Article Text
BANK RECEIVER SUES AMERICAN SURETY Cambridge, June $5000 against the American Surety company New York was Henry county circuit court day by Adams, receiver the Bank of Bishop Hill. The listed assumpsit, only the praecipe being filed.
3590. Bank of Bishop Hill (Bishop Hill, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 28, 1933
- Location
- Bishop Hill, Illinois (41.202, -90.119)
Metadata
- Model
- gpt-5-mini
- Short Digest
217886ad34526437
Response Measures
None
Description
Articles (1933) describe the Bank of Bishop Hill in receivership: receiver Adams has filed suit, is prosecuting claims against former directors, and filed quarterly receiver's reports. There is no mention of a depositor run; the bank was closed and in receivership (government action). Dates of closure/suspension are not explicitly given in the clippings, but the receiver was active by June–July 1933.
Events (4)
1.
June 28, 1933
Receivership
- Newspaper Excerpt
- BANK RECEIVER SUES AMERICAN SURETY ... was Henry county circuit court day by Adams, receiver the Bank of Bishop Hill.
- Source
- newspapers
2.
June 28, 1933
Suspension
- Cause
- Government Action
- Cause Details
- Bank placed in receivership (receiver Adams acting for the failed bank); closed by regulatory/receiver action.
- Newspaper Excerpt
- Adams, receiver the Bank of Bishop Hill.
- Source
- newspapers
3.
November 21, 1933
Other
- Newspaper Excerpt
- Orders Portions of Complaint by Bank Receiver Against Deem Stricken ... Adams, receiver of the Bank of Bishop Hill ... suit receiver against Deem, Clara Deem, Charles Deem and others.
- Source
- newspapers
4.
November 23, 1933
Other
- Newspaper Excerpt
- BANK RECEIVER BISHOP HILL MAKES REPORT ... Adams, receiver of the Bank Bishop Hill yesterday filed his county circuit port ... showed total receipts and total ... Quarterly Statement Is Filed With Henry County Circuit Court.
- Source
- newspapers
Newspaper Articles (3)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
TO BILL Orders Portions of Complaint by Bank Receiver Against Deem Stricken. (Special to The Cambridge, Nov. Leonard Telleeen, the Henry county circuit court, has decision Deem and others of Galva in filed Adams, ceiver of the Bank of Bishop Hill. The suit receiver against Deem, Clara Deem, Charles Deem and others. for Deem filed tions seeking to strike tions of the filed Adams, April 10. After the heard the ments court held that the passages jected were impertinent and scandalous and should be removed. Adams that Deem while director of the Bank of Bishop loan to himself and passed further that made report the last or eight years to the auditor public accounts that worth and that automobile owned Deem had been transferred bill of sale the ownership of his son, Charles Deem. He also that Clara Deem had transferred 80-acre farm the son, all in order that the action judgment the against Deem for would be defeated. The the balance of the charges expected be filed sometime today and be gendenial. case nearing hearing on its merits.
Click image to open full size in new tab
Article Text
BANK RECEIVER BISHOP HILL MAKES REPORT Quarterly Statement Is Filed With Henry County Circuit Court Adams. (Special to The Cambridge, Nov. Adams, receiver of the Bank Bishop Hill yesterday filed his county circuit port court for the period from July Oct. He showed total receipts and total $659.89. The itemized statement his report follows: Receipts. From premiums and rent, 3.32 notes discounts From 580.49 From interest Total receipts this $2,130.47 port Balance on hand at last 1,133.19 port be accounted for $3,263.66 Tot. to Receiver's salary and 343.00 penses Legal expense and 219.35 ney's fees Clerk and stenographer 90.00 hire 7.54 expenses disbursement, this Total report in hands of 2,603.77 er On Hand. 184.88 Cash hand on Continental IIIIDeposited nois National Bank 2,418.89 Trust company