4154. Claudon State Bank (Fairbury, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 6, 1927
Location
Fairbury, Illinois (40.747, -88.515)

Metadata

Model
gpt-5-mini
Short Digest
7f4167127c29ce5c

Response Measures

None

Description

The Claudon State Bank was closed by the Illinois state auditor in May 1927 and placed in receivership (Illinois State Savings Bank of Pontiac). Newspaper coverage documents the suspension/closing, appointment of a receiver (June 1927), subsequent litigation, criminal indictments of officers, and eventual dividend distribution to creditors in 1928. There is no article describing a depositor run prior to the suspension; the closure was initiated by the state auditor (government action). Dates reconstructed from article text and publication dates (closure referenced as in May 1927; receiver named in mid-June 1927).

Events (4)
1. May 6, 1927 Suspension
Cause
Government Action
Cause Details
Closed by the Illinois state auditor in May 1927; state examiner took charge and the bank's doors were closed by the state auditor.
Newspaper Excerpt
the state auditor's action against the bank ... the taking over of the bank by the Illinois State Savings bank as receiver
Source
newspapers
2. June 18, 1927 Receivership
Newspaper Excerpt
RECEIVER NAMED ON CLAUDON BANK ... Assets to Be Liquidated by Illinois State Savings Bank of Pontiac. ... This action of naming the bank receiver came after ... the bank's affairs ... the receivership ... will report to depositors in time. (The Pantagraph, 1927-06-18).
Source
newspapers
3. October 14, 1927 Other
Newspaper Excerpt
Nelson Claudon, well known ... was arrested ... indictment ... grand jury ... returned drew and jointly ... charges ... receiving deposits after the bank was closed ... (Fairbury Blade, 1927-10-14).
Source
newspapers
4. June 22, 1928 Other
Newspaper Excerpt
CLAUDON BANK CREDITORS get TWENTY PER CENT ... A dividend of twenty per cent to each of the creditors of the defunct Claudon State Bank ... was ordered by Judge S. R. Baker ... receiver has on hand ... received by said receiver from the assets of the Claudon state bank (Ford County Press, 1928-06-22).
Source
newspapers

Newspaper Articles (16)
1. June 18, 1927 The Pantagraph Bloomington, IL
Article from The Pantagraph, June 18, 1927

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Article Text

RECEIVER NAMED ON CLAUDON BANK Assets to Be Liquidated by Illinois State Savings Bank of Pontiac. NO FURTHER REPORT Fairbury, June Affairs the Claudon State which has closed the turned Savings bank Pon. as receiver of the state office made further ment on condition the bank's and this will known the Pontiac officials over the the bank tors know just how much will be paid dollar. This action of naming the bank receiver came after and the found. anxious decision Efforts gather enough to reopen the bank avail and the receivership cided expected will affairs report to depositors time.

2. July 8, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, July 8, 1927

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CHURCHES Christian Science. Church at 10:30. Subject, Sacrament. Golden Text: Matthew 16:24. Then said Jesus unto his disciples, If any man will come after me, let him deny himself, and take up his cross, and follow me. Reading room in church edifice open from 1 to 4:30 p. m. each Wednesday and Saturday. The public is invited to call and read or borrow authorized Christian Science literature. Methodist. 9:30-School for religious instruction. 10:45 - Sermon, "The Unhidden Christ." 6:30-Epworth League devotional. 7:30-Union meeting at the Baptist church. Wednesday, 7:30, midweek prayer and praise service. Presbyterian. A. M. "The Limitations of Life and the Unlimited Life." P. M.-Union service at the Baptist church. The Sabbath school meets at 9:45. The Midweek service on Wednesday evening at 7:30. Subject, "Having Good Time in Our Hearts." Matt. 6:5-15; Mark 11:25. Lutheran. German services at 2:15. English services at 3. You arec ordially invited to worship with us. Baptist. 9:45-Bible school. Classes for all. 11 Morning worship. Sermon, "Broken Connections." 6:00-Preparatory prayer meeting. 6:30-B. Y. P. U. Jr. B. Y. P. U. Sr. leader, Miss Rose Williams. 7:30-Union service at this church. Wednesday, 2:30, cottage prayer meeting; 7:30, church prayer meeting. Free Methodist. 9:30-Sabbath school. 10:30-Class meeting. 6:15-Y. P. M. S. 7:30-Sermon. Midweek prayer service Wednesday evening at 7:30. John R. Wallace Dies Suddenly. John R. Wallace, one of the well known and pianeer residents of this vicinity, died at his home here shortly before noon on July 4. Mr. Wallace had been suffering from heart trouble for some time. Monday morning he walked down town for his mail and upon returning home was driven out to his farm by his son. Returning home he took some medicine and said that he would lie down for little while before dinner. Mrs. Wallace vent to his room several times while he was asleep and apparently he was sleeping peacefully. The third time she went to his room she found him dead. The funeral services were held Wednesday afternoon at 2:30 at the family home. Typewriter ribbons at The Blade. JUDGMENTS. S. J. Diets has secured a judgment by confession in the county court against Ernest Kemnetz in the sum of $411.68. Carl J. Herzog, of Fairbury, this afternoon secured a judgment by confession against Roy Fry et al in the circuit court in the sum of $3,455.58. Immediate executions were awardPontiac Leader, Wednesday. The Erickson-Long Motor Car company of Pontiac has secured a judgment by confession in the circuit court against Charles Sturman in the sum of $140.72. An immediate execution was awarded. The Illinois State Savings bank of Pontiac, as receiver for the Claudon state bank, this city, yesterday morning obtained a judgment by confessio in the circuit court against Roy Fry in the sum of $2,382.67. An immediate execution was awarded. C. W1 Manley has obtained judgment in the county court of Livingston county against Knute Lawrence et al., in the amount of $966.81. An immediate execution was awarded. AROUND HOME ITEMS. A crash into a fence brought almost instant death to Robert Tippey, 28 years old, veteran Peoria race driver, who piloted a car in the Independence day sweepstakes at Decatur. Tippey was killed as he swung into the stretch of a 20-mile race at Decatur Monday afternoon. Hie wife was watching the race, standing but short distance from the spot where her husband crashed. Eugene Huff, 22, of Newton, Kan., but a former Peorian, died in the hospital at Watseka Monday after the car which he was driving crashed into Big Four passenger train at grade crossing at Sheldon. According to information Huff was in the car alone at the time of the accident and the car ran onto the crossing due to some imperfection in the mechanism. One-armed Morris Moore, 15, of Freeport, is threatened with the loss of his remaining hand as a result of a Fourth of July fireworks in which he tore off the thumb and lacerated the palm of the hand. Harry Lloyd Sheaf and Paul Beckley, of Evansville, Ind., arrested Monday at Indianapolis, Ind., were taken to Charleston Tuesday to face charges of operating a confidence game. The pair were arrested after they had disappeared from Charleston on Monday with gate receipts of several thousand dollars, taken in when they perpetrated an Independence day celebration hoax there. A crowd estimated at 7,000 persons gatherd at the fair grounds, paid its admission and while it waited in vain for the program to start, Sheaf and Beckley disappeared with the gate money. Miss Myrtle Kathryn Klover, the youngest daughter of Mr. and Mrs. T. Klover, of Marion, Ind., but formerly of Chatsworth, and Gerald Holtz, of Shelbyville, Ind., were married Tuesday at 12:30 at the Methodist church in Chatsworth. Rev. H. F. Schreiner of Peoria performed the ceremony.

