J. F. Wild & Company (Indianapolis, IN)

Episode Information

Episode UID
2797669891534
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
279766989 hash
Start Date
October 17, 1927
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f12f43dac548fe36

Response Measures

None

Events (5)

1. October 17, 1927 Receivership
Newspaper Excerpt
EUGENE H. IGLEHART and RICHARD L. LOWTHER, Receivers of The J. F. Wild & Co., a State bank (order ... on the 17th day of October, 1927).
Source
newspapers
2. October 17, 1927 Suspension
Cause
Government Action
Cause Details
Probate Court order on relation of State bank commissioner leading to suspension and appointment of receivers
Newspaper Excerpt
by virtue of an order of the Probate Court of Marion County, Indiana, made and entered in the above entitled cause of action, on the 17th day of October, 1927
Source
newspapers
3. November 3, 1927 Other
Newspaper Excerpt
they will ... offer for sale all of the real estate, personal property, chattels and assets of every kind and character belonging to said The J. F. Wild & Co., a State bank (sale by receivers).
Source
newspapers
4. December 16, 1927 Other
Newspaper Excerpt
Checks were in the mail today for 2,000 depositors in the defunct J. F. Wild and Company State bank ... The checks represent 40 per cent of the depositors' accounts, allowed last week by Probate Court Judge Mahlon E. Bash.
Source
newspapers
5. November 16, 1928 Other
Newspaper Excerpt
Indictments now are pending in criminal court against John F. Wild, president; Otto Fisher, cashier ... for bank embezzlement.
Source
newspapers

Newspaper Articles (10)

Article from The Indianapolis Times, October 20, 1927

Click image to open full size in new tab

Article Text

MARCUS S. SONNTAG. President. FRANK H. HENLEY. Secretary. NOTICE TO CREDITORS OF THE J. F. WILD & CO., TO FILE CLAIMS WITH RECEIVERS. State of Indiana, County of Marion,ss: In the Probate Court of Marion County. Ind. State of Indiana on the relation of Luther F. Symons, bank commissioner of the State of Indiana, vs. the J. F. Wild & Co., 9. State bank. No. 2180. The undersigned, receivers of the J. F. Wild & Co., a State bank, hereby give notice that by virtue of an order of the Probate Court of Marion County, Indiana, made and entered in the above entitled cause of action, on the 17th day of October, 1927, all creditors of the J. F. Wild & Co., a State bank, are hereby notified to file their respective claims with the undersigned receivers, at their offices, in the J. F. Wild Bldg., number 123 to 129 E. Market St., in the city of Indianapolis, Indiana, on or before Saturday, the 19th day of November, 1927. Notice is hereby further given that pursuant to the terms of said order any and all creditors of said, The J. F. Wild & Co., except depositors of funds in said bank, who shall fail to file their respective claims with these receivers, on or before said 19th day of November, 1927, the same shall be thereafter barred. and they shall not thereafter be permitted to file claims with the undersigned receivers, or to participate in the distribution of the assets of said, The J. F. Wild & Co., a State bank. Notice is hereby further given that from and after said 19th day of November, 1927, all depositors of funds in said bank, who shall not have theretofore filed their respective claims with said receivers, shall be thereafter barred from filing their claims with said receivers for any amounts over and above the respective amounts shown to be owing to them by the books and accounts of said receivers, or as allowed by said receivers. EUGENE H. IGLEHART. RICHARD L. LOWTHER, Receivers of The J. F. Wild & Co. NORMAN E. PATRICK, FRANK B. ROSS, Attorneys for Receivers. Oct. 20, 27, 1927.


