Munsey Trust Company - Washington, DC

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: February 16, 1937
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 074da0e6

Response Measures

None

Description

Article reports a receiver (J. S. Wardell) of the Potomac Savings Bank and the Munsey Trust Co.; no mention of a prior run or temporary suspension in the excerpt. The presence of a receiver indicates the bank was placed in receivership/closed. Date of receiver action given as February 16 (year inferred 1937 from newspaper date).

Events (1)

1. February 16, 1937 Receivership

Newspaper Excerpt: Action to have him declared bankrupt was instituted February 16 by J. S. Wardell as receiver of the Potomac Savings Bank and the Munsey Trust Co.
Source: newspapers

Newspaper Articles (1)

1. June 25, 1937 Evening Star Washington, DC

Article from Evening Star, June 25, 1937

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Article Text

NOLAN HELD SOLVENT William J. Nolan, former head of an automobile. concern, was adjudged personally solvent by a jury in Bankruptcy Court yesterday. Action to have him declared bankrupt was instituted February 16 by J. S. Wardell as receiver of the Potomac Savings Bank and the Munsey Trust Co.