Bath Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: January 7, 1918
Location: Bath, Maine (43.911, -69.821)

Metadata

Model: gpt-5-mini
Short Digest: 8690c626

Response Measures

None

Description

Article (Daily Kennebec Journal, 1918-01-07) lists assets 'in the hands of the Receiver' and is signed 'The Bath Trust Company, Receiver.' No mention of a depositor run — bank is in receivership and settlement is delayed pending sale of real estate.

Events (1)

1. January 7, 1918 Receivership

Newspaper Excerpt: Assets now in the hands of the Receiver... The Bath Trust Company, Receiver. (Signed) W. B. MUSSENDEN. Treasurer.
Source: newspapers

Newspaper Articles (1)

1. January 7, 1918 Daily Kennebec Journal Augusta, ME

Article from Daily Kennebec Journal, January 7, 1918

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Article Text

Assets now in the hands of the Receiver at par value: $5000 Concord, Maynard & Hudson St., (Mass.) 5s, 1922. 5,000 Kansas City. Excelsior Springs & Northern. 4s, 1928. 5,000 Rochester, Syracuse & Eastern Electric, 5s, 1945 (Old Colony Trust Co. rec't). 5,000 Rutland-Canadian, 4s, 1949. 2.000 St. Louis & San Francisco Cons. Mtg., 4s, 1951 (Central Trust Co. rec't). 20 shares Duluth-Superior Traction Co., pref. 8 shares Kansas City Southern, pref. 23 shares First National Bank of Bath, Maine. 1.200 5% Gold Bonds Mississippi Valley Ry. & Power Co. 3 shares (com.) Mississippi Valley Ry. & Power Co. 19½ shares (pref.) Mississippi Valley Ry. & Power Co. 15 shares Pittsburgh & West Virginia R. R., pref. 30 shares Pittsburgh & West Virginia R. R., com. Collateral loan uncollected, $2.000.00 Jackson Block Shop (mortgage foreclosed), 6.000 Cash on deposit, 6.702. 40 The delay in settlement of the affairs of this bank is caused by not being able to sell real estate. Respectfully submitted. The Bath Trust Company, Receiver. (Signed) W. B. MUSSENDEN. Treasurer.