9226. Jeddo State Bank (Jeddo, MI)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 22, 1925
Location
Jeddo, Michigan (43.152, -82.583)

Metadata

Model
gpt-5-mini
Short Digest
9d3e954c

Response Measures

None

Description

Articles describe the Jeddo State Bank as short and placed under a receiver; missing cashier Squire Langs created a shortage. No article describes a depositor run; court proceedings and receiver activity indicate the bank suspended and entered receivership/closure in late 1925–1926.

Events (4)

1. December 22, 1925 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank discovered to be short; cashier Squire Langs missing and a shortage/possible embezzlement was reported, prompting regulator hearing and suspension/closure actions.
Newspaper Excerpt
Judge Eugene Law granted the Jeddo state bank in a hearing officers of the and the state banking commission The ... 23. The Jeddo bank is short by insp
Source
newspapers
2. May 7, 1926 Receivership
Newspaper Excerpt
George C. Watson, receiver for the Jeddo State bank, is interested in the case believes Langs has an equity the property may be and which will cut down his shortage to some extent.
Source
newspapers
3. June 21, 1926 Other
Newspaper Excerpt
EXPECT $70,000 CLAIMS ON BANK Court Officials Open Hearing On Jeddo Bank ... George stated today that belief claims when they are all court be about 000 and payment about cents by notes by the bank.
Source
newspapers
4. September 8, 1926 Other
Newspaper Excerpt
Jeddo Bank Receiver Seeks More For Creditors An attempt to obtain additional payment to all creditors of the defunct Jeddo State bank will be made soon when a petition will be filed in circuit court ...
Source
newspapers

Newspaper Articles (4)

