Brandywine Trust & Savings Bank (Wilmington, DE)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
March 1, 1933*
Location
Wilmington, Delaware (39.746, -75.547)
Bank Type
state
Routing Number
62-0017

Metadata

Events (2)

1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Bank holiday in March 1933; bank operated on a restricted basis after the holiday.
Newspaper Excerpt
the bank has been operating on a restricted basis under the supervision of Horsey since the bank holiday ended in March.
Source
newspapers
2. June 3, 1933 Receivership
Newspaper Excerpt
Under the State's new banking act, Harold W. Horsey, State banking commissioner, today was appointed receiver for the Brandywine Trust & Savings Bank of Wilmington by Chancellor J. O. Wolcott.
Source
newspapers

Newspaper Articles (3)

Article from Evening Star, June 4, 1933

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Article Text

BANK RECEIVER NAMED Action Taken at Wilmington, Del., Under New State Law. DOVER, Del., June 3 (AP).-Under the State's new banking act, Harold W. Horsey, State banking commissioner, today was appointed receiver for the Brandywine Trust & Savings Bank of Wilmington by Chancellor J. O. Wolcott. The bank has been operating on a restricted basis under the supervision of Horsey since the bank holiday ended in March. Recently the bank tried to increase its capital stock by $100,000 by selling additional shares.


Article Text

BANK RECEIVER NAMED Action Taken at Wilmington, Del., Under New State Law. DOVER, Del. June (P).-Under the State's new banking act, Harold W. Horsey, State banking commission today was appointed receiver for the Brandywine Trust & Savings Bank of Wilmington by Chancellor Wolcott. The bank has been operating on a restricted basis under the supervision of Horsey since the bank holiday ended in March. Recently the bank tried to increase its capital stock by $100,000 by selling additional shares.


Article Text

LIQUIDATION FIGURES NOT BANK RECEIVER'S The that depositors of the Brandywine Trust and Savings Bank city will receive the neighborhood cents the liquidation the bank's assets published the Morning News yesterday not based upon any information given by Harold Horsey State banking commissioner and receiver for the bank. When interviewed Sunday night the subject. Horsey refused White sauce for broiled fish or may Summer savory and chives or more varied mixture including chives. parsley, sweet marand thyme.