Article Text
Bank Shuts Its Doors. The doors of the Bank of Kinston. N. C., closed. S. H. Loftin, proprietor of the bank. having assigned with liabilities amounting to more than $100,000. The failure has caused a money panic in Kinston.
Bank of Kinston (Kinston, NC)
Episode Information
- Episode UID
9001503791218- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
900150379hash - Start Date
- June 4, 1901
- Location
- Kinston, North Carolina (35.263, -77.582)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
d36743d08b26a265
Response Measures
None
Description
Owner S. H. Loftin assigned with liabilities, indicating failure/insolvency.
Events (3)
1.
June 4, 1901
Other
- Newspaper Excerpt
- The failure has caused a money panic in Kinston.
- Source
- newspapers
2.
June 4, 1901
Receivership
- Newspaper Excerpt
- S. H. Loftin, proprietor of the bank, having assigned with liabilities amounting to more than $100,000.
- Source
- newspapers
3.
June 4, 1901
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Proprietor S. H. Loftin assigned (failed/insolvent) with liabilities over $100,000, leading to closure.
- Newspaper Excerpt
- The doors of the Bank of Kinston, N. C., closed. S. H. Loftin, proprietor of the bank, having assigned with liabilities amounting to more than $100,000.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Bank Shuts Its Doors. The doors of the Bank of Kinston, N. C., closed. S. H. Loftin, proprietor of the bank. having assigned with liabilities amounting to more than $100,000. The failure has caused a money panic in Kinston.