gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
44323b375b8ed8e7
Response Measures
None
Description
Receivership was contested in court before ultimately proceeding; closure followed panic from multiple local bank failures.
Events (3)
1.February 14, 1929Run
Cause
Local Banks
Cause Details
Withdrawals triggered by panic from multiple Wells County bank failures and a $50,000 run at Bluffton's Union Savings & Trust.
Measures
Directors decided not to open for business (suspended operations); invoked statutory 60-day reorganization period.
Newspaper Excerpt
an $18,000 run yesterday
Source
newspapers
2.February 14, 1929Suspension
Cause
Local Banks
Cause Details
Bank directors suspended operations as a precaution after runs and county-wide banking panic.
Newspaper Excerpt
the Farmers' Deposit bank of Montpelier failed to open for business
Source
newspapers
3.March 6, 1929Receivership
Newspaper Excerpt
On application of the state banking department, T. C. Peterson, Montpelier lawyer, was appointed receiver for the bank
Source
newspapers
Newspaper Articles (25)
1.February 14, 1929The MessengerMadisonville, KY
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BANKS CRASH AFTER RUNS TAKE FUNDS
Six Indiana Institutions Topple and Receivers Are Sought.
BLUFFTON, Ind., Feb. Union Savings Trust Company, the only remaining bank in Bluffton, closed this morning after $500,000 run yesterday. The Farmers Deposit Bank of Montpelier closed due, was said here, to $500,000 run yesterday. Four banks Wells county closed yesterday. President Fred of Tangeman, the Union Savings Trust Company, said his bank was solvent, and he hoped to reopen the institution after the usual sixty days for reorganization.
Insolvent, Claim. Following the closing of four Wells county banks yesterday, Luther Symons, state bank commissioner, appeared in circuit court with two petitions asking that receivers be appointed for the Wells County State bank, of Bluffton, and the State Bank of Uniondale, two of the institutions that closed. The bank of Petroleum and the Liberty State bank also suspended operations. The petitions set out that examinations by the banking department the Well County State bank of Uniondale failing and insolvent Judge W. Hamilton set February 21 as the date for hearings on the petitions. The Wells bank County was capitalized at $100,000 and showdeposits of $1,250,000. The Union Savings and Trust company now is the only bank in Bluffton. The Studebaker bank failed in 1927, with deposits of $1,500,000. Receivers as yet have made no payments on deposits.
2.February 14, 1929The Indianapolis TimesIndianapolis, IN
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TWO ADDED TO CLOSED BANK LIST IN STATE Includes Another Bluffton Institution and One at Montpelier. TOTAL STANDS AT SIX Receivership Plea of Examiners to Be Heard Feb. 21. By Times Special BLUFFTON, Ind., Feb. 14.-The number of banks closed as the result of the failure Wednesday of the Wells County State bank of Bluffton was increased to five today when the Union Savings and Trust Company of Bluffton and the Farmers' Deposit bank of Montpelier failed to open for business. Both were closed as a precautionary measure by their directors after runs, induced by the three previous bank failures, mounted to large figures. $68,000 Withdrawn A run of $50,000 was made on the Union institution Wednesday, according to Fred J. Pangeman, president, while Guy Bracken, president of the Montpelier bank, reported withdrawals of $18,000. Both officials reported that their institutions were solvent, but said that after a conference with Thomas D. Barr, assistant state bank commissioner, they decided it would be unwise to open in view of the attitude of the public. The state banking department has taken charge of all five institutions. Receivers Asked Hearings on petitions asking appointment of receivers for two of the five banks have been set here for Feb. 21, by Circuit Judge A. W. Hamilton. Receivers are asked for the Wells County State bank of Uniondale. The others closed Wednesday are the Bank of Petroleum and the Liberty Center State bank. Investigation of the banks is being made by seven state examiners, assigned by Luther F. Symons, state bank commissioner and working under direction of Barr. Symons said he was unable as yet to say whether deposits of $1,250,000 in the bank at Bluffton are safe. He indicated there is a possibility that the bank may be reorganized.
