Peoples Savings Bank & Trust Company

Bank Information

Episode Type: Suspension → Reopening
Bank Type: trust company
Start Date: April 27, 1868
Location: Nashville, Tennessee (36.166, -86.784)

Metadata

Model: gpt-5-mini
Short Digest: 4bf15e2f

Response Measures

None

Description

The article (1868-04-28) describes a plaster-ceiling collapse at the People's Bank in Nashville that temporarily suspending business. The provided bank name (Peoples Savings Bank & Trust Company) does not match the article's bank name; it is unclear if these are the same institution, so bank_name_unsure is set to true. No run or receivership is mentioned; the suspension is temporary, implying reopening.

Events (1)

1. April 27, 1868 Suspension

Cause Details: Plaster of the ceiling fell in the banking room, injuring a teller and forcing a temporary suspension of business.
Newspaper Excerpt: Yesterday morning the whole of the plaster of the ceiling of the People's Bank fell suddenly with a loud crash ... creating a panic ... and temporarily suspending business.
Source: newspapers

Newspaper Articles (1)

1. April 28, 1868 Nashville Union and Dispatch Nashville, TN

Article from Nashville Union and Dispatch, April 28, 1868

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Article Text

# AN AVALANCHE OF PLASTER. Yesterday morning the whole of the plaster of the ceiling of the People's Bank fell suddenly with a loud crash, injuring Mr. George Holbrook, the teller, completely covering furniture, desks and books, creating a panic among the ink-slingers, and temporarily suspending business.