Toccoa Banking Company (Toccoa, GA)

Episode Information

Episode UID
1481829191336
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
148182919 hash
Start Date
April 20, 1911
Location
Toccoa, Georgia (34.577, -83.332)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
aa4527fe4c1b1e94

Response Measures

None

Description

Articles state the bank was forced to suspend business due to local loan failures; no follow-up about reopening or receivership is provided.

Events (1)
1. April 20, 1911 Suspension
Cause
Local Shock
Cause Details
Failure of local milling companies that held heavy loans from the bank.
Newspaper Excerpt
the Toccoa Banking company was forced to suspend business on account of the failure of some local milling companies to which it had made heavy loans.
Source
newspapers

Newspaper Articles (2)
1. April 20, 1911 Fitzgerald Enterprise Fitzgerald, GA
Article from Fitzgerald Enterprise, April 20, 1911

Click image to open full size in new tab

Article Text

Treasurer Not Responsible. Atlanta, Ga. April 20-According to an official statement given out Wednesday at the office of the state treasury in Atlanta their skirts are clear of any responsibility in the recent embarassment of the Toccoa Banking Company of Toccoa. From information received at the capitol it is understood that the Toccoa Banking company was forced to suspend business on account of the failure of some local milling companies to which it had made heavy loans.

2. April 21, 1911 The Brunswick News Brunswick, GA
Article from The Brunswick News, April 21, 1911

Click image to open full size in new tab

Article Text

Not Responsible. Atlanta, April 20.-According to an official statement given out Wednesday at the office of the state treasury in Atlanta their skirts are clear of any responsibility in the recent embarassment of the Toccoa Banking company, of Toccoa. From information received at the capitol it is understood that the Toccoa Banking company was forced to suspend business on account of the failure of some local milling companies to which it had made heavy loans.