First National Bank - Plymouth, IN

Episode Information

Episode UID: 71039971615
Episode Type: Suspension → Closure
Bank Type: trust
Bank ID: 7103997 routing
Routing Number: 71-0399
Start Date: July 26, 1934
Location: Plymouth, Indiana (41.344, -86.310)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 3eaa2855b039c5a9

Response Measures

None

Description

Receiver named and dividends being paid indicate the bank remained in receivership/closed.

Events (1)

1. July 26, 1934 Receivership

Newspaper Excerpt: Receiver Louis Trixler of the First National Bank of Plymouth says that the money, $517,956.00, to be released by that bank affects 1,888 depositors.
Source: newspapers

Newspaper Articles (1)

1. July 26, 1934 The Argos Reflector Argos, IN

Article Text

1,888 PEOPLE TO GET PLYMOUTH BANK CHECKS Receiver Louis Trixler of the First National Bank of Plymouth says that the money, $517,956.00, to be released by that bank affects 1,888 depositors. With that number of people receiving money that they have had on deposit, there should be a business stimulation. The money released is 74 per cent of the total deposits. There has previously been distributed 2 per cent, making a total of 76 per cent. It is the opinion of the receiver that the bank will be able in time to pay as much or more than 20 per cent additional. The payment of this large dividend to the creditors of the bank is made possible only by the assistance received by the federal government through its various relief agencies. Francis LaTurner, of Dunkirk, Ind., visited his wife, Margaret and baby on Sunday. Mr. and Mrs. H. E. Alleman are vacationing at Paw Paw lake this week with Mrs. Helen Heensnyder, a cousin of Mrs. Alleman's. The Alleman's are enjoying being with Miss Mary Alleman, too, and hearing her sing with the dance orchestra there. Harman Zahm with Walter Denny at the wheel of the truck were enroute to South Bend early last Thursday morning with a load of fruit and vegetables when the truck turned over twice south of town on Road 30. They both were bruised and scratched some but were on their way in a comparative short time, with no further damage done. The accident occurred, it was said, when Denny fell asleep at the wheel and the truck run off the road.