2189. Washington City Savings Bank (Washington, DC)

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: January 1, 1873*
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 1515e254

Response Measures

None

Description

The bank suspended in 1873 owing depositors $2,000,000 and never resumed normal operations; a receiver (William F. Mattingly) administered dividends and final court decree in 1883 closed the matter. No run is described in the articles. 'Savings Bank' suggests a state-charter savings institution; chosen as 'state'.

Events (3)

1. January 1, 1873* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Suspension in 1873 due to insolvency/shortfall leaving $2,000,000 owed to depositors.
Newspaper Excerpt: THE Washington city savings bank, which suspended in 1873, owing $2,000,000 to depositors, has just paid its last dividend, making dollar for dollar restored.
Source: newspapers

2. November 6, 1882 Receivership

Newspaper Excerpt: WASHINGTON CITY SAVINGS BANK. A dividend of 5 per centum will be paid to depositors on and after NEXT MONDAY, the 13th instant ... WILLIAM F. MATTINGLY, Receiver.
Source: newspapers

3. May 3, 1883 Receivership

Newspaper Excerpt: The payment by the receiver of dividends to creditors of said Bank having been heretofore decreed in this cause aggregating one hundred per centum, it is, this third day of May, A. D. 1883, ... ordered, adjudged and decreed that all depositors ... be forever debarred from making any claim ... unless their claim ... be presented ... before the first day of January, A. D. 1884.
Source: newspapers

Newspaper Articles (13)

1. November 6, 1882 Evening Star Washington, DC

Article from Evening Star, November 6, 1882

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SPECIAL NOTICES. SPECIAL NOTICE. There will be a Stockholders' meeting of the Washinrton and Chesareake Railroad, at Suitland. Md., NOVEMBER THE SEVENTH, for the purpose of electing seven directors for the ensuing year. 1t S. T. SUI:, Treasurer. WASHINGTON CITY SAVINGS BANK. A dividend of 5 per centum will be paid to depositors on and after NEXT MONDAY, the 13th instant, at the office, on soath side of Louisiana avenue, next to corner of 7th street northwest. Depositors are notified to leave their books for settlement. WILLIAM F. MATTINGLY, n6-6t Receiver. THE MEMBERS OF NAVAL LODGE, NO. 4, F. A. A. M., will assemble at their hall, corner of 5th street and Virginia avenue southeast, on Wednesday. 8th inst., at 1 o'clock p. m. sharp, to attend the faneral of ourlate brother, SAMUEL T. ELLIS. Members of sister Lodges are cordially invited. By order of the W. M. 1662 GEORGE SCHULTZ, Secretary. GRAND LODGE F. A. A. M. OF THE DISTRICT OF COLUMBIA. The members of the fraternity are invited to meet the M. W. Grand Master and other Grand Officers in the Concert Room, Masonic Temple, TUESDAY, Novem ber 7, at 8 p.m., on which occasion addresses will be delivered by Dr.John M. Browne, P. G. Master, of Califoraia, and John W. Simonds, P. G. Master. of New York. The Annual Communication will take place WEDNESDAY. November 8, at 6 o'clock p.m. By order of the M. W. G. Master. n6-2t WM. R. SINGLETON, Grand Secretary. ONLY TWO BOTTLES. H

2. November 6, 1882 Evening Star Washington, DC

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The Courts. COURT IN GENERAL TERM. Saturday, Fisk, Flagg & Clark agt. Hollander Bros. argument concluded and submitted. To-day, in re., Addicks' patent for electro-dynamo machine; on hearing. CIRCUIT COURT-Judge MacArthur. Saturday, Utermehle agt. McCreary; judgment by default. Walters agt. Latham et al.; motion for judgment overruled and leave to plead in twenty days. Waggaman agt. Godfrey & Randall; motion to strike out plea of title granted. Washington Brick Machine Company agt. Cook: judgment granted. Ripley agt. Williams; demurrer sustained. Waugh agt. Boyle & Close; judgment refused. To-day, Frey and Schmedt agt. Juvenal; plaintiff called and suit dismissed. Hammond agt. Williams; defendant called and judgment. EQUITY COURT-Judge Hagner. Saturday. Johnson agt. Eaton; John W. Warner appointed trustee in place of Daniel L. Eaton, deceased. Walter et al. agt. Ward: injunction awarded. Crandell agt. Washington City Savings Bank; order for receiver to pay 5 per cent dividend. Homans agt. Cutler; trustee directed to perfect title to lot 6, square 729. To-day, Shoemaker agt. Campbell; sale ordered Marshall agt. Marshall; guardian ad litem. Farley agt. Green et al.; sale ratified and reference to state account, &c.