Article from The Indianapolis Times, October 27, 1927

Click image to open full size in new tab

Article Text

INDIANA WORLD WAR MEMORIAL NOTICE TO BIDDERS Sealed proposals will be received by the Trustees of the Indiana World War Memorial at their office. 102 War Memorial Building. Southeast Corner St. Clair and Meridian Streets. Indianapolis, Indiana, until 10 A. M., December 20. 1927. for the sale and removal of the buildings in Square 5 in the City of Indianapolis, Marion County. Indiana, said square being bounded by Meridian, North. Pensylvania and Michigan Streets. the removal of the buildings to begin within five days after January 1. 1928. After removing or wrecking buildings. the side walls of all cellars and footings to same. basement floors. columns therein and footings to same are to be removed, leaving clean basement excavations. All cement and concrete floors and sidewalks are to be removed. The stone removed from basement walls is to be left on the site at street level and all other debris removed. This applies to every building and basement on the above mentioned square. Proposals are to be accompanied by a check for One Thousand ($1,000.00) Dollars to insure the signing of the contract and the furnishing of the bond. A Surety Company bond for Fifteen Thousand ($15,000.00) Dollars will be furnished for the faithful performance of the contract. Each proposal shall be properly signed with the full name of the persons. fir or corporation submitting the same. The Trustees reserve the right to reject any and all proposals. TRUSTEES OF THE INDIANA WORLD WAR MEMORIAL MARCUS S. SONNTAG. President. FRANK H. HENLEY. Secretary. NOTICE TO CREDITORS OF THE J. F. WILD & CO., TO FILE CLAIMS WITH RECEIVERS. State of Indiana, County of Marion,ss: In the Probate Court of Marion County. Ind. State of Indiana on the relation of Luther F. Symons, bank commissioner of the State of Indiana, vs. the J. F. Wild & Co., a State bank. No. 2180. The undersigned, receivers of the J. F. Wild & Co., a State bank, hereby give notice that by virtue of an order of the Probate Court of Marion County. Indiana. made and entered in the above entitled cause of action. on the 17th day of October, 1927, all creditors of the J. F. Wild & Co., a State bank, are hereby notified to file their respective claims with the undersigned receivers, at their offices, in the J. F. Wild Bldg., number 123 to 129 E. Market St.. in the city of Indianapolis, Indiana, on or before Saturday, the 19th day of November, 1927. Notice is hereby further given that pursuant to the terms of said order any and all creditors of said. The J. F. Wild & Co., except depositors of funds in said bank. who shall fail to file their respective claims with these receivers. on or before said 19th day of November, 1927, the same shall be thereafter barred. and they shall not thereafter be permitted to file claims with the undersigned receivers, or to participate in the distribution of the assets of said, The J. F. Wild & Co., a State bank. Notice is hereby further given that from and after said 19th day of November, 1927. all depositors of funds in said bank. who shall not have theretofore filed their respective claims with said receivers, shall be thereafter barred from filing their claims with said receivers for any amounts over and above the respective amounts shown to be owing to them by the books and accounts of said receivers, or as allowed by said receivers. EUGENE H. IGLEHART, RICHARD L. LOWTHER, Receivers of The J. F. Wild & Co. NORMAN E. PATRICK, FRANK B. ROSS, Attorneys for Receivers. Oct. 20. 27. 1927.


