5582. American State Bank (East Chicago, IN)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
September 19, 1930
Location
East Chicago, Indiana (41.639, -87.455)

Metadata

Model
gpt-5-mini
Short Digest
290643db

Response Measures

Full suspension, Books examined

Description

President Hazel K. Groves disappeared Sept. 19, 1930; fearing a run directors closed the bank and requested a state examination. The bank reopened Oct. 7, 1930 under an agreement/merger arrangement, but by early 1931 a receiver (Walter Schrage) was appointed and the bank remained in receivership. Classification: run led to suspension and eventual closure/receivership.

Events (4)

1. September 19, 1930 Run
Cause
Rumor Or Misinformation
Cause Details
Disappearance of bank president Hazel K. Groves (reported Sept. 19) caused alarm and fear of withdrawals; directors closed the bank pending examination.
Measures
Directors closed the bank temporarily and asked the state banking department to examine the books; bank remained closed pending examination.
Newspaper Excerpt
Fearing run on the bank, directors of the American State bank immediately closed the institution and asked the state banking department to examine the books.
Source
newspapers
2. September 19, 1930 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closure/suspension initiated after disappearance of the bank president and resulting concern about the institution's stability; state exam ordered.
Newspaper Excerpt
The bank closed today temporarily on the advice of Mr. Mey... the American State bank of East Chicago... closed the institution and asked the state banking department to examine the books.
Source
newspapers
3. October 7, 1930 Reopening
Newspaper Excerpt
The American State Bank of East Chicago opened its doors this morning for the first time since closing ... depositors of more than $200 to sign time certificates ... expects East Chicago Bank ... ultimately assume the full deposit liability of the American State Bank ... merger terms were announced ... open day and night for several days to take depositors' business in full if possible.
Source
newspapers
4. March 13, 1931 Receivership
Newspaper Excerpt
Walter Schrage, appointed receiver for the American State Bank of East Chicago, stated today that clients on their claims have until April 20 to file their preferred claims. Deputy Sheriff ... Mr. Schrage declared that depositors ... file their claims ... . Window of the American State bank were washed today for the first time since the Institution closed last September. Receivers for the bank plan to move to new offices soon.
Source
newspapers

Newspaper Articles (25)

Article from The Times, September 20, 1930

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Friends of County Treasurer Much Concerned Over His Disappearance BULLETIN CROWN POINT, word received here this the abouts Hazel ing county treasurer. alarm caused this morning over the reported disappearance of Hazel Groves, treasurer of Lake county and prominent East Chicago banker, left his home yesterday morning been only once twice since then. While his numerous friends in political and business are optimistic over the prospects safe return the near future, instituted and by the office of Sheriff Joe Kyle, has dozen deputies attempting to trace his during the past 24 hours. The possibilities of foul play not being overlooked. measure, the American State bank of East Chicago, Mr. ident and majority stockholder, closed its doors morning and called Examiner John Meyers charge as notifying office of the state No concern felt present for either the bank or the county since been run on the bank, declared solvent, and the active direction of the treasurer's office in hands Dan Kreitzman, chief deputy Mr. Groves. Mr. Kreitzman, who the republican nominee succeed Groves in office, this morning gave assurances of the sound condition of his office, and among those who expressed confidence that Groves would probably today First alarm felt yesterday Mr. left home bound for an when Mr. Groves failed appear, and the went by only report ceived been near Cedar Lake on route 41. He failed to return home last night, causing the considerable his family, other officials of the bank and friends. The bank closed today temporarily on the advice of Mr. Meyallow examination before its reopening, which doubtless will place. Bank officials said this morning that the institution Mr. Groves is one of the most citizens the county, at present second county and having president of the Lincoln of Hammond, in addition to distinctions.


Article from Dayton Daily News, September 27, 1930

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SAY BANKER IS AMNESIA VICTIM Indiana County Treasurer Returns Home After Absence of Two Weeks. EAST CHICAGO, Ind., Sept. K. Groves, co. treasurer and president of the American State bank of East Chicago, who disappeared two weeks returned his home last night, apparently victim amnesia. Groves said he could remember nothing since he was teen at Cedar Lake, ago today, until he awoke in Peoria, hotel yesterday. The American State bank was closed after the disappearance of its president and has been under examination state inspectors reported finding slight irregularities in its accounts. serious shortage exists, and the books of the Lake treasurer were declared to be in satisfactory condition.


