State Bank - Claypool, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 27, 1928
Location: Claypool, Indiana (41.129, -85.881)

Metadata

Model: gpt-5-mini
Short Digest: de471017

Response Measures

None

Description

Article (The Times, Hammond IN, 1928-07-27) reports a receiver appointed for the State Bank, Claypool, on petition of depositors. No mention of a depositor run prior to suspension; indicates receivership/closure following depositor action, consistent with suspension leading to permanent closure. OCR errors in the clipping corrected (e.g., 'Claypetition of DRIVE pool' interpreted as 'petition ... for the State Bank, Claypool').

Events (2)

1. July 27, 1928 Other

Newspaper Excerpt: receiver for the State Bank Claypool ... petition of 100 depositors. depositors face possible accordto Harold Cox, bank examiner.
Source: newspapers

2. July 27, 1928 Receivership

Newspaper Excerpt: the receiver for the State Bank Claypool ... petition of 100 depositors.
Source: newspapers

Newspaper Articles (1)

1. July 27, 1928 The Times Hammond, IN

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Article Text

Sir and HOBART MAN IS in the collection. kins, BANK RECEIVER from the works of Proengravings WARSAW, Ind., July Hobart, yesterday Lemuel Royse, THE OLD HOME named Kosclusko circuit court, the receiver for the State Bank Claypetition of DRIVE pool, near here, on 100 depositors. depositors face possible accordto Harold Cox, bank examiner. The best submarine gardens of continent are off the coast California.