Bank of Fulton (Atlanta, GA)

Episode Information

Episode UID
1703497890817
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
170349789 hash
Start Date
January 2, 1868
Location
Atlanta, Georgia (33.749, -84.388)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2133d0812547e458

Response Measures

None

Description

Petition in bankruptcy against the bank and refusal to pay on demand imply suspension and likely permanent closure.

Events (3)

1. January 2, 1868 Other
Newspaper Excerpt
A PETITION IN BANKRUPTCY has been filed by certain bill-holders in Atlanta against the Bank of Fulton of that city.
Source
newspapers
2. January 2, 1868 Receivership
Newspaper Excerpt
filed a petition in Bankruptcy against the Bank of Fulton ... will devolve upon Judge Erskine the responsibility ... between suspended Banks and their bill-holders
Source
newspapers
3. January 2, 1868 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Officers refused to pay on demand, indicating insolvency or inability to meet obligations.
Newspaper Excerpt
the officers refused to pay on demand
Source
newspapers

Newspaper Articles (3)

Article from The Charleston Daily News, January 2, 1868

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Article Text

# A PETITION IN BANKRUPTCY A PETITION IN BANKRUPTCY has been filed by certain bill-holders in Atlanta against the Bank of Fulton of that city. This case will bring up for decision several important questions arising under the bankrupt law between suspended banks and their bill-holders.


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.