6340. Uniondale State Bank (Uniondale, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 22, 1933
Location
Uniondale, Indiana (40.831, -85.242)

Metadata

Model
gpt-5-mini
Short Digest
9dda1d96

Response Measures

None

Description

Articles (Nov 22, 1933 and Jun 23, 1934) indicate Uniondale State Bank had been closed and a receivership established; no mention of depositor run. OCR errors in Article 1 fragmented text; interpretation: bank closed and placed in receivership prior to or by Nov 22, 1933. Article 2 (1934-06-23) reports the receiver Roy Mossburg resigned. Classified as suspension_closure because the bank was closed and placed in receivership (permanent closure).

Events (2)
1. November 22, 1933 Suspension
Cause Details
Article states the bank 'had been closed' and a receivership established; no specific cause (e.g., run or insolvency details) is given.
Newspaper Excerpt
Lamm today filed current Uniondale, the bank to fail Uniondale, private institution that was organized after Uniondale State Bank had been closed his report Lamm that he was charged with totaling Since that report filed two separate receiverships established for the two banks and Lamm's report shows that receiver for Uniondale State Bank assets which along totaled chargeable Lamm as receiver for the Bank of Uniondale assets totaling and farm acres.
Source
newspapers
2. June 23, 1934 Receivership
Newspaper Excerpt
Roy Mossburg, Liberty Center, has resigned as receiver for the Uniondale State Bank, according to announcement made following his appearance in the Wells Circuit Court. Mossburg resigned as receiver in order that he might move his family to Kokomo, where he has accepted a position in the accounting department of the Indiana Farm Bureau. He will have the north part of the state as his territory ... Bank Receiver Resigns. Roy Mossburg, Liberty Center, has resigned as receiver for the Uniondale State Bank, according to announcement made following his appearance in the Wells Circuit Court. Mossburg resigned as receiver in order that he might move his family to Kokomo, where he has accepted a position in the accounting department of the Indiana Farm Bureau. He will have the north part of the state as his territory ... Miss Ida Thomas ... case against the stockholders of the defunct Wells County Bank ... Judge Tharles Ryan, Fort Wayne, is special judge the case. Bank Receiver Resigns. Roy Mossburg, Liberty Center, has resigned as receiver for the Uniondale State Bank, according to announcement made following his appearance in the Wells Circuit Court. (Metadata: Bluffton, Ind., June 23.) Even though Article 2 is mostly administrative, it confirms existence of a receivership and the receiver's resignation on 1934-06-23 (newspaper date).
Source
newspapers

Newspaper Articles (2)
1. November 22, 1933 The Star Press Muncie, IN
Article from The Star Press, November 22, 1933

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Article Text

NEW TRIAL PLEA IN SUIT DROPPED Damages Awarded at Bluffton to Be Paid. Bluffton, Ind., Nov. defendant today withdrew motion for new trial the damage of Ronald Floyd Shady, 10, by his father, Oscar T. Shady, as next friend, against the City of Fort Wayne, in which jury in the Wells Circuit Court here returned verdict few weeks ago the plaintiff damages in the sum of $10,000. It was reported here in connection with the dismissal of the motion for new be made the of the jury's The damages in the sum of and was based burns received by the Shady boy when he came trical defendant company at sub-station in Fort Wayne. Put 240 Men to Work. Forrest M. Woodward. acting chairman of the Wells County unemployment relief commission, reported today men put work past two days on public works and county, to 175 that had been employed on state roads. The additional put to work on city county ditches There will be added 175 the force on road and 154 county city projects The city council today plans construct an eight inch water main from Wiley Lancaster street. of 4,500 feet..as an additional city project to furnish emSamuel Warner. 81 is opposing appointment guardian look aftestate an action trial here before Judge and jury in Circuit appointment of asked in petition filed by Albert Warner and Estalla May Bond, and grounds leged account his age and infirimities defendant incapable of managing estate. Wife Is Granted Divorce. Mrs. Christy May Garrett granted divorce from Harold E. Garrett Circuit Court here today, her former name of Christy May Welsh restored. defendant defaulted appearance and the defense mitted Prosecuting Attorney George Glass. W Hess, of this city escaped injury this morning when his automoskidded went into ditch near Ossian. The front the car nosed into the ditch and rear then swung round field. The machine damaged considerably. Files Report. Lamm today filed current Uniondale, the bank to fail Uniondale, private institution that was organized after Uniondale State Bank had been closed his report Lamm that he was charged with totaling Since that report filed two separate receiv erships established for the two banks and Lamm's report shows that ceiver for Uniondale State Bank assets which along totaled chargeable Lamm as receiver for the Bank of Uniondale assets totaling and farm acres. Chief of Plessinger day the James, and Miss Olive Van Meter. Okla The young couple will reside in that city where the groom is employed with jewelry

2. June 24, 1934 The Star Press Muncie, IN
Article from The Star Press, June 24, 1934

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Article Text

APPROVES TAX DISTRIBUTION State Auditor Checks Wells County Settlements. Bluffton, Ind., June 23.-The state auditor has notified County Auditor Paul Scott of approval given to the settlement sheet for Wells County on the spring collection of taxes. The settlement sheet as approved by the state auditor shows that taxes totaling $269,227.70 were collected in this county, and this amount was distributed to the various taxing units as follows: Jackson Township, 19; Center, $12,746.60; Liberty, $10,836.8 Nottingham, $14,348; Rockcreek, $8,898.65: Union, $12,331.98; Jefferson, $16,549 05: Lancaster, $18,444.4 Harrison, $9,576.17. The Bluffton schools received $25,825 70 and the civil city received $16,978.75. Small towns in the county received the following amounts: Poneto, $216.71: Unionsian. $2,209.44 and Vera Cruz, $13.20 Lodge to Be Installed. Next Wednesday evening. June 27, the new Knights of Pythias lodge will be instituted at Uniondale with at least fifty-seven members. Grand Chancellor Commander Harry Sullivan, Vevay; Grand Keeper of Records and Seals Carl R. Mitchell, Indianapolis, and Grand Master at Arms Harvey Walter, Montpelier, will be in charge of ceremonies Lodges to be represented at the meeting are Bluffton, Pennville, Geneva, Monroeville, Decatur, Fort Wayne, Markle, Huntington, Marion, Warren, Roll, Tocsin and County Agent M. S. Smith has received word that a representa of the federal government will be here Tuesday to inspect hog contracts signed by Wells County farmers. Bank Receiver Resigns. Roy Mossburg, Liberty Center. has resigned as receiver for the Uniondale State Bank, according to announcement made following his appearance in the Wells Circuit Court. Mossburg resigned as receiver in order that he might move his family to Kokomo, where he has accepted a position in the accounting department of the Indiana Farm Bureau. He will have the north part of the state as his territory Miss Ida Thomas. retired city school teacher, has filed suit in Circuit Court here against the Hoosier Condenser Milk Company to have the court set aside a judgment taken against her in the sum of $200. The case grows out of the defendant's suit against stockholders of the defunct Wells County Bank. Miss Thomas in her complaint recites that the case against the stockholders was filed May 9, 1929, and that default by her was entered of record as of May 26, 1932. She avers that despite the default, the effect of which was not apparent to her at the time, she has meritorious defense, and she asks that judgment be set aside, that she may submit her defense. Judge Tharles Ryan. Fort Wayne, is special judge the case.