4063. Arlington State Bank (Arlington, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 26, 1929
Location
Arlington, Illinois (41.474, -89.249)

Metadata

Model
gpt-5-mini
Short Digest
2c2275bf

Response Measures

None

Description

Newspaper legal notices from mid-1929 identify Spring Valley City Bank as receiver for Arlington State Bank and discuss sale of bank-owned real estate. No article text describes depositor runs. This indicates the bank entered receivership (suspension/closure) rather than a run-driven episode.

Events (2)

1. July 26, 1929 Receivership
Newspaper Excerpt
Spring Valley City Bank, Receiver for Arlington State Bank; Spring Valley City Bank, Receiver for Arlington State Bank: ... sale to Bullock ... Spring Valley City Bank, which is receiver for the funct Arlington be compellpay the back taxes.
Source
newspapers
2. July 26, 1929 Suspension
Cause
Government Action
Cause Details
Arlington State Bank placed in receivership; Spring Valley City Bank acting as receiver (court/department action leading to suspension).
Newspaper Excerpt
Spring Valley City Bank, which is receiver for the funct Arlington
Source
newspapers

Newspaper Articles (4)

Article from Bureau County Tribune, July 26, 1929

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Article Text

Bank Receiver Sued For Delinquent Tax petition filed in the Circuit Court Tuesday to the Spring Valley City Bank to furnish chantable title to real estate formerowned by the Arlington State which sold last February sale to Bullock. Bullock bid the property in price $460. subject to unpaid taxes for year 1928. SubseMr. Bullock claims his petition, he notified that the taxes had not been paid on the perty since 1923. In his Mr. Bullock quests that the court set aside der approving the sale of perty and that the Spring Valley City Bank, which is receiver for the funct Arlington be compellpay the back taxes.


