Home Savings Bank - Metamora, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: August 1, 1932*
Location: Metamora, Ohio (41.712, -83.910)

Metadata

Model: gpt-5-mini
Short Digest: 6e180e88

Response Measures

None

Description

Article (Dec 30, 1932) states Home Savings Bank, Metamora, closed last August and that the State Bank Superintendent is bringing suits and handling collections; indicates the bank was closed permanently and in receivership. OCR errors in the article were corrected (e.g., fragmented sentences). No run is reported.

Events (1)

1. August 1, 1932* Suspension

Cause: Government Action
Cause Details: Bank closed in August 1932 and matters are being handled by the State Bank Superintendent/receiver; superintendent bringing suits to collect notes and liquidate assets for depositors and creditors.
Newspaper Excerpt: no dividend depositors paid by this bank closed last August.
Source: newspapers

Newspaper Articles (1)

1. December 30, 1932 The Republican Wauseon, OH

Article from The Republican, December 30, 1932

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Article Text

NEW CASES Bank Superintendent Bring Suits to Collect Notes FORECLOSURES The State Bank Superintendent county collect notes liquidation the Home Savings Bank This the est of cases county. No dividend depositors paid by this bank closed last August. collect year ago funds pay dividend are brought. of Banks Home Savings Metamora, brings Bank against the following to collect several accounts: Chandler, Silhavy Motor Sales, only amount claimed money with interest; John Bauer, Pegg Hardware money amount claimed $544.36 with interJohn Bauer, money only amount claimed, $952.66 with Staup, silhavy Motor Sales money only Staup, money amount claimed, with interStaup, Pegg Co., est; claimed, $163.87 with Arnold, cognovit note, M. Herr, note Jacob Welter, claimed with interest; Fred Duffy, money only, amount claimed, Lucinda Judson Mary E. Kenregain of land and injunction. plaintiff alleges that legal entitled to immediate of 30 acres York townpossession She says that the defendants ship. took the estate under contract, dated April 1932. She alleges that fendants agreed $40 first be month, like amount the first each month until 500 paid. The plaintiff the the term the comply She and that the be joined injuring destroying the property. Albert Currier, note, amount $263.00 which asked. Godlob Krauss William Merillat, relief. claimed interest. The plaintiff states defendants their and secure payment deed Swan township that he the owner both and note havbought from the ceiver the Loan Company Delta.