Orangeburg National Bank - Orangeburg, SC

Episode Information

Episode UID: 1067401576
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 106740 national
Charter Number: 10674
Start Date: April 9, 1931
Location: Orangeburg, South Carolina (33.492, -80.856)

Metadata

Model: gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 3b8ab2223e03d618

Response Measures

None

Receivership Details

Depositor recovery rate: 28.2%
Date receivership started: 1931-04-09
OCC cause of failure: Losses
Share of assets assessed as good: 7.5%
Share of assets assessed as doubtful: 79.9%
Share of assets assessed as worthless: 12.6%

Events (5)

1. January 2, 1915 Chartered

Source: historical_nic

2. January 8, 1929 Voluntary Liquidation

Source: historical_nic

3. April 9, 1931 Receivership

Source: historical_nic

4. April 9, 1931 Receivership

Newspaper Excerpt: Notice is hereby given to all persons who may claims against The Orangeburg National Bank, South Carolina, that the same must be presented to Beverley Herbert, Receiver
Source: newspapers

5. April 9, 1931 Suspension

Cause Details: Bank entered receivership on this date.
Source: newspapers

Newspaper Articles (1)

1. August 18, 1931 The Times and Democrat Orangeburg, SC

Article Text

Notice to Trespasses. Notice is hereby given that the land in Union Township, Orangeburg County, do forbid hunting, fishing trespass on their lands been posted to Any trespassers will be prosecuted according to law. G CLECKLEY E. R. WALTER TREASURY Office of the Comptroller of the Currency, Washington, D. C. May 21st, 1931 Notice is hereby given to all persons who may claims against The Orangeburg National Bank, South Carolina, that the same must be presented to Beverley Herbert, Receiver, at Columbia, Carolina. the legal proof thereof within three months from this date or they may be disallowed. W. POLE Comptroller of the Currency New Gatti. Italian going into the Congo seek gorilla, which natives have reported to be larger than any specimens