Mooresville State Bank (Mooresville, IN)

Episode Information

Episode UID
71052271573
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7105227 routing
Routing Number
71-0522
Start Date
January 11, 1931
Location
Mooresville, Indiana (39.613, -86.374)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a24d4fff872340b1

Response Measures

None

Events (3)
1. January 11, 1931 Receivership
Newspaper Excerpt
Amos Gillaspy ... has been appointed receiver for the Mooresville State bank by Judge C. Vernon after hearing in Circuit court; Mr. Gillaspy's bond was fixed at $30,000. He will take charge after his bond is approved, and will attempt to liquidate the bank's assets. (Indianapolis Star / Tribune, Jan. 11-12, 1931).
Source
newspapers
2. January 11, 1931 Suspension
Cause
Government Action
Cause Details
Attorney General filed petition and state banking commissioner investigated following the bank's closing, prompting receivership.
Newspaper Excerpt
petition for a receiver was filed by the attorney general's office after an investigation was made by State Banking Commissioner Luther F. Symons following the closing of the bank.
Source
newspapers
3. July 13, 1932 Other
Newspaper Excerpt
Mooresville State Bank, by receiver, to Chas. R. Kellum et al, receiver's deed to 103.25 acres in Brown twp.
Source
newspapers

Newspaper Articles (3)
1. January 12, 1931 The Indianapolis Star Indianapolis, IN

Article Text

MOORESVILLE BANK RECEIVER IS NAMED [Special to The Indianapolis Star.) MARTINSVILLE Ind., Jan. 11.Amos Gillaspy of Clay township has been appointed receiver for the Mooresville State bank by Judge C. Vernon after hearing in Circuit court for receiver was filed by the actorney general's office after an investigation was made by State Banking Commissioner Luther F. Symons following the closing of the bank. No allegation was made in the petition Mr. Gillaspy's bond was fixed at $30,000. He will take charge after his bond is approved. and will attempt to liquidate assets is under way at new bank owned and operated by Moores. ville citizens. Mr. state banking eral Edmund B. Walker were here for the hearing.

2. January 12, 1931 The Tribune Seymour, IN

Article Text

MOORESVILLE BANK RECEIVER IS NAMED Amos Gillaspy of Clay township has been appointed receiver for the Mooresville State bank by Judge C. G. Vernon after hearing in Circuit court. The petition for a receiver was filed by the attorney general's office after an investigation was made by State Banking Commissioner Luther F. -Symons following the closing of the bank. No allega tion of insolvency was made the petition for a receiver. Mr. Gillaspy's bond was fixed at $30,000. He will take charge after his bond is approved, and will attempt to liquidate the bank's assets. A movement is under way at Mooresville to organise? a new bank to be owned and operated by Mooresville citizens. At Barling, Essex, England the diamond wedding of Joseph Mowling and wife, the eightysecond birthday anniversary of Mowling and the first anniversary of a grandehild's wedding were all celebrated on the same day. The hge of the petrified trees in the petriled forest of Arizona is estimated at about 200,000, 000 years.

3. July 13, 1932 The Reporter-Times Martinsville, IN

Article Text

REAL ESTATE TRANSFERS Anna Burns et al to Wm. C. Baker and wife, war. deed to 40 acres in Washington twp. $1.00 Fannie E. Summer to Robert J. Wade et al war deed to part lot 2, block 4. Mooresville 1.00 Cora B. Wampler, by executor to Ulysses G. Slough and wife, executor's deed to lot 4, Cobb's add., Martinsville 2200.00 Mooresville State Bank, by receiver, to Chas. R. Kellum et al, receiver's deed to 103.25 acres in Brown twp. Louisa J. Richardson et al to Home Building Association, war. deed to lot 42, W. E. Nutter's 4th add., Martinsville 1073.88