Bank of Doerun (Doerun, GA)

Episode Information

Episode UID
64047071523
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
6404707 routing
Routing Number
64-0470
Start Date
November 1, 1926*
Location
Doerun, Georgia (31.320, -83.917)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f1f18ec437a4b5a1

Response Measures

None

Description

Article states Bank of Doerun having suspended business several weeks before Dec 13, 1926; no reopening mentioned.

Events (1)

1. November 1, 1926* Suspension
Cause
Local Shock
Cause Details
Frozen assets in the form of farm paper led to suspension
Newspaper Excerpt
the Bank of Doerun, the only other financial institution there, having suspended business several weeks
Source
newspapers

Newspaper Articles (2)

Article from The Macon News, December 13, 1926

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Article Text

was stated that the affairs of the bank were in good shape that would have been possible for it to have continued operate its customers had not lost confidence and started withdrawing deposits. There was run on the bank. the generally accepted meaning the word. but about half of the money subject to check withdrawn within period of few Doerun is now without'a bank. the Bank of Doerun. the only other nancial institution there, having suspended business several weeks Its grew out of fro. assets in the form of farm paper, The British treasury recently $1540 of Scottish ings for which no owner could be


Article from The Atlanta Journal, December 14, 1926

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Article Text

Farmers' Bank Plans To Reopen in Doerun MOULTRIE, Ga., Dec. 14.-An of fort to recognize the Farmers' bank, of Doerun, near here, which closed its doors last Friday, to be made just cording word received here. was stated that the affairs of bank were in good shape and that would been possible for to have continued to operate "if its customers not confidence" and deposits. on the bank in accepted of the word, but about half the check withdrawn within a period of few weeks. Doerun is now without bank, the Bank of Doerun, the only other fiinstitution there, having sus. pended business weeks ago. Its grew out of frozen assets in the form of farm paper.