3. August 5, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, August 5, 1927

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Published by Blade Publishing Co. EVANS HARRIS Entered matter every Member Fairbury Association of Commerce SHOCKING THE SOIL Donald Woodward, at Leroy, N. experimenting with plow that riches the earth by plowing into high electrical voltage as the plow moves through the field. Hamilton Roe, of Pittsburgh, who invented the plow, says the volts electricity that it carries destroys the weeds and harmful bacteria, while renewing the fertility of depleted farm land and producing in record time. The tractor that pulls the plow electricity sent through the steel blades into the Many farmer will interested in the that the of this buckwheat field freed the and weeds, the buckwheat germinated in eighty hours and plants grew twice as high as those one the field that was plowed without electricity, and fertilized with "200 pounds of to the acre." When time and money are applied to agriculture they are now plied to industry some of the farmers' troubles vanish. THINKING Professor James Kennell, dean of New York university, says scientists take much for granted that strange substance, water, which understand little as understood oxygen 150 years He tells you: the active constituent of air were hydrogen. instead oxygen, fires would be extinguished by sprinkling gasoline on them instead of water and fireproof buildings would be built of solid paraffin." drop of water mysterious thing. Magnify its diameter from an eighth of an inch miles in diameter, and molecules of water would become visible, each made up of two atoms of hydrogen and atom of oxygen, each atom little solar system in self, forever indestructible, and existing from all time, as far as we know. Because of vast distances inside of that drop, would need telescope. With you could see inside of the atom around nucleus at the center of each atom trillions times in second. Water mysterious, and so is everything matter, force and The things we do not know are more numerous than those do know. not certain that we actually know anything. We are here and don't know we got leave and don't know where we are going. We and use the electricity, but don't know what electricity is, while we create artificially falling water or burning coal. We use mind or and don't know what that We immortalhope for but are not sure about it. We talk of solid matter and know that it made up of infinitesimal aggregations "electric particles. Nevertheless, we get along fairly well. A little knowledge is enough. DEATH OF RICH NEGRO. Press dispatches give lengthy notices the death of Alonzo F. Hernmillionaire negro of Atlanta, who died recently the age of Herndon was president of the Atlanta Life Insurance company, which maintains offices in eight states and more than 700 employes. He was also president of large cemetery sociation for negroes, owned chain of Atlanta barber shops in which negro barbers served white customers only, and also owned much valureal estate in the heart of the city. When the Atlanta city council passed gro barbers from white patrons few months ago, many prominent white citizens supported Herndon contest which resulted his being permitted to continue his shops. Herndon's career demonstrates that negro who has and ability make success in life, even in the south. Wilson King, of Carlisle, Ky., has female shepherd dog which is nursing a 3-weeks-old lamb. PUBLICATION NOTICE. Auditor's The Auditor notice IIIIBank, County, Receiver Claudon State Fairbury, Livingston County, that Bank bond qualified and acting said persons claims against said bank legal proof thereof. indebted said bank are make payment Dated 17th day June, OSCAR Auditor Accounts, State Illinois. c-9-30

4. September 2, 1927 The Times Streator, IL
Article from The Times, September 2, 1927

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Livingston County Trust Deed. Royal A Allen and Wife to F. Ortman, Tr., $1 percent lot and 02 ft lot 2 In blk. 39 in Pontiac. Court Proceedings. Julia Harrington vs. Alonson Bull, et al, quiet title 830 ac. of nw1 19 and pt. swi sec. 19-26-6. E. T. Litchfield, Tr., et al VS. A.I. bert Monk. al., forclosure nw1 Judgment Secured. The Illinois State Savings bank, as receiver for the Claudon State bank of Fairbury has secured judgment in the circuit court against George H. Teesdale. et al., in the amount of An fmmediate execution was awarded. Held to Grand Jury. Ernest Flesher, of Forrest was arraigned before Justice of the Peace John Deyo yesterday mornIng answer to statutory charge. The justice found that there was not sufficient evidence presented to hold the man and he was released He was immediately rearrested, this time charged with contribut ing to the delinquincy of a minor, He was arraigned before Justico Deyo on this charge and held to await the action of the grand jury under bonds in the sum of $3,000. was unable to furnish the required bond and was remanded to jail.

5. September 16, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, September 16, 1927

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NOTICE TO DEPOSITORS OF THE CLAUDON STATE BANK. Officers of the Illinois State Savings Bank, receiver for the Claudon State Bank, will be in Fairbury Wednesday afternoon, September 28, 1927, from to 5 o'clock, at the offices of the Claudon State Bank. Depositors are urged to call, received their cancelled checks and file their claims. Those who are indebted to the Claudon State Bank are also urged to call and pay their indebtedness.

6. September 24, 1927 The Pantagraph Bloomington, IL
Article from The Pantagraph, September 24, 1927

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$2,000 Damages Asked in Accident at Pontiac Pontiac, Sept. liam Miller sued by Harry Carter for injuries when struck car driven Miller street asking $2,000 The suit filed the cirby Baker. by was the court Illinois for the Claudon State bank of Fairbury, against William Waters, another against William Waters. Another judgment by confession by the Commercial National bank against John of $311.35 Immediate executions Claudon, based notes has been filed by the Illinois State Savings bank. receiver of the Claudon state bank.

7. September 30, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, September 30, 1927

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IN TRAINING FOR GROUND DIRECTOR. Donald Joda enrolled American College of Physical cation, Chicago, training playdirector, work which admirably suited, having great liking for athletics and always clean game. BUYS Jesse purchased the farm from heirs, paying $175 acre. south Fairbury consists 115 acres of land and excellent barn having built short time looks like good buy. very OFFICERS. At the Presbyterian Sunday school the following officers were elected for the ensuing Voris. Asst. Roth. Supt. Hirstein. Decker. Garber. Sec. Patterson. Supt. of Primary Elizabeth Smith: assistant, Miss Blanche Dawson. Supt of Cradle Voris. Supt. of Home Herbert Greene. CLAUDON BANK SUIT. The Illinois State bank, Pontiac, receiver for the Claudon State of this filed the against of Nine notes are listed the bill amounts which remain unpaid, the total the notes to$9,The has out the failure the State bank. The notes by various Claudon when transferred to the bank. CLAUDON BANK NEWS. attachment suits against estate property of Claudon bondsman the city treasurer. property the township, bank the B. Claudon and lots the northeast part the city. Previous had been filed against all this property except the two lots. CHICKEN SUPPER Tuesday evening, the town hall Weston, the church will give annual chicken supper. Serving start Adults 50c; children under 10, 35c. MENU Fried Gravy Cranberries Pickles Coffee Blade want ads get results.

8. October 7, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, October 7, 1927

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Several Are Continued Leave Amend Original Claudon Bank Case. The October term of the Livingston circuit court opened PonTuesday morning and more ordinary interest because the that the cases connected with the failure of the Claudon State bank supposed to come this time. Several of the cases have been grantand one instance asked and granted right to amend their original bill. Among the continued was City of Fairbury Oscar funds deposit the Claudon bank when failed. time of defendants to plead extended Illinois State Savings bank, ceiver assumpsit. Time plead extended October People State Illinois of Herbert Powell guardian, Claudon and debt. Time to plead extendto October State Savings bank for the Claudon bank, Bessie Mosiman enforce bilities directors State Motion by Claudon, Bessie Mosiman M. Spence for tension time answer. Time tended October morning attorneys for Oscar Nelson, auditor public counts state seeking have bank dissolved, asked amend their original adding Robert Henning, defendant, which ministrator, Mr. Henning filed allowed. case. All entry appearance adult defendants the case not Wednesday morning were deswering defaulted. The court appointed guardian ad litem Thompson Dan Claudon, infant defendant. the of the court TuesAt opening forenoon Judge Baker namJames Lord circuit court bailiff. Lord replaces Eldon Shabeen court bailiff for fer, several past and who recently years resigned. Tuesday forenoon the time During Judge Baker taken examining There five applicants. Four the petition approved Agnes Ruggeri, of Odell, contirrued the next term court. their naturalization Those were: Baer, Fairbury, papers She Novem1890, Baden, Gerber 19, the United States many, Fanchi John Domenik, May Ocoya, born March at Teglio, United States Italy, came 1906. He also asked and February change that John Fanchi. EngePontiac, workborg Arnosen, She 25, came to the Stavenger, Norway, March, CarUnited States in Pontiac, truck farmer. melo Rodino, 20, 1888, Grecia, He to the United Superi, Italy, came States June 12, 1907. Local Man Jury Foreman. Circuit Clerk Tuesday afternoon Whitson called the members of the after they had been grand jury clerk, Judge Baker namthis city, the The judge then foreman their duties. instructed the jurors on with the state's Later they adjourned closed session. Daniels, Sunbury, member Roe excused before they of the jury, Judge Baker. in Lannon, member jury, failed respond Baker Bailiff call. Judge have Mr. Lannon James Lord 10 o'clock the following court show why he had not morning the vacancy Daniels and Dolde and Kemp, Pontiac, sworn members of the jury.

