Article Text
Receiver Appointed. Macon. Ga., Sept. 30.-A Barnesvine, Ga., special to The Telegraph says: A temporary receiver has been appointed for the People's Bank, successor to the
2336. Peoples Bank (Barnesville, GA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- September 30, 1902
- Location
- Barnesville, Georgia (33.055, -84.156)
Metadata
- Model
- gpt-5-mini
- Short Digest
d0e5944e33238978
Response Measures
None
Description
No run is described in the articles. A temporary receiver was appointed Sept. 30, 1902 (court action at instance of a fidelity & guarantee company); the receiver was dismissed after bond was posted and the bank reopened Oct. 2, 1902. Later, on Jan. 6, 1903 the People's Bank made an assignment and affairs were placed in the hands of receivers (permanent receivership/closure). Thus this is a suspension followed by permanent closure/receivership. OCR errors corrected (e.g., Barnesvine -> Barnesville; article dates used to infer event dates).
Events (4)
1.
September 30, 1902
Suspension
- Cause
- Government Action
- Cause Details
- Temporary receiver appointed by court at instance of the United States Fidelity & Guarantee Company over a $3,800 deposit bond claim.
- Newspaper Excerpt
- A temporary receiver has been appointed for the People's Bank, successor to the Barnesville Savings bank, which failed a few months ago.
- Source
- newspapers
2.
October 1, 1902
Other
- Newspaper Excerpt
- Vice President Thurman ... by giving bond for the amount demanded ... succeeded in having the temporary receiver dismissed. 'The bank will open and resume business to-morrow.' (reopening notice dated Oct. 1–2, 1902)
- Source
- newspapers
3.
October 2, 1902
Reopening
- Newspaper Excerpt
- The bank will open and resume business today. (reported Oct. 2, 1902 after receiver dismissed and bond given)
- Source
- newspapers
4.
January 6, 1903
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank failed to meet terms of a reorganization (failed to take up certificates to $18,000 by Jan. 1) and made an assignment; affairs placed in hands of receivers.
- Newspaper Excerpt
- The People's bank, of this city ... made an assignment today to E. Rumble and A. A. Murphey. ... The Affairs Are Now in the Hands of Receivers.
- Source
- newspapers
Newspaper Articles (11)
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Article Text
GENERAL. York stock market makes a senonal recovery-September wheat sells on Chicago Board of Trade at 95 cents, which is the highest price for that cereal since the Leiter deal in '98--Musketeer wins the Bay Shore stakes at Gravesend -First funeral of Zola will be held Friday, and interest is shown in the question whether Dreyfus will attend-Lieutenant Commander Bronaugh, U. S. N., commits suicide--Because of financial difficulties due to coal strike, a coal merchant of Philadelphia tries to kill himself-Miss Alice Hay, second daughter of Secretary Hay, is wedded to James W. Wadsworth, of Geneseo, N. Y.-Serious flood conditions in Soutnern and Southwestern Iowa are reported-Democratic State Committee selected L. L. Durand as party's candidate for GovernorMarylebone Borough. London,, declines Carnegie offer of $150,000 for the establishment of free libraries because of conditions attached-President holds conference with members of Cabinet and others on subject of ending coal strikeNew Orleans strike conditions satisfactory -Temporary receiver appointed for People's Bank, Barnesville, Ga.-Rain stops motor-cycle race between Bobby Walthour and Gus Lawson-Eaton wins bicycle race with Turville-Stage coach is held up and robbed near Florida, N. Y.Receivers appointed for National Salt Company. Coler heads slate to be nominated by Democrts at Saratoga---Brotherhood of Carpenters and Joiners adjourns, to meet next time in Milwaukee-Another Steel dividend of $10,000,000 is declared-Headless and armless body of young woman is found floating in East river at New York-New York bakers consider raising price of bread in view of high price of coal-Imperial Tobacco Company issues circular giving a revised list of prices.
