21099. Western Bank & Trust Company (Dallas, TX)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
January 1, 1909*
Location
Dallas, Texas (32.783, -96.807)

Metadata

Model
gpt-5-mini
Short Digest
ff718966

Response Measures

None

Description

No newspaper article describes a depositor run. Articles state the Western Bank & Trust Co. failed in January 1909 for over $1,000,000 and had a receiver (L. C./McBride). Later reporting (1910-1911) covers the receiver's testimony and the trial/appeal of former president Fred Fleming. This is a suspension/failure with receivership and permanent closure.

Events (4)

1. January 1, 1909* Receivership
Newspaper Excerpt
Receiver McBride, of the Western Bank and Trust company, was the only witness ... (articles refer to Receiver L. C. McBride).
Source
newspapers
2. January 1, 1909* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failure/insolvency in January 1909 with deficiency in excess of $1,000,000.
Newspaper Excerpt
The bank failed in January, 1909, for more than $1,000,000.
Source
newspapers
3. December 6, 1910 Other
Newspaper Excerpt
Receiver McBride ... was the only witness placed on the stand this morning in the trial of Fred Fleming, former president of the institution, charged with receiving deposits while the bank was failing.
Source
newspapers
4. June 24, 1911 Other
Newspaper Excerpt
Court of Criminal Appeals finds alleged defect in the indictment; former president Fred Fleming gets a new trial.
Source
newspapers

Newspaper Articles (8)

Article from The Prescott Daily News, September 10, 1910

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Article Text

Cashier of Defunct Bank Indicted. Dallas, Tex., Sept. 10.-Charging him with illegally receiving bank deposits, three indictments were returned in the district criminal court here against W. C. Witwer, formerly cashier of the suspended Western Bank and Trust company of this city. The bank failed in January, 1909, for more than $1,000,000.


Article from El Paso Herald, December 6, 1910

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Article Text

RECEIVER McBRIDE IS FLEMING TRIAL WITNESS. Dallas, Texas, Dec. 6.-Receiver McBride, of the Western Bank and Trust company, was the only witness placed on the stand this morning in the trial of Fred Fleming, former president of the institution, who is charged with receiving deposits while the bank was failing. McBride was only asked a few questions when the defence raised an objection to the method of showing the jury what the bank books contained, and the entire morning was consumed in argument on this point.


Article from Bryan Daily Eagle and Pilot, December 6, 1910

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Article Text

FLEMING CASE ON TRIAL. Morning Spent in Arguing an Objection of Defense. [Special to The Bryan Eagle.] Dallas. Texas. Dec. 6.-Receiver McBride, of the Western Bank & Trust Company, was the only witness placed on the stand this morning in the trial of Fred Fleming, former president of that institution, charged with receiving deposits while the bank was failing. McBride was asked only a few questions when the defense raised an objection to the method of showing the jury what the bank's books contained and the entire morning was consumed in an argument of this point.


Article from Bryan Daily Eagle and Pilot, December 9, 1910

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Article Text

FRED FLEMING'S TRIAL INTERRUPTED Judge Adjourned Court Because Granddaughter of Juror Was Dying. [Special to The Bryan Eagle.] Dallas, Texas, Dec. 9.-Receiver L. C. McBride was the only witness on the stand this morning in the case of Fred Fleming, former president of the Western Bank & Trust Company, charged with receiving deposits when he knew the bank was failing. Before the examination of McBride was completed it was announced that the granddaughter of Juror T. M. Brown was dying of pneumonia, and Judge Seay adjourned court. The trial may not be resumed until Monday.


Article from The Waxahachie Daily Light, December 9, 1910

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Article Text

COURT ADJOURNS TEMPORARILY Illness of Grand Juror Causes Suspension of Fleming Trial. Texas News Service Special. Dallas, Texas, Dec. 9. Receiver L. C. McBride of the Western Bank and Trust company was the only witness on the stand this morning in the case of Fred Fleming, former president of the institution. Before the examination of McBride was completed it was announced that Grand Juror Brown was dying of pneumonia and Judge Seay adjourned court. The trial may not be resumed until Monday.


Article from The Waxahachie Daily Light, December 12, 1910

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Article Text

McBride Still on Stand. Texas News Service Special. Dallas, Texas, Dec. 12.-L C. MeBride, receiver of the defunct Western Bank and Trust company. is on the stand again today in the trial of Fred Fleming. the former president of the bank, who is accused of receiving deposits when he knew the institution was insolvent.


Article from Bryan Daily Eagle and Pilot, December 13, 1910

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Article Text

McBride on Witness Stand. [Special to The Bryan Eagle.] Dallas, Texas, Dec. 13.-L. C. McBride, receiver of the Western Bank & Trust Company, was on the witness stand today in the trial of Fred Fleming, former president of the bank, charged with receiving deposits knowing the bank to be insolvent.


Article from The Waxahachie Daily Light, June 24, 1911

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Article Text

# COURT REVERSES THE # FRED FLEMING CASE FORMER PRESIDENT OF WEST- ERN BANK COMPANY GETS A NEW TRIAL. Court of Criminal Appeals Finds Al- leged Defect in the Indictment. Davidson Writes the Opinion. Associated Press Special. Austin, Texas, June 24.-Presid- ing Judge Davidson of the criminal court of appeals required twenty-six pages to reverse and remand the case of Fred Fleming, who had been convicted at Dallas on a charge of accepting deposits when he was al- leged to have known that the Wes- tern Bank and Trust company was in an insolvent and failing condi- tion. Error is found in the court's charge defining "insolvency" in not properly instructing the jury unde- what circumstances Fleming would be held in law in giving his assent to receiving deposits where money received by another person, it having been shown in this case that Fleming did not actually receive the deposits, but an employe of the bank did. Judge Davidson holds the indict- ment defective in that it did not al- lege that the check, which forms a basis of this case and which was payable to the order of McAlister, was indorsed by him at the time of delivery to the bank. The opinion also holds that the testimony of McBride was inadmissi- ble because the witness testified to facts about the conduct of the bank from his receiver's report, which was compiled by others, he having no personal knowledge of the facts thus testified to.