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Hancock Bank
Hancock Whitney Corp. is a bank holding company headquartered in Gulfport, Mississippi. It operates 237 branches in Mississippi, Alabama, Florida, Louisiana, and Texas. The bank is the official bank of the New Orleans Saints and issues the official debit card. The bank is also the official bank of LSU Athletics and issues the official debit card and credit card. History Hancock County Bank was founded in 1899 in Bay Saint Louis, Mississippi by 19 individuals. On its first day, the bank opened with $10,000 in capital and $8,277.41 in deposits. The bank was originally founded to capitalize on the booming lumber, cotton, and wool trades and also the market for poultry and produce. On January 8, 1902, the bank opened a branch in Pearlington, Mississippi, followed by a branch in Pass Christian, Mississippi, the popular destination of Northerners fleeing the brutal winters, and of affluent New Orleanians seeking relief from the sweltering heat of the summers. The Pearlington and Lo ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Domicile (law)
Domicile is relevant to an individual's "personal law," which includes the law that governs a person's status and their property. It is independent of a person's nationality. Although a domicile may change from time to time, a person has only one domicile, or residence, at any point in their life, no matter what their circumstances. Domicile is distinct from habitual residence, where there is less focus on future intent. As domicile is one of the connecting factors ordinarily used in common law legal systems, a person can never be left without a domicile and a domicile is acquired by everyone at birth. Generally domicile can be divided into domicile of origin, domicile of choice, and domicile by operation of law (also known as domicile of dependency). When determining the domicile of an individual, a court applies its own law and understanding of what domicile is. In some common-law countries, such as Australia and New Zealand, the concept of domicile has been subject to statutory ...
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The Times-Picayune
''The Times-Picayune/The New Orleans Advocate'' is an American newspaper published in New Orleans, Louisiana, since January 25, 1837. The current publication is the result of the 2019 acquisition of ''The Times-Picayune'' (itself a result of the 1914 union of ''The Picayune'' with the ''Times-Democrat'') by the New Orleans edition of '' The Advocate'' (based in Baton Rouge), which began publication in 2013 as a response to ''The Times-Picayune'' switching from a daily publication schedule to a Wednesday/Friday/Sunday schedule in October 2012 (''The Times-Picayune'' resumed daily publication in 2014). ''The Times-Picayune'' was awarded the Pulitzer Prize for Public Service in 2006 for its coverage of Hurricane Katrina. Four of ''The Times-Picayune'''s staff reporters also received Pulitzers for breaking-news reporting for their coverage of the storm. The paper funds the Edgar A. Poe Award for journalistic excellence, which is presented annually by the White House Correspondents' ...
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Bank Failure
A bank failure occurs when a bank is unable to meet its obligations to its depositors or other creditors because it has become insolvent or too illiquid to meet its liabilities. A bank usually fails economically when the market value of its assets declines to a value that is less than the market value of its liabilities. The insolvent bank either borrows from other solvent banks or sells its assets at a lower price than its market value to generate liquid money to pay its depositors on demand. The inability of the solvent banks to lend liquid money to the insolvent bank creates a bank panic among the depositors as more depositors try to take out cash deposits from the bank. As such, the bank is unable to fulfill the demands of all of its depositors on time. A bank may be taken over by the regulating government agency if its shareholders' equity are below the regulatory minimum. The failure of a bank is generally considered to be of more importance than the failure of other types of ...
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Office Of Thrift Supervision
The Office of Thrift Supervision (OTS) was a List of federal agencies in the United States, United States federal agency under the United States Department of the Treasury, Department of the Treasury that chartered, supervised, and regulated all federally chartered and state-chartered savings banks and savings and loans associations. It was created in 1989 as a renamed version of the Federal Home Loan Bank Board, another federal agency (that was faulted for its role in the savings and loan crisis). Like other U.S. federal bank regulators, it was paid by the banks it regulated. The OTS was initially seen as an aggressive regulator, but was later lax. Declining revenues and staff led the OTS to Regulatory capture, market itself to companies as a lax regulator in order to get revenue. The OTS also expanded its oversight to companies that were not banks. Some of the companies that failed under OTS supervision during the financial crisis of 2007–2010 include American Internatio ...
