Continental Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: May 22, 1914
Location: Houston, Texas (29.763, -95.363)

Metadata

Model: gpt-5-mini
Short Digest: 075eb40c

Response Measures

None

Description

Article reports the Continental Trust Company of Houston was placed in the hands of a receiver by the court (closure due to internal dissensions). No run or depositor withdrawals are mentioned.

Events (2)

1. May 22, 1914 Receivership

Newspaper Excerpt: the court yesterday placed in the hands of a receiver... He declared the proceedings were the result of internal dissensions.
Source: newspapers

2. May 22, 1914 Suspension

Cause: Government Action
Cause Details: Court placed the bank in hands of a receiver following internal dissensions.
Newspaper Excerpt: Jonathan Lane president of the Continental Trust company of this city, a two million dollar concern which the court yesterday placed in the hands of a receiver, said today that he would appeal- He declared the proceedings were the result of internal dissensions.
Source: newspapers

Newspaper Articles (1)

1. May 22, 1914 Brownsville Herald Brownsville, TX

Article from Brownsville Herald, May 22, 1914

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Article Text

DISSENSIONS CAUSE HOUSTON BANK TO CLOSE (By Associated Press.) Houston, Texas, May 22.-Jonathan Lane president of the Continental Trust company of this city, a two million dollar concern which the court yesterday placed in the hands of a receiver, said today that he would appeal- He declared the proceedings were the result of internal dissensions.