5695. Gas City State Bank (Gas City, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 24, 1933
Location
Gas City, Indiana (40.487, -85.613)

Metadata

Model
gpt-5-mini
Short Digest
00da5033

Response Measures

None

Description

Multiple articles (Aug–Sep 1933 and 1934) refer to the Gas City State Bank as being in receivership and the receiver disposing of bank real estate and settling mortgages. There is no mention of a depositor run in the provided excerpts. The bank was placed in receivership (government action) and appears to have been closed permanently.

Events (4)

1. August 24, 1933 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership (receiver referenced selling bank-owned real estate); indicates suspension/closure by regulatory/receivership action.
Newspaper Excerpt
Receiver Gas State Bank, to Karl Deed. Lots 451 to 454, Receiver's Addition to Gas City.
Source
newspapers
2. September 1, 1933 Receivership
Newspaper Excerpt
Gas City State Bank, receiver, to Alpha H. Barrett... receivers D. lots 447, 448, 449 and 450, First addition to Gas City; $2,750 (Leader-Tribune 1933-09-01).
Source
newspapers
3. January 18, 1934 Other
Newspaper Excerpt
In the receivership the Gas City State Bank Petition by receiver for authority to and settle mortgage loan of Frank ... and receiver is ordered to release mortgage.
Source
newspapers
4. December 11, 1934 Other
Newspaper Excerpt
Rome T. Calender as receiver of the Gas City State Bank... Petition by receiver to settle compromise mortgage indebtedness ... ordered as prayed.
Source
newspapers

Newspaper Articles (4)

Article from Chronicle Tribune, August 24, 1933

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Article Text

REAL ESTATE TRANSFERS Compiled by Minnie Carmichael, Abstracter 511 Marion National Bank Bldg. Ethel G. Anderson to Jessie C. AnW. D. Pt. SW 17-24-8. Conderson, sideration, $1. Lee Vice, et to Alice Ernest W. D. Lots 14 and 17, Saunders, addition to Marion. ConHighland sideration, $1. Frances M. Stour, et vir, to FranMarie Denny, W. D. Lot ces fourth addition to Up4, land, Consideration, love and affection. Martha M. Minnick, et vir, to Watson, W. D. Lot 18, Humphrey's first addition to Lucy C. Marion. John D. O'Brien, et ux, to Fannie Lot 84, Wigger & Wingo, Q. C. addition to Marion. ConLenfestey's sideration, $1. Marion Real Estate Co. to Fred W. D. Lots 405 K. Bonge, et ux, Real Estate Co.'s and Marion Marion. Considerafirst addition to tion, $1. Mayer, et ux, to Emile Inc., W. D. Lots 3, Food and William J. 4,5,6, third addition to Fowlerton; Pt. SW SW 25-23-8, 3.29 acres. Consideration, $400. Fisher to Clever VardSamuel W. D. Lots 22 and et ux, aman, Block 68, Western Park addition to Marion. $275. Rome T. Calender. Receiver Gas State Bank, to Karl City Deed. Lots 451 to 454, Receiver's Addition to Gas City. ConFirst $2,150. Shrontz Mullen, et al, to Leona Miller, et W. D. Leander Heiny ux, Baldwin's fifth addition to Lot 5, Marion. Consideration. D. Pierce to Robert E. Arthur W. D. Lots Pts. 5, Fink, ux, second addition to Ma and Kiley's and in Kiley's Lots 5, addition rion; to Marion; Pt. W SW 6-24-8. Consideration, $1. et to Carson Vernon ux, W. D. Lots 107, E. Smith, et George W. Steele's 108, 109 and sub-division to Marion. Consideration, $250. Vernon Kellogg, et ux, to Lots Carson 102, E. et C. ux, 103, 104 and 105, Steele's sion to Marion. Bank, Receiver of First National Kinnear Stores Co., to Metropolitan Receiver's D. Lot Life Ins. Co., Block 21, original plat to and pt. Marion. Johnnie Walker, Spencer to S. Lots 111 and pt. et W. D. George ux, W. Steele's sub-division to Consideration, $1. Marion. Auditor Grant County to Vernon Lots 102 to 105, Tax D. to Marion. ConSteele's sub-division $14.99. EdB. Warner to Henry Ralph W. D. Lots 506 to ward McClure, 437 to Con511, 432 to $1. et to Alvin Leo J. Keim, ux, W. D. Lot 154 rett, et ux, addition to Co.'s Home Park Land Consideration, $1. Marion. Rebecca C. Smith to Francis BourLot No. Baret W. D. nique, second addition to ley & Spencer's Marion. Consideration, Duncan to Sarah Nancy E. Lot Baldwin's Fifth W. D. addition to Fairmount. tion, $1. Basil D. Pence to Anna D. Pence, Lots 66. Q. C. D. Addition and 95 $1. Sweetser. Anna D. Pence to Basil D. Pence 80 E NW Section 10-24-6, Q. D. Consideration, $1. acres. to William John O. Toles, et ux, W.D. Lot No. College to Marion. ConAvenue Addition sideration, $100. Frank M. Hundley, Receiver, D. to ux, Receivers' Wilbur D. Pt. NW Pt. SW Section Section 29-24-8. tion 33-24-8 and Consideration, $1,800. D. Veach, et ux, to George Wilbur D. Pt. SW Section F. Riley, Q. C. 33-24-8, and Pt. 28-24-8; Pt. NW $2,000. SE Hendricks to Anna Thomas W. D. Pt. Lot No. Shodlouski, Robert J. Spencer's sixth addition to Marion. Consideration, $1. to Deloras M. Deloras M. Spencer W. D. Lot No. 95, Wagner,


