Fairbury Bank (Fairbury, IL)

Episode Information

Episode UID
1731695391530
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
173169539 hash
Start Date
June 23, 1927
Location
Fairbury, Illinois (40.747, -88.515)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cda65861cafd933f

Response Measures

None

Description

OCR errors in article corrected (e.g., 'RESEIVER' -> 'RECEIVER').

Events (2)

1. June 23, 1927 Receivership
Newspaper Excerpt
Receiver named for Fairbury ... bank, which has been closed several weeks, following the death of Claudon, cashier; Assets ... turned over to the State bank of Pontiac today.
Source
newspapers
2. September 22, 1927 Other
Newspaper Excerpt
Receiver of Fairbury Bank awarded judgment of $4,557 ... James Selotti has filed bill ... (article reports legal action and judgment involving the receiver).
Source
newspapers

Newspaper Articles (2)

Article from The Paxton Record, June 23, 1927

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Article Text

RESEIVER NAMED FOR Fairbury, June of the persons Claudon State bank, which has been closed several weeks, following the their death of Claudon, cashier, Grain were turned the State bank of Pontiac today, reRepresentatives of the state audimade statement on condition the bank's afafter Pontine bank officials have time over the Assets the Fairbury bank will liqui- page dated stockholders and deposiwill know just where they stand and much will be paid on the This action of naming the Ponbank after and in which the could found. Depositors of the bank have been for ment have grown more and more no decision was reached. Efforts gather ready reopen were to and the was expected that the will have affairs shape report to depositors in short time.


Article from The Pantagraph, September 22, 1927

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Article Text

Receiver of Fairbury Bank Awarded Judgment of $4,557 Pontiac, Sept. for bank, was judgment by against Schmerheim amount$4,557 James Selotti has filed bill for divorce in the circuit court on statutory grounds. The bill asks custody son. Opening by the defense and the were afternoon the People against Harry Fairbury, violation the prohibition act, in Judge court. Witnesses presented by the state were Sheriff R. Scarratt, M. Shugart, M. Jones. Leron Kring, Russell Lange. Garber, and Defense defendant and father, H. Foster, and Loren W.