Southern Mutual Building and Loan Association

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 28, 1900
Location: Atlanta, Georgia (33.749, -84.388)

Metadata

Model: gpt-5-mini
Short Digest: f1ee1608

Response Measures

None

Description

Article (1900-06-28) states T. J. Ripley is receiver of the State Savings Bank and must pay a dividend, indicating the bank was in receivership (closed). No mention of a depositor run; therefore classified as suspension_closure (suspension leading to permanent closure/receivership).

Events (1)

1. June 28, 1900 Receivership

Newspaper Excerpt: By order of the court, T. J. Ripley, receiver of the State Savings Bank, must pay ... the dividend on a deposit of $422.67 ... the deposit is held ... to have been the money ... of the as-
Source: newspapers

Newspaper Articles (1)

1. June 28, 1900 The Savannah Morning News Savannah, GA

Article from The Savannah Morning News, June 28, 1900

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Article Text

Must Par Receivers. Atlanen, Ge., June N.-By order of the court. T. J. Ripley, receiver of the State Savings Bank. must pay to James A. Anderson and M. A. O'Byrne, receivers of the Eòuthern Mutual Building and Loan Association. the dividend on a deposit of $422 67, which had been made in the name of w. c. Hele. "Special." The deposit is held sociation. to have been the monty. of the as-