3.February 14, 1929Evening StarWashington, DC
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$50,000 RUN CAUSES BANK TO CLOSE DOORS Bluffton, Ind., Officers Hope to Effect Reorganization Within Sixty Days. By the Associated Press. BLUFFTON, Ind., February 14.-The Union Savings & Trust Co., the only remaining bank in Bluffton, closed its doors this morning after a $50,000 run yesterday. The Farmers' Deposit Bank of Montpelier, on the Wells-Blackford County line, with deposits of $500,000, also closed this morning, due, it was said, to an $18,000 run yesterday. Four banks in Wells County closed yesterday. Fred J. Tangeman, president of the Union Savings & Trust Co., and Thomas Barr, State bank examiner, said the bank was solvent. Officers said they expected to take advantage of the 60 days permitted by law to effect a reorganization and then hoped to reopen. The bank had deposits of approximately $800,000. Yesterday the Wells County Bank, with deposits of $1,250,000, was closed. A few hours later the State Bank of Uniondale closed. Petitions were filed in Circuit Court here asking for receivers for both institutions, alleging they were "in a failing and insolvent condition." The Bank of Petroleum and the Liberty Center State Bank also closed yesterday. The three smaller banks cleared through the Wells County bank.
4.February 14, 1929Palladium-ItemRichmond, IN
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BANK AT BLUFFTON CLOSES RUN OF
Feb. Union and only bank in Bluffton. closed its morn ing yesterday. Farmers' Deposit bank Montepelier, the county line, closed morn said to Four banks in county closed yesterday. Fred Tangeman, president of the Union Savings and Trust comThomas Barr, state bank examiner, said closing was to the run on the bank that entirely solvent. Officers and directors they expected to take advantage of the sixty days permitted law to effect reorganization then hoped reopen. The Union Savings and deposits Yesterday the Wells bank, deposits of closhours State Bank closed. were filed in the court here asking for both institutions, and (Please Turn to Page Eleven)
5.February 14, 1929The TimesHammond, IN
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ANOTHER BANK CLOSES
MONTPELIER, Ind., The Wells county which five banks have been spread day to Blackford caused here of the Farmers Deposit bank, $610,000 institution. Montpelier 20 miles south of Bluffton. Officers of the closed bank said the decision to suspend reached after run on the bank. The First National bank of this city, the only other banking institution here, immediately posted notice its doors advising that 60 days notice will be required for the withdrawal of deposits and days notice on certificates seems to lost his of Thomas Barr, state missioner, who has hurried to Bluffton in arriving there looking over the the situation. banks have been without justification."
6.February 14, 1929Vidette-Messenger of Porter CountyValparaiso, IN
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BANK PANIC SPREADING TO BLACKFORD
Another Bluffton Bank Closes Doors Today. Montpelier Bank Closes After Run,
WELLS COUNTY HAS ONLY BANKS OPEN
BULLETIN MONTPELIER, Ind., Feb. panic that sweeping Wells in which five banks county have been closed in two days, spread today to Blackford county and caused the closing here of the Farmers Deposit bank, $610,000 institution. Montpelier about 20 miles south of Bluffton. Officers of the closed bank said the decision to suspend was reached after run on the bank. The First National Bank of this city, the only other banking institution here, immediately posted notice on its doors advising that days notice will be required for the withdrawal savings deposits and 30 days notice on certificates deposits.
BULLETIN HOPE, Ind., Feb. The Citizens National Bank Hope, Ind., $400,000 National bank. closed here today. reported from reliable that the bank's closing The following notice was posted the bank's door: resolution of the board directors, the Citizens National Bank of Hope closed m. day.
Ind., Feb. the of the financial hysteria sweeping Wells county. yesterday forced four banks suspend operations, the board of directors of the Union Savings Trust company. $400,000 Institution. today decided close the bank.
This action which followed run the bank in which were paid out, left the City of Bluffton temporarily without bank and Wells county with only three banking institutions, those at Ossian Craigville and Poneto. The closing of the bank was tirely voluntary on the part of the bank officials who explained it was being done to the excited pubtime to draw its breath." The development came while five state bank examiners headed Thomas Barr. Assistant State Banking Commissioner, were on the scene. "Everyone seems to have lost his sense of proportion," Barr said. "Yesterday's run on the Union Savings Trust company was perfectly unjustified. The bank put out $50,000 and was offered $50,000 more to tide over today but directors didn't think they had
7.February 14, 1929The South Bend TribuneSouth Bend, IN
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LAST BLUFFTON BANK IS CLOSED
Six Institutions in One Indiana County Shut Within 24 Hours.
