National Bank (High Point, NC)

Episode Information

Episode UID
349001603
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
34900 national
Charter Number
3490
Start Date
July 13, 1933
Location
High Point, North Carolina (35.956, -80.005)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5132083a02ecc7d6

Response Measures

None

Events (6)

1. April 21, 1886 Chartered
Source
historical_nic
2. November 28, 1907 Voluntary Liquidation
Source
historical_nic
3. July 13, 1933 Receivership
Newspaper Excerpt
Total Collections By Bank Receiver Reach $2,448,303 ... John D. Biggs, receiver National bank, ... 15 per cent dividend to depositors.
Source
newspapers
4. July 13, 1933 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership and suspended operations; receiver John D. Biggs administering collections and dividend to depositors.
Newspaper Excerpt
quarterly report John D. Biggs, receiver National bank
Source
newspapers
5. January 30, 1934 Other
Newspaper Excerpt
Recovery of $4,510 on three promissory notes sought ... by John D. Biggs, receiver of the National bank, High Point, against H. Williard ... .
Source
newspapers
6. March 28, 1934 Other
Newspaper Excerpt
Argument ... in the $6,000 stock assessment suit of John D. Biggs receiver of the National bank, of High Point, against Mrs. Bettle Snider ...
Source
newspapers

Newspaper Articles (3)

Article Text

Total Collections By Bank Receiver Reach $2,448,303 Greensboro Daily News Bureau East Broad Street, High Point, lections of are in the quarterly report John D. Biggs, receiver National bank, been made public. Cash collected from the stock sessment has far than of the Disto including 15 per cent dividend to depositors.


Article Text

TWO DIVORCE ACTIONS FILED IN COURT HERE Commercial Bank Receiver Starts Suit Collect $4,510 On Three Notes. Two divorce actions, one involving of five-year-old child, were custody started Superior court Monday complaints filed in the when office Wayland Cooke, clerk of of Superior court. Floyd Gibson against Ruth Wolfe Gibson for divorce decree and custody their one child. The complaint alleges that the couple were married May 1926, arated July 23, 1933. Adultery alleged grounds for the decree. The second divorce action was that Dixon against Ruby Schults Dixon, whom plaintiff married in Danville. Va., December 26, 1931. The couple separated January 26, 1932, Recovery of $4,510 on three promissory notes sought the suit started Monday by John D. Biggs, receiver of the National bank, High Point, against H. Williard. Vivian Williard and Sallie Williard. An action to collect $134 and possession of certain personal property incumbered chattel was started the American Chemical company against W. Teague, of Alamance county.


Article Text

ARGUMENT TO BEGIN IN TODAY Commercial National Receiver Seeks This Amount On Stock Assessment. 2. SUITS COMPROMISED Argument of coursel will begin in Superior court this morning in the $6,000 stock assessment suit of John D. Biggs receiver of the National bank, of High Point, against Mrs. Bettle Snlder and Mrs. The bank receiver in addition to the $6,000 recovery seeking court decree to aside certain conveyances allegedly made by Mrs Cor* bett contended by the plainliff that the property transfer was for the purpose of payment of stock Defense tention that the for of Mrs. Snider daughter of Mrs. her guardian Two litigations growing out of fatal grade crossing on December 1932. were terminated Tuesday when. Judge John H. Clement signed Mrs Mary administratrix of the of Robert Hiatt. who was killed the when comotive struck his car the ing. was of $200 damages to the deceased's Defendants in the Action the Southern North Carolina Railroad companies. M. Causey who was injured when the train struck the Hiatt which he was passenger, was awarded damages against the two Compromise jutigment was also signed Judge Clement the Arthur Edwards against Mary Belle Petty. The plaintiff ing for damages the result apartment owned by the defendant. but nature of the com. promise was not set out in the Judgment non-suit was entered in the case of Crane company and others against E. Darnell, trading as Piedmont and Heating company the Consoridated Indemnity and Insurance company