20808. Franklin Insurance Company (Memphis, TN)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 31, 1867
Location: Memphis, Tennessee (35.150, -90.049)

Metadata

Model: gpt-5-mini
Short Digest: 133ef929

Response Measures

None

Description

Chancery court notices (July–Aug 1867) repeatedly announce J.K.P. Pritchard appointed receiver for the Franklin Insurance and Banking Company and Franklin Insurance Company. This indicates the bank was placed in receivership (closure). In Feb 1868 the receiver advertises a sale of the banking house and fixtures. No article mentions a depositor run or a temporary suspension prior to receivership. Two corporate names appear in notices (Franklin Insurance and Banking Company; Franklin Insurance Company) — treated as same failing concern.

Events (2)

1. July 31, 1867 Receivership

Newspaper Excerpt: NOTICE is hereby given to all parties interested, that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company,and Franklin Insurance Company, in the above stated cause, in said Court. ... J. K. P. PRITCHARD, Receiver.
Source: newspapers

2. February 24, 1868 Other

Newspaper Excerpt: Receiver's Sale. WILL, ON MONDAY, 24TH INSTANT, on the corner of Jefferson street, proceed to sell to the highest bidder, that valuable Banking House and Lot ... known as the Franklin Insurance Company's Banking House. ... I. B. MERCER, Receiver.
Source: newspapers

Newspaper Articles (10)

1. July 31, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, July 31, 1867

Click image to open full size in new tab

Article Text

NEW ADVERTISEM'TS. OR SALE LOWF 100 Casks Clear Sides. W 500 Bris Mess Pork. 350 Mks Choice Rio Coffee. 50 Tres Extra Sugar|Cured Hams. For cash or city acceptances. MARTIN WALT & CO., jy31-3t 272 Front street. ST. PAUL'S ACADEMY, Helena, Ark. THE Fourth Annual Session of St. Paul's T'academy, Helena, Arkansas, for the reception of boarders and day pupils, will commence on the First Monday in September. Prospectus giving full particulars can be had by applying to jyal Im D. J. COGAN. President. Chancery Court of Memphis. No. 1807 N. R. D.-John R. Godwin VS. Franklin Insurance and Banking Company et als. OTICE is hereby given to all parties interN ested, that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company,and Franklin Insurance Company, in the above stated cause, in said Court. Debtors of said Companies are notified to call at room No. 4 Bethell Building, corner of Court and Main streets, Memphis, Tenn., and settle their indebtedness. J. K. P. PRITCHARD, jy30 (tues)law4w Receiver,

2. August 1, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 1, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R. D.-John R. Godwin vs. Franklin Insurance and Banking Company et als, N TOTIC- is hereby given to all parties interested. that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company,and Franklin Insurance Coro pany, in the above stated cause, lu said Court. Destors of said Companies are notified to call at room No. 4 Bethell Building, corner of Court and Main streets, Memphis, Tenn., and settle their indebtedness. J.K. P. PRITCHA jy80 (triss)Iaw4w to Receiver.

3. August 6, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 6, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R. D.-John R. Godwin vs. Franklin Insurance and Banking Company et als. OTIC is hereby givea to a 1 parties interN ested, that the undersigned has been appointed Receiver of the Franklin Insurance and Bauking Company,and Franklin Insurance Company, in the above stated cause, la said Court, Debtors of said Companies are notified to call at room No. 4 Betheil Building, corner of Court and Main streets, Memphis, Tenny and settle their indebtedness. J. K. P. PRITCHARD, Receiver. jy30 (tues)lawsw

4. August 7, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 7, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R D.-John R. Godwin vs. Franklin Insurance and Banking Company et als, TOTIC is hereby given to al parties interN ested, that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company, and Franklin Insurance Company, in the above stated cause, in said Court. Dectors of said Companies are notified to call at room No. 4 Bethell Bauding, corner of Court and Main streets, Memphis, Tenn., and settle their indebtedo ess. J. K. P. PRITCHARD, Receiver. jy30 (tues):aw4w

