Meyer Kiser Bank (Indianapolis, IN)

Episode Information

Episode UID
20005571615
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
2000557 routing
Routing Number
20-0055
Start Date
July 17, 1934
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9c39b2892137d8c4

Response Measures

None

Description

Receiver is referenced in 1934; exact suspension/closure date not given in these articles.

Events (2)
1. July 17, 1934 Other
Newspaper Excerpt
The state today... in the embezzlement trial of Melville S. Cohn, former vice-president of the Meyer-Kiser Bank here
Source
newspapers
2. * Receivership
Newspaper Excerpt
Thomas E. Garvin, receiver for the Meyer-Kiser Bank
Source
newspapers

Newspaper Articles (2)
1. January 20, 1928 The Indianapolis Star Indianapolis, IN
Article from The Indianapolis Star, January 20, 1928

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Article Text

MARION COUNTY KLAN LOSES JUDGMENT SUIT Judgment of $1,111.5 against Marion County Klan, No. 3, Ku Klux Klan. was awarded to August Buschmann & Sons yesterday for rent of hall at Eleventh street and College avenue and rental on chairs and electric fans, by Judge Byron K. Elliott of Superior court, Room Funds to pay the judgment probably will be derived from sale of lot at East Washington street and Linwood avenue which was placed in control of the Peoples State bank as receiver by Judge Elliott.

2. July 18, 1934 The Star Press Muncie, IN
Article from The Star Press, July 18, 1934

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Article Text

STATE CLAIMS BANK PAID DIVIDEND FOR BANKRUPT CONCERN Indianapolis, July 17 (A)-The state today, through witnesses in the embezzlement trial of Melville S. Cohn, former vice-president of the Meyer-Kiser Bank here, sought to show funds of the bank were used pay a $37.50 dividend to a stockholder of a real estate company that was in receivership and for which the bank had floated stock issue. Defense objections repeatedly were interposed as state attorneys began an attempt to prove. that after the bank failed to show profit in 1028 its officers used funds of the institution to prevent collapse of several real estate companies. Special Judge Alex G. Cavins withheld decision on several of the objections. Miss Grace Jackson, a former vicepresident of the bank, testified she signed $37.50 dividend check payable to Albert Blue, preferred stockholder in the Fralich Realty Company, and Blue told the company he received it. The specific charge On which Cohn is being tried is based on this check. Thomas E. Garvin, receiver for the Meyer-Kiser Bank, and J. J. Kelly. of Gary, receiver for the Fralich company, were other witnesses.