Peoples National Bank

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 9038
Charter Number: 9038
Start Date: February 13, 1908
Location: Beckley, West Virginia (37.778, -81.188)

Metadata

Model: gpt-5-mini
Short Digest: 5f1de946

Response Measures

None

Description

Article (Bluefield Evening Leader, 1908-02-13) reports the previously suspended 'Peoples' Bank' was reorganized and approved as the Peoples' National Bank of Beckley with $50,000 capital. No run is mentioned; this is a suspension followed by reorganization/reopening as a national bank. The original suspension date/cause is not given in the article.

Events (4)

1. February 13, 1908 Reopening

Newspaper Excerpt: application ... to organize the Peoples' National Bank of Beckley with $50,000 capital stock has been approved by the controller of the currency.
Source: newspapers

2. February 19, 1908 Chartered

Source: historical_nic

3. January 21, 1910 Voluntary Liquidation

Source: historical_nic

4. * Suspension

Cause Details: Article notes the bank was 'suspended' but gives no reason or trigger for the suspension.
Newspaper Excerpt: The suspended Peoples' Bank has been reorganized as a national bank
Source: newspapers

Newspaper Articles (1)

1. February 13, 1908 Bluefield Evening Leader Bluefield, WV

Article from Bluefield Evening Leader, February 13, 1908

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Article Text

BECKLEY BANK REORGANIZED Beckley, W. Va., Feb. 13.-The suspended Peoples' Bank has been reorganized as a national bank and the application of B. E. Vaughan, Hugh B. Sproul, G. G. Child, E. Miller and Wm. C. Firebaugh to organize the Peoples' National Bank of Beckley with $50,000 capital stock has been approved by the controller of the currency.