gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b50676dec90e3f93
Response Measures
None
Description
Articles report the company as absorbed/defunct and receivership sought; no run reported.
Events (2)
1.January 31, 1912Receivership
Newspaper Excerpt
Suit was filed here today by Harry Bush, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company.
Source
newspapers
2.March 18, 1913Other
Newspaper Excerpt
George B. Cox, former president of the defunct Cincinnati Trust Company ... named in sealed indictments returned by the Hamilton county grand jury.
Source
newspapers
Newspaper Articles (12)
1.May 12, 1911The Marion Daily MirrorMarion, OH
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Article Text
the C. D. & M. to the answer and cross petition of the Cincinnati Trust company, and Leffler, & Bland, were filed without authority, as also was the motion of the C. D. & M. for the appointment of a receiver, and it is again recited that the Marion county court does not have jurisdiction in the matter. Crissinger & Guthery, of Marion, ind Booth, Keating, Peters &1 Pomer
2.January 31, 1912The Detroit TimesDetroit, MI
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Article Text
CHARGES COX AND OTHERS MISUSED FUNDS CINCINNATI, O., Jan. 31.-Suit charging that George B. Cox and the directors of the Cincinanti Trust Co., "Fraudulently misplaced, misused and misapplied" the funds of the Cincinnati Trust Co., of which Cox was president, "for their individual use and gain," and asking an accounting and a receiver for the assets, was filed today in common pleas court. The suit was filed by Attorney Harry C. Busch, on his own behalf, and asks that a receiver take hold of the assets for the purpose of liquidation.
3.January 31, 1912Santa Fe New MexicanSanta Fe., Santa Fe, NM
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Article Text
by RECEIVER ASKED FOR GEORGE B. COX'S BANK. By Special Leased Wire to New Mexican) Cincinnati, Ohio, Jan. 31.-Suit was filed here today by Harry Bush, a stock holder, asking for the appointment of a receiver for the Cincinnati Trust Company, of which George B. Cox was president, and which was recently absorbed by the Provident Savings Bank & Trust Company.
4.January 31, 1912El Paso HeraldEl Paso, TX
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Article Text
ASKS RECEIVER FOR TRUST COMPANY HEADED BY COX Cincinnati, Ohio, Jan. 31.Suit was filed here today by Harry Bush, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company.
5.January 31, 1912Newark Evening Star and Newark AdvertiserNewark, NJ
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Article Text
COX ACCUSED OF $1,000,000 FRAUD NOW G. 0. P. Leader and Officers of Cincinnati Trust Company Sued. CINCINNATI, O., Jan. 31.-Suit charging that Republican Boss George B. Cox and the directors and officers of the Cincinnati Trust Company fraudulently misplaced, misused and misapplied nearly a million dollars of the funds of the Cincinnati Trust Company, of which Cox was president, for their individual use and gain, and asking an accounting and a receiver for the assets, was filed today in Common Pleas Court.
6.January 31, 1912The Daytona Daily NewsDaytona Beach, FL
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Article Text
CHARGE $1,000,000 MISUSED ACCOUNTING NOW DEMANDED BY NEW SUIT IN CINCINNATI REPUBLICAN BOSS COX AND OFFICERS AND DIRECTORS OF TRUST COMPANY ARE NAMED IN THE SUIT. CINCINNATI, Jan. 31 - A suit changing Republican Boss Cox and the directors and officers of the Cincinnati Trust company with having fraudulently misplaced and misused nearly $1,000,000 of the funds of the company for individual gain, and asking that an accounting be demanded and a receiver be appointed, was filed in the common pleas court here today.
RECEIVER IS ASKED FOR CINCINNATI TRUST CO. Cincinnati, Ohio, Jan. 31.-Suit was filed here today by Harry Bush, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings Bank and Trust company.