9. October 14, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, October 14, 1927

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Claudon Case in Court Nelson Claudon, well known dent of the Claudon State bank, now the hands receiver, Fairbury about 3:30 Thursday by Sheriff The arrest of Mr. Claudon the result investigation of affairs of Claudon State which had under for the several days by the October past jury, which completed its grand and earlier the day. Two Charges. This grand among other returned drew and jointly. The first them deposits in the Claudreceiving State after other with conspiracy. Claudon president of Claudon State bank and Nelson Claudon was time closed by the state audiwas May. When indictments were returnThursday afternoon they were capiases were issued out pressed the circuit court for their immedarrest returned to Sheriff Scarratt with to have the two court Friday morning o'clock. court set bonds each of Spent Night in The sheriff capias upon Nelson about Thursday afternoon. An attempt made secure his bond before Fairbury with the sheriff, but successful Sheriff not Scarratt arrived Pontiac about o'clock. Mr. Claudon spent the night the county jail and Sheriff Scarbefore Judge Baker when court opened o'clock. Appears Court. With Marie Claudon, Spence, Bessie MosiFairbury, Chicago, and With ClaudFairbury. attorneys, Gillespie William Bach, Hester, Colfax, and Gibbons, Mr. Claudon was called before the and case called the court. Attoney Gillespie, Bloomington, acted spokesman for the battery legal talent. Judge Baker informthe defendant of the amount bond asked him he was ready bond. Mr. Gillespie stated that give ready and presented Claudon. E. Faragher, Forrest; Neuhauser, Gridley, and Mosiman, Chicago. Bondsmen Each of the was placed upon witness stand turn their financial standing. stated that bachelor and that owned farm land northeast Forrest, Forrest and Charlotte townships, val$150 that He stated also owned 160 acres lang in Wright Iowa, which clear and that he further owned dence property in Forrest, which Claudon when placed upon the witness stand, merely testified her Mr. Claudon her dower interest in his erty. Gridley Resident. that he resided had third interest in acres farm land about three four miles northLexington, McLean county, valued $200 encumbered the amount $100 He also stated that owned dence Gridley valued at cumbered the amount $3,000; other personal property in Mosiman testified that she the present time residing the sister of the cago; defendant, Nelson Claudon, and that owned acres Spring Lake Tazewell Illinois, and that unencounty, cumbered. Sureties Approved. State's Neil Kerr stated he had no objections enter the sureties the court entered order approving the sureties, and each of them, the Eludes Service. Judge Baker then that why the against Andrew should suppressed longer, every effort had been made locate him. reported to have been absent from Fairbury ever since shortly after the bank closed by the state auditor Some reports have that been back there two occaswarrant for his arrest issued and placed the hands of Sheriff made every effort locate him without success. Judge Baker recited this latter fact ordered the dictments against the two men made Attend Regional Meeting Peoria. of the FederaWoman's Clubs, which includthe 16th 17th congressional held club building in Tuesday. was the of the officers and leaders. State Mrs. Dr. Sadler, Chicago, Mrs. Hanna other leaders present. Each county the two districts repreRobert Henning resented on the subject, Other officers from the Fairbury Mrs. Anderson, Emma DuBois, Welch, Leonard, Mrs. Agard, Mrs. C. dum. District Meeting of Federated Clubs. Normal club hostess the Federated Woman's clubs district their fall held at Normal meeting Thursday, October 20. This promises very worthwhile meeting and every the Fairbury club should to attend. District Joe Major, of Eureka, will side. Arrangements for transportation charge of Mrs. Stuckey committee. Woman's Club Dept. Meetings. Literature visit the Morton Mrs. Lizzie pottery Herzog and Irma Waggoner have charge the arrangements. The Business and Professional have 6:30 supper the library Tuesday. Sunday o'clock home of Mr. and Mrs. Jay dick, the Miss Avoca, Moore and their Ernest Foedick, by the Duck. The ceremony performed fore an altar flowers erected the midst pretty representing The bride wore white with veil. The canton crepe flower Bradley, white frock carried bride's bouquet roses. march played by Miss Fern ding was Bradley. Following the ceremony wedding dinner served to fifty of the closfriends. Fosdick the only daughter Edward Moore, of Rensselaer, Ind., when small girl resided and very with parents. and Mrs. Fosdick departed Monday for Rensselaer, where they live, Fosdick being ployed creamery there. Guests from Mr. and away Mrs. James Moore, Mr. Oscar Lehman, Mrs. William Devore family, of Colfax. Browning Club. "Nights and Days the Gypsy Trail, study topic for Monday with Mrs. mer Baily, made istic when the hostess for occasion. told the Haag, of the wore the bright ation hued that tribe. Jones talked of Lure of Music" and Mrs. HarGypsy Gypsy Trail." sang The hostess served luncheon after the program. For California Relatives. Saathoff daughter, Mrs. Gertrude Lynn, of Calif., have been guests Mrs. Saatthe week. entertained at dinner for them following guests: and Mrs. Jacob Martens, Anchor. and John Hadaway, Colfax; and Mrs. John Harms, Forrest; Mrs. Ben Schlicher, of north of Mr. Saathoff went to California few ago four years near paying $10,the worth still holdseveral good ones. He years Birthday. Rutherford Downes very pleasantly surprised at home sister, Mrs. Edward Metz, last Satby about fifty of urday evening friends, helped him celebrate birthday, which occurred October enjoyable evenspent with music games, followed by weiner roast Wednesday afternoon the Pontiac, the Rev. parsonage Thompson united marriage, Margaret Williams, of this city, and Leslie Krohn. The witnesses by ceremony their Mrs. Oscar Williams mothers, Mrs. Paul Krohn. employ of the Mr. Krohn Railroad at Forrest. company Inter Mrs. Goslin hostess Nos its Monday study meeting. The was given: 'Farming the England Mrs. Songs That Mrs. Bradshaw. old time songs group sung in closing. Queen Esther. Miss Ella Yoder with Miss Lillie Slocombe Mrs. John Wagenseller assisting, entertained Senior Queen Esther society Monday ing its study social meeting first of the fall meetings. Dinner Indictment Mr. and Mrs. Meharry, returned Elm street, entertained dinner

