Article Text
BANK CLOSED Ala., Nov. Green, state superintendent banks, announced the closing today of the Bank Gantt Covington county. The bank, with capital stock of $15,000, liquidated receiver, probably will not be reopened, Supt. Green said.
Bank of Gantt (Gantt, AL)
Episode Information
- Episode UID
61029671571- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
6102967routing - Routing Number
61-0296- Start Date
- November 18, 1930
- Location
- Gantt, Alabama (31.407, -86.484)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
cffa07dfa6807904
Response Measures
None
Events (2)
1.
November 18, 1930
Receivership
- Newspaper Excerpt
- The bank ... will be liquidated by a receiver, and probably will not be reopened. Supt. Green said.
- Source
- newspapers
2.
November 18, 1930
Suspension
- Cause
- Government Action
- Cause Details
- State superintendent closed the bank and placed it in liquidation after drought and ruined cotton crop left it with frozen assets.
- Newspaper Excerpt
- Dent Green, state superintendent of banks, announced the closing today of the Bank of Gantt in Covington county.
- Source
- newspapers
Newspaper Articles (4)
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Article Text
COVINGTON COUNTY BANK IS CLOSED MONTGOMERY, Nov. 18. Dent Green. of the closing day of the Bank of Gantt in Covcounty. capital stock of $15,000, will be by receivwill not be ed. Supt. Green said. Supt Green said the drouth during summer, followed by the heavy September rains which ruined cotton crop. had left the bank with frozen assets hands which was unable to
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Article Text
Gantt Bank Failure Caused By Drought MONTGOMERY Nov. F. Green, state tendent the closing today of the Bank of Gantt in The bank, with capital stock of will liquidated by ceiver, will not be opened, Supt. Green Supt. Green said the drouth during the summer, followed by the rains which ruined the cotton crop. had left the bank with frozen assets on its hands which it was unable to carry longer.
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Article Text
Covington County Bank Closed Today MONTGOMERY, Ala., Nov. 18.(AP)-Dent Green. state superintendent of banks, announced the closing today of the Bank of Gantt in Covington county. The bank with capital stock of $15,000, will be liquidated by a receiver, and probably will not be reopened. Superintendent Green Superintendent Green said the drouth during the summer, followed by the heavy September rains which ruined the cotton crop, had left the bank with frozen assets on its hands which it was unable to carry longer. LIVE STOCK CHICAGO, Nov. Hogs 43,000 including 15,000 direct; slow; mostly 15@ 25, spots 35 below Monday's average; top, 8.35; bulk 160280 lbs., 8.15@8.30; slaughter pigs, good and choice 100 130 lbs., 8.00@ 8.35. Cattle, 7,000; calves 2,000; hardly enough done to make market; few sales steers and yearlings steady; light yearlings scarce and much more active than weighty steers; early top yearlings, 12.90; helfers, good and choice 550-850 lbs., 9.25@13.00; common and medium, 5.00@9.25; COWS, good and choice, Sheep, 7,000, generally steady; early bulk good to choice native fed western lambs, to packers; several loads to city butchers, 7.75; range feeding lambs 6.50@7.25 native fat ewes, 3.00@ 3.50; lambs 90 lbs. down. good and 6.75; all weights. common. 5.50.