Douglasville Banking Company - Douglasville, GA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: February 29, 1928
Location: Douglasville, Georgia (33.738, -84.707)

Metadata

Model: gpt-5-mini
Short Digest: 74b4e836

Response Measures

None

Description

Article (Macon News, 1928-02-29) reports Douglasville Banking Company closed its doors Feb 28 and was suspended Feb 29; officers announced assets would be 'reopened' (planned resumption). No mention of depositor run. OCR errors corrected (e.g., fragmented sentence about 'fear of losses').

Events (3)

1. February 29, 1928 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article indicates closure/suspension related to fear of losses at the institution (officers announced closure and that assets would be reopened).
Newspaper Excerpt: DOUGLASVILLE, Ga., Feb. 29 Douglasville Banking Company, which yesterday closed doors, ...
Source: newspapers

2. * Other

Newspaper Excerpt: announcement said there was for or of fear of losses ... assets to be reopened ... officers of the institution announced Wednesday
Source: newspapers

3. * Reopening

Newspaper Excerpt: announcement said ... assets to be reopened
Source: newspapers

Newspaper Articles (1)

1. February 29, 1928 The Macon News Macon, GA

Article from The Macon News, February 29, 1928

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Article Text

BANK IS SUSPENDED DOUGLASVILLE, Ga., Feb. 29 Douglasville Banking Company, which yesterday closed doors, due. announced, assets, to be reopened frozen officers of the institution anounced Wednesday The announcement said there was for or of fear of losses