4921. National Bank (Jerseyville, IL)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
4952
Charter Number
4952
Start Date
January 5, 1927
Location
Jerseyville, Illinois (39.120, -90.328)

Metadata

Model
gpt-5-mini
Short Digest
b93b4d36

Response Measures

Full suspension, Books examined

Other: Receiver appointed and bank liquidated; dividends paid to depositors over following years.

Receivership Details

Depositor recovery rate
79.4%
Date receivership started
1927-01-15
Date receivership terminated
1931-01-15
OCC cause of failure
Fraud
Share of assets assessed as good
35.2%
Share of assets assessed as doubtful
36.4%
Share of assets assessed as worthless
28.5%

Description

Cashier Frank D. Heller's suicide (Jan 5–6, 1927) triggered a threatened run; directors closed the bank and an examiner was placed in charge. A receiver was later appointed (mid-Jan 1927) and the bank remained closed and liquidated over subsequent years (dividends paid 1927–1930). Classified as run -> suspension -> closure.

Events (7)

1. May 2, 1894 Chartered
Source
historical_nic
2. January 5, 1927 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was closed by directors/examiner following cashier's suicide and amid an examination that suggested possible improper condition of affairs; closure to prevent withdrawals and allow investigation.
Newspaper Excerpt
The bank closed and small crowd of depositors which gathered around the doors was told that no money would be paid out until the had been completed.
Source
newspapers
3. January 6, 1927 Run
Cause
Bank Specific Adverse Info
Cause Details
Suicide of long-time cashier Frank D. Heller amid an ongoing examiner inspection raised suspicion of shortages and prompted depositors to attempt withdrawals.
Measures
Directors closed the bank's doors and an examiner was placed in charge to ward off a run; limited withdrawals by a few depositors before closing.
Newspaper Excerpt
Prompt action by the board of directors shortly after noon yesterday, when news of Heller's suicide got around the town, prevented run.
Source
newspapers
4. January 15, 1927 Receivership
Source
historical_nic
5. January 17, 1927 Receivership
Newspaper Excerpt
Vance Sailer, bank examiner, who had started an investigation ... was placed in charge and the bank's doors closed ... a receiver was appointed January (article states receiver appointed later in January). (Article 6: '...appointed receiver January') (comptroller announced later). Horace H. Bancroft ... has been charge the affairs the National Bank since his appointment receiver January
Source
newspapers
6. April 14, 1927 Other
Newspaper Excerpt
Complaints of Creditors Over Lack of Information and Failure to Show Speed is the Cause. Horace H. Bancroft ... resigned; William Dellert ... been named the receiver of the National Bank of Jerseyville, the comptroller announced today Washington.
Source
newspapers
7. November 2, 1930 Other
Newspaper Excerpt
National Bank Receiver to Pay Dividend on Election Day ... The National Bank of Jerseyville was closed Jan. 5, 1927 following the suicide of its cashier, F. D. Heller and Federal Bank Examiner Sailer ... ordered a receiver appointed. ... dividends paid (35%, 25%, 10%).
Source
newspapers

Newspaper Articles (13)

