Amboy State Bank (Amboy, IL)

Episode Information

Episode UID
70179471587
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7017947 routing
Routing Number
70-1794
Start Date
March 1, 1932*
Location
Amboy, Illinois (41.714, -89.329)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6680c22420aa3d74

Response Measures

None

Description

Receiver appointment and references to the bank as defunct indicate permanent closure.

Events (2)
1. March 1, 1932* Suspension
Cause
Government Action
Cause Details
Bank closed and a receiver was appointed (legal/judicial action).
Newspaper Excerpt
receiver for the defunct Amboy State Bank
Source
newspapers
2. March 31, 1932 Receivership
Newspaper Excerpt
He appointed receiver for the Amboy State Bank ... receiver for several closed banks.
Source
newspapers

Newspaper Articles (3)
1. March 31, 1932 The Daily Chronicle De Kalb, IL

Article Text

Wright Named In Suit Filed By Bank Debtor Senator Wright of this city has been made defendant in filed the county circuit court James Morrissey, of Amboy, in which asserted that the offices state senator bank are compatible. asking that judgment entered against him for notes held by the defunct Amboy State aside, maintains that the DeKalb senator cannot gally receiver for the bank and same time senator. Wright recently appointed ceiver for the Amboy State Bank He appointed for several closed banks this territory, reports being that functioning in that capacity four state banks which have been closed. Since being appointed receiver for the several closed Senator Wright been very active campaign manager for Custer, gubernatorial candidate on the Republican ticket. He also candidate for office of state auditor public accounts on the Custer ticket,

2. March 31, 1932 Belvidere Daily Republican Belvidere, IL

Article Text

Wright's Status as Receiver and State Senator is Disputed Dixon, III., Mar. 31-State Senato Harry G. Wright of DeKalb cannot properly serve as bank receiver, it was alleged today in a suit filed in circuit court here by James Morrissey of Amboy, Morrissey asked that a judgment entered against him by Senator Wright as receiver for an Amboy bank, be set aside. He contended that since Wright is member of the legislative branch of the state government, he ought not to act as a receiver under the judicial branch. Senator Wright, besides being a legislator and receiver for several northern Illinois banks, is candidate for state auditor and is campaign manager for Omer N. Custer, aspirant for the governship.

3. April 2, 1932 The St. Louis Star and Times St. Louis, MO

Article Text

CLAIMS LEGISLATOR CAN'T ACT AS RECEIVER FOR BANK DIXON, ILL., April 2.—(By I. N. S.)—State Senator Harry G. Wright of DeKalb cannot properly serve as a bank receiver, it was alleged today in a suit filed in circuit court here by James Morrissey of Amboy, Ill. Morrissey asked that a judgment entered against him by Senator Wright as receiver for an Amboy bank, be set aside. He contended that since Wright is a member of the legislative branch of the state government, he can't act as a receiver under the judicial branch. Senator Wright, besides being a legislator and receiver for six northern Illinois banks, is a candidate for state auditor and is campaign manager for Omer N. Custer, aspirant for the governorship.