Citizens Savings Bank - Columbia, SC

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 18, 1879
Location: Columbia, South Carolina (34.001, -81.035)

Metadata

Model: gpt-5-mini
Short Digest: 8453e902

Response Measures

None

Description

Article reports a meeting of the creditors of Citizens' Savings Bank in Columbia where a trustee (Louis LeConte) was chosen to replace a deceased trustee. This indicates the bank was in distress/insolvency and under creditor/receivership proceedings. The article does not mention a run or any reopening; therefore classified as a suspension leading to closure/receivership. OCR snippet truncated but the creditor meeting is explicit.

Events (1)

1. September 18, 1879 Receivership

Newspaper Excerpt: At a recent meeting of the creditors of the Citizens' Savings Bank, held in Columbia, Mr. Louis LeConte was chosen as trustee, in place of John Fisher, deceased.
Source: newspapers

Newspaper Articles (1)

1. September 18, 1879 Yorkville Enquirer York, SC

Article from Yorkville Enquirer, September 18, 1879

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Article Text

SOUTH CAROLINA NEWS. - Maj. A. Burnett Rhett, of Charleston, died at Flat Rock, N. C., on the 13th instant. - The sudden death of Dr. W. R. Nelson, a member of the House of Representatives from Kershaw county, is announced. - Ex-Judge J. P. Reed has had an operation performed for cancer in the face, and at last accounts was doing well. - It is unlawful to shoot, kill, or otherwise injure partridges until after the 15th day of October. The penalty for a violation of the "game law" is a fine and imprisonment. - A bale of new cotton was shipped from Cokesbury on Thursday, sold the same evening in Greenville, sent to Batesville Factory on Friday, and made into yarn on Saturday. - Col. A. M. Speights, in the Greenville City Item, nominates Gen. M. W. Gary, for Governor, and Maj. T. W. Woodward, for Congress from the Fourth District. - Mr. J. W. Rykard, of Abbeville, has patented an improvement in clock machinery, by means of which a clock will run without winding, or will wind itself. - The Register says that the trade of Co lumbia is opening brighter this season than for many years. Seven hundred and eleven bales of cotton were sold in that city last week. - At a recent meeting of the creditors of the Citizens' Savings Bank, held in Columbia, Mr. Louis LeConte was chosen as trustee, in place of John Fisher, deceased. The