Bank Failure Triggers Receivership Turmoil in Yorkville
The Commercial and Farmers Bank failure precipitated receivership actions against the Ganson Dry Goods Company of Yorkville. The Charlotte Clothing Company filed the initial complaint, and notices to appear were served on Temporary Receiver Moore and Major James F Clart, with further court action expected. Stock on hand valued at 15000 to 20000 dollars, plus numerous uncollected accounts, underscore the financial strain.
MENTIONED IN THIS ARTICLE
Commercial and Farmers’ Bank
Charlotte Clothing Company
Thomas F. McDow
James F Clart
Moore
Gage
Chester
M F Jones
Ganson Dry Goals Company
Ganson Dry Goods Company
Dmes F Hart
Commercial and Farmers’ Bank of Rock Hill
Gansan Dry Goods Company
Yorkville
Jones
Yorkville Enquirer
Commercial and Farmers’ Bank of
Rock Hill
Big Ganson Dry Goods Company
Benet
Camden
B. Moore
Local Matters and deaths in Lancaster County update
Cotton market closing prices and local trading notes. Community notices include tax deadlines, penalties, and county treasurer activity. Obituary reports miss Daisy Huey and Lovie Sullivan. a local girl Nora Secrest and Miss Maggie Gladden visiting. several social notices and dispensary profits listed. The piece notes weathered roads, jail population, and a police outlook with the Bryan visit.
Receiver's Statement Shows Bank Surplus After Liabilities
Rock Hill Herald reports David Hutchinson as receiver of the Commercial and Farmers Bank released a highly encouraging statement. After verifying every item the bank shows a surplus of 2455.05 after all liabilities are paid. The report notes careful verification and promises further details.
MENTIONED IN THIS ARTICLE
Commercial and Farmers Bank
David Hutchinson
Commercial and Farmers’ Bank
Abe
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