Vincennes State Bank - Vincennes, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 11, 1922
Location: Vincennes, Indiana (38.677, -87.529)

Metadata

Model: gpt-5-mini
Short Digest: 4ef75103

Response Measures

None

Description

Article (Indiana Daily Times, 1922-05-11) reports a suit filed by Ralph Mossman, receiver for the Vincennes State Bank, following discovery of a shortage by former cashier. No mention of a depositor run or prior temporary suspension; receiver in place indicates the bank failed/was closed and placed in receivership due to bank-specific adverse information (shortage/embezzlement).

Events (1)

1. May 11, 1922 Receivership

Newspaper Excerpt: Suit for $40,000 has been filed by Ralph Mossman, receiver for the Vincennes State Bank, against the American Surety Company, bondsmen for Charles S. Nossett, former cashier. It is alleged ... following the discovery of the shortage ... the company failed to pay.
Source: newspapers

Newspaper Articles (1)

1. May 11, 1922 Indiana Daily Times Indianapolis, IN

Article from Indiana Daily Times, May 11, 1922

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Article Text

Suit Filed for $40,000 on Bond VINCENNES, Ind., May 11.-Suit for $40,000 has been filed by Ralph Mossman, receiver for the Vincennes State Bank, against the American Surety Company, bondsmen for Charles S. Nossett, former cashier. It is alleged Claude Gregg, president of the bank, made a demand, following the discovery of the shortage, but the company failed to pay.