Peoples Bank (Fountain Inn, SC)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
February 2, 1927
Location
Fountain Inn, South Carolina (34.689, -82.196)
Bank Type
state
Routing Number
67-0245

Metadata

Notes

Contemporary notices show a receiver acting for the bank and multiple property sales, indicating permanent closure.

Events (9)

1. February 2, 1927 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership (receiver named, court/legal actions filed)
Newspaper Excerpt
South Carolina Savings Bank, Receiver for People's Bank of Fountain Inn
Source
newspapers
2. April 5, 1927 Receivership
Newspaper Excerpt
E. Inman, master, to South Carolina Savings Bank as receiver to the Peoples Bank of Fountain Inn, lot in Fountain Inn, valued at $60
Source
newspapers
3. December 11, 1927 Receivership
Newspaper Excerpt
S. C. Savings bank, receiver, to C. C. Good ... James M. Richardson to S. C. Savings bank, receiver for People's bank, of Fountain Inn
Source
newspapers
4. December 31, 1927 Receivership
Newspaper Excerpt
South Carolina Savings Bank, as Receiver for The Peoples Bank of Fountain Inn, Plaintiff ... Master's sale Jan. 2nd, 1928
Source
newspapers
5. December 13, 1928 Receivership
Newspaper Excerpt
South Carolina Savings bank, receiver for the Peoples bank Fountain Inn. to Putnam $10 and other 73.5 acre tract
Source
newspapers
6. March 26, 1929 Receivership
Newspaper Excerpt
South Carolina Savings Bank, Receiver of The Peoples Bank of Fountain Inn, SUMMONS FOR RELIEF
Source
newspapers
7. April 19, 1930 Receivership
Newspaper Excerpt
South Carolina Savings bank receiver for the Peoples bank of Fountain Inn. to J. W Turner for $1,335
Source
newspapers
8. April 11, 1931 Receivership
Newspaper Excerpt
South Carolina Savings bank as receiver for the Peoples Bank of Fountain Inn
Source
newspapers
9. December 19, 1931 Receivership
Newspaper Excerpt
E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $400
Source
newspapers

Newspaper Articles (10)

Article from The Greenville News, February 4, 1927

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Article Text

LEGAL NOTICE.

STATE SOUTH CAROLINA, COUNTY OF GREENVILLE COURT OF COMMON PLEAS W. D. PLAINTIFF

W A. Wallace. B. Martin and 11. K. Townes as Trustees for Realty and Investment Co., W. D. Workman. Maud Harrison, Admix, Cyclone Fence Co., Curran B. Earle. Citizens Lumber Company. Alester G Furman C. Good, M Richardson. Individually and Attorney, South Carolina Savings Bank Receiver for People's Bank of Fountain Inn, S. C., F. C. Zaglin, Camp. bell Tile and Mantel Huntington & Guerry, F. J. Coolidge & Sons, Margaret M. Strader. Henry McGee. Annie M. Beaty, R. R. Griffin. Wm. Goldsmith as and Trustee for Greenville Community Hotel Corp. John Russell F. G. Mauldin, American Bank Trust Co., American Building Loan Asso, Jas. West. Defendants SUMMONS FOR RELIEF (Complaint served) TO THE DEFENDANTS ABOVE NAMED: You are hereby summoned and required to answer the complaint in this action. of which copy herewith served you. and to ser copy of your answer to the said complaint the subscriber his office. Chamber of Commerce Building. Greenville, South Carolina within twenty days after the serv. ice hereof. exclusive of the day of such service; and you fail to answer the complaint within the time aforesaid, the plaintiff in this action will apply to the Court for the relief demanded in the complaint within the time afresaid, the plaintiff in this action will apply to the Court for the relief demanded in complaint. Dated Feb. 2nd, 1927 WYATT AIKEN. Attorney for Plaintiff HARRY A DARGAN. Clerk C. To the non-resident defendant: W. Wallace. Take notice that the complaint in this action, together with the summons, of which the foregoing is a copy, was filed in the office of the Clerk of Court Common Pleas and General Sessions for the County of Greenville, at Greenville, S. C., this 3rd day of February, 1927.

