5593. Bank of Elkhart (Elkhart, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 1, 1858
Location
Elkhart, Indiana (41.682, -85.977)

Metadata

Model
gpt-5-mini
Short Digest
088e95df

Response Measures

None

Description

Multiple contemporaneous Indiana newspapers (June 1858 and earlier) report the Bank of Elkhart 'giving notice of their intention to withdraw their circulation' and 'winding up voluntarily, and redeeming their notes at par, redeemed at the bank'. No article describes a depositor run. This indicates a voluntary winding-up (closure) rather than a run-triggered suspension.

Events (1)
1. March 1, 1858 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank gave notice of intention to withdraw its circulation and is winding up voluntarily; notes redeemed at par at the bank; ten percent excess securities retained by Auditor of State per law change context.
Newspaper Excerpt
The following banks are winding up voluntarily, and are redeeming their notes at par ... Bank of Elkhart, redeemed at the bank.
Source
newspapers

Newspaper Articles (19)
1. June 12, 1857 The New York Herald New York, NY
Article from The New York Herald, June 12, 1857

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The specie paying banks that are winding up and redeeming their circulation at par areBrookville Bank, Bank of the Capitol, Bank of Elkhart, Hoosier Bank, Indiana Stock Bank, Huntington County Bank, Indiana Reserve Bank, Bank of Monticello, redeemed at Branch Bank, Lafayette; Fayette County Bank, redeemat Branch Bank, Connersville; Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany; Bank of Syracuse, redeemed at Bank of Goshen; New York and Virginia State Stock Bank, redeemed at Crescent City Bank; Traders' Bank, Indianapolis, redeemed at the Bank of the Capitol. The suspended banks, redeemed at the Auditor's office at 90 per cent, areBank of Albany, Kalamazoo Bank, State Stock Bank, Marion, and Bank of Clinton. Those at 87 per cent are-Bank of America and Bank of Connersville. At 92 per cultureTraders' Bank, Nashville, and Wabash Valley Bank. Those at par are-Agricultural, Orange, Bank of Perryville, Rockport, South Bend, Wayne Bank, Logansport and Bank of Warsaw. The Atlantic Bank at 80 per cent; Elkhart, 97; Farmers' Bank, Jasper, at 91; Laurel Bank at 82; Nerthern Indiana at 832 State Stock Bank, Peru, at 85; Bank of T. Wadsworth at 91; Bank of North America, Clinton, at 90; Savings Bank of Indiana, Connersville, 69.

2. October 7, 1857 The Daily Gate City Keokuk, IA
Article from The Daily Gate City, October 7, 1857

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Indiana Banks. The Indianapolis Journal of the 29th ult. furmishes the following list of specie paying banks in that state, and also the value of the notes of suspended banks. The issues of banks not included in the list are worth the or nothing; SPECIE PAYING BANKS. Bank of the State of Indiana and branches. *Brookville bank, Brookville. Bank of the Capitol, Indianapolis. *Bank of Elkhart, Elkhart. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Indiana, Michigan City. Bank of Monticello, Monticello. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabashtown. *Bank of Syracuse, Syracuse. Bank of Salem, Salem. Bank of Salem, New Albany. Bloomington bank, Bloomington. Crescent City bank, Evansville. Canal bank, Evansville. Cambridge City bank, Cambridge. Central Bank, Indianapolis. Exchange bank, Greencastle, "Fayette Co. bank, Connersville. Farmers' bank, Westfield. Hoosier bank, Logansport. Huntington county bank, Huntington. Indiana bank, Madison. "Indian Reserve bank, Kokomo. Indiana Farmers' Bank, Franklin. *Indiana Stock bank, Laporte. Kentucky Stock bank, Columbus. Lagrange bank, Lima. Merchants' & Mechanics' bank, N. Albany: New York and Virginia State Stock bank, Evansville, Parke county bank, Rockville. Prairie city bank, Terre Haute. Southern bank of Indiana, Terre Haute. Salem bank, Goshen. State bank of Indiana and branches. "Traders' bank, Indianapolis. Tippecanoe bank, Logansport. NOTE.-The above list embraces the State bank and branches, the bank of the State of Indiana, and branches, and such of the specie-paying free banks as are now doing, or have been doing, a legitimate business in regular banking houses. Those marked with a * star are withdrawing their oirculation. The notes of the bank of Monticello are redeemed at the branch bank, Lafayette; of the bank of Syracuse, at the bank of Goshen; of the Fayette county bank, at the branch bank, Connersville; Merchants' and Mechanics' bank, at the branch bank, New Albany; New York and Virginia Stock bank, at the Crescent city bank, Evansville. SUSPENDED AND BROKEN BANKS. The following list embraces the suspended free banks of Indiana, whose issues are redeemed by the auditor at the rate affixed to each, except where another place of redemption is named in the list:

