The articles report the First National Bank of Warren closed voluntarily in late 1928 because of a series of losses and was placed in receivership. There is no mention of a depositor run; the institution remained closed and a receiver administered dividends in 1930. Receiver changed from Lawrence E. Lyons (appointed c.1928) to Robert Hartman (appointed Apr 1930). OCR errors in articles corrected (e.g., 'receiv er', 'resigned', dates inferred from publication).
Events (6)
1.September 29, 1905Chartered
Source
historical_nic
2.December 1, 1928*Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed voluntarily after a series of losses over several years reported by officials
Newspaper Excerpt
charge of the assets of the First National bank at Warren yesterday ... the institution, which closed its doors voluntarily few days ago
Source
newspapers
3.December 7, 1928Receivership
Source
historical_nic
4.December 12, 1928Receivership
Newspaper Excerpt
LYONS IS NAMED BANK RECEIVER ... Lawrence E. Lyons ... took charge of the assets of the First National bank at Warren yesterday ... the institution, which closed its doors voluntarily few days ago . . . series of losses over several years was mid responsible for the closing officials ... said would pay its depositor[s].
Source
newspapers
5.April 13, 1930Receivership
Newspaper Excerpt
Robert Hartman Named Warren Bank Receiver ... has been notified by his appointment as receiver for the First National bank at Warren which closed than year ... He will succeed Lawrence Lyons, former Republican state chairman, who resigned.
Source
newspapers
6.November 15, 1930Other
Newspaper Excerpt
THREE CLOSED BANKS WILL MAKE PAYMENTS Depositors at Arcadia, Farmland and Warren to Get Dividends ... he will pay a 10 per cent dividend to the First National bank of Warren. This will be the third payment, making a total of 50 cents on the dollar.
Source
newspapers
Newspaper Articles (7)
1.December 12, 1928The Huntington PressHuntington, IN
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Article Text
LYONS IS NAMED BANK RECEIVER
Former Republican Chieftain Takes Charge of Warren Bank
Lawrence E. Lyons of Brooke, Ind., former head of the Republican state commitee, charge of the assets of the First National bank at Warren yesterday, was Carlos B. Dawes of Columbus, Ohio, neuhew of Vice-President Charles G. Dawes, had been appointed to act 68 ceiver for the institution, which closed its doors voluntarily few days ago Mr. Dawes went Warren several days He and Mr. Lyons were at the bank yesterday, but it is understood that will leave as soon transfer has taken place. series of losses ove several years was mid sponsible for the closing officials of which said would pay its depositor
2.April 13, 1930The Indianapolis StarIndianapolis, IN
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Article Text
Robert Hartman Named Warren Bank Receiver
NOBI April Robert Hartman of this has the controller of the notified by his appointment as receiver rency for the First National bank at ren which closed than year He the place Law state resigned Mr Hart now for five national banks central Indiana They are Sheridan Arcadia Farmland and Warren
3.April 14, 1930The Indianapolis TimesIndianapolis, IN
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Article Text
Bank Receiver Chosen By Times Special NOBLESVILLE, Ind., April 14.Robert Hartman has been notified by the controller of currency at Washington of his appointment as receiver of the First National bank at Warren, which closed fifteen months ago. He will succeed Lawrence Lyons, former Republican state chairman, who resigned. Hartman now is acting as receiver for five national banks in this part of the state. They are at Sheridan, Arcadia, Noblesville, Farmland and Warren.
4.April 14, 1930The Star PressMuncie, IN
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Article Text
HARTMAN IS APPOINTED WARREN BANK RECEIVER
Noblesville, Ind., April -Robert Hartman. of this city, has been notified by the controller of the of his appointment as receiver for the First National bank at Warren. which closed more than a year ago. He takes the place of Lawrence Lyons, former Republican state chairman, who resigned. Mr. Hartman is now receiver for five national banks in north central Indiana. They are at Noblesville. Sheridan, Arcadia, Farmland and Warren.
5.April 14, 1930The Indianapolis TimesIndianapolis, IN
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Article Text
Bank Receiver Chosen
Ind., April Robert Hartman been notified controller currency Washington of his appointment receiver of the First National Warren. which closed fifteen months will Lawrence Lyons, former Republican chairman, resigned. Hartacting as receiver for five national banks part the state. They are at Sheridan, Arcadia, Noblesville, Farmland and Warren.
6.November 15, 1930The Indianapolis TimesIndianapolis, IN
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Article Text
THREE CLOSED BANKS WILL MAKE PAYMENTS Depositors at Arcadia, Farmland and Warren to Get Dividends. Bu Times Special NOBLESVILLE, Ind., Nov. 15.Robert Hartman of this city, receiver for several banks in central Indiana, says that he is arranging for some Christmas money in the way of dividends for depositors which will be ready for distribution in a few days. The first payment will be a 10 pe rcent dividend to depositors of the First National bank of Arcadia. This will make 80 cents on the dollar paid so far. He is also arranging to pay a 25 per cent dividend to depositor of the New National bank of Farmland. This will be the first dividend of this bank, which was closed last summer. In a short time he will pay a 10 per cent dividend 10 the First National bank of Warren. This will be the third payment, making a total of 50 cents on the dollar.
7.November 15, 1930The Indianapolis TimesIndianapolis, IN
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Article Text
THREE CLOSED BANKS WILL MAKE
Depositors at Arcadia, Farmland and Warren to Get Dividends.
Ind., Nov Robert Hartman this receiver for in Indiana, that he for in the dividends for will be ready for distribution few The first will be rcent dividend First bank Arcadia will 80 cents on the dolpaid so arranging to pay cent dividend National bank of Farmland. This will the first dividend this bank, which closed last summer. In short time 10 dividend pay National bank This will the third making total of 50 cents the dollar.
