Tremont Trust Company Closure Prompts Investigation
A Boston statement by Bank Commissioner Allen accuses Tremont Trust and its Roxbury branch of law violations and large misuses of funds. He alleges overextended loans, stock issued for notes, and reserves below required levels. Beal and Swig dispute the claims, while employees seek full severance pay. The case may go to the Supreme Court for review.
MENTIONED IN THIS ARTICLE
Allen
Age Trust Company
Alleganr
Supreme Court
Trust Company
Swig
Hanover Trust Company
French
Mr Swig
Commissioner Allen
Tremont Trust Company
National Bank
Boston
Roy A. Hovey
Bank Commissioner’s Office
Louis A. Swig
Swig Denies Capital Impairment in Tremont Trust Case
Simon Swig of Roxbury responds to State Bank Commissioner Allen, calls his charges a fish story and a political attack. Swig defends Tremont Trust Company’s solvency, argues notes and stock used as collateral strengthened the bank, and accuses Allen of bias and misstatements. He asserts no legal reserve violations were intentional and cites unrelated bank losses to illustrate broader industry issues.
MENTIONED IN THIS ARTICLE
Simon Swig
Roxbury
Tremont Trust Company
Joseph GC. Allen
Swig
Suffolk C E Convenes February 22 at Dorchester Temple
Advance delegate registration signals about 1000 workers will attend the Suffolk County Christian Endeavor Union convention opening on Washington's Birthday. The gathering will be at Dorchester Temple Baptist Church on Washington Street, with Shaw Union auspices and representatives from six districts across Greater Boston and nearby towns.
MENTIONED IN THIS ARTICLE
Suffolk County Christian Endeavor Union
Washington
Dorchester Temple Baptist Church
Washington Street
Dorchester
Shaw Union
Suffolk County Union
Boston
Ciges
Dorchester Woman Dies After Fall From Window
Miss Martha M. Crombie, 84, died yesterday from injuries after falling from the third story window of her home at 50 Lindsay Street Dorchester. She was shaking a rug at 6 30 in the morning when she toppled onto the sidewalk.
MENTIONED IN THIS ARTICLE
Martha M. Crombie
Lindsay Street
Dorchester
Spy Drop Tactics in World War I Air Reconnaissance Tales
Captain Ferdinand Tuohy recounts intelligence methods used in the war including air drops of agents behind German lines, uniform disguises, night rendezvous, and the use of pigeons and parachutes. The piece highlights risks, procedures, and notable agents such as Aaronson who aided British operations in Palestine and Jerusalem.
MENTIONED IN THIS ARTICLE
Ferdinand Tuohy
Intelligence Department
Flanders
Mespot
Struma
Gaza
Seven Seas
Tuohy
Belgium
Holland
Brussels
Luxembourg
Captain Tuohy
Palestine
Aaronson
Joppa
Jerusalem
Cambridge Operator Wins Two Tickets to Honors Are Even
Miss Ruth C. Peckham of 74 Rice Street Cambridge a telephone operator in the Cambridge Exchange won the two tickets to Honors Are Even at the Park Square Theatre last night when her name was used in the telephone scene by William Courtenay.
MENTIONED IN THIS ARTICLE
Ruth C. Peckham
Rice Street
Cambridge
Cambridge Exchange
Park Square Theatre
William Courtenay
Conspiracy claims swirl around Tremont Trust figures
Simon Swig denounces a supposed conspiracy against Tremont Trust Company and challenges Bank Commissioner Joseph Allen to reveal conversations with Thomas Beal of the Second National Bank. He defends deposits with a 5 percent savings rate and asserts he will not surrender his reputation or fail to challenge alleged interests seeking to wreck the bank.
MENTIONED IN THIS ARTICLE
Tremont Tru
Simon Swig
Joseph C. Allen
Thomas P. Beal
Second National Bank
Swig
Tremont Trust Company
Inter
Joeseph
Allen
Second National Bank of Boston
Somerset Club
Bank
Standish to Become Frothingham's Secretary
Karl Standish of Canton, now appointed secretary to Louis A. Frothingham the new Congressman from the 14th district, will leave for Washington later this month to begin his duties. Standish served 19 months in France in World War I and was among the first volunteers, later becoming the first commander of the Edward J. Beatty Post American Legion in Canton.
MENTIONED IN THIS ARTICLE
Frothingham
Canton
Karl Standish
Louis A. Frothingham
Washington
Mr Standish
France
Edward J. Beatty
American Legion
Lone bandit robs bank in Stubbenville aftermath
A lone bandit entered the Miners' and Mechanics' Bank at Smithfield and forced Assistant Cashier Albert Ross and clerk Ronald Smith into the vault. He escaped in a car with $2000 in cash.
MENTIONED IN THIS ARTICLE
Stubbenville
Miners’ and Mechanics’ Bank
Smithfield
Albert Ross
Ronald Smith
Also Mentioned on This Page
Hys Swig
Oxbury
Tremont Trust
Artieit
Mr. Allen
Post
Louis Swig
Simon Ig
P. Beal
Presidential Bank of Boston
Tremont
Beal
Les
Aga FP. Bank
Aretully
J. Weston Allen
Torney
Henry A. Wyi
Vistoner
Jackson
Cox
Man
Tremont Trustompany
Bank Missioner
Bank Commissioner's Office
Bank Commissioner’s
International Trust Company
United Shoe Machinery Company
Savings and Trust
Asa P. French
Thomas J. Boynton
Suffolk County C. E
O FF. P. O’ Connor Co
Jersey
Jab Brown
O Connor
Tremont Street
HMN
Secret Corps
Somme
Ghent
Uohy
Boy
Tremont Trust Co
Lone Bandit
Shreve, Crump and Low Company
Sheffield
Massachusetts