15403. Walbridge State Bank (Walbridge, OH)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
August 27, 1932
Location
Walbridge, Ohio (41.588, -83.493)

Metadata

Model
gpt-5-mini
Short Digest
4b07dccada8534ca

Response Measures

None

Description

Articles indicate the Walbridge State Bank was placed in liquidation and the Superintendent of Banks was in charge (government action). No article describes a depositor run. Later (1934) criminal charges against former officers are reported, confirming the bank remained closed and under liquidation/receiver. OCR errors in Article 1 corrected for readability.

Events (3)

1. August 27, 1932 Receivership
Newspaper Excerpt
Superintendent of Banks Ira in charge the liquidation the Walbridge State Bank, the Walbridge Lumber and Supply Co. personal property ... Receiver for help. insurance appraisers. Benadum Meredith former order of court (OCR-corrected excerpt).
Source
newspapers
2. August 27, 1932 Suspension
Cause
Government Action
Cause Details
Superintendent of Banks took charge and placed the bank in liquidation; bank suspended operations under state supervision.
Newspaper Excerpt
Superintendent of Banks Ira in charge the liquidation the Walbridge State Bank
Source
newspapers
3. June 23, 1934 Other
Newspaper Excerpt
the closed Walbridge State Bank pleaded not guilty ... charged with willful misapplication of the bank's funds. They released under their original bonds $1,000 each until their trial, which was assigned for Sept. 11. (Richmond Item 1934-06-23).
Source
newspapers

Newspaper Articles (2)

Article from The Daily Sentinel-Tribune, August 27, 1932

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Article Text

Marriage Licenses Roland Lytle, turnkey, and Helen clerk, Bowling Green. Robert Penn, 30. electrician, ing Green, and Audra Bunch, Bowling Green. Earl Conn, 38, flour packer, Toledo and Leonore Hadley, Toledo. Theodore Keefer, switchman Greenwick, and Rosamond Gilbert, stenographer,, Walbridge. Probate Court Will of Mary Beier probate. Inventory and appraisement by Frank Radel, administrator estate of Julia Shiple; personal property real estate $2,350. Report of sale of personal filed by Edward Ellenwood, ministrator of estate of Isadore lenwood. Fourth partial account filed by Bowman, executor of estate John Kieffer Final account filed by Frederick executor of estate of Robinson. Exceptions accounts of administrator of estates and James Hite; accounts Common Pleas Entries Superintendent of Banks Ira in charge the liquidation the Commercial Guardian Trust Savings Bank. Frank Tripodi, judgment for plaintiff;: mortforeclosed and lands ordered Superintendent of Banks Ira in charge of the liquidation the Walbridge State Bank, the Walbridge Lumber and Supply Co. personal property of defendant bankruptcy court. Receiver for help. insurance appraisers. Benadum Meredith former order of court Return Escaped Patient Shelby, Ohio, patient the Toledo State Hosreturned to that instituhospital officials this after he had spent the night the county ail. The man was found sleeping near Sotch Ridge last ning Deputy Sheriffs Isch and after residents of the vicinreported that he wan about there. He told the he had escaped yesterday Woman is Released Bessie Dorothy Keeney, of was released by Justice Frank Smith to her attorney, Leroy of yesterday followhearing charge of property valued at acting administratrix estate of William Bowers. The was taken under adisement Smith who released the to her attorney until he her. Bank Expenses Filed Liquidation expenses of the Commercial Bank and Savings Company May to August 15 totalled according to an applicafiled by Banks Ira Fulton through Schurr, deputy superintendent of the liquidation of of the in which the superintendent approval of the expenses. expenses given as follows: estate expenses, ees, taxes, $2,048, liquidation and miscellaneous expenses,


Article from The Richmond Item, June 23, 1934

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Article Text

INDIANA-OHIO NEWS CLOSED MAKEPLEADINGS Bowling Green Officials Deny Their Guilt on Court Arraignment BOWLING GREEN, Ohio, June officers the closed Walbridge State Bank pleaded not guilty when before Judge Amos Conn returned against them more than 10 months ago. The ex-bankers, Benjamin James, Bowling attorney largest stockholder the bank; Fred W. Henry, now living ledo, its president, and Frank Landwehr, Stony Ridge, cashier, are charged with willful misapplication of the bank's funds. They released under their original bonds $1,000 each until their trial, which was assigned for Sept. 11.