WYATT AIKEN, Attorney for Plaintiff

STATE SOUTH CAROLINA, COUNTY GREENVILLE COURT OF COMMON PLEAS Maye W. Webb, Plaintiff against C. O. Hobbs, W. Wallace, H. B. Bates, Southern Motor Company, F. B. Lynch, Palmetto National Bank. Wyatt Aiken, individually and as Trustee of the bankrupt estate of H. B. Bates, Defendants. To the Defendants above named: You are hereby summoned and required to answer the complaint in this action, which filed in the of. fice of the Clerk Court of Common Pleas for Greenville County. and to serve copy of your answer to the said complaint on the subscriber at his office Masonic Temple, Greenville, S. C., within twenty days after the service hereof, exclusive of the day of such service: and if you fail to answer the complaint within the time aforesaid, the plaintiff-in this action will apply to the Court for the relief demanded in the complaint. M. BLYTHE Attorney for Plaintiff. Dated February 2. 1927. To Absent Defendants, W. Wallace and F. Lynch: YOU WILL PEASE TAKE NOTICE That the Summons and Complaint the above entitled were filed in the office of the Clerk of Court of Pleas for Greenville County on February 3, 1922. E. M. BLYTHE, Attorney for Plaintiff February 1927.

MASTER'S SALE STATE OF SOUTH CAROLINA, COUNTY OF GREENVILLE, COURT OF COMMON PLEAS Pursuant to an Order of the Court in the case of W. Norwood, Plaintiff, T. R. Allen, and E. P. Riley, as Trustee in Bankruptcy for T. R. Allen, Bankrupt, Defendant, will sell at public auction to the highest bidder, in or in front of the County Court House Greenville, S. C., during the legal hours of sale on salesday in February. the same be ing the 7th day of February, 1927. the following described real estate: "All that piece, parcel or lot of land in Austin Township, Greenville County, State of South Carolina, in the Town of Mauldin, described as follows: Beginning at an iron pin at the of Greenville and Laurens Road and Jenkins Street, and runaing thence along Jenkins Street 144 feet. more less to iron pin, corner of lot now or formerly belonging to Maude Swicewood, 156 feet, hore less, to an iron pin on line of property of Frank Schaver thence with the line of the said Frank Schaver 144 feet, more or less, the Greenville and Laurens Road; thence down the Greenville and Laurens Road 156 feet, more or less, to the beginning corner, being the property conveyed to T. R. Allen by R. E. Griffin." Terms of sale, cash; purchaser to pay for papers and stamps. INMAN, Master, Greenville County. January 21, 28; February 4.


Article from The Greenville News, April 5, 1927

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Article Text

VALUABLE LANDS ARE TRANSFERRED

Property Valued At $26,000 Involved In Transactions Recorded

Property valued at $26,000 was inVolved in real estate transfers yesterday filed in the office of James R. Bates, register of mesne conveyance for Greenville county. Deeds filed were as follows: L. A. Mills to Julia A. Eskew, 20 acres on Augusta road about five miles south of Greenville, value about $6,000. Jasper Batson to R. E. Benson, 23 acres in Bates township on White Horse road, value about 500. Maxwell Williams to L. G. Poole, tract in Marietta in Bates township on Tigerville road, value about $1,-

Anna P. Nichols to Jack Childers. lot near Brockman St., valued at $750. J. A. Kinard to Miss L. Winslow, 57 1-2 acres Oaklawn township, valued at $7,000. Julia A. Eskew to L. A. Mills, lot 11 Belmont avenue, Alta Vista, valued at $7,000. T. E. Smith to J. B. Mendenhall Sr., and W. L. James, lot Greenville county, valued at $500. Farmers Bank and Trust company of Greer to J. B. Mendenhall and W. L. James, lot on Trade street, Greer, valued at $250. E. Inman, master, to South Carolina Savings Bank as receiver to the Peoples Bank of Fountain Inn, lot in Fountain Inn, valued at $60. Stowah Realty company to D. W. Payne, lot 6, block 1. Corolando Estates, valued at $500. Martha A. Knight to B. R. Ledbetter, part lot 20, block H., Melrose, valued at $500. N. J. James to J. A. Turner, lot Pearl avenue, valued at $1,000.


Article from The Greenville News, December 11, 1927

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SEVEN TRANSFERS FILED YESTERDAY

Greater Number Of Realty Deeds Filed Involve Lots Near The City

Seven real estate transfers, representing comparatively small exchange of funds, were filed yesterday in the office of James R. Bates, register of mesne conveyance, as follows: Roy L. Bozeman, as trustee, to J. A. Floyd for $10 and other considerations. property described as lot Montgomery avenue; value approximately $1,240. R. P. Bowen to Eliza A. Fayssoux for $10 and other isiderations, property described as lot 10 Memminger street value unfixed Roy Macomson to C. M. Smith for $100, property described as lot 353 plat Lake Lanier. W. R. Timmons to J. H. Bayne for $10 and other considerations, property described as 10 lots City View; value about $3,250. E. Inman, master, to Jasepr Hughes for $425, property described as 29.5 acres Highland township. S. C. Savings bank receiver, to C. C. Good for $10 and other considerations, property described as lots near city: value unfixed. James M. Richardson to S. C. Gavings bank, receiver for People's bank, of Fountain Inn for $10 and other considerations, property described as lots near city; value unfixed.


