gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c7a59e97e94a726b
Response Measures
None
Events (4)
1.July 1, 1933*Receivership
Newspaper Excerpt
Receiver BANK OF BENFIRST STATE Bensenville, DuPage said County, O'CONNELL has WILLIAM and the qualified and Receiver of said bank.
Source
newspapers
2.July 1, 1933*Suspension
Cause
Government Action
Cause Details
State Auditor of Accounts appointed a receiver and placed the bank in liquidation.
Newspaper Excerpt
Receiver of said bank. having claims All persons said bank are hereby notiagainst to present and said Receiver forthwith
Source
newspapers
3.December 15, 1933Other
Newspaper Excerpt
Receiver Working Day and Night to Hurry Dividend The following letter ... those charge liquidation the First State Bank of Bensenville ... working nights, (yesterday) Sunday ... hoped by Christmas ... about first week in January.
Source
newspapers
4.April 12, 1935Other
Newspaper Excerpt
Bensenville Bank Depositors Meeting At the Village Hall All persons having money coming to them from the Bensenville First State Bank, which has been closed and its business placed in the hands of the bank receiver, are urged to attend a meeting ...
Source
newspapers
Newspaper Articles (5)
1.October 20, 1933The Daily HeraldChicago, IL
Article Text
AUDITOR'S NOTICE
OF STATE AUDITOR OF ACCOUNTS Auditor of PubThe undersigned hereby gives notice Accounts he has appointed that Receiver BANK OF BENFIRST STATE Bensenville, DuPage said County, O'CONNELL has WILLIAM and the qualified and Receiver of said bank. having claims All persons said bank are hereby notiagainst to present and said Receiver forthwith legal proof thereof. to make indebted said bank All persons make immediate the Receiver. payment day of Dated this 1933. July, BARRETT. Public Accounts Auditor Illinois, State
2.December 15, 1933The Daily HeraldChicago, IL
Article Text
Receiver Working Day and Night to Hurry Dividend
The following letter to this indicates that those charge liquidation the First State Bank of are erting effort to place dividend hands the of the bank at an date. County Register, Bensenville, Gentlemen: have been working nights, (yesterday) Sunday our through, had sincerely hoped by Christmas. There banks many throughout the state. seeking the same thing. However we are fourth (4th) in line. Will this pass word along in this week's paper, saying about first week in January. Thank you. Frank Fowler
3.December 15, 1933The Daily HeraldChicago, IL
Article Text
BANK
Last week's Register Licipated First State Bank people of the always placed their bank have the close the doors, that their fidence would yet be rewarded. Now was them but important question today we view is; just what mean the community, the depositors, those charge the bank's idends were to be paid out Each one of money the bank at the time of its had there for specific meeting some which would due Now obligations have fallen and cash tied until the dividend declared. The people to whom owe money also have gations they want to meet can pay them our debt. We want pay fair and meet obligations soon the get easier, would be to distribute among those as soon off than accept check Chicago bank and have to there obtain our cash. Bensenville community has since the closing the bank, that had been made checks being cashed bank have and mostly because taken out town to cashed and many mostly spent before the own them home. This only natural when has to check cashed. lieve the could be paid cash would be much better those owing money well those waiting for believe proper arrangement: could made safeguard transaction the bank receiver and assistants would agree the arrangement. With per cent dividend paid in cash community what aspect the future would have then could the obligapay Lions we have been promising and those pay could those have been But and get in cash and use there be money circulation here around Bensenville.
E. Sampson
4.December 15, 1933The Daily HeraldChicago, IL
Article Text
Working Day and to Hurry Dividend
The following letter to this newspaper indicates that those charge liquidation the First State Bank Bensenvile, every possible effort to place dividend the hands the depositors the bank at an early date. County Register, Bensenville, Gentlemen: have been nights. days and (yesterday) Sunday hurry dividend through, had sincerely hoped by Christmas There banks throughout the seeking the same thing. However are (4th) pass this word along this paper, about first week in January. Thank Frank Deputy Receiver,
5.April 12, 1935The Daily HeraldChicago, IL
Article Text
Bensenville Bank Depositors Meeting At the Village Hall
All persons having money coming to them from the Bensenville First State Bank, which has been closed and its business placed in the hands of the bank receiver, are urged to attend a meeting of depositors at the village hall in Bensenville at 8 p. m. Tuesday.
Positive proof that one is a depositor, with money still due from the bank, will be necessary to gain admittance to the meeting.
The meeting is called by the committee appointed by the depositors last year to look after the depositor's interests. George Runge is chairman. Business of great importance will be transacted.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.