2434. Farmers & Merchants Bank (Georgetown, GA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 9, 1915
Location
Georgetown, Georgia

Metadata

Model
gpt-5-mini
Short Digest
75608cfc9c94e6bb

Response Measures

None

Description

Articles report the bank was placed in the hands of a receiver (judge appointed temporary receiver Nov 1915) and later criminal indictments of the cashier; there is no mention of a depositor run or reopening. This indicates a suspension followed by permanent closure/receivership.

Events (3)
1. November 9, 1915 Receivership
Newspaper Excerpt
the judge appointed Col. Jas. W. Harris of Cuthbert temporary receiver and Col. Geo. H. Perry of Cuthbert attorney for the receiver.-Cuthbert Leader.
Source
newspapers
2. November 9, 1915 Suspension
Cause
Government Action
Cause Details
Judge W. C. Worrill held a hearing and appointed Col. Jas. W. Harris temporary receiver, placing the bank in receivership.
Newspaper Excerpt
RECEIVER IS APPOINTED FOR THE GEORGETOWN BANK At a hearing for receivership for the Farmers and Merchants Bank of Georgetown held before Judge W. C. Worrill in Cuthbert Tuesday the judge appointed Col. Jas. W. Harris of Cuthbert temporary receiver
Source
newspapers
3. October 4, 1916 Other
Newspaper Excerpt
Three True Bills Against Guerry Brannon. Bond Fixed at $9,500. After remaining in session ... the Quitman county grand jury returned three indictments against L. G. Brannon for alleged misconduct in connection with the affairs of the Farmers and Merchants bank of Georgetown, of which he was cashier. The bank was placed in the hands of Attorney Jas. W. Harris as receiver last year.
Source
newspapers

Newspaper Articles (3)
1. November 9, 1915 The Dawson News Dawson, GA
Article from The Dawson News, November 9, 1915

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Article Text

RECEIVER IS APPOINTED FOR THE GEORGETOWN BANK At a hearing for receivership for the Farmers and Merchants Bank of Georgetown held before Judge W. C. Worrill in Cuthbert Tuesday the judge appointed Col. Jas. W. Harris of Cuthbert temporary receiver and Col. Geo. H. Perry of Cuthbert attorney for the receiver.-Cuthbert Leader.

2. October 4, 1916 The Dawson News Dawson, GA
Article from The Dawson News, October 4, 1916

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Article Text

# FORMER GEORGETOWN # BANK CASHIER IS INDICTED Three True Bills Against Guerry Brannon. Bond Fixed at $9,500. After remaining in session for a portion of the time during more than two weeks the Quitman county grand jury returned three indictments against L. G. Brannon for alleged misconduct in connection with the affairs of the Farmers and Merchants bank of Georgetown, of which he was cashier. The bank was placed in the hands of Attorney Jas. W. Harris as receiver last year. Judge Worrill fixed the total of his bonds at $9,500, which he made. In connection with his management of the bank Mr. Brannon has been indicted by federal court grand juries in Savannah and Atlanta. Cuthbert Leader.

3. October 8, 1916 The Cordele Dispatch Cordele, GA
Article from The Cordele Dispatch, October 8, 1916

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Article Text

FORMER GEORGETOWN BANK CASHIER IS INDICTED Three True Bills Against Guerry Brannon. Bond Fixed at $9,500. Dawson, Oct. 6.-After remaining in session for a portion of the time during more than two weeks the Quitman county grand jury retruned three indictments against L G. Brannon for alleged misconduct in connection with the affairs of the Farmers and Merchants bank of Georgetown, of which he was cashier. The bank was placed in the hands of Attorney Jas. W. Harris as receiver last year. Judge Worrill fixed the total of his bonds at $9,500, which he made. In connection with his management of the bank Mr. Brannon has been indicted by federal court grand juries in Savannah and Atlanta.-Cuthbert Leader.