gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e5572fafb714e4c5
Response Measures
None
Description
Ancillary receiver appointed in Virginia while domiciliary receiver in Tennessee handles liquidation.
Events (3)
1.April 1, 1932*Suspension
Cause
Government Action
Cause Details
Closed in April and placed into liquidation by the Tennessee state banking department (domiciliary receiver appointed).
Newspaper Excerpt
The Bank of Bristol was closed in April and its assets being liquidated by Robertson, superintendent of the Tennessee state banking department.
Source
newspapers
2.August 25, 1932Receivership
Newspaper Excerpt
Judge Floyd Roberts of Bristol, Va., corporation court yesterday appointed C. P. Moore, Jr., as ancillary receiver in Virginia the closed Bank of Bristol.
Source
newspapers
3.October 14, 1932Receivership
Newspaper Excerpt
Authority to proceed with immediate suits against makers of five notes to the Bank of Bristol was given C. P. Moore, Jr., ancillary receiver for Bristol, Va., by Judge Floyd H. Roberts of corporation court.
APPOINTED BANK'S RECEIVER
Will Handle Liquidation of Bank of Bristol Assets in Virginia
Judge Floyd Roberts of Bristol. Va., corporation court yesterday appointed C. P. Moore, Jr., as ancillary receiver in Virginia the closed Bank of Bristol. The Bank of Bristol was closed in April and its assets being liquidated by Robertson. superintendent of the Tennessee state banking department. Trustees selected by 2,006 positors have petitioned Chancellor Miller to have an appraisal made of the bank's assets and permit amendment of the bank's charter to convert It into trust company to purchase and liquidate the bank's assets. Mr. Moore, as ancillary receiver in Virginia, will direct the work on all controversial claims against debtors in the state.
BANK'S RECEIVER TO INSTITUTE 5 SUITS
Authority to proceed with immediate suits against makers of five notes to the Bank of Bristol was given C. P. Moore, Jr., ancillary receiver for Bristol, Va., by Judge Floyd H. Roberts of corporation court In chancery order file. The ancillary receiver is to turn over all funds collected to Robertson, domisiliary receiver for the defunct institution.
BANK'S RECEIVER TO INSTITUTE 5 SUITS
Authority to proceed with immediate sults against makers of five notes to the closed Bank of Bristol was given C. P. Moore, Jr., ancillary receiver for Bristol, Va., by Judge Floyd H. Roberts of corporation court in a chancery order now on file. The ancillary receiver is to turn over all funds collected to D. D. Robertson, domisiliary receiver for the defunct institution.
Rain only falls once in about thirty years on long stretches off the coast of Chile.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
