Plymouth State Bank - Plymouth, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 17, 1930
Location: Plymouth, Indiana (41.344, -86.310)

Metadata

Model: gpt-5-mini
Short Digest: 49267623

Response Measures

None

Description

Article (Mar 19, 1930) describes receiver's petition in the receivership of the Plymouth State Bank; indicates the bank had closed and a receiver is administering trust. No mention of a depositor run; hence classified as a suspension leading to closure/receivership.

Events (2)

1. March 17, 1930 Receivership

Newspaper Excerpt: On March 17 the receiver in the Plymouth State Benk receivership, filed petition for an order of procedure in the administration of his trust, regarding the question of whether or not set-off is allowable ... The petition will be heard by the court on Friday, March 21, at 1:30
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank had closed and was placed in receivership (court/receiver action).
Newspaper Excerpt: where person owes the bank and also had on deposit funds at the time the bank closed.
Source: newspapers

Newspaper Articles (1)

1. March 19, 1930 The Culver Citizen Culver, IN

Article from The Culver Citizen, March 19, 1930

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Article Text

Preliminary Hearing By Plymouth Bank Receiver On March 17 the receiver in the Plymouth State Benk receivership, filed petition for an order of procedure in the administration of his trust, regarding the question of whether or not set-off is allowable, in case where person owes the bank and also had on deposit funds at the time the bank closed. The petition will be hard by the court on Friday, March 21, at 1:30