Bank of Locust Grove - Locust Grove, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 21, 1934
Location: Locust Grove, Georgia (33.346, -84.109)

Metadata

Model: gpt-5-mini
Short Digest: a17092c6

Response Measures

None

Description

Article (Jan 21, 1934) refers to the defunct bank of Locust Grove and reports payment of a fifth dividend (total 59%) to depositors by E. L. Reagan, agent. This indicates the bank previously suspended/closed and is in receivership/liquidation and is not operating. No run is described in the article.

Events (1)

1. January 21, 1934 Receivership

Newspaper Excerpt: A five per cent dividend is being ... paid this week to depositors in the defunct bank of Locust Grove E. L. Reagan agent. With payment, the fifth dividend, a total 59 per cent, has been paid.
Source: newspapers

Newspaper Articles (1)

1. January 21, 1934 The Macon Telegraph Macon, GA

Article from The Macon Telegraph, January 21, 1934

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Article Text

Head Is Killed By Passing Auto BRUNSWICK, Ga., Jan. 20 (P)William Head. 45, was killed by an automobile here this afternoon, while his mother. Mrs. Clara Head, stood by and watched the accident. Head's was broken when he was struck by automobile while crossing street. COUNCIL ELECTS CHIEF M'DONOUGH Ga., Jan. Norris was re-elected chief of police at Stockbridge, Henry at the meeting of the city cil this week. Ward named city and G. Lowe, treasurer. E. Lee mayor, and the council is: Love, Askew, R. Lewis, P. Ward, W. J. Mays, R. E. Brannan. DIVIDEND IS PAID Ga., Jan. 20. A five per cent dividend is being and paid this week to depositors in the defunct bank of Locust Grove E. L. Reagan agent. With payment, the fifth dividend. a total 59 per cent, has been paid.