3. October 23, 1857 Indiana American Brookville, Indianapolis, IN
Article from Indiana American, October 23, 1857

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folks can only realize six, except in times like these when they can realize from five to a hundred, OVER THE LEFT. But says the friend of banks, "well regulated banks are useful"-so, we add would be a well regulated whirlwind,-take the twists out of it, and "regulate" its speed to about five miles an hour, and it would not only be harmless but very pleasant ; but it would no longer be a whirlwind, that is all() Take away from banks the power to shave-the right to take all the interest it wants-the right to"issue notes, and the right to break with those notes in the hands of poor people, and it would no longer be a bank. Some of our readers want us to give a tlist of bad banks, That would require about twice large a sheet as ours, devoted to banks alone. The New York banks are all suspended. The following are considered too bad to take, all others are current: Ingra River bank, Tonawanda. Agricultural bank, Herkimer County, Dairyman's bank, Newport, Hollister bank, Buffalo, Ontario bank, Utica. O. Lee & Co's bank, Buffalo. Bank of Orleans, Albion. Reciprocity bank, Buffalo. Sackett's Harbor bank, Buffalo, Yates County bank, Penn Yan. Tompkin's County bank, Ithaca. Huguenot bank, New Paltz, Medina bank, Medina. Troy City bank Troy. Central bank of New York, of Utica. Hamilton Exchange bank. Greene. The following Illinois banks have increased their securities, and are current: Agricultural bank: Alton bank; Bloomington bank; Central (Peoria) bank : City (of Ottawa) bank; Chicago bank; Citizen bank; Elgin bank; Edgar County bank: Farmers' and Traders' bank; Frontier bank; Galena bank: Grayv Ille bank; In. ternational bank; Lafayette bank: Marion bank; McLean County bank; Merchants' and (Drovers bank; National bank: Northern Illinois bank; Na. pierville bank; Prairie Sta to bank; Bank of Peru; Pike County bank; Quincy bank; Railroad bank: Southern (Gravville) bank; State (Shawneetown) bank; E. 1. Tinkham & Co's bank; Warren County bank. The Ohio State Banks except the following, are current now, but may not be by the time our paper reaches its readers. Dayton Bank. Sandusky City do. Clinton do. Columbus. Miami Valley do. do. Columbus. City Franklin do. Columbus. The Kentucky Banks are yet current The following Free Banks in Indiana have increased their securities and are re" garded safe. There surplus of securities, over issues of 114,999: Bank of Goshen " Gosport. Mt. Vernon. Indiana. " Paoll. " Rockville. " Salem, New Albany. : Salem, Salem. Bloomington Bank. Cambridge City do. Canal do do Crescent City do Exchange do Westfield. Farmers' do Indiana Indiana Farmsrs' de Kentucky Stock do do Lagrange do Parke County do Prairie City Salem do Goshen. Southern do of Indiana. Thy following banks are closing, but their securities are good, amounting to 7,565 above issues: Central Bank. Brookville do Bank of the Capitol. " of Elkhart. of Monticello. of Syracuse Hoosier do Indiana Stock do Huntington County do Indiana Reserve do Fayette County do Merchants & Mechanics' do The Tippecanoe Bank is under protest.

