Citizens & Southern National Bank (Macon, GA)

Episode Information

Episode UID
64004571548
Episode Type
Run Only
Bank Type
trust
Bank ID
6400457 routing
Routing Number
64-0045
Start Date
December 1, 1928
Location
Macon, Georgia (32.841, -83.632)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
73b23b9a9ca810b7

Response Measures

None

Events (1)

1. December 1, 1928 Run
Cause
Macro News
Cause Details
Part of a broader panic in Georgia; $6,000,000 sent from the Federal Reserve at Atlanta to meet heavy withdrawals affecting multiple Macon banks.
Measures
Federal Reserve sent $6,000,000 (armored truck); heavy guards placed at banks; banks remained open to regular close.
Newspaper Excerpt
Four Macon banks, which yesterday weathered runs, were ready for business today with what officers termed sufficient funds to meet all demands.
Source
newspapers

Newspaper Articles (4)

Article from Hickory Daily Record, December 1, 1928

Click image to open full size in new tab

Article Text

Georgia Banks Weather Heavy Runs Yesterday Four Institutions Have Sufficient Funds To Demands After Heavy Runs Instituted By Six Million Dollars Sent From Federal Reserve To Combat Panic Ga., Dec. Macon banks which yesterweathered runs, were ready for business today with what officers termed "sufficient funds to meet all demands.' Although officials of the Macon National Bank, the Luther Williams Bank and Trust the Citizens and Southern company, National Bank, and the Macon Savings Bank, the four affected institutions, said they expected heavier withdrawals than usual in the next few days, belief that the situation greatly relieved was expressed generally in the city's financial circles. More than was sent here from the Federal Reserve bank at Atlanta and other banks yesterday, and with the single exception the Luther Williams Bank and Trust company, all the institutions which faced runs remained open until the regular clostime, later. In closing the Luther Williams bank early, Francis E. Williams, declared that while the institution had funds would not pay "to panicky crowd." Doubt as to whether or not the bank would be allowed to reopen after cloisng ahead of time was dispelled night when Orville Park, special counsel in charge litigation for the State Banking Department, announced that granted permission to open for business this morning. Confidence in the four banks expressed by the city's merchants yesterday, when many of them joined making public statement that they would accept checks these in payment for merchandise. Heavy guards were placed about the banks both yesterday and last night, but there was attempt keep depositors from entering them to make withdrawals. The Fourth National bank of Macon closed its doors last week during run.


Article from Kansas City Journal, December 1, 1928

Click image to open full size in new tab

Article Text

FOUR GEORGIA BANKS STAND HEAVY RUNS Dec. Macon banks business usual today after runs which forced patch of armoured truck from the Federal Reserve Atlanta. currency. institutions, Macon National. the Luther Williams Bank Trust the Citizens and Southern National Macon Savings bonk. reported deposits being made after today's opening.


Article from The World-News, December 1, 1928

Click image to open full size in new tab

Article Text

Banks Subjected To Heavy Runs Are Open For Business Macon, Ga., Dec. (P).-Four Macon banks, which yesterday weathered runs, were ready for business today with what officers termed "sufficient funds to meet all demands.' Although officials of the Macon National bank, Luther Williams Bank and Company, the Citizens and Southern National Bank, and the Macon Savings Bank, the four affected institutions they expected heavier withdrawals usual in the next few days. Belief that the situation was greatly relieved was expressed generally in the city's financial circles. "More than $6,000,000 was sent here from the Federal Reserve Bank at Atlanta and other banks yesterday, and with the single exception of the Luther Bank and Trust Comall the institutions which faced


Article from The Andalusia Star-News, December 4, 1928

Click image to open full size in new tab

Article Text

Four Macon Banks Reopen For The death of Hon. Simmons, prominent business man and pioneer citizen Andalusia which occurred Saturday after brief illness shock to the entire city. Funeral services were conducted Monday morning eleven o'clock from his residence South Three Notch street with Rev. McNair, this city assisted by Dr. of Headland, the latter special friend of the deceased. The choir sang "Nearer My God after which scripture was read Rev. Mr. McNair after which the funeral sermon was preached Dr. Preston. preliminary to his funeral dress Dr. Preston recounted of the incidents in the life of Mr. Simwith whom he has been on the most intimate terms of friendship for sixteen Dr. Preston bore testimony to the noble life and sterling qualities integrity and of the fine relationship which obtained between Mr. Simmons and all the people with whom he had dealings. was good said Dr. Preston and then quoted the timony born numerous friends with whom he has talked since reaching the city from his Headland Home. Dr. Preston stressed the point that man's life judged the fruit bears. Judge by this test, Mr. Simmons home life, the impress that life upon the childrne of the home, each of whom has made their mark hugh life, his contacts with men busness way, which his sterling integrity and worth manifest to bind to himself bonds iding frendship those with whom best acquainted and with whom he had most constant dealings. The esteem in which Mr. Simmons held in all sections of the attested the large concourse people who attended the funeral who thus bore testimony to their esteem for and appreciation of this beloved citizen. Mr. Simmons has lived in Andaluand its invirons for than years. For years has been an official of the First National bank, institution which he has given the benefit of his sound judgment during all the years of history. Mr. Simmons has held positions honor and of trust in the county which he distinguished himself his devotion to duty and by his painstaking care of the business trusted his care. He one the builders of dalusia and his support and influence have been consistently back of for the upbuilding of this movement and county. He farsighted business and his judgment such make him power in effort toward business and industrial expansion. He had section and backed that faith investing capital enterprises whose growth depended upon growth Andalusia. body was laid to rest hour Andalusia cemetery and banked with beautiful grave tributes loving friends flowers, from all sections of South-East survived by his Mr. Simmons and eight children and two widow, all whom step-children, his bedside during his last Payne, PensacoThey Mrs. George Lindsey, Elba; Andalusia; Miss AnClaude Clark, Lee Simmons, Morgan, Eddie, Bernard, Simmons, Charles and Donald Simmons, Andalusia. The Albritton, Tom Henderson. Ellis, Brown, Chas. Henderson. The honorary bearers ONeal, Brown, Knox. Salter, Feagin, Gantt, Matthews, Wilder, Thigpen, Whaley, Opp. Broughton, Wm. Mount. Tisdale, Henry Opp. Sellers Broughton, Benson, Riley, Moore, Gantt, Gantt, Jones and Merrill. Benson Undertaking Company had of the funeral arrangements. MACON, Ga., Dec. fourin currency. Macon banks for business as The four institutions, the Macon opened usual today after Luther Bank andl runs that forced the dispatch of Company, Citizens and Souththe dispatch of armored truckern National Bank, and the Macon from the Sixth Federal Reserve BankSavings Bank, reported deposits Atlanta with six million dollarsafter today opening.