Article from St. Louis Post-Dispatch, January 6, 1927

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BLOCK RUN WHEN National of Jerseyville, III., Checking to Learn Whether F. D. Heller Was Short in Accounts. Residents of Jerseyville, III., are waiting to learn if there is shortage at the National Bank of Jerseyville, which closed its doors yesterday after Frank D. Heller, cashier for 20 years, killed himself at his home. was learned from an authorltative source that the bank's fairs were not in proper shape month ago when national bank examiners called. It customary in such cases allow month's grace to remedy the condition. H. Cochran. president of the bank, told the by telephone that the examination of the progressed far enough to determine whether there was shortage. The bank had more than in deposits, and about 750 depositors. capitalized at $50,000. and had surplus of $20.000. Jerseyville's population is approximately 3500. Heller Was Active Head of Bank. Heller was the active head of the bank. Other officials. besides Cochran. are vice president, and L. E. Spangle, sistant cashier. Prompt action by the board of directors shortly after noon yesterday, when news of Heller's suicide got around the town, prevented run. The bank closed and small crowd of depositors which gathered around the doors was told that no money would be paid out until the had been completed. Van of St. Louis. National arrived Jerseyville yesterday morning and with Cashier Heller and other officials. Shortly after this conference went to his home for lunch He talked despondently to his wife and soon afterward shot himself in the head with revolver. Mrs. Heller said at the inquest, yesterday that had been melancholy for about three weeks and that his mental state had become more troubled during the last week. Salary $150 Month. More startling than the closing of the bank to the news that Cashier Heller might have been Heller. dignified man of 51, had been one Jerseyville's foremost citizens. Thinking back on his life now his friends say in surprised way: did live pretty high for bank Heller's salary for long period was month. but in recent years it was reported as much month. but more. As the case many small town bankers. he had number of irons in the fire, including stock in the bank. and his income in total was vague. Occupied 14-Room House. The Heller residence room frame house on the outskirts of town. The family always dressed well and had good automobiles. Cashier Heller stockholder in the Jerseyville Ice Fuel Co. and the Jerseyville Nursery How he to live as leading citizen, buy interests in other businesses and send daughter to Lindenwood College on salary of from to $150 month has become suddenly mysterious conjecture in Jerseyville. Before he killed and the bank closed few ever thought about Heller accepted as solid substantial business He was member of the Presbyterian Church and the Heller family socially prominent in Jerseyville. There two daughters, Helen, and Virginia, Heller's Jerseyville began when in work for the Nahe tional Bank errand boy. He the second largest stockholder in the bank. Walked 21 Miles to Vote. the ANCHORAGE Alaska, Jan. Charles E. Kartak Mayor, and Jim Lewis. Postmaster, of Birchwood. Alaska, trudged 21 miles to Anchorage cast votes of their district at the last general election.


Article from Evening Star, January 6, 1927

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BANK PREVENTS RUN AS CASHIER ENDS LIFE Officials Close Doors of Jerseyville, Ill., Institution When Rush Begins. By the Associated Press. JERSEYVILLE, Ill., January 6.Closing the National Bank of Jersey. ville by the directors yesterday prevented a threatened run on the institution shortly after Frank D. Heller, 51, cashier, ended his own life by shooting. An examiner who had been inspecting the bank's records was placed in charge of affairs. A few depositors withdrew their accounts, but the doors were closed before the run assumed serious proportions. Officials were silent regarding the bank's condition. Heller's wife declared that the cashier had been despondent for a month.