Article from Leader-Tribune, September 1, 1933

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Article Text

REAL ESTATE TRANSFERS Compiled by Minnie Carmichael, Abstracter 511 Marion National Bank Bldg. Marion Real Estate Co. to Chas. A. Michaels, W. D., parts lots 573 and 574, Marion Real Estate Co's. addition to Marion: $1.Gusty Marchal, et ux. to Sarah Hayes, et W Dr, parts lots 29 and 30, original plat, Gas City Robert E. Fink to Howard W Hooper, receiver, W D., lots 22 and 23, Wm. Feighner's second addition to Marion: $40. Margaret Ann Burwick to Ada Burwick, W. D., part S. E. 31-23-9, 44 acres; love Mary Alice Mills to John Milford, W D., lots 199 and 202. in Forbes addition to Marion: $500. Jesse Eccles to Harry H. Fort. W. D. part W. S. E. 3-23-8, 64 acres Cleo Renbarger, etvir., to Mary F. Lake, W. D., lot 10 in Sherron's third addition to Sweetser: $1. Mary F. Lake to Cleo Renbarger, D., part S. E. 25-25-6; part N. W. $1. Lydia Stafford to Mary A. Coomler, W. D., lot 39, Goldthait's addition to Marion: $1. Gas City State Bank, receiver, to Alpha H. Barrett, etux., receivers D. lots 447, 448, 449 and 450, First addition to Gas City; $2,750 Jesse Alva Oliver to Thomas B. Roads, W. D., part N. W. S. E. and Thomas B. Roads to Oscar E. Atkinson, ux., W D., N. E. N. 40 $1. Florence B. West to Lewis F. West, will, part 25-8 James Lane to Merl Lane, W D. undivided 2-3 lot 430 Marion Real Estate Co's. addition to Marion: $1 Sarah Wise to Lydia Himelick, W. D., W N. W., 17-23-9; 80 acres; $1.


Article from Chronicle Tribune, January 18, 1934

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Article Text

COURT MINUTES SUPERIOR COURT Dessie M. Brane VS. George Brane. Divorce. straining order ordered. Custody of minor child awarded to plaintiff. Alice Nieman James Nieman. Divorce. Verified application by plaintiff for order without notice filed and same ordered. Application suit and support money filed. Hearing set for Jan. Chester Endsley vs. Iva Endsley. Verified plaintiff for order without notice filed and same is William York vs. Marion Basket Co. and Inventory and by receiver filed and approved the matter the receivership the Gas City State Bank Petition by for authority to and settle mortgage loan of Frank filed, and approved and receiver is ordered to release mortgage.


