Davisboro Bank - Davisboro, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 25, 1905
Location: Davisboro, Georgia (32.979, -82.608)

Metadata

Model: gpt-5-mini
Short Digest: d3bebd10

Response Measures

None

Description

Article (May 25, 1905) reports an alleged embezzlement by Maro S. Potter and states 'S. J. Taylor receiver of the Davisboro bank,' indicating the bank was placed in receivership/closed. No run is mentioned in the text. Embezzlement appears to be the cause of failure/receivership.

Events (2)

1. May 25, 1905 Other

Newspaper Excerpt: Detective Hewitt has arrived here with Maro S. Potter, who is charged with embezzling the funds of the Davisboro bank, ... the directors of the bank were very anxious ... S. J. Taylor receiver of the Davisboro bank, and Hon. T. J. Brown, one of the largest stockholders in the bank, and other Davisboro citizens are here, all of whom are deeply interested in the outcome of the case.
Source: newspapers

2. May 25, 1905 Receivership

Newspaper Excerpt: S. J. Taylor receiver of the Davisboro bank.
Source: newspapers

Newspaper Articles (1)

1. May 26, 1905 Gainesville Daily Sun Gainesville, FL

Article from Gainesville Daily Sun, May 26, 1905

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Article Text

BOND FOR POTTER IS FIXED. Davisboro's Alleged Bank Embezzier Is Taken to Sandersville. Sandersville, Ga., May 25. Detective Hewitt has arrived here with Maro S. Potter. who is charged with embez zling the funds of the Davisboro bank, and they went immediately to the law firm of Hon. T. W. Hardwick to fix the bond. Congressman Hardwick and a broth er-in-law of Potter. Colonel J. R. Long. of Leesburg. Ga., represent the de. tense, while the prosecution is represented by Colonels Evans and Evans. of this city The bond has been fixed by the sheriff at the advice of the 80licitor general and judge of the mid die circuit at $15,000. although the directors of the bank were very anxious to have the amount of the bond placed at $20,000. It is thought that Potter will have no difficulty in making the required bond. S. J. Taylor receiver of the Davis boro bank. and Hon. T.1. Brown. one of the larg st stockholders in the bank. and other Davisboro citizens are here, all of whom are deeply interested in the outcome of the case.