5375. West Salem State Bank (West Salem, IL)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 1, 1928*
Location
West Salem, Illinois (38.521, -88.005)

Metadata

Model
gpt-5-mini
Short Digest
b49132ef

Response Measures

None

Description

Articles (Nov-Dec 1930) state the West Salem State Bank has been closed about two years and that Stuart Walser was receiver. No mention of any depositor run, reopening, or takeover — bank remained closed and had a receiver, so classify as suspension leading to closure. Receiver Stuart Walser committed suicide in the bank on 1930-11-12.

Events (3)
1. November 1, 1928* Suspension
Cause Details
Article states the bank 'has been closed about two years' (no cause given in the excerpts).
Newspaper Excerpt
the West Salem State Bank, which has been closed about two years
Source
newspapers
2. November 12, 1930 Other
Newspaper Excerpt
His body found by Mrs. Sybil Fishel, employe the bank, when she reported for work this morning. ... Stuart Walser ... shot and killed himself in his bank at West Salem.
Source
newspapers
3. * Receivership
Newspaper Excerpt
Stuart Walser... receiver for the West Salem State Bank, which has been closed about two years, ... shot and killed himself in the rooms of the West Salem State Bank early this morning.
Source
newspapers

Newspaper Articles (6)
1. November 12, 1930 St. Louis Post-Dispatch St. Louis, MO
Article from St. Louis Post-Dispatch, November 12, 1930

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Article Text

CASHIER TAKES HIS OWN LIFE IN WEST SALEM, ILL., BANK Stuart Walser Receiver for Two Closed Depositories, Officer in Another One. Special to WEST SALEM, Nov. Stuart years cashier the First Bank and ceiver for the West Salem State Bank, which has been closed about two years, and for the Bone Gap State Bank, near here, which closed months ago, shot and killed himself inner rooms of the West Salem State Bank early this morning. His body found by Mrs. Sybil Fishel, employe the bank, when she ported for work this morning. Members of his family said had been suffering from asthma audit of the for many years. books of the First National Bank this morning by Federal bank examiners. The ination was part of the regular routine.

2. November 13, 1930 St. Louis Post-Dispatch St. Louis, MO
Article from St. Louis Post-Dispatch, November 13, 1930

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CASHIER TAKES HIS OWN LIFE IN WEST SALEM, ILL., BANK Stuart Walser Was Receiver for Two Closed Depositories, Officer in Another One. Nov. 45 of the First National Bank and for the West Salem State Bank, which has been closed about and for the Bone Gap State Bank, which closed months and killed of West Salem rooms this morning. found by an at the ported for this Bank His body was found by Mrs. Fishel, an ploye at the bank. when she ed for work this morning. Members of his family had been suffering from asthma for many years. An audit of the books of the First National Bank was started this morning by Federal bank examiners. The examwas part of the

3. December 4, 1930 The Colfax Press Colfax, IL
Article from The Colfax Press, December 4, 1930

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recently reopened was held Bartonville State bank took $10,000 by robber, and escaped. Albert Miller, for 20 Goebel hotel the years Granite City. committed suicide himself. The Eaton elevator at Allerfederal referee by the ton Johnston of bankruptcy Danville for Prof. Alfred Willgeroth nppointed director music Rockford college, Mrs. Laura Grant Short, died Cecil twenty eight. of burned death the his hard road near Joseph Pence, for many years highPana township commissioner Jess Pence Taylorand brother, died his home Pana. Thomas Watson, employed Orient mine died from burns shot he tamping received when the face the exploded. was Hanson, found dead shot wound brush his home north Morris. Police the death was accidental. Close $25,000,000 Christmas ings will distributed among 450,000 of county. The figures after 277 banks submitreports. Three hundred members of the Legion day down trees and chopping be given during the winter families Identified oil station attendrobbed of who Fred Glidden Kewanee has been bound Champaign county grand John Zeman. of Pedrowned from which and hunting was overturned by rough ter the Displaying Minkler apple that inches in weighed Ralph Bryce, orchardist Irving. claimed the record raising the largest apple in Illinois this Two the oldest banking Institumerged tions Henry county the announcement the solidation the First National Bank Cambridge the Farmers' National Bank Cambridge. Chicago, was Mrs. Mary elected regent the Illinois DaughIsabella the semiannual ters Kanchosen for the next state kakee May. Earl Hanson, principal the Rock Island high elected presiKiwanis Other offinamed Vice KenPopplewell: Burtreasurer, Robert Gilloley. Island and killed Zoaney Merreighn. thirtyfather children. when they sought arrest him arson charge. detectives said Merreighn moved though draw revolver. Kidnaped, his and money stolen, bound securely that he lay helpless field eight hours, Alof Anderson Jamestown, aviator, found Topeka Walter Kleier, farmer, upon whose land left. house plan has been abandoned vigorous protest by the chamber has plan seek jobs No plans for feeding hungry awaiting Jobs for 10,000 are to be prothe the year through of school buildings total cost of more than according the nouncement William Bogan, superintendent of Chicago schools. Stuart Walser, cashier of the First National bank receiver for the West Salem State bank, which has been closed about years, shot and killed himself his bank at Salem. Members of family said Walser suffered from asthma for years. Keeping company pupil grounds teacher, Mercer county court ruled in jury Ella $400 awarding back salary her against the Boston board education. board "fired" teacher last because she high school senior. Her first the she awarded the amount of her back ary. Mayford. member of the Alton department for than years, appointed chief police Peter Fitzgerald, elected sheriff November sergeant in recent years. small banks In Illinois and Missouri communities near Quincy have closed. These the Farmers and Merchants Grange, Rutledge Exchange of Rutledge, the Downing State Downing, the Bartlett Wallace State of Clayton, and the Timewell State TimeDonald Harper, Mrs. Glenn Brown Louisville, has probably the largest number any child Illinois. He has ten all their ages total six hundred sixty-six years. indicted the Hengrand jury for the for Earl Yocum, Galva banker. Those that Harry and Orville Wiskers, Vernon and Lloyd Cambridge except Orhere whom the authoriare searching.

