Charlestown Trust Company (Boston, MA)

Episode Information

Episode Type
Suspension → Closure
Start Date
December 21, 1931
Location
Boston, Massachusetts (42.358, -71.060)
Bank Type
trust
Routing Number
5-0010

Metadata

Episode ID
Bank ID
City ID
250617565
Model
gpt-5-mini
Short Digest

Notes

OCR errors in articles; dates taken from article text (Dec. 21, 1931).

Events (2)
1. December 21, 1931 Suspension
Cause
Government Action
Cause Details
Taken over by the State at request of the board of directors after the company failed
Newspaper Excerpt
Boston, Dec. 21 Charlestown Trust company failed today
Source
newspapers
2. December 21, 1931 Receivership
Newspaper Excerpt
Charlestown Trust Taken Over BOSTON, Dec. the request the board of direct... the Charlestown Trust Company ... was taken over the State.
Source
newspapers

Newspaper Articles (2)
1. December 22, 1931 The Washington Herald Washington, DC

Article Text

Charlestown Trust Taken Over BOSTON, Dec. the request the board of directhe Charlestown Trust Company with deposits of today was taken over the State.

2. December 22, 1931 Omaha World-Herald Omaha, NE

Article Text

Grain Indemnities

Chicago, Dec. Closing quota-

Bank Suspensions.

Boston, Dec. 21 Charlestown Trust company failed today The statement to the as of December 1930. listed total deposits of $3,436,388

Offers. May GOOD THIS WEEK Ma NEXT WEEK $