gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8e5f4c4dbe17c02b
Response Measures
None
Events (3)
1.May 18, 1893Run
Cause
Bank Specific Adverse Info
Cause Details
Depositors reacted to the suicide of the Oglethorpe National Bank president and ensuing revelations/financial embarrassments of local banks and speculation by bank officers.
Measures
Met all demands as presented; paid withdrawals promptly.
Newspaper Excerpt
A slight run was commenced on the Brunswick State Bank, but it met all demands.
Source
newspapers
2.May 26, 1893Suspension
Cause
Bank Specific Adverse Info
Cause Details
Rumors and concerns about unpaid drafts and the bank's condition led directors to temporarily close the bank; state funds were on deposit and investigation followed.
Newspaper Excerpt
The Brunswick State Bank did not open for business this morning, and remained closed all day.
Source
newspapers
3.June 30, 1893Receivership
Newspaper Excerpt
Edwin Brobston, a prominent young business man, was to-day appointed permanent receiver of the Brunswick State Bank. Frank E. Cunningham...was indicted...the broken State Bank was insolvent and receiver Brobston appointed permanent receiver of the Brunswick State Bank (June 30). (article dated June 30, 1893).
Source
newspapers
Newspaper Articles (23)
1.May 19, 1893The Record-UnionSacramento, CA
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COMMITTED SUICIDE. The Way & Georgia Bank President Répaid a Loan. BRUNSWICK (Ga.), May 18.-M. Ullman, President of the Ogelthorpe National Bank, committed suicide in a toilet-room this morning. Beside being President of the Ogelthorpe Bank, he was President of the Brunswick Brewing and Ice Company and a line of river steamers, and was a large stockholder in various enterprises. President Burthage of the First National Bank requested Ullman to repay a loan made the day before. "All right, wait a moment," said Ullman, stepping into the toilet-room. A moment later Burthage heard a report. Ullman was found sitting upright with a bullet hole in the center of his forehead. The news spread rapidly and depositors started a run, and in a few minutes the Oglethorpe National Bank closed its doors, followed immediately by the First National Bank. A slight run was commenced on the Brunswick State Bank, but it met all demands. Mayer & Ullman, wholesale grocers, closed temporarily. The Brunswick Brewery and Brunswick Cotton Factory will also close temporarily. The Oglethorpe Bank was capitalized at $150,000, and the First National at $200,000. The officers of both banks say the claims will be paid in full.
2.May 19, 1893The Seattle Post-IntelligencerSeattle, WA
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GEORGIA BANKER'S SUICIDE. M. Ulmann, of Brunswick, Kills Him. self in the Bank. BRUNSWICK, Ga., May 18.-M. Ulmann, president of the Oglethorpe National bank, committed suicide in the toilet room of the bank this morning. Besides being president of the Oglethorpe bank he was president of the Brunswick Brewing and Ice Company and ran a line of river steamers and was a large stockholder in various enterprises. President Burthage, of the First National bank, requested Ulmann to repay a loan made the day before. "All right: wait a moment," said Ulmann, stepping into the toilet room. A moment later Mr. Burth. age heard a report and Ulmann was found sitting upright with a bullet hole in the center of his forehead. The news spread rapidly, and depositors started a run. In a few minutes the Oglethorpe National bank closed its doors, and was followed almost immediately by the First National A run was commenced on the Brunswick State bank. but it met all demands. Mayor & Uimaan, wholesale grocers, closed temporarily, The Bruns. wick brewery and Brunswick cotton factory will also close temporarily. The Oglethorpe bank was capitalized at $150,000 and the First National at $200,000. The officers of both banks say that the claims will be paid in full.
