4058879591200 405887959
hash
f2180a23c020a641None
Click image to open full size in new tab
Bank Closes Its Doors. (By Telegraph to Virginian-Pilot.) Charlotte, N. C., Feb. 3.-The Commercial and Farmers' Bank at Rock Hill, S. C., closed its doors at 1:15 this afternoon. A run started on the bank in the second week of last December and continued until yesterday, the total run amounting to $65,000. Bank DIrectors are men of means, and it is believed depositors will be paid in full.
Click image to open full size in new tab
Run on South Carolina Bank. Charlotte, N. C., Feb. 3.-The Commercial and Farmers' Bank at Rock Hill, S. C., closed its doors at 1:15 o'clock this afternoon. A run started on the bank in the second week of last December and continued until yesterday, the total run amounting to $65,000. Bank directors are men of means, and it is believed depositors will be paid in full.
Click image to open full size in new tab
BANK DOORS CLOSED. Believed That All Depositors Will be Paid in Full. CHARLOTTE, N.C., Feb. 3.-The Commercial and Farmers Bank, at Rockhill, S. C., closed its doors at 1:15 this afternoon. A run started on the bunk in the second week of last December and continued until yesterday. the total run amounting to $65,000. The bank directors are men of means, and it is believed depositors will be paid in full.
Click image to open full size in new tab
A BANK SUSPENDS. Charlotte, N. C., February 3.-The Commercial and Farmers bank, at Rock Hill, S. C., closed its doors at 1:15 o'clock this afternoon. A run started on the bank in the second week of last December and continued until yesterday, the total run amounting to $65,000. The bank directors are men of means, and it is believed depositors will be paid in full.
Click image to open full size in new tab
Rock Hill Bank Goes Under. ROCK HILL. S.C., Feb. 5.-The Commercial and Farmers' bank has closed its doors. A run started on the bank the second week of last December, and continued until Friday, the total run amounting to $65,000. The bank directors are men of means, and it is believed depositors will be paid in full.
Click image to open full size in new tab
ROCK HILL'S BANK TROUBLE. Run Caused by Report That an Officer Was Speculating. Columbia. S. C., Feb. 5.-No official statement has yet been made as to the affairs of the Commercial and Farmers' Bank of Rock Hill that suspended Saturday. It was promised to-day but had not been prepared. The sixty days run made on the bank is only explained by the report that one of its officers was known to have dealt largely in cotton futures. It is surmised that while at last reports he had won $80,000, that the knowledge of his speculation caused uneasiness. That the fears were groundless is shown by the bank's condition. Capitalized at $80,000. only $50,000 had been paid in. Loans had been made to the extent of $130,000. Its assets could not be realized on and Saturday a receiver was asked for. It is not expected that either depositors or stockholders will lose
Click image to open full size in new tab
FAILURE IN ROCK HILL. Commercial and Farmers Bank Succumbs to a Long Run. Charlotte, N. C., Feb. 3.-The Commercial and Farmers bank at Rock Hill, S. C., closed its doors at 1:15 this afternoon. A run started on the bank in the second week of December and continued until vesterday. the to tal run amounting to $65,000. Bank directors are men of means and it, is believed depositors will be paid in full. LATER. Rock Hill, February 5 -Spe cial: On Saturday the directors of the Commercial and Farmers' Bank of this place, asked for the appointment of a receiver. This action was taken from the fact that during the past month there has been a sharp demand for money on the part of the depositors. The bank was capitalized at $80,000, and of this amount hetween forty and fifty thous nd had been paid in. The deposit account was full and loans had been made to the amount of about $130,000. During Decem ber and January the withdrawal of deposits was so large that the amount of cash on hand WHI not sufficient to meet current demands, and it was impossible to realize on assets a sufficient amount. Under these circum stances the directors decided to ask for a receiver. It is not supposed that depositors yet unpaid will lose anything, and the last statement of the bank shows assets sufficient to pay in full depositors and stockholders with a profit.
Click image to open full size in new tab
Rock 11:11 Bank Goes Under. ROCK HILL. S C. Feb. 5. -The Commercial and Farmers' bank has closed ats doors. A run started on the bank the second week of last December, and continued until Friday, the total run amounting to $65,000 The bank di. rectors are men or means, and it is believed depositors will be paid in full.
