Bank of Seward - Burket, IN

Episode Information

Episode UID: 71097671624
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 7109767 routing
Routing Number: 71-0976
Start Date: April 8, 1935
Location: Burket, Indiana (41.155, -85.969)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 8e30d7381de4a6e0

Response Measures

None

Description

Bank is in liquidation by the Indiana state department after suspending business.

Events (2)

1. April 8, 1935 Receivership

Newspaper Excerpt: Depositors of the Bank of Seward, Burket, Ind., which is being liquidated by the department of financial institutions of the state of Indiana, will receive a 15 per cent distribution Friday.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank suspended business and was placed in liquidation by the Indiana state department of financial institutions.
Newspaper Excerpt: the first distribution made since the bank suspended business
Source: newspapers

Newspaper Articles (1)

1. April 8, 1935 The South Bend Tribune South Bend, IN

Article Text

BURKET BANK TO PAY $10,509 The Tribune's Special Service. WARSAW, Ind., April 8—Depositors of the Bank of Seward, Burket, Ind., which is being liquidated by the department of financial institutions of the state of Indiana, will receive a 15 per cent distribution Friday. The distribution, which will total $10,509.15 will be the first distribution made since the bank suspended business. It will be made by Charles A. Wall, representative of the state department, who is serving as the liquidating agent.