Article from The Cincinnati Enquirer, September 28, 1930

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Banker Declares, Upon Return East Chicago, After Absence To Party, He Recalls. Chicago, Ind., September Groves, Bank dent and County Treasurer, turned his home, but his disappearance much of mystery during the week gone. Groves, disappeared September 19, returned early today and sued statement, through his saying could remember nothing from Saturday until yesterday, when awoke in Peoria hotel. He refused to reporters, but had short conference with busiassociates, which said proposed merger of Groves's and another East Chicago bank was cussed. similar conference the merger which Groves failed to attend September 19, causing great alarm his safety. had been on way to the but did not and could not found. Wide search resulted clue reported seen Cedar Lake, Ind., resort the day after scheduled bank meeting. Then trace was lost. Fearing on the bank, directors of the American State Bank immediately Continued On Page Column


Article from The Harlan Daily Enterprise, September 28, 1930

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BANK PRESIDENT, CLOUD, 51, DAZED, RETURNS PASSES AWAY Slight Irregularities Found In Books of Banks HOSPITAL East Chicago, Ind., Sept. 27 (/P) -Hazel K. Groves, Lake County treasurer and president of the American State Bank of East Chicago, who disappeared fortnight returned to his home last night victim of amnesia. The bank had been closed but the inspectors reported only slight irregularities, and the county books were reported in good condition. Second Victim Truck Mishap Near Molus Monday HOWARD BETTER Jim Cloud, 51, the second victim of the truck accident near Molus last Monday in which John G. Howard was fatally hurt, and Jim Howard injured, died at the Harlan Hospital yesterday morning at o'clock as the result of fractured skull. The accident occurred when the radius rod on the truck became disconnected. The front wheels swerved and turned the truck over, pinning L. Howard, John Howard, and Jim Cloud, under it. John Howard died Tuesday morning. Jim L. Howard, brother of County Judge H. H. Howard, also received fractured skull, but it was slight and he is reçovering rapidly at the Hospital. It was thought that Cloud would recover from his injury but he steadily grew worse and it was known Friday night that he would not last through the Cloud is survived by his wife and two children, boy and girl. He lived at Dizney and had been guard over the prisoners who worked on the county roads. Buriservices will be held this after noon one o'clock at Dizney and he will be buried in the Middleton Cemetery.


Article from The Brownsville Herald, September 28, 1930

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MISSING BANK CHIEF RETURNS Indiana Man Remembers Nothing of Happenings Of Past Week EAST CHICAGO, Ind. Sept. 27(P)-Hazel K. Groves. bank president and county treasurer has Teturned to his home but his disappearance is as much of a mystery as it was during the week he was gone. Groves, who dropped out of sight Sept. 19, returned carly today and issued statement through his son saying be could not remember from last until yesterday when he awoke in Pcoria, Ill., hotel. He refused to see reporters but held short with business associates at which was said the proposed merger of Groves and another East Chicago bank was discusIt was similar conference on the merger which Groves failed to at. tend Sept. 19, causing great alarm for his safety. He had been seen on route to the meeting but he did not arrive and could not be found. A wide search resulted in but one Groves was reported seen at Cedar Lake. Ind., the day after the scheduled bank meeting Then all trace of him was lost. Fearing run on the bank, directors of the American State bank immediately closed the institution and asked the state banking department to exthe books. amine The bank was found to be in satisfactory condition, despite "slight irregularities. Groves books as Lake county treasurer were also examined and found to be in good shape. Groves' story, as relayed by his son, was that he suffered lapse of memory after party at Cedar Lake, Sept. 20. He remembered nothing from the time of the party until yesterday morning, when he awoke in a hotel room in Peoria He did not know how he got to Peoria, how long he had been there or whether he had been in any other towns during his weeks absence He had not been robbed but still bad money when he awoke yesterday. He called his brother. Harry Groves. of Springfield III., and he later brought him to East Chicago