3.May 19, 1893The HeraldLos Angeles, CA
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A BULLET THROUGH HIS BRAIN, The Sensational Suicide of a Bank President. He Was Asked to Repay a Loan Which Embarrassed Him. Several Banks and Other Business Institutions Suspended in Consequance of the Tragedy, Financial News. / By the Associated Press. BRUNSWICK, Ga., May 18. --- -M. Ullman, president of the Ogelthorpa National bank, committed suicide in a toilet room this morning. Besides being president of the Ogelthorpe bank, he was president of the Brunswick Brewing and Ice company and a line of river steamers and a large stockholder in various enterprises. President Burthage of he First National bank requested Ullman to repay a loan made the day before. "All right wait a moment," said Uullman, stepping into the toilet room. A moment later Burthage heard the report of a pistol. Ullman was found sitting upright with a bullel hole in the center of his forehead. The news spread rapidly, and the depositors started a run. In a few minutes the Ogelthorpe National bank closed its doors, followed almost immediately by the First National bank. A slight run was commenced on the Brunswick State bank, but it met all demands. Mayer . & Ullman, wholesale grocers, closed temporarily. The Brunewick brewery and the Brunswick cotton factory will also be closed temporarily. The Ogelthorpe bank was capitalized at $150,000, and the First National at $200,000. The officers of both banks say the claims will be paid in full.
4.May 19, 1893The Daily Morning AstorianAstoria, OR
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WOULD NOT FACE DISHONOD. Brunswick, Georgia, May 18.-M. Ullman, president of the Oglethorpe National Bank committed suicide in the toilet room of the bank this morning. President Burthage of the First National Bank requested Ullman to repay a loan made the day before. "All right; wait a minute," said Ullman, stepping into the toilet room. In a moment Mr. Burthage heard a report and Ullman was found sitting upright, with a bullet hole in the center of his forehead. The news spread rapidly and the depositors started a run. In a few minutes the Oglethorpe National Bank closed its doors, followed almost immediately by the First National. A slight run was commenced on the Brunswick State Bank but the bank met all demands. Mayor and Ullman wholesale grocers, closed temporarily. The Brunswick Brewery and the Brunswick Cotton Factory will also close temporarily. The Oglethorpe Bank was capitalized at $150,000, and the First National'at $200,000. The officers of both banks say that the creditors will be paid in full.
5.May 19, 1893The Salt Lake HeraldSalt Lake City, UT
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TWO GEORGIA BANKS CLOSE. The President of One of Them Suicides By Shooting Himself, BRUNSWICK, Ga., May 18.-M. UIIman, president of the Ogelthorpe National bank, committed suicide in the toilet room of the bank this morning. Besides being president of the Ogelthorpe bank he was president of the Brunswick Brewing and Ice company, and a line of river steamers and a large stockholder in various enterprises. President Burthage of the First National bank had requested Ullman to repay a loan made the day before. All right; wait a moment," said Ullman, stepping into the toilet room. A moment later Mr. Burthage heard the report of a gun, and Ullman was found sitting upright with a bullet hole in the center of his forehead. The news spread rapidly and depositors started a run. In a few minutes the Ogelthorpe National bank closed its doors, followed almost immediately by the First National. A slight run was commenced on the Brunswick State bank, butit met all demands. Mayor & Ullman, wholesale grocers, have closed temporarily; the Brunswick brewery and Brunswick cotton factory will also close temporarily. The Ogelthorpe was capitalized ati$150,000 and the First National at $200,000. Officers of both banks say claims will be paid in full.
6.May 20, 1893The Portland Daily PressPortland, ME
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CRAZED BY MONEY TROUBLES, Banker Ulman Took Laudanum and Then Blew Out His Brains. BRUNSWICK, Ga., May 19.-M. Ulman, proprietor of the Oglethorp National Bank, who committed suicide yesterday, was considered one of the wealthiest men in this section. Besides being president of the Oglethorp Bank, he was president of the Brunswick Brewing and Ice Company, and a line of river steamers, and was a large stockholder in various enterprises. President Burbage of the First National Bank called at the Oglethorp Bank yesterday shortly after opening, and requested Mr. Ulman to repay a loan made the day before. "All right; wait a moment," said Ulman, stepping into the toilet room. A moment later Burbage heard a report. Ulman was found sitting upright with a bullet hole in the centre of his forehead. In his pockets were found an ounce bottle of laudanum and an unsigned bond drawn to protect a large depositor who had demanded his money the day before. The supposition is that Ulman had become crazed by financial troubles, and his inability to protect his friends drove him to suicide. The news spread rapidly, and depositors started a run. In a few minutes the Oglethorp National Bank closed its doors, followed almost immediately by the First National. A slight run commenced on the Brunswick State Bank. but it met all demands.
