8999. City Bank (Detroit, MI)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 9, 1909
Location
Detroit, Michigan (42.331, -83.046)

Metadata

Model
gpt-5-mini
Short Digest
41f9ebd2

Response Measures

None

Description

Articles (Apr 9–10, 1909) identify the Union Trust Co. as receiver of the City Bank, indicating the bank was in receivership (closed) and there is no mention of a depositor run in these excerpts. Therefore this is a suspension/closure with a receiver assigned.

Events (1)

1. April 9, 1909 Receivership
Newspaper Excerpt
Of this amount $5,050 is a joint award to the Union Trust Co., receiver of the City bank
Source
newspapers

Newspaper Articles (2)

Article from The Detroit Times, April 9, 1909

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Article Text

# STREET OPENING AWARD. Jury Allows $5,062.50 for Damages in Breckenridge Work. A jury in Judge Connolly's court, Friday, awarded $5.062.50 to owners of property taken in the opening of Breckenridge-st., from Williams to Maybury-ave. Of this amount $5,050 is a joint award to the Union Trust Co., receiver of the City bank, the City & Suburban Homes Co., Ltd., and the People's Ice Co., the last two names having a contract interest in the property. The amount asked was over $10,000.


Article from The Detroit Times, April 10, 1909

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Article Text

# STREET OPENING AWARD. Jury Allows $5,062.50 for Damages in Breckenridge Work. A jury in Judge Connolly's court, Friday, awarded $5,062.50 to owners of property taken in the opening of Breckenridge-st., from Williams to Maybury-ave. Of this amount $5,050 is a joint award to the Union Trust Co., receiver of the City bank, the City & Suburban Homes Co., Ltd., and the People's Ice Co., the last two names having a contract interest in the property. The amount asked was over $10,000.