Huntingburg Bank (Huntingburg, IN)

Episode Information

Episode Type
Run → Suspension → Closure
Start Date
February 22, 1929
Location
Huntingburg, Indiana (38.299, -86.955)
Bank Type
state

Metadata

Notes

Failure of the Wallace Milling Co. and related bad loans/warehouse fraud precipitated withdrawals and state-ordered closing; receivership followed.

Events (3)

1. February 22, 1929 Run
Cause
Local Shock
Cause Details
Failure of the Wallace Milling Company and large loans/mortgage to that firm prompted depositor withdrawals and rumors.
Newspaper Excerpt
In February depositors started ... with the result that the bank could not meet their demands
Source
newspapers
2. February 22, 1929 Suspension
Cause
Government Action
Cause Details
State banking commissioner/examiners ordered the bank closed after it could not meet withdrawal demands.
Newspaper Excerpt
the state banking examiners on February 22 ordered its doors closed
Source
newspapers
3. March 11, 1929 Receivership
Newspaper Excerpt
RECEIVER IS APPOINTED FOR HUNTINGBURG BANK ... O. Sanders ... was appointed receiver of the Huntingburg bank suspended business last ... Mr. Sanders took charge immediately
Source
newspapers

Newspaper Articles (17)

Article from Evansville Press, February 24, 1929

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HUNTINGBURG STATE BANK CLOSES DOORS Frozen Assets and Failure of Milling Company Blamed EXAMINER IN CHARGE Vice-President Becker De- clares Depositors Will Not Lose MERRILL R. LANKER Frozen assets and the recent bankof the Wallace Milling resulted Saturday in the failure of the Huntingburg bank to open its doors for business, according to M. state bank examiner was in Huntingburg Saturday going over the books of the institution Lawrence will return again next charge of the bank's affairs until receiver appoint- Hugo Rothert bank president, be interviewed Saturday August Becker, vice president, condition of the bank due to rumors that were circulated that followthe failure the Wallace Milling being known generally that the bank would lose money thru loans Wallace. These Becker started gradual run the bank withdrew their funds Up time bank closed doors approximately had ing about in The loans, which could not called once replenish the depleted cash funds, resulted the of busito hop to Mexico City ness, Becker his fiancee. Eagle Pass is Lawrence said that believed long the regular airway things settled lines leading from Wichita Kans. depositors would be paid in and points north to the Pacific Same Experience Reports spread like that he had The Huntingburg bank underlost or had crashed at some similar about 38 desolate general indusseven hours from the time he reorgandeparted from Abilene, his where- that time and has enjoyed abouts were continued to the present time now its third of the oldCUPID CLIPS WINGS institutions in the OF COL. LINDBERGH The Huntingburg bank was tablished in 1883. first private Eagle" WIII Curtall His Air organization and about year later in Future became state institution. the largest bank Huntingburg MEXICO Feb. and one the largest DuBois riage soon eliminate county Three the bank tacular flights Col. present quarters. which thrilled and worried large the not of said that the bank has no United but the with Friends of family of and building and loan partment who maintain offices say that he has promised Mrs building That business will Morrow curtail greatly his carried on as it was aning ambassador's have objected to the Lawrence said Saturday that prolonged air from bank offionly on account of reorganization and natural dangers of the bank will be made.


Article from The Indianapolis Star, March 11, 1929

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RECEIVER IS APPOINTED FOR HUNTINGBURG BANK O. Sanders of this county was appointed ceiver of the Huntingburg bank. suspended business last which made The appointment Judge durby Special ing recess of the Dubois Circuit Mr. Sanders is cashier of the and for sevhas identieral years fied with the Indiana State Bankers Association Mr. Sanders took charge immediately and in conference Luther Symons of Indianapolis, bank on foot to organize new bank


Article from The Herald, March 15, 1929

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H'burg Bank Receiver Appointed At the hearing for appointment of a receiver for the Huntingburg Bank held here last Saturday, J. Ollie Sanders, cashier of the Birdseye National Bank, was appointed receiver and furnished bond in the sum of $75,000, by Judge pro tem W. S. Hunter. The following new cases were filed in circuit court here this week: Wesley Wade vs. Southern Railway Co. Damage $2000. Richard Meurer by N. M. Meurer vs. Gustave Wissner. Damages $5,000.


