American First National Bank (Mount Carmel, IL)

View Charter #5782 on SPMC View balance sheet

Episode Information

Episode UID
578201597
Episode Type
Run β†’ Suspension β†’ Closure
Bank Type
national
Bank ID
57820 national
Charter Number
5782
Start Date
January 27, 1933
Location
Mount Carmel, Illinois (38.411, -87.761)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cb3f8f2b6bd8b2b8

Response Measures

Public signal of financial health, Capital injected, Full suspension

Receivership Details

Depositor recovery rate
50.0%
Date receivership started
1934-05-31
Share of assets assessed as good
38.1%
Share of assets assessed as doubtful
55.4%
Share of assets assessed as worthless
6.5%

Description

Bank was saved by a 10-day mayoral moratorium in Feb 1933, reopened, but later placed under conservator and a receiver (June 1934).

Events (6)
1. April 18, 1901 Chartered
Source
historical_nic
2. January 27, 1933 Suspension
Cause
Government Action
Cause Details
Mayor proclaimed a 10-day moratorium (business holiday) including closure/restrictions on the bank to prevent its closing due to withdrawals.
Newspaper Excerpt
10-day suspension of business ... a suspension declared by edict of the mayor to save the city's bank from closing
Source
newspapers
3. February 4, 1933 Run
Cause
Rumor Or Misinformation
Cause Details
Panicky withdrawals and gossip triggered a run on the bank; citizens described panicky ones and malicious tongue of gossip as the instigators.
Measures
Citizens solicited pledges from depositors to not withdraw and to redeposit funds; bank limited business.
Newspaper Excerpt
the Directors of the bank said it was hopeless to try and keep open in the face of continued withdrawals
Source
newspapers
4. February 5, 1933 Reopening
Newspaper Excerpt
the American National, resuming business on limited basis ... merchants chuckled ... celebrated its release from 10-day suspension of business ... the American- National Bank had reopened its doors.
Source
newspapers
5. May 31, 1934 Receivership
Source
historical_nic
6. June 2, 1934 Receivership
Newspaper Excerpt
Wright of Newton, Ill., was named receiver for the American First National Bank here, under conservator since the banking moratorium.
Source
newspapers

Newspaper Articles (12)
1. February 5, 1933 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, February 5, 1933

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BUSINESS HOLIDAY OFF. Mt. Carmel, III. February (AP) business holiday of week and two days ended here today with all business places opening their doors and the only bank, the American First National, ing business on limited basis. The business was declared by proclamation Mayor T. B. Wright after the Directors of the bank said it was hopeless to try and keep open in the face of continued withdrawals. Closing all business except food and drug stores, transportation and other necessary business offices. the citizens of Mount Carmel set about to obtain pledges from all bank depositors not withdraw their money and deposit new money to keep the bank from closing

2. February 5, 1933 The Oklahoma News Oklahoma City, OK
Article from The Oklahoma News, February 5, 1933

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TOWN IS THRONGED AS STORES REOPEN 10-Day Business Suspension Saves Illinois Bank MOUNT United CARMEL Ill., Feb. Mount Carmel's merchants chuckled in high spirits Saturday as they watched the Saturday night throng of farmers and citizens of this southern Illinois countryside pour into town. The crowds jostled on the sidewalks and loitered front of brightly-lighted movie houses and confectionery stores where soda fountains did a rush business Stores along the main street were open for trade and crowded with customers. It was just the normal Saturday night scene repeated in thousands of small American towns every week but for Mount Carmel the evening held special significance Saturday this town of 4000 population celebrated its release from 10-day suspension of business-a suspension declared by edict of the mayor to save the city's bank from closing It was real celebration for the American- National Bank had reopened its doors. Officers happily greeted the rush of patrons with the word that the threat of closing was past.

3. February 5, 1933 The Cincinnati Enquirer Cincinnati, OH
Article from The Cincinnati Enquirer, February 5, 1933

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BUSINESS HOLIDAY OFF. Mt. Carmel, III., February business holiday of week and two days ended here today with all business places opening their doors and the town's only bank, the American National, resuming business on limited basis. The business holiday was declared by proclamation of Mayor T. B. Wright after the Directors of the bank said it was hopeless to try and keep it open in the face of continued withdrawals. Closing all business except food and drug stores, transportation and other business offices, the citizens of Mount Carmel set about to obtain pledges from all bank depositors not to withdraw their money and to deposit new money to keep the bank from closing.

