Morrisonville State Bank (Morrisonville, IL)

Episode Information

Episode UID
70082371568
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7008237 routing
Routing Number
70-0823
Start Date
August 2, 1930
Location
Morrisonville, Illinois (39.420, -89.456)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d20664ae633bb583

Response Measures

None

Description

Receiver had been appointed and was suing directors; later actions by receiver indicate permanent failure.

Events (2)
1. August 2, 1930 Receivership
Newspaper Excerpt
TAYLORVILLE-R. F. Wahl, receiver for the Morrisonville State bank, through his attorney... filed suit Thursday in the circuit court against the directors of the bank charging them with excess loans...
Source
newspapers
2. August 26, 1930 Other
Newspaper Excerpt
Receiver Wahl of the Morrisonville State bank has dismissed the suits against two of the stockholders of this bank as they have paid their stock assessment.
Source
newspapers

Newspaper Articles (2)
1. August 2, 1930 Herald and Review Decatur, IL
Article from Herald and Review, August 2, 1930

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Article Text

Morrisonville State Bank Receiver Sues Directors TAYLORVILLE-R. F. Wahl. receiver for the Morrisonville State bank. through his attorney Leal W. Reese filed suit Thursday in the circuit court against the directors of the bank charging them with excess loans in the sum of $100,000. DIES IN SPRINGFIELD Luella Landon. a former resident of Clinton. died Friday. in her home in Springfield, of pneumonia. She was a sister of the late Mrs. H. B. Remington of Clinton. whose hubsand was formerly manager of the Blue Valley creamtry The funeral was held in Spring-

2. August 26, 1930 The Taylorville Daily Breeze Courier Taylorville, IL
Article from The Taylorville Daily Breeze Courier, August 26, 1930

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Article Text

MORRISONVILLE BANK RECEIVER DISMISSES 2 STOCKHOLDER SUITS Receiver Wahl of the Morrisonville State bank has dismissed the suits against two of the stockholders of this bank as they have paid their stock assessment. The suits were dismissed against Georgé L. Diehl and W. H. Barry.