Article from Evansville Courier and Press, April 28, 1929

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SIX INDICTED IN FAILURE OF BANK AT HUNTINGBURG JOSEPHINE CONRAD, NEAR DEATH, SAYS SHE FIRED PISTOL BONDS OF $500 President Rothert Charged With Conpiracy to Violate Miss Margaret Maley Slightly Wounded in Row Warehouse Act Following Saturday Morning Party Attended by Socially Prominent, Including G. Woman Mayoralty Candidate Five Officials of Bank, Milling Company Head Named in True Bills April (Special) the arrest of the Huntingand other officials institution warrants sued on grand jury indictments result of the bank's crash, the number now under bond in connection with the case is six Rothert, been president the than years, charged conspirviolate act Others arrested yesterday are: Alvin cashier the bank, charged conspiracy to violate warehouse and embezzlement; Elmer Heitman Louis Poettker, assistant cashiers, charged with TAKEN WEDNESDAY The Don Wallace, head of the Wallace Milling company. Arthur Katterhenry, director of the Huntingburg Both are charged conspiracy to violate the warehouse act Each man was placed under bond on the dictment and all made immedOther indictments were returned the grand jury no arrests those indicted have not been made pub- An incomplete confession, admitting that she had shot her best friend, Miss Margaret 28, through the right thigh, and then turned the weapon herself self was made late yesterday by Mrs. Josephine ("Dodie") Greene Conrad, This partial unsatisfactory in details most since failed establish motive, all that police have obtained to explain shooting affray which took place at the palatial Maley home, 1203 South Second street, at 3:45 o'clock yesterday morning following party at the residence. The indictments against Rothert for the house act the the failure the Wallace Milling company Huntingburg The failure the milling caused the crash of the Hunting burg said The Wallace Milling company failed last Huntingburg bank trustee, holding $150,000 mortgage against the milling firm did it, don't know all the young matron only NEAR DEATH would say Mary's hospital Her very Prosecuting Attorney Menzies Deputy Wilbur Dassel and Chief Detectives Heneisen hesitated question further because condition The bullet 25 calibre and fired from pocket tered right breast Mrs Conrad pierced the liver out again just above the left hip An performed she removed to the hospital WOUND Miss returned hospital first aid suffering wound thigh bullet entered from behind, missed the bone, and came the front the thigh without any great Her recovery Both members group the denied they were the the but admitted earlier acording to police and detectives Mrs. Conrad and Miss Maley inseparable friends despite that apartment 1034 South Mrs. Conrad made home Maley apartment, two blocks Miss BANKS DOORS CLOSED MRS. JOSEPHINE CONRAD the child Mrs. ConJosephine Conrad, better In February, depositors started rad, Josephine Anne lived known as "Dodie" Greene the bank. nurse, Miss Arlie Collins with the result that the near death in St. Mary's hospital The bank could not meet their demands the result suicide attempt the Prosecutor Lindsey Chief state banking examiners home of Miss Maley early eisen. Detectives and the Maurice Bell 22, doors closed morning after shooting and February had placed their Miss the party Maley and rad argument fully which each there being Hey! Hey! Old twin LEFT THE ROOM In Limelight Over Miss Maley then Booze and 'Rents' told when she found Conrad the (By Universal Service) hand ready Bloomington, April herself Maley then struggled with Conrad said told police the struggle was After saw that Miss Maley had been shot, Mrs. Conrad gun her right breast say from the bullet the Maley's thigh concluded that Miss Maley must have fleeing Powder burns the dress and brassiere of Conrad. what close range the TELLS ABOUT PARTY At the hospital yesterday when questioned by Lindsey Chief Conrad stated did that Maley but later the consistently failed assign Mrs Susie Beeler Van Orman present the party the the ing the Van Friday meeting in the interests for mayor the republican ticket Dr. John from Vigo councame here Friday for Mrs. Van Orman, Harold two Hewitt's Haute, returned the McCurdy operated Mrs Orman, where Orman her political Conrad, two Mrs. friends have her came to the and asked them Miss Maley's party. Orman Miss Marietta Sicilia. Miss Jessica Green. Mrs. Conrad and secretary Mrs Orman, went with group to Maley ASKED TO RETURN Mr Orman catch train for and Van Ormans Dr. Hewitt and his friends left o'clock Mrs. Van Orman that time every was (Continued on Page Two)


