20204. Bank of Starr (Starr, SC)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 3, 1913
Location
Starr, South Carolina (34.377, -82.696)

Metadata

Model
gpt-5-mini
Short Digest
1d2f587e

Response Measures

None

Description

Both articles report the Bank of Starr suspended and a receiver (C. C. Jones) appointed; no run or depositor agitation is mentioned. A financial report notes a slight impairment of capital but that depositors and creditors will be paid in full. Date inferred from newspaper items (early June 1913).

Events (2)

1. June 3, 1913 Receivership
Newspaper Excerpt
C. C. Jones, a prominent business man of Starr, has been appointed receiver by the court. A financial report ... shows that there will be a slight impairment of the capital stock. The depositors and creditors will be paid in full, and the stockholders will get back a majority of the money paid in for the stock.
Source
newspapers
2. June 3, 1913 Suspension
Cause Details
Articles give no specific cause for suspension beyond a slight impairment of the capital stock.
Newspaper Excerpt
The Bank of Starr ... has suspended business, and C. C. Jones ... has been appointed receiver by the court.
Source
newspapers

Newspaper Articles (2)

Article from Keowee Courier, June 4, 1913

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Article Text

Bank of Starr Suspended, (Anderson Mail, 3d.) The Bank of Starr (Anderson county), which was organized in 1905 with an authorized capital stock of $15,000, of which $13,500 was paid in, has suspended business, and C. C. Jones, a prominent business man of Starr, has been appointed receiver by the court. A financial report of the institution shows that there will be a slight impairment of the capital stock. The depositors and creditors will be paid in full, and the stockholders will get back a majority of the money paid in for the stock.


Article from The County Record, June 5, 1913

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Article Text

SEAL SPERO, SPES ANIMIS COLCAROLIRA OPIBUSITY STATE and GENERAL TOPICS J Alfred Austin, poet laureate of England since 1896, died in London June 2, aged 77. XXX The South Carolina Press association will hold its thirty-ninth annual meeting at the Isle of Palms Thursday and Friday, June 26-27. XXX The Bank of Starr, in Anderson county, eight years old, with a capital stock of $13,500, has suspended business and, by order of Judge Bowman, its affairs have been placed in the hands of a receiver. XXX William Howard, the four-year-old son of Col and Mrs George C Evans of Sandersville, Georgia, was killed one day last week by a baseball that struck him over the heart while the lad was watching a match game from the grand stand. XXX Chicago physicians recently removed a toy cannon from the stomach of Coleman O'Shaughnessy,age three, who swallowed it while celebrating Memorial day. The cannon was made of iron and was one and one-half inches long. The child is apparently none the worse for his experience. XXX Fatalities by lightning from-the thunder storm of Saturday afternoon are reported as follows: At Jeffersonville, Ga, Mrs J C Thomas and her son, Jesse C Thomas, Jr, were instantly killed and four others of the family and a neighbor's child injured by a bolt of lightning which struck the Thomas home. At Cordele, Ga, Samuel Griffin, a seventeen-year-old boy, was struck and killed. Several others of the family were shocked more or less seriously and the bolt set fire to the barn and stables, destroying livestock and grain.