Ashley State Bank - Ashley, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 15, 1931
Location: Ashley, Indiana (41.526, -85.067)

Metadata

Model: gpt-5-mini
Short Digest: f28ed17f

Response Measures

None

Description

Article (Garrett Clipper, 1933-08-07) reports Ashley State Bank had suspended prior to Jan 15, 1931 and is in liquidation (Wm. C. Henderson is liquidating agent). No run is described in the text. Classification: suspension with permanent closure/liquidation.

Events (2)

1. January 15, 1931 Suspension

Cause Details: Article simply states the bank 'suspended' before completing a Jan. 15, 1931 draft; no explicit cause given.
Newspaper Excerpt: the agent of the railroad at Ashley had secured draft for that amount at the bank on Jan. 15, 1931, to transfer the money to St. Louis, but the bank suspended before the transaction was completed.
Source: newspapers

2. August 7, 1933 Receivership

Newspaper Excerpt: The Wabash Railway Co., Saturday secured a judgment of $259.60 in the DeKalb circuit court against the Ashley State bank and Wm. C. Henderson, liquidating agent.
Source: newspapers

Newspaper Articles (1)

1. August 7, 1933 Garrett Clipper Garrett, IN

Article from Garrett Clipper, August 7, 1933

Click image to open full size in new tab

Article Text

Social and Personal 486-W. Painting and papering. Elam.* Phone 206, Auburn, for quality laundry service. Reverse charges. Auburn Laundry. Mrs. Katherine Miller of Smithfield township, was returned to the Richmond State hospital Saturday by Sheriff John P. Hoff. She was formerly an inmate at the institution. Property on South Harrison street in Garrett involved in the foreclosure suit of the Peoples Saving and Loan Association against Nella Hollopeter and others was bid in at sheriff's sale by the plaintiff Saturday for $1,905. Frank C. Nelson. against whom a judgment of $156.93 recently entered in the DeKalb circuit court in suit on an account brought by the Northern Indiana Fuel & Light Co., Saturday filed a motion for a new trial. The complaint of Elizabeth Keck Syphers against Hugh B. Olds and others to foreclose a real estate mortgage has been venued from the superior court of Allen county to the DeKalb circuit court. The amount of the demand is $25,000. Gross income tax payments for the two month period ending July 15 totalled $1,349,201. Clarence Jackson, administrator of the law, announced at Indianapolis Saturday The payments were made on 130,641 returns, Jackson said. The average payment was $10.33. Second payments under the new law will be due Oct. 15, Jackson explained. In the divorce suit of Ida LaFevor of Fairfield township, against John H. LaFevor. the residence of the plaintiff was proven by testimony given in the DeKalb circuit court Saturday and the hearing was then continued to Sept. 6. Cruelty is the charge in the complaint. Mountz & Mountz are attorneys for the plaintiff and R. S. Emerick for the defendant The Wabash Railway Co., Saturday secured a judgment of $259. 60 in the DeKalb circuit court against the Ashley State bank and Wm. C. Henderson, liquidating agent. The agent of the railroad at Ashley had secured draft for that amount at the bank on Jan. 15, 1931, to transfer the money to St. Louis, but the bank suspended before the transaction was completed. Best & Hubbard are attorneys for the railroad and Mountz & Mountz for the bank Francis A. Hogue of Butler township, is bequeathed all the property left by his wife, Hannah Hogue, whose death took place July 31. The will was probated in the DeKalb circuit court Saturday. A son. Francis W. Hogue, was nominated for executor and he qualified by filing $1,600 bond, with Floyd A. Gause and Geo. Kugler as sureties. The will was executed Oct. 1932, with Frank and Agnes Shenk as witnesses. Dr. W. W. Swarts, health commissioner of DeKalb county, Saturday made his report of births marriages and deaths occuring during July to the secretary of the State Board of Health at Indianapolis. The number of births was large ten boys and girls The record was broken for marriages, there be. ing fifty-two. Deaths marked by the large number of violent nature. According to the report of Dr Swarts. of the seventeen deaths eight were caused by accidents or suicide. The coroner figured the average age for natural deaths at 63 The United States Civil Service Commission has announced open competitive examinations as follows: Steward (for filling the positions of steward at $2,600 year and assist ant steward at $2,300 year, less a deduction not to exceed 15 per cent as of economy and a retirement deduction of 3½ per cent), federal penal and institutions throughout the United States. Junior director of social work (junior warden's assistant). $2,000 to $2,500 a year. less a deduction not to exceed 15 per cent as a measure of economy and a retirement deduction of 3½ per cent federal penal and correctional institutions throughout the United States Full information may