5541. Thomas Exchange Bank (Corunna, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 16, 1930
Location
Corunna, Indiana (41.437, -85.147)

Metadata

Model
gpt-5-mini
Short Digest
1f82620c

Response Measures

None

Description

Newspaper snippets identify the Auburn State Bank as receiver of the Thomas Exchange Bank of Corunna (receiver actions and foreclosure suit), indicating the Thomas Exchange Bank had suspended and been placed in receivership and did not resume. No article describes a depositor run prior to the suspension; cause of suspension is not stated in the pieces.

Events (2)

1. October 16, 1930 Receivership
Newspaper Excerpt
Judge Endicott Monday allowed claim against the Auburn State bank, receiver of the Thomas Exchange bank of Corunna. in favor Stearns in the sum of ... Her attorneys are Stump McClintock. ... Atkinson Husselman represent the receiver. (Garrett Clipper, 1930-10-16).The Auburn State bank, receiver of the Thomas Exchange bank of Corunna, has filed suit in the DeKalb court against Jason Childs... (Garrett Clipper, 1931-10-01).
Source
newspapers
2. * Suspension
Cause Details
No cause given in the article; only that Auburn State Bank is acting as receiver for Thomas Exchange Bank.
Newspaper Excerpt
Judge Endicott Monday allowed claim against the Auburn State bank, receiver of the Thomas Exchange bank of Corunna.
Source
newspapers

Newspaper Articles (2)

Article from Garrett Clipper, October 16, 1930

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Article Text

painting and papering Elam. You may your county at the Garrett Loan Trust For Overland or Willys Knight cars Ross at Order your Christmas greeting cards now from The Cogley South Franklin street attended funeral the late Gearns at Pittsburgh Ben Casebeer of Gaary, spent Satur day and Sunday with John Gordon of South Guilford street. Mrs. Anna has returned from Portland and Muncie, Ind., Quaker City and Marietta, She was gone four weeks. Mrs. Floyd Kast and Mrs. Laura McNabb will entertain the Harmony circle the church at the hom of Mrs. Kast Friday afternoon. Mr. and Mrs. Wilson of South Bend, returned to their home Monday after few days' visit with and Mrs. C. Broughton of South Cowen street. The trial of the damage suit of John W. Sowers against the Indiana Service Corporation, set for Thursday in the DeKtalb circuit court, was postponed Wednesday to December 16. Miss Florence Little of South Randolph street Monday from Detroit, where she spent the with Mr. and Mrs. William Heston. She also the Purduefootball game Ann Arbor Saturday The homes have been on account of child in each being with scarlet fever: Smith, East High street, W. Hauck, 306 South street, and Milks, 319 South Franklin street. The cases are very mild. Mrs. Harry Crow was hostess her bridge club her home South Franklin street Tuesday afternoon. Two tables were formed at the game and the prize was presented to Mrs. Jack Dainty refreshments were served. The annual dollar social given the Ladies' Aid of the church be held this the home of Mrs. H. W. Mountz on East Houston street o'clock. special probeen arranged. This will be gram has time to turn in coin held in the DeKalb circuit court Monday in the action brought by Garrett and Trust Co. and Little, Loan the will of the late to Little construed. After the evidence was submitted the cause taken under advisement. motion by plaintiff for new trial of the damage suit of EmLongfield against Edna May ma Frech has been overruled in the DeKalb circuit court. Trial before held in March, 1929, and jury was returned the defendverdict was for The was venued here from ant. case Allen county. Bohler of Garrett, has filed Ruth the DeKalb circuit court motion change of venue from the regular judge in the case brought against her and others by the state of Indiex rel Kathleen Longbrake Potsupport bond on furnished by her brother, Ordeth Longbrake. Judge Endicott Monday allowed claim against the Auburn State bank, receiver of the Thomas Ex change bank of Corunna. in favor Stearns in the sum of Mrs. Stearns was given leave to the last month. Her torneys are Stump McClintock. while Atkinson Husselman represent the receiver. There were 76 marriages in DeKalb county for the three ending September 30th. according to filed by Dr. Swarts. report DeKalb All were white people. Of the grooms 74 were Americans and two foreign. All the brides were Americans. married were under twenty years age and one, more than years old. groom was Dogs have been in Fort Wayne at the rate of 67 month the past three Wilfred Goss of the Fort Wayne Humane society. He believes systematic robbery was being carried on by persons specializing sale two particular breeds. truck labeled which connection the police dehas been going rounds partment and collecting dogs unlawfully.' Goss said.


