5871. Indianapolis Savings Bank (Indianapolis, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
November 4, 1892
Location
Indianapolis, Indiana (39.768, -86.158)

Metadata

Model
gpt-5-mini
Short Digest
68db40fe

Response Measures

None

Description

Articles from Nov–Dec 1892 refer to John W. Ray as receiver of the Indianapolis Savings Bank, discussing proving claims, dividends and filing reports. There is no mention of a depositor run. The bank is in receivership (government action) and is distributing assets — indicating it remained closed and under a receiver rather than operating. OCR errors in Article 2 (garbled text) were present but did not affect core facts.

Events (4)

1. November 4, 1892 Receivership
Newspaper Excerpt
John W. Ray, receiver of the Indianapolis Savings Bank, yesterday petitioned the court for an extension of time for the proving of claims by depositors. The petition was granted and the time extended to Nov. 15, which will be the last day upon which claims may be proven.
Source
newspapers
2. November 4, 1892 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership and payments suspended; receiver handling proving of claims and distribution of dividends.
Newspaper Excerpt
W. RAY, receiver of the Indianapolis Savings bank. which went to er in 1878, filed a final report the the day. The report shows that othdividends, a total of sixty-five per cent., uted. that $14,272.46 remains to be distrib.
Source
newspapers
3. November 27, 1892 Other
Newspaper Excerpt
Date of Paying Dividends. John W. Ray, as receiver for the Indianapolis Savings Bank, filed his petition before Judge Bartholomew yesterday...the last dividend will be paid on and after Dec. 20.
Source
newspapers
4. December 28, 1892 Other
Newspaper Excerpt
William A. Ketcham has begun suit against ... John W. Ray, receiver of the Indianapolis Savings Bank, to recover $3,500 alleged to be due on a judgment rendered in 1879 in favor of the bank... The judgment was purchased by Ketcham from the receiver during the month of November of the present year.
Source
newspapers

Newspaper Articles (4)

Article from The Indianapolis Journal, November 4, 1892

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Article Text

Savings Bank Claims. John W. Ray, receiver of the Indianapolis Savings Bank, yesterday petitioned the court for an extension of time for the proving of claims by depositors. The petition was granted and the time extended to Nov. 15. which will be the last day upon which claims may be proven.


Article from The Jasper Weekly Courier, November 4, 1892

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Article Text

INDIANA STATE NEWS. ( BENTON, the Huntington burglar, who was tried in the Wabash circuit the court, was penitentiary. sentenced to two years in ARTHUR PALMER, aged seventeen. the Russiaville lad who has already shot officer, and has a penchant for horse- an 1. uo 112 11" us si new charge of the same nature. WM. Spocy, of Benton county, his way to Huntington county, on stopped at his Kokomo and discovered the family off of brother, whom he had not seen war. sixty years, nor heard from since in the WAKARUSO celebrated the extension of an OX. the Wabash railway by roasting DIPHTHERIA in an epidemic form is about raging at Columbus There are two 50 cases, a total during the now last deaths. months of over 100 cases, with 30 ASABEL THORNBURG died at Muncie, of the other day, aged lacking one month being 100 years old. FT. theria. WAYNE is finally free from diphLINS V court to theCrawfordsvillecircult John peculiar It is alleged a that Baldwin Hutchinson paid $900 to and to keep of the Jack penitentiary, now he wants his money back. ville. THE Society of Friends, of Noblesother dedicated their new church preached day, the dedicatory sermon the flow by Esther Frame. An being the meeting was held in a tent overchurch. where sermons near and preached. The new church is of brick were stone, with cathedral windows of special design, some of which seems memorial windows, This denomination are in this to be country. among the most progressive IDA REEDER. a school girl. was run over and killed by a train at Elkhart. BURGLARS got $1,100 from the in B. JOHN McGlaughlin's store at bank Lebanon. W. RAY. receiver of the Indianwall apolis Savings bank. which went to er in 1878, filed a final report the the day. The report shows that othdividends, a total of sixty-five per five I and aggregating $145,909.17. have been cent., uted. that $14,272. 46 remains to paid. bedistrib. a 500 for his The services. receiver was allowed $7,AT Plainsville, Will Allison shot 8 BAIV Pupinp Sunp one through SWE!!!!!! u political rally. JAMES HacKeTT, while out hunting a near Bedford, was accidentally shot by young man named Bowen. He died. MYRON THACKER, of Bourbon, two climbing a tree after a coon, fell while 1 collar feet, breaking both legs and fifty. bone. He also injured his himself " His internally, and was picked up senseless. S recovery is doubtful. WHEAT swindlers are operating in S. the vicinity of Valparaiso. THE will of the late Hon. James in a A Rice is to be contested at H. Indianapolis. GAMBLING den in the third a the and post office at Princeton. was story raided. of nearly 100 arrests made. u Two desperate convicts escaped other day from the Southern the They were James Daily, a prison. "seven-year" -1 murderer. and Wm. McCarthy, a year prisoner. During the day the fourp first managed to elude the guards, and men A missed at roll-call in the were BE close watch is being kept, and evening. JO will prison authorities think the the prisoners be captured near the prison. uc REV. DOMINIE SHUNK, the parish u. of Wanataw, has fallen heir to priest his tate valued at $200,000 by the an esfather, Win. Shunk, of Bucyrus. death of for aged 100 years. This family is O. its longevity, two of its noted -s! 106 having reached the ripe age of 99 and members respectively. A) Zu AT Lebanon burglars secured es. ued hauled away in a wagon clothing and [ea Я T more 001'1$ 18 è " I store. missing. Three valuable horses are also lly se DAVID GIBBONS. a prosperous so, of that Porter county, was led to farmer a large fortune was at his believe 81 100 of mand, the legacy of the Gibbons com with England He invested his family a firm of English barristers, saving lohe for promised faithful service in who him the coveted millions One securing 2 por mittance followed another until re B farmer's suspicions were aroused, th an the investigation was instituted an An result of exposing an with immens -the -00 of swindling scheme, with Gibbons as on the principal mourners. -u. THE schools of Columbia City hav been closed, owing to diphtheria. Su he PEARL GIBSON, the fourteen-year-ol girl who created a sensation at 400 Joj bus by eloping with M. W. Scott, Colum th -u to other night, and who was brought other her home, was taken into court bac Bu morning by her parents, and th tenced by Judge Hacker to six ser 110 S the reformatory for girls at years India on BOB HEMINGRAY, the veteran -as at man, of Muncie, had a dog that gla -uI bones the ripe old age of 20. The die canine are being cleaned. and the and crushed up with soda ash, will limestor -su sulphur. The result will be 19 which will be made into glas


Article from The Indianapolis Journal, November 27, 1892

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Article Text

Date of Paying Dividends. John W. Ray, as receiver for the Indianapolis Savings Bank, filed his petition before Judge Bartholomew yesterday, asking for instructions as to the distribution of funds. The time for proving claims expired Nov. 15, and the last dividend will be paid on and after Dec. 20.


Article from The Indianapolis Journal, December 28, 1892

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Article Text

Suing on a Purchased Judgment, William A. Ketcham has begun suit against T. A. H. Johnson, Moses R. Barnard, Eugene F. Barnard and John W. Ray, receiver of the Indianapolis Savings Bank, to recover $3,500 alleged to be due on a judgment rendered in 1879 in favor of the bank against the defendants. The judgment was purchased by Ketcham from the receiver during the month of November of the present year.