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Article Text
Temporary Receiver Appointed. Macon, Ga., September 30.-A Barnesville, Ga., special to the Telegraph says: A temporary receiver has been appointed for the People's bank, successor to the Barnesville Savings bank, which failed a few months ago. The action of the court is due to a proceeding undertaken by the United States Fidelity and Guarantee company, on account of a deposit of $3800 made by the tax collector of the county for whom the company stood bond."
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Telegraphic Bravitics, ATLANTA GA-One hunds from the different stables throw North, East and West, which entered in the racing events of ern Interatate Fair, to open here October sen, arrived hara endav. CHATTANOOGA TENN,AppEcation has been made for a charter to build are electric railroad from Cleveland, renn.. win Brenton, to Ducktown, Tenn. the estimated cost to be $400,000. DES MOINES. IOWA-Serious flood conditions are reported. over Sowthern and Southwestern Iowa to-day, as the result of excessive rains last night. Rivers are swollen out of bounds, and heavy prop. city loss is reported. One man is reported drawned near Agency. DETROIT, MICH-The telegraphic invitations sent out last night by Major William C. Maybury to Governors of a number of States and mayors of the principal cities in the East Middle West and Northwest, asking them to send delegations to participate In a national conference on the code strike, have met with a great number of acceptances, and the proposed conference bids fair to be a tremendous gathering. MACON, GA-A Barnesville, Ga., special to the Telegraph says that a temporary receiver has been appointed for the Peoples' Bank, successor to the Barnesville Savings Bank, which falled a few months ago. NEW YORK-President Charles H. Fish, of Dover, N. H. to-night opened the semi-annual convention of the New England Cotton Manufacturers' Association, and three hundred delegates answered the roll-call. NEW YORK-Directors of the Southern Railway met to-day. but again deferred action on the preferred stock dividend, pending official notice of the plan to extend the voting trust. DES MOINES. IA.-The Rock Island fast mail. westbound, was wrecked today at Newton, forty miles east of here. It is said traffic will be completely tied up for twenty-four hours as a result. No loss of life is reported. Three care left the track.
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Receiver for Georgia Bank. MACON, GA., September 30.-A Barnesville (Ga.) special to the Telegraph says that a temporary receiver has been appointed for the People's Bank, successor to the Barnesville Savings Bank, which failed a few months ago.
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Temporary Receiver Appointed. Macon, Sept. 30.-A Barnesville special to the Telegraph says that a temporary receiver has been appointed for the People's Bank, successor to the Barnesville Savings Bank, which failed a few months ago. The action of the court is due to a proceeding undertaken by the United States Fidelity and Guarantee Company on account of a deposit of $3,800, made by the tax collector of the county for whom the company stood bond.
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RECEIVER DISMISSED. Vice President Thurman of Barnesville Bank Gives Demanded Security. Atlanta, Oct. 1.-A special to the Constitution from Barnesville, Ga., says: "Vice President Thurman and general counsel of the People's Bank of Barnesville appeared before Judge Reagan to-day at McDonough and by giving bond for the amount demanded by a fidelity and guarantee company, succeeded in having the temporary receiver dismissed. "The bank will open and resume business to-morrow."
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RECEIVER IS NAMED FOR PEOPLE'S BANK BARNESVILLE, Ga., Sept. 30.-Judge Reagan has appointed Colonel J. F. Redding temporary receiver of the People's Bank, successor to Barnesville Savings bank, and set the hearing for October 8th on permanent receivership. This action is at the instance of the attorney for the bond company, which is security for Tax Collector Hunt, a statement of which appeared in The Journal Monday. Dr. J. P. Thurman, vice president of the bank, has wired Judge Reagan for an immediate hearing and says there will be no trouble to have the receivership dissolved. He says the state is not involved and the bond company cannot make a case of it.
