Georgia Banks Fall as Trust Company Fails
Atlanta July 14 Forty eight Georgia banks and the Bankers Trust Company of Atlanta serving 120 banks statewide have closed since Monday as the trust company failed. Total capitalization exceeds 1,000,000 with resources over 10,439,120. Receivership halted bank actions. many closures blamed on the trust company shutdown though some banks could seek other finances.
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Atlanta
Trust Company
G. H. Howard
Fulton Superior Court
Bankers Trust Company
Georgia State Bank
Judge Orville Park
Macon
Collregel
Georgia Bankers Association
Planters Bank of Donaldegonville Opens Amid System Closings
Federal Reserve Board notes Georgia and Florida member banks are in good shape as Planters Bank of Donaldegonville opens for business. The Leesburg Bank in Lee County also closed recently, part of a wider system action affecting over a hundred banks in the two states.
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Federal Reserve Board
National Bank
State Bank
Federal Reserve System
Georgia
Florida
Donaldegonville
Planters’ Bank
Bank of Leesburg
Lee County
New Record Circumnavigates World in 28 Days 14 2
New record circumnavigating the globe by air ships trains and cars set by Linton O Wells and Edward H Evans arrives in New York after completing the feat in 28 days 14 hours 2 minutes. The pair beat Jules Verne inspired time by a week and a half using modern propulsion.
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Globe
New York
Jules Verne
Verne
Linton O. Wells
Edward
Evans
Racing pair's near-global flight ends with delays and mishaps
The two aviators began in New York June 16 aiming to circumnavigate the world by air. They crossed France, Germany, Russia, Syria, China, Japan, and the United States totaling 21,006 miles with 11 stops and eight thousand miles by air. Delays and missing equipment cost a day and forced stoppages in Seattle and Cleveland as they awaited suitable planes and did not clear a dark crossing.
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Pulitzer
Europe
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Syria
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Japan
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John Henry Nears
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Seattle
Cleveland
Sikorsky
Air Mai
Air Mail
Wells
Subway Strike Continues Despite Official End Claim
The Associated Press reports the subway strike shows new life as 105 workers walk out from the Seventy-fourth Street power house. The strike nears its second week while service remains near normal, with most strikers being motormen and switchmen.
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Associated Press
New York
Interborough Rapid Transit Company
Seventy-fourth Street
Subway
Seven Wounded in Gun Fight on Broadway
New York police report a second Broadway gun battle within 36 hours leaving seven people wounded. Investigations continue as authorities seek suspects and motive.
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Broadway
New York
Gunfight on Broadway Leaves Several Wounded
A hold up man opened fire during a crowd on Broadway as thousands headed to theatres. Seven people were wounded, including three women, as police engaged the suspect. Miller, 35, from Buffalo, fired a dozen shots at officers in a restaurant on Eighth Avenue near 51st Street before being wounded and captured after a chase that sent shoppers fleeing and a cab crashing onto the sidewalk.
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Broadway
Madison Square Garden
Jen Miller
Buffalo
Miller
Eighth Avenue
51St Street
Traf
Fic
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