Goldsboro Bank - Goldsboro, MD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 12, 1934
Location: Goldsboro, Maryland (39.034, -75.787)

Metadata

Model: gpt-5-mini
Short Digest: 67b59ba6

Response Measures

None

Description

Article (The Evening Sun, 1934-12-12) reports a dividend declared by the Goldsboro Bank and refers to action by receivers — indicating the bank had been closed and placed in receivership. No run or pre-suspension run is described in the excerpt.

Events (1)

1. December 12, 1934 Receivership

Newspaper Excerpt: Dividend Declared Goldsboro Bank, dividend of 242-7 per cent., involving $117,793.41 amount unclaimed $3,386.85.
Source: newspapers

Newspaper Articles (1)

1. December 12, 1934 The Evening Sun Baltimore, MD

Article from The Evening Sun, December 12, 1934

Click image to open full size in new tab

Article Text

their allottments. It has been through $111,230 LYING the action of receivers in sending letters to the last known addresses of the laggard depositors that they have UNCLAIMED IN 11 found failure to appear in some cases due death. Some Now Wandering BANKS IN STATE Regarding the other apparent plutocrats, various guesses are hazarded. Portion Of Dividends Salvaged From Closed Institutions [Continued From Page 1] cent., involving $692,543.70, amount unclaimed $4,380.83. Dividend Declared Goldsboro Bank, dividend of 242-7 per cent., involving $117,793.41 amount unclaimed $3,386.85. People's Bank of Somerset dividend of 20 per cent., involving $99,029.67 unclaimed $5,982.80 Citizens' Bank of Hurlock dividend of 20 per cent., involving $49,571.41 amount unclaimed $3,935.84. People's Bank of Smithsburg. dividend of 25 per cent. $88,442.60 amount unclaimed $2,621.27 Washington Trust Company of Ellicott City, dividend of 50 per cent., involving $174,608.15, amount unclaimed $679.75. The Deal's Island Bank declared dividend of ten per cent. on December 3. Sufficient time has not elapsed establish any figure of uncollected balances due. For that reason the figures involved in this distribution, the 10 per cent. amounting to $6,419.59, are not included here. In addition to these there are banks that are in the hands of conservators and that have not paid dividends and other banks that were taken over by other banking institutions. There are only few of the latter, one of them having been the Mercantile Savings Bank of Baltimore.