Article from Alton Evening Telegraph, January 6, 1927

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OFFICIALS OF BANK STILL SILENT AFTER CASHIER ENDS LIFE Failure of Examiner or Officers to Make Statement Regarded as OmniousHeller Ends Life Within Few Hours After Check of the Institution Started. was regarded in this case as the omen of bad forthcoming this afternoon from the National Bank of Jerseyville, the cashier of which, Frank D. Heller, Wednesday ended life within a few hours after national bank examiner had begun check of the institution. Neither the examiner, Vance Sailer, nor the president, A. H. Cochran, would make statement. President Cochran the Telegraph over long distance telephone that, since an examiner was in he would charge, have no statement to make, and he was unable to continued, whether the condition of the bank's affairs had any connection with the suicide of its cashier. Sailer, the bank examiner, was questioned this morning by correspondent of the Telegraph. have no report to make," hesaid. will have no report to until have made a thorough examination of the bank's Sailer and employes of the bank worked until 10 Wednesday, and were back on the today and at 2:30 this afternoon still were at work. But there was no word from them. The belief the grew stronger, as examiner's silence continued, that the bank's affairs were connected with the suicide of the cashier. This belief was based on the supposition that were the bank's affairs NOT involved, superficial examination of the books would have, shown this. The lengthy study of the bank's books with no assurance forthcoming caused Alton men experienced in banking affairs today to remark of the growing probability that there was connection between the suicide and the bank's condition, Silence, they said, was an omen and no news was today calmly waited time of the collapse the news First National estate Cross, its that was to from bank the debacle that up examiner the Jersey history the Alton, County Seat preceded few hours the Peoria which Cross suicide of the cashier. the bank came through The 4000 inhabitants had good shape and suspended seemed. though quiet life hard hit by the blow. the Everyone second great decade, banking believed the bank about citizen managed to clean all the up Cross who had ended his life paper, and nearly doors one their banks. The story the suicide of Heller, there little that after the had reached his wife would that point. not be home There waiting. noon time for the wait for had gone which home. wife said been would calm spirits for few that might He been due to the shock said he wanted nothing the by cashier the noon bank which the house, held the savings many. out the yard the barn, back the house Investigation the into bathroom bank's might where he shot himself with small reveal whether the condition had anything with the Heller Was Highly Esteemed suicide the cashier, Frank Mr. Heller's suicide removed from shot himself the life of death in the bathroom of his man ville had there life home few hours his after tional bank that he had worked examiner, Vance Sallor, the bank appeared check the institution. cashier during almost his banking career, over Anxiety Caused by Silence Ho regarded of The fact that the up today there most men Jerseyville, forthcoming the and undoubtbank, and that no hint edly the which he when statement might held had the effect staving expected, while the bank run the bank immediately maining after closed, caused that the suicide the might involved the Heller worked his fairs way from errand the dead was the boy and general that largest He complications president the the Jerseyville with Fuel while was activities. He the undergoing his by firing the bullet would have been from automatic into made quickly and the bank would brain before mirror have opened resume the his home. The widow statement and together with could be given today, number of sisters and all position make aged authentic statements was regarded Edward Nelson. vice-president of ominous. the bank, discredited One the stockholders today was ports that there asked anything wrong thought the bank the bank had would the take any suicide the cashier, there shortage being general tendency the Jerseyville outside and that he be. suspend until some official could but could based on bank facts, determined by the 000 capital had gation the bank's records by the and $1000 profits. national examiner. deposit making total of Depositors Are Calm The the bank cashier was great shock by only mild depositors bank, some whom withdrew their money. The bank directors held during and decided the bank by closing notice that the would closed signed by the and bank examiner. The the bank pleted last night and significant being by the bank examiner The bank. which Cochran president, regarded substantial That fact probably accounted for the lack of citement and the noss the movement to withdraw money after the news the suicide had been spread about Formerly Was Cross Bank The Bank Jersey. ville, suicide for many years known Cross presided Cross. Heller time connection with the was of the foremost


Article from The Rock Island Argus, January 6, 1927

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Cashier Kills Self; Prevent on Bank Jerseyville, III., Jan. the Associated the cashthe institution dead. the victim of his own and stampede narrowly averted among positors. directors of the National bank of Jerseyville reserved comment today the condition of the bank's finances. following the unexpected suicide yesterday of Frank Heller. 51. Vance Sailor. bank examiner. who had started an investigation of Heller's books. was placed in charge and the bank's doors closed to ward off "run" that threatened when half dozen persons, learning of the suicide, hastened to withdraw their deposits. Heller worked his way from errand boy to cashier and second Pargest He also president of the Ice Fuel company. and was in farm activities. He took his own life by firing bullet from 25 caliber automatic pistol in his brain as he stood before his mirror in the bath room of his home. His widow and two daughters, together with number of brothers and sisters and the aged survive. coroner's jury decided Heller ended his life "during temporary mental aberration. The widow said he had been eating irregularly, and acting noticeably unnatural.


Article from Effingham Daily Record, January 8, 1927

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BANK CASHIER KILLS HIMSELF RUN ON BANK Jerseyville, III., Jan. 6.-With the ashier of the institution dead, the vicim of his own hand, and a stampede arrowly averted. among depositors, lirectors of the National Bank of Jereyville reserved comment today on the condition of the bank's finances, folowing the unexplained suicide yesteray of Frank D. Miller, 51. Vance L. Sailor, bank examiner, the had started an investigation of Tiller's books, was placed in charge nd he bank's doors closed to ward off run that threatened when a half dozpersons, learning of the suicide, hasened to withdraw theft deposits, Miller worked his way from erand boy to cashier and second Inrgest tock holder. He was also president the Jerseyville Ice and Fuel Comany, and was prominent in farm acti(ties. He took his own life by firing bullet from a 25 ealibre automatic to his brain as he stood before a mirin the bath room of his home. The idow and two daughters together with number of brothers and sisters and aged mother survive.