4. January 15, 1858 The New York Herald New York, NY
Article from The New York Herald, January 15, 1858

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BANKS OF RHODE ISLAND. Due from Banks. 93 B'ks Dec. 14. 98 B'ks May 2. in $20,561,510 Capital actually paid $20.857,075 Bills in circulation 3,192,661 5,344,662 Deposits on interest 381,402 439,322 Deposits not on interest 2,452,327 3,045,571 Debts due to other banks 1,661,204 1,484,358 Dividends unpaid. 57,780 74,985 Net profits on hand 1,308,979 1,338,505 Total amount of liabilities $29,615,867 $32,584,482 Resources of the Banks. Debts due from directors $1,571,713 $1,568,742 " from stockholders 1,306,004 2,338,120 " from all others 22,945,433 25,136,935 Specie actually in banks 570,850 329,724 Bills of other banks 860,778 1,220,047 Deposits in other banks 1,410,675 1,134,609 Its own held by the bank 226,733 83,472 Amount and description of stock in other banks and of other stocks owned by the bank 145,129 127,839 Real estate 527,787 505,705 50,760 Other property 89,182 Total amount of resources $29,615,867 $32,584,482 Increase of capital since last return 201,500 458,429 Amount of last dividend 727,121 732,949 Reserved pronts at the time of last dividend 903,341 834,438 Debts due and not paid 1,387,425 585,152 Amount of suspended paper considered bad or doubtful 304,450 86,056 Amount loaned on pledges of stock in the bank $92,550 665,698 Amount of bills in circulation under five dollars 710,975 1,146,217 Among the facts exhibited by this report are, that in May last the circulation of all the banks was $5,344,662. when they then held $329,724 in specie, or about 6 per cent. By the report made in Decem. ber, the circulation was $3,192,661, with $570,850 in specie, or a proportion of 18 per cent of the circulation. The loans in this time have been reduced $3,271,847. A fact in connection with this must be stated: that the May report embraced the returns of five more banks, with an aggregate of about $300,000 capital, than are given in the latter report. Four of these banks have gone into liquidation, and one did not make its report in season to be included in the abstract. The State Auditor of Indiana gives the following official statement in relation to the free banks of that State:INDIANA FREE BANKS, JAN. 1, 1858. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of the State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation:Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli. Paoli. Bank of Rockville, Wabash. Bank of Salem, New Albany. Bank of Salem, Salem. Bloomington Bank, Bioomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Park County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, Terre Haute. The following barks have complied with the amended law. but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin:Bank of Indiana, Michigan City. Canal Bank, Evansville. Central Bank, Indianapolis-redeemed by the Treasurer of State. Crescent City Bank, Evansville. The following banks gave notice of their intention to close prior to the first day of March, 1858, in preference to complying with the provisions of the amended law, requiring ten per cent excess of securities. The notes are redeemed at par:Bank of Elkhart, redeemed at the bank. " Brookville Bank, " " Hoosier Bank, " Huntington County Bank, " Indiana Stock Bank, Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette County Bank, redeemed at Branch Bank, Connersville. Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Branch Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED INDIANA FREE BANKS. The notes of the following banks are redeemed by the Auditor of State, viz. Agricultural Bank at par. Atlantic Bank at 80c. at 90c. Bank of Albany Bank of Albion at par. Bank of America at 87c. Bank of Attica at 80c. at 88c. Bank at Bridgeport 87c. Bank of Conneraville

5. January 28, 1858 The Weekly Pioneer and Democrat Saint Paul, MN
Article from The Weekly Pioneer and Democrat, January 28, 1858

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Indiana Free Banks, The following Banks have complied with the amended law of 1855. and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent. in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport. Gosport, Bank of Mt. Vernon. Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville Wabash. Bank of Salem, New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank. Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmer's Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Park County Bank. Rockville. Prairie City Bank. Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, Terre Hante. The following Banks have complied with the amended law. but have since given notice of their intention to withdraw their circulation. Their notes are payablein coin : Bank of Indiana, Michigan City. Canal Bank, Evansville. Central Bank, Indianopolis-redeemed by the Treasurer of State. Crescent City Bank, Evansville. The following Banks gave notice of their intention to close prior to the 1st day of March, 1858, in preference to complying with the provisions of the amended law, requiring ten per cent. excess of securities.The notes are redeemed at par : Bank of Elkbart. redeemed at the bank. : Brookville Bank, " ** Hoosier Bank. : Huntington Co. Bank. .. Indiana Stock Bank, Bank of Monticello. redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank, Connersville. Merchants' and Mechanics' Bank. redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Branch Bank of Goshen. Indiana Reserve Bank, redeemed at Fletcher's Bank, Indianopolis. SUSPENDED INDIANA FREE BANKS. The notes of the following Banks are redeemed by the Auditor of State, viz :

