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Trust company   Listen
noun
Trust company  n.  Any corporation formed for the purpose of acting as trustee. Such companies usually do more or less of a banking business.






Collaborative International Dictionary of English 0.48








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"Trust company" Quotes from Famous Books



... however, they are largely owned by the merchants and others who patronize them, and the instances of this power being abused are, therefore, not common. It is to be remembered, in discussing this, as in other monopolies, that the power of a monopoly depends entirely upon its degree. A bank, trust company, or real-estate guaranty company which has a great capital, an established reputation for safety and conservatism, sole control of many special facilities, and conveniences for obtaining and dispatching business, has a real monopoly, whose degree varies with the tendency people have ...
— Monopolies and the People • Charles Whiting Baker

... automobile every summer. He was accustomed to life in the open and generally carried a camping outfit. His description tallied with that which had been sent. He had left definite instructions with a trust company about the disposal of his fortune, and about his burial, in case of his death. Would the county authorities at White Lodge please ...
— Mystery Ranch • Arthur Chapman

... Philadelphia from the West Indies the treasure was deposited in a strong box of a local trust company. From it the expenses of the trip were paid, and the sailors who had aided in the search were suitably rewarded. Later on the balance of the treasure was divided according to the terms of Mr. Stanhope's will. This placed ...
— The Rover Boys at College • Edward Stratemeyer

... story is true to life, laden with adventure, spirit and the American philosophy. She has refused to accept any remuneration for the magazine publication or for royalties on the book rights. The money accruing from her labor is being set aside in The Central Union Trust Company of New York City as a trust fund to be used in some charitable work. She has given her book to the public solely because she believes that it contains a helpful message for other women, It is the gracious gift of a woman who ...
— The Log-Cabin Lady, An Anonymous Autobiography • Unknown

... to an estate. The father dies, leaving his son the title deeds to a piece of city land. If he has no confidence in his son's business ability or if his son is a minor, he may leave the land in trust, and have it administered in his son's interest by some well organized trust company. The father did not make the land, though he did buy it. The son neither made nor bought the land, it merely came to him; and yet each year he receives a rent-payment upon which he is able to live comfortably without doing any work. It must at once be apparent that this son of his father, economically ...
— The American Empire • Scott Nearing

... Australia, and China (vide Banks, p. 258)—were the only depositaries for the Insular Treasury, outside the Treasury itself. In the meantime, two important American banks established themselves in the Islands—namely, the "Guaranty Trust Company," and the "International Banking Corporation." On May 15, 1902, the "Guaranty Trust Company" was appointed a depositary for Philippine funds both in Manila and in the United States; and on June 21 following the "International Banking Corporation" was likewise appointed a depositary ...
— The Philippine Islands • John Foreman

... the United States was in the grip of a financial panic. Much damage was done, and much more was threatened. One great New York trust company was compelled to close its doors, and others were on the verge of disaster. One evening in the midst of this most trying time, the President was informed that two representatives of the United States Steel Corporation wished to call upon him the next morning. As he was at breakfast ...
— Theodore Roosevelt and His Times - A Chronicle of the Progressive Movement; Volume 47 in The - Chronicles Of America Series • Harold Howland

... Stillman, its president and head, who is also one of the inner circle of "Standard Oil" chiefs, should participate. Something was due also to J. Pierpont Morgan & Co., and to Frederick Olcott, president of the Central Trust Company of New York, who were on the board of directors. On the board of directors, too, was Governor Flower, of the banking and brokerage house of Flower & Co., who had acted as fiscal agents for the corporation at its formation. ...
— Frenzied Finance - Vol. 1: The Crime of Amalgamated • Thomas W. Lawson

