Planters Bank of Fairfield (Winnsboro, SC)

Episode Information

Episode UID
8905545490840
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
890554549 hash
Start Date
December 31, 1869
Location
Winnsboro, South Carolina (34.381, -81.086)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d96194d07e0e20ee

Response Measures

None

Description

Receiver appointed and assets liquidated; later references call the bank dead and mention a successor.

Events (2)
1. December 31, 1869 Receivership
Newspaper Excerpt
it devolves upon me as a duty under the provisions of said Act to appoint a suitable person as receiver of said Bank ... It is therefore ordered that Sami. B. Clowney, Esq., ... be appointed Receiver of the Planters Bank of Fairfield,
Source
newspapers
2. March 10, 1871 Other
Newspaper Excerpt
SALE OF BANK PROPERTY, S. B Clowney, Receiver. ... I will sell to the highest bidder ... the following property of the Planter's Bank of Fairfield ... One large Iron Safe, and other furniture belonging to the said Bank
Source
newspapers

Newspaper Articles (3)
1. January 19, 1870 The Fairfield Herald Winnsboro, SC
Article from The Fairfield Herald, January 19, 1870

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Article Text

State of South Carolina---Fairfield County. HEREAS I have been notified by Hon. W J. L Neagle. Comptroller-General of said State, that the Planters Bank of Fairfield has failed to make any report to his office in accordance with the requirements of the Act of the General Assembly of the said State, approved March 13th, 1869, entitled "An Act to enable the Banks of the State to renew business or to place them in liquidation." And whereas it devolves upon me as a duty under the provisions of said Act "to appoint a suitable person as receiver" of said Bank. It is therefore ordered that Sami. B. Clowney, Esq., of the State and County aforesaid, be appointed Receiver of the "Planters Bank of Fairfield," and that he do take charge of the property and assets of said Bank and forthwith proceed to comply with all the provisions of said Act, in relation to the duties of receiver. Signed, J. M. RUTLAND, Judge 4th Circuit, 3.C. December 31st, 1869. Pursuant to the above order of the Hon. J. M. Rutland, Judge of the 4th Circuit of South Carolina, appointing the undersigned "Receiver of the Planters Bank of Fairfield," notice is hereby given to all persons having claims against the said Bank, that they must be presented and proven within Forty days from the date of this notice, at his office in Winnsboro, S. C. SAML. B CLOWNEY, Winnsboro. S. C., 10th January, 1870. Receiver. jan 11-t3x2

2. March 22, 1871 The Fairfield Herald Winnsboro, SC
Article from The Fairfield Herald, March 22, 1871

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Article Text

Terms of Sale. One third cash, for the balance. & credit of one year. with interest thereon from the day of sale payable annually until the whole of the debt and interest bepaid Purchasers to give bond and a of the premises, and pay for all necessury papers and revenue Hamps. L. W. DUVALL, 8. F.C. Sheriff's Office, Winneboro, March 10, 1871 mar 11-|1x2 SALE OF BANK PROPERTY, S. B Clowney, Receiver. vs. Thos. J. Robertson, et. ais, , Creditors of the Plan. ters Bank of Fairfield-Bill for Injunetion and Instruction, BY authority granted mo by an order of the Court made 22d March, 1870, 1 will sell to the highest bidder nt public outcry during the legal hours of sale, before the Court House door in Winnsboro, on the first Monday in April next, the fol lowing property of the Planter's Bank of Fairfield to. wit: One large Iron Safe, and other furniture belonging to the said Bank, also, certain choses in action. Term , of sale Cash. S. B. CLOWNEY, Receiver. mar 18-j1x2

3. August 5, 1880 The News and Herald Winnsboro, SC
Article from The News and Herald, August 5, 1880

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Article Text

# A QUERY ON THE CODE, Messrs. Editors:-I am a strong advocate of the code of honor, and think it the proper rule and guide of conduct, for gentlemen. I regard myself as a gentleman of the first water, and can not brook an insult. Now, I find on inspection of the records, (yes, it is recorded against me,) of a case by the Planters' Bank of Fairfield against me on a note for money loaned me, and which I never defended, in what is called the Declaration, the following words of me, the defendant: "Yet the said defendant. not regarding his said several promises and undertakings, made in form aforesaid but contriving and fraudulently intending craftily and subtilely to deceive and defraud the said plaintiff in this behalf, has not as yet paid the said several sums of money, or either of them or any part thereof to the said plaintiff, although often requested to do so." The question I wish to ask you (for of course you will agree that this was an insult of the most aggravated character,) is, whether twenty-one years having elapsed since this vile slander was perpetrated-I can now properly challenge the bank; and if so, what particular officer shall I challenge? Again, if the proper officer be dead, can I challedge his administrator? Yours truly, B.. FURIOSO. P. S. & N. B.--This is a private letter, and not for publication. [We can find no information on this point in our Cyclopedia. The statute of limitation might be pleaded, unless the maxim "nullum tempus occurrit regi," applies to the Code. As the form in question was printed, the printer might be held responsible. The death of the Planter's Bank is a serious obstacle; but the Receiver got its assets and he should satisfy all claims, certainly this one, if he makes himself privy by collecting the money. Otherwise, the Winnsboro National Bank, as successor, comes in. We would not go for an administrator. Administrators have a rough enough time any how. ED.]