5554. Citizens State Bank (Crothersville, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 1, 1923*
Location
Crothersville, Indiana (38.801, -85.842)

Metadata

Model
gpt-5-mini
Short Digest
69782450

Response Measures

None

Description

The Citizens State Bank of Crothersville failed in September 1923 and was placed in receivership (Union State Bank as receiver). Subsequent articles (1925–1926) discuss receiver actions, distributions to depositors, sales of real estate, lawsuits involving the receiver, and final reporting — indicating the bank remained closed and in receivership rather than reopening. The contemporary articles do not describe a depositor run triggering the failure, nor do they give a clear cause for the failure, so cause is set to 'other'.

Events (4)
1. September 1, 1923* Receivership
Newspaper Excerpt
Union State Bank, receiver of The Citizens State Bank, of Crothersville, ... has been receiver ever since the Citizens State Bank failed.
Source
newspapers
2. September 1, 1923* Suspension
Cause Details
Article only states the bank failed in September, 1923 without giving a specific trigger or cause (no mention of run, rumor, correspondent failure, or government action).
Newspaper Excerpt
the Citizens State Bank, of Crothersville, which failed in September, 1923,
Source
newspapers
3. May 27, 1925 Other
Newspaper Excerpt
Depositors and other creditors of the Citizens State Bank, of Crothersville, which failed in September, 1923, will soon receive another ten per cent distribution, a petition to that effect having been presented in the Jackson circuit court by the Union State Bank, receiver, and approved by Judge Cox.
Source
newspapers
4. March 17, 1926 Other
Newspaper Excerpt
the receiver filed report of sale of portion of real estate to Frank Schornick for $2000; report examined and proved.
Source
newspapers

Newspaper Articles (9)
1. May 27, 1925 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, May 27, 1925

Click image to open full size in new tab

Article Text

DIVIDENDS FOR Depositors to Cent to Date. NO MORE COURT THIS WEEK Several Cases Disposed of During the Past Week and Others Are Set for Trial. Depositors and other creditors of the Citizens State Bank, of Crothersville, which failed in September, 1923, will soon receive another ten per cent distribution, a petition to that effect having been presented in the Jackson circuit court by the Union State Bank, receiver, and approved by Judge Cox. This will make total per cent to date of distributions to the creditors of The Citizens State Bank, and it is said that the receiver is preparing to ask for another ten per cent distribution soon. In the matter of the receivership of The Crothersville State Bank, Frank L. Schornick receiver, which also failed in. September, 1923, petition for allowance was filed by the receiver, which also examined and approved by Judge Cox. The ceiver is allowed $3000 for his services to date and his expense account per statement filed. He is also authorized to pay his attorneys $1000 each. In the case of Sherman T. Eagle, Trustee, vs. Hyman Rash, et al, on note and mortgage, the plaintiff was given judgment for $63,615.50; also finding for the defendant, SinkerDavis Co., for $344.45. Court adjourned Monday evening and from present indications there will be no more court this week. Action on Other Cases State vs. Orva M. Wineinger, failto child; defendant ure support enters plea of not guilty, bond fixed at $1,000 and case set for trial May 29. State vs. Nancy Kindred, contributing to delinquency; cause transferred to juvenile docket. Newton Childs vs. Ethelyn Childs, divorce; dismissed by plaintiff. Colt Co. vs. Virgil H. Smallwood, on contract; dismissed by plaintiff. New Cases Barney M. Spillman Elsie Spillman, divorce. Parties were married September 10, 1924, and separated May 15, 1925. Christine H. Ahlbrand, et al Esther Grub Enos, et al; on account and attachment, (Continued To Page Four.)

2. May 27, 1925 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, May 27, 1925

Click image to open full size in new tab

Article Text

NO CHANGE MADE IN BANK RECEIVERSHIP Erroneous Report That Thos. Branaman Had Been Appointed Receiver Citizens State Bank at C'ville. An erroneous report was in circulation last week to the effect that Thos H. Branaman had been appointed receiver of the Citizens State Bank at Crothersville, of which the Union State Bank has been receiver ever since the Citizens State Bank failed. The report was spread through the publication of an article in the Seymour Tribune to the effect that Mr. Branaman had been pointed receiver, when in fact Mr. Branaman had recently been appointed attorney for the Union State Bank, receiver, and had filed a petition in circuit court to sell the real estate and personal property of The Citizens State

