5063. Morrisonville State Bank (Morrisonville, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 2, 1930
Location
Morrisonville, Illinois (39.420, -89.456)

Metadata

Model
gpt-5-mini
Short Digest
dc35641a

Response Measures

None

Description

Articles (Aug 1930) report the Morrisonville State Bank is in receivership (receiver R. F. Wahl), with suits against directors and stockholders related to excess loans/assessments. No run is mentioned; the bank is in receivership (closed) — classify as suspension leading to closure (suspension_closure).

Events (2)
1. August 2, 1930 Receivership
Newspaper Excerpt
Morrisonville State Bank Receiver Sues Directors TAYLORVILLE-R. F. Wahl, receiver for the Morrisonville State bank, through his attorney ... filed suit Thursday ... charging them with excess loans in the sum of $100,000.
Source
newspapers
2. August 26, 1930 Other
Newspaper Excerpt
MORRISONVILLE BANK RECEIVER DISMISSES 2 STOCKHOLDER SUITS Receiver Wahl of the Morrisonville State bank has dismissed the suits against two of the stockholders of this bank as they have paid their stock assessment.
Source
newspapers

Newspaper Articles (2)
1. August 2, 1930 Herald and Review Decatur, IL
Article from Herald and Review, August 2, 1930

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Article Text

Morrisonville State Bank Receiver Sues Directors TAYLORVILLE-R. F. Wahl. receiver for the Morrisonville State bank. through his attorney Leal W. Reese filed suit Thursday in the circuit court against the directors of the bank charging them with excess loans in the sum of $100,000. DIES IN SPRINGFIELD Luella Landon. a former resident of Clinton. died Friday. in her home in Springfield, of pneumonia. She was a sister of the late Mrs. H. B. Remington of Clinton. whose hubsand was formerly manager of the Blue Valley creamtry The funeral was held in Spring-

2. August 26, 1930 The Taylorville Daily Breeze Courier Taylorville, IL
Article from The Taylorville Daily Breeze Courier, August 26, 1930

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Article Text

MORRISONVILLE BANK RECEIVER DISMISSES 2 STOCKHOLDER SUITS Receiver Wahl of the Morrisonville State bank has dismissed the suits against two of the stockholders of this bank as they have paid their stock assessment. The suits were dismissed against Georgé L. Diehl and W. H. Barry.