Peoples Bank (Hattiesburg, MS)

Episode Information

Episode UID
8550835391293
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
855083539 hash
Start Date
September 4, 1907
Location
Hattiesburg, Mississippi (31.327, -89.290)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3c7d53617621506d

Response Measures

None

Events (2)

1. September 4, 1907 Receivership
Newspaper Excerpt
the Hattiesburg Trust and Banking Company, which was appointed receiver in the matter of the failure of the People's Bank
Source
newspapers
2. March 6, 1911 Other
Newspaper Excerpt
will, on Monday, the 6th day of March. 1911. offer for sale and will sell at public auction for cash ... assigned by the Hattiesburg Trust & Banking Co. as assignee of the People's Bank
Source
newspapers

Newspaper Articles (2)

Article from Hattiesburg Daily News, September 4, 1907

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Article Text

SAMBO SMILED WHEN IVIDENDS ME HIS WAY Every ot negro one met on the streets yes ay had a smile on his fac or her at was of the "won't come off" ty and it was a matter of commer this unusual display of sunny sm es. The reason was easily arrived at when it becare known that a dividend of 20 per celt. had been declared for the benefit q the creditors of the defunct negro bank known as the People's Bank. The affairs of this bank have been and are being straightened out by the Hatileşburg Trust and Banking Company, which was appointed receiver in the matter of the failure of the Peolle's Bank, and through the conseratve and careful management of the leceiver the depositors in the negro bnk will be greatly benefited. Mr. L. Bennett, cashier of the Hattiesung Trust and Banking Company, as devoted a great deal of his attentin to the matters of the defunct ank and to his energies the preser Promising outlook for saving S a larg Percentage of the money of the deposor's in the negro bank, is due. All iay long negroes beseiged the Hattisburg Trust and Banking Company offices and were paid their 20 r per nts dividend as soon as they made for al application. It will take some tin, to pay off all the credit S as some ave not yet learned of th ir good flor ne. di


Article from The Hattiesburg News, February 10, 1911

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Article Text

trust has been assigned by the Hattiesburg Trust & Banking Co. as assignee of the People's Bank to C. O. Eure, the present owner; I will, on Monday, the 6th day of March. 1911. offer for sale and will sell at public auction for cash to the highest and best bidder at the front door of the Forrest county court house, during legal hours, the following described land, being and situate in Forrest county, state of Mississippi, to-wit: N. E. 1-4 of the N. E. 1-4, Sec. 10, Township 3, North Range 13 West, contain-