Article from Alton Evening Telegraph, April 14, 1927

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BANK RECEIVER JERSEYVILLE Complaints of Creditors Over Lack of Information and Failure to Show Speed is the Cause. Horace H. Bancroft, insurance man Jacksonville, who has been charge the affairs the National Bank since his appointment receiver January resigned such official, his resigna. tion taking effect April William Dellert Springfield been named the tional Jerseyville, the comptroller the currency. announced today Washington. During past hree months Bancroft assisted in the work his Judge also and by Miss Grace Rothgar. Miss Rothgar highly recommended Vance Saller, examiner, who made complete examination bank's affairs prior to its closing January Miss Rothgar been connected receiverships during the past few years. She remain sist the and Miss Ruth Keyes Louis remain. Depositors More Rapid Progress Some of the depositors of the bank became dissatisfied with the being made the liquidation the bank's affairs, and took action toward expediting the work. had been the of the of the bank that there good why the giving of mation as the condition should long delayed. Statements made by those interested the bank indicated that was difficult learn anything about and when attempted to too found The Telegraph obtained some from other than of ficial and published and that very evening following rival Telegraph from official charge of the bank. The the became more and more finally deemed these employ counsel confer with the comptroller currency, Attorney Doyle Washington confer Mr. McIntosh the the depositors. result that Goodheart, inspector receiverships, arrived in recently tion the bank. thought the latter this week celver be named the bank, and Mr. assist him work for time until with conditions. Mr. in wiring the of the Washington, Monday, said: receivership the National Bank entails constant which unable to give consistently with business. therefore my resignation receiver of the National Bank of Jerseyville, take effect upon the appointment


Article from Belleville Daily Advocate, April 14, 1927

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BANK RECEIVER April receiver the NaJerseyville, Illinois, the announced today.