Article from The Indianapolis Times, November 3, 1927

Click image to open full size in new tab

Article Text

Legal Notices BANKRUPT SALE The assets of F. B. Wheeler Furniture Company will be sold Tuesday morning, Nov 8, 1927 at 10 o'clock. at the store, No. 511 E. Washington Street. Indianapolis, Indiana, The assets consist of a small, well selected stock of furniture. and installment acocunts in good condition. Assets will be offered as whole. or in lots. to suit Sale will be at public auction to the highest bidder for cash. Full information may be procured at the store, or from any of the undersigned. HENRY SOLOMON Trustee in Bankruptcy. J. W. JOSEPH Bamberger & Feibleman, Attorneys for Trustee. NOTICE OF C. P. EXAMINATION The State Board of Certified Accountants Indiana will hold an examination in the House and Senate Chambers of the Statehouse Indian polis Indiana, Thyrs day and Friday Nov. 17th and 18th, for applicants who desire to practice as certified public accountants. Said examination will be conducted under the plan cooperation with the American York. Institute of Accountants of New as The follows: hours assigned to the subjects are Nov 1P. M.-12:30 P. M -Auditing. M.-6:00 P. Accounting. Theory and Practice, Part I. 18 Nov M. 30 M. Commercial Law. II. Part and M Practice, -6:00 Accounting, Theory Candidates who failed at the May, 1927 examination may be e-examined at the November 1927. examination without payment of additional fee. provided their first appearance was at the May, 1927, examination Candidates who failed previously in more than one subject must be re-exall amined subjects. in Candidates who failed in one subject only, must be e-examined in said subject during the hours assigned for said subject. LAWRENCE F. ORR President. WALTER G. OWENS. Secretary. GREENBERRY G LOWE Treasurer. MEMBERS OF THE BOARD. State of Indiana. Delaware County. SS: Willis B Phelps vs. Walter W. Phelps. In the Delaware Circuit Court. Septem1927 be: No. 4547 term. Notice to absentee for appointment of administrator To Walter W. Phelps, Greetings: You are hereby notified that the above named defendant has this day filed in the office of the Clerk of said Court This eertal complain and petition alleging thereamong other things. that you. the said defendant on the first day of January 1913. being then resident of the City Muncie the County of Delaware and State of Indiana, and the same being your usual place of residence. went to narts known and tinuously since said date and unheard from, leaving property in said county without ha ing made any provision for its control or management: that by reason thereof said property is suffering waste for want of proper care, and praying that your estate may be adjudged by said Court subfect administrati and an adminisrator thereof duly appoined Now. therefore, you. the said Walter W. Phelps, defendant and absentee as aforesaid, are hereby notified that said complaint and the matters therein alleged will come up for hearing and determinat said Court at Courthouse in the City of Muncie and State aforesaid. on Menday the 2nd day of January 1938. as had soon thereafter as such hearing can be Witness the Clerk and seal of said Court at Muncie 2nd day of November 1927 PERRY W MANSFIELD. Clerk of the Dela Court NOTICE OF SALE OF REAL ESTATE AND PERSONAL PROPERTY BY RECEIVERS OF BANK THE J. F. WILD & CO., A STATE State of Indiana, County of Marion, as. Indiana In the Probate Court of Marion County, The State of Indiana on the Relation of Luther F. Symons, bank commis of the State Co., of State Indiana, vs. The J. F. Wild & bank. No. 2180 Eugene H. Iglehart and Richard Lowther receivers The & Co., a bank, hereby give notice that virtue of an order of the Probate Court of Marion County. Indiana, made and entered in the above entitled cause of tion, on the 3rd day of November. 1927. they will, as the hour of 9 o'clock m. on Thursday. ne 0th day of November. 1927, at the offices The J. F. Wild & Co. number 120 E. Market St., In the city of Indianapolis, Ind., offer for sale. all of the real estate, personal property. chattels and assets of every kind and character belonging to said. The Wild & Co., a State bank. except bank deposits, and cash $50 hands, and excepting also one note for ,000.00 executed by Frank Millikan. and also two notes for $25,000 00 each. executed Todd and by John which Appel and Robert said notes payable Wild to the order of said, The J.F. & Co. A full complete and detailed description of said real estate and personal property and the appraised value of each and tem thereof shown and set forth and inventory appraiseme of said state and personal property which now on file in the office the clerk Probate Court of Marion ndiana. and copy said inentory and aisement also on file in the office these receivers, where the ested same may therein be examined by any one inter That the real estate. personal propert: and assets of said Wild F. The and which be sold by these receivers. & Co. are described as follows. to-wit: All personal property consisting of road bonds school bonds United States Gov bonds land bank bonds, corpora tion bonds municipal Improvement bonds stocks of various kind and character paper first mortgage real estate certificates notes, mortgage loans and trust deeds. checks. and discounts furniture fixtures, equipment and yndicate appliances, niscellaneous drafts, profits files good will and also all other articles and of personal property and chattels of every kind and character belonging to said. The F. Wild & Co. State Bank except bank deposits, and cash on hand, and excepting also the notes of Frank M. Milliken. John Appel and Robert I. Todd above described Also the following described real estate located in the city of Indianapolis, Ind. Parcel No Fifty (50 feet off of the north side of lot twelve 12 in Mardosia, a subdivision Washington Park, in the city of Indianapolis Ind. as per the re. corded plat thereof. recorded In plat Book of 14, Marion page 109 County in the office of the recorder Indiana Parcel No All that part of lot 90 in James W King subdivision lot 3 and the north part of lot in Bennett and Isabella Bryan's subdivision of the east the northeast 1/4 of section 6. township north of range east, lying west of the west line Tecumseh St. as now located an addition to the city Indian apolis, Ind. also 28 feet west of and joining said lot 90 being part of old cumseh St vacated as shown by town lot record 576, page 398 of the records in the recorder's office of Marion County Indi ana also feet in width parallel and abutting old Tecumseh St. as reserved by James W King' subdivision above referred to for public purposes, said 2-foot strip being adjacent to the west end of 90 said lot Parcel No. 3.-All of that part of lot in James W King' subdivision and the north part of lot in Bennett and Isabella Bryan's subdivision. an addition to the city of Indianapolis Ind. as per plat thereof in plat book page 40 of the records in the recorder' office of Marion County. Indiana. and lying east of Tecumsch St as now located. For loca tion of Tecumseh St. see mortgage record 710. page 540. of the records in the recorder's office of Marion County. Indiana Parcel No. All that part of lot 91 in James W. King's subdivision lot 8 and the north half of lot in Bennett and Isabella Bryan's an addition to the city of Indianapolis, lying east of Tecumseh St. as now located. For loca tion of Tecumseh St. see mortgage record 710. page 540, of the records in the office of the recorder of Marion County, Indiana, Parcel No 5. Lots number 51. 52 and Ind. city 53 in Wit Indianapolis, and Spannut haddition to the All of said above described real estate and personal property will be sold. at private sale, in separate parts and parcels, for cash. and for the highest and best price we are able to obatin therefor In the event all of said property is not sold on said 10th day of November, 1927. said sale will be continued from day to day thereafter until all of said assets have sold. been Said sales will be made in all things subject to the approval of the Probate Court of Marion County. Indiana. EUGENE H. IGLEHART and RICHARD LOWTHER Receivers of The Wild & Co., a State Bank. NORMAN E. PATRICK, ROSS. B. FRANK Attorneys for Receivers