be obtained from Paul Grimm, secretary of the United States Civil Service Board of Examiners, at the post office in this city. The committee on of the Old-First National Bank & Trust Co., at Fort Wayne announced Friday that it is planned to have the new bank to be known as the National Bank of Fort Wayne ready for by September 1. The proposed plan for the new bank will make available the releasing of about $6,000,000 of restricted funds of the Old-First bank immediately upon opening of the new institution. it announced. This amounts to approximately 40 per cent of the restricted deposits. The committee is starting to work immediately upon arranging its plans for raising $500,000 among the citizens of Fort Wayne, a half of the capital structure for the new bank. The plan calls for a total capital of $1,000,000. of which $500,000 in preferred stock will be subscribed by the Reconstruction Finance Corporation. The Wainwright concert band of Oliver lake will play at the Century of Progress exposition at Chicago on the 14th and 15th of this month. The organization of sixty pieces will play in the court of the Hall of Science on the evenings of those days. This organization, considered by many to be the finest of its kind in the country, is composed of high school musicians from ten states who have gathered at the camp for the eight weeks' period. Since the current season will close on the Sunday after the trip to the exposition, the band will have been playing together for about seven weeks. In these concerts, the band will under the direction of Col. Jack Wainwright a nationally known figure in the field of musical education and founder of the Wainwright camp, and Walter E. Sheatfer, formerly solo clarinetist with Souse's and Pryor's bands. Mr. and Mrs. LeRoy Crawford of Akron, O., spent the week-end at their home on East Quincy street. The O R. C. Aid will meet Wednes. day afternoon with Mrs. George Shisley of East Keyser street. The Ladies' Aid of the Baptist church met at the church Friday afternoon. John Krus. who is working in Cleveland, spent the week-end with his family at their home on West King street. Miss Anna Gehring has returned to her home at Butler after a visit with Mr. and Mrs. C. Lindoerfer of South Randolph street Dr. and Mrs. A. A. Rang and two children of Washington, Ind. will ar rive Thursday to visit Mr. and Mrs. E. A. Rang of South Harrison street. The Misses Roberta Ocker and Mildred Schulthess returned Thursday from few days' outing at Lake of the Woods. Mrs. Lydia Moore of Goshen, is a guest of Mr. and Mrs. J. A. King of South Walsh street. Mrs. Moore is Mrs. King's aunt. Mr. and Mrs. J F. Ansbro of South Cowen street will return Tuesday from visit with their daughter, Miss Philippine Ansbro, in Chicago. Garrett W. B. A. review No. 58 has been invited to attend a picnic given by review No. 27 of Fort Wayne at Weisser park Thursday afternoon Mrs. J. A. King of South Walsh street and her guest, Mrs. Lydia Moore of Goshen, attended a family reunion at Etna, Ind., Sunday. Mrs. John Newbauer will be hostess to the St. Martin's club of the Catholic church at her home on South Johnson street Thursday evening. The Baltimore and Ohio Veterans and the Auxiliary will meet Monday evening with Mr and Mrs. A. B. Galloway their home on South Randolph street. Mr. and Mrs. Floyd C. Dougherty of Indiana Harbor. returned to their home Friday after a brief visit with the latter's mother. Mrs. S. S. Martin of South Franklin street. Walter Alley of South Peters street left for Reno. Nev. Friday to meet his mother. who is enroute home from a visit with her sister at Los Angeles. Mrs. W. G. Symon and two child. ren, Edward and Sally, South Har rison street and Miss Delia Klingler of East King street returned Satur. day from Clear lake. The Daughters of Isabella will have a picnic this evening at the country home of Mr. and Mrs. Charles Davis on state road 27 two miles east of Garrett Floyd Neiderheiser. superintendent of schools of McComb. O., and Kenneth Dilta of VanBuren, O. were Sun day guests of Mr. and Mrs. J. P. Sines of South Walsh street Mr. Neiderheiser and Mr. Dilta are cousins of Mr. Sines. Mrs. Chas. Koust and daughter. Miss Dorothy. of Sherwood Mich.. and T H. Chorpening of Chicago. re. turned to their homes Friday, after having spent week as guests in the home of Mr and Mrs. J. P. Sines of South Walsh street. The members of the Eastern Star and their families will go to Circle Park. Hamilton lake Thursday after noon for pienic They will meet at the Masonic temple at 2 o'clock. Each member requested to take table service and enough sandwiches for her own family and one other dish The members of the B Y. club will go to Lake Wawasee Saturday to spend the week-end Those in the party will be Dr and Mrs W. G. Symon. Mr and Mrs. R. J. Huffman. Mr. and Mrs. O. K. DePew. Mr. and Mrs O. F. Fitch and Dr. and Mrs M O. Klingler of Garrett. and Mr. and Mrs. H L. Kast of Chicago.