Effingham County Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 30, 1921
Location: Guyton, Georgia (32.336, -81.391)

Metadata

Model: gpt-5-mini
Short Digest: 31604864

Response Measures

None

Description

Article (Evening Star, 1921-01-30) reports Effingham County Bank in Guyton, GA, has closed and affairs turned over to the state auditor. Cause described as 'poor collections' (bad loans/collections), indicating bank-specific adverse condition. No run is mentioned.

Events (1)

1. January 30, 1921 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Poor collections cited as the cause of closure; affairs turned over to the state auditor (indicative of insolvency/collections problems).
Newspaper Excerpt: GUYTON, Ga.-The Effingham County Bank has closed. Poor collections are given as the cause. A notice on the door says its affairs have been turned over to the state auditor.
Source: newspapers

Newspaper Articles (1)

1. January 30, 1921 Evening Star Washington, DC

Article from Evening Star, January 30, 1921

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Article Text

near his home by his father and brother. One Killed, Eleven Hurt in Blast. OGDEN, Utah-Morris Forguson, a Union Pacific employe of Oakland, Ind., was killed and eleven persons were injured, some seriously, when an eastbound Union Pacific freight train crashed into the rear of a work train between Knight and Altamont. Wyo. The injured were brought to hospitals at Ogden and Evanston, Wyo. $50,000 Fire in Dutch Ship. LOS ANGELES, Calif.-Fire in the hold of the Dutch steamer Eemdijk, which arrived from Rotterdam, caused damage which it was said might reach $50,000. The cause of the fire was not determined definitely, but it was believed a stevedore dropped a lighted cigarette down a ventilator. Five Bandits Steal Jewelry. CHICAGO.-Five armed bandits robbed the jewelry store of J. W. Siegar, in Cicero, a suburb, of $6,000 in jewelry and escaped in an automobile. One of the men stood guard over Siegar with a pistol while the other four rifled the showcases. Dies of Gas Poison. ST. PETERSBURG, Fla.-Samuel L. Cheaney of Piqua, Ohio, a winter visitor here, died from the effects of gas poison suffered during a battle in Flanders, almost three years ago. Physicians say his body literally dried up from effects of the gas. Georgia Bank Closes. GUYTON, Ga.-The Effingham County Bank has closed. Poor collections are given as the cause. A notice on the door says its affairs have been turned over to the state auditor. Mysterious Death in Fire. SAVANNAH, Ga. - George Runge, who lived six miles from Savannah, is believed by the county police to have been murdered and his house destroyed by fire to hide the evidence of the crime. Runge's house was almost completely destroyed by fire. His body was found on a bed in the house, horribly burned. Body Awaits Relatives' Coming. ST. AUGUSTINE, Fla.-The body of William Armstrong of Niagara Falls, Canada, wealthy "peach king of Ontario," who dropped dead while delivering a lecture before the tourist club. is being held here to await ad-