Article from The Ogden Standard-Examiner, September 28, 1930

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BANKER'S TRIP STILL MYSTERY Lapse of Memory Causes Police Puzzle In Indiana EAST CHICAGO, Ind., Sept. 27. NEW YORK, Sept. 27.-(AP)-A (AP) Hazel K. Groves, bank writ of habeas corpus was served topresident and county treasurer, has day on Miss Beth Lackey, violin inreturned to his home, but his disstructor, ordering her to produce her appearance is as much of a mystery two young charges, Ruggiero and as it was during the week he was Giorgio Ricci, in court Monday at gone. 10 a. m. Groves, who dropped out of sight The writ charges her with refusSeptember 19, returned early today ing of the father, Pietro and issued a statement through hi Ricci, to her apartment to see the son saying he could remember nothboys and with failing to carry out ing from last Saturday until yesa order of Justice Valente terday when he awoke in a Perio, which specified that the boys should Ill., hotel. He refused to see rebe taken to the Catholic church. porters, but held a short conference Miss Lackey said the papers in with business associates at which the case were served on her personit was said the proposed merger of ally by the father, who had come Groves' and another East Chicago to hear the boys play. The writ bank dwas discussed. was issued by Supreme Court Justice It was a similar conference on Cotillo. the merger which Groves failed to In habeas corpus proceedings beattend September 19, causing great fore Justice Valente last summer alarm for his safety. He had been Miss Lackey won temporary custody seen en route to the meeting, but of the boys, both of whom are viohe did not arrive and could not be linists, until after December 15, found. when the case was to be reopened. A wide search resulted in but one Ruggiero, who is 10, is scheduled to clue-Groves reported seen at start a concert tour of the eastern a Cedar Lake, Ind., resort the day half of the United States next after the scheduled bank month. He made a sensational deThen all trace of him was lost. Fearing run on the bank, directors of the American State bank immediately closed the and asked the state banking department to examine the books. The bank was found to be in satisfactory condition, despite "slight irregularities.' Groves' books as lake county treasurer were also examined and found to be in good shape. Groves' story as relayed by his son, was that he suffered a lapse of memory after party at Cedar Lake September 20. He remembered nothing from the time of the party until yesterday morning, when he awoke in a hotel room in Peoria.


Article from Sunday Times Democrat, September 28, 1930

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Home-Made Wine and Beer Perfectly Legal, Opinion INDIANA BANKER 'FORGETS' EVENTS His Books Are All Right, However, When He Returns After Trip EAST CHICAGO, Ind., Sept. 27. K. Groves, bank president and county treasurer, has returned to his home, but his disappearance is as much of mystery as It was during the week he was Groves, who dropped out of sight Sept. 19, returned early today and statement through his son saying he could remember nothing from last Saturday until yesterday, when he awoke in Peoria, III., hotel. Discusses Merger He refused to see reporters. but held a short conference with bus! ness associates at which It was said proposed Groves' and another East Chicago bank was discussed. was similar conference on the merger which Groves failed attend Sept. causing great for his safety. He had been seen en route to the meeting. but he not arrive and could not be found. Books All Right wide search resulted in but one clue Groves reported Cedar Lake, Ind., resort the day after the scheduled bank meeting. Then all trace of him lost Fearing the bank, directors the American State bank closed the Institution and asked state banking department to examine the books The was found to be in despite "slight books Lake county treasurer examined and found to be in good shape. Woodcock, Director For Uncle Sam, Avers Dry Agents Cannot Raid Homes Anyhow Without Real Proof WASHINGTON, Sept. 27. (AP) Wine and beer making in the home for home was declared immune from federal interference today by Prohibition Director Amos W. W. Woodcock. The national agencles, he said, can Intervene only when of sale has been obtained. as without such evidence no search warrant for private home be Beyond the Pale Under the law, he explained. the home liable to punishment If his product is "Intoxicating in fact, point for settlement by jury. but in any event, he is beyond the reach of the fed eral authorities unless commercial feature Involved. Woodeock returned today from an inspection of Jersey and Dela: are and to for simflar survey in Tennessee Promote Co-operation He said he expected to spend days in Memphis as personnel in that section attention. If time permits, he added. he would also visit will return to Washington Thursday. These which are planned to include every state In union, are confined to survey of within the enforcement organization, and the promotion of co-operation with local au thorities and are intended to include any investigation of actual conditions. reported the situation excellent in and New Jersey, but poor in Delaware as until few days ago had been without deputy administrator for about month. He said he expected an early improvement Woodeock said citizen can transport In his home and for home consumpproviding that is not toxicating In fact" and that no commercial law violations are involved. He said nothing about allowable for a citizen to transport beer.


