Bank of Loris - Loris, SC

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1923*
Location: Loris, South Carolina (34.056, -78.890)

Metadata

Model: gpt-5-mini
Short Digest: 15129d42

Response Measures

None

Description

Article (The State, 1929-02-28) reports the Bank of Loris as a defunct institution with a receiver mailing out checks and references liquidation and sale activity earlier (Spring 1923). No run or temporary suspension is described; a receiver is handling final payments, indicating permanent closure. OCR errors in the clipping were corrected (e.g., 'receiver' and 'mailing out checks').

Events (2)

1. January 1, 1923* Other

Newspaper Excerpt: Spring 1923 ... purchased its ... bank, but liquidating continued ... agent.
Source: newspapers

2. February 28, 1929 Receivership

Newspaper Excerpt: MAILING OUT CHECKS FOR BANK OF LORIS ... receiver ... mailing out checks for Bank of Loris, receiver the out checks week mailing defunct institution.
Source: newspapers

Newspaper Articles (1)

1. February 28, 1929 The State Columbia, SC

Article from The State, February 28, 1929

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Article Text

MAILING OUT CHECKS FOR BANK OF LORIS Special to The State. petition Feb of the receiver and order of the cashier of Elliott, Trust company roughs this of Bank of Loris, receiver the out checks week mailing defunct institution. this out at being paid Ten some this thing capital located $10,000 This this Burroughs the Spring 1923, this place Bank & by the receiver being Later Conway state bank the BurNational bank purchased its roughs bank, but liquidating continued the bank have agent. The debts the depositors Recently the suit which their stock is now Few business pract except books nicked