3. November 7, 1882 Evening Star Washington, DC

Article from Evening Star, November 7, 1882

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WASHINGTON CITY SAVINGS BANK. A dividend of 5 per centum will be paid to depositors on and after NEXT MONDAY. the 13th instant, at the office, on south side of Louisiana avenue, next to corner of 7th street northwest. Depositors are notified to leave their books for settlement. WILLIAM F. MATTINGLY, n6-6t Receiver.

4. November 8, 1882 National Republican Washington, DC

Article from National Republican, November 8, 1882

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SPECIAL NOTICES. NOW IS THE TIME TO GET HORSE COVERS, and HAISLETT, No. 817 MARKET SPACE, is the man to make them. A Water-proof Cover will save your horse from nos sickness: and your harness from rotting. WASHINGTON CITY SAVINGS BANK. A dividend of 5 per centum will be paid to depositors on and after MONDAY, the 13th Instant, at the office, on south side of Louisiana avenue, next to corner of Seventh street northwest. Depositors are notified to leave their books for settlement. WILLIAM F. MATTINGLY, no6-St Receiver. us GRAND LODGE, F. A. A. M., OF THE District of Columbia- - The members of the fraternity are Invited to meet the M. W. Grand Ma+ ter and other Grand Officers in the concert room. Masonle Temple TUESDAY, November at8o'clock D. m., on which occasion addresses will be delivered by Dr. John M. Browne, P. G. Master of California, and John W. Simons, P. G. Master of New York. The annual communication will take place WEDNESDAY, November 8, at 6 o'clock p. m. By order of the M. W. Grand Master, not 3t W. R. SINGLETON, Grand Secretary.

5. November 10, 1882 Iowa County Democrat Mineral Point, WI

Article from Iowa County Democrat, November 10, 1882

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THE Washington city savings bank, which suspended in 1873, owing $2,000,000 to depositors, has just paid its last dividend, making dollar for dollar restored.

6. November 10, 1882 National Republican Washington, DC

Article from National Republican, November 10, 1882

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SPECIAL NOTICES. NOW IS THE TIME TO GET HORSE ⑉ COVERS, and HAISLETT, No. 817 MARKET SPACE, is the man to make them. A Water-ploof Cover will save your horse from nos sicknessand your harness from rotting. WASHINGTON CITY SAVINGS BANK. A dividend of 5 per centum will be paid to depository on and after MONDAY, the 13th Instant, at the office, on south side of Louisiana avenue, next to corner of Seventh street northwest. Depositors are notified to leave their books for settlement. WILLIAM F. MATTINGLY, no6-6t Receiver.

7. November 16, 1882 The Emporia Weekly News Emporia, KS

Article from The Emporia Weekly News, November 16, 1882

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HERE AND THERE. Will the railroad companies take the hint. Moral for Republicans: Don't monkey too much with the buz-saw. The present capital stock of the San12 Fe road is $56,032,200. We reckon John Walruff, of Lawrence, will conclude it is not necessary to "go somewhere." The number of "America's greatest emotional actresses" on the stage this year is larger than ever. Twenty-eight Mormon missionaries and 395 English converts arrived at New York Friday. Recruiting for the twin relic was never livelier. It took 12,000 barrels of beer to keep up the enthusiasm of the Pennsylvanians during the late week of bi-centennial pageant in Philadelphia. The Washington City Savings bank, which suspended in 1873 owing $2,000,000 to depositors, has just paid its last dividend, making dollar for dollar restored. The bloodbound in one of the Uncle Tom Cabin companies broke loose the other day and eat up the donkey, and a local paper blames him for robbing the public of the best actor in the troupe. An astronomer at Rochester, N.Y., the other morning, saw what appeared to be a red ball of fire pass nearly half around the nucleus of the comet, and then disappear. He must have been a Republican and the phenomins must have occurred the morning after election. An exhibition of skill with the larial at Austin, Texas, a few days ago drew a crowd of 10,000 persons. Ten cowboys contested for a silver-trimmed saddle worth $300, to be given to him wh