6. February 10, 1858 Daily Iowa State Democrat Davenport, IA
Article from Daily Iowa State Democrat, February 10, 1858

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Indiana Free Banks. The following article from the Chicago Prese, is relation to the Indiana free Banks, will be read with interest : OFFICE OF AUDITOR OF STATE, } Indianapolis, Feb. 1, 1858. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than thoasand dollars, and ten per cent. in excess of their circulation: Bank of Goshen, Goshen; Bank of Gosport, Gosport; Bank of Mount Vernon, Mount Vernon; Bank of Paoli, Paoli; bank of Rockville, Wabash; Bank of Salem, New Albany; Bank of Salem, Salem, Bloomington; Cambridge City Bank, Cambridge City; Exchange Bank, Greencastle Farm. ers Bank, Westfield; Indiana Bank, Madison Indiana Farmers' Bank, Franklin ; Kentucky Stock Bank, Columbus; Lagrange Bank, Lima; Parke County Bank, Rock. ville; Prarie City Bank, Terre Haute ; Salem Bank, Goshen ; Southern Bank of Indiana, Terre Haute. The following banks have complied with the amended law, but have since given notice of their intention to withdraw their eirculation. Their notes are payable in coin Bank of Indiana, Michigan City Canal Rank, Evenaville; Central Bank, Indianapols-redeemed by the Treasorer of State; Crescent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par, as specified. The ten per cent excess of securities is retained by the Auditor Bank of Elkhart, redeemed at the bank ; Brookville Bank, do; Hoosier Bank. do Huntington County Bank, do; Indiana Stock Bank, do; Bank of Monticello, redeemed at Branch Bank. Lafayette; Fayette County Bank, redeemed at Branch Bank, Connersville; Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany Bank of Syracuse redeemed at Bank of Goshen; Indian Beserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED INDIANA FREE BANKS. The notes of the following banks are redeemed by the Auditor of State, viz: Agricultural Bank at par, Bank of Albany at 90 cents, Bank of America at 87 cents, Bank of Brideport at 88 cents, Bank of Per. rysville at par, Bank of T. Wadsworth at 91 cents, Bank of North America, Clinton, at 90 cents, Kalamazoo Bank at 90 eents, Northern Indiana Bank at 83 cents, Orange Bank at par, State Stock Bank of Indiana, Peru, at 85 cents, Savings Bank of Indiana at 69 cents, Wabash Valley Bank at 92 bents, Bank of Warsaw, redeemed at the bank; Atlantic bnak at 80 cents, Bank of Albion at par, Bank of Attica at 89 cents, Bank at Connersville at 87 cents, Bank of South Bend at par, Bank of the Capitol at par, Bank of Rockport at par, Farmers' Bank, Jasper, at 91 cents, Laurel Bank at 82 cents, New York and Virginia State Stock at par, State Stock Bank Marion, at 90 cents, Traders' Bank, Nashville, at 92 cents, Wayne Bank, Richmond, at par, Wayne Bank, Logansport, at par. The notes of the Indiana Stock Bank will be redeemed at Fletcher's Bank in a few days. The notes of all other banks not on the above list are of no value, the circulation to the extent of the securities deposited with the Auditor for the redemption of the notes having been exhausted. JOHN W. DODD, Auditor of State.

7. February 11, 1858 Marshall County Democrat Plymouth, IN
Article from Marshall County Democrat, February 11, 1858

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The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent. in excess of their circulation. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem, New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greencastle. Farmers Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, Terre Haute. The following banks have complied with the the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin. Bank of Indiana, Michigan City. Canal Bank, Evansville. Central Bank, Indianapolis-redeemed by the Treasurer of State. Crescent City Bank, Evansville. The following banks have given notice of their intention to close prior to the first day of March, 1858, in preference to complying with the provisions of the amended law, requiring ten per cent. exeess of securities. The notes are redeemed at par: Bank of Elkhart, redeemed at the Bank' " " " Brookville Bank, " " " Hoosier Bank, Huntington County Bank, redeemed at the Bank. " " " " Indiana Stock Bank of Montic llo, redeemed at the Branch Bank, Lafayette. Fayette County Bank, redeemed at the Branch Bank, Connersville. Merchants' and Mechanics' Bank, redeemed at the Branch Bank, New Albany. Bank of Syracuse, redeemed at the Branch Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED INDIANA FREE BANKS. The notes of the following banks are redeemed by the Auditor of State. viz:

