Union Bank - Franklinton, LA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 2, 1919
Location: Franklinton, Louisiana (30.847, -90.153)

Metadata

Model: gpt-5-mini
Short Digest: 0e08a5d3

Response Measures

None

Description

Newspaper notice is a receivership/liquidation sale for Union Bank of Franklinton, Louisiana. No article text describes any depositor run; this is a court-ordered liquidation with auction of assets (receivership). Dates in OCR are garbled; court order appears issued early October 1919 and recorded October 6, 1919, with auction slated November 29, 1919. Classified as suspension_closure because the bank is in liquidation/receivership and assets are being sold.

Events (3)

1. October 2, 1919 Suspension

Cause: Voluntary Liquidation
Cause Details: Court-ordered liquidation/receivership proceeding for Union Bank; assets to be sold at public auction as part of liquidation.
Newspaper Excerpt: IN THE MATTER OF LIQUIDATION OF UNION BANK. ... order of the ... District Court, issued 1919, second day ...
Source: newspapers

2. October 6, 1919 Other

Newspaper Excerpt: recorded on sixth the filed of October ... in the office ... Clerk of Court ... auction ... on Saturday ... 29th, 1919 ... to be sold ... property described hereinafter . . . Acting SHERIFF J. E. BATEMAN, Auctioneer . . . (notice of public sale of assets).
Source: newspapers

3. November 29, 1919 Receivership

Newspaper Excerpt: auction ... on Saturday, the 29th, 1919 ... all of the property ... to be sold ... in the matter of liquidation of Union Bank ...
Source: newspapers

Newspaper Articles (1)

1. October 30, 1919 The Era-Leader Franklinton, LA

Article from The Era-Leader, October 30, 1919

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Article Text

IN THE MATTER OF LIQUIDATION OF UNION BANK. STATE OF LOUISIANA, auPARISH OF WASHINGTON. that is hereby given by Notice order of the Twentythority Judicial of an District Court, issued 1919, second day the and recorded on sixth the filed of October, in the office Re- in duly Order Book in Parish, ceivership the Clerk of Court, this I will of the of above entitled matter, auction, at the sale, at public at fer for door of the Court House Parish, front Washington November Franklinton, Louisiana, on Saturday, the legal sale hours, 29th, 1919, all of the between property real estate hereinafter hereindescribed. described The to be sold on said the after shall be sold for cash of to apdate bidder, with benefit to praisement. highest said All date, other as property hereinafter in acdescribed, be sold on consisting of choses overdrafts, judgments, sold for tion, notes, bonds, shall be substocks and the highest bidder, with of cash to warranty even as to rogation, any kind, but without price. made said sales shall be Acting by J. All E. BATEMAN, of SHERIFF, Auctioneer. First REAL ESTATE 14, -Lots 9, 10, 7, 13 18 and and 19, square No. 402; Town lots 6, of Franklinton, prop- as per erty square plat acquired 403, of said by as town. the per Union deed Being recorded Bank 487. of M. M. Magee, Book 23, Page in Conveyance 2-Northeast (N. W. E. 1/4) 1/4) quar- quarter of northwest 343, (N. Tp. 1, S. R. 11 containing of east, ter of Section 39.96 acres. half of Also the west (W. 1/2) quarter (S. E. (1/4) southeast E. 1/4) of Section Mer., 331, southeast 1, S. R. (S. 12 east, St. Hel. Tp. containing 19.70 of acres. land in the southAlso 25 acres of Nathan Blackeast headright, (S. E.) part Tp. 1, S. Tullos. R. 13 east, acquired well from George Union Property acquired by Bank deed Babington-Bateman. as Book per 23, recorded of in Conveyance Page 187. 3-15.55 acres of land of in the the of No. (S. E. 1/4) quarter quarter southeast (S. W: 1/4 ). southwest 25, Tp. 2, S. R. 9 east, de- 10 Section Commencing corner of the of chains (S.E. 1/4) of 1/4) scribed the southeast west as follows: northwest quarter quarter of section, 7.50 chains, said the southeast township (S.E. and range, run 6 south 29 degrees, east degrees, east north thence chains; thence south 83 10 west degrees 6.50 16 chains; chains; east thence north 4 chains; thence east 5 thence 41 degrees, 6 to point of chains, south beginning. 2, chains Lot two (2), Section 34, Tp. S. R. 10 east. south (15) acres off the southeast part quarter, (S. E. 1 1/4) Fifteen of the east St. half Section Hel. of Mer., 29, Tp. acS. R. 11 east, by title in 1, from J. H. Hart quired Conveyance Record No. 15, Page of Angie. 109. Lots 50 and 54, block 9, Village Lot 9, square 21, Village of Hackley. Lots 2, 3 and 4, square 1, Village of Warnerton. Lot 1, square 4, Village of Zona. All of block 56, off except the east a strip side of 268.8 in feet the sold L. B. Pierce Addition thereof to the City of Bogalusa. above having been Babington acquired The Union Bank of in Conby the by title recorded by Bros., Ltd., Book 24, Page 339, and Bool veyance recorded in Conveyance Wash title Page 361 of the records of 25, ington Parish, Louisiana. 4- The northwest (N. W. W. 1/4 ) No. of the southwest (S. in 1/4) a quarter and ten (10) acres quarter southwest corner of northwest (N. R. square of the southwest in the (S. W. W. 1/4 1/4) quarter quar- 10 the in Section 30, Tp. 2, S. from ter St. Hel. Mer., acquired BateHezzie east, Magee, by through title J. recorded E. in man, Conveyance Sheriff, Book 27, Page 639. 5-An undivided eleven-twen- north No. (11-20) interest in the E. 1/4) tieths of the northeast (N. S. R half of Section 34, Tp. 1, by quarter east, St. Hel. Mer., acquired Crain and the 12 Union Bank of Louis T. J. Simmons, T. A. Crain, through title recorded in ConSheriff, by 95. veyance Book 28, Page 6-Farm tract No. 1113, farm ten acres of containing block No. No. 67, farm division land, No. of more Dr. 1, as shown by the maps or less, F. Simmons, Atascosa County, all of Chas. 95,000-acre subdivision, S. L. Texas, which maps were prepared by office and are on file in the Clark, of the County Clerk of Atascosa County, Texas.