20085. Peoples Bank (Fountain Inn, SC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 4, 1927
Location
Fountain Inn, South Carolina (34.689, -82.196)

Metadata

Model
gpt-5-mini
Short Digest
6b73314c

Response Measures

None

Description

Articles repeatedly refer to South Carolina Savings Bank or South Carolina State bank as receiver for the Peoples Bank of Fountain Inn and show property sales by the receiver and master. No articles describe a depositor run. Evidence indicates the bank was placed in receivership and its assets sold, i.e., suspended and permanently closed.

Events (9)
1. February 4, 1927 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership; South Carolina Savings Bank acted as receiver (court/legal process).
Newspaper Excerpt
South Carolina Savings Bank, Receiver for People's Bank of Fountain Inn, S. C.
Source
newspapers
2. April 5, 1927 Receivership
Newspaper Excerpt
E. Inman, master, to South Carolina Savings Bank as receiver to the Peoples Bank of Fountain Inn, lot in Fountain Inn, valued at $60.
Source
newspapers
3. December 11, 1927 Receivership
Newspaper Excerpt
S. C. Savings bank, receiver, to C. C. Good ... James M. Richardson to S. C. Savings bank, receiver for People's bank, of Fountain Inn for $10 and other considerations.
Source
newspapers
4. December 31, 1927 Receivership
Newspaper Excerpt
South Carolina Savings Bank, as Receiver for The Peoples Bank of Fountain Inn, Plaintiff ... will sell public auction ... (Master's sale).
Source
newspapers
5. July 3, 1928 Receivership
Newspaper Excerpt
In the case of the South Carolina Savings bank as receiver of Peoples bank of Fountain Inn ... sold to Buchanan ...
Source
newspapers
6. December 13, 1928 Receivership
Newspaper Excerpt
South Carolina Savings bank, receiver for the Peoples bank Fountain Inn. to Putnam $10 and other 73.5 acre tract Oaklawn township.
Source
newspapers
7. April 19, 1930 Receivership
Newspaper Excerpt
South Carolina Savings bank receiver for the Peoples bank of Fountain Inn. to J. W Turner for $1.335 property on the Fork Shoals road near Fountain Inn.
Source
newspapers
8. December 5, 1931 Receivership
Newspaper Excerpt
South Carolina State bank, receiver for the People's Bank Fountain Inn. vs. Stewart ... sell at public ... real estate ...
Source
newspapers
9. December 19, 1931 Receivership
Newspaper Excerpt
E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $400, tract of 26 acres in the Dunklin township.
Source
newspapers

Newspaper Articles (10)
1. February 4, 1927 The Greenville News Greenville, SC
Article from The Greenville News, February 4, 1927

