Fortville State Bank - Fortville, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 13, 1934
Location: Fortville, Indiana (39.932, -85.848)

Metadata

Model: gpt-5-mini
Short Digest: 1826bcb2

Response Measures

None

Description

Article (Dec 13, 1934) states a receiver (Lawrence Wood) is handling Fortville State Bank and making a dividend to creditors, indicating the bank was placed in receivership and is closed. No mention of a depositor run in the article.

Events (1)

1. December 13, 1934 Receivership

Newspaper Excerpt: Lawrence Wood, receiver for the Fortville State Bank, has been authority by the court at Greenfield, five per cent dividend to the common creditors of the bank. This will be the second ... payment.
Source: newspapers

Newspaper Articles (1)

1. December 13, 1934 The Noblesville Ledger Noblesville, IN

Article from The Noblesville Ledger, December 13, 1934

Click image to open full size in new tab

Article Text

FORTVILLE Receiver Will Make a Cent Distribution Lawrence Wood, receiver for the Fortville State Bank, has been authority by the court at Greenfield, five per cent dividend to the common creditors of the bank. This will be the second dend payment. The condemnation of property suit filed at Greenfield by Fortville against the Union Traction Company, to acquire the electric service lines of the defendant in Fortville for municipal plant has been venued to Noblesville.