Bank of Ivanhoe (Ivanhoe, VA)

Episode Information

Episode UID
9107618291526
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
910761829 hash
Start Date
February 5, 1927
Location
Ivanhoe, Virginia (36.840, -80.967)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5eeda656818e0a99

Response Measures

None

Description

Articles identify a receiver for the bank, indicating failure and receivership; no reopening mentioned.

Events (3)

1. February 5, 1927 Other
Newspaper Excerpt
the alleged robbery of the bank of Ivanhoe, located at Ivanhoe, Wythe county, on February 5, 1927.
Source
newspapers
2. April 10, 1929 Receivership
Newspaper Excerpt
receiver for the Bank of Ivanhoe against the Maryland Casualty Company ... The case of the receiver for the Bank of Ivanhoe ... is being tried in the United States district court at Abingdon this week.
Source
newspapers
3. March 18, 1931 Other
Newspaper Excerpt
U. S. Circuit Court Affirms Judgment in Favor of Bank Receiver ... judgment entered ... in the case of J. M. Kelly, of Wytheville, receiver of the Bank of Ivanhoe
Source
newspapers

Newspaper Articles (2)

Article from The Roanoke Times, April 11, 1929

Click image to open full size in new tab

Article Text

IVANHOE CASHIER TELLS OF ROBBERY Third Suit of Bank Receiver to Collect Burglary Insurance in Progress SECOND JURY IS DRAWN Witness Is Alleged to Have Violated Court Order in Talking to Juror Abingdon, April 10 (AP)β€”Mrs. J. E. Huddle, cashier of the Bank of Ivanhoe, was the principal witness heard today in United States district court at Abingdon in the suit of the bank receiver against the Maryland Casualty Company. The Ivanhoe institution is suing for the recovery of $6,000, which the plaintiff claims is the amount due it from the insurance company as the result of the alleged robbery of the bank in February, 1927. The Maryland company refused to pay the amount of the bond, claiming that the theft did not take place as the bank officials allege. Mrs. Huddle described the details of the robbery and told of how she was forced by the robber into the vault and locked in. The witness testified that she saw only one man during the robbery. John H. Huddle, father-in-law of the cashier, also took the stand, testifying regarding some loans that had been made to him by the bank. Mrs. Huddle was first called to the stand yesterday afternoon and her testimony and cross examination required until noon today. Hearing of the case was begun Monday but the jury was dismissed yesterday morning by Judge Henry Clay McDowell when it was alleged that one of the witnesses, J. H. Huddle, had held a conversation with H. Bowman Meek, a member of the jury, contrary to a court rule. A new jury was drawn yesterday afternoon and the rehearing begun. Trial of Mr. Huddle for the alleged violation of the rule is scheduled for Friday. Is Third Trial. Wytheville, April 10 (Special).β€”The case of the receiver for the Bank of Ivanhoe against the Maryland Casualty Company, is being tried in the United States district court at Abingdon this week. This case was brought by the receiver at the instance of the banking division of the State Corporation Commission to collect $6,000 from the company, the amount of a burglary insurance policy carried by the Bank of Ivanhoe, when it was robbed in February, 1927. The Casualty Company resisted the claim and this is the third trial that has been held, both of the juries in the other trial having failed to agree on a verdict. The Bank of Ivanhoe, located in the village of Ivanhoe, on New river, was alleged to have been robbed in February 1927, and Mrs. J. E. Huddle, the cashier, was locked in the vault where she remained for several hours before it could be opened. It is alleged the robbers escaped in a closed car that officers were unable to trace. A large number of Wythe county peopel are interested in the case, either as witnesses or attorney.


Article Text

VERDICT UPHELD IN IVANHOE CASE U. S. Circuit Court Affirms Judgment in Favor of Bank Receiver Pulaski, Nov. 18 (Special).β€”The United States circuit court of appeals for the fourth circuit, at Richmond, has handed down a decision affirming the judgment entered by the United States District Court for the Western District of Virginia at Abingdon April 18, 1929, in the case of J. M. Kelly, of Wytheville, receiver of the Bank of Ivanhoe, versus the Maryland Casualty Company of Baltimore, in which the plaintiff was given a judgment for $6,000 with interest from May 1, 1927, Arthur G. Miller, Pulaski attorney associated with S. B. Campbell, of Wytheville, in the prosecution of the case, was advised today. The attorney had not been advised as to whether there would be further appeal to a higher court. The case was originally brought in the circuit court of Wythe county, but was removed to the Federal court. The case was tried four times, the first two trials resulting in mistrials when juries failed to reach a verdict. The third trial was stopped by Judge Henry C. McDowell on the second day and the jury discharged. Judge McDowell immediately empanelled a jury made up of Abingdon business men, and the trial resulted in a verdict for the receiver of $6,000. The case was the result of the alleged robbery of the bank of Ivanhoe, located at Ivanhoe, Wythe county, on February 5, 1927. The contention of the defendant company was that there was no actual robbery. The case has attracted wide spread interest.