Peoples Bank & Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: April 10, 1928
Location: York, South Carolina (34.994, -81.242)

Metadata

Model: gpt-5-mini
Short Digest: 40856062

Response Measures

None

Description

Article (The State, 1928-04-11) reports that H. Hart of York was appointed receiver for the 'defunct Peoples Bank & Trust Company of York' after a hearing; no run or temporary suspension preceding reopening is described. The bank is described as defunct and a receiver is being appointed to collect liabilities, indicating permanent closure/receivership.

Events (1)

1. April 10, 1928 Receivership

Newspaper Excerpt: Carl H Hart of York received and asked for order records and assets of Peoples Bank Trust company of York. ... H. Hart of York appointed receiver action brought by certain for the purpose collecting the liabilities stockholders the defunct Peoples Bank & Trust Company of York ... hearing the plaintiffs and defendants ... received and asked for order records and assets of Peoples Bank Trust company of York.
Source: newspapers

Newspaper Articles (1)

1. April 11, 1928 The State Columbia, SC

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Article Text

HART APPOINTED BANK'S RECEIVER Hearing Held Before Rice at Chester. BEHIND EMMERSON ACT OF DEPOSITORS Secretary of State Leading in Votes Both Downstate and in Chicago Over Incumbent. Smith-Glenn Senate Race Closer, but Chicago, April 10 (By A. the basis the the Republican faction headed by Charles S. Deneen tonight had piled up lead which, victory for vir. tualy the entire ticket in today's priLouis L. secretary gubernstorial candidate of the leading his and Lem Small the Smallcandidate for term. The race between Col. Frank twice denied United States senate, and Otis his Republican for the on the Deneen state, was than the but lead he held tenacithe night Robert Crowe, state's and Small standard bearer for with Judge the had the of the Emmerson, with lead of more from of the him the than 375,000 greater figure than the Emmerson forces had predicted. Governor Small home expected county and than 500 but the Chicago Her and Examiner which supported him, o'clock indicated its belief he was gubernatorial vote for the 413 222,301 Glenn majority 22,000 returns from 1,003 Three hundred of Cook county's Judge John for state's torney and Robert Crowe, 27,677 547 the presidential of nois' Republicans had for 131 of out. on got in the the but returns from Chicago, April 10 Senator Medill and daugh ter Mark than 1,000 for the Repub. for the CONTINUED ON PAGE 13.) Bring Action to Collect Statutory Liabilities of Stockholders in Failure. Special The Chester Tuesday evening at the Chester before Judge Rice of Aiken, H. Hart of York appointed ceiver action brought by cer. tain for the purpose collecting the liabilities stockholders the defunct Peo Bank & Trust Company of York issue present brought the hearing the plaintiffs and defendants the tion should the hear. ing that the the York illegal and that its alleged capital stock was made curities the Peoples' Bank Trust company and for the pur pose upon for the appointment Carl H Hart of York received and asked for order records and assets of Peoples Bank Trust company of York. full arguJudge The contested the right the liability They That plaintiffs been and which has not heard the court this by fail and tirely him do. legal first decided That plaintiffs inspect all the has That the has fered and relating to the stock ledger and that the the has 30 per be paid. and The status the regarding assets follows Scores White Criminals The April that the people of the the the the groes are haled before the the nal white Judge tools his charge the grand at the spring of the which court vened terms the South Carolina for their part the Loses Valuable Cow. Special The S. Josey this has of milk from his herd and has another Guernsey serious by chewing sacks that had contained exteium which Mr. Josey was building his herd.