Article from The Times Herald, January 1, 1926

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Article Text

MUTT AND JEFF-Jeff Wants a Little Light Reading services sertoday Ford Motor go for opened control Teleby group The annual meeting of the Lake in Detroit today new Jefferson relieving tion in the hotel was of the St. was advertising men for is nearing and an the the new freed from the that pinioned him were for will It be ready Huron county this the was pool eight passed the the and High giving Sunday more address. ended the the arlet gan today. in the Boy Scout of the the being held to the The R central district of of in Port the ed the the Amund of $50 James Garfield Junior Leo building for the will be The of the of the Delegates is Trunk Park was was & that water by pay the city keeper of of Souof for the the of Santa in all Lake the the of of Port Hope being beverage wasput noon today tonight the caravan reand Chicago today was begun killed and iff game in Port began new : High school was street by the the street play Clarence in the Maine has as the rights were of of the was to The chased the Ottaway was elected company for the University of in school opened The killed and of day Huron services June the Port Huron storms follow heat wave and to trees and to send planes of the Amundsen Ellsworth which been received since they left struck this of the United started for assist 200 already on in the Chinese revolt in and war Port for for the by the of in deed the lighthouse by the Port today from the city governmen Park Sunday when persons made rooms. The troop Huron the Saginaw in annual of the Port Huron will met tion here as part of the Port Huron persons were elected offices the meeting Pearl and college pupils. week in the the of and for Roin Cleveland this expedition of the The of in the reported died Huron opened public Sept Huron man elected Electric M. De dedication first of today for the grand in to the Michigan were Huron for their club contest for the best guest in Hu was be after are Port Huron of Associated shakes the city this to two camp on of Port Hope of the school in July mail was between New York State was today shows city's Repair work on tracks taken over let for of the by appointboard of regents. few and the Fourth Port Huron of the Foundation school the High today large reg. camp for Hebrew Lakeport Leo and Mayor ultimatums regarding street Any cut or rates puted the city, Mayor McIlwain of the in the versary of Port lodge opens in the W. Summer opens arising taught evolution in the public Ford starts his sade the first affair at Harbor giving The against the Port Huron Sarnia Ferry $4,800 paid to officers on wages Huron wins the better of makes the this city has been honored First sod is turned for so new St. B. threatened to if the High addition of trespassing who operator for the Detroit radio son up messages from his The dehome cision in trial rendered and upheld the Tennessee as to allow High car beats in 103 New San for the The the promised the future give of the Port The on St. Clair is opened for traf- B. asked the D. the of the company was on Black Old Home week opened in "arnia today. found of the rus of six Selfridge to the Pacific from coast Girl Scouts of the left for camp at Papst grove city on the Lake Huron and More of Bad Axe brated craft of Port Huron club down clubs annual Port for Mackinac Island ron to Yachts on long race sale for the for in annual of The and Earl Paige & Co. formally Jennings Bryan died William Dayton, Tenn evolution battle which he was defending the engine in largest the came into Port Huron the Trunk this morning on between here and and run River road and the The tiot turnpike biles offimade by a the Suez. wins in the race the first place August Daily was pub. The lished 1. the first time 25 years is asked of the Permission city lines of the City fare on presented his 5. George Stewart Chamber of Clair or ers for of the from the Battle were in Port Huron way to London, Ont on 125th in fantry Camp Grayling for train is struck with county $20 The city for pavements meeting of 10. was in dians far as attended Mich as far north tle : Parry of the from to is will start the last expected that week attorney D. 12. receivers ask fare on the City Bina M. the Women's Benefit mander of was elected president of meeting in She this the New Hotel in The men of St. Clair raised 18. more than the necessary build the for of fall the the opening Huron completed boller explosion on the steamer Mackinaw near R. killed persons and severely 20. the The Good attended Clair drive for the hotel with total of coal miners are ing the for strike the of northeastern 24. teachers in the examination to teach in schools. work on the Twenty street was commenced. of 300 confirmed by Rt. Rev. Joseph Plagens, DeNew marriage license law takes effect in Port and in the state. 28. receivers for the D. U. R. the aid of the courts in raising fares on the City Electric lines. miners was issued today. Dinner W camp citizens of Port Huron compliment Miss Bina West on her recent election. 29. Judge Tuttle Detroit, asks the city of Port Huron to meet with D. R. officials to settlement of car problem. 31. Mining anthracite coal stopped at tonight, to the strike edict of the United Mine workers. Miss Marie Shannon as the prettiest in Huron to represent the city in the state pageant at Grand naval planes on the flight to Hawaii from San Francisco today will fly without stopping the island is reached. September I-Eleven new added the force of the city fire today Forest fires are raging in northern Michigan menacing of near and Mackinaw City airplanes on the flight reported as missing in the ocean Seaplanes Hawaii leave to search for The glant dirigible Shenandoah pieces in storm Ohio The commander and 13 of the and officers killed The board the blame of the on and does not blame the crew in way William Mitchell, air blames the navy the tragedy Sheriff Hagle of Sanilac county offers his then withas in restigation ends. The Wood the entry in Labor at the Detroit Boat capsizes and one man higan realtors meet in at Inn with officers of the Port Huron Real Estate board as hosts The of state filed petition today with the utilities that the American Telephone Telegraph company be made parties to the case in their attack on the Michi gan Bell Telephone company against increased Schools opened for the of real estate prosperity wave for the met today in an effort to solve the street railway problem flyers are found drifting in the Pacific after being lost for nine to the D. receivers to is to be commenced on the disaster and a court inquiry pointed by the President of the board 15-City bath house closes for the season of the community St. Clair the held new the of the season special and Lapeer engineer is $9 after an 21 Rev Bready. Detroit the Port Huron at Flint Trunk will file lift Black the Port Huron the for their October meeting service effect sailors are in as the H. Bready to his duties of the local M. E The Port Huron Ministerial Rev. who leaving the pulFirst M. church. pit commission may city ask the on question of vote the city today October for to the United ment of her war States found unacceptable at the of French finance meeting the commission and the American Debt in convention the American in Omaha meets of in to seek way to world peace. in the annual conasked the Electric railway to lower Senators beat the Pirate team in the first game of the world's series Pittsburgh. Merchants were holding lar day many of the Pirates win second game, tying the snow of the season fell today at noon. The United States Marine band appeared the Desmond theatre for two perPirates outplay the Sen ators in the fifth of the world' and to made record of flying miles an hour and won the prize in the Pulitzer race at Selfridge field Gould. Lapeer road engineer. is over to the circuit charge of fraud Near plant choses site for factory in East China Township. dinner in honor of Rep. Louis Cramton was given in the Armory with citizens of Port Huron farms are purchased by the Egyptian Portland pany and clay to last 60 years be obtained from the ed today that he would not run candidate for re-election as superintendent of the poor and director the Two candidates for mayor were named for election Permission to the Grand Trunk railroad company to build steel lift over Black river was granted by the board of supervisors today Junior college opened night school tonight The Ballentine Dry Goods company celebrated its fiftieth anniverstary in the same building today Detroit safety officials and engineers and members - the safety council were guests of the Chamber of Commerce and the Mueller company in Port today Voting in the primary election for city offices took place today. B. Sperry bought the O'Hearne block for $70,000. William Mitchell air chief faced the court in of his court election overthrew the Liberals now in power. 31-It today that the meeting of the seventh district American Legion and auxiliary will he held in Port Huron in December. November Clarence was in. augurated president of the University of Michigan today of city officers takes place. James A. Dunn was elected mayor: Hamilton Irving. public ertson, commissioner of public property Welfare league of Port Huron asks for $49,502 in the annual The chairmen of the groups for the 'elfare league drive were named. raged over the Great and Nine lives were lost in the on Lake Superior Community Chest fund reach 000 in first reported a total of parade. dance and the closing and stituted the celebration of Armistice day in Port Huron. annual clinical post conference of the was Harrington hotel held today in the than 50 doctors from more the Thumb district present. to total the Chest exceeding the Frank and of 10 plans for the the of road miles many Port Huron river. A great Mich people gan-Ohio game in Ann Arbor toEducation week American schools be observed fire damaged this and the Amazon torfer's drug store Sweets Sunday Clair River St. and held annual new replacing the modern building present the Huron Reamer Twist and in Bad will be of building an and Mayor suggests The $50,000 : the approximate leased to the nex be partly Alexander of Great Queen died of school will be laid St. Stephen's ceremonies by with Rev. Michael Gallagher, Detroit Huron Port associa gives reception to the public of the city holds a banquet in fire since the first in Port Huron and then in Lexington. day celeThanksgiving brated with church services and family dinners Squire Lange cashier of the bank. Proposed building code interest among the busi. ness men December 1. The Locarno treaty and col lateral signed by German and her principal antag onists Edward was in Port Huron today to speak The Detroit Edison company is planning new and Anthony at aboard an airtoday. 4. Federal prohibition arrested 19 in New Yorke thereby up the greatest on the Atwarrant is issued for the missing Squire Langs the Jeddo bank and $200 is found Congress convened today after the longest in years. Nicholas the and river and lake 000 account for ments. 8. The Woman's Benefit associa. tion buys block bounded by Military Chestnut Fourth and message President Coolidge as read today The village Marysville voted give the Detroit Edison company 30-year for sion of their gas mains into the industrial Mrs. B. Edey. national field of Scouts, Port Huron today annual udget mesage was delivered to 11. The petition of the Port Huron & Sarnia asking for be for hearing before the public utilities in sing. Dec. 16, it was announced today 12. The members of the L. O. T. the Maccabeer after great deal of discussion. was made state of the Veterans of Foreign Wars in Detroit. Federal Commercial & Savings will branch bank at and Thomas street announe today. 16. All of was included in the jurisdictic of Port Huron Boy Scout council a. decision the members of the Fetting, real estate dealer. granted building permits President Clarence Little M. issues liquor edict is attacked by memat special seathe Union 18 J. was elected president of the County Medical society the annual meeting. Col. William Mitchell. air chief is found guilty and suspended for five years without pay by order the military court. 21. The of business done during the shopping days any record, according to reports from local 22. Judge Eugene Law granted the Jeddo state bank in a hearing officers of the and the state banking commission The school destroyed by fire. 23. The Jeddo bank is short by insp Congress begins its 12-day vacation istmas, First snow assures a white Christ* 24. The United States Savings bank opened bond department today. Services many of the churches at midnight marked the beginning of Christmas day. 25. Family reunions, church services and parties celebrated between coal mine operators and miners Indicate settlement with the coming of the new year Charles KIIappeared last June and was eved to 1th his panion. returned to his and family Mercury goes below zero. 27. Seven degrees below zero sets record for early zero eather coldest Dec. 27 in Port Hu of the D. U. R. the United States district court negotiate obtain fare on Port Huron care or Port Huron cease and see good business era in the past and in the 29. takes over George State receiver. is Eva in taken back Ohio Don Carrigan elected president of Kiwanis tables building leaving Jan. to prepare noise and church services.


