5468. Bloomington Bank (Bloomington, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 15, 1862
Location
Bloomington, Indiana (39.165, -86.526)

Metadata

Model
gpt-5-mini
Short Digest
ade55460

Response Measures

None

Description

Multiple official notices (May 15, 1862) state the Bloomington Bank, organized under Indiana's Free Banking laws, 'suspended for a failure to comply with the provisions of said laws' and that its notes will be redeemed by the Auditor/Treasurer — indicating a regulatory suspension and winding up rather than a depositor run. No run is described; the notices imply closure/liquidation handled by state officials.

Events (1)

1. May 15, 1862 Suspension
Cause
Government Action
Cause Details
Suspended by state authorities for failure to comply with provisions of Indiana Free Banking laws; redemption and dividend to be administered by Auditor and Treasurer of State.
Newspaper Excerpt
the notes of the Bloomington Bank, organized under the Free Banking Laws of the State of Indiana, and suspended for a failure to comply with the provisions of said laws, will be redeemed for ninety days longer
Source
newspapers

Newspaper Articles (5)

Article from Daily State Sentinel, May 16, 1862

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Article Text

NOTICE. To Holders of Rioomington Bank Notes. TOTICE is hereby given that the notes of the Bloomington Bank, organized under the Free Banking Laws of the State of Indiana, and suspended for a failure to comply with the provisions of said laws, will be redeemed for ninety days longer from the date of the publication of this notice, at the dividend heretofore declared by the Auditor of State; and at the expiration of the ninety days aforesaid a dividend will be declared of any surplas that may be remaining in the office of the Auditor or Treasurer of State belonging to such Bank, to the holders of certificates of any unpaid balance. ALBERT LANGE, Auditor of State. J. S. HARVEY, Treasurer of State. May 15. 1862 -my15-d3:kw3w


Article from Indiana State Sentinel, May 19, 1862

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Article Text

NOTICE. To Holders of Bloomington Bank Notes. OTICE is hereby given that the notes of the Bloomington Bank, organized under the Free Banking N Laws of the State of Indiana, and suspended for a failure to comply with the provisions of said laws, will be redeemed for ninety days longer from the date of the publication of this notice, at the dividend heretofore declared by the Auditor of State; and at the expiration of the ninety days aforesaid a dividend will be declared of any surplus that may be remaining in the office of the Auditor or Treasurer of State belonging to such Bank, to the holders of certificates of any unpaid balance. ALBERT LANGE, Auditor of State. J. S. HARVEY, Treasurer of State. May 15, 1862 -my15-d3:&w3w


Article from Indiana State Sentinel, May 26, 1862

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Article Text

NOTICE. To Holders of Bloomington Bank Notes. OTICE is hereby given that the notes of the BloomN ington Bank, organized under the Free Banking Laws of the State of Indiana, and suspended for a failure to comply with the provisions of said laws, will be redeemed for ninety days longer from the date of the publication of this notice, at the dividend heretofore declared by the Auditor of State; and at the expiration of the ninety days aforesaid a dividend will be declared of any surplus that may be remaining in the office of the Auditor or Treasurer of State belonging to such Bank, to the holders of certificates of any unpaid balance. ALBERT LANGE, Auditor of State. J. S. HARVEY, Treasurer of State. May 15, 1862 -my15-d3t&w3w


Article from Daily State Sentinel, May 31, 1862

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Article Text

NOTICE. To Holders of Bloomington Bank Notes. OTICE is hereby given that the notes of the BloomN ington Bank, organized under the Free Banking Laws of the State of Indiana, and suspended for a failure to comply with the provisions of said laws, will be redeemed for ninety days longer from the date of the publication of this notice, at the dividend heretofore declared by the Auditor of State; and at the expiration of the ninety days sforesaid a dividend will be declared of any surplus that may be remaining in the office of the Auditor or Treasurer of State belonging to such Bank, to the holders of certificates of any unpaid balance. ALBERT LANGE, Auditer of State. J. S. HARVEY, Treasurer of State. May 15, 1962.-my15-d3t&w3w


Article from Indiana State Sentinel, June 2, 1862

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Article Text

SPECIAL NOTICES. PUBLIC NOTICE. TOMLINSON & cox, Druggists, No. 18 East Washington Street, Have been appointed agents for the sale of BRANDE'S T U SSILAG o, THE WONDERFUL GRANULUS, for the cure of Coughs, Colds, Sore Throat, Bronchitis, Wheezing, Irritation of the Uvula and Tonsils, and Diseases of the Lungs. Sold in n18d&wly large boxes, 25 cts., 51 cts.. and $1 each. NOTICE. To Holders of Bloomington Bank Notes. OTICE is hereby given that the notes of the BloomN ington Bank, organized under the Free Banking Laws of the State of Indiana, and suspended for a failure to comply with the provisions of said laws, will be redeemed for ninety days longer from the date of the publication of this notice, at the dividend heretofore declared by the Auditor of State; and at the expiration of the ninety days aforesaid a dividend will be declared of any surplus that may be remaining in the office of the Auditor or Treasurer of State belonging to such Bank, to the holders of certificates of any unpaid balance. ALBERT LANGE, Auditor of State. J. S. HARVEY, Treasurer of State. May 15, 1862.-my15-d3t&w3w