Article from The Indianapolis Times, November 30, 1927

Click image to open full size in new tab

Article Text

WILD ORDER CONTINUED By agreement of attorneys, the restraining order against receivers of the J. F. Wild & Co. State Bank, preventing them from selling $100,000 worth of "accommodation notes" as assets, was continued Tuesday by Superior Judge Linn D. Hay. The temporary order will stand pending a hearing on a permanent injunction.


Article from The Indianapolis Times, December 16, 1927

Click image to open full size in new tab

Article Text

# WILD CHECKS MAILED Checks were in the mail today for 2,000 depositors in the defunct J. F. Wild and Company State bank, according to Eugene H. Iglehart, co-receiver. The checks represent 40 per cent of the depositors' accounts, allowed last week by Probate Court Judge Mahlon E. Bash. About sixty preferred claims also were paid Thursday and today. The largest of these was to the Columbia Club Realty Company for $23,700.


Article from The Indianapolis Times, January 12, 1928

Click image to open full size in new tab

Article Text

# FILE WILD BANK SUITS Three Actions Started to Collect on Overdue Notes. Three additional suits to collect overdue notes on the defunct J. F. Wild & Co. State bank were filed in county courts Wednesday afternoon by Eugene H. Iglehart and Richard Lowther, receivers. Total of $653.75 on notes is asked. The receivers filed sixteen suits Monday against noteholders, seeking more than $10,000.


Article from The Indianapolis Times, July 19, 1928

Click image to open full size in new tab

Article Text

# DELAY WILD CHECKS Second Dividend Held Up by Traction Suit. Second dividend checks of depositors of the defunct J. F. Wild & Co. State bank, which were to have gone out this week, are being delayed pending settlement of a case before the public service commission, Receiver Richard L. Lowther said today. Yowther said the checks for 17ยฝ per cent are prepared and probably will be place din the mail in about a week. Probate Judge Mahlon E. Bash's order was for them to be dated July 16, but the State case caused the delay. The depositors were paid 40 per cent several months ago. The case is that of the Indianapolis & Cincinnati Traction Company, whose reorganization plans now before the commission involve the Wild bank money with which the dividend is to be paid. The matter will be straightened out by the latter part of next week, Lowther said.


Article from The Indianapolis Times, November 16, 1928

Click image to open full size in new tab

Article Text

# CARRY AFFAIRS # OF WILD BANK # TO FOUR COURTS Failure of Institution Year Ago Results in Much Litigation. Legal action resulting from the failure of the J. F. Wild & Co. state bank more than a year ago has been carried to four Marion county courts. This case has entered more county courts in various ways than any other matter that has come before authorities in recent years. The first litigation brought to a court's attention was the petition for a receiver filed before Probate Judge Mahlon E. Bash. Eugene H. Iglehart and Richard L. Lowther were appointed receivers and took steps toward sale of all the company's assets, including Florida holdings, which were considered extremely valuable during the boom period. Iglehart since has withdrawn as co-receiver and Lowther now is preparing to pay depositors a 5 per cent dividend in December that will bring the amounts paid to various individuals who had interest in the bank to 62ยฝ per cent. Lowther is sure that before the receivership matter is closed 80 per cent will be returned. # Indictments Are Pending Indictments now are pending in criminal court against John F. Wild. president; Otto Fisher, cashier and John Craig Fisher and William P. McNairy, officers of the bank, for bank embezzlement. These indictments were filed April 20 and please in abatement and motions to quash have been filed since then by defense attorneys. Collins sustained the state's demurrer to the abatement pleas and now has the quash motions under advisement. In superior court two, Judge Linn D. Hay plans to hear arguments late this month on three suits filed there to prevent $100,000 worth of accommodation paper from being sold as assets of the bank in the receivership clean-up. The late Robert I Todd, president of the Indianapolis Street Railway Company, Frank M. Millikan. local capitalist, and John J. 9ppel, real estate broker, signed notes. which were renewed, to the bank on request of the bank's officials. # Notes for Accommodation The men contended that the notes merely were for "accommodation of the bank" and since no consideration was involved in the transaction and no interest paid on the notes, they have no salable value. The most recent litigation involving the bank is the filing of a suit in superior court three by Lowther against the Standard Accident Insurance Company of Michigan, seeking $30,000 on an insurance policy taken by the bank, when solvent, to protect the institution against losses by theft, larceny or destruction. The bank collected $50,000 on the policy following the "disappearance or theft" of $271,500 of Liberty bonds in November, 1926.


