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NAME BANK RECEIVERS Take Charge of Trust Company In Georgia Heading Chain; 19 More Banks Close. [BY THE ASSOCIATED PRESS.] TLANTA, July 15.-Fifteen addiA tional state banks In Georgia and four state banks in Florida tonight were listed as having closed their doors following bankruptcy proinstituted the ers Trust Company This brought the total number of banks closed In Georgia this week to 64. Receivers for the Bankers Trust Company named today. The finan cial circles attributed to the proceedings the trust company, which the financcompany for string of 120 chain banks. The four Florida banks were reported to have been of the system. Many banks, the department said, would as as other financing arrangements be made The Georgia banks listed as closed Taylor County Bank, Butler: Bank Lyerly, Bank Bank, Bank of Smyrna, Fairmount Bank, Macon Bank of OgleBank of Atlanta, Bank of Rochelle, Habersham Bank Clarkesville, Cornelia Bank Cornelia, Bank Lula, Bank Cassville, Bank of Williamson and the Cornelia Bank of Demarest. The four Florida banks closed were the Bank Eustis, Bank Bank and the Bank of Umatilla, each of which through posted on their doors announced that they temporarily for the proand K. Ottley of the Fourth Naof The Bank of Umatilla Tuesday inagainst Trust Company of Atlanta for more than $400,000. applying for receivfor Former Hugh M. Dorsey tional Bank of designated for the Bankers Trust Company The trust served as financial for 120 banks, Baker, its told court, but did not receive deposits subject to check.