4. December 5, 1930 The Bethany Echo Bethany, IL
Article from The Bethany Echo, December 5, 1930

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ILLINOIS recently reopened State bank Bartonville was held by robber, took $10,000 and escaped. Albert Miller, for years employee of the Goebel hotel Granite City, committed suicide himself. The Eaton elevator at Allerton was sold by the federal referee bankruptcy Johnston Danville for Prof. Alfred Willgeroth appointed director of music at Rockford college, succeeding Laura Grant Short, who died recently. Blandinsville was burned to death when his automobile overturned the hard road near Joseph Pence, for many years highPana township and brother of Pence of Taylorville, died at his home in Pana. Thomas Watson, employed Orient mine died from burns received when shot he tamping the face coal exploded. Abel Hanson, was found dead of shot wound brush pile near his home north Morris. Police believed the death was accidental. Close to $25,000,000 Christmas savIngs will distributed among 450,000 residents of Cook county. The figures checked after 277 banks submitted reports. Three hundred members of the American Legion spent day sawing down trees and chopping wood to given during the winter to of Jobless men. Identified by an oil station attendant the man who robbed him of Fred Glidden Kewanee has been bound over to the Champaign county grand jury. John Zeman, of Peoria, was drowned when boat from which he and two companions were hunting was overturned by rough ter on the Illinois river. Displaying Minkler apple that measured Inches in diameter and weighed eighteen ounces, Ralph Bryce, orchardist near Irving, claimed the record for raising the largest apple in Illinois this season. Two of the oldest banking Institutions in Henry county were merged with the announcement of the consolidation of the First National Bank of Cambridge and the Farmers' National Bank Cambridge. Mrs. Mary Lawson, Chicago, elected regent of the Illinois Daughters of Isabella at the semiannual state convention in Bloomington. Kankakee was chosen for the next state meeting, to be held May. Earl Hanson, principal the Rock Island high school, was elected president of the Kiwanis club. Other officers named Vice president, Kenneth Popplewell; trustee, Burtreasurer, Robert Gilloley. Rock Island detectives shot and killed Zoaney Merreighn, age thirtysix, father four children, when they sought to arrest him on an arson charge. The detectives said Merreighn moved as though to draw revolver. Kidnaped, his car and money stolen, and bound securely that helpless field for eight hours, Alof Anderson of Jamestown, aviator, was found near Topeka by Walter Kleler, farmer, upon whose land he was left. house plan has been abandoned in Danville after vigorous protest by the chamber of commerce. has another plan and will seek Jobs for the unemployed. No plans for feeding the hungry while awaiting Jobs have been announced. Jobs for 10,000 men are to be pro vided by the first the year through the of 13 new school buildings total cost of more than $20,000,000, according to the nouncement of William Bogan, superintendent of Chicago schools. Stuart Walser, cashier of the First National bank and receiver for the West Salem State bank, which has been closed about two years, shot and killed himself In his bank West Salem. Members his family said Walser suffered from asthma for years. Keeping company with pupil grounds for dismissal of teacher, in Mercer county court ruled In awarding Miss Ella Deweiler $400 back salary in her suit against the New Boston board of education. The board "fired" teacher last December because went around with Charles Bayner, high school senior. Her dismissed. but on the retrial she awarded the amount of her back ary. George member the Alton city police department for more than years, appointed chief police to Peter Fitzelected sheriff November has been sergeant in recent years. Six small banks in Illinois and Miscommunities near Quincy have closed. These the Farmers and Merchants of Grange, the Rutledge Exchange of Rutledge, the Downing State of the Bartlett and Wallace State of Clayton, and the Timewell State of Time-

