Baldwin State Bank - Delavan, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 29, 1932
Location: Delavan, Illinois (40.373, -89.547)

Metadata

Model: gpt-5-mini
Short Digest: 7d884c4c

Response Measures

None

Description

Article (Pantagraph, 1932-01-29) reports State Auditor appointed a receiver for the Baldwin State Bank of Delavan — indicates the bank was closed and placed in receivership. No article text describes a depositor run prior to suspension, so classified as suspension leading to closure/receivership.

Events (1)

1. January 29, 1932 Receivership

Newspaper Excerpt: DELAVAN- John H. Shade has been appointed by State Auditor Oscar Nelson an receiver of the ... Baldwin State bank of Delavan.
Source: newspapers

Newspaper Articles (1)

1. January 29, 1932 The Pantagraph Bloomington, IL

Article from The Pantagraph, January 29, 1932

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Article Text

Baldwin State Bank Receiver Is Named Pantagraph Central DELAVAN- John H. Shade has been appointed by State Auditor Oscar Nelson am receiver of the BRITISH Baldwin State bank of Delavan. CONSULATE He is also receiver of the Green Valley bank which closed more CONSULATE than year ago. Suit has been filed in the Tazewell circuit court at Pekin by Hilmar Loehr against the stockholders of the Baldwin State bank for the sum of $96.45