Greensboro Bank Securities Company (Greensboro, NC)

Episode Information

Episode UID
8612413591599
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
861241359 hash
Start Date
March 1, 1933*
Location
Greensboro, North Carolina (36.073, -79.792)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2cecc49f1a7b2f97

Response Measures

None

Description

The company is identified as a subsidiary of the United Bank and Trust Company and was placed in receivership.

Events (2)
1. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Placed in receivership by court order, likely following the failure of its parent company, United Bank and Trust Company.
Newspaper Excerpt
W. W. Woodley, Jr.. permanent receiver of the Greensboro Bank Securities company... filed in Superior court Friday notice to creditors
Source
newspapers
2. March 31, 1933 Receivership
Newspaper Excerpt
W. W. Woodley, Jr.. permanent receiver of the Greensboro Bank Securities company, Greensboro Bond and Mortgage company. and Greensboro Title company, filed in Superior court Friday notice to creditors to file their claims
Source
newspapers

Newspaper Articles (2)
1. March 31, 1933 The Greensboro Record Greensboro, NC
Article from The Greensboro Record, March 31, 1933

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Article Text

Creditor Notice Has Been Filed W. W. Woodley, Jr.. permanent receiver of the Greensboro Bank Securities company, Greensboro Bond and Mortgage company. and Greensboro Title company, filed in Superior court Friday notice to creditors to file their claims with him not later than July 1. The receiver will file his report of claims July 8. and claimants and other interested persons may appear to make exceptions thereto not later than the first three days of the term of Superior court which will convene July 10.

2. April 25, 1933 News and Record Greensboro, NC
Article from News and Record, April 25, 1933

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Article Text

Bank Subsidiaries Receiver Authorized to Employ Help Orders designating the Wachovia Bank and Trust company as depository for the receivership funds and authorizing the receiver, W. W Woodley, to employ an assistant and stenographer have been signed by Judge H. Hoyle Sink, of Superior court, in the actions against the Greensboro Bond and Mortgage company, Greensboro Bank Securities company and the Greensboro Title company, subsidiaries The United Bank and Trust company The receiver was authorized to em. ploy Alan Turner, local real estate man, as assistant in the management the affairs of the Greensboro Bond and Mortgage company, at salary of $62.50 Employment, of Miss Bonnie Fogleman as stenographer for the three concerns at salary of $75 monthly was also authorized.