Article from Garrett Clipper, October 1, 1931

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Article Text

Personal Painting Papering. 486-W. Elam. The to will meet on the third floor of the Palace meat market Friday, Oct. at 7:30 Mrs. M. R. Lust of Sunnyside, arrived Sunday to spend week with her and sister, Mr. and Mrs. Rex Girffith East King street. The suit of Ruth Sherck and Nellie Luttman against Louis Loutzenheiser rent has been dismissed in the DeKalb circuit court. Sterne & Maley has dismissed suit in the DeKalb circuit court against the Garrett Modern Laundry on account. The suit on account of the Indiana Service Corporation against John R. Rapp has been dismissed in the DeKalb circuit court. report of Lauby, administrator of the estate of the late Frank Newbauer of Garrett, of the sale real estate George and Nellie Monn for $700 was approved Tuesday in the DeKalb circuit court. The Chicago Paint Works has sued the Hoxie Hardware Co. of Waterloo, in the DeKalb circuit court for on an account. The plaintiff's attorney is Geo. W. Crooks. In the suit of the City National bank of Auburn, against Eli Rainjudgment was entered Monday the DeKalb circuit court. E. McClintock appeared attorney for the bank and the defendant defaulted. Real estate involved in the partition suit of Della Crawford against Thomas Shull and others has been appraised at $2,200, and report by the commissioner, Russel R. Ridenour, to that effect has been approved in the DeKalb circuit court. Earl of Garrett. alleged owner of 32 slot machines seized in raids at lake resorts in Kosciusko posted bond totaling $2,800 at Warsaw Tuesday. accused in 14 affidavits, put up bond of $200 on each The DeKalb county W. T. will hold its yearly convention on Friday afternoon. Oct. the Eckhart Public Library in Auburn. starting o'clock. At this election of officers will be held and reports for the year will be given by department directors. Enactment of state income tax suggested the most feasible means reducing the tax burden on property by James Showalter. chairman the state board and Pliny H Wolfard. member of the commission. addresses at Indianapolis Tuesday Opposition to bus transportation, which is held by the group be one of the chief causes railroad financial difficulties, expressed in resolution adopted the state organization of the of Railroad Trainmen at the final business session of the annual convention held at the Anthony hotel in Fort Saturday and Sunday. The state board Monday sanctioned additional appropriations for DeKalb county for the year 1931 in the amount of $24.This grant is in accordance with the allowances by county council recently. including an of of the cost of the state road south of Garrett and for poor relief. Judge Endicott has approved port by Roy Johnson of Corunna, guardian of Frank Wilson, of the sale real estate, consisting of 15 acre, 25 acre and lot 18, Sunnyside addition to Jennie Itt for This amount was due the latter for the care and support of Mr. Wilson prior to the time he was declared of unsound mind. The sale of lot.1 in Sunnyside addition to Carrick for $50 approved. Yeggs who pried open window enter the office of the farm bureau Albion and blew two safes with nitroglycerin obtained but $6 early Sunday. Both safes were in the same office. The papers in strong boxes and put the floor, but not otherwise Guy manager at Albion for the Indiana Farm bureau, discovered burglary when he opened the office Sunday morning. No heard the blasts. The Auburn State bank, receiver of the Thomas Exchange bank of Corunna, has filed suit in the DeKalb court against Jason Childs to foreclose mortgage on 80 acres of land in Fairfield The mortgage executed April 1925, and was payable in eight but the that the interest is delinquent since October, 1926. judgment of is demanded. The receiver's attorneys are Atkinson Husselman. Attorney Leo C. Rumbaugh of bion, has been appointed trustee bankruptcy for the estate of Alec M. Rennie, owner of automobile agenat Albion and at The by Wheeler Ashcraft of Portland, referee in bankruptcy, sitting in federal court Fort Wayne. Rennie filed bankruptey plea September He has operated the Noble County bile company at Albion and the Alec Rennie Ford agency at Rumbaugh filed bond of $10,000. Nitroglycerin was used by thieves in blowing coal yard safes at Columbia City early Sunday mornsafes were located in the Albert Walter Coal company office and the Neible and Ramp Coal and Ice company office, the offices being located just across the street, east and west, from one another. No loot obtained at the Walters yard and the thieves only got at the Neible Ramp yard, most of which in checks. Entry to the two offices was made by breaking glass the front door and releasing the lock. The safe doors were soaped to prevent the nitroglycerin from running out onto floor. No one heard the explosions. This probably due to the noise made at the city power plant, which is less than block away.