Article Text
NAMED BANK RECEIVER former circuit clerk was appointed Tuesday by Judge F. R. Dove to serve as temporary receiver of the Edinburg State bank. Mr. Hunter will collect the stock assessments of the bank.
Edinburg State Bank (Edinburg, IL)
Episode Information
- Episode UID
70213371604- Episode Type
- Suspension → Closure
- Bank Type
- state
- Bank ID
-
7021337routing - Routing Number
70-2133- Start Date
- August 30, 1933
- Location
- Edinburg, Illinois (39.657, -89.390)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
a8d7c26a3bef3b09
Response Measures
None
Events (3)
1.
August 30, 1933
Receivership
- Newspaper Excerpt
- former circuit clerk was appointed Tuesday by Judge F. R. Dove to serve as temporary receiver of the Edinburg State bank. Mr. Hunter will collect the stock assessments of the bank.
- Source
- newspapers
2.
August 30, 1933
Suspension
- Cause
- Government Action
- Cause Details
- Judge appointed a temporary receiver, indicating closure by legal/administrative action.
- Newspaper Excerpt
- NAMED BANK RECEIVER former circuit clerk was appointed Tuesday by Judge F. R. Dove to serve as temporary receiver of the Edinburg State bank.
- Source
- newspapers
3.
December 22, 1933
Other
- Newspaper Excerpt
- payments to depositors ... the Edinburg State bank of Edinburg ... pay $400,000 to long-waiting [depositors].
- Source
- newspapers
Newspaper Articles (3)
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Article Text
CHRISTIAN CO. SANTA CLAUS IS GENEROUS Million Dollars Pour in County in Bank Dividends, Pay Rolls STORES CROWDED By Staff Correspondent. Taylorville-A generous Santa Claus, pouring nearly a million dollars into "buying power" hands in Christian county bids fair to make this coming Christmas the merriest the county has known in years. Stores have been crowded all week. More Christmas trees are in evidence than ever before. Santa Claus seems to have missed no one. Pay Out $400,000 He comes in the role of bank receivers who will soon have paid $400,000 to long-waiting in the Farmer's National bank of Taylorville, First State of Stonington. and the Edinburg State bank of Edinburg. Another dividend is expected soon by depositors of the Schuyler bank in Pana. He comes to Christian county farmers in triple form. Corn Sealer Gerald Waters already has put the government's 45 cents bushel seal on 150,000 bushels of corn. Wheat reduction checks totaling $50,000 are expected soon. The corn and hog reduction plan, now getting under way, should net more than the wheat. And Federal Farm Loan Supervisor Merle Perkins averaged $100,000 month in loans throughout November and December. He expects to double the average in January. An estimated 1,200 families on relief lists since the advent of the CWA now are receiving approximately $4,000 a month in relief funds. "Food Tastes Better" The county's 1,390 CWA work ers declare "food tastes better" with their monthly payroll averag ing Increasing employes to 1.850 to comply with NRA codes, the payroll of the Peabody Coal company averages $200,000 a month to Midland miners. Approximately 75 Christian countl CCC boys still are sending $25 month home to dependent families. Hopper Paper mill machines have been running full time for three months. Railroad call boards show gains. Farm markets remain 100 per cent improved over last year And new automobiles again gleam in front of homes instead of in show windows. Salvation Army donations have been "satisfactory." Red Cross donations "lag". but mostly because of delay by district workers. Even the county has played the role of Santa Claus, putting $1,440 into the pockets of 24 jurors for 12 days of service. And with the following figures staring them in the face, bill collectors find their hands tied by non-garnishement n m n clauses: Farm loans 3 months $ 300,000 Wheat payments 50,000 CWA monthly payroll 86,000 Poor relief, monthly 4,000 CCC 2,875 Peabody payroll 200,000 C. & I. M. railroad. 185 men 5,000 Hopper Paper company 200 workers 16,000 Sangamon Paper Co. 100 workers Corn, and Hog Reduction estimate 100,000 Four banks receivers 400,000 Total $1,171.875 as miscellaneous items are hundreds of small cream and milk checks. store and garage payrolls, and normal market turnovers. Santa Claus is here this year. Governmental funds totaling $450,000 have or will flow into the Christian county farmers' pocket. CWA, CCC and poor relief agencies give the unemployed $92,875 month. PLAN CHRISTMAS PROGRAM Harristown-A Christmas program and tree will be held in the Harristown schools Friday night.
