Virginia Safe Deposit & Trust Corporation

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 9, 1916
Location: Alexandria, Virginia (38.818, -77.082)

Metadata

Model: gpt-5-mini
Short Digest: e3349379

Response Measures

None

Description

Newspaper articles from June–November 1916 refer to the institution as 'now defunct' with Howard W. Smith appointed receiver and court decrees directing the receiver to pay depositors. No articles describe a depositor run prior to suspension or any reopening; the bank was in receivership and litigation, indicating permanent closure.

Events (3)

1. June 9, 1916 Receivership

Newspaper Excerpt: decree was entered in the suit of T. J. Fannon against the Virginia Safe Deposit and Trust Corporation directing Howard W. Smith, receiver to pay Henry T. and James L. McCuen ... the trust company was represented by S. G. Brent.
Source: newspapers

2. June 9, 1916 Suspension

Cause: Government Action
Cause Details: Bank is described as 'now defunct' and a receiver (Howard W. Smith) was appointed; closure followed court/receiver action.
Newspaper Excerpt: a decree has been entered in the suit of T. J. Fannon and others against the Virginia Safe Deposit and Trust Corporation, now defunct, directing Howard W. Smith, receiver, to pay the sum of $1,000...
Source: newspapers

3. October 19, 1916 Other

Newspaper Excerpt: the receiver will this afternoon send out checks to depositors in that institution for three per cent. of their deposits. This will make forty-three per cent. paid out so far by the receiver.
Source: newspapers

Newspaper Articles (6)

1. June 9, 1916 Evening Star Washington, DC

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Article Text

# Health Committee Lifts Ban. Alexandria's alleged epidemic of scarlet fever has run its course and the health committee of the city council, after hearing the testimony of a number of physicians last night at a public meeting, decided to lift the ban on schools and Sunday schools. Alexandria's schools will reopen for studies Monday morning and its Sunday schools will reopen Sunday. The testimony of the physicians who attended the meeting was to the effect that the disease is on the wane, no new cases having recently been reported. The lid was put on these places last Friday afternoon, although the motion picture establishments did not close until Saturday and reopened last Tuesday. Arguments in the case of certain consumers against the Alexandria Water Company were made today in the corporation courtroom before Charles M. Broun of Roanoke, Va., representing the state corporation commission. The consumers are endeavoring to secure cheaper rates, more pressure, etc. Attorneys Howard W. Smith and Walter U. Varney argued on behalf of the consumers, and Attorney Gardner L. Boothe for the company. In the corporation court a decree has been entered in the suit of T. J. Fannon and others against the Virginia Safe Deposit and Trust Corporation, now defunct, directing Howard W. Smith, receiver, to pay the sum of $1,000 to Henry Talbot McCuen and James L. McCuen, representing the extent of the trust company as surety on a bond. C. Keith Carlin represented the complainant and the trust corporation was represented by S. G. Brent.

2. June 9, 1916 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, June 9, 1916

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Article Text

DIRECTED TO PAY $1,008 In the corporation court today a decree was entered in the suit of T. J. Fannon against the Virginia Safe Deposit and Trust Corporation directing Howard W. Smith, receiver to pay Henry T. and James L. McCuen $1,008.18, the same being 40 per cent of $2,520.47 for which the rust company was liable on the bond of William H. McCuen, guardian. Attorney C. Keith Carlin represented Henry T. and James L. McCuen and Samuel G. Brent represented Receiver Smith.

