gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5312fa6a7981f844
Response Measures
None
Description
Articles show a court-appointed receiver handling bank affairs but do not describe the suspension/run that preceded receivership.
Events (3)
1.June 21, 1934Other
Newspaper Excerpt
Receiver William O'Connell of the Kewanee State Savings Bank and company was relieved trusteeships; O'Connell asked to resign and be permitted to present his final reports.
Source
newspapers
2.June 22, 1934Other
Newspaper Excerpt
Receiver William L. O'Connell of the Kewanee State Savings Bank & Trust company was relieved of two trusteeships by Judge L. E. Telleen; O'Connell asked to resign and present his final reports.
Source
newspapers
3.June 22, 1934Receivership
Newspaper Excerpt
Receiver William L. O'Connell of the Kewanee State Savings Bank & Trust company was relieved of two trusteeships by Judge L. E. Telleen.
Source
newspapers
Newspaper Articles (2)
1.June 21, 1934The Rock Island ArgusRock Island, IL
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Article Text
New Trustees to Succeed Bank Receiver
(Special to The June William O'Conell of the wanee State Savings Bank and company was relieved trusteeships Judge Leonard Telleen the Henry county circuit court. asked resign and be permitted present his reports. nection the estate of Charles Barney the court appointed and he furnished bonds off for the estate of David Stewart, Judge Telleen appointed Harold Fisher, bond The approved the reports the bank trustee.
2.June 22, 1934The Daily TimesDavenport, IA
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Article Text
Relieve Kewanee Bank Receiver of Two Trusteeships
CAMBRIDGE, Ill., June 22. (Special) Receiver William L. O'Connell of the Kewanee State Savings Bank & Trust company was of two trusteeships by Judge L. E. Telleen. O'Connell asked to resign and be permitted to present his final reports in the matter. The first was the estate of Charles Asa Barney where R. Taylor was appointed as the trustee and furnished bonds of $15,000. The second was in the estate of David B. Stewart where Harold Fisher was appointed trustee and bond of $3,000 was furnished. The court approved the final reports of the former trustee.
Believed to have once belonged to a galley of the old naval republic of Pisa, a 12-foot anchor was found recently off the coast of Italy near Leghorn.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
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Kewanee State Savings Bank & Trust Company · UID 70024671614