4. February 10, 1933 The Leigh World Leigh, NE
Article from The Leigh World, February 10, 1933

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Hanging on to your dollars is as futile as an elephant hanging over the grand canyon with its tail tied to a daisy.-Maryland Catapult. We had grown to take the First National bank and the men who made up its personnel for granted, quite unmindful of the disorder that would ensue were it to suddenly cease functioning. Quite without warning, and I write those words with emphasis, we were brought face to face with this very situation this past week. The loss to our community, not measured in dollars and cents, is well nigh irreparable. But the reaction to the announcement that the institution had closed its doors has reaffirmed an hundred fold the confidence and faith which the substantial citizens of the town and country side had in the bank and its staff of officials. With empty pockets I stand today with those others of our business men who stood by the bank. The other folks, those who "tipped off their friends" to withdraw their money and in that way brought about the bank's failure, did not approach me. I think I know why. I'm glad they did not. And I could have used those few hundreds I had on deposit very nicely in carrying on my business. But I'd rather be with those who lost, with honor, than with those who are hoarding their money in a hidden sock, or some other place. One wonders if those who took their money out of the bank realize fully what they have done. Some of them had only a hundred dollars, others had from six to eight hundred. But combined, they closed the bank. They have their money, but they have paralyzed the business of the town and country and have wrought havoe and humiliation on every hand. There is bound to be another reaction and I'm predicting, here and now, that those same people are going to come in for a mighty small portion of patronage when the time comes that we shall recover from this temporary condition. And we shall recover! We are being urged every day to publish the names of the persons who combined to make the "run" on the bank. I doubt if such a list would be available to anyone but I believe most people know the names of those who started the "run" and also the names of the "friends" who followed next, etc. I'll venture they have spent more sleepless nights since they withdrew their money than they did in the years it reposed safely in the vaults of the First National bank. Retribution comes sometimes in sudden and unexpectel ways-but it does come, you can depend on that. That the malicious tongue of gossip is sufficiently powerful to underminan entire community has been proven in the events of the past week. The under currents, always, are those to be.most feared. There is no greater virtue than honesty, but even honesty may find itself overpowered, for the time being, by the poison of under handed gossip. Thomas Mortimer may not be the president of the First National bank today, but, as always, he is the "grand old man" of the Leigh community. Heading the bank for nearly half a century, 46 years to be exact, he had helped many in this territory over rough places on the road. Inclined, at all times, to be conservative, his advice, more often than not, kept many a man from taking disastrous risks. I've never known of an instance in which anyone regretted having followed Mr. Mortimer's suggestions. Community builder and benefactor he has enshrined himself in the hearts of men, women and chilalike, and in this dark hour they reassert their faith in him. The way the folks over at Mount Carmel, III., handled the situation is attracting a good deal of attention. Panicky ones started a "run" on the National bank and the officers at once announced that if the "run" were continued they would be obliged to close the bank. Forthwith, the mayor of the town declared a 10-day moratorium on business of every kind including the bank. In the meantime substantial citizens canvassed the territory and pleaded with depositors to leave their money in the bank. This they promised to do and accordingly, on Monday, all business houses, and the bank, were reopened. A spirit of confidence prevailed and things are going ahead as usual. Coming nearer home, the folks at Howells sensed the seriousness of conditions generally and were one step ahead in taking care of things. They called a mass meeting of depositors on Saturday eve and nearly one thousand people from a radius of 15 miles attended. Officers of both banks, J. M. and L. F. Folda, of the Colfax County bank, and L. R. Coufal and J. A. Novak, of the Howells State, made short talks. State Senator Emil Brodecky and Rev. J. Drbal, pastor of St. John's Catholic church, pleaded for confidence and loyalty to the two banks. Good will was in evidence on every hand. The Commercial club served refreshments to the crowd which was the largest that has ever attended one of its meetings. If we could only live over again the happenings of the past month here at Leigh. An unavoidable accident in this office while we were running last week's issue of The Leigh World caused a portion of our regular heading to be broken off. Hence we were forced to utilize a heading which had been used on the paper some years ago. The incident was trivial and we had no. thought it needed an explanation. But as readers of the paper have repeatedly called our attention to the change asking the reason why, and some, living at a distance, have gone to the trouble of writing us letters asking that we go back to the usual head, we feel that the foregoing explanation is in order. Repair of our regular heading cost us just $4.85. But we have it on hand again and you will find, our front page looking up in its more familiar dress.

