Ohio Joint Stock Land Bank (Cincinnati, OH)

Episode Information

Episode UID
13008571542
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
1300857 routing
Routing Number
13-0085
Start Date
June 6, 1928
Location
Cincinnati, Ohio (39.103, -84.515)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8adf414ce072e1e8

Response Measures

None

Description

Receiver J. S. Horton is named and receiver notices to bondholders are published; bank remained in receivership.

Events (3)

1. June 6, 1928 Receivership
Newspaper Excerpt
Judgment ... was awarded ... in the mortgage suit of J. S. Horton, Cincinnati, receiver for the Ohio Joint Stock Land Bank, Cincinnati, Ohio, ...
Source
newspapers
2. August 11, 1928 Suspension
Cause
Government Action
Cause Details
Receiver appointed and acting under instructions of the Farm Loan Board; formal notices to bondholders issued by receiver.
Newspaper Excerpt
NOTICE BONDHOLDERS AND OTHER CREDITORS of the Ohio Joint Stock Land Bank of Cincinnati, Notice hereby given ... by order Farm Board ... persons claims ... shall present ... to Horton, Receiver ... Dated August 11th. 1928.
Source
newspapers
3. December 3, 1929 Other
Newspaper Excerpt
The receiver ... assessed the stockholders 100 per cent on their stock ... The Supreme Court held ... the receivers of failed joint stock land banks could not enforce the stockholders' liabilities.
Source
newspapers

Newspaper Articles (3)

Article from The Indianapolis Times, June 6, 1928

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Article Text

WINS MORTGAGE SUIT Ohio Stock-Land Bank Gets $26,000 Judgment From State Trio. Judgment of $26,012.66 was awarded in a decree issued today by Federal Judge Robert C. Baltzell in the mortgage suit of J. S. Horton, Cincinnati, receiver for the Ohio Joint Stock Land Bank, Cincinnati, Ohio, against Mr. and Mrs. Tom Mikalos and J. F. Pittenger, Delaware County. Charles Martindale was named special master in chancery to sell real estate in Delaware County involved in the case, and Orville G. Nelson, Indianapolis, was named receiver.