... faces had filled the chairs—the talk had varied; though he felt only the weary monotony of it all. Sometimes there had been hours of tense excitement, when even his uncle had stood by the ticker, and when every bankable security in the box had been overhauled and sent post-haste to the bank or trust company. Jack, followed by the porter with a self-cocking revolver in his outside pocket, had more than once carried the securities himself, returning to the office on the run with a small scrap of paper good for half a million or so tucked away in his inside ...
— Peter - A Novel of Which He is Not the Hero • F. Hopkinson Smith

... firms who had drafts to meet on that day were provided with the necessary loans by two banks and a trust company at 8 per cent. The amount of securities due from Europe was undoubtedly large, but the great bulk of it had not been shipped and the shipment of it was postponed for many weeks afterward. The extraordinary statement that $40,000,000 or $50,000,000 were ...
— The New York Stock Exchange in the Crisis of 1914 • Henry George Stebbins Noble

... the substantial owner of half the property in the city of Mexico, gives him a power over his tenants unknown under our system of laws. Besides this, a large portion of the Church property is in money, and the Archbishop is the great loan and trust company of Mexico. Nor is this power by any means an insignificant one. A bankrupt government is overawed by it. Men of intellect are crushed into silence; and no opposition can successfully stand against the influence of this ...
— Mexico and its Religion • Robert A. Wilson

... will give the hero no further trouble. Dr. Martin told mother to-day that Mr. Crewe's mind had broken down, and they had brought him out from New York. He got up in a directors' meeting and tried to kill the president of the Pacific Trust Company, with a chair. He went suddenly mad, ...
— The Sleuth of St. James's Square • Melville Davisson Post

... to Europe, was experiencing seasickness for the first time. Calling his wife to his bedside, he said in a weak voice: "Jennie, my will is in the Commercial Trust Company's care. Everything is left to you, dear. My various stocks you will find in my safe-deposit box." Then he said fervently: "And, Jenny, bury me on the other side. I can't stand this trip again, alive or ...
— Toaster's Handbook - Jokes, Stories, and Quotations • Peggy Edmund & Harold W. Williams, compilers

... large as his own, and derived from the same source, lies idle in the vaults of a trust company awaiting a claimant who cannot be found. Her name is Mary Darrell, and though from the very first Peveril has guarded her interests more jealously than his own, and though he has made every effort to discover her, her fortune still awaits ...
— The Copper Princess - A Story of Lake Superior Mines • Kirk Munroe

... she herself sent him away? Had not she herself suggested this very thing in a roundabout way? It had come now. What must she do? Stay here as a pensioner? The idea was objectionable to her. And yet he had set aside a goodly sum to be hers absolutely. In the hands of a trust company in La Salle Street were railway certificates aggregating seventy-five thousand dollars, which yielded four thousand five hundred annually, the income being paid to her direct. Could she refuse to receive this money? There was ...
— Jennie Gerhardt - A Novel • Theodore Dreiser

... who almost completely ruined a promising social career by the unexpected failure of one of his pet juggling tricks and the consequent dumping of a large dish of mashed potatoes on the head of a vice-president of the Equitable Trust Company. Besides, people almost ...
— Perfect Behavior - A Guide for Ladies and Gentlemen in all Social Crises • Donald Ogden Stewart

... to these occurrences, she had married George Ramsey, President of the Gotham Trust Company, which institution had recently absorbed half a dozen weaker concerns doing a similar business, and more recently had taken over from the New York bankers, who were stockholders in the trust company, the handling of most of the public utility securities ...
— An American Suffragette • Isaac N. Stevens

... Royal Household, and the line of march was down Piccadilly as far as Forty-second Street, over to Hyde Park, and by way of Hyde Park west to Eighth Avenue to Mr. Lord George's office in the London & Liverpool Title Guarantee and Trust Company Building. The order of ...
— Potash and Perlmutter Settle Things • Montague Glass

... its branches throughout Germany will cash forAmericansonly letters of credit and checks issued by good American banks in limited amounts. Included in this category are the checks of the Bankers' Association, Bankers' Trust Company, International Mercantile Marine Company, and American Express Company. All checks and letters of credit must, however, be stamped by American consuls, and consuls must see that the consular stamp is affixed to those ...
— My Four Years in Germany • James W. Gerard