Article from The Greenville News, December 31, 1927

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MASTER'S SALE. STATE OF SOUTH CAROLINA COUNTY OF GREENVILLE, COURT OF COMMON PLEAS Pursuant to Decree of the Cours in the case of South Carolina ings Bank, as Receiver for The Peoples Bank of Fountain Inn, Plaintiff, B. Babb, et al, Defendants, will sell public auction to the highest bidder, in or in front of the County Court House Greenville, during the legal of sale salesday January, the same being the 2nd day of January 1928, the described real estate: (1) "All that certain piece, parcel lot of land situate in the Town Fountain County and State aforesaid, containing 7-10 acres, more less, located on Western Street, bounded by lands of Adams, Mrs. Annie Kellett others, and being the same lot veyed by Mrs. Annie Kellett on 1907, Lurah Rader and Lurah Rader Nash on March 17, 1909, said deeds having been recorded in the for Greenville Coun April in Deed Book Page and on December Deed Book Page 212, and being the same conveyed to B. Babb by S. Helson on Jan. 1919, by deed recorded in Deed Book 34 Page 347; reference to deeds being made for fuller and more (2) "Also: All that other certain parcel tract land lying and being in the State of South Carolina, Greenville County and near the town of Fountain Inn, acres, more or less, bounded by lands Thomason, A. S. Peden, Mrs. Martin, and others, and being the same lands conveyed Babb by Armstrong by deed dated Dec. 31. 1919, and recorded the office R. M. for Greenvill County in Deed Book 56, Page The bidder, the tract above described quired deposit with the the sum $500.00 and ful bidder the second described will require with the Master the for the purpose and Terms of sale, the Decree of Court Terms of sale pay for papers and

Master, Gre


Article from The Greenville News, December 13, 1928

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Four Transfers Of Property Yesterday

Four realty transfers were yesterday filed in the office of James R. Bates, register of mesne conveyance, as follows: Meadows to W. Putnam for $10 and other consideration, 26-acre tract near Fountain Inn, approximate value $5.000. South Carolina Savings bank, receiver for the Peoples bank Fountain Inn. to Putnam $10 and other 73.5 acre tract Oaklawn township. approximate value Constance Albert Kalil Howard for $10 and other consideration. on the and G. R. railway. ward approximate value $500. Rosa Cason to Putnam for $10 consideration. 41.5 acres in township, approximate value


Article from The Greenville News, March 26, 1929

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LEGAL NOTICES

STATE OF SOUTH CAROLINA, COUNTY OF GREENVILLE COURT OF COMMON PLEAS South Carolina Savings Bank, Receiver of The Peoples Bank of Fountain Inn,

SUMMONS FOR RELIEF Complaint not Served) Vs.

B. F. Sherman and H A. Rodgers, Defendants To the above named defendants You are hereby summoned and required to answer the complaint herem, which was filed in the office of the Clerk of Court for Greenville County on the 11th day of March 1929. and to serve a copy of your answer to the said complaint on the subscriber at his office 404 Masonic Temple, Greenville, S C. within twenty days after the such service: and if you fail to an swer the complaint within the time aforesaid the plaintiff in this action will apply to the court for the relief demanded in the complaint. JAS. M. RICHARDSON, Plaintiff's Attorney Dated March 11th, 1929 T. E. Christenberry Clerk of Court Common Pleas To the non-resident defendant, B P. Sherman: You are hereby summoned and required to answer the complaint in this action, the original of which was filed in the office of the Clerk of Court for Greenville County on the 11th day of March A. D., 1929 and you hereby served by pub-


Article from The Greenville News, May 5, 1929

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Public Flogging Employed In This State Years Ago

TRANSFERS

Thirteen Deeds Recorded For City And County Proper

Thirteen realty transfers, involving an approximate total of $13,000, were recorded yesterday at the office of James R Bates, register of mesne conveyance. The deeds were filed as follows: B. Cox to George B. Derrick $10 lots Taylors, about Realty company Jones $10 other tions, lots on the Saluda Dam road, valu about and Ethel Jenkins to Tanner for $10 and other considerations. three acres in Chick Springs township, value about R. Watson to B. Black for $10 and other erty in Chick Springs township, value $500 Ethel Jenkins Black to Black for $10 and other three acres in Chick Springs value approximately $500. South Carolina Savings bank, receiver Peoples Bank Fountain Inn, to Mrs. Nannie Cox $340. and near Fountain Inn. Mrs. S. Bule to W. A Merrell for $10 and block street, and 123 City View. valued at about $1,000.


