Peoples Bank (Beaufort, SC)

Episode Information

Episode Type
Suspension → Reopening
Start Date
July 1, 1932*
Location
Beaufort, South Carolina (32.432, -80.670)
Bank Type
state
Routing Number
67-0159

Metadata

Episode ID
Bank ID
City ID
451245003
Model
gpt-5-mini
Short Digest

Notes

Suspension occurred in connection with a mayor-declared five-day business moratorium.

Events (2)
1. July 1, 1932* Suspension
Cause
Government Action
Cause Details
Bank suspension occurred in conjunction with a five-day holiday/moratorium declared by the mayor and city council.
Newspaper Excerpt
The Peoples Bank, which suspended last week,
Source
newspapers
2. July 28, 1932 Reopening
Newspaper Excerpt
The Peoples Bank ... will reopen for business morning. Reorganization followed five-day holiday that was declared by the mayor and council of Beaufort last Thursday.
Source
newspapers

Newspaper Articles (5)
1. July 28, 1932 The Atlanta Constitution Atlanta, GA

Article Text

Bank To Reopen

BEAUFORT, S. July The Peoples Bank, which suspended last week, will reopen for business morning. The of this institution followed five-day holiday that was declared by the mayand council of Beaufort last Thursday.

2. July 28, 1932 The Item Sumter, SC

Article Text

Beaufort Stores Resume Business

Beaufort, July Beaufort cafes and such, including the Peoples' Bank, reopened today after business ordered by Mayor R. Bristol for reviving the city's commercial very much encouragsaid the mayor bank open for business and there been depositors feel dark cloud has been lifted from shoulders and town looks with confidence and into the future." Under the mayor's proclamation issued July 23. all business houses not essential the daily life the people were ordered closed.

3. July 28, 1932 The Index-Journal Greenwood, SC

Article Text

Beaufort Stores Reopen After A 5-Day Holiday

July cafes and Peoples, Bank were reopened today after five day business moratorium ordered by Mayor W. R. Bristol for reviving the city's commercial life. are very much encouragsaid the mayor. bank is open for business and there have been depositors. We feel If dark cloud has been lifted from our shoulders and our town looks with confidence and assurance into the future." Under the mayor's proclamation issued all business houses not essential to the daily people were ordered

4. July 28, 1932 The Atlanta Journal Atlanta, GA

Article Text

Peoples Bank Opens Again at Beaufort

BEAUFORT S. C., July 28 The Peoples Bank suspended last week. has been reorganized and opened Thursday. Reorganization fol-

5. July 29, 1932 The Atlanta Constitution Atlanta, GA

Article Text

SOUTH CAROLINA BANK WILL BE REOPENED

BEAUFORT S. C., July 28 The Peoples bank, suspended last week, has been reorganized for reopening at Reorganization followed a five-day holiday declared by the mayor and city council here last Thursday and the undertaking was brought about through co-operation of depositors and stockholders.