Upland State Bank (Upland, IN)

Episode Information

Episode UID
71093071592
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7109307 routing
Routing Number
71-0930
Start Date
August 1, 1932*
Location
Upland, Indiana (40.476, -85.494)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1a0c2ed56e2dbe68

Response Measures

None

Description

Directors voted to close the bank for liquidation in Aug. 1932; receiver later appointed.

Events (3)
1. August 1, 1932* Suspension
Cause
Voluntary Liquidation
Cause Details
Directors voted to close the institution in August 1932 for liquidating purposes.
Newspaper Excerpt
The bank which closed Aug. 1932 ... directors voted to close the institution for liquidating purposes.
Source
newspapers
2. November 29, 1932 Receivership
Newspaper Excerpt
Application for receiver for the Upland State Bank today was filed in the Grant superior court by Luther F. Symons, state banking commissioner.
Source
newspapers
3. December 5, 1932 Receivership
Newspaper Excerpt
Judge Oren Dickey appointed Doris Reynolds receiver the institution. Bond of $15,000 was provided and Reynolds took the duties of the receivership.
Source
newspapers

Newspaper Articles (10)
1. November 29, 1932 Chronicle Tribune Marion, IN

Article Text

SYMONS URGES BANK RECEIVER Application for receiver for the Upland State Bank today was filed in the Grant superior court by Luther F. Symons, state banking commissioner. Hearing on the application was set for 10 m. Dec. The bank which closed Aug. 1932, is in failing and insolvent condition, according the applicaprepared filed by Atty. tion Gen. James M. Ogden. The bank had deposits of more than $100,000 which more than $30,000 was public funds at the time the directors voted to close the institution for liquidating purposes. E. Leach, former cashier of the bank, was named liquidating agent.

2. November 29, 1932 Chronicle Tribune Marion, IN

Article Text

SUITS FILED CIRCUIT COURT Claud E. Andrews and Mary Bernice Andrews vs. Mary A. Shugart et al, statement of restoration of sanity. Hardin and Biddinger. Eli E. Coats vs. Eva Ward, deed and contract. Hardin and Biddinger. SUPERIOR COURT First National Bank vs Marion Aero Club, Inc., and Arthur E. Thompson, complaint on note. Condo, Van Atta and Batton. State of Indiana on relation of Luther Symons vs. Upland State Bank, application for receiver. James M. Ogden. Phoebe Shadle vs. Wayne Shadle, divorce. Harry E. Roberts. First National Bank vs Paul Hutchison and others, foreclosure. Condo, Van Atta and Batton. Marion National Bank vs. Elizabeth S. King and others, foreclosure. Condo, Van Atta and Batton.

3. December 6, 1932 Leader-Tribune Marion, IN

Article Text

BANK RECEIVER Court Appoints Doris Reynolds Handle Affairs of Closed to Institution; Symons Testifies. Following testimony in superior court yesterday by Luther F. Symstate banking commissioner, the effect that the condition of the closed Upland State Bank necessitates the appointment of receiver, Judge Oren Dickey appointed Doris Reynolds receiver the stitution. Bond of $15,000 was provided and Reynolds took the duties of the receivership Appointment the receiver after two had been persons suggested for place. appointment asked by Ross Troyer, former trustee, said the stockholders and directors of the Appealing for Reynolds' appointment was Ben Puckett, said chairman of the depositors comSymons testified that assets of the bank only liabilities totalling The bank capitalized for Included public funds amounting assessment necessary against Symons said, amount to about $16,000.

