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F E D E R A L RESERVE B A N K O F N E W YORK Circular No. 347, February 18, 1921, supplementing circulars No. 345, dated F e b r u a r y J ] , 1921, No. 313, dated February 9, 1921, No. 340, dated J a n u a r y 29, 1921, No. 331, dated December 30, 1920. No. 309, dated October 15,1920, No. 286, dated J u n e 1, 1920, No. 278, dated May 17, 1920, modifying circular No. 258, dated March 1, 1920. Check Department ) • Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection To all Member Banks in the Second Federal Reserve District: For the present, checks drawn on those nonmember State banks located in North Carolina listed on the following page cannot be accepted by us for collection through the Federal Reserve Bank of Richmond. This is due to a temporary restraining order which these institutions have obtained from the Superior Court for Union County, North Carolina, as plaintiffs, in an injunction suit against the Federal Reserve Bank of Richmond. T h e temporary order restrains that bank from returning as dishonored any check drawn upon any one of the banking institutions named, or upon any other nonmember State bank within the jurisdiction of North Carolina joining the suit, which the drawee bank refuses to pay except in exchange at less than par. The restraining order does not, however, apply to checks drawn on or before February 5, 1921, nor to checks on any banks which have not become parties to the suit. T h e Federal Reserve Bank of Richmond advises us t h a t it will move to dissolve the injunction. Very truly yours, BENJ. STRONG, Governor NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond. Name location Name Location Aberdeen Merchants & Farmers Bank Lillington Harnett County Trust Company Aberdeen Lucama The Lucama Bank Angier Page Trust Co. Angier Bank & Trust Company Marshville Mutual Bank and Trust Company Atkinson Bank of Atkinson Middlesex Middlesex Banking Company Bailey Bailey Banking Company Monroe Farmers & Merchants Bank Bennett Bank of Bennett Nashville Bank of Nashville Bonlee Bonlee Bank and Trust Company Norlina Bank of Warren Broadway Burlington Bank of Broadway Oxford Union Bank and Trust Company Candor Carthage Alamance Bank and Trust Company Pinehurst Bank of Candor Pine Level Bank of Pine Level Page Trust Co. Pinetop Planters Bank Cary Bank of Cary Pittsboro Bank of Pittsboro China Grove Bank of China Grove Pittsboro Farmers Bank Ellerbe Bank of Ellerbe Raeford Bank of Raeford Ellerbe Bennett Bank and Trust Company Raeford Bank of Hoke Elon College Elon Bank and Trust Company Ramseur Bank of Ramseur Eure Farmers Bank Rockwell Bank of Rockwell Franklinville Bank of Franklinville Rose Hill Bank of Rose Hill Garysburg Merchants and Farmers Bank Roxboro Bank of Roxboro Gatesville Bank of Gates Roxboro Peoples Bank Gates ville Planters Savings Bank Roxobel Bank of Roxobel Granite Falls Bank of Granite Seagroves Bank of Seagroves Hamlet Bank of Hamlet Siler City Siler City Loan & Trust Company Hamlet Page Trust Co. Stanley Farmers and Merchants Bank Haw River Bank of Haw River Troy Bank of Montgomery Bank of Pinehurst Hendersonville First Bank & Trust Company Turkey Bank of Turkey Hillsboro Bank of Orange Wake Forest Bank of Wake Hookerton Bank of Hookerton Warsaw Bank of Warsaw Jackson Springs Bank of Jackson Springs Warren Bank of Warren Jonesville Bank of Jonesville Warrenton Citizens Bank Kelford Bank of Kelford Weldon Weldon Bank and Trust Company Kernersville Bank of Kernersville Winter ville Bank of Winterville Land is Merchants and Farmers Bank Winton Merchants and Farmers Bank Liberty Bank of Liberty Zebulon Bank of Zebulon Lillington Bank of Lillington February 18, 1921 1—Ca^k F E D E R A L RESERVE BANK O F N E W YORK • February 24, 1921 department Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 1 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes the list of banks accompanying our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As described in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours, BENJ. STRONG, Governor . FEDERAL RESERVE BANK OF N E W YORK Revised List—No. 1 f February 24, 1921, superseding^ list accompanying: Federal Reserve Bank of New York Circular No. 347, dated Februlary 18, 1921, NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Name Merchants & Farmers Bank Aberdeen Page Trust Co. Aberdeen Stanly County Loan & Trust Co. Albemarle Merchants & Farmers Bank Andrews Angier Bank & Trust Co. Angier Bank of Pamlico Arapahoe Ashboro Bank & Trust Co. Ashboro Bank of Atkinson Atkinson T h e Haynes Bank Avondale Bank of Badin Badin Bailey Banking Co. Bailey Banners Elk Bank Banners Elk Bank of Pamlico Bayboro Beaufort Banking & Trust Co. Beaufort Bank of Belhaven Belhaven Bank of Belmont Belmont Bank of Bennett Bennett Bessemer City Bank Bessemer City Bank of Biscoe Biscoe Boiling Springs Boiling Springs Bank Bonlee Bank & Trust Co. Bonlee Bank of Bridgeton Bridgeton Bank of Broadway Broadway Bank of Buies Creek Buies Creek Bunn Banking Co. Bunn Alamance Bank & Trust Co. Burlington First Savings Bank Burlington Bank of Yancey Burnsville Bank of Candor Candor Bank of Carrboro Carrboro Page Trust Co. Carthage Bank of Moore Carthage Bank of Cary Cary Peoples Bank Catawba Bank of Chapel Hill Chapel Hill Peoples Bank Chapel Hill Bank of China Grove China Grove Peoples Bank Claremont Citizens Bank Cleveland T h e Haynes Bank Cliffside Bank of Clyde Clyde Bank of Coleraine Coleraine Peoples Bank & Trust Co. Colerain Bank of Coleridge Coleridge Bank of Columbus Columbus Bank of Dallas Dallas Bank of Stokes County Danbury Citizens Bank Danbury Bank of Denton Denton Bank of Harnett Duke Commercial Bank Dunn State Bank & Trust Co. Dunn Bank of Ellenboro Ellenboro Bank of Ellerbe Ellerbe Bennett Bank & Trust Co. Ellerbe Elon Bank & Trust Co. Elon College Bank of Enfield Enfield • Location Enfield Everetts Fairmont Fletcher Franklin ville Fuquay Springs Garysburg Gates Gatesville Germanton Gibson Gibsonville Graham Granite Falls Granite Quarry Grimesland Halifax Hamlet Harrellsville Haw River Haysville Hendersonville Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jefferson Jonesboro Jonesville Kelford Kenansville Kenly Kernersville King King Landis Lansing Leaksville Lewiston Lexington Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Marion Name Commercial & Farmers Bank Planters and Merchants Bank Bank of Fairmont Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Stokes County Carolina State Bank Bank of Gibsonville Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Page Trust Co. Bank of Harrellsville Bank of Haw River Clay County Bank First Bank & Trust Co. First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Ashe Banking Loan & Trust Co, Bank of Jonesville Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kernersville Bank of King Farmers & Merchants Bank Merchants & Farmers Bank Bank of Lansing Bank of Leaksville Bank of Lewiston Bank of Lexington Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Merchants & Farmers Bank •8uch checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Revised List—No. 1 {.Continued] Location Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Monroe Mooresboro Morganton M o u n t Holly Newland Newton Norlina Norlina Northwilkesboro Norwood Old Fort Oriental Oxford Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Princeton Raeford Raeford Ramseur Randleman Richfield Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxboro Roxboro Name Bank of French Broad Citizens Bank Bank of Marshville M u t u a l Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Farmers & Merchants Bank Bank of Mooresboro Bank of Morganton Central Bank & Trust Co. Avery County Bank Farmers & Merchants Bank Bank of Warren Bank of Norlina Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Bank of Pamlico Union Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Merchants & Farmers Bank Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxboro Peoples Bank Location Roxobel Roxobel Saluda Seagroves Severn Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Stovall Sylva Sylva Tabor Tabor Trenton Troutman Troy Troy Turkey Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Weldon Whitakers Whiteville Whiteville Wilkesboro Winterville Winton Winton Woodland Yanceyville Zebulon Name Bank of Roxobel Roanoke-Chowan Bank Carolina State Bank Bank of Seagroves Bank of Severn Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Farmers & Merchants Bank Jackson County Bank Tuckaseigee Bank Bank of Whiteville Farmers & Merchants Bank Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Weldon Bank & Trust Co. Bank of Whitakers Bank of Whiteville Bank of Columbus Bank of Wilkes Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville Bank of Zebulon 3*7 F E D E R A L RESERVE B A N K OF N E W YORK Check Department March 1, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 2 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 1" sent to you on February 24, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours, BENJ. STRONG, Governor F E D E R A L RESERVE BANK OF N E W YORK Revised List—No. 2 NORTH CAROLINA NONMEMBER STATE BANKS "March 1, 1921, superseding Revised List—No. 1 accompanying' Federal Reserve Bank of New York Circular No. 347, dated February 18, 1921. Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Name Location Aberdeen Aberdeen Albemarle Andrews Angier Arapahoe Ashboro Atkinson Avondale Badin Bailey Banners Elk Bayboro Beaufort Belhaven Belmont Bennett Bessemer City Biscoe Boiling Springs Bonlee Boonville Bostic Bridgeton Broadway Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Colerain Coleridge Conover Conway Dallas Danbury Danbury Denton Dover Merchants & Farmers Bank Page Trust Co. Stanly County Loan & Trust Co. Merchants & Farmers Bank Angier Bank & Trust Co. Bank of Pamlico Ashboro Bank & Trust Co. Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Belmont Bank of Bennett Bessemer City Bank Bank of Biscoe Boiling Springs Bank Bonlee Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Bridgeton Bank of Broadway Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill " Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Coleraine Peoples Bank & Trust Co. Bank of Cbleridge Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Bank of Dover Location Duke Dunn Dunn Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Everetts Fairmont Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Halifax Hamilton Hamlet Harrellsville Haw River Haysville Hendersonville Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jefferson Jonesboro Jonesville Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Name Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Planters and Merchants Bank Bank of Fairmont Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Bank of H a w River Clay County Bank First Bank & Trust Co. First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Ashe Banking Loan & Trust Co. Bank of Jonesville Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Revised List—No. 2 [Continued] Location Lansing Leaksville Lewiston Lexington Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Moeksville Mocksville Monroe Mooresboro Morganton Murphy Newland Newport Newton Norlina Norlina Northwilkesboro Norwood Old Fort Oriental Oxford Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton Raeford Name Bank of Lansing Bank of Leaksville Bank of Lewiston Bank of Lexington Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of French Broad Citizens Bank Bank of Marshville M u t u a l Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro Bank of Morganton The Cherokee Bank Avery County Bank Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Norlina Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Bank of Pamlico Union Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & F a r m e r s B a n k Bank of Hoke Location Raeford Ramseur Randleman Richfield Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxboro Roxboro Roxobel Roxobel Saluda Seagroves Severn Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Stovall Sylva Sylva Tabor Tabor Trenton Troutman Troy Troy Turkey Vass Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Weldon Whiteville Whiteville Wilkesboro Winterville Winton Winton Woodland Yanceyville Name Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxboro Peoples Bank Bank of Roxobel Roanoke-Chowan Bank Carolina State Bank Bank of Seagroves Bank of Severn Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Farmers & Merchants Bank Jackson County Bank Tuckaseigee Bank Bank of Whiteville Farmers & Merchants Bank Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville ^ 1 FEDERAL RESERVE BANK OF N E W YORK Check Department March 5, 1921 Checks on Certain N o n m e m b e r State Banks in N o r t h Carolina T e m p o r a r i l y Unacceptable For Collection REVISED LIST—No. 3 . To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 2 " sent to you on March 1, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours, BENJ. STRONG, Governor F E D E R A L RESERVE B A N K O F N E W YORK Revised List—No. 3 NORTH CAROLINA NONMEMBER STATE BANKS March 5, 1921, superseding Revised List—No. 2accompanyingr Federal Reserve Bank of New York Circular No. 347, Idated February 18. 1921. Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Name Location Aberdeen Aberdeen Albemarle Andrews Angier Ashboro Atkinson Avondale Badin Bailey Banners Elk Beaufort Belhaven Belmont Bennett Bessemer City Biscoe Boiling Springs Bonlee Boonville Bostic Bridgeton Broadway Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel HiU Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Colerain Coleridge Columbus Conover Conway Dallas D anbury Danbury Denton Dover Duke Merchants & Farmers Bank Page Trust Co. Stanly County Loan & Trust Co. Merchants & Farmers Bank Angier Bank & Trust Co. Ashboro Bank & Trust Co. Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Beaufort Banking & Trust Co. Bank of Belhaven Bank of Belmont Bank of Bennett Bessemer City Bank Bank of Biscoe Boiling Springs Bank Bonlee Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Bridgeton Bank of Broadway Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancev Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Bank of Dover Bank of H a r n e t t Location Dunn Dunn Efland Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Everetts Fairmont Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Halifax Hamilton Hamlet Harrellsville Haw River Haysville Hendersonville Hickory Hickory Hillsboro Hillsboro Hollister Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jefferson Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Name Commercial Bank State Bank & Trust Co. Bank of Efland Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Planters and Merchants Bank Bank of Fairmont Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Bank of Haw River Clay County Bank First Bank & Trust Co. First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Hollister Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Bank of Ashe Banking Loan & Trust Co. Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve JJtmk-of -Richmond. Revised List—No. 3 [Continued] Location Lansing Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Monroe Mooresboro Murphy Newland Newport Newton Norlina Norlina Northwilkesboro Norwood Old F o r t Oxford Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Potecasi Princeton Raeford Raeford Ramseur Randleman Name Bank of Lansing Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro The Cherokee Bank Avery County Bank Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Norlina Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Union Bank & Trust Co. Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth B a n k of Potecasi Merchants & Farmers Bank Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Location Richfield Rich Square Rockwell Roper Roseboro Roseboro Roseboro Rose Hill Roxboro Roxboro Roxobel Roxobel Salemburg Saluda Saluda Seagroves Severn Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Stovall Sylva Sylva Tabor Tabor Trenton Troutman Troy Troy Turkey Vass Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Weldon Whiteville Whiteville Williamston Williamston Wilkesboro Winterville Winton Woodland Yanceyville Name Peoples Bank & Trust Co. Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Bank of Salemburg Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxboro Peoples Bank Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Bank of Seagroves Bank of Severn Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Farmers & Merchants Bank Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Farmers & Merchants Bank Martin County Sav'gs & Trust Co. Bank of Wilkes Bank of Winterville Bank of Winton Farmers Bank Bank of Yanceyville ><o F E D E R A L RESERVE B A N K O F N E W YORK • Check Department March 17, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 4 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 3 " sent to you on March 5, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary inj'unction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions j'oining the inj'unction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours, BENJ. STRONG, Governor F E D E R A L RESERVE B A N K OF N E W YORK Revised List—No. 4 NORTH CAROLINA NONMEMBER STATE BANKS r March 17, 1921, superseding Revised List—No.3accompanyiag Federal Reserve Bank of New York Circular No. 347, Ldated February 18, 1921. Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Andrews Angier Atkinson Avondale Bailey Banners Elk Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Boiling Springs Bonlee Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Colerain Coleridge Columbus Conover Conway Dallas Danbury Danbury Denton Dover Duke Dunn Dunn Efland Elk P a r k Name Merchants & Farmers Bank Page Trust Co. Merchants & Farmers Bank Angier Bank & Trust Co. Bank of Atkinson The Haynes Bank Bailey Banking Co. Banners Elk Bank Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Boiling Springs Bank Bonlee Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candt>r Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Efland Citizens Bank Location Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Germantown Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Hickory Hickory Hillsboro Hillsboro Hollister Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jefferson Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Lansing Lasker Leaksville Lewiston Name Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of H a w River Bank of H e m p First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Hollister Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Bank of Ashe Banking Loan & Trust Co Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lansing Bank of Lasker Bank of Leaksville Bank of Lewiston checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Digitized•Such for FRASER Bank of Richmond. Revised List—No. 4 icontim^d] Location Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Monroe Mooresboro M o u n t Holly Newland Newport Newton Norlina Norlina Northwilkesboro Norwood Old Fort Oxford Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Potecasi Powellsville Princeton Raeford Raeford Ramseur Randleman Richfield Richlands Name Commercial & Savings Bank Lexington Bank & T r u s t Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville M u t u a l Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro Central Bank & Trust Co. Avery County Bank Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Norlina Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Union Bank & Trust Co. Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Location Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxboro Roxboro Roxobel Roxobel Salemburg Saluda Saluda Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Trenton Troutman Troy Troy Turkey Vass Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Weldon Whitakers Whiteville Whiteville Wilkesboro Williamston Williamston Winterville Winton Winton Woodland Yanceyville Name Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxboro Peoples Bank Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Weldon Bank & Trust Co. Bank of Whitakers Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin County Sav'gs & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear in thin list. F E D E R A L RESERVE B A N K O F N E W YORK Department March 26, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection R E V I S E D LIST—No. 5 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 4" sent to you on March 17, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours, B E N J . STRONG, Governor FEDERAL RESERVE BANK OF N E W YORK Revised List—No. 5 NORTH CAROLINA NONMEMBER STATE BANKS March 26, 1921, superseding: Revised List—No. 4 accompanying: Federal Reserve Bank of New York Circular No. 347, dated February 18, 1921. Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Name Location Aberdeen Aberdeen Andrews Angier Atkinson Avondale Badin BaileyBanners Elk Beaufort Belhaven. Bennett Bessemer City Biscoe Black Creek Bladenboro Boiling Springs Bonlee Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Colerain Coleridge Columbus Conover Conway Dallas Danbury Danbury Denton Dover Duke Dunn Dunn Efland Merchants & Farmers Bank Page Trust Co. Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Boiling Springs Bank Bonlee Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde, Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Bank of Dover Bank of H a r n e t t Commercial Bank State Bank & Trust Co. Bank of Efland Location Elk Park Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklin ville Fuquay Springs Garysburg Gates Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Halifax Hamilton Hamlet Harrellsville Haysville H a w River Hemp Henrietta Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jefferson Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Lansing Lasker Name Citizens Bank Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Bank of Ashe Banking Loan & Trust Co, Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lansing Bank of Lasker •Such checka are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Revised List—No. 5 [Continued] Location Leaksville Lewiston Lexington Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Monroe Mooresboro Mount Holly M o u n t Holly Newland Newport Newton Norlina Northwilkesboro Norwood Old Fort Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Potecasi Powellsville Princeton Raeford Raeford Ramseur Randleman Name Bank of Leaksville Bank of Lewiston Bank of Lexington Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro Central Bank & Trust Co. Mount Holly Bank Avery County Bank Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Location Richfield Richlands Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Winterville Winton Winton Woodland Yanceyville Name Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin County Sav'gs & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Eeserve Bank, except checks on the banks whose names appear in thv> list. F E D E R A L RESERVE BANK O F N E W YORK Check Department April 4, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 6 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 5" sent to you on March 26, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yoursB E N J . STRONG, Governor F E D E R A L RESERVE B A N K O F N E W YORK Revised List—No. 6 NORTH CAROLINA NONMEMBER STATE BANKS • A p r i l 4, 1921, superseding Revised List—No. 5 accompanyi n g Federal Reserve Bank of N e w York Circular No. 347, Ldated February 18, 1921. Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Andrews Angier Arapahoe Atkinson Avondale Badin Bailey Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Boiling Springs Bonlee Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Coleraine Coleridge Columbus Conover Conway Dallas Danbury Danbury Denton Dover Dulce Dunn Dunn Name Merchants & Farmers Bank Page Trust Co. Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Boiling Springs Bank Bonlee Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & T r u s t Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Bank of Dover Bank of H a r n e t t Commercial Bank State Bank & Trust Co! Location Efland Elk Park Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Halifax Hamilton Hamlet Harrellsville Haysvillc Haw River Hemp Henrietta Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jefferson Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Lansing Lasker Name Bank of Efland Citizens Bank Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Bank of Ashe Banking Loan & Trust Co. Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lansing Bank of Lasker •Such checka are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Revised List—No. 6 [Continued] Location Leaks vi lie Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion M a r s Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Monroe Mooresboro M o u n t Holly M o u n t Holly Newland Newport - Newton Norlina Northwilkesborc Norwood Old Fort Oriental Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Potecasi Powellsville Princeton Raeford Raeford Ramseur Randleman Name Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro Central Bank & Trust Co. M o u n t Holly Bank Avery County Bank Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Location Richfield Richlands Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Winterville Winton Winton Woodland Yanceyville Name Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve fiank, except checks on the banks whose names appear in tiiis list. "bVl F E D E R A L RESERVE B A N K O F N E W YORK Check Department April 22, 1921 Checks on Certain N o n m e m b e r State Banks in North Carolina Temporarily Unacceptable For Collection R E V I S E D LIST—No. 7 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 6" sent to you on April 4, 1921 to accompany our circular No. 347 of 18, 1921 entitled "Checks on Certain Nonmember State Banks in North February Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yoursBENJ. STRONG, Governor FEDERAL RESERVE BANK OF N E W YORK Revised List—No. 7 • A p r i l 22, 1921, superseding ltevised List—No. 6 accompanying Federal Reserve Bank of New York circu,ar No 347 NORTH CAROLINA NONMEMBER STATE BANKS Ldated February 18, 1921.- ' Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Andrews Angier Arapahoe Atkinson Avondale Badin Bailey Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Boiling Springs Bonlee Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Coleraine Coleridge Columbus Conover Conway Dallas Danbury Danbury Denton Denver Dover Duke Dunn Dunn Name Merchants & Farmers Bank Page Trust Co. Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Boiling Springs Bank Bonlee Bank & Trust Co. Commercial & Savings Bank Bostic B a n k Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Location Enand Elk Park Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenansville Kenly King King Knightdale Landis Lansing Lasker Leaks ville Lewiston Name Bank of Enand Citizens Bank Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co. Bank of Kelford Bank of Kenansville Farmers Bank Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lansing Bank of Lasker Bank of Leaksville Bank of Lewiston 'Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Revised List—No. 7 [Continued] Location Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marsh ville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Monroe Mooresboro Mount Holly Mount Holly Newland Newport Newton Norlina Northwilkesborc Norwood Old Fort Oriental Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton Proctorville Raeford Raeford Ramseur Randleman Richfield Name Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro Central Bank & Trust Co. Mount Holly Bank Avery County Bank Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Location Richlands Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro WTilliamston Williamston Winterville Winton Winton Woodland Yanceyville Name Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Br.nk of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Bank, except checks on the banks whose names appear in this list. DigitizedReserve for FRASER -v-n F E D E R A L RESERVE B A N K O F N E W YORK Check April 28, 1921 Department Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection R E V I S E D LIST—No. 8 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an inj'unction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 7" sent to you on April 22, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary inj'unction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions j'oining the inj'unction proceedings, which the drawee bank refuses to pay except in exchange at less than par. