Farmers & Traders State Bank (Monon, IN)

Episode Information

Episode UID
6529679291611
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
652967929 hash
Start Date
March 8, 1934
Location
Monon, Indiana (40.868, -86.879)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
88a971e75e896d35

Response Measures

None

Description

Articles describe liquidation with a special representative/receiver handling settlements.

Events (2)
1. March 8, 1934 Suspension
Cause
Government Action
Cause Details
Bank placed in liquidation/receivership by court proceedings (special representative handling affairs).
Newspaper Excerpt
In the matter of the liquidation of Farmers and Traders State Bank of Monon—Same proceedings.
Source
newspapers
2. October 11, 1934 Receivership
Newspaper Excerpt
In the matter of the liquidation of the Farmers and Traders State Bank of Monon—Court orders the special representative to accept the sum of $75.00 in settlement of a $330 note ... and to pay $40 for the apprehension of Carl Middlestadt. (Oct. 11, 1934 edition). 
Source
newspapers

Newspaper Articles (3)
1. March 8, 1934 The Monticello Herald Monticello, IN

Article Text

In the matter of the liquidation of Farmers and Traders State Bank of Monon—Same proceedings. Aetna Life Insurance Co. vs Paul Ward et al—George W. Kassabaum enters appearance for the defendants. Defendants file answer to the complaint in general denial. Metropolitan Life Ins. Co. vs Luella C. Smith et al—Petition filed for an order to sell corn belonging to this trust, and receiver is ordered to sell 1200 bushels of white ear corn at private sale. State vs Curtis L. Espy—Glenn R. Slenker enters appearance for defendant. Defendant waives arraignment in open court and enters plea of not guilty of charge of receiving stolen property. The National Fowler Bank vs Gertie M. Timmons—Defendant is ruled to answer the complaint of the plaintiff March 2. Robert K. Stuart vs Walter J. McKibben et al—Defendant makes default. White County Farm Bureau Cooperative Assn. vs Ira P. Baldwin—Court finds for the plaintiff that there is due from the defendant on the account sued on the sum of $88.57, principal and interest. Edward Beasey vs John Doremire—Complaint filed in duplicate. Upon plaintiff's motion summons is ordered issued to sheriff of White county for the defendant returnable March 8. Florence E. Calhoun vs Ora Calhoun—By agreement of the parties it is ordered that the defendant pay on March 10, the sum of $12, and the further sum of $3 per week for the support of the plaintiff and $50 for her attorney to enable her to prosecute this action. Lincoln National Bank and Trust Co. of Fort Wayne vs Wm. B. Dale et al—Complaint filed in duplicate and upon plaintiff's motion summons is issued to sheriff of White county for the defendants returnable March 15. State vs Cooper Thomas—Charles W. Wright, justice of peace, files transcript and original papers on appeal to White circuit court. State on relation of Pearl Evelyn Robinson vs Joe Robinson—Ordered by the court that the defendant appear and plead in this cause March 5. Paul R. Cotner vs Leon Cotner—Cause assigned for trial for March 16. State vs Hilton Wilson—Defendant waives arraignment in open court and for plea to the affidavit says that he is not guilty as charged, of failure to provide. Court after hearing the evidence finds that the defendant is not guilty as charged. Lafayette Savings Bank vs Lannas M. Peterson et al—Adjudged by the court that the receiver be authorized to join with the tenant on said real estate in procuring a Credit Commodity Corp. loan on the undivided corn crop of 1933. M. Bernard Raub vs Ben Allen—Complaint filed in duplicate and upon plaintiff's motion summons is ordered issued to sheriff of White county for defendant returnable March 14.

