5834. Fort Wayne Avenue State Bank (Indianapolis, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 17, 1934
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini
Short Digest
fb48ba43

Response Measures

None

Description

Articles (Apr 27 and Dec 13, 1934) describe the Fort Wayne Avenue State Bank in liquidation by court order and the Department of Financial Institutions. No run or depositor panic is mentioned. The court order was entered April 17, 1934; a sale of bank personal property is advertised for Dec 17, 1934.

Events (3)

1. April 17, 1934 Receivership
Newspaper Excerpt
the Department of Financial Institutions of the State of Indiana has filed with said Superior Court ... in the matter of the liquidation of the Fort Wayne Avenue State Bank ... By CARL A. PLOCH, Special Representative.
Source
newspapers
2. April 17, 1934 Suspension
Cause
Government Action
Cause Details
Order of the Superior Court and action by the Department of Financial Institutions placed the bank into liquidation.
Newspaper Excerpt
By virtue of an order of the Superior Court of Marion County. Room 1 entered on the 17th day of April, 1934 ... in the liquidation of the Fort Wayne Avenue State Bank
Source
newspapers
3. December 17, 1934 Other
Newspaper Excerpt
The Department of Financial Institutions ... will sell certain personal property consisting of office furniture and equipment ... on Monday, December 17, 1934, or as soon thereafter as said property can be sold.
Source
newspapers

Newspaper Articles (2)