10. October 21, 1927 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, October 21, 1927

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Published by The Blade Publishing Co. PATTERSON, Editor CORA EVANS L. HARRIS FRANK PHELPS Entered as second class matter the postFairbury, Illinois, every Friday under the of March 8, 1879. N. J. CLAUDON GIVES NEW BOND FOR HIS APPEARANCE (Continued from Page 1) plainants' bill, whether the allegations are true, and he has no information or belief concerning and prays strict proof of each and every allegation. Paragraphs 1, 2, 3, 6, 9, and 10 refer to the organization of the Claudon State bank under the Illinois law, its capital stock and surplus, its purpose of doing a general banking business, of State Auditor Oscar Nelson taking charge of the bank on June 16, 1927, of the state auditor's action against the bank in the circuit court and the taking over of the bank by the Illinois State Savings bank as receiver. Mr. Henning also says in his demurrer that the estate of A. B. Claudon, Jr., is insolvent and if any sum or sums shall be found to be due the complainant on final decree, it can only have the statue of a sixth class claim against the estate and be payable pro rata in due course of administration. All the other defendants in the above case not answering in court on Monday were declared defaulted. Date for Filing Claims. Creditors of the Claudon State bank of Fairbury will have until the first day of the May term, 1928, in which to present claims against the bank. Judge S. R. Baker Tuesday morning entered such an order in the case of Oscar Nelson, auditor of public accounts of the state of Illinois, vs. the Claudon State bank, bill to confirm the appointment of a receiver and dis- MARKETS. (Corrected Thursday, Oct. 20, 1927.) Corn, yellow, No. 8 Corn, white, No. 3 .72 Oats, new, No. 3 .41 Wheat, No. 2 1.11 Eggs, fresh solve a state bank, filed some time ago in the circuit court. The order was entered at the suggestion of Attorney C. A. Burns, who is representing the receiver in this case. Referred to Master. In the case of the Illinois State Savings bank, a banking corporation, as receiver for the Claudon State bank, vs. John Fendrick et al., foreclosure, all defendants were declared defaulted Tuesday morning. The matter was then referred to the master for evidence and conclusion. In the case of the Illinois State Savings bank, receiver for the Claudon State bank, VS. Rex L. Williams, et al., foreclosure, all the defendants were declared defaulted. Suit for Damages. L. F. Pratt has filed a suit in the circuit court against A. B. Claudon, whose whereabouts have been unknown since the closing of the Claudon State bank here last spring by the state auditor. Mr. Pratt is asking damages in the amount of $3,000. Papers filed in the action last Friday indicate that on June 26, 1922, Mr. Pratt deposited in the bank of A. B. Claudon, of Fairbury, as the bank was known before it became the Claudon State bank, the sum of $1,800 being interest at the rate of 4 per cent per annum. The money was still on deposit in the bank when it was closed by the state auditor. Appears for A. B. Claudon. In the case of L. F. Pratt VS. A. B. Claudon, Sr., for damages, the written entry of appearance of the defendant, A. B. Claudon, Sr., was made by A. M. Hester, his attorney. A rule was entered calling upon the defendant to plead in ten days. HAPPENINGS IN LOCAL CLUB AND SOCIAL CIRCLES (Continued from Page 1) Wednesday. There were nineteen members and six guests present. Miss Fetzer's cousin, Miss Scopp, Springfield, was the only out-of-town guest. For roll call each member named something she did that was a practice of economy. Progressive euchre, played after the program, was won by Gladys Wessels. Miss Scopp made the low score. Birthday Dinner. Mrs. Harold Ringler entertained the following guests at dinner Sunday for her husband in celebration of his birthday: Mr. and Mrs. Gus Ringler, Miss Myrtle and Frank Ringler, Mr. and Mrs. Joe Kuntz, Jr., and daughter, of Cropsey; Mr. and Mrs. John Sheppelman and daughters, of Gibson City; Mr. and Mrs. William Benway and son, Mr. and Mrs. Frank Kuntz, Mr. and Mrs. Joe Kuntz, Sr., Mr. and Mrs. E. N. Gullberg and daughters, of Strawn; and Mr. and Mrs. John Eddy. Art Club. The Art of Paper Making will be explained by Miss Eleanor Cumpston and Mrs. Floy Cumpston at the meeting tomorrow afternoon with Miss Cumpston. Auxiliary Tea. There were twenty-four tables of bridge, 500 and euchre at the American Legion tea last Thursday evening. Mrs. Frank Herr, of Chatsworth, Mrs. 0. A. Shanks and Mrs. C. W. Veatch won prizes in bridge; Mrs. H. J. Ramsey and Mrs. Vivian Metz in 500; Miss McGreal was first in euchre. The next tea will be in charge of Mrs. R. N. Kelso. Hopewell Class Party. Mrs. E. Hauser, 508 S. Fifth street, with Mrs. C. B. Moore, Mrs. Robert Mack, Mrs. John Pittman and Mrs. Roy Goold assisting, entertained the Hopewell class of the M. E. Sunday school at a social afternoon and luncheon Wednesday. When the roll was called each member answered by naming a favorite song Attend W. R. C. Convention. The Woman's Relief Corps of the 17th district convened in Bloomington Wednesday. The Fairbury corps was represented by Mrs. W. J. Stuckey, who was also elected district vice president; Mrs. Benjamin Eppstein, district guard; Mrs. Ruth Carter and Mrs. I. S. Carter. C. L. S. C. The C. L. S. C. met with Miss Olive McKee Monday afternoon. Miss Armstrong and Mrs. Perlee had as their subject "Occupational Progress of American Women.' Mrs. Churchill, Mrs. Jennie McDowell, Mrs. J. W. McDowell, Mrs. Bartlett and Mrs. Henderson gave interesting sketches. Eastern Star Meeting. Stated meeting of Fairbury chapter, No. 198, O. E. S., Tuesday evening, October 25, Masonic Temple, beginning promptly at 7:30. There will be initiation and a social hour.-Ruth Bell, Secretary. Philomethians Take Trip. Fifteen members of the Philomethian club took their dinners with them and went over to Sheldon, Monday, and spent the day with their out-oftown member, Mrs. L. E. Dirks. Bridge Club Dinner. Mrs. C. A. Purdum entertained Fortnightly Tuesday evening at dinner, with bridge following. Announcements. The W. F. M. society of the M. E. church will meet with Mrs. G. H. Bennett, 410 S. Third street, Thursday, October 27, with Mrs. Lucy Foreman, Mrs. A. A. Meeker and Mrs. W. R. Bane assisting hostesses. Roll call, "Why I am a member of the W. F. M. society. Lesson, first chapter in textbook, Mrs. S. Carter. Devotions, Mrs. J. P. Mitten. Mystery box, Mrs. C. B. Moore. The Presbyterian Missionary society will hold an open meeting at the church Monday evening. An invitation has been extended to the societies of Forrest, Piper City, Chenoa and the local churches of all denominations. The Baptist Mission Circle will meet with Mrs. Wilson Morris Thursday afternoon. Inter Nos club will meet with Mrs. C. W. Griggs, Monday.