Article from Alton Evening Telegraph, July 12, 1927

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JERSEYVILLE Depositors to Receive 35 Per Cent Dividend from National Bank Depositors of the National Bank Jerseyville, which January closed its doors by order of the treas. ury were todny receiving dividend amounting to 35 per cent of their deposits in the bank at the time closed. This dividend Was recommended on June by Receiver William R. Dollert, and Monday 500 checks totaling $115,000 were for distribution by Mr. Dellert. the same been sent to the the currency on June for signature. This of money all claims proven and accepted to June In order to receive this money, positors must bring the bank their receiver's certificate which was given mailed to them the time they filed their claim with the receiver. This certificate receipt for the amount they had on deposit, and the money paid to them on the dividends must endorsed on the back thereof. The depositors' committee. of which Smith is chairman, greatly pleased with the progress made by Dellert since he assumed control less than days ago. At that time there was hardly sufficient money on hand to meet reserve ments, and this period of time Cert has succeeded in collecting largo sums money. possible this per dividend. With general conditions such as they are community, bank failure and poor crops, Mr. Dellert desreves especial credit for the manner in which he has conducted the affairs of the receiver. ship since he assumed after the of Horace H. for three months was in charge of the bank receiver. Pienic in Honor of California Guests Mr. and Kirby and daugh. ter, Sara Elizabeth, of Los Angeles, Calif., who are guests of friends this city, were honor guests at pic. nic supper given Rock Springs park Alton Monday evening. Among those attended were Mr. and Mrs. Kirby and daughter, Mr. and Mrs. R. daughter, Mr. and Mrs. Page, Dr. and Mrs. R. Gledhill, 5011, Robert, and daughter, Mary Florence. Herbert Bertman, Miss Lois Parker of Louis, Newton Set. tle of Cape Girardeau, Mo., Hon. and Mrs. Charles H. Strong of New York City, and Mr. and Mrs. Wm. Boyn. ton of Alton. After supper the party guests at Riverview park and the home. Calf Club Met Monday Night The regular of the Calf club of Jersey county was held Monday evening the home of Mr. and Massey, southwest or this city, their daughter, Miss Lois, being member the club. The members made their usual reports on their calves at the business meeting, after which social hour spent, 4H Clubs to Have and Contest The four 4H clubs of Jersey county are have county demonstration and judging contest Thursday after. noon, July 21, the Presbyterian church basement. Miss Mary Grady of the club extension of the University of Illinois, to be here to judge the contest. Two teams from each club will contest, one to put on the other to judge the garments brought from the U. that purpose. The winners of this county contest are to go to the dis. trict to be hold in Jackson at which time they will compete with the various winners from this These clubs been organized within the past few months have members enrolled. Club No. Friendship has its leader Mrs. Jumes Downey with Mrs. Finis Dow. ney Miss Ella Ryan leader of club No. or the Okay club, with Miss May Tracy as assis. tant. The Fidelity club leader Mrs. Tuetkin. and the are Mrs. Ralph Ewin and Mrs. Gebhart. The Delhi club for Its leader Mrs. Clarence Sunderland, and her assis tants Mrs. Sunderland, Mrs. Rue, Mrs. Orville Breit. and Mrs. Herman Schafer. Celebrates Birthday Anniversary W. H. Hunter was honored Sunday when his daughters entertained at family reunion at the Hunter home In honor of his birthday an. niversary. The event was complete surprise to Mr. Hunter. About guests were present, and among them were the following from out town: Mr. and Mrs. Melvin King and dren, Julia and Donald, of Wichita, Kas.: Mr. and Mrs. Joseph King of Eldorado, Kas.; Mr. and Mrs. George Parker. Miss Florence Parker. Mr. and Mrs. James Parker, and daughter, Miss Elizabeth: M. and Mrs. Fred Parker and family, all of Chesterfield; Mr. and Mrs. Watson Towse, Mr. and Mrs. Pressler and son, John Wat. son; Mr. and Mrs. James Eldred and Miss Laura Eldred. Misses and Ruth Eldred, and John and Allen Eld. red of Carlinville, Mr. and Mrs. Rich. ardson Stevenson of Medora, and Mrs. Samuel Stevenson of Louis. Personals Alphonse Bertman had his guest Friday, August Glesen of Jersey City, Mrs. Marmaduke Fox. who has spent the past few weeks with her brother and Mr. and Mrs. Theodore Hagel in Jacksonville, returned last week to her home in this city. She was accompanied by Mrs. Theodore Hazel and daughter, Miss Louise, and Mrs. Leonard, who will be her guests few days. Miss Evelyn Wilhelm, was guest the past week at the home of Mr. and Mrs. John Bertman, turned Saturday to her home in St. Louis. Mr. and Mrs. Harry Gorham and family and Mr. and Mrs. Bert Cornwell motored to St. Louis Sunday and spent the day at Forest Park High. lands. Stewart Fox of Louis, spent the week-end with his mother, Mrs. Marmaduke Fox in this city. Mr. and O. Metcalt of Petersburg. Fla., are guests for week of their Mrs. win, and daughter, Miss Harriet Er. win. Mrs. Harry McReady and four chil. dren arrived the latter part of the week to be guests for weeks the parents, Mr. and Mrs. William Richards.


Article from Alton Evening Telegraph, January 19, 1928

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Jerseyville Louis Man Held in to Loot with spiracy Heller Cashier Who Suicided Was Liberal The Federal grand jury in session Springfield yesterday returned against Roberts Louis, charging him with contributing the breaking the NationBank Roberts has been arrested St. Louis also on of using the mails defraud charge with Bottomley, star first baseman Cardinals, accuses Roberts the the indictment for helping break the Jerseyville bank, came Jerseyville withhold publicity had already and under in St. Louis on charge. accusation in connection with the failure of the National Bank Jerseyville that Roberts conspiracy Frank Heller, bank cashier. Roberts would deposit notes collateral, signed his friends, of little value. would borrow sums on this collateral. tion large himself, than the bank right lend under the law any These loans not turned out assets the attempt tle banks The fact that the had been found Federal grand made known by the bank expected that the will made the bench warrant under this indictment. Rumors that others have been these rumors correct receiver for bank will stateeither to deny. filing against estate of Frank $233,000 Bank bility suppressed checks The balance, on Heller's stockholder. The other claims William Shepherd, Mrs. Cora Cooper, Aetna Casualty Surety Co., $2,500; Elmer guessed by Jerseyville people that be worth $15,000 It consists fine home, value which great comes to of its size. There other estate which have been found to clear represent equities. percentage to the creditors under these claims will be trifling.