Article from The Times Herald, May 7, 1926

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LANGS SUED LAND CONTRACT Bank Receiver Is Interested, To Save Equity Squire Langs, missing cashier of the Jeddo State bank. Mrs. Langs and others were made defendants today in suit filed by George W. Simmons and Lena Simmons, his wife, for the deed to 160 acres of land in- The had contracted with Langs and other for the purchase of land. Langs not to be found and the purchasers have not obtained the deed to the property. George C. Watson, receiver for the Jeddo State bank. is interested in the case believes Langs has an equity the property may be and which will cut down his shortage to some extent.


Article from The Times Herald, June 21, 1926

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EXPECT $70,000 CLAIMS ON BANK Court Officials Open Hearing On Jeddo Bank. may the are to Henry for the of 31 claims of creditors depositors today. George stated today that belief claims when they are all court be about 000 and payment about cents by notes by the bank. The bond Squire missing of held by of been lected. for and by Mrs. read the court Langs made the reand of minor to facilitate the Those claims being for date all the of claimants with George said day.


Article from The Times Herald, September 8, 1926

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Article Text

STOCKHOLDERS Jeddo Bank Receiver Seeks More For Creditors An attempt to obtain additional payment to all creditors of the defunct Jeddo State bank will be made soon when a petition will be filed in circuit court requesting the court to order 100 per cent assessment on Henry for the George Capac, announced today. The bank. on authorization of Judge Eugene approval of the state banking comnow to creditors of per cent of the in claims allowed weeks ago by the court in stated today and other paper by Langs, missing the institution. might prove to be event be made creditors something than the cent now being them.' That will be tion of Mr. Baird thought today very improbable.