Stronghurst State Bank - Stronghurst, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 5, 1934
Location: Stronghurst, Illinois (40.747, -90.904)

Metadata

Model: gpt-5-mini
Short Digest: 581c002e

Response Measures

None

Description

Article (The La Harper, 1934-01-05) states Roy K. Adair is receiver for Stronghurst State Bank and other local state banks; indicates the bank is in receivership and business being conducted from LaHarpe office. No mention of a depositor run — this is a suspension/closure with a receiver (government action).

Events (2)

1. January 5, 1934 Receivership

Newspaper Excerpt: Roy K. Adair, who is receiver for Dallas City, Adrian, Lomax, Stronghurst and Media state banks opened an office in the LaHarpe State Bank building where the business of all these banks will be conducted.,event_type:receivership }
Source: newspapers

2. January 5, 1934 Suspension

Cause: Government Action
Cause Details: A receiver (Roy K. Adair) was appointed to manage Stronghurst State Bank along with several other state banks; operations consolidated at LaHarpe office.
Newspaper Excerpt: Roy K. Adair, who is receiver for Dallas City, Adrian, Lomax, Stronghurst and Media state banks opened an office in the LaHarpe State Bank building where the business of all these banks will be conducted.
Source: newspapers

Newspaper Articles (1)

1. January 5, 1934 The La Harper La Harpe, IL

Article from The La Harper, January 5, 1934

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Article Text

Opens Office Here. Roy K. Adair, who is receiver for Dallas City, Adrian, Lomax, Stronghurst and Media state banks opened an office in the LaHarpe State Bank building where the busi*ness of all these banks will be conducted. He will save money in the ill deal as it was necessary to have heat these bank buildings and it will be easier to handle the business as he will have the books on hand all time.