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours. B E N J . STRONG, Governor F E D E R A L RESERVE B A N K OF N E W YORK Revised List—No. 8 • A p r i l 28, 1921, superseding Uevlsed List-No. 7 accompanying Federal Reserve Bank of New York Circular No. 347, Ldated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Andrews Angier Arapahoe Atkinson Avondale Badin Bailey Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coleraine Coleraine Coleridge Columbus Conover Conway Dallas D anbury Danbury Denton Denver Dover Duke Dunn Dunn Name Merchants & Farmers Bank Page Trust Co. Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Boiling Springs Bank Bonlee Bank & Trust Co. Peoples Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Location Efland Elk Park Ellenboro Ellerbe Ellerbe Elon College Enfield Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Gulf Halifax Hamilton Hamlet Harrellsville Haysville H a w River Hemp Henrietta Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton H o t Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Lansing Lasker Leaksville Name Bank of Efland Citizens Bank Bank of Ellenboro Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Bank of Enfield Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lansing Bank of Lasker Bank of Leaksville •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Revised List—No. 8 {.Continued] Location Name Lewiston Bank of Lewiston Lexington Commercial & Savings Bank Lexington Lexington Bank & Trust Co. Liberty Bank of Liberty Lillington Bank of Lillington LilJington Harnett County Trust Co. Littleton Bank of Littleton Littleton Planters Bank Lowell Bank of Lowell Lucama Lucama Bank Madison Bank of Madison Madison Farmers Bank & Trust Co. Magnolia Bank of Magnolia Maiden Maiden Bank Manteo Bank of Manteo Marion Merchants & Farmers Bank Bank of Mars Hill M a r s Hill Marshall Bank of French Broad Marshall Citizens Bank Marshville Bank of Marshville Marshville Mutual Bank & Trust Co. Mayodan Bank of Mayodan Maysville Maysville Banking & Trust Co. Micro Citizens Bank Middlesex Middlesex Banking Co. Midland Bank of Midland Mocksville Bank of Davie Mocksville Merchants & Farmers Bank Monroe Farmers & Merchants Bank Mooresboro Bank of Mooresboro Central Bank & Trust Co. M o u n t Holly M o u n t Holly Mount Holly Bank Avery County Bank Newland Newport Bank of Newport Newton Farmers & Merchants Bank Norlina Bank of Warren Northwilkesborc > Bank of Northwilkesboro Norwood Bank of Norwood Bank of Old Fort Old Fort Oriental Bank of Pamlico Parkton Bank of Parkton Parmele Parmele Bank & Trust Co. Pilot Mountain Farmers Bank Bank of Pinehurst Pinehurst Bank of Pine Level Pine Level Pittsboro Bank of Pittsboro Pittsboro Farmers Bank Plymouth Bank of Plymouth Washington County Bank Plymouth Potecasi Bank of Potecasi Powellsville Powellsville Bank Merchants & Farmers Bank Princeton Bank of Proctorville Proctorville Raeford Bank of Hoke Bank of Raeford Raeford Ramseur Bank of Ramseur Randleman Peoples Bank Peoples Bank & Trust Co. Richfield Location Richlands Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanley Stem Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Winterville Winton Winton Woodland Yancey ville Name Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear in this list. FEDERAL RESERVE BANK OF N E W YORK K«V \S<L<L Vjr«nevo.\ L i ? f - >>o » D , - "F\Us o-vc\ Bw\s'\©v\ o^ \\* s \pr\rrV. - l^ev'Seoj list !W7 * »_oJ C/iecfc Department May 26, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 9 * To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 8 " sent to you on April 28, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in t h a t circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. T h e banks whose names are added at the end of "Revised List—No. 9 " on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time t o time as occasion requires. Very truly yoursBENJ. STRONG Governor F E D E R A L RESERVE BANK O F N E W YORK Revised List—No. 9 "May 26, 1921, superseding lievisod List-No. 8 accompanying Federal Reserve Bank of New York Circular No. 347, Ldated February 13, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against tne Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Andrews Angier Arapahoe Askewville Atkinson Avondale Badin Bailey Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde ^Coats Coleraine Coleraine Coleridge Columbus Con over Conway Location Name Dallas Danbury Danbury Denton Denver Dover Duke Dunn Dunn Eiland Elk Park Ellerbe Ellerbe Elon College Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklin ville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Gulf Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Hickory Hillsboro Hillsboro Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Merchants & Farmers Bank Page Trust Co. Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson The Haynes Bank Bank of Badin Bailey Banking Co. Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Boiling Springs Bank Bonlee Bank & Trust Co. Peop'es Bank & Trust Co. Commercial & Savings Bank Bost i Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Havnes Bank Bank of Clyde Bank of Harnett Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Name Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Ed and Citizens Bank Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Checks on all banks in North Carolina both member banks and non-member banks can still be collected at p i r by the Federal Reserve Bank, except check* on the banks whose names appear herein. l 2 Revised List—No. 9 [Continued] Location Jamesville Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Knightdale Landis Laskcr Leaksville Le wist on Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Mantco Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Monroe Mooresboro M o u n t Holly Mount Holly Newland New London Newport Newton Norlina Northwilkesboro Norwood Name Location Old Fort Oriental Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton ProetorviJl<» Raeford Raeford Ramseur Randleman Richfield Richlands Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanley Stem Stokes Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Todd (Elkland) Bank of Jamesville Banking Lorn & Trust Co. Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lasker Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank I t 1 (* T 11 Bank of Lowell Lucama Bank Bank of Madison 1 Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of M a n t e o Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Farmers & Merchants Bank Bank of Mooresboro Central Bank & Trust Co. Mount Holly Bank Avery County Bank Peoples Bank & Trust Co. Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Name Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Farmers & Merchants Bank Bank of Stem Planters Bank Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. 3 Revised List—No. 9 [.Continued] Location Name Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wake Forest Walnut Cove Walnut Cove Warrenton Warrenton Location Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wake Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Winterville Winton Winton Woodland Yanceyville Name Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yanceyville List of Additional Non-Par Banks in North Carolina The following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Location Auburn Pilot Mountain Pineville Pinnacle Name Location Auburn Banking Co. Bank of Pilot Mountain Pineville Loan & Savings Bank Bank of Pinnacle Pollocksville Southport Taylorsville Thomasville 4 Name Pollocksville B'k'g & Trust Co. Bank of Southport Merchants & Farmers Bank Peoples Bank ^ \ F E D E R A L RESERVE B A N K O F N E W YORK "*> vf? • I July 25, 1921 k Department Checks on Certain N o n m e m b e r State Banks in N o r t h Carolina Temporarily Unacceptable F o r Collection REVISED LIST—No. 11 To all Member Banks in the Second Federal Reserve District; You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 10" sent to you on June 24, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. The banks whose names are added at the end of "Revised List—No. 1 1 " on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yoursBENJ. STRONG Governor F E D E R A L RESERVE BANK OF N E W YORK Revised List—No. 11 J u l y 25. 