Associated BLUFFTON, Ind., Feb 14. The Union Savings & Trust company, the only remaining bank in Bluffton, closed its doors this morning after Wednesday. The Farmers Deposit bank of Montpelier, on the Wells-Blackford county line, also closed this morning. said to Wednesday. Four in Wells county closed Wednesday Fred president of the Union Savings Trust company, and Thomas state bank examiner, said the closing was due to the run on the bank and that was entirely solvent. Officers and directors said they expected to the 60 days permitted by effect and then hoped to reopen. The Union Savings Trust had deposits of approxiWednesday the Wells County bank, with deposits of closed. few hours later the bank Uniondale closed. Petitions were filed in circuit court here asking for ceivers for both institutions, alleging they were failing and insolvent condition. The Bank Petroleum and the Liberty Center State bank also closed Wednesday. The smaller banks cleared through the Wells County Guy Bracken is president of the Farmers Deposit of Montpelier. had deposits of approximately The state banks at Poneto and Craigville and the Farmers State bank Ossian, other banks in the county, still are open.
SANITARIUM SUES ACTRESS.
LOS Calif., Feb. Alma Rubens. film actress. convalescing in sanitarium following nervous breakdown. has been made defendant $105 suit by another sanitarium, alleging nonpayment for
8.February 14, 1929Evening starWashington, DC
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RUN CAUSES BANK TO CLOSE DOORS
Bluffton, Ind., Officers Hope to Effect Reorganization Within Sixty Days.
By Ind., February Union Savings Trust the only bank Bluffton, closed its doors morning after a $50,000 run yesterday. Farmers' Deposit Bank of Montpelier, Wells-Blackford County line, with deposits of $500,000, closed this morning, due, was said, to an $18,000 run yesterday. Four banks in Wells County closed yesterday. Fred Tangeman, president of the Union Trust Thomas Barr, State bank examiner, the bank was solvent. Officers said they expected to take advantage the by law to and to deposits of apYesterday the Wells County Bank, with deposits few hours State Bank filed Circuit Court for for alleging they "in failing insolvent condition. The Bank of Petroleum and the Liberty Center State Bank three cleared through the Wells County bank.
9.February 14, 1929The Evansville JournalEvansville, IN
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DOORS OF ALL BLUFFTON, IND., BANKS CLOSED
$50,000 RUN CAUSES ONLY REMAINING HOUSE TO SUSPEND; EXAMINER SAYS IT IS SOLVENT
COLUMBUS, Ind., Feb (AP) The Citizens National bank of Hope. Ind., near here, failed to open this morning and John Utt. federal bank examsaid he had referred the matter to Albert Ward. United United States district attorney The bank was capitalized at $30,000. Martin H. Holder is
BLUFFTON, Ind., Feb. The Savings and Trust comthe only remaining bank closed its doors this morn ing after $50,000 run yesterday. The Farmers Deposit bank Montepelier, on the Wells-Blackfort county line, also closed due. was said $18,000 county closed yesterday. Fred Tangeman, president of the Union Savings and Trust company and Thomas state bank aminer. the closing was due to the on the that was entirely solvent Officers and directors said they expected to take advantage the 60 days permitted by law to effect reorganization and then hoped to reopen The Union Savings and Trust had deposits of approximately $800,000. Yesterday the Wells County bank. with deposits of closed. hours the State Bank were filed in the court here asking for for both tútions, alleging they were failing and insolvent of Petroleum and the The Bank Liberty Center State bank banks yesterday cleared through the Wells county Guy Bracken president of the Farmers Deposit bank of had of approximately $500,000 State banks at Poneto and The Farmers Craigville Ossian, other banks in the bank at still are open. The county, ville state bank and Markle bank, on the county also are open.
10.February 14, 1929The RecordStockton, CA
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Late News Bulletins
PROHIBITION DISTRICTS REARRANGED
WASHINGTON Feb. 14.-(Associated Press)-Rearrangement of the prohibition districts of the West, placing Utah, Nevada and Arizona in one district. number 27: Montana and Idaho in one district. and retaining in the two California districts only the northern and southern sections of that state was announced today by the treasury. Under the old arrangement the Northern California district also took in Nevada. The Southern California district included Arizona. while the 19th district comprised Montana, Utah and Idaho. The new arrangement becomes effective March 1.
GARRETT AND LENROOT GET APPOINTMENTS WASHINGTON. Feb. (Associated Press)- Finis J. Garrett of Tennessee. present minority leader of the House of Representatives and former Senator Irvine L Lenroot of Wisconsin were nominated by President Coolidge today to be associate judges of the United States Court of Customs Appeals Mr Garrett will retire from the House on March 4.