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Panama City, Florida
Panama City is a city in and the county seat of Bay County, Florida, United States. Located along U.S. Highway 98 (US 98), it is the largest city between Tallahassee and Pensacola. It is the more populated city of the Panama City–Lynn Haven, Florida metropolitan statistical area. Panama City was severely damaged when Hurricane Michael made landfall as a Category 5 hurricane on October 10, 2018. As of the 2020 census, the population was 35,392, down from the figure of 36,484 at the 2010 census. When Panama City was incorporated in 1909, its original city limits were 15th Street (Hwy 98) on the north, Balboa Avenue on the west and Bay Avenue on the east. Name The development in this once unincorporated part of Northwest Florida had previous names such as Floriopolis, Park Resort, and Harrison. In 1906, the development was named Panama City and it was first incorporated as Panama City in 1909. When Panama City was incorporated, its original city limits were 15th Str ...
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Alabama
(We dare defend our rights) , anthem = "Alabama (state song), Alabama" , image_map = Alabama in United States.svg , seat = Montgomery, Alabama, Montgomery , LargestCity = Huntsville, Alabama, Huntsville , LargestCounty = Baldwin County, Alabama, Baldwin County , LargestMetro = Birmingham metropolitan area, Alabama, Greater Birmingham , area_total_km2 = 135,765 , area_total_sq_mi = 52,419 , area_land_km2 = 131,426 , area_land_sq_mi = 50,744 , area_water_km2 = 4,338 , area_water_sq_mi = 1,675 , area_water_percent = 3.2 , area_rank = 30th , length_km = 531 , length_mi = 330 , width_km = 305 , width_mi = 190 , Latitude = 30°11' N to 35° N , Longitude = 84°53' W to 88°28' W , elevation_m = 150 , elevation_ft = 500 , elevation_max_m = 735.5 , elevation_max_ft = 2,413 , elevation_max_point = Mount Cheaha , elevation_min_m = 0 , elevation_min_ft = 0 , elevation_min_point = Gulf of Mexico , OfficialLang = English language, English , Languages = * English ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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Tallahassee, Florida
Tallahassee ( ) is the capital city of the U.S. state of Florida. It is the county seat and only incorporated municipality in Leon County, Florida, Leon County. Tallahassee became the capital of Florida, then the Florida Territory, in 1824. In 2020, the population was 196,169, making it the List of municipalities in Florida, 8th-largest city in the U.S state of Florida, and the List of United States cities by population, 126th-largest city in the United States. The population of the Tallahassee, Florida Metropolitan Statistical Area, Tallahassee metropolitan area was 385,145 . Tallahassee is the largest city in the Big Bend (Florida), Florida Big Bend and Florida Panhandle region, and the main center for trade and agriculture in the Big Bend (Florida), Florida Big Bend and Southwest Georgia regions. With a student population exceeding 70,000, Tallahassee is a college town, home to Florida State University, ranked the nation's 19th-best public university by ''U.S. News & World R ...
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Hattiesburg, Mississippi
Hattiesburg is a city in the U.S. state of Mississippi, located primarily in Forrest County, Mississippi, Forrest County (where it is the county seat and largest city) and extending west into Lamar County, Mississippi, Lamar County. The city population was 45,989 at the 2010 United States Census, 2010 census, with the population now being 48,730 in 2020. Hattiesburg is the principal city of the Hattiesburg metropolitan area, Hattiesburg Metropolitan Statistical Area, which encompasses Covington County, Mississippi, Covington, Forrest County, Mississippi, Forrest, Lamar County, Mississippi, Lamar, and Perry County, Mississippi, Perry counties. The city is located in the Pine Belt (Mississippi), Pine Belt region. Development of the interior of Mississippi by European Americans took place primarily after the American Civil War. Before that time, only properties along the major rivers were developed as plantations. Founded in 1882 by civil engineer William H. Hardy, Hattiesburg was na ...
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Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ...
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Ville Platte, Louisiana
Ville Platte is the largest city in, and the parish seat of, Evangeline Parish, Louisiana, United States. The population was 7,430 at the 2010 census, down from 8,145 in 2000. The city's name is of French origin, roughly translating to "flat town", in reference to its relatively flat topography in contrast to the more hilly terrain north of the area. History The area around Ville Platte appears to have been first settled during the last half of the eighteenth century, when Louisiana was under Spanish rule. The earliest record of settlement in the immediate area of Ville Platte was in the 1780s. Popular legend states the founder of Ville Platte was Marcellin Garand, an adjutant major in the Army of the French Empire during the reign of Napoleon. In 1824, Garand obtained one of the first two lots that were platted in what is now Ville Platte, with the second being obtained by a Doctor Robert Windex. Those lots were obtained from the estate of William O'Donegan. This appears to be ...
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