5776. Peoples State Bank (Huntingburg, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 15, 1907
Location
Huntingburg, Indiana (38.299, -86.955)

Metadata

Model
gpt-5-mini
Short Digest
b5291f6b

Response Measures

None

Description

State bank examiner took charge after indictment of cashier for embezzlement; receiver appointed next day and bank closed by examiner. No mention of depositor run in the articles — action is regulatory/receivership following alleged embezzlement.

Events (2)

1. January 15, 1907 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Indictment returned against Cashier Charles Behrens alleging embezzlement; examiner took control and closed the bank pending receivership.
Newspaper Excerpt
Hinshaw in Charge of the Bank. ... E. M. Hinshaw, state bank examiner, is in charge of the People's State bank at Huntingburg, pending an adjustment of its affairs.
Source
newspapers
2. January 16, 1907 Receivership
Newspaper Excerpt
All Claims To Be Paid. ... Judge Ely ... has appointed F. H. Pootker receiver of the People's State bank. The opinion is expressed that all claims will be paid in full. Also: Huntingburg Bank Closed by Examiner. ... has taken in charge the affairs ... pending the appointment of a receiver in the Dubois Circuit Court.E. R. Brundick, former cashier of the Peoples bank at Huntingburg, Ind., attempted to commit suicide after he was arrested on charges of perjury and for receiving deposits after the bank was in an embarrassed condition.Mutation in various articles referencing the receiver and closure.
Source
newspapers

Newspaper Articles (7)

Article from The Lake County Times, January 15, 1907

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Article Text

TWO SMALL BOYS MAROONED Caught by the Rising Water on a Knoll They Are Rescued After Forty-Eight Hours.] Petersburg, Ind., Jan. 15.-William Sorgins, a farmer, six miles east of this city, heard cries coming from the flooded bottoms near his home, and taking a boat he made an investigation and found two mall boys, Frank Sullivan and Ira White, stranded on a knoll, where they had been for forty-eight hours without shelter or food. The boys were almost famished when he reached them, and were SO weak they could hardly stand. They had tried to get to the hills when they were shut off by backwater from White river. White river has begun falling slowly here. Not counting the heavy damage to corn, with a possible damage to the wheat crop, no serious loss was occasioned by the flood. Hinshaw in Charge of the Bank. Boonville, Ind., Jan. 15. - E. M. Hinshaw, state bank examiner, is in charge of the People's State bank at Huntingburg, pending an adjustment of its affairs. The bank is capitalized at $25,000. Hinshaw will remain in control pending the appointment of a receiver by the Dubois circuit court, or such action as may be deemed advisable. Several weeks ago an indletment was returned against Cashier Charles Behrens, alleging embezzle. ment.


Article from The Lake County Times, January 16, 1907

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Article Text

All Claims To Be Paid. Huntingburg, Ind., Jan. 16. - Judge Ely, of the Dubois circuit court, has appointed F. H. Pootker receiver of the People's State bank. The opinion is expressed that all claims will be paid in full.


Article from The Plymouth Tribune, January 17, 1907

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Huntingburg Bank Closed by Examiner. The People's State Bank at Huntingburg, Ind. is closed by the order of State Bank Examiner E. M. Hinshaw, who is at present in Huntingburg and has taken in charge the affairs of the institution, pending the appointment of a receiver in the Dubois Circuit Court.


