Citizens National Bank (Dickson, TN)

View Charter #8292 on SPMC View balance sheet

Episode Information

Episode UID
829201607
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
82920 national
Charter Number
8292
Start Date
November 3, 1933
Location
Dickson, Tennessee (36.077, -87.388)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
53a4408794bf69b2

Response Measures

None

Receivership Details

Depositor recovery rate
73.8%
Date receivership started
1933-11-03
Date receivership terminated
1937-05-18
Share of assets assessed as good
36.9%
Share of assets assessed as doubtful
47.0%
Share of assets assessed as worthless
16.1%

Description

Used known receivership date (1933-11-03); articles report receiver appointments in Nov–Dec 1933.

Events (4)
1. July 6, 1906 Chartered
Source
historical_nic
2. November 3, 1933 Receivership
Source
historical_nic
3. November 3, 1933 Receivership
Newspaper Excerpt
James W. Douglas, discount teller at the American Trust and Banking company, has been appointed receiver for the Citizens National bank at Dickson, by the comptroller of the currency ... to replace W. A. Meadow, who has been acting conservator of the Citizens' National.
Source
newspapers
4. December 17, 1933 Other
Newspaper Excerpt
Walter M. Cameron ... received notice last night from J. F. T. O'Connor, comptroller of the currency, of his appointment as receiver of the Citizens National bank, of Dickson, Tenn.
Source
newspapers

Newspaper Articles (2)
1. November 10, 1933 Chattanooga Daily Times Chattanooga, TN

Article Text

AMERICAN TRUST TELLER DICKSON BANK RECEIVER James W. Douglas, discount teller at the American Trust and Banking company, has been appointed receiver for the Citizens National bank at Dickson, by the comptroller of the currency at learned yesterday Mr. Douglas has been with the American Trust for about six years. He left Chattanooga Saturday for Dickson to replace W. A. Meadow, who has been acting conservator of the Citizens' National. Dumb waiters usually carry everything but gossip.

2. December 18, 1933 Chattanooga Daily Times Chattanooga, TN

Article Text

CAMERON SELECTED AS BANK RECEIVER South Pittsburg Man Chosen to Liquidate Citizens' National at Dickson. Chattanooga Times Special. SOUTH PITTSBURG, Tenn., Dec. 17.—Walter M. Cameron, who for the past several years has been cashier of the South Pittsburg Savings bank, received notice last night from J. F. T. O'Connor, comptroller of the currency, of his appointment as receiver of the Citizens National bank, of Dickson, Tenn. Mr. Cameron will leave here tomorrow morning for Dickson to take over his new duties. His appointment received the indorsement of United States Senators Nathan L. Bachman and Kenneth D. McKellar and was not solicited by the Marion county democratic leader. Saturday Mr. Cameron will meet the stockholders of the South Pittsburg Savings bank and offer his resignation as cashier. No successor to him has been agreed upon yet. Cameron has had wide experience in the field of business and banking. The bank he will take over and liquidate has assets valued at approximately $750,000. For the past twenty-six years Cameron has been the municipal judge of South Pittsburg, his tenure of office being without interruption. He does not plan to resign this office. Its affairs are to be managed by a competent clerical staff, Cameron announced today. Last year Mr. Cameron sought the democratic nomination for congress in the Third congressional district. He was defeated by the incumbent, Congressman Sam D. McReynolds, of Chattanooga.