17934. Jellico Bank & Trust Company (Jellico, TN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust
Start Date
February 9, 1929
Location
Jellico, Tennessee (36.588, -84.127)

Metadata

Model
gpt-5-mini
Short Digest
830d7ceec506287d

Response Measures

None

Description

Both articles (Feb 9, 1929) refer to the institution as the now defunct Jellico Bank and Trust Co. and cite testimony from the bank receiver regarding false entries. There is no mention of a depositor run in the excerpts; the bank is closed and a receiver exists, so this is classified as a suspension followed by permanent closure (receivership).

Events (2)
1. February 9, 1929 Receivership
Newspaper Excerpt
the bank receiver testified were falsely entered in the books; now defunct Jellico Bank and Trust Co.
Source
newspapers
2. February 9, 1929 Suspension
Cause
Government Action
Cause Details
Bank was closed and a receiver appointed (receiver testified about false entries in books).
Newspaper Excerpt
the now defunct Jellico Bank and Trust Co.
Source
newspapers

Newspaper Articles (2)
1. February 9, 1929 Bristol Herald Courier Bristol, TN
Article from Bristol Herald Courier, February 9, 1929

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Article Text

CONVICT ATTORENY OF FRAUD CHARGE N. Moore, Knoxville lawyer, was found guilty in U. District court today. Judgment was reserved pending filing of motion for new trial. Moore was charged with using the mails to defruad deals involving the new defunct Jellico Bank Trust Co. The government is basing its case on about $100,000 worth of deposit certificates made out to N. Moore, by Trim Moore, which the bank receiver testified were falsely entered in the books.

2. February 9, 1929 Morristown Gazette Mail Morristown, TN
Article from Morristown Gazette Mail, February 9, 1929

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Article Text

Convicted Of Misuse of Mails Knoxville, Tenn., Feb. 9.-J. N. Moore, Knoxville, lawyer, was found guilty in U. S. district court Friday. Judgment was reserved pending filing of motion for a new trial. Moore was charged with using the mails to defraud in deals involving the now defunct Jellico Bank and Trust Co. The government based its case on about $100,000 worth of deposit certificates made out to J. N. Moore by J. Trim Moore, which the bank receiver testified were falsely entered in the books.