Article Text
Troy Denied Right Releigh, Sept. application citizens of Troy open bank there has been disapnew Gurney Hood, bank comproved, announced. The Page Trust company now has branch which liquidating the defunct Bank of Montgomery.
11957. Bank of Montgomery (Troy, NC)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- September 3, 1931
- Location
- Troy, North Carolina (35.358, -79.894)
Metadata
- Model
- gpt-5-mini
- Short Digest
a9f28001
Response Measures
None
Description
Article states the Bank of Montgomery is defunct and is being liquidated by Page Trust Company (a branch handling liquidation). No mention of a depositor run. Therefore classified as a suspension/closure with liquidation. OCR errors in article corrected (e.g., 'Releigh' -> Raleigh).
Events (2)
1.
September 3, 1931
Receivership
- Newspaper Excerpt
- Page Trust company now has branch which liquidating the defunct Bank of Montgomery.
- Source
- newspapers
2.
September 3, 1931
Suspension
- Cause Details
- Bank is described as defunct and is being liquidated by Page Trust Company/branch; no run reported.
- Newspaper Excerpt
- Page Trust company now has branch which liquidating the defunct Bank of Montgomery.
- Source
- newspapers
Newspaper Articles (1)
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