Douglasville Banking Company - Douglasville, GA

Episode Information

Episode UID: 4762773191538
Episode Type: Suspension → Reopening
Bank Type: state
Bank ID: 476277319 hash
Start Date: February 28, 1928
Location: Douglasville, Georgia (33.738, -84.707)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 96eaaa5820efdce9

Response Measures

None

Events (1)

1. February 28, 1928 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closed because of frozen assets making the bank temporarily unable to continue payments
Newspaper Excerpt: The Douglasville Banking Company, which yesterday closed its doors, due, it was announced, to frozen assets, is to be reopened soon
Source: newspapers

Newspaper Articles (1)

1. February 29, 1928 The Macon News Macon, GA

Article from The Macon News, February 29, 1928

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Article Text

BANK IS SUSPENDED DOUGLASVILLE, Ga., Feb. 29. (AP)—The Douglasville Banking Company, which yesterday closed its doors, due, it was announced, to frozen assets, is to be reopened soon, officers of the institution announced Wednesday. The announcement said there was no cause for alarm, or of fear of losses.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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