Article from The Greenville News, April 19, 1930

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DEED RECORDED FOR CAMPERDOWN

Camperdown Company, Inc., Buys Plant For $270,000 -Deed Is Filed

Deed for the sale of Camperdown mills to the Camperdown company, Inc. for $270,000 was filed yesterday at the office of J. Walter Moon register of mesne conveyance Ales. ter G. Furman bought the plant for the firm. The land and buildings were valued at $205,000 and the machinery at $65.000 Other realty transfers placed on

Q. Ricker to W. McAlister and W. R. Neely for $10 and other valuable considerations, property in Park Place, valued at approximately $800. T. B. and J. Bramlett to J. C. Cunningham for $500 four acres in Oneal township. South Carolina Savings bank receiver for the Peoples bank of Fountain Inn. to J. W Turner for $1.335 property on the Fork Shoals road near Fountain Inn. J.B. Southern and D R. Cain to Remus Rouda for $2.000. property on the new White Horse road H B. Tindall as executor for the estate of Sella K. Tindal to H Martin for $2,000, property on Jones avenue Earline C. Lanford to M. C. and Markie B. Reese for $10 and othor valuable considerations. property on Westmoreland avenue in Greer. valued at approximately $1,-


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TWO GREENVILLE CASES

Supreme Court Hands Down Decisions In Real Estate Tangles

COLUMBIA, Apr. 10-Two Greenville cases were decided by the state supreme court, in opinions handed down today. One of the cases is titled, South Carolina Savings bank as receiver for the Peoples Bank of Fountain Inn, versus M. Stansell, appellant, in regard South Carolina Savings bank receiver for the Peoples Bank of Fountain Inn, plaintiff, versus Rose Stansell Boggs, Ethel Stansell, Mary Stansell Coker. John Stansell, Sarah Stansell, and Roy Stansell, defendants. The case involving division of an estate Twelve years ago Mrs. Lula Stansell four of her children mortgaged their 48 to the Peoples Bank of Fountain Inn. In later years the mortgage was transferred the South Carolina Savings bank. In recent years the bank brought action against the six children Mrs. Stansell for partition of the property. with view to coller In Judge H ordered sale of the land Stansell put bid for Stansell later refused comply with the bid, and Judge Mauldin ordered compliance. From this order Stansell appealed. The supreme court affirms the order of Judge Mauldin, the opinion of the court being prepared by JusStabler. The other case is that of J. Pace, respondent, versus Ethel Still, with Leroy Mahaffey and Gallivan are appellants. An opinion Associate Justice Cothran modifies the lower court's decision in this case, which involves settlement of a mortgage on real estate. Action was brought to foreclose mortgage given by Ethel Still to L. Pace, in April 1928, to secure of herself and her husband, R. B. Still, for $4,000 The mortgage was on two tracts of land in suburb of Greenville, including ten acres. Mr. Mahaffey bought piece property at Sans Souci from George for $8,500 He borrowed $5,900 from Gallivan and gave security mortgage and note which R. B. Still had given him on the acres. The suit was brought collection. The court orders the matter manded to the circuit court, with authority for the complain to be amended so as to bring into the case the matter foreclosure the Gallivan mortgage upon the Koester


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$5,221 IN REAL ESTATE CONVEYED

Nine Deeds Filed By County Register In Record Of Deals

Real estate trading in Greenville county showed signs of new life yesterday as Ira A. Gresham, register of mesne conveyance, filed deeds recording transfers of Greenville county property valued at more than $5,221. The realty transactions follow: S. R. Smith to Clarence Smith, for $10 and other considerations, tract of 30 acres on the PelhamGeer road. W. H. Moore to L. L. Ferebee, for $1,100, five acres near Paris station and three acres on the Beverly road. John F. Graydon to J. P., and W. W. Kellett, for $1,400, tract of 56 four miles from Fountain Inn. S. R. Smith to Gordan Smith, for love and affection. tract of 30 acres on the Pelham-Geer road. William J. Howard to W. J. Wood, for $860, two acres on Cemetery street in Geer E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $400, tract of 26 acres in the Dunklin township. E. Inman, master, to the Farmers Bank of Simpsonville, corporation, for $100, tract of 50 acres in the Austin township. E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $1,050, tract of 46 acres on the Sandy Springs road. E. Inman, master, to the South Carolina State bank, as receiver for the Peoples Bank of Fountain Inn. for $300, tract of 26 acres in the Dunklin township.