Bank of Bridgeport - Bridgeport, AL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 19, 1910
Location: Bridgeport, Alabama (34.948, -85.714)

Metadata

Model: gpt-5-mini
Short Digest: a16f8273

Response Measures

None

Description

Article (Birmingham Age-Herald, 1910-06-20) reports the Bank of Bridgeport 'recently closed its doors' and J. W. Gay was appointed receiver June 19, 1910. No mention of a depositor run; closure appears due to insolvency leading to receivership.

Events (2)

1. June 19, 1910 Receivership

Newspaper Excerpt: J. W. Gay of the First National bank of Scottsboro has been appointed receiver for the Bank of Bridgeport, which recently closed its doors. Mr. Gay expects the assets to pay the depositors the sum due them, about $16,000.
Source: newspapers

2. June 19, 1910 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed its doors and a receiver was appointed; assets expected to pay depositors indicating insolvency.
Newspaper Excerpt: J. W. Gay ... has been appointed receiver for the Bank of Bridgeport, which recently closed its doors.
Source: newspapers

Newspaper Articles (1)

1. June 20, 1910 The Birmingham Age-Herald Birmingham, AL

Article from The Birmingham Age-Herald, June 20, 1910

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Article Text

Receiver Appointed Huntsville, June 19.-(Special.)-J. W. Gay of the First National bank of Scottsboro has been appointed receiver for the Bank of Bridgeport, which recently closed its doors. Mr. Gay expects the assets to pay the depositors the sum due them, about $16,000.