Royal Trust Company - Chicago, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: November 4, 1907
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini
Short Digest: afced2f77edbb7e5

Response Measures

None

Description

Article (Nov 4, 1907) reports the Royal Trust Company of Chicago is insolvent and asks that a receiver be appointed. No mention of a run; action is receivership. OCR of article is imperfect but meaning is clear.

Events (1)

1. November 4, 1907 Receivership

Newspaper Excerpt: The trust company is insolvent and asks that a receiver be appointed.
Source: newspapers

Newspaper Articles (1)

1. November 7, 1907 The Bon Homme County Independent Tabor, SD

Article from The Bon Homme County Independent, November 7, 1907

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Article Text

ASKS RECEIVER FOR TELEPHONE COMPANY. Sloux Falls, S. D., Nov. 4.-In the, federal court this afternoon a motion) was made by attorneys for the Royal Trust company. of Chicago, trustee for the bondholders a of the Citizens' Telephone company, of this city, for the foreclosure of the mortgage held by the bondholders. The trust company is insolvent and asks that a receiver be appointed. The motion will be argued before Judge Carland at 10 o'clock Saturday morning.