11878. Bank of Oxford (Oxford, NC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 6, 1896
Location
Oxford, North Carolina (36.311, -78.591)

Metadata

Model
gpt-5-mini
Short Digest
3dabf847

Response Measures

None

Description

Articles (Mar 6, 1896) report R. W. Lassiter as receiver 'settling up the bank's affairs' and a court decree approving the receiver's final report and directing it be recorded. No run is mentioned. This indicates the bank had been placed in receivership and its affairs wound up (permanent closure).

Events (3)

1. March 6, 1896 Other
Newspaper Excerpt
all the debts, liabilities and expenses againts said bank, so far as reported to the receiver, have been paid ... the Court doth hereby in all things, ratify, approve and confirm said final report
Source
newspapers
2. March 6, 1896 Receivership
Newspaper Excerpt
The Bank of Oxford. This cause coming on to be heard upon the final report of R. W. Lassiter, receiver of the Bank of Oxford... the Court doth hereby in all things, ratify, approve and confirm said final report, and doth direct the Clerk of the Court to record said report and this decree.
Source
newspapers
3. * Suspension
Cause
Government Action
Cause Details
Bank placed in receivership and ceased operations; receiver settling bank affairs.
Newspaper Excerpt
Mr. R. W. Lassiter, receiver of the Bank of Oxford, has been here several days, settling up the bank's affairs.
Source
newspapers

Newspaper Articles (2)

Article from The News & Observer, March 6, 1896

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Article Text

PERSONALS. Mr. M. J. Freeman, of Concord, is at the Yarborough. Mr. Sam Harper, of Fayetteville, is at the Yarborough. Mrs. N. H. Chavasse, of Henderson, is at the Yarborough. Mr. W. C. Hudgins, of Durahm, was in the city yesterday. Mr. John Cully, of Liverpool, England, is at the Yarborough. Mr. J. A. Long, of Burlington, is here attending the Supreme court. Miss Laura Bishop left Thursday morning for Baltimore to visit friends. Mr. John H. Dillard, Jr., of Greensboro, is here attending the Supreme court. Miss Lizzie Taylor and Mr. Jeff. Lamar left yesterday for Monticello, Florida. Mr. J. A. Bryan, one of the most prominent citizens of Newbern, is at the Yarborough. Mr. R. W. Lassiter, receiver of the Bank of Oxford, has been here several days, settling up the bank's affairs. Mr. S. R. Carrington, of Durham, proprietor of the "Sporting Club" cigar factory, spent yesterday in the city. Editor Henry A. London, of the Chatham Record, and Editor R. H. Cowan, of the Durham Globe, spent yesterday in the city. Mr. Henry Boykin, the poor cripple who walked with such great difficulty, has gone to the country to live with his parents. Mr. Henry Jones, of Washington, D. C., who has been been the guest of his cousin, Maj. W. H. Martin, left for home yesterday afternoon. Mrs. Cawthorne, the designer of Tucker's dress-making department, left for New York city this morning on "Atlanta Special." She goes in the interest of her department.


Article from The News & Observer, March 6, 1896

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Article Text

The Bank of Oxford. "This cause coming on to be heard upon the final report of R. W. Lassiter, receiver of the Bank of Oxford, and having been heard, and it appearing to the satisfaction of the Court that all the debts, liabilities and expenses againts said bank, so far as reported to the receiver, have been paid, and that due advertisement was måde in the public press by the receiver to creditors to come forward and present their claims to him for payment, which advertisement remained continuously in said public press for more than thirty days, the Court doth hereby in all things, ratify, approve and confirm said final report, and doth direct the Clerk of the Court to record said report and this decree."