Article from Perrysburg Journal, October 25, 1907

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employed as a Burch storekeeper. of Chicago himself killed Dawson E. months and his bride of four because of jealousy. was killed and his Y., Clehossy Colton, N. son Martin wounded near who South mistook them for deer. a high Alfred killed in a football game dent, Cincinnati. by a was hunter Flowers, Rockefeller. school assistant stu- at William G. Standard Oil company treasurer of New Jersey, of the testified dissolution in the govern- of the ment's suit for the the Standard was in a oil combine, lender that of its surplus obtained funds the heavy for which it Mr. Rockprevailing Wall street, rates of interest. declaration when efeller made this the loans of $32, to account for Standard Oil to asked made by the in 1906, 000,000 of New York, Standard." company other than the and Capt. "interests Aeronauts J. Chandler, C. McCoy who ascended Charles De F. for a test flight, won 500 the from Lahm St. Louis cup by traveling about under miles to West Virginia. instructions from Decatur, Acting Cochran, the jury at FredJudge a verdict acquitting erick Ill., returned Magill and the his charge wife, of Faye murder- Gra- of ing ham Mrs. Magill, Pet of Magill, the first wife Magill. M. Wilson, a student Seminary at the Eureka Lewis College Theological and seriously Eureka, Ill., shot classmate. at wounded John Walsh, a reelected Edwin R. Wright Illinois was Federation of president Labor, and of James the F. Morris, secretary-treasurer. Hughes, addressing the declared RepubGov. club of New York city, presidenlican was not seeking the indirectly. tial that nomination, he directly or started a in New Orleans policeman. a in riot Negroes in which they killed a house and wounded barricaded several themselves other officers before they were captured. direct New York-Havana cable was The Commercial Cable company having of the the final splice from been completed, made at sea, 120 miles Coney island. Canadian Pacific liners Tartar mouth The Charmer collided off the badof and the Fraser river and both were ly damaged. of R. Brundick, former cashier E. Peoples bank at Huntingburg, suicide the attempted to commit of Ind., he was arrested on charges deposits after and for receiving after perjury the bank was in an embarrassed condition. Frederick W. Priesmeyer Louis, Delegates Ferdinand Warder, of St. of the and arrested on the floor for were of delegates on indictments session house returned at a special by bribery, the grand jury after the passage perof delegates of a bill granting Delmar the mission to build a garage on boulevard. Princess de Bearn, formerly Miss Md., Beatrice Winans, of Baltimore, died John in St. Antrobus, Petersburg. an artist, who was widely known throughout this coun- Anand the father of Miss Suzanne Detroit, try trobus, the novelist, died in Mich The peace conference at The Hague closed in a blaze of oratory. George Kincaid, head of the public works department in Yukon Territory, a was arrested at Dawson on who charge of stealing $40,000 from a registered mail sack, committed suicide by taking poison. President Roosevelt succeeded in shooting a large black bear. of Manila were would be that The an police attempt made warned to throw a bomb at Secretary Taft. A Chicago jury returned a verdict of life imprisonment for Michael Maher, accused of attacking an 11-year-old girl. W. W. Westcott, one of the most successful gamblers in America and brother of Mrs. Katherine Tingley, head of the Theosophist organization, is dead at his home in New York. Gov. Gen. Grey of Canada announced that some members of the royal family would visit the dominion in connection with the centenary of the landing of Champlain. As results of the collapse of the atcorner in New the firm of Otto tempted York, United Copper stock Heinze ex- in & Co. was suspended in the F. Augustus change; Butte copper magnate, Heinze, resigned National the the presidency of the Mercantile bank of New York; the cut its Copper company quarterly Amalgamated dividend from two per cent. to one per the directors of the & cent.; declared Boston a Montana Copper company dividend of six dollars in of a former dividend of the quarterly place $12; failure of Haller-Soehle & Co., prominent bankers of Hamburg Germany