RUN CLOSES BLUFFTON'S LAST BANK BLUFFTON Ind., Feb. 14.-(Associated Press)- Union Savings and Trust Company the only remaining bank in Bluffton, closed its doors today after $50.000 run yesterday. The Farmers' Deposit Bank of Montpeller. with deposits of $500,000 also closed today. due it was said, to an $18,000 run yesterday. Four in Wells county closed yesterday.
11.February 14, 1929Anderson Daily BulletinAnderson, IN
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BLUFFTONBANK CLOSES TODAY
UNION SAVINGS AND COMPANY CLOSES FOLLOWING $50,000 RUN
Montpelier Bank Also Is Closed
FOUR BANKS IN WELLS COUNTY SHUT THEIR DOORS YESTERDAY
Depositors In Banks Of Wells And Blackford Counties Become Alarmed Over Failures And Withdraw Funds
Bluffton, Ind., Union Savings and Trust Company. the only remaining bank in Bluffton. closed its doors this morning after $50,000 run yesterday. The Farmers Deposit Bank Montpeller, on the county line, also closed this morning. due, was said, to an $18,000 run yesterday. Four banks in Wells county closed yesterday Fred Tangeman, president of the and Trust and Thomas Barr, state bank examsaid closing was due to the run on the bank and that en tirely solvent. Officers and direct ors said they expected to take advantage of the sixty days permitted by effect and then hoped reopen. The Union Savings Trust deposits of approximately $800,000. STARTED YESTERDAY
Yesterday the Wells County Bank. with deposits $1,250,000. clos few hours later. the State Bank closed Petitions the circuit court asking for for both institutions. alleging they failcondition. The Bank of Petroleum Liberty Center State Bank also closThe three smaller banks cleared through the Bank Guy Bracken president of the Farmers Deposit Bank Montpeller had deposits of approximately $500,000 The state banks Poneto and Craigville and Farmers State Bank Ossian, other banks the ville State Bank and the Markle State Bank, on the county line, also
12.February 15, 1929Baker City HeraldBaker City, OR
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FOUR INDIANA BANKS FAIL
BLUFFTON. Ind., Feb. The Union Savings Trust comthe only remaining bank in Bluffton. closed its doors today ter $50,000 run The Farmers' Deposit bank of Montpelier, with deposits of $500,000, also closed today, said. to an 000 run. Four banks in Wells counhave closed.
13.February 15, 1929The Richmond ItemRichmond, IN
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SIX BANKS CLOSED IN WELLS COUNTY
(By The Associated Press BLUFFTO Ind., Feb. 14.-The closing of the Union Savings and Trust of Bluffton and the failure of the Farmers' Deposit bank of Montpelier to open this morning, made total of six banks closed in Wells county within two days. A mass meeting of citizens has been called to enlist aid in opening a bank here carry on business. $50,000 run on the Union Savings and Trust company was said to be responsible for the closing of that institution, and an $18,000 run on the Montpelier bank prevented its opening today. Fred Tangeman, president of the Union bank, declared that the bank was entirely solvent and that directors hoped to reopen the institution in due time without loss to depositors or stockholders, The bank had deposits of approximately The Farmers Deposit bank had deposits of approximately $500,000. Guy Bracken is president. The Wells county bank. with deposits of $1 closed yesterday morning and a few hours later the state bank of Uniondale closed. Petitions for filed in the circuit court here late yesterday for both banks The bank of Petroleum and the Liberty Center state bank also closed yesterday Luther F. Symons, state bank at Indianapolis today, declared that the stability of the banking situation in the state should not be affected by the various banks in Wells counHe said the situation here had been brought about by the continual agitation of banking problems grow. ing out of the Studebaker bank failure two years ago. He said was his opinion that most, if not all of the banks would come out of their present difficulty with very little. If any loss to the
CONSTABLE SHOT Herman Kelm. 52, special constable, probably fatally wounded late this afternoon when he attempted to serve warrant on Orra Hart Hart shot the constable three times, the bullets penetrating his abdomen back Kelm former patrolman on the Lafayette police force.
14.February 15, 1929The Star PressMuncie, IN
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BLUFFTON NOW WITHOUT BANK
Remaining Institution Closes Opened.
