Capital Trust Company (Washington, DC)

Episode Information

Episode UID
1852366091192
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
185236609 hash
Start Date
April 25, 1899
Location
Washington, District of Columbia (38.895, -77.036)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
36836b010bb25d59

Response Measures

None

Description

Court appointed a receiver and later liquidated assets at auction.

Events (3)

1. April 25, 1899 Receivership
Newspaper Excerpt
Benjamin F. Leighton, receiver for the Capital Trust Company, appointed by the court in the case of James Fraser and others against the Capital Trust Company and others
Source
newspapers
2. April 25, 1899 Suspension
Cause
Government Action
Cause Details
Court action in suit (James Fraser et al.) resulted in appointment of a receiver and suspension of regular operations.
Newspaper Excerpt
petition of Benjamin F. Leighton, receiver for the Capital Trust Company, appointed by the court in the case of James Fraser and others against the Capital Trust Company
Source
newspapers
3. April 26, 1901 Other
Newspaper Excerpt
I will sell, at auction, for cash ... on FRIDAY, APRIL TWENTY-SIXTH, 1901, AT TWO P.M., all the notes, stocks, bonds and other assets of the Capital Trust Company.
Source
newspapers

Newspaper Articles (10)

Article from The Evening Times, April 25, 1899

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Article Text

ORDER TO PROCURE NOTES. Latest Development in the Capital Trust Company Case. In the case of James Fraser and others against the Capital Trust Company, Justice Cox today, in connection with the rule to show cause issued to Charles H. Allender, signed an order requiring him to procure from Hayden Johnson the notes referred to in the petition of Receiver Leighton, and deliver them to the latter, subject to final disposition of the matter. The order is made without prejudice to the solicitor's lien, provided the said Hayden Johnson institute proceedings within ten days to assert his rights.


Article from The Times, April 26, 1899

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Article Text

THE CAPITAL TRUST COMPANY. Mr. Allender Ordered to Deliver Notes to the Receiver. On hearing the petition of Benjamin F. Leighton, receiver for the Capital Trust Company, appointed by the court in the case of James Fraser and others against the Capital Trust Company and others, Justice Cox yesterday issued an order requiring Charles H. Allender, one of the defendants, to turn over to the receiver certain notes claimed by G. Rodney Burt, which notes, it is said, are now in the possession of Heyden Johnson, the latter's attorney. The court allowed Mr. Allender ten days in which to assert his rights to the notes in question and withdraw them from Mr. Johnson's possession.


Article from Evening Star, April 28, 1899

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Article Text

Authorized to Make Sale. In the case of James Fraser and others against the Capital Trust Company and others Justice Cox today authorized Recelver Benjamin F. Leighton to sell, in his discretion, certain shares of the insurance company's stock. The court also empowered the receiver to compromise a claim of the Capital Trust Company against H. C. Speer, by releasing Speer from his obligation of guarantee on a note of the Washington and Chesapeake Beach Railway Company, for the sum of $5,000, under certain conditions.


Article from The Times, April 29, 1899

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Article Text

Authorized to Compromise. Benjamin F. Leighton, who was appointed receiver in the case of James Fraser against the Capital Trust Company, was authorized yesterday by an order issued by Justice Cox to compromise the claim of the Capital Trust Company against H. C. Speer by releasing the latter from obligation of guarantee on the note of the Washington and Chesapeake Beach Railway Company for $5,000, on condition that Speer pay the costs of this suit. It was further ordered that Receiver Leighton be empowered to sell twenty shares of the District Title Insurance Company and five shares of the Columbia Title Insurance Company, the same being now the property of the Capital Trust Company.


Article from Evening Star, June 7, 1899

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Article Text

Order in Pending Cause. In the case of James Fraser and others against the Capital Trust Company and others, Justice Cole in Equity Court No. 2 today signed a decree empowering Benjamin F. Leighton, as receiver of the Capital Trust Company, to file a bill in equity against Charles H. Allender and against such other persons as he may deem material, to compel Allender to convey the title to lot 80, square 859, to him as receiver of the Capital Trust Company.


Article from Evening Star, September 27, 1899

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Article Text

THE COURTS. Equity Court No. 1-Justice Hagner. Eastern Trust and Banking Company agt. American Ice Company: reference to auditor ordered. Brewer agt. Hufty: restraining order discharged as to defendants Dunn and Hufty. Fowler agt. Fowler: Hettie J. Cooper appointed gardian ad litem. Fraser agt. Capital Trust Company: payment of rents to receiver ordered. Franklin agt. Kirkham: rule on purchaser discharged and refund ordered. Grayson agt. Wood; appeal bond fixed at $10,000. Burke agt. Drury: payment of rents to Wm. M. Drury ordered Carr agt. Carr; Daniel Murphy appointed guardian ad litem.


Article from Evening Star, April 22, 1901

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Article Text

By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash. at Dowling's Auetion Rooms. 612 E st. n.w., on FRIDAY, APRIL TWENTY-SIXTH. 1901. AT TWO P.M., all the notes. stocks. bonds and other assets of the CapItal Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver, ap20-5t Office. 416 5th st. n.w.


Article from Evening Star, April 23, 1901

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Article Text

JOSEPH R. EDSON, CHARLES B. BAILEY, ap23,30my4&7 Trustees. By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash, at Dowling's Auction Rooms. 612 E st. D.W., on FRIDAY, APRIL TWENTY-SIXTH 1901, AT TWO P.M., all the notes. stocks, bonds and other assets of the CapItal Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver, ap20-5t Office, 416 5th st. n.w.


Article from Evening Star, April 24, 1901

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Article Text

ap17-d&ds By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash, at Dowling's Auction Rooms, 612 E st. n.w., on FRIDAY, APRIL TWENTY-SIXTH, 1901, AT TWO P.M., all the notes, stocks, bonds and other assets of the Capital Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver. Office. 416 5th st. n.w. ap20-5t


Article from Evening Star, April 25, 1901

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Article Text

By virtue of a decree in Equity Cause No. 20242, I will sell, at auction, for cash, at Dowling's Auction Rooms, 612 E st. n.w., on FRIDAY, APRIL TWENTY-SIXTH. 1901, AT TWO P.M., all the notes. stocks, bonds and other assets of the Capital Trust Company. List of assets can be inspected at any time at said auction rooms. B. F. LEIGHTON, Receiver, ap20-5t Office. 416 5th st. n.w.