4698. State Bank (Winslow, IL)

Bank Information

Episode Type
Run Only
Bank Type
state
Start Date
February 1, 1931*
Location
Winslow, Illinois (42.493, -89.792)

Metadata

Model
gpt-5-mini
Short Digest
e2cfb6594021de52

Response Measures

None

Description

Newspapers (Feb 5, 1931) report a short two-day run on the Winslow State Bank caused by 'broadcasters and knockers.' Officers paid withdrawals promptly, the bank proved sound, and many depositors redeposited funds. No suspension or receivership mentioned.

Events (1)

1. February 1, 1931* Run
Cause
Rumor Or Misinformation
Cause Details
Local agitators/critics ('broadcasters and knockers') started a run; no specific insolvency allegation—officers paid out and restored confidence.
Measures
Officers paid withdrawals promptly as they arrived to demonstrate the bank's soundness.
Newspaper Excerpt
Some broadcasters and knockers started a run on the Winslow bank. It lasted for two days but the officers were on the job and paid as fast as they came in and proved to the people that it was perfectly sound. Many returned with their money and deposited it again.
Source
newspapers

Newspaper Articles (2)

Article from The Davis Leader, February 5, 1931

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Article Text

held in the farewell party was church on basement of the Calvary Mr. and Mrs. Clinnight for Tuesday D. Wilke. After fine program ton social time was enjoyed and good served to the luck supper was pot Mr. and Mrs. that were present. Wilke will farm near move 1st. late Brodhead on March hour all departed for their homes ter having spent very happy Mr. and All joined in wishing ing. in their new home. Mrs. Wilke success of Oak Comrade Joe Thompson III., and Dale and Henry Park, of Pecatonica were callers Mullarkey in Davis on Tuesday. later of his life. him during the years Whatever his faults and mistakes, lack of was not among patriotism Most certainly the United them. indebted to him for his States still is service in moulding public great the War. inion during arrived here last family had an old Thursday evening. They automobile and going from were Flint, Michigan to Omaha, Neb., but They went to the had money. home of Rev. Walter, who like good Samaritan took them in and gave them supper and at prayermeeting that evening collected sum of them. Rev. Walters money to give did not have enough sleeping room the Mr. and Mrs. Hoovfor furnish sleeping room and helped morning the breakfast. The next family was given gallons of gasoline and sent on their way rejoicing. information of people livFor the ing west of here, this same troupe had stopped at Shirland just previous free gratis: repairs for and received dinner; two of montheir car; purses gasoline and oil, and good quanof etc. A few stops tity groceries, like these just mentioned would enat the end of able them to sit pretty their trip. The Winslow State Bank had page ad in the Winslow Register say$500,000 Securities and Assets to Winslow State Bank and back the and that it did secure its depositors dollar. We expect to keep not owe of few street the bank regardless and knockers walkers, broadcasters against anything for that are always the town, community or for any good the and cause, thanking depositors stood them and show patrons who by chain of banks other bank, or any Loan associations that want them off and chain stores that won't the map their checks but would like to cash close the local stores. broadcasters and knockers Some started run on the Winslow bank. It lasted for two days but the officers were on the job and paid as fast as in and proved to the peothey came that was perfectly sound. Many ple with their and dereturned money posited it again. knocker knocking the Some was Davis Bank but of no avail as peohere know the Davs Bank ple good sound, safe bank. One of best small banks in Northern Mr. and Mrs. Will Frutchey of Pecatonica one o'clock dinner Sunday, complimentary to Mr. and Wilke who expect to move to their new home soon, northeast of Brodhead. Wis. Those present H. Andres and wife, Mr. and Mrs. George Sheckler, Mr. and Mrs. Kurtz. Mr. and Mrs. Robert PatterWilke and wife and Ray son, Cole. The Basket ball House was one in the Opera ening of affair. Davis won by score sided the end of the 23. The score at to Davis 15; Freeport Sanitary half was Box follows: Laundry score Davis (49) Hoover, Phillips, Kloster, Weimer, Zwygart, 24 B P Freeport (23) Kehoe, Cremer, Boland, Gage, 0 Morrison, Walsh, 10 The Davis school basket ball team Orangeville on Friday motored to ening where they defeated the Orangeville grade school by of is as follows: to 16. The score B Davis (22) Lohmeier, 4 Degunther, 2 Horstmeier, 2 Johnson, Zwygart, B F Orangeville (16) Emrick, Cremer, Lausch, 0 Wohlford, Zettle,