Article from The Evansville Journal, April 28, 1929

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SIX INDICTED FAILURE OF BANK HUNTINGBURG JOSEPHINE CONRAD, NEAR DEATH, SAYS SHE FIRED PISTOL BONDS OF $500 FIXED President Rothert Charged With Conpiracy to Violate Miss Margaret Maley Slightly Wounded in Row Warehouse Act Following Saturday Morning Party Attended by Socially Prominent, Including G. Woman Mayoralty Candidate Five Officials of Bank, Milling Company Head Named in True Bills April (Special) arrest Hugo Huntingother officials warrants on grand indictments the result the bank's crash, number now under bond in connecwith the case six. Rothert, who has been president the institution than years, charged to violate the Others arrested are: Alvin Eulenstein. cashier the bank. charged conspiracy to violate the warehouse and embezzlement: Elmer Heitman Louis Poettker, assistant cashiers, charged with TAKEN WEDNESDAY The others, are Don Wallace, head the Wallace Milling company, and Arthur Katterhenry, director of the Huntingbank. Both are charged conspiracy to violate the warehouse act. Each man was placed under bond each count the dictment and all made bond immedOther indictments were returned the grand jury but, no arrests names indicted have not been made pub- The indictments against Rothert, for alleged the warehouse act, are the outgrowth of the failure of Wallace Milling comof Huntingburg. The failure the milling company turn caused the crash of the Huntingburg Wallace Milling company failed bank named holding $150,000 mortgage against the milling firm. BANKS DOORS CLOSED In February depositors started the result that the not their and the state February 22, ordered its doors closed. Many had placed their wheat the the Wallace Milling company. Under financial pressure, the milling company the wheat tide the firm over, charged. When dewheat, not had, was the wheat said. was because this that the charging conspiracy violate the warehouse act were brought. An incomplete admitting that she had shot her best friend, Miss Margaret Maley, 28, through the right thigh, and had then turned the weapon herself in of destruction, was made late yesterday by Mrs. Josephine ("Dodie") Greene Conrad, This partial explanation, unsatisfactory in most details since failed to establish motive, all that police have obtained to explain mysterious shooting affray which took place the palatial Maley home, 1203 South Second street, at o'clock yesterday morning following a party at the residence. did it, don't know all the matron, only few months NEAR DEATH would say Mary's hospital. Her recovery very doubtful, say, Prosecuting Attorney Menzies Lindsey, Deputy Wilbur Dassel and Chief hesitated question further because bullet calibre and fired pocket tered the right breast Mrs. Conrad pierced the and abdomen tore out again above the left hip performed she was moved to the hospital WOUND Miss who returned her to from the hospital after receivfirst aid from superficial wound in thigh. The bullet entered missed the front the causing any damage. Her recovery arise. was stated. Both girls, members the younger society group the city. denied that they the time the shooting. but earlier night, acording to police and deMrs. Conrad and Miss Maley were inseparable friends, despite fact that she maintained an apartSouth street, Mrs. Conrad made her home Maley. only blocks Miss Maley's MRS. JOSEPHINE CONRAD the child of Mrs. Josephine Josephine Anne Conrad. lived "Dodie" Greene Conrad, nurse, Miss Arlie Collins. near death St. Mary's hospital The story, pieced together by the suicide the Prosecutor Chief home of Miss Margaret Maley early with Detectives Maurice Bell yesterday morning after shooting and Hamsley, that Maley. the party Miss Maley and Mrs. Conhad an argument. Both fully dressed. but were which each ocupied, there being Hey! Hey! Old twin LEFT THE ROOM Miss Maley then left the bedroom she told them, and when she returned found Mrs. Conrad the small automatic hand ready shoot herself Miss Maley then struggled with Mrs. Conrad. have told the was that had shot, Mrs. Conrad held her right and detectives say. However, from the way which the bullet entered rear Miss detectives concluded Miss Maley must been shot. Powder burns visthe dress and brassiere of showing what close range the TELLS ABOUT PARTY At the hospital late yesterday when Lindsey Chief HenMrs. Conrad first stated she did know that Miss Maley shot, but the failed Mrs Beeler Van Orman present the party preceding the events ing Mrs. Van political meeting in Division Friday for the republican ticket. Dr John state from Vigo who came here Friday campaign for Mrs. Van Orman, Harold Van and two Hewitt's Haute, had the Hotel operated Van Orman her political Miss Maley and Conrad, two Mrs. friends supporting her candidacy. the and asked them Miss Maley's party, Orman Miss Marietta Sicilia, Miss Green. cousin Mrs. Conrad and secretary Mrs. Van went the group to the Maley ASKED TO RETURN Mr. Van Orman catch for Decatur and the Van Orand Dr. Hewitt his friends left at o'clock, Mrs. Van Orman At that time every (Continued on Page Two)


