Citizens Bank - Augusta, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 1, 1916*
Location: Augusta, Georgia (33.471, -81.975)

Metadata

Model: gpt-5-mini
Short Digest: 49300e2a

Response Measures

None

Description

Article (pub. 1916-02-28) states the Citizens Bank of Augusta had been placed in the hands of a receiver. No mention of a prior run or suspension in the excerpt; the bank is therefore classified as having closed and entered receivership.

Events (1)

1. February 1, 1916* Receivership

Newspaper Excerpt: Meanwhile the Citizens bank had been placed in the hands of a receiver and the check was not paid.
Source: newspapers

Newspaper Articles (1)

1. February 28, 1916 The Leader Enterprise and Press Fitzgerald, GA

Article from The Leader Enterprise and Press, February 28, 1916

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Article Text

Augusta for $485 on the Citizens Bank og Augusta. Spooner had an agreement with the cashier of the Bank of Donalsonville to mail checks to the bank for deposit and draw on his account. The Shapiro check for $485 was mailed and Spooner drew accordingly. The check was credited to his account and then charged back on his account, the Bank of Donalsonville notifying him that it had been lost in the mail when sent to the Citizens Bank of Augusta for collection. Spooner sued the Bank of Donalsonville, Judge W. E. Thomas, of Decatur superior court, directed a verdict for the bank, and Spooner appealed. The supreme court sustained Judge Thomas. Meanwhile the Citizens bank had been placed in the hands of a receiver and the check was not paid.