E. S. Dreyer & Company (Chicago, IL)

Episode Information

Episode UID
5599702991260
Episode Type
Suspension → Closure
Bank Type
private
Bank ID
559970299 hash
Start Date
December 15, 1904
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1ebedf88f9d9c824

Response Measures

None

Description

Final decree in receivership and final dividend reported; principal failed and was imprisoned.

Events (1)
1. December 15, 1904 Receivership
Newspaper Excerpt
Closing eight years of litigation, the final decree in the receivership proceedings for E. S. Dreyer and company ... has been entered by Judge Kavanaugh.
Source
newspapers

Newspaper Articles (2)
1. December 15, 1904 The Providence News Providence, RI
Article from The Providence News, December 15, 1904

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Article Text

TWO AND A HALF PER CENT FOR DREYER CREDITORS Chicago, III., Dec. 15.-Closing eight years of litigation, the final decree in the receivership proceedings for E. S. Dreyer and company, which brought the failure of the banking firm and the subsequent prosecution of Edward S. Dreyer and Robert Berger, has been entered by Judge Kavanaugh. a The receiver's report shows there is surplus of $30,236 from the assets of the bank, which is to be distributed among the creditors and depositors, 2½ per cent being given to each. This exhausts the final revenue and property, and probably will be the last dividend. Dreyer is serving his term in the state penitentiary at Joliet. Berger, his partner, was pardoned a few years ago.

2. December 16, 1904 The Morning Astorian Astoria, OR
Article from The Morning Astorian, December 16, 1904

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Article Text

now. SUIT ENDED. Receiver Is Still Doing Time in Joliet Town. Chicago, Dec. 15.-Closing eight years of litigation, the final decree in the receivership proceedings for E. S. Dreyer & Company which brought the failure of the banking firm and the subsequent prosecution of Edward S. Dreyer and Robert Berger has been entered by Judge Cavanaugh. The receiver's report shows there is a surplus of $30,236 from the assets of the bank which is to be distributed among the creditors and depositors, 2½ per cent being given to each. This exhausts the final revenue and property and probably will be the last dividend. Dreyer is still serving his term in the state penitentiary at Joliet. Berger, his partner, was pardoned a few years ago.