2. October 11, 1934 The Monticello Herald Monticello, IN

Article Text

complaint in general denial. Ross E. Nolan vs Charles Scott—This cause is assigned for trial October 25. In the matter of the petition of Minnie Keller for preferred claim—This cause is assigned for trial October 25. In the matter of the petition of Farmers Co-operative Company for preferred claim—This cause is set for trial October 25. In the matter of the petition of Charles Weiss—This cause is assigned for trial October 25. In the matter of the petition of George Weiss—This cause is assigned for trial October 25. In the matter of the petition of Walter E. Baker—This cause is assigned for trial October 25. Boyd Shafer and Edward R. Dye, partners doing business under the style and firm name of Shafer and Company vs Otis Crain—Plaintiffs file complaint in duplicate. On plaintiff's motion summons is issued for the defendant, returnable October 15. On plaintiff's motion the clerk is ordered to issue an order for the seizure of the property described in said complaint and for the delivery to the plaintiffs. Ada McGowan vs Noah Johnson—Plaintiff files complaint in duplicate. On plaintiff's motion summons is issued for the defendant, returnable October 15. State of Indiana ex rel Luther F. Symons, Bank Commissioner of the State of Indiana vs the State Bank of Monon—Receiver is ordered to release a judgment heretofore obtained by the State Bank of Monon, against the White County Loan Trust and Savings Company, as executor of the estate of Martha E. Bunnell, deceased. State of Indiana ex rel Luther F. Symons, Bank Commissioner of the State of Indiana vs the State Bank of Wolcott—Receiver is ordered to accept the sum of $900 in Federal Land Bank Bonds and the sum of $72.89 in cash in compromise and settlement of three notes, which include a promissory note executed by F. S. Chenoweth for $650, promissory note executed by Helen Van Voorst and F. S. Chenoweth for $15.00, and a promissory note executed by Paul G. Chenoweth and F. S. Chenoweth for $270. Hall-Hottel Inc. vs Sarah E. Miller et al—Defendant Mary E. McGuffs files affidavit for a change of venue. Paul E. Tambaugh enters his appearance for the plaintiff. In the matter of the liquidation of the State Bank of Idaville, Idaville, Indiana—Court orders special representative to pay to A. A. Wallace the sum of $17.50 for the apprehension of Carl Middlestadt. Special representative is ordered to accept $1306 in settlement of a judgment obtained against Elmer G. Reiff in the Carroll Circuit Court, for the sum of $2002.75. In the matter of the liquidation of the Farmers and Traders State Bank of Monon—Court orders the special representative to accept the sum of $75.00 in settlement of a $330 note and chattel mortgage issued by William F. Koebcke. He is also ordered to pay to A. A. Wallace the sum of $40 for the apprehension of Carl Middlestadt. David L. Halstead vs Anna M. Carmichael—This cause is assigned for trial October 20. Newton County Loan and Savings Association of Indiana vs Fred W. Graves and Asenath Graves, his wife—Receiver files final report which report is examined and approved by the court and receiver is discharged and trust closed. Lilly Cummings vs George Cummings—Defendant wholly makes default. Plaintiff is granted an absolute divorce and is restored her maiden name of Lilly Shipley. Fowler Bank City Trust Company vs Camillus Lampe et al—The defendants are ruled to answer absolute the complaint October 13. The Romney Bank vs Leo DeVault et al—The defendants are ruled to answer absolute the complaint October 13. The Connecticut Mutual Life Insurance Company vs Creighton H. Williams et al—Parties appear and file written stipulation. Estella O. Delinger vs David A. Dellinger—Plaintiff files complaint in duplicate. On plaintiff's motion summons is issued for the defendant, returnable October 19. Plaintiff also files application for suit and support money. Hearing for same is set for October 13. Court finds that the defendant should be restrained from disposing of the personal property.

