gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2c9687db8592ac43
Response Measures
None
Receivership Details
Depositor recovery rate
100.0%
Date receivership started
1933-12-05
Date receivership terminated
1938-08-20
Share of assets assessed as good
70.6%
Share of assets assessed as doubtful
28.4%
Share of assets assessed as worthless
1.0%
Description
Articles indicate the bank closed and a receiver was appointed (Dec 1930 inferred); additional records could pin exact closure date and outcome.
Events (7)
1.December 24, 1889Chartered
Source
historical_nic
2.February 23, 1925Other
Newspaper Excerpt
The plant and personal property ... sold private sale by the First National bank, receiver, at the First National bank beginning on February 23, ...
Source
newspapers
3.January 11, 1930Other
Newspaper Excerpt
R. Esler vs. First National Bank, receiver.
Source
newspapers
4.December 1, 1930*Suspension
Cause
Government Action
Cause Details
Bank closed in December and a receiver was appointed (receivership following suspension).
Newspaper Excerpt
First National bank, which closed December ... made his first ...
Source
newspapers
5.January 13, 1931Receivership
Newspaper Excerpt
RECEIVER REPORTS ON MARION BANK ... has been acting receiver of the First National bank, which closed December ... made his first the public showing the assets of the bank exceed the liabilities ...
Source
newspapers
6.May 23, 1931Other
Newspaper Excerpt
The First National bank here recently was appointed receiver for the Indiana corporation.
Source
newspapers
7.December 5, 1933Receivership
Source
historical_nic
Newspaper Articles (5)
1.February 11, 1925Leader-TribuneMarion, IN
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Article Text
TO HAVE PRIVATE SALE
The plant and personal property of the art Battery sold private sale by the First National bank, receiver, at the First National bank beginning on February 23, the sale from day day, until all of the property is dis posed of.
2.January 11, 1930Leader-TribuneMarion, IN
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Article Text
Court Calendar
Circuit Judge O. D. Clawson has set the following cases for the schedule of the tenth week of the November term. which starts Monday. JanMonday, Baxter garden.
Tuesday. Jan 21 Swanger & Clain Darby Paper Co. Bedell Migr. Wednesday, Jan. 22-Pettiford Beck: Harding Shelby. Thursday Jan Fear; Seale Fear. Friday Jan. R. Esler vs. First National Bank, receiver.
3.January 13, 1931Evansville Courier and PressEvansville, IN
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Article Text
RECEIVER REPORTS ON MARION BANK who has been acting receiver of the First National bank, which closed December today made his first the public showing the assets of the bank exceed the liabilities by $170,985 The total assets are given as $1,952,643 and the liabilities as 781 657 He has cash on hands of $158,000 and the ability of the bank to make an early will on the collection of outstanding
4.May 23, 1931The Indianapolis TimesIndianapolis, IN
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Article Text
OFFER FOR BUS LINE Reindeer and Greyhound Seek to Acquire Indiana Coach. By Times Special MARION, Ind., May 23.-Authority of the public service commission has been requested following permission granted by Judge Oren W. Dickey to attorneys for Reindeer Stages, Inc., and Greyhound Lines, Inc., to take over the operation of the lines of the Indiana Safety Coach Corporation. The First National bank here recently was appointed receiver for the Indiana corporation. The receiver informed the court that the lines had not been operated at a profit and requested permission to turn them over to the other firms. Both the Reindeer Stages and Greyhound Lines are believed interested in continuing the operation of the lines until they are offered for sale by the receiver.
5.November 18, 1931Chronicle TribuneMarion, IN
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Article Text
HOLDS CLAIMS CASE HEARING
Superior Judge Oren W. Dickey today heard evidence claims filed against receivers in two cases pendin his court. Claims totaling $5,800 were lowed as general claims against the First National Bank, receiver the Indiana Safety Coach Corp The court claims parts of claims totaling $23,000. Creditors of the defunct concern will receive 15 cent claims which now total The court also allowed claim filed by Mrs Mand Kinnear against National bank. ceiver for the Kinnear in the sum The claim was allowed as general claim.
A. A. U. RE-ELECTS BRUNDAGE KANSAS cluding annual convention the of Avery Brundage of Chicago, as president, and the selection New York its 1932 convention city, the Amateur Ath letic Union prepared today form an alliance with the Y. M
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.