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Article Text

LEGAL NOTICE. STATE SOUTH CAROLINA, COUNTY OF GREENVILLE COURT OF COMMON PLEAS W. D. PLAINTIFF W A. Wallace. B. Martin and 11. K. Townes as Trustees for Realty and Investment Co., W. D. Workman. Maud Harrison, Admix, Cyclone Fence Co., Curran B. Earle. Citizens Lumber Company. Alester G Furman C. Good, M Richardson. Individually and Attorney, South Carolina Savings Bank Receiver for People's Bank of Fountain Inn, S. C., F. C. Zaglin, Camp. bell Tile and Mantel Huntington & Guerry, F. J. Coolidge & Sons, Margaret M. Strader. Henry McGee. Annie M. Beaty, R. R. Griffin. Wm. Goldsmith as and Trustee for Greenville Community Hotel Corp. John Russell F. G. Mauldin, American Bank Trust Co., American Building Loan Asso, Jas. West. Defendants SUMMONS FOR RELIEF (Complaint served) TO THE DEFENDANTS ABOVE NAMED: You are hereby summoned and required to answer the complaint in this action. of which copy herewith served you. and to ser copy of your answer to the said complaint the subscriber his office. Chamber of Commerce Building. Greenville, South Carolina within twenty days after the serv. ice hereof. exclusive of the day of such service; and you fail to answer the complaint within the time aforesaid, the plaintiff in this action will apply to the Court for the relief demanded in the complaint within the time afresaid, the plaintiff in this action will apply to the Court for the relief demanded in complaint. Dated Feb. 2nd, 1927 WYATT AIKEN. Attorney for Plaintiff HARRY A DARGAN. Clerk C. To the non-resident defendant: W. Wallace. Take notice that the complaint in this action, together with the summons, of which the foregoing is a copy, was filed in the office of the Clerk of Court Common Pleas and General Sessions for the County of Greenville, at Greenville, S. C., this 3rd day of February, 1927. WYATT AIKEN, Attorney for Plaintiff STATE SOUTH CAROLINA, COUNTY GREENVILLE COURT OF COMMON PLEAS Maye W. Webb, Plaintiff against C. O. Hobbs, W. Wallace, H. B. Bates, Southern Motor Company, F. B. Lynch, Palmetto National Bank. Wyatt Aiken, individually and as Trustee of the bankrupt estate of H. B. Bates, Defendants. To the Defendants above named: You are hereby summoned and required to answer the complaint in this action, which filed in the of. fice of the Clerk Court of Common Pleas for Greenville County. and to serve copy of your answer to the said complaint on the subscriber at his office Masonic Temple, Greenville, S. C., within twenty days after the service hereof, exclusive of the day of such service: and if you fail to answer the complaint within the time aforesaid, the plaintiff-in this action will apply to the Court for the relief demanded in the complaint. M. BLYTHE Attorney for Plaintiff. Dated February 2. 1927. To Absent Defendants, W. Wallace and F. Lynch: YOU WILL PEASE TAKE NOTICE That the Summons and Complaint the above entitled were filed in the office of the Clerk of Court of Pleas for Greenville County on February 3, 1922. E. M. BLYTHE, Attorney for Plaintiff February 1927. MASTER'S SALE STATE OF SOUTH CAROLINA, COUNTY OF GREENVILLE, COURT OF COMMON PLEAS Pursuant to an Order of the Court in the case of W. Norwood, Plaintiff, T. R. Allen, and E. P. Riley, as Trustee in Bankruptcy for T. R. Allen, Bankrupt, Defendant, will sell at public auction to the highest bidder, in or in front of the County Court House Greenville, S. C., during the legal hours of sale on salesday in February. the same be ing the 7th day of February, 1927. the following described real estate: "All that piece, parcel or lot of land in Austin Township, Greenville County, State of South Carolina, in the Town of Mauldin, described as follows: Beginning at an iron pin at the of Greenville and Laurens Road and Jenkins Street, and runaing thence along Jenkins Street 144 feet. more less to iron pin, corner of lot now or formerly belonging to Maude Swicewood, 156 feet, hore less, to an iron pin on line of property of Frank Schaver thence with the line of the said Frank Schaver 144 feet, more or less, the Greenville and Laurens Road; thence down the Greenville and Laurens Road 156 feet, more or less, to the beginning corner, being the property conveyed to T. R. Allen by R. E. Griffin." Terms of sale, cash; purchaser to pay for papers and stamps. INMAN, Master, Greenville County. January 21, 28; February 4.

