5728. Hagerstown Commercial Bank (Hagerstown, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 7, 1907
Location
Hagerstown, Indiana (39.911, -85.162)

Metadata

Model
gpt-5-mini
Short Digest
88deaca6

Response Measures

None

Description

Articles (Jan–Feb 1907) describe the bank as 'defunct' and refer repeatedly to J. A. (or A. J.) Spekenhier as receiver and settlements of the failed bank's estate and creditor claims. No run is mentioned. The bank is in receivership and being wound up, indicating a suspension followed by permanent closure. OCR shows both 'J. A.' and 'A. J.' Spekenhier in articles; they refer to the same receiver.

Events (3)
1. January 7, 1907 Receivership
Newspaper Excerpt
J. A. Spekenhier, receiver of the defunct Hagerstown Commercial bank, is wearing a smile ... $13,338.78 was turned over to the receiver for the settlement with the bank's creditors.
Source
newspapers
2. January 8, 1907 Other
Newspaper Excerpt
William H. Porter's claim against J. A. Spekenhier, receiver for the defunct Hagerstown Commercial bank, for $90 becomes a general and not a preferred claim.
Source
newspapers
3. February 6, 1907 Other
Newspaper Excerpt
Although A. J. Spekenhier, receiver for the defunct Hagerstown Commercial bank has submitted his report of the moneys handled by him during his receivership, and was accepted, Judge Fox has requested him to prepare an itemized report...
Source
newspapers

Newspaper Articles (3)
1. January 7, 1907 The Richmond Palladium Richmond, IN
Article from The Richmond Palladium, January 7, 1907

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Article Text

SPEKENHIER A HAPPY MAN Gets Money from Administrator Allen of the Personal Estate of John Bowman. J. A. Spekenhier, receiver of the defunct Hagerstown Commercial bank, is wearing a smile that won't come off, all due to the settlement made by Administrator Allen of the personal estate of the late John Bowman before the circuit court last Saturday, at which time, $13,338.78 was turned over to the receiver for the settlement with the bank's creditors. Mr. Spekenhier will now be able to close the affairs of the defunct concern in short order. The total value of the Bowman personal estate amounted to $27,683.31, and after the creditors for the personal estate were satisfied, the balance was handed to Receiver Spekenhier.

2. January 8, 1907 The Richmond Palladium Richmond, IN
Article from The Richmond Palladium, January 8, 1907

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Article Text

# A General Claim. William H. Porter's claim against J. A. Spekenhier, receiver for the defunct Hagerstown Commercial bank, for $90 becomes a general and not a preferred claim. This is in accordance with the ruling of Judge Fox, in circuit court Monday.

3. February 6, 1907 The Richmond Palladium Richmond, IN
Article from The Richmond Palladium, February 6, 1907

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Article Text

An Account of the Commercial Bank at Hagerstown, by A. J. Spekenhier. REQUESTED BY JUDGE FOX PARTICULAR ATTENTION WILL BE GIVEN TO ALL THE DETAILS OF THE SETTLEMENT MADE BY RECEIVER. Although A. J. Spekenhier, receiver for the defunct Hagerstown Commercial bank has submitted his report of the moneys handled by him during his receivership, and was accepted, Judge Fox has requested him to prepare an itemized report of all his work while connected with the settling of the bank's affairs. The whole work will mean a history of the bank from the time it started until the time the last settlement was made. The move was made on the part of Judge Fox so that in case of dispute, or reference, the account could be turned to immediately. Postmaster Spekenhier was somewhat surprised at the request as it will entail a great amount of extra labor to complete it. Special state. ments and history of the overdrafts, notes and such will be made, making the statements of all in such form as to give a thorough knowledge of all