3. June 9, 1916 The Washington Times Washington, DC

Article from The Washington Times, June 9, 1916

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Article Text

ORDINATION SERVICES HELD IN ALEXANDRIA Studetns at Episcopal Theological Seminary Given Award in Final Exercises. ALEXANDRIA, June 9.-Six students of Episcopal Thelogical Seminary were ordained deacons and seven deacons ordained priests at final commencement week exercises this morning. Six bishops took part in the services. Bishops, professors of the seminary, and candidates for ordination with their presenting clergymen, after vesting in Praper Hall, marched to the chapel and took places in the choir and chancel. The bishops participating were the Rt. Rev. Robert A. Gibson, D. D., bishop of Virginia and president of the seminary; the Rt. Rev. A. Randolph, D. D., bishop of southern Virginia; the Rt. Rev. James R. Winchester. D. D., bishop of Arkansas; the Rt. Rev. William L. Gravatt, D. D., bishop-coadjutor of West Virginia: the Rt. Rev. Beverley D. Tucker, D. D., bishop-coadjutor of southern Virginia. and the Rt. Rev. William Cabell Brown. D. D., bishop-coadjutor of Virginia. The sermon was preached by the Rev. Edward T. Helfenstein, D. D., rector of St. John's Church, Ellicott City, Md., and archdeacon of Annapolis. Those Ordained Deacons. The following were ordained deacons: William Preston Pcyton, of the diocese of southern Virginia, by Bishop Randolph; Lenoir Valentine Lee, B. A., Edward W. Mellichampe, George Charles Shears, and Franklin T. Osborn, B. A. by Bishop Brown. Messrs. Lee, Mellichampe, and Shears were ordained for the diocese of Virginia, while Mr. Osborn was ordained by Bishop Brown, acting for Bishop Funsten, of Idaho, and will be transferred to Bishop Kinsolving, of southern Erazil for missionary work in that country. Rufus B. Templeton, M. A., was ordained by Bishop Winchester for work in Arkansas. The following deacons were ordained priests: The Rev. Francis Alan Parsons, of Chester. W. Va., by Bishopcoadjutor Gravatt: the Revs. Ambler M. Blackford. of Columbia, Va.; Elroy Jeffrey Jennings, of Woodberry Forest School: William Byrd Lee, jr., of St. Paul's parish. Hanover county, Va., and William Clarkson Marshall, jr., of Casanova. Fauquier county, Va., by Bishop Gibson. and the Rev. Cameron G. Richardson. of Buchanan, Va., and the Rev. Herbert Heldrguf Young, M. A., by Bishop-coadqutor Tucker, of southern Virginia. The Rev. H. H. Young has accepted a charge in Lunenburg county, Va. The Rev. Edward W. Mellichampe is assigned to Pohick and Olivet churches, Fairfav county. where he has been a lay reader for the past two years; 'the Rev. George C. Shears to St. John's Church, McLean. Fairfax county, and Epiphany, Cherrydale. Alexandria county, where he has been acting as a lay reader for some time. and the Rev. Lenior Valentine Lee will assist the Rev. W. Russell Bowie. rector of St. Paul's Church, Richmond. Pastmasters of Alexander-Washington Lodge No. 22. A. F. and A. M. occupied chairs at the meeting of the lodge last night, and conferred the master Mason's degree. In corporation court today a decree was entered in the suit of T. J. Fannon against, the Virginia Safe Deposit and Trust Corporation directing Howard W. Smith, receiver to pay Henry T. and James L. McCuen, $1,000, the same being 40 per cent of the bond of $2,500 which the trust company secured the accounts of William H. McCuen, guardian. Attorney C. Keith Carlin. represented Henry T. and James L. McCuen, and Samuel G. Brent represented Recelved Smith.

4. October 19, 1916 Alexandria Gazette Alexandria, VA

Article from Alexandria Gazette, October 19, 1916

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Article Text

Alexandria City and Suburbs A charity ball is announced for Howard W. Smith, receiver of the d Cable White, who has her son and daughter- the evening of October 31st at the Virginia Safe Deposit and Trust Cornd Mrs. William Frank- Elks' Home, to be given under the poration, will this afternoon send out t 414 Duke street, has auspices of Mrs. James B. Martin. checks to depositors in that institution for three per cent. of their deher home near Middleposits. This will make forty-three A woman's prayer meeting will be per cent. paid out so far by the receiver. held at the Ann Lee Memorial Home

5. October 27, 1916 Evening Star Washington, DC

Article from Evening Star, October 27, 1916

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Article Text

# ALEXANDRIA AFFAIRS Virginia Stores Need License to Sell Soft Drinks. # FRATERNAL VISIT PAID Special Correspondence of The Star. ALEXANDRIA, Va., October 27.-For the first time in the history of Virginia stores engaged in the sale of soft drinks will, beginning November 1, have to have a license. This is in conformity with the state prohibition laws. Nearly 100 dealers in soft drinks in Alexandria have already made application for a license for the sale of soft drinks, which will be presented to Judge Barley in the corporation court tomorrow morning. The license for the sale of such does not cost anything, although a fine is imposed, under the provisions of the law, for failure to take out the required license. One hundred members of Washington Lodge, No. 3, of Baltimore, last night paid a fraternal visit to Alexandria-Washington Lodge of Masons, they coming here on a special car. The third degree was conferred, after which there was a banquet, which was presided over by C. Page Waller, worshipful master. During the evening several of the visitors made informal addresses. At the monthly meeting of the city school board, held last night, Miss Cora Pulman, Miss Ethel McCorkle, the latter of Rockbridge, Va., were elected teachers, and Miss Ada V. Bennett was chosen substitute teacher. Other business of a routine nature was also disposed of. Baptist Board Meets. The acting board of the Potomac Baptist Association met this afternoon In the Second Baptist Church. Dr. E. B. Jackson, pastor of the First Baptist Church, presided, and the principal business that came before the board was appropriations for mission churches. The Reliance Fire Engine Company gave an oyster supper at its home last night, which was attended by a large number of members and the members of the fire committee of council and Fire Chief R. E. Gronau. During the evening a number of addresses were made. The juniors of the Alexandria High School will entertain the seniors of that school tonight. There will be a dance and refreshments will be served. Arguments are being heard today in the corporation court in chambers before Judge R. H. L. Chichester of Stafford county, Va., in the suit of Howard W. Smith, receiver of the defunct Virginia Safe Deposit and Trust Corporation, against C. Jones Rixey, former head of that company, and others. This suit is to determine the liability of J. K. M. Norton, at one time a director of the company. In the same court yesterday afternoon Judge Barley, after hearing arguments on the rule in the case of E. L. Kidd for receiving $2,193.33 on deposit at the Lovington branch in his wife's name, from R. Lee Camden, cashier of that branch, took the matter under advisement. It was alleged the money was paid out after the appointment of receivers for the 'concern. # Literary Society to Meet. The Literary Society of the Alexandria High School will hold a meeting at 7:30 o'clock Saturday night at the Lee School building. The program arranged provides for three readings, two declamations and a debate. The funeral of Evelyn Audrey Simmons, infant daughter of Mr. and Mrs. Stanley Simmons, will be held at 3 o'clock tomorrow afternoon at his parents' home, Del Ray, and services will be conducted by Rev. W. J. Morton, rector of Christ P. E. Church. Prof. C. T. Ryan of the Alexandria High School has been elected a member of the Shakespeare Society of America, which organisation is identified with the international society, which will meet in London in 1918. Monthly examinations were held during the past week at St. Mary's Academy and the first reports of this scholastic year will be announced next Thursday at 11 o'clock in the assembly hall Representative C. C. Carlin is scheduled to deliver a political speech in Leesburg, Va., tonight.