1921, superseding Revised List-No.10 accompanying Federal Reserve Bank of New York Circular No. 347, Ldated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Ahoskie Andrews Angier Arapahoe Askewville Atkinson Aulander Aulander Avondale Badin Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Blowing Rock Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Cameron Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coats Coleraine Coleraine Location Name Merchants & Farmers Bank Page Trust Co. Farmers-Atlantic Bank Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson Bank of Aulander Farmers Bank The Haynes Bank Bank of Badin Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Bank of Blowing Rock Boiling Springs Bank Bonlee Bank & Trust Co. Peoples Bank & Trust Co. Commercial & Savings Bank Bostic Bank Coleridge Columbus Conover Conway Dallas Danbury Danbury Denton Denver Dover Duke Dunn Dunn Efland Elk Park Ellerbe Ellerbe Elon College Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklin ville Fuquay Springs Garysburg Gates Gatesville Gates ville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Gulf Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancev Bank of Cameron Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of H a r n e t t Bank of Coleraine Peoples Bank & Trust Co. Si Hillsboro Holly Springs Name Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Bank of Denton Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Efland Citizens Bank Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co Consolidated Trust Co. Bank of Orange Farmers & Merchants Bank Bank of Holly Springs •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear herein. 2 ^ Revised List—No. 11 [Continued] Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenansville Kenlv Kenly Kernersville King King Knightdale Landis Lasker Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Moncure Monroe Mooresboro Mount Gilead Mount Holly Mount Holly Newland Location Name Location New London Newport Newton Norlina Northwilkesboro Norwood Old Fort Oriental Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton Proctorville Raeford Raeford Ramseur Randleman Richfield Richlands Rich Square Rockwell Roper Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Sanford Sanford Seagroves Severn Shallotte Siler City Siler City Sparta Spruce Pine Stanfield Stanley Stem Stokes Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Bank of Knightdale Merchants & Farmers Bank Bank of Lasker Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Banking Loan & Trust Co. Farmers & Merchants Bank Bank of Mooresboro Bank of Mount Gilead Central Bank & Trust Co. Mount Holly Bank Avery County Bank Name Peoples Bank & Trust Co. Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roper Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Sanford Peoples Bank Bank of Seagroves Bank of Severn Citizens Bank Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Bank of Stanfield Farmers & Merchants Bank Bank of Stem Planters Bank Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. 3 Revised List—No. 11 [.Continued-] Location Name Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wagram Wake Forest Wallace Location Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson Countv Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of WTagram Bank of Wake Bank of Duplin Wallace Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Winterville Winton Winton Woodland Yadkinville Yanceyville Name Farmers Bank & Trust Co. Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yadkin Bank of Yanceyville List of Additional Non-Par Banks in North Carolina T h e following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the North Carolina statute by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Name Location Auburn Bethel Bethel Pilot Mountain Pink Hill Location Auburn Banking Co. Farmers & Merchants Bank Bethel Banking & Trust Co. Bank of Pilot Mountain Pink Hill Bank & Trust Co. Pinnacle Polkton Southport Taylorsville Valle Crucis Name Bank of Pinnacle Bank of Polkton Bank of Southport Merchants & Farmers Bank Valle Crucis Bank <~S 4 FEDERAL RESERVE BANK OF NEW YORK Check W ? Department August 22, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 12 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 11" sent to you on July 25, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. The banks whose names are added at the end of "Revised List—No. 12" on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yoursBENJ. STRONG Governor F E D E R A L RESERVE B A N K OF N E W YORK Revised List—No. 12 August 22, 1921, superseding' Revised List~No.ll accompanying Federal Reserve Bank of New York Circular No. 347, dated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Ahoskie Ahoskie Andrews Angier Arapahoe Askewville Atkinson Aulander Aulander Avondale Badin Bakersville Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Blowing Rock Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Cameron Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coats Name Location Merchants & Farmers Bank Page Trust Co. Farmers-Atlantic Bank Bank of Ahoskie Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson Bank of Aulander Farmers Bank The Haynes Bank Bank of Badin Merchants & Farmers Bank Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek . Bank of Bladenboro Bank of Blowing Rock Boiling Springs Bank Bonlee Bank & Trust Co. Peop es Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Cameron Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Harnett Name Bank of Coleraine Coleraine Peoples Bank & Trust Co. Coleraine Bank of Coleridge Coleridge Polk County Bank & Trust Co. Columbus Citizens Bank Conover Bank of Conway Conway Bank of Dallas Dallas Bank of Stokes County Danbury Citizens Bank Danbury Bank of Denton Denton Farmers & Merchants Bank Denver Bank of Dover Dover Bank of Harnett Duke Commercial Bank Dunn State Bank & Trust Co. Dunn Bank of Efland Efland Citizens Bank Elk Park Bank of Ellerbe Ellerbe Bennett Bank & Trust Co. Ellerbe Elon Bank & Trust Co. Elon College Commercial & Farmers Bank Enfield Englehard Banking & Trust Co. Englehard Farmers Bank of Eure Eure Planters and Merchants Bank Everetts Farmers & Merchants Bank Fair Bluff Bank of Fletcher Fletcher Bank of Franklinville Franklinville Fuquay Springs Bank of Fuquay Merchants & Farmers Bank Garysburg Citizens Bank Gates Planters Savings Bank Gatesville Bank of Gates Gatesville Bank of Stokes County Germanton Carolina State Bank Gibson Bank of Gibsonville Gibsonville Bank of Goldston Goldston Citizens Bank Graham Bank of Granite Granite Falls Granite Quarry Farmers & Merchants Bank Bank of Grimesland Grimesland City Bank & Trust Co. Gulf Bank of Halifax Halifax Bank of Hamilton Hamilton Page Trust Co. Hamlet Bank of Harrellsville Harrellsville Clay County Bank Haysville Bank of Haw River H a w River Bank of Hemp Hemp The Haynes Bank Henrietta First Security Trust Co. Hickory Consolidated Trust Co. Hickory Bank of Orange Hillsboro •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Checks on all hanks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear herein. -2 Revised List—No. 12 [Continued] Location Hillsboro Hobgood Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Landis Lasker Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Moncure Monroe Mooresboro Mount Gilead Mount Holly Location Name Mount Holly Murphy Newland New London Newport Newton Norlina Northwilkesboro Norwood Oakboro Old Fort Oriental Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton Proctorville Raeford Raeford Ramseur Randleman Richfield Richlands Rich Square Rockwell Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Sanford Sanford Seagroves Severn Siler City Siler City Sparta Spruce Pine Stanfield Stanley Farmers & Merchants Bank Bank of Hobgood Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Merchants & Farmers Bank Bank of Lasker Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of M a n t e o Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville M u t u a l Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Banking Loan & Trust Co. Farmers & Merchants Bank Bank of Mooresboro Bank of Mount Gilead Central Bank & Trust Co. Name Mount Holly Bank The Cherokee Bank Avery County Bank Peoples Bank & Trust Co. Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Oakboro Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Rockwell Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Sanford Peoples Bank Bank of Seagroves Bank of Severn Siler City Loan & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Bank of Stanfield Farmers & Merchants Bank Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. s Revised List—No. 12 [.Continued^ Location Location Name Stem Stokes Stokesdale Stoneville Stoneville Stony Point Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wagram Wake Forest Bank of Stem Planters Bank Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wagram Bank of Wake Wallace Wallace Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Wingate Winterville Winton Winton Woodland Yadkinville Yanceyville Name Bank of Duplin Farmers Bank & Trust Co. Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. State Bank of Wingate Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yadkin Bank of Yanceyville i List of Additional Non-Par Banks in North Carolina The following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the North Carolina statute by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Location Bethel Bethel Burnsville Pilot Mountain Pink Hill Name Location Farmers & Merchants Bank Bethel Banking & Trust Co. Citizens Bank Bank of Pilot Mountain Pink Hill Bank & Trust Co. Pinnacle Polkton Southport Taylorsville Valle Crucis 4 Name Bank of Pinnacle Bank of Polkton Bank of Southport Merchants & Farmers Bank Valle Crucis Bank 1 F E D E R A L RESERVE B A N K O F N E W YORK ^-7 Check Department October 6, 1921 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 13 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised l i s t — N o . 