Article from The Daily World, September 28, 1930

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MYSTERY TREASURER East Chicago, Ind., Sept. K. Groves, bank president and county treasurer, has turned to his home but his disappearance is as much of a mystery as it was during the week he was gone. Groves, who dropped out of sight Sept. 19. returned early today and issued statement through his son saying he could remember nothing from last Saturday until yesterday when he awoke in Peora, Ill., hoHe refused to see reporters but held short conferenc with business associates at which it was said he proposed merger of Groves and another East Chicago bank was discussed. It was similar conference on the merger which Groves failed to attend Sept. 19, causing great alarm for his safety. He had been seen en route to the meeting but he did not arrive and could not be found A wide search resulted in but one was reported seen at Cedar Lake, Ind., resort the day after the scheduled bank meeting Then all trace of him was lost Fearing run on the bank, directors of the American State Bank immediately closed the institution and asked the state banking department to examine the books. The bank was found to be in satisfactory condition, despite "slight irregularities." Grove's books as Lake county treasurer were also examined and found to be in good shape. Groves' story, as related by his son, was that he suffered a lapse of party at Cedar Lake Sept. 20. He remembered nothing from the time of the paruntil yesterday morning, when awoke in a hotel room in know how he got to Peoria, how long he had been there whether he had been in any or other towns during his week's absence.


Article from The Atlanta Journal, September 28, 1930

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Banker Returns, Reports Lapse Of Memory EAST CHICAGO, Ind., Sept. (AP)-Hazel Groves, bank president and county treasurer, has returned to his home, but his disappearance much mystery as it was during the week he was gone. Groves, dropped out sight September 19, early Saturday and issued statement through his saying could remember from last until Prihe awoke in Peoria, hotel. refused reporters, but held short conference with business associates which was said proposed merger Groves' and another East Chicago bank was discussed. It was similar conference on the merger which Groves failed to attend September 19, causing great alarm his safety. He been en route to the but did arrive and could not be A wide search resulted in but one reported Cedar Lake, Ind., resort the day after the scheduled bank meeting Then all trace of him was lost. Fearing run on the bank. directors of the American State Bank immediately closed the institution asked Department to examine the books. The bank was found to be in satisfactory condition, irregularities books as Lake County also amined and found to be in good Groves' story, as related by his son, was that he suffered lapse memory after party Cedar Lake September nothing from the time of the party until Friday morning, when he awoke in Peoria. He did not know how got to Peoria, how long he had there whether he had been any other towns during his absence. He had not been robbed but still had money he awoke Friday. He called his brother, Harry Groves, Springfield, III., the latter brought him to East Chicago. An automobile bearing the license plates issued to Groves was reported Saturday to been several times in Canton, about forty miles from Peoria. The last the plates were noticed in Canton was Wednesday.


Article from Florence Morning News, September 28, 1930

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GROVES CASE STILL MYSTERY EAST CHICAGO, Indiana, Sept. prest- 27 Groves, bank has dent and but his disapturned to his home much of mystery the he was was during gone. dropped of who returned early today September 19. through his issued statement and he could remember saying from last Saturday nothing yesterday when he awoke Peoria He refused to hotel held short but which said. the proposed merger of another List Chicago bank discussed similar conference Groves failed to the merger which 19. causing great attend September He had been alarm for his safety the meeting but en route arrive and could not be not found search resulted in bu wide one reported Sedar Lake resort after the scheduled bank meetday Then all trace him run on the American State immediately the Bank tution asked the examine the department


Article from The Orlando Sentinel, September 30, 1930

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MAN RETURNS BUT MYSTERY REMAINS Banker Maintains Period Of Week Is Blank EAST CHICAGO, Ind., Sept. 29. -(P)-Hazel K. Groves, bank president and county treasurer has returned to his home but his disappearance is as much of a mystery as it was during the week he was gone. Groves, who dropped out of sight Sept. 19. returned early Saturday, issued a statement through his son saying he could remember nothing from last Saturday until yesterday when he awoke in a Peoria, III., hotel. He refused to see reporters but held short conference with business associates at which it was said the proposed merger of Groves' and another East Chicago bank was discussed. A wide search resulted in but one clue-Groves was reported seen at a Cedar Lake, Ind., resort the day after the scheduled bank meeting. Then all trace of him was lost. Fearing run on the bank, Directors of the American State Bank immediately closed the institution and asked the State banking department to examine the books. The bank was found to in satisfactory condition, despite "slight irregularities. Groves books as Lake County treasurer also were examined and found to be in good shape.


