Planters Bank - Abbeville, SC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1928*
Location: Abbeville, South Carolina (34.178, -82.379)

Metadata

Model: gpt-5-mini
Short Digest: 0202cf53

Response Measures

None

Description

Articles (Oct 5, 1928) report Planters Bank closed its doors here last winter and that a receiver (T. G. White) is winding up affairs and will sell bank property Oct 18, 1928. No run is described in the pieces; the bank is in receivership and being liquidated, so classified as a suspension leading to permanent closure. Date of the original closure is given only as last winter, so an approximate month is used for the suspension event.

Events (3)

1. January 1, 1928* Suspension

Cause Details: Article only states the bank closed its doors last winter; no cause (rumor, failure of correspondent, or insolvency) is provided.
Newspaper Excerpt: Planters bank which closed its doors here last winter
Source: newspapers

2. October 5, 1928 Other

Newspaper Excerpt: Receiver ... will have first class company of auctioneers here who will bring along a band barbecue dinner and the usual prizes that go to make up such sales
Source: newspapers

3. October 18, 1928 Receivership

Newspaper Excerpt: T. G. White as receiver for the Planters bank ... is preparing to wind up the affairs of the bank, selling the land, houses and bank building owned by the bank at public auction here on the 18th
Source: newspapers

Newspaper Articles (2)

1. October 5, 1928 The Greenville News Greenville, SC

Article from The Greenville News, October 5, 1928

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Article Text

BANK'S AFFAIRS TO BE WOUND UP Receiver For Abbeville Institution To Sell Property October 18 ABBEVILLE Oct. (Special) G. White as receiver for the Planters bank which closed its doors here last winter is preparing wind up the affairs of the bank selling the land, houses and bank building owned by the bank at public auction here on the 18th He will have first class company of auctioneers here who will bring along a band barbecue dinner and the usual prizes that go to make up such sales. The placards advertising the sale are about to crowd out the Al Smith posters around the square. This is the first time bank receiver has resorted to such sales and the outcome of interest to the friends of the bank. BRIGHT WINDOW A rather drab dining room was made quite cheerful painting a flower pot stand Chinese lacquer red and all the pots holding greenery the same bright red.

2. October 5, 1928 The Index-Journal Greenwood, SC

Article from The Index-Journal, October 5, 1928

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Article Text

BRIEF CITY NEWS Radio Speakers Tonight Political speakers on the radio tonight include: FISH REPUBLICAN: Louis Marshall at 8:30 p. m., Eastern time, over WOR and 20 Just Arrived stations of the Columbia broadcasting system. SPECIAL THIS WEEK DEMOCRATIC Assemblyman Maurice Bloch New York, at 7 p. m., Eastern A Large Size Aquarium time, over WJZ network. On Stand Governor Albert C. Ritchie of Maryland at 9 p. m., Eastern 5 Gold Fish— Shells and Castle- Glibert M. Hitchcock at 10:30 m. Eastern time, over WJZ net Meet Next Year In Greenville J. 8. Andrews, secretary and treasurer of the South Carolina Funeral Directors' Association, attended a meeting of the executive committee in Greenville yesterday when the dates for the annual meeting of the association next year were arranged. The convention will be held at Greenville May 21, 22 and 23. Yesterday's meeting was held at the Poinsett Hotel and those attending were: E M Peeples. chairman, of Hampton; M. W Bobo, Spartan W M Goldfinch, Conway; and E. L. Oulla, of Florence Invited visitors were J. B Hatcher,|Gaffney; J. W McCormick, Columbia; Arthur Cannon, Fountain Inn; and R. D. Jones, of Greenville Says Carnes Not Truthful. Senatch D A. G Ouzts. South Carolina member of the Home Miss'on Board of the Southern Baptist Convention. said this morning that Clinton S Carnes, former treasurer of the board. told an untruth if he declared that the board knew of the shortage It is true that the board has considerable indebt edness. Senator Ouzts said. but not . member of the body knew anything at all about the shortage or even suspected It. Hold Meeting at Utopla. Mrs. Ivy B. Stockman announces that a called meeting will be held next Tuesday afternoon at 3 o'clock at Utopia Every member is urged to be present Important busi. ness is to be planned John Jennings Wins Cup. John Jennings won the Oregon Pharmacy trophy in the men's handicap golf tournament which was played on the local course yesterday afternoon Junior Order Meets Tonight. The Junior Order will meet tonight at 7:30 o'clock. The first degree will be conférred. Will Wind Up Affairs Abbeville Bank T. G. White as receiver for the Planters bank of Abbeville which closed its doors last winter is preparing to wind up the affairs of the bank by selling the land, houses and bank building owned by the bank at public auction at Abbeville the 18th. He will have a first class company of auctioneers there who will bring along band, a barbecue dinner and the usual prizes that go to make up such sales. The placards advertising the sale are about to crowd out the AI Smith posters around the square. This is the first time a bank receiver has resorted to such sales and the outcome is of interest to th friends of the bank. Suffers Third Stroke Friends of J. Wesley Marbert will be very sorry to know that he has suffered his third stroke of paralysis and is in critical condition at his home on Grace street. T. P, A. Meeting Tonight The local T. P. A. will meet In the assembly hall of the Chamber of Commerce tonight at 8 o'clock Plans for membership drive will be discussed at a Dutch supper. Library Trustees to Meet Mayor DeVore Andrews an nounces that the trustees of the Greenwood Public Library will meet at the library next Wednesday afternoon at 5 o'clock. The board is composed of Dr. S. C. Hodges, J. B. Park, Mrs. J. P. Ab ney. Eugene H. Blake. M. G. Mc. Donald and H. L. Watson Dance Tonight at Chestnut Lake. T. F. McCord announces a dance at Chestnut Lake Country Club tonight. The public is invited. Orphans Get Gold Fish. Twelve large glass bowls containing five gold fish each have arrived and are being placed at cottages at Connie Maxwell Or phanage. The fish are the gifts of Edwin Gould, New York mil Nona're, who visited the orphanage some time ago and was very much impressed with the children and the Institution Each bowl has large number of pearl chips of variegated color which some of the younger people have mistaken for candy. The fish were ordered for Supt. Jamison by the Oregon Phar macy.