gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
b6c775a7572db764
Response Measures
None
Description
Receiver appointed and depositors paid in full; bank remained in receivership rather than continuing normal operations.
Events (1)
1.June 22, 1907Receivership
Newspaper Excerpt
Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga ... Every depositor in the bank has been paid in full.
Source
newspapers
Newspaper Articles (3)
1.June 22, 1907The Lake County TimesHammond, IN
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Article Text
Fair Receiver a Success. Ladoga, Ind., June 22.-Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga and the Hoosier Veneer company, is making a creditable record as manager of the trust and bids fair to bring both institutions safely out of trouble. Every depositor in the bank has been paid in full.
2.July 4, 1907The Plymouth TribunePlymouth, IN
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Article Text
WOMAN RECEIVER IS SUCCESS. Mrs Knox Brings Ladoga Bank Company Out of Trouble. Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga and the Hoosier Veneer Company, is making a creditable record as manager of the trust and bids fair to bring both institutions safely out of trouble. Every depositor in the bank has been paid in full out of the earnings of the veneer works and the assets of the bank, and the former is now on its feet again and is being carried on in the interest of stockholders.
3.July 5, 1907The Jasper Weekly CourierJasper, IN
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Article Text
Woman. Receiver is Success. Ladoga.-Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga and the Hoosier Veneer company, is making a creditable record as manager of the trust and bids fair to bring both institutions safely out of trouble Every depositor in the bank has been paid in full out of the earnings of the veneer works and the assets of the bank, and the former in now on its feet again and is being carried on in the interest of stockhold TS.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.