Mercantile Bank & Trust Company (Benton, IL)

Episode Information

Episode UID
70176571572
Episode Type
Suspension โ†’ Closure
Bank Type
trust
Bank ID
7017657 routing
Routing Number
70-1765
Start Date
December 2, 1930
Location
Benton, Illinois (37.997, -88.920)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5d8ce97858df2af7

Response Measures

None

Description

Articles state the bank is defunct and has been in receivership for years with only one dividend paid.

Events (1)

1. December 2, 1930 Receivership
Newspaper Excerpt
the defunct Mercantile Bank and Trust Company asked petition filed in Circuit Court here today. The bank has been in hands receiver for years, only one dividend paid.
Source
newspapers

Newspaper Articles (2)

Article from The Belleville News-Democrat, December 2, 1930

Click image to open full size in new tab

Article Text

for Report Benton, Dec. accounting depositors the the defunct Mercantile Bank and Trust Company asked petition filed in Circuit Court here today. The bank has been in hands receiver for years, only one dividend paid.


Article from The Belleville News-Democrat, January 6, 1931

Click image to open full size in new tab

Article Text

BANK RECEIVER SUED Benton, Jan. of the defunct Mercantile and Trust Company, which been receivership for two sought in circuit court here have order issued Jack Ohle receiver, make distribution assets.