Article Text
Frozen $150,000 Gives Bank to Receiver Tenn. The Jellico Bank and Trust which has total resources of pany, has been placed the hands of the result 000 in notes being present
20668. Jellico Bank & Trust Company (Jellico, TN)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- trust company
- Start Date
- February 26, 1926
- Location
- Jellico, Tennessee (36.588, -84.127)
Metadata
- Model
- gpt-5-mini
- Short Digest
a126976e
Response Measures
None
Description
Article (1926-02-26) reports the Jellico Bank and Trust placed in hands of a receiver after frozen $150,000; no mention of a depositor run. Classified as suspension leading to closure/receivership (government action). OCR in article is fragmented; interpreted 'placed in the hands of a receiver'.
Events (2)
1.
February 26, 1926
Receivership
- Newspaper Excerpt
- The Jellico Bank and Trust ... has been placed the hands of [a] receiver (article fragmented).; frozen $150,000 gives bank to receiver reported in paper date 1926-02-26
- Source
- newspapers
2.
February 26, 1926
Suspension
- Cause
- Government Action
- Cause Details
- Bank placed in hands of a receiver after $150,000 frozen assets; suspension/closure initiated by appointment of receiver
- Newspaper Excerpt
- Frozen $150,000 Gives Bank to Receiver Tenn. The Jellico Bank and Trust ... has been placed the hands of the result
- Source
- newspapers
Newspaper Articles (1)
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