Article Text
Receiver Appointed. Macon. Ga., Sept. 30.-A Barnesvine, Ga., special to The Telegraph says: A temporary receiver has been appointed for the People's Bank, successor to the
Peoples Bank (Barnesville, GA)
Episode Information
- Episode UID
7857824191233- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
785782419hash - Start Date
- September 30, 1902
- Location
- Barnesville, Georgia (33.055, -84.156)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
7c0ce4ef3619f991
Response Measures
None
Description
Temporary receiver in Sept 1902 was dismissed and bank reopened, but in Jan 1903 the bank assigned to receivers and injunctions followed.
Events (4)
1.
September 30, 1902
Suspension
- Cause
- Government Action
- Cause Details
- Court appointed temporary receiver at the instance of United States Fidelity & Guarantee Company over a $3,800 deposit bond
- Newspaper Excerpt
- A temporary receiver has been appointed for the People's Bank, successor to the Barnesville Savings Bank
- Source
- newspapers
2.
October 2, 1902
Reopening
- Newspaper Excerpt
- The bank will open and resume business to-morrow. Vice President Thurman ... succeeded in having the temporary receiver dismissed. (Oct. 1-2, 1902 articles)
- Source
- newspapers
3.
January 6, 1903
Receivership
- Newspaper Excerpt
- The People's bank ... made an assignment today to E. Rumble and A. A. Murphey. The affairs are now in the hands of receivers. (Jan. 6-7, 1903 articles)
- Source
- newspapers
4.
January 6, 1903
Suspension
- Cause
- Government Action
- Cause Details
- Bank failed to take up certificates under reorganization plan and made assignment to receivers after which suspension was reported
- Newspaper Excerpt
- The peoples bank of Barnesville, Ga., has suspended.
- Source
- newspapers
Newspaper Articles (11)
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Article Text
Temporary Receiver Appointed. Macon, Ga., September 30.-A Barnesville, Ga., special to the Telegraph says: A temporary receiver has been appointed for the People's bank, successor to the Barnesville Savings bank, which failed a few months ago. The action of the court is due to a proceeding undertaken by the United States Fidelity and Guarantee company, on account of a deposit of $3800 made by the tax collector of the county for whom the company stood bond."
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Article Text
Receiver for Georgia Bank. MACON, GA., September 30.-A Barnesville (Ga.) special to the Telegraph says that a temporary receiver has been appointed for the People's Bank, successor to the Barnesville Savings Bank, which failed a few months ago.
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Article Text
Temporary Receiver Appointed. Macon, Sept. 30.-A Barnesville special to the Telegraph says that a temporary receiver has been appointed for the People's Bank, successor to the Barnesville Savings Bank, which failed a few months ago. The action of the court is due to a proceeding undertaken by the United States Fidelity and Guarantee Company on account of a deposit of $3,800, made by the tax collector of the county for whom the company stood bond.
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Article Text
RECEIVER DISMISSED. Vice President Thurman of Barnesville Bank Gives Demanded Security. Atlanta, Oct. 1.-A special to the Constitution from Barnesville, Ga., says: "Vice President Thurman and general counsel of the People's Bank of Barnesville appeared before Judge Reagan to-day at McDonough and by giving bond for the amount demanded by a fidelity and guarantee company, succeeded in having the temporary receiver dismissed. "The bank will open and resume business to-morrow."
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Article Text
RECEIVER IS NAMED FOR PEOPLE'S BANK BARNESVILLE, Ga., Sept. 30.-Judge Reagan has appointed Colonel J. F. Redding temporary receiver of the People's Bank, successor to Barnesville Savings bank, and set the hearing for October 8th on permanent receivership. This action is at the instance of the attorney for the bond company, which is security for Tax Collector Hunt, a statement of which appeared in The Journal Monday. Dr. J. P. Thurman, vice president of the bank, has wired Judge Reagan for an immediate hearing and says there will be no trouble to have the receivership dissolved. He says the state is not involved and the bond company cannot make a case of it.
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Article Text
People's Bank to Reopen, Barnesville, Ga., Oct. 2.-Dr. Thurman, vice president, and Colonel Lambdin, attorney for the People's bank of Barnesville, have appeared be. fore Judge Reagan at McDonough and by giving bond for the amount demanded by the Fidelity and Guranatee company, succeeded in having the The temporary receiver dismissed. case will have a hearing at Pike su perior court next week. The bank will open and resume business today.