Article from The Times, October 7, 1930

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AMERICAN STATE BANK OPENS ITS DOORS TODAY of East opened for the ing certificates, under which expects merge Chicago part of and sume the full deposit liability of the State formal statement from Thomas D. chief deputy state Walter president of East Chiin last Times set forth the terms merger. Schrage, the this clared of had already the bank had accepted the and expressed his optimism over the prospect depositors days during which the bank will be open day and night. some time ago off depositors in full but interest the cash of the Chicago Mr. Barr prevented this. As an ternative agreed that the two banks would merge if the checking account depositors of more savings depositors of $100 agree accept time certificates token of their money, taking of the assets the American by the East State, and enable full payment deposits without the necessity of receivership proceedings and the consequent loss.


Article from The Times, October 7, 1930

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AMERICAN STATE BANK OPENS ITS DOORS TODAY American of East Chicago opened doors ing for the time positors of than $200 sign time under which the bank East latter part of and ultimately sume the full deposit liability of the American formal statement from Thomas D. Barr, chief deputy banking Walter president of East Chiin last set forth the terms Mr. clared of depositors already the bank had accepted time certificates, and his optimism over the expressed of the depositors days the bank will night. Mr. volunteered time to take the American and pay off the depositors in full withdraw, but in the of protecting the cash of the State, Mr. As ternative that the banks the of or the savings $100 would agree to accept token of their money, of assets of the American State by the East Chicago State, and enable full ment deposits without the necesproceedings and of receivership consequent loss.


Article from The Times, October 7, 1930

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AMERICAN STATE BANK OPENS ITS DOORS TODAY of opened doors ing for first time since positors of than $200 to time under which expects East latter part of this and ultimately sume the full deposit liability of the American formal statement from Thomas D. chief deputy Schrage, of the East Chicago State, in last Times set forth the of the merger. Mr. Schrage, the American State this clared number of depositors already into the bank and had accepted the time certificates, expressed his optimism over the depositors Judge Clyde Cleveland afternoon designated the Peoples which the bank will be open State bank the receiver for the day and defunct Peoples Co-Operative State Mr. volunteered bank of Deputy Attorney General E. Burke Judge and pay the depositors and for full the will receive the the interest of the cash tection the court in of the East Chicago and obligations as the liquidating Mr. Barr prevented this. agent. that the The Peoples immediately the assets of the Peoples account of $200 or Co-Operative, proceed to liquiand the depositors date them and pay out the depositors of $100 would agree to accept gradually as realization made on token of their the notes and other allow the assets ligations payable to the Peoples Coof the American State by the East Operative. In manner, payment Chicago State, and full of 100 percent on deposits will ment deposits the necesmade, although will necessarily of receivership proceedings and sity require little time pending the the consequent loss.


Article from The Times, October 7, 1930

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AMERICAN STATE BANK OPENS ITS DOORS TODAY The American State Bank of East Chicago opened its doors this mornIng for the first time since closweeks allow depositors of more $200 to sign time certificates, under which expects East Chicago Bank the latter of this the full deposit liability of the formal statement Thomas D. Barr, chief deputy state banking Walter Schrage, president East in last Times forth the the American clared that number depositors already the bank and had accepted time certificates, expressed his optimism over the prospect of most the depositors coming during which the bank will be open and night. Mr. volunteered some time ago State pay depositors in full withdraw, but in the protecting the reserve the Chicago State, Mr. Barr prevented alternative it agreed that banks would merge if checking account depositors $200 more and the depositors of $100 would agree accept time token of their money, allow the taking over of the assets of the American State by the East Chicago State, and enable full ment deposits without necessity of receivership proceedings the consequent