8. February 18, 1858 Marshall County Democrat Plymouth, IN
Article from Marshall County Democrat, February 18, 1858

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ted with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent. in excess of their circulation. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem, New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greencastle. Farmers Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank. Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, Terre Haute. The following banks have complied with the the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin. Bank of Indiana, Michigan City. Canal Bank, Evansville. Central Bank, Indianapolis-redeemed by the Treasurer of State. Crescent City Bank, Evansville. The following banks have given notice of their intention to close prior to the first day of March, 1858, in preference to complying with the provisions of the amended law, requiring ten per cent. exeess of securities. The notes are redeemed at par: Bank of Elkhart, redeemed at the Bank' " " " Brookville Bank, " " " Hoosier Bank, Huntington County Bank, redeemed at the Bank. " " " " Indiana Stock Bank of Montic llo, redeemed at the Branch Bank, Lafavette. Fayette County Bank, redeemed at the Branch Bank, Connersville. Merchants' and Mechanics' Bank, redeemed at the Branch Bank, New Albany. Bank of Syracuse, redeemed at the Branch Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED INDIANA FREE BANKS. The notes of the following banks are redeemed by the Auditor of State. viz:

9. February 25, 1858 Marshall County Democrat Plymouth, IN
Article from Marshall County Democrat, February 25, 1858

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BANK NOTE LIST. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent. in excess of their circulation. Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem, New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Cambridge City Bank, Cambridge City. Exchange Bank, Greencastle. Farmers Bank, Westfield. Indiana Bank, M udison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank. Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank. Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, Terre Haute. The following banks have complied with the the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin. Bank of Indiana, Michigan City. Canal Bank, Evansville. Central Bank, Indianapolis-redeemed by the Treasurer of State. Crescent City Bank, Evansville. The following banks have given notice of their intention to close prior to the first day of March. 1858, in preference to complying with the provisions of the amended law, requiring ten per cent. exeess of securities. The notes are redeemed at par: Bank of Elkhart, redeemed at the Bank' " " " Brookville Bank, " " " Hoosier Bank, Hantington County Bank, redeemed at the Bank. " " " " Indiana Stock Bank of Montic llo, redeemed at the Branch Bank, Lafayette. Fayette County Bank, redeemed at the Branch Bank, Connersville. Merchants' and Mechanics' Bank, redeemed at the Branch Bank, New Albany. Bank of Syracuse, redeemed at the Branch Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED INDIANA FREE BANKS. The notes of the following banks are redeemed beth of S

10. April 6, 1858 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, April 6, 1858

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lowing circular in relation to the Free Banks of the State. OFFICE OF AUDITOR OF STATE, Indianapolis, April 1, 1858. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation: Bank of Goshen, Goshen; Bank of Gosport, Gosport; Bank of Mt. Vernon, Mt. Vernon; Bank of Paoli, Paoli; Bank of Rockville, Wabash; Bank of Salem, New Albany; Bank of Salem, Salem; Bloomington Bank, Bloomington; Exchange Bank, Greencastle; Farmers' Bank, Westfield; Indiana Bank, Madison; Indiana Farmers, Bank, Franklin; Kentucky Stock Bank, Columbus; Lagrange Bank, Lima; Parke County Bank, Rockville; Prairie City Bank, Terre Haute; Salem Bank, Goshen, Southern Bank of Indiana, Terre Haute. The following banks have complied with the amended law, but havesince given notice of their intention to withdraw their circulation. Their notes are payable in coin: Bank of Indiana, Michigan City; Cambridge City Bank, Cambridge City; Canal Bank, Evansville; Central Bank, Indianopolis; redeemed by the Treasurer of State; Crescent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par as specified. The ten per cent excess of securities is retained by the Auditor: Bank of Elkhart, redeemed at the bank; Brookville Bank, redeemed at the bank; Hoosier Bank, redeemed at the bank; Huntington County Bank, redeemed at the bank; Indiana Stock Bank, redeemed at Fletcher's Bank; Bank of Monticello, redeemed at the Branch bank, Lafsyette; Fayette County Bank, redeemed at the Branch bank, Connersville; Merchants' and Mechanics' Bank, redeemed at the Branch Bank, New Albany; Bank of Syracuse, redeemed at Bank of Goshen; Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. Suspended Banks.-The notes of the following banks are redeemed by the Auditor of State. viz:

