Peoples Savings Bank (Thomasville, GA)

Episode Information

Episode UID
7892117191597
Episode Type
Suspension โ†’ Closure
Bank Type
savings
Bank ID
789211719 hash
Start Date
January 23, 1933
Location
Thomasville, Georgia (30.839, -83.979)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a087bc66b6cac846

Response Measures

None

Description

Article 1 contains OCR errors that were corrected (e.g., People's and fragmented words).

Events (2)

1. January 23, 1933 Suspension
Cause
Government Action
Cause Details
Failed to open for business and was taken under supervision/affected by the state banking department.
Newspaper Excerpt
THOMASVILLE BANK CLOSES ITS DOORS Jan. People's Savings bank failed to open for business today. ... would affected under the state banking department.
Source
newspapers
2. October 26, 1935 Receivership
Newspaper Excerpt
THOMASVILLE, Ga., Oct. 26.โ€”A 10 per cent dividend, payable as of Monday, Oct. 28, was announced yesterday by W. C. Patterson, liquidating agent, for the closed People's Savings bank of this city, the dividend amounting to $16,941.87.
Source
newspapers

Newspaper Articles (2)

Article Text

THOMASVILLE BANK CLOSES ITS DOORS Jan. People's Savings bank failed to open for business today. The would affected under the state banking department. The institution capitalized $50,000 with assets $285,000 deposits slightly excess of $210,000, owing no money except deposiBall president. church and McGrew vice presidents.


Article Text

Dividend Is Paid By Bank Receiver THOMASVILLE, Ga., Oct. 26.โ€”A 10 per cent dividend, payable as of Monday, Oct. 28, was announced yesterday by W. C. Patterson, liquidating agent, for the closed People's Savings bank of this city, the dividend amounting to $16,941.87. Payment of this dividend will bring the total payments to unsecured depositors to $154,000, and including secured deposits the amount paid de-