Article from The Times, October 27, 1930

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BARR WILL APPLY FOR BANK RECEIVER will be made this afterApplication Barr, chief by Thomas noon state banking commission, deputy Attorney-General E. and Deputy for the Burke Walker for receiver Bank of East ChiAmerican State which has been closed for cago, negotiations for eral weeks pending the East Chicago State merger application will be filed Bank. The Maurice Crites in the before Judge East Chicago Superior court. president of the Hazel Groves, State, and Walter American of the East ChiSchrage, president Bank, said this morning State to the that negotiations merger would proceed with the expectation that the situation would adjusted in the near future and allow the The be of form with believed to the not to merely the prefer closed but like to defiremain establish its status. nitely given by Groves that no to the depositors of the American State. ANDERSON- free lunch room will be operated for needy persons this winter, was announced by Mayor H. Mellett. Business will solicited for funds to finance the project.


Article from The Times, February 18, 1931

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EAST CHICAGO WASHINGTON AND FROEBEL at climax the Twin LENT OPENED TODAY WITH of Roman Catholic faith Ash Wednesday. DEPUTY SHERIFFS MINER AND Crawford in East Chicago again last night. CITY BOY SCOUTS HAVE offers camp J. GOULD GOULD'S IS IN York buying spring chandise. NEW INDUSTRIAL DEVELOPments to solve the local employment situation. COMPLETE SPRING PROgram for Twin City Lions has been put into effect. EAST CHICAGO R V $26,176.01 yesterday as its share of state gasoline tax refund for EAST CHICAGO'S DEMOCRATS Paul McNutt political meeting last evening at Whiting. AMERICAN STATE BANK ceivers plan move from bank the corner store opening for other business. "HER HONOR THE IS three-act comedy to the the church Friday evening. NEW AUTOS AND to the East Chicago Police force. TRAFFIC SIGNS BEING INstalled the Twin City by the Chicago Motor club, survey to determine the city's needs. THE PROSECUTOR HAD "good at the city court 10 convictions. H. INSURANCE agent, against insurance bootleggers. He member committee for that appointed by Calumet Life Underwriters association. THE PRESIDENT OF the from today. Matters pertaining to the Forsyth viaduct, districts and budgets their attention.


Article from The Times, February 27, 1931

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Did You Hear That EAST CHICAGO ANOTHER SIGN OF SPRING AND industrial expansion is the grading at company. busy pushing around. NUMBER ONE FIRE DEPAR destruction by fire yesterday. COL. P. OF THE state is giving the during present visit in the region. M. MARY AGNES IS IN EAST Chicago for the first time leaving Carmelite 1913. She is back on the job here and was greeted by many of her former WILLIAM O. DAY, BLIND JUStice terday on charge of grand larceny. DR. R. H. WASSER, OF SHELL is in Florida for short OLAFF ENGINEER of the U. S. Lead Refinery, is WINDOWS OF THE AMERICAN State bank were washed today for the first time since the Institution closed last September. Receivers for the bank plan to move to new offices soon. PLAYS CENTRAL Fort Wayne here night to wind up the local cage season, PURCHASE THE SWIFT AND Company lines General confirmed yesterday in New York. FOURTH DISTRICT MEETKnights Pythias held in East Chicago tonight. THREE LIQUOR RAIDS WERE made night and police arrested three this morning. INLAND RECEIVED 7,000 TON rail order from Nickel Plate railroad yesterday. THE NORTHERN INDIANA CONference cage title will be stake tonight the Senators meet LaPorte here. JURIES IN THE EAST CHICAGO court work out on damage this AUTOMOBILE LICENSES MUST be purchased at the General Amerirestaurant Euclid avenue ATTORNEY JAMES W. BRISSEY has moved offices the John Pora building on Guthrie INDIANAPOLIS SEEMS TO BE the "Mecca politicians" from East Chicago. H. R. Packard and A. P. Twyman there today. Andrew Rooney returned this morning, Ed Knight Is going back next as great many others interested in legislation.


