10331. Commercial National Bank (Charlotte, NC)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
2135
Charter Number
2135
Start Date
December 1, 1933*
Location
Charlotte, North Carolina (35.227, -80.843)

Metadata

Model
gpt-5-mini
Short Digest
eb3ef8b814a593b4

Response Measures

None

Description

No article describes a depositor run. Comptroller removed A.D. Burrowes and a receiver was later appointed (Dec 8, 1933), indicating the bank was closed by government action and placed in receivership. Article 1 simply lists routine holiday closings (Jan 1933) and is not a run. OCR minor errors corrected (e.g., 'curency' -> 'currency').

Events (3)

1. February 18, 1874 Chartered
Source
historical_nic
2. December 1, 1933* Suspension
Cause
Government Action
Cause Details
Alfred D. Burrowes was removed by the Comptroller of the Currency, prompting suspension/closure and appointment of a receiver.
Newspaper Excerpt
Pou...declined an offer to become receiver of...the Commercial National bank here South's to succeed Alfred D. Burrowes, removed by the comptroller of currency.
Source
newspapers
3. December 8, 1933 Receivership
Newspaper Excerpt
Former Solicitor Is Named Bank Receiver...has been appointed receiver for the defunct Commercial National bank, succeeding A. D. Burrowes who was removed by the comptroller of the currency.
Source
newspapers

Newspaper Articles (3)

Article from The Charlotte News, January 1, 1933

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Article Text

BANK NOTICE Monday. January being a the following banks be closed American Trust Co. Charlotte National Bank Commercial National Bank Independence Trust Co. Merchants & Farmers National Union National Bank


Article from The Charlotte News, December 6, 1933

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Article Text

Redd Thinks Gold Fever Is Worth Cultivating Would Like To Discuss Possibilities, With View Of Securing Smelter-Thinks Modern Plant Would Make Small Mines Paying Properties. Former Mayor F. M. Redd believes that Mecklenburg and surrounding counties North and South Carolina would be justified in working themselves up mild gold fever. and wants to communicate with those informed on the subject with the end view of of the arranging for practical tests of available gold ore in this tion and the practicability of a smelting plant in this territory. have made close study of this matter over course of months," Redd am convinced that while our in this section contains very if gold am equally convinced that with modern smelting plant, central the would like to communicate cated in some content sufficiently high with those interested the subgold of mines ject and to work out some reasonmake this general territory very profitable. able cooperative plan whereby tests that might be made and. the tests "While do not anticipate justify the enter into gold strikes of great magnitude program looking to the establishwould do think that ment of smelting plant.' THE NEW plant would an 1934 Pou Declines Offer To Become Bank Receiver Pou. local attorney, declined an offer to become receiver of 317 TRYON the Commercial National bank here South's to succeed Alfred D. Burrowes, removed by the comptroller of currency.


Article from The Charlotte News, December 8, 1933

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Article Text

Former Solicitor Is Named Bank Receiver Brassfie Id. former state solicitor here has been appointed receiver for the defunct Commercial National bank, succeeding A. D. Burrowes who was removed by the comptroller of the curency.