Planters Bank of Fairfield

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 31, 1869
Location: Winnsboro, South Carolina (34.381, -81.086)

Metadata

Model: gpt-5-mini
Short Digest: 72045511

Response Measures

None

Description

Court order appointing a receiver (Dec 31, 1869) indicates the bank was placed in receivership/liquidation. No mention of a depositor run in the article.

Events (1)

1. December 31, 1869 Receivership

Newspaper Excerpt: it devolves upon me as a duty under the provisions of said Act to appoint a suitable person as receiver of said Bank. It is therefore ordered that Sami. B. Clowney, Esq., ... be appointed Receiver of the Planters Bank of Fairfield ... Signed, J. M. RUTLAND, Judge 4th Circuit, S.C. December 31st, 1869.
Source: newspapers

Newspaper Articles (1)

1. January 19, 1870 The Fairfield Herald Winnsboro, SC

Article from The Fairfield Herald, January 19, 1870

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Article Text

State of South Carolina---Fairfield County. HEREAS I have been notified by Hon. W J. L Neagle. Comptroller-General of said State, that the Planters Bank of Fairfield has failed to make any report to his office in accordance with the requirements of the Act of the General Assembly of the said State, approved March 13th, 1869, entitled "An Act to enable the Banks of the State to renew business or to place them in liquidation." And whereas it devolves upon me as a duty under the provisions of said Act "to appoint a suitable person as receiver" of said Bank. It is therefore ordered that Sami. B. Clowney, Esq., of the State and County aforesaid, be appointed Receiver of the "Planters Bank of Fairfield," and that he do take charge of the property and assets of said Bank and forthwith proceed to comply with all the provisions of said Act, in relation to the duties of receiver. Signed, J. M. RUTLAND, Judge 4th Circuit, 3.C. December 31st, 1869. Pursuant to the above order of the Hon. J. M. Rutland, Judge of the 4th Circuit of South Carolina, appointing the undersigned "Receiver of the Planters Bank of Fairfield," notice is hereby given to all persons having claims against the said Bank, that they must be presented and proven within Forty days from the date of this notice, at his office in Winnsboro, S. C. SAML. B CLOWNEY, Winnsboro. S. C., 10th January, 1870. Receiver. jan 11-t3x2