Old State Bank - Owensville, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 8, 1932
Location: Owensville, Indiana (38.272, -87.688)

Metadata

Model: gpt-5-mini
Short Digest: b5cf45d5

Response Measures

None

Description

Article (Feb 8, 1932) reports that an application for a bank receiver has been filed and that F. M. E. Knowles (OCR shows 'For man E. Knowles' — corrected) was named receiver. No run or explicit suspension is described in the excerpt, but the bank is being placed in receivership (permanent closure), so classified as suspension_closure.

Events (1)

1. February 8, 1932 Receivership

Newspaper Excerpt: Another application for a bank receiver has been filed ... This action is supplementary to a suit filed some time ago in which a receiver was asked for the Owensville State bank and Old State bank. F. M. E. Knowles was named receiver.
Source: newspapers

Newspaper Articles (1)

1. February 8, 1932 Princeton Daily Clarion Princeton, IN

Article from Princeton Daily Clarion, February 8, 1932

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Article Text

FIRST STATE BANK RECEIVER ASKED Another application for a bank receiver has been filed in circuit court. The title of the application is state commissioner of Indiana. against the First State bank of Owensville. A hearing is set for February 19 in the circuit courtroom. This action is supplementary to a suit filed some time ago in which a receiver was asked for the Owensville State bank and Old State bank. For man E. Knowles was named receiver. The Owensville State bank was the result of merger of two banks, the Old State and the First State banks.