5790. (Old) First National Bank of Indianapolis (Indianapolis, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Start Date
September 2, 1885
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini
Short Digest
a965ecb9

Response Measures

None

Description

Multiple notices from the court-appointed receiver (Harry J. Milligan) advertise sale of the bank's assets following a Circuit Court order entered September 2, 1885. No articles describe a depositor run; the bank is in receivership and assets are being liquidated, indicating a suspension followed by closure/receivership.

Events (4)

1. September 2, 1885 Suspension
Cause
Government Action
Cause Details
Circuit Court order placed the bank into receivership; receiver appointed and bank assets to be sold at public auction (receiver's notice dated Sept 4, 1885).
Newspaper Excerpt
order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885
Source
newspapers
2. September 4, 1885 Other
Newspaper Excerpt
HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4, 1885. OTICE-SALE OF ASSETS OF BANK ... will on Saturday, October 31, 1885 ... offer for sale ... all the claims ... and all other property of said bank or said receivership ... except claims against stockholders ... .
Source
newspapers
3. September 4, 1885 Receivership
Newspaper Excerpt
HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind.
Source
newspapers
4. October 31, 1885 Other
Newspaper Excerpt
will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction ... all the claims, notes, accounts, judgments, choses in action ... and all other property of said bank or said receivership.
Source
newspapers

Newspaper Articles (10)

Article from The Indianapolis Journal, September 8, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims. notes, accounts, judgments choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of sa d bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply HARRY J. MILLIGAN, to undersigned, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4. 1885.


Article from The Indianapolis Journal, September 9, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgments choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of said bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4, 1885.


Article from The Indianapolis Journal, September 10, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, Octo. ber 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims. notes, accounts, judgments choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of sa a bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4. 1885.


Article from The Indianapolis Journal, September 11, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims. notes, accounts, judgments choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of sa d bank or said receivership, except elaims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply HARRY J. MILLIGAN, to undersigned, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4. 1885.


Article from The Indianapolis Journal, September 12, 1885

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Article Text

JAMES PYLE, NEW YORK. OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgments choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of sa d bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4, 1885.


Article from The Indianapolis Journal, October 22, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgments, choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of said bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4, 1885.


Article from The Indianapolis Journal, October 24, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgments, choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of said bank or said receivership, except claims against stockholders on account of statutory. liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianap olis, Ind. Wright's Block, Indianapolis, September 4, 1885.


Article from The Indianapolis Journal, October 26, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. mg offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgments, choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of said bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4, 1885.


Article from The Indianapolis Journal, October 27, 1885

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Article Text

FINANCIAL. MAVERICK NATIONAL BANK, BOSTON, MASS. $400,000 Capital $400,000 Surplus Accounts of Banks, Bankers and Mercantile firms received, and any business connected with Banking solicited. Exchange drawn and Cable Transfers made on the principal cities of Europe. J. W. WORK. Cash. ASA P. POTTER, Pres. OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. in., oner for asl, Date it public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgm nts. choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of said bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terms of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4. 1885.


Article from The Indianapolis Journal, October 28, 1885

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Article Text

OTICE-SALE OF ASSETS OF BANK-The N undersigned hereby gives notice that, in pursuance of the order of the Circuit Court of the United States for the District of Indiana, entered at Indianapolis September 2, 1885, he will, on Saturday, October 31, 1885, at 10 o'clock a. m., offer for sale at public auction at the south door of the Court-house of Marion county, Indiana, all the claims, notes, accounts, judgments, choses in action (including any claim against the United States growing out of the deposit of funds in the Treasury of the United States to secure or redeem circulation on account of lost or destroyed bills or otherwise), and all other property of said bank or said receivership, except claims against stockholders on account of statutory liability or their appropriation of assets of said bank. For list of said assets and information touching terras of sale, the conditions upon which creditors of bank may apply dividends in payment of bids, etc., apply to undersigned, HARRY J. MILLIGAN, Receiver of the (Old) First National Bank of Indianapolis, Ind. Wright's Block, Indianapolis, September 4, 1885.