17280. Peoples Bank (Charleston, SC)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
state
Start Date
December 1, 1869
Location
Charleston, South Carolina (32.777, -79.931)

Metadata

Model
gpt-5-mini
Short Digest
d68b346bfde8152d

Response Measures

None

Description

Two duplicate items in the same paper (Dec 1, 1869) report that the People's (Peoples) Bank has resumed business and is prepared to redeem its outstanding bills at par. No mention of a depositor run in these excerpts; the bank clearly had suspended or been out of business briefly and reopened by 1869-12-01. Bank type set to 'state' because name lacks 'National' or 'Trust' and this is an 1869 local bank; could be 'unknown' but 'state' is more likely. No explicit cause for the suspension is given in the articles.

Events (2)

1. December 1, 1869 Reopening
Newspaper Excerpt
The People's Bank announces this morning that, having resumed business, it is prepared to redeem its outstanding bills at par.
Source
newspapers
2. * Suspension
Cause Details
Article does not state why the bank had suspended or ceased business; only that it has resumed.
Newspaper Excerpt
The People's Bank announces this morning that, having resumed business, it is prepared to redeem its outstanding bills at par.
Source
newspapers

Newspaper Articles (2)

Article from The Charleston Daily News, December 1, 1869

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Article Text

CRUMBS. . The Old Postoflice at the foot of Broad street has been ornamented with a huge poster stand, and Ford's Comedy Company is announced in Brobdignagian capitals. The whale was demolished on Monday night, but the lucky fishermen did not strike as much "ite" as they had anticipated. Nature wore a smiling face yesterday, and King street was crowded with the fair. The great topic of talk, of course, was the Academy of Music and the opening night. Everybody seems to begoing. The white blacksmiths, boilermakers, coppersmiths, tinners and painters will meet this evening at the hall of the Washington Fire Company. Large quantities of game are now arriving in the city, and wild ducks and wild turkeys are constantly offered for sale in the markets and on the streets. The wagon trade has increased considerably in the last few days, and numbers of the uncouth and lumbering, but very welcome, vehicles may beseen along the Bay and near the wagon-yards. The Neck, of course, has profited largely by the trade thus brought to the city. John Robinson's "big show" exhibits in Columbia on Friday and Saturday of the present week. The Gazette newspaper of this city has suspended publication, and is succeeded by the Southern Cell, which, we presume, will be a paper of more pronounced Penian sympathies than the Gazette. The People's Bank announces this morning that, having resumed business, it is prepared to redeem its outstanding bills at par.


Article from The Charleston Daily News, December 1, 1869

Click image to open full size in new tab

Article Text

CRUMBS.-The Old Postoffice at the foot of Broad street has been ornamented with a huge poster stand, and Ford's Comedy Company is announced in Brobdignagian capitals. The whale was demolished on Monday night, but the lucky fishermen did not strike as much "ile" as they had anticipated. Nature wore a smiling face yesterday, and King street was crowded with the fair. The great topic of talk, of course, was the Academy of Music and the opening night. Everybody seems to be going. The white blacksmiths, boilermakers, coppersmiths, tinners and painters will meet this evening at the hall of the Washington Fire Company. Large quantities of game are now arriving in the city, and wild ducks and wild turkeys are constantly offered for sale in the markets and on the streets. The wagon trade has increased considerably in the last few days, and numbers of the uncouth and lumbering, but very welcome, vehicles may beseen along the Bay and near the wagon-yards. The Neck, of course, has profited largely by the trade thus brought to the city. John Robinson's "big show" exhibits in Columbia on Friday and Saturday of the present week. The Gazette newspaper of this city has suspended publication, and is succeeded by the Southern Celt, which, we presume, will be a paper of more pronounced Fenian sympathies than the Gazette. The People's Bank announces this morning that, having resumed business, it is prepared to redeem its outstanding bills at par.