North Shore Trust Company - Highland Park, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: December 31, 1932
Location: Highland Park, Illinois (42.182, -87.800)

Metadata

Model: gpt-5-mini
Short Digest: ddc22a96

Response Measures

None

Description

Article (Waukegan News-Sun, 1932-12-31) reports appointment of H. A. Smith as receiver for the North Shore Trust Company of Highland Park. No run or reopening is mentioned. I classify this as a suspension leading to closure/receivership. OCR errors in the article were corrected (e.g., 'H Smith, bank receiver', names).

Events (1)

1. December 31, 1932 Receivership

Newspaper Excerpt: State Auditor Oscar Nelson has appointed H. A. Smith, bank receiver for the North Shore Trust company of Highland Park.
Source: newspapers

Newspaper Articles (1)

1. December 31, 1932 Waukegan News-Sun Waukegan, IL

Article from Waukegan News-Sun, December 31, 1932

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Article Text

PARK RECEIVER NAMED H. A. Smith To Be Receiver For North Shore Trust Co., Attorneys Announced. State Auditor Oscar Nelson has appointed H Smith. bank receiver receiver the North Shore Trust company of Highland Park. the Runyard Behanna, attorneys for the receiver was learned today The will for both banks since the combined salary for Smith for the will be $300 month where in many cases receivers for single banks receive and $6,000 annually Smith's pay receiver at Highwood has been reduced to $50 month and his salary Highland Park set at $250 making total of He was formerly getting per month on the Highpetition had recently sent to Auditor asking that pel. president of the Highland Park State bank. named the North Shore Trust. and Ernest Gail as been the policy of the state to name receiver from bank in the town in which the receivership is in force. understood.