4. February 2, 1934 Leader-Tribune Marion, IN

Article Text

Court Minutes SUPERIOR COURT Loren T. Mart V8 Gladys Keever. alienation of affections Motion by defendant to require plaintiff make complaint more specific filed et al. note Jury case submitted to court heard finding for plaintiff against all fendants on note in suit sum of and costs without relief Judgment on finding The John Kelley Co. VS Rose Me Lemore, replevin Motion by de fendant for inspection of papers fil ed. submitted and inspection granted and ordered Cross com plaint by defendant filed and answer in general denial thereto filed. Jury empanneled and sworn try cause Cause submitted to jury and plaintiff's evidence heard Motion by de fendant to dismiss appeal filed. submitted and overruled and exception by All evidence heard Argument of counsel heard Jury in structed in writing and retire in charge of sworn bailiff to deliberate on Jury returns verdict for plaintiff finding that plaintiff is entitled to immediate possession of personal property described in the complaint In the receivership of the old First National Bank of Marion, George W Rauch, receiver Petition by receiv er for authority to convey real estate of Joseph and Myrtle Fry filed, sub mitted and same is ordered. City of Marion, account Answer in general denial by defendant filed Cause submitted. evidence finding for plaintiff against defend ant that the allegations of complaint are true and that plaintiff is ed to judgment on contract against defendant in sum of 62 and costs without relief Judgment is ordered on the finding In the receivership of the Upland State Bank Receiver's current re port filed and submitted

5. February 2, 1934 Chronicle Tribune Marion, IN

Article Text

COURT MINUTES SUPERIOR COURT Civil Docket The John Kelley Co. Rose McLemore, replevin. Motion by fendant for inspection of papers submitted inspection ordered. Cross complaint by defendant filed and answer general denial thereto filed. Jury empanneled and sworn to try cause. Cause submitted to jury and plainevidence heard. Motion by fendant dismiss appeal filed, submitted overruled exception defendant. All evidence heard. Argument counsel heard. Jury structed writing retire charge of sworn to deliberate verdict. Jury returns verdict for plaintiff, finding that plaintiff entitled of personal property described in the In the receivership the Upland State Bank. Receiver's current port filed and submitted.

6. February 10, 1934 Leader-Tribune Marion, IN

Article Text

Court Minutes SUPERIOR COURT Civil Docket Grace Peck vs. Harley Peck, die vorce. Counter showing by defends ant application for suit and supe port money filed. Application mitted and defendant is ordered to pay to clerk $25 or before April 1984 for of plaintiff with which to pay her attorney and the application for support continued. In the receivership of the Upland State Bank. Receiver's first current report approved and receivership continued. Mary O. Pulley vs. Harry E. Pulle ley, divorce. Finding for plaintiff that the allegations her complaint are true that plaintiff is elle titled to divorce from defendant and custody of Donald Oath Pulley, 10 months, is awarded plaintiff and defendant ordered to $2.50 per week for support and $25 on or before April 1984 for use plaintiff with which her attorney. Costs pay defendant. Gustav J. Gruendler Manufacture ing Co. vs. Oscar Wagner, forecloss ure. Motion strike out and make parts of cross complaint more specific submitted, overruled and exception by plaintiff. Dorothy Tippey Jesse C. Tips pey, divorce. agreement of course defendant ordered pay clerk $4 per week beginning 12 1934 for support and $25 or before March 1934 for use plaintiff with which to pay her at aorney. Harold Alleman vs. June D. Allen man, Cause dismissed motion of plaintiff. Judgment for costs against plaintiff. Sadie M. Baumbaugh Henry Baumbaugh, divorce. Verified plication by plaintiff for suit support money filed. Hearing sets for Feb. 15, 1934 at m. and tice CIRCUIT COURT Civil Docket In the liquidation the Van Buren State Bank. Petition for order to pay dividend number two filed, submitted and granted and ten percent dividend is ordered H J. Bernstein vs. L. Scott, come tract Motion of by defendant filed.

7. January 18, 1935 Leader-Tribune Marion, IN

Article Text

Suits Filed CIRCUIT COURT Albert Burgan vs. Ben E. Rybolt et al. Note. Lloyd McClure. Albert Burgan vs. Ben E. Rybolt et al. Note. Lloyd McClure. SUPERIOR COURT Dorris E. Reynolds as receiver of the Upland State Bank vs. Elmer Keever et al. Note. Gemmill, Browne and Campbell. Agnes C. East vs. Quality Poultry and Produce Co. et al. Damages. William A. Fisher. John L. Seale vs. Jane G. Seale. Divorce. A. Jay Keever.

