Leesburg Bank (Leesburg, OH)

Episode Information

Episode UID
56080171577
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
5608017 routing
Routing Number
56-0801
Start Date
May 1, 1931*
Location
Leesburg, Ohio (39.345, -83.553)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
26ca6d303db6aabc

Response Measures

None

Events (3)

1. May 1, 1931* Receivership
Newspaper Excerpt
banking took over for liquithe Leesburg bank, ... Liquidated Ohio Bank State Ohio, May (A. P.)
Source
newspapers
2. May 1, 1931* Suspension
Cause
Government Action
Cause Details
State banking authorities took the Leesburg Bank over for liquidation
Newspaper Excerpt
Liquidated Ohio Bank ... banking took over for liquidation the Leesburg bank
Source
newspapers
3. July 11, 1931 Other
Newspaper Excerpt
Organizers of new bank at Leesburg believe ... access to portion of the now inactive deposits in the defunct Leesburg Bank
Source
newspapers

Newspaper Articles (2)

Article from The Philadelphia Inquirer, May 9, 1931

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Article Text

ross Income Loss Shown by Alabama Water Service Co. Continued From Page 21 end 1929. Current assets against $16,030,416. Sims Petroleum Bims osidiaries Petroleum Company and arter net reported loss for the first of quarter with net last loss of $396,376. $37,554 in com- the year. Peerless Motor Car Peerless Motor Car Corporation net loss of $114,221 for the ended March 31, as against profit of $93,485 in the corquarter of 1930. Kansas City Southern Kansas City Southern System and of reported for 1930 net $1,452,916. the common equal to $204 stock comwith 1929. $3,377,772, or $8.47 a Phillips Morris & Co. Morris & Company, ending March 31, reports for profit and other income Allowing for deductions, income and sundry expense profit for the year was but before deduction of div- Patino Mines Mines & Enterprises con$163,618 reported first quarter net in against net profit last year the corresponding pe- Liquidated Ohio Bank State Ohio, May (A. P.) banking took over for liquithe Leesburg bank, priat Frozen given as the cause of the


Article from News Journal, July 11, 1931

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Article Text

Movement Finds Favor Among Villagers, 'Tis Said Organizers of new bank at Leesburg believe that if the attempt is successful it will mean earlier access to portion of the now inactive deposits in the defunct Leesburg Bank. Approximately 1,100 have funds in the Leesburg Bank. Responses to the undertaking are said to be good.