Planters Bank of Tennessee

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 14, 1867
Location: Nashville, Tennessee (36.166, -86.784)

Metadata

Model: gpt-5-mini
Short Digest: 7da54b31aa3cd74b

Response Measures

None

Description

Article (Memphis Daily Appeal, 1867-04-14) is a trustee's notice that the Planters' Bank of Tennessee has made an assignment among its creditors and holders of bank notes must file them to receive certificates. This indicates the bank is in assignment/receivership (permanent closure) rather than a temporary suspension or a depositor run. I corrected no significant OCR errors in the bank name beyond standard punctuation.

Events (2)

1. April 14, 1867 Receivership

Newspaper Excerpt: D. WEAVER, Trustee. IN accordance with an Act of the Legislature of Tennessee...notice is hereby given...to file them...and receive certificates therefor, or they will be forever barred from any participation in the assets of the Bank.
Source: newspapers

2. April 14, 1867 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank has made an assignment among its creditors; trustee D. Weaver calling for note holders to file notes and receive certificates as part of distribution of assets.
Newspaper Excerpt: notice is hereby given to the holders of the notes of The Planters' Bank of Tennessee to file them with the under's gned, at the Bank in Nashville, between now and the first day of January, eighteen hundred and sixty-nine, (1869), and receive certificates therefor, or they will be forever barred from any participation in the assets of the Bank.
Source: newspapers

Newspaper Articles (1)

1. April 14, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, April 14, 1867

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Article Text

# PLANTERS' BANK NOTES. IN accordance with an Act of the Legislature of Tennessee, passed December 12th, 1866, entitled an act "To expedite the distribution of the effects of Banks, which have or may make assignments among their creditors," notice is hereby given to the holders of the notes of The Planters' Bank of Tennessee to file them with the under's gned, at the Bank in Nashville, between now and the first day of January, eighteen hundred and sixty-nine, (1869), and receive certificates therefor, or they will be forever barred from any participation in the assets of the Bank. The certificates will be received AT PAR in payment of debts due the Bank, whether tendered before or after the 1st of January, 1869. D. WEAVER, Trustee.