Article from The Cincinnati Enquirer, August 22, 1928

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Article Text

CLASSIFIED ADVERTISEMENTS THE ENQUIRER IS THE MEDIUM Through Which the General Public Can Always Have Its Wants Supplied. should remember not letters directed postoffice. firm ENQUIRER for that will be uncalled- after for ENQUIRE be responsible for must style QUIRER to any time for Saturday CLASSIFIED ADVERTISING CLASSIFY after daily and received appear left at our office can or 2400 11 West OFFICE 2401. 823 York THE CINCINN ENQUIRER. Legal Notices. No. 987 for 50 shares of Certificate Little Miami Ohio, in been lost, notice Carnill, that has hereby for issue certifiDated, New York, N. Y., July 31, 1928. The Farmers' Loan Trust and CarExecutors the of ANSON CAREstate late York NILL, William street, New County, York City. New York. REQUEST FOR BIDS. 1928. $4 Contract Serial No. Series 1928. 15, Cincinnati, ChicaThe Louis pursuant the dated October (as amended gives 1920). notice Docket that it will receive bids Ft. Turntables. mill or point and 32 nearest Ry of delivery, 60 days after re$1 Terms of payment, days net. Hiner, Purchasing East Ninth Room September 1928. Bids will be received Potter opened in respects mentioned furnished on request. right reser bids and to accept any of one bid. THE LOUIS HINER. Purchasing Agent J. S. HORTON, RECEIVER JOINT STOCK LAND BANK OHIO CINCINN Cincinnati, Ohio. NOTICE BONDHOLDERS AND OTHER CREDITORS of the Ohio Joint Stock Land Bank of Clncinnati, Notice hereby given that by order Farm Board, the time dated August within which persons claims Land Ohio Bank against bonds by said bank, shall present has Horton, including 1928. 17th day of including bondmust Receiver by said date or they may be proving their deliver their bonds must bonds Forms proof for claims delivery may be obtained from the Receiver Dated August 11th. 1928. Ohio Joint Stock Land Bank NOTICE TO CONTRACTORS. Sealed will be received by the Board of Education of the Anderson Rural School East District 12 o'clock Standard furnishing materials 1928, for and the performing building labor neces- 10cated on the Ohio accordance plans specifications are on plans and follows: Clerk of the Board the CallThe Ohio, Builders' Exchange Walker & specifications Said open during reasonable of bids time fixed herein for Proposals made for out upon forms furnished such Iblank by the Clerk the Board of Education Bidders not state of labor and the price the materials in any bid aggregate the shall the laws board in corporation submitting comply the doing its Each bid must contain the name of person and said Board of check in cation (10%) amount equal bond like by surety, trust guaranty proved that cessful from the date enter into faithful and bidder bidders successful shall required an equal the amount of the cent (50%) plans and had upon upon deposit of return plans deposit and dollars. Board of Anderson Township Rural County. Ohio, R. R. No. California, right is reserved to reject any all bids. By order the Board the Anderson Rural School District, Hamilton County, EDWIN HAWKINS, President. R. Clerk NOTICE. Sealed proposals or bids will be rethe Board Trustees of the Kenton close sale of the franchise and but entering streets, Town South and taining and nances for furnishing and conduits and place maintain its wires for for term terms, adopted Board Trustees ing August must hundred dollars which as damages the said the bid the 928 will be the said Trustees said privilege res to the provisions conditions of said gum Clerk the Town NOTICE TO STATE OF OHIO, OF 1928 Sealed at the the State 31, for ments and one contract). Federal No. 548-A part the road Route in by drainage structures resurfacing Width: Pavement 20 ft. Roadway Estimated for completion, September Proposal No Federal Aid Project No. State paving reinforced Width: Pavement 20 ft. Roadway Length: 23 or 432 miles cost set for completion. September The bidder must with his bid equal to per cost, no ten and file office the and the DepartThe the right to reject any and all State Highway KIRK, ANNE H. MacNEIL JOHNSON Dixie Terminal Bldg. Main offer. McMicken West 1426 Dana av., square above Victory Parkway. Very attractive brick and shingle home. First floor: Living room, dining room, kitchen and Second floor: bedrooms, hall and tile Good laundry. Lot 40 by 140; ga. rage. This home can bought at very attractive price. This must be sold. TRUST COMPANY, Fourth and Vine. AVONDALE HEIGHTS "Better Entrance Reading rd. Fields Wedgewood BARBOUR, Main 3257 University beautiful large for BAKER & NORTON, Realtors and Builders, 2118 Gilbert Wdbrn. 705 $6,500 ROBERT BOSSE, Wilder tic, nice yd. open BOND HILL SPECIAL $1,000 duplex: tile lot Norwood 7825 22 COLLEGE strictly and Kirby COLLEGE HILL-New owner 23 FELLHAUER DOMINICK 2155 Turner city EGE fine mod garage; sq. to CONTRACTORS AND BUILDERS BAXTER BUILDING CO. LUDLOW STEPHENS & SNYDER, and Evenings 1131 2919 15 COVINGTON 1703 DEER PARK Matson 5-room tile already PEDRO, EAST 2-fam. bath garage 528 Hoge 134 EAST WALNUT HILLS. 2365 road, at Vista av. This one of the most attractive homes on Madison road. The lot is 119 front by approximately 400 deep, overlooking the Cincinnati Golf Club. First floor: Center hallway, living room, dining room, library, kitchen large butler's pantry, and lavatory. Secfloor: Four large bedrooms, two baths and screened-in sleeping porch. Third floor: Two bedrooms, large storage room with built-in chest of drawers. Large garage, with place for riding horse. We own this property and are in a position to satisfactory terms the purchaser. THE R TRUST COMPANY, Fourth and Vine. EVANSTON BEST IRON-SPOT rooms rooms and gas Hoffman water Beautiful brick bungalow breakfast and bath large space on 60x120: by appointtrade ED. A. Realtor, Broadway Canal 4462. The three best letters telling about the trip to the Zoo receive following prizes: First Prize $5, Second $3, Third $2. COVINGTON NEWPORT BRANCH OFFICES. COV. 2400 SOUTH 2401 HYDE PARK Only large KOPF Madison and apts. will week. HYDE PARK New fine neighsell HYDE PARK beautiful strictly English garage: see Main two East city. house will this 5340 2498 ing HYDE PARK six tile bath; 3943 KENNEDY HEIGHTS. N. corner Devanant and Valley View Colonial home, one of the most charmhomes in the suburb of Kennedy Heights. The first floor center hall, large living room with wood fireplace, dining room and kitchen. Second floor: Three large bedrooms, bath sewing room. The heat is furnished by hot-water heating system. The yard tains nearly every variety of shrubbery and fruit, including splendid grape arbor. owner, transferred to another city for business reasons, is very desirous of disposing of the property before he leaves. Owner assist in financing THE CENTRAL TRUST COMPANY, Fourth and Vine. KENNEDY HEIGH Zinale av.; hardwood kitchen bath floor; rooms second level lot, 50x150; KENTON HILLS 10 minutes sold Think rms. and S. IRENE FUNK, 2421 st., M Highland AUBURN MT entirely terms. Call Beech 22 3 rooms; beauty Ft brick wire-cut price modern bungalow HUGHES ARDS. 606 York. 23 NORTHSIDE garage: NORTHSIDE $5,000 Kirby 3634 new California garage only 4443 743 Spencer arranged for large easy price Montgomery terms suit brick or double cash. garage Avon 8523 NORWOODOWNER. for PLEASANT RIDGE Main ROSELLA Symmes PLEASANT right. A. ZIMMERMAN PLEASANT 373 PLEASANT RIDGE- Bungalow, Woodburn 6951 bath: PRICE West Eighth brick and tile double garage. 23 Houses For Sale, 3122 Daytona av. This home built of field stone. First floor has attractive living room with large stone place, dining room, kitchen with large pantry, two rooms bathroom between. Three rooms on the second floor. There is built garage for two cars. The house been newly decorated throughout and is ready for immediate occupancy. We own this property and can make satisfactory terms with the purchaser. Keys at 3126 Daytona. THE TRUST COMPANY, Fourth and Vine. WESTWOOD AND CHEVIOT. -room garage 3165 Harrison Harrison close and on Call garage; Harrison schools; at cost OWNER, Har. lot 2626 and lots; attractive Harrison WHERE QUALITY COUNTS IN HOME JAMES Bldg Main 27 WYOMING. 225 Reilly road. A charming home. First floor: Large open porch, center hall, 14x 22 living room, dining room, room, kitchen. ond floor: Three large, light, airy bedrooms; hall and tile Basement: Full ment, and fruit heating system, gas and coal boilers, toilet, lavatory and laundry. The lot fronts 185 feet on Reilly road and has depth of 275 feet. The home on the of the west 92 feet of the lot and is reached by private driveway. leaves the entire frontage of 185 feet available for homes. The entire property can be purchased for $22,500 on very liberal will divide. THE CENTRAL TRUST COMPANY, Fourth and Vine. 7-rm. 302 Second Nat'l Bank Bldg Canal PRICE Brick St. Louis, separate GRIFFITH THOMAS BRYANT Dudley PRICE HILL high school: brick six English shower Park: 3700 cars PRICE HILL neighborhood; real bar and gain. Main for Houses Wanted. duplex double TENEMENT property wanted will pay Box Louis: 1st: REGINA Price city. Fur..ished Houses For Rent. PRICE and WALNUT Francis car garage. Warsaw 4118 available