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Article Text
Fine Christmas Seen in Shelby Improved Business, CWA Payrolls, Other Factors Cited in Survey Staff Correspondent Shelbyville-A merrier Christmas than has been seen here in the last several years is predicted this season as result of improved conditions. The largest CWA payroll yet, $10,350. will be paid out to Shelby county workers this week, according to Miss Helen Fulford. CWA administrator. The county's full quota of 672 men has been at work all week. Counting the men now employed as having average sized families there will be more than 3,300 people benefitting from the CWA pay checks this week, most of whom probably had less in Christmas-way last year than they will this Merchants Help. In addition to the CWA pay checks and relief orders which are to be Issued, merchants of Shelby county have decided to give five cents for every member of the family on all relief orders this week. The announcement was made by Carl Smith. Windsor, secretary. and John Ruff. Shelbyville, chairman of the county merchants' committee. Between 50 and 75 Christmas baskets will be given out by the Red Cross according to Mary Roberts manager of the local station. J. C. Stice is county chairman of the Red Cross. Some churches are donating baskets through the Red Cross and other churches plan their own distribt tion. adding to the total number of baskets. Business Increased. A survey of practically all local businesses, m by The Herald and Review staff correspondent. rerealed that most of the retail merchants had slight increase of trade over their business just before Christmas last year. In addition to sales of Christmas merchandise clothing stores were selling some to CWA workers. many of whom became customers recently for the first time in more than year. All merchants were of the opinion that business would probably show an Increase in the following months. since farmers would have more to spend gained from their corn loans and additional CWA money would be in circulation. A good Christmas dinner was assured at the jail. according to Sheriff A. D. Herten. who will eat his Christmas dinner with his prisoners. Banished from his own household for six weeks while the family is quarantined with scarlet fever Sheriff Herten has taken quarters in the jail, and will cat his Christmas dinner there. Million Goes Into Christian County Taylorville- Buying power of Christian county residents will be increased by nearly million dollars within the near future. survey indicates. The money is being paid to depositors of closed banks. CWA workers and merchants through increased spending. For these and other reasons many persons in this community will have proof that "there is Santa Claus. He comes in the role of bank who will soon have paid $400,000 to depositors in the Farm- er's National bank of Taylorville, First State of Stonington, and the Edinburg State bank of Edinburg. Another dividend is expected soon by depositors of the Schuyler bank in Pana. He comes to Christian county farmers in triple form. Corn Sealer Gerald Waters already has put the government's 45 cents a bushel seal on 150,000 bushels of corn. Wheat reduction checks totaling $50,000 are expected soon. The corn and hog reduction plan, getting under way, should net more than the wheat. And Federal Farm Loan Supervisor Merle Perkins averaged $100,000 month in loans throughout November and December. He expects to double the erage in January An estimated 1,200 families on relief lists since the advent of the CWA now are receiving approximately $4,000 a month in relief funds. "Food Tastes Better." The county's 1,390 CWA workers declare "food tastes better" with their monthly payroll averaging $86,000. Increasing employes to 1,850 to comply with NRA codes, the payroll of the Peabody Coal company averages $200,000 a month to Midland Approximately 75 Christian county CCC boys still are sending $25 month home to dependent families. Hopper Paper mill machines have been running full time for three months. Railroad call boards show gains. Farm markets remain 100 per cent improved over last year. Even the county has played the role of Santa Claus, putting $1,440 into the pockets of 24 jurors for 12 days of service. d as miscellaneous items are hundreds of small cream and milk checks, store and garage payrolls, and normal market turnSanta Claus is here this year Governmental funds totaling $450.000 have or will flow into the Christian county farmers' pocket. CWA, CCC and poor relief agencies give the unemployed $92,875 month.