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
11668. Commercial National Bank (Charlotte, NC)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 2135
- Charter Number
- 2135
- Start Date
- December 6, 1933
- Location
- Charlotte, North Carolina (35.227, -80.843)
Metadata
- Model
- gpt-5-mini
- Short Digest
a3e1b409
Response Measures
None
Description
No bank run is described in the articles. Newspaper items in December 1933 report the comptroller removing A.D. Burrowes and a receiver being appointed; the bank is described as defunct. Therefore this was a suspension/closure due to government action with a receiver assigned. The Jan 1, 1933 item listing the bank as closed was a routine holiday listing and not a suspension.
Events (3)
1.
February 18, 1874
Chartered
- Source
- historical_nic
2.
December 6, 1933
Suspension
- Cause
- Government Action
- Cause Details
- Comptroller of the Currency removed A. D. Burrowes as receiver/manager, leading to bank being declared defunct and closure.
- Newspaper Excerpt
- Pou declines an offer to become receiver of the Commercial National bank here ... 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)
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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.
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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.