gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
022533e14647f6cd
Response Measures
None
Events (2)
1.April 23, 1928Receivership
Newspaper Excerpt
Horace Hanna to Take Charge of Plainfield Institution. Announcement was made today ... had been named receiver of the Citizens State Bank of Plainfield by Judge Dugan of the Hendricks Circuit Court. Offer has been made by the First National bank of Plainfield to purchase part of the assets of the defunct bank and so aid it to pay off the depositors.
Source
newspapers
2.April 23, 1928Suspension
Cause
Government Action
Cause Details
State banking commission and court action appointed a receiver leading to the bank's closure
Newspaper Excerpt
Announcement was made today by the State banking commission that Horace Hanna, Plainfield attorney, had been named receiver of the Citizens State Bank of Plainfield
Source
newspapers
Newspaper Articles (2)
1.April 23, 1928The Indianapolis TimesIndianapolis, IN
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Article Text
BANK RECEIVER NAMED Horace Hanna to Take Charge of Plainfield Institution. Announcement was made today by the State banking commission that Horace Hanna, Plainfield attorney, had been named receiver of the Citizens State Bank of Plainfield by Judge Dugan of the Hendricks Circuit Court. Offer has been made by the First National bank of Plainfield to purchase part of the assets of the defunct bank and so aid it to pay off the depositors.
2.April 23, 1928The Indianapolis TimesIndianapolis, IN
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Article Text
BANK RECEIVER NAMED
Horace Hanna to Take Charge of Plainfield Institution.
Announcement was made today by the State banking that Horace Hanna, Plainfield attorney, had been named receiver of the Citizens State Bank of by Judge Dugan of the Hendricks CirCourt. Offer has been made by the First National bank of Plainfield purchase part of the assets of the defunct bank and so aid to pay off the depositors.
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.