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People's Bank to Reopen, Barnesville, Ga., Oct. 2.-Dr. Thurman, vice president, and Colonel Lambdin, attorney for the People's bank of Barnesville, have appeared be. fore Judge Reagan at McDonough and by giving bond for the amount demanded by the Fidelity and Guranatee company, succeeded in having the The temporary receiver dismissed. case will have a hearing at Pike su perior court next week. The bank will open and resume business today.
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PEOPLE'S BANK ASSIGNS. The Affairs Are Now in the Hands of Receivers. Barnesville, Ga., Jan. 6.-The Peo ple's bank, of this city, successor to the Barnesville Savings bank, which failed in December, 1901, made an assignment today to E. Rumble and A. A. Murphey. Under the reorganization plan the new bank was to take up certificates to the amount of $18,000 Jan.. 1. This it failed to do. Mr. Rumble is one of the largest depositors of the old bank. wilmingnam merchant Held Up. Birmingham, Ala., Jan. 6.-David Church, a well known grocery merchant, was held up at his place of business on Avenue F and Fifteenth street, at 2 o'clock this morning by two white men and a negro, all heavily armed, and was forced to open his safe and turn over $69 to them. The robbers then discussed shooting him to death, but one objected, so they bound and gagged him and tied him to his bed on the second floor, and set fire to the house, intending to cremate him alive. Church was unable to release himself until the flames burn. ed away the cord which held him. Then he ran through the fire to a window and sprang out and gave the alarm. The store was burned, with a loss of $5,000. There is now clew to the perpetrators.
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CONDENSED WORLD NEWS. The peoples bank of Barnesville, Ga., has suspended. Col. Evan P. Howell was sworn in as mayor of Atlanta on Monday. Senator Cullom hopes to report the I Cuban reciprocity treaty in about a week. i , The blockade of Venezuelan ports by Germany and Great Britain will t remain in force. Former Premier Sagasta, of Spain died at 11 o'clock Monday night of heart failure, at his home in Madrid : Th new Pacific cable is now completed to Hawaii and messages with Honolula are now daily received and sent. The triangular fight for the U.S senatorship in Delaware is now on and the public will again be filled with as-Addicks Seventeen deaths have occurred from lockjaw at Norfolk, Va. since the holidays as a result of wounds inflicted by toy pistols. Thomas J. Conrad, baggage agent at the Union depot, Macon, Ga. was murdered Monday by a young negro employe. The negro has ecaped. President Roosevelt has snubbed the lily white republicans of South Carolina by appointing W. D. Crum, a well-known negro, collector of the port of Charleston. The appointment has aroused the bitterest feeling. The Episcopal church council of Mississippi which is to meet in Jackson on the 20th inst., will probably elect Rev. Dr. Arthur Lloyd, of Richmond, Va., bishop, in place of the late Bishop Hugh Miller Thompson. Dr. David Jayne Hill, first assistant secretary of state, will resign to accept the post of U. S. Minister to Switzerland. Dr. Hill has held the office of assistant secretary of state longer than any of his 24 predecessors, excepting Mr. Seward. The census bureau report on the cotton ginned from the 1902 crop, up to and including Dec. 13th, last, is 9,321,834 bales, irrespective of shape or weight, equal to 8,905,503, according to the commercial counting. This is 90.2 per cent of the crop. Mrs. Francis-Spyhalski of Toledo, Ohio, on Monday gave birth to quadruples, two girls and two boys. The latter being named Samuel Jones and Theodore Roosevelt. Mrs. Spybalski six years ago gave birth to twins and about a year later to triplets. All of these have died. Judge Gaynor of the New York supreme court has granted an order restraining the executive committee of Tammany Hall from meeting or taking any action pending a hearing by the court for the re-seating of Wm. S. Devery, as a member of the committee from the Ninth district. A mob at Indianola, Miss., has forced a negress. postmistress at that place, to resign, but the department at Washington will not accept the woman's resignation, and has closed the Indianola postoffice until such time as the citizens will accept their negro postmistress The mayor of the town says that conditions are such that he would not advise the i woman to open the office, but he says he will protect the woman's life and property.