Citizens Trust Company (Huntingburg, IN)

Episode Information

Episode UID
71101671582
Episode Type
Run → Suspension → Closure
Bank Type
trust
Bank ID
7110167 routing
Routing Number
71-1016
Start Date
October 22, 1931
Location
Huntingburg, Indiana (38.299, -86.955)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a12eb6ee24b38d6a

Response Measures

None

Description

Newspapers use variant spelling Huntingsburg; corrected to Huntingburg.

Events (3)
1. October 22, 1931 Run
Cause Details
Article reports a run but gives no specific trigger or rumor; immediate cause unspecified.
Measures
State banking department took charge; bank was closed following heavy withdrawals.
Newspaper Excerpt
A run on the Citizens Trust bank here Thursday afternoon resulted in closing of the institution
Source
newspapers
2. October 23, 1931 Suspension
Cause
Government Action
Cause Details
State banking department took charge and closed the bank following the run.
Newspaper Excerpt
resulted in closing of the institution Friday. Officials of the state banking department took charge.
Source
newspapers
3. November 28, 1931 Other
Newspaper Excerpt
Plans have been made for appointment agent terminate the trust company's affairs. Receiver plea halted...filed motion asking dismissal of his application for appointment of receiver the Citizens Trust Company of Huntingburg.
Source
newspapers

Newspaper Articles (4)
1. October 24, 1931 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, October 24, 1931

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Article Text

CLOSE BANK AFTER RUN State Takes Charge of Citizens Trust at Huntington, Ind. By United Press HUNTINGBURG, Ind., Oct. 27.A run on the Citizens Trust bank here Thursday afternoon resulted in closing of the institution today. Officials of the state banking department took charge. C. B. Dowell is president of the bank; F. W. Limp is vice-president, and Leo J. Hoing, cashier. Capitalization was $25,000, deposits $393,000, and loans $242,000.

2. October 24, 1931 The Tipton Daily Tribune Tipton, IN
Article from The Tipton Daily Tribune, October 24, 1931

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Article Text

Run Closes Bank. Huntingsburg, Ind., Oct. Trust bank run on the Citizens resulthere Thursday afternoon the institution in closing of state bankFriday. took charge. department

3. October 24, 1931 The Tipton Daily Tribune Tipton, IN
Article from The Tipton Daily Tribune, October 24, 1931

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Article Text

Run Closes Bank. Huntingsburg, Ind., Oct. A run on the Citizens Trust bank here Thursday afternoon resulted in closing of the institution Friday. Officials of the state banking department took charge.

4. November 28, 1931 The Indianapolis Star Indianapolis, IN
Article from The Indianapolis Star, November 28, 1931

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Article Text

RECEIVER PLEA HALTED. JASPER, Ind., Nov. ther Symons, state banking missioner, today filed motion Circuit asking dismissal of his application for appointment of ceiver the Citizens Trust Company of Huntingburg Plans have been made for appointment agent terminate the trust company's affairs.