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When state expenditures exceeded its revenues, Jennings preferred to secure the state's debts with bank loans to cover the shortfall rather than issuing treasury notes. Although taxes were levied and the state borrowed from the First State Bank of Indiana, the state's fiscal status remained bleak, worsened by the economic depression of 1819. [98]
Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide.
The Second State Bank had been chartered in late 1833 for a period of 25 years, and was succeeded by the Third State Bank of Indiana. The National Bank Act that the U.S. Congress passed during the Civil War ended the need for a state banking system, and the Indiana National Bank of Indianapolis came into existence. [3]
Indiana advances bill to ban China, other ‘foreign adversaries’ from buying farmland — after report reveals Chinese investors own nearly 385,000 acres of US land Serah Louis March 12, 2024 ...
Majestic Building, also known as the Indiana Farm Bureau Co-op Building, is a historic commercial building located at Indianapolis, Indiana. It was built in 1895–1896, and is a large ten-story, U-shaped, brick and limestone building. It features semi-circular and voussoir arched openings. [2]: 2–5
In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
Bank of America: 1985 Citizens and Southern Georgia Corporation Citizens and Southern National Bank of South Carolina Citizens & Southern National Bank: Bank of America: 1985 Trust Company of Georgia SunBanks, Inc. SunTrust Banks: Truist Financial: 1985 Signet Banking Corporation Union Trust Bancorp Signet Banking Corporation Wells Fargo: 1986
The New Albany branch building for the Bank of Indiana. The state Bank of Indiana was a government chartered banking institution established in 1833 in response to the state's shortage of capital caused by the closure of the Second Bank of the United States by the administration of President Andrew Jackson. [1]
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