Benton Harbor State Bank (Benton Harbor, MI)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
June 1, 1927*
Location
Benton Harbor, Michigan (42.117, -86.454)
Bank Type
state
Routing Number
74-0178

Metadata

Notes

Article states a receiver was appointed last summer; permanence of closure not fully detailed.

Events (1)

1. June 1, 1927* Receivership
Newspaper Excerpt
The order was issued as Benton Harbor bank, appointed receiver by Judge Fead last summer.
Source
newspapers

Newspaper Articles (2)

Article from El Paso Herald, December 9, 1927

Click image to open full size in new tab

Article Text

Court Orders Ben Left In Charge

Lansing, Mich., Dec. Ben Purnell, accused of morality and fraud administration of his House David colony Benton Harbor, property few months longer The state supreme court Issued an order last night postponing operation of the colony pending an apepal from circuit court finding against Purnell. The order was issued Benton Harbor bank, receiver judge Louis H. Fead, attempted control of the property. extended trial before judge Fead summer, Purnell found to subjected young girls the to obtained from prospectmembers by


Article from The Atlanta Constitution, December 10, 1927

Click image to open full size in new tab

Article Text

KING BEN WINS EVICTION DELAY

Lansing. Mich., December 9.(United Ben Purnell, accused of immorality and fraud in administration of the affars of his House of David religious colony at Benton Harbor, will remain in control of his prosperity a few months longer at least. The state supreme court issued an order tonight receivership for the pending from circuit court finding against Purnell. The order was issued as Benton Harbor bank, appointed receiver by Judge Fead last summer. Purnell found to have subjected young girls the and money from prospective by The eultist is severely ill with tuberculosis. He confined to and has been for months. His followers believe will recover their religion teaches that Purnell immortal and the leader of the world. refrain from disposing of any its property, valued at millions of dollars, pending the appeal and court required $25,000 bond to insure its instructions would be followed.