S. H. Loftin - Kinston, NC

Episode Information

Episode UID: 8150664191217
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 815066419 hash
Start Date: May 21, 1901
Location: Kinston, North Carolina (35.263, -77.582)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 9f0180e085fc2912

Response Measures

None

Description

OCR shows Laftin in one place; corrected to Loftin consistent with rest of text.

Events (2)

1. May 21, 1901 Receivership

Newspaper Excerpt: He made an assignment today. His liabilities are about one hundred thousand dollars. B. W. Canady and W. D. Pollock are the assignees.
Source: newspapers

2. May 21, 1901 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Made an assignment due to liabilities of about $100,000; assignees named to settle affairs.
Newspaper Excerpt: Mr. S. H. Loftin, banker/and merchant, Kinston, N. C., made an assignment today.
Source: newspapers

Newspaper Articles (1)

1. May 22, 1901 The News & Observer Raleigh, NC

Article from The News & Observer, May 22, 1901

Click image to open full size in new tab

Article Text

A ONE HUNDRED THOUSAND DOLLAR FAILURE AT KINSTON Mr. S. H. Laftin Makes an Assignment. He Enjoys the Full Confidence of the People and no Panic is Anticipated. has been prominently identified with the (Special to News and Observer.) progress of Kinston, and has at all times Newbern, N. C., May 21.-S. H. Loftin, enjoyed, as he does yet, the confidence banker/and merchant, Kinston, N. C., of the Kinston people. No panic will be made an assignment today. His liabilioccasionel there, as those interested will ties are about one hundred thousand dolawait with patience the closin up of the lars. B. W. Canady and W. D. Pollock bank's affairs by the assignees, who enjoy are the assignees. This is quite a shock to the Kinston in a large measure the confidence of the public. Mr. Loftin for a number of years people.