St Georges Trust Company - St Georges, DE

Episode Information

Episode UID: 62007171548
Episode Type: Run → Suspension → Closure
Bank Type: state
Bank ID: 6200717 routing
Routing Number: 62-0071
Start Date: December 1, 1928*
Location: St Georges, Delaware (39.555, -75.650)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: bc5c32bb27a5cec4

Response Measures

None

Description

OCR errors in article text; dates and some details are garbled, so closure timing is inferred from context.

Events (2)

1. December 1, 1928* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed following the run amid alleged fraud and the cashier's death; indictment later pursued against officers.
Newspaper Excerpt: shortly after the closing of the doors of the bank
Source: newspapers

2. December 15, 1928 Run

Cause: Bank Specific Adverse Info
Cause Details: Allegations of fraudulent debits and misapplication of funds connected to officers and the death of the cashier precipitated withdrawals.
Newspaper Excerpt: shortly after the closing of the doors of the bank after run
Source: newspapers

Newspaper Articles (1)

1. December 11, 1930 The Morning News Wilmington, DE

Article from The Morning News, December 11, 1930

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Article Text

VINTON, BANKER WILL SURRENDER TO COURT TODAY (Continued From First Page) Georges Trust Company have full confidence faith in Vinton. treasurer of St. Georges Trust Company, are confident that charges against Vinton which recently appeared the press, will prove untrue.' The was presented to the jury by District Attorney following covering months The bill against Vinton states that aided and abetted Betts in 1928, that the bank the money. Death Bett's death shortly after the closing of the doors of the bank after run was by At that time, the on the bank tributed banking long time not quick'y liquidated. The cashier's body was found in Drawyer's Creek, near on December 15, 1928. H's jugular had been his wrists with glass. His nearby the creek where body found Following the death Betts, Vinton was member of along Emory Hukill, of and Pearce Cann, Newark, to out plans for the bank and to raise for this The bank has What Indictment Alleges The indictment charges that to June, Betts and James became interested in the purchase hotel and theatre property at Md. Needing to carry out Trust for amount June 1928, giving The placed the credit Lewis Trust the set The further alleges that July 1928, without the knowVinton placed, to be deposit with Bank. Mid$3000 to the credit the Bankers' Bond pany which the agent for the territory and Georges. Vinton then received from Betts, indictment charges, payment cent, or $255, which cent, share the was the share of the acceptance company Lewis, the indictment continues. had funds 000 made and signed two checks for each the MidBank July able to the Elkton Trust and two checks for and $1,800 the bank on July payable to the St. Trust Company. checks were received by and returned the Peoples' Bank for then charged, without the knowledge consent Lewis, actually funds account the Middletown Bank meet any the caused the account of the Bankers' Bond and Acceptance Company to fraudulently debited charged payment of the checks signed charges that Betts, July made false