Bank of Linngrove - Linn Grove, IN

Episode Information

Episode UID: 71081271566
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 7108127 routing
Routing Number: 71-0812
Start Date: June 3, 1930
Location: Linn Grove, Indiana (40.645, -85.033)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f88f6bd315c9b8e2

Response Measures

None

Description

Article says the bank closed its doors voluntarily and state examiner is investigating.

Events (1)

1. June 3, 1930 Suspension

Cause: Voluntary Liquidation
Cause Details: Voluntary closure due to greatly reduced deposits; state banking representative investigating affairs
Newspaper Excerpt: The Bank of Linngrove, Adams county, private institution, closed its doors voluntarily today because of greatly reduced deposits in recent months
Source: newspapers

Newspaper Articles (1)

1. June 3, 1930 The Indianapolis Times Indianapolis, IN

Article from The Indianapolis Times, June 3, 1930

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Article Text

BANK OF LINNGROVE CLOSES ITS DOORS Adams County Private Institution Shuts Down; Deposits Reduced. The Bank of Linngrove, Adams county, private institution, closed its doors voluntarily today because of greatly reduced deposits in recent months, the state banking deThe bank was capitalized at $10,000, and had deposits. W. Studler president, and M. Lyrbarger cashier of the bank. Morris Stultz special representative of the state banking department, investigating affairs of the bank.