8. November 12, 1935 Chronicle Tribune Marion, IN

Article Text

SUIT INVOLVES 2 PROPERTIES Two residential properties in Upland are involved in a suit between Doris Reynolds, receiver for the Upland State Bank, and Holland Brown which will be heard in Blackford circuit court Friday. Continued until Friday, the case was venued from the Grant superior court. It had been scheduled for a hearing here today. The plaintiff in the suit charges that Brown had deeded two Upland properties to his son, Marion Brown, for no consideration and for the purpose of evading payment of a note. The bank receiver had obtained a judgment of $1,138 on September, 1934, against Holland and Ella B. Brown on an unsecured note. In the present action the plaintiff seeks to set aside deeds made by Brown. The bank receivership is represented by Browne and Campbell and the defendant by Connersville and Hartford City attorneys.

9. November 17, 1935 Leader-Tribune Marion, IN

Article Text

NOTRE DAME, ARMY PLAY TO TIE; INDIANA DOWNS CHICAGO FIRST BIG 10 VICTORY WON BY HOOSIERS Indiana Eleven Scores 24 to 0 Victory Over Chicago; Berwanger Leads Chicago Attack. BY WILLIAM WEEKS Chicago, Ill., Nov. 16. (AP) — The Hoosiers of Indiana, starved for a Big Ten football victory, gorged themselves on a 24 to 0 upset triumph over Chicago's Maroons at Stag Field today. The Hoosiers, who had lost to Michigan and Ohio State and had a 6 to 6 tie with Iowa as the high spot of their season, outplayed the Maroons with the exception of a few Dreams of Grid Honors Blasted; Syracuse Beaten Upland, Ind., Nov. 16. — Legal proceedings between Doris Reynolds, receiver for the Upland State Bank, and Holland Brown in which the plaintiff seeks to set aside two deeds made by Brown to his son will be resumed in Blackford circuit court Tuesday. The case was venued from the Grant superior court to Hartford City. It was continued last Friday. Brown is alleged to have deeded two Upland residential properties to his son, Marion Brown, in an attempt to evade payment on a note. The bank receiver had obtained a previous judgement against Brown and his wife. The plaintiff seeks to set aside deeds made by Brown in the present litigation.

10. November 19, 1935 Leader-Tribune Marion, IN

Article Text

UPLAND RECEIVER ACTION TO BE RESUMED IN COURT Upland, Ind., Nov. 18—Legal proceedings in which Doris Reynolds, receiver for the Upland State Bank, seeks to set aside two deeds made by Holland Brown to his son will be resumed in Blackford circuit court Tuesday. The case was venued from Grant county superior court. Brown was alleged to have deeded two residential properties in Upland to his son, Marion Brown, to evade payment on a judgment which the bank receiver had previously obtained. BOY RECOVERS Hartford City, Indiana, Nov. 18.—James Wilhelms, fifteen, son of Mr. and Mrs. Paul Wilhelms, is reported recovering from injuries sustained when he was struck by an automobile on state road three while hitchhiking to Muncie Friday night. RECOMMEND PLANT Hartford City, Indiana, Nov. 18.—Recommendation has been made by state board of health representatives following an investigation of the city dump that a garbage disposal plant be established. OUTLINE CAMPAIGN Hartford City, Indiana, Nov. 18.—The annual membership campaign of the Blackford county farm bureau will be outlined at a banquet to be held here Tuesday night, Nov. 26. PAROLE REFUSED Hartford City, Indiana, Nov. 18.—The state board of clemency has refused to parole Lon Flint, Hartford City, trucker, now serving a one to 10 year sentence in the state prison for manslaughter. His truck struck and killed Isaac Waters. CLAYTON RITES HELD Wabash, Ind., Nov. 18.—Funeral services for Mrs. Lucinda Clayton, sixty-five, were held today. She died at her home in Roann.