11967. Bank of Wake (Wake Forest, NC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 6, 1933
Location
Wake Forest, North Carolina (35.980, -78.510)

Metadata

Model
gpt-5-mini
Short Digest
dcb55cde

Response Measures

None

Description

Articles are legal notices (June 1933) advertising sale of the building and fixtures 'formerly occupied by the Bank of Wake' and refer to bankruptcy. This indicates the bank had closed and its assets were being sold under statutory authority (receiver/bankruptcy). No mention of a depositor run in the items. Classified as a suspension/closure with receivership/government action.

Events (2)
1. June 6, 1933 Receivership
Newspaper Excerpt
being the lots upon which is situated the building formerly occupied by the Bank Wake ... furniture and fixtures belonged to the said Bank of Wake: ... offer for sale at public auction for cash ... Saturday, July 1933 ... Bankrupt First Creditors the abovegiven the day adjudicated ... under and by virtue of the authority vested me Section 218e of the Consolidated Statutes of North Carolina, will offer for sale ... on the premises in Wake Forest, N. C., the following described lots ... formerly occupied by the Bank of Wake (OCR corrected).
Source
newspapers
2. June 13, 1933 Other
Newspaper Excerpt
NOTICE OF SALE OF REAL ESTATE OF BANK OF WAKE Under and by virtue the authority vested in me Section 218c of the Consolidated Statutes of North Carolina, will offer for sale at public auction for cash to the highest bidder on Saturday, July 1933, at 12:00 o'clock. Noon, on the premises in Wake Forest, N. C., the following described lots or tracts of land, being the lots upon which is situated the building formerly occupied by the Bank of Wake, and also all furniture and fixtures located in the said building.
Source
newspapers

Newspaper Articles (2)
1. June 6, 1933 The News and Observer Raleigh, NC
Article from The News and Observer, June 6, 1933

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Article Text

LEGAL NOTICES Bankrupt First Creditors the abovegiven the day adjudicated : Under and by virtue of the authority vested me Section 218e of the Consolidated Statutes of North Carolina. will offer for sale at public auction for cash to the highest bidder on Saturday, July 1933, at 12:00 o'clock. Noon, on the premises in Wake Forest, N. C., the following described lots or tracts land, being the lots upon which is situated the building formerly occupied by the Bank Wake, and also and fixtures located in the said which furniture and fixtures belonged to the said Bank of Wake: First Tract: Situated in the/Town rock at the corner of White and Jones Streets: running thence along the Eastern side of White Street thirty (30 feet): then East fifty. eight feet and six inches (58' in line with the little brick building now located on said Holding's lot; thence North along side said brick building thirty (30) feet to Jones Street running West to the begin-

2. June 13, 1933 The News and Observer Raleigh, NC
Article from The News and Observer, June 13, 1933

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Article Text

NEWS AND OBSERVER CLASSIFIED RATES Approximately 20 million feet origgrowth pine timber. Two million feet original growth near Raleigh E. Herring. Phone 8890. Box 659, Raleigh adding BUY OLD GOLD-BUR $20.00. Gibson tenor banjo with case, $23.50. Diamond cluster, diamonds, low gold, Raleigh Loan leigh Wilmington St., RaUKELELES, VIOLIN BOW Mandolins, and case, $10.00; Guitars, $4.95: All New Fayetteville Deal Plano Street Company, new stock 232 A. B. DICK MIMEOGRAPH, BURroughs Adding Machine. practically care News and Observer. Watch the Want Ade daily and you will find you will not wait them to get you what you are after. NOTICE OF SALE OF REAL ESTATE OF BANK OF WAKE Under and by virtue the authority vested in me Section 218c of the Consolidated Statutes of North Carolina. will offer for sale at public auction for cash to the highest bidder on Saturday. July 1933, at 12:00 o'clock. Noon, on the premises in Wake Forest, N. C., the following described lots or tracts of land. being the lots upon which is situated the building formerly 00 cupied by the Bank of Wake. and also all furniture and fixtures locat ed in the said building. which furniture and fixtures belonged to the said Bank of Wake: First Tract: Situated in the Town C1 Wake Forest. N. C., beginning at a rock at the corner of White and