5. December 11, 1930 The Kinmundy Express Kinmundy, IL
Article from The Kinmundy Express, December 11, 1930

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ILLINOIS News Notes The recently reopened Bartonville State bank at Bartonville was held by robber, who took $10,000 in up cash and escaped. Albert Miller, sixty-three, for years employee of the Goebel hotel Granite City, committed suicide hanging himself. The Eaton elevator at Allerton was sold by the federal referee in bankruptcy H. Johnston of Danville for $7,750. Prof. Alfred Willgeroth was pointed director of music at Rockford college, succeeding Mrs. Laura Grant Short, who died recently. Cecil Sweasey, Blandinsville was burned to death when his automobile overturned the hard road near Roseville. Joseph Pence, for many years highcommissioner of Pana township and brother of Jess Pence of ville, died at his home in Pana. Thomas Watson, employed Orient mine died from burns received when shot he was tamping in the face of the coal exploded. Abel Hanson, found dead of shot gun wound brush pile near his home north of Morris. Police believed the death was accidental. Close to $25,000,000 Christmas Ings will be distributed among 450,000 residents of Cook county. The figures were checked after 277 banks submitted reports. Three hundred members of the American Legion spent day sawing down trees and chopping wood to be given during the winter to families of jobless men. Identified by an oil station attendthe who robbed him of ant as man D. Glidden of Kewanee has $128, Fred been bound over to the Champaign county grand jury. John Zeman, twenty-nine, of drowned when boat from oria, was which he and two companions were hunting was overturned by rough ter on the Illinois river. Displaying Minkler apple that six Inches in diameter and measured weighed eighteen ounces, Ralph Bryce, Irving, claimed the orchardist near for the largest apple in record raising Illinois this season. Two of the oldest banking institutions in Henry county were merged with the announcement of the consolidation of the First National Bank of Cambridge and the Farmers' National Bank of Cambridge. Mrs. Mary Lawson, Chicago, elected regent of the Illinois DaughIsabella at the semiannual ters convention in Bloomington. Kanstate kakee was chosen for the next state to be held May. Earl Hanson, principal of the Rock Island high school, was elected president of the Kiwanis club. Other officers named Vice president, Kenneth Popplewell: trustee, Burtreasurer, Robert Gilloley. Rock Island detectives shot and killed Zoaney Merreighn, age thirtysix, father of four children. when they sought to arrest him on an arson charge. detectives said Merreighn moved as though to draw revolver. Kidnaped, and money stolen, bound securely that he lay and helpless field for eight hours, Alof Anderson of Jamestown, aviator, was found near Topeka an by Walter Kleier, farmer, upon whose land he was left. The soup house plan has been abandoned in Danville after vigorous protest by the chamber of commerce. has another plan and will seek Jobs No plans for for the unemployed. feeding hungry while awaiting Jobs have been announced. Jobs for 10,000 men are be provided the first of the year through by construction of 13 school the buildings at total cost of more than according to the announcement William Bogan, superintendent of Chicago schools. Stuart Walser, cashier of the First National bank and receiver the West Salem State bank, which for has been closed about two years, shot killed himself In his bank at West and Members of his family said Salem. Walser suffered from asthma for years. Keeping company with pupil dismissal of teacher, grounds in Mercer county court ruled jury Miss Ella Deweller $400 awarding her suit against the back salary New Boston board of education. The board "fired" the last December because she teacher went around with Charles high school senior. Her first suit dismissed, but the retrial she was of her back salawarded the amount ary. member of the George Mayford. Alton city police department for more than years, was appointed chief of police succeed Peter Fitzelected sheriff November gerald, has been sergeant years. Six small banks in Illinois and Miscommunities near Quincy have closed. These were the Farmers and of La the RutMerchants of the ledge Exchange State of the Downing Bartlett and Wallace State and the Timewell State of well,

6. October 23, 1931 Daily Republican-Register Mount Carmel, IL
Article from Daily Republican-Register, October 23, 1931

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LIFE SKETCH OF COUNTY JUDGE D. A. MACAULAY ALBION. Oct. 23.-David A Macauley, county judge of Edwards county and a leader in financial eircles in Albion for number of years, passed away at the Olney sanitarium Tuesday at noon. For some months Mr. Ma cauley has been in poor health. He suffered breakdown in health last spring Last ednesday he was taken to the Olney hospital after his condition had become quite serious. Death was caused by complications. He was 58 years, 11 months and 11 days of age. Mr. Macauley was a son of David and Margaret Job Macauley was born in New York City on November 9. 1872, and came to Albion when 11 years old, with his mother following the death of his father in the East. When his mother remarried he went into the home of his uncle and aunt, the late Thomas and Mrs. Eliza Crome, north of town. He attended the S. C. and graduated with the class of 1893. He entered the law and completing was graduated and the bar in Missouri. Mr. Macauley was elected states' attorney in 1904 in AIbion and filled that office until as deputy in the court house. In he was re-elected in 1930. Mr. Macauley was for a num ber of years director and officer of the First National bank and later the National bank of Albion. He was president of the Browns State bank and receiver of the First State bank of Bone Gap and the West Salem State bank. At the time of his death Judge Macauley was a member of the library In 1913 the deceased was married to Miss Alice Painter who with one son, Hubert, survives. He also leaves sister, Mrs. John Stroup of Carbondale, a half sisand half brother, Thomus Pettigrew of Ellery Deceased was a member of the Presbyterian church of Albion and also member of the Mount Carmel lodge of B. P. O. E. the Presbyterian church here on Thursday morning at 10:30. Interment was made in Graceland.