Waterville Trust Company - Waterville, ME

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: December 9, 1916
Location: Waterville, Maine (44.552, -69.632)

Metadata

Model: gpt-5-mini
Short Digest: 3d80409e879702ae

Response Measures

None

Description

The sole article excerpt mentions a Receivers' Report on Condition of Waterville Trust Co., indicating the company was in receivership (a form of government/examiner action) as of the publication (1916-12-09). There is no mention of a depositor run or reopening; therefore I classify this as a suspension leading to closure/receivership. Information is limited to the brief line in the newspaper's contents; dates and finer details are not provided in the snippet.

Events (2)

1. December 9, 1916 Receivership

Newspaper Excerpt: Receivers' Report on Condition of Waterville Trust Co.-Maine Savings Banks' and Trust Companies' Resources and Liabilities - ... Receivers' Report on Condition of Waterville Trust Co.-Maine Savings Banks' and Trust Companies' Resources and Liabilities - ... (excerpted listing in table of contents).
Source: newspapers

2. December 9, 1916 Suspension

Cause: Government Action
Cause Details: Bank was placed in receivership (receivers' report published), indicating closure by regulatory/receivership action.
Newspaper Excerpt: Receivers' Report on Condition of Waterville Trust Co.
Source: newspapers

Newspaper Articles (1)

1. December 9, 1916 Daily Kennebec Journal Augusta, ME

Article from Daily Kennebec Journal, December 9, 1916

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Article Text

STATE HOUSE--AUGUSTA 8 P. M., Tuesday, Dec. 19, 1916 Next Council Meeting Newburg Apple Packer Pays $25 Fine for Violation of the Maine Apple Packing Law-Hearing at Rumford on Valuation of Rumford-Mexico Toll Bridge, Recently Taken Over by Mexico Bridge District Receivers' Report on Condition of Waterville Trust Co.-Maine Savings Banks' and Trust Companies' Resources and Liabilities - Land Agent and Forestry Department Will Ask $15,500 Yearly-Cor- poration Matters-Chat