W. C. & L. Lanier - West Point, GA

Episode Information

Episode UID: 7518558191162
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 751855819 hash
Start Date: October 20, 1896
Location: West Point, Georgia (32.901, -85.140)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 988656f9d1c43e6d

Response Measures

None

Description

Assigned to named individuals (receiver/assignees) indicating failure and closure.

Events (1)

1. October 20, 1896 Receivership

Newspaper Excerpt: W. C. and L. Lanier, bankers, assigned this morning to E. F. Lanier, J. T. Zachary, and J. D. Johnson. Failure to realize on securities, depreciation in the value of assets and the general business depression are said to be the cause of the failure.
Source: newspapers

Newspaper Articles (1)

1. October 21, 1896 The Times Richmond, VA

Article from The Times, October 21, 1896

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Article Text

Business Tronbles, WEST POINT, GA., Oct. 20.-W. C. and L. Lanier, bankers, assigned this morning to E. F. Lanier, J. T. Zachary, and J. D. Johnson. Failure to realize on securities, depreciation in the value of assets and the general business depression are said to be the cause of the failure. The liabilities and assets are not yet known, nor the amount owing depositors. NEW ORLEANS, Oct. 20.-The Blue. fields Banana Company, whose headquarters are at Galveston, with a branch in this city, has made an assignment. Liabilities about $60,000, with assets valued at $25,000. The company was organized in October, 1890, and had three steamers, (which plied between Galveston and Cen'tral American ports. Of late years the 'steamers have come direct to New Orleans, and the company transacted most of its business from here. F. Conger, of Galveston, was president.