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List of Safe Deposit, Loan and Trust Companies chartered by this Commonwealth and now transacting Business, giving

the Amount of Capital, Surplus, Deposits, Trust Funds, etc., Oct. 31, 1893.

NAME OF COMPANY.

Date of
Incorporation.

Capital.

Surplus
or Guaranty

Fund.

Undivided
Earnings.

Deposits.

Cash on
Trust Funds. Hand and in

Banks.

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American Loan and Trust Company, Boston,
Bay State Trust Company, Boston,
Beacon Trust Company, Boston,
B.M.C. Durfee Safe Deposit and Trust Company, Fall River,
Boston Safe Deposit and Trust Company, Boston,
Cambridge Safe Deposit and Trust Company, Cambridge,
Gloucester Safe Deposit and Trust Company, Gloucester,
Hlaverhill Safe Deposit and Trust Company, Haverhill,
International Trust Company, Boston,
Lowell Trust Company, Lowell,
Lynn Safe Deposit and Trust Company, Lynn,
Massachusetts Hospital Life Insurance Company, Boston,
Massachusetts Loan and Trust Company, Boston, .
Mattapan Deposit and Trust Company, South Boston,
Mercantile Loan and Trust Company, Boston,
New Bedford Safe Deposit and Trust Company, New Bedford, .
New England Trust Company, Boston,
Old Colony Trust Company, Boston,
Plymouth County Safe Deposit and Trust Company, Brockton,
Security Safe Deposit and Trust Company, Lyon,
Springfield Safe Deposit and Trust Company, Springfield,
State Street Safe Deposit and Trust Company, Boston,
Worcester Safe Deposit and Trust Company, Worcester,

Mar. 12, 1881, $1,000,000 00 $500,000 00 $123,794 46 $4,090,943 30

$1,398,100 32 April 4, 1887, 200,000 00 25,000 00 50,660 03 1,502,482 18

515,037 07 June 14, 1892, 200,000 00

13,314 33 212,723 17

91,047 98
Mar. 16, 1887, 400,000 00

75,398 37 1,044,204 43 $35,000 00 217,456 97
April 13, 1867, 1,000,000 00 800,000 00 263,021 80 5,859,744 75 4,075,083 04 1,768,609 12
May 8, 1890, 100,000 00

14,759 95 220,354 02

73,848 09 Feb. 20, 1891, 100,000 00

20,833 78 279,840 60

35,919 49
Mar. 24, 1891, 200,000 00 20,000 00 9,712 05 165,172 13

22,668 77
Mar. 25, 1879, 1,000,000 00 800,000 00 265,211 81 4,829,694 28 1,113,388 63 666,855 64
May 23, 1890, 125,000 00

20,702 19 1,114,591 57

282,372 50
April 20, 1887, 100,000 00 50,000 00 8,045 19 513,934 28

79,681 38
Feb. 24, 1818, 500,000 00 158,077 81 1,224,492 05 20,063,280 92

367,395 16
June 3, 1870, 1,000,000 00 200,000 00 67,140 75 1,505,864 95

359,470 53
Mar. 7, 1891, 100,000 00

13,915 56 321,051 09

75,246 77
May 29, 1888, 250,000 00 10,563 62 16,206 42 425,478 81 73,210 58 154,810 25
Mar. 2, 1887, 200,000 00

12,105 06 305,422 78

101,117 73
April 22, 1869, 1,000,000 00 1,000,000 00 444,005 84 12,087,177 63 1,895,503 18 4,310,022 05
May 8, 1890, 1,000,000 00 500,000 00 210,248 53 8,426,137 00

3,674,723 62
June 14, 1892, 100,000 00

512 16 43,426 55

2,863 11
April 26, 1890, 200,000 00 45,000 00 15,115 87 651,900 83 24,408 56 114,493 71
June 18, 1885, 300,000 00 100,000 00 31,888 89 1,311,347 35 57,774 51 271,605 96
April 13, 1891, 300,000 00

12,935 52 962,344 99 129,197 47 227,441 15 Mar. 16, 1868, 200,000 00 100,000 00 37,722 30 1,871,057 82 129,726 69 331,960 67

$9,575,000 00 $4,308,641 43 $2,951,742 91 $67,808,175 43 $7,533,292 60 $15,142,748 04

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Suffolk Trust Company.
This company was enjoined by the Supreme Judicial Court,
Sept. 3, 1891.

It must not be supposed, however, that because it has been in the hands of a receiver for over two years the liquidation of its assets has been unnecessarily delayed. The character of its paper, the difficulty of transferring its various trusts, as well as the many legal questions arising through its relation with outside affairs, have all been a source of much anxiety and trouble to the receiver. The assets have been so far collected as to warrant the declaration of a dividend of thirty per cent. which was allowed by the court Aug. 25, 1893.

The character of the assets remaining in the receiver's hands and the changes which have been made in them are exhibited in the following table :

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Changes in Assets of Suffolk Trust Company - Nov. 1, 1892, to Oct. 31, 1893.

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CONCLUSION. The Legislature of 1893, having authorized the Board to compile the laws relating to Savings Banks and Institutions for Savings and to report to the present Legislature, no suggestions or recommendations for legislation in regard to such institutions are made in this report. Whatever amendments in the opinion of the commissioners are required will be suggested in their special report on the compilation of the savings bank laws, to be submitted later in the session.

In the following pages will be found a detailed statement of the condition of each institution at the close of business Oct. 31, 1893, together with the laws relating to savings banks and trust companies corrected to date.

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