Upland State Bank (Upland, IN)

Episode Information

Episode Type
Suspension → Closure
Start Date
August 1, 1932*
Location
Upland, Indiana (40.476, -85.494)
Bank Type
state
Routing Number
71-0930

Metadata

Events (2)

1. August 1, 1932* Suspension
Cause
Voluntary Liquidation
Cause Details
Directors voted to close the institution for liquidating purposes (bank closed Aug. 1932)
Newspaper Excerpt
The bank which closed Aug. 1932, is in failing and insolvent condition
Source
newspapers
2. December 5, 1932 Receivership
Newspaper Excerpt
Following testimony ... the condition of the closed Upland State Bank necessitates the appointment of receiver, Judge Oren Dickey appointed Doris Reynolds receiver of the institution. Bond of $15,000 was provided and Reynolds took the duties of the receivership appointment the receiver after two persons had been suggested for the place.
Source
newspapers

Newspaper Articles (10)

Article Text

SYMONS URGES BANK RECEIVER

Application for receiver for the Upland State Bank today was filed in the Grant superior court by Luther F. Symons, state banking commissioner. Hearing on the application was set for 10 m. Dec. The bank which closed Aug. 1932, is in failing and insolvent condition, according the applicaprepared filed by Atty. tion Gen. James M. Ogden. The bank had deposits of more than $100,000 which more than $30,000 was public funds at the time the directors voted to close the institution for liquidating purposes. E. Leach, former cashier of the bank, was named liquidating agent.


Article Text

SUITS FILED

CIRCUIT COURT Claud E. Andrews and Mary Bernice Andrews vs. Mary A. Shugart et al, statement of restoration of sanity. Hardin and Biddinger. Eli E. Coats vs. Eva Ward, deed and contract. Hardin and Biddinger.

SUPERIOR COURT First National Bank vs Marion Aero Club, Inc., and Arthur E. Thompson, complaint on note. Condo, Van Atta and Batton. State of Indiana on relation of Luther Symons vs. Upland State Bank, application for receiver. James M. Ogden. Phoebe Shadle vs. Wayne Shadle, divorce. Harry E. Roberts. First National Bank vs Paul Hutchison and others, foreclosure. Condo, Van Atta and Batton. Marion National Bank vs. Elizabeth S. King and others, foreclosure. Condo, Van Atta and Batton.


Article Text

BANK RECEIVER

Court Appoints Doris Reynolds Handle Affairs of Closed to Institution; Symons Testifies.

Following testimony in superior court yesterday by Luther F. Symstate banking commissioner, the effect that the condition of the closed Upland State Bank necessitates the appointment of receiver, Judge Oren Dickey appointed Doris Reynolds receiver the stitution. Bond of $15,000 was provided and Reynolds took the duties of the receivership Appointment the receiver after two had been persons suggested for place. appointment asked by Ross Troyer, former trustee, said the stockholders and directors of the Appealing for Reynolds' appointment was Ben Puckett, said chairman of the depositors comSymons testified that assets of the bank only liabilities totalling The bank capitalized for Included public funds amounting assessment necessary against Symons said, amount to about $16,000.


Article Text

Court Minutes

SUPERIOR COURT

Civil Docket

Oscar Phillabaum vs. Merrill E Lottridge, damages Cause dismiss ed. Judgment for costs against plain In the receivership of the Upland State Bank Receiver's fourth report on claims filed. submitted and ap proved. Petition by receiver for au thority to compromise and settle note of Albert Fisherbaugh and Mariah Fisherbaugh filed. submitted and granted, authorized and ordered as prayed. Fred Lindsay vs. Ed S. Uhrig. et al, account. Judgment on verdict and for costs in jusutice court against defendants and coasts in this court against plaintiff Clarence Main Jessie Lenora Main, al, replevin. Cause dismiss ed. Judgment for costs against plaintiff Levita D. Mart V8. Loren T Mart divorce. Application for money submitted defendant is ordered to pay clerk $25 on Jan. 30. 1934, for use of plaintiff with which to pay her attorney Richard Coak Lawrence Coppock, et al. note. Answer in general denial Robert L. Hudson VS. Beulah Hud son, divorce Affidavit of plaintiff and disinterested person to non residence of defendant filed, submit ted and notice ordered to defendant by publication, returnable March 10.

