1.
August 24, 1921
The Daily Times
Wilson, NC
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OST YET UNCERTAIN ited States from Great Britain e Attempted a Flight Across Details as to the Dead and Inragedy Have Not Been Learned THOMASVILLE BANK CAUSES ANOTHER FAILURE. Lexington, Aug. 24.-The bank of Denton at Denton 20 miles east of here was closed today by state examiner Newbold. The bank of Thomasville which was closed Monday was a depository for the Denton bank and funds of the latter locked up there forced a suspension of payments yesterday afternoon. The Denton bank has a capital of $25,000 and surplus of $4,000. It is stated all depositors will be paid in full.
2.
August 25, 1921
The Pensacola Journal
Pensacola, FL
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NORTH CAROLINA BANK CLOSED; FUNDS SHORT (By The Associated press.) GREENSBORO, N. C., Aug. 24.-The Bank of Denton, located in Davidson county, 20 miles from Lexington, was closed this morning by State Bank Examiner H. L. Newbold after an investigation of its affairs and following a suspension of payments by the bank yesterday afternoon. The Bank of Denton during the past year increased its capital from $10,000 to $15000, and had a surplus of $4,000.
3.
August 25, 1921
Evening Star
Washington, DC
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EXAMINER CLOSES BANK. GREENSBORO, N. C., August 25.The Bank of Denton, located in Davidson county, twenty miles from Lexington, was closed yesterday by State Bank Examiner H. L. Newbold, after an investigation of its affairs and following a suspension of payments by the bank Tuesday afternoon. The bank during the past year increased its capital from $10,000 to $25,000 and had a surplus of $4,000.
4.
September 8, 1921
The Daily Times
Wilson, NC
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RECEIVERS APPOINTED FOR TWO DEFUNCT ANKS Raleigh, Sept. 8. .-Efforts loking toward the reorganization o the Bank of Thomasville and the Bank of Denton, both of which were cosed up by the Corporation Commision two weeks ago, fell flat yesterday and the Commission named T J. Finch receiver for the Thomasville bank and Arthur Ross receiver fr the Bank of Denton. The Denton bank was relatively small but the failure at Thomasville involves approximately a half millionn dollars. Its disaster is attributed to the fact that too many bad loans were made, many of them to concerns in which the president, J. L. Armfield, was interested. His business lost heavily, and he was unable to meet his obligations to his bank. The receiver for the Thomasville bank was formerly sheriff of Davidson county and is now president of the National Bank at that place. Definite statement of the condition of the bank, and the probability of its being able to liquidate without loss, has not yet been made by the bank examiner in charge.
5.
September 9, 1921
Evening Star
Washington, DC
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RECEIVERS FOR BANK. Two North Carolina Institutions Are Closed. GREENSBORO, N. C., September 9.In superior court here Judge James L. Webb, upon the recommendation of the state corporation commission, signed orders placing the Bank of Thomasville and the Bank of Denton, which recently were closed by a state bank examiner, in the hands of temporary receivers. T. J. Finch of LexIngton was appointed receiver for the Thomascille bank and J. Arthur Ross for the Denton bank. Attorneys for the two banks were ordered to appear before Judge Webb here September 14 to show cause why the temporary receiverships should not be made permanent.
6.
September 9, 1921
The Pensacola Journal
Pensacola, FL
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TWO NORTH CAROLINA BANKS UNDER RECEIVER (By the Associated Press) GREENSBORO, N. C., Sept. 8-In superior court here today, Judge James L. Webb, upon the recommendation of the state corporation commission, signed orders placing the Bank of Thomasville and the Bank of Denton, which recently were closed by a state bank examiner, in the hands of temporary receivers. T. J. Finch, of Lexington, was appointed receiver for the Thomasville bank, and J. Arthur Ross, for the Denton bank. Attorneys for the two banks were ordered to appear before Judge Webb here September 14 to show cause why the temporary receiverships should not be made permanent.
7.
September 15, 1921
The Review
High Point, NC
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Receivers Named for Banks in Davidson In Superior court last week Judge James L. Webb, upc the recommendation of the State Corporation Commission, signed orders placing the Bank of Thomasville, and the Bank of Denton, which were reently closed by a state bank examiner, in the hand of temporary receivers. T. J. - Finch, of Thomasville, was appointed receiver for the Thomasville bank and J. Arthur Ross for the Denton bank. Attorneys for the banks were ordered to appear before Judge Webb here September- 14 to show cause why the temporary receivers should not be made permanent.
8.
November 17, 1921
Cheraw Chronicle
Cheraw, SC
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Reward For Bank President. Raleigh, N. C.-Governor Morrison authorized $400 reward for the apprehension of Jesse L. Armfield, former president of the defunct Bank of Thomasville and Bank of Denton, now in the hands of receivers.
9.
November 17, 1921
The Review
High Point, NC
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Reward For Bank President. Raleigh, N. C.-Governor Morrison authorized $400 reward for the apprehension of Jesse L. Armfield, former president of the defunct Bank of Thomasville and Bank of Denton, now in the hands of receivers.
10.
November 18, 1921
Roanoke Rapids Herald
Roanoke Rapids, NC
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Reward For Bank President. Raleigh, N. C.-Governor Morrison authorized $400 reward for the apprehension of Jesse L. Armfield, former president of the defunct Bank of Thomasville and Bank of Denton, now in the hands of receivers.