Tipton County Savings Bank & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust
Start Date: June 9, 1910
Location: Covington, Tennessee (35.564, -89.646)

Metadata

Model: gpt-5-mini
Short Digest: 87f1eed9ebd6b399

Response Measures

None

Description

Article (Birmingham Age-Herald, 1910-06-10) reports a creditors' bill seeking appointment of a receiver for the Tipton County Savings Bank and Trust Company filed June 9, 1910. No run or prior suspension is mentioned; receivership indicates closure. The paper states depositors will be paid in full.

Events (1)

1. June 9, 1910 Receivership

Newspaper Excerpt: A creditors' bill seeking the appointment of a receiver for the Tipton County Savings Bank and Trust company was filed in the chancery court here today. The application will be argued tomorrow. The bank has assets of $101,000 and liabilities of $98,000. It is stated that all depositors will be paid in full.
Source: newspapers

Newspaper Articles (1)

1. June 10, 1910 The Birmingham Age-Herald Birmingham, AL

Article from The Birmingham Age-Herald, June 10, 1910

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Article Text

Receiver Asked for Bank Covington, Tenn., June 9.-A creditors' bill seeking the appointment of a receiver for the Tipton County Savings Bank and Trust company was filed in the chancery court here today. The application will be argued tomorrow. The bank has assets of $101,000 and liabilities of $98,000. It is stated that all depositors will be paid in full.