Farmers Deposit Bank - Richwood, OH

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 5, 1934
Location: Richwood, Ohio (40.426, -83.297)

Metadata

Model: gpt-5-mini
Short Digest: 05f4ed4e

Response Measures

None

Description

Article (Richwood Gazette, 1934-07-05) states the superintendent of banks is in charge of the liquidation of the Farmers Deposit Bank and a sale of lots by the superintendent was ordered. No run is described; the bank is in liquidation by state banking authority, indicating suspension and permanent closure/receivership.

Events (2)

1. July 5, 1934 Receivership

Newspaper Excerpt: sale of two lots in Richwood to L. E. Benton, for $500 by Fulton, superintendent of banks in charge of the liquidation of the Farmers Deposit bank of Richwood, has been ordered by the court.
Source: newspapers

2. July 5, 1934 Suspension

Cause: Government Action
Cause Details: Placed in liquidation and taken over by the superintendent of banks (state regulator).
Newspaper Excerpt: Fulton, superintendent of banks in charge of the liquidation of the Farmers Deposit bank of Richwood
Source: newspapers

Newspaper Articles (1)

1. July 5, 1934 Richwood Gazette Richwood, OH

Article from Richwood Gazette, July 5, 1934

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Article Text

COURT NEWS OF UNION COUNTY Suits for Money and Other Matters Estate Transfers (Marysville Journal) Real Estate Transfers William Rausch, sheriff, to G. W. Hamilton, acres in Paris, $1. William Rausch, sheriff, to Jesse L. Spain, .25 acre in Marysville, $1. Northwestern Mutual Life Insurance Co. to Ira E. Cowgill and wife, 66.95 acres in Claiborne, $2950. Wills Offered The wills of Rose E. Connor, late of Milford Center, and William H. Downing, late of Plain City, have been offered for probate. The former was heard Friday and the latter will come up for hearing July 6. Marriage Licenses William Edwards, 22, farmer of Pharisburg, and Tina Lee Collier, 21, waitress, of Marysville. Henry B. Beach, lumber dealer, of Plain City, and Mrs. Clara Conklin, of Plain City. Virgil E. Smith, 24, laborer, of near Marysville, to Lucille E. Barnett, 21, New Dover. Rev. W. Drew. Divorce Asked Walter Burns, 20, by his next friend, Gottlieb Burns, has filed suit for divorce from Mildred Burns. Despite the fact that Burns knew no other occupation than farming and had provided suiable dwelling on a farm, she insisted that he move to town, and he has moved four times since they were married, trying to satisfy her. The plaintiff claims that his wife never did any housework that she would leave frequently, cursed him and threatened him and finally, on Palm Sunday went to live with her parents. They were married April 1933 and have one child. Eviction Ordered The case of Fry VS. Clarence Fry was heard before Justice J. H. Kinkade recently and writ of eviction ordered. The property is in Marysville. Sale Ordered Sale of two lots in Richwood to L. E. Benton, for $500 by Fulton, superintendent of banks in charge of the liquidation of the Farmers Deposit bank of Richwood, has been orderl ed by the court. Fees Ordered Paid the case of Esther Henderson Pearl A. Hudson, the defendant has been ordered to pay $50 attorney fees for the plaintiff to the Clerk of Court by October Lien Made Void The mechanic's lien, issued to M. Southern has been made void by the court since there were certain provisions violated. Case Dismissed The divorce case of Earl Mixon VS. Esther Mixon has been dismissed. Judgment Awarded In the case of Clara M. Blumenschein and Minnie A. Rausch VS. Otto Scheiderer, deficiency judgment for $1649.94 has been issued.