New Haven State Bank - New Haven, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 12, 1928
Location: New Haven, Indiana (41.071, -85.014)

Metadata

Model: gpt-5-mini
Short Digest: a7527621

Response Measures

None

Description

Article (The Evansville Journal, 1928-09-12) reports the New Haven State Bank was closed after the death of its cashier, due to uncollectible loans made by the cashier; the state auditor appointed a receiver. No run is mentioned; the bank was closed and receiver named.

Events (2)

1. September 12, 1928 Receivership

Newspaper Excerpt: son, state auditor of public accounts, has appointed Ben Beiker, New Haven merchant, as receiver for the New Haven State bank, it was announced here Tuesday ... John B. Crehs ... was first named by Nelson but on petition of the stockholders, Beiker was named in his place.
Source: newspapers

2. September 12, 1928 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closure followed death of cashier Fred Davis; certain loans made by Davis could not be repaid, causing closure.
Newspaper Excerpt: The bank with capital stock of $25,000. was closed here following the death of the cashier, Fred Davis. recently. The bank was closed because certain loans made by Davis could not be repaid, the auditor said.
Source: newspapers

Newspaper Articles (1)

1. September 12, 1928 The Evansville Journal Evansville, IN

Article from The Evansville Journal, September 12, 1928

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Article Text

BEIKER NAMED INDIAN AUTHOR BANK RECEIVER WILL LECTURE To Open Mine chines and loading machines and) other modern equipment will be used. son, state auditor of public accounts. has appointed Ben Beiker, New Haven merchant. as receiver for the New Haven State bank, it was announced here Tuesday The bank with capital stock of $25,000. was closed here following the death of the cashier. Fred Davis. recently. The bank was closed because certain loans made by Davis could not be repaid. the auditor said. Davis' accounts were otherwise in perfect condition. John B. Crehs, local banker and realtor. was first named by Nelson but on petition of the stockholders, Beiker was named in his place. OAKLAND CITY, Sept. 12.-A new deep vein mine, modern throughout, Yoder-Seider One of the principal events on the will be opened by the Ayrshire Coal company. six miles north of here. The BOONVILLE Sept. 12 Harry program for book week will be leoture at the Central high school audi- coal vein will be reached by slope Selder, 1430 South Second street. of several hundred feet in length. Evansville, and Genevieve Malita tortum. November 12, by Dhangopal large force of men are now at work in Yoder of Kansas City, were married Mukerji native of India. Miss Esther McCollough, chief librarian, announced that November 11 to 17 tick will be tapped and cutting ma- Bierbaum. has been set nside as book week. Committee chairmen for the week will be appointed this month. The proceeds of the lecture will go to the library staff loan fund which is available for those seeking training in library work Mukerji, who is writer of note, having written children's stories as well as those for adults, will speak to students of the city in the afternoon. No charge will be made to the students. The vening lecture will be for the entire public. Most of Mukerji's books are on the shelves at the public library