Article Text
Bank To Reopen. BEAUFORT, S. July The Peoples Bank, which suspended last week, will reopen for business morning. The of this institution followed five-day holiday that was declared by the mayand council of Beaufort last Thursday.
19862. Peoples Bank (Beaufort, SC)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- state
- Start Date
- July 1, 1932*
- Location
- Beaufort, South Carolina (32.432, -80.670)
Metadata
- Model
- gpt-5-mini
- Short Digest
afd22972
Response Measures
None
Description
Peoples Bank suspended the week before July 28, 1932 and was reorganized and reopened on/around July 28 after a five-day business moratorium declared by the mayor and city council. No run or depositor panic is described in the articles; reopening followed local government-declared holiday and cooperation of depositors/stockholders.
Events (2)
1.
July 1, 1932*
Suspension
- Cause
- Government Action
- Cause Details
- Suspension followed a five-day business moratorium/holiday declared by the mayor and city council of Beaufort to revive commercial life; bank suspended during that period and was reorganized for reopening.
- Newspaper Excerpt
- The Peoples Bank, which suspended last week,
- Source
- newspapers
2.
July 28, 1932
Reopening
- Newspaper Excerpt
- The Peoples Bank, which suspended last week, will reopen for business morning. Reorganization followed a five-day holiday that was declared by the mayor and council of Beaufort last Thursday. / The Peoples' Bank reopened today after business ordered by Mayor R. Bristol for reviving the city's commercial [life]. / The Peoples Bank suspended last week ... has been reorganized and opened Thursday. Reorganization followed ... and the undertaking was brought about through co-operation of depositors and stockholders.
- Source
- newspapers
Newspaper Articles (5)
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Article Text
Beaufort Stores Resume Business Beaufort, July Beaufort cafes and such, including the Peoples' Bank, reopened today after business ordered by Mayor R. Bristol for reviving the city's commercial very much encouragsaid the mayor bank open for business and there been depositors feel dark cloud has been lifted from shoulders and town looks with confidence and into the future." Under the mayor's proclamation issued July 23. all business houses not essential the daily life the people were ordered closed.
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Article Text
Beaufort Stores Reopen After A 5-Day Holiday July cafes and Peoples, Bank were reopened today after five day business moratorium ordered by Mayor W. R. Bristol for reviving the city's commercial life. are very much encouragsaid the mayor. bank is open for business and there have been depositors. We feel If dark cloud has been lifted from our shoulders and our town looks with confidence and assurance into the future." Under the mayor's proclamation issued all business houses not essential to the daily people were ordered
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Article Text
Peoples Bank Opens Again at Beaufort BEAUFORT S. C., July 28 The Peoples Bank suspended last week. has been reorganized and opened Thursday. Reorganization fol-
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Article Text
SOUTH CAROLINA BANK WILL BE REOPENED BEAUFORT S. C., July 28 The Peoples bank, suspended last week, has been reorganized for reopening at Reorganization followed a five-day holiday declared by the mayor and city council here last Thursday and the undertaking was brought about through co-operation of depositors and stockholders.