8. November 16, 1882 Evening Star Washington, DC

Article from Evening Star, November 16, 1882

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Washington City Savings Bank Settle= ment. To the Editor of THE EVENING STAR: Seeing in your issue of yesterday a reference to the final settlement of the Washington City Savings Bank under the heading, "A Wonderful Case," aquestion arose in my mind "how many of those depositors who are now receiving their last instalment from this bank know to whom they are indebted for thus protecting their interest?" Had the application to the court, asking to have a receiver appointed, been delayed one hour later than it was, the bank would have been thrown into bankruptey-all its securities forced on the market and sold when no one wanted securities, but everybody wanted money, and there would not have been a depositor who would ave receivedh more than twenty-five cents on the dollar. At the earnest request of Mr. Ruff. Mr. Germond Crandell consented to allow his name to be used for the petition for a receiver, and to him more than any other man are the depositors indebted for their money. But while they were benefitted, I am told that he was a very heavy loser in his business by the people not understanding the nature of the case and blaming him for closing the bank. CITIZEN.

9. November 16, 1882 River Falls Journal River Falls, WI

Article from River Falls Journal, November 16, 1882

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THE Washington city savings bank, which suspended in 1873, owing $2,000,000 to depositors, has just paid its last dividend, making dollar for dollar restored.

10. May 7, 1883 Evening Star Washington, DC

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THE SUPREME COURT OF THE DISTRICT I OF COLUMBIA SITTING IN EQUITY, MAY 3, 1883. GERMOND CRANDELL vs. WASHINGTON CITY SAVINGS BANK-3423, Eq. Doc. 12: The payment by the receiver of dividends to creditors of said Bank having been heretofore decreed in this cause aggregating one hundred per centum, it is, this third day of May, A. D. 1883, on motion of William F. Mattingly. Receiver, ordered, adjudged and decreed that all depositors in the Washington City savings Bank, defendant herein, and their assigns, be, and they are hereby. forever debarred from making any claim or demand against said defendant, the receiver in this cause, or the assets in his hands, unless their c'aim for undrav wn dividends be presented to said Receiver before the first day of January, A. D. 1884; provided notice of this order be published atleast three times a week for four successive weeks from this day, and three times a week for six successive weeks prior to said January 1st, 1884, in two or more newspapers published in the city of Washington, D. C. CHARLES P. JAMES, Justice. A true copy. Test-R. J. MEIGS, Clerk. my7, 8, 9sec4w By M. A. CLANCY, Ass't Clerk. AERZEN LAGER BEER.-HAVING THE SOLE M Agency for Bottling CHR. HEURICH'S SUPERIOR MAERZEN LAGER BEER, I am prepared to fill all orders. Price. 90 cents per dozen: $1.75 per case: and am still Bottlink my CELEBRATED PREMIUM BEER kept by all first-class grocers. JAMES BUTLEB. my7-36° 1237 20th street northwest.

