2788. Citizens Bank (Blakely, GA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 14, 1931
Location
Blakely, Georgia (31.378, -84.934)

Metadata

Model
gpt-5-mini
Short Digest
0009717c

Response Measures

None

Description

The articles (Nov 15-16, 1931) report the Citizens Bank of Blakely suspended business after discovery of about $20,000 shortage tied to the bookkeeper's alleged embezzlement. The piece does not state reopening; given the severity (embezzlement and suspension) I classify as suspension_closure, but no explicit receivership or permanent closure is mentioned in these clippings.

Events (1)
1. November 14, 1931 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Discovery of approximately $20,000 shortage attributed to embezzlement by the bank's bookkeeper, Vivian Calhoun; arrest followed and bank suspended business Saturday.
Newspaper Excerpt
The bank suspended business Saturday following of shortage of about $20,000 ... Calhoun, bookkeeper of the Citizens bank of Blakely, was arrested ... charged with embezzlement.
Source
newspapers

Newspaper Articles (2)
1. November 16, 1931 The Macon News Macon, GA
Article from The Macon News, November 16, 1931

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Article Text

CLERK GOES TO JAIL Charged With Embezzling $20,000 Arrested in Hartford, Ala. BLAKELY Ga., Nov. Calhoun, bookkeeper of the Citizens bank of Blakely, was arrested Sunday in Hartford. and Sheriff Sid Sunday night was en route to Blakely to place him in the Early county jail on a charge of embezzlement. The bank suspended business Sat. urday following of shortage of about $20,000 and officers of the swore warrant charging Calhoun said to have left Blakely automobile Saturday morning Sheriff Howell notified ficers of towns which he suspected Calhoun might flee, word was received here Saturday morning that the fugitive had been apprehended in Hartford. Officers said the warrant alleged the the bank, causing the The bank capital $50,000 Its deposits total about and its resources to about $173,000. it was said.

2. November 16, 1931 The Macon Telegraph Macon, GA
Article from The Macon Telegraph, November 16, 1931

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Article Text

CALHOUN CAUGHT IN ALABAMA CITY Blakely Bookkeeper Charged With Embezzlement TAKEN TO GEORGIA JAIL BLAKELY, Ga., Nov. 15.-Vivian Calhoun, of the Citizens bank of Blakely, was arrested toand Sheriff day in Hartford, Ala., Sid Howell, tonight was en route to to him in the Early Blakely place charge of embezzlecounty jail on ment. The bank suspended business yesterday short officers of about $20,000 and institution swore warrant Calhoun with embezzlement. charging said to have left Calhoun was an yesterday Blakely Sheriff Howell notified morning. which he suspectficers ed might here this that the received morning had apprehended in fugitive Hartford. Sheriff Howell said he suspected Calhoun the city woman. He not mar to see ried. Oficers said the warrant alleged Calhoun the shortage. The the bank, causing the $50,000. Its bank capital about $76,000 deposits to about $173,000, it was resources said.