Peoples Banking Company - Smithsburg, MD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 5, 1935
Location: Smithsburg, Maryland (39.655, -77.573)

Metadata

Model: gpt-5-mini
Short Digest: b03c79b0

Response Measures

None

Description

Article (The Washington Times, 1935-03-05) reports a receiver (John J. Chinger) for the Peoples Banking Company, Smithburg/Smithsburg, MD, and authorization to prosecute assessments against stockholders. No run is described in the excerpt; receiver appointment implies the bank was closed/permanently taken into receivership. Corrected OCR place name to Smithsburg. Bank type not specified in text.

Events (1)

1. March 5, 1935 Receivership

Newspaper Excerpt: An order empowering John J. Chinger, receiver for the Peoples Banking Company, Smithburg, to employ William H. Bovey, of Hagerstown, attorney, in the prosecution of assessments against stockholders of the bank, was signed by Judge Frank G. Wagaman.
Source: newspapers

Newspaper Articles (1)

1. March 5, 1935 The Washington Times Washington, DC

Article from The Washington Times, March 5, 1935

Click image to open full size in new tab

Article Text

Bank Assessment Prosecution Near HAGERSTOWN. Md., March 5 (Special). .-An order empowering John J. Chinger, receiver for the Peoples Banking Company, Smithburg, to employ William H. Bovey, of Hagerstown, attorney, in the prosecution of assessments against stockholders of the bank, was signed by Judge Frank G. Wagaman.