Miller State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 15, 1933
Location: Gary, Indiana (41.593, -87.346)

Metadata

Model: gpt-5-mini
Short Digest: 394e1215

Response Measures

None

Description

Article (The Times, Hammond IN, 1933-09-15) references the receiver the Miller bank, indicating the Miller State Bank was in receivership/closed. OCR errors present in text; corrected reading to indicate a receiver was handling loans for the Miller bank. No explicit mention of a prior depositor run in the provided excerpt, so classified as a suspension leading to closure/receivership.

Events (1)

1. September 15, 1933 Receivership

Newspaper Excerpt: the receiver the Miller bank replace the which has been default since 1929
Source: newspapers

Newspaper Articles (1)

1. September 15, 1933 The Times Hammond, IN

Article from The Times, September 15, 1933

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Article Text

SECOND HOME LOAN GOES TO MAN second Lake county loan to granted under the provisions the Home Owners' Anders E. 5th place, Gary, Clinn Ellyson, of the Lake county of Indiana Home Owners' corporation, nounced today. He the loan totaled home loan the receiver the Miller bank replace the which has been default since 1929 The remainder of the loan was distributed $10.92 for delinquent Gary city for delinquent special $21 for abstract charges; $7.50 Attorney Fred Gary, for examining the abstract; and $6.39 for delinquent county taxes, maktotal outlay of The home, frame bungalow, appraised by Joseph of Gary, at approximately $3,500. for William Mulligan Hobart amounted to of which in loan bonds accepted the receiver the Labor for the first mortgage held on the property. The default 18 months. the loan distributed in edlinquent taexs, abstract charges, recording charges, and similar Ellyson expects authorize large number of loans during the few days. He received temporary for Of that number, 1,000 of the more distressed owners been selected for immediate consideration.