Nashville Bank - Nashville, MI

Episode Information

Episode UID: 5944577891573
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 594457789 hash
Start Date: January 1, 1931*
Location: Nashville, Michigan (42.603, -85.093)

Metadata

Model: gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 3b3f738582357848

Response Measures

None

Description

The bank closed in July 1931 and was subsequently affected by the February 1933 state banking holiday while in receivership.

Events (3)

1. January 1, 1931* Receivership

Newspaper Excerpt: the Barry Circuit Court ordered the State Treasurer to turn over $188,051 of the bank's funds for the receiver
Source: newspapers

2. July 1, 1931* Suspension

Cause Details: The article mentions the bank closed in July 1931 but does not specify the immediate cause of that initial closure.
Newspaper Excerpt: The Nashville bank closed July, 1931
Source: newspapers

3. February 14, 1933 Suspension

Cause: Government Action
Cause Details: Michigan state banking holiday
Newspaper Excerpt: The banking holiday, however, intervened in February 1933 and stopped the payment.
Source: newspapers

Newspaper Articles (1)

1. April 4, 1934 Detroit Free Press Detroit, MI

Article from Detroit Free Press, April 4, 1934

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Article Text

State Excused in Bank Ruling Supreme Court Saves General Fund LANSING. April Supreme Court the State meet obligations funds closed banks ment from the State general the receiver State against $119,007 Theodore Fry for the from State's fund. petition mandamus to compel the payment of the sum denied the Since receivership funds the general the the part the State's general jority opinion Five signed the majority Fead agreed with decision but wrote opinion and Justices other Henry Butzel signed opinion Bank Holiday Cause The Nashville bank closed July, the Barry Circuit Court State Treasurer turn $188,051 the bank funds for the receiver. The bank. ing holiday, however, February the payment. banks which the State the reopened and the paid $69,043 the amount three Barry Circuit Court directed State Treasurer pay over the The court's affects $800,000 Treasurer closed banks throughthe State The court directed the Oakland County Circuit Court make determination the West Casualty Co. surety public funds closed Pontiac Bank. high court agreed with surety should held accountable for interest charges dating from June 13, bank closed rected the Oakland Circuit termine the company notified that the bank had the the county's funds the charges computed date School Dispute Settled dispute County districts the ownership eight acres land was settled the The dispute has been between School Niles Buchanan School District ship. held the property belongs fact improved the property for some The court reiterated its recent stand constitutionality the State's mortgage moraCounty case the high the Circuit Court suit John Bertha Daugherty against Walter Sarah Reading The Jackson Court made no determination of the eviction except ute Truck Appeal Denied The Court dismissed West Michigan Transporta- appeal from order the Michigan Public Utilities the Motor Truck Transportation permit operate freight tween Kalamazoo. Harbor and Joseph. The Court pointed out the company not asked for permission appeal, necesprocedure. Court affirmed $5,000 cuit Court to Daniel against Oscar England and William Rexford connection with automobile collision in Sparta Township June, The Court affirmed Shiawassee County Circuit Court decree granting divorce Charles Stevens from Katherine. They were divorced last year.