5980. Bank of Ladoga (Ladoga, IN)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 22, 1907
Location
Ladoga, Indiana (39.914, -86.801)

Metadata

Model
gpt-5-mini
Short Digest
884d6a40

Response Measures

None

Description

Articles (June–July 1907) report a receiver (Mrs. James C. Knox) appointed for the Bank of Ladoga; every depositor was paid in full out of assets. No run is mentioned. The bank was in receivership (i.e., suspended and placed in receivership) and appears to have been liquidated rather than reopened as a going bank.

Events (1)
1. June 22, 1907 Receivership
Newspaper Excerpt
Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga ... Every depositor in the bank has been paid in full.
Source
newspapers

Newspaper Articles (3)
1. June 22, 1907 The Lake County Times Hammond, IN
Article from The Lake County Times, June 22, 1907

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Article Text

Fair Receiver a Success. Ladoga, Ind., June 22.-Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga and the Hoosier Veneer company, is making a creditable record as manager of the trust and bids fair to bring both institutions safely out of trouble. Every depositor in the bank has been paid in full.

2. July 4, 1907 The Plymouth Tribune Plymouth, IN
Article from The Plymouth Tribune, July 4, 1907

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Article Text

WOMAN RECEIVER IS SUCCESS. Mrs Knox Brings Ladoga Bank Company Out of Trouble. Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga and the Hoosier Veneer Company, is making a creditable record as manager of the trust and bids fair to bring both institutions safely out of trouble. Every depositor in the bank has been paid in full out of the earnings of the veneer works and the assets of the bank, and the former is now on its feet again and is being carried on in the interest of stockholders.

3. July 5, 1907 The Jasper Weekly Courier Jasper, IN
Article from The Jasper Weekly Courier, July 5, 1907

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Article Text

Woman. Receiver is Success. Ladoga.-Mrs. James C. Knox, who received the appointment some time ago as receiver for the Bank of Ladoga and the Hoosier Veneer company, is making a creditable record as manager of the trust and bids fair to bring both institutions safely out of trouble Every depositor in the bank has been paid in full out of the earnings of the veneer works and the assets of the bank, and the former in now on its feet again and is being carried on in the interest of stockhold TS.