11. May 7, 1858 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, May 7, 1858

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Indiana Free Banks. OFFICE OF AUDITOR OF STATE. $ Indianapolis, April 1 1858. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem, Salem. Bank of Salem, New Albany. Bloomington Bank Bloemington. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank, Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, T. Haute. The following Banks have complied with the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin: Bank of Indiana, Michigan City. Cambridge City Bank, Cambridge City. Canal Bank, Evansville. Central Bank, Indianapolis - redeemed by the Treasurer of State. Crescent City Bank Evansville. The following Banks are winding up voluntarily, and are redeeming their notes at par, as specified. The ten per cent. excese of securities is retained by the Auditor: Bank of Elkhart, redeemed at the Bank. Brookville Bank, do do do do Hoosier Bank, do do do do Huntington Co. Bank, redeemed at the Bank. Indiana Stock Bank, redeemed at Fletchf er's Bank. e Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch S Bank, Connersville. Merchants' and Mechanics' Bank redeeme ed at Branch Bank, New Albany. = Bank of Syracuse, redeemed at Bank of -Goshen. Indiana Reserve Bank, redeemedat Fletch = er's Bank, Indianapolis. SUSPENDED BANKS. r The notes of the following Banks are

12. May 13, 1858 Marshall County Democrat Plymouth, IN
Article from Marshall County Democrat, May 13, 1858

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Indiana Free Banks. OFFICE OF AUDITOR OF STATE, ) Indianapolis, May 1, 1858. 5 The following Banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market valtie, to an amount not less than fifty thousand dollars, and ten per ct. in excess of their circulation: Bank of Goshen, Goshen; do Gosport, Gosport: do Mt. Vernon, Mt. Vernon; do Paoli, Paoli; do Rockville, Wabash; do Salem, New Albany; do Salem, Salem, Bloomington Bank, Bloomington; Exchange Bank, Greencastle; Farmers' Bank. Westfield; ) Indiana Bank, Madison; Indiana Farmers' Bank, Franklin; I Kentucky Stock Bank, Columbus; Lagrange Bank. Lima; Parke County Bank, Rockville; ) Prairie City Bank, Terre Haute; Salem Bank, Goshen; Southern Bank of Indiana, Terre Haute. The following Banks have complied with t the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in ) coin: f Bank of Indiana, Michigan City; Cambridge City Bank, Cambridge City; Canal Bank, Evansville; Central Bank, Indianapolis-redeemed by the Treasurer of State; Crescent City Bank, Evansville. The following Banks are winding up voluntarily, and are redeeming their notes at par, as specified. The ten per cent. excess of securities is retained by the Auditor: Bank of Elkbart, redeemed at the Bank; " " Brookville Bank, " " Hoosier Bank, " " Huntington Co. Bank Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Connersville. Merchants' & Mechanics', redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, at Fletcher's Bank Indianapolis. SUSPENDED BANKS. The notes of the following Banks are redeemed by the Auditor of State: Agricultural Bank, at par. Atlantic Bank, at 80. Bank of Albany, at 90. Bank of Albion, at par. Bank of America at - 87. Dank of Attica, at 82. Bank of Bridgeport, at 88. Bank of Connersville, at 87. Bank of Perrysville, at par. Bank of South Bend, at par. Bank of T. Wadsworth, at 91. Bank of North America, C Clinton, at 90. Bank of Rockport, at p or. Farmers' Bank, Jaspe* Kalamazoo Bank, at na is at 91. 90. Laurel Bank, at 8 2. Northern Indiar Bank, at 83.

