First National Bank (Waynesboro, MS)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
July 6, 1932
Location
Waynesboro, Mississippi (31.675, -88.646)
Bank Type
national
Charter Number
13413

Metadata

Receivership Details

Depositor recovery rate
25.4%
Date receivership started
1932-07-06
Date receivership terminated
1937-10-23
Share of assets assessed as good
14.0%
Share of assets assessed as doubtful
67.6%
Share of assets assessed as worthless
18.3%

Notes

Government-appointed receiver named in Sept 1933 article; known government receivership date (1932-07-06) is authoritative and predates this notice.

Events (3)

1. January 2, 1930 Chartered
Source
historical_nic
2. July 6, 1932 Receivership
Newspaper Excerpt
J. G. Neno ... received an appointment Thursday from J. F. O'Conner, comptroller of the currency, as receiver for the First National bank at Waynesboro which has been in process of liquidation for some time.
Source
newspapers
3. July 6, 1932 Receivership
Source
historical_nic

Newspaper Articles (2)

Article Text

HUB MAN NAMED BANK RECEIVER

J. G. Neno to Liquidate Affairs of First National Bank at Waynesboro

HATTIESBURG, Sept. 9โ€”J. G. Neno, of this city received an appointment Thursday from J. F. O'Conner, comptroller of the currency, as receiver for the First National bank at Waynesboro which has been in process of liquidation for some time. Mr. Neno is well known in banking circles of Hattiesburg as well as throughout the state of Mississippi, and will leave this week, according to the report, for Waynesboro.

The 15 year old evangelist, Charles Edward Jessup, who has been conducting a series of revivals over Mississippi, and who at present is holding a meeting at the Assembly of God in Hattiesburg has recently had 20 conversions. He is the youngest evangelist ever to preach in this city and throngs hear his sermons each evening.


Article Text

J. G. Neno to Liquidate Affairs of First National Bank at Waynesboro