City Savings Fund & Trust Company (Lancaster, PA)

Episode Information

Episode UID
3670676191293
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
367067619 hash
Start Date
September 18, 1907
Location
Lancaster, Pennsylvania (40.038, -76.306)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
af1e6cb8a98d689a

Response Measures

None

Events (1)

1. September 18, 1907 Receivership
Newspaper Excerpt
J. Harry Rathfon, receiver of the City Saving Fund and Trust company, brought suit against the estate of Charles H. Locher for $200,000.
Source
newspapers

Newspaper Articles (2)

Article from The Free Lance, September 19, 1907

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Article Text

SUED FOR $200,000 Trust Co. Receiver Seeks to Recover From Estate of Charles H. Locher. Lancaster, Pa., Sept. 18.-J. Harry Rathfon. receiver of the City Saving Fund and Trust company, brought suit against the estate of Charles H. Locher for $200,000. It is averred that when Locher was president of the institution he borrowed that amount from the company without the knowiedge of the directors, and used the money In his private ventures or lent It to members of his family.


Article from Milford Chronicle, September 20, 1907

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Article Text

SUED FOR $200,000 Trust Co. Receiver Seeks to Recover From Estate of Charles H. Locher. Lancaster, Pa., Sept. 18.-J. Harry Rathfon, receiver of the City Saving Fund and Trust company, brought suit against the estate of Charles H. Locher for $200,000. It is averred that when Locher was president of the institution he borrowed that amount from the company without the knowiedge of the directors, and used the money in his private ventures or lent it to members of his family.