Bluffton. Ind., Feb. 14 closing of the Union Savings Trust Company, of Bluffton, and the failure of the Farmers Deposit Bank. of Montpelier, to open this morning, made total of six banks closed in Wells County within two days. mass meeting of citizens has A been called to enlist aid in opening bank carry on business. Run Closes Montpelier Bank. on Union SavTrust Company was responsible the closing that institution, the Montpelier bank prevented its opening Fred Tangeman, of the Union Bank, that the bank entirely solvent that direcreopen the institution time without depositors The bank had posits The Deposit Bank had posits $500,000. Guy Bracken president. Stability State Banks Safe. The Wells County bank, with posits of closed and few hours later the State Uniondale closed. titions for filed in the Circuit Court here late Bank Petroleum and the Liberty Center State bank closed Luther Symons, state bank commissioner, statement issued Indianapolis today, declared that the stability the banking situation state should not affected various banks Wells County. here had been brought by continual agitation banking growing years said his opinion most, not the banks come out their with little, any, to the depositors. Mass Meeting Friday Night. were of members local service clubs. mass meeting the large auditorium building here Friday night, purpose enlisting the public adopting attitude of confidence toward solvent banks Continued Sixth Page.
15.February 15, 1929The HustlerMadisonville, KY
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BANKS CRASH AFTER RUNS TAKE FUNDS
BLUFFTON, Ind., Feb. Union Savings Trust Company, only remaining bank in Bluffton, closed morning after $500,000 run yesterday. The Farmers Deposit Bank of Montpelier also closed today, due, was said here, to a $500,000 run yesterday. Four banks in Wells county closed yesterday. President Fred Tangeman, of the Union Savings Trust Company, said his bank was solvent, and he hoped to reopen the institution after the usual sixty days for reorganization.
Following the closing of four Wells county banks yesterday, Luther Symons, state bank commissioner, appeared in circuit court with petitions asking that receivers be appointed for the Wells County State bank, of Bluffton, and the Bank Uniondale, two of the that closed. bank of Petroleum and the Liberty State bank also suspended operations. The petitions set out that examinations by the banking department showed the Well County State bank Uniondale failing and insolvent condition." Judge Hamilton set February the date for hearings the petitions. The Wells County bank was capitalized at $100,000 and showdeposits of $1,250,000. The Union Savings Trust company the only bank in Bluffton. The Studebaker bank failed in 1927, with deposits of Receivers as yet have made no payments on deposits.
16.February 15, 1929The Tipton Daily TribuneTipton, IN
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TWO MORE BANKS.
Five Now Closed In Wells County; One In Montpelier.
Bluffton. Ind., Feb. 15 closing of the Union Savings and Trust Company at Bluffton and the failure of the Farmers Deposit bank of Montpelier to open yesterday morning made a total of five banks closed in Wells county and one near the line in Blackford county in two days. A mass meeting of citizens has been called to enlist aid in opening a bank here to carry on business. A $50,000 run on the Union Savings and Trust Company was said to be responsible for the closing of that institution and an $18,000 run on the Montpelier bank prevented it opening.
17.March 6, 1929The Indianapolis TimesIndianapolis, IN
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JUDGE MAY FACE SUIT Montpelier Bank Attorneys Charge Venue Change Denied. B" Times Special HARTFORD CITY, Ind., March 6-Denial of a change of venue by Judge Victor Simmons of Blackford circuit court may result in a mandamus suit being filed against him in the Indiana supreme court by attorneys for the closed Farmers Deposit Bank of Montpelier. On application of the state banking department, T. C. Peterson, Montpelier lawyer, was appointed receiver for the bank, by Judge Simmons, who refused a venue change asked by the bank's counsel, who opposed receivership.
18.March 7, 1929The Indianapolis StarIndianapolis, IN
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OFFICIALS OF BANK OPPOSE RECEIVER
Officials of the Farmers Deposit bank of Montpelier yesterday started action in the Supreme court to prevent Thomas C. Peterson. an attorney. from serving as receiver for the bank. Luther F. Symons state bank com missioner and Judge Victor H. Simmons of the Blackford Circuit court. are defendants in the action The bank officials ask writ prohibi tion against the defendants They object to selection of Peterson on grounds attorney for the First National bank of Montpelier rival financial institution If the Supreme court should grant a temporary writ of prohibition the judge would be given an opportunity later to appear before the court show cause why the writ should not be made permanent.
