Hamilton Trust Company - Noblesville, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: trust company
Start Date: November 27, 1922
Location: Noblesville, Indiana (40.046, -86.009)

Metadata

Model: gpt-5-mini
Short Digest: 85c117b4

Response Measures

None

Description

Article states the Farmers' Bank of Chicago was declared insolvent. No run on this bank is described in the article; the insolvency is reported as causing runs at other banks. Date taken from article publication (Nov 27, 1922).

Events (1)

1. November 27, 1922 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Declared insolvent (bank failure/insolvency reported).
Newspaper Excerpt: The bank failed when a run was made on it at the time the Farmers' Bank of Chicago and the Hamilton County Trust Company were declared insolvent.
Source: newspapers

Newspaper Articles (1)

1. November 27, 1922 The Indianapolis Times Indianapolis, IN

Article from The Indianapolis Times, November 27, 1922

Click image to open full size in new tab

Article Text

ARCADIA BANK PAYS 93 CENTS ON THE DOLLAR B Times Special NOBLESVILLE, Ind., Nov. 27.Creditors of the defunct People's State Bank of Arcadia will receive a further dividend of eleven. cents, according to the final report of Guy Booth, receiver, made to Judge Fred Hines in the Hamilton Circuit Court. This makes the final dividend of the bank ninety-three cents on the dollar. The bank failed when a run was made on it at the time the Farmers' Bank of Chicago and the Hamilton County Trust Company were declared insolvent.