2. April 5, 1927 The Greenville News Greenville, SC
Article from The Greenville News, April 5, 1927

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Article Text

VALUABLE LANDS ARE TRANSFERRED Property Valued At $26,000 Involved In Transactions Recorded Property valued at $26,000 was inVolved in real estate transfers yesterday filed in the office of James R. Bates, register of mesne conveyance for Greenville county. Deeds filed were as follows: L. A. Mills to Julia A. Eskew, 20 acres on Augusta road about five miles south of Greenville, value about $6,000. Jasper Batson to R. E. Benson, 23 acres in Bates township on White Horse road, value about 500. Maxwell Williams to L. G. Poole, tract in Marietta in Bates township on Tigerville road, value about $1,- Anna P. Nichols to Jack Childers. lot near Brockman St., valued at $750. J. A. Kinard to Miss L. Winslow, 57 1-2 acres Oaklawn township, valued at $7,000. Julia A. Eskew to L. A. Mills, lot 11 Belmont avenue, Alta Vista, valued at $7,000. T. E. Smith to J. B. Mendenhall Sr., and W. L. James, lot Greenville county, valued at $500. Farmers Bank and Trust company of Greer to J. B. Mendenhall and W. L. James, lot on Trade street, Greer, valued at $250. E. Inman, master, to South Carolina Savings Bank as receiver to the Peoples Bank of Fountain Inn, lot in Fountain Inn, valued at $60. Stowah Realty company to D. W. Payne, lot 6, block 1. Corolando Estates, valued at $500. Martha A. Knight to B. R. Ledbetter, part lot 20, block H., Melrose, valued at $500. N. J. James to J. A. Turner, lot Pearl avenue, valued at $1,000.

3. December 11, 1927 The Greenville News Greenville, SC
Article from The Greenville News, December 11, 1927

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Article Text

SEVEN TRANSFERS FILED YESTERDAY Greater Number Of Realty Deeds Filed Involve Lots Near The City Seven real estate transfers, representing comparatively small exchange of funds, were filed yesterday in the office of James R. Bates, register of mesne conveyance, as follows: Roy L. Bozeman, as trustee, to J. A. Floyd for $10 and other considerations. property described as lot Montgomery avenue; value approximately $1,240. R. P. Bowen to Eliza A. Fayssoux for $10 and other isiderations, property described as lot 10 Memminger street value unfixed Roy Macomson to C. M. Smith for $100, property described as lot 353 plat Lake Lanier. W. R. Timmons to J. H. Bayne for $10 and other considerations, property described as 10 lots City View; value about $3,250. E. Inman, master, to Jasepr Hughes for $425, property described as 29.5 acres Highland township. S. C. Savings bank receiver, to C. C. Good for $10 and other considerations, property described as lots near city: value unfixed. James M. Richardson to S. C. Gavings bank, receiver for People's bank, of Fountain Inn for $10 and other considerations, property described as lots near city; value unfixed.

4. December 31, 1927 The Greenville News Greenville, SC
Article from The Greenville News, December 31, 1927

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Article Text

MASTER'S SALE. STATE OF SOUTH CAROLINA COUNTY OF GREENVILLE, COURT OF COMMON PLEAS Pursuant to Decree of the Cours in the case of South Carolina ings Bank, as Receiver for The Peoples Bank of Fountain Inn, Plaintiff, B. Babb, et al, Defendants, will sell public auction to the highest bidder, in or in front of the County Court House Greenville, during the legal of sale salesday January, the same being the 2nd day of January 1928, the described real estate: (1) "All that certain piece, parcel lot of land situate in the Town Fountain County and State aforesaid, containing 7-10 acres, more less, located on Western Street, bounded by lands of Adams, Mrs. Annie Kellett others, and being the same lot veyed by Mrs. Annie Kellett on 1907, Lurah Rader and Lurah Rader Nash on March 17, 1909, said deeds having been recorded in the for Greenville Coun April in Deed Book Page and on December Deed Book Page 212, and being the same conveyed to B. Babb by S. Helson on Jan. 1919, by deed recorded in Deed Book 34 Page 347; reference to deeds being made for fuller and more (2) "Also: All that other certain parcel tract land lying and being in the State of South Carolina, Greenville County and near the town of Fountain Inn, acres, more or less, bounded by lands Thomason, A. S. Peden, Mrs. Martin, and others, and being the same lands conveyed Babb by Armstrong by deed dated Dec. 31. 1919, and recorded the office R. M. for Greenvill County in Deed Book 56, Page The bidder, the tract above described quired deposit with the the sum $500.00 and ful bidder the second described will require with the Master the for the purpose and Terms of sale, the Decree of Court Terms of sale pay for papers and Master, Gre

