Article Text
Plans on Foot To Reopen Bank Special to The News fort to reorganize the Farmers' Bank of Doerun. near here. which closed its doors last Friday. la be made just as soon as possible according to word received here.
2865. Farmers Bank (Doerun, GA)
Bank Information
- Episode Type
- Run → Suspension → Reopening
- Bank Type
- state
- Start Date
- December 1, 1926*
- Location
- Doerun, Georgia (31.320, -83.917)
Metadata
- Model
- gpt-5-mini
- Short Digest
59ba6bfa
Response Measures
Full suspension
Other: Reorganization / plans to reopen; closure described as 'closed its doors' and 'plans to reopen'.
Description
Newspapers report the Farmers' Bank of Doerun closed its doors last Friday (Dec. 10, 1926) after about half the deposits were withdrawn over a period of weeks due to customers losing confidence; efforts to reorganize and reopen were underway.
Events (3)
1.
December 1, 1926*
Run
- Cause
- Rumor Or Misinformation
- Cause Details
- Customers lost confidence and withdrew about half the deposits over a few weeks (no specific insolvency cited).
- Measures
- Plans to reorganize and reopen the bank; public reassurances that affairs were in good shape.
- Newspaper Excerpt
- about half the checks withdrawn within a period of few weeks
- Source
- newspapers
2.
December 10, 1926
Suspension
- Cause
- Rumor Or Misinformation
- Cause Details
- Bank closed after heavy withdrawals driven by loss of depositor confidence; not described as closed by government action or formal insolvency.
- Newspaper Excerpt
- which closed its doors last Friday
- Source
- newspapers
3.
December 13, 1926
Other
- Newspaper Excerpt
- Plans on Foot To Reopen Bank / effort to reorganize the Farmers' Bank of Doerun ... which closed its doors last Friday ... to be made just as soon as possible according to word received here .
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Farmers' Bank Plans To Reopen in Doerun MOULTRIE, Ga., Dec. 14.-An of fort to recognize the Farmers' bank, of Doerun, near here, which closed its doors last Friday, to be made just cording word received here. was stated that the affairs of bank were in good shape and that would been possible for to have continued to operate "if its customers not confidence" and deposits. on the bank in accepted of the word, but about half the check withdrawn within a period of few weeks. Doerun is now without bank, the Bank of Doerun, the only other fiinstitution there, having sus. pended business weeks ago. Its grew out of frozen assets in the form of farm paper.