Carolina National Bank - Columbia, SC

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 1680
Charter Number: 1680
Start Date: *
Location: Columbia, South Carolina (34.001, -81.035)

Metadata

Model: gpt-5-mini
Short Digest: 64c123c2

Response Measures

Public signal of financial health

Other: This episode is an anecdotal historical run in the 1870s described in a 1927 article; no formal dates or follow-up suspension are given.

Description

Article contains an anecdote about a historical run on Carolina National Bank (long before 1927) describing how depositors were quieted by piling currency on the counters. No suspension, reopening, or receivership is mentioned and no precise date is given in the text.

Events (3)

1. April 25, 1868 Chartered

Source: historical_nic

2. January 12, 1926 Voluntary Liquidation

Source: historical_nic

3. * Run

Cause: Rumor Or Misinformation
Cause Details: Unspecified depositor panic/historical run; anecdote implies a panic or rumor led to heavy withdrawals that were quelled by displaying currency on the counters.
Measures: Bank personnel displayed large bundles of currency (Confederate bills with greenbacks) on the counters to reassure and quiet depositors.
Newspaper Excerpt: Jones tells with amusement run on the bank was stopped then by piling bundles of Confederate money with greenback on top and bottom counters the bank. The sight of 80 money quieted the of the depositors.
Source: newspapers

Newspaper Articles (1)

1. August 24, 1927 The State Columbia, SC

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Article Text

GENERAL JONES WITH EXAMINER Takes Place With State Banking Office. MANY YEARS' SERVICE Has Been in Business Since He Was Lad of Seventeen. State Bank Examiner Fant be. ing upon his securing the services of Gen. Jones as assistant. General Jones has been engaged in banking in Columbia since the early 70s when he came to Columbia as boy of 17 years. He was then employed by the Carolina National bank of which D. Childs, father of the late Childs and L. D. Childs, was Those in South Carolina, the and banking was pecarious. Jones tells with amusement run on the bank was stopped then by piling bundles of Confederate money with greenback on top and bottom counters the bank. The sight of 80 money quieted the of the depositors. For years Jones connected with the Carolina National bank, until he resigned to become president of the Palmetto National bank which he was connected for nearly During all this time Ge eral Jones an active citizen of Columbia and Trinity For many he was captain the Gpards of the crack military organiza tions of the Many were the exhibitions drills given by the Gov. ernors Guards for the benefit of charity in Columbia. This one of the ways of money those days charities. General colonel the Second South lina the Spanish war which did service in Cuba. For very many years General Jones has member the state Democratic executive committee and its Though up in his thre score and ten years now in and body. He does not glasses, and he has no need for adding machine for he add figures as fast and as accurately see He in his native element on bank and verifying them. He will be of great service the state banking