Article from The Herald, May 3, 1929

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SIX ARRESTS Charges of Conspiracy and In Indictments Hugo C. Rothert, president of the Huntingburg bank, and three other officials of institution were arrested Friday on warrants issued on grand indictments the result of the bank's crash on February 22. who has been president the for years, with conspiracy to violate the act. Others arrested Alvin Eulenstein, cashier of the with to violate the charged conspiracy act, and mer Heitman and Louis sistant cashiers, charged with bezzlement. The others who appeared voluntarily and furnished bond last Wednesday, Don Wallace, head the Wallace Milling company, and Arthur director the Huntingburg henry, bank: Both charged with conspirto the warehouse act. placed under bond Each was each count in the indict$500 on all furnished bond immediment and ately. indictments were returned Other the but, no arrests having grand jury made, the names of those indicted been have not been public. The indictments against Eulenstein, Wallace Katterhenry alleged of the warehouse for result the failure of the of Milling of HuntingWallace company The of the milling comburg. is alleged to have brought pany in turn the crash of the Huntingburg about bank. Wallace milling failed The company December. The bank named trustee, holding $150,000 the milling firm. mortgage against depositors started February $230on the bank, that the could 000, with the result demands and the state not meet their banking examiners on February 22 dered its doors closed. Many farmers their wheat of the Wallace Millin the elevators Under financial pressing company sold the the milling company ure, to tide the firm over, wheat the demanded charged. When wheat, not to for their the wheat available, had, nor was this that said. was to the the warehouse act were brought.


Article from The Indianapolis Times, May 13, 1929

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HIGHWAY CHIEF FACES TRIAL Wedeking Indicted Two Weeks Ago: Not Arrested. Albert J. Wedeking, chairman of the state highway commission and cashier of the Dale State Bank, was indicted for violation of the warehouse act two weeks ago, but has not yet been arrested, it was learned today. Details of the charge have not been made public. Prosecutor Stanley Krieg of Dubois county admitted Saturday to the Evansville Press that indictments had been returned against Wedeking and Gilber Landgrebe, Huntington. He said that neither had been arrested, that the offense charged was minor and that bond of $500 would be asked. The indictments are the aftermath of the failure and receivership of the Wallace Milling Company of Huntingburg he said. This failure was said to be the cause of the closing of the Farmers and Merchants Bank, Dale, Nov. 19, 1928, and the Huntingburg State Bank, Huntingburg, Feb. 21, 1929. Both banks were ordered closed by the state banking commissioner. Landgrebe was an official of the Huntingburg bank. Wedeking declared at Dale today that he would have nothing to say regarding the charges until he had been officially notified of them.


