5096. Nokomis National Bank (Nokomis, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
1934
Charter Number
1934
Start Date
January 21, 1933
Location
Nokomis, Illinois (39.301, -89.285)

Metadata

Model
gpt-5-mini
Short Digest
7c91dc53

Response Measures

None

Description

Articles report the Nokomis National Bank closed Jan 21, 1933 and a receiver was later placed in charge; no run is described. Although one article mentions a moratorium Jan 24, the closure date in the Feb 18 article is Jan 21. Attempts to reorganize/reopen were mentioned, but a receiver was appointed and liquidation was to proceed, indicating permanent closure/receivership.

Events (3)

1. January 21, 1933 Suspension
Cause
Government Action
Cause Details
Bank closed and placed under moratorium/was closed by authorities (bank moratorium mentioned); suspension led to liquidation proceedings.
Newspaper Excerpt
the Nokomis National bank, which closed Jan. 21.
Source
newspapers
2. February 7, 1933 Other
Newspaper Excerpt
Nokomis National Bank was hands the national ner today after it had under bank moratorium January 24. John assistant bank examiner, was placed of the bank at charge
Source
newspapers
3. February 18, 1933 Receivership
Newspaper Excerpt
Ray M. Cook, of Christopher, receiver ... has been placed in charge of the Nokomis National bank, which closed Jan. 21. The receiver announces that the business of liquidating the bank's affairs will proceed, pending the outcome of attempts now being made to reorganize and reopen the bank.
Source
newspapers

Newspaper Articles (2)

Article from The Taylorville Daily Breeze Courier, February 7, 1933

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Article Text

NOKOMIS IS IN CHARGE Feb. Nokomis, Nokomis National Bank was hands the national ner today after it had under bank moratorium January 24. John assistant bank examiner, was placed of the bank at charge


Article from The Decatur Daily Review, February 18, 1933

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Article Text

MOWEAQUA LOSES TO COWDEN FIVE NAMED BANK RECEIVER. Nokomis Ray M. Cook, of Christopher, receiver of two closed banks at Mt. Olive and one at Gillespie, has been placed in charge of the Nokomis National bank, which closed Jan. 21. The receiver announces that the business of liquidating the bank's affairs will proceed, pending the outcome of attempts now being made to reorganize and reopen the bank. PLEASURE Tit-Bits-An American was walking through "Devil's Glen. private estate in England, when he happened to meet a choleric old man who shouted: "What do you mean, sir, by trespassing on my property? "Great Scott!" replied the American. knew this was the Devil's Glen. but didn't expect to meet the proprietor!" VACATION FOR HIM. Pathfinder- must be having a pretty tiresome summer by not going on vacation?" "On the contrary; my wife and mother-in-law are at the seashore." continued its rampant basket shooting here Friday night to beat Moweaqua for the second time this season by 38 to 19 margin. The winners piled up a 25 to halftime lead. Moweaqua (19) Cowden (38) Anderson.f Thomason.f Powers.f Weaver.g Totals Totals 17 Moweaqua