Article from The Durand Gazette, February 5, 1931

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Article Text

COMMITTEE ASSIGNMENTS OF ACKER, BABB AND FRANZ The following are the 12th district assignments of the 12th district members to the committees of the house: Acker Agriculture; appropriations; conservation, fish and game; efficiency and economy; farm drainage; industrial affairs; roads and bridges. Babb-Banks, banking and loan associations; congressional apportionment; motor vehicle and traffic regulations; roads and bridges; to visit charitable institutions; waterways. Franz-Apportionments; conservation, fish and game; farm drainage; judicial apportionment; motor vehicles and traffic regulations. The Winslow State Bank had a page ad in the Winslow Register saying $500,000 Securities and Assets to back the Winslow State Bank and to secure its depositors and that it did not owe a dollar. We expect to keep the bank regardless of a few street walkers, broadcasters and knockers that are always against anything for the town, community or for any good cause, thanking the depositors and patrons who stood by them and show any other bank, or chain of banks or Loan associations that want them off the map and chain stores that won't cash their checks but would like to close the local stores. Some broadcasters and knockers started a run on the Winslow bank. It lasted for two days but the officers were on the job and paid as fast as they came in and proved to the people that it was perfectly sound. Many returned with their money and deposited it again. Some knocker was knocking the Davis "Bank but of no avail people here know the Davs Bank is a good sound, safe bank. One of the best small banks in Northern Illinois. First place was awarded to Miss Imogene Goeke, 219 N. Harlem avenue, Freeport, representative of the Second Presbyterian church, in the oratorical contest concerning "Stewardship," held at the church in Freeport Sunday evening, sponsored by Freeport Presbytery, six contestants giving orations. Miss Goeke's subject was "Roval Stewardship", which she developed into a speech of merit and delivered impressively. Miss Goeke will represent Freeport Presbytery in the contest at Decatur, March 26; the winner there will compete for state choice which will go to Pittsburg, Penn., for the contest in May during general assembly. Edward Brick, a well known breeder of purebred Holsteins in Davis, has just been admitted to membership in the world's largest livestock recording association, according to The Holstein Friesian Association of America, and is one of 224 from 33 different states that has been favorably recommended for membership during the past three months in this national association. The year 1931 will haxe several double holidays. Memorial day and Independence day both fall on Saturday. Labor day comes on Monday, This constitutes a trio of double holidays. Easter comes on April 5, which is neither early nor late. Richard Kern a former well known Davis citizen and veteran of the Civil war who went to Dakota about two years ago to make his home with Mr. and Mrs. Herman Meier was 89 years old last week. Mrs. Meier had a birthday party for him. Mr. Kern is still in fair health and able to get around good for one of his age. The Stephenson County Boad of Supervisors were in session this week and the names of the women to serve on the jury were added to the jury list. This will be the first time that women's names have been placed on the list, this being in compliance with a vote of the people on the question of women jurors last November. The supervisors place 400 names in a jury box, this being 100 for each term of the circuit court during the current year. The jurors are then drawn by the county and circuit clerks, in the presence of the county judge. State deputy fire marshal J. W. Richardson of Warren was a business caller here Thursday. Gust Miller went to Milwaukee last week and moyed his household goods, etc. to Davis where he will make his future home. In the league games of basket ball at Dakota Thursday night, Davis defeated Baileyville by a score of 35 to 25. Cedarville defeated Afolkey by a score of 35 to 26 and Orangeville defeated Dakota by a score of 32 to 26. Oscar Germain of Rock City has been a patient at a yFreeport hospital the past week. Ruth Meinert a daughter of Mr. and Mrs. Clarence Meinert had an X-Ray at the Deaconess hospital in Freeport last week.