20993. Bank of Sevierville (Sevierville, TN)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
January 20, 1933
Location
Sevierville, Tennessee (35.868, -83.562)

Metadata

Model
gpt-5-mini
Short Digest
bcab9242

Response Measures

None

Description

The bank posted a notice suspending business for 15 days (Jan 1933) to strengthen reserves. Articles indicate officers intended to reopen within 15 days and a later item notes the bank reopening. No explicit depositor run on this specific bank is described in the excerpts.

Events (2)
1. January 20, 1933 Suspension
Cause Details
Temporary suspension for 15 days to strengthen reserves per posted notice.
Newspaper Excerpt
BANK OF SEVIERVILLE 'SUSPENDS' 15 DAYS ... On account ... the bank will suspend business this bank will 15 days ... for purpose of strengthen reserves.
Source
newspapers
2. * Reopening
Newspaper Excerpt
officers of all three have voiced intentions of reopening within 15 days. (Also: Bank of Sevierville Reopen noted Sept. 2 article.)
Source
newspapers

Newspaper Articles (3)
1. January 20, 1933 The Knoxville News-Sentinel Knoxville, TN
Article from The Knoxville News-Sentinel, January 20, 1933

Click image to open full size in new tab

Article Text

BANK OF SEVIERVILLE 'SUSPENDS' 15 DAYS of StrengthenPurpose Says Notice. Reserves,' ing Jan. failed to of Sevierville today its doors. This notice was posted: of the closing of "On account National Bank, the East Tennessee suspend business this bank will 15 days for the for period of our reof purpose serves. (Signed) MURPHY, president. ROY cashier. the opinion of the officers of this bank that the bank is in East Tennessee It had money National published last statement 31, inas of Dec. subject to check dividual savings deposits, time certificates total deposit, notes of bills posits, Resources listpayable, include loans and which with cash on sundry hand and due, and total Capital stock

2. January 27, 1933 The Knoxville Journal Knoxville, TN
Article from The Knoxville Journal, January 27, 1933

Click image to open full size in new tab

Article Text

STATE DEMANDS DEATH AS PENALTY FOR WARD; 'RUN' REVERSED Maynardville Bank Gains After Reopening. Jan. Maynardville State bank, which suspended last was reopen today and immediately deposi tors rusbed the deposit more $6,000 posited cording to Beeler, dent bank suspended to avoid any might follow the closing of the East tional and will remain open said Beeler have ample meet every demand expect continue did in past bank has capital stock $15,000, of plus and deposits $40,633. and solid these figures Beeler said further. This the first of four "suspend banks City Bank Fountain City, Citizens Bank Trust Rutledge, and Bank Sevierville are the others, and officers of all three have voiced tentions of reopening within 15 days.

3. September 2, 1933 The Knoxville Journal Knoxville, TN
Article from The Knoxville Journal, September 2, 1933

Click image to open full size in new tab

Article Text

Bank of Sevierville Reopen Bank been since which time asked meet elect officials the bank