Enterprise Bank - Charleston, SC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 10, 1921
Location: Charleston, South Carolina (32.777, -79.931)

Metadata

Model: gpt-5-mini
Short Digest: 7d2a876a

Response Measures

None

Description

Article (Cheraw Chronicle 1921-11-10) states the Enterprise Bank closed its doors and state bank examiners were auditing its books. No run or depositor panic is mentioned. Closure appears permanent; no explicit reopening or receiver named in the article. Cause not specified in the text, so classified as 'other'.

Events (1)

1. November 10, 1921 Suspension

Cause Details: Article gives no specific trigger; bank had closed its doors and state examiners were auditing its books.
Newspaper Excerpt: State Bank Examiners are Busy at the Enterprise Bank, Auditing Books of That Suspended Institution. ... auditing the books of this institution, which closed its doors.
Source: newspapers

Newspaper Articles (1)

1. November 10, 1921 Cheraw Chronicle Cheraw, SC

Article from Cheraw Chronicle, November 10, 1921

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Article Text

DREAT TRUCK FARM NEAR CHARLESTON AN AMERICAN FRUIT GROWERS COMPANY PLANS TO PLANT EIGHT HUNDRED ACRES. THIRTY GOVERNORS EXPECTED State Bank Examiners are Busy at the Enterprise Bank, Auditing Books of That Suspended Institution. Charleston. - Announcement was made that the American Fruit Growers, Inc., planned to plant 800 acres in truck at Daniel's Island, near Charleston, this spring. Of this extensive area, 500 acres wil be used for early potatoes, 250 for cabbages and 50 for cucumbers. Local arrangements are being made for the entertainment of the governors at their convention here in December, and Governor Cooper, the official host, will be accorded every cooperation on the part of the city and chamber authorities in entertaining the distinguished visitors. Some 30. governors are expected, and as many or more others in the party. State Bank Examiner J. H. Craig, with three assistants, was busy at the Enterprise bank, auditing the books of this institution, which closed its doors. No statement is yet available on the condition of the bank, but strong hope is held by its many depositors that they will be largely reimbursed. A total registration of 5,275,275 for the municipal elections has been made, this combining the registrations of 1919 and 1921.