Bozeman Waters National Bank (Poseyville, IN)

Episode Information

Episode UID
814901598
Episode Type
Suspension β†’ Closure
Bank Type
national
Bank ID
81490 national
Charter Number
8149
Start Date
February 13, 1933
Location
Poseyville, Indiana (38.170, -87.783)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
96649764596ff33a

Response Measures

None

Receivership Details

Depositor recovery rate
34.6%
Date receivership started
1933-02-13
Share of assets assessed as good
3.4%
Share of assets assessed as doubtful
81.9%
Share of assets assessed as worthless
14.7%

Description

Articles report receivers and criminal charges against a receiver; known receivership date used for closure.

Events (7)

1. March 24, 1906 Chartered
Source
historical_nic
2. November 22, 1930 Voluntary Liquidation
Source
historical_nic
3. February 13, 1933 Receivership
Source
historical_nic
4. February 13, 1933 Receivership
Newspaper Excerpt
George Bittler, former local bank president, has been appointed receiver for the Bozeman Waters National bank at Poseyville, succeeding Lee Glenn...
Source
newspapers
5. December 5, 1933 Other
Newspaper Excerpt
George Bittler, former local bank president, has been appointed receiver for the Bozeman Waters National bank at Poseyville, succeeding Lee Glenn...
Source
newspapers
6. March 13, 1934 Other
Newspaper Excerpt
Lee Glenn, receiver for the BozemanWaters National bank at Poseyville, was indicted for embezzlement of $1,6600 by a federal grand jury...
Source
newspapers
7. April 10, 1934 Other
Newspaper Excerpt
Lee Glenn, 46, former receiver for the Bozeman-Waters National Bank of Poseyville, was under sentence of a year and a day in federal prison today on charges of embezzling $1,600.
Source
newspapers

Newspaper Articles (8)

Article Text

BANK RECEIVER HELD. Evansville, Ind, Dec. 5. George Bittler, former local bank president, has been appointed receiver for the Bozeman Waters National bank at Poseyville, succeeding Lee Glenn, who is a Federal prisoner here, charged with embezzling $3,000 of the bank's funds. Glenn, who has acted as receiver for seevral banks, waived preliminary hearing and is held in default of $5,000 bonds. When you are in want of anything, try our Want Ad column.


Article Text

POSEYVILLE BANK RECEIVER INDICTED INDIDANAPOLIS. March 13.-(P)Lee Glenn, receiver for the BozemanWaters National bank at Poseyville, was indicted for embezzlement of $1.6600 by a federal grand jury, reporting yesterday at Indianapolis. He will be arraigned Wednesday, March 21.


Article Text

BANK RECEIVER FACES U.S. CHARGES Lee Glenn Accused of Taking $1600 at Poseyville An indictment charging embezzleof $1600 was Tues by the federal grand jury at Indianapolis Lee Glenn, former receiver for the Bozeman Waters National Bank, Poseyville, Ind., according to United Press. Glenn scheduled for arrangeat Indianapolis Mar. The grand jury returned 61 indictments. Marshall Britton and Patrick McQuese indicted for interstate transportation of autos. They are alleged have brought stolen from Lexington, Ky., to EvansOrman Carter and Thereon Haines were indicted for burglary of the Griffin Post Office. Charles E. Klaser, William C. Coleman and James L. Brown were indicted for theft of $2500 worth of interstate merchandise from R C. and E. frieght car here. William Helfrich. John Seegar and Frederick Groeninger, Evansville, and Thruman Miles and Claude Lynnville, Ind., were indicted for operating stills. accidentally shot to death by his brother, John, while the two are shooting rats


Article Text

Former Poseyville Bank Receiver Gets Sentence EVANSVILLE Ind., April Lee Glenn, 46 years old, former receiver of the Bozeman Waters National Bank of Poseyville. pleaded guilty embezzlement of $1,600 the institution's funds and was sen. tenced to year and day. in Fed. eral Court here


Article Text

BANK RECEIVER IS SENTENCED EVANSVILLE, Ind., April 10.β€”(U. P.)β€”Lee Glenn, 46, former receiver for the Bozeman-Waters National Bank of Poseyville, was under sentence of a year and a day in federal prison today on charges of embezzling $1,600. His was one of several cases disposed of by Judge Robert C. Baltzell, Indianapolis, who opened the current term of federal court here yesterday. Glenn pleaded guilty. Martin Barker, Princeton mail carrier, was found guilty on charges of delaying delivery of the mails by throwing away newspapers and magazines and was sentenced to one day in jail.


Article Text

BANK RECEIVER IS SENTENCED EVANSVILLE, Ind., April 10.β€”(U. P.)β€”Lee Glenn, 46, former receiver for the Bozeman-Waters National Bank of Poseyville, was under sentence of a year and a day in federal prison today on charges of embezzling $1,600. His was one of several cases disposed of by Judge Robert C. Baltzell, Indianapolis, who opened the current term of federal court here yesterday. Glenn pleaded guilty. Martin Barker, Princeton mail carrier, was found guilty on charges of delaying delivery of the mails by throwing away newspapers and magazines and was sentenced to one day in jail. Thurman Miles, Boonville, was found guilty on charges of operating a still and charges of selling liquor against Frank Garrett, Sr., were dismissed. Walter Hill, Evansville, was given a suspended sentence of two years on charges of impersonating an officer. He recently completed a term in the state prison at Michigan City on charges of extorting $800 from a school teacher who testified the money was to pay off supposed federal prohibition agents who arrested her and Hill in a car which contained a bottle of liquor.


Article Text

BANK RECEIVER IS SENTENCED EVANSVILLE, Ind., April 10.β€”(U. P.)β€”Lee Glenn, 46, former receiver for the Bozeman-Waters National Bank of Poseyville, was under sentence of a year and a day in federal prison today on charges of embezzling $1,600. His was one of several cases disposed of by Judge Robert C. Baltzell, Indianapolis, who opened the current term of federal court here yesterday. Glenn pleaded guilty. Martin Barker, Princeton mail carrier, was found guilty on charges of delaying delivery of the mails by throwing away newspapers and magazines and was sentenced to one day in jail.


Article Text

BANK RECEIVER IS SENTENCED EVANSVILLE, Ind., April 10.β€”(U. P.)β€”Lee Glenn, 46, former receiver for the Bozeman-Waters National Bank of Poseyville, was under sentence of a year and a day in federal prison today on charges of embezzling $1,600. His was one of several cases disposed of by Judge Robert C. Baltzell, Indianapolis, who opened the current term of federal court here yesterday. Glenn pleaded guilty. Martin Barker, Princeton mail carrier, was found guilty on charges of delaying delivery of the mails by throwing away newspapers and magazines and was sentenced to one day in jail. Thurman Miles, Boonville, was found guilty on charges of operating a still and charges of selling liquor against Frank Garrett, Sr., were dismissed. Walter Hill, Evansville, was given a suspended sentence of two years on charges of impersonating an officer. He recently completed a term in the state prison at Michigan City on charges of extorting $800 from a school teacher who testified the money was to pay off supposed federal prohibition agents who arrested her and Hill in a car which contained a bottle of liquor.