Hamden Bank & Trust Company (Hamden, CT)

Article Text

bank and the Engineers National and the Continental was formed.

Connecticut Bank Closed Hamden Bank and Trust today on order issued by the understood to been taken depositors. Bank officials promised statement later. The bank's last statement listed general deposits $570,000 and deposits of $688,000. capital and undivided of George Ogden of state commission, who the bank's books, today said the state continued withdrawals letter had placed institution an un-liquid position. There no "run" on the bank, he said.

Article Text

Gertrude Johnson Named Dows Eastern Star Head

O. E. S. Monday evening elected: Worthy matron, Gertrude Johnson; worthy patron, E. A Morrison: associate matron, Anna Schwieger; secretary Grace Selleck treasurer, Mary Buckton: conductress. Esther Peterson associate conductress, Fern Buffer. Christmas Cheer Goal Is $2,000--

Connecticut Bank Closes. HAMDEN Conn. Dec. 17. The Hamden bank and Trust company closed today. Assets in the last published statement were $2.

-Have You Given Yet?-

Article Text

HAMDEN (CT.) BANK ALSO CLOSES DOORS

90-Day Clause Invoked in State ton Bank Stockholder Promises Pay in Full

Boston, Dec. banks New England closed their doors day as the result of heavy withdraw-

The institutions which either did not open for business which closed late the the nental National Boston: the Hamden Bank and Trust company of Hamden, Ct., the Arlington Trust company and the Plymouth County Trust company of Brockton. The financial status the banks at time official statements tinental, capital stock $1,000,000, surplus, ArlingTrust, deposits County, deposits of $3,816,Another Boston bank, the Grove Hall that bank open again meet The after all-day run the advice Bank Arthur Guy. Invoke Clause

The banks Lowell the saving department the Trust company Boston the Millbury Savings bank 90-day banks require notice of intent funds. The officials dinarily heavy caused by general order the assets the bank, orderly pay full. the the Bostonbank the troller currency to take possesthe president the bank, Terrell and youngest in would the ordinary on dollar would be paid depositors. We

Article Text

FOUR BANKS CLOSE IN MASSACHUSETTS AND CONNECTICUT

Lawrence and Boston, Brockton Institutions Affected by Runs

HAMDEN (CT.) BANK ALSO CLOSES DOORS

Clause Invoked in State Bank Stockholder ton Promises Pay in Full

Boston. Dec. banks in New England closed their doors tothe result of heavy withdrawday als.

The institutions which either did not open for business which closed the day the nental National bank of Boston: the Hamden Bank and Trust of Hamden, company and County Trust financial status the banks at The the time their last official statements capital tinental, stock surplus, assets ArlingTrust deposits County, deposits of $3,816,Boston the Grove Another Hall Savings closed the bank would again meet action was taken after all-day and upon Arthur Guy. Bank Invoke Clause bank at Lowell The the department Trust company Boston the Millbury Savings bank the Millbury banks 90-day clause notice of intent require funds. The officials withdrawals caused dinarily heavy uneasiness and order general public conserve the assets of the bank. which. in course orderly liquidation, should pay all full, the Bostonbank the troller currency to take possesthe The president the bank, Terrell M. Ragan, 37 years old and reported the youngest president in said, would expected that through the ordinary cents on dollar would be paid depositors. We

(Continued on Second Page)

Article Text

TEMPORARY RECEIVER

New Haven Dec. application the attorney general's office. representing State Bank Com missioner George Bassett, Mechanics bank of this city today was named temporary receiver the Hamden Bank Trust pany, which was closed yesterday. and Our 1932 CHRISTMAS CLUB, Meriden Savings Bank, East Main

Article Text

To Speed Relief

(Continued from Page One)

Snell and Rainey agreed on the floor that would be brought up in the House for action Monday. On leaving the White House, Mills said with the others that had been but would add nothing else Garner jovial as he climbed new White House car carried Capitel He came the White House afoot from his hotel, renounced his right the speaker's "Hello said. don't you often. You are up all these rich press conference called by Mr. Newton. said answer questions the large in Mr Hoover's mind, had been touched on "only broader The was not except phase the gram. The President hopes the carriers benefit through the proposed Corporawas the White House there had mention, but of the added the morameasure barring any cancellation or reduction of

Danielson Bank Closed

(Continued From One.) tions are now. he said. that holders deposits will even tually be paid in statement the bank as showed assets $3,103,000 The 1914 with capital This second suspen the in two The Hamden and Trust company suspended yesterday, deposits totalling order the bank department. Officials confidence depositors would be paid full

Reassuring Statement. means reassuring other Bank Commissioner George Bassett this afternoon issued statement on the situation the state: closing of the Hamden Bank Trust company of Hamden and Danielson Trust company case inability the officers sufficient had been rather heavier than

Article Text

Bank Suspensions.

