Washington National Bank - Washington, DC

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Start Date: August 23, 1938
Location: Washington, District of Columbia (38.895, -77.036)

Metadata

Model: gpt-5-mini
Short Digest: 3a68efec

Response Measures

None

Description

Article (Evening Star, 1938-08-25) is a court/order notice describing actions by Receiver Cary A. Hardee and sale of Washington National Bank assets; indicates the bank was in receivership and assets being sold. OCR is noisy; dates referenced: petition filed Aug 23, 1938 and court order dated Aug 24, 1938. No run or depositor panic is described in the text—this is a government receivership/closure.

Events (2)

1. August 23, 1938 Receivership

Newspaper Excerpt: that petition of Cary A. Hardee Receiver ... filed and duly verified on the 23rd day of August ... Receiver to take possession of the described property ... authorized to sell ... by the Comptroller of the Currency and this Court upon final confirmation of sale . . . . 1938-08-24 order authorizing sale was entered. 765,000.00 consideration mentioned for sale to Hamilton nominees of Washington National Bank property . . . . (OCR corrected for clarity). ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )
Source: newspapers

2. August 24, 1938 Suspension

Cause: Government Action
Cause Details: Bank placed in receivership and court-authorized sale of bank property; action involves the Comptroller of the Currency and receiver Cary A. Hardee.
Newspaper Excerpt: ORDER of the Federal Receiver Cary A. Hardee ... Receiver of the Washington National Bank ... authorized to sell the aforesaid property
Source: newspapers

Newspaper Articles (1)

1. August 25, 1938 Evening Star Washington, DC

Article from Evening Star, August 25, 1938

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Article Text

HERBERT S. WARD, Attorney. OF THE DISTRICT COURT District of Co- A. IN United THE States for Matter the of CARY lumbia In Receiver the of the deral-American Company HARDEE and Trust 1336 New York National Bank corporation. on D. C.Northwest ORDER of the FederalMiscellane Avenue Washington a Number Washing 38 of the petition Com- NISI, of Cary Upon A. Hardee National Receive Bank and filed Trust herein on American verified and 1938. and the it the pany 23rd duly day the of Court August that of among the said appearing to the possession described propassets now in following Part of Lots wit Property and Fifteen Receiver to is the (14) No. Fifty- (15). erty. Fourteen Hundred numbered numbered Two for the same at and the in three Square (2153). corner beginning of said square (36) feel. northwest thence south thirty-six Fourteenth Street. ten thence nine east north thirty-six (10) running inches. (9) inches thence eighty-fou inches on to (84) G Street. feet. (84) (36) and feet. nine (9) on G Street eighty-four place of bethence west inches to the Forty-eight feet. ten (10) also Lots numbered in the subdi(48) ginning: and Forty -nine in Square (49) Two the Hundred Riker vision of Lots (5:53) made by subdivision is Company. as the Surveyor Realty Fifty-three in the office Columbia of said in Book 62. for recorded of now known 79, said 833. the Page District number property being Square of 253 14th as Tax Lot southeast corner together with located G on Streets the Northwest: the ways easements. to the and and singular appurtenances rights privileges in any way belonging or title. same all. estate. and right. appertaining interest or other- and and all the law or in equity of the first claim either at of the said party furniture. fixwise however, or thereto. all by the tenant. part therein equipment now used numbered Twenty tures Property and No. -one Cell -Lots in the subdivision Square (20) and J. Tv Eaking Gadsby of and lots in Eighteen numbered made by One Hundred recorded in the of Office Coas per plat the District Also (118). Surveyor for folio 101 of the in Liber 13 at numbered Five (50 lumbia of Original Lots (8) in said Eighteen Square numbered Six parts (6) and One parts Eight Hundred described Southeas and in one parcel. corner in the (118) said Beginning at the (201) to wit Twenty and of said Lot numbered Pennsylvania Avenue to said North line thence of at right along angles the Easterly running Northeasterly Twenty (20) the avenue. said Lots numbered 98.91 feet to line and of Twenty-one said (21). Lot numbered South Six (6): 46 North line of 50.15 feet: thence of said Lot thence to East the Southeast thence corner West 55.10 drawn feet at feet numbered Six to (6): intersect a line from a point more right or angles less to feet said uneasured avenue on the the point line avenue with said of distant of said beginning: 14.17 thence Eastwardly Southwesterly from intersected at through right a of reversed. 54.76 feet avenue said angles line to said avenue brick wall to avenue. said 14.17 Westerly to the point of lots and of assessment Hundred feet the Said thence center more or less parts along of lots being beginning and tax- also known for purposes numbered Eight all furniture. ation as (810) Lot in said square. now used by the and Ten and equipment appearing from refixtures And it further the Receiver National has said tenant petition offer that from the purchase Hamilton the afore- the ceived of an Washington to equipment for Bank property and Hundred Sixty-Five consideration sales said Thousand Dollars of Seven ($765,000.00) the necessary net. from sub- adject. however to it further appearing is of the justments petition And that offer the should Receiver be accepted. said opinion that been authorized the by the Comptroller this Court and the has Currency to and, petition upon final con- sale. of for an order authority nisi to make the said 24th firmation BY for THE COURT ORDERED this AND IT IS. of August, 1938. A. Hardee. Receiver Bank day that Cary Washington, National be. of the Trust Company authorized of and sell emand and he to is convey. hereby transfer deed the and aforesaid by by powered claim or receiver's existing leases and. and realty, quit bill to assign of sale. to transfer. hereinabove sell proper the personal Hamilton property National Bank and assign referred to. to the its nominees for Washington. or of Seven Hundred Sixty- cash. Thousand make the of Five in consideration Receiver Dollars to ($765 take $ 000.00 such necessary steps net to the and to be necesexecute of said sales and adjustments such transfer papers as may of property Washing- to sary to cause National Bank sufficient its is shown or the contrary dav of ton. the Hamilton nominees. unless Sentem- to this cause on or before the 0" better offer Court or a higher the Receiver 1336 1938, to 9th Washington is ber. made at the Office Northwest. of 8th New C.. York b twelve Avenue o'clock 1938. noon provided on the a copy in of once a this issues of week. and twice a of 2 D. day successive Reporter" order September he published The the Washington Washington week for Law successive weeks. daily in newspaper. prior pubEvening Star," the District a of Columbia. 1938 F A lished in 9th day of September, Seal true copy Clerk. By ANDREW DICKINSON to said Test: LETTS CHARLES Justice HORNER. E STEWART. Asst. Clerk. 2u25,27;se1.3.