OCR'd articles report a moratorium (suspension) around 1931 on Palatine State Bank and mention a receiver handling funds; by 1934 the receiver was distributing tax funds. No article describes depositor runs. Dates are inferred from text and newspaper date; OCR errors corrected (e.g., 'Palatine State Bank', 'receiver', 'Heims').
Events (2)
1.January 1, 1931*Suspension
Cause
Government Action
Cause Details
Bank placed under a moratorium/suspension in 1931 (text refers to 'the moratorium' when 1931 tax deposits were held).
Newspaper Excerpt
tax money that was deposit in Palatine State Bank at the time the moratorium.
Source
newspapers
2.July 20, 1934Receivership
Newspaper Excerpt
Collector Receives Taxes From Bank Receiver ... when they received checks from Heims who was collector of the 1931 taxes ... deposit in the Palatine State Bank at the time moratorium. After the appointment of the receiver, Heims once filed preferred claim ... which was not allowed until after the matter had been heard in the courts.
Source
newspapers
Newspaper Articles (3)
1.July 20, 1934The Daily HeraldChicago, IL
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Article Text
Collector Receives Taxes From Bank Receiver was good news for the treasurers the various Palatine taxing bodies when they received checks from Heims who collector of the 1931 taxes, their share of the tax money of that that deposit in the Palatine State Bank the the The total amount involved was After the appointment of the receiver, Heims once filed preferred claim, which was not allowed until after the matter had been heard courts. Henry Harz, the lage attorney, acted the terests the collector and the taxing bodies.
2.July 20, 1934The Daily HeraldChicago, IL
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Article Text
Collector Receives Taxes Bank Receiver was good news for the treasurers the various Palataxing bodies when received checks from Heims who collector of the 1931 taxes, for their share the undivided tax money that that deposit the Palatine State Bank at the time moratorium. total amount involved was appointment the receiver, Heims filed preferred claim, which was not allowed until after the matter had been heard courts. Henry Harz, the lage attorney, acted the terests collector and the taxing
3.July 20, 1934The Daily HeraldChicago, IL
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Article Text
1931 Collector Receives Taxes From Bank Receiver was good news for the treasurers various taxing bodies when received checks from who was collector of the taxes, their share tax money of that that was deposit in Palatine State Bank the time the moratorium. The amount involved After the appointment of receiver, Heims once filed claim, which allowed after the had been heard the courts. Henry Harz, the lage acted the interests of the collector and the taxing bodies.