5. February 16, 1933 The Colfax County Press and the Clarkson Herald Consolidated Clarkson, NE
Article from The Colfax County Press and the Clarkson Herald Consolidated, February 16, 1933

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dren alike, and in this dark hour they reassert their faith in him. The way the folks over at Mount Carmel, Ill., handled the situation is attracting a good deal of attention. Panicky ones started "run" the National bank and the officers at once announeed that if the "run" were continned they would be obliged to close the bank. Forthwith, the mayor of the town declared a 10. day moratorium on business of every kind including the bank. In the meantime substantial citizens canvassed the territory and pleaded with depositors to leave their money in the bank. This they promised to do and accordingly, on Monday, all business houses, and the bank, were reopened. A spirit of confidence prevailed and things are going ahead as usual,

6. March 4, 1933 Evening Star Washington, DC
Article from Evening Star, March 4, 1933

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# EARLY U. S. ACTION # PLANNED ON BANKS New York and Illinois Declare Holidays-Only Four States Unrestricted. (Continued From First Page.) Connecticut took similar action, bring- ing to 43 the list of States in which restrictions on withdrawals are opera- tive in some form or another. Only Montana, Colorado, North Da- kota and South Carolina remained without restrictions at noon today. Delaware's banks were open, but the State Legislature has already taken emergency action. These developments had brought from Representative Rainey, the next Speaker of the House, the prediction that "an extra session of Congress will be called at the earliest possible time." He said he felt that early next week, possibly Tuesday, would not be too soon. Pre- viously Rainey had told House mem- bers-elect to remain in Washington. Others at the Capitol said the session probably would begin Wednesday. The Federal Reserve Bank of New York was closed with all other bank- ing institutions of that State. The Federal Reserve Bank at Philadelphia also closed, under a holiday declared throughout Pennsylvania by Gov. Pin- chot. Later in the day the Minne- apolis Federal Reserve Bank suspended business. The closing of the New York Federal Reserve Bank meant the tying up of its huge gold reserve for the period of the holiday against withdrawal by either domestic or foreign agencies. In discussing the banking relief pro- gram, Senator Robinson said: "We do not know just when it will be completed, but it will be expedited all possible. The details can not be announced right now but you may be assured there will be no delay." Wagner Plans Action, Previously Senator Wagner, Demo- crat, of New York, had told newspaper men he would carry immediately to Democratic leaders an appeal for imme- diate emergency banking moves. In- formed at his hotel here of banking moratoria in New York and Illinois. Wagner said he would appeal this morn- ing to Democratic leaders to begin working out a program and some time this afternoon would call on Mr. Roose- velt with the same objective. A bank holiday, he said, "is the only thing to do" to meet the emergency of the banks themselves, but he added quick steps are necessary to enable them to reopen and continue opera- tions. Harvey Couch, Democratic member of the Reconstruction Finance CorpoΠ³Π°- tion, was the first White House caller this morning. He said after a brief conference with President Hoover he had discussed "matters incident to the banking situation," but declined to give details. Couch conferred last night with President-elect Roosevelt. Officials in Conferences. High officials both of the outgoing Republican and incoming Democratic administrations were in conference most of the night. Secretary of the Treasury Mills said afterward the Hoover administration would have no statement, but that governors of the Federal Reserve banks in Chicago and New York would have announcements. Demands Impossible. The hours between midnight and dawn saw banking officials in many States struggling with the problem, made acute by the flurrying of nervous- ness on the part of depositors. As a statement by the New York Clearing House Committee put it: "The unthinking attempt of the pub- lic to convert over $40,000,000,000 of deposits into currency at one time is, on its face, impossible." The statement added that the condi- tion clearing house banks is such that "they could, through the facilities of the Federal Reserve Bank, pay on de- mand every dollar of their deposits," but that withdrawals throughout the country as a whole have increased so that a "halt" is necessary "to enable the proper authorities to consider and adopt remedies to meet this situation, not for New York primarily, but for the Nation as a whole." Only a few States remained today in which restrictions on withdrawals had not been invoked. No Holiday in Virginla. In Virginia, Gov. Pollard said no general banking holidays would be de- clared because the State's laws already protect the banks and their depositors. In Maryland, the General Assembly early today approved the emergency banking legislation without a dissenting vote in either House. Gov. Ritchie signed it this morning, but said that the banking institutions of the State will not reopen Monday. The resources of the Reconstruction Finance Corporation earlier had been made available to hard-pressed, but solvent banks in States that have imposed moratoria on withdrawals. This was one of a number of de- velopments yesterday that included introduction of legislation to allow postal savings checking accounts and to confer upon the incoming admin- istration sweeping authority to main- tain the security of deposits. Reconstruction Corporation officials said their policy called for lending in- stitutions if the loans were well secured enough money to pay the percentage of deposits that could be withdrawn, provided the banks did not have the funds immediately available. It was emphasized this was not a new departure, but was simply the ap- plication of regulations decided upon for individual instances in the past to a situation spread into a number of States. Pinchot's Statement. Gov. Pinchot of Pennsylvania here for the inauguration issued the follow- ing statement: "Because of the declaration of a bank holiday in New York, Illinois and most of the other States, similar action in Pennsylvania has become unavoidable. "Were our banks to remain open, the demands upon them would impose an impossible burden. "Therefore, upon specific recom- mendation of Gov. Norris of the Phila- delphia Federal Reserve Bank, I hereby declare a bank holiday throughout Pennsylvania on Saturady, March 4, 1933, and Monday, March 6, 1933." Exchange Statement. A statement issued by the Govern- ing Committee of the New York Stock Exchange said: "The Governing Committee at a meeting held this morning in order to give full effect to the banking holiday declared by the Governor of the State of New York directed: "First, that the exchange be closed during such holiday: "Second, that members and firms registered on the exchange be pro- hibited from making any contracts for the purchase or sale or the borrowing or lending of any securities, and also from permitting their offices or facili- ties to be used for the purpose of mak- ing or carrying out any such contracts; "Third, that all deliveries be suspend- ed on all member contracts, except on such contracts as may be cleared by or settled through the Stock Clearing Corporation, and that in such cases deliveries shall be made as the Stock Clearing Corporation shall direct

