Neal Loan & Banking Company

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 17, 1911
Location: Atlanta, Georgia (33.749, -84.388)

Metadata

Model: gpt-5-mini
Short Digest: f70365ab

Response Measures

None

Description

Newspaper refers to the former Neal Bank and to Central Bank and Trust Corporation as receivers paying dividends. No article text describes a run; the bank has failed and is in receivership and paying liquidating dividends, so this is classified as suspension followed by permanent closure/receivership.

Events (1)

1. May 17, 1911 Receivership

Newspaper Excerpt: Next Saturday the depositors of the former Neal Bank will get another 10 per cent. ... This 10 per cent. will bring the total that has been paid by the Central Bank and Trust Corporation, receivers of the Neal Bank, up to 65 per cent. The amount of it will be $160,000, approximately.
Source: newspapers

Newspaper Articles (1)

1. May 18, 1911 Americus Times-Recorder Americus, GA

Article from Americus Times-Recorder, May 18, 1911

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Article Text

ANOTHER CASH DIVIDEND IS WAITING THE DEPOSITORS Broken Neal Bank Pays a Dividend on Saturday. Atlanta, May 17.-Next Saturday the depositors of the former Neal Bank will get another 10 per cent. of the money that they had in the bank when it failed. This 10 per cent. will bring the total that has been paid by the Central Bank and Trust Corporation, receivers of the Neal Bank, up to 65 per cent. The amount of it will be $160,000, approxima'ely.