Harris County Bank & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: August 8, 1911
Location: Houston, Texas (29.763, -95.363)

Metadata

Model: gpt-5-mini
Short Digest: aa3c5347

Response Measures

None

Description

Article (Aug 8, 1911) reports the state bank examiner placed the Harris County Bank and Trust Company into the hands of the state commissioner/receiver because of alleged bad loans impairing capital. No run is mentioned; a receiver was appointed by state action.

Events (2)

1. August 8, 1911 Receivership

Newspaper Excerpt: was placed last night into the hands of the state commissioner of insurance and banking... This action was taken because of alleged loans... thus impairing the capital stock.
Source: newspapers

2. August 8, 1911 Suspension

Cause: Government Action
Cause Details: State examiner placed bank into hands of state commissioner/receiver because alleged loans could not be readily realized upon, impairing capital.
Newspaper Excerpt: The Harris County Bank and Trust Company... was placed last night into the hands of the state commissioner of insurance and banking by State Bank Examiner J. K. Woods, who is temporarily in charge.
Source: newspapers

Newspaper Articles (1)

1. August 9, 1911 The Pensacola Journal Pensacola, FL

Article from The Pensacola Journal, August 9, 1911

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Article Text

BANK AND TRUST CO. IN HANDS OF A RECEIVER By Associated Press. Houston, Texas, Aug. 8.-The Harris County Bank and Trust Company. capitalized at $50,000, was placed last night into the hands of the state commissioner of insurance and banking by State Bank Examiner J. K. Woods. who is temporarily in charge. This action was taken because of alleged loans, which, in the opinion of the department could not be readily realized upon, thus impairing the capital stock. The institution was opened for business October 1, 1907, and operated under the state guaranty fund.