Article from Bureau County Tribune, August 16, 1929

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Article Text

NEW PLANS FOR COUNTY FAIR ARE COMPLETE With the approach of the dates for the Bureau County Fair, the indefatigable effort of the fair officials are beginning to bear fruit and have plans for the protection of the immense throngs that will attend. and at the eliminate all possibility of discomfort and confusion. There will be only one entrance to the fair grounds' year. and this will be double entrance near the secretary on the south side. The southwest entrance. which has been used heretofore, will be set apart for exit purposes only. while the north gate will be used for the accommodation of trucks. A sufficient number of directors of traffic will be on duty to prevent congestion and guard against accidents, while commodious parking spaces will take the thousands of cars. The Bureau County Fair of 1929 will be remembered by all as greatly superior its illustrious predecessors, and that will be an accomplishment which present officials can with pride. Never before has there been such wonderful free attractions to delight both old and young and the booking of the great Horseshoe Midway guarantee that those this pathway of delight and unbounded thrills will be repaid for the journey. This is certain to be one of the leading attractions of the fair, and the men who conceived the idea are to be congratulated. Among the free attractions, which will be given in front of the grandstand every afternoon and evening during the fair. will be the Rose Kress Four, Ishakawa Japs, the Florenis, the Aerial Solts, Carlos' Comedy Circus, the Florenis and Nolly Tate, the inimitable European novelty clown, aggregating greatest assembly of free vaudeville attractions ever engaged by any county fair association. Each and every one of these features are the best obtainable. and the entertainment varied that no one will be disappointed and all win surely be delighted with the free shows. Ralph Jack, the premier band director of northern Illinois, will have charge of the music at the fair, and his ability and fame as director is too well known and appreciated by the people of Bureau county to need or require superfluous commendation. The band will be made up largeof Bureau county musicians, many whom have been under Mr. Jack's direction in past years. The program novelty races for Tuesday, including the wagon race, mounted potato race, pony races, mule running and pacing races, dealers automobile race and the half mile $15 car race, assurance that the opening day will be one of the big days the fair. The management have devoted great time and effort in perfecting arrangements for these events, and if you are obliged to omit one day don't let it be Tuesday Mr. Seibel. secretary of the fair association, informs us that practically all of the concession space has been contracted. although it may be possible to crowd in few more. A strict investigation of the merit of features seeking concessions this year has becomade by the officials, and no games of any kind will be operate. This has been done in an honest effort to protect the public, and will be strictly enforced. Make preparations to attend the fair the entire four days and nights. There will be something doing all the time-a continuous performance of joyous events for thousands of pleasure-loving patrons. page 79 thereof: John Glynn: Fred H. Haskell; Irene Clayton Appel: Bet ty Marie Clayton, minor: Mendota National Bank. National Banking Association: Otto Weisenberger: F. J. Nelan: James F. Walsh: First National Bank of Princeton. National Banking State Bank of Cherry, an Illinois banking corporation: Mary Shima: Ellen Smith, Executrix of the last Will and Testament of William J. Smith, deceased: M W. Ryan: M. S. Jacoby: William Burkart: John Coughlin: Nick Hannon: Spring Valley City Bank poration Ellen Smith Marie Viner: LaSalle National Bank, National Banking Association: Charles Connolly, Administrator of the Estate of Fred Fouth. deceased Catherine Skeffington Millie Hensel: Citizens National Bank Princeton, National Banking Association: Dominick Cresto: Arling ton State Bank, an Illinois Banking corporation Spring Valley City Bank, Receiver for Arlington State Bank Simpson Lumber Co. corporation; Daniel Devine: Ber tha Stein Joseph Sadnick: Mary El len Flaherty: Loretta Rooney, Flor ence Boyland: William McDonald Paul F. McDonald: Bernard McDon ald: Loretta Rooney, administratrix of the estate of William McDon. ald, deceased: the unknown owner or owners holder holders of the following described promissory notes signed by William McDonald to-wit, notes numbered and for the sum of Twenty-five Hundred Dollars ($2500 00 each notes num bered and for the sum of Two Thousand Dollars each: note numbered for the sum of Fifteen Hundred Dollars 00 notes numbered eight and nine for the sum of One Thousand Dollars $1000.00) each, and notes numbered ten and eleven for the sum of Five Hundred Dollars each. all dated March 1st 1922, cured by trust deed made