Bank of Hazlehurst - Hazlehurst, GA

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: state
Start Date: March 3, 1931
Location: Hazlehurst, Georgia (31.864, -82.599)

Metadata

Model: gpt-5-mini
Short Digest: c3786b23

Response Measures

Full suspension

Description

OCR of the article is poor. The letter (Macon Telegraph, 1931-03-03) references a panic that 'forced its doors' at the Bank of Hazlehurst and also discusses 'reopening the Bank Hazlehurst' and urges patience and reason. This indicates a depositor run leading to a temporary suspension and subsequent reopening. No clear specific date of the run/suspension other than the article date; no evidence of receivership or permanent closure. Classified cause as rumor_or_misinformation (general panic/nervousness) — the text mentions a 'flurry' and public 'panic' rather than bank-specific insolvency or correspondent failure.

Events (3)

1. March 3, 1931 Other

Newspaper Excerpt: reopening the Bank Hazlehurst. ... beseech that reasonable be given the home institution ... show the public that the trouble ... to the cause of its doors.
Source: newspapers

2. March 3, 1931 Run

Cause: Rumor Or Misinformation
Cause Details: Public panic/ nervousness caused heavy withdrawals; described as a 'flurry' that forced the bank to close temporarily.
Measures: Bank closed temporarily and was later reopened; public appeals for patience and preservation of time deposits mentioned.
Newspaper Excerpt: There was flurry panicstricken people made the Bank of Hazlehurst was forced its doors
Source: newspapers

3. March 3, 1931 Suspension

Cause: Rumor Or Misinformation
Cause Details: Temporary suspension of operations due to panic-driven withdrawals by depositors; described in letter urging reopening and calm.
Newspaper Excerpt: made the Bank of Hazlehurst was forced its doors
Source: newspapers

Newspaper Articles (1)

1. March 3, 1931 The Macon Telegraph Macon, GA

Article from The Macon Telegraph, March 3, 1931

Click image to open full size in new tab

Article Text

CHANCE THE BANK To the Editor of The Telegraph: You commended your attempt and for the of Luther Trust Macon. The certificate idea and worked Hazlehurst, reopening the Bank Hazlehurst. There was flurry panicstricken people made the Bank of Hazlehurst was forced its doors but the and realized community without bank and their issue time deposit until the bank recover its loans take of and proved blessing the people Jeff county The public sometimes plays role of the Partial related IV the old Spelling which follows farmer neighboring lawyer, expressing great concern for which just happened. of your continued been unlucky bull of and should glad know "Thou honest replied the lawyer, wilt you not think unreasonable that expect one thy return'. no than farmer, but what quoth your bull has killed my oxen'. 'Indeed' 'that the must inquire into the affair: said the 'the business find would been concluded without had been ready do justice you others exact them." depositor the Luther Williams Bank and Trust of Macon, beseech that reasonable be given the home institution "Founded Built Honor" show the public that the trouble the the public and in the in the to the cause of its doors. When he longer have any faith our fellows better that banished the isle Helena than stay and wreck home JOHN LAWRENCE