Howell State Bank - Evansville, IN

Episode Information

Episode UID: 71000971598
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7100097 routing
Routing Number: 71-0009
Start Date: February 26, 1933
Location: Evansville, Indiana (37.975, -87.556)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 23dd10ecc2b49c35

Response Measures

None

Description

Article names a liquidating agent, indicating the bank is closed and in liquidation.

Events (2)

1. February 26, 1933 Other

Newspaper Excerpt: The bill provides that a closed bank may reopen if 80 per cent of the depositors agree not to withdraw their funds.
Source: newspapers

2. February 26, 1933 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank is closed and has a liquidating agent appointed (insolvency/closure).
Newspaper Excerpt: Clyde Baugh, liquidating agent at the Howell State Bank, said the bank's attorney was in Indianapolis to study the measure.
Source: newspapers

Newspaper Articles (1)

1. February 26, 1933 Evansville Press Evansville, IN

Article Text

BILL MAY RE-OPEN CLOSED BANKS HERE Local Attorney Studying Provisions of Law Passage of the new Indiana Banking Bill may speed re-opening of closed Evansville banks. Bankers, however, declined to comment Saturday until they have had an opportunity to study the provisions of the new law. The bill provides that a closed bank may reopen if 80 per cent of the depositors agree not to withdraw their funds. Formerly the promise of every depositor was required. Clyde Baugh, liquidating agent at the Howell State Bank, said the bank's attorney was in Indianapolis to study the measure. Officers of the American Trust and Savings Bank also are scrutinizing the bill. Lamasco Bank officials said the law might have some effect on the future of the bank, altho directors have not yet discussed the matter. Money is being accumulated for a depositors' dividend.