Article from Alton Evening Telegraph, November 2, 1928

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Jerseyville News Warrant for Wheat Thief Issued on Complaint of Elsah Man-Deserts Plunder at Whitehall Elevator A warrant was issued this week for the arrest of man who deserted A truck load of wheat at the Hicks and Potts elevator in Whitehall two weeks ago, and which was thought to be the property of an Elsah man on whose complaint the warrant was issued. According to reports, R man drove to the Whitehall elevator carly one morning with the wheat and at. tempted to dispose of it. When asked his name and where he was farming he stated he was not farming but had purchased the wheat from R certain district In Greene county. The clevator employe formerly lived in that district and knew the wheat was not likely to cotrie from that place. When the wheat was unloaded the elevator employe told the driver he would have to identify him before Issuing check and would call the chief of police. The wheat truck driver agreed to the proposition and said he would fix the tires on the truck while the elevator man was away. climbed Into the cab of his vehicle and drove away at a rapid rate of speed without waiting for his money The incident was reported to Sheriff Jule Hubbard of Carroliton who notified Sheriff Charles Schlansker of Jersey county. Investigation disclosed that an Elsah township man had lost wheat about the time the wheat was delivered to the Whitehall elevator and upon his complaint R warrant was issued for n suspect. Names have been withheld by the authorities pending the arrest of the suspected Jerseyville Physician Plaintif In County Court Sult The suit of Dr. C. F. Lewis against William F. Shephard, administrator of the estate of Henry A. Shephard, deceased was tried in the county court Tuesday before Judge Fred W Howell, and the action was decided in favor of the defendant. On July 21 Dr. Lewis filed R claim against the Shephard estate for $2000 for services rendered to H. A. Shephard during his illness of six months' duration. The evidence Tuesday revealed that the administrator had paid $1,000 of the claim but refused payment of the other thousand claiming that the charges were exhorbitant. The plaintiff's evidence showed charges of 85 per call and $25 for all night service and all day service. The defense introduced two local physicians to testify as to their fees under similar circumstances and as to what the local bill of physicians called for. National Bank Receiver to Pay Dividend on Election Day Wm. R. Dellert. receiver for the National Bank of Jerseyville, announeed this week that the third dividend will be paid in the depositors of the defunct institution on election day. Nov. 6. The first dividend paid under the present receivership was 35 per cent, the second issued last March was for 25 per cent, which together with the one to be issued Tuesday which will be A 10 per cent dividend, brings the total up to The National Bank of Jerseyville was closed Jan. 5, 1027 following the suicide of its cashier, F. D. Heller and Federal Bank Examiner Sailer who investigated the condition of the institution at that time ordered a receiver appointed. A receiver was appointed n week later and continued for R period of three months when the present receiver took charge. Since that time the liquidation of the assets of the bank has gone forward with the paying of dividends. A fourth dividend will be paid later. according to Receiver Dellert but he did not make public the percentage of same. Three Recent Accidents Result in Broken Bones Three accidents, occurring within the past few days, resulted in painful injuries to local residents. Sylvester Long of Fidelity was run over Sunday afternoon by/his own 027 and sustained five fractured ribs and numerous outs and bruises. Mr. Long, not knowing his car was in gear, attempted to crank it. The machine started forward, knocked down its owner and ran over him. Long was given medical attention by a Jerseyville physician and is getting along nicely. Herbert Moore. who resides about eight miles out on the Shipman road, also suffered a painful injury Several days ago when he slipped and féll in the barnyard at his farm. hurting his left leg. At the time of the accident, it was thought Mr. Moore had merely sprained his ankle but when the injury grew worse an X-ray was taken and disclosed that the smalelr bone in the leg had been broken above the ankle. Carl E. Norris suffered & fracture of the bone in his right arm late Monday afternoon while attempting to crank a Large truck in which he was hauling limestone. Mr. Norris was take nto the office of Dr. B. A. Marsden duced. where the fracture was reMiss Evelyn Crane Elected Carnival Queen at J. T. H: S. At the annual Halloween carnival staged by the students of the Jersey township high school Tuesday evening, Miss Evelyn Crane of Fidelity, the senior class candidate, was elected carnival queen. During the past two weeks, all the classes have been working hard to elect their candidate and the winner was not announced until the coronation ceremonies which took place Rt 7:45 Tuesday evening. The other contestants, who served as maids of honor in the ceremony, were Miss: Lena Bruggemann, junior; Miss Della Day, sophomore, and Miss Thelma Gilleland, freshman. Miss Day, the sophomore entry, won second place. The carnival was a decided success both financially and socially. Half of the proceeds will be given for the educational building at the Jersey county. fair grounds and the remainder divided among the different organizations of the school which sponsored the carnival. The minstrel show which was given at 8 o'clock in the assembly was witnessed by approximately 600 people. After this production the revelers attended the seven different sideshows which were all presented in a mannr creditable to the students and directors. Alton Youths End Sight-Seeing Trip with Jersey County Sheriff An attempt to see the world on the part of Henry Kenard, 14 years of age, and Kenneth Oatman, 16 years of age, ended disastrously for the pair when Night Officer John Andrews saw them get out of a car in Jerseyville and begin wandering about the streets of Jerseyville. The boys each had a flashlight and a pocket knife and they made an effort to sell the articles to some of the local merchants. presumably to raise funds to continue their journey. They were taken into custody under suspicion and turned over to the sheriff's office for further care and investigation. When picked up the two boys were inadequately clad and were shivering with cold. Oatman had on n pair of old trousers and a short and cap while Kenard was minus over his a cap shirt. and was wearing vest The boys were given lodging at the sheriff's residence Monday night and Tuesday morning were questioned by State's Attorney Chappell regarding the manner in which they came into the possession of the flash lights and knives they had. The two gave satisfactory explanations and were finally released from custody Alton. and started back to their home in Kenneth Oatman is the son of Lester Oatman who is employed by the Illinois Terminal System as a switchman. He stated that his mother was dead and that he and his father have been living together at 5414 Broadway. Kenneth stated that he did the cooking and the housework while his father was employed. in He Alton graduated last from the eighth grade year. Henry Kenard is the son of Mrs. Minnie Kenard and stated that he resided with his mother at 1218 Exchange street in Alton He is a student in the Lincoln school at Alton and is in the seventh grade. The boys, according to their story, had started from Alton Monday evening with a man who lives in Jerseyville. They did not know the name of the man who gave them the ride, but knew that he lived In this city. They solletted a ride from him early Monday afternoon and the man told them to be at his place of work at quitting time and he would bring them to Jerseyville. The intention of the boys was to go to Carrollton and visit an aunt of Kenard, a Mrs. Ruth Sweinstecker,