CIRCUIT COURT Civil Docket

Glenn Eakins Pauline Eakins appointment guardian Affidavit for change of venue from judge by plaintiff filed, submitted and granted and on agreement, Wildon Lett is appointed special judge to try cause Jurisdiction assumed and oath of office filed by Wilson D. Lett J. Bernstein VS. Scott, contract. Verified answer of plea in abatement filed Nancy J. Bradford, et al. VS Bert Bradford, et al, quiet title and partition. Proof of notice of sale of real estate by posting and publication filed. Report of sale real estate fil ed and approved. Deed reported and approved. Malinda Pence Ova Renbarg er, et al, injunction Motion by plain tiff to require defendant Renbarger to make his second paragraph of answer more specific filed


Article Text

COURT MINUTES

SUPERIOR COURT Civil Docket Oscar Phillabaum Merrill Lottridge, damages. Cause dismissJudgment for costs against plaintiff. the receivership of the Upland State Bank. fourth report on claims filed, submitted approved. Petition by for thority to settle note of Albert Fisherbaugh and Mariah Fisherbaugh filed, and granted, authorized and ordered prayed. Fred Lindsay Ed Uhrig, verdict costs in jusutice court against defendants and coasts in this court against plaintiff. Clarence Main Jessie Lenora Main, al, replevin. Cause dismissJudgment for costs against plain-

Due to an error court minutes, notice given the cause Eva Courtney Charles Courtney, divorce action had been ordered off docket for costs. Costs case been paid the settled. Levita Mart Loren Mart, divorce. Application money submitted defendant ordered to pay clerk $25 before Jan. 30, 1934, for plaintiff with which to pay her attorney. Richard Coak Lawrence Cop pock, note. Answer in general denial filed. Robert Hudson Beulah Hadson, divorce. Affidavit plaintiff and person to nonresidence defendant filed. submitted and notice ordered defendant returnable March 10, 1934.

CIRCUIT COURT Civil Docket Glenn Eakins Pauline Eakins, appointment guardian. Affidavit change venue from judge by plaintiff filed, submitted and granted and on agreement, Wildon Lett appointed special judge cause. Jurisdiction assumed oath of office filed by Wilson Lett. Bernstein Scott, contract. Verified answer of plea Nancy Bradford, et al, Bert Bradford, al, quiet title and partition. Proof of notice sale real estate by posting and publication filReport of estate filand approved. Deed reported and approved. Malinda Pence Ova RenbargMotion by tiff to defendant to make his second paragraph answer more specific

COLLEGE BASKETBALL Purdue Illinois Indiana 38; Ohio State 22. Indiana Central Central Nor-


Article Text

Court Minutes

SUPERIOR COURT Civil Docket Grace Peck vs. Harley Peck, die vorce. Counter showing by defends ant application for suit and supe port money filed. Application mitted and defendant is ordered to pay to clerk $25 or before April 1984 for of plaintiff with which to pay her attorney and the application for support continued. In the receivership of the Upland State Bank. Receiver's first current report approved and receivership continued. Mary O. Pulley vs. Harry E. Pulle ley, divorce. Finding for plaintiff that the allegations her complaint are true that plaintiff is elle titled to divorce from defendant and custody of Donald Oath Pulley, 10 months, is awarded plaintiff and defendant ordered to $2.50 per week for support and $25 on or before April 1984 for use plaintiff with which her attorney. Costs pay defendant. Gustav J. Gruendler Manufacture ing Co. vs. Oscar Wagner, forecloss ure. Motion strike out and make parts of cross complaint more specific submitted, overruled and exception by plaintiff. Dorothy Tippey Jesse C. Tips pey, divorce. agreement of course defendant ordered pay clerk $4 per week beginning 12 1934 for support and $25 or before March 1934 for use plaintiff with which to pay her at aorney. Harold Alleman vs. June D. Allen man, Cause dismissed motion of plaintiff. Judgment for costs against plaintiff. Sadie M. Baumbaugh Henry Baumbaugh, divorce. Verified plication by plaintiff for suit support money filed. Hearing sets for Feb. 15, 1934 at m. and tice CIRCUIT COURT Civil Docket In the liquidation the Van Buren State Bank. Petition for order to pay dividend number two filed, submitted and granted and ten percent dividend is ordered H J. Bernstein vs. L. Scott, come tract Motion of by defendant filed.