19.March 12, 1929The Indianapolis StarIndianapolis, IN
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WRIT STOPS ACTION OF BANK RECEIVER
The Indiana Supreme court yester day took hand in receivership proceedings against the Farmers' Deposit bank of Montpelier and issued temporary writ prohibition preventing the receiver from discharg his duties. The writ was obtained by officials of the bank who objected to appoint ment Thomas C. Peterson as because he for a attorney rival financial institution. Acts Against Judge The writ also prevented Judge Vic. tor H. Simmons of the Blackford Circuit court. who appointed Peterson, from further action in the case except to rescind his previous actions and grant change of venue from Blackford Peterson appointed by Judge Simmons March on petition for ceivership filed by Luther Symons, state bank commissioner. At time the bank officials sought change of which was denied by Judge
Hearing March 11. Judge Simmons appeared before the court at hearing conducted yesterday justify his The date for final hearing of the petition. The Montpelier located short distance from the county line Recently there considerable disturbance banking in Wells and several banks closed. Most them, however, have been reopened new banks organized to replace closed institutions. According to bank department. the situation in Wells county is practically cleared
20.March 15, 1929The Indianapolis StarIndianapolis, IN
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COURT TO GIVE DECISION ON BANK RECEIVER WRIT The Indiana Supreme court will decide this morning whether temporary writ of prohibition to prevent Thomas Peterson from serving receiver for the Farmers Deposit bank of Montpelier shall be made permanent. Final arguments were heard by the court yesterday The bank officials obtained the temporary writ when they alleged that Judge Victor H. Simmons of the Blackford Circuit court refused to grant change venue on receivership proceedings instituted by Luther F. Symons. state bank comThey objected the ceiver named by the Blackford court judge on grounds he was attorney for rival banking concern.
21.May 5, 1929The Star PressMuncie, IN
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BANK RECEIVER RULING DELAYED
Case Sent From Supreme to Appellate Court.
Hartford City, Ind., May 4.-It was stated at Indianapolis today that a decision in the receivership case of the Farmers' Deposit Bank, of Montpelier, now pending in the state courts, cannot be expected for some time yet, following the action of the state supreme court in transferring the case to the appellate court. It is expected that the same oral arguments. will have to be heard by the Appellate Court as were heard by the Supreme Court.
74 Eighth Graders Pass Announcement was made today that, up to the present time, a total of seventy students the eighth grades of the rural schools have completed, successfully, the Indiana composits achievement test for promotion to the high school. Robert Ellis Banter and James Bryner, of the Roll schools, hold the record for getting the highest number of points out of a possible 530 points in the test. They made a score of 495, each. Marion Garr. of Millgrove, was third with 487 points.
New Glass Machines. W. C. Niece, superIntendent of the American Window Glass factory here, today stated that prospects look good for the early equipment of the plant here with Fourcault machines for glass making, an improved form of machines.
Hartford City Short Notes. A marriage license was issued here today to Bernita Palmer, 18, daughter of Mr. and Mrs. Burr Palmer, of Roll, and Orville A. Heath. of Gas City. Word was received here today of the death of Dayton Craig. 40. for many years well known resident of this city, at Jackson. Mich A number of relatives survive in this city A number of alley repair jobs are now under way by the city street deThe Parent-Teachers' Association of North Ward school has named Mrs. Charles Moler as president for the coming year. Miss Maude Maxwell was named as vice president: Mrs. Ira Kunkle, secretary, and Mrs. Aldah Hollis, treasurer. The authorities here are investigating the theft of eighteen pieces of silverware from the Washington Inn here. Only meager clews have been obtained Mrs. George Rapp, Jr. has been named as regent of the Daughters of the American Revolution the coming year. Mrs. Howard Ervin was named vice regent. There was rush at the office of the county treasurer today, as the period for the payment of taxes was closing. A large number of deputies will be on duty Monday The chairmen of the two respective political parties have decided not to use poll book holders at the election next Tuesday, in order to cut down the expenses. The body of the infant child of Mr and Mrs. William Sutton of North Manchester, formerly of this city, who was born dead there this morning, will be buried here tomorrow.
22.May 9, 1929The Indianapolis TimesIndianapolis, IN
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DEFUNCT MONTPELIER BANK WINS APPEAL Receivership Decision of Lower Court Reversed. Appellate court today reversed action of the Blackford's circuit court in appointing a receiver for the Farmers' Deposit Bank of Montpelier. Last February Judge Victor H. Simmons of Blackford's circuit court. appointed Thomas Peterson, atorney, receiver for the defunct bank on the request of Luther F. Symons, state bank examiner. Recently the case was appealed to the higher court on the grounds a change of venue was denied and Peterson was atorney for a competitive bank at Montpelier. The higher court today in reversing the decision held such an action was mandatory under the state banking laws.
