5420. First National Bank (Amo, IN)

View Charter #8154 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
8154
Charter Number
8154
Start Date
June 16, 1934
Location
Amo, Indiana (39.688, -86.614)

Metadata

Model
gpt-5-mini
Short Digest
493d2285

Response Measures

None

Description

Articles (two copies) report the First National Bank of Amo as 'defunct' and mention a liquidating agent (W. Benton Newlin) and a suit to remove him and appoint a receiver. No run or temporary suspension described in the text; bank is in liquidation/closure as of the article date.

Events (4)
1. March 31, 1906 Chartered
Source
historical_nic
2. January 18, 1932 Voluntary Liquidation
Source
historical_nic
3. June 16, 1934 Other
Newspaper Excerpt
It is alleged the agent has failed to protect the funds of the bank and asks that on his removal a receiver be appointed.
Source
newspapers
4. June 16, 1934 Receivership
Newspaper Excerpt
Removal of W. Benton Newlin, liquidating agent of the defunct First National bank of Amo, is asked ... and asks that on his removal a receiver be appointed.
Source
newspapers

Newspaper Articles (2)
1. June 16, 1934 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, June 16, 1934

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Article Text

Bank Agent Sued By Times Special DANVILLE, June 16.-Removal of W. Benton Newlin, liquidating agent of the defunct First National bank of Amo, is asked in a suit filed in Hendricks circuit court here by Fred G. Shirley and Walter M. Hodson, stockholders in the institution. It is alleged the agent has failed to protect the funds of the bank and asks that on his removal a receiver be appointed.

2. June 16, 1934 The Indianapolis Times Indianapolis, IN
Article from The Indianapolis Times, June 16, 1934

Click image to open full size in new tab

Article Text

Bank Agent Sued By Times Special DANVILLE, June 16.-Removal of W. Benton Newlin, liquidating agent of the defunct First National bank of Amo, is asked in a suit filed in Hendricks circuit court here by Fred G. Shirley and Walter M. Hodson, stockholders in the institution. It is alleged the agent has failed to protect the funds of the bank and asks that on his removal a receiver be appointed.