Farmers State Bank - Boston, IN

Episode Information

Episode UID: 71100571600
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7110057 routing
Routing Number: 71-1005
Start Date: April 1, 1933
Location: Boston, Indiana (39.741, -84.852)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 57bfd981dfcd6a13

Response Measures

None

Description

Article gives no exact suspension date beyond 'only recently.'

Events (2)

1. April 1, 1933 Receivership

Newspaper Excerpt: The Farmers' State bank, Boston, Ind., was placed in receivership in Wayne circuit court, yesterday, on a petition filed by Luther Symons, state banking commissioner. Z. J. Stanley ... was named receiver ... The receivership was not contested by the bank, which suspended operations only recently.
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Suspended operations shortly before receivership; action appears tied to state banking supervision leading to petition.
Newspaper Excerpt: the bank ... suspended operations only recently.
Source: newspapers

Newspaper Articles (1)

1. April 1, 1933 The Richmond Item Richmond, IN

Article Text

Receiver Named for Boston Bank The Farmers' State bank, Boston, Ind., was placed in receivership in Wayne circuit court, yesterday, on a petition filed by Luther Symons, state banking commissioner. Z. J. Stanley, Richmond attorney, was named receiver for the institution and gave bond of $10,000. The receivership was not contested by the bank, which suspended operations only recently.