11. February 3, 1928 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, February 3, 1928

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CLAUDON NOT GUILTY RECEIVING DEPOSITS AFTER BANK'S INSOLVENCY Verdict Was Returned by Jury This Morning After Being Out All Before Verdict Was Reached. Pontiac, February (Special to retired at and remained out all in verdict of not at the convening of guilty this morning. There is nothing known as stood on the guilt or innocence of the took six ballots, finally argument clusion that the defendant had no actual of the insolvency. Following the story of the trial: Fulton) The trial Nelson Claudon, receiving deposits the Claudon State bank the bank insolvent while was vice president director that institution, opened before Judge SteBaker in circuit court at Pontiac Monday. Monday occupied securing jurors close court the evening seven had been by both sides. Tuesday morning the remaining five had been the hope of State's Attorney Neil have both the fendants, Claudon Claudon, Claudon, the of the after the closed its doors last 6th the sheriff has been unable him to this time. The selected decide the of the defendant, under the the following: Kingdon, Cullom. Streator. Gallus Edmonds, Dwight. Flanagan. Theodore Gutell, Odell. James Mackinson, Cullom. John Jacobson, Esmen. Lynch, Strawn. Jeyte, Cullom. Edward Strawn. Walter Eddy, Newtown. Miles Garretson, State's Attorney made brief, the jury opening the trial He told them the Bank of Claudon state bank 1920, the lowing officers: Claudon, president; vice dent; cashier, they with Mosiman That the bank 6th permaThat on that Samuel Geedy made of That then That Geedy owed the That the Irvin Raby, Mr. Geedy's store, and by Charles Veatch Claudon. That the state that while Claudon had not been working the bank he officer after Claudon, took charge of the bank, negotiated for very acttrying raise money and called the bank family the best thing That the bank them either close. That they did and That the open off May and May 1927, its doors were closed Kerr defined the law and penalties. He that the would show Claudon, the defendant, checked the and accounts took active part the affairs the during the last of any with the affairs could not that the Claudon State bank was that time. McGrath, of Peoria, made the for the He said for thirty years "Old Man Claudon" bank in Fairbury. That boy worked that bank; 1912 the bank; 1920 Man Claudon" pelled the state laws to turn his bank into state bank; not one children interest that In Claudon told he stockholder bank and was the vice president. That Claudon had the bank; his brother were friendly terms and that Jay had more of the bank than any man on the That he by that lieved bank all right. prove that Jay the board directors his old father he took the vice show the the failure was worth forged That Jay Claudon the montried effect his poor old father. That Claudon done that he would blush for. That the penny the day McGrath Geedy had put in Going want the state show what this trial make goat for the for the Claudon State bank, the first ness. His testimony with the assets liabilities the bank, the amounts collected, the notes he lection. He the liabilities the were Of the personal notes had lected there were some hopes the neighborhood would and only part that might the unpaid notes were then listed evidence. Coming account of Samuel Geedy said the books that May Geedy his personal account $1,276.87 his account. He had deposited $256.36 that day. Cross testified there were $38,000 in known forgeries and there for those notes were worthless spur the moment. That would or five days unearth them. Samuel Geedy, complainant indictment, next witness. carried accounts Claudon State bank; his bookkeeper deposit for him May he been indebted Claudon State bank. He presented his book which was deposit made May Said claim with the receiver for accounts. Irvin Rabe the next witness. Said he had lived in Fairbury for years. by Samuel Geedy the Model ager. That 1927, he made deposit account the $256.36, deposit made before time for closing the bank; that Claudon him make the deposit with Veatch, the assistant that both Claudon the time day him. On cross Claudon there, the books. did not take his had him there before; him take posits. Claudon sitting the first when he him. Made deposit in the bank nearly every Had Jay the bank several times, did not know just Northrup, of Bloomington, state called. Said bank eight Had the Claudon State bank since it ganized. 1926. from on May come to He they had conference the Claudon, those being Claudon, Gerber, Charles Heins, Mrs. Claudon: the fact that bank been for day them that would either close the bank open bank would money opened. He did know how money in the bank. Sr., said he would meet and that Received another Jay come to Fairbury Met Joseph Gerber Claudon and had conference; talked of nothing was Jay he to Mr. Geragain Claudon State bank Herbert Powell, Joseph Gerber Claudon talked along the line but could reach The the bank that evening and decided the bank over the charge made schedule he had with He classified the notes, markthem good, and good. this he of Claudon. Did the bank until after five work. Had no way what notes were good cross examination Mr. Northrup said he days after he took That hard the forged paper all in That when Claudon had touch him Urbana wanted advice what should be done; Bert any the family leading think bank The question of the City of Fairbury funds to the $50,000 owing the change city had agreed not withdraw the after Bert Claudon got well. Claudon to borrow meet this man and Bert being sick for the bank the State Nothing the that the of the by Mr. Gerber bank would the Claudon State bank meet the emergency the City funds, they had proper The the the of the bank was put list of the stockholders of the bank was in dence the state marked exhibit showed shares Claudon, president; 10 owned vice shares to cashier; M. Spence and shares to Bessie Herbert Powell the next that he knew with him to the Claudon State bank. He called the consultation by Joseph Gerber gard the banks liabilities the ClaudState bank. Jay stated State would furnish Told we be but first must the absorbing Claudon State bank. Asked if their reserve unimpaired, that thing must examiner the bank must not closed. Told Jay to get touch with Northrup come after not to alarf the people. Asked him if people were making posits. said some. Advised take deposits hand them after four o'clock. Met Mr. Heins, Mr. Mrs. Mosiman, Spence, Claudon, in evening. whether either both banks would over the Claudon State bank. Would do until knew condition Claudon State That May Placed Claudon bank dollars. witness, testiSpence, Veatch. affairs Claudon State Northrup funds. Told think take bank over. They asked them would furnish they had notes security. father and have time care bank. Thursday, after dinwanted know thought taking over would unless the bank would with Called Powell wanted check the assets liabilities. Northsaid to expose assets liabilities. James witness. Said ran opposite bank. banking business with the State making deposits bank quently. him May made deposit. Charles Veatch took Jay back of talking his father. Sutter witness. Employed State bank ographer. back of the times Saw there talking there Friday going papers. her let know they wanted her McGrath: runs the Bert At this Mr. Grath stormy had called judge. Mary Testiworked Claudon. Made the deposits Mr. Melvin took Made up the deposit checks the $700 and deposit Mr. Melvin later and did the him Melvin had taken to the bank. want there. When Mr. came asked about said not done Found deposit the amount deposit in money the safe next Andrew testified Jay employed the Bank Claudfrom Ray Melvin testified worked for Claudon 1927, That deposit of $700 the bank that date. came about what with told him had He said there. go Next money the with the Always the he was sistant the Claudon State bank May That received the posit from Melvin and that back Georgiana Brown testified that time prior and until closing May by the Claudon State bank. Told That May Jay behind the cage the bank confiding his father regard On May the bank when she father. Jay went the back with the of the books. Claudon the back room; Later she asked them if the bank