Article from Evening Star, December 3, 1929

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Article Text

REFUSES REVIEW OF LAND BANK CASE U. S. Supreme Court Will Not Reconsider Ruling on Stockholders' Liabilities. By the Associated Press. The recent decision holding that the personal liability of stockholders in joint stock land banks could be enforced only by the creditors of such banks will not be reconsidered by the Supreme Court. The decision declared that the receivers of failed joint stock land banks could not enforce the stockholders' liabilities. Strong pressure was brought upon the court to reopen the controversy, which it had decided in a case brought by a shareholder in the failed Bankers' Joint Stock Land Bank of Milwaukee. The receiver, acting under instructions from the Farm Loan Board, assessed the stockholders 100 per cent on their stock, as did the receiver of the failed Kansas City Joint Stock Land Bank of Kansas City and the receiver of the Ohio Joint Stock Land Bank of Cincinnati. The Supreme Court held that as Congress had not specifically provided that the Farm Loan Board should have authority to assess the stockholders, their liability could be enforced only by suit of the creditors. Declaring that the decision would have a disastrous effect upon the bonds issued by joint stock land banks and would in large measure retard the Farm Loan Board in its work to aid agriculture, the receivers of the banks in Kansas City and Cincinnati joined in petitioning the court to reopen the controversy. The bondholders' protective committee of the Kansas City bank also filed a petition urging a rehearing.