20742. Lenoir City Bank (Lenoir City, TN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 5, 1901
Location
Lenoir City, Tennessee (35.797, -84.256)

Metadata

Model
gpt-5-mini
Short Digest
cc7ac2c4

Response Measures

None

Description

Multiple contemporary papers (Dec 5–6, 1901) report the Lenoir City Bank closed its doors and describe the event as a suspension caused by depreciation of Lenoir City real estate. No run is mentioned and no reopening is reported in these items; several report it as a failure. Date selected is 1901-12-05 (reported Dec. 5–6, 1901).

Events (1)
1. December 5, 1901 Suspension
Cause
Local Shock
Cause Details
Suspension attributed to depreciation in Lenoir City real estate (local real-estate collapse/decline).
Newspaper Excerpt
The Lenoir City Bank ... closed its doors today. ... The suspension of business is said to be due to depreciation in Lenoir City real estate.
Source
newspapers

Newspaper Articles (7)
1. December 6, 1901 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, December 6, 1901

Click image to open full size in new tab

Article Text

Failure of a Tennessee Bank. KNOXVILLE, Tenn., Dec. 5'-The Lenoir City Bank, at Lenoir City, renn., closed its doors to-day. It had a capital of $50,000. It is stated that depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir 1 City real estate.

2. December 6, 1901 Evening Journal Wilmington, DE
Article from Evening Journal, December 6, 1901

Click image to open full size in new tab

Article Text

Tennessee Bank Failure. Knoxville, Tenn., Dec. 6.-The Lenoir City Bank, at Lenoir City, Tenn., elosed its doors yesterday. It had a capital of $50,000. It is stated that depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real.estate.

3. December 6, 1901 The Savannah Morning News Savannah, GA
Article from The Savannah Morning News, December 6, 1901

Click image to open full size in new tab

Article Text

Tennessee Bank Closes Its Doors. Knoxville, Tenn., Dec. 5.-The Lenoir City Bank at Lenoir City, Tenn., closed its doors to-day. It had a capital of $50,000. It is stated that the depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real estate.

4. December 7, 1901 The News & Observer Raleigh, NC
Article from The News & Observer, December 7, 1901

Click image to open full size in new tab

Article Text

Lenoir City Bank Closed. I (By the Associated Press.) Knoxville, Tenn., Dec. 5.-The Lenoir City Bank at Lenoir City, Tenn., closed its doors today. It had a capital of $50,000. It is stated depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real estate.

5. December 10, 1901 The Semi-Weekly Messenger Wilmington, NC
Article from The Semi-Weekly Messenger, December 10, 1901

Click image to open full size in new tab

Article Text

Another Bank Suspends Knoxville, Tenn., December 5.-The Lenoir City bank, at Lenoir City, Tena. closed its doors today. It had a capital of $50,000. It is stated depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real estate

6. December 12, 1901 The Plymouth Tribune Plymouth, IN
Article from The Plymouth Tribune, December 12, 1901

Click image to open full size in new tab

Article Text

What Happens When Towns Die. KNOXVILLE, Tenn., Dec. 6The Lenoir City bank, at Lenoir City, Tenn,, closed its doors today. It had a capital of $50,000. The suspension of business is said to be due to depreciation in Lenoir City real estate.

7. December 13, 1901 The Bolivar Bulletin Bolivar, TN
Article from The Bolivar Bulletin, December 13, 1901

Click image to open full size in new tab

Article Text

Lenoir City Bank Fails. The Lenoir City Bank has closed its doors. It had a capital of $50,000. It is stated depositors will get all due them. The suspension of business is said to be due to depreciation in Le noir City real estate.