5261. Logansport Loan & Trust Company (Logansport, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust
Start Date
September 1, 1931*
Location
Logansport, Indiana (40.754, -86.357)

Metadata

Model
gpt-5-mini
Short Digest
0a2e9d363360080d

Response Measures

None

Description

Articles report the bank has been closed since the president, George Hilton, was found shot to death in September 1931, and the state banking commissioner filed a petition for appointment of a receiver (hearing set Oct 6). No run is mentioned; the closure led to receivership.

Events (2)
1. September 1, 1931* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank closed following death of its president, George Hilton; closure began in September 1931.
Newspaper Excerpt
which has been closed since George Hilton, President, was found shot to death in his car near here, September
Source
newspapers
2. October 1, 1931 Receivership
Newspaper Excerpt
today filed petition for appointment of receiver for the Logansport Loan and Trust Company ... Judge John B. Smith, designated October 6 as the date for hearing on the petition.
Source
newspapers

Newspaper Articles (2)
1. October 1, 1931 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, October 1, 1931

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Article Text

ASKS FOR BANK RECEIVER Logansport Ind. September Luther State Bank Comtoday filed a petition for appointment receiver for the Logansport Loan and Trust which has been closed since found shot to death in his car near Smith designated 6 as the for hearing on the

2. October 1, 1931 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, October 1, 1931

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Article Text

ASKS FOR BANK RECEIVER Logansport, Ind. September Luther F. State Bank missioner, today filed petition for appointment of receiver for the Logansport Loan and Trust Company which has been closed since George Hilton, President, was found shot to death in his car near here, September Judge John B. Smith, designated October 6 as the date for hearing on the petition.