23.June 10, 1929Muncie Evening PressMuncie, IN
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KUNKEL NAMED BANK RECEIVER
Wells County Judge Refuses Recommendations.
(Special to The Press.) June liam Kunkel Bluffton named Monday by Judge Hamilton of the circuit court, as receiver for the Farmers Deposit Bank of The receiver's bond fixed $50,000 August designated the last day for the filing of creditors' claims. Mr. Kunkel is also receiver for the Bank of Poneto, closed since 1925. Stockholders and citizens Montpelier two Stewart Ira but Judge Hamilton refused to either. He held of Stewwould be unwise since stockholder. Nelson's was jected because he was resident of Montpelier.
24.June 11, 1929Leader-TribuneMarion, IN
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Bank Receiver Is Appointed by Judge
Circuit Judge A. W. Hamilton, of the Wells county circuit court, appointed William A. Kunkel, Jr., as receiver for the defunct Farmers' Deposit bank, at Montpelier, which was one of the banks which closed its doors last February.
25.June 24, 1930The Star PressMuncie, IN
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BANK RECEIVER ENTERS REPORT
Montpelier Institution's Assets Total $218,130.
Bluffton, Ind., June current report of William A. Kunkel, Jr., receiver for the Farmers' Deposit Bank of Montpelfer, has been filed Circuit Court approved Judge A. W. Hamilton. The report shows that the receiver was chargeable originally with assets totalling Credits for $162.are claimed. with balance of assets chargeable of The credits $58,886.39 paid to in two distributions of 10 per cent each; preferred claims paid; expenses of ceiver, fees of $3,450 for the receiver and similar sum for the receiver's attorneys: assets compromised and items of set-offs, real estate sales below listed values, and below listed values. Remaining Assets Itemized. Balance of assets with which receiver chargable follows Cash on hand. due from banks. loans and discounts, stocks and bonds, $3,550; bank building. and fixtures. real estate, overdraft cash items. $405 Grand total assets chargeable, Mrs. Elle Cloud. 68, died yesterday morning home near McNatts. Jackson Township. of organic heart trouble Surviving are the husband, Silas Cloud. and eight children: Clarence Cloud, Mrs. Marie Ramseyer and Mrs Mary Jones, Orville Cloud. Missouri Cloud, ton Cloud. all of Bluffton. Funeral services will be held at Union Chapel, McNatts. o'clock Tuesday afternoon. Burial will be in Jones CemIval Young. local butcher. escaped serious injury last night his car left the highway at the County in the ditch. The machine was badly damaged.
Aged Resident Succumbs. Cornelius Brinneman 81. died at o'clock afternoon the home of his daughter. Mrs. Bessie Johnson. 107 North Scott street. after an illness of six months. Surviving following children Charles Brinneman Toledo: Bertha May Brinneman and Daniel Brinneman: Bessie Johnson. Bluffton: Mary Conneau. Rosa Stagg. Cincinnati Potts, Fort Wayne: Samuel Brinneman. Grove. Mo. and Emma Myers. Funeral services will held at o'clock Thursday at the Keystone Friends Church and burial will be made Keystone Cemetery. Mrs. Mary Counterman. of West Wiley avenue. this city. today announced the marriage of her daughBesdalora. Gerwig son of and Libwhich took place September 1929. Cynthiana, Ky The bride and bridegroom graduates of Bluffton High School The couple will live at Liberty Center where the groom. Mr. Gerwig. will be associated with his father in the grocery business.
Thief Overlooks Money. thief who forced an entrance into DeBolt's barber shop at Ossian Saturday night. stole nine razors. three pairs scissors and two pairs ing the shop receipts for the day, was Mrs. Mary Dailey local probation officer. reported upon her today from meeting that sneak thief had entered the store room in which she keeps supplies for the poor and had stolen about two dozen pairs men's hosiery undetermined origin in the garage Olive Markley Lancasand Williams o'clock last night badly damaged his ma chine well the building Frank Beckler of this city today received word of the death of aunt Mrs. Mattie Louis Cory. Angeles Cal former resident this county. Death followed an illness of several weeks
HOW THE WAR STARTED after meal
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.