12" sent to you on August 22, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. T h e banks whose names are added at the end of "Revised List—No. 1 3 " on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yoursBENJ. STRONG Governor F E D E R A L RESERVE B A N K OF N E W YORK Revised List—No. 13 October 6, 1921. superseding' Kevlsed List-No.12 accompanying: Federal Reserve Bank of New York Circular No. 347, Ldated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Name Location Aberdeen Aberdeen Ahoskie Ahoskie Andrews Angier Arapahoe Askewville Atkinson Aulander Aulander Avondale Badin Bakersville Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Blowing Rock Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Cameron Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coats Merchants & Farmers Bank Page Trust Co. Farmers-Atlantic Bank Bank of Ahoskie Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson Bank of Aulander Farmers Bank The Haynes Bank Bank of Badin Merchants & Farmers Bank Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Bank of Blowing Rock Boiling Springs Bank Bonlee Bank & Trust Co. Peoples Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway • Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Cameron Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Harnett Location Coleraine Coleraine Coleridge Columbus Conover Conway Dallas Danbury Danbury Denver Dover Duke Dunn Dunn Efland Elk Park Ellerbe Ellerbe Elon College Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland G rover Gulf Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Hickory Hillsboro ' Name Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Efland Citizens Bank Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants- Bank Bank of Grimesland Bank of Grover City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange •Such checkB are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Cheeks> on. all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear herein. § Revised List—No. 13 icominued] Hillsboro Hobgood Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenansville Kenly Kenly Kernersville King King Landis Lasker Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville Micro Middlesex Midland Mocks ville Mocksville Moncure Monroe Monroe Mooresbora Mount Gilead Location Name Location Mount Holly Mount Holly Murphy Newland New London Newport Newton Norlina Northwilkesboro Norwood Oakboro Old Fort Oriental Parkton Parmele Pilot Mountain Pinehurst Pine Level Pittsboro Pittsboro Plymouth Plymouth Potecasi Powells ville Princeton Proctorville Raeford Raeford Ramseur Randleman Richfield Richlands Rieh Square Robersonville Rockwell Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Sanford Sanford Seagroves Severn Siler City Siler Ckr SpartaSpruce Pine Farmers & Merchants Bank Bank of Hobgood Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co. Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Merchants & Farmers Bank Bank of Lasker Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust C<k Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust C a Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of I>avie Merchants & Farmers Bank Banking Loan & Trust Co. Farmers & Merchants Bank Monroe Bank and Trust Co. Bank of Mooresboro Bank of Mount Gilead Name Central Bank & Trust Co. Mount Holly Bank The Cherokee Bank Avery County Bank Peoples Bank & Trust Co. Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Oakboro Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pinehurst Bank of Pine Level Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Robersonville Bank of Rockwell Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Sanford Peoples Bank Bank of Seagroves Bank of Severn Site* City Loan & Trust Co Chatham Bank Bank of Sparta Bank of Spruce Pine Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. 9 Revised List—No. 13 [.continued] Location Name Stanfield Stanley Stem Stokes Stokesdale Stoneville Stoneville Stony Point Summerfield Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wagram Location Bank of Stanfield Farmers & Merchants Bank Bank of Stem Planters Bank Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Bank of Summerfield Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wagram Wake Forest Wallace Wallace Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Wingate Winterville Winton Winton Woodland Yadkinville Yanceyville Name Bank of Wake Bank of Duplin Farmers Bank & Trust Co. Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. State Bank of Wingate Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yadkin Bank of Yanceyville List of Additional Non-Par Banks in North Carolina The following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the North Carolina statute by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Location Name Ansonville Bailey Bethel Bethel Burnsville Castalia Fountain Harmony Bank of Anson Branch Banking and Trust Co. Farmers & Merchants Bank Bethel Banking & Trust Co. Citizens Bank Bank of Castalia Bank of Fountain Harmony Banking and Trust Co. Location Pilot Mountain Pink Hill Pinnacle Polkton Southport Taylorsville Valle Crucis . 4 Name Bank of Pilot Mountain Pink Hill Bank & Trust Co. Bank of Pinnacle Bank of Polkton Bank of Southport Merchants & Farmers Bank Valle Crucis Bank FEDERAL RESERVE BANK OF N E W YORK Check Department November 18, 1921 Checks on Certain N o n m e m b e r State Banks in N o r t h Carolina Temporarily Unacceptable For Collection REVISED L I S T - N o . 14 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 1 3 " sent to you on October 6, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. T h e banks whose names are added at the end of "Revised List—No. 14" on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yours BENJ. STRONG Governor F E D E R A L RESERVE BANK O F N E W YORK Revised List—No. 14 rNovember 18,1921, superseding' He vised List-No.13 accompanying Federal Reserve Bank of New York Circular No. 347, Mated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Location Aberdeen Aberdeen Ahoskie Ahoskie Andrews Angier Arapahoe Askewville Atkinson Aulander Aulander Avondale Badin Bakersville Banners Elk Bayboro Beaufort Belhaven Bennett Bessemer City Biscoe Black Creek Bladenboro Blowing Rock Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Cameron Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Coats Name Location Merchants & Farmers Bank Page Trust Co. Farmers-Atlantic Bank Bank of Ahoskie Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson Bank of Aulander Farmers Bank The Haynes Bank Bank of Badin Merchants & Farmers Bank Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co Bank of Belhaven Bank of Bennett Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Bank of Blowing Rock Boiling Springs Bank Bonlee Bank & Trust Co. Peoples Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Cameron Bank of Candor Bank of Carrboro • Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Bank of Harnett Coleraine Coleraine Coleridge Columbus Conover Conway Dallas Danbury Danbury Denver Dover Duke Dunn Dunn Efland Elk Park Ellerbe Ellerbe Elon College Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklin ville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Grover Gulf Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Hickory Hillsboro Name Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Efland Citizens Bank Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Grover City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. Bank of Orange •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear herein. g Revised List—No. 14 [Continued] Location Hillsboro Hobgood Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenans ville Kenly Kenly Kernersville King King Landis Lasker Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marsh ville Marshville Mayodan Maysville Micro Middlesex Midland Mocksville Mocksville Moncure Monroe Monroe Mooresboro Mount Gilead Location Name Farmers & Merchants Bank Bank of Hobgood Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co, Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Merchants & Farmers Bank Bank of Lasker Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co. Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Banking Loan & Trust Co. Farmers & Merchants Bank Monroe Bank and Trust Co. Bank of Mooresboro Bank of Mount Gilead Mount Holly Mount Holly Murphy Newland New London Newport Newton Norlina Northwilkesboro Norwood Oakboro Oak City Old Fort Oriental Parkton Parmele Pilot Mountain Pine Level Pinetops Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton Proctorville Raeford Raeford Ramseur Randleman Richfield Richlands Rich Square Robersonville Rockwell Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Sanford Sanford Seagroves Severn Siler City Siler City Sparta Name Central Bank & Trust Co. Mount Holly Bank The Cherokee Bank Avery County Bank Peoples Bank & Trust Co. Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Oakboro Bank of Oak City Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pine Level Planters Bank Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Robersonville Bank of Rockwell Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Sanford Peoples Bank Bank of Seagroves Bank of Severn Citizens Bank & Trust Co, Chatham Bank Bank of Sparta Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. 3 Revised List—No. 14 [Continued] Name Location Spruce Pine Stanfield Stanley Stem Stokes Stokesdale Stoneville Stoneville Stony Point Summerfield Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wagram Location Bank of Spruce Pine Bank of Stanfield Farmers & Merchants Bank Bank of Stem Planters Bank Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Bank of Summerfield Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wagram Wake Forest Wallace Wallace Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Williamston Wingate Winterville Winton Winton Woodland Yadkinville Yanceyville Name Bank of Wake Bank of Duplin Farmers Bank & Trust Co. Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Peoples Bank State Bank of Wingate Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yadkin Bank of Yanceyville List of Additional Non-Par Banks in North Carolina The following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the North Carolina statute by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Name Location Ansonville Bailey Bethel Bethel Burnsville Castalia Fountain Harmony Macclesfield Pembroke Location Bank of Anson Branch Banking and Trust Co. Farmers & Merchants Bank Bethel Banking & Trust Co. Citizens Bank Bank of Castalia Bank of Fountain Harmony Banking and Trust Co. Merchants & Farmers Bank Bank of Pembroke Pilot Mountain Pinetops Pink Hill Pinnacle Polkton Southport Taylorsville Valle Crucis Walstonburg 4 Name Bank of Pilot Mountain Pinetops Banking Co. Pink Hill Bank & Trust Co. Bank of Pinnacle Bank of Polkton Bank of Southport Merchants & Farmers Bank Valle Crucis Bank Farmers & Merchants Bank F E D E R A L RESERVE BANK ^1 O F N E W YORK Check Department January 5, 1922 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 15 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 14" sent to you on November 18, 1921 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection any checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. The banks whose names are added at the end of "Revised List—No. 15" on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time to time as occasion requires. Very truly yoursBENJ. STRONG Governor F E D E R A L RESERVE B A N K OF N E W YORK Revised List—No. 15 January 5. 1922, superseding 1 Revised List- No.14 accompanying Federal Reserve Bank of New York Circular No. 347, Ldated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Name Location Aberdeen Aberdeen Ahoskie Ahoskie Andrews Angier Arapahoe Askewville Atkinson Aulander Aulander Avondale Badin Bakersville Banners Elk Bayboro Beaufort Belhaven Bennett Benson Bessemer City Biscoe Black Creek Bladenboro Blowing Rock Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Cameron Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Location Merchants & Farmers Bank Page Trust Co. Farmers-Atlantic Bank Bank of Ahoskie Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson Bank of Aulander Farmers Bank The Haynes Bank Bank of Badin Merchants & Farmers Bank Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of BelhaveD Bank of Bennett Citizens Bank & Trust Co. Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Bank of Blowing Rock Boiling Springs Bank Bonlee Bank & Trust Co. Peoples Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Cameron Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Coats Coleraine Coleraine Coleridge Columbus Conover Conway Dallas Danbury Danbury Denver Dover Duke Dunn Dunn Efland Elk Park Ellerbe Ellerbe Elon College Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Grover Gulf Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Hickory Name Bank of Harnett Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Efland Citizens Bank Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Commercial & Farmers Bank Englehard Banking & Trust Co. Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Grover City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except cluck* on the banks whose names appear herein. 2 Revised List—No. 15 [Continued] Location Hillsboro Hillsboro Hobgood Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenans ville Kenly Kenly Kernersville King King Landis Lasker Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville McDonald Micro Middlesex Midland Mocksville Mocks ville Moncure Monroe Monroe Location Name Mooresboro Mount Gilead Mount Holly Mount Holly Murphy Newland New London Newport Newton Norlina Northwilkesboro Norwood Oakboro Oak Citv Old Fort Oriental Parkton Parmele Pilot Mountain Pine Level Pinetops Pittsboro Pittsboro Plymouth Plymouth Potecasi Powellsville Princeton Proctorville Raeford Raeford Ramseur Randleman Richfield Richlands Rich Square Robersonville Rockwell Roseboro Roseboro Rose Hill Roxobel Roxobel Salemburg Saluda Saluda Sanford Sanford Sanford Seagroves Severn Siler City Bank of Orange Farmers & Merchants Bank Bank of Hobgood Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co. Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Merchants & Farmers Bank Bank of Lasker Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co, Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Bank of McDonald Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Banking Loan & Trust Co. Farmers & Merchants Bank Monroe Bank and Trust Co. Name Bank of Mooresboro Bank of Mount Gilead Central Bank & Trust Co. Mount Holly Bank The Cherokee Bank Avery County Bank Peoples Bank & Trust Co. Bank of Newport Farmers & Merchants Bank Bank of Warren Bank of Northwilkesboro Bank of Norwood Bank of Oakboro Bank of Oak City Bank of Old Fort Bank of Pamlico Bank of Parkton Parmele Bank & Trust Co. Farmers Bank Bank of Pine Level Planters Bank Bank of Pittsboro Farmers Bank Bank of Plymouth Washington County Bank Bank of Potecasi Powellsville Bank Merchants & Farmers Bank Bank of Proctorville Bank of Hoke Bank of Raeford Bank of Ramseur Peoples Bank Peoples Bank & Trust Co. Citizens Bank Bank of Rich Square Bank of Robersonville Bank of Rockwell Bank of Roseboro Coharie Bank of Roseboro Bank of Rose Hill Bank of Roxobel Roanoke-Chowan Bank Bank of Salemburg Bank of Saluda Carolina State Bank Banking Loan & Trust Co. Bank of Sanford Peoples Bank Bank of Seagroves Bank of Severn Citizens Bank & Trust Co. Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. I Revised List—No. 15 {.continued] Location Location Name Siler City Sparta Spruce Pine Stanfield Stanley Stem Stokes Stokesdale Stoneville Stoneville Stony Point Summerfield Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wagram Chatham Bank Bank of Sparta Bank of Spruce Pine Bank of Stanfield Farmers & Merchants Bank Bank of Stem Planters Bank Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Bank of Summerfield Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Bank of Wagram Wake Forest Wallace Wallace Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weaverville Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Williamston Wingate Winterville Winton Winton Woodland Yadkinville Yanceyville Name Bank of Wake Bank of Duplin Farmers Bank & Trust Co. Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Farmers & Traders Bank Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Farmers & Merchants Bank Martin Co. Savings & Trust Co. Peoples Bank State Bank of Wingate Bank of Winterville Bank of WTinton Merchants & Farmers Bank Farmers Bank Bank of Yadkin Bank of Yanceyville List of Additional Non-Par Banks in North Carolina The following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the North Carolina statute by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Name Location Angier Ansonville Bailey Beaufort Bethel Bethel Burnsville Burnsville Castalia Chadbourn Fountain Harmony Macclesfield Location Farmers Bank Bank of Anson Branch Banking and Trust Co. Bank of Beaufort Farmers & Merchants Bank Bethel Banking & Trust Co. Citizens Bank Citizens Bank of Yancey Bank of Castalia Farmers Savings Bank Bank of Fountain Harmony Banking and Trust Co. Merchants & Farmers Bank Name Bank of Peachland Peachland Pembroke Bank of Pembroke Pilot Mountain Bank of Pilot Mountain Pinetops Pinetops Banking Co. Pink Hill Pink Hill Bank & Trust Co. Pinnacle Bank of Pinnacle Polkton Bank of Polkton Southport Bank of Southport Taylorsville Merchants & Farmers Bank Tillery Bank of Tillery Valle Crucis Valle Crucis Bank Walstonburg Farmers & Merchants Bank 4 F E D E R A L RESERVE B A N K "bH^ O F N E W YORK Check Department February 17, 1922 Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable For Collection REVISED LIST—No. 16 To all Member Banks in the Second Federal Reserve District: You will find herewith a revised list of plaintiff banks in an injunction suit -against the Federal Reserve Bank of Richmond, which supersedes "Revised List—No. 15" sent to you on January 5, 1922 to accompany our circular No. 347 of February 18, 1921 entitled "Checks on Certain Nonmember State Banks in North Carolina Temporarily Unacceptable for Collection." As stated in that circular we cannot for the present accept for collection a n y checks drawn on the banks listed because of a temporary injunction restraining the Federal Reserve Bank of Richmond from returning as dishonored any checks, drawn upon any one of the banking institutions joining the injunction proceedings, which the drawee bank refuses to pay except in exchange at less than par. T h e banks whose names are added at the end of "Revised List—No. 16" on the last page have not become parties to the injunction suit, but, nevertheless, have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the law by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. upon these banks. We, therefore, cannot handle checks drawn Every such check would necessarily be returned by us with a notice of dishonor after presentation. Revised lists will be published and sent to you from time t o time as occasion requires. Very truly yours BENJ. STRONG Governor F E D E R A L RESERVE B A N K O F N E W YORK Revised List—No. 16 'February 17,1922, superseding' llevised List-No.lS accompanying Federal Reserve Bank of New York Circular No. 347, dated February 18, 1921. NORTH CAROLINA NONMEMBER STATE BANKS Plaintiffs in Injunction Suit Against the Federal Reserve Bank of Richmond Refusing to pay Checks Drawn on Them except in Exchange at less than Par.