Article Text
2 BANKS CLOSE TEMPORARILY Waynesboro, August The Citizens Savings pended business temporarily Monday This brought about recent closing the Trust Company Atlanta. which the banks derstood that the will care
3090. Citizens Bank (Waynesboro, GA)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- August 15, 1926
- Location
- Waynesboro, Georgia (33.090, -82.016)
Metadata
- Model
- gpt-5-mini
- Short Digest
a8964a72
Response Measures
None
Description
Newspaper reports (Aug 15–17, 1926) state Citizens Bank (Waynesboro) and Waynesboro Savings Bank temporarily suspended and that Bankers Trust Company was reorganizing and would take the liabilities; this indicates a suspension followed by takeover/merger rather than a mere short-lived run. No explicit run is described in the articles. Cause for suspension is not specified in the OCR text, so classified as 'other'.
Events (1)
1.
August 15, 1926
Suspension
- Cause Details
- Articles do not specify a clear trigger; reports mention suspension and that Bankers Trust Company was reorganizing and would take liabilities (suggests takeover/merger after suspension).
- Newspaper Excerpt
- Citizens Bank Waynesboro and Waynesboro Savings Bank temporarily ... suspended Monday morning. suspension by Bankers Trust Company ... reorganizing ... liabilities will be taken
- Source
- newspapers
Newspaper Articles (3)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
TWO BANKS ARE CLOSED AYNESBORO. Ga., Aug. 15. Citizens Bank Waynes boro and Waynesboro Savings Bank temporarily Mon day morning. suspension by Bankers Trust Company have already reorganizing which time the banks merged. that the liabilities will be taken of. LITTLE WILLIAMS DIES Ga., Aug. daughter Mrs. Williams, of Forsyth, died o'elock this illness Interment will be in Forsyth the Methodist church She by her par and an infant by her Mr. and Mrs. of and her maternal grandfather, E. W. of Barnesville.
Click image to open full size in new tab
Article Text
New Orleans Cotton Sells Over New York On Rainfall Report BY GEORGE 1926.) NEW YORK (Tuesday), Aug. Following reports of the heaviest rainfall month in various belt in the sections of adpast 24 vance in Tuesday cotton All near positions sold above Orleans the December all sold New January positions York. between the two markets is for substantial premium on New York rep. resenting in way the cost of this sit has begun to attract spread on the exchange sold one liquidation in the shape of heavy profit taking long contracts caused of The advance has rapid that the basis and fluctuations LIVINGSTON CO STOCK LETTER that upset that Federal bank would this The unefficial not dend What of marks that steel good the Steel sold at and wards the stocks and this Just results steel least day to taken but business ment the now many flieting factors the Stocks are high six lines extreme development of cance FENNER BEANE COTTON LETTER advanced the start the with The on and The stream and the the they have made Money and Exchange Waynesboro Banks Suspend WAYNESBORO Aug. The Citizens of aynesboro and Vaynesboro pended to on the bank ated in the and the cording to an official of the bank the unpaid which which The boro the An the stated that the liabilities will be and already der A the and Blount Gray, of Naval Stores list bonds traded COTTONSEED OIL MARKET December January FEDERAL LAND BANK BONDS July 100 Fed. 103