... of the latter plan there awaits the draft of Robert Chalmers, who bears letters from David Lockwin, the sum of $75,000. This deposit is in the Coal and Oil Trust Company's institution at New York. The amount is half of Lockwin's estate. Esther ...
— David Lockwin—The People's Idol • John McGovern

... if it is true it solves the mysterious robberies of the Strongburg Trust Company's office, the post office, ...
— Ted Strong's Motor Car • Edward C. Taylor

... looking for notoriety here to-night. I merely want to boost a good thing along. Now I don't want to force a donation on this society, but if you will accept it you are welcome to it; if you cannot see your way clear to accept it, I beg of you to borrow from my trust company as freely as you wish. I will accept the signatures of your ...
— A Canadian Bankclerk • J. P. Buschlen

... Elisha Porter Bayne coincided. You'd think so if you could see 'em bunched once; for Elisha P. is a mighty fine man; you know, one of our most prominent and highly respected citizens. Everybody says so. The local weekly always prints it that way. Besides, he's president of the Trust Company, head of the Buildin' and Loan, chairman of the School Board, and a director of such things as the Old Ladies' Home, the Hospital, and the Nut and Bolt Works. Always wears a black frock coat and a white string ...
— Shorty McCabe on the Job • Sewell Ford

... became mellower, richer, and more splendid; the jewellery in the restaurants more gorgeous. Gotham was beginning to be its own again, jacked up by the Horse Show, the New Theatre, and the Opera; and by that energetic Advertising Trust Company with its branches, dependencies, and mergers, which is called Society, and which is a matter of eternal vigilance and desperate business instead of the relaxation of cultivated security in an accepted ...
— The Common Law • Robert W. Chambers

... watching, with increasing misgivings, the affairs of that notorious banking bubble, more pretentiously known as the Freedman's Savings and Trust Company. To protect the rights of the depositors of the defunct institution, he offered the following resolution, on April ...
— The Journal of Negro History, Volume 7, 1922 • Various

... the restaurant Paillard and met there M. Arthur Meyer, M. Max-Lyon, Matre Charles Philippe of the French Bar, and Mr. Slade, manager of the Paris branch of the Equitable Trust Company. War! War! War! was the subject of the conversation, but no real news from the front except of outpost fighting, with success for the French and the Belgians. Gabriele d'Annunzio's flaming "Ode for the Latin Resurrection," published to-day in the Figaro, is evidently ...
— Paris War Days - Diary of an American • Charles Inman Barnard

... maximum display of jewelry, too, and Mamise wore all she had. She had taken her gems from their prison in the safe-deposit box in the Trust Company cellar. They seemed to be glad to be at home in the light again. They reveled in it, winking, laughing, playing a kind of game in which light chased light ...
— The Cup of Fury - A Novel of Cities and Shipyards • Rupert Hughes

... war should happen to come when they had so little money. Argensola was hating the banks even more than the Central Powers, distinguishing with special antipathy the trust company which was delaying payment of Julio's check. How lovely it would have been with this sum available, to have forestalled events by laying in every class of commodity! In order to supplement the domestic scrimping, he again had to solicit the aid of Dona Luisa. War had lessened Don Marcelo's precautions, ...
— The Four Horsemen of the Apocalypse • Vicente Blasco Ibanez

... whole Pacific coast, stopped off a while at Banff, and worked hack home through Quebec and the White Mountains. Think of all the carfares and tips to bell-hops that means! He don't have to worry, though. Income is Westy's middle name. All he knows about it is that there's a trust company downtown somewheres that handles the estate and wishes on him quarterly a lot more'n he knows how to spend. ...
— Wilt Thou Torchy • Sewell Ford