Article from Leader-Tribune, December 11, 1934

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Article Text

Court Minutes Circuit Court Malinda Pence vs. Ova Renbarger et al. Injunction. Affidavit and motion for change of venue from judge by defendants filed. American National Bank at Indianapolis vs. Estate of J. W. Stephenson, deceased. Appearance of Gemmill, Browne & Campbell for plaintiffs withdrawn. Amendment to amended claim filed by claimant. Notice ordered to J. F. Charles at al., returnable Dec. 26, 1934. In the receivership of the Grant Trust and Savings Co. Petition for order canceling and rescinding former orders authorizing execution of deed to Mabel Johnson and rescinding the approval by the court of said deed and ordering the receiver to destroy said deed by receiver filed, submitted and granted as prayed. In the matter the trust created by Lydia F. Seegar for the benefit of Virginia Heavilin Joint final report of George W. Rauch as receiver of the First National Bank ings Co., and petition ment of substitute trustee filed, submitted and joint final report approved and First National Bank in Marion now appointed substitute trustee. Written acceptance of trust filed and upon showing that balance of funds has been turned over to substitute trustee said original trustees are now discharged. John Walters vs. Sadie Ellen McGuire et al. Partition. Answer in general denial filed. Also crosscomplaint by defendants filed. Merrill Edwards vs. Carl F. Barney et al. Petition for recount. The recount commissioners having filed in the clerk's office their certificate showing the number of votes that each candidate received for the office of mayor of the city of Marion, today, Dec. 10, 1934, as shown by recount, and which candidate as shown by such recount received the highest number of votes and showing what his majority or plurality was, the court now orders the clerk to record said certificate in the order books of this court. The court now fixes Dec. 28, 1934, as date for hearing. Claude H. Allegar vs. Orla H. Sinclair et al. Petition for recount. The recount commissioners having today, Dec. 10. filed in the clerk's office their certificate showing the number of votes that each candidate received for the office of councilman-at-large for the city of Marion, as shown by recount, and which candidates as shown by said recount received the highest number of votes and showing their respective majorities or pluralities, the court now orders the clerk to record said certificate in the order books of the court and fixes Dec. 28. 1934, as date for hearing. SUPERIOR COURT Civil Docket Rome T. Calender as receiver of the Gas City State Bank, and Frank Hundley as receiver of the Citizens Bank, Jonesboro, vs. Seneca W Winder as administrator with the will annexed of the estate of Edward Bloch, deceased, et al. Answer of Willis S. Ellis as executor of Jane Davis, deceased, filed. Marjorie Cross vs. Minard Cross. Divorce. Defendant ordered released from jail until further order of court. Dorothy Jean White VS. Daniel J. White. Divorce. Hearing on attachment had and defendant is discharged on condition that he keep and not dispose or encumber the 26 vending machines now in his possession. In the receivership of the Gas City State Bank. Petition by receiver to settle compromise mortgage indebtedness and accept Home Owners' Loan Corp. bonds and recovery real estate to Meriam F. Jay filed, submitted and granted and ordered as prayed. Petition by receiver for authority to compromise and settle mortgage indebtedness of Berete Spurgeon filed, submitted and ordered. Lilburn M. Keese vs. Florence E. Keese. Application for suit money submitted and plaintiff is ordered to pay to clerk $25 on or before Jan. 20, 1935, for use of defendant with which to pay her attorney Florence E. Keese vs. Lilburn M. Keese. Divorce. The court on its own motion orders this cause submitted with the cause entitled Lilburn M. Keese vs. Florence E. Keese, and this cause is ordered off the docket. Mary Hacker vs. William Hacker. Divorce. Hearing on application for suit money submitted and defendant is ordered to pay to clerk $25 on or before Jan. 15, 1935, for use of plaintiff with which to pay attorney. Elma M. Nelson vs. Roy Nelson. Divorce. Application by plaintiff for suit money filed. Hearing set for Dec. 17, 1934, at 9 a. m. Notice ordered. William Spath VS. Mayme R. Shawle, Jacob H. Huffman. Partition. Death of John W. Duffey, receiver, suggested to court and H. McConnell is appointed receiver. Bond is filed at $100. Charles E. Milner VS. Harry Miller. Foreclosure mechanic's lien. Cause submitted, evidence heard, argument heard and same taken under advisement. Criminal Docket State of Indiana vs. Emory Wilson, Ed Raymond. Petit larceny. Defendants arraigned in open court and each now enters plea of guilty and upon such plea the court finds each defendant guilty as charged, that the true age of Emory Wilson is 38 years, that the true age of Ed Raymond is 77 years, and court fixes their punishment that each be fined $50 and costs and that each be imprisoned in Indiana state farm for nine months. Judgment on finding, and the sheriff is charged with the execution of the judgment. State of Indiana vs. Devonna McCall. Voluntary manslaughter. On motion of prosecuting attorney, the court orders that clerk and jury commissioners draw special venire of 25 names for jurors and summon said jurors to appear on Dec. 17, 1934, for trial of this cause.