gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
effff5bcc086894c
Response Measures
None
Description
Receivers appointed Oct. 9–10, 1907; branches closed and receivers administering assets.
Events (2)
1.October 10, 1907Other
Newspaper Excerpt
The doors of two banks in this county closed yesterday...Both are branches of the Farmers' Trust, Banking and Deposit Company, of Baltimore. Instructions had been received from Baltimore during the afternoon to close the banks.
Source
newspapers
2.October 10, 1907Receivership
Newspaper Excerpt
Receivers today took charge of the Farmers' Trust, Banking and Deposit Company. Beverly W. Mister and Eldridge S. Johnson...were appointed receivers, and each gave bond for $100,000.
Source
newspapers
Newspaper Articles (10)
1.October 10, 1907The Washington TimesWashington, DC
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Article Text
BALTIMORE BANK FAILS; TIGHT MONEY BLAMED BALTIMORE, Oct. 10.-Receivers today took charge of the Farmers' Trust, Banking and Deposit Company. Beverly W. Mister and Eldridge S. Johnson yesterday were appointed receivers, and each gave bond for $100,000. Tightness of the money market and failure to realize on its assets are given by the board of directors of the company as the reason for the failure. The receivers were named upon the application of Alexader H. Robertson, a depositor and a director in the company. The company was organized under a charter granted five years ago and had branches at several places in the State.
2.October 10, 1907The Evening Star and Newark AdvertiserNewark, NJ
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Article Text
MONEY TIGHT, TRUST CO. GIVES UP. BALTIMORE, Md., Oct. 10.-Receivers have been appointed on the application of Alexander H. Robertson, with the assent of the company for the Farmers' Trust. Banking and Deposit Company, of this city. Tightness of, the money market is given as the cause of the embarrassment of "the company, which conducted banking institutions at Galena, Md., under the name of Galena Bank; Darlington, Md., under the name of the Darlington Bank; Keedysville, Md., under the name of the Keedysville Bank; Mount Airy, Md., under the name of the Mount Airy Bank and at Hancock, Md., under the name of the Washington County Bank.
3.October 10, 1907Arizona RepublicanPhoenix, AZ
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Article Text
BALTIMORE BANK. Passed Into the Hands of Receivers Yesterday. Baltimore, Oct. 9.-Receivers today were appointed on the application of Alexander H. Robertson, with the assent of the company for the Farmers' Trust Banking and Deposit company of this city. The receivers are Messrs. Beverly W. Mister, and E. S.Johnson, both of whom qualified by filing a bond of $100,000. The tightness of money is given as a cause of the embarrassment of the company which conducted banking institutions in several towns in Maryland. Officials decline to make any statement of the financial condition of the bank.
4.October 10, 1907The Marion Daily MirrorMarion, OH
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Article Text
Receivers for a Bank are Named. Baltimore, Oct. 10.-Receivers were appointed Wednesday for the Farm. ers' Trust, Banking and Deposit Co. of this city, Tightness of the money market is given as the cause of the embarrassment of the company, which conducted banking institutions in five towns in Maryland.
5.October 10, 1907Los Angeles HeraldLos Angeles, CA
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Article Text
BALTIMORE BANK IN HANDS OF RECEIVER Farmers Trust and Deposit Company, Conducting a Wide Business in the State, Seriously Embarrassed By Associated Press. BALTIMORE, Oct. 9.-Receivers were appointed today on the application of Alexander H. Robertson with the assent of the company for the Farmers Trust, Banking and Deposit company of this city. The receivers are Messrs. Beverly W. Mister and E. S. Johnson, both of whom qualified by filing a bond for $100,000. Tightness of money is given as the cause of the embarrassment of the company, which conducted banking institutions in several towns in Maryland. Officials decline to make any statement of the financial condition of the bank.
6.October 11, 1907The Washington HeraldWashington, DC
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Article Text
Equity\ Suits. No. 27399. Flory Maglen VS. Josephine A. Maglen: limited divorce. No. 27400. Henry A. Pressey vs. Kate Royce Latimer et al.; partition. Complainant's solicitors, Sleman & Lerch. No. 27402. Henry K. White vs. unknown heirs of Thomas Young et al.; to quiet title. Complainant's solicitors, George C. Gertman/ No. 27402. In re Farmers' Trust, Banking and Deposit Company of Baltimore, Md.; to appoint ancillary receivers. Attorneys, Maddox & Gatley.
7.October 17, 1907Cameron County PressEmporium, PA
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Article Text
Receivers for a Bank are Named. Baltimore, Md. -------- Receivers were appointed Wednesday for the Farmers' Trust, Banking and Deposit Co. of this city. Tightness of the money market is given as the cause of the embarrassnient of the company, which conducted banking institutions in five towns in Maryland.
8.October 17, 1907The Fulton County NewsMcConnellsburg, PA
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Article Text
Two Banks Close. Hagerstown, Oct. 10.-The do ors of two banks in this coun ty closed yesterday-the Washington County Bank, Hancock, of which Raymond Henderson is cashier, and the Keedysville Bank, Keedysville, Charles E Koogle, cashier. Both are branches of the Farmers' Trust, Banking and Deposit Company, of Baltimore. The cashiers said that instruc tions had neen received from Baltimore during the afternoon to close the banks. Tightness of the money mar. ket is the reason assigned for the failure ct the Farmers' Trust, Banking and Deposit Company, Baltimore of which receivers were appointed.
9.October 19, 1907The Cecil WhigElkton, MD
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Article Text
Will Pay In Full The directors of the Galena Bank. a branch of the Farmers' Trust. Banking and Deposit Company of Baltimore, which was closed last Wednesday, owing to the appointment of receivers for the parent company. have announced that they will pay in full all of their depositors and other creditors. This will be good news to a large number of Cecil countians. who have their money deposited in the Galena Bank.
10.November 12, 1908Evening StarWashington, DC
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Article Text
LEGAL NOTICES. MADDOX & GATLEY. ATTORNEYS.-IN THE Supreme Court of the District of Columbia.-In the matter of the Farmers' Trust, Banking and Deposit Company of Baltimore.-Equity No. 27402.-This cause being referred to me to state the account of the receivers and distribution of the funds in their hands, I will proceed with the reference on Wednesday. November 25, 1908, at the rooms of the auditor in the U. S. courthouse, Washington, D.C., at 10 o'clock a.m. All persons having claims against the said corporation are notified to present the same at the said time and place. JAMES G. PAYNE, Auditor. no5-1aw.3t
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.
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Farmers Trust Banking & Deposit Company · UID 9432133191294