3. June 24, 1925 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, June 24, 1925

Click image to open full size in new tab

Article Text

NEW COURT CASES Union State Bank, receiver of The Citizen's State Bank of Crothersville, vs. Burchard Murphy; on note, demand $200. Union State Bank, receiver of The Citizen's State Bank, of Crothersville, Charles Berry, et al; on note, demand $200. Union State Bank, receiver of The Citizens State Bank, of Crothersville, vs. Frank Densford; on notes, demand $1600. Elza Hacker vs. John R. Little; on note, demand $275. The Rev. Dr. Clyde S. Black, pastor of Trinity Methodist Church, and the Rev S. J. Cross of Centenary Church, left yesterday for Greencastle, where they will serve as instructors in the summer school of theology under the auspices of the Indiana Methodist Albany item, Louisville Times.

4. October 21, 1925 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, October 21, 1925

Click image to open full size in new tab

Article Text

BANK RECEIVER Sherman Hall Files Suit Against Union State Bank, Receiver Citizens State Bank, Crothersville. SHERIFF ALSO IS DEFENDANT Two Damage Suits Filed Resulting from Same Auto Court Cases. Among the new cases filed in the Jackson circuit court the past week that of Sherman Hall and Leva Hall, husband and wife, vs. The Union State Bank of Crothersville, Receiver of the Citizens State Bank and Sherman Sheed, Sheriff of Jackson County, for damage and mandate. The plaintiffs allege in their plaint that during the year 1923, plaintiff. Sherman Hall, became debted to the Citizens State Bank of Crothersville as surety on certain notes, and that said Union State Bank, receiver obtained judgment against plaintiff for $1129.33 and attorney fee. That on same day said bank obtained judgment against Daniel McGill for with said plaintiff surety, and that said plaintiff Sherman Hall had previously signed surety notes aggregating more than $30,000, and did not have sufficient property pay said The complaint further sets out that to avoid waste of assets and to cure greatest amounts of payments available to many creditors, that said plaintiff entered into written agreement with said Union State Bank, receiver and various other (Continued To Page Eight.)

5. January 27, 1926 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, January 27, 1926

Click image to open full size in new tab

Article Text

FOR THE TERM in Larceny Case Jury Disagrees from Redding Township, Which Lasted Four Days. COWLES GRANTED NEW TRIAL Thos. Bullard Sentenced to Number of Cases Disposed of Last Few Days. The December term of the Jackson will circuit court adjourned for the term. The next term will convene March The term just ended was one of the busiest sessions for some time. Several jury cases were tried, and one day two juries were in service at the same time, one being out deliberating case when second jury was empanelled. The jury case of State vs. James Deppert and Roy Bowman, charged with larcency, after being out all night Friday night, failed to reach verdict and were discharged Saturday morning. This case occupied about four days in the circuit court and quite number of persons from Redthe ding township were in attendance at the trial either witnesses or spectators. The defendants were charged with stealing some binder twine of Ringer Harris, general merchants at Reddington. Harry Cowles, who was found guilon charge of stealing chickens, and who plead his own case, filed motion for new trial which was granted. Thos. Bullard, was tried the same charge at the same time and found guilty by the jury, was sentenced to the Indiana Reformatory from one to eight years. Special judges were appointed in to the following cases for the next term of court: Leva Hall Union Sherman and State Bank, Receiver Citizens State Bank of Crothersville, mandate and injunction; Robt. Mellon, Bedford, appointed special judge. Sowder Boyles, injunction, venued from session Lawrence Barnes, pointed special judge. Jackson John Myrtle Enthy Cuddy and Clyde Mason, for possesJohn C. Branaman, appointed sion; special judge. Action Other Cases on Quite of other were disposed the last three days of the term, as Frank, Williams, failure State to support child; F. Williams, failure to State Daisy support child; State vs. Burrell Compton, issuing forged check; dismissed. Thomas M. Todd, frauduState lent check; dismissed. State Manse Fleetwood, transand handling liquor; disporting missed. at Roy Kinney, unlawful State vs. parking; dismissed. Otto Claude State vs. Arthur, and transporting liquor; dismissed. State William Holzworth, possession of liquor; dismissed. James Monroe, houseState breaking; dismissed. Garnett McCoy, Ethel McState Coy and Marshall Robbins; stealing dismissed. Albert Russell, vehicle State taking; Albert Russell, vehicle State taking and grand larceny; dismissed. State Ira Moser, entering house to commit dismissed. State Polk Sons, assault and fined $1 and battery; costs upon plea of guilty. State surpeace; dismissed. Otto Montgomery Ulysses Montgomery; commissioner files nancial report. judgment against Montgomery for $15. Kean ManuBenjamin Ramsey facturing receiver's port filed and approved and receiver discharged. matter of the assignment Daniel McGill, assignor, Jackson Loan and Trust assigCounty finding for receiver; judgment against defendant in the sum $351.97. Aetna Life Insurance Co., Clyde Keach, et al; receiver files final report. George Berger, Maggie Berger, exparte partition; Walter Hughes files final report, same disapproved and instructed to file Frank Schornick, Receiver Crothersville State Bank, Albert on note; judgment for plaintiff sum of Frank Schornick, Receiver, Ennis Hall, note; judgment for plaintiff for $119.97. Frank Schornick, Receiver, Galen Amos, on judgment plaintiff for Frank Schornick, Receiver, Clyde States, note: judgment for plaintiff for $155.59. Frank Schornick, Receiver, Alfred Rawles, note; for for $155.59. Frank Schornick, Receiver, James Sage, on note; judgment plaintiff for Frank Schornick, Receiver, (Continued To Page Five.)