and exe cuted by William McDonald Charles L. Connolly dated March 1st 1922. and recorded March 2nd. 1922. in the office of the Recorder of Bu reau County Illinois, in Book 193 Trust Deeds on page 162 thereof the unknown owner owners holder or holders of one certain promissory note signed by William McDonald. for the sum of Eighteen Thousand Five Hundred Dollars dated November 16th 1923. secured by trust deed made and executed by William J. McDonald. to Perry D. Trimble Trusteg. dated November and corded November 17th, 1923, in the office of the Recorder of Bureau County Illinois, in Book 193 of Trust Deeds on page 445 thereof: the unknown owner or owners or holder or holders of the following described promissory notes. to-wit. one for the sum of Eleven Hundred Dollars ($1100.00) signed by William J. McDonald. dated April 15th. 1924. and for the sum of One ThousDollars signed by William McDonald. dated April 30th 1924. both being judgment notes payable to the order of John Glynn, and one for the sum of Five Thousand Dollars ($5000 00) signed by William McDonald. Jame F. Walsh. Otto Weisenberger and F. Nelan. dated July 31st. 1924. payable to Fred H. Haskell: all secured by trust deed made and executed by William McDonald to Perry D. Trimble, Trustee. dated November 10th. 1924. and recorded No. vember 12th. 1924 in the office of the Recorder of Bureau County, IIIinois in Book 203 of Trust Deeds on page 79 thereof: Affidavit of the non-residence of the said Dorothy C. Norberg and John Glynn having been filed in the office of the Clerk of said Circuit Court of Bureau County, Illinois and further affidavit having been filed setting forth that due and diligent search and inquiry has been made to learn the names, places of residence or Post Office addresses of certain persons whose names are unknown. who do or may claim some interest in or lien upon the real estate described in the bill of complaint herein. some part or parts thereof. and each. any and all of them. who are made parties defendant to said suit are as follows The unknown owner or owners or holder or holders of the following described promissory notes signed by William McDonald, to-wit, notes number 1, and for the sum 01 Twenty five Hundred Dollars each: notes numbered and for the sum of Two Thousand Dollars each; not seven for the sum of Fif teen Hundred Dollars notes numbered eight and nine for the sum of One Thousand Dollars each, and notes numbered ten and eleven, for the sim of Five Hundred Dollars ($500.00) each. all dated March 1st. 1922, cured by trust deed made and executed by William McDonald Charles Connolly, dated March 1st, 1922. and recorded March 2nd, 1922. in the office of the Recorder of Bureau County Illinois In Book 193 of Trust Deeds on Page 162 thereof: the unknown or owners or holder or holders of one certain promissory note signed by William McDonald. for the sum of Eighteen Thousand Five Hundred Dollars dated November 16th. 1923 secured by trust deed made and executed by William McDonald. Perry D. Trimble Trustee, dated Nov. 16th. 1923. and recorded 17th 1923. in the office the Recorder of Bureau Trust Deeds on page 445 thereof: the unknown owner or owners holder holders the following described promissory notes. to-wit. for the sum of Eleven Hundred Dol lars signed by William McDonald, dated April 15th. 1924. and for the sum of One and Dollars signed by William MeDonald. dated April 30th. 1924. both being judgment notes payable the order of John Glynn and one for the sum of Five Thousand Dollars ($5000 00 signed by William McDonald, James Walsh Otto and Nelan. dated July 31st. 1924 payable to Fred H. Haskell: all secured by Trust Deed made and exe cuted by William J. McDonald Perry D Trimble, Trustee dated November 10th. 1924. and recorded November 12th. 1924 in the office of the Recorder of Bureau County Illinois in Book 203 of Trust Deeds page 79 thereof: on Notice hereby given to said nonresident defendants aforesaid. and certain whose names are unknown, who or may claim some interest in or lien upon the real tate described in the bill of complaint herein that said complainants filed their Bill Complaint in said Court the Chancery side thereof on the 15th day of August A. D 1929 and that summons issued out of said Court. against said defendants returnable on the Third Monday of September A. D. 1923 as is by law required Now unless you the said non-resident defendants aforesaid and certain persons whose names are nnknown. who do or may claim some interest in or lien the real tate described in the bill of complaint herein shall personally be and appear before said Circuit Court of Bureau County on the first day of the next term thereof. be holden at the Court House in Princeton. sald County. on the Third Monday of September A. D. 1929 and plead. answer or demur to said Complainant's Bill of Complaint, the same and the matters and things therein charged and stated. will be taken con fessed. and decree entered against you. according to the prayer of said Bill. W. W. McManis Clerk. Hollerich & Hurley, Compl'ts. (33-35)


