Merchants & Planters Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Savannah, Georgia (32.084, -81.100)

Metadata

Model: gpt-5-mini
Short Digest: 4605fd61

Response Measures

None

Description

Article states the Merchants' and Planters' Bank of Georgia suspended operations during the war and is described as a defunct state bank; no run is mentioned and the bank appears permanently closed. The war refers to the U.S. Civil War (1861-1865).

Events (1)

1. * Suspension

Cause: Macro News
Cause Details: Suspended operations during the (U.S. Civil) War, leading to the bank becoming defunct.
Newspaper Excerpt: The money is the bills issued by the Merchants' and Planters' Bank of Georgia, which suspended operations during the war.
Source: newspapers

Newspaper Articles (1)

1. December 20, 1907 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, December 20, 1907

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Article Text

# BAD MONEY AT CHANUTE. Bills Issued by a Georgia Bank Years Ago in Circulation. Chanute, Kan., Dec. 20.-Worthless money is in circulation here. The money is the bills issued by the Merchants' and Planters' Bank of Georgia, which suspended operations during the war. The denomination of the bill in the possession of the police is $5. It is issued by the defunct state bank of Savannah, Ga., and is engraved on a dull ochre paper of double thickness. In the upper corner appears the figure five in Arabic character and in the lower corners the Roman numeral.