... signalled his peculiar sense. There was no doubt that to her it was due. Susceptible as he was to odours, Baldur was not a ladies' man. He went into society because it was his world; and he attended in a perfunctory manner to the enormous estate left him by his father, bound up in a single trust company. But his thoughts were always three thousand miles away, in that delectable city of cities, Paris. For Paris he suffered a painful nostalgia. There he met his true brethren, while in New York he felt an alien. ...
— Visionaries • James Huneker

... The money came to us in a cashier's check on the Ranchers' Trust Company of New Austin with an anonymous letter asking that it be deposited to Mayor Bonney's account. The letter was typed on a sheet of yellow paper ...
— Lone Star Planet • Henry Beam Piper and John Joseph McGuire

... the Metropolitan Bank and Bank of America; and with the very wealthy and most respectable firm of Schuchhardt & Gebhard, of Nassau Street. Every thing went along swimmingly till the 21st of August, when all Wall Street was thrown into a spasm by the failure of the Ohio Life and Trust Company, and the panic so resembled that in San Francisco, that, having nothing seemingly at stake, I felt amused. But it soon became a serious matter even to me. Western stocks and securities tumbled to such a figure, that all Western banks that held such securities, and had procured advances ...
— The Memoirs of General W. T. Sherman, Complete • William T. Sherman

... was forty he was once more a fairly rich man. He had left the practice of law to become the president of the Peter Stuyvesant Trust Company, for which he had been counsel. After fifteen years he had retired from this, too, and had become, what he insisted nature had always intended him to be, a gentleman of leisure. He retained a directorship in the trust company, was a trustee of his university, and was ...
— The Happiest Time of Their Lives • Alice Duer Miller

... trust company people whether she's in sight anywhere, and they assure me that she is not on these shores. Torrence, the third vice-president—you know Torry; he was in the class ahead of us at college, the man who never smiles—Torry seemed anxious to learn about her from me, which is certainly ...
— Lady Larkspur • Meredith Nicholson

... immediately to the trust company which had her property in keeping, and, having complied with the forms, obtained the entire sum, then parted on Broadway, to rendezvous at the train. Mr. Muir gave the radiant girl a look which she valued more than the money. He then went to his bank. The official whom he accosted had been rather ...
— A Young Girl's Wooing • E. P. Roe

... three dark flights difficult, and because the first small fruit of success burst in Millie Moores's mouth, releasing its taste of wine, she withdrew her three-figure savings account from the Manhattan Trust Company, rented an elevator-service, mauve-upholstered establishment on middle Broadway, secured the managerial services of a slender young man fresh from the Louis Quinze rooms of Madam Roth—Modes, Fifth Avenue, ...
— Every Soul Hath Its Song • Fannie Hurst

... financial institutions were doing business in reclaimed ruins. One of these was the California Safe Deposit and Trust Company, which had made spectacular history of late. It was said that spiritualism entered into its affairs. Frank had been working on the story, ...
— Port O' Gold • Louis John Stellman

... done everything. He's opened the South, he's restored trade, he's made an honest fortune out of the carpet-baggers. It's something to own nine-tenths of the Old Dominion Tobacco Works, and to be vice-president of the Bonfield Trust Company, but it's a long sight better to be president of the Great South Midland and Atlantic Railroad. If you happen to know of a bigger job than that, I wish ...
— The Romance of a Plain Man • Ellen Glasgow

... as well favored as is good for a young man, with straight-gazing though at times rather dreamy gray-green eyes, kinky brown hair and a frank friendly manner that was very engaging. Since his tenth year he had been alone in the world, with a guardian trust company for sole relative. But he tried to make up for that by having many friends. He did not have to try ...
— The House of Toys • Henry Russell Miller

... philanthropist. "Not necessary, old man— if you'll drop in at the Kern County Bank and Trust Company in Bakersfield to-morrow and get me a check-book. I have owed you fifty for three years and I'd like ...
— The Long Chance • Peter B. Kyne



Words linked to "Trust company" :   trust corporation, financial institution



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