90. Bank of Carrollton (Carrollton, AL)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
September 27, 1900
Location
Carrollton, Alabama (33.262, -88.095)

Metadata

Model
gpt-5-mini
Short Digest
997af546cd1f3f57

Response Measures

None

Description

1900 article references a bank opening in Carrollton (founder J.S. Hanley) but gives no continuity; the 1932 Pickens County Herald notice (OCR-corrected) states the State Superintendent of Banks took possession and is liquidating the Bank of Carrollton on/after January 29, 1932. This indicates a state closure/receivership rather than a depositor run. OCR corrections: 'Bank Car rollton' -> 'Bank of Carrollton'; 'Carollton' -> 'Carrollton'.

Events (3)

1. September 27, 1900 Other
Newspaper Excerpt
On yesterday the first bank ever known in Pickens County threw open its doors for business at Carrollton. This bank is founded by Mr. J. S. Hanley of Tuscaloosa, with Mr. George Michael of Demopolis as cashier.
Source
newspapers
2. January 29, 1932 Receivership
Newspaper Excerpt
liquidating Bank of Carrollton, Carrollton, Alabama. Notice hereby given to all persons who have claims against said bank ... within ninety days from January 29th, 1932.
Source
newspapers
3. January 29, 1932 Suspension
Cause
Government Action
Cause Details
State Superintendent of Banks took possession of the bank under Alabama code (notice dated January 29, 1932).
Newspaper Excerpt
have taken possession the properties of the Bank Carrollton, located at Carrollton, Pickens County, Alabama.
Source
newspapers

Newspaper Articles (2)

Article from The Age-Herald, September 27, 1900

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Article Text

IN HOTEL LOBBIES AND ELSEWHERE Astrologer Raphael's prophecies for this day, Thursday, September 27, 1900: "Avoid women and ask no favors." "Thou wilt have an unsettled year for thy business and family affairs, and they will cause thee much anxiety; run no risks with thy health or thy money." "A child born on this day will be careless and indolent, fond of its ease and seldom fortunate." "If a female, rather lucky in wedlock." Astrologer Raphael's prophecies for Friday, September 27, 1900: "Seek work and ask favors in the afternoon." "An active year awaits thee, and with care and prudence it will be a prosperous one; be careful of risks and speculations and avoid them." "A child born on this day will be pushing and active, and on the whole rather successful." "If a female, fortunate in marriage." "Go a-fishing.' Since last Monday rumors have been current throughout Birmingham that ugly discoveries had been made in the freight office of the Louisville and Nashville Railroad in this city. Nothing definite could be ascertained at the moment except that no blame could be attached to the character of any individual. It now seems that certain losses, amounting to about $15,000, have been incurred through error or misconstruction relative to certain merchandise bills. has to do with failure to collect certain money; and has absolutely nothing to do with the expenditure of money. It is understood that the personal integrity of no employe of the railroad company is involved: no employee has been discharged or asked to resign. That much is doubtless easy of ascertainment for any one. It is all purely a private business office business of the Louisville and Nashville Railroad Company; and the only excuse for this reference to it is to state as nearly as may be stated the actual facts upon which all rumors have been based. It is reasonably certain that Col. Charles W. Thompson of Macon will appeal to the State Democratic Executive Committee to determine whether he or Congressman Brewer is the regular Democratic nominee for Congress. The appeal may be made today, and the question settled three days hence; or there may be a brief postponement, though that is improbable. Colonel Thompson came to Birmingham last night. "Again, my friends, let me call` your attention to a fact that should cause a blush of shame to mantle the cheek of every Floridian who loves his state, or takes a pride in her institutions!" What is it? Alabamians will read, and giggle instead of blushing as they ought to, and as Floridians are supposed to be doing. "I know of no other state in the American Union, from the mining camp state of Nevada to the Empire state of New York, that does not provide a residence during his term of office for its chief executive!' Ca' awa', mon! ca' awa'! What aboot th' saer puir inns an' th' laudgin' hooses foorced 'pon Alabama's guv'ner, m' braw lahddie? "But in this state, when you elect your Governor and he goes to Tallahassee, in obendience to your command, the first thing he has to do is to find rooms at a hotel or a boarding house, where he may lodge with his family. If you shall visit Tallahassee at any time and the Governor should not be at his office, and you desire to see him, you must go around town and enquire for the Governor's boarding house. Think of this, my countrymen, and how unfavorably it must impress the stranger within our gates to be told that the great state of Florida does not furnish a mansion for its chief executive, and that he and his family are lodging in a boarding house. This does not comport with the honor and dignity of the state, and such a condition should not be allowed longer to continue!" Thot's a haver, mon, thot's a haver! Sic a muckle o' nonsense a body ha' no' seen lang syne! Huts-s-s, mon, huts-s-s! Ye'r' eeg-nurunt whiles! Th' rateable vaalues o' ye wee province o' guphers an' salamanders is just aboot 18,600,000 poon. Deegnity? Huts-s-s! Laudgin' hooses? Huts-s-s, mon, om aweary o' ye! Alabama, graand an' gloorious, hae rateable vaalues o' 50,000,000 poon sterlin', an' she's got nae mansion as muckle as 'd keep a moose; th guv'ner gangs awa' t' Moontgomerie t' bide in a public hoose! Else a wee cot whiles! Reedickerlous! Th' puir body has no' sae muckle as a modeel laudgin' hoose where t' tak 'is tea or rest croon. Fufty meellion poon rateable vaalues, an nae rates t' beel a deecent hoose f'r th' Guv'net Alabama's a domned sicht wursser thon Florida, mon! An thot's nae haver! Huts-s-s-s-s, mon! Huts-s-s-s! "The 'Legend of Sleepy Hollow' no longer applies to our little town, said Lawyer A. H. McClung of.historic Carrollton. "The whistle of the locomotive on the Carrollton Short Line Railroad, which connects us with the outside world, is heard only a mile and a half out of town, and President Cochrane assures us that the trains will be running into town in two weeks. "On yesterday the first bank ever known in Pickens County threw open its doors for business at Carrollton. This bank is founded by Mr. J. S. Hanley of Tuscaloosa, with Mr. George Michael of Demopolis as cashier. The new bank building is a beautiful brick structure that would be a credit even to your proud city of Birminghum. "Mr. E R. Calhoun has sold the Alliance-News, his Populist paper, to Mr. W. N. Dale of Wilcox County, who will make it a Democratic paper." A strong man knocked down in the street by an unloaded dray, and then slowly struggling to his feet and staggering to the curbstone where he reclined in frightful agony, was a sickening spectacle in Nineteenth street at high noon yesterday. The man was a tall, spare, athletic, good-


Article from Pickens County Herald and West Alabamian, January 28, 1932

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Article Text

NOTICE Under the authority vested me Section 6275 et seq. of the Code Alabama, have taken possession the properties of the Bank Car rollton, located at Carrollton, Pickens County, Alabama. Notice hereby given to all persons who have claims against said bank, but not including deposits shown by the books of the bank, to present the same to the and make legal proof thereof within ninety days from January 29th, 1932. Claims should filed with the of Banks, Montgomery, Alabama. MONTGOMERY of Banks of the State of Alabama, liquidating Bank of Carrollton, Carollton, Alabama. theatre now being operated under new management Fane.