3. October 11, 1934 The Monticello Herald Monticello, IN

Article Text

since McNutt became Governor. The concern is owned and operated by H. N. Timolat, the Governor's father-in-law, John C. McNutt, the Governor's father, Kathleen McNutt, the Governor's wife, Ann C. Rupley, and Hayden H. Allen, among the Governor's friends. The Governor's father came into the firm when he succeeded the Governor as secretary-treasurer. tion of the inheritance tax which petition is referred to D. H. Friend, Inheritance Tax Appraiser, for report. Administrator files final report and vouchers. Said final report is set for hearing November 15 and notice is ordered. In the matter of the estate of Sarah Ellen Moorhous, deceased—The time for filing the petition for the determination of the inheritance tax is extended to October 2. Administrator files petition for the determination of the inheritance tax which petition is referred to D. H. Friend, inheritance tax appraiser, for report. Administrator files final report and vouchers. Said final report is set for hearing November 19, and notice is ordered. State and Savings Bank as administrator of the estate of Benjamin F. Price, deceased, with the will annexed vs Methodist Episcopal Church of Monticello, Indiana, et al—All appearing defendants are ruled to answer absolute the petitions and complaint of the plaintiff on October 9. Defendants Presbyterian Church of Monticello, Indiana, trustees of the Presbyterian Church of Monticello, Indiana, and file answer and consent to the real estate herein. Civil The Aetna Casualty and Surety Company of Hartford, Connecticut, vs Charles W. Bubler et al—The defendants are ruled to answer the complaint October 9. Edward J. Russow et al vs Harry L. Miller as trustee of Union Township, White county, Indiana, et al—The defendants are ruled to answer the complaint October 9th. Central Loan and Investment Co. vs Melvin E. Snavely et al—The defendants are ruled to answer the complaint October 9. Catherine Parker vs William F. Parker—Plaintiff files affidavit of non-residence. On plaintiff's motion non-resident notice is issued for the defendant returnable December 19. Lincoln National Bank and Trust Company of Fort Wayne vs William B. Cole et al—Court finds that there is due and owing the plaintiff from the defendants the sum of $550 on promissory note sued, principal and interest, and attorney fees, together with its costs herein expended. White County Loan, Trust and Savings Company of Monticello, Indiana, a corporation vs Lottie B. Cope—Plaintiff files complaint in duplicate. On plaintiff's motion summons is issued for the defendant returnable October 15. White County Loan, Trust and Savings Company of Monticello, Indiana, a corporation vs Orson Cope and Lottie B. Cope—Plaintiff files complaint in duplicate. On plaintiff's motion summons is issued for the defendant, returnable October 15. State of Indiana vs Curtis L. Espey—The assignment of this trial is continued by the agreement of the parties. Leona Moehring vs Agnes Garvin et al—Defendants file answer to the $12.09 in cash in compromise and settlement of three notes, which include a promissory note executed by F. S. Chenoweth for $650, promissory note executed by Helen Van Voorst and F. S. Chenoweth for $15.00, and a promissory note executed by Paul G. Chenoweth and F. S. Chenoweth for $270. Hall-Hottel Inc. vs Sarah E. Miller et al—Defendant Mary E. McGuff files affidavit for a change of venue. Paul E. Tambaugh enters his appearance for the plaintiff. In the matter of the liquidation of the State Bank of Idaville, Idaville, Indiana—Court orders special representative to pay to A. A. Wallace the sum of $17.50 for the apprehension of Carl Middlestadt. Special representative is ordered to accept $1306 in settlement of a judgment obtained against Elmer G. Reiff in the Carroll Circuit Court, for the sum of $2002.75. In the matter of the liquidation of the Farmers and Traders State Bank of Monon—Court orders the special representative to accept the sum of $75.00 in settlement of a $330 note and chattel mortgage issued by William F. Koebcke. He is also ordered to pay to A. A. Wallace the sum of $40 for the apprehension of Carl Middlestadt. David L. Halstead vs Anna M. Carmichael—This cause is assigned for trial October 20. Newton County Loan and Savings Association of Indiana vs Fred W. Graves and Asenath Graves, his wife—Receiver files final report which report is examined and approved by the court and receiver is discharged and trust closed. Lilly Cummings vs George Cummings—Defendant wholly makes default. Plaintiff is granted an absolute divorce and is restored her maiden name of Lilly Shipley. Fowler Bank City Trust Company vs Camillus Lampe et al—The defendants are ruled to answer absolute the complaint October 13. The Romney Bank vs Leo DeVault et al—The defendants are ruled to answer absolute the complaint October 13. The Connecticut Mutual Life Insurance Company vs Creighton H. Williams et al—Parties appear and file written stipulation. Estella O. Delinger vs David A. Dellinger—Plaintiff files complaint in duplicate. On plaintiff's motion summons is issued for the defendant, returnable October 19. Plaintiff also files application for suit and support money. Hearing for same is set for October 13. Court finds that the defendant should be restrained from disposing of the personal property.