Savings Bank - Kewanee, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: *
Location: Kewanee, Illinois (41.246, -89.925)

Metadata

Model: gpt-5-mini
Short Digest: 15a02f2d

Response Measures

None

Description

Article (1929) discusses the failed/defunct Savings Bank of Kewanee and related receivership and litigation. No mention of a depositor run in the provided excerpt; the bank is described as closed/defunct and a receiver is involved. OCR errors in the article (garbled lines) were corrected where necessary.

Events (2)

1. * Other

Newspaper Excerpt: Documents Entered Trial ... Judge Charles Searle ruled to admit documents regarding the condition the old State bank of Kewanee, the failure of which led to the trial William E. Gould and Sam Burge, officials.
Source: newspapers

2. * Receivership

Newspaper Excerpt: Charles Terry, president bank receiver the closed State bank of Kewanee, also occupied the stand. Judge Wright of Toulon, county judge of Stark county and receiver the investment company of Fischer, Gould Burge, was called the witness chair ... Depositors Want Estate. May suit whereby depositors of the defunct Savings bank of are manding that heirs of the Fischer estate give their ... The receiver claims fulfilled heirs of the Fischer estate. The late John Fischer was president of the defunct Savings bank of Kewanee.
Source: newspapers

Newspaper Articles (1)

1. May 14, 1929 The Rock Island Argus Rock Island, IL

Article from The Rock Island Argus, May 14, 1929

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Article Text

WINS BATTLE BANK EXHIBITS Documents Entered Trial Long Legal Arguments. (Special Argus.) Cambridge, May vicscored for the proseculate yesterday in circourt here when Judge Charles Searle ruled to admit documents regarding the condition the old State bank of Kewanee, the failure of which led to the trial William E. Gould and Sam Burge, officials. long battle has been by the state attempt to have these papers evidence. cashier of the Peoples State bank of the witness of the day. Charles Terry, president bank receiver the closed State bank of Kewanee, also occupied the stand. Judge Wright of Toulon, county judge of Stark county and receiver the investment company of Fischer, Gould Burge, was called the witness chair few minutes before court adjourned day and resumed the stand this morning. Depositors Want Estate. May suit whereby depositors of the defunct Savings bank of are manding that heirs of the Fischer estate give their Edgewater Beach Chicago, expectto be referred Chancery Bartlett Gray of Geneseo by Judge Searle this Suit for of this valuable property made 1928 between Ottawa, first part, Charles Terry, ceiver of the Savings bank of KeThe receiver claims fulfilled heirs of the Fischer estate. The late John Fischer was president of the defunct Savings bank of Kewanee. Scott, Bancroft MacLeish, Chicago, represent the Fischers and Cummings and James Andrews, represent the receiver.