6. March 3, 1926 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, March 3, 1926

Click image to open full size in new tab

Article Text

COURT CONVENED LAST MONDAY (Continued From Page One.) the plaintiff learned that before such compromise settlement the defendant had made tentative agreement with Geo. Wells, an attorney of Terre Haute, (in whose hands the question of liability had been placed by plaintiff) whereby the defendant was to pay the plaintiff the sum of $1,000, which was unknown to the plaintiff at the time the settlement was reached, and further charges that an agent of the defendant by false representations as to its liability in the case induced the plaintiff to enter into such compromise agreement. This suit seeks to set aside and render null and void the previous settlement for $200 and the plaintiff asks damage in the sum of Martha DeLaney vs. Richard DeLaney; divorce. Kathryn McLaughlin vs. R. L. Mosley, al; on note, demand $200. Alfred Hendershot vs. Martin Lubker, foreclosure mechanics lien, $1200. Set For Trial State vs. Moses Jefferson Lewellyn, for killing animal; March 17. State Anna D. Eshom, assault and battery with intent; March 15. Other Cases Disposed Of Laura A. Weddle vs. William Weddivorce; complaint and crosscomplaint dismissed. H. Clay Bates vs. Ola Mae Bates, divorce: dismissed for want of prosecution. Harry Waterbury vs. Jeanette Waterbury, divorce; dismissed for want of prosecution. Nettie Richenbacher vs. Charlie Richenbacher, divorce; dismissed for want of prosecution. Gladys M. Wineinger vs. Herman Wineinger, divorce; dismissed for want of prosecution. Elizabeth Edwards vs. James Edwards, divorce; dismissed for want of prosecution. Ida Perrin vs. Wm. T. Perrin, divorce, motion for new trial and to modify decree; dismissed. Herbert Hunsucker Catherine Mamie Holeman vs. Frank Holeman, divorce; dismissed for want of prosecution. Irene Lynch by Kittie Allman. next friend. vs. Wayne Lynch, divorce; dismissed. Federal Land Bank, of Louisville, vs. Spencer Hunsucker, note and mortgage; judgment for plaintiff for $1123.99. Finding for plaintiff, Anna Hays, in sum $110.82 as prior lien. same to be paid as such from sale of property. L. Schornick, receiver of the Crothersville State Bank, vs. Ed Dailey, et al, on note; dismissed on motion of plaintiff. Union State Bank, receiver of Citizens State Bank of Crothersville, on note; dismissed. Jessie Renfro, administratrix, vs. P. C. C. & St. damages; dismissed. Korte Smith Motor Co. vs. Opal and Bert Sparks, note and mortgage; Robt. Crawford vs. Wm. F. Richardson, et al, on bond; dismissed. Set for Trial Mancel E. Weddel vs. Henry Hackman, damages; March 26. Bruce Scott vs. Fern Scott, divorce; March 16. U. S. Grain Corporation vs. Blish Milling Co., on contract; March 29. Sallie A. Hert, et al, vs. Hugh A. Todd, et al, venued from Lawrence county; March 22. The Keking Sprinkler VS. Seymour Improvement contract and foreclosure of lien; March 30. Carl E. Wood vs. Burkey Holstine on note; March 31. Excellsior Corporation vs. Barnard Simon. on occount; March 23. A CARD To The Voters of Jackson County: Two years ago I was the Democratic nominee for Prosecuting Attorney Ten days before the election it looked as if would win, but something happened. One E. S. Shoemaker published in his paper, The American Issue, that I was the "wet" candidate and sent hundreds of copies over the county, and caused my defeat by a very small margin. Now, voters, am once more asking your indulgence, because know you believe in honesty, fair play and a square deal.