7.May 27, 1893The Indianapolis JournalIndianapolis, IN
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Banker Charged with Embezzlement. WILKESBARRE, Pa., May 26.-Last February private banker E. V. Rockafellow closed the doors of his bank on 840 depositors. The report of the assignees shewed that depositors would get 4 per cent. A meeting of all creditors was held yesterday. Heretofore it was impossible to serve warrants of arrest on the ex-banker. physicianshaving testified that he was unable to leave his bed. Last evening Constable Bauer, disguised as a delivery man for a grocery store, got access to Rockafellow's kitchen. He made his way up stairs and served nine warrants on the banker charg-. ing him with embezzlement. Rookafellow, however, secured bail in the sum of $25,000 Other Business Troubles. BRUNSWICK. Ga., May 26.-The Brunswick State Bank did not open for business this morning, and remained closed all day. The bank was the repository of the State, and the State has in it now $30,000. TACOMA, Wash., May 26.-The Bank of Puyallup, at Puyallup. closed its doors this morning. A. G. Matthews filed suit for a receiver, stating liabilities of the bank were 880,000.
8.May 27, 1893The Morning NewsSavannah, GA
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Atlanta, Ga., May 26.-State Treasurer Hardeman was notified of the suspension of the Brunswick State Bank to-day. This bank was designated some time ago as the depository into which the state taxes from Glynn. Appling, Camden and Wayne counties should be deposited by the officials. About a month ago Assistant State Treasurer W. A. Speer inspected this bank and found its affairs to be in good condition. The state has in the bank $30,899 73, but it will not lose anything, as it has a bond for 850,000. The bondsmen for the bank are W. E. Burbage, W. E. Kay, M. J. Colson. M. Kaiser, W. A. Cunningham, Thomas W. Lamb. H. S. McCraig, M. T. Putnam, M. Nichollson, C.B. Lloyd, John E. duBignon and J. J. Spears. They give in real estate for taxes amounting to $110,000.
9.May 27, 1893The TimesRichmond, VA
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THE BRUNSWICK STATE BANK. The Georgia State Depository Has Closed Its Doors. SAVANNAH, GA., May 23.-A special to the Morning News from Brunswick, Ga., says: "The Brunswick State Bank did not open for business this morning, and remained closed all day. The situation at one time was alarming, but affairs are now undergoing an investigation. and nothing will be done until the bank's condition is known. C. B. Lloyd, of the wholesale and retail builders' supply house, of Brunswick and Savannah, is president, and Frank Cunningham is cashier. Mr. Lloyd is now in New York. The Brunswick State Bank/was the depository of the State, and the State has in it now $30,000. Rumors affecting the bank began to circulate yesterday. G. Lowenstein had placed a draft on New Orleans for $1,800. It was credited to him, and he drew several hundred. He called for a balance of about $1,100, and Mr. Cunningham turned the check down, not knowing whether the draft would be paid, and not caring to take the risk. Lowenstein went out, threatening to place the bank in the hands of a receiver. Vice-President Alfred J. Crovelt heard the rumors, and called a meeting of the board of directors, and all night they discussed the situation and telegraphed to friends, enticipating a run this morning. It was finally determined by the directors to temporarily close the bank. The bank has been offered aid from the North. The bank was organized four years ago by Crovall and Whitfield, as attorneys for Eastern capitalists, E. S. Marsh and E. D. Thayer, of Barndon, Vt., being among them. It prospered until the present president, Mr. Lioyd, bought them out, and operated it with Cashier Cunningham, who is also a stockholder.