Boston. "he Bos-Continental National bank with main offices on Devonshire street, downtown Boston, and four branches, remained closed at today. the time was posted comptroller of currency had asked to take it over to conserve assets, owing to heavy demands by depositors. the time of the consolidation the Boston National bank with Continental National bank about year ago the combined posits the merged institutions given as approximately $9. 500,000 and the combined resources were set at $11,000,000.

Hamden, Conn.

Hamden, Conn. Dec. 17 The Hamden Bank and Trust pany closed today Assets in last published statement were 097

Lowell, Mass.

Business was suspended Lowell Trust company which cently reported savings and mercial deposits of $3,384,428 was the second Lowell bank to close within two days. the Middlesex National bank with deposits of $4,000,000 having tions yesterday.

Burlington, N. Burlington, 17 The First National Bank of Burlington, with assets at the time last statement of approximate 150,000. closed order Barnett national bank examiner. R. W. Malone, was in active charge ed the tion action was due shrinkage in the value of bonds held.

Calais, Calais, Me International Trust and Banking company here closed Wednesday It was announced the action necessar because of heavy drawals by Canadian depositors.

Raleigh, N. rectors the Commercial tional bank, largest bank in the capital city, night voted close the bank holders. pending meeting the The September 29 ment of the bank listed deposits had a capital stock of $600,000. 000.

Board of Trade Stocks

Chicago, Minneapolis Bank Stocks Minneapolis, Dec. 17

East

Article Text

Army Orders

Special orders issued Saturday at Headquarters 543, Coast Artillery, assign Captain David W. Sandberg of 22 Colonial Street to command the service battery of the same regiment. The following men of the Enlisted Reserves of Coast Artillery 543 have been Sergeant W. M. Nichols, 442 Hillside Avenue, to First Sergeant, Battery Sergeant George Nafis 392 New Britain Avenue. to Staff Sergeant (color) Headquarters Battery 543.

In Court 114th Time. New Haven, Jan. (AP.) Charged with drunkenness, John Ryan, 64. of Waterbury, made his 114th appearance in City Court today. He was one of 12 whom Judge Philip Troup warned be given a six months sentence for another appearance. All were given suspended sentences.

Hamden Bank Appraisers.

New Haven. Jan. thur E. Woodruff, director of the New Haven Bank. and Henry Musch. Jr., real estate dealer. have been named appraisers for the closed Hamden Bank & Trust Company, by Judge Earnest C. Simpson. Judge Simpson also has confirmed the appointment of the Mechanics Bank as receiver.

Article Text

Hamden Bank Receiver Plans More Dividends

New Haven, March AP The Superior Court will be asked tomorrow by Thomas J. Ryan, receiver for the Hamden Bank and Trust Company, for permission to pay a 5 per cent dividend out of fund of $620,000 in the bank. The petition also includes a request to pay 15 per cent on $9000 which was not available when an earlier 15 per cent was paid to commercial depositors.

For "placing" a million stars, a woman England has been honored with the degree of M A. at Ox-

Article Text

Hamden Bank Payment Approved by Court

NEW HAVEN June 15 Motions granted today by the perior court will permit the pay this month and early of $230,000 depositors by Hamden Bank Trust West Bank Trust Co. the Hamden will begin dividend $675,655.42 tomorrow This will bring paid deposithe Hamden bank to per cent

Approximately $163,000 will distributed savings of the West Haven bank by ceiver, Haven bank another ten per cent divi-

Article Text

Perry Bank Receiver

NEW HAVEN, Aug. 23 (AP)—Walter J. Perry, state bank commissioner was confirmed today by Judge Patrick B. O'Sullivan as receiver for the Hamden Bank & Trust Co., under the new bank receivership law.