Atlanta Trust Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: February 1, 1913
Location: Atlanta, Georgia (33.749, -84.388)

Metadata

Model: gpt-5-mini
Short Digest: 71d53c9c

Response Measures

None

Description

Articles (Feb 1, 1913) describe a receiver named in the J. L. Dickey suit and petitions regarding sale of club property to satisfy creditors. No run is mentioned; the bank is in receivership and creditors seek liquidation—consistent with suspension leading to closure/receivership.

Events (1)

1. February 1, 1913 Receivership

Newspaper Excerpt: Small creditors, interventors on the J. L. Dickey suit through which the receiver was named, see in the action of the latest development a move to sacrifice the property of the club for something like $80,000, the amount of the trust companies' claims.
Source: newspapers

Newspaper Articles (2)

1. February 1, 1913 Atlanta Georgian Atlanta, GA

Article from Atlanta Georgian, February 1, 1913

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Article Text

Present Arrangements Displease Big Creditors. The petition, filed by Evins & Spence for the Atlanta Trust Company, sets forth that the annual interest on the mortgage bonds is $400. The petitioners assert that the present arrangement is not at all satisfactory to the large creditors. Small creditors, interventors on the J. L. Dickey suit through which the receiver was named, see in the action of the latest development a move to sacrifice the property of the club for something like $80,000, the amount of the trust companies' claims. Through their attorney. W. W. Visanska. they will oppose the petition Monday on the grounds that the time is not ripe for the sale of the club property. At public auction now, they maintain, the land would not bring the $100,000 necessary to satisfy all claimants.

2. February 1, 1913 Atlanta Georgian Atlanta, GA

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Article Text

Present Arrangements Displease Big Creditors. The petition, filed by Evins & Spence for the Atlanta Trust Company, sets forth that the annual interest on the mortgage bonds is $400. The petitioners assert that the present arrangement is not at all satisfactory to the large creditors. Small creditors, interventors on the J. L. Dickey suit through which the receiver was named, see in the action of the latest development a move to sacrifice the property of the club for something like $80,000, the amount of the trust companies' claims. Through their attorney, W. W. Visanska, they will oppose the petition Monday on the grounds that the time is not ripe for the sale of the club property. At public auction now, they maintain, the land would not bring the $100.000 necessary to satisfy all claimants.