Peoples Bank (Hartwell, GA)

Episode Information

Episode UID
8920752291357
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
892075229 hash
Start Date
January 10, 1913
Location
Hartwell, Georgia (34.353, -82.932)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
317cad10960d0b73

Response Measures

None

Description

Articles state state bank examiner declared the bank insolvent and a receiver was appointed; successor state depository named.

Events (3)
1. January 10, 1913 Receivership
Newspaper Excerpt
A. N. Alford, of Hartwell, was Wednesday afternoon appointed ... to be temporary receiver for the People's Bank of Hartwell
Source
newspapers
2. January 10, 1913 Suspension
Cause
Bank Specific Adverse Info
Cause Details
State bank examiner found capital impaired over 10% and bank insolvent and unable to pay depositors.
Newspaper Excerpt
A. N. Alford ... was ... appointed ... temporary receiver for the People's Bank of Hartwell, which has been declared insolvent by State Bank Examiner W. J. Speer.
Source
newspapers
3. January 20, 1913 Other
Newspaper Excerpt
The Bank of Hartwell today was designated a state depository, to succeed the People's bank, of Hartwell, which is now in' the hands of a receiver.
Source
newspapers

Newspaper Articles (5)
1. January 15, 1913 Keowee Courier Walhalla, Pickens, SC
Article from Keowee Courier, January 15, 1913

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Article Text

Receiver for Hartwell Bank. (Atlanta Journal, 10th.) A. N. Alford, of Hartwell, was Wednesday afternoon appointed by Judge D. W. Meador, of Elberton, to be temporary receiver for the People's Bank of Hartwell, which has been declared insolvent by State Bank Examiner W. J. Speer. An investigation by the State Bank Examiner showed that the bank, which is capitalized at $32,100, owed its depositors about $2,000, which it is unable to pay at this time. Ascertaining that the capital stock of the bank had been impaired to an extent greater than 10 per cent, the bank examiner declared it insolvent. It is believed that the receiver will within a short time be in position to pay the depositors every cent due them.

2. January 20, 1913 Atlanta Georgian Atlanta, GA
Article from Atlanta Georgian, January 20, 1913

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Article Text

NEW STATE DEPOSITORY. The Bank of Hartwell today was designated a state depository, to succeed the People's bank, of Hartwell, which is now in' the hands of a receiver.

3. January 20, 1913 Atlanta Georgian Atlanta, GA
Article from Atlanta Georgian, January 20, 1913

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Article Text

NEW STATE DEPOSITORY. The Bank of Hartwell today was designated a state depository, to succeed the People's bank, of Hartwell, which is now in the hands of a receiver.

4. January 20, 1913 Atlanta Georgian Atlanta, GA
Article from Atlanta Georgian, January 20, 1913

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Article Text

NEW STATE DEPOSITORY. The Bank of Hartwell today was designated a state depository, to succeed the People's bank, of Hartwell, which is now in the hands of a receiver.

5. January 21, 1913 Atlanta Georgian Atlanta, GA
Article from Atlanta Georgian, January 21, 1913

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Article Text

NEW STATE DEPOSITORY. The Bank of Hartwell today was designated a state depository, to succeed the People's bank, of Hartwell, which is now in the hands of a receiver.