8833. Waterville Trust Company (Waterville, ME)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust company
Start Date
February 21, 1918
Location
Waterville, Maine (44.552, -69.632)

Metadata

Model
gpt-5-mini
Short Digest
326e38e4

Response Measures

None

Description

Articles show the Waterville Trust Company had receivers appointed (order dated Feb 21, 1918) and later final report accepted with receivers discharged (Aug 1918). No article describes a depositor run; the bank was placed in receivership (government action) and wound up, so classify as suspension leading to closure/receivership.

Events (3)
1. February 21, 1918 Receivership
Newspaper Excerpt
Charles F. Johnson of Waterville ... and Harry L. Holmes ... having filed their account as Receivers of the Waterville Trust Company ... Dated February 21, 1918. A true copy, Attest: C. W. JONES, Clerk (Seal).
Source
newspapers
2. February 21, 1918 Suspension
Cause
Government Action
Cause Details
Court-ordered receivership: bank examiner v. Waterville Trust Company; receivers appointed and account filed with the Supreme Judicial Court.
Newspaper Excerpt
have filed their account as Receivers of Waterville Trust Company. it is here ordered that a hearing upon said account be had before this Court ...
Source
newspapers
3. August 1, 1918 Other
Newspaper Excerpt
FINAL REPORT ACCEPTED Of Joint Receivers of Waterville Trust Co. ... The report was accepted and the joint receivers discharged from further service. ... Harry L Holmes was appointed sole receiver ... to make final report and return to the court on or before Nov. 1. 1918.
Source
newspapers

Newspaper Articles (4)
1. February 25, 1918 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, February 25, 1918

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Article Text

E. J. Roberts, D.D.S. DENTISTRY TELEPHONE CALL 597-W. jan12,mon-wed.tf STATE OF MAINE Kennebec. SS: Supreme Judicial Court in Equity. William B. Skelton, Bank Examiner vs. Waterville Trust Company et als. Charles F. Johnson of Waterville in the County of Kennebec and State of Maine and Harry L. Holmes of Fairfield in the County of Somerset in said State, having filed their account as Receivers of the Waterville Trust Company, it is hereby ordered that a hearing upon said account be had before this Court at the Court House in Augusta in said County of hennebec upon Wednesday the third day of April, A. D. 1918, at ten o'clock in the forenoon, and that notice thereof be given by publishing this order three times in the Waterville Morning Sentinel, a newspaper published and printed at Waterville in said County of Kennebec. and three times in the Daily Kennebec Journal, a newspaper published and printed at Augusta in said County, the last publleation in each case to be at least fourteen days before said hearing. LESLIE C. CORNISH. Chief Justice Supreme Judicial Court. Dated February 21. 1918. A true copy, Attest: C. W. JONES, Clerk (Seal) feb25,d3t

2. February 26, 1918 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, February 26, 1918

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Article Text

ROBERT A. CONY Attorney and Counselor at Law Justice of the Per Notary Public General Law Practice Opera House Block, Augusta, Mai Telephone 490 STATE OF MAINE Kennebec. SS: Supreme Judicial TO in Equity. William B. Skelton, Bank Examiner Waterville Trust Company et als. Charles F. Johnson of Waterville 10 County of Kennebee and State of Ma and Harry L. Holmes of Fairfield in County of Somerset in said State, hav filed their account as Receivers of Waterville Trust Company. it is her ordered that a hearing upon said acco be had before this Court at the C House in Augusta in said County of is nebec upon Wednesday the third day April, A: D. 1918, at ten o'elock in forenoon. and that notice thereof given by publishing this order three the in the Waterville Morning Sentinel newspaper published and printed at W erville in said County of Kennebec. three times in the Daily Kennebec Jo nal. a newspaper published and prim at Augusta in said County, the last P lication in each case to be at least 10. teen days before said hearing. LESLIE C. CORNISH. Chief Justice Supreme Judicial Cour Dated February 21, 1918. A true copy, C. W. JONES, Cterl Attest: (Seal) feb25.dSt

3. February 27, 1918 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, February 27, 1918

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Article Text

E. J. Roberts, D D. DENTISTRY TELEPHONE CALL 597-W. jan12,mon-wed,tf STATE OF MAINE Kennebec, SS: Supreme Judicial a in Equity. William B. Skelton, Bank Examiner Waterville Trust Company et als. Charles F. Johnson of Waterville in County of Kennebec and State of Ma and Harry L. Holmes of Fairfield in County of Somerset in said State, have filed their account as Receivers of Waterville Trust Company, it is here ordered that a hearing upon said accor be had before this Court at the Col House in Augusta in said County of M nebec upon Wednesday the third day April, A. D. 1918, at ten o'clock in forenoon, and that notice thereof given by publishing this order three the in the Waterville Morning Sentinel newspaper published and printed at W erville in said County of Kennebec. three times in the Daily Kennebec Jo, nal. a newspaper published and prin at Augusta in said County, the last p lication in each case to be at least to teen days before said hearing. LESLIE C. CORNISH, Chief Justice Supreme Judicial Cour Dated February 21, 1918. A true copy. Attest: C. W. JONES, Cler (Seal) feb25.d3t

4. August 2, 1918 Daily Kennebec Journal Augusta, ME
Article from Daily Kennebec Journal, August 2, 1918

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Article Text

FINAL REPORT ACCEPTED Of Joint Receivers of Waterville Trust Co. at Hearing Thursday Hearing was held before Chief Justice Leslie C. Cornish Thursday morning at the court house on the final report of Hon. Charles F. Johnson and Harry L. Holmes of Waterville, joint receivers of the Waterville Trust Co. The report was accepted and the joint receivers discharged from further service. There is a small balance on hand in the form of dividends belonging to parties whose residences have not been ascertained and also a small balance where checks have been sent out for dividends by the receivers but have not been returned. In order to disburse these small balances Harry L Holmes was appointed sole receiver with authority to advertise the names of the depositors and the amounts due them. and to make final report and return to the court on or before Nov. 1. 1918. Those present. at the hearing on Thursday morning were: Hon. Charles F. Johnson and Harry L. Holmes of Waterville. receivers: Lewis G. Whipple of Waterville, auditor, and Carroll N. Perkins of Waterville, counsel for the receivers.