Article from The Yale Expositor, October 25, 1907

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from the plant of the Illinois Pure Aluminum company, where he was employed as a storekeeper. Dawson E. Burch of Chicago killed his bride of four months and himself because of jealousy. Martin Clehossy was killed and his son wounded near South Colton, N. Y., by a hunter who mistook them for deer. Alfred Flowers, a high school student, was killed in a football game at Cincinnati. William G. Rockefeller, assistant treasurer of the Standard Oil company of New Jersey, testified in the government's suit for the dissolution of the oil combine, that the Standard was a heavy lender of its surplus funds in Wall street, for which it obtained the prevailing rates of interest. Mr. Rockefeller made this declaration when asked to account for the loans of $32,000,000 made by the Standard Oil company of New York, in 1906, to "interests other than the Standard." Aeronauts J. C. McCoy and Capt. Charles De F. Chandler, who ascended from St. Louis for a test flight, won the Lahm cup by traveling about 500 miles to West Virginia. Acting under instructions from Judge Cochran, the jury at Decatur, III., returned a verdict acquitting Frederick Magill and his wife, Faye Graham Magill, of the charge of murdering Mrs. Pet Magill, the first wife of Magill. Lewis M. Wilson, a student at the Eureka College Theological Seminary at Eureka. III., shot and seriously wounded John Walsh, a classmate. Edwin R. Wright was reelected president of the Illinois Federation of Labor, and James F. Morris, secretary-treasurer. Gov. Hughes, addressing the Republican club of New York city, declared that he was not seeking the presidential nomination, directly or indirectly. Negroes in New Orleans started a riot in which they killed a policeman, barricaded themselves in a house and wounded several other officers before they were captured. The direct New York-Havana cable of the Commercial Cable company was completed, the final splice having been made at sea, 120 miles from Coney island. The Canadian Pacific liners Tartar and Charmer collided off the mouth of the Fraser river and both were badly damaged. E. R. Brundick, former cashier of the Peoples bank at Huntingburg, Ind., attempted to commit suicide after he was arrested on charges of perjury and for receiving deposits after the bank was in an embarrassed condition. Delegates Frederick W. Priesmeyer and Ferdinand Warder, of St. Louis, were arrested on the floor of the house of delegates on indictments for bribery, returned at a special session of the grand jury after the passage by the delegates of a bill granting permission to build a garage on Delmar boulevard. Princess de Bearn, formerly Miss Beatrice Winans, of Baltimore, Md., died in St. Petersburg. John Antrobus, an artist, who was widely known throughout this country and the father of Miss Suzanne Antrobus, the novelist, died in Detroit, Mich. The peace conference at The Hague closed in a blaze of oratory. George Kincaid, head of the public works department in Yukon Territory, who was arrested at Dawson on a charge of stealing $40,000 from a reg istered mail sack, committed suicide by taking poison. President Roosevelt succeeded in shooting a large black bear. The police of Manila were warned that an attempt would be made to throw a bomb at Secretary Taft. A Chicago jury returned a verdict of life imprisonment for Michael Maher accused of attacking an 11-year-old girl. W. W. Westcott, one of the most successful gamblers in America and brother of Mrs. Katherine Tingley head of the Theosophist organization, is dead at his home in New York. Gov. Gen. Grey of Canada an nounced that some members of the royal family would visit the dominion in connection with the centenary of the landing of Champlain. As results of the collapse of the at tempted corner in United Copper in New York, the firm of Otto Heinze & Co. was suspended in the stock ex change; F. Augustus Heinze, the Butte copper magnate, resigned the


