Grabill State Bank (Grabill, IN)

Episode Information

Episode UID
71076771531
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7107677 routing
Routing Number
71-0767
Start Date
July 1, 1927*
Location
Grabill, Indiana (41.211, -84.967)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4b92121ea00fd28d

Response Measures

None

Events (5)
1. July 1, 1927* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Frozen assets blamed for the bank's suspension.
Newspaper Excerpt
The Harlan State Bank yesterday was appointed receiver for the Grabill State Bank which closed its doors several days ago. Frozen assets were blamed for the bank's suspension.
Source
newspapers
2. July 13, 1927 Receivership
Newspaper Excerpt
The Harlan State Bank yesterday was appointed receiver for the Grabill State Bank which closed its doors several days ago.
Source
newspapers
3. June 9, 1933 Receivership
Newspaper Excerpt
Charles R. Schrom was appointed receiver for the Grabill State bank by Judge Clarence R. MeNabb in Allen Circuit court today.
Source
newspapers
4. August 14, 1933 Other
Newspaper Excerpt
Declares Noah Amstutz Paid $18,000 in Fees Without Court Order — Fort Wayne Judge scores Grabill bank receiver; audit found discrepancies in assets since original receiver took charge.
Source
newspapers
5. October 4, 1933 Other
Newspaper Excerpt
A supplemental report filed today in Circuit court here by the Harlan receiver the Grabill State revealed shortage Noah Amstutz ... showed discrepancy between amount charged by Amstutz as his fee and amounts paid.
Source
newspapers

Newspaper Articles (10)
1. July 13, 1927 The Times-Mail Bedford, IN
Article from The Times-Mail, July 13, 1927

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Article Text

WIRE NEWS INDIANAPOLIS, Ind. July 13.The Playtime Equipment Company, of Huntington, was incorporated here yesterday for $100,000 by Emmett J. Richard J., and Parnell McGreezy. LOGANSPORT, Ind. July 13.-The five local soft drink parlors here, suspected of purveying something more potent than soda water, were placed under padlock orders today by Judge Slick of South Bend.- Wesley Morgan; 63, formerly of this city, was killed yesterday when he fell from a hay wag and fractured his neck, near Seward, Ill., according to advices here. FORT WAYNE, July 13.-The Harlan State Bank yesterday was appoined receiver for the Grabill State Bank which closed its doors several days ago. Frozen assets were blamed for the bank's suspension. HARTFORD CITY, Ind., July 13.Edward Lippet, Montpelier mill worker, whose body was found along the railroad tracks, died a suicide from drinking carbolic acid, Coroner James U. Dodds held in his verdict returned today. Despondency over ill health was the motive for Lippet's act. BENTON, III., July 13.-The first panel of a jury to try Charlie Birger, Art Newman and Ray "Izzy" Hyland for the murder of Mayor Joe Adams of West City was selected and sworn in here yesterday afternoon. The four men were chosen after a venire of fifey miners and farmers was whittled down by conscientious objections to the death penalty. SHELBYVILLE, Ind. July 13.Undaunted by lowering clouds, Shelbyville Merchants closed up their shops at noon today and almost the whole town went on a pienic. It was held at Porter's Park, 15 miles southwest of here and was the Annual Merchant's Outing. More than 1,500 persons attended. INDIANAPOLIS, Ind., July 13.The Pople's Mill and Lumber Company of East Chicago was incorporated here today for $60,000. Incorporators were: John Bochanowaki, Joseph E. Wlekinski, Stanley W. Wlekinski, Josepeh Kinel and A. H. Sambar, all of East Chicago, and Jacob Hilson of Hammond and AIbert Scholz of Whiting. SOUTH BEND, Ind., July, 13.-One man killed and four others persons were injured when their automobile turned over twelve miles west of here. Joseph Reich, 58, Brooklyn, N. Y. was killed. The injured were Mrs. Esteher Reich, 30, Detroit, Michigan; Miss Sadie Reich, Brooklyn, N. Y.; Hester Reich, 30, Brooklyn and Moe Reich, 21, Brooklyn. All of the injured are expected to recover. VALPARAISO, Ind., July 12.William Foster, 28, drank a half glass of carbolic acid in a suicide attempt here. His condition this morning was critical. Domestic trouble was believed have prompted Foster's act. His wife had sued him for a divorce. Charles Clark was burned by the acid when he tried to snatch the poison glass from Foster's lips. WILKES-BARRE, Pa., July fast Jersey Central freight train, west bound from New York, was derailed near West White Haven, 30 miles from here, yesterday, three cars being damaged, but all of the crew escaping unhurt. One car caught fire and was badly damaged, reports hehe said. The train crew was made up of Mauch Chunk men. Although railroad headquarters here learn but few details of the due to poor wire facilities, crews from Ashley and Chunk were dispatched to the relief to the prices of

