Peoples National Bank - Rock Island, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 2155
Charter Number: 2155
Start Date: February 25, 1920
Location: Rock Island, Illinois (41.509, -90.579)

Metadata

Model: gpt-5-mini
Short Digest: d1e207ae

Response Measures

None

Description

OCR text is garbled but clearly states the People's/Peoples National Bank had a receiver/operator appointed by Mayor Harry H. Schriver. No mention of a prior run or later reopening in the provided excerpt. Classified as suspension leading to closure/receivership (government action).

Events (3)

1. June 22, 1874 Chartered

Source: historical_nic

2. February 25, 1920 Receivership

Newspaper Excerpt: People's National bank, receivers and operators, has been under appointment of Mayor Harry H. Schriver to take charge of the ...
Source: newspapers

3. May 15, 1926 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. February 25, 1920 Rock Island Argus Rock Island, IL

Article from Rock Island Argus, February 25, 1920

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Article Text

WEDNESDAY-THE ROCK ISLAND ARGUS-FEBRUARY 25, 1920. People's National bank, receiver ers and operators, has been under appointment of Mayor Harry adjourned until March 8. The reH. Schriver to take charge of the PEOPLE GIVING cess, it is said, was taken to allow IN funds, said today. compilation of data for further Mr. Huckstaedt said that quite/a consideration by the jury and to number of subscriptions have been permit the drawing up of several MONEY TO HELP FOR documents which It is understood, paid over to him at the bank. He said that he is awaiting instrucwill be preseted to the court chargtions from the Society of Friends, ing violation of the Lever act. Deliberations are expected to continFEED CHILDREN of Philadelphia, Pa., relative to WOOD ue for two or three weeks after rewhat disposition to make of the funds received by him. convening of the grand jury on March 8. The Society of Friends has charge G. 0. Huckstaedt Says Funds Being Rotary and of the relief work in Germany, and Received for Relief of StarvGreet STARVING vienna began its campaign for funds here ing in Germany. idate. last week when Miss C. M. Wood, PLEADS FOR HELP one of a group of three women who FROM NEIGHBORS investigated conditions in Germany Subscriptions to the $12,000,000 e proposed last summer, obtained the aid of relief fund for starving children in d Wood to Mayor Harry M. Schriver in the Germany have begun to come in; er of ComRome, Tuesday, Feb. 24.-Cardicampaign. with the KiG. O. Huckstaedt, cashier of the nal Piffl, archbishop of Vienna, has