10.May 27, 1893Richmond DispatchRichmond, VA
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MORE BRUNSWICK TROUBLE. A State Bank Fails to Open for BusinessIts Condition. (By telegraph to the Dispatch.} SAVANNAH, GA., May 26.-A special to the Morning News from Brunswick, Ga., says the Brunewick State Bank did not open for business this morning and remained closed all day. The situation at one time was alarming, but affairs are now undergoing investigation. and nothing will be done until the bank's condition 18 known. C. B. Lloyd, of the Wholesale and Retail Builders' Supply House, of Brunswick and Savannah, is president and Frank Cunningham cashier. Mr. Lloyd is now in New York. The bank was a depository of the State and the State has in it now $30,000. Rumors affecting the bank began to circulate yesterday. G. Lowenstelt. had placed a draft on New Orleans for $1,800. It was credited to him and he drew several hundred dollars. He called for a balance of about $1,100 and Mr. Cunningbam turned the check down, not knowing whether the draft would be paid and not caring to take the risk. Lowenstein went out threatening to place the bank in the hands of a receiver. Vice-President Alfred J. Crovelt board the rumors and called a meeting of the Board of and all night they discussed the Directors situation and telegraphed friends, anticipating a run this morning. It was finally determined by the directors to temporarily close the bank. The concern has been offered aid from the North. It was organized four years ago by Crovelt & Whitfield as attorneys for eastern capitalists, E. S. Marsh & E. D. Thayer, of Brandon, Vt., being among them. It prospered 80 that the present president, Mr. Lloyd, bought them out and operated it with Cashier Cunningham, who is also a stockholder.
11.May 29, 1893Santa Fe Daily New MexicanSanta Fe., Santa Fe, NM
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Bank Failures. BRUNSWICK, Ga., May 29.-The Brunswick State bank failed to open to-day. Investigation is now being made into its business. State funds to the amount of $30,000 are deposited in it. Toledo, Ohio.- - The People's bank of North Baltimore, has closed its doors. The announcement was made to depositors that Cashier Waldo had gone to raise money to meet all liabilities and that they would re-open. The closing was precipitated by the failure of Charles Foster, who is a heavy stockholder. This bank has many thousands of dollars of deposits of oil operators and producers, and their loss will be heavy. A tremendous run was started on the First National bank, the only other bank in North Baltimore, but it is promptly meeting all demands as fast as presented.
12.June 7, 1893The Morning NewsSavannah, GA
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A RECEIVER APPOINTED. Lloyd & Adams' House Under Financial Embarrassments. The creditors of Lloyd & Adams, who have been embarrassed through the suspension of the Brunswick State Bank, yesterday petitioned the superior court for the appointment of a receiver to take charge of the business for the purpose of trying to save it from further trouble. Judge Falligant appointed Mr. P. M. Adams, the junior member of the house, receiver with power to conduct the business for the best interests of all concerned. Lloyd & Adams' assets more than cover all liabilities, and with judicious management it is believed things can be straightened out.
13.June 8, 1893The Morning NewsSavannah, GA
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BRUNSWICK STATE BANK. The Doors to be Reopened and Depositors Paid in Full. Brunswick, Ga., June 7.-The BrunsState Bank will reopen in fifteen days and all the depositors will be paid. Today was set for hearing the application for a permanent receiver for the bank. At the appointed hour Attorney Crovatt for the bank appeared before Judge Sweat and requested that the bank be allowed to reman in the hands of the temporary receiver for fifteen days, and said that at the end of that time they would reopen. Mr. Crovatt stated that Messrs. Marsh and Thayer, the northern capitalists who will open the bank, want time to go north to get a cashier and select a president. They have ample funds at hand and only want time to secure officers that the people will have confidence in. All the depositors are willing to take their money in installments should they desire it. Security was furnished Messrs. Marsh and Thayer for the amount they will have to supply that was borrowed from the bank under the old management.
