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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
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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