Farmers State Bank - Young America, IN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 29, 1932
Location: Young America, Indiana (40.569, -86.347)

Metadata

Model: gpt-5-mini
Short Digest: cd145a76

Response Measures

None

Description

Article states the bank suspended business Jan. 29, 1932, placed in the hands of an agent for liquidation. No run is mentioned; suspension led to liquidation/closure.

Events (1)

1. January 29, 1932 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank suspended and was placed in hands of a liquidating agent (agent for liquidation).
Newspaper Excerpt: The bank suspended business Jan. 29, 1932, placed in the hands of an agent for liquidation.
Source: newspapers

Newspaper Articles (1)

1. May 12, 1933 The Kokomo Tribune Kokomo, IN

Article from The Kokomo Tribune, May 12, 1933

Click image to open full size in new tab

Article Text

SUIT AGAINST STOCKHOLDERS Suit to collect stock assessments of $25,000 was filed in in the sum the Casa county circuit court Thursday by Fred Byers as at torney Willam Raines others against the Farmers State Bank Young America, its liquidating agent, and thirty-six stockThe bank suspended business Jn. 29. 1932, placed in the hands of an agent for liquidation. Good Samaritan Hospital Lowell Boyd 227 Forest Drive underwent major operation Fri- 1012 South Bell Viola Yoder. street, submitted to minor operation Lillic Bennett, 1015 South Home was operated on at the avenue. Friday.