First State Bank - Greenup, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 22, 1933
Location: Greenup, Illinois (39.248, -88.163)

Metadata

Model: gpt-5-mini
Short Digest: f13cac17

Response Measures

None

Description

Article (1933-09-22) reports the receiver asking court authority to close affairs and sell assets/fixtures and to make final report — indicates permanent closure under a receiver. No mention of a depositor run in the text.

Events (1)

1. September 22, 1933 Receivership

Newspaper Excerpt: Receiver Greenup Institution Asks Court Authority for Sale. ... The court is asked for an order sell the banking house, furniand fixtures: several pieces accounts judgments, and all the remainder that the receiver asked make final report January term. of circuit court: that the receiver upon making final report final proceed to close the bank.
Source: newspapers

Newspaper Articles (1)

1. September 22, 1933 The Decatur Daily Review Decatur, IL

Article from The Decatur Daily Review, September 22, 1933

Click image to open full size in new tab

Article Text

Seek to Close Bank Receiver Greenup Institution Asks Court Authority for Sale. Staff Greenup Court authority close the affairs of the First State bank Greenup sought filed court The bank April Mr. Elstun sets forth the ing the bank: Total assets, $62,331.57 Paid assets, $9,171.96. Balance of assets remaining paid, $53,159.61 Balance remaining unpaid but considered good, Considered doubtful. $652.55 Considered desperate, The states confessed judgments against debt have taken of $44,953.00. Suits tered and judgment taken for 650.00. The court is asked for an order sell the banking house, furniand fixtures: several pieces accounts judgments, and all the remainder that the receiver asked make final report January term. of circuit court: that the receiver upon making final report final proceed to close the bank.