Article Text
Bank Receiver Takes Charge James W. Carpenter, receiver, has taken charge of the First National Bank & Trust Co., Cambridge City. Carbon Lumber Co.
First National Bank & Trust Company (Cambridge City, IN)
Episode Information
- Episode UID
7001598- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
700national - Charter Number
- 70
- Start Date
- February 25, 1933
- Location
- Cambridge City, Indiana (39.813, -85.172)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
183e827cd72c63d8
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1933-10-03
- Date receivership terminated
- 1937-07-27
- Share of assets assessed as good
- 57.2%
- Share of assets assessed as doubtful
- 35.6%
- Share of assets assessed as worthless
- 7.2%
Events (4)
1.
August 25, 1863
Chartered
- Source
- historical_nic
2.
February 25, 1933
Suspension
- Cause Details
- Article states the bank suspended payment on February 25, 1933 but gives no specific cause.
- Newspaper Excerpt
- it is the decision of the Auditor of State and the Attorney General, that there was on deposit with the First National Bank and Trust, Cambridge City, which bank suspended payment on February 25, 1933
- Source
- newspapers
3.
October 3, 1933
Receivership
- Source
- historical_nic
4.
October 3, 1933
Receivership
- Newspaper Excerpt
- Bank Receiver Takes Charge James W. Carpenter, receiver, has taken charge of the First National Bank & Trust Co., Cambridge City.
- Source
- newspapers
Newspaper Articles (4)
Article Text
FILE YOUR CLAIM Bank Receiver Warns But One More Week to Act The Receiver, James W. Carpenter The First National Bank and Trust Company again wishes the fact upon depositors, impress who have not filed for their held that the time for filing deposit, Alice claims limited March 29, than 10 Penny 700 claims Approximately chase unfiled. Before Receiver prize can dividend to depositor, claim must be filed for the There should be further delay Foss filing. you have balance account, Art file claim. You cannot your Hicks. receive dividend unless you the claim. claims not filed by that are date, they may be disallowed. schools Mrs. Young, Mrs Abiram Boyd, Mrs. Ethel Middleton, Mrs. John Mrs. Ray Cornell invited guests the Wednesday Bridge club at the home of Mrs. Max Feemster, Wednesday noon. Mrs. Willard Petro on the program with an interesting paper for the Tuesday club of Spiceland the home Mrs. Pickering that place, The Sunday school board of the Presbyterian met with Miss Gertrude Routh, Monday evening Discussion of Sunday school work and social time was the program for the evening.
Article Text
NOTICE TO DEPOSITORS Pursuant to Section 9 of Chapter 33. Acts of 1032, Page 146, it is the decision of the Auditor of State and the Attorney General, that there was on deposit with the First National Bank and Trust, Cambridge City, which bank suspended payment on February 25, 1933, the following public funds classed as new money Wavne County $0.13 Tackson township, Wayne county 80 Cambridge City, civil town... 5,932.60 Cambridge City Public Library 655.38 Cambridge City-Jackson T-wnship Schools 10.991 58 Ten days after this publication, if there is no objection, the Auditor of State will issue his warrant for the above amount FLOYD E. WILLIAMSON, Auditor of State. PHILIP LUTZ, Jr., Attorney General. STATE OF INDIANA
Article Text
TRIO IS FINED IN HOLC FRAUD Falsified Applications, Is Charge; Banker Gets Prison Term. In the first prosecution in this district on charges of falsifying statements in connection with Home Owners' Loan Corporation applications, three Linton men today were fined sums ranging from $50 to $500 by Federal Judge Robert C. Baltzell. The three were Myro B. Mitchell, secretary of the Home Loan & Savings Association, Linton, fined $500; Squire Walters, $250, and Lawrence Blevens, $50. At the same session of court, Claude F. Kitterman, president of the defunct First National Bank & Trust Co., Cambridge City, was sentenced to serve one year and one day on charges of misapplication of that institution's funds. The Government charged that Kitterman forged a $4,300 note Nov. 5, 1932, on an estate which the bank was administering. Paul Kamke, Ft. Recovery, O., formerly an auto dealer at Roanoke, Ind., was put on probation for two years after Judge Baltzell first had sentenced him to serve one year and a day in the Federal Reformatory at Chillicothe, O. Kamke was charged with using the mails to defraud the Universal Credit Co. in the sale of automobiles. Archie G. Everett, 846 N. Gray-st, a former National Guard captain, was sentenced to serve 60 days in the Marion County Jail on a forgery charge. He was accused of having forged a Government check.