Utica State Savings Bank (Utica, MI)

Episode Information

Episode UID
74106071693
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
7410607 routing
Routing Number
74-1060
Start Date
January 16, 1941
Location
Utica, Michigan (42.626, -83.034)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ff1dee98b8f007ef

Response Measures

None

Events (4)
1. January 16, 1941 Receivership
Newspaper Excerpt
Appointed by the state banking department to the receivership of the Utica State Savings Bank, George H. Van Buren, ... took over his new duties Tuesday morning.
Source
newspapers
2. January 23, 1941 Other
Newspaper Excerpt
Albert Neumaier ... has purchased the building of the defunct Utica State Bank ... The bank has been in the hands of a receiver ever since the bank holiday and depositors are expected to receive one more pay off before the business is closed.
Source
newspapers
3. October 3, 1942 Receivership
Newspaper Excerpt
Petition of R. A. Carroll, Receiver of Utica State Savings Bank ... praying that this Court enter an ORDER approving, ratifying and confirming the official liquidation of Utica State Savings Bank ... and dissolving said banking corporation.
Source
newspapers
4. * Suspension
Cause
Government Action
Cause Details
Placed in receivership during the bank holiday (banking holiday) and ceased normal operations thereafter.
Newspaper Excerpt
The bank has been in the hands of a receiver ever since the bank holiday and depositors are expected to receive one more pay off before the business is closed.
Source
newspapers

Newspaper Articles (7)
1. January 16, 1941 The Daily Monitor Mount Clemens, MI
Article from The Daily Monitor, January 16, 1941

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Article Text

Utica Personals TH The Utica Tuesday Club will hold its annual meeting on Tues. knit Utic day afternoon, Jan. 21, at the home of Miss Dora Hahn, 4926 17, 8 Cass street, opening at 2:30 Hirt o'clock. The choice of study meet for next year will also be made in tl at this time. President Mrs. Jas. Hirtl Fletcher has appointed as a fered nominating committee to act at Th this time Mrs. Sam McLean, cut I Mrs. A. B. Ladd, and Mrs. Sarah meet Baird. take able The Macomb County Past Matron's Club will meet on Wed- to by A nesday, Jan. 22, with the Past Matrons of Roseville Chapter. It give Yarn will be a luncheon meeting. also Mrs. Leonard Morrison, Mrs. prefe Russell Gierman, Mrs. Emil been Lange. Mrs. Norman Van Jaars. are o veld, Mrs. Walter Rieck, Mrs. is he John Mohritz, Mrs. Frank Green hand attended the meeting of the MaLa comb County Council Parenthind Teacher Association held Tuestowr day afternoon at the Lake Shore of U High School. The Regular monthly meeting of Con the Utica-Parent-Teacher Assoon 1 ciation will be held on Wedneschur day evening, Jan. 22, at 8 pres o'clock, at the high school. The from speaker will be Dr. Lavinia Macthe ( Kay who will speak on "Your the Child's Health". The PTA exMrs. tends an invitation to everyone J. A to attend this meeting. Mrs. Jose Laurence Wilkeman and Mrs. three Martin Muehller will serve the Mich refreshments. deac Appointed by the state bankpiani ing department to the receiversocia ship of the Utica State Savings Mich Bank, George H. Van Buren, of Thor Birmingham, took over his new Bair duties Tuesday morning. The The vacancy was caused by the sudof t den death of John Barron, rehold ceiver for the past five years. ity P Mr. Van Buren is also receivday, er for the Ferndale State Bank; O. F liquidator of the Romeo DeposValp itors Corporation and Almont the I Savings Bank. M William John Sipperley is actend the 1 companying his uncle, Fred Semenn, and a friend, Don Saunther, ders, of Detroit, on a motor trip home

2. January 23, 1941 The Daily Monitor Mount Clemens, MI
Article from The Daily Monitor, January 23, 1941

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Article Text

Neumaier Buys Bank Building UTICA-Albert Neumaier, of the firm of Merkel and Neumaier, has purchased the building of the defunct Utica State Bank, corner Main and Cass streets, Utica. The bank has been in the hands of a receiver ever since the bank holiday and depositors are expected to receive one more pay off before the busjness is closed.