5. July 3, 1928 The Greenville News Greenville, SC
Article from The Greenville News, July 3, 1928

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MASTER'S SALES INVOLVE Several Tracts Of Land Put On Block At Regular Sales Day Sixteen sales. involving approximately $48,160. were made yesterday by E. Inman. master of equity under court Sales were made as follows: In the case of Frank H. Irvine Nora Turner, 30 acres. in Sasold to Price and for In the case of Babb Foster acres, the Fowler land. sold to H. C. McKnight for $500 In the case G. Richardson vs. H. McKinney al. lot Ware street, subject $2,500 mortgage. sold Frank for Aileen for $1,850. the case Allen. exthe will of Allen. ceased, James Brooks, 31.1 acres tracts in Butler subject to held by eral Reserve bank sold to Hodges and Leatherwood for $300. In the case Roy H. Bozeman receiver Bank of Lucian M. et 8.9 acres near Richland creek. mortgage, Hodges and Leatherwood for $4,000 In the case of American Building Loan association. Margie Simmons. et al. six shares of plaintiff's stock sold for $10 and 10 and town, for $100, to Charles and Beatty In the case W Nicoll as adlot Ware street, sold H. Woodside for and los Grove street sold Mr Woodside for $650 In the case of Frank Earle and W. Reames vs. Homer Bramlette. et al. 38.6 acres Grove township and second 18.4 acres Grove sold to Townes and Wells for In the case the Carolina Loan and Trust George W. Ward. lot 11 New Monaghan mill. sold to Townes and Wells, atfor $100. In case of D. D McColl W A. Wallace three lots Hammond sold Richardson and McGowan for the case of Federal Land bank acres in Austin township sold Richardson and McGowan for In the case of the South Carolina Savings bank as receiver of Peoples bank of Fountain Inn vs. H two tracts of 18.4 acres and 15.5 acres each sold to Buchanan for the case of Ezell et Eliza acres Butler township sold to Wood and Tigert for In the case of South Carolina National bank Charleston Tweetie Hillhouse. et lot Westfield and Gibbs sold and Haynsworth for In the case of the Greenville Hardware company vs. Katherine Garrison, lot Augusta street sold to W Workman for In the case of South Carolina Na. tional bank Fuel tract of land on both sides Anderson highway. No. sold to Martin attorney for and also 1.246 acres Dunklin subject mortgage, sold to B. Martin for $100.

6. December 13, 1928 The Greenville News Greenville, SC
Article from The Greenville News, December 13, 1928

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Four Transfers Of Property Yesterday Four realty transfers were yesterday filed in the office of James R. Bates, register of mesne conveyance, as follows: Meadows to W. Putnam for $10 and other consideration, 26-acre tract near Fountain Inn, approximate value $5.000. South Carolina Savings bank, receiver for the Peoples bank Fountain Inn. to Putnam $10 and other 73.5 acre tract Oaklawn township. approximate value Constance Albert Kalil Howard for $10 and other consideration. on the and G. R. railway. ward approximate value $500. Rosa Cason to Putnam for $10 consideration. 41.5 acres in township, approximate value

