Provident Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: April 9, 1898
Location: St Paul, Minnesota (44.944, -93.093)

Metadata

Model: gpt-5-mini
Short Digest: a247cdcd4ab5cfd4

Response Measures

None

Description

Article reports the Provident Trust Company of St. Paul was assigned to Edward Yanish on April 9, 1898 and a schedule of assets and liabilities was filed April 21, 1898. This indicates the company entered receivership/assignment (failure) with doubtful assets; no run or reopening is mentioned.

Events (1)

1. April 9, 1898 Receivership

Newspaper Excerpt: Provident Trust company, which assigned to Edward Yanish on the 9th inst., has been filed with the clerk of the district court. It places the assets at $221,051.37 and the liabilities at $24,069.88. Some of the assets are said to be of doubtful value.
Source: newspapers

Newspaper Articles (1)

1. April 21, 1898 The Madison Daily Leader Madison, SD

Article from The Madison Daily Leader, April 21, 1898

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Article Text

Provident Trust Company's Schedule. ST. PAUL, April 21.-The - schedule of assets and liabilities of the Provident Trust company, which assigned to Ed. ward Yanish on the 9th inst., has been filed with the clerk of the district court. It places the assets at $221,051.37 and the liabilities at $24,069.88. Some of the assets are said to be of doubtful value.