19893. Farmers Bank (Central, SC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 12, 1930
Location
Central, South Carolina (34.724, -82.781)

Metadata

Model
gpt-5-mini
Short Digest
aba12926

Response Measures

None

Description

Articles (Aug–Sep 1930) describe the Farmers' Bank of Central as already defunct/in process of liquidation and show a receiver was being elected/appointed. No mention of depositor runs; sequence is a suspension/closure with receivership. OCR gaps in Article 2 truncated some phrases; bank name in Article 1 shown as Farmers' Bank of Central and Article 2 as Farmers bank—standardized to Farmers' Bank. 'State' chosen from typical naming (Farmers' Bank) though explicit charter type not stated.

Events (2)

1. August 12, 1930 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank described as defunct and in process of liquidation; stockholders preparing to elect a receiver.
Newspaper Excerpt
an election for bank receiver for the defunct bank, Farmers' Bank of Central will be held at 10 o'clock Tuesday
Source
newspapers
2. September 21, 1930 Receivership
Newspaper Excerpt
Love, member the Greenville bar today named receiver Farmers bank which has been in process of liquidation for nearly ... Love to qualify and assume his ... relieving Gaines has acting as receiver for the past ... No dividend has been paid to the depositors since the closing of the bank. (Greenville News 1930-09-21)
Source
newspapers

Newspaper Articles (2)

Article from The Greenville News, August 12, 1930

Click image to open full size in new tab

Article Text

Revival Meeting, Bank Receiver Election And Campaign Meet Today CENTRAL Aug Aug. 12, scheduled to be Central's red letter day. There are three important gatherings for the day: the revival meeting the Mount Zion Methodist church progress services being held each evening at o'clock conducted by the pastor. the Rev. M. M. Brooks: an election for bank receiver for the defunct bank, Farmers' Bank of Central will be held at 10 o'clock Tuesday and generally understood names will be presented stockholders and depositors for consideration; candidates for county will pretheir claims much interest have attended each of the previous political gatherings and are that Central will be no excepPossibly the center interest be the race for Magistrate for this township which embraces towns comechee and Calhoun: Earle, prominent men seeking this and indications point ward warm friends each expressing themselves as being sure victory Rice, only candidate for county office has. is in the race for Other to the voters Supervisor: and George Hendricks: State Senate: Spearman, John Craig and Cureton: House John Christopher Garfield Lesley, Probate Judge Crane and Alonzo Brown County Snow Masters M Hunt Cassel Natahan Smith. Will Young John Bluford Alexander and


Article from The Greenville News, September 21, 1930

Click image to open full size in new tab

Article Text

LOVE IS NAMED BANK RECEIVER Greenville Attorney To Liquidate Affairs Of Central Institution CENTRAL. Sept. Love, member the Greenville bar today named receiver Farmers bank which has been in process of liquidation for nearly following appearance attorneys stockholders before Judge Mauldin Love to qualify and assume his fifteen relieving Gaines has acting as receiver for the past No dividend has been paid to the depositors since the closing of the bank.