12. February 3, 1928 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, February 3, 1928

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Blade Fairbury Published by The Blade Publishing Co. PATTERSON, CORA EVANS HARRIS FRANK MARKETS. (Corrected Thursday, Feb. 1928.) Corn, yellow, No. Corn, white, No. .75 Corn, new, white, No. .72 Corn, new, yellow, No. Oats, new, No. .50 Wheat, No. 1.16 Eggs, fresh .30 an honest, upright, peace lóving man, man his fellow men and one among who had endeared himself to all with whom he came contact. Always active every movement for the good of the faithful, tireless in the orders which he belonged, especially in bodies and Eastern Star, which he was affiliated and held the various offices until year or when his health failed and ago, no longer William Overton was born in Bran England, June 1835, from this life January 26, 1928, at the age of 92 years, months 13 days. He was married in England 1864, and moved America where he engaged farming this and reared family four sons and his three all of whom his having preceded him in him, wife several years ago. The deceased death was united with the and was faithful church years ago long as he was able to attendant as The funeral services were held at the church on Sunday with Lodge No. 614, and charge, and A. the Knight Templar and corted Royal Arch bodies of Fairbury, which the deceased was member The large throng friends which and the beautiful florattested the esteem "Uncle held, and which the and forceful sermon delivered by the local Congregational minister, Rev. M. Buran, splenof splendid life, and did eulogy final word said there can when the epitaph than this: more fitting "He was man. Basketball. Johnson's Swedes added three more their during the victories to string past when they defeated the Moguls at Piper City last City Thursday the decisive score of to and the Saunemin by of 28 to 15 at Saunemin score last night, and then climaxSaturday week victory over the Fairbury Alumni team at the high school auditorium of 43 to 35, after fast by the score and furious battle which was nearly defeat in the last half turned to spurt of basketball by the great visitors. The great basket shooting of Wendel and Stewart and Bergan, the classy, steady guarding of Capt. were the outstanding lights Austman of the Forrest team while the allwork Albeck, Carter and around Mohar for Fairbury were par excelReferee Jack Keeley handled the lent. in shape and the crowd game thoroughly satisfied that went away they had witnessed real, from start to finish. goodness game The between Brownie's Colts and the Pleasant Ridge Stars whale of and credit game Louie and Oliver for their must go to exhibition while dashing in class by itself. The guarding was from Pleasant Ridge were too boys however, and emerged victormuch, of 18 to 10. The ious by official score the is as follows: game FairburySteidinger, N. CLAUDON NOT GUILTY RECEIVING DEPOSITS AFTER BANK'S INSOLVENCY (Continued from Page 1) all right and A. answered "absolutely. o'clock Jay was sitting at the desk of and little while after called Bloomington on the telephone. The state rested its case. Bessie Mosiman was the first witcalled by the defense. She testified she was sister Nelson Claudon and daughter of Claudon, Sr. She had been employed in the bank until two ago assistant cashier. That Claudon, had charge of all loans. That had no control of the bank. The records show he owned ten shares. There were ten shares her name. She had never attended but one direcmeeting. Was not present when elected director Was home May 1927; went with Jay to find Northrup. The was about Bert being very ill. The positors the bank were calling for funds. Asked Northrup to come and see what should be done. He came Thursday evening. Had meeting and all present asked him what was the best thing to He thought best open the bank but said he would call his superior and advise not She said her brothers, Jay and Bert, were not congenial. She never took part in the of the bank did not help to draft the Bert sent the bank statements to her to sign she objected signing them but Bert said would be all right and help her father Claudon, defendant, testified. Aged 44. Farm and sell Ford care Farmed since Employed in the Bank of A. B. Claudon. Worked the bank from boyhood until about 1911, bill clerk and bookkeeper. Nevbeen employed in the Claudon State bank. Have never performed any duty in that bank since 1911. Never advised with father or other person in regard to the affairs of the bank until brother got Never took any part in the election of officers; did not know when he was elected vice president or director; signed papers at the request of his father; never attended meeting of directors until brother was taken ill; attended one meeting on evening May when Northrup was there. Had no knowledge that the bank was insolvent; learned it was insolvent May from Northrup. Had no knowledge of the affairs of his brother and thought was all right. Brother was taken ill and he was called from Forrest farm. Went bank; father told him Bert was asleep and could not be awakened. Went to Bert's house. Conferred with his mother and called Dr. Told what was done to resuscitate Bert. That evening went to bank and saw father and Charles Veatch; advised calling bank examiner. Mr. Veatch said there was nothing wrong with the bank. B. Claudon and Veatch overruled him in that. He then asked for the note and spent half hour looking over notes. Thought they were good notes. That was the only time saw these notes. Went to Bert's house and spent most eventhere. Family had talk with father on Wednesday evening when Mrs. Mosiman came down from Chicago. Meeting was held at father's house. He advised getting bank aminer. His sister, Mrs. Spence, did not think would be fair to Bert. Next morning his sister, Mrs. Mosiman, it would be best get Mr. Northrup. Called Northrup and later Thursday Mrs. Mosiman and he, Jay, met Northrup in Urbana. Explained situation of withdrawal of city funds and asked him what was the right thing Northrup said far he was concerned that bank perfectly solvent and don't think the right time for me to Fairbury You go back to Fairbury and tell him to open the bank and want me will come once. Opened bank and later called Northrup and had family meeting of the directors. talked over Northrup advised calling Mr. Gerber and Mr. Heins. Talked of consolidation and Northrup advised putting Bert at head consolidated bank. Mr. Veatch was worried about the proposed withdrawal of the city money. Gerber offered to let them have $10,000 in the morning if they needed the The bank opened the next day. Father and Charles Veatch opened bank. was there but had no authority to open bank. Went to Gerber next day and he said they could take over part the bank but not all. Would rather have Mr. Powell in with them. Regarding deposit made by Melvin. Owing to the fact that the bank had been closed and had been insisting on examiner knew the bank would probably be closed and needed the money for the pay roll. Talked Melvin and told him they were going to call examiner. Went down the bank and asked Veatch for the monVeatch demurred but gave him the money and deposit slip talking with strangers at garage told them he was president and brother of Bert Claudon, Never received any salary or dividends from the bank; never paid anything for the stock and never saw certificate. Northrup told him that as he was director he had better make arrangements for his paper with some other bank. Had paid indebtedness to bank to Mr. Greenebaum. Never had anything to with any loans and never was in regard to loans. Never regard any of the affairs of the bank. with brother Bert were strained. notified of but one directors meeting Never saw but one book of the minutes of the meeting the Claudon State bank. One evening about week after bank closed Northrup informed chance had Jay Claudon of finding them. He went to Northrup and the bankers for advice, not to borrow money. Two days before the bank closed A. B. Claudon went down in his own private pocket and took $25,000 and put in the bank. Did that show that he thought the bank insolvent They picked out Jay Claudon to indict to satisfy wolves who are parking over there (in Fairbury) who had lost money in bank. Mr. McGrath for the defense. You have the power to destroy human or you have the power to vindicate him for life. Said that Helen Sutter told an untruth when she said that Jay Claudon helped run the bank, that Miss Brown was untruthful in her testimony. We are going to try this case upon the evidence. challenge Brother Kerr to show any evidence to convict this man. They want to convict the defendant because his name Claudon. A name that for years was highly respected name. Why did they not indict Mr. Veatch? He took the deposit and had access the notes and knows about them. could have made stronger case against Mr. Veatch than against Jay Claudon. Charley Veatch should not have been indicted because Bert Claudon was the only one that knew about the condition the bank. The defendant one Claudon that has never cost the citizens of that community single He said that Northpenny. dodged on the witness stand, that rup he was yellow. That Jay Claudon told the truth. It was the bank examiner's fault more than Claudon's that he did not know the bank was insolvent. State's Attorney Kerr closed for the state. He said in opening that if the case depended upon oratory, upon physical contortions and tears the defense would win. If it defended upon facts and law the state would win. Said that where bank cannot meet its obligations it insolvent. The city treasuryship changed hands and there was demand on the Claudon State bank for $55,000 and they could not meet the demand. The bank right then insolvent. Attorney McGrath asked why did not have Veatch indicted. Charley Veatch had nothing to do with that bank. The old man, Bert and Jay Claudon ran that bank. Jay Claudon swore this morning that he knew nothing, ownstock or being director; that never attended any meetings the board of directors or advised with them he was through and the bank was all right. Cross examination. Have had several different businesses, farmer, trader and dealer in cars. Never advised with his father or Bert. Never reKnew nothing the organization of bank state bank. Was notified he was elected vice president. Never signed oath. He did sign the paper papers but not under oath. Denied signed papers under oath. any When they asked me to sign papers signed them but did not know what was in them. When Bert was on his back did everything could to help my father. feeling that thing Doctors told him wrong. brother had got hold of some poison. Thought examiner should advise them. Mr. Powell and Mr. Gerber advised getting examiner. Mr. Powell might have him not to accept deposits. Miss Sutter and Miss Brown wrong about him going over the books. Never was the back room with his father. Was in bank May Charles Veatch was anxious for closing time to come because he feared run. He was around the bank from to Then called bank examiner Were you ting in the bank at the time the Geedy deposit was made? don't know felt like the bank might be closed. Made no statement Mr. Geedy's clerk. Took my own money out, yes, telling the help we would call them if we needed them. Wednesday morning Mr. Veatch said this must be raised and city money said it in the neigh borhood of $55,000. Q. That was other reason you wanted to call Northrup some paper in the bank. The names on the bank notes were familiar me. De-direct. Northrup said bank cannot stay closed account sick ness. Talked with father about newal of his own notes in the rear the bank. Never talked room the affairs of the bank with H. made Attorney opening statement for the state. He said part: You have serious duty to form. serious duty to the defendant and serious the state. duty decide according to the your facts in will read you case. from the statute the law in regard to this Briefly no banker, broker case. officer of the bank shall receive funds after the bank insolvent. The first element is banking corporation. There was in the of Fairbury Claudon State bank. It family bank, the stock being owned defendant and other members the family. The next thing is the fact of defendant being an cer. All papers introduced show the defendant an officer of that bank. The defendant may claim he knew nothing about but he signed the papers. The officers had to stock qualify. It is the people's contention that the Claudon family had Phone money to do business with. The law was made to protect depositors from fraudulent bankers. The next element to prove that deposit was made think this has been proven beyond shadow of doubt and FOR SALE Claudon was there but made no jection to receiving the deposit. We FOR wheat white barley come to points that are the issue this case. The first is the question FOR insolvency The first thing Jay wanted to do was to send for the bank FOR SALE Two coming aminer. They sent for other bankThey talked the $55,000 wanted FOR Zenith Radio, complete the city of Fairbury. They Joseph Gerber to take the bank over. battery. He would not do it because their $150. Will take low and his bank might Porterfield, Chatsworth, serves were be pulled down with them. They DINING ROOM talked to Northrup and he told them they were solvent to open up SORREL they were not solvent to close. They for women opened next day. They took deposits. Lewis. operating that bank Was was that FOR touring, 1924 model, not Claudon, the man negotiated for mergers, asked for loans, called the bank examiner and prac- cabinet tically took charge of the affairs FRESH COUNTRY LARD FOR SALE the bank Herbert Powell told them Phone 3S-017. put their hands above the table. that Herbert Powell wanted Buckeye meant Leghorn to see the notes securities and they refused. Whenever bank Hays, Fairbury, c-2-3 fuses to meet its demands FOR SALE OR house 411 solvent. They had $11,000 in the bank and there the the city was Smith, *-2-10 of Fairbury for They could They tried BAY MARE FOR Louis not do with to Fairbury, Rt. shift the upon the state auditor They tried shift the SWEET CLOVER SEED-FOR sponsibility Herbert Powell and Huber. upon Gerber They point to the Joseph FOR PIGS. Emil Herberich, They try shift the forgeries. sponsibility upon that poor dead boy who took poison but Mr. Greenebaum FOR RENT says there was notes withsecurity outside the FOR 409 E. forgeries. was the duty of street. Inquire Blade. Claudon know condition of the FOR house, lights and water. bank. Claudon went the Inquire at 2nd bank after closing hours and took money out that had been deposited WANTED that day, March Jay Claudon any better than poor old honest Sam SALESMAN WANTED to solicit orders for Geedy From the first day of Bert's lubricating Address THE HARVEY illness N. Claudon wanted to get CO., *-2-3 the bank examiner. Why? Did he know there something wrong Girl for general housework. with the bank? What made him want Schnetzler. bank examiner? MISCELLANEOUS Plea for defendant by Attorney A. Gibbons. This the first time WOOD TO have been called upon to defend brush. Frank Phone charged with crime committed by someone We are not asking for sympathy We lay our cards the table face up and want you to decide. Only two points left for you consider. Was the bank and did Jay Claudon know it was inThere no that has been introduced that shows that had anything to do with the affairs of that bank. He had right assume that there was something wrong the bank when his brother attempted take his own life. Mr. Northrup, the bank examiner had examined the bank but did not find the those forged notes. How much less them on loans. Here is certificate for 10 shares of stock made out Claudon and found by Greenebaum with the other shareholders' certificates the bank. Here are the minutes the meetings board directors of the bank showing Claudon as being present many times at these when loans were passed upon by directors. that evidence doesn't prove Jay Claudon to be liar don't know what liar As soon Bert took sick Jay jumped into the harness and proceded to run the bank. Instead of telling Mr. Geedy's manager not to put money in the bank any watched him make the deposit and then when he found his manager had made deposit he went down to the bank after hour and made Mr. Veatch give him his money back. It the duty of the jury to the people the state of Illinois to find the defendant guilty.

