0295b093Full suspension
Other: Receiver was appointed; bank described as defunct and receiver institution (La Grange Bank & Trust Co.) handled matters.
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Carolina Bank Closed. KINGSTON, N. C., Nov. 26.-When the Farmers' Bank and Trust Company at Lagrange failed to open its doors today, an official of the bank gave as the reason inability to make collections. The closing followed a run on the bank. The institution is said to have resources of $600,000. It is believed depositors are prqtected.
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# PERSONAL MENTION. J. M. Hanger is here from Williamsfield, Ohio, on business. His many friends were glad to see him. J. H. Jones was here from Prudence, Fayette county, on business last week. Miss Nancy Smoot, of Smoot, left last week to visit her uncle, J. W. Smoot, in his home at Roanoke Rapids, N. C. Rev. S. R. Neel, D. D., of Alderson, is assisting the local preacher in a revival meeting at Craigsville, Va. W. S. Coursey, late of Lewisburg, writing from La Grange, North Carolina, to renew his subscription adds this which will be of interest to his frineds here: "I am acting as receiver of the Farmers Bank & Trust Company which recently closed and am Active Vice-President of the La Grange Bank & Trust Co." Jas. W. Dwyer, who has been for many months a great sufferer from rheumatism, got home from Buffalo. N. Y., last Saturday accompanied by his brother, John G. Dwyer, who has been with him for many weeks. Mr. Dwyer is fighting his afflictions with persistence and tenacity and maintains that he is better and will win in the end. His family and many friends while encouraged by his hopefulness and determination are not yet relieved of anxiety. S. W. Anderson, who has been confined to his home at Blaker Mills, for two weeks with a bad cold, was in town yesterday looking none the worse fon his confinement. Attorneys E. L. Nuckolls, of Fayetteville, and John T. Sims, of Charleston, appeared in our circuit Court with Attorney J. S. McWhorter representing Dr. W. P. Black, of Charleston, and Dr. Jas. M-Clung, of Richwood, both of whom were present, in a proceeding by the Meadow River Lumber Co. to condemn lands on Big Clear Creek for public uses. Mr Gilmer represents the plaintiffs. The case was continued. W. M. Flournoy was absent several days in Charleston this week. Frank Winter, a prominent attorney of La Cross, Wisconsin, was here last week to appear for Dr. Pearl Swearengen, under indict-
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BRING UP BANK DIFFERENCES. Kinston, Dec. 8.-A confusing muddle in which the La Grange Bank & Trust Co., receiver institution for the refunct Farmers' Bank & Trust Co., of that town, has found itself will be aired before Judge Oliver Allen in Superior court here December 26. it was reported today. The issues are said to involve factionalism between t wo elements of stockholders and officials of the La Grange Bank & Trust