* Name Location Aberdeen Aberdeen Ahoskie Ahoskie Andrews Angier Arapahoe Askewville Atkinson Aulander Aulander Avondale Badin Bakersville Banners Elk Bayboro Beaufort Belhaven Bennett Benson Bessemer City Biscoe Black Creek Bladenboro Blowing Rock Boiling Springs Bonlee Boone Boonville Bostic Broadway Bridgeton Buies Creek Bunn Burlington Burlington Burnsville Cameron Candor Carrboro Carthage Carthage Cary Catawba Cerro Gordo Chapel Hill Chapel Hill China Grove Claremont Cleveland Cliffside Clyde Location Merchants & Farmers Bank Page Trust Co. Farmers-Atlantic Bank Bank of Ahoskie Merchants & Manufacturers Bank Angier Bank & Trust Co. Bank of Pamlico Farmers-Atlantic Bank Bank of Atkinson Bank of Aulander Farmers Bank The Haynes Bank Bank of Badin Merchants & Farmers Bank Banners Elk Bank Bank of Pamlico Beaufort Banking & Trust Co. Bank of Belhaven Bank of Bennett Citizens Bank & Trust Co. Bessemer City Bank Bank of Biscoe Bank of Black Creek Bank of Bladenboro Bank of Blowing Rock Boiling Springs Bank Bonlee Bank & Trust Co. Peoples Bank & Trust Co. Commercial & Savings Bank Bostic Bank Bank of Broadway Bank of Bridgeton Bank of Buies Creek Bunn Banking Co. Alamance Bank & Trust Co. First Savings Bank Bank of Yancey Bank of Cameron Bank of Candor Bank of Carrboro Page Trust Co. Bank of Moore Bank of Cary Peoples Bank Bank of Cerro Gordo Bank of Chapel Hill Peoples Bank Bank of China Grove Peoples Bank Citizens Bank The Haynes Bank Bank of Clyde Coats Coleraine Coleraine Coleridge Columbus Conover Conway Dallas Danbury Danbury Denver Dover Duke Dunn Dunn Efland Elk Park Ellerbe Ellerbe Elon College Enfield Englehard Eure Everetts Fair Bluff Fletcher Franklinville Fuquay Springs Garysburg Gates Gatesville Gatesville Germanton Gibson Gibsonville Goldston Graham Granite Falls Granite Quarry Grimesland Grover Gulf Halifax Hamilton Hamlet Harrellsville Haysville Haw River Hemp Henrietta Hickory Hickory Name Bank of Harnett Bank of Coleraine Peoples Bank & Trust Co. Bank of Coleridge Polk County Bank & Trust Co. Citizens Bank Bank of Conway Bank of Dallas Bank of Stokes County Citizens Bank Farmers & Merchants Bank Bank of Dover Bank of Harnett Commercial Bank State Bank & Trust Co. Bank of Efland Citizens Bank Bank of Ellerbe Bennett Bank & Trust Co. Elon Bank & Trust Co. Commercial & Farmers Bank Englehard Banking & Trust Co Farmers Bank of Eure Planters and Merchants Bank Farmers & Merchants Bank Bank of Fletcher Bank of Franklinville Bank of Fuquay Merchants & Farmers Bank Citizens Bank Planters Savings Bank Bank of Gates Bank of Stokes County Carolina State Bank Bank of Gibsonville Bank of Goldston Citizens Bank Bank of Granite Farmers & Merchants Bank Bank of Grimesland Bank of Grover City Bank & Trust Co. Bank of Halifax Bank of Hamilton Page Trust Co. Bank of Harrellsville Clay County Bank Bank of Haw River Bank of Hemp The Haynes Bank First Security Trust Co. Consolidated Trust Co. •Such checks are temporarily unacceptable by the Federal Reserve Bank of New York for collection through the Federal Reserve Bank of Richmond. Checks on all banks in North Carolina both member banks and non-member banks can still be collected at par by the Federal Reserve Bank, except checks on the banks whose names appear herein. 2 Revised List—No. 16 [Continued] Location Hillsboro Hillsboro Hobgood Hollister Holly Springs Hookerton Hot Springs Jackson Springs Jacksonville Jamesville Jonesboro Kelford Kenans ville Kenly Kenly Kernersville King King Landis Lasker Leaksville Lewiston Lexington Lexington Liberty Lillington Lillington Littleton Littleton Lowell Lucama Madison Madison Magnolia Maiden Manteo Marion Mars Hill Marshall Marshall Marshville Marshville Mayodan Maysville McDonald Micro Middlesex Midland Mocksville Mocksville Moncure Monroe Name Bank of Orange Farmers & Merchants Bank Bank of Hobgood Bank of Hollister Bank of Holly Springs Bank of Hookerton Citizens Bank Bank of Jackson Springs Bank of Onslow Bank of Jamesville Banking Loan & Trust Co, Bank of Kelford Bank of Kenansville Farmers Bank Bank of Kenly Bank of Kernersville Bank of King Farmers & Merchants Bank Merchants & Farmers Bank Bank of Lasker • Bank of Leaksville Bank of Lewiston Commercial & Savings Bank Lexington Bank & Trust Co. Bank of Liberty Bank of Lillington Harnett County Trust Co, Bank of Littleton Planters Bank Bank of Lowell Lucama Bank Bank of Madison Farmers Bank & Trust Co. Bank of Magnolia Maiden Bank Bank of Manteo Merchants & Farmers Bank Bank of Mars Hill Bank of French Broad Citizens Bank Bank of Marshville Mutual Bank & Trust Co. Bank of Mayodan Maysville Banking & Trust Co. Bank of McDonald Citizens Bank Middlesex Banking Co. Bank of Midland Bank of Davie Merchants & Farmers Bank Banking Loan & Trust Co. Farmers & Merchants Bank Location Name Monroe Monroe Bank and Trust Co. Mooresboro Bank of Mooresboro Mount Gilead Bank of Mount Gilead Mount Holly Central Bank & Trust Co. Mount Holly Mount Holly Bank Murphy The Cherokee Bank Newland Avery County Bank New London Peoples Bank & Trust Co. Newport Bank of Newport Newton Farmers & Merchants Bank Norlina Bank of Warren Northwilkesborc » Bank of Northwilkesboro Norwood Bank of Norwood Oakboro Bank of Oakboro Oak City Bank of Oak City Old Fort Bank of Old Fort Oriental Bank of Pamlico Parkton Bank of Parkton Parmele Parmele Bank & Trust Co. Pilot Mountain Farmers Bank Pine Level Bank of Pine Level Pinetops Planters Bank Pittsboro Bank of Pittsboro Pittsboro Farmers Bank Plymouth Bank of Plymouth Plymouth Washington County Bank Potecasi Bank of Potecasi Powellsville Powellsville Bank Princeton Merchants & Farmers Bank Proctorville Bank of Proctorville Raeford Bank of Hoke Raeford Bank of Raeford Ramseur Bank of Ramseur Randleman Peoples Bank Richfield Peoples Bank & Trust Co. Richlands Citizens Bank Rich Square Bank of Rich Square Robertsonville Bank of Robertsonville Rockwell Bank of Rockwell Roseboro Bank of Roseboro Roseboro Coharie Bank of Roseboro Rose Hill Bank of Rose Hill Roxobel Bank of Roxobel Roxobel Roanoke-Chowan Bank Salemburg Bank of Salemburg Saluda Bank of Saluda Saluda Carolina State Bank Sanford Banking Loan & Trust Co. Sanford Bank of Sanford Sanford Peoples Bank Seagroves Bank of Seagroves Severn Bank of Severn Reference to next page for list of additional banks in North Carolina, not parties to the suit, refusing to remit at par, etc. Revised List—No. 16 [.Continued-] Location Location Name Siler City Siler City Sparta Spruce Pine Stanfield Stanley Stem Stokes Stokesdale Stoneville Stoneville Stony Point Summerfield Sylva Sylva Tabor Tabor Todd (Elkland) Trenton Troutman Troy Troy Turkey Vass Vineland Waco Wagram Wake Forest Wallace Wallace Walnut Cove Walnut Cove Warrenton Warrenton Warsaw Waxhaw Weaverville Weldon Whiteville Whiteville Wilkesboro Williamston Williamston Williamston Wingate Winterville Winton Winton Woodland Yadkinville Yanceyville Citizens Bank & Trust Co. Chatham Bank Bank of Sparta Bank of Spruce Pine Bank of Stanfield Farmers & Merchants Bank Bank of Stem Planters Bank Stokesdale Commercial Bank Bank of Stoneville Farmers & Merchants Bank Bank of Stony Point Bank of Summerfield Tuckaseigee Bank Jackson County Bank Bank of Whiteville Farmers & Merchants Bank Bank of Todd Bank of Jones Troutman Banking & Trust Co. Bank of Montgomery Troy Bank & Trust Co. Bank of Turkey Bank of Vass Bank of Columbus Peoples Bank Name Bank of Wagram Bank of Wake Bank of Duplin Farmers Bank & Trust Co. Bank of Stokes County Farmers Union Bank & Trust Co. Bank of Warren Citizens Bank Bank of Warsaw Waxhaw Banking & Trust Co. Farmers & Traders Bank Weldon Bank & Trust Co. Bank of Whiteville Bank of Columbus Bank of Wilkes Fanners & Merchants Bank Martin Co. Savings & Trust Co. Peoples Bank State Bank of Wingate Bank of Winterville Bank of Winton Merchants & Farmers Bank Farmers Bank Bank of Yadkin Bank of Yanceyville List of Additional Non-Par Banks in North Carolina The following banks have not become parties to the suit, nevertheless they have signified to the Federal Reserve Bank of Richmond their intention to take advantage of the North Carolina statute by refusing to remit at par in exchange, and refusing to pay in money, checks presented to them by its agents. Angier Ansonville Bailey Beaufort Bethel Bethel Burnsville Burnsville Castalia Chadbourn Fountain Four Oaks Harmony Leggett Macclesfield Location Name Location McFarlan Morehead City Peachland Pembroke Pilot Mountain Pinetops Pink Hill Pinnacle Polkton Southport Red Springs Taylorsville Tillery Valle Crucis Walstonburg Farmers Bank Bank of Anson Branch Banking and Trust Co. Bank of Beaufort Farmers & Merchants Bank Bethel Banking & Trust Co. Citizens Bank Citizens Bank of Yancey Bank of Castalia Farmers Savings Bank Bank of Fountain Bank of Four Oaks Harmony Banking and Trust Co. Bank of Leggett Merchants & Farmers Bank 4 Name Bank of McFarlan The Marine Bank Bank of Peachland Bank of Pembroke Bank of Pilot Mountain Pinetops Banking Co. Pink Hill Bank & Trust Co. Bank of Pinnacle Bank of Polkton Bank of Southport Bank of Red Springs Merchants & Farmers Bank Bank of Tillery Valle Crucis Bank Farmers & Merchants Bank