11835. Bank of Lilesville (Lilesville, NC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 10, 1930
Location
Lilesville, North Carolina (34.968, -79.985)

Metadata

Model
gpt-5-mini
Short Digest
929fb310

Response Measures

None

Description

Newspaper reports (Dec 10, 1930) state Bank of Lilesville ... closed its doors today and that the chief state bank examiner was notified. No run or depositor panic is described in the items; the bank was taken into the hands of state authorities and closed. Therefore classified as a suspension leading to permanent closure (suspension_closure).

Events (1)

1. December 10, 1930 Suspension
Cause
Government Action
Cause Details
Bank closed and state bank examiner notified; bank placed into hands of state authorities/examiner and closed its doors.
Newspaper Excerpt
Bank of Lilesville, Anson County closed its doors today, John Mitchell chief state bank examiner,
Source
newspapers

Newspaper Articles (2)

Article from The Plain Dealer, December 10, 1930

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Article Text

Bank in Baltimore Closes Its Doors Shortly before 3 this the Cheasapeake Bank of Baltimore placed the following notice on its door. "This institution is in the hands of the bank commissioner George Page state bank commissioner later have taken over this bank The board of directors passed resolution asking me to do that There has and the bank was thing of run unable to pay It not possible this time say what the assets and liabilities are. NEW HAVEN Dec. The the Citizens Bank banking & Trust Co. in this city was closed today incorporated in The bank was 1921 with capital of $140,000 and surplus of $14,000. This bank the second in Connecticut to suspend operations within the last week. Bank of Lilesville, Anson County closed its doors today, John Mitchell chief state bank examiner, capiThe bank was talized $25,000 Ohio Sports Writers Organize. NEW O. 9. -Sports writers of nine and those this including Dover the NorthOhio Sports AssociaLuther and Alliance, secretary.


Article from The Atlanta Constitution, December 10, 1930

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Article Text

BANK CLOSES IN BALTIMORE Dec. Shortly before o'clock this afternoon the Chesapeake Bank of Baltimore placed the following notice on its door "This institution is in the hands of the bank commissioner. George W. Page, state bank commissioner, said "I have taken over this bank. The board of directors resolution asking me to do that. There has been. of run and the bank was unable to pay. With the directors and possibly mittee of bankers an examinat will be made. It is not possible at this time to say what the assets and liabilities are LILESVILLE. N. CLOSES DOOR RALEIGH. Dec. The Bank of Lilesville, Anson county. closed its doors today. John Mitchell. chief state bank examiner, was notified. The bank was capitalized at $25.000 and its last call statement as of 24. deposits September about $25,000 and total resources of