7. March 4, 1933 The Buffalo News Buffalo, NY
Article from The Buffalo News, March 4, 1933

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ILLINOIS BANKS ORDERED TO CLOSE FOR THREE DAYS CHICAGO. March general three-day holiday Illinois was early urday extended Chicago financiers and Gov. Henry Melvin the First National made announceeffect Saturday. Monday and Tuesday Traylor closing upon signed by The the reopen March may ited per cent. during the following eight Gov. Horner said the past several days have been conference banks Illinois effort the course tion has bank states surroundIllinois and the counthe banks this state would strain has them. This hour issued statement effect holiday The has made The banks paid more in the past effort tide also expected the national government might regard The picture has materially changed Friday day banks the banks and association the Federal Bank Chicago, deem the welfare citizens the protection bank referred my issued The Federal Reserve bank of Chijoined holiday and no gold Saturday would not reopen "until conditions

8. March 5, 1933 Star Tribune Minneapolis, MN
Article from Star Tribune, March 5, 1933

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Nation's Leaders Lay Plans to Restore Financial Normalcy. (Continued From Page 1.) orders and gave checks for the balRailroad companies emergency ened credit and that travelers would not left stranded of difficulities. MECHANISM OF STILL By Claude Jagger Editor. York, March great United States stood still took office promising emergency action. the banks of New York well New the Chiboard trade and other and exchanges the closed. Financial and government offi. in York, Washington and other cities bent their efforts development procedure permit tran business settlements The banking holiday movement February finally the big Wall Street and La Salle End Tuesday in Y. The end in New York in and other states. from picted nation with good cheer unparalin the dustrial the United States. the meet ordinary living expenses failed to develop any and banks number localities vided cash meet and commerce functioned interference. with the practice extending credit or accepting The New York clearing house and banks in other to develop methods of banking operations next week. Affects World. apparent the hysterical and futures, also closed convert deposits dealers checked transact the be extended to ridieu- sources supply for fresh Arrangements made to extend for resuming banking personal credit. chiefly methods LONDON PRAISES records real MOVE By closely tinized. that house the European capitals New York and other result the American bank leading house Tourists cash checks used by travel tle transactions some extent agencies and some London foreign currency. was seen lack confi- gold. Currency rather rates Europe are based the lack dollar and there was some facilities. brought out the possibility adopting the French explained, there currency backwould for the for exchange than amount issued now far above that The foreign exchange policy days for Monday not certain. Amerithe branch 1928 statement was by the the of the bank. supplementing the right The statement, which result stock closed dull after the quiet session. Friday. Friday's report, had CLEARING HOUSE TO ISSU through account New March foreign and the largest Issuing clearing house certifireported single Saturday. the conduct however, that after there trade the expiration of state banking Tuesday had held for foreign account worked out Saturday by sulting the addition of that New York Clearing House association. amount stocks metal This left the nation's gold stock At meeting that lasted through. the end the week about the large more than third York city commercial banks decided all the gold in the this and about above the means facilitating commerce reached last June medium. sult of the large of metal during Mortimer N. Buckner, president the spring said the certifi. Saturday's holiday was the first be printed over the week and would ready for emergency stopped tion on Monday. The transactions exports of the previous metal the which certificates from October, to June. of 000 such the stock exchange paper in circula. was the time trading has been halted in this by Clearing are pa. when the effect per based deposits and war jointly though the bull 1928 and sued of banks They the selling late 1929 forced restriction hours per. the pointed