Article from Vidette-Messenger of Porter County, May 13, 1929

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A. J. WEDEKING IS INDICTED BY GRAND JURY Chairman State Highway Commission is Charged with Violation of the Indiana Warehouse Act. JASPER, Indiana, May 13—(INS)—Albert J. Wedeking of Dale, Ind., chairman of the Indiana highway commission and former instructor at the University of Nebraska, and Gilbert Landgrebe, a Huntington, Ind., banker, were indicted by the Dubois county grand jury here on April 19th on charges of violating the Indiana warehouse act it was learned here today when it became known that Sheriff Joseph Kordes had warrants for the arrests of the two men. The true bill against the two men was said to have been returned in connection with the receivership of the Wallace Milling company of Huntingburg, Ind., the failure of which was blamed for the closing of the Farmers and Merchants bank of Dale, Ind., a $130,000 institution, and of the Huntingburg, Ind., State Bank, a $500,000 institution. Prosecutor Stanley Krief of the Dubois-Pike joint circuit, whose home is at Petersburg, Ind., said today that bond for the two men would be fixed at $500 each. Inspection of the statutes showed that there are two warehouse acts. One was passed in 1879 and the other in 1921. The penalties range from a $50.00 fine and one year in the county jail to a $5,000 fine and five years imprisonment in the state penitentiary. The joint Dubois-Pike circuit court is presided over by Judge Homer Traylor. The Dale bank closed its doors on November 19, 1928. The Huntingburg bank suspended operations on February 21, 1929. Both banks now are in receivership. State Banking Commissioner Luther F. Symons, has indicated that there may be loss to depositors in both banks. Wedeking was a former instructor in the Valparaiso high school.


Article from The Indianapolis Times, January 10, 1930

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# STATE WILL TAKE # BANK PROBE HAND Accepts Invitation to Join Huntingburg Failure Investigation. Attorney-General James M. Ogden today announced his office will take a hand in a new grand jury in-vestigation of the Huntingburg bank failure being launched upon order of Judge John L. Sumner of the Dubois circuit court. a warehouse of the milling company which was covered by fraudulent warehouse receipts. Similar securities were involved in the Huntingburg bank failure, it was disclosed by C. M. Lawrence, state examiner, who got Symons to order the institution closed and placed in receivership. Hugo Rutherford, Huntingburg, was president of the bank. Directors declared the bank held more than $65,000 in uncollectible assets. Largest borrower was the Wallace Milling Company.


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POCKET PUBLISHERS MEET AT MARENGO Tri-State News INDIANA Gentryville, James W Green. 73. Washington, Joseph Hinkle, 56; 45, Hopkins County farmer, Ray Colbert, 36: Thomas Engdrowns himself in Green River. land, 76. monly known as rabbit fever, proves fatal to John Eberle, 72. Pocket Publishers' League mem- BOONVILLE. Ind.-On a change bers and their families are to of venue. suit of Edwin and Josgather Saturday at Marengo for the eph Muller. Ferdinand mill ownannual mid-summer meeting. Be- against James O. Sanders, 50 and 75 are expected to Huntingburg Bank receiver, is between attend ing heard in Warrick Circuit The meeting was postponed last Saturday, President W. B. Carleton, Boonville publisher explained, hecause of a conflict in dates with the course in journalism at Bloomington B. Thomas. of the Marengo Messenger, will act as host and the Chamber of Commerce will entertain with noon banquet. A visit thru the cave will be one of the afternoon features


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THE EVANSVILLE PRESS Henderson News Tri-State News BANK ORDERED PAY Special Correspondence MT. VERNON, Ind. Diplomas HENDERSON, Ky., May 22.-The are given 75 Mt. Vernon High $35,000 TO BROTHERS Rotary Club has announced plans School seniors at commencement, to entertain the 21 graduates of the Damage Case Result of Wallace Milling Company Crash Junior High School at their next meeting be held Thursday. Garret Withers, Dixon, was the principal speaker at the luncheon yesterday. Special Correspondence "Party" Slayer Freed BOONVILLE, Ind., May 22.-An John Chandler, 35, pleaded guilty echo of the failure of the Wallace to charge of voluntary manMilling Company of Dale slaughter in Circuit Court yesterheard in Warrick Circuit Court day and was given four years in the penitentiary. when Edwin. Frank, James and The charge was reduced from Joseph Muller were wilful murder and the sentence was $35,000 damages from James O. the of CommonSanders, Huntingburg Bank rewealth Attorney Talbot Berry. ceiver. The jury was out only long The Muller brothers charged enough write the directors of the now closed HuntChandler was charged with killingburg Bank advised them to sell ing Frank Balky at the Chandler their mill the Wallace brothers home in Smith Mills Oct. 21 at a and accept stock in the Dale mill party. with Dr. Willis Sutton, Atlanta, Ga., the principal speaker. HOPKINSVILLE, Ky. Sheriff Barrett E. Brown and a posse searched unsuccessfully in wood near Hopkinsville on tip Roscoe Hall Allen Mullen, escaped prisoners, are hiding there. JASPER, Ind. Charged with issuing bad check, W. Barrowman, Huntingburg coal dealer, is held in jail. PRINCETON, Ind.-The Princeton G. A. R. will hold memorial services Memorial Methodist Church, with Rev. Erwin Amahundro to speak. HARRISBURG, III, promiHarrisburg attorney, Alpheus Gustin, is arrested on federal warrant charging dry law violation. as payment. The directors, the Mullers charge, knew at the time that the Wallace Brothers Mill was financially unsound. After the sale, the Wallace mill failed, and Donald and Roland Wallace convicted on charges of violating the state warehouse act. Their appeal is now pending. The Huntingburg Bank crashed with the Dale mill, evidence showed. The jury yesterday returned the verdict after four hours deliberation.


