Peoples Bank & Trust Company (York, SC)

Episode Information

Episode UID
67051871526
Episode Type
Suspension → Closure
Bank Type
trust
Bank ID
6705187 routing
Routing Number
67-0518
Start Date
February 9, 1927
Location
York, South Carolina (34.994, -81.242)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d762e5a79b53e2db

Response Measures

None

Events (4)
1. February 9, 1927 Suspension
Cause
Government Action
Cause Details
Bank closed and placed under the charge of the assistant to the state bank examiner.
Newspaper Excerpt
has been in charge of the bank's affairs since it closed its doors Wednesady morning.
Source
newspapers
2. February 16, 1927 Other
Newspaper Excerpt
stockholders' meeting called for February 16 ... to decide reorganization or liquidation
Source
newspapers
3. March 10, 1927 Other
Newspaper Excerpt
First National Bank York has been organized to take the place the Peoples Bank and Trust company which was closed some time
Source
newspapers
4. April 10, 1928 Receivership
Newspaper Excerpt
Carl H Hart of York appointed receiver ... for the defunct Peoples Bank & Trust Company of York
Source
newspapers

Newspaper Articles (4)
1. February 12, 1927 The Herald Rock Hill, SC
Article from The Herald, February 12, 1927

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Article Text

To Decide Future of York Bank at Meeting Feb. 16th York, Feb. 12. (By Herald Correspondent) The future of the Peoples Bank and Trust company, whether there will be reorganization or liquidation will likely be decided at a stockholders' meeting called for February 16. The call for the meeting has been issued by C. M. Fuller, assistant to the state bank examiner, who has been in charge of the bank's affairs since it closed its doors Wednesady morning. The axact condition of the bank will be stated in detail to the stockholders at this meeting and they will then be in position to decide what action should be taken.

2. March 10, 1927 The Columbia Record Columbia, SC
Article from The Columbia Record, March 10, 1927

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Article Text

Late Items of Interest From South Carolina Points SPRINGFIELD The following have been sworn into office serve the town of Springfield for the next year: Gleaton, mayNorthrop, Jr., Bridgers, H. T. Boland, and Dr. John R. Dodd, aldermen. The chief police and other officials be named by the council at later meeting Ulmer has been reelected mayor of Elloree have the members the town Clayton, Zeigler, E. Gasque, and Jacobs. Barr again town clerk and Livingston as marshal. W. Williamson has been elected mayor of Norway. Wardens named W. R. Kirkland, G. Galphin and Phin, with second race tween E. A. Davis and F. Bizzell. The Wofford R. rifle team will send team to the National intercollegiate contest during the period of March 16 to April Wofford team has tied University of Georgia for second the Fourth Corps area intercollegiate gallery case of the state against Jerry, Claude and Charlie Hester, murconnection the death Ed. Thackston, be called first on the docket of the court general which convenes Greenville next Monday, according to announcement made this week. First National Bank York has been organized take the place the Peoples Bank and Trust company which was closed some time announced that the new bank will likely act as ceiver for the old institution. K. Richwine was painfully, but seriously injured Tuesday the car in which riding overturned near CHARLESTON Beating their way through swamps bushes about the Huger section, Berkeley Federal Agents McKnight Woodberry seized still before daybreak No found the plant, the officers having arrived little too late but indicated that some one might have been there short while before. the warm when seized. CHARLESTON Police detectives are searching for Samuel Loven, to have run amuck Tuesday night with knife, slashing four persons, one his wife, Fortunately victims none badly cut but all required pital for their wounds They are: Loven, RivVeci Rivers all of No. 456 Meeting street. Joe Wilhoit, while playing with Wichita League 1919, ord by hitting safely in 69 consecutive games.

3. April 11, 1928 The State Columbia, SC
Article from The State, April 11, 1928

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Article Text

HART APPOINTED BANK'S RECEIVER Hearing Held Before Rice at Chester. BEHIND EMMERSON ACT OF DEPOSITORS Secretary of State Leading in Votes Both Downstate and in Chicago Over Incumbent. Smith-Glenn Senate Race Closer, but Chicago, April 10 (By A. the basis the the Republican faction headed by Charles S. Deneen tonight had piled up lead which, victory for vir. tualy the entire ticket in today's priLouis L. secretary gubernstorial candidate of the leading his and Lem Small the Smallcandidate for term. The race between Col. Frank twice denied United States senate, and Otis his Republican for the on the Deneen state, was than the but lead he held tenacithe night Robert Crowe, state's and Small standard bearer for with Judge the had the of the Emmerson, with lead of more from of the him the than 375,000 greater figure than the Emmerson forces had predicted. Governor Small home expected county and than 500 but the Chicago Her and Examiner which supported him, o'clock indicated its belief he was gubernatorial vote for the 413 222,301 Glenn majority 22,000 returns from 1,003 Three hundred of Cook county's Judge John for state's torney and Robert Crowe, 27,677 547 the presidential of nois' Republicans had for 131 of out. on got in the the but returns from Chicago, April 10 Senator Medill and daugh ter Mark than 1,000 for the Repub. for the CONTINUED ON PAGE 13.) Bring Action to Collect Statutory Liabilities of Stockholders in Failure. Special The Chester Tuesday evening at the Chester before Judge Rice of Aiken, H. Hart of York appointed ceiver action brought by cer. tain for the purpose collecting the liabilities stockholders the defunct Peo Bank & Trust Company of York issue present brought the hearing the plaintiffs and defendants the tion should the hear. ing that the the York illegal and that its alleged capital stock was made curities the Peoples' Bank Trust company and for the pur pose upon for the appointment Carl H Hart of York received and asked for order records and assets of Peoples Bank Trust company of York. full arguJudge The contested the right the liability They That plaintiffs been and which has not heard the court this by fail and tirely him do. legal first decided That plaintiffs inspect all the has That the has fered and relating to the stock ledger and that the the has 30 per be paid. and The status the regarding assets follows Scores White Criminals The April that the people of the the the the groes are haled before the the nal white Judge tools his charge the grand at the spring of the which court vened terms the South Carolina for their part the Loses Valuable Cow. Special The S. Josey this has of milk from his herd and has another Guernsey serious by chewing sacks that had contained exteium which Mr. Josey was building his herd.

4. January 4, 1930 The Gaffney Ledger Gaffney, SC
Article from The Gaffney Ledger, January 4, 1930

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Article Text

BANK AT TO CITIZENS New Institution Likely to Materialize if Support is Assured. York, Jan. not York have bank pends the attitude toward the projected enterprise of York people themselves, according to Perry, of Ridgeland, purchaser recent sale of the building and fixtures the defunct Peoples Bank and Trust Company of York. Perry, who visiting Perry, not discussed the situation with business but has this York people bank and will give tangible assurtheir support, the bank will most likely according Perry. He expects to thoroughly the situation fore proceeding farther with Mr. Perry has had considerable banking formthe Bank of Ridgeand present the board of directors of that York has had but one banking institution, the Loan Savings since the failure of Peoples Bank Trust Company three ago. The general opinion seems be there amroom for another bank. Fort Clover and three county towns that are than have two banks each.