3. October 3, 1942 The Daily Monitor Leader Mount Clemens, MI
Article from The Daily Monitor Leader, October 3, 1942

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day of September, A. D. 1942. Present: The Honorable Neil E. Reid. Circuit Judge. In the Matter of the petition of R. A. Carroll, Receiver of Utica State Savings Bank. of Utica, a Michigan banking coropration. for the entry of an order herein by said court approving. ratifying and confirming the liquidation of said bank by said receiver and his predecessor in office. discharging said receiver, and dissolving said banking corporation. On reading and filing the sworn petition of R. A. Carroll, receiver of Utica State Savings Bank. of Utica. Michigan, praying that this Court take official jurisdiction of the above entitled matter for the purposes specifically therein prayed, and that in the exercise of its said jurisdiction, and upon due proof of the premises alleged in said petition, this Court enter an ORDER approving, ratifying and confirming the official liquidation of Utica State Savings Bank. of Utica, Michigan. by said petitioner and his predecessor receiver. as receiver and successor receiver, of said bank, including the official discharge of said petitioning receiver and decreeing dissolution of the corporate existence of said banking corporation. and for other and further relief as in said petition prayed. and It further appearing from said petition that by reason of the multiplicity of the parties in interest in said matter and that many of said porties in interest are non-resident or absent from the State of Michigan, and there whereabouts can not be ascertained, and because of the diverse changes that have occurred in the Identity of the parties interested by reason of death. transfers of interest. or otherwise, personal service on all of said parties in interest could not be had without undue prejudice to the equities of the subject matters set forth and alleged in said petition. but that the object and purpose of said petition as expressed in the prayer thereof is common to all parties of direet interest therein as a class. to-wit. common to all of the stockholders and creditors of said bank as a class, and that because of inability to make said personal service, and after due consideration of the facts, matters and circumstances set forth in said petition and in due consideration thereof, IT IS HEREBY ORDERED. That each and every creditor. stockholder and other person interested in the receiver liquidation of Utica State Savings Bank of Utica, and in the discharge of said receiver and the dissolution of the corporate existence of said Utica State Savings Bank. of Utica, be and appear before this Court on Monday, the 2nd day of November, A. D. 1942, at the Circuit Court room in the City of Mt. Clemens. State of Michigan, at 2 o'clock P. M. on said day, or as soon thereafter as counsel can be heard. and THEN AND THERE TO SHOW CAUSE. if any there be. why the prayer of said petitioner should not be granted and an order entered in said matter. approving, ratifying and confirming the receiver liquidation of Utica State Savings Bank, of Utica, Michigan, and the discharge of the petitioning receiver thereof, and the final dissolution of the corporate existence of said Utica State Savings Bank, of Utica, Michigan, be decreed. pursuant to the provisions of the statutes in such cases made and provided, all according to the prayer of the petition of R. A. Carroll, Receiver of said Utica State Savings Bank. of Utica. Michigan. and filed in this Court and cause according to the rules and practice thereof. IT IS FURTHER ORDERED. and directed that notice of hearing on the matters and things prayed for in said petition and of the day and time fixed by this Court for said hearing, be served personally on at least three deposit creditors and on at least three stockholders creditors of said bank, at least six days prior to the date herein fixed and designated for the hearing on said petition, and that a copy of this order be published in the Monitor-Leader, a newspaper printed, published and in general circulation in the County of Macomb, State of Michigan, once each week for three successive weeks, the last publication thereof to be at least six days prior to the date fixed for said hearing on said petition. NEIL E. REID. A true copy: Circuit Judge EUNICE R. ROSE, Deputy Clerk Countersigned: GUY L. BROWN, Clerk HERBERT J. RUSHTON, Attorney General JAMES A. GREENE, Attorney for Petitioner Ass't Att'y General Business Address: State Office Bldg. Lansing, Michigan Oct. 3-10-17-24-M-L