Article from Bureau County Tribune, August 23, 1929

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Article Text

LEGAL NOTICE Hollerich & Hurley, Attorneys Chancery Notice State of Illinois, Bureau County, Bureau County Circuit Court. September Term A. D. 1929. Isaac H. Scott and John L. Cassidy. Trustee. BILL IN CHANCERY Charles L. Connolly: Charles L. Connolly, Trustee under Trust Deed made and executed by William Mr. Donald, dated March 1st 1922. and recorded March 2nd. 1922, in office of the Recorder of Bureau County, Illinois in Book 193 of Trust Deeds on page 162 thereof: Elmer F. Flaherty, administrator of the 08tate of Ellen Flaherty. also known as Ellen Coakley Flaherty. deceased: Anna Doll: William A. Diedrick Roy G. Stull: Matilda Billard. Daniel J. Cotter: John T. Connolly: Dorothy C. Norberg: Perry D. Trimble, Trustee under trust deed made and executed by William J. McDona'd dated November 16th 1923. and recorded November 17th, 1923 in the office of the Recorder of Bureau County, Illinois in Book 193 of Trust Deeds on page 445 thereof: Cairo A. Trimble: Perry D. Trimble, Trustee under trust deed made and executed by William McDonald, dated No. vember 10th. 1924 and recorded No. vember 12th. 1924 in the office of the Recorder of Bureau County 111inois in Book 203 of Trust Deeds on page 79 thereof: John Glynn: Fred H. Haskell: Irene Clayton Appel: Bet National Bank National Banking Association: Otto Weisenberger: F J. Notan: James F. Walsh: First National Bank of Princeton, National Banking Association: State Bank of Cherry. an Illinois banking tion: Mary Shima: Ellen Smith, Exe cutrix of the last Will and Testament of William J. Smith, deceased M W. Ryan: M. S. Jacoby: William Burkart: John Coughlin: Nick Hannon: Spring Valley City Bank corporation: Elien Smith: Marie C Viner: LaSalle National Bank, a Na tional Banking Association: Charles L. Connolly, Administrator of the Estate of Fred Fouth. deceased: Catherine Skeffington: Millie Hensel: Citizens National Bank of Princeton, National Banking Association; Dominick Cresto: Arlington State Bank. an Illinois Banking corporation; Spring Valley City Bank. Receiver for Arlington State Bank: J. C. Simpson Lumber Co. a Daniel Devine: Bertha Stein: Joseph Sadnick Mary El ence Boyland: William J. McDonald Paul F. McDonald: Bernard McDon ald: Loretta Rooney, administratrix of the estate of William J. McDonald. deceased: the unknown owner or owners or holder or holders of the following described, promissory notes signed by William McDonald. to-wit, notes numbered 1, 2. and for the sum of Twenty-five Hundred Dollars ($2500. each: notes numbered and 6 for the sum of Two Thousand Dollars ($2000 00) each: note numbered seven for the sum of Fifteen Hundred Dollars 00) notes numbered eight and nine for the sum of One Thousand Dollars 1000.00) each. and notes numberod ten and eleven for the sum of Five Hundred Dollars ($500.00) each. all dated March 1st 1922. secured by a trust deed made and exe cuted by William McDonald to Charles L. Connolly. dated March 1st. 1922. and recorded March 2nd. 1922. in the office of the Recorder of Bu reau County, Illinois in Book 193 of Trust Deeds on page 162 thereof: the nnknown owne or owners or holder or holders of one certain promissory note signed by William J McDonald. for the um of Eighteen Thousand Five Hundred Dollars ($18,500.00) dated November 16th. 1923. secured by deed made and executed by W Ham J. McDonald. to Perry D. Trimble, Trustee. dated November 16 1923. and recorded November 1923. in the office of the Record of Boreau County, Illinois, 193 of Trust Deeds on page 445 hereof: the unknown owner or owners or holder or holders of the following described promissory note to-wit. one for the sum of Eleven Hundred Dollars ($1100.00) signed William J 15th. 1924 and one for the One Thousand Dollars signed by William 1. McDonald dated April 30th 1924. both judgment notes payable to order of John Giynn. and one for sum of Five Thousand Dollars $5000 00) signed by William MeDonald. Jame F. Walsh, Otto nberger and F. able to Fred H. Haskell: all secured by trust deed made and executed by William J. Donald to Perry D. Trimble, Truste dated Novemher 10th. 1924 and recorded November 12th. 1924 the office of the Recorder of Bureau County. 111inois In Book 203 Trust Deeds on page 79 Affidavit of the non-residence of the said defendant Dorothy C. Norberg and John Glynn having been filed in the office of the Clerk of said Circuit Court of Bureau County, Illinois and further affidavit having been filed setting forth that due and diligent search and inquiry has been made to learn the names, places of residence or Post Office addresses of certain persons whose names are unknown. who no or may claim some interest in lien upon the real estate described in the bill of complaint herein. some part or parts thereof. and each. any and all of them. who are made parties defendant to said suit are as follows The unknown owner or owners or holder or holders of the following described promissory notes signed by William McDonald. to-wit. notes number 1. and for the sum of Twenty five Hundred Dollars 5 and for the sum of Two Thousand Dollars ($2,000.00) each; note teen Hundred Dollars ($1500.00): notes numbered eight and nine for the sum of One Thousand Dollars ($1000.00) each. and notes numbered ten and eleven for the sum of Five Hundred Dollars ($500.00) each, all dated March 1st, 1922. cured by a trust deed made and exeented by William McDonald to Charles L. Connolly, dated March 1st, 1922. and recorded March 2nd. 1922. in the office of the Recorder of Bureau County Illinois In Book 193 of Trust Deeds on Page 162 thereof: the unknown owner or own ers or holder or holders of one certain promissory note signed by William J. McDonald. for the sum of Eighteen Thousand Five Hundred Dollars 500 dated Novemher 16th. 1923. secured by a trust deed made and executed by William I McDonald. to Perry D. Trimble Trustee. dated Nov. 16th. 1923. and recorded November 17th 1923. in th office of the Recorder of Bureau County, Illinois, in Book 193 Trust Deeds on page 145 threeof: the unknown owner or owners holder or holders of the following defor the sum of Eleven Hundred Dollars ($1100.00). signed by William J. McDonald. dated April 15th. 1924. and one for the of One Thousand Dollars ($1000.00) signed by William McDonald. dated April 30th, 1924. both being judgmon notes payable the order of John Glynn. and one for the sum of Five Thousand Dollars ($5000.00) signed by William J. McDonald. James F Walsh. Otto Weisenberger and F. J. Nelan. dated July 11st. 1924. payable to Fred H. Haskell: all secured by a Trust Deed made and executed by William McDonald to Perry D. Trimble. Trustee. dated November 10th. 1924. and recorded November 12th, 1924 in the office of the Recorder of Bureau County Illinois in Book 203 of Trust Deeds on page 79 thereof: Notice is hereby given to said nonresident defendants aforesaid, and certain persons whose names are unknown. who do or may claim some interest in or Hen upon the real es tate described in the bill of complaint herein that said complainant filed their Bill of Complaint in sale Court. on the Chancery side thereof on the 15th day of August A. D. 1929' and that thereupon summons issued out of said Court. against said defendants returnable on the Third Monday of September A. D. 1929 as is by law required Now unless you the said non-resi- tain persons whose names are nnknown. who do or may claim sopie interest in or lien upon the real 08 tate described in the bill of complaint herein shall personally be and appear before said Circuit Court of Bureau County. on the first day of the next term thereof. to be holden at the Court House in Princeton, in said County, on the Third Monday of September A. D. 1929 and plead. an swer or demur to said Complainant's Bill of Complaint. the same and the matters and things therein charged and stated. will be taken 13 con fossed, and decree entered against you. according to the prayer of said Solicitors. (33-35)


