Farmers State Bank (Cordele, GA)

Episode Information

Episode UID
64014671383
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
6401467 routing
Routing Number
64-0146
Start Date
March 19, 1915
Location
Cordele, Georgia (31.964, -83.782)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c16062150dc1c7c9

Response Measures

None

Events (3)
1. March 19, 1915 Receivership
Newspaper Excerpt
B. H. Palmer was appointed receiver and immediately took charge of the bank's affairs.
Source
newspapers
2. March 19, 1915 Suspension
Cause
Voluntary Liquidation
Cause Details
Directors concluded to close the bank for the purpose of liquidation and placed it in receivership.
Newspaper Excerpt
The Farmers' State bank of Cordele ... went into the hands of receiver yesterday morning, after the directors of the institution had concluded to close its doors for the purpose of liquidation.
Source
newspapers
3. November 6, 1918 Other
Newspaper Excerpt
sale ... to satisfy an execution ... in favor of B. H. Palmer as Receiver for Farmers State Bank ... vs. W. D. Dorough
Source
newspapers

Newspaper Articles (4)
1. March 20, 1915 The Brunswick News Brunswick, GA
Article from The Brunswick News, March 20, 1915

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Article Text

CORDELE BANK INSOLVENT. CORDELE, March 19.-The Farmers' State bank of Cordele, of which J. A. Wilson, of this city, is president, went into the hands of receiver yesterday morning, after the directors of the institution had concluded to close its doors for the purpose of liquidation. The assets are $76,000 and the liabilities less than $400,000. The bank is capitalized at $35,000. B. H. Palmer was appointed reciever and immediately took charge of the bank's affairs.

2. November 6, 1918 The Cordele Dispatch Cordele, GA
Article from The Cordele Dispatch, November 6, 1918

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Article Text

SHERIFF SALE GEORGIA, Crisp Count. Will be sold on the first Tuesday in December next, at the court house in said county, between the legal hours of sale, to the highest bidder, for cash, the following property to wit: The life interest of W. D. Dorough in lot of land No. sixty (60) in the eleventh (11) land district of Crisp County, Georgia. Said land levied on as the property of W. D. Dorough to satisfy an execution issued from the Superior Court of said county in favor of B. H. Palmer as Receiver for Farmers State Bank, J. A. Ward, Transferee, vs. W. D. Dorough. This 6th day of November, 1918. J. H. WARD, Sheriff. 11-6-4t.

3. November 20, 1918 The Cordele Dispatch Cordele, GA
Article from The Cordele Dispatch, November 20, 1918

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Article Text

11-6-4t-pd SHERIFF SALE GEORGIA, Crisp Count. Will be sold on the first Tuesday in December next, at the court house in said county, between the legal hours of sale, to the highest bidder, for cash, the following property to wit: The life interest of W. D. Dorough in lot of land No. sixty (60) in the eleventh (11) land district of Crisp County, Georgia. Said land levied on 'as the property of W. D. Dorough to satisfy an execution issued from the Superior Court of said county in favor of B. H. Palmer as Receiver for Farmers State Bank, J. A. Ward, Transferee, vs. W. D. Dorough. This 6th day of November, 1918. J. H. WARD, Sheriff. 11-6-4t.

4. November 27, 1918 The Cordele Dispatch Cordele, GA
Article from The Cordele Dispatch, November 27, 1918

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Article Text

SHERIFF SALE GEORGIA, Crisp Count. Will be sold on the first Tuesday in December next, at the court house in said county, between the legal hours of sale, to the highest bidder, for cash, the following property to wit: The life interest of W. D. Dorough in lot of land No. sixty (60) in the eleventh (11) land district of Crisp County, Georgia. Said land levied on 'as the property of W. D. Dorough to satisfy an execution issued from the Superior Court of said county in favor of B. H. Palmer as Receiver for Farmers State Bank, J, A. Ward, Transferee, vs. W. D. Dorough. This 6th day of November, 1918. J. H. WARD, Sheriff. 11-6-4t.