2. December 21, 1928 The Bryan Democrat Bryan, OH
Article from The Bryan Democrat, December 21, 1928

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Article Text

LEGAL NOTICE Warren Snyder, Bertha Snyder, his wife, and Jay Snyder, whose of place of residence and Post Office dress is the County of Allen, State of Indiana, and Blair, whose place of residence and Post Of fice address is Morenci, the County of Lenawee, State of Michigan, fendants, are hereby that on the 10th day of October, D. 1928 the plaintiff, The Harlan State Bank of Harlan, Indiana, as receiver for The Grabill State Bank, insolvent, filed its petition the office the Clerk of the Court of Common Pleas, in Williams County, Ohio being cause No. 10431, appearance docket of said court, against the said defendants, and others, in petition is alleged. other that on the 16th day of October, 1926, the said defendants, Warren Snyder and W. Jay Snyder, executed and de livered their certain promissory in writing, to the The Grabill State Bank, due on or before ninety days after date, for the sum of $512.00, with interest the rate seven per cent per annum from date until and eight per cent per annum after maturity that the 15th day of January A. 1927 the said defendants, Warren F. Snyder and W Jay Snyder, executed and de. livered to The Grabill State Bank of Grabill, certain other note, of that date, for $512.00. due in ninety days after date, with thereon at the of seven per cent per annum until Maturity and eight per cent per after maturity, that the 17th day January, 1927, the said defend ant, Warren F. Snyder, duly executed and delivered to said The Grabill State Bank of Indiana, his note of that date for the sum of $344.50 in days after date, with interest at seven per cent per annum until maturity, and eight percent maturity, and that on the 5th day of February. 1927, the said Warren F. Snyder and W. Jay Snyder, executed and delivered their certain other promissory note, that date, in the sum of $700.00 due four months after date, with interest at the rate of per per until maturity eight per cent per annum after maturity, to the said The Grabill State Bank of Grabill Indiana, and that on the 10th day of March, 1926. in order to secure the payment of said promissory notes, and the sums of money mentioned therein, the said defendants, Warren F. Snyder and Bertha Snyder. his duly executed and delivered to the said The Grabill State Bank of Indiana, their deed, in writing. and thereby, then and there, duly conveyed. in fee simple to the said The Grabill State bank, and its successors, upon the conditions set forth in the said deed, the following described real estate, to-wi Being Lot number Five (5) in and of Park Place Addition to the Village of Bryan, in the County of Williams, and State of Ohio. that, on said 10th day of March, 1926. the said defendants. Warren F. and Bertha Snyder. his wife. duly executed and delivered their certain bond indenture. in writing. to the said The State Bank, the penal sum of $2500.00 for the payment of which, well and truly to be made to the said The Grabill State bank. the said obligees, said defendants. bound themselves. their In the said bond indenture expressed and set forth. the condition of which bond is: "If the said Warren Snyder and Bertha Snyder shall and will truly pay and discharge all notes. drafts and of every kind whatsoever, that they make, owe or incur to the said The Grabill State Bank. according to the conditions and true intent meaning thereof. and save the said The Grabill State Bank. harmless. by reason of them then this bond shall be void otherwise in full force and effect.' is averred in said petition. among other things. that the said The Grabill State Bank that the said plaintiff The Harlan State Bank. was duly appoint ed by the Circuit Court of said Allen County in the State of Indiana. as receiver of the said and that the mortgage and bond in the possession of said plaintiff. as such receiver, as the owner and holder thereof. It further averred in said petition, among other things, that when said notes became due, according to the tenor thereof. the said makers thereof did not pay the same, and that the conditions set forth in the said mortgage became and are broken and that the conditions in bond indenture by reason of the nonpayment of said notes. became broken. and that causes of action arose. by reason of the said failure of said mak ers of said and to said notes, when the same matured. and that there is now due and owing promissory notes. from the said Warren and W. Snvder. the of $1768.00 with interest thereon, as in said peti- In pursuance of an order of the Probate Court of Williams County Ohio, offer for at public auction, on Thursday 27th day of December, 1928. one o'clock, upon the premises. the following describreal estate. situate in the County of Williams and State Ohio, to-wit: Situated Madison, County of Williams and State of Ohio follows, to-wit: The undivided one half (1/2) part of the east half of the east half (1/2 the northwest quarter and. the quarter (1/1) of the quarter (1/4) section three (3) in Township Ten (10) South, of Range Two (2) West containing eighty (80) acres of land. Appraised at $1800.00. third cash in hand. one- -third in year. and in two the day of sale. with interest: the payments to be secured by mortgage upon the premsold. November 27th. 1928. Charles Brande Administrat the Estate of George E. Cook, deceased. R. P. Hays, attorney for plaintiff. Fri-Nov.-30-Dec.-21

3. June 10, 1933 The Indianapolis Star Indianapolis, IN

Article Text

BANK RECEIVER NAMED. FORT WAYNE. June R. for the Grabill Clarence R. McNabb Allen Circuit court today He ceeds the Harlan State bank. receiver was necessary because the State bank now is in ership.

