6024. First National Bank (Lewisville, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
5526
Charter Number
5526
Start Date
August 17, 1933
Location
Lewisville, Indiana (39.807, -85.352)

Metadata

Model
gpt-5-mini
Short Digest
d404810d

Response Measures

None

Receivership Details

Depositor recovery rate
54.4%
Date receivership started
1932-10-08
Date receivership terminated
1938-02-18
Share of assets assessed as good
46.9%
Share of assets assessed as doubtful
39.3%
Share of assets assessed as worthless
13.8%

Description

Articles (Aug 1933) report the First National Bank at Lewisville as defunct and a receiver (Robert Hartman) is handling claims for bonds left for safekeeping. No run or reopening is mentioned; the bank appears closed with a receiver, so classify as suspension_closure.

Events (4)

1. August 2, 1900 Chartered
Source
historical_nic
2. October 8, 1932 Receivership
Source
historical_nic
3. August 17, 1933 Receivership
Newspaper Excerpt
suits were filed in Henry Circuit Court today by Althea Hall and Lutitia Hall against Robert Hartman, receiver for the First National Bank at Lewisville. ... the defunct bank
Source
newspapers
4. August 28, 1933 Other
Newspaper Excerpt
Sues Bank Receiver. Anstella Strattan has filed suit in Henry Circuit Court asking that she be given preferred claim for against the receiver for the First National bank at Lewisville.
Source
newspapers

Newspaper Articles (2)

Article from The Star Press, August 17, 1933

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Article Text

BANK RECEIVER SUED FOR $3,200 Move to Secure Bonds in Lewisville Institution. Newcastle, Ind., Aug. suits were filed in Henry Circuit Court today by Althea Hall and Lutitia Hall against Robert Hartman, receiver for the First National Bank at Lewisville. The suits may determine the liability of the defunct bank for bonds left for safe keeping with the former cashier, Hawley Hall. Following the disappearof Hall some in bonds were missing from the bank, it leged. In the suit of Althea Hall, the plaintiff alleges that through the cashier, Hawley Hall, she purchased of Fourth Liberty loan bonds February 6, 1923. She paid the bank for these. The bonds were left at the bank for safe keepand when the interest became Mr. Hall cashed the interest coupons, depositing same to her account She alleges in her complaint that the bank was not authorized to sell these but that the bonds were sold by the cashier and the cash was turned into the bank's funds She asks for the sum of $2,200 and petitions the court to declare her preferred creditor. In the other suit, filed by Lutitia Hall, the plaintiff alleges that the cashier, Hawley Hall, purchased Fourth Liberty loan bond for her July, 1925. This bond was and was left at the bank for safe keeping. She alleges that the bond was sold and the money placed in the funds of the bank. She also petitions court that this be preferred claim. Mrs. May Holtsclaw Dies. Mrs. May Holtsclaw 54, widow John Holtsclaw, former auditor Henry County died at o'clock her home, 1216 Thornburg street, night She survived by one Mrs. Jones, Newcastle; five brothers, Ray Nicholson of Elwood. Verlin Nicholson of Richmond. Nicholson of Whittier, Cal., and George and Frank Nicholson of near Newcastle. Funeral servwill be conducted at o'clock Thursday afternoon the First Christian Church. Burial will be in Southmound Cemetery Allison Fox, 72. died this morning at his home at the corner of Broad and streets. survived by daughter, Mrs. Josie Raff, New Lisbon. and son, Orville Raff, of this city. brother, Charles Fox, resides in Muncie. Funeral services will be conducted Friday afternoon the Church of God. Albert Byrne, of Middletown, sumed the superintendency of the schools of Henry County today. Mr. Byrne was elected to this office earlier in the summer. He succeeds Jesse H Eilar, who served as superintendent of schools of the county for seven years. Mr. Byrne has been connected with the schools of Henry County for nine years, teaching the Middletown schools four years high school instructor and five years superintendent. He native of Spencer County, and served teachin the rural schools of that and Bartholomew counties before coming this section. He also taught Delaware County before coming Middletown. He attended the annual outing of township trustees and their families at Memorial Park today. 4-H Club Fair Opened. The Henry County 4-H Club Fair held at Memorial Park, opened with one of the largest attendances since the first fair three years ago The exhibits this year also are gratifying to the both in point excellence and in number. In the home department, exhibits by club girls have been awarded first, second and third places. In the boys' club department, exhibits of cattle, pigs, colts and ponies have been entered. dress revue featured the program tonight. These dresses were exhibits of the home economics partment. Another entertainment will given tomorrow night. Dairy and beef cattle were being judged this afternoon. Henry County will receive $6,949.20 in the first distribution of taxes derived from the first five months' operation of the new intangibles tax law, announced by the state board of tax commissioners today It said 25 per cent of this will go into fund and the remaining 75 per cent will be given to the various school units.


Article from The Star Press, August 28, 1933

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Article Text

NEWCASTLE TEACHER GREENCASTLE BRIDE Miss Frances Bryan Weds Indianapolis Chemist. Newcastle, Ind., Aug. Frances Margaret Bryan, daughter of Mrs. Dessie Bryan, of Greencastle and George Meredith Poole, son of Mr. and Mrs. M. M. Poole. of Indianapolis. were united in marriage the Gabon Memorial E. Church in Greencastle Saturday The Rev. Dr. Gough, head of the public speaking of DePauw University, the Mrs. Poole been in the Newcastle city schools for several years. She graduate of DePauw University and member of Alpha Omicron Pi sorority Mr. Poole graduate of Purdue and member the Phi Kappa Psi fraternity He the Ingersoll Steel and Disc company. Sues Bank Receiver. Anstella Strattan has filed suit in Henry Circuit Court asking that she be given preferred claim for against the receiver for the First National bank at Lewisville. The plaintiff claims the amount due for bonds left at the bank for safekeeping She claims that on May 15, 1931 the bank of the bonds belonging her and placed the money to her account. This was done at her request. The remaining five bonds. however. sold without her knowledge and money placed with other money at the bank. She points out that she has demanded the money of receiver and has been refused brings the suit establish her right to preferred claim. Mr. and Mrs. Wilbur Cole, of Plum street, the parents of daughter. Robert Hunter, Robert Hunter. died Saturday Ste the South Mound Cemetery.