13. April 6, 1928 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, April 6, 1928

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NEWS OF THE COURTS DURING THE PAST WEEK. from Page 1) She her bond in the sum of $15,000, which has been approved. W. D. Lewis, of Forrest, has been named administrator of the estate of Thomas Casey under bond of $6,600. The following are among the bills allowed against the estate of Herbert M. Campbell: Swanson Oil Co., $17.39; Sweney Gasoline and Oil $15.46; Walton Bros. Co., $251.17; Gottlieb Steidinger, $40.40; N. Bach, Farmers Grain of Fairbury, $14; Mapel Brothers, Authorized to Sell Notes. The Illinois State Savings bank,as receiver in the case of Oscar Nelson, auditor the state of Illinois, v6. the Claudon State bank, was given authority by Judge Baker in the circuit court Monday to sell notes of the Farmers Meat company of Fairbury. Burgess Will Admitted. Judge Ray Sesler in the probate court has admitted the will of the late Mrs. Hattie Burgess, of Fairbury, to The will named Nimrod probate. Mapel executor and he has qualified by filing his bond in the sum of Williams home. He and his children, who have spent winter here, returned to the home at Woodstock on Monday. Elmer Parmele, Mrs. Claus Ficken child, Mrs. Merle Parmele Mrs. Homer Harris and daughter spent Wednesday visiting the former's mother sisters, Mrs. Colville, Mrs. Wm. Smith and Mrs. John Schoppin, at Minier. Mrs. Fred Dale gave surprise birthday party for twelve-yearold daughter, Virginia, last Friday. Mrs. Mary C. Williams is suffering with blood poison in her foot, as the result of scald received when she dropped teakettle of hot water. The high school was able to add lizzard to their collection of animals Tuesday, when was found at the C. Scott store in bunch of bananas, having come from Georgia. Mr. and Mrs. Clarence Harms entertained Mr. and Mrs. John Hardy and children, of Anchor, on Sunday. Mr. and Mrs. Walter Mills of Cropsey, sister of Mrs. Harms, were also there for the day. The Lawndale Center school Community club presented the play "SafFirst," the school house ety Thursday of this week. Those who have worked faithfully and are cast are Mr. and Mrs. E. Harms, Mr. and Mrs. Clarence Harms, Mr. and Mrs. Elmo Johnson, Mr. and Mrs. Luther Wagoner and Mariam F. Bridges and family spent Sunday at the home of their daughter, Edna Jessup, in Fairbury. John Johnson, Sibley, spent Sunday at the home of his brother, Elmo Johnson. The township elections were held Tuesday. In Martin the result as follows: Supervisor, James Fielding; Robert Greenlee; town clerk, H. C. Van Alstyne; commissioner, John Thedens. school trustee, Addison Ritchie. In Lawndale the result was: Supervisor, Wm. Blumenshine; Henry Peterson; assessor, Fred Fincham; town clerk, John Alpers. $3,000, which has been approved by the The will provides that er all debts have been paid that Clifford Lehman, nephew the deceased, shall have her piano. To her husband Frank Burgess, is given life estate Fairbury residence property well as what household goods desire. To the sister of the he shall Mrs. Cora Lehman, is given the Fairbury residence property, subject, however, to the life estate of Mr. Burgess. To the Chatsworth cemetery given $50 for the care of the family lot therein. All of the rest and residue of the estate is given to Frank husband of the deceased. The will was dated September 20, 1927, and was witnessed by Mrs. Fern Thompson and Mrs Angie R. Melvin. Kuntz Will Filed. William F. Kuntz has filed petition in the circuit court at Pontiac for the probate of the will of the late Rosa Kuntz, and Judge Sealer has set April 30 at ten o'clock in the forenoon as the time for hearing the petition. The will as filed provides that the Society for the Propagation of the Faith the Catholic Church shall receive $1,000; Sisters of Clyde Missour, Mundelin, III., $100, and residence property at Strawn to the Strawn, III., St. Rose's Catholic Church; to her brother, George Pursley, is given $2,000; to her step-daughter, Mabel Margaret Rose Murphy, $5,000; to her nephew, Harold ley, $200; to her nephew, Raymond Kuntz, $100;, and to Elizabeth Kuntz, $1,000, to be held in trust and expended after her death for masses. To Joseph M. Pursley given farm in Burke county, N. D., now occupied by him, and all the rest anl remaindof her property to brothers and sisters, except Joseph M. Pursley family. The will names William Kuntz as executor. The will was dated March 20, 1928, and was witnessel by Robert Henning and Mrs. Emma Metz.