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BANK RECEIVER APPEALS IN VERDICT IN MULLER CASE James Sanders, receiver of the Huntingburg bank, Monday appealed the verdict of damages granted the Muller brothers of Ferdinand against receiver to diana appellate court. Bond for the appeal Frank, Joseph and Erwin Muller, flour mill sold their flour mill to the Wallace Company and accepted stock in the Wallace Milling Company in payment on tion officials the Huntingburg bank, according to evidence brought out at the trial here in May. Immediately following the transaction the Wallace Milling Company placed $40,000 the Ferdinand property and deposited the in the bank. The Wallace Company then and result the Huntingburg bank was forced to close, was contended. The Muller brothers contended that the bank guaranteed the stock the Wallace Milling Company and that the bank money and result the Muller brothers should paid by the receiver of the defunct bank. Damages of were granted the Muller by the jury after only few hours' deliberation.


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News From Our Exchanges BANK RECEIVER APPEALS IN VERDICT IN MULLER CASE James O. Sanders, receiver of the Huhtingburg bank, on Monday appealed the verdict of $35,000 damages granted the Muller brothers of Ferdinand against the receiver to the Indiana appellate court Bond for the appeal was set at $40,000. Frank, Joseph and Erwin Muller, owners of a flour mill in Ferdinand, sold their flour mill to the Wallace Milling Company of Huntingburg and accepted stock in the Wallace Milling Company in payment on recommendation of officials of the Huntingburg bank, according to evidence brought out at the trial here in May Immediately following the tranasction the Wallace Milling Company placed a $40,000 mortgage on the Ferdinand property and deposited the money in the Huntingbu bank The Wallace Company then failed and as a result the Huntingburg bank was forced to close, it was contended The Muller brothers contended that the bank guaranteed the stock of the Wallace Milling Company and that the Huntingburg bank received the money and as a result the Muller brothers should be paid by the receiver of the defunct bank Damages of $35,000 were granted the Muller brothers by the jury after only few hours deliberation.-The Boonville Enquirer OTHER DECEMBER MEETINGS December 9. 10 and 11 will be the dates of the annual township trustees' meeting in Indianapolis. A well arranged program has been prepared. December 10 and 11 is the date for the meeting of the Indiana Historical Society in Indiarapolis. Many business and professional people in Indiana are members of this organization. In addition to thsoe members in Dubois County additional letters of invitation have gone out to others. Dr. Christopher, B. Coleman, State House, Indianapolis, is the secretary and will receive applications for membership. Sure, there's a difference. Bologna is in Italy. Boloney is in New York.


