Peoples Bank (Danville, PA)

Episode Information

Episode UID
8933556391322
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
893355639 hash
Start Date
February 10, 1910
Location
Danville, Pennsylvania (40.963, -76.613)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
a5785c020c01b2d6

Response Measures

None

Description

Bank entered voluntary liquidation (Feb 10, 1910) and later had a receiver appointed.

Events (2)

1. February 10, 1910 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank voluntarily went into liquidation on Feb. 10, 1910 following about seven years of existence.
Newspaper Excerpt
went into voluntary liquidation Feb. 10, 1910
Source
newspapers
2. February 7, 1911 Receivership
Newspaper Excerpt
the court ... has named W. C. Pursel of Danville as receiver of the Peoples' bank of Danville, which went into voluntary liquidation Feb. 10, 1910. Inability to liquidate the affairs of the bank without a receiver led to his appointment.
Source
newspapers

Newspaper Articles (6)

Article from The Forest Republican, February 8, 1911

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Article Text

Receiver Named For Bank. Danville. Pa., February 7. - The court of common pleas of Dauphin county has named W. C. Pursel of Danville as receiver of the Peoples' bank of Danville, which went into voluntary liquidation Feb. 10, 1910, following an existence of about seven years. Inability to liquidate the affairs of the bank without a receiver led to his appointment.


Article from The Forest Republican, February 8, 1911

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Article Text

Receiver Named For Bank. Danville. Pa., February 7. - The court of common pleas of Dauphin county has named W. C. Pursel of Danville as receiver of the Peoples' bank of Danville, which went into voluntary liquidation Feb. 10, 1910, following an existence of about seven years. Inability to liquidate the affairs of the bank without a receiver led to his appointment.


Article from Harrisburg Telegraph, January 16, 1914

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Article Text

When President Judge Kunkel yesterday signed the order for the drawing it was believed that Monday or Tuesday of next week would be chosen for the purpose; the fact that next week will be an equally busy court week; however, interfered and to-morrow was definitely agreed upon. Sixty traverse jurors will be selected to do duty during the week of February 23. Jury Commissioners Dapp and Taylor are now preparing the complete list of the voters of the county who have been placed in the jury wheel this year or last year in order that none of the same names may be put in when the wheel is filled again for 1914. Each of the commissioners and President Judge Kunkel will be furnished with a list and tabs will be kept so that there may be no duplications. Accounts Presented. - Among the accounts presented yesterday to President Judge Kunkel for confirmation were the following: Don M. Larabee, receiver of the National Protective Association; first and final account of William. G. Pursel, receiver of the People's Bank, Danville; account of Berks County Trust Company, trustee for Derry Block Apartment Company, on sale of real estate; annual account of principal and trustees of Emaus Orphan Home. Mary Radler's Will Probated. Register of Wills Danner yesterday probated the will of Mary Radler, formerly of Millersburg. Letters on the estate were granted to Dr. Calvin Eroh, Norristown. County Tax Rate at 4 Mills-At today's meeting of the county commissioners the county tax rate for 1914 was officially fixed at four mills. This action was taken in accordance with the decision of the commissioners following the adoption of the budget Wednesday. Wills Probated-The will of Phillip F. Graeff, formerly of Millersburg, was probated to-day and letters were issued to his widow, Mrs. Polly Graeff. The will of Elizabeth Hoover, Penbook, also was probated and letters on that estate ley. were granted to Attorney John C. NissNew Mercantile Appraiser Here Harry B. Hoffman, a son of County Commissioner Isaac Hoffman, and Dauphin county's new mercantile appraiser for 1914, was a visitor at the court house to-day. He called upon County Treasurer Bailey and discussed his plans for the year. To Identify Witnesses - Deputy Register of Wills Charles W. Rebendall will go to Philadelphia to-morrow to ascertain and verify the signatures of the will of Mrs. Isabella Stoudt, who died in this city a short time ago. The will was made in Philadelphia and all the witnesses attested there. The instrument bequeaths several $1,000 legacies to various church and other organizations in Philadelphia. Realty Transfers Realty transfers in city and county yesterday included the following: Lillie C. Laudermilch to Mary Kaufman, Jackson township, $1,050; Annie B. Brubaker to Samuel A. Calmon, Wiconisco, $600; Lydia Eby's heirs to H. R. Romberger, Mifflin township, $165; R. V. Stoudt to H. M. Spotts, Wiconisco township, $50; Sarah Weaver to P. H. Keboch, Berrusville, $50, Changing Windows at Jail-The proposed substitution of broader, more modern windows on the lower tler cells of the county jail as proposed by the prison inspectors will hardly be started before March 1, according to the county commissioners this