Click image to open full size in new tab
STATE NEWS. - Ex-Gov. John Gary Evans has beated in Spartanburg to practice law. - There is now a movement on in Valhalla to celebrate the semi-cenenial of its foundation. -During the past fiscal year the taxble property of the State has increasthree million dollars. -- The Pee Dee Tobacco Warehouse Florence was burned one night last veek. Loss about $4,000. - The Greenwood Cotton Mill. operting 10,000 spindles and 384 looms, roposes doubling its equipment. - The Seaboard Air Line has paid early $50,000 in cash for various pieces property bought in Charleston. - An express car between Florence Charleston was robbed of a numof parcels Feb. 3. No clue to rob-- The State prohibitionists commithas recently met in Columbia and ill address a circular to the people in few days. Col. Neal has reimbursed his bondsmen for the money they had to out in the matter of his penitenshortage. - Greenville had a most destructive last Thursday night, the loss aggregating about $50,000, partly covered insurance. It is claimed that the State dispenis doing $35,000 more business per month for the past few months than for the same time last year. - It is rumored in Charleston that Armour of Chicago had bought a farm that city and, would erect a fertiplant to cost $100,000. - Mr. G. Dunean Bellinger, of Barnwell, will not run for Congress but will be a candidate for re-election to the office of Attorney-General. - Mr. J. N. Lidley, of Oconee Coundied at the home of his daughter in Jackson County, N. C., a few days ago, the advanced age of 105 years. - The National Teachers' Associawill hold its next meeting in Charleston from July 7 to 12, inclusive. thousand teachers are expected to in attendance and the railroads will grant unsually low rates, - Last Saturday afternoon John Q. Babb, at his stillhouse, two miles northeast of Greenville, shot and killAbe Linec n, a negro who was advancing on him with an open knife in hand and a rock in another. - The Commercial & Farmers' Bank of Rock Hill has gone,into the hands f a temporary receiver. This course forced upon the bank by unfriendrumors and it is said that the bank will resume business within a few weeks. - Dr. J. L. M. Curry addressed the General Assembly and the citizens generally of Columbia on the subject education last Wednesday night. The address was said to have been one the finest ever delivered in the State capitol. Bud Johnson. a negro convict working for W. A. Neal, was killed by having a tree fall on him while cuttimber in the woods on Mr. John Perguson's place near Pickens. It teems that a tree had been cut down, lodged, and another tree was cut order (to fell it, which in falling umped off the stump and swung round striking him in (the back, killhim instantly. - Rumor says that the new county Saluda will take the cake when it to the number of candiates that vill be in the field this year. Old lady Rumor talks as follows: For Sheriff says there will be twenty-one canlidates in the field; for Coroner eighfor State Senator eleven; for the House of Representatives thirty-two, all other offices in the same proportion. - The Republican Executive Comnittee of the State has appointed March 20th as the day for the assemof the State Convention to elect lelegates to the national convention. The administration of McKinley was varmly endorsed. A Republican State Convention is held only once every our years, as outside of Federal jobs, he only thing for the faithful is to elected asdelegates to the national onvention. — An inquest was held over the body Willie Robinson, who died at the hospital Thursday from a wound the head received by an axe in the this father.
Click image to open full size in new tab
ANOTHER RECEIVERSHIP. Last week was recorded the failure of the Commercial and Farmers' Bank of Rock Hill, and this week we have to record the failure of the big Ganson Dry Goods Company, of Yorkville. Under an order signed by Judge Benet, at Camden, last Saturday, the affairs of this last named concern were put in charge of Mr. B. N. Moore as temporary receiver. The failure of the Ganson Dry Goods Company is due primarily to the crop failure of last fall, reduced cash sales and poor collections. This is from the best information obtainable; but the
Click image to open full size in new tab
NEGRO'S ATTEMPTED ASSAULT. Cut a Woman's Throat and Fled. Rock Hill Bank Will Pay Out. Columbia, S. C., Feb. 13.-A criminal assault was attempted by a negro named Burton on Mrs. Ella Weeks, six, miles from Aiken. Mr. Weeks was away from home. His wife fought so desperately that the negro attempted to kill her to prevent his identity being known. He slashed her across the throat with a knife and then fied. The cut did not reach the artery. Burton was quickly pursued and is in the swamps. He has been seen and fired at several times, but so far has succeeded in dodging his pursuers. The receiver for the Commercial and Farmers Bank of Rock Hill, which suspended Feb. 3, made a statement to-day showing the reserve was $167,090 and the liabilities, including capital stock, deposits and bills payable, and a surplus of $2,455 were the same amount, so not a dollar will be lost.
Click image to open full size in new tab
Receiver's Statement Favorable. COLUMBIA, S. C., Feb. 14-The receiver for the Commercial and Farmers' bank of Rock Hill, which suspended Feb. 3, made a statement today showing the reserves were $167,090 and the liabilities, including capital stock. deposits and bills payable and a surplus of $2,455, were the same amount, 60 not one dollar will be lost.
Click image to open full size in new tab
Receiver's Statement Favorable. COLUMBIA, S. C., Feb. 14-The receiver for the Commercial and Farmers' bank of Rock Hill, which suspended Feb. 3, made a statement today show. ing the reserves were $167,090 and the liabilities. including capital stock. deposits and bills payable and a surplus of $2,455. were the same amount, 50 not one dollar will be lost.
Click image to open full size in new tab
Receiver's Statement Favorable. COLUMBIA, S. C., Feb. 14-The receiver for the Commercial and Farmers' bank of Rock Hill, which suspended Feb. 3, made a statement today showing the reserves were $167,090 and the liabilities, including capital stock, de posits and bills payable and a surplus of $2,455. were the same amount, so not one dollar will be lost.
Click image to open full size in new tab
HERE ARE THE FIGURES. After a good. deal of careful investigation, Mr. D. Hutchison, temporary receiver of the business of the Commercial and Farmers' Bank of Rock Hill, has made the following statement of the situation as it appeared on February 13:
Click image to open full size in new tab
Another Receivership. Yorkville Enquirer. Last week was recorded the failure of the Commercial and Farmers' Bank of Rock Hill, and this week we have to record the failure of the big Ganson Dry Goods Company, of Yorkville. Under an order signed by Judge Benet, at Camden, last Saturday, the affairs of this last named concern were put in charge of Mr. B N Moore as temporary receiver. The failure of the Ganson Dry Goods Company is due primarily to the crop failure of last fall, reduced cash sales and poor collec. tions. This is from the best in-