4. October 10, 1942 The Daily Monitor Leader Mount Clemens, MI
Article from The Daily Monitor Leader, October 10, 1942

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Article Text

It further appearing from said petition that by reason of the multiplicity of the parties in interest in said matter and that many of said porties in interest are non-resident or absent from the State of Michigan, and there whereabouts can not be ascertained, and because of the diverse changes that have occurred in the identity of the parties interested by reason of death, transfers of interest. or otherwise, personal service on all of said parties in interest could not be had without undue prejudice to the equities of the subject matters set forth and alleged in said petition, but that the object and purpose of said petition as expressed in the prayer thereof is common to all parties of direct interest therein as a class, to-wit, common to all of the stockholders and creditors of said bank as a class, and that because of inability to make said personal service, and after due consideration of the facts, matters and circumstances set forth in said petition and in due consideration thereof, IT IS HEREBY ORDERED, That each and every creditor, stockholder and other person interested in the receiver liquidation of Utica State Savings Bank of Utica, and in the discharge of said receiver and the dissolution of the corporate existence of said Utica State Savings Bank, of Utica. be and appear before this Court on Monday. the 2nd day of November, A. D. 1942, at the Circuit Court room in the City of Mt. Clemens. State of Michigan, at 2 o'clock P. M. on said day, or as soon thereafter as counsel can be heard, and THEN AND THERE TO SHOW CAUSE. if any there be. why the prayer of said petitioner should not be granted and an order entered in said matter, approving. ratifying and confirming the receiver liquidation of Utica State Savings Bank, of Utica, Michigan, and the discharge of the petitioning receiver thereof, and the final dissolution of the corporate existence of said Utica State Savings Bank, of Utica, Michigan, be decreed, pursuant to the provisions of the statutes in such cases made and provided. all according to the prayer of the petition of R. A. Carroll, Receiver of said Utica State Savings Bank, of Utica, Michigan. and filed in this Court and cause according to the rules and practice thereof. IT IS FURTHER ORDERED, and directed that notice of hearing on the matters and things prayed for in said petition and of the day and time fixed by this Court for said hearing. be served personally on at least three deposit creditors and on at least three stockholders creditors of said bank, at least six days prior to the date herein fixed and designated for the hearing on said petition, and that a copy of this order be published in the Monitor-Leader. a newspaper printed, published and in general circulation in the County of Macomb, State of Michigan, once each week for three successive weeks, the last publication thereof to be at least six days prior to the date fixed for said hearing on said petition. NEIL E. REID. Circuit Judge A true copy: EUNICE R. ROSE, Deputy Clerk Countersigned: GUY L. BROWN. Clerk HERBERT J. RUSHTON. Attorney General JAMES A. GREENE Attorney for Petitioner Ass't Att'y General Business Address: State Office Bldg. Lansing, Michigan Oct. 3-10-17-24-M-L

5. October 17, 1942 The Daily Monitor Leader Mount Clemens, MI
Article from The Daily Monitor Leader, October 17, 1942

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said receiver, and dissolving said banking corporation. On reading and filing the sworn petition of R. A. Carroll, receiver of Utica State Savings Bank, of Utica, Michigan, praying that this Court take official jurisdiction of the above entitled matter for the purposes specifically therein prayed, and that in the exercise of its said jurisdiction, and upon due proof of the premises alleged in said petition, this Court enter an ORDER approving, ratifying and confirming the official liquidation of Utica State Savings Bank, of Utica, Michigan, by said petitioner and his predecessor receiver, as receiver and successor receiver, of said bank, including the official discharge of said petitioning receiver and decreeing dissolution of the corporate existence of said banking corporation, and for other and further relief as in said petition prayed, and It further appearing from said petition that by reason of the multiplicity of the parties in interest in said matter and that many of said porties in interest are non-resident or absent from the State of Michigan, and there whereabouts can not be ascertained, and because of the diverse changes that have occurred in the identity of the parties interested by reason of death, transfers of interest, or otherwise, personal service on all of said parties in interest could not be had without undue prejudice to the equities of the subject matters set forth and alleged in said petition, but that the object and purpose of said petition as expressed in the prayer thereof is common to all parties of direct interest therein as a class, to-wit, common to all of the stockholders and creditors of said bank as a class, and that because of inability to make said personal service, and after due consideration of the facts, matters and circumstances set forth in said petition and in due consideration thereof, ### IT IS HEREBY ORDERED, That each and every creditor, stockholder and other person interested in the receiver liquidation of Utica State Savings Bank of Utica, and in the discharge of said receiver and the dissolution of the corporate existence of said Utica State Savings Bank, of Utica, be and appear before this Court on Monday, the 2nd day of November, A. D. 1942, at the Circuit Court room in the City of Mt. Clemens, State of Michigan, at 2 o'clock P. M. on said day, or as soon thereafter as counsel can be heard, and THEN AND THERE TO SHOW CAUSE, if any there be, why the prayer of said petitioner should not be granted and an order entered in said matter, approving, ratifying and confirming the receiver liquidation of Utica State Savings Bank, of Utica, Michigan, and the discharge of the petitioning receiver thereof, and the final dissolution of the corporate existence of said Utica State Savings Bank, of Utica, Michigan, be decreed, pursuant to the provisions of the statutes in such cases made and provided, all according to the prayer of the petition of R. A. Carroll, Receiver of said Utica State Savings Bank, of Utica, Michigan, and filed in this Court and cause according to the rules and practice thereof. IT IS FURTHER ORDERED, and directed that notice of hearing on the matters and things prayed for in said petition and of the day and time fixed by this Court for said hearing, be served personally on at least three deposit creditors and on at least three stockholders creditors of said bank, at least six days prior to the date herein fixed and designated for the hearing on said petition, and that a copy of this order be published in the Monitor-Leader, a newspaper printed, published and in general circulation in the County of Macomb, State of Michigan, once each week for three successive weeks, the last publication thereof to be at least six days prior to the date fixed for said hearing on said petition. A true copy: EUNICE R. ROSE, Deputy Clerk Countersigned: GUY L. BROWN, Clerk HERBERT J. RUSHTON, Attorney General JAMES A. GREENE, Attorney for Petitioner Ass't Att'y General Business Address: State Office Bldg. Lansing, Michigan NEIL E. REID, Circuit Judge Oct. 3-10-17-24-M-L

