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The Bank of Modock, a small bank in Edgefield county, was declared insolvent last week and a receiver appointed. The books show assets $6,129.74, of which only $2,287.65 is thought to be collectible.
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The Bank of Modock, a small bank in Edgefield county, was declared insolvent last week and a receiver appointed. The books show assets $6,129.74, of which only $2,287.65 is thought to be collectible.
The Bank of Modoc, in Edgefield county, has gone into the hands of a receiver, with liabilities of $6,000 and available assets of $2.000. The bank was declared insolvent by State Bank Examiner Rhame. It has been in existence two years.