11. May 9, 1883 Evening Star Washington, DC

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E. C. KNIGHT, ap20 1732 Pennsylvania avenue. IN THE SUPREME COURT OF THE DISTRICT OF COLUMBIA SITTING IN EQUITY, MAY 3, 1883. GERMOND CRANDELL VE. WASHINGTON CITY SAVINGS BANK-3423, Eq. Doc. 12: The payment by the receiver of dividends to creditors of said Bank having been heretofore decreed in this cause aggregating one hundred per centum, it is, this third day of May, A. D. 1883, on motion of William F. Mattingly. Receiver, ordered, adjudged and decreed that all depositors in the Washington City Savinge Bank, defendant herein, and their assigns, be. and they are hereby, forever debarred from making any claim or demand against said defendant, the receiver in this cause, or the assets in his hands, unless their claim for undrawn dividends be presented to said Receiver before the first day of January, A. D. 1884; provided notice of this order be published at least three times a week for four successive weeks from this day. and three times a week for six successive weeks prior to said January 1st, 1884. in two or more newspapers published in the city of Washington, D. C. CHARLES P. JAMES, Justice. A true copy. Test-R. J. MEIGS, Clerk. my7, 8, 9&cc4w By M. A. CLANCY, Ass't Clerk. VOYAGERS TO EUROPE. J. W. BOTELER & SON Are the Agents for the sale of tickets in this District of the INMAN STEAMSHIP CO. Parties proposing to visit Europe can obtain all information by applying to J. W. BOTELER & SON, ap11-3m 923 Penn. Ave. CUNNINGHAM, HATTER, Has the SPRING-STYLE BLOCK. fb 811 H street northwest.

12. May 11, 1883 Evening Star Washington, DC

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THE SUPREME COURT OF THE DISTRICT l' OF COLUMBIA SITTING IN EQUITY, MAY 3, 1883. GERMOND CRANDELL vs. WASHINGTON CITY SAVINGS BANK-3423, E.g. Doc. 12: The payment by the receiver of dividends to creditors of said Bank having been heretofore decreed in this cause aggregating one hundred per centum, it is, this third day of May, A. D. 1883, on motion of William F. Mattingly, Receiver, ordered, adjudged and decreed that all depositors in the Washington City avings Bank, defendant herein, and their assign S, be, and they are hereby, forever debarred from making any claim or demand against said defendant, the receiver in this cause, or the a-nets in his hands, unless their c aim for undrawn dividends be presented to said Receiv ver before the first day of January. A. D. 1884; provided notice of this order be pub ished atl ast three,times a week for four successive weeks from this day. and three times a week for six successive weeks prior to said January 1st, 1884, in two or more newspapers published in the city of Washington. D. C. CHARLES P. JAMES, Justice. A true copy. Test-R. J. MEIGS, Clerk. my7, 8, 9xec4w By M. A. CLANCY, Ass't Clerk.

13. October 1, 1883 Evening Star Washington, DC

Article from Evening Star, October 1, 1883

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Alexandria Affairs. Reported for THE EVENING STAR. CHURCH SERVICES.-The city pastors preached at all their churches yesterday. At the Fairfax Presbyterian church Rev. S. H. McKaun preached. The primitive Baptists held service under the lead of Elder J. W. Badger. Dr. Leubkent, of Washington, filled in the evening the pulpit of the German Lutheran church. TEACHERS' INSTITUTE-The September teachers' Institute was thinly attended on Saturday. Prof. Z. Richards, of Washington, lectured upon Methods in Arithmetic, and insisted that very much of the time of pupils is wasted by the common methods, which devote hours of each day to work that is needless. CIRCUIT COURT.-Judge Keith resumed the session of his court this morning, and was occupied with civil cases. The only Washington case in which proceedings have been taken since last report is that of Washington city Savings Bank VS. Thorpe's administrator, a collection case for subjecting certain estate to the payment of a debt, due Ruff's bank. Mr. W.F. Mattingly, the receiver, has filed exceptions to the commissioners report in this case, which will be soon argued. Judgment has been given for the defendant in the suit of Corbett vs. Kerby, and a non-suit entered in Nalls & Co. VS. Lawson & Jamieson. REPORTER'S NoTES.-Among the prisoners at the station-house this morning was Jessie Triplett, arrested by Officers Pat Hayes and Walker, charged with assault.-The bar of this city on Saturday afternoon held a meeting, C. W. Wattles in the chair and L. Marbury secretary, and adopted resolutions deploring the death of W. Arthur Taylor.-The Israelites will begin at sunset to-day the services of New Year's day, Rabbi Morris Sachs officiating. A number of friends of Mr. R. Rudel have presented him with a handsome Odd Fellow's regalia.-The police and city officials were paid off on Saturday.