Article from The Indianapolis Times, April 27, 1934

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Article Text

(SEAL) City Clerk. NOTICE To Creditors of City Trust Company of Indianapolis to File Their Claims With Receiver Notice is hereby given to all the creditors of City Trust Company. of Indianapolis. Indiana. that on the 19th day 01 April 1934. the Circuit Court of Marion County. Indiana. entered an order in the cause of State of Indiana, on the relation of Luther F. Symons. Bank Commissioner of the State of Indiana VS City Trust Company and being Cause No. 45292 of the proceedings of said court directing all creditors of the City Trust Company. of Indianapolis. Indiana, to file their several verified claims. with all asserted contentions of priority of payment thereof. with Gren S. Hack. as Receiver of City Trust Company 302 New City Trust Building Indianapolis. Indiana on or before May 31st. 1934. except the general depositors, who assert no priority of payment over other creditors and who assert no claim in excess of the amount shown due them by the books of said City Trust Company: and said order further provides that all claimants desiring a preference over general or common creditors. failing or refusing to file their claims with all asserted priority of payment. shall be debarred from participation in any dividend declared in said matter. Dated at Indianapolis. Indiana. this 19th day of April. 1934. OREN S. HACK As Receiver of City Trust Company. JOSEPH COLLIER. Attv. IN THE SUPERIOR COURT OF MARION COUNTY, ROOM 1. NO. A-74146 State of Indiana, County of Marion. SS In the matter of the liquidation of the Fort Wayne Avenue State Bank, Indianapolis. Indiana. Notice to depositors. creditors. shareholders or other persons interested in the filing of the statement of debts and liabilities of The Fort Wayne Avenue State Bank of Indianapolis, Indiana with the recommendations of the Department of Financial Institutions as to the allowance or disallowance of such claims, and of the date after which all claims of every nature. all claims for preferences or priorities. and all objections to recommendations for allowances or disallowances made by The Department of Financial Institutions will be barred. By virtue of an order of the Superior Court of Marion County. Room 1 entered on the 17th dav of April, 1934. and the provisions of Section 57 of the Indiana Financial Institutions Act. the undersigned hereby notifies each and every depositor, creditor. shareholder or other person or persons interested in the liquidation of the Fort Wavne Avenue State Bank the principal office of which was formerly located at 844 Fort Wavne Avenue. Indianapolis, Indiana that the Department of Financial Institutions of the State of Indiana has filed with said Superior Court of Marion County Room 1 as a part of the records in the above entitled cause and has on file in the office of the Department of Financial Institutions. Room 410. State House, Indianapolis. Indiana. and at the present place of business of the said Fort Wayne Avenue State Bank. 811 Fort Wayne Avenue. Indianapolis, Indiana a complete statement of all debts and liabilities of the Fort Wayne Avenue State Bank. setting forth the name and address of each creditor the nature and amount of each creditor's claim. together with the recommendation of the Department of Financial Institutions as to allowance and disallowance of claims All of the information contained in said statement relative to the name of the creditors and the nature and amount of each respective claim. and each allowance and disallowance recommended by the Department of Financial Institutions therein contained. is based upon the books and records of the Fort Wayne Avenue State Bank or facts derived from other sources. That the undersigned hereby further notifies each and every depositor. creditor shareholder or other persons interested in the liquidation of the Fort Wayne Avenue State Bank who is asserting any claim of any nature whatsoever against the Fort Wavne Avenue State Bank. to examine said complete statement of debts and liabilities of said Fort Wavne Avenue State Bank and determine whether the allowances or disallowances recommended by the Department of Financial Institutions in respect of any such asserted claim are correct. The undersigned hereby further notifies each and every depositor creditor shareholder or other person interested in the liquidation of the Fort Wayne Avenue State Bank who may be or is dissatisfied with the recommendations of the Department of Financial Institutions as to the allowance or disallowance of any claim or claims contained in the statement of debts and liabilities filed. or who is or mav be asserting a preference or priority as to any sum or sums or claim or claims whether contained in said statement of debts and liabilities or not or who is or mav be asserting any other claim of whatever nature it may be that any opposition to the allowance or disallowance of the claims appearing in said statement of debts and liabilities. or any asserted priority as to any sum or sums or claim or claims whether contained in said statement of debts and liabilities or not. or any asserted claim not contained in said statement of debts and liabilities or of any nature whatsoever must be made. asserted or claimed by the filing of a verified petition in the above entitled cause not later than the 1st day of August. 1934, which date is more than sixty (60) days after the last date on which this notice will appear: that failure to file such verified petition within the time above fixed shall forever bar depositors creditors. shareholders or other persons interested from asserting any claim different from that recommended by the Department of Financial Institutions or from asserting any claim to priority and from contesting or opposing the allowance with or without priority, of any claim asserted by any creditor Each depositor, creditor. shareholder or other person interested in the liquidation of the Fort Wayne Avenue State Bank and the debts and liabilities thereof. is requested to call in person at the office of A C. Nobes, Special Representative. at 811 Fort Wayne Avenue for the purpose of examining the statement of debts and liabilities of the Fort Wayne Avenue State Bank. or for obtaining any explanation thereof. The undersigned hereby further notifies each and everv depositor creditor shareholder or other person interested in the liquidation of the Fort Wayne Avenue State Bank, that by virtue of the terms and provisions of the order of the Superior Court of Marion County Room 1 above referred to. the court will from time to time. after the 1st day of August 1934 enter such judgments as may be necessary to fix and determine and will order any succeeding dividends or distri-


Article from The Indianapolis Times, December 13, 1934

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Article Text

CREDITORS OF MERIDIAN-SALEM REALTY COMPANY: You and each of you are hereby notified that by order of Marion Superior Court, Room No. 3, January 15th has been fixed as the last day for filing claims with the undersigned as Receiver of MeridianSalem Realty Company on account of pre-receivership debts of said company, and the holders of all such claims are notified to file the same with the undersigned Receiver. on or before said date, on penalty of being barred from participation in any distribution of the assets of said Meridian-Salem Realty Company. SAMUEL DOWDEN, Receiver of Meridian-Salem Realty Company. 1311 Fletcher Trust Building, Indianapolis, Indiana. The Department of Financial Institutions. in the matter of the liquidation of the Fort Wayne Avenue State Bank will sell certain personal property consisting of office furniture and equipment at private sale at the office of Carl A. Ploch, Special Representative, 832 Illinois Building. Indianapolis, Indiana, on Monday, December 17, 1934, or as soon thereafter as said property can be sold. DEPARTMENT OF FINANCIAL INSTITUTIONS OF THE STATE OF INDIANA IN THE MATTER OF THE LIQUIDATION OF THE FORT WAYNE AVENUE STATE BANK. By CARL A. PLOCH, Special Representative.