North American Loan & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: March 20, 1914
Location: Chicago, Illinois (41.850, -87.650)

Metadata

Model: gpt-5-mini
Short Digest: 7eafd0db

Response Measures

None

Description

Article (The Day Book, 1914-03-20) states the North American Loan and Trust Co. was 'declared bankrupt' with liabilities $180,000 and assets $25,000; a petition for receiver is referenced. There is no mention of a depositor run or a temporary suspension/reopening — the firm is in bankruptcy/receivership (permanent closure).

Events (1)

1. March 20, 1914 Receivership

Newspaper Excerpt: North American Loan and Trust Co. ... declared bankrupt. Liabilities $180,000. Assets $25,000. J. M. Goodell, president of company, missing.
Source: newspapers

Newspaper Articles (1)

1. March 20, 1914 The Day Book Chicago, IL

Article from The Day Book, March 20, 1914

Click image to open full size in new tab

Article Text

# INTERESTING LOCAL NEWS ITEMS North American Loan and Trust Co. and Wolf Lake Land Co., Railway Exchange Bldg., declared bankrupt. Liabilities $180,000. Assets $25,000. J. M. Goodell, president of company, missing. Petition for receiver filed in court against Samuel Epner, brother of Daniel Epner, who reported $55,000 gem theft. Petition claims that sole assets of firm were those in possession of Daniel. Forty colored persons routed by fire at 107 W. 29th st. Year-old baby forgotten in panic rescued from smoke-filled room. Damage $1,000. Policewoman sent after Marie Stopper, 19, 4042 Tripp av. Marie, arrested in New York, is wanted here for embezzlement. Trial of "Handsome Jack" Koetters for murder of Mrs. Emma Kraft begun. Jury being chosen. State to ask death penalty. Safeblowers raided office of Wolter & Co., 2863 Lincoln av. Got $150. Home of Sigman Berger, 111 E. 49th st., looted. $396 worth of stuff taken. John Morfoyle, 4733 St. Lawrence st., and James A. Adams, 4335 S. State st., held as suspects. Anna Wayning, 4814 Sheridan rd., entertained Thomas Malone. Malone left. So did $65, girl's savings. Edith Flood, 3, 142 S. 14th st., died from scalds received Monday. William W. Willis sued for $25,000 by Edward T. Higgs. Higgs claims Willis alienated wife's affections. Five taken in alleged handbook raid at 12 W. Van Buren st. Frank Brown booked as keeper. Body of man, believed to be George Cheateam, 40, found in coal box at 1906 W. Madion st. Starvation. Segregation and no license advocated by Lee M. Pedigo, aldermanic candidate in 25th ward as solution of John G. Cleary, 124 William st., scattered $1 checks to mob employed at Curtis and W. Madison. Sent back to Dunning. William Wamsher, theatrical manager, Revere Hotel, arrested to have retained ring belonging to Vere Belle, chorus girl. James Harmon, 19, deaf and dumb, up before Judge Scully for carrying knife. Claimed to have been attacked by boys. Will be given medical treatment. Frances Binsseld, 9, 1716 S. Komoa av., fell dead while at play. Coroner to investigate. Funkhouser condemns jailing women. Claims Bridewell does more harm than good. Suggests medical treatment and industrial training. Gastano Scafari, alleged white slaver, accused of putting Italian Huntus in house of ill fame, has been deported. Trial of Mrs. Mary Kozicki for murder of husband halted by state's prosecution afraid that approaching motherhood of woman would prejudice the jury. Six unemployed accused of creating disturbance in front of Morrison Hotel released by Judge Dolan. Leslie Kearney and James Smith jumped from patrol wagon in front of county jail. Both caught. Were rearrested for holding up Robert's saloon, 17 W. Superior st. Government may seize plant of John F. Jelke Company under charges that factories used to defraud the government may be confiscated. The factory valued at several million dollars. State fire marshal investigates fire that destroyed Craig Furniture Co. plant, Cicero, March 16. Loss $60,000. Believed to be work of incendiary.