13. June 7, 1858 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, June 7, 1858

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(From the Indianapolis Sentinol, June 1st.] Indiana Free Banks. OFFICE OF AUDITOR OF STATE, Indianapolis, June 1, '58. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten por cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem. New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lugrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute: Salem Bank, Goshen. Seuthern Bank of Indiana. Terre Haute. The following banks have complied with the amended law. but have since given notice of their intention to withdraw their vir. culation. Their notes are payable in coin: Bank of Indiana. Michigan City. Cambridge City Bank. Cambridge City. Canal Bank. Evansville. Central Bank. Indianapotis-redeemed by he reasure of State. Crescent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par. as specified. The ten cent excess of se curities is retained by the Auditor: Bank of Elkhart, redeemed at the bank. .. " Brookville Bank, " " Hoosier Bank, " " Huntington Co. Bank, Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank Connersville Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED BANKS. The notes of the follemine ave

14. June 8, 1858 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, June 8, 1858

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[From the Indianapolis Sentinol, June 1st.] Indiana Free Banks. OFFICE OF AUDITOR OF STATE, 1 , Indianapoiis, June 1. '58. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, attheir market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon Bank of Paoli. Paoli. Bank of Rockville. Wabash. Bank of Salem. New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Exchange Bank, Greencastle, Farmers' Bank, Westfield. Indiana Bank. Mudison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bauk, Columbus. Ingrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Seuthern Bank of Indiana. Terre Haute. The following banks have complied with the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin: Bank of Indiana. Michigan City. Cambridge City Bank, Cambridge City. Canal Bank, Evansville. Central Bank. Indianapotis-redeemed by be reasure of State. Crescent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par. as specified. The ten cent excess of se curities is retained by the Auditor: Bank of Elkhart, redeemed at the bank. " : " Brookville Bank, " " " Hoowier Bank. " " Huntington Co. Bank, Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank Conneraville Merchants' and Mochanics' Bank, redeemed sit Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED BANKS. The notes of the following hanks era no.

15. June 9, 1858 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, June 9, 1858

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[From the Indianapolis Sentinol, June 1st.] Indiana Free Banks. OFFICE OF AUDITOR OF STATE, Indianapolis, June 1, '58. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville, Wabash. Bank of Salem. New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Seuthern Bank of Indiana, Terre Haute. The following banks have complied with the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin: Bank of Indiana, Michigan City. Cambridge City Bank, Cambridge City. Canal Bank, Evansville. Central Bank, Indianapolis-redeemed by he reasure of State. Crescent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par, as specified. The ten cent excess of securities is retained by the Auditor: Bank of Elkhart, redeemed at the bank. " Brookville Bank, " " " Hoosier Bank, " " Huntington Co. Bank, Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank Connersville. Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED BANKS. The notes of the following banks are re-

16. June 10, 1858 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, June 10, 1858

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[From the Indianapolis Sentinol, June 1st.) Indiana Free Banks. OFFICE OF AUDITOR OF STATE, Indianapolis, June 1, '58. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, attheir market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoll. Bank of Rockville Wabash. Bank of Salem. New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Parmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshed. Sauthern Bank of Indiana, Terre Haute. The following banks have complied with the antended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin: Bank of Indiana, Michigan City. Cambridge City Bank, Cambridge City, Caual Bank, Evansvillo. Central Bank, Indianapolis-redeemed by ho reasure of State. Creacent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par as specified. The ten cent excess of securities is retained by the Auditor: Bank of Elkhart, redeemed at the bank. " is Brookville Bank, " " Hoosier Bank, " Huntington Co.: Bank, Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branch Bank, Lafayette. Favette Co. Bank, redeemed at Branch Bank Connersville Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, redeemed at FletchBauk, Indianapolis. SUSPENDED BANKS. This notes of the following banks are re-

17. June 11, 1858 The Evansville Daily Journal Evansville, IN
Article from The Evansville Daily Journal, June 11, 1858

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[From the Indianapolis Sentinol, June 1st.] Indiana Free Banks. OFFICE OF AUDITOR OF STATE, Indianapolis, June 1, '58. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not less than fifty thousand dollars, and ten per cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville. Wabash. Bank of Salem. New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Seuthern Bank of Indiana, Terre Haute. The following banks have complied with the amended law, but have since given notice of their intention to withdraw their circulation. Their notes are payable in coin: Bank of Indiana, Michigan City. Cambridge City Bank, Cambridge City. Canal Bank, Evansville. Central Bank, Indianapolis-ledeemed by be .reasure of State. Crescent City Bank, Evansville. The following banks are winding up voluntarily, and are redeeming their notes at par. as specified. The ten cent excess of securities is retained by the Auditor: Bank of Elkhart, redeemed at the bank. " " : Brookville Bank, " " " Hoosier Bank. " " Huntington Co. Bank, Indiana Stock Bank, redeemed at Fletcher's Bank. Bank of Monticello, redeemed at Branoh Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank Connersville Merchants' and Mechanics' Bank, redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank, redeemed at Fletcher's Bank, Indianapolis. SUSPENDED BANKS. The notes of the following banks are re-