7. March 17, 1926 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, March 17, 1926

Click image to open full size in new tab

Article Text

LIGHT WEEK IN FORMER RESIDENT EXPIRES SUDDENLY Greensburg, and Robt. Mrs. Dunham Robertson Dies of Heart Mellon, of Bedford, Qualify as Trouble at Special Judges. ONLY FEW CASES DISPOSED OF The past week has been an exceptionally light one in the Jackson circuit court. Judge Cox convened court each morning, but the business was generally finished by noon each day. John W. Craig, of Greensburg, and Robt. Mellon, of Bedford, were here last week and qualified as special judges, the former in the case of State rel Geo. V6. Davis, trustee of Carr township. This is case in which the defendant seeks to mandate the defendant to open road, which he alleges, has legally been accepted and adopted as public road. Robt. Mellon was appointed as special judge in the case of State Jas. Deppert and Roy Bowman charged with larceny. In the case of Union State Bank Receiver of the Citizens State Bank of Crothersville, the receiver filed report of sale of portion of real estate to Frank Schornick for $2000; report examined and proved. Wm. Eikenberg vs. Chas. Long, foreclosure of mortgage; dismissed on motion of plaintiff. Chas. Smith Aretus Shepard, on note; judgment for plaintiff for $142.03. State Bruce Gallion, assault and battery; defendant fined $1 and costs on plea of guilty. Bruce Scott Fern Scott, to trial by court and taken under Set For Trial. Receiver CrothersState Bank, Daniel McGill, portion of real estate; March 27. New Cases. Citizens State Bank Eva Banks; note, demand $500. State Charles Vincent, assault and battery; appeal from justice the peace court. OTHER DEATHS THE PAST WEEK Dunham Robertson, formerly of Brownstown, died suddenly of heart trouble, Friday evening at Martinsville, where the family has been living for several years past. She seemed in her usual health during the day, and that evening went over to feed the chickens for neighbor, who had been called away of sickness. When Mr. Robertson came home that evening, he became alarmed at his wife's absence, as she seldom was away from home, and he instituted search and found her ing lifeless on the neighbor's back porch. From indications, she had finished feeding the chickens and had probably sat down on a chair to rest when she was stricken, as her body was found near the chair. The remains were brought here Monday afternoon and taken direct the Christian church, where funeral services were conducted by the Rev. M. Cross. Burial in Fairview cemetery. Mrs. Alice Robertson, daughter of Abraham and Elizabeth Martin, was born near Houston, Jackson county, Ind., November 9, 1869, and died March 12, 1926, aged 56 years, months and days. She was the only daughter family of six Her early days were the vicinity about twelve age she went with mother to Columbus. After living years that city she then to the home of an aunt in On March 1892, she was married to Dunham After their they made their home Jackson county until February, 1913, when they moved to Johnson county. Then, August, 1913, they came Grassy Fork Fisheries, where Mr. Robertson has been (Continued To Page

