gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
937d4fefdf54b327
Response Measures
None
Events (2)
1.March 1, 1933*Suspension
Cause
Government Action
Cause Details
State banking commission filed petition leading to the bank's closing.
Newspaper Excerpt
Markle State Bank which was closed last week.
Source
newspapers
2.April 1, 1933Receivership
Newspaper Excerpt
Circuit Judge Sumner Kenner today appointed C. E. Paul, of Markle, as receiver for the Markle State Bank which was closed last week.
Source
newspapers
Newspaper Articles (2)
1.April 2, 1933The Star PressMuncie, IN
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Article Text
MARKLE MAN NAMED STATE BANK RECEIVER
Huntington, Ind., April 1 (P)-Circuit Judge Sumner Kenner today appointed C. E. Paul, of Markle, as receiver for the Markle State Bank which was closed last week. Petition for appointment of a receiver was filed by the state banking commission. The directors and seventy per cent of the depositors had filed an application asking for Paul's appointment.
2.April 9, 1933The Indianapolis StarIndianapolis, IN
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Article Text
Markle Bank Receiver Seeks Full Assessment
[Special to The Indianapolis Star.] HUNTINGTON. Ind., April Charles E. Paul, for the Markle closed recently the filed suit cent assessment of in Circuit today public funds deposited Sparks trustee Rock ship. the sufficient satisfy obligations of the institutions.
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.