5038. Citizens Bank (Hope, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 14, 1930
Location
Hope, Indiana (39.304, -85.771)

Metadata

Model
gpt-5-mini
Short Digest
c83fcfd77452dec6

Response Measures

None

Description

Articles identify Citizens Bank of Hope, Indiana as defunct with a court-appointed receiver bringing actions (1930) and obtaining judgments (1931). No newspaper text describes a depositor run; the presence of a receiver indicates the bank closed and was placed in receivership. Therefore classified as a suspension (closure) with no run reported.

Events (2)
1. June 14, 1930 Receivership
Newspaper Excerpt
Charles Ellis, receiver for the defunct Citizens bank Hope, Ind., has filed federal court here ... the transfer, made Nov. 1929, alleged the receiver, was for the purpose evading payment by $3,800 held by the bank.
Source
newspapers
2. March 21, 1931 Receivership
Newspaper Excerpt
Judgment in the sum of $690.93 ... given plaintiff ... in the names mortgage, demanding of AusLandis ... Hope Citizens bank. ... Judge Baker entered the judgment and ordered the mortgage foreclosed.
Source
newspapers

Newspaper Articles (2)
1. June 14, 1930 The Kokomo Tribune Kokomo, IN
Article from The Kokomo Tribune, June 14, 1930

Click image to open full size in new tab

Article Text

Receiver Brings Action Indianapolis, June Charles Ellis, receiver for the defunct Citizens bank Hope, Ind., has filed federal court here to aside convertance by Mrs. Ursula Barnes her children of land in Bartholo166 acres county. The transfer, made Nov. 1929, alleged the receiver, was for the purpose evading pay. Mrs. Barnes of note for ment by $3,800 held by the bank. The value of the land set at $14,000.

2. March 21, 1931 The Republic Columbus, IN
Article from The Republic, March 21, 1931

Click image to open full size in new tab

Article Text

BANK RECEIVER GETS JUDGMENT FOR $690.93 sity law school former nationJudgment in the sum of $690.93 commander of the American given plaintiff circuit yesterday Judge Charles Local Pastor Mentioned. Baker foreclose In the names mortgage, demanding of AusLandis, outspoken tin the gansport publisher Hope Citizens bank. against Gaithwriter: Maj. Gen. EverRobertson and Christina Robchief of the nation's ertson. and Springer, Judge Baker entered the judg- former state after the defendants mander the probable been called defaulted. The candidates the gubernatorial was ordered foreclosed.