3035. Central Rail Road & Banking Company (Savannah, GA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 1, 1899
Location
Savannah, Georgia (32.084, -81.100)

Metadata

Model
gpt-5-mini
Short Digest
4cd66cd8

Response Measures

None

Description

Newspapers in June 1899 name the company as Central Railroad and Banking Company of Georgia and refer repeatedly to the receivers thereof and court proceedings (master in chancery taking proofs June 19, 1899). No article mentions a depositor run; the bank is in receivership following litigation, so this is a suspension/closure with receivers assigned (suspension_closure).

Events (2)
1. June 1, 1899 Suspension
Cause
Government Action
Cause Details
Bank is in equity litigation and placed in receivership under court proceedings (consolidated causes vs. Farmers' Loan and Trust Co.)
Newspaper Excerpt
Notice is hereby given to all persons having claims against the Central Railroad and Banking Company of Georgia or the receivers thereof
Source
newspapers
2. June 19, 1899 Receivership
Newspaper Excerpt
I will begin the taking of final proofs ... for claims against the Central Railroad and Banking Company of Georgia or the receivers thereof. GEORGE W. OWENS, Master in Chancery.
Source
newspapers

Newspaper Articles (4)
1. May 31, 1899 The Morning News Savannah, GA
Article from The Morning News, May 31, 1899

Click image to open full size in new tab

Article Text

LEGAL NOTICES. CIRCUIT COURT OF THE UNITED STATES for the Eastern Division of the Southern District of Georgia. The Central Railroad and Banking Company of Georgia vs, the Farmers' Loan and Trust Company of New York, et al. The Farmers' Loan and Trust Company of New York vs. the Central Railroad and Banking Company of Georgia, et al. In equity, consolidated causes. Office of Master in Chancery, Savannah, Ga., June 1, 1899. Notice is hereby given to all persons having claims against the Central Railroad and Banking Company of Georgia or the receivers thereof which are entitled to participate in the distribution of assets coming in under the above stated causes, that on Monday, June 19, 1899, at 11 a. m., at my office, No. 4 Bryan street, east, in Savannah, Ga., I will begin the taking of final proofs in all matters referred to me and now undisposed of, and will proceed from day to day until all Interventions and claims have been heard and determined. Immediately thereafter, and without further notice, I will proceed to settle my final report as master, determining and adjudicating for that purpose the standing, validity and priority of all claims presented, the assets for distribution, and the amount, if any, to which each claimant shall be entitled. All persons claiming the right to participate will take due notice. GEORGE W. OWENS, Master in Chancery.

2. June 1, 1899 The Morning News Savannah, GA
Article from The Morning News, June 1, 1899

Click image to open full size in new tab

Article Text

LEGAL NOTICES. CIRCUIT COURT OF THE UNITED STATES for the Eastern Division of the Southern District of Georgia. The Central Railroad and Banking Company of Georgia vs. the Farmers' Loan and Trust Company of New York, et al. The Farmers' Loan and Trust Company of New York vs. the Central Railroad and Banking Company of Georgia, et al. In equity, consolidated causes. Office of Master in Chancery, Savannah, Ga., June 1, 1899. Notice is hereby given to all persons having claims against the Central Railroad and Banking Company of Georgia or the receivers thereof which are entitled to participate in the distribution of assets coming in under the above stated causes, that on Monday, June 19, 1899, at 11 a. m., at my office, No. 4 Bryan street, east, in Savannah, Ga., I will begin the taking of final proofs in all matters referred to me and now undisposed of, and will proceed from day to day until all interventions and claims have been heard and determined. Immediately thereafter, and without further notice, I will proceed to settle my final report as master, determining and adjudicating for that purpose the standing, validity and priority of all claims presented, the assets for distribution, and the amount, If any, to which each claimant shall be entitled. All persons claiming the right to participate will take due notice. GEORGE W. OWENS, Master in Chancery.

3. June 8, 1899 The Morning News Savannah, GA
Article from The Morning News, June 8, 1899

Click image to open full size in new tab

Article Text

LEGAL NOTICES. CIRCUIT COURT OF THE UNITED STATES for the Eastern Division of the Southern District of Georgia. The Central Railroad and Banking Company of Georgia vs. the Farmers' Loan and Trust Company of New York, et al. The Farmers' Loan and Trust Company of New York vs. the Central Railroad and Banking Company of Georgia, et al. In equity, consolidated causes. Office of Master in Chancery, Savannah, Ga., June 1, 1899. Notice is hereby given to all persons having claims against the Central Railroad and Banking Company of Georgia or the receivers thereof which are entitled to participate in the distribution of assets coming in under the above stated causes, that on Monday, June 19, 1899, at 11 a. m., at my office, No. 4 Bryan street, east, in Savannah, Ga., I. will begin the taking of final proofs in all matters referred to me and now undisposed of, and will proceed from day to day until all interventions and claims have been heard and determined. Immediately thereafter, and without further notice, I will proceed to settle my final report as master, determining and adjudicating for that purpose the standing, validity and priority of all claims presented, the assets for distribution, and the amount, If any, to which each claimant shall be entitled. All persons claiming the right to participate will take due notice. GEORGE W. OWENS, Master in Chancery.

4. June 15, 1899 The Morning News Savannah, GA
Article from The Morning News, June 15, 1899

Click image to open full size in new tab

Article Text

LEGAL NOTICES. CIRCUIT COURT OF THE UNITED STATES for the Eastern Division of the Southern District of Georgia. The Central Railroad and Banking Company of Georgia vs. the Farmers' Loan and Trust Company of New York, et al. The Farmers' Loan and Trust Company of New York vs. the Central Railroad and Banking Company of Georgia, et al. In equity, consolidated causes. Office of Master in Chancery, Savannah, Ga., June 1, 1899. Notice is hereby given to all persons having claims against the Central Railroad and Banking Company of Georgia or the receivers thereof which are entitled to participate in the distribution of assets coming in under the above stated causes, that on Monday, June 19, 1899, at 11 a. m., at my office, No. 4 Bryan street, east, in Savannah, Ga., I will begin the taking of final proofs in all matters referred to me and now undisposed of, and will proceed from day to day until all interventions and claims have been heard and determined. Immediately thereafter, and without further notice, I will proceed to settle my final report as master, determining and adjudicating for that purpose the standing, validity and priority of all claims presented, the assets for distribution, and the amount, if any, to which each claimant shall be entitled. All persons claiming the right to participate will take due notice. GEORGE W. OWENS, Master in Chancery.