gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
138cac91a285dcf7
Response Measures
None
Description
Article names a former receiver and indictments but does not state exact suspension/closing date or whether the bank ever reopened.
Events (1)
1.April 2, 1936Receivership
Newspaper Excerpt
Indictments charging embezzlement and perjury were returned against M. M. Scott, former receiver for the Clinton Trust Co.
Source
newspapers
Newspaper Articles (2)
1.April 2, 1936The Indianapolis TimesIndianapolis, IN
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Article Text
THE INDIANAPOLIS TIMES ceiver without the approval of the court. FORMER These payments had been recorded in the receiver's reports to the court, however, and have since RECEIVER been repaid after litigation. The perjury charge resulted from alleged false testimony given by Scott in the trial of the suit calling for the reWO CRIMES fund of the alleged excess salary. Perjury charges against Mrs. Craft, secretary of the Home Loan and Savings Co., and Call, insurance Grand Jury Also agent, resulted from testimony in the same trial. Three Others Nichols was charged with changin Clinton. ing the wording on an assignment given him by Mrs. Edith Sanquenetti on the receiver of the Clinton Ind. April 2.-Four Trust Co. Clinton persons were unTrial dates have not been set.
2.April 2, 1936The Indianapolis TimesIndianapolis, IN
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Article Text
# ACCUSE FORMER
# TRUST RECEIVER
# OF TWO CRIMES
Vermilion Grand Jury Also
Indicts Three Others
in Clinton.
By United Press
CLINTON, Ind., April 2.-Four prominent Clinton persons were un-
der indictment today after investi-
gation by the Vermilion County
Grand Jury.
Indictments charging embezzlement and perjury were returned against M. M. Scott, former receiver for the Clinton Trust Co.
Other indictments alleged perjury against Mrs. Esther Nolan Craft and Harry Call, and forgery against W. B. Nichols, head of the Public Loan Co. of Clinton.
The embezzlement charge against Scott resulted from payments he had allegedly made to himself as re-
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
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Do not pass Go. Do not collect $200. Go directly to jail… or worse.