Article from Alton Evening Telegraph, November 16, 1928

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College Editor The Daily Cardinal. University of Wisconsin student publication claims to be one of the largest college Journals in point of circulation in the nation, Maybe it is because Miss Majorie Droppers. above. from Milwaukee, Is editor of the paper. She is senior in journalism at Madison. Monday, Nov. 26 and continuing through the week until Saturday night. Dec. 1. The exhibit will be held in the old Myers livery barn. near the Jerseyville marble works. L. G. Householder of Bonaparte. Ia., R member of the American Poultry Association who has very satisfactorily judged previous exhibits, has been secured by the association to be with them again this year The awards will consist of four silver trophies. cash and merchandise The officers of the organization in charge of the exhibit this year are as follows: C. Z. Bell. president: Walter House, vice-president: M. M. urer: Charles E. Kndel. show secretary. The show committee 15 composed of the following: Roy Lifets, Francis Springman, Joe Foster, Henry Lifets and Ross Graner. Miss Pritcheit Clerk for National Bank Receiver Miss Charlotte Pritchett has RCcepted the position RS clerk to W. R. Dellert. receiver of the National Bank of Jerseyville in his work here with that defunct Institution She succeeds Miss Joyce Reeves of Illiopolis, III., who has occupied that position for the past year and who leaves ssoon for her home. Miss Pritchett was secretary for the firm of Chapman & DuHadway pointed by the lodge R$ their meetin this city and in Alton for a num- ing Tuesday night to outline the work. formulate rules. etc.: Byron ber of years. Coultas, A. L. Dunsdon and A. F. Elks to Stage Billiard Tournament Once more the great sports of bilTrauncoker Farm in Rosedale Hards will hold the Interest of JerSold this Week sey county citizens when the Elks The 80-acre form of the late John lodge begin their annual tournament Traunccker of Rosedale was sold Plans are about completed for the this week to Mr. and Mrs. George contest which will be held in the Kirchner for a consideration of very near future. The tournament $3275. last year was played before R packed house each night and everyone is The climbing perch has become so invited to participate again in the adapted to land that it is drowned contest this put in water. The following committee was ap-


