Bank of Wauseon (Wauseon, OH)

Episode Information

Episode UID
953840691373
Episode Type
Suspension โ†’ Closure
Bank Type
private
Bank ID
95384069 hash
Start Date
May 29, 1914
Location
Wauseon, Ohio (41.549, -84.142)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
aaf356e1ba36b9b7

Response Measures

None

Events (3)

1. May 29, 1914 Receivership
Newspaper Excerpt
All persons holding claims against Bank of Wauseon, or claiming in any way the right to participate in the assets in the hands of Horton Rorick, Receiver herein are hereby notified
Source
newspapers
2. May 13, 1915 Other
Newspaper Excerpt
by virtue of an order made and entered in this cause on the 13th day of May, 1915 ... William G. Nichols, Receiver, was authorized and instructed to sell ... all of the remaining assets of The Bank of Wauseon
Source
newspapers
3. July 16, 1915 Other
Newspaper Excerpt
the undersigned is now authorized to pay a final dividend to creditors and depositors of Bank of Wauseon and Wauseon Savings and Trust Company. Depositors and creditors who filed their claims ... will be paid their dividends
Source
newspapers

Newspaper Articles (8)

Article from Fulton County Tribune, May 29, 1914

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Article Text

# NOTICE TO CREDITORS # OF THE BANK OF WAUSEON In the District Court of the United States Northern District of Ohio, Western Division. Addie L. Barber, against, Ed. L. Barber, Herbert A. Barber and Sophie L. Barber. In Equity. No. 10. All persons holding claims against Bank of Wauseon, or claiming in any way the right to participate in the assets in the hands of Horton Rorick, Receiver herein are hereby notified that the undersigned has been appointed Special Master in the above entitled cause to hear and determine all such claims, and that you are ordered and directed to forthwith make and file proofs of such claims with said Special Master, on or before June 20, 1914. Such claimants as have heretofore transferred their claims to Security Caving Bank & Trust Company, Trustee, are not required to make proof, but proof shall be made by said trustee. Claimants who neglect or refuse to make and file such proofs or or before June 20, 1914, shall be barred from participation in any distribution of the assets herein. J. W. Wilson, Special Master, 17 Federal Building, Toledo, Ohio. 7-2 Marshall & Frazer Attorneys, Toledo, O.


Article from Fulton County Tribune, June 5, 1914

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Article Text

# NOTICE TO CREDITORS OF THE BANK OF WAUSEON In the District Court of the United States Northern District of Ohio, Western Division. Addie L. Barber, against, Ed. L. Barber, Herbert A. Barber and Sophie L. Barber. In Equity. No. 10. All persons holding claims against Bank of Wauseon, or claiming in any way the right to participate in the assets in the hands of Horton Rorick, Receiver herein are hereby notified that the undersigned has been appointed Special Master in the above en- titled cause to hear and determine all such claims, and that you are ordered and direct- ed to forthwith make and file proofs of such claims with said Special Master, on or before June 20, 1914. Such claimants as have here- tofore transferred their claims to Security Saving Bank & Trust Company, Trustee, are not required to make proof, but proof shall be made by said trustee. Claimants who neglect or refuse to make and file such proofs on or before June 20. 1914. shall be barred from participation in any distribution of the assets herein. J. W. Wilson, Special Master, 17 Federal Building, Toledo, Ohio. 7-2 Marshall & Frazer Attorneys, Toledo, O.


Article from Fulton County Tribune, June 12, 1914

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Article Text

BARBER BANK NOTES. We have received several inquiries from holders of notes which were given by the Barber Bank officials to the depositors in either the Bank of Wauseon or the Wauseon Savings & Trust Co., in regard to the legal notices that have appeared in the Tribune for the past two weeks to those having claims against either of the above institutions. We have been informed by representatives of the receivers that holders of the Barber notes do not need to file any claims as all such notes are held by the Security Bank & Trust Company of Toledo as trustee and the filing of proof of such claims will be filed by that institution.


Article from Fulton County Tribune, May 21, 1915

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Article Text

LEGAL NOTICE. IN THE DISTRICT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF OHIO, WESTERN DIVISION. ADDIE L. BARBER, et al Complainants, vs HERBERT A. BARBER, et al, Defendants. NOTICE OF SALE OF ASSETS OF THE BANK OF WAUSEON. Notice is hereby given that, by virtue of an order made and entered in this cause on the 13th day of May, 1915, upon the application of William G. Nichols, Receiver, for instructions in regard to the sale of certain assets and property of The Bank of Wauseon, said receiver was authorized and instructed to sell, at public sale, all of the remaining assets of The Bank of Wauseon, enumerated and described in the schedule attached to his said application at the office of William G. Nichols, Receiver, numbers 324-325 Nicholas Building in the City of Toledo, on the fifth day of June, 1915, at 10 a. m. The assets to be sold consist of a one-fourth interest in certain real estate in Middle Bass Island, Ottawa County ; miscellaneous promissory notes, including notes of Frank Ham and others and corporate stocks and bonds, including the following: 1685 shares of Central Home Telephone Company common stock. 3 First Mor gage Bonds of Paducah Home Telephone and Telegraph Company. 2 First Mortgage Bonds of Shreveport Home Telephone Company. For a description of the other assets and property to be sold, reference is hereby made to the schedule attached to the receiver's application, on file in this cause. Terms of sale will be cash on delivery, and in case of real estate, cash on delivery of properly executed deed conveying good merchantable title. Dated at Toledo, this 14th day of May, 1915. WILLIAM G. NICHOLS, Receiver. BROWN, GEDDES, SCHMETTAU AND WILLIAMS, Solicitors for Receiver. 6-2