14.June 17, 1893The Cecil WhigElkton, MD
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1 From the special correspondent of THE WHIG. f Brunswick's Bursting Boom. BRUNSWICK, GA, June 8, 1893. e DEAR WHIG:-I think it was some three ) years ago I wrote you some account of the boom that had started in Brunswick. e Capalists from New York came down here, purchased two or three hundred acres of I town lands, laid out building lots, started the Brunswick Company, induced citizens to take stock in the same, built a magnificient hotel at a cost of 165,000 dollars, built e street railways, had the stock listed at the stock exchange at New York, sold lots at exhorbitant prices, induced people to build, started a boom of speculation and in fact set people crazy as to the future of Bruns. wick. Lots valued at 300 dollars before the $ boom, rapidly sold for one to two thousand, with few exceptions, and all lseemed anxious to speculate in town lots. To accommodate P borrowers, four banks were] started, two f National, the First National bank and the Oglethorpe National Bank, and two State banks, the Brunswick State Bank and the Merchants and Mechanics Among and foremost of the speculators were the presi dents of the Oglethorps National Bank, the First National Bank and the Brunswick State Bank, who it appears now were using the funds of their respective institutions in private speculations, and 80 the thing went on. And now comes the inevitable result. Five or six weeks ago faint rumblings of the storm began to be heard and telt. A few conservative men who had not participated in kite flying, began to set their houses in order. Well the burst came. Talk about your western cyclones, the worst of them were but gentle zephyrs in comparison to the cyclone that struck this town three weeks ago. leaving ruin and desolation in its track. Three weeks ago the president of the Oglethorpe National Bank entered it at 9 a. m., had a short talk with his compeer and associate the president of the First National, then passed into a private room and blew his own brains out. The bank immediately closed its doors (which it would have done at any rate.) As soon as the President of the First National Bank reached his bank he closed its doors and they both remain closed. The failure of the two prominent banks caused a run on the two State Banks, and one week later the Brunswick State Bank went under. The Merchants and Traders Bank still holds out and may weather the storm. We all hope it may, but the feeling of distrust is so prevalent in this community that no one can estimate for the future. The U.S. bank examiners are in charge of the two National Banks and the probabilities are they will be put in the hands et receivers. An effort is being made by the stockholders and directors of the Brunswick State Bank to reopen it and make a fresh start with new officers, but the general impression is that they will all go into the hands of receivers. If so, then great distress and suffering must accrue in the course of winding up these institutions, and it will be a long time before depositors get paid off, if ever. am pleased to be able to say that the Cecil delegation located here escaped the fury of the storm with but slight damage and are safely anchored in port with sails all set for coming breezes. Of course business is in a measure paral. yzed for the present and every thing looks dark. But when the effects of storm have passed away, it will start up again on better and firmer grounds and the sad experience of the last few years will be remembered as a costly lesson to profit by in the future. CECIL Yours,
15.June 24, 1893The Morning NewsSavannah, GA
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BRUNSWICK'S STATE BANK. Crovatt to Make Another Effort to Have it Opened. Brunswick' Ga., June 23.-Vice President Alfred J. Crovatt of the Brunswick state bank left tonight for New York on bank business. Mr. Crovatt has been working night and day to get the bank open and if the parties in power fulfill their promises to him and do not impose too many conditions on the depositors he will yet succeed. Mr. Crovatt promises definite news at an early date. Tuesday next is the last day of grace before appointing a permanent receiver and Judge Sweat has been lenient on the bank, but he can hardly give them more time. In a short while Judge Sweat goes on the Circuit and the Grand Jury will have to be discharged, six months elapsing before another convenes- It costs the tax-payers of Glynn $42 every time the Bank case is called, bul the people are willing to pay it if Messrs. Marsh & Thayer, the northern capitalists, will open it.