Article from Alton Evening Telegraph, November 22, 1930

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for Praise of For Vote Gift Money Son to Show Appreciation Hear Receive Last Depositors Payment from Closed Institution Nov. of the defunct Bank of Jerseyville when National morning hear met Thursday and receive final final report tlement of the bank receiver were mood far different from what in might have expected to they far from the gloom and cry spondency which overshadowed Jerseyville in the days when the bank went broke, to Thursday when the creditors felicitating with the receiver bank over his good work. They raised fund to be put out interest gift to the little the receiver token their preciation the services of father. Before crowd which taxed the capacity of the Circuit in court house, Delreceiver the defunct National Bank Jerseyville, gave to the desopistors that institution brief outline of the work plished during the three half which been charge the liquidation of the bank's affairs As the receivership involved technumber which culminated in legal was impossible detailed count but Dellert general operation the trust since April, 1927, the time he took charge. The meeting presided ovr Leo of the positors' committee, expressed the depositors the work Mr. Dellert had done. the of Dellert's address rising vote of thanks given those present and then excused from private meeting the depositors when more substantial evidence of appreciation voted. At the suggestion of Chairman Smith, order satisfactory ership which had unexpectedly them amounting cent of their raised per small fund which the Illinois placed National Bank of Springfield Dellert's son, Billy Smith started the fund with contribution idea erous received by the others the meeting the final dividend checks the Jersey State Bank where maintains his all day streams of positors the old National Bank lined the lobby of the bank and the outside, waittheir reciver's ing to their final and idend from the institution. All not called for their dividend are urged do before the end Dellert close Receivership possiand his final When the receiverthe old books ship burned. records the forwarded receivership comptroller of the currency the together with all called for dividend work to obtain will involve lot dividend checks from once placed there, after they states would Dellert advantage all depositors before the collect their checks ceivership closed here.


Article from Alton Evening Telegraph, June 6, 1931

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National Bank Jersey Passes Into Oblivion as Up in Smoke An Appreciation Managing Alton Evening Telegraph, Alton, Illinois. Dear Cousley:want to thank you for the two copies your paper just received, May 25th, covering Dads' Club dinner, June 4th covering the Corner Stone ceremonies at sah, not mention your editorial the issue June 4th. whole setup the specarticle page nine very indeed, and you have handled the whole item beautiful and interesting manner. Evidently you have caught the spirit Principia, and that the work doing the will deepen with you as time With kindest regards and thanking you again, remain, EDWARD D'ARCY. Receiver Burns Files on Order of Comptroller Of Currency June (Special) The last tangible records of National Bank of Jerseyville, which leading bank this city, perished afternoon William R. Dellert, of Springfield, receiver for the defunct institution, applied match to the old bank books, ledger sheets, certificates papers remaining his possession. The pyre was built at Homeridge farm, country home Attorney Theodore Chapman Chicago, president the Jersey State Bank, where the documents were carried truck. During the process of liquidation the assets the National Bank Dellert kept the books the institution Jersey State Bank, which the occupies building formerly used by the old National Bank. The destruction the books of the defunct bank Thursday was by direction the comptroller currency Washington, The National Bank suspended Jan. 1927, following the suicide of Frank Heller, cashier. Horace H. Bancroft receiver Jan. 17 of that year served until April 15, 1927, when Dellert assumed the Dellert charge years during which time amounting 80 percent of their deposits the The final paid Nov 1930 and the closed December, The National Bank account was closed that time port the final liquidation of the turned to the comptroller Washington. Although there has been work attached straightening out final details past few Receiver Dellert and his Clerk Miss Charlotte Pritchett, have not received salaries during this period as final counting had been made the funds payroll was available. With the remnant the bank's Thursinstitution into passes history.