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Trust Company Fails After Forged Stock Scams In Philadelphia
The City Trust and Safe Deposit company shut doors as state bank examiner Albert K. Tahor was named temporary receiver. The failure stems from forged Ben H. Gaskill stock certificates used to borrow money, leaving a reported loss near $80,000 though collateral value was over $5,000. The investigation spans New York and Pennsylvania banks and awaits estate proceedings. Also reported Penn Mask and Wig Fund donated $5000 to the University of Pennsylvania. and recent baseball results show Athletics beat Cleveland 7 to 3, with other games rained out.
MENTIONED IN THIS ARTICLE
Philadelphia
City Trust and Safe Deposit Company
Albert K. Tahor
J. Hampton Moore
Ben
Nh Gaskill
Moore
Jaana HH. Gaskill & O
Iwans
Gaskill
Benjamin H Gaskill
New York
Gaxki
Gus- Bill
Penn's Mask and Wig Fund
The
Mask and Wis Dramatic Club
University of Pennsylvania
Mr. Hamlet
Denmark