6. November 26, 1916 The Washington Herald Washington, DC

Article from The Washington Herald, November 26, 1916

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Article Text

ALEXANDRIA DECREE FINISHES LITIGATION Virginia Safe Deposit and Trust Corporation Case Concluded. THE HERALD BUREAU, R. E. Knight & Son, 621-623 King Street. Alexandria, Va., Nov. 25.-In the suit of Howard W. Smith, receiver of the Virginia Safe Deposit and Trust Corporation, against C. J. Rixey and others, the object of which was to determine the liability of Judge J. K. M. Norton, a former director of the concern, in connection with its failure, has been dismissed by Judge R. H. L. Chichester, of Fredericksburg, Va., who came to Alexandria and heard the suit in the corporation court here. Judge Chichester holds that the compromise and satisfaction set up in the plea between the plaintiff and some of the defendants is a bar to further prosecution, and he orders that the motion be overruled. He orders the suit dismissed as to J. K. M. Norton, thereby ending further litigation. Judge Chichester heard the arguments in the suit October 28. t A number of school teachers have planned to attend the eleventh annual meeting of the State educational conference in Richmond from Tuesday to Saturday. Capt. W. H. Sweeney, superintendent of schools, will leave Tuesday to attend the meeting of the superintendents, and the teachers expect to leave for Richmond Wednesday afternoon. f S. G. Blanton, principal of the high school, will attend the principals' conference. Other teachers expected to attend are C. T. Ryan, H. C. Nolley and Miss Mary Gregg. A number of teachers from Alexandria County have also planned to attend this conference, and also George W. Zachary, temporary superintendent of the schools of Alexandria County. f There will be union services at 3 o'clock Sunday afternoon in the First Baptist Church, in which the congregations of the various Protestant I churches in the city will participate. A collection will be taken up at the cont clusion of the services for the Salvation Army. Addresses will be delivered by Brig. f William Escott, of Baltimore, of the Salvation Army, and Rev. John Lee Allison, pastor of the Second Presbyterian Church. Music will be furnished by a choir under the leadership of J. T. Preston. Solos will be delivered by J. T. Preston and J. L. Foster. The opening prayer will be delivered by Rev. E. T. Kirkley, pastor of the Methodist Protestant Church, and the closing prayer by Rev. Edgar Carpenter, rector of Grace P. E. Church. Capt. Herbert Young, in charge of the Salvation Army, will preside. Colin Clarke White, of Washington. has been engaged as director of the choir of Christ P. E. Church, and he will assume the duties tomorrow and he also will give a tenor solo at the 11 o'clock services at that church tomorrow. I A number of Alexandrians today recelved commissions from Gov. Stuart as delegates to the eighth annual convention of the Southern Commercial Congress in Norfolk December 11-14. c The Laymen's League, composed of men of the different Protestant churches of the city, will hold its annual meeting at 2:30 o'clock Sunday afternoon in the Young People's Building, at which time officers will be chosen. Capt. James M. Love, U. S. A., recently assigned as inspector-intsructor of the infantry branch of the National Guard of Virginia, with headquarters in Richmond, has begun his work. Capt. Love is a native of Fairfax County and a former restdent of this city. The men's choir of the Baraca Bible Class of the First Baptist Church, will sing at the services at that church at 11 o'clock tomorrow morning. This choir comprises about forty voices. Boxes for contributions for 'Alexandria's community Christmas tree have been * placed in a number of stores. The tree will be illuminated Christmas Eve and there will be appropriate exercises. Virginia Lodge, No. 1076, Loyal Order of Moose, held a banquet at the Hotel Ram-