Article from The L'anse Sentinel, November 2, 1907

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York and before confidence could be York's second restored pany, New the Knickerbooker largest Trust finan- comcial institution, had emptied its cash pressure of the run there in a vaults stock experienced under generation; biggest a exchange firm had failed for se from five to curities $6,000,000; had Wall settled street's principal eight dollars a share; call money had risen to per cent., and local untide of had able 70 to stem the distrust, bankers, been forced to appeal for relief to the secretary of the treasury at Washing ton. The French forces at Casablanca, under the command of Gen. Drude, suffered a serious repulse at the hands of the Moors. At a general meeting of the share holders of the & in a was adopted London resolution Barnum Bailey show ratifying the provisional contract profor the sale of the property for to of Wis$410,000 viding Ringling Brothers, consin. Twenty thousand people were in danger of injuries at the Central station in Chattanooga, Tenn., when Roosevelt's President special demonstra- train rolled into the shed. The tion was so great that it was practical to ly impossible for the president speak. By earnest pleading he helped to prevent a panic. At Nashville Mr. Roosevelt denied he was responsible for the slump in stocks. The conference on trusts opened in Chicago, Nicholas Murray Butler presiding. New York's five dog police, which will be used in tracking law breakers on the outskirts of the city, arrived from Ghent on the steamship Vaderland. Rear Admiral Thomas O. Selfridge, U. S. N. (retired), was married to Miss in Gertrude Wilds, of Jamestown, R.I. Boston. James Lloyd Jones, a member of the of board of regents of the University Wisconsin and a brother of Rev. Jenk- at in Lloyd Jones, of Chicago, died his home at Wyoming, Wis. Eugene Davis and E. C. Bryan, vice and treasurer, respectively, of president the Capusecya Mining company, the indicted in Washington by embezgrand were jury for false pretenses, zlement and conspiracy. Texas Farmers' Union further Cotton The announced that no cotton, company advances would be made on of the the effort to hold the crop to be state and for 15 cents was believed a failure. quarrel over money matters, killed In a Phoebe James shot and Mrs. husband, George James at Howell, a her suburb of Evansville, Ind. meeting of the Telegraphers' strike was At a in Helena, Mont., the ten men union declared off, and Western asked formally Manager Taylor in the for their old positions. CarUnion will of the late Robert N. for a The Philadelphia, provides girls. son, $5,000,000 of institution for orphan appealed to Philadelphia clergymen to stop Sunday President Roosevelt at League island. baseball Feliciana Garza, aged Santa 117, Anna a Mexi- and is fought with the Alamo, dead witnessed can_who at Stockdale, the fall Tex. of a professional in Francisco. trike-breaker, William A. Forgey, committed suicide a San revenue officer made Nordesperate A colored attempt to assassinate treasurer and comptroller man Lockhart, of customs colonial at St. George, fines Grenada, municipality B. W. I. of St. $500,000 Petersburg imposed The aggregating Electric company the conthe Westinghouse to complete lines of that the struction for its failure of the street railway InAla. The city. annual League convention of Press of Clubs ternational at Birmingham. that a new opened Astronomers announced Mr. Mellist, of comet discovered rapidly by approaching Wisconsin, the earth. but was wouldn't Taft hit it. was of introSecretary of next War president addressed the duced United as States" "the when Manila he assembly honor. members of the banquet in his cabinet gathered at minutes a the portly voice heard five make his which folofficer prediction of For the could deafening not Smith's cheers Taft. above Gov. Gen. for Mr. White House announce lowed Widespread honors indignation by an has Whig been caused in Ireland Belfast Northern Giant's causement in world the famous shipped to the States. to that way the is about to The be first Philadelphia consignment on United 200 tons will freight go steamer. Amerof White Star representing England, a balloons and InternaNine Germany in the Bentional Jasper, started Ica, France, race from for St. the Louis James Gordon Ind., a nett cup. Wulfman. of operator. over- was Samuel mine having prominent the coal charge of the defunct arrested Peoples drawn his State on account bank of Huntingburg.


Article from The Jasper Weekly Courier, March 13, 1908

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Judge Ely was always guided by the decisions of the Supreme and Appellate Courts. Mr. Bretz has been trying to mak capital out of some attornty fees allowed by Judge Ely against the Peoples State Bank of Huntingburg, of which Fred Poettcker is receiver. Within the past year, several large civil suits on large notes were brought against the Peoples State Bank and tried before Judge Ely, which Judge Ely was compelled under the law and the evidence to decide against the Peoples State Bank The notes provided for Attorney fees Mr. Bretz was called and put upon the stand as a witness in half of the People, who had sued the Peoples State Bank, and he testified that 10 per cent. of the amount due on the notes was reasonable attorney fees, except in one or two cases, in which he testified that 10 per cent. on the first $2,500 and 5 per cent on the residue would be resonable fees. There was no evidence to the contrary, and Judge Ely had to allow the large attorney, fees in those cases against the Peoples State Bank on account of the testimony of John L. Bretz, AND HE KNOWS IT. His testimony was taken down by the stenographer, and any person wanting to read it will be furnished with a copy of his test mony. This is not all. Within the past few year, there was pending in the Dubois Circuit Court, what is called the Schnell Receivership; and Mr. Bretz and his partner were the Attorneys for the Receiver. Mr. Bretz fixed his claim. which W 18 sworn to and testified that $2,000 for his services in that case was a reasonable fee. There was no evidence to the contrary, and Judge Ely was conpelled to allow said amount, and John L. Bretz received and receipted for that amount, and stowed the same away in his P cket without any tears or sympathy for the widows and orphans who were interested in that matter. Yes sir, be received $2000 for bimself and partner, swearing that the same was reasonable, when all the facts howed that the actual amounts involved and labor performed were not half as great as in the receivorship of the Peoles State Bank. And yet, for the purp see of deceiving be people and prejudicing them against Judge Ely, and causing them if be can, o vote against Judge Ely, he complains of the amounts allowed the Attorneys in he case of the Peoples State Bank. H, CONSISTENCY, THOU ART A EWEL, BUT TH NAME IS NOT OHN L. BRETZ.