Union Trust Company - Detroit, MI

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: December 15, 1906
Location: Detroit, Michigan (42.331, -83.046)

Metadata

Model: gpt-5-mini
Short Digest: eafbb0325f01d404

Response Measures

None

Description

Article (Dec 15, 1906) refers to the Union Trust Co. as 'receiver', indicating the bank was in receivership/closed by that date. No mention of a prior run or temporary suspension in the excerpt; therefore classified as a suspension leading to closure (receivership).

Events (1)

1. December 15, 1906 Receivership

Newspaper Excerpt: the Detroit National bank for a mandamus to compel Judge Brooke to grant a change of venue in its suit against the Union Trust Co., receiver, involving the validity of one of Frank C. Andrews' certified checks.
Source: newspapers

Newspaper Articles (1)

1. December 15, 1906 Charlevoix County Herald East Jordan, MI

Article from Charlevoix County Herald, December 15, 1906

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Article Text

MICHIGAN BREVITIES. Keweenaw, the northernmost county of the state, now has its first railroad nassoncer service, the Keweenaw Central having put on a train between Molawn anu mandan. Gasoline ignited in the Cosendai dye works, Saginaw, Friday, but the flames were extinguished before the arrival of the fire department by flooding the entire building with steam. It was in this plant that an explosion caused the death of five persons last summer. "Keno cuts into our trade. We want this form of gambling suppressed," is the tenor of a request made by Port Huron butchers to Prosecuting Attorney Alexander Moore. He says that he is prepared to prosecute when a specific complaint is made to him. Indications of oil and gas have created excitement in Midland and Saginaw counties. Kansas City and Pittsburg men are taking up many leases. John Hill, prominent Democratic politician, died Tuesday at his home in Orleans township, as a result of being struck by a Pere Marquette passenger train. The supreme court heard arguments Tuesday on the application of the Detroit National bank for a mandamus to compel Judge Brooke to grant a change of venue in its suit against the Union Trust Co., receiver, involving the validity of one of Frank C. An. drows' certified checks.