8.January 31, 1912The Topeka State JournalTopeka, KS
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Article Text
GEORGE B. COX SUED. By Stockholder of Concern of Which He Was President. Cincinnati, Jan. 31.-Suit was filed here today by Harry Busch, a stockholder, asking for the appointment of a receiver for the Cincinnati Trust company, of which George B. Cox was president and which was recently absorbed by the Provident Savings bank and Trust company. The suit was directed at the Cincinnati Trust company, at George B. Cox as president, Nat S. Keith, secretary; F. R. Williams, treasurer, and at several of the directors. It was alleged in the petition that the officers and directors knowingly, wrongfully and fraudulently misplaced and misused teh funds of the property fro their own purpose." Busch also charged that they underwrote and subscribed an amount for the Ford Jonhson company believed to be aggregated $1,000,000 and knowing at the time hat the Ford Johnson company was insolvent.
9.February 4, 1912The Birmingham Age-HeraldBirmingham, AL
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Article Text
CLAIM DIRECTORS GOT "CONSIDERATION Cincinnati, February 3.-Certain directors of the Cincinnati Trust company, of which G. B. Cox was the head, are charged with having receive ronsiderations" from borrowers in a suit filed today in federal court by Harvey Myers, a stockholder. The suit charged that doubtful loans were made under this arrangement and that the "consideration" was not placed among the assets. The suit asks an accounting for $1,048,000; said to have been loaned. Suits asking the appointment of a receiver for the trust company, which has been absorbed by the Provident Savings Bank and Trust company, were filed in the state courts this week.
10.May 3, 1912New-York TribuneNew York, NY
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Article Text
EX-BANK HEAD ACCUSED E. F. Galbreath Arrested for Misapplication of Funds. Cincinnati, May 2.-E. F. Galbreath, expresident of the Second National Bank, of this city, was arrested here to-day by a United States marshal on the charge of misapplication of $33,000 of the funds of the bank. The bank was recently discovered to be in an embarrassed condition, and is now being operated by members of the Cincinnati Clearing House Association, with a new set of officers in control. Galbreath was taken before United States Commissioner Adler. He pleaded not guilty and waived examination. Bond was fixed at $15,000. The arrest of Galbreath came as a development of the investigation of the Second National Bank by R. W. Goodhart, a federal bank examiner, several weeks ago. Goodhart found that the entire surplus of the institution was gone, and that the capital stock would be eaten up in protecting depositors. According to financiers familiar with the affairs of the Second National Bank, one of the chief causes of its troubles was the loaning of a sum, said to be nearly $600,000, on stock of the Ford-Johnson Company, a furniture and chair making concern, which had contracts for convict labor at many state penitentiaries. This security, it is said, deteriorated, particularly after the company was thrown into the hands of a receiver. Just prior to the Clearing House taking charge of the Second National the bank was compelled to charge off the amount of the loan from its surplus. Then other paper was rejected and directors were called on to take up other loans held by the bank. The Ford-Johnson paper also figured in the embarrassment of the Cincinnati Trust Company, of which George B. Cox was president. The trust company was taken over by the Provident Savings Bank and Trust Company several months -ago.
11.March 18, 1913Newark Evening Star and Newark AdvertiserNewark, NJ
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Article Text
CINCINNATI JURY INDICTS G. B. COX True Bills Found Against Him and Other Officers of Defunct Trust Company. CINCINNATI, O., March 18.George B. Cox, former president of the defunct Cincinnati Trust Company: two former officers of the company and eight members of the board of directors, were named in the sealed indictments returned by the Hamilton county grand jury yester day. The envelopes containing the indictments were opened by Judge Cosgrove today. One bill of nine counts charges the "misapplication of $115,000 of the bank's money" through alleged illegal loans to the Ford & Johnson Chair Company, now in the hands of receivers
12.March 18, 1913Rock Island ArgusRock Island, IL
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Article Text
COX IS INDICTED IN A BANK FRAUD Cincinnati, Ohio, March 18.-George B. Cox, former president of the defunct Cincinnati Trust company, two former officers of the company and eight members of the board of direc. tors have been named in sealed ,indictments returned by the Hamilton county grand jury. A bill of nine counts charges "misapplication" of $115,000 of the bank's money through alleged illegai loans to the Ford & Johnson Chair company. now in the hands of receivers. Three officers and six directors are charged with having converted to their own use a promissory note of the trust company for $352,500.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.