Article Text
NAMED RECEIVER Albert B
Ring, of the U. S. comptroller's office, was today named receiver for the First National Bank of Duquoin, Ill., which closed recently.
First National Bank (Du Quoin, IL)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- February 6, 1935
- Location
- Du Quoin, Illinois (38.011, -89.236)
- Bank Type
- national
- Charter Number
- 4737
Metadata
Receivership Details
- Depositor recovery rate
- 75.0%
- Date receivership started
- 1935-02-06
- Share of assets assessed as good
- 63.9%
- Share of assets assessed as doubtful
- 27.0%
- Share of assets assessed as worthless
- 9.1%
Notes
Receivership date (1935-02-06) from known records; article (Feb 23) names the receiver and says the bank closed recently.
Events (4)
1.
May 12, 1892
Chartered
- Source
- historical_nic
2.
February 6, 1935
Suspension
- Cause
- Government Action
- Cause Details
- Bank closed and taken into receivership by U.S. Comptroller (receiver named)
- Newspaper Excerpt
- closed recently
- Source
- newspapers
3.
February 6, 1935
Receivership
- Newspaper Excerpt
- Albert B. Ring ... was today named receiver for the First National Bank of Duquoin, Ill., which closed recently.
- Source
- newspapers
4.
February 6, 1935
Receivership
- Source
- historical_nic
Newspaper Articles (1)
Click image to open full size in new tab