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Bank run on the Tennessee Hermitage National Bank, 1930 November 14
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Bank run on the Tennessee Hermitage National Bank, 1930 November 14
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Description
Title
Bank
run
on the
Tennessee
Hermitage
National
Bank
,
1930
November
14
Corporate name
Tennessee Hermitage National Bank (Nashville, Tenn.)
Commerce Union Bank (Nashville, Tenn.)--History--Sources
Baxter Building (Nashville, Tenn.)
Loventhal Brothers Insurance (Nashville, Tenn.)
Topical entry
Architecture
Buildings
Business
Capital City
Banks and banking--Tennessee--Nashville--History--20th century
Bank failures--Tennessee--Nashville--History--20th century
Financial crises--Tennessee--Nashville--History--20th century
Depressions--20th century--United States
Economic & social conditions--Tennessee--Nashville
Business panics--Tennessee--Nashville
Geographic entry
Nashville (Tenn.)--History--Sources
Third Avenue (Nashville, Tenn.)
Union Street (Nashville, Tenn.)
Description
A
photograph
of the
November
14
,
1930
bank
run
on the
Tennessee
Hermitage
National
Bank
of
Nashville
,
Tennessee
(306
Third
Avenue
North)
. The
photo
was
taken
at
about
1
p.m
. and the
line
up
at that
time
extended
half
a
block
down
Third
Avenue
and
East
on
Union
Street
for
over
half
a
block
.
Pictured
in
front
of the
bank
and the
Baxter
Building
(216
Union
Street)
the
crowd
was
orderly
, as
word
had been
sent
down
the
line
that
every
depositor
would be
paid
in
full
, if
demanded
. The
bank
closed
at
2
p.m
. with a
long
line
still
unable
to
get
in. The
Tennessee
Hermitage
National
Bank
paid
all
comers
until
closing
time
, but
Friday
night
,
effected
a
consolidation
with the
Commerce
Union
Bank
.
It
opened
for
business
the
next
day
under
the
supervision
of the
Commerce
Union
Bank
. The
Great
Depression
saw
the
closing
of
over
120
southern
banks
closed
in
November
and
December
of
1930
and
thousands
of
depositors
lost
their
life
savings
.
Forms
part
of the
Nashville
Room
Historic
Photographs
Collection
.
1
photograph
:
sepia
;
4.75
x
6.75
in.
Publisher
Special
Collections
Division
of the
Nashville
Public
Library
,
615
Church
Street
,
Nashville
,
Tennessee
,
37219
Date
1930-11-14
Type
Still
Image
;
Photographs
Format
image/jpeg
Identifier
P-2327
Relation
Nashville
Room
Historic
Photographs
Collection
Coverage
1930-1939
Rights
U.S
. and
international
copyright
laws
protect
this
digital
content
,
which
is
provided
for
educational
purposes
only
and
may
not be
downloaded
,
reproduced
, or
distributed
for any
other
purpose
without
written
permission
.
Please
contact
the
Special
Collections
Division
of the
Nashville
Public
Library
,
615
Church
Street
,
Nashville
,
Tennessee
,
37219
.
Telephone
(615)
862-5782
.
Location
Closed Stacks P-2327
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