18. June 12, 1858 The Evansville Daily Journal Evansville, IN
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[From the Indianapolis Sentinol, June 1st.] Indiana Free Banks. OFFICE OF AUDITOR OF STATE, Indianapolis, June 1, '58. The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, attheir snarket value, to an amount not less than gifty thousand dollars, and ten per cent in 6X06SS of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gosport. Bank of Mt. Vernon, Mt. Vernon. Bank of Paoli, Paoli. Bank of Rockville. Wabash. Bank of Salem. New Albany. Bank of Salem, Salem. Bloomington Bank, Bloomington. Exchange Bank, Greencastle. Farmers' Bank, Westfield. Indiana Bank. Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus. Lagrange Bank, Lima. Parke County Bank. Rockville. Prairie City Bank, Terre Haute. Salem Bank, Goshen. Seuthern Bank of Indiana, Terre Haute. The following banks have complied with the amended law, but have since given not 06 of their intention to withdraw their circ ilation. Their notes are payable in coin: Bank of Indiana. Michigan City. Cambridge City Bank, Cambridge City. Canal Bank. Evansville. Central Bank. Indianapoiis-redeemed by be reasure of State. Crescent City Bank, Evanaville. The following banks are winding up volI utarily, and are redeeming their notes at T ir. as specified. The ten cent excess of se c aritios is retained by the Auditor: Bank of Elkhart, redeemed at the bank. .. " " Brookville Bank, " " " Hoowier Bank. " " Huntington Co. Bank, Indiana Stock Bank, redeemed at Fletchone Bank. Bank of Monticello, redeemed at Branch I ank, Lafayette. Fayette Co. Bank, redeemed at Branch ] Bank Connersville Merchants' and Mechanics' Bank, redeem, I at Branch Bank. New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indian Reserve Bank. redeemed at Fletch(*'s Bauk, Indian ipolin. SUSPENDED BANKS.

19. June 18, 1858 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, June 18, 1858

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Indiana Free Banks. OFFICE OF AUDITOR OF STATE. 1 Indianapolis, April 1 1838 The following banks have complied with the amended law of 1855, and have securities deposited with the Treasurer of State, at their market value, to an amount not legs than fifty thousand dollars, and ten por cent in excess of their circulation: Bank of Goshen, Goshen. Bank of Gosport, Gesport. Bank of Mt. Vernon, Mt. Vernon Bank of Paoli, Paoli. Bank of Rockville, Wabash Bank of Salem, Salem. Bank of Salam, New Albany. Bloomington Bank Bloemington. Exchange Bank, Greenenstle. Farmers' Bank, Westfield. Indiana Bank, Madison. Indiana Farmers' Bank, Franklin. Kentucky Stock Bank, Columbus Lagrange Bank, Lime. Parke County Bank, Rockville. Prairle City Bank, Terre Haute. Salem Bank, Goshen. Southern Bank of Indiana, T. Haute. The following Banks have complied with the amended law, but have since given no. tice of their intention to withdraw their cir culation. Their notes are payable in coin: Bank of Indiana, Michigan City. Cambridge City Bank, Cambridge City. Canal Bank, Evansville Central Bank, Indianapolis - redeemed by the Treasurer of State. Créscent City Bank Evanaville. The following Banks are winding up vul. untarily, and are redeeming their notes at par, ns specified. The ten per cent. excese of securities is retained by the Auditor: Bank of Eikhart, redeemed at the Bank. Brookville Bank, do do do do do do do do Hoosier Bank, Huntington Co. Bank, redeemed at the Bank. Indiana Stock Bank, redeemed at Fletch er's Bank. Bank of Monticello, deemed at Branch Bank, Lafayette. Fayette Co. Bank, redeemed at Branch Bank, Connersville. Merchants' and Mechanics' Bank redeemed at Branch Bank, New Albany. Bank of Syracuse, redeemed at Bank of Goshen. Indiana Reserve Lark, redeemed at Fletch er's Bank, Indianapor. s.