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BANK RECEIVER SETTLES FERDINAND FIRM CLAIM BOONVILLE Sept. 29.-(Special) James O. Sanders, receiver of the Following the banquet parade was held from the hotel to the high Huntingburg bank, yesterday paid school, led by the Cannelton band $11,750 to Henry Shafer, clerk of the and the Tell City American Legion Warrick circuit court, for Mueller drum and bugle corps Brothers of Ferdinand. The amount INDIANA PRECINCTS NINE represents compromise of judgment for $35,000 granted the Mueller SHORT OF TOTAL IN 1930 Brothers when tried in circuit court here more than year ago. Indiana has 3,691 precincts this year Mueller Brothers, operating flour a loss of nine over that of 1930, mill in Ferdinand, sold their mill to was announced yesterday by J. Otto the Wallace Brothers Milling com- Lee, clerk of the state board of elec pany of taking as pay- tiin who completed ment stock of the Wallace Milling cimpilation of the new list of precompany They accepted the stock cincts. on the guarantee of Hugo Rothert. Since 1930 Brown county lost five president of the Huntingburg bank Delaware gained three: Greene gained and an officer in the milling com- three: Jasper gained one Clark pany, that the stock was good and gained one: Lake lost 15: Morgan lost worth the value placed on it, it was one: Porter lost and St. Joseph brought out in court. gained five


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BANK RECEIVER SETTLES FERDINAND FIRM Boonville, Sept. Sasders, receiver of the Huntingburg bank, today paid Henry Shafer, clerk of the Warrick circuit court, for Mueller Brothers of Ferdinand. The amount represents compromise of judgment for granted the Mueller Brothers when tried in circuit court here more than year ago. Mueller Brothers, operating flour mill in Ferdinand, sold their mill to the Wallace Brothers Milling company of Huntingburg. taking as payment stock of the Wallace Milling company. They accepted the stock on the guarantee of Hugo Rothert, president of the Huntingburg bank and an officer in the milling company, that the stock was good and worth the value placed on it was brought out in Evansville Courier.


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BANK RECEIVER SETTLES FERDINAND FIRM CLAIM James O. Sanders, receiver of the Huntingburg bank, on Wednesday of last week, paid $11,750 to circuit court, for Mueller Brothers of Ferdinand. The amount represents a compromise of a judgment for $35,000 granted the Mueller Brothers when tried in circuit court here more than a year ago. Mueller Brothers, operating a flour mill in Ferdinand, sold their mill to the Wallace Brothers Milling company of Huntingburg, taking as payment stock of the Wallace Milling company. They accepted the stock on the guarantee of Hugo Rothert, president of the Huntingburg bank and officer in the milling company, that the stock was good and worth the value placed on it, it was brought out in court. JUNIOR MUSIC CLUB MEETS (By Juanita Shafford, Press Rep.) The September meeting of the Junior Music Club was held at the home of Miss Harriett Melchior. There were two guests present—Misses Mildred Steffen and Mildred Mehling. After the roll call, to which responses on Stephen Foster were given, the club had their first lesson in group singing. These lessons are given by the sponsor, Mrs. Helen Haberly, and are to be given at each meeting. The American composer studied at this meeting was Stephen Foster, and the following program was given: Paper—"Conditions Affecting the Development of American Music"—Leona Pfau. Piano Duet—"Old Folks at Home"—Martha Rasche and Valerie Eckerle Vocal Solo—"Hard Times Come Again No More"—Marianna Gutgsell; piano, Loretta Dudine Violin Solo—"Massa's in the Cold, Cold Ground"—Helen Neukam; piano, Bernice Schneider Biography of Stephen Foster—Mildred Berger Quartett—"Uncle Ned"—Lillian Jerger, Mary Catherine Steinkamp, Elinor Seng, Carolyn Kunkel; piano, Mrs. Haberly Piano solo—"Old Black Joe"—Loretta Dudine Vocal Duet—"My Old Kentucky Home"—Mildred Hemmerlein and Adelaide Lottes; piano, Carolyn Seibert. During the social hour charades were played, and the prize given by the hostess was won by Helen Neukam. The club then adjourned to meet the next time at the home of Miss Marcella Schwartzmiller.


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BANK RECEIVER.TO PAY ANOTHER DIVIDEND In another column of this issus will be found an official notice by J. 0. Sanders, receiver for the Huntingburg Bank regarding the payment of a five percent dividend to the bank's creditors. This will make a total of seventy-five percent repaid to creditors. Mr. Sanders arranged for a distribution at this time feeling that it would be of assistance to creditors in meeting their spring installment of taxes, and other expenses incident to the planting of crops at this season of the year.