Exchange Bank - Savannah, GA

Episode Information

Episode UID: 3567493391555
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 356749339 hash
Start Date: July 20, 1929
Location: Savannah, Georgia (32.084, -81.100)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 4ed096cb8dc84796

Response Measures

None

Description

Article states the bank is being liquidated but does not explicitly state a formal suspension or receiver appointment.

Events (1)

1. July 20, 1929 Suspension

Cause: Voluntary Liquidation
Cause Details: Article reports the Exchange Bank is in liquidation and a committee will report to stockholders; proposal to form a corporation to take assets to avoid quick liquidation.
Newspaper Excerpt: liquidating of the Exchange Bank of Savannah will make report to the stockholders meeting set for Monday
Source: newspapers

Newspaper Articles (1)

1. July 21, 1929 The Macon Telegraph Macon, GA

Article from The Macon Telegraph, July 21, 1929

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Article Text

HOTEL IS LEASED July Martin and Casey, well Georgia hotel who operate the Murson hotel in Waycross and the Royal hotel at Brunswick have leased the Appling hotel at Baxley from Judge Tippens. B. Casey will continue as of the Royal at Brunswick and Martin will take over the of the Appling at Baxley G. Coleman, of will become manager of the Murson here HEALTH BILL ENDORSED QUITMAN Ga. July Tuesday night directors of the chamber of the proposed changes in the Ellis health law after hearing Dr. R. E. McClure, county health er. explain them and representaof the county in the house and senate were by the secretary The proposed from St. Marys, Ga., St. Marks, Fla., was also MORVEN TO GET LIGHTS July 20. dream electric lights and current for cooking will realized by Aug. 10. expected. and that section of this county will celebrate the turning on of the current. The Georgia Power company has franchise to furnish current and poles and wires are complete in the The power line will be run from Hahira. BANK REPORT READY liquidating of the Exchange Bank of Savannah will make report to the stockholders meeting set for Monday it was announced today was said that the committee. headed by Sam Blumenthat would propose the formation of corporation to take the physical assets of the bank in order that these might conserved through holding and the of quick liquidation avoided NEGRO TO GET MEDAL John Boynton, 12, young Negro blind one eye, who Thursday saved Billy Crouch, from in pond near here. will be recommended by local attorney for honors awarded by the Carnegie Hero Foundation. Eugene Dunn. of the Crouch boy's companions was the children in the pond beyond their depth. REUNION IS ENJOYED Phillips family prominent in this county and for the past 50 years or more enjoyed reunion Friday evening at Nimrod Springs, near here. dinner and barbecue was given Mrs. W. W. Abbott. of Louisville, was hostess to the party. GINS MADE READY LOUIS July 20. Local gins are being put in shape for the ginning of the 1929 cotton crop, with the prospect of the biggest seasons' ginning that they have had in the last ten years. Indications point to early picking and it is probable that the crop will begin come to gm early August, with the market getting its first bales perhaps around Aug. ROAD PUBLICITY PLANNED July are being laid for Louisville and Jef. ferson county to do its part in ad vertising Federal Route No. 25. A committee of citizens from the county met at the Hotel Jefferson Monday evening formulate plans to aid in advertinsing this route. MELO NMOVING RAPIDLY county have been mov. ing into all sections of the big consuming centers and have been commanding the highest prices. Practically the being shipped by the Melon associ ation. Prices are ranging from $100 for the small sizes up to as high as $250 for the larger melons and some few brought as high $275 Up to yesterday 350 cars of melons have been and 350 more are expected before the season closes Nebraska farmers own almost three many radio sets as bathtubs, an official survey shows. will be galaxy of vaudeville acts including singing, dancing and novelty acts MASONS HAVE SESSION LUMPKIN July 20. The Masonic convention, composed of the lodges in the counties of and Webster. met in the town of Lumpkin, Cross lodge No. 173. F. and M. being host on this occasion. Following luncheon, lengthy session was during which degree was put in which number of the visitors par- LIGHTS ARE REQUESTED meeting of the city commission Wednesday night petition was received from residents on South Curt street asking for more lights and also for some action in regard to vacant lots and weeds The petition and the matter of lights will be attended to as soon as the cost is ascertained. delegation from the U.D. C. chapter Mrs. B. Weston, Mrs. THIN man and Mrs. H. Myers, appeared asking the city officials take note of the coming state reunion of Confederate veterans to be held here next October ELDER VISITS ADEL ADEL Ga. July Presiding Elder House held his first official here this week, it being the third conference of the charge. Good reports were made of the work of the church, Rev. Robert Kerr speaking for the church, J. Tennant Shaw for the Sunday school, Mrs. P. Shepherd for the Woman's and Miss Thelma Moore for the Epworth league. Geo. W. Bryan, president of the Bryan bank, was confirmed as member of the board of stewards and Comer Rosser Hall as president of the Epworth League.