Raleigh National Bank

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 1557
Charter Number: 1557
Start Date: December 19, 1930
Location: Raleigh, North Carolina (35.772, -78.639)

Metadata

Model: gpt-5-mini
Short Digest: 12ddb705

Response Measures

Books examined

Other: Article text is heavily OCR-corrupted; indicates Raleigh National Bank 'withstands run' and Bank Examiner expresses confidence.

Description

OCR of the article is poor. The item states that Raleigh National Bank withstands run and reported heavy withdrawals (about $716,000) on Monday and that confidence was expressed by the bank examiner. No suspension, reopening, or receivership is mentioned. Cause of the run is not specified in the text.

Events (3)

1. September 12, 1865 Chartered

Source: historical_nic

2. September 5, 1885 Voluntary Liquidation

Source: historical_nic

3. December 19, 1930 Run

Cause Details: Heavy withdrawals occurred but the article does not specify a trigger (rumor, bank-specific failure, or contagion).
Measures: Bank withstood the run; article indicates confidence by the bank examiner but no specific emergency measures are described.
Newspaper Excerpt: Raleigh National ... withstood the heavy run ... by $716,000 Mondays ... Chief ... Bank Examiner
Source: newspapers

Newspaper Articles (1)

1. December 19, 1930 Winston-Salem Journal Winston-Salem, NC

Article from Winston-Salem Journal, December 19, 1930

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Article Text

Defaulter Lost Fortune in Stocks district Los Angeles today Gilbert office said torney's had lost nearly in stock grand theft charging of the Guaranty of of Loan Association he manager Raleigh Bank # ithstands Run fact that Raleigh National the heavy Bank, by $716,000 Mondays toward Chief fidence Raleigh John Mitchell Bank Examiner