Bank of Greenville - Greenville, MS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1891*
Location: Greenville, Mississippi (33.410, -91.062)

Metadata

Model: gpt-5-mini
Short Digest: cf4afd94

Response Measures

None

Description

OCR errors corrected: phrase 'forced to by the wall in December, 1891' interpreted as 'forced to close in December, 1891'. Article describes the bank being forced to close in Dec 1891 with ~ $1,000,000 liabilities and appointment of a receiver (Capt. W. A. Pollock) which was later declared a nullity; indicates permanent closure/receivership of the bank. No explicit mention of a depositor run prior to suspension in this article.

Events (2)

1. December 1, 1891* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank forced to close in December 1891 with heavy liabilities (~$1,000,000), indicating insolvency/financial failure.
Newspaper Excerpt: the case of J. Q. Whitney of New Orleans against the Bank of Greenville, which was forced to by the wall in December, 1891, with liabilities of nearly $1,000,000
Source: newspapers

2. * Receivership

Newspaper Excerpt: the appointment of Capt. W. A. Pollock as receiver of the bank's assets was also declared to nulity and the result is that Mr. Whitney will receive, by virtue of other suit as filed, the principal assets of the bank while the other creditors will get practically nothing.
Source: newspapers

Newspaper Articles (1)

1. November 10, 1894 Macon Beacon Macon, MS

Article from Macon Beacon, November 10, 1894

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Article Text

Miscellaneous Edward Wooderson, a colored farmet living near Mound Bayou, left home with his hounds on a deer hunt last week, and his wife went away to pick cotton, leaving their little child at home. Upon their return the child was found at the gate burned to death. There was a desperate attempt made one night last week to gain access to the Tate County Hink Senatobia, but by the and prompt action of Kerney Crash it was prevented. Young MeDado was preparing to close the bank about 6:30 o'clock. He went to the back door with a lamp in his band, and as he stepped out to lock the door a negro attempted to brain him with an ax. The blow missed McDade, and struck and broke the lamp he held, thus leaving him in the dark. He immediately called for help, ran back, got his pistol and fired at the fleeing form, but owing to the darkness missed the robber, who escaped. No clew to who it was. A number of prominent gentlemen, among them Senator J. Z. George, State Auditor Stone, Gen. Stephen D. Lee, president of the Mississippi Agricultural M. and Mechanical College, and S. Tracy, manager of the government station at Starkville, met at Greenville last week with cititens of the Delta to n discuss the means necessary to secure the establishment of an experiment station in Greenville. A resolution was adopted which asked for small appropriations from the various counties of e the Delta for the establishment and maintenance of the station. 's In the Chancery Court at Greenvilla VS last week, Judge Longino decided in h the case of L. & N. Wilzinski, a firm Ir, which sold out in 1892, with liabilities re liof $400,000, that the appointment of a 11 receiver was a nulity and ordered the d. assets in his hands turned over to the acourt and appointed W. C. Yerger, trusis tee. In the important case of J. Q. he Whitney of New Orleans against the ch Bank of Greenville, which was forced to by the wall in December, 1891, with liar's bilities of nearly $1,000,000, theappointolment of Capt. W. A. Pollock as receiver of the bank's assets was also declared to nulity and the result is that Mr. Whitney will receive, by virtue of othersuit as filed, the principal assets of the bank ere while the other creditors will get pracmtically nothing. left Gov. Stone has appointed the follow onailing delegates to represent Mississippi in the convention of cotton raisers bean be held at Montgomery, Ala., on Tues M sitday, Novembhr 13th: Hon. John and Cameron, J. H. Askew, Ed H. Greene J. Z. George, W. H. Morgan, A. omPhelps, J. G. Spencer, W. W. Stone, Craw J. Crawford, W. H. Stovall, N. B. paford, Charles Scott, Rosedale. sto. In regard to the poll Attorne General Johnston says the tax collecto assess all unassessed polls at an n by can time, and that it is his duty to mak such assessments whenever it comes P M his knowledge that any one has escaped d to The legislature may amend the presen rin. revenue laws so as to make them mon eing effective in this respect. As the la arks stands the tax assessor is require who to now assess all polls. If he fails the boar eral of supervisors must appoint a suitable ople horiperson to do the work. Then, when th en a roll is returned, the board of supervi roll should all omissions to the He and ors assess any unassessed polls. Meridian was infested last week wit pickpockets and quite a number of fai ro beries were committed on the West grounds. The police arrested and jail S exfive suspicious characters who are su No. 1 posed to have some connection with lane, several robberies. They are all your on of men and give their namesas Alec Moor this Max Nathan and Jullus Forest, 1 and Evansville, Ind., James Rfley, of vder Louis, and Charies Bramlet, of India ;up apolis, Ind. Those from Evansvill aster claim ddlers of spectacio Riley claims to be e ocBramlet a chair varnisher and finish the and a "hup-hazard" man.