Merchants Bank - Augusta, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 26, 1921
Location: Augusta, Georgia (33.471, -81.975)

Metadata

Model: gpt-5-mini
Short Digest: e2411baa

Response Measures

None

Description

Article (Norwich Bulletin, 1921-10-29) reports E. E. Rosberough, vice president of the Merchants Bank of Augusta, GA, committed suicide and The bank was closed Wednesday. No mention of a depositor run, reopening, receivership, or takeover. I infer a suspension triggered by adverse bank-specific information (executive's suicide). Permanence of closure is not stated; selected suspension_closure because the article indicates the bank closed and gives no reopening information.

Events (1)

1. October 26, 1921 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Vice president E. E. Rosberough committed suicide; bank closed the following Wednesday (adverse bank-specific event).
Newspaper Excerpt: E. E. Rosberough, vice president of the Merchants Bank, of Augusta, Ga., committed suicide at his home in that city The bank was closed Wednesday.
Source: newspapers

Newspaper Articles (1)

1. October 29, 1921 Norwich Bulletin Norwich, CT

Article from Norwich Bulletin, October 29, 1921

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Article Text

of New York state factory workers during September was $25.07 a week, a decrease of 35 cents from August. H. B. Dynes and W. H. Rodgers. representing the department of labor, have been sent to the Kansas coal fields to act as mediators. Steamship Lenape of the Clyde Line, which sank at Pier 36, North River, Oct. 11, last, was raised and is now floating unassisted. Sixteen people were cut by flying glass and hundreds alarmed when a fuse blew on an to T. subway train between out Clark R. street and Borough hall, Brooklyn. One alleged bandit was killed and another captured in a pistol fight with sheriff's deputies when a band of robbers broke into a place at Council Bluffs, Ia. Gloucester fishermen who attended the fishing schconer races at Halifax. N. S., are planning a 140-foot challenger for the next international race. E. E. Rosberough, vice president of the Merchants Bank, of Augusta, Ga., committed suicide at his home in that city The bank was closed Wednesday. Plans were announced by the Chicago board of trade for a new building costing $6,000,000 to be erected in Chicagi 'to take the place of the present structure. General Julian S. Carr of Durham, N. was elected commander in chief of the United Confederate Veterans at the annual reunion at Chattanooga, Tenn. A state of siege has been declared in Sofia and in governmental departments along the frontier between Jugoslavia and Macedonia, y Dr. Jose G. Millas has been appointed director of the Cuban National Observatory of which has has been asistant director. Jeremiah T. Carey of Albany, president of the International Brotherhood of Paper Makers for 16 years, has been re-elected for a two year term. Edwin A. Davenport of Springfield, a clerk, who said he owned $85,662 and had no assets. petitioned the federal court to adjudge him bankrupt. New York county committee of American Legion recommended the suspension of Willard Straight Post's charter for disapproving the veterans' civil service amendment. Food drafts sent immediately from America will enable Russians to get food from their packages friends for Christmas, or even for Thanksgiving in the districts near Moscow. Rustic lodge, which was well known as an inn at Madison. was burned early yesterday. A number of guests and others were obliged to leaev in night attire. Heavy fighting is reported in progress between the Moplah tribes and British troops. Two hundred and forty-six rebels are reported to have beenn killed in an engagement in the Malabar district. The army airship "Roma" recently purchased from Italy, is now practically 80 per cent. assembled at Langley Field, Va. and is expected to be ready for its first American flight soon after November 1. A training squadron of the Japanese navy consisting of the first class cruisers Idzumo and Yakumo. which left Japan yn last August on a world cruise arrived at IrNew York, to remain until November 8. 1a, Daily average crude oil production in 0this country during the week ended Oct dto 1,193,050 or pared 22 amounted with barrels, com1,166,150 barrels for the prev e. ious week, according to an estimate by the American Petroleum Institute. uer American tanker F. D. Asche, of th 15 Standard Oil Co... is reported breaking up 20 on the reef in Mantanilla Bay, the Ba an hamas. The tanker was driven ashore by ch the hurricane last Tuesday. he he Strike of 11,000 milk drivers and thei assistants in New York is threatened or of the union on Representatives ed to reach drivers fail a wage agreement with dis an tributors at conference at the Hote ns Cintinental. er ay Three hundred and fifty coke ovens, addition to 600. were put in blast Frick Coke Ob, Greensburg, Pa. was announced plans are being made NT put in blast 300 ovens in Brownsville, Pa shortly. F ral A charge of receiving $200 as rewar on and inducement to corrupt and influeno en jurors, was made against Daniel Thom ing son. an officer of the Massachusetts su an perior civil court, in a federal warrar served on him. ead the The entire crew of the fishing smac rd, Marmaret, sunk Tuesday in Chesapeak Bay is safe. The two missing member who left the sinking craft in a sma on dory, were picked up by another fishin accraft. ion One hundred federal prohibition agent from New York city made a series spectacular raids in Yonkers. roundin EN up more than twenty alleged violator of the Volstead act in the first hour ty. their activity. bys' ore The public utilities commission ha om given authority to Edward P. French ectNew Britain to operate a jitney line New Britain from the green in the cent Haof the city through Main street to Arc chstreet to Hart street to Corbin avenu ent, a distance of about a mile. cresistTwo members of a Holyoke orchestr onWilliam O'Connell and Edward Cortnea both of Holyoke, were instantly kille when an automobile containing five with put ines returning the musicians collided a tree whi to Holyoke from Greenfiel Mass.