16.July 1, 1893The Morning NewsSavannah, GA
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A CASHIER INDICTED. He Received Deposits When He Knew the Bank Was Insolvent. Brunswick, Ga., June 30.-Frank E. Cunningham, cashier of the broken State Bank, was indicted to-day by the grand jury for criminal conduct, in receiving money after the bank was known by him to be insolvent. Cunningham gave bond in the sum of $2,500. Edwin Brobston, a prominent young business man, was to-day appointed permanent receiver of the Brunswick State Bank. Only one other name was presented and no fight was made on Mr. Brobston's application by any of the ecreditors. the attorneys by their actions signifying practical unanimity of opinion that Receiver Brobston will manage the affairs in a manner just to all. The Brunswick Savings and Trust Co's., temporary recievers did not apply for a permanent receivership.
17.July 21, 1893The Morning NewsSavannah, GA
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LIABILITY OF STOCKHOLDERS. Changes of Ownership Must be Advertised for Six Months. Brunswick, Ga., July 20.-The MORNING NEWS correspondent has unearthed news that will create a sensation in Brunswick regarding the re-opening of the Brunswick State bank. It is claimed. on what is considered good authority, that any person who has held stock in this bank and has transferred it to another, is still liable for the stock unless he gives public notice through the press for six months after the transfer. Receiver Brobston was looked for to get his views, but he was spending the night on St. Simons island. One who claims to know the banking laws quotes the code of 1882 as authority for his statements. Under this law the original stockholders of the State bank and all present ones will be liable. The original stock was owned by northern capitalists. They transferred it without giving notice and under this section of the code they are liable. One who claims to be on- the inside stated tonight that the bank would surely re-open since this law had been found. He gives Receiver Brobston credit for unearthing the law by persistent and untiring search for the assets and responsibilities of stockholders. If the bank is re-opened it will doubtless be the result of Mr. Brobston's efforts and close work on the matter. No depositors or any one interested here were aware of this existing law, and the news of it will be received with joy by hundreds of small depositors as well as the large, who did not expect to realize over 5 per cent. Too much credit cannot be given Receiver Brobston for his untiring efforts in behalf of the depositors, and if the bank is reopened as the result of the discovery of the points of law, the credit will belong solely to him.
18.February 24, 1894The Morning NewsSavannah, GA
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BRUNSWICK'S STATE BANK. Another Effort to Reorganize the Institution. Brunswick, Ga., Feb. 23.-W. F. Scott. of Brandon, Vt., is in Brunswick investigating the affairs of the Brunswick State Bank in the interest of Messrs. Marsh & Thayer of Vermont, who were very large stockholders. If Mr. Scott finds the bank's condition in anyway favorable he will probably recommend the offering to the depositors and other creditors of a compromise, and endeavor to place the bank back on a sound footing. Messrs. Marsh & Thayer are very much interested in having the affairs of the Brunswick State Bank wound up satisfactorily as it is generally believed that through an incomplete transfer of their stock when they sold to the parties owning the majority stock at the time of the bank collapse, the papers were not complete from a strictly legal point of view, such a gap being left down as to make it an open question whether the receiver cannot sue and hold them liable for the entire amount of stock they formerly owned, under the liability clause relating to transfers of stock. Receiver Brobston, with the assistance of his attorneys, Messrs. Goodyear & Kay, are searching for every point that will enable them to gain money for the creditors, and if the transfer of stock was illegal in Messrs. Marsh & Thayers' case there have been other illegal transfers by parties who are now able to pay. It is barely possible that the parties interested will get together, propose a compromise to the creditors, open the bank and endeavor to work out its assets. rather than risk the court's decision on the transfer of their stock. Marsh & Thayer are able to open the bank, and. should they decide to do so, would continue it and make money. It is thought that the investigations of Mr. Scott will result favorably, but the people are still very skeptical of any rumors that are encouraging in regard to the bank.
