Atlanta Trust Company

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: trust company
Start Date: December 24, 1930
Location: Atlanta, Georgia (33.749, -84.388)

Metadata

Model: gpt-5-mini
Short Digest: 0bb7bf2c

Response Measures

Full suspension

Other: OCR in article is poor; snippet indicates 'runs on both institutions' and that the banks 'were suspended today'. Likely suspension ordered amid withdrawal runs.

Description

The article (Dec 24, 1930) states that institutions were suspended today by ... Bank Commissioner Lester E. Shippee and refers to runs on both institutions. That indicates runs occurred and the commissioner suspended the banks that day. The article does not state whether the Atlanta Trust Company permanently closed or later reopened, so I classify as run_suspension_unsure. OCR errors in the excerpt were corrected (fragmented sentence about suspension and runs).

Events (2)

1. December 24, 1930 Run

Cause Details: Article mentions runs on both institutions but gives no clear trigger or specific cause (rumors, correspondent failure, or macro shock not specified).
Newspaper Excerpt: runs on both institutions which progress since last July.
Source: newspapers

2. December 24, 1930 Suspension

Cause: Government Action
Cause Details: Suspension ordered by Bank Commissioner Lester E. Shippee (regulatory action).
Newspaper Excerpt: were suspended today by Company. Bank Commissioner Lester E. Shippee
Source: newspapers

Newspaper Articles (1)

1. December 24, 1930 The Atlanta Constitution Atlanta, GA

Article from The Atlanta Constitution, December 24, 1930

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Article Text

Cross Sections of Life In Gate City of South General Edward J. Higgins. interthe Salvation Army, has just returned to Amerfrom series Atlanta next territorial headquarters of the here. Tentative been set at May 10, 11 and 12. City Club of Atlanta will suspend fall Christmas New Day. by Walter The meeting will be held on January Troop No. McDonough Boy court of honor the tee. badges were Robert Adams, James Turner and Hugh Turner. James James Robert Adams, Joel Bankston and Robert Jackson interrogated on several merit badges. Rev. L. Wilkie Collins and family an ception the members the First Methodist church, Rome, with vote the board ards the of the tor annually. tions are attending Dr. Collins' mons week. recently transferred from Wesley Memorial church to Rome. Fred has been installed his father, R. of Lodge 107. his brother, Lloyd as junior steward. Other officers were Frank Fraser, Joe Tomlinson. secretary Chafin, Judge Clarence bell, S. Tomason, Glenn W. Chambers has been electAlpha Gamma chapter the Delta Sigma fraternity. Other for were Don Woods, vice LeMay. secand Smith, treasurer. The foregoing new officers elected same the committee the alumni holding corporation. First National Bank Club members will families this year. each given basket well blankets, for the children, and other Yuleand presents. the Miss Mable Robson and Miss Martha Burns. Mayor N. Ragsdale Tuesday the of the Atlanta Club, employes. Borough employes Tuesday were asked to aid Tom Ball, from lock jaw. Ball must delicate operation at Johns Santa Claus stalked Tuesday city hall ganization of women employes, and the departthe school system held Christmas trees. Luke Arnold. who will leave his place from the sixth ward to become Mayor James Key, the recipient Tuesday from Mayor In his Arnold's the said Arnold would agree Miss Evelyn the any previous administration. W. W. Gaines. veteran member of the board of bly will renamed president for 1931 the meeting January was predicted will be placed in other that positions. A tentative budg- were suspended today by Company. Bank Commissioner Lester E. Shippee, runs on both institutions which progress since last July. for operation of the system for 1931 will be submitted at that session. 0. Ray. of Route Roswell road. received painful euts about head Tuesday afternoon when was struck driver dismissafter treatment at Grady hospital. Atlanta Lodge No. 78. needy families in and about Atlanta this Elks' Fourth streets. Candies, toys fruits also be provided for the youngsters. Comanche Tribe No. 6. Improved Order Red had its annual Christmas tree widows and phans Tuesday night at the wigwam on Central avenue. Visiting hours Grady hospital will be Christmas Day from o'clock in the morning 'till the The usual limit the afternoon. The regular night visiting hour, from be permitted Christmas night. Grady hospital staff played Santa Claus Tuesday the Mrs. Annie 31. 741 Woodward avenue, who gave birth her 10th child. an Tuesday morning. family's destitute cumstances to Steve and blankets. clothing. food, coal and life were quickly dispatched to their Dr. H. Butner. chief resident surgeon at Grady pital. thieves had overcoat stolen by room at the Tuesday. The important keys papers, Dr. Butner said. Extra street cars for Christmas will be provided the Georgia Company late night and early Thursday morning. County employes at noon today their Christmas which are to until Friday mornAll of the courthouse offices will be afternoon of the county will on schedule the holidays, it announced Tuesday. The Juvenile Detention Home Central Tuesday, being the first two secutive in several that "inmate" confined Judge Garland Watkins, the juvenile offices but for home in the evening happy that there was business transacted Christmas neared. The highway department Tuesday share. the highway appropriation is available immediately. Grand jury investigation into lice, robbery against young men arrested last by Detective Sturdivant delayed Tuesday police they were not ready ask the men. from the city of Lieutenant Sturdivant the week-end was given as the cause for the delay. All the 10 are being held in the Fulton tower. Robert K. Smith, young South Carolina bridegroom who victed last week titious denied trial by Judge H. Howard Fulton Young Smith. arrested under chain His attorneys said they planned an appeal. W. H. White, former head of the White Provision Company, stricken last week from his on Fifteenth DavisFischer said doing night, though to hospital authorities. Kalser was elected president the Atlanta Rabbit Club annual at the hotel. Other officers R. White, first vice president: Keegan, second president: Jansen. Finley, treasand G. Martin, Murray, McEachern W. Milner, direc- W. E. Padrick, escaped life termer from Georgia. being by Tueson, Ari., advices sion Tuesday. by the state commisPadrick years of killing his wife and prisoners released stockade by Recorders M. M. Holloway and W. Callaway meeting in Tuesday. Clemency extended to the worthprisoners recognition of the customary this the year, the recorders stated. that recorder's court be held on Christmas eve Tuesday. All offices the city hall will close today and open until under of Mayor Ragsdale. Cadet Robert M. Blanchard. Jr., of the Military at the of his Mr. Mrs. R. M. 1340 spend the Christmas holidays.