Hopewell Bank & Trust Company (Hopewell, VA)

Episode Information

Episode UID
68050771609
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
6805077 routing
Routing Number
68-0507
Start Date
January 16, 1934
Location
Hopewell, Virginia (37.291, -77.299)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
53d5e517d3f5bd06

Response Measures

None

Events (3)

1. January 16, 1934 Receivership
Newspaper Excerpt
An investigation into the receivership of the Hopewell Bank and Trust Company ... petition is filed with him, making the request learned today.
Source
newspapers
2. January 16, 1934 Suspension
Cause
Government Action
Cause Details
Bank was in receivership and closed by authorities/examiner leading to suspension of operations
Newspaper Excerpt
An investigation into the receivership of the Hopewell Bank and Trust Company ... the bank's closing
Source
newspapers
3. December 22, 1934 Other
Newspaper Excerpt
Charles Akers, chairman of depositors' committee, filed petitions asking suspension and ultimate removal of the receivers and protesting payment of an auditor's fee.
Source
newspapers

Newspaper Articles (3)

Article from The Richmond News Leader, January 16, 1934

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Article Text

RECEIVERSHIP PROBE SOUGHT George M. Cease Calls Attention of Judge Robertson to "Rumors." FULL INFORMATION ASKS Court Will Order Investigation Petition Is Filed in Case. An investigation into the receiverthe Hopewell Bank and Trust ship of be ordered by Judge Company Robertson. of the HopeThomas well court. petition is filed with him, making the request learned today. was promise was Judge George M. Cease, of Richmade to letter mond, response called attention to "ugly which have heard in circularumors that relative to the disposition of the tion money that has passed through the of the receivers to this date hands connection with the Mr. Cease wrote Judge Robertson under date of Jan. 11 stockholder in corporation who the time of the bank's closing holder of their certified checks for substantial amount." In his letter said that others affected entitled full information the present status of the conditions" of the bank. investigation of importance at this time in view the contest over the judgeship of the Hopewell corporation court, Mr. Cease holds. Archer Jones, wealth's who has been indorsed by the Hopewell bar for Judge one two receivers the closed bank. Mr. Cease in letter that full and should be before the general assembly takes any an election judge for the Hopewell court. Insists on Report. the only names before the legislature for this high Continued on Page Column


Article from The Portsmouth Star, December 22, 1934

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Article Text

Seeks To Oust Bank Receivers Dec. The affairs the defunct Hopewell Bank and Trust Company further litigation Charles Akers. chairman of positors' have named hearings on petition to the and their counsel filed two petitions in Circuit Court asking and ultimate moval receivers, and the other protesting payment of an auditor's Th second petition was argued before Judge Wilson action grounds insufficient The petition regarding the receivers still and no date has yet been pending for the hearing of evidence. In the action the audit Akers asked that Lee Rawlings and Company. Norfolk auditors, be nied their fee on the grounds that they asked tion for described inadeand deliberately misleading Regarding the conduct of the ceivership charges that of the bank, conducted by Archer Jones and Thomas Blankenship. the receivers David Harrison. their leged have been grossly The audit reveals the petitioner chain lictions of duty and gross neglect


Article from The News and Advance, December 23, 1934

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Article Text

Opposes Hopewell Bank Receivers Chairman Of Depositors' Committee Asks Court To Order Their Removal Hopewell, Dec. 22 (AP)-The affairs of the defunct Hopewell Bank and Trust Company were in further litigation today as Charles Akers, chairman of depositors' committee. sought to have a date named for hearings on a petition to oust the receivers and their counsel. Akers filed two petitions in circuit court here yesterday, one asking suspension and ultimate removal of the receivers, and the other protesting payment of an auditor's bill. The second petition was argued before Judge R. T. Wilson who dismissed fne action on grounds of insufficient evidence. The petition regarding the receivers is still pending and no date has yet been set for the hearing of evidence. In the action on the audit Akers asked that A. Lee Rawlings and Company, Norfolk auditors, be denied their fee on the grounds that they asked an excessive compensation for an audit described as inadequate and deliberately misleading. Regarding the conduct of the receivership Akers charges that "the affairs of the bank. as conducted by Archer L. Jones and Thomas J. Blankenship. the receivers and David A. Harrison Jr. their alleged counse!. have been grossly misconducted." The audit reveals, the petitioner said, "a chain of derelictions of duty and gross neglect age, and 10 to 12 from the juvenile home at Toledo. Dr. Mae Habenicht. superintendent of the state child welfare bureau said the adopters insist they receive the babies by Christmas. When greeting friends. native Indian women of BolΓ­via lift their hats.