Article from The Times, March 13, 1931

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SCHRAGE REPLIES TO DEPOSITORS In to many calls which he reply [SPECIAL TO THE TIMES) received, Walter Schrage of CROWN POINT, Ind., March Whiting, appointed Sheriff Roy Holley last ceiver American State Bank of East Chicago, stated today that given gold, pearl clients who perferment by deputies their claims have until April 20 the sheriff's home which file their preferred claims. Deputy Sheriff John Mr. Schrage declared that deposiof accounts, checking of Hammond, after tors savings accounts, to oration eloquent petitions preferment their cooperation in the claims anypresented Sheriff way, to ruling made by the court. gold firearm.


Article from The Times, March 13, 1931

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SCHRAGE REPLIES TO DEPOSITORS In reply many calls which he Walter Schrage Whiting, appointed receiver for the American State Bank of East Chicago, stated today that clients on their claims have April 20 in their claims. Mr. that deposiof savings checking accounts, do not to file petitions for their claims anyruling made by the court.


Article from The Times, September 15, 1931

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LESLIE HALTS PURCHASE OF TRUCKS Sept. the cases tried in the same court. before Most of the cases against the fireLes- trial that high- Crown continue divorce suit of Bicknell The suspend the order for purchase Bicknell to be heard 120 trucks until he returns to this Judge Crites' court transferred Ridgely's court in Gary. The governor left for Detroit but will heard special court where receive thirtyHammond next Monday Judge degree Masonry Ridgely acting special judge. sonic national gathering there this damage suits and Several small On visit Mrs. for collection Then to be heard also today. President Files Suit to Quiet Title the president was filed East interested the taxpaythis truck Superior the said. also American State bank, its receiver, bidder should re- Walter Schrage and Clestiva believe that every Jarivilli and wife, by W. Van equal chance." refused to outline Horne, East Chicago, to quiet the governor why be halted the huge title of real estate owned by specifically arranged by the Horne, which disputed by commission last above defendents.


Article from The Times, December 21, 1931

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Voice of the People Letters for the Voice of People. not over 200 words long, written legibly, on one side of the paper and free from all personality and with above the all name must and address signed the writer. to is your because letter it falls violates appear, one of these East Chicago, Ind. Dec. 20, 1931 Editor of The Times: Would like to hear from the American State bank receiver, other banks are giving dividends for Christmas, why not the American State bank? Why does the receiver never report to depositors. Yours truly CHARLES SCHWARTZ, 4411 Baring avenue.


Article from The Times, December 23, 1931

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GROVES, BLACK, LINTON TRIALS EARLY IN JAN. (SPECIAL TO THE TIMES] CROWN POINT, Trials of Hazel K. Groves, county and William Linton and James Black, county on the Criminal court calendar today. Groves, was president of the American State bank of East closed, overdrafts filed by Presocutor Robert G. Estill after first grand investigating bank failed to indict him. His been set for the the court which 11. Black, jury indictments negligence in allowing have their cases for trial on January While set will tried the Criminal they Judge Maurice E. Crites court, the East Chicago Superior court will the presiding judge. They asked for change last week and Judge Martin J. Smith granted the motion.


Article from The Times, December 23, 1931

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GROVES, BLACK, LINTON TRIALS EARLY IN JAN. [SPECIAL TO THE TIMES) Trials of Hazel K. county treasurer, William Linton and James Black, county commissioners were set on the Criminal court calendar today. Groves, president of the American State cago, closed, was charged overdrafts affidavits filed by Presocutor Robert Estill after first grand jury, investigating bank failures, failed to dict been the second Monday the new court which be January 11. Linton and are jury inin have their cases set While tried the Criminal Maurice Crites the East Chicago court will the judge. They asked for venue week and Judge Martin Smith granted the motion.


Article from The Times, December 23, 1931

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GROVES, BLACK, LINTON TRIALS EARLY IN JAN. [SPECIAL TO THE TIMES) CROWN POINT. Ind., Dec. 23.Trials of Hazel K. Groves, county treasurer, William Linton and James Black, county on the Criminal court calwere endar today. Groves, was president of the American State bank of East Chiclosed, charged overdrafts in affidavits filed by G. Estill after grand jury, failed diet His the second which be 11. court Black, who charged in grand jury indictments with official negligence have their cases trial January While they tried the Criminal court, Judge Maurice E. Crites the East Chicago Superior will presiding judge. They asked for Martin J. Smith granted the Judge motion.