4. June 10, 1933 The Call-Leader Elwood, IN

Article Text

BANK RECEIVER NAMED. Fort Wayne, Ind., June 9. Charles R. Schrom was appointed receiver for the Grabill State bank by Judge Clarence R. MeNabb in Allen Circuit court today. He succeeds the Harlan State bank. A new receiver was necessary because the Harlan

5. August 14, 1933 Garrett Clipper Garrett, IN

Article Text

FORT WAYNE JUDGE SCORES GRABILL BANK RECEIVER Declares Noah Amstutz Paid $18,000 in Fees Without Court Order Fort Wayne, Aug. Noah Amstutz for his method of ducting the of the State bank, specifically for allegedly paying himself fees without court order authorizing action, Judge Clarence McNabb late Friday recommended Amstutz that he be prepared to turn to the new Charles Schramm, with the filing his final report. Judge McNabb set Monday the time for hearing ceiver's report and declared that would entertain at that time motion for filing of final report by the original receiver and would allow time for the preparation of the report. The bearing Friday was on the physical condition of Amstutz termine whether was physically to through hearing the activities conducting the receivership. During hearing the appropriation by Amstutz of for his conducting the receivership, was brought out attorneys for new Amstutz appointed the Harlan State bank. named receiver for the Grabill State on July He relieved. however, June 1933. when the Harlan State bank, now in the hands of receiver resigned receiver for the Grabill institution. Disapproval the long period of time which been conducted. voiced by Judge McNabb at the hearing. the court declaring: doubt there is any other bank in state of Indiana which has been in progress riod of which the receivhas filed current reports. here what Amstutz has done in order that obtain to date have what has done assets the bank that other may get the money coming to An audit of the accounts of the Grabill State bank made by and Bureceiver. found the to for and for more of the assets of the bank the the original took charge. at the hearing Frifor the amount. but did not account for the attorney for that asked tell the of the order that the action may proceed. must be endJudge McNabb think this court has right hear from Mr. Amstutz what he has doing bring this action close. has worked position. but this am must begin down on hastened to that there was no cause for receiver for bank." Judge McNabb responded, that spent the order from the court. should certainly feel

6. October 4, 1933 The Indianapolis Star Indianapolis, IN

Article Text

FUND SHORT, REPORT A supplemental report filed today in Circuit court here by the Harlan receiver the Grabill State revealed shortage Noah Amstutz of who was placed charge of the affairs of Grabill bank representative of the Harlan submitted final report When Judge Clarence R. McNabb received the he Amstutz chraging for fees without first obtaining authority from Judge Gives Comment. Judge McNabb ordered supplemental report filed. This supplemental report received cording to the judge, shows discrepancy between amount charged by Amstutz as his fee for acting for and the paid to The report set forth that when two different auditing firms made reports on the they acted on the theory that the Harlan State bank for all ing into its and all the money not be for the difference charged against the Harlan State bank as receiver fees.

7. October 4, 1933 The Franklin Evening Star Franklin, IN

Article Text

BANK RECEIVER IS SHORT IN ACCOUNTS Final Report Shows Allen Co. Official Paid Self $18,980.94 For Services WAYNE Oct in the sum revealed in the of the Harlan State report Bank as receiver for the Grabill State Bank which was submitted cuit Court late Monday supplemental final report requested by Judge McNabb when approved previous report in charge of the having charged himself than $18,000 receiver first obtaining authority The Harlan State Bank in the report that through directors Amstutz charge of and administer State Bank institution had been have been charged in sheet three receiver's fees namely $880.94 shows that fees were made out the following May January 15 1929 May $5,800 July 14. 1930 $500 March 28 1931 difference

8. October 5, 1933 Garrett Clipper Garrett, IN

Article Text

RECEIVER OF HARLAN BANK REPORTED SHORT $3,180 Fort Wayne, Ind., Oct. age of the receiver in the sum of revealed in the supplemental final report of the Harlan State bank, as receiver for the Grabill State bank, which subto Judge Clarence R. McNabb in circuit court late Monday The final report was by Judge number of weeks ago when he disapproved previous report of the ceiver. and scored Noah in charge of the for having charged himself for more than receiver's without first obtaining authority of the court to do The Harlan State bank sets forth the report that through the board directors, Amstutz, who resides at Harlan, was employed to take charge of. and administer the estate of the Grabill State bank after that institution had been thrown into receivership on July 1927.

9. October 5, 1933 Princeton Daily Clarion Princeton, IN

Article Text

RECEIVER SHORT FT. WAYNE. Ind., Oct. '4.-Shortage of the receiver in the sum of 180.94 is revealed in the supplemental final report of the Harlan State bank. as receiver for the Grabill State bank, which was submitted to Judge Clarence R. McNabb in circuit court.

10. October 5, 1933 The Times-Mail Bedford, IN

Article Text

FUND REPORTED SHORT FORT WAYNE, Ind., Oct. supplemental report filed today in Circuit court here by the Harlan State Bank received for the Grabill State Bank revealed shortage amounting $3,180.94. Noah Amstutz of Harlan, who was placed in charge of the affairs of the Grabill bank as representative of the Harlan bank, submitted final report to the court several weeks ago. When Judge Clarence R. McNabb received the report he criticized Amstutz with charging