8. April 21, 1926 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, April 21, 1926

Click image to open full size in new tab

Article Text

CHANGE MADE IN COLUMBUS FACTORY Morgan Packing Company Buys Out Everitt Brothers, Who in Turn Buy Underwood Plant. The Morgan Packing Company, at Austin, owners of the Brownstown canning factory, have purchased the interests of the Everitt Brothers the Columbus Canning and in turn and Ivan Morgan have sold their factory at Underwood to the Everitt Bros. the change having effective Tuesday. The factory at Columbus was built the Everitts about same time the Morgan Company built their plant here. The Everitt Bros. the erection and operation of the Columbus plant. Prior going to Columbus they and operated the Uniontown plant which they later sold to the Morgan The Everitt Bros. will leave Columbus and return to Underwood to their plant. The Columbus plant like the at the modern and packing plants in the Besides the Brownstown and lumbus plants the Morgans packplants at Little York and The latter place being their home town where their largest factory located, which run on the most all and operated almost the entire year. SEVERAL NEW CASES FILED IN COURT The following new court have been filed Clerk VirFountain since the adjournment the recent term of court. Papers were filed by Theo. of Seymour. The general store owned him at Shirley, Henry county, Robt. Craig Melvin Graves, to dissolve partnership for Frank Schornick, Receiver of The State Bank, Thos. Scifres; on note, demand Union State Bank, Receiver of The Citizen's State Bank, of CrothJas. Ritz, note and demand $3500. Abel Wm. Booth, to quiet title to real Jesse McKain Maggie divorce. Parties married cember 1912, and separated August 1925. Thos Cockrum, Guardian for Lawrence Cockrum, Mary Schwein, for partition. AND GIRLS' CLUB NOW HAS TEN MEMBERS The Boys' and Girls' Jersey Calf Club, which being sponsored by Jackson County Jersey Cattle Club, now has an enrollment of ten according made meeting the Jersey Cattle Club held Seymour Monday night. trip will be made Brookville and to Greensburg the first to calves for members the Calf Club who do not already have them The enrollment as nounced Monday night follows: dred Mitschke, Grassy Fork ship; Dolores Boling, Brownstown township. Harriett Goss, Lee Bahan and Fountain, Carr Jean Linke Bobb, Washington township; Damon Judd, Hamilton township; Kenneth Peacock and Carl Nobbe, Jackson township. FORMER RESIDENT DIES Heller word this morning announcing death uncle, William Crabb, formerly which occurred his home at Winchester, Indiana, day night of complication of diaged about 65 years. Mr Crabb was engaged in business in Brownstown and be well membered here by many of our older citizens. He leaves his wife, who was formerly, Miss Myrtle Brown, Medora, three sons and one daughter. THE STORK Born, to Mr. and Mrs. Howard Acton, Ewing, April boy. Born, to Mr. and Mrs. Gray, Pershing township, Apr.

9. June 16, 1926 Jackson County Banner Brownstown, IN
Article from Jackson County Banner, June 16, 1926

Click image to open full size in new tab

Article Text

FOR THE TERM May Term Proves to be Quite Busy Jury Cases Are Tried. NEXT TERM CONVENES OCT. 11 Large Number of Cases Disposed of During the Last Few Days of the Present Term. The May term of the Jackson circuit court adjourned for the term Saturday, after quite a busy session. Several jury cases were tried during the term. There is long summer vacation ahead in the way of court matters, as the next term does not convene until October 11th. Action was taken upon the following cases during the last few days of the term: State Gail Hopewell, forgery; dismissed on motion of defendant for failure to prosecute for three full terms. State VS. Vail Darkies and Louis Darkies, forcible detainer; dismissed motion of prosecuting attorney Willard Kendall vs. Emma May Kendall. plaintiff granted divorce upcosts. Layman Ruth Mae Layman, divorce; motion of plaintiff for change of venue granted and cause to Scott county. Homer Fields Margaurete Fields, divorce: defendants petition for temporary allowance granted and plaintiff ordered $12 month for support of child until further orders. Isaac Smith Jennie Smith; plaintiff granted divorce upon payment costs. Millard Wineinger vs. Anna D. Eshom, al, on account; dismissed for want prosecution. Union State Bank of Crothersville, receiver Citizens State Bank Crothersville, granted permission to sell real estate coming into its possession. Co-operative Building and Loan Association Seymour Harry Clarke, et al; foreclosure of mortgage; receiver's report approved and receiver discharged. Excello Corporation vs. Barnard Simon, account: finding for plaintiff in sum of Union State Bank, Receiver of Citizens State Bank Crothersville, Frank Densford, on notes; judgment for plaintiff for $1386.73. Thos. Wrightinghouse James Hart; damages for personal injury; dismissed on failure of plaintiff to plead ordered by the court. E. Miller, Agnes Miller, partition of real estate; report to Ed Christopher at Robert M. Eshom, et al, Vail Darkies, injunction; dismissed motion of plaintiff and at plaintiff's cost. Union State Bank, Receiver Citizen's State Bank, of Crothersville, James Ritz, al; judgment for plaintiff for matter the assignment Turmail, assignor Vernis assignee; trustee's sale approved. Thomas Cockrum, Guardian, Mary Schwein, et partition of real estate; dismissed on motion of plaintiff. Cordes Hardware Co. Wm. Isaacs, check; dismissed on motion plaintiff. American Security Co. VS. Geo. W. Tabor, note; judgment for plainfor $134. Samuel Lowrey Ray Pearson, on note; judgment for plaintiff sum of $350. Seymour National Bank Charles Benter, note. dismissed motion of plaintiff.