Bank of Mecklenburg - Boydton, VA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 10, 1910
Location: Boydton, Virginia (36.668, -78.387)

Metadata

Model: gpt-5-mini
Short Digest: d2cbfca7

Response Measures

None

Description

Article (Jan 10, 1910) states the bank is in receivership and receivers are making distributions. No mention of a run; therefore classified as a suspension leading to closure/receivership.

Events (1)

1. January 10, 1910 Receivership

Newspaper Excerpt: The receivers of the Bank of Mecklenburg are preparing to make another distribution of the assets of the bank. This time 10 per centum will be paid.
Source: newspapers

Newspaper Articles (1)

1. January 11, 1910 The Times Dispatch Richmond, VA

Article from The Times Dispatch, January 11, 1910

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Article Text

DIVIDEND TO DEPOSITORS. Bank of Mecklenburg Makes 10 Per Cent. Payment. Boydton. Va., January 10.-The receivers of the Bank of Mecklenburg are preparing to make another distribution of the assets of the bank. This time 10 per centum will be paid. One of the attorneys for the bank, when asked as to the probable amount the creditors would receive from the entire assets of the bank. replied, "About 40 per centum."