out may was mit clerical forces catch the work. sible also taken November of 1929 trade provided those clerks had been clearing working night and day. would tion this plan, explained. After the closing the exchange avoid of an excessive the end July, 1914, amount of no trading currency. permitted until restricted dealings in bonds RICH EXPLORER WEDS. London. March M. trading again started in 25-year-old stocks. explorer. married today millionaire Frau. TERMS OF HOLIDAY LISTED Illinois for cash Saturpay for holiday decreed Horner. The and before Saturday all banking second center of the defied for usual, ready the full But these tions. Horner remained close touch with bankers. Terms the holiday All banks in Illinois directed close Saturday, Monday and The effect of the virtual banking the United States. world's richest nation third the world's supply gold. brought tional financial transactions much of the In London. long the world center international American and all foreign exchanges suspended quotations on gold. result. foreign exchange standstill time the dollar had not leading tals The and Chicago the owing general bank holl. formal issued federal reserve board Washington reserve banks San Francisco and open, Kansas tution transacted for territory The closing the New serve bank checked the large gold for port which had developed. The treasury New York open redeemed treasury certificates for usual, paid out bars, doing no business Bankers Hold Meetings. reopening Wednesday for period banks must of deposits March to paid the March any shall and held subject dated be honored. the midnight March In the fortnight had Chicago alone, report with 141 banks 36 leading seventh reserve district for the week ended The board of trade closed along with the Chicago stock and changes, stopping trading grain cotton futures. Immediate steps taken, however, to maintain Leading New York bankers held meetings the York clearing and Saturday sessons through Friday night and early Saturday morning. resulting March Governor Lehman's proclamation ordering two-day legal holiday. which The net demand deposits of the house banks were reduced ended market for grain. Saturday weekly clearing house At world's greatest packing statement leaving the farmer still able total Shipments Bankers explained the rush Monday the Chicago to convert bank will checks rency had point which the Banks taxed facilities the the After nn the banks and the federal reserve exchange. another tem plans was called the house Tuesday. the York banks The Mercantile exchange, mam that they market for futures trading facilities the on demand but to call One of the new halt dise" styles just reNew York but of the nation ceived priced at No Currency. Banking authorities there currency cilities, actual currency, but that had become Imperative check the rush for cash, preserve the and efficient practice doing business through and prevent an currency which be when hysteria had The people the the that the the the that the hig are strong blanket the noon closing hour: persons access to safety deposit swallowed up large amounts of rency this encountered no dif. ficulties. Financial authorities explained that 90 per cent the nation's was normally transacted through the medium checks Home and pointed out that total currency Shoe In circulation, the record fig. ure of shown in report, only fraction the Bates bank deposits in the country,

9. March 6, 1933 The Buffalo News Buffalo, NY
Article from The Buffalo News, March 6, 1933

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ILLINOIS BANKS ORDERED TO CLOSE FOR THREE DAYS CHICAGO, March general three-day Illinois was urday extended Chicago financiers Gov. Henry Horner Melvin president First National made will effect Saturday Monday and Tuesday Traylor closing upon banks signed the reopen may limited per cent. during the follow ing eight statement by Gov. Horner said "For the past several the effort best emergency spite holidays surrounding Illinois and the the this state the has This was this that holiday Illinois time. greatest effort has such necessity The banks paid more in the past tide also been the might that regard has by The picture has changed Friday Finally after day of unprecefrom the the House banks the the Federal now the welfare the protection depositors have funds, declare the bank day referred my proclamation issued The of Chiholiday and was Saturday not reopen conditions