Article from Fulton County Tribune, May 28, 1915

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Article Text

LEGAL NOTICE. IN THE DISTRICT COURT OF THE UNITED STATES FOR THE NORTHERN DISTRICT OF OHIO, WESTERN DIVISION. ADDIE L. BARBER, et al Complainants, VS HERBERT A. BARBER, et al, Defendants. NOTICE OF SALE OF ASSETS OF THE BANK OF WAUSEON. Notice is hereby given that, by virtue of an order made and entered in this cause on the 13th day of May, 1915, upon the application of William G. Nichols, Receiver, for instructions in regard to the sale of certain assets and property of The Bank of Wauseon, said receiver was authorized and instructed to sell, at public sale, all of the remaining assets of The Bank of Wauseon, enumerated and described in the schedule attached to his said application at the office of William G. Nichols, Receiver, numbers 324-325 Nicholas Building in the City of Toledo, on the fifth day of June, 1915, at 10 a. m. The assets to be sold consist of a one-fourth interest in certain real estate in Middle Bass Island, Ottawa County; miscellaneous promissory notes, including notes of Frank Ham and others and corporate stocks and bonds, including the following: 1685 shares of Central Home Telephone Company common stock. 3 First Mortgage Bonds of Paducah Home Telephone and Telegraph Company. 2 First Mortgage Bonds of Shreveport Home Telephone Company. For a description of the other assets and property to be sold, reference is hereby made to the schedule attached to the receiver's application, on file in this cause. Terms of sale will be cash on delivery, and in case of real estate, cash on delivery of properly executed deed conveying good merchantable title. Dated at Toledo, this 14th day of May, 1915. WILLIAM G. NICHOLS, Receiver. BROWN, GEDDES, SCHMETTAU AND WILLIAMS, Solicitors for Receiver. 6-2


Article from Fulton County Tribune, July 16, 1915

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Article Text

NOTICE TO CREDITORS. Notice is hereby given that the undersigned is now authorized to pay a final dividend to creditors and depositors of Bank of Wauseon and Wauseon Savings and Trust Company. Depositors and creditors who filed their claims with the Special Master will be paid their dividends upon presentation of pass books, certificates of Deposits or other evidence of claims to the undersigned at his office, 325 Nicholas Building, Toledo. NOTE. Depositors who accepted so-called Barber notes will be paid their dividends by the Security Savings Bank & Trust Company. 14-2 W. G. NICHOLS, Receiver.


Article from Fulton County Tribune, July 23, 1915

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Article Text

NOTICE TO CREDITORS. Notice is hereby given that the undersigned is now authorized to pay a final dividend to creditors and depositors of Bank of Wauseon and Wauseon Savings and Trust Company. Depositors and creditors who filed their claims with the Special Master will be paid their dividends upon presentation of pass books, certificates of Deposits or other evidence of claims to the undersigned at his office, 325 Nicholas Building, Toledo. NOTE. Depositors who accepted so-called Barber notes will be paid their dividends by the Security Savings Bank & Trust Company. 14-2 W. G. NICHOLS, Receiver.


Article from Fulton County Tribune, July 23, 1915

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Article Text

BARBER DIVIDENDS Creditors of The Barber Banks Receive Nine Per Cent, Dividend-891 Notes Presented Monday and Tuesday-Further Dividends Promised. To many of the holders of the notes of the Barber Banks the money paid by The Security Savings Bank & Trust Company as dividends on the face of the notes they held, last Monday and Tuesday came as an unexpected gift, for many of them had given up all hope of ever getting anything at all from this source. Those creditors who had declined to take Barber notes in exchange for their vouchers of claims against the Bank of Wauseon and the Wauseon Savings & Trust Company were paid their share of dividends by the receivers of these banks in Toledo. Holders of notes were paid their dividends of 9 per cent. by the banking firm named above on Monday and Tuesday in the old banking room of the Barber banks, now occupied by the Expositor officeThe office was thronged with note holders both days and when the office hours ended on Tuesday it was found that of the 1183 notes that had been issued and recorded, 891 had been presented, leaving 292 still to be heard from. Many of this last number will be presented for payment of dividends at the Security Savings Bank & Trust Company in Toledo and holders of notes who live at a distance may secure their dividends by sending their notes by mail to the above banking firm, Superior street, Toledo, inclose self addressed envelope and return postage; check for the amount of dividends due and the notes properly endorsed will be returned to the sender. The claims against the banks covered by the notes amount to $495.585.22; the total amount of dividends to be distributed is $44,602.67. The Committee of creditors, consisting of C. C. Handy, F. L. S. Darby and J. H. Johnson. reports that there are outstanding $495,585.22 par value of Barber notes, all of which are equally secured by the deposit with The Security Savings Bank & Trust Company, of Toledo, Ohio, of the following stocks and bonds, viz.: $50,000, par value of the preferred stock of Home Telephone Company of Mobile. $300.000, par value. of the common stock of the Home Telephone Company of Mobile. $225,200. par vlaue. of the 5 per cent. bonds of the Home Telephone Company of Mobile. In addition to the foregoing stocks and bonds, The Security Savings Bank & Trust Company also holds as security a cash balance of $734.86. Within a short time the interest on the'Mrhile bonds amounting to $5,360 will be paid. and thereafter each six months a like amount will be paid so that there should be paid in the Security Bank & Trust Company each year the sum of $11.260. being the in terest on the $225.200 of Mobile bonds. The above-mentioned $225.200 of set