Bank of Fulton (Atlanta, GA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
January 7, 1868
Location
Atlanta, Georgia (33.749, -84.388)
Bank Type
state

Metadata

Notes

Articles report refusal to pay and a bankruptcy petition; no clear record here of a receiver appointment or reopening.

Events (2)

1. January 7, 1868 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Officers refused to pay holders' bills on demand, indicating suspension/insolvency
Newspaper Excerpt
the officers refused to pay on demand
Source
newspapers
2. January 7, 1868 Other
Newspaper Excerpt
filed a petition in Bankruptcy against the Bank of Fulton. Messrs. Lowry are the holders of a large amount of the bills of the Bank, which the officers refused to pay on demand.
Source
newspapers

Newspaper Articles (2)

Article from The Tri-Weekly Standard, January 7, 1868

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Article Text

IMPORTANT MATTER IN BANKRUPTCY

Messrs. Wm. M. and R. J. Lowry, of this city, on yesterday filed a petition in Bankruptcy against the Bank of Fulton. Messrs. Lowry are the holders of a large amount of the bills of the Bank, which the officers refused to pay on demand. This case, coming before the United States District court, will devolve upon Judge Erskine the responsibility of deciding the important questions, arising under the United States Bankrupt laws, between suspended Banks and their bill holders. Messrs. Arnold, Broyles & Robinson are prosecuting the case for the petitioners.-Atlanta (Ga.) Intel.


Article from The Weekly North-Carolina Standard, January 8, 1868

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Article Text

IMPORTANT MATTER IN BANKRUPTCY

Messrs. Wm. M. and R.J. Lowry, of this city, on yesterday filed a petition in Bankruptcy against the Bank of Fulton. Messrs. Lowry are the holders of a large amount of the bills of the Bank, which the officers refused to pay on demand. This case, coming before the United States District court, will devolve upon Judge Erskine the responsibility of deciding the important questions, arising under the United States Bankrupt laws, between suspended Banks and their bill holders. Messrs. Arnold, Broyles & Robinson are prosecuting the case for the petitioners.-Atlanta (Ga.) Intel.