Dime Savings Bank - Carthage, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 5, 1934
Location: Carthage, Illinois (40.414, -91.128)

Metadata

Model: gpt-5-mini
Short Digest: b9e05531

Response Measures

None

Description

Article (Sept 5, 1934) reports the Farm Bureau purchased the Dime Savings Bank building and states 'the bank receiver ... will remain there', implying the bank had been placed in receivership and is closed. No run or reopening is mentioned. Exact suspension date not given; reporting date used.

Events (3)

1. September 5, 1934 Receivership

Newspaper Excerpt: The bank receiver... will remain there
Source: newspapers

2. September 5, 1934 Suspension

Cause: Government Action
Cause Details: Bank had a receiver assigned (placed in receivership) leading to closure; article does not mention depositor run or specific insolvency details
Newspaper Excerpt: The Haneock County Farm bureau Monday announced the purchase of the Dime Savings bank building in Carthage ... The bank receiver and the emergency relief office, at present quartered in the building will remain there
Source: newspapers

3. * Other

Newspaper Excerpt: The bank receiver and the emergency relief office ... will remain there (indicates receivership/closure rather than reopening or continued operation).
Source: newspapers

Newspaper Articles (1)

1. September 5, 1934 The Hancock County Quill La Harpe, IL

Article from The Hancock County Quill, September 5, 1934

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Article Text

Want to buy clean cotton rags, no knit underwear, for office use. F J. Buckley enjoyed a short visit from his daughter Jessie, of Tulsa, Oklahoma. on Friday, August 31. Here's real news-Lower prices on tires at 1000 Gamble Stores-and remember they're guaranteed against road hazards. 40x21 Long Drive 20-30x31. $3 45 Richard Field eldest son of Attorney E P. Field of Monmouth, committed suicide at Oquawka beach about 1:30 o'clock Wednesday after noon by stabbing himself with a butcher knife A nervous break. down attributed to overwork while at college was the cause of the young man taking his life, it was re ported by friends Jeff Mooney weaves dandy rag rugs If interested, inquire at this office Holland Melvin left Tuesday for Mesa, Arizona where he will teach again in the high school Bernard Armstrong, of the CCC camp at Galena, was home for a Saturday and Sunday visit $5 00 reward for return of black suit case containing ladies wearing apparel. Believed lost between La Harpe and Lomax Friday, August 31st. Notify this office and owner will call. Due to the severe drouth the Farm Credit Administration has started its 10 months lending program in Hancock county. These loans will be made to farmers who cannot secure credit elsewhere for wintering their breeding stock. The loans will bear 51 per cent interest and will not be due until November 1, 1935 This plan is arranged SO that a farmer can produce another erop before being required to pay the loan Mr. and Mrs. Ivan Skinner and son and Mrs. Clara Claybaker and daughter Grace, of Shenandoah, Ia were Thursday and Friday visitors with the Manifold families of this vicinity They are danghters of John Manifold. How Cultivated" Are Your Neighbors? Take a Look Around Their Living Rooms-And Prof Chapin, of the University of Mionesota, Explains Just How to Rate Them by their chairs. rugs books, Pictures. and kind of music they like. In the Sunday Chicago Herald and Examiner. Lost or Strayed-A liver and white pointer dog. $5.00 Reward. Carl Posten. Misses Lois and Helen Manifold will both teach in the Elvaston schools this year. Lois teaches his tory and English in the high school and Helen has the seventh and eighth grades and is in charge of high school and grade music The Haneock County Farm bureau Monday announced the purchase of the Dime Savings bank building in Carthage to be used as headquarters for the bureau and affiliated organization. The bank receiver and the emergency relief office, at present quartered in the building will remain there, but shifts to be made will give the Farm bureau immediate occupancy of the greater part of the one structure.