Central Bank & Trust Company (Parkersburg, WV)

Episode Information

Episode UID
6519358991459
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
651935899 hash
Start Date
July 24, 1921
Location
Parkersburg, West Virginia (39.267, -81.562)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cf260acb9b24116b

Response Measures

None

Description

Receiver appointed by court; insolvency alleged in filings.

Events (1)
1. July 24, 1921 Receivership
Newspaper Excerpt
William G. Peterkin has been named receiver for the Central Bank and Trust company, of this city, giving bond of $10,000.
Source
newspapers

Newspaper Articles (2)
1. July 25, 1921 The Wheeling Intelligencer Wheeling, WV
Article from The Wheeling Intelligencer, July 25, 1921

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Article Text

PETERKIN APPOINTED RECEIVER OF BANK Parkersburg, W. Va. July 24.-WIIliam G. Peterkin has been named receiver for the Central Bank and Trust company, of this city, giving bond of $10,000. This action was brought late Saturday evening before Judge Walter E. McDougle, of the Wood county circult court, on application of R. J. A. Boreman, with more than 300 persons named as defendant. The bill of parUculars filed in the suit declares that the trust company is Insolvent and prays the court to appoint a receiver to wind up its affairs. Assets and liabilities are said to be about $50,000 each.

2. July 26, 1921 Martinsburg Journal Martinsburg, WV
Article from Martinsburg Journal, July 26, 1921

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Article Text

RECEIVER NAMED FOR PARKERSBURG BANK Commr. Hill Says Institution Is Not A Bank. Parkersburg ,July 25.-William G. Peterkin has been named receiver for the Central Bank and Trust Company, of this city, giving bond of $10,000. This action was taken late Saturday before Judge Walter E. McDougle of the Wood County Circuit Court on application of R J. A. Boreman, with more than 200 persons named as defendants. The bill of particulars filed in the suit declares the trust company is insolvent. Assets and liabilities are said to be about $50,000 each. Says It Is Not a Bank Charleston, July 25.-Dispatchei