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Article Text
Receiver For Georgia Bank. Macon, Ga., Special-A Barnesville special to The Telegraph says that a temporariy receiver has been appointed for the People's Bank, successor to the Barnesville Savings Bank, which failed a few months ago. The action 0 fthe court is due to a proceeding undertaken by the United States Fidelity and Guarantee Company on account of a deposit of $3,800 made by the tax collector of the county for whom the company stood bond.
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Article Text
PEOPLE'S BANK ASSIGNS. The Affairs Are Now in the Hands of Receivers. Barnesville, Ga., Jan. 6.-The Peo ple's bank, of this city, successor to the Barnesville Savings bank, which failed in December, 1901, made an assignment today to E. Rumble and A. A. Murphey. Under the reorganization plan the new bank was to take up certificates to the amount of $18,000 Jan.. 1. This it failed to do. Mr. Rumble is one of the largest depositors of the old bank. wilmingnam merchant Held Up. Birmingham, Ala., Jan. 6.-David Church, a well known grocery merchant, was held up at his place of business on Avenue F and Fifteenth street, at 2 o'clock this morning by two white men and a negro, all heavily armed, and was forced to open his safe and turn over $69 to them. The robbers then discussed shooting him to death, but one objected, so they bound and gagged him and tied him to his bed on the second floor, and set fire to the house, intending to cremate him alive. Church was unable to release himself until the flames burn. ed away the cord which held him. Then he ran through the fire to a window and sprang out and gave the alarm. The store was burned, with a loss of $5,000. There is now clew to the perpetrators.
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CONDENSED WORLD NEWS. The peoples bank of Barnesville, Ga., has suspended. Col. Evan P. Howell was sworn in as mayor of Atlanta on Monday. Senator Cullom hopes to report the I Cuban reciprocity treaty in about a week. i , The blockade of Venezuelan ports by Germany and Great Britain will t remain in force. Former Premier Sagasta, of Spain died at 11 o'clock Monday night of heart failure, at his home in Madrid : Th new Pacific cable is now completed to Hawaii and messages with Honolula are now daily received and sent. The triangular fight for the U.S senatorship in Delaware is now on and the public will again be filled with as-Addicks Seventeen deaths have occurred from lockjaw at Norfolk, Va. since the holidays as a result of wounds inflicted by toy pistols. Thomas J. Conrad, baggage agent at the Union depot, Macon, Ga. was murdered Monday by a young negro employe. The negro has ecaped. President Roosevelt has snubbed the lily white republicans of South Carolina by appointing W. D. Crum, a well-known negro, collector of the port of Charleston. The appointment has aroused the bitterest feeling. The Episcopal church council of Mississippi which is to meet in Jackson on the 20th inst., will probably elect Rev. Dr. Arthur Lloyd, of Richmond, Va., bishop, in place of the late Bishop Hugh Miller Thompson. Dr. David Jayne Hill, first assistant secretary of state, will resign to accept the post of U. S. Minister to Switzerland. Dr. Hill has held the office of assistant secretary of state longer than any of his 24 predecessors, excepting Mr. Seward. The census bureau report on the cotton ginned from the 1902 crop, up to and including Dec. 13th, last, is 9,321,834 bales, irrespective of shape or weight, equal to 8,905,503, according to the commercial counting. This is 90.2 per cent of the crop. Mrs. Francis-Spyhalski of Toledo, Ohio, on Monday gave birth to quadruples, two girls and two boys. The latter being named Samuel Jones and Theodore Roosevelt. Mrs. Spybalski six years ago gave birth to twins and about a year later to triplets. All of these have died. Judge Gaynor of the New York supreme court has granted an order restraining the executive committee of Tammany Hall from meeting or taking any action pending a hearing by the court for the re-seating of Wm. S. Devery, as a member of the committee from the Ninth district. A mob at Indianola, Miss., has forced a negress. postmistress at that place, to resign, but the department at Washington will not accept the woman's resignation, and has closed the Indianola postoffice until such time as the citizens will accept their negro postmistress The mayor of the town says that conditions are such that he would not advise the i woman to open the office, but he says he will protect the woman's life and property.
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INJUNCTION AGAINST THE PEOPLE'S BANK. Barnesville, Ga., Jan. 15.-On the petition of Col. E. A. Stephens of this city, and associate counsel, and Cabaniss and Willingham of Forsyth, representing certificate holders and depositors, whose claims amount to about $10,000, a temporary injunction was granted against the People's Bank of Barnesville, its officers and assignees, restraining them from changing the status of the bank's estate in any manner whatever, and citing them to appear before Judge L. S. Roan in Atlanta, on Jan. 31, to show cause why the assignees should not be dismissed and a receiver appointed to wind up the affairs of the bank.