Bank of Woodruff (Woodruff, SC)

Episode Information

Episode UID
67017371603
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
6701737 routing
Routing Number
67-0173
Start Date
July 18, 1933
Location
Woodruff, South Carolina (34.740, -82.037)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f6f5335db259e229

Response Measures

None

Description

Articles identify receivers for the bank but do not describe any depositor run.

Events (3)

1. July 18, 1933 Suspension
Cause
Government Action
Cause Details
Bank listed among 'closed banks' and had conservator/receivers appointed following examinations and liquidation discussions.
Newspaper Excerpt
meeting of the preliminary in Columbia on July 18 when liquidafarm paper held by closed banks primary subject discussed.
Source
newspapers
2. August 5, 1933 Receivership
Newspaper Excerpt
Drummond and Brockman, Bank of Woodruff receivers; ... Bank of Woodruff receivers; and O. Hines, Bank of Chesnee receiver. (Gaffney Ledger, Aug 5, 1933).
Source
newspapers
3. September 1, 1933 Other
Newspaper Excerpt
E. Inman master to J. E. Brock and C. M. Drummond, as receivers for the Bank of Woodruff, for $500, property in the Chick Springs township. (Greenville News, Sept 1, 1933).
Source
newspapers

Newspaper Articles (2)

Article from The Gaffney Ledger, August 5, 1933

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Article Text

FARM GOVERNOR TO SPEAK AT CAPITAL Henry Morganthau, Jr., to Address Bank Meeting Monday. Spartanburg, Aug. 3.-Henry Morgenthau, governor of the farm credit will speak at Columbia Monday meeting of officials of both liquidation farm credits benefit both farmers and bank depositors. This learned here Thursday from official connected closed bank this counNotices of the meeting have mailed out by Miller, state bank examiner. meeting of the preliminary in Columbia on July 18 when liquidafarm paper held by closed banks primary subject discussed. The farm paper held by closed banks will benefit the farmer by giving longer time lower terest retire his debt and will also benefit the depositor the closed bank by making ready cash for dividends. Only Spartanburg, Darlington Florence County bank officials participated in the first conference. result, praisers have been work county for the two weeks making inspections paratory per, was learned GenHarris, connected the credit The meeting, which Mr. Morgenthau will attend, will held the Jefferson Hotel at o'clock, according the notices. Officials representing banks and other financial requested to bring their farm credits to the conference. not known how many Spartanburg men will attend the meeting. large group attended initial conference on July Among them Albert Lohm, for the First tional Bank; Campbell, olina National Bank, Boyd the Southern Trust Company; Cannon, SparBank, conservator; Horace Bomar H. B. Chap man of the Central National Mr. Harris, Farm Credit here; R. Westmoreland, Employes Savings Bank, Pacolet; Gray, Woodruff First NationBank; Wolfe, Inman Bank receiver; Hatchett, of Chesnee, farm credit field resentative; John Landrum, Bank of Landrum; Drummond and Brockman, Bank of Woodruff receivers; and O. Hines, Bank of Chesnee receiver.


Article from The Greenville News, September 1, 1933

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Article Text

County Real Estate Is Sold For $4,506 A valuation of $4,506 was placed on the Greenville county real estate transferred yesterday Included in the four realty transactions recorded by Ira A. Gresham, register of mesne conveyance. were the following E. Inman master to J. E. Brock and C. M. Drummond, as receivers for the Bank of Woodruff. for $500, property in the Chick Springs township. W. P Nesbitt to E. A. Coker. for $1, property in the Fairview townMary O. Drummond to Drummond, for $5, property in the Fairview township.