5789. Indiana Trust & Savings Bank (Indiana Harbor, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
August 8, 1918
Location
Indiana Harbor, Indiana (41.641, -87.445)

Metadata

Model
gpt-5-mini
Short Digest
730c0d04

Response Measures

None

Description

Newspaper notices show a court-appointed receiver disposing of the bank's assets (receiver's sale notices in 1918 and 1919). No article text describes a depositor run; the bank was in receivership and assets sold, consistent with a suspension/closure by authorities.

Events (3)
1. August 8, 1918 Receivership
Newspaper Excerpt
By virtue of an order of sale issued by the Lake Superior Court in the case of William H. O'Brien, Auditor. vs. Indiana Trust & Savings Bank, the undersigned receiver will offer for sale and sell to the highest bidder on the 14th day of September, 1918 ... WILLIAM WRIGHT, Receiver of Indiana Trust & Savings Bk.
Source
newspapers
2. September 14, 1918 Other
Newspaper Excerpt
will offer for sale and sell to the highest bidder on the 14th day of September, 1918, at two o'clock P. M. ... Said property will be offered for sale Item by item.
Source
newspapers
3. March 8, 1919 Other
Newspaper Excerpt
By virtue of an order of sale issued by the Lake Superior Court ... the undersigned receiver will offer for sale and sell to the highest bidder on the 8th day of March, 1919, at two o'clock P. M. ... WILLIAM WRIGHT, Receiver of Indiana Trust & Savings Bk.
Source
newspapers

Newspaper Articles (2)
1. August 8, 1918 The Lake County Times Hammond, IN
Article from The Lake County Times, August 8, 1918

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Article Text

All Policemen have orders to kill all dogs that are running at large and not muzzled. DANIEL BROWN, Mayor. 3t. RECEIVER'S SALE OF REAL AND PERSONAL PROPERTY. By virtue of an order of sale issued by the Lake Superior Court in the case of William H. O'Brien, Auditor. vs. Indiana Trust & Savings Bank, the undersigned receiver will offer for sale and sell to the highest bidder on the 14th day of September, 1918. at two o'clock P. M. of said day at the office of the receiver Number 3336 Michigan Avenue, in Indiana Harbor, Lake County, Indiana, the following described property, to-wit: The title to the following described real estate subject to certain equities in contracts executed for the sale thereof to-wit: Lots 26, 28 and 32. in Block 4. N. E. 1/4, 29. T. 39 N., R. 9 in East Chicago: Lot 13, Block 30. Old Town Indiana Harbor; Lot 5. Block 59, Old Town Indiana Harbor: Lot 33, Block 9. 3rd Add. to Indiana Harbor. The following notes and mortgages: Two executed by W. Marcovich of $3,200.00 cash on real estate in Indiana Harbor. One executed by Brinkley Land and Improvement Company on land in Brinkley, Arkansas. The following notes, together with interest thereon: J. W. Brissey. $30.00; Margaret Baggot, $111.25: H. F. Donnelly, $881.69; $1,000.00; $180.00; $1,550; J. E. Fowler, $257.05: $1,000.00; Charles E. Fowler, $1,250.00; Sam Glass, $94.46: Indiana Securities Company, $4,000.00, $900.00, $2,192.33: M. Y. Jackman, $2,192.33; Carl J. Lundberg. $826.22. $387.87, $107.90: Charles Martin. $107.90; Charles G. Miller, $75.00; W. R. Taylor, $41.67; W. W. Williams, $275.00. The following judgments: Judgments vs. Edward W. Wickey. et al., $7,614.93. $3,645.25 and $1,845.20 and interest from February 26. 1916; one against John Ursu for $40.00; William R. Cain, $5,618.63. all in Lake Superior Court. The following stocks: 80 shares Lake Conuty Ice and Cold Storage Co., 100 sharles Transylvania Casualty Insurance Company and 150 shares in Farmers National Life Insurance Company. One 2nd Liberty Bond, U. E. A. of $100.00. The following unimproved lots in Indiana Harbor. Lot 4. B. 53, Lot 27, B. 58; Lots 14. 22, 23 and 24. B. 59: Lot 36, B. 71. all in Old Town, Indiana Harbor: Lot 17. B. 17 and Lot 18, B. 22, in 2nd Add.: Lot 5, B. 4, in 3rd Add, and Lot 17 and S. 5 ft. of Lot 16. B. 8, in 4th Add. Said property will be offered for sale Item by item. each bidder to pay at the time his bid is accepted in cash twenty per cent of the amount bid, and shall

2. February 20, 1919 The Lake County Times Hammond, IN
Article from The Lake County Times, February 20, 1919

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Article Text

RECEIVER'S SALE OF REAL AND PERSONAL PROPERTY. By virtue of an order of sale issued by the Lake Superior Court in the case or "Villiam H. O'Brien, Auditor, vs. Indiana Trust & Savings Bank, the undersigned receiver will offer for sale and sell to the highest bidder on the 8th day of March, 1919, at two o'clock P. M. of said day at the office of the receiver. Number 3336 Michigan avenue, in InZiana Harbot, Lake Countr. Indiana, the following Sescribed property, to-wit: One note signed by Nettie May Harding and J. W. Maxwell for $300 and interest. The title to the following described real estate subject to certain equities in contracts executed for the sale thereof, to-wit: Lot 13. Block 30, O. T. Indiana Harbor: Lot 5, Block 59, O. T. Indiana Harbor: Lot 33, Block 9, 3rd Add. to Indiana Harbor; Lots 18, 26, 28 and 32, in Block 4, N. E. 1/4 29, T. 37 N., R. 9. East Chicago; Lot 10, Block 51 O. T. Indiana. Also the following unimproved lot in Indiana Harbor: Lot 4, Block 53. Resub. O. T. One miscellaneous list of insurance premium accounts totalling $2,554.80 (list furnished bidders on day of sale). Said property will be offered for sale time by time, each bidder to pay at the time his bid is accepted, in cash twenty per cent of amount bid, and shall within sixty days from the date of sale by the receiver, the entire balance of the bid: all sales shall be made without appraisement. but in all things subject to the approval of the court. As soon as the court has approved said sale, purchaser will be notified. and he then obtains the property purchased but must make final payment within sixty days from date of sale. WILLIAM WRIGHT, Receiver of Indiana Trust & Savings Bk. 2-20-1t. L. V. CRAVENS, Attorney. Take The Times and keep in