19.June 12, 1894The Morning NewsSavannah, GA
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DEPOSITS AS AN OFFSET. An Important Decision in the Case of a Brunswick Bank. Atlanta, Ga., June 11.-The supreme court to-day handed down its decision in the case of the Brunswick State Bank, in which Receiver Brobston of the defunct bank, asked the court whether he could allow persons who had deposited in the bank to set the deposits against claims the bank had against them. The lower court ruled that this could be done, although the counsel for the state urged that it could not be done on accountof the state having a large claim against the bank. The supreme court affirmed the decision of the lower court.
20.June 5, 1895The Morning NewsSavannah, GA
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BRUNSWICK'S BANK SUITS. The Liability of Stockholders the Issue at Stake. Brunswick, Ga., June 4.-Receiver Brobston started suits against the former stockholders of the defunct Brunswick State Bank to-day, which by agreement were referred to Auditor R. D. Meader. If Mr. Brobston wins, every man who ever held stock in the bank at any time will be held liable for the bank's debts, as none of them legally transferred their stock at the time of the various sales made, each neglecting to advertise their stock for sale. If the suit is won by Brobston, Savannah, Atlanta, Baltimore, New York and other capitalists will be caught and a new field for litigation will be opened up in the banking world of past years, where transfers of stock were made without proper advertising and the bank afterwards failed. The present suit is attracting a strong array of legal talent, among them being Congressman Lester and H. C. Cunningham of Savannah, Symmes & Bennett, Atkinson & Dunwoody, Crovatt & Whitfield, Johnson and Kraus of Brunswick, for the defense, and Goodyear & Kay for Receiver Brobston. If this suit is not won by Brobston the depositors will not realize 10 cents on the dollar.
21.September 8, 1895The Morning NewsSavannah, GA
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MUST SETTLE AT ONCE. The State of Georgia and the Broken Brunswick Bank. Brunswick, Ga., Sept. 7.-When the Brunswick State Bank failed it was a state depository and had $30,000 of the state's money on hand, secured by local bondsmen. Since the failure Receiver Robertson has paid off $23,000 of this debt. The accumulated interest, added to the balance due, makes $10,000 in round numbers yet due. Controller General Wright has written that he can wait no longer for a settlement of this balance and unless the bondsmen pay up the state's attorneys will be instructed to bring suit against them. He promises, however, if the bondsmen pay up at once without suit he will try and get the legislature to refund the interest. Edwin Brobston, Glynn's authorized representative at the Atlanta exposition, returned to Brunswick to-day and is busy arranging to exhibit for shipment, It will be a creditable one.
22.January 22, 1896The Morning NewsSavannah, GA
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BRUNSWICK BRIEFS. Directors Elected by the Water Company-The State Bank. Brunswick, Ga., Jan. 21.-The Brunswick Light and Water Company elected directors and officers to-day. W. E. Burbage was re-elected president, with an increase of salary over past years. The directors are A. H. Lane, Henry P. Talmadge of New York, W. E. Burbage, C. Downing and W. F. Winecoff. Receiver Brobston of the Brunswick State Bank announced to-night that the affairs of that institution would probably be wound up and the receivership dissolved at the May term of court. Unless the suits against the stockholders now pending result successfully to the receiver the depositors will receive nothing.
23.March 30, 1897The Brunswick TimesBrunswick, GA
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Also at the same time and place the unex-
pired term of a leasehold interest in and to the
eastern 1-2 each of town commons lots numbers
136 and 137, between Wolf and Albany street, in
Brunswick, Glynn county, Ga., as per the map
of said city of Brunswick. Levied on as the
property of F. E. Cunningham, defendant, un-
der an execution issued out of the superior
court of Glynn county, Ga., in favor of E.
Brobston, as receiver of the Brunswick State
Bank, against F. E. Cunningham and Mrs. M. S.
Lloyd, administratrix of the estate of C. B.
Lloyd, for $881.67 principal with interest and
costs Levy made and returned to me by F. F.
Taylor, deputy sheriff.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
