9

Response Measures

None

Description

Article (Chattanooga Daily Times, 1933-05-18) refers to the Chickamauga Trust Company being adjudged bankrupt in December (c.1930) and a trustee in bankruptcy bringing suit in 1933. No mention of a depositor run; the bank is insolvent/in bankruptcy and remains closed. Date of adjudication is given as Dec. (likely Dec 1930 based on context referencing 1930); this is recorded as 1930-12-00. OCR errors in the article text were corrected when extracting phrases (e.g., adjudged bankrupt Dec.).

Events (3)

1. December 1, 1930* Receivership

Newspaper Excerpt: trustee in bankruptcy for the Chickamauga Trust company, against Pruden Insurance company, ... adjudged bankrupt Dec. plaintiff claims that the liabilities far exceeded ... the bankrupt paid the defendant $20,000 check ... The bankrupt tried check Trust Newark but the check honored The payment thus account and diminished estate the bankrupt, it was of Cincinnati, New Or- Clara Glass ... scheduled were continued ... next term.
Source: newspapers

2. December 1, 1930* Suspension

Cause Details: Adjudged bankrupt / insolvent (court bankruptcy proceeding)
Newspaper Excerpt: adjudged bankrupt Dec.
Source: newspapers

3. May 18, 1933 Other

Newspaper Excerpt: The civil suit of Frank A. Nelson, trustee in bankruptcy for the Chickamauga Trust company, against Pruden Insurance company, will be tried in federal court today ... trustee in bankruptcy ... scheduled were continued ... next term.
Source: newspapers

Newspaper Articles (1)

1. May 18, 1933 Chattanooga Daily Times Chattanooga, TN

Article from Chattanooga Daily Times, May 18, 1933

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Article Text

TRUSTEE'S SUIT TO OPEN IN FEDERAL COURT TODAY The civil suit of Frank A. Nelson, trustee in bankruptcy for the Chickamauga Trust company, against PrudenInsurance company, will be tried in federal court today upon preferential judgment given 1930, after Trust had alleged The Trust comadjudged bankrupt Dec. plaintiff claims that the liabilities far exceeded the largely indebted defendant for money collected well as to other creditors. While the bankrupt paid the defendant $20,000 check the First National the bankrupt tried check Trust Newark but the check honored The payment thus account and diminished estate the bankrupt, it was of Cincinnati, New OrClara Glass against Dixie Sand Gravel scheduled were continued unnext term.