20014. Bank of Jacksonburg (Jacksonburg, WV)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 1, 1930
Location
Jacksonburg, West Virginia (39.532, -80.642)

Metadata

Model
gpt-5-mini
Short Digest
25d731dcb6858c54

Response Measures

None

Description

Newspaper dispatches (May 1, 1930) state that the State Banking Commissioner appointed a receiver for 11 closed banks including the Bank of Jacksonburg. Articles describe the institutions as 'closed banks' and a receiver was named; no run or depositor panic is mentioned. Therefore this is a suspension leading to closure/receivership (government action). OCR in articles contains typos (e.g., examiner/receiver phrasing) but meaning is clear.

Events (2)
1. May 1, 1930 Receivership
Newspaper Excerpt
State Banking Commissioner L. R. Charter Jr., today appointed John H. Barringer ... receiver for 11 closed banks ... Bank of Jacksonburg, Jacksonburg ... (Cincinnati Enquirer, May 2, 1930, reporting May 1 appointment).
Source
newspapers
2. May 1, 1930 Suspension
Cause
Government Action
Cause Details
State Banking Commissioner appointed a receiver for multiple 'closed banks', indicating regulatory action/suspension of operations.
Newspaper Excerpt
State Banking Commissioner L. R. Charter Jr., today appointed John H. Barringer, examiner, receiver for 11 closed banks. The institutions are: ... Bank of Jacksonburg, Jacksonburg: ...
Source
newspapers

Newspaper Articles (3)
1. May 2, 1930 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, May 2, 1930

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Article Text

BANK RECEIVER NAMED. ENQUIRER BUREAU SPECIAL DISPATCH. Charleston. W. May 1-State Banking L. R. Charter Jr., today appointed John H. Bar. ringer, an be receiver for 11 closed banks. The institutions The Clarksburg Trust Company and the Farmers Bank, both Clarksburg: Bank of Jacksonburg. Jacksonburg the Tunnelport Bank, the Lumberman Pullman: the Auburn Exchange Bank of Auburn: the Bank of Cairo: the M. and M. Savings Bank of Grafton: the Commercial Morganand the Peoples Bank of Phil-

2. May 2, 1930 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, May 2, 1930

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Article Text

BANK RECEIVER NAMED ENQUIRER Charleston, W. Va., May 1-State Charter Jr., appointed John H. Barringer, examiner, receiver for closed banks. The institutions are: The Clarksburg Trust Company and the Farmers Bank, both Clarksburg: Bank of Jacksonburg, Jacksonburg: the Tunnelport Bank, Tunnelton: the Lumberman Bank. Pullman: the Exchange Bank the Bank of Cairo: the M. and M. Savings Bank of Grafton: the Bank of Morganand the Peoples Bank of Phillippi.

3. May 2, 1930 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, May 2, 1930

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Article Text

BANK RECEIVER NAMED. BUREAU SPECIAL Charleston, W. Va., May 1-State Banking Commissioner L. R. Charter Jr., today appointed John H. Barringer. examiner, be receiver for 11 closed banks. The Institutions are: The Clarksburg Trust Company and the Farmers Bank, both Clarksburg: The Bank of Jacksonburg. Jacksonburg: the Tunnelport Bank, Tunnelton: the Lumberman Bank. Pullman: the Auburn Bank of Auburn: the Bank of Cairo: the M. and M. Savings Bank of Grafton: the Morganthe Peoples Bank of Phillippi.