First National Bank - Fort Valley, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 7459
Charter Number: 7459
Start Date: November 28, 1928
Location: Fort Valley, Georgia (32.554, -83.887)

Metadata

Model: gpt-5-mini
Short Digest: 195e0f8bde09ecb2

Response Measures

None

Description

Article lists multiple Georgia banks closed (Macon report, 1928-11-28) and appears to include a National bank in Fort Valley among closures. Text is OCR-corrupted; exact phrasing unclear. No explicit run described; article headline indicates closures and concealment, implying adverse bank-specific information and permanent closing/receivership.

Events (3)

1. October 29, 1904 Chartered

Source: historical_nic

2. December 15, 1915 Voluntary Liquidation

Source: historical_nic

3. November 28, 1928 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article headline and text state multiple Georgia banks closed and concealed (suggesting concealment of assets or other adverse disclosures about the bank leading to closure). No run or temporary suspension language provided; described as closed/failed in list of institutions that closed that day or shortly before the paper's date. OCR errors in original text corrected where reasonable (e.g., 'National bank of ... Fort Valley').
Newspaper Excerpt: Eight Banks Of Georgia Close; Concealed ... the failure Monday National bank of ... Fort Valley
Source: newspapers

Newspaper Articles (1)

1. November 28, 1928 The Oregon Daily Journal Portland, OR

Article from The Oregon Daily Journal, November 28, 1928

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Article Text

Eight Banks Of Georgia Close; Concealed Macon. Ga., Nov. Hearts of Celery Georgia banks were closed today the Fourth result of the failure Monday National bank of with listed resources of more than bank With the exception of the Citizens Fort Valley, $100,000, the other institutions, capitalized the Bank Bank of Byronville, Irwinton bank, Preston, Citizens Bank pany Farmers' of Culloden, Bank of Bradley, comand Merchants' bank of and Farmers' bank of Byron