Lenoir City Bank (Lenoir City, TN)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
December 5, 1901
Location
Lenoir City, Tennessee (35.797, -84.256)
Bank Type
state

Metadata

Notes

Contemporary reports state the bank closed its doors and call it a failure; no receiver explicitly named in these items.

Events (1)

1. December 5, 1901 Suspension
Cause
Local Shock
Cause Details
Suspension attributed to depreciation in Lenoir City real estate.
Newspaper Excerpt
The Lenoir City Bank ... closed its doors to-day. ... The suspension of business is said to be due to depreciation in Lenoir City real estate.
Source
newspapers

Newspaper Articles (7)

Article from The Indianapolis Journal, December 6, 1901

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Article Text

Failure of a Tennessee Bank

KNOXVILLE, Tenn., Dec. 5'-The Lenoir City Bank, at Lenoir City, renn., closed its doors to-day. It had a capital of $50,000. It is stated that depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir 1 City real estate.


Article from Evening Journal, December 6, 1901

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Article Text

Tennessee Bank Failure

Knoxville, Tenn., Dec. 6.-The Lenoir City Bank, at Lenoir City, Tenn., elosed its doors yesterday. It had a capital of $50,000. It is stated that depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real.estate.


Article from The Savannah Morning News, December 6, 1901

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Article Text

Tennessee Bank Closes Its Doors

Knoxville, Tenn., Dec. 5.-The Lenoir City Bank at Lenoir City, Tenn., closed its doors to-day. It had a capital of $50,000. It is stated that the depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real estate.


Article from The News & Observer, December 7, 1901

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Article Text

Lenoir City Bank Closed

I (By the Associated Press.) Knoxville, Tenn., Dec. 5.-The Lenoir City Bank at Lenoir City, Tenn., closed its doors today. It had a capital of $50,000. It is stated depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real estate.


Article from The Semi-Weekly Messenger, December 10, 1901

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Article Text

Another Bank Suspends Knoxville, Tenn., December 5.-The Lenoir City bank, at Lenoir City, Tena. closed its doors today. It had a capital of $50,000. It is stated depositors will get all due them. The suspension of business is said to be due to depreciation in Lenoir City real estate


Article from The Plymouth Tribune, December 12, 1901

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What Happens When Towns Die

KNOXVILLE, Tenn., Dec. 6The Lenoir City bank, at Lenoir City, Tenn,, closed its doors today. It had a capital of $50,000. The suspension of business is said to be due to depreciation in Lenoir City real estate.


Article from The Bolivar Bulletin, December 13, 1901

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Article Text

Lenoir City Bank Fails

The Lenoir City Bank has closed its doors. It had a capital of $50,000. It is stated depositors will get all due them. The suspension of business is said to be due to depreciation in Le noir City real estate.