News From the Past - Toluca, Marshall County, Illinois

Raid of Toluca Last Night Nets Big Haul (November 6, 1924)

Toluca Feather Factory Closes Down. (August 13, 1925)

Match Touched to Leak in Pipe Line Causes Big Fire (September 3, 1925)

Great Western Merchantile Company of Toluca Retiring From Business (October 15, 1925)

Star Herald at Toluca sold.  (June 17, 1926)

Toluca State Bank Closes Its Doors (November 25, 1926)

To Drill For Oil Near Toluca (December 30, 1926)

Directors and depositors plan to reopen Toluca State Bank (January 27, 1927)

E.G. Ball Indicted for violating banking law (May 26, 1927)

Survey Being Made To connect Toluca With Hard Road (June 23, 1927)

E.G. Ball of Toluca Files Schedule in Bankruptcy Action (June 30, 1927)

Professor E.C. Foley Resigns as Superintendent of Toluca Schools. (September 27, 1927)

Fire Destroys Toluca Theatre (January 1928)

Toluca Bankers Indicted (May 31, 1928)

Toluca Has A New Postmaster (July 12, 1928)

J.W. Cox of Toluca Buys Two Coal Mines (September 20, 1928)


November 6, 1924
Taken From the Henry News Republican

Raid of Toluca Last Night Nets Big Haul
Eleven Barrels Mash and Three Stills Part of Illicit Collection Taken

A raid by prohibition officers at Toluca last night netted three stills, eleven barrels of mash and some hard drinks. Three residences and three soft drink parlors were searched and of the latter two are old offenders.

The biggest haul yielded six barrels of mash and a 60 gallow capacity still. At each of the other two residences small stills were found with three barrels and two barrels of mash.  The soft drink parlors had some stuff stronger thatn 1 1/2 % and so they with the others will have to appear in court Monday.


August 13, 1925
Taken From the Henry News Republican

Toluca Feather Factory Closes Down.

The Toluca Feather Factory which has been in business in that city for the past two years closed down a week ago Monday and shipped all their goods to Chicago, where they will be located in the future. Leo Cohen, the proprietor states that they probably will open up in Toluca again in the fall when they can secure a more suitable building.


September 3, 1925
Taken From the Henry News Republican

Match Touched to Leak in Pipe Line Causes Big Fire

Last Friday afternoon the Standard Oil Company pipe line which runs parallel with the Santa Fe tracks sprung a leak at a broken elbow near Toluca, and the crude oil flooded several acres of farm land. The oil backed up in a 12-inch drain tile and accumulated on the surface of a ditch which runs under a highway bridge just east of Toluca. Someone touched a lighted match to the oil and a volume of heavy smoke poured into the air which could be seen for many miles. A pit was dug into which the oil was drained and burned. It is estimated that the loss of crude oil was 15,000 barrels.


October 15, 1925
Taken From the Henry News Republican

Great Western Merchantile Company of Toluca Retiring From Business

The Great Western Merchantile Company of Toluca is quitting business and has turned over their $45,000 stock of goods to the Merchants National Service Company of Chicago, who will conduct a sale of the goods, which will last until the entire stock of merchandise is disposed of, including the fixtures. This store has been in business in Toluca for over 30 years and the present owners are retiring from business.


June 17, 1926
Taken From the Henry News Republican

Star Herald at Toluca sold.

The Toluca Star Herald, owned and edited by W. Bonham for the past 15 years has been sold to John T. Carroll, also of Toluca. Possession being taken June 12. Mr. Carrell has been editing the Star Herald the last 18 months while Mr. and Mrs. Boham have been in Pomona, California. The Bohams plan to return to Pomona in the early July. The new owner was at one time employed on the Republican here.


November 25, 1926
Taken From the Henry News Republican

Toluca State Bank Closes Its Doors

State bank examiners closed the Toluca State Bank Monday morning and are making a thorough audit of the bank’s financial condition. It is reported that frozen assets and bad land deal are the cause.  It was organized in1905 and chartered in 194. Resources are between $600,000 and $700,000. Gaylord Ball is the president.

An opinion was expressed by a citizen of Toluca this morning that there would be some heavy losses. Several years ago the bank remodeled its quarters at a cost of around $40,000. Just a few days after signing the contract the word was given out that the mine would be dismantled. Since the latter several hundred families have moved elsewhere. The failure no doubt hinges on the shut-down and the poor weather conditions and crops this summer and fall.


December 30, 1926
Taken From the Henry News Republican

To Drill For Oil Near Toluca

A carload of machinery for oil drilling was unloaded last week and hauled to the Ireland farms south of Toluca, where drilling for oil will soon be started where as soon as the machinery can be set up and put into operation. The promotors are confident that there are large quantities of oil on this farmland and will take the chance and drill a well.


Janaury 27, 1927
Taken From the Henry News Republican

Directors and depositors plan to reopen Toluca State Bank

At a meeting of the depositors of the Toluca State Bank held on Tuesday, January 8, it was unaminously agreed that the depositors would sign over 15 percent of their deposits now in the Toluca State Bank for the purpose of opening the bank again. The directors are putting in $60,000 and the depositors $51,000. The Ball brothers, Gaylord and Chauncey land together with their bank stock to be signed over to 3 or 5 trustees elected by the depositors which would have a part in the election and they in turn would elect the directors and cashier of the new bank. It is said that if the plan fails, the bank would go into the hands of a receiver and that the depositors would stand to lose 40 or 60 percent of their savings.


May 26, 1927

E.G. Ball Indicted for violating banking law

Edwin G. Ball, president of the defunked Toluca State Bank was indicted by the Marshall County Grand Jury this week for receiving deposits when he knew his bank was in an insolvent condition. The indictments specifically covers a deposit of $1,036.73 made by Wyet Wink and another of $200 made by Fred Marshall on November 20. On Monday morning the 22nd, the bank failed to open its doors. Walace J. Black of Peoria has been retained by some of the depositors to handle their side of the bank failure


June 23, 1927

Survey Being Made To connect Toluca With Hard Road

During the last week, engineers of the Illinois Department of Highways Headquarters at Ottawa have been making a survey for a proposed concrete roadway, starting on a point of Route 17 in direct alignment with Main Street Toluca. This course is over farmland and about midway between the present gateways. Entering Toluca at Main Street on the north, it is understood the route as now being surveyed, will proceed down Main Street to Santa Fe Avenue, then west to the city limits, then southernly with Benson as the next village objective.


June 30, 1927

E.G. Ball of Toluca Files Schedule in Bankruptcy Action

In answer to an involuntary bankruptcy petition filed against him in federal court March 7, by James P. Mathis and other creditors, Edwin G. Ball, Toluca Banker-Farmer has entered a schedule of his liabilities and assets, showing that he owes approximately $20,000 more than the total of his holdings. His liabilities are placed at $107, 899.88, of which $49,121.90 represent unsecured claims. Assets are given at $87, 375.00. The chief item among his assets is interest in the two farms near Toluca, which he and his brother, Chauncey P. Ball operated. The latter is now contesting involuntary bankruptcy proceedings in federal court on the grounds that he is a farmer and not subject to involuntary bankruptcy action. Both of the brothers were connected with the Toluca State Bank, