Markle State Bank (Markle, IN)

Episode Information

Episode UID
71082171599
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
7108217 routing
Routing Number
71-0821
Start Date
March 24, 1933
Location
Markle, Indiana (40.825, -85.339)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
133f8dafb32d5498

Response Measures

None

Description

Article texts show OCR errors (Article 3) but key facts (closure and receivership) are clear.

Events (3)

1. March 24, 1933 Suspension
Cause
Government Action
Cause Details
Failed to reopen after the March 1933 bank holiday; remained closed and was listed for receivership.
Newspaper Excerpt
seven state banks that have failed to open since the end of the bank holiday ... The Markle State bank
Source
newspapers
2. April 1, 1933 Receivership
Newspaper Excerpt
Circuit Judge Sumner Kenner today appointed C. E. Paul, of Markle, as receiver for the Markle State Bank which was closed last week.
Source
newspapers
3. April 9, 1933 Other
Newspaper Excerpt
Markle Bank Receiver Seeks Full Assessment ... Charles E. Paul, for the Markle ... filed suit ... to satisfy obligations of the institutions
Source
newspapers

Newspaper Articles (3)

Article Text

RECEIVERS TO BE NAMED FOR HENRY BANKS New Lisbon, Mt. Summit, Mooreland and Spiceland Banks Included in Plan INDIANAPOLIS, March 24.β€”(AP)β€”Luther F. Symons, state banking commissioner, said today applications will be made for the appointment of receivers for seven state banks that have failed to open since the end of the bank holiday proclaimed by President Roosevelt. The bank commissioner said 314 state chartered banks and trust companies given class "A" rating have been opened and that 166 others are open with a class "B" rating. Those of the "A" class have only moderate restrictions on currency withdrawals while those of the "B" class are open with a 5 percent restrictions on withdrawals. Eighteen banks, including five Federal Reserve member state banks, are still closed. The seven for which receiverships will be sought are: The Markle State bank; the Harlan State bank; the Farmers' State bank of New Lisbon; the Mount Summit State bank; the Citizens bank of Amo; the Farmers' State bank of Moreland; and the Henry County State bank of Spiceland. Attack Made on Report Filed by Finance Director COLUMBUS, Ohio, March 24.β€”The report by Finance Director Howard L. Bevis covering an investigation of charges made against Highway Director O. W. Merrell and W. D. Van Ness, highway department auditor, in connection with the purchase of automobile truck parts from the state of Michigan, was attacked today by Secretary of State George Myers as "the expected white wash." Ridiculing the report, Mr. Myers declared that information that was available had been ignored entirely in the investigation. "The white wash report indicates that the director of finance did not interview the Michigan authorities," said Mr. Myers. "In order to be fair he should have interviewed both parties to this transaction." The DeWitt Clinton high school for boys in New York is the largest high school in America. It has an enrollment of over 10,000.


Article Text

MARKLE MAN NAMED STATE BANK RECEIVER Huntington, Ind., April 1 (P)-Circuit Judge Sumner Kenner today appointed C. E. Paul, of Markle, as receiver for the Markle State Bank which was closed last week. Petition for appointment of a receiver was filed by the state banking commission. The directors and seventy per cent of the depositors had filed an application asking for Paul's appointment.


Article Text

Markle Bank Receiver Seeks Full Assessment [Special to The Indianapolis Star.] HUNTINGTON. Ind., April Charles E. Paul, for the Markle closed recently the filed suit cent assessment of in Circuit today public funds deposited Sparks trustee Rock ship. the sufficient satisfy obligations of the institutions.