5. August 9, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 9, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R. D.-John R. Godwin vs. Franklin Insurance and Banking Company et als, OTIC is hereby given to a 1 parties interested. that the undersigned has been apN pointed Receiver of the Franklin Insurance and Banking Company,and Franklin Insurance Company, in the above stated cause, in said Court. Debtors of said Companies are notified to call at room No. 4 Bethell Building, corner of Court and Main streets, Memphis, Tenn., and settle their indebtedness. J. K. P. PRITCHARD, Receiver. jy80 (tues)law4w

6. August 10, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 10, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R. -John R. Godwin vs. Franklin Insurance and Banking Company et als. OTION is hereby given to all parties interested. that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company, and Franklin Insurance Company, in the above stated cause, in said Court. Debtors of said Companies are notified to call at room No. 4 Bethell Building, corner of Court and Main streets, Memphis, Tenn., and settie their indebted less. J. K. P. PRITCHARD, Receiver. jy30 (tues)law4w

7. August 25, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 25, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R D-John R Godwin vs. Franklin Insoranceand Banking Company el als. TOTICS is hereby given to all parties InterN ested, that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company,and Franklin Insurance Company, in the above stated cause, in said Court. Debtors of said, Companies are notified to call at room No. 4 Betheil Buliding, corner of Court and Main streets, Memphis, Tenn., and settle their indebtedness. J. K. P. PRITCHARD, y30 (tues) law4w Receiver.

8. August 30, 1867 Memphis Daily Appeal Memphis, Hernando, Grenada, Jackson, Vicksburg, Atlanta, Griffin, Macon, Montgomery, Selma, TN

Article from Memphis Daily Appeal, August 30, 1867

Click image to open full size in new tab

Article Text

Chancery Court of Memphis. No. 1807 N. R. D.-John R. Godwin vs. Franklin Insurance and Banking Company et als. T OTIC is hereby given to all parties interN ested, that the undersigned has been appointed Receiver of the Franklin Insurance and Banking Company,and Franklin Insurance Com pany, in the above stated cause, 1u said Court. Debtors of said Companies are notified to call at room No. 4 Bethell Building, corner of Court and Main streets, Memphis, Tenn., and settle their indebtedness. J. K. P. PRITCHARD, jy30 (tues) law4w Receiver.

9. February 11, 1868 Public Ledger Memphis, TN

Article from Public Ledger, February 11, 1868

Click image to open full size in new tab

Article Text

Receiver's Sale. WILL, ON MONDAY, 24TH INSTANT, on the corner of Jefferson street, proceed to I sell to the highest bidder, that valuable Banking House and Lot, on the corner of Jefferson and Front streets, known as the Franklin Insurance Company's Banking House. Terms of Sale-One-third cash: balance in six and twelve months, with interest: also bond and good security, and a mortgage on the property until the purchase money is paid. I will also sell at the same time and place, that large Fire and Burglar Proof Safe: also. the counter and fixtures and all of the Office Furniture. Sale between 10 a. me and 12 o'clock m. N.B. The above property can be bought at private sale if desired. 150 I. B. MERCER. Receiver.

10. February 20, 1868 Public Ledger Memphis, TN

Article from Public Ledger, February 20, 1868

Click image to open full size in new tab

Article Text

# Receiver's Sale. I WILL, ON MONDAY, 24TH INSTANT, on the corner of Jefferson and Front streets, sell to the highest bidder, that valuable Banking House and Lot, on the corner of Jefferson and Front streets, known as the Franklin Insurance Company's Banking House. Terms of Sale-One-third cash; balance in six and twelve months, with interest; also bond and good security, and a mortgage on the property until the purchase money is paid. I will also sell at the same time and place, that large Fire and Burglar Proof Safe; also, the counter and fixtures and all of the Office Furniture. Sale between 10 a.m. and 12 o'clock m. N. B. The above property can be bought at private sale if desired. 150 I. B. MERCER, Receiver.