Mechanics Bank - Augusta, GA

Episode Information

Episode UID: 7295514090900
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 729551409 hash
Start Date: December 30, 1874
Location: Augusta, Georgia (33.471, -81.975)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: ae4a224e58a165cc

Response Measures

None

Events (1)

1. December 30, 1874 Receivership

Newspaper Excerpt: The Supreme Court of Georgia ... decided that the bill-holders are entitled to a receiver.
Source: newspapers

Newspaper Articles (1)

1. December 31, 1874 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, December 31, 1874

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Article Text

Decision in a Bank Case. AUGUSTA, GA., December 30—The Supreme Court of Georgia, in the case brought by certain bill-holders against the Mechanics Bank of Augusta and its stockholders, decided that the bill-holders are entitled to a receiver.

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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