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.
4112. Bank of Bishop Hill (Bishop Hill, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- June 1, 1933*
- Location
- Bishop Hill, Illinois (41.202, -90.119)
Metadata
- Model
- gpt-5-mini
- Short Digest
cb2a6722
Response Measures
None
Description
Articles (1933) refer to a receiver (Adams) for the Bank of Bishop Hill, including receiver's lawsuit and quarterly report. No article mentions a depositor run. Receiver indicates the bank is in receivership/closed; exact suspension date not stated in the clips, so I record a suspension (unknown cause) and subsequent receivership/closure.
Events (4)
1.
June 1, 1933*
Suspension
- Cause Details
- No reason for suspension stated in provided excerpts; bank placed in receivership (implied closure).
- Source
- newspapers
2.
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. The listed assumpsit, only the praecipe being filed.
- 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. The suit receiver against Deem, Clara Deem, Charles Deem and others ... Adams that Deem while director of the Bank of Bishop loan to himself ... transferred ... in order that the action judgment ... would be defeated.
- 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 court for the period from July Oct. He showed total receipts and total $659.89.
- Source
- newspapers
Newspaper Articles (3)
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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.
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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