17511. Citizens Bank (Taylors, SC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1930*
Location
Taylors, South Carolina (34.920, -82.296)

Metadata

Model
gpt-5-mini
Short Digest
720feb23edd1da91

Response Measures

None

Description

The articles state Citizens Bank of Taylors closed in January 1930 and a receiver (Hopkins) was handling assets and paying dividends in 1933. There is no mention of a depositor run; the bank was placed in receivership and remained closed (liquidation/receiver payouts). OCR errors corrected (e.g., 'deeas' -> 'deeds').

Events (3)
1. January 1, 1930* Suspension
Cause Details
Article only reports that the bank 'closed in January, 1930' with no explicit cause or mention of a depositor run.
Newspaper Excerpt
The bank closed in January, 1930.
Source
newspapers
2. February 19, 1933 Receivership
Newspaper Excerpt
Hopkins, as receiver of the Citizens Bank Taylors, Mullinax, for $1,725, property in Taylors (deed sale recorded).
Source
newspapers
3. May 11, 1933 Other
Newspaper Excerpt
Hopkins, receiver for the Citizens bank of Taylors, was paying out an ... per cent dividend to depositors today. The dividend is the second received by the depositors. The bank closed in January, 1930.
Source
newspapers

Newspaper Articles (2)
1. February 19, 1933 The Greenville News Greenville, SC
Article from The Greenville News, February 19, 1933

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Article Text

PAID FOR COUNTY PROPERTY J. G. Mullinax Buys Taylors Realty From Bank Receiver For $1,725 Deeds recording four transfers of Greenville county property with total valuation $8,140.20 were recorded yesterday by Ira A. Gresham, register of mesne conveyance. Three of the deeas follow: Hopkins, as receiver of the Citizens Bank Taylors, Mullinax, for $1,725, property in Taylors The First Carolinas Joint Stock Land Bank of Columbia to E. Burns, for $1,969.20, tract of acres in the Gantt township. Patterson, as trustee, Mrs. Thelma Cothran Baldwin. for $445, property in Marshall Forest.

2. May 11, 1933 The Columbia Record Columbia, SC
Article from The Columbia Record, May 11, 1933

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Article Text

BANK RECEIVER PAYS DIVIDEND AT TAYLORS TAYLORS, May Hopkins, receiver for the Citizens bank of Taylors, was paying out an per cent dividend to depositors today. The dividend is the second recelved by the depositors. The first was 20 per cent. The bank closed in January, 1930.