Article from Bureau County Tribune, September 6, 1929

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Article Text

Trustee under trust deed made and executed by William McDonald dated 16th 1923. and corded November 17th, 1923 in the office of the Recorder of Bureau County, Illinois in Book of Trust Deeds page 446 thereof: Cairo Trimble: Perry D. Trimble, Trustee under trust made and executed by William MeDonald. dated No vember 10th. 1924 and recorded vember 12th. 1924 in the office of the Recorder of Bureau County, IIIinois in Book 203 of Trust Deeds on page 79 thereof: John Glynn: Fred H. Haskell: Irene Clayton Appel; Bet Marie Clayton. minor: Mendota National Bank National Banking Association: Otto Weisenberger: Nelan: James F. Walsh: First National Bank of Princeton, National Banking Association: State Bank of Cherry, an Illinois banking corporation; Mary Shima: Ellen Smith, Executrix the last Will and Testament William Smith, M. W. Ryan: M S. William Burkart: John Coughlin: Nick Han non; Spring Valley City Bank. corporation: Ellen Smith: Marie Viner: LaSalle National Bank. National Banking Association: Charles Connolly. Administrator of the Estate Fred Fouth. deceased: Catherine Skeffington; Millie Hensel: Citizens National Bank Princeton. National Banking sociation: Dominick Cresto: Arlington State Bank, an Illinois Banking corporation: Spring Valley City Bank, Receiver for Arlington State Bank: C. Simpson Lumber Co., Daniel Devine: Bertha Stein: Joseph Sadnick: Mary ElIen Flaherty: Loretta Rooney; Florence Boyland; William McDonald Paul McDonald; Bernard McDon ald; Loretta Rooney. of the estate of William ald, deceased; the unknown owner owners or holder or holders of the following described promissory notes signed by William McDonald, notes numbered 1, 2. and