14. June 1, 1928 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, June 1, 1928

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NEWS OF THE COURTS DURING THE PAST WEEK Named Receiver. The court named W. Bartlett, of Fairbury, receiver brought by the Fairbury Building Loan against zenbery others and fixed his bond $500, sureties to be approved the court. Suits Dismissed. Two foreclosure suits filed by the Illinois State Savings bank, ceiver Claudon State bank of Fairbury, against Brown, were dismissed by the complainant. School Claim Allowed. Judge Sesler probate court Monday heard evidence port of the claim the school trusof Indian Grove township against the estate Claudon, ceased, in the sum of $16,928.64. hearing the evidence Judge Sesler allowed the claim in of $15,754. Bill for Partition. Charles Clark, of Forrest, filed for partition in the circuit against Emma Clark and others seeking the partition of block Riverside addition the city Pontiac. The lot in question the property of the William Herbert Clark, of Forrest. Probate Orders. Walter Luehrs, bonis the Joseph Edwards, filed his final report the estate which has been Ray the final receipt in the estate, bond to be discharged and estate George Leonard, administrator of estate Richard McKee, deceashas entered his appearance in the probate court consented allowance the claims: Krack, Schlipf. Delos Pope, $1, and Forrest Lumberhas been named administrator the estate James by Judge Ray the probate court. (Continued page

15. June 22, 1928 Ford County Press Melvin, IL
Article from Ford County Press, June 22, 1928

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CLAUDON BANK CREDITORS get TWENTY PER CENT Dividend is Declared to the Claimants in Sum of $186,499.45. A dividend of twenty per cent to each of the creditors of the defunct Claudon State Bank, of Fairbury, whose claims have been filed and allowed in the sum of $186,499.45 was ordered by Judge S. R. Baker in the circuit court. The order came as a result of the filing of a petition before the court this morning by Oscar Nelson, auditor of public accounts of the State of Illinois in his receivership case against the bank and of which the Illinois State and Saving Bank of this city. The petition sets forth that the Illinois State Savings Bank, as receiver has on hand in cash on May 25, last, the sum of $115,966.38 which was received by said receiver from the assets of the Claudon state bank. It is also shown in the petition that claims aggregating $186,499. 45 have been filed and allowed as being just claims against the bank; that there have been filed with the receiver against the bank, claims aggregating $160,885.87, the allowance thereof depending on the sustaining of certain objections filed thereto by the receiver; that there also have been filed with the receiver claims aggregating $11,779.19 which the several creditors are claiming for said amount a priority, the determination of which is to be considered. It is also set out in the petition that in pursuance with the statute, the auditor of public accounts has declared a dividend of twenty per cent on all claims filed and allowed by the receiver, aggregating $188,499.455. Further, the petition sets forth that if and when the claims which have been filed with the receiver in the sum of $160,885.87 are allowed by the circuit court, that a similar or like dividend of twenty per cent to be declared thereon. As to the claims aggregating $11,797.19, that if and when it shall be determined by the court that said claims are entitled to a priority, then the respec ive claimants SO establishing a priority may be paid in full or in such proportion as may be determined by the court. There are approximately 553 persons, firms nd organ ations listed in the petition whose Jaims have been approved as against the sum of Judge Ray Sesler, as special master in the receivership, filed a partial report last week approving the claims of those 553 persons, tirms and organizations. He is now engaged in hearing the claims of those persons repre ed in the sum of $160,885.87 and the claims of creditors claiming priority represented by the sum of $11,779.19.Pontiac Daily Leader.

16. November 30, 1928 The Fairbury Blade Fairbury, IL
Article from The Fairbury Blade, November 30, 1928

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High School Notes School closed at noon on Wednesday for the annual Thanksgiving vacation. School will resume on Monday morning. The high school band did not practice Wednesday evening of this week. So many of the students could not attend that it was deemed advisable to discontinue the practice for this week. The egg-laying project which is being conducted by the class in animal husbandry is proving to be quite success. They have arranged to keep lights in the hen house during part the evening. The boys retained 36 hens selected from the baby chick project and are getting more than 20 eggs per day at the present time. This week closes the third month of the school year and reports will be given to the students about Wednesday of next week. Parents are requested to examine these reports with care. Each pupil will be given a report so that the parents may have an opportunity to see the record made by their boy or girl in the high school. The school maintains cafeteria service during the winter months. The students are served hot drink and hot dish at cost. It is not full meal but is intended to furnish the student with something warm for his noon lunch during the cold weather. This service will be maintained until March 1st or later. The basketball season is almost upon us. More high school people like to participate in basketball than any other sport. The aim of the high school is to permit all students to have some opportunity for free play. A regular schedule of practice is worked out and posted. This schedule provides that the gymnasium may be used not only by the boys who are on the teams representing the school but by the boys who do not belong to the teams. The girls also get their chance. It is the custom among many of the schools of our vicinity to play double headers. They keep out large squad and divide the squad into first and second teams for these games. Our basketball schedule which is found elsewhere in the paper provides nine games for our second team. The schedule is the strongest one that the high school has had for some time. It includes three winners of districts last year. Basketbal Scheldule-F Team. Dec. 7-Saunemin, here. Dec. 14-Cornell, there. Dec. 21-Dwight, there. Dec. 22-Kankakee, here. Dec. 27-29-Pontiac inv. tourney. Jan. 5-Kankakee, there. Jan. 7-Eureka, there. Jan. 11-Dwight, here. Jan. 18-Pontiac, here. >Jan. 25-Lexington, there. Jan. 26-Cornell, here. Feb. 2-County preliminary tournament, here. Feb. 5-Roanoke, there. Feb. 9-County finals, Pontiac. Feb. 15-Pontiac, there. Feb. 23-Roanoke, here. March 1-Lexington, here. March 7-9-Dist. tournament. Second Team. Dec. 7-Freshmen, here. Dec. 14-Cornell, there. Dec. 21-Dwight, there. Jan. 4-Open. Jan. 11-Dwight, here. Jan. 18-Pontiac, here. Jan. 25-Lexington, there. Jan. 26-Cornell, here. Feb. 8-Open. Feb. 15-Pontiac, there. March 1-Lexington, here. COUNTY AT LAST RECEIVES CHECK FROM BANK RECEIVER Under the above heading the Watseka Times of last week gives the following account of one of the angles in the Claudon bank case: After almost two years of effort on the part of County Treasurer C. H. Warnock to collect money due to the county from the First National bank of Chicago, at last he has received check for the full amount- $353.21. In 1927, L. E. Broadwell, of Fairbury, who owns farm land in Sheldon township, sent a check drawn on the Fairbury bank in payment of his taxes. The check was cleared through the First National bank of Chicago, which in turn sent the check to the Claudon State bank of Fairbury for collection from the other local bank. The money was collected and in the hands of the Claudon bank on the afternoon that it was closed by the state bank examiner. The Chicago bank, in getting possession of all cash on hand at the Claudon bank to satisfy it account, also took the money which had been collected for the check, although this money was not the property of the Claudon bank, the latter being merely an agent in collection. The old rule that "possession is nine points of the law" worked for a long time in favor of the Chicago bank and they retained the money. With the failure of the Claudon bank, the Illinois State Savings bank of Pontiac was made receiver. The Iroquois county claim was put on the preferred list of claims by court action and has just been paid by the Pontiac bank. Subscribe for The Blade.