Article Text

Suits Filed

CIRCUIT COURT

Albert Burgan vs. Ben E. Rybolt et al. Note. Lloyd McClure.

Albert Burgan vs. Ben E. Rybolt et al. Note. Lloyd McClure.

SUPERIOR COURT

Dorris E. Reynolds as receiver of the Upland State Bank vs. Elmer Keever et al. Note. Gemmill, Browne and Campbell.

Agnes C. East vs. Quality Poultry and Produce Co. et al. Damages. William A. Fisher.

John L. Seale vs. Jane G. Seale. Divorce. A. Jay Keever.


Article Text

SUIT INVOLVES 2 PROPERTIES

Two residential properties in Upland are involved in a suit between Doris Reynolds, receiver for the Upland State Bank, and Holland Brown which will be heard in Blackford circuit court Friday.

Continued until Friday, the case was venued from the Grant superior court. It had been scheduled for a hearing here today.

The plaintiff in the suit charges that Brown had deeded two Upland properties to his son, Marion Brown, for no consideration and for the purpose of evading payment of a note. The bank receiver had obtained a judgment of $1,138 on September, 1934, against Holland and Ella B. Brown on an unsecured note. In the present action the plaintiff seeks to set aside deeds made by Brown.

The bank receivership is represented by Browne and Campbell and the defendant by Connersville and Hartford City attorneys.


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NOTRE DAME, ARMY PLAY TO TIE; INDIANA DOWNS CHICAGO

FIRST BIG 10 VICTORY WON BY HOOSIERS

Indiana Eleven Scores 24 to 0 Victory Over Chicago; Berwanger Leads Chicago Attack.

BY WILLIAM WEEKS

Chicago, Ill., Nov. 16. (AP) — The Hoosiers of Indiana, starved for a Big Ten football victory, gorged themselves on a 24 to 0 upset triumph over Chicago's Maroons at Stag Field today.

The Hoosiers, who had lost to Michigan and Ohio State and had a 6 to 6 tie with Iowa as the high spot of their season, outplayed the Maroons with the exception of a few

Dreams of Grid Honors Blasted; Syracuse Beaten

Upland, Ind., Nov. 16. — Legal proceedings between Doris Reynolds, receiver for the Upland State Bank, and Holland Brown in which the plaintiff seeks to set aside two deeds made by Brown to his son will be resumed in Blackford circuit court Tuesday.

The case was venued from the Grant superior court to Hartford City. It was continued last Friday. Brown is alleged to have deeded two Upland residential properties to his son, Marion Brown, in an attempt to evade payment on a note. The bank receiver had obtained a previous judgement against Brown and his wife.

The plaintiff seeks to set aside deeds made by Brown in the present litigation.


Article Text

UPLAND RECEIVER ACTION TO BE RESUMED IN COURT Upland, Ind., Nov. 18—Legal proceedings in which Doris Reynolds, receiver for the Upland State Bank, seeks to set aside two deeds made by Holland Brown to his son will be resumed in Blackford circuit court Tuesday. The case was venued from Grant county superior court. Brown was alleged to have deeded two residential properties in Upland to his son, Marion Brown, to evade payment on a judgment which the bank receiver had previously obtained.

BOY RECOVERS Hartford City, Indiana, Nov. 18.—James Wilhelms, fifteen, son of Mr. and Mrs. Paul Wilhelms, is reported recovering from injuries sustained when he was struck by an automobile on state road three while hitchhiking to Muncie Friday night.

RECOMMEND PLANT Hartford City, Indiana, Nov. 18.—Recommendation has been made by state board of health representatives following an investigation of the city dump that a garbage disposal plant be established.

OUTLINE CAMPAIGN Hartford City, Indiana, Nov. 18.—The annual membership campaign of the Blackford county farm bureau will be outlined at a banquet to be held here Tuesday night, Nov. 26.

PAROLE REFUSED Hartford City, Indiana, Nov. 18.—The state board of clemency has refused to parole Lon Flint, Hartford City, trucker, now serving a one to 10 year sentence in the state prison for manslaughter. His truck struck and killed Isaac Waters.

CLAYTON RITES HELD Wabash, Ind., Nov. 18.—Funeral services for Mrs. Lucinda Clayton, sixty-five, were held today. She died at her home in Roann.