10. March 7, 1933 Waukegan News-Sun Waukegan, IL
Article from Waukegan News-Sun, March 7, 1933

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DEMOCRAT OFFICIAL NOTE To Remain Closed Until Gov. Horner Instructs Officials To Obey Woodin. CHICAGO. March Uncertain what action to take. officials Illinois banks kept in constant touch with Washington interpretation of Secretary the Treasury Woodin's new regulations The Continental Illinois National Bank and Trust Chicago, largest bank of and accepted deposits for time but ceased doing after conferences between bank officials and communications Washington. In addition declining to accept deposits, of the banks did not drafts food shipments, other purposes described necessary by Secretary Woodin. There clearing house assomeeting however, and the outcome was expected banks with definite program Most the bank officials said variations between Secretary Woodin's lightened declared for Illinois last week Henry Horner made them hesitate modified basis. ned to proclamation lattoday authorizing Illinois banks follow made by the The national banks were informed by national bank that they should obey Secretary Woodin's and disregard the provisions of the state Under Horner's proclamation of last week, banks would reopen tomorwith per cent restriction on withdrawals for the next days. Several Illinois cities solved the problem medium of exchange by issuing scrip backed currency. Springfield. Urbana, and Peru were among the towns taking such action. The Federal Chicaready certifireceived from Washington Town Board Votes To Throw Out Democratic Ticket On Legal Technicality. The Zion township Democratic ticket today was ordered off ballot by the town election hearing held in the sheriff's office, the same time similar started against Independent candidates Cuba township them the The Zion board voted two ticket. Supervisor Thompson Town Clerk Hueneryager voted for rejection and Justice the Thomas McEwen for acceptance the slate. This only the Voliva ticket in the field. No Sworn Statements Attorney Joseph Bishop, the firm of Bishop. Carey LaRose. argued petitions were there was statements attached the petition. Earl Cook counsel for the argued that the petitions substantial conformity with the requirements prescribed The objection the Independent candidates Cuba township filed by Bishop Besides the alleged deficiency sworn statements candidacy there defects in these petideclared. May If action will leave candidates Citizen's tion. This ticket headed pervisor Harold D. Kelsey, Kelsey and Town Clerk Grom. are members the Cuba and candidates the Citizen's Bishop asked County Judge Persons point two other members their be Woller and Cornelius Snyder, Republican and Democratic precinct committeemen Cuba township. This hearing day morning and be held the county building room designated by the sheriff.

11. June 2, 1934 St. Louis Globe-Democrat St. Louis, MO
Article from St. Louis Globe-Democrat, June 2, 1934

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CHILDREN'S BUILDING IN 'DEPLORABLE SHAPE' Grand Jury Report Criticises Conditions of Public Structure. The Children's Building, Fourteenth street and Clark avenue, where boys and girls are detained by the Court or for protection, is in deplorable shape" and no effort made to clean the April term grand jury stated in final report to Circuit Judge Hogan yesterday. "This condition due largely to the fact of insufficient janitor service, the building having no janitor of its own, but using part of the time of the janitor attached the City Morgue,' the report set out. "A full-time janitor should be assigned to this building without delay to clean up the building and keep clean." The building is generally dirty, windows unclean, toilets are torn and there are cockroaches and other vermin in the the report said. For lack of funds inmates of the Children's Building do not have sufficient and proper clothing, the grand jury found. "As we find the building is capably and we most highly the conduct of the Juvenile Court by the Circuit Judge (Judge Hoffmeister) assigned to this division," the report set out. Summer Schedule Effective. The schedule of services Trinity Methodist Church, North Thirteenth Tyler streets, will inaugurated with Sunday school and preaching service Rev. Ross W. Adair, the pastor, also will conduct services each Sunday at the Goodwill Children's Summer Camp, Woodson road and St. Charles road. Bank Receiver Named. By Associated Press. MOUNT CARMEL ILL, June Wright of Newton, III., day was named receiver for the American First National Bank here, under conservator since the banking moratorium. corner on pockets while they themselves had to pack all their belongings into one little handbag, will be delighted this year's style lots of pockets on tailored clothes for women. Here jacket that exemplifies the note. While they of course, decorative, they are also very useful. The jacket trimly tailored model with an inverted pleat the back under the shoulder yoke. The skirt has panel back and pleat at the left side. Both are linenblue with bright navy skirt. Vogue Designs: Jacket No. 6677, Skirt No. 6681.

12. June 7, 1934 Herald and Review Decatur, IL
Article from Herald and Review, June 7, 1934

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Newton Man Is Bank Receiver in Mt. Carmel By Staff NEWTON Thomas C. Wright of Newton has been appointed receiver the Mt. Carmel American First National bank. He succeeds Ben H. Stansfield. conservator for the last 14 months. Mr. Wright will begin liquidation of the bank's assets as soon as they are taken over from Mr. Stansfield.