2064. Middleton & Co. (Washington, DC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 5, 1887
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini
Short Digest
485f7d1f

Response Measures

None

Description

Articles (July 5 and July 8, 1887) refer to Middleton & Co. as a failed Washington banking firm with a receiver (Gen. Frank Morey). No run is described; the firm is in receivership and creditors are being paid a small dividend (one cent on the dollar). The failure occurred earlier (a couple of years ago) and the current reports concern the receiver's actions and distribution.

Events (2)

1. July 5, 1887 Receivership
Newspaper Excerpt
The report of Gen. Frank Morey, receiver of Middleton & Co., is not final as stated, and no final report can be made until the termination of the suits against some of the debtors of the bank now pending.
Source
newspapers
2. July 8, 1887 Other
Newspaper Excerpt
The receiver of the late firm of Middleton & Co., the Washington firm of bankers who failed a couple of years ago, announces that the creditors of the firm will receive one cent on the dollar.
Source
newspapers

Newspaper Articles (2)

Article from National Republican, July 5, 1887

Click image to open full size in new tab

Article Text

# THE SMALL THINGS OF A DAY. Minor Occurrences in and About the City. The jury in the first division will try their last circuit court case for this term to-day. Jilson Brown, 618 North Capitol street, reports stolen a black suit of clothes and a pair of gray pants, value $10. The Shipman-Fletcher case, which has held the undivided attention of Justice Hagner's court for three weeks past, starts out on its fourth week this morning. General Manager Robert Callahan, of the Glymont Company, has invited the Elks to become his guests next Saturday night. They have accepted, and won't there be fun. The report of Gen. Frank Morey, receiver of Middleton & Co., is not final as stated, and no final report can be made until the termination of the suits against some of the debtors of the bank now pending. $10 All-wool men's suits. Eiseman's, 7th & E While a lot of boys were celebrating the Fourth, on H street southwest, near Sixth street, Ross Gessford, a son of Lieut. Gessford, was very severely burned about the head and face by the explosion of a can of powder. Dr. E. C. C. Winter rendered the necessary aid.


Article from Shepherdstown Register, July 8, 1887

Click image to open full size in new tab

Article Text

The receiver of the late firm of Middleton & Co., the Washington firm of bankers who failed a couple of years ago, announces that the creditors of the firm will receive one cent on the dollar. This failure would do credit to Wall street.