Peoples Bank (Beaufort, SC)

Episode Information

Episode UID
67015971591
Episode Type
Suspension โ†’ Reopening
Bank Type
state
Bank ID
6701597 routing
Routing Number
67-0159
Start Date
July 1, 1932*
Location
Beaufort, South Carolina (32.432, -80.670)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
760a0cec2e7074c1

Response Measures

None

Description

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)

Article from The Atlanta Constitution, July 28, 1932

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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.


Article from The Item, July 28, 1932

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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.


Article from The Index-Journal, July 28, 1932

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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


Article from The Atlanta Journal, July 28, 1932

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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-


Article from The Atlanta Constitution, July 29, 1932

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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.