Peoples Bank - Bloomingburg, OH

Episode Information

Episode UID: 56089571573
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 5608957 routing
Routing Number: 56-0895
Start Date: January 13, 1931
Location: Bloomingburg, Ohio (39.605, -83.395)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 501842b843896ff4

Response Measures

None

Description

Article uses variant spelling 'Bloomingsburg' but refers to Bloomingburg bank; suspended Jan 13, 1931 and later described as defunct.

Events (1)

1. January 13, 1931 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Collectible assets were less than amount due creditors; bank suspended business and later described as defunct and sued by state superintendent for deficit.
Newspaper Excerpt: People's bank of Bloomingburg, private bank that suspended business January 13, 1931
Source: newspapers

Newspaper Articles (1)

1. July 13, 1931 Chillicothe Gazette Chillicothe, OH

Article from Chillicothe Gazette, July 13, 1931

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Article Text

DEFUNCT BLOOMINGSBURG BANK SUED FOR $40,000 WASHINGTON C. H., O., July 13. -Suit against the stockholders of the People's bank of Bloomingburg, private bank that suspended business January 13, 1931, for $40,000 was filed Saturday by Ira J. Fulton, state bank superintendent, who declares the amount represents the difference between the collectible assets of the bank and the amount due creditors. A restraining order to prevent incumbering or selling property owned by the stockholders is also asked. The defendants are A. F. Haines, Anna J. Creamer, M. J. Dickey, W. Q. Kinkead, Anna E. Larrimer, H. A. Pinkerton, J. Y. Stitt, J. M. Willis, Frank Traug as assignee for R G. Jefferson, Serepta Short, Charles and Roy Oswald, George C. Parrett, Clara B. Stitt, Margaret and Dorothy Fulletron, J. M. McClure and J. Howard Jefferson.