Guarantee Loan and Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1899*
Location: Seattle, Washington (47.606, -122.332)

Metadata

Model: gpt-5-mini
Short Digest: 2d97ed81

Response Measures

None

Description

Article (Seattle Star, 1903-05-28) reports the company as 'defunct' and that a receiver (Samuel C. Calderhead) was appointed by Judge Moore in 1899 (OCR showed '199', corrected to 1899). The receiver has been winding up affairs and a final accounting was filed in 1903; no run or reopening is mentioned. Classified as suspension_closure because the bank is closed and in receivership.

Events (2)

1. January 1, 1899* Receivership

Newspaper Excerpt: Mr. Calderhead was appointed receiver for the company by Judge Moore in 1899 ... the affairs of the corporation are said to have been wound up two years ago, ... (article OCR corrected from '199').
Source: newspapers

2. May 28, 1903 Other

Newspaper Excerpt: Superior Judge Tallman yesterday afternoon refused to approve the final accounting of Samuel C. Calderhead as receiver of the defunct Guarantee Loan and Trust Company ... the report shows a $563.32 balance in the hands of the receiver which has not been paid into court.
Source: newspapers

Newspaper Articles (1)

1. May 28, 1903 The Seattle Star Seattle, WA

Article from The Seattle Star, May 28, 1903

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Article Text

JACKS UP RECEIVER COURT REFUSES TO APPROVE 8. c. CALDERHEAD'S REPORT Superior Judge Tallman yesterday afternon refused to approve 11 final accounting of Samuel C. Calderhead as received of the defunct Guarantee Loan and Trust Company, for the reason that the report shows a $563.32 balance in the hands of the receiver which has not been paid into court as ordered several days ago. The disaatisfaction of the court In also due to the fact that the report was merely a statement complied for the receiver's books and not accompanied by bank records or vouches. Mr. Calderhead was appointed recelver for the company by Judge Moore in 199 and, although the usfairs of the corporation are said to have been wound up two years ago, no formal report was filed until yesterday. The report of the receiver shows that he has collected $123,979.07 and distributed $123,411.75. leaving a balance of $567.33 on hand for which the receiver does not account.