Home Bank (Goodland, IN)

Episode Information

Episode UID
7430390991254
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
743039099 hash
Start Date
June 11, 1904
Location
Goodland, Indiana (40.763, -87.294)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
098a53a80a55ab98

Response Measures

None

Description

Articles report the bank suspended June 11, 1904 and subsequently failed; later conviction of its president for embezzlement in 1907 confirms bank-specific malfeasance.

Events (1)

1. June 11, 1904 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failed owing depositors $243,000 with assets about $50,000; later evidence and conviction show embezzlement by president Fred D. Gilman.
Newspaper Excerpt
the Home Bank of Goodland, which suspended business June 11, 1904
Source
newspapers

Newspaper Articles (10)

Article from Evening Times-Republican, February 2, 1907

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Article Text

GUILTY OF EMBEZZLEMENT. Former Indiana Bank President Has Been Found Guilty. Kentland, Ind., Feb. 2.-Fred D. Gilman, former president of the Home Bank of Goodland, which suspended business June 11, 1904, was found gullty today of embezzling the funds of the bank. His sentence will be pronounced Monday.


Article from The Daily Telegram, February 2, 1907

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Article Text

# GILMAN IS GUILTY # OF EMBEZZLEMENT Of the Funds of a, Bank and Will Be Sentenced To Prison. [By Associated Press.] KENTLAND, Ind., Feb. 2-Fred D. Gilman, president of the Home Bank at Goodland, which suspended business over two years ago was found guilty today of embezzlement of funds of the bank. The bank failed owing its depositors $243,000, with its assets $50,000. After the failure nothing was known of Gilman's whereabouts until arrested three weeks ago at Bloomington, Ill. Sentence will be pronounced Monday next.


Article from The Daily Telegram, February 2, 1907

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Article Text

# GILMAN IS GUILTY # OF EMBEZZLEMENT Of the Funds of a Bank and Will Be Sentenced To Prison. [By Associated Press.] KENTLAND, Ind., Feb. 2-Fred D. Gilman, president of the Home Bank at Goodland, which suspended business over two years ago was found guilty today of embezzlement of funds of the bank. The bank failed owing its depositors $243,000, with its assets $50,000. After the failure nothing was known of Gilman's whereabouts until arrested three weeks ago at Bloomington, Ill. Sentence will be pronounced Monday next.


Article from The Montgomery Advertiser, February 3, 1907

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Article Text

Gliman Found Guilty. Kentland, Ind.. Feb. 2.-Fred D. Gilman, ofrmer President of the Home Bank at Goodland. which suspended business on June 11. 1904, was found guilty today of embezzling the funds of the bank. The bank failed in 1904, owing depositors it 18 charged. $243,000, with assets of about $50,000. Sentonce will be pronounced Monday.


Article from The Richmond Palladium, February 3, 1907

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Article Text

GILMAN GUILTY OF TAKING BANK FUNDS I Jury Sustains Charge of Embezzlement Brought Against Goodland Banker. BANK FAILED 2 YEARS AGO AFTER THE INSTITUTION CLOSED ITS DOORS NOTHING WAS KNOWN OF GILMAN'S WHEREABOUTS UNTIL 3 weeks AGO. I (Publishers' Press.] Kentland, Ind., Feb. 2.-Fred D. Gilman, former president of the Home bank at Goodland, which suspended business June 11, 1904, was found guilty of embezzling funds of the bank. When the bank failed it owed depositors $243,000 with assets of about $50,000. After the failure nothing was known of Gilman's whereabouts until he was arrested three weeks ago at Bloomington, III., and brought to Kentland for trial. Sentence will be pronounced Monday.


Article from The Paducah Evening Sun, February 4, 1907

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Article Text

jury, and will resist any effort to make further changes. Dt has been decided by the navy department that $1,000,000 of the repair fund will be used to completely modernize the battleship Oregon, now at Puget sound, naval station on the Pacific coast. Four discharged negro soldiers of the Twenty-fifth infantry left E1 Reno, Okla., yesterday for Washington to testify before the senate committee that is investigating the Brownsville riot. Much interest is being shown in Lexington in the identity of those indicted for alleged fraudulent registration, and political leaders are trying in vain to find out the names of those indicted. Frank D. Gillman, former president of the Home Bank at Goodland, Ind., which suspended business on June 11, 1904, was found guilty yesterday of embezzling the funds of the bank. Eduardo Arneld, mayor of Cananea, Mexico, his brother and forty Americans have been placed in jail by the perfect of Hermosillo for gambling and permitting gambling. Threats against witnesses who testiffed against him were made by John Mallory, a negro, as he received sentence in the circuit court at Frankfort on conviction of robbery. Secretary Taft will visit the isthmus of Panama accompanied by a number of army engineers late in March and is scheduled to go to the Philippines in August or September. William J. Oliver, of Knoxville, the lowest bidder for the Panama canal, has gotten together as his associates some of the largest contractors in the United States. The senate investigation into the Brownsville affair will be begun by the committee on military affairs. Inquiry at the home of Thomas A. Edison in Orange, N. J., elicited a denial of reports in circulation that Mr. Edison is in bad health. One man was killed and six were injured near Linton, Ind., as a result of a ton of powder and a thousand pounds of dynamite exploding. Congressman William H. Flack, representing the Twenty-sixth district of New York, died at his home at Malone, after a long illness. The bill increasing the salaries of teachers and raising the standard for examinations was reported favorably in the Indiana senate. Representative Hepburn, of Iowa, made an attack in the house on the Chicago, to the gulf deep waterways project. Bids for about 75,000 steel shells for use of the big guns on the warships have been awarded by the navy department, The King and Queen of England are visiting in Paris incognito, as the Duke and Duchess of Lancaster. The site for the new Danville public building has been determined upon by the treasury officials. Gen. Isaac W. Starbird, who was prominent in the civil war, died in Boston.


Article from The Lake County Times, February 5, 1907

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Article Text

GILMAN FOUND GUILTY. Kentland, Ind., Feb. 4.-Fred G. Gilman, former president of the Home bank of Goodland, which suspended business June 11, 1904, was found guilty Saturday of embezzling the funds of the bank. Sentence will be pronounced todays


Article from The Clarksburg Telegram, February 7, 1907

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Article Text

# GILMAN IS GUILTY # OF EMBEZZLEMENT Of the Funds of a Bank and Will Be Sentenced To Prison. [By Associated Press.] KENTLAND, Ind., Feb. 2-Fred D. Gilman, president of the Home Bank at Goodland, which suspended business over two years ago was found guilty today of embezzlement of funds of the bank. The bank failed owing its depositors $243,000, with its assets $50,000. After the failure nothing was known of Gilman's whereabouts until arrested three weeks ago at Bloomington, Ill. Sentence will be pronounced Monday next.


Article from The Appeal, February 9, 1907

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Article Text

Embezzlement Is Proved. Kentland, Ind., Feb. 5.-Fred D. GIIman. former president of the Home bank at Goodland, which suspended business on June 11, 1904, was found guilty of embezzling the funds of the bank.


Article from The Plymouth Tribune, February 14, 1907

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Article Text

GUILTY OF WRECKING BANK. Banker Convicted of Embessling Large Sum of Money. Fred D. Gilman, former president of the Home bank at Goodland, which suspended business on June 11, 1904, was found guilty of embezzling the funds of the bank. The bank failed in 1904 owing depositors, it is charged, $243,000, with assets of about $50,000. After the failure nothing was known of Gilman's whereabouts until he was arrested three weeks ago at Bloomington, Ill., and brought to Kentland for trial.