Article from The Tribune, June 20, 1929

Click image to open full size in new tab

Article Text

WILD PETITION Would Collect $10,000 Claim Against Receiver For J. F. Wild Company. TESTIMONY COMPLETED Indianapolis, June 20-Oral arguments on a petition of Charles Schlegel, 625 East Twenty-ninth street, to collect a $10,000 claim against the receiver for the J. F. Wild & Co., State bank, will be heard before Judge Mahlon Bash of Probate court, Monday. Testimony in the case was completed Wednesday. Schlegel and other claimants are attempting to collect $33,000 from Richard L. Lowther, bank receiver, as a refund on second mortgage securities of the Inglerose Investment Company purchased from the bank. Lowther is named defendant in the action. Several purehasers of the bonds, who also have claims against the receiver, were on the witness stand yesterday. They included Schlegel, Miss Amenda Hamilton of Greencastle, Charles Hoover of Middleborough, Charles H. Stanley, cashier of the Farmers State bank of Lainsville, representing the bank: William Kiser of Carthage, John Woody of Darlington, and the president of the Union Trust Company of Hagerstown. They told the court that the securities were represented to them as "absolutely good" by J. F. Wild and other officers of the bank. Eugene Iglehart, former core ceiver of the bank and official in the Inglerose company, testified that the only property owned by the concern was a building at Kansas City, Mo., against which mortgages totaling $400,000 had been issued. Lowther. on the witness stand, said he held $4,000 worth of securities appraised at 50 cents on the dollar. Frederick Schortemeier, former secretary of state and attorney for Schlegel, in his opening state. ment, declared that the securities had not been registered with the Indiana securities commission as required by law. Norman E. Patrick. attorney for Lowther, contended that the claimants were not creditors of the Wild bank. The attorney declared the receiver was not obligated to pay the claims because they were not filed until several months after a receiver had been appointed. Obituary Harriet Robbins, daughter of Christian and Juha Ann Miller, was born in Jennings county. Ind., January 22, 1850 and pass ed over to the great beyonn May 24, 1929 at the age of 79 years, 4 months and 1 day. Of her twelve brothers and sisters only one survives, Mr. Solomon Miller of Jennings county, Ind At the age of 27 years she was united in marriage to Thomas J. Vanmeter, and to this union were born six children. Two died in infancy and the four remaining are as follows: Mrs. Minnie Risinger, Brooklyn, Ind. Mrs. Charity Stigdon. Seymour Ind.: Mr. Walter V. O. Vanmeter. Orange county, Ind.: Mr. Martin J. Vanmeter. Jeffersonville, Ind She also leaves a foster son, Mr John F. Emly. of Indianapolis, Ind., whom she mothered from the age of two years and who brought JOY, comfort and sun shine in her remaining vears. In her early life she became a member of the Holiness church at Oak Grove, Ind. She was left a widow on May 5. 1911. In 1916 she was united in marriage to Mr. Harrison Robbins, of Queensville, Ind. Here she spent most of her remaining years, going to Indianapolis on Nov 12, 1928. After spending the winter in Indianapolis, she made a short visit with her daughter at Seymour, Ind. and from there she went to her son's home in Orange county. Ind., where she spent the remainmg sdays of her life. She became ill while in Indianapolis and the remaining of her days were spent in suffering which she bore patiently.


Article from The Indianapolis Times, September 24, 1930

Click image to open full size in new tab

Article Text

# 10 PER CENT FOR WILD # BANK DEPOSITORS SOON Receiver's Report Lists Forthcoming Dividend With $72,910 Ready for Distribution. Depositors in the defunct J. F. depositors, the additional dividend Wild & Co. state bank will receive will bring the total receiver's pay- an additional 10 per cent dividend ments to 72ยฝ cents on each dollar on deposits soon, Richard L. Low- held at the time the bank's doors ther, receiver, said today with filing were closed in 1927. of a receiver's report before Probate Judge Mahlon E. Bash. In a 129-page report covering the receiver's activities since Aug. 8, 1929, Lowther disclosed that $72,910 is held for distribution. Lowther said large amounts of the bank's assets "either are entirely worthless or of far less value than was carried on the bank's books." Total "bad" assets of the in- stitution when it closed were $857,253, with insolvency estimated at With 62ยฝ per cent already paid