Article from Harrisburg Telegraph, February 14, 1914

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Article Text

The action was brought in Uncle Sam's Court because the law provides that where a foreign subject is injured in the employ of a corporation of Pennsylvania, the injured one may have his choice of seeking redress in the Federal or county courts. The trial will likely be listed for May term. The damage claim is based upon the alleged negligence of the company in ordering Joseph, through one of the shifting foremen, to unlock a gondola car about June 16, 1913. The door refused to budge and Joseph and a company were beneath, prying at the reluctant bolt, when another draught bumped into the car. Vrcek's left hand was so badly crushed as to make it useless. Only the thumb dangles from the wrist. Auditor For Danville Bank.-President Judge Kunkel to-day appointed William J. Baldy, Danville, to audit the accounts of William G. Pursell, receiver for the People's Bank at Danville. At the Register's Office.-The will of Catherine Light, Millersburg, was probated to-day and letters were granted to her son, John W. Light, Palmerton, Pa. Realty Transfers.-Realty transactions recorded yesterday included the following: T. Yoselowitz to Tama Sain, Steelton, $950; A. Baumbach to S. Klanvoresky, Middletown, $1,600; H. L. Spangler to Elias Seltzer, Lower Paxton, $950; Sara W. Hess to Alice Harner, 4061/2 Reily, $1,200; W. H. Wagner to Roy W. Wagner, Brookwood street, $1,300; Dora G. Speakman et al. F. F. Hetrick, 1910-14 and 24 Park street, $10; F. F. Hetrick to Wayne B. Johns, 1920 Park, and E. G. P. Raunicker, 1926 Park, $1 each; W. G. Long, 1922-24 Park, $100; Guy W. Welham, 1914 Park, $3,050; Dora G. Spealman, 1910 Park, $3,000, and Samuel Weigle, 1916 Park, $3,050. Boyer as St. Valentine.-More than a dozen post pards and valentines intended for the inmates and attaches of the almshouse were mailed to the office of the board to-day and were taken out to the poor house by Director C. L. Boyer. To Celebrate 82nd Birthday.-Announcements have been received by many of the county officials of the eighty-second birthday anniversary February 16, of Samuel B. Coles senior editor of the Lykens standar and probably one of the oldest printers and editors in the State. County officers and attaches will mail the veteran editor cards of greetings.


Article from Harrisburg Telegraph, February 14, 1914

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Article Text

Auditor For Danville Bank.-President Judge Kunkel to-day appointed William J. Baldy, Danville, to audit the accounts of William G. Pursell, receiver for the People's Bank at Danville.


Article from Harrisburg Telegraph, October 26, 1918

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Article Text

Courthouse Notes Court Continued. - The quarterly sessions of divorce court which were to have been held on Monday have been postponed until the week of November 11, because of the epidemic of influenza. Need Teachers. - W.R. Zimmerman, assistant county school superintendent, announced to-day that two teachers are needed, one for a school in Royalton, the other for a vacancy in Swatara township. Auditor Appointed. - The appointment of William J. Baldy as auditor of the receiver's report of funds of the Peoples' Bank of Danville, was revoked by the court to-day and William Kase West, named as his successor. William G. Pursel, the receiver, reported in his petition to the court that Mr. Baldy has not taken any official action in auditing the first and final account. Administrators Named. - Acting Register of Wills James G. Miles has issued letters of administration in the following estates: William F. Brightly, late of the city, to the widow, Emonia Brightly; Elizabeth J. Jeffries, late of the city, to Christopher Jeffries; Catherine E. Zimmerman, late of Middletown. to John E. and Frank S. Zimmerman: John H. Wieand, late of the city, to Laura B. Wieand. The wil of Perry G. Elder, late of Harrisburg, was probated.