American Bank & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: March 19, 1937
Location: Richmond, Virginia (37.554, -77.460)

Metadata

Model: gpt-5-mini
Short Digest: 504c36d0

Response Measures

None

Description

Article (Evening Star, 1937-03-19) describes the bank as 'defunct' and refers to a co-receiver of the American Bank & Trust Co. at Richmond. No run or suspension described in the excerpt; receiver in place indicates permanent closure/receivership. Used article date as the receivership/closure date reference.

Events (1)

1. March 19, 1937 Receivership

Newspaper Excerpt: Sherlock Bronson, co-receiver of the defunct American Bank & Trust Co. at Richmond and president of the hotel corporation, would disclose other details of the proposed sale or the meeting.
Source: newspapers

Newspaper Articles (1)

1. March 19, 1937 Evening Star Washington, DC

Article from Evening Star, March 19, 1937

Click image to open full size in new tab

Article Text

POWHATAN OWNERS TO GET SALE OFFER The offer of the Roger Smith hotel chains of Stamford. Conn., to purchase the Powhatan Hotel here will be submitted to stockholders of the Powhatan Hotel Corp. within the next two weeks, Arthur J. Harnett. managing director of the hotel, said today. His statement was made in connection with negotiations in progress at Richmond for sale of the Washington hotel, which is owned largely by Richmond banks. Directors of the corporation met there yesterday. "The sale, if consummated, would involve about $650,000," Harnett said. "The offer cannot be accepted without the approval of stockholders. It will be submitted to them within two weeks. If approved, the sale will be completed immediately thereafter." Neither Harnett nor Sherlock Bronson, co-receiver of the defunct American Bank & Trust Co. at Richmond and president of the hotel corporation, would disclose other details of the proposed sale or the meeting. The Smith hotel chain's principal holdings are in New York.