7. April 19, 1930 The Greenville News Greenville, SC
Article from The Greenville News, April 19, 1930

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DEED RECORDED FOR CAMPERDOWN Camperdown Company, Inc., Buys Plant For $270,000 -Deed Is Filed Deed for the sale of Camperdown mills to the Camperdown company, Inc. for $270,000 was filed yesterday at the office of J. Walter Moon register of mesne conveyance Ales. ter G. Furman bought the plant for the firm. The land and buildings were valued at $205,000 and the machinery at $65.000 Other realty transfers placed on Q. Ricker to W. McAlister and W. R. Neely for $10 and other valuable considerations, property in Park Place, valued at approximately $800. T. B. and J. Bramlett to J. C. Cunningham for $500 four acres in Oneal township. South Carolina Savings bank receiver for the Peoples bank of Fountain Inn. to J. W Turner for $1.335 property on the Fork Shoals road near Fountain Inn. J.B. Southern and D R. Cain to Remus Rouda for $2.000. property on the new White Horse road H B. Tindall as executor for the estate of Sella K. Tindal to H Martin for $2,000, property on Jones avenue Earline C. Lanford to M. C. and Markie B. Reese for $10 and othor valuable considerations. property on Westmoreland avenue in Greer. valued at approximately $1,-

8. April 11, 1931 The Greenville News Greenville, SC
Article from The Greenville News, April 11, 1931

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TWO GREENVILLE CASES Supreme Court Hands Down Decisions In Real Estate Tangles COLUMBIA, Apr. 10-Two Greenville cases were decided by the state supreme court, in opinions handed down today. One of the cases is titled, South Carolina Savings bank as receiver for the Peoples Bank of Fountain Inn, versus M. Stansell, appellant, in regard South Carolina Savings bank receiver for the Peoples Bank of Fountain Inn, plaintiff, versus Rose Stansell Boggs, Ethel Stansell, Mary Stansell Coker. John Stansell, Sarah Stansell, and Roy Stansell, defendants. The case involving division of an estate Twelve years ago Mrs. Lula Stansell four of her children mortgaged their 48 to the Peoples Bank of Fountain Inn. In later years the mortgage was transferred the South Carolina Savings bank. In recent years the bank brought action against the six children Mrs. Stansell for partition of the property. with view to coller In Judge H ordered sale of the land Stansell put bid for Stansell later refused comply with the bid, and Judge Mauldin ordered compliance. From this order Stansell appealed. The supreme court affirms the order of Judge Mauldin, the opinion of the court being prepared by JusStabler. The other case is that of J. Pace, respondent, versus Ethel Still, with Leroy Mahaffey and Gallivan are appellants. An opinion Associate Justice Cothran modifies the lower court's decision in this case, which involves settlement of a mortgage on real estate. Action was brought to foreclose mortgage given by Ethel Still to L. Pace, in April 1928, to secure of herself and her husband, R. B. Still, for $4,000 The mortgage was on two tracts of land in suburb of Greenville, including ten acres. Mr. Mahaffey bought piece property at Sans Souci from George for $8,500 He borrowed $5,900 from Gallivan and gave security mortgage and note which R. B. Still had given him on the acres. The suit was brought collection. The court orders the matter manded to the circuit court, with authority for the complain to be amended so as to bring into the case the matter foreclosure the Gallivan mortgage upon the Koester