6. October 17, 1942 The Daily Monitor Leader Mount Clemens, MI
Article from The Daily Monitor Leader, October 17, 1942

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STATE OF MICHIGAN The Circuit Court for the County of Macomb IN CHANCERY At a session of said Court, held at the Courthouse, in the City of Mt. Clemens. in said County, on the 28th day of September, A. D. 1942. Present: The Honorable Neil E. Reid, Circuit Judge. In the Matter of the petition of R. A. Carroll, Receiver of Utica State Savings Bank, of Utica, a Michigan banking coropration, for the entry of an order herein by said court approving. ratifying and confirming the liquidation of said bank by said receiver and his predecessor in office, discharging

7. October 24, 1942 The Daily Monitor Leader Mount Clemens, MI
Article from The Daily Monitor Leader, October 24, 1942

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Circuit Judge. In the Matter of the petition of R. A. Carroll, Receiver of Utica State Savings Bank. of Utica, a Michigan banking coropration. for the entry of an order herein by said court approving. ratifying and confirming the liquidation of said bank by said receiver and his predecessor in office, discharging said receiver, and dissolving said banking corporation. On reading and filing the sworn petition of R. A. Carr u. receiver of Utica State Savings Bank. of Utica, Michigan, praying that this Court take offi-s claim jurisdiction of the above entitled matter for the purposes specifically therein prayed, and that in the exercise of its said jurisdiction, and upon due proof of the premises alleged in said petition. this Court enter an ORDER approving, ratifying and confirming the official liquidation of Utica State Savings Bank. of Utica. Michigan. by said petitioner and his predecessor receiver, as receiver and successor receiver, of said bank, including the official discharge of said petitioning receiver and decreeing dissolution of the corporate existence of said banking corporation, and for other and further relief as in said petition prayed. and It further appearing from said petition that by reason of the multiplicity of the parties in interest in said matter and that many of said porties in interest are non-resident or absent from the State of Michigan, and thère whereabouts can not be ascertained, and because of the diverse changes that have occurred in the identity of the parties interested by reason of death. transfers of interest, or otherwise, personal service on all of said parties in interest could not be had without undue prejudice to the equities of the subject matters set forth and alleged in said petition. but that the object and purpose of said petition as expressed in the prayer parties & 2 common all to thereof is rect interest therein as a class, to-wit, common to all of the stockholders and and creditors of said bank as a class, a that because of inability to make personal service, and after due consideration of the facts, matters and circumstances set forth in said petition and in due consideration thereof. each IT IS HEREBY ORDERED. That and every creditor, stockholder and other person interested in the receiver liquidation of Utica State Savings Bank of Utica, and in the discharge of said receiver and the dissolution of the corporate existence of said Utica State Savings Bank. of Utica. be and appear before this Court on Monday, the 2nd day of November, A. D. 1942. at the Circuit Court room in the City of Mt. Clemens. State of Michigan, at 2 o'clock P. M. on said day. or as soon thereafter as counsel can be heard. and THEN AND THERE TO SHOW CAUSE. if any there be, why the prayer of said petitioner should not be granted and an order entered in said matter, approving. ratifying and confirming the receiver liquidation of Utica State Sevings Bank, of Utica, Michigan, and the discharge of the petitioning receiver thereof. and the final dissolution of the corporate existence of said Utica State Savings Bank, of Utica, Michigan, be decreed, pursuant to the provisions of the statutes in such cases made and provided, all according to the prayer of the petition of R. A. Carroll. Receiver of said Utica State Savings Bank, of Utica. Michigan, and filed in this Court and cause according to the rules and practice thereof. # and IT IS FURTHER ORDERED, the rected that notice of hearing matters and things prayed for said petition and of the day and time fixed by this Court for said hearing, be served personally on at least three deposit creditors and on at least three stockholders creditors of said bank. at least six days prior to the date herein fixed said and designated for the hearing on petition, and that a copy of this order be published in the Monitor-Leader, newspaper printed. published and in general circulation in the County of each comb, State of Michigan, once the week for three successive weeks, least last publication thereof to be at six days prior to the date fixed for said hearing on said petition. NEIL E. REID. A true copy: Circuit Judge EUNICE R. ROSE, Deputy Clerk Countersigned: GUY L. BROWN, Clerk HERBERT 3. RUSHTON, Attorney General JAMES A. GREENE. Attorney for Petitioner Ass't Att'y General Business Address: State Office Bidg. I Lansing, Ret. if or STATE Court for the County of I & . session At the Probate Office said in Clemena Country. A. day of October Present, Birth Judge of Probate.