National Bank - Goldsboro, NC

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5048
Charter Number: 5048
Start Date: December 19, 1920
Location: Goldsboro, North Carolina (35.385, -77.993)

Metadata

Model: gpt-5-mini
Short Digest: c4e4982c

Response Measures

None

Description

Article states the National Bank of Goldsboro suspended on December 19, 1920 and is in receivership with dividends being paid decades later (report dated quarter ending Sept. 30, 1934). No mention of a depositor run; bank remained closed and under a receiver, so classified as suspension leading to closure/receivership.

Events (2)

1. December 19, 1920 Suspension

Cause: Government Action
Cause Details: Bank was placed in receivership following suspension (official closure handled by a receiver).
Newspaper Excerpt: From the assets of the National Bank of Goldsboro at the time of suspension on December 19, 1920,
Source: newspapers

2. * Receivership

Newspaper Excerpt: The report of the condition of the receivership was made by Fagan, who was made receiver at the beginning of the last quarter which ended September 30. Prior to that H. O'Neal, was At present the receiver and comptroller have in hand to apply another dividend whenever sufficient money is in hand to make the payment To only 32 percent has been paid to the The report of the receiver for the quarter ending Sept. 30. follows: Assets Assets at date of suspension (book value as reported in Receiv(
Source: newspapers

Newspaper Articles (1)

1. October 12, 1934 Goldsboro News-Argus Goldsboro, NC

Article from Goldsboro News-Argus, October 12, 1934

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Article Text

National Bank of Goldsboro Has $14,433 On Hand for Dividend From the assets of the National Bank of Goldsboro at the time of suspension on December 19, 1920, total of $253,849.62 have been collected, or little more than onethird of the total of 600,849.62 The report of the condition of the receivership was made by Fagan, who was made receiver at the beginning of the last quarter which ended September 30. Prior to that H. O'Neal, was At present the receiver and comptroller have in hand to apply another dividend whenever sufficient money is in hand to make the payment To only 32 percent has been paid to the The report of the receiver for the quarter ending Sept. 30. follows: Assets Assets at date of suspension (book value as reported in Receiv(Continued on page