9. December 5, 1931 The Greenville News Greenville, SC
Article from The Greenville News, December 5, 1931

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MASTER'S SALE STATE OF SOUTH CAROLINA, COUNTY OF GREENVILLE, IN COUNTY COURT Pursuant Decree the Court the The State Bank of South Peoples Plaintiff Glover Hart, sell public auction to the highest bidder in front of County Court House during the hours of sale salesday Deof December 1931 the following day described real estate that parcel lot or land in Chicks Springs in the State and County aforesaid having the following metes bounds B. Kemp the Stokes line this 28 feet stone 3xm: thence chains stone 3xm thence chs bank of South Tiger River: thence down the meanderings of the river another of the Kemp thence line 62-30 2,590 feet to the ginning corner, containing 55 1-2 less, and acre of the Vicent Jenkins Estate shown on plat James K. Dickson made January 12, except and less 36 acres conveyed Wood Kemp deed bearing date 1924 This being the same tract land M. Wood Glover Hart deed bearing date of June Terms of cash; purchaser to pay for papers INMAN November 21-28; December CITATION FOR FINAL SETTLEMENT STATE SOUTH COUNY GREENVILLE THE PROBATE COURT. Ex Parte Alonzo McBee Petitioner. In re the estate of. Dilsie Russell To Florence James Kitty Perry Ben Agnes Hewlett and Joe Logan, the heirs law, devisees administrators Ben Earle and Joe Logan, dead, and other entitled as distributees or otherYou are hereby required to appear Probate Court of County on the first February 1932, o'clock cause, any why settlement the Dilsie Russell should not discharge granted Alonzo McBee as administrator estate. And to any of the heirs law devisees of Ben Earle and Joe Logan, are infants fourteen years of are required have guardian ad litem appointed to represent And any of the heirs at law devisees distributees Ben Earle and Joe they infants under the fourteen years, and the persons with whom the infants reside. required have guardian litem resent said infants who are under fourteen years Upon your failure to make application above Court make such appointment on its motion Given under my hand and seal this 29th 1931 GUY A. Probate Judge for Greenville County CHARLES AND BEATY. Attorneys Petitioner. LEGAL NOTICE of way side track: thence with said right of way 104 feet Goodrich street: street 77-25 feet beginning corner. Lot No. 39 begins on right of corner No. 40; thence runs feet Dunean car line right thence along said right way 78-10 feet corner of No. thence 130 feet Goodrich thence Good18.6 feet right of thence said right way feet to the and being part the land Fortner Execuand Trustee under the will of deceased, Norwood Cleveland, by deed dated June 10, 1922. recorded Vol. 76. Page M. C. Office for Greenville The successful bidder the time his bid required to deposit with the Master the $150.00 evidence of the bona fides his Terms sale-Cash; purchaser to pay for papers and Master Greenville County. November 21-28; December MASTER'S SALE STATE SOUTH CAROLINA COUNTY IN COUNTY COURT Pursuant to decree of the court in the case South Carolina State bank, receiver for the People's Bank Fountain Inn. vs. Stewart defendant sell at public to the highest bidder. front county court during the legal hour sale salesday December, the same ing the 7th 1931 real estate: that certain piece, parcel or lot land Dunklin township and county containing acres, more or and with the following metes and bounds to-wit Beginning pin, Meekins lands and 54 6.25 to corner thence stone: thence to Meekins Cobb thence 41 along line to the beginning corner and being portion of lands conveyed the Savings receiver by deed of Miriam Woods. The successful bidder at the time his bid accepted. will required deposit with the master cash certified check in the of $200.00 to insure his bona fides Terms purchaser to pay for papers and INMAN Master. Greenville County November 21-28: December

10. December 19, 1931 The Greenville News Greenville, SC
Article from The Greenville News, December 19, 1931

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$5,221 IN REAL ESTATE CONVEYED Nine Deeds Filed By County Register In Record Of Deals Real estate trading in Greenville county showed signs of new life yesterday as Ira A. Gresham, register of mesne conveyance, filed deeds recording transfers of Greenville county property valued at more than $5,221. The realty transactions follow: S. R. Smith to Clarence Smith, for $10 and other considerations, tract of 30 acres on the PelhamGeer road. W. H. Moore to L. L. Ferebee, for $1,100, five acres near Paris station and three acres on the Beverly road. John F. Graydon to J. P., and W. W. Kellett, for $1,400, tract of 56 four miles from Fountain Inn. S. R. Smith to Gordan Smith, for love and affection. tract of 30 acres on the Pelham-Geer road. William J. Howard to W. J. Wood, for $860, two acres on Cemetery street in Geer E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $400, tract of 26 acres in the Dunklin township. E. Inman, master, to the Farmers Bank of Simpsonville, corporation, for $100, tract of 50 acres in the Austin township. E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $1,050, tract of 46 acres on the Sandy Springs road. E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $300, tract of 26 acres in the Dunklin township.