Haverhill Trust Company (Haverhill, MA)

Episode Information

Episode Type
Suspension → Closure
Start Date
December 19, 1931
Location
Haverhill, Massachusetts (42.776, -71.077)
Bank Type
trust
Routing Number
53-0171

Metadata

Episode ID
Bank ID
City ID
250612607
Model
gpt-5-mini
Short Digest

Notes

90-day clause (partial suspension) invoked Dec 19; state department announced closing Dec 26.

Events (2)
1. December 19, 1931 Suspension
Cause Details
Invoked the 90-day clause restricting withdrawals over $100 (partial suspension).
Newspaper Excerpt
FOUR HAVERHILL BANKS INVOKE 90-DAY CLAUSE today invoked the 90-day clause ... The banks are the Pentucket City Bank, Savings Bank and Haverhill Trust Company.
Source
newspapers
2. December 26, 1931 Receivership
Newspaper Excerpt
The state banking department announced the closing the Haverhill Trust company The deposits of more than $2,000,000.
Source
newspapers

Newspaper Articles (2)
1. December 19, 1931 The Boston Daily Globe Boston, MA

Article Text

FOUR HAVERHILL BANKS INVOKE 90-DAY CLAUSE today invoked the 90-day clause for the of any deposits ex. ceeding $100. The banks are the Pentucket City Bank, Savings Bank and Haverhill Trust Company.

2. December 26, 1931 Omaha World-Herald Omaha, NE

Article Text

Bank Suspensions

Boston, Dec. 26 (AP) The state banking department announced the closing the Haverhill Trust company The deposits of more than $2,000,000.