5847. Indiana Banking Company (Indianapolis, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 12, 1906
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini
Short Digest
f1d14d22

Response Measures

None

Description

Articles (Jan 1906) report Receiver Stevenson of the Indiana Banking Company pursuing suit to annul a sale of First National Bank stock. Presence of a receiver indicates the bank had suspended and entered receivership (closure). No article describes a depositor run.

Events (1)

1. January 12, 1906 Receivership
Newspaper Excerpt
The fifth trial of the suit of Receiver Stevenson, of the Indiana Banking company, against John C. New and John C. Wright to annul the sale to the latter company of stock of the First National bank of Indianapolis has resulted in a verdict for the defendants.
Source
newspapers

Newspaper Articles (3)

Article from The Jasper Weekly Courier, January 12, 1906

Click image to open full size in new tab

Article Text

Defendants Win. Indianapolis.-The fifth trial of the sult of Receiver Stevenson, of the Indiana Banking company, against John C. New and John C. Wright to annul the sale to the latter company of stock of the First National bank of Indianapolis has resulted in a verdict for the defendants.


Article from The Diamond Drill, January 13, 1906

Click image to open full size in new tab

Article Text

Vice Chancellor Emery, on application of John Shields, appointed Hal. sey M. Barrett receiver for the John Shields Construction company at Trenton, N. J. The assets are given as $232,000 and the liabilities $351, 000. The appeal of the counsel for Charles L. Tucker, who was convicted nearlyea year ago of the murder of Miss Mabel Page at Weston, for a rehearing of two of the exceptions taken at the trial was denied by the MasTucker will probably be sentenced to sachusetts supreme judicial court. death during the present week. Indictments were returned by the Nashville, Tenn., grand jury against 3 number of attendants at Cumberland park, charging them with violating a provision of the Rice-Ligon law which prohibits betting on horse races in Tennessee. Several days ago horsemen arranged a race, opened a book and took wagers in order to test the race track bill. The new school law forbidding the employment of children under 14 in mills, factories and stores, which went into effect 'in Massachusetts Jan. 1, will bar from employment between 4,000 and 5,000 children. A fire which originated at the northeast corner of Fort and Fourth streets, Detroit, did $100, damages. The loss is divided between the Cowie estate, the Seely Manufacturing company and the Wolverine Leather Specialty company. Leslle Francisco, aged 20, and Charles Essick, aged 18, of Colorado Springs, Colo., confessed they had held up Frank L. Scott, a business man of Colorado Springs, and that Essick had shot and killed him, They are confined in the county jail, which is guarded heavily, as threats of lynching are being made. Henry Lane, the second victim of Officer John Howery in a fight on a Chesapeake and Ohio train because he and his brother had refused to pay 10 cents for a chair in the car, is dead at Charleston, W. Va. The steamer Queen City, from the west coast of Vancouver island, re ports that settlers at Colulet have lo cated the wreck of the bark Pass of Melfort, which drove ashore on the night of Dec. 26 near Amphitrite point and was lost with thirty-five men. The fifth trial of the suit of Receiver Stevenson of the Indiana Banking company against John C. New and John C. Wright to annul the sale te the latter company of stock of the First National Bank of Indianapolis has resulted in a verdict for the de fendants. William Murphy, 31 years of age, son of Jeremiah Murphy, wealthy pork packer, is held at St. Louis on the I charge of stabbing his friend David Leahey, who is probably mortally I wounded. Murphy claims highway men_stabbed Leahey. I Alderman Sherburne M. Becker and Francis J. Stiglbauer came to blows in the Milwaukee city hall, during an excited discussion of the budget, but were pulled apart before any great damage was done. Becker later se cured a warrant for his assailant, and the latter gave ball.


Article from Wood County Reporter, January 18, 1906

Click image to open full size in new tab

Article Text

Sparks from the Wires. A severe earthquake in the Harpoot district in eastern Turkey was reported in a cablegram received by the American Board of Commissioners for Foreign Missions in Boston. Many are said to have been made homeless and destitute and relief is asked. Manning C. Palmer was convicted of misappropriating the funds of the failed American Exchange National Bank of Syracuse, N. Y., and sentenced to five years in prison. The Importers' National Association closed its offices in New York after an existence of two years. The organization was formed to protect the trade from unjust customs exactions. Martin Green of Worcester, Mass., who had charge of the Chicago River tunnel plans, has announced his engagement to Mrs. Joseph Sampson, formerly of Chicago and now of Wareham, Mass. The Foreign Misisonary Society of the Christian Church received two Christmas gifts amounting to $16,000 for missions. The names of the men, who gave $10,000 and $6,000, are withheld. Gibson Packer, a former attorney for the Carnegie Steel Company, who was sued by Mrs. Mary L. Vetter, a Pittsburg widow, for $100,000 for breach of promise, filed a plea of no indebtedness. The new school law forbidding the employment of children under 14 in mills, factories and stores, which went into effect in Massachusetts Jan. 1, bars from employment between 4,000 and 5,000 children. Count von Moltke, nephew of the great commander of that name, will soon become field marshal of the German army. The officers of the Retail Coal Dealers' Association of Cleveland, indicted on the charge of violating the anti-trust law by conspiring to raise the price of coal, pleaded guilty and were fined $500 each. The fifth trial of the suit of Receiver Stevenson of the Indiana Banking Company against John C. New and John C. Wright to annul the sale to the latter company of stock of the First National Bank of Indianapolis, has resulted in a verdict for the defendants.