Lincoln Savings & Trust Company (Philadelphia, PA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
April 10, 1907
Location
Philadelphia, Pennsylvania (39.952, -75.164)
Bank Type
trust

Metadata

Events (4)

1. April 10, 1907 Suspension
Cause
Government Action
Cause Details
Suspended by order of the state bank examiner (state commissioner of banking).
Newspaper Excerpt
BIG FAILURE Philadelphia, April 10. - (Special) The Lincoln Savings and Trust company... closed its doors this morning, it is said by order of the state bank examiner.
Source
newspapers
2. July 11, 1907 Reopening
Newspaper Excerpt
Resumes Business. Philadelphia, July 11.-The Lincoln Trust company of this city, which suspended business three months ago, resumed business today.
Source
newspapers
3. June 19, 1908 Suspension
Cause
Government Action
Cause Details
Failed to open for business and a receiver (Samuel M. Hyneman) was appointed.
Newspaper Excerpt
Philadelphia, June 19.-The Lincoln Savings and Trust company... closed today and a receiver was appointed.
Source
newspapers
4. June 19, 1908 Receivership
Newspaper Excerpt
The Lincoln Savings and Trust Co., a small concern in this city, closed today and a receiver was appointed.
Source
newspapers

Newspaper Articles (15)

Article from The Daily Sentinel, April 10, 1907

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Article Text

BIG FAILURE Philadelphia, April 10. - (Special) The Lincoln Savings and Trust company, one of the oldest institutions of its kind in the city closed its doors this morning, it is said by order of the state bank examiner. It is claimed that the suspension is only temporary.


Article from Waterbury Evening Democrat, April 11, 1907

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Article Text

Lincoln Trust Goes Up. PHILADELPHIA, April 11. 1 The Lincoln Savings and Trust company has suspended business by order of John A: Berkey. state commissioner of banking.


Article from The Birmingham Age-Herald, July 12, 1907

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Article Text

Resumes Business. Philadelphia, July 11.-The Lincoln Trust company of this city, which suspended business three months ago, resumed busi. ness today.


Article from The Topeka State Journal, June 19, 1908

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Article Text

Fails a Second Time. Philadelphia. June 19.-The Lincoln Savings and Trust company, a small concern of this city, failed to open its doors for business today and Samuel M. Hineman, an attorney, was appointed receiver. The trust company failed about a year ago and resumed business three months later, after reorganization.


Article from The Detroit Times, June 19, 1908

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Article Text

PHILA. SAVINGS CO. CLOSES PHILADELPHIA, June 19.-The Lincoln Savings & Trust Co. failed to open its doors this morning. The institution has a paid-up capital of $132,000. A receiver was appointed for the concern late yesterday. It was established in 1895.


Article from Albuquerque Citizen, June 19, 1908

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Article Text

SMALL TRUST COMPANY SUSPENDS OPERATIONS Philadelphia, June 19-The Lincoln Savings and Trust company, a small concern in this city, closed today and a receiver was appointed. The trust company failed about a year ago and resumed business three months later, after reorganization


Article from The Roswell Daily Record, June 19, 1908

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Article Text

SMALL PHILADELPHIA BANK GOES IN RECEIVER'S HANDS. Philadelphia, June 19.-The Lincoln Savings and Trust Co., a small concern in this city closed today and a


Article from Rock Island Argus, June 19, 1908

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Article Text

Fails Second Time. Philadelphia, June 19.-The Lincoln Savings Trust company, a small coneern, failed to open its doors today. A receiver was appointed. The company


Article from The Laramie Republican, June 19, 1908

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Article Text

Small Failure Announced. Philadelphia, June 19.-The Lincoln Savings and Trust company, a small concern of this city was closed today and a receiver appointed. The Trust company failed about a year ago and resumed business three months later, after reorganizing.


Article from The Bemidji Daily Pioneer, June 20, 1908

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Article Text

Trust Company Suspends. Philadelphia, June 20.-The Lincoln Savings and Trust company, a small concern of this city, failed to open its doors for business and Samuel M. Hyneman an attorney was appointed receiver. The trust company failed about a year ago and resumed business three months later after recrganization.


Article from The Detroit Times, June 20, 1908

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Article Text

PHILA. SAVINGS CO. CLOSES PHILADELPHIA, June 19.-The Lincoln Savings & Trust Co. failed to open its doors this morning. The institution has a paid-up capital of $132,000. A receiver was appointed for the concern late yesterday. It was established in 1895.


Article from The Prescott Daily News, June 20, 1908

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Article Text

Receiver In Charge. Philadelphia, June 20.-The Lincoln Savings Bank and Trust company, a small concern of this city, failed to open its doors for business Friday. Samuel M. Haynoman, an attorney. was appointed receiver.


Article from The Morris County Chronicle, June 23, 1908

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Article Text

SAVINGS BANK FAILS. Lincoln, of Philadelphia, Closes Doors For a Second Time. Philadelphia.-The Lincoln Savings and Trust Company, R small concern of this city, failed to open its doors for business, and Samuel N. Hyneman, as attorney, was appointed receiver. The trust company failed about a year ago and resumed business three months later, after reorgarizing.


Article from The Weekly Herald, June 25, 1908

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Article Text

TRUST COMPANY CLOSES DOORS Associated Press. Philadelphia, Pa., June 19.-The Lincoln Savings & Trust Co., a small concern of this city, closed today and a receiver was appointed. The trust company failed about a year ago, and resumed business three months later after reorganization.


Article from The Citizen, June 26, 1908

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Article Text

SAVINGS BANK FAILS. Lincoln. of Philadelphia, Closes Doors For a Second Time. Philadeiphia.-The Lincoln Savings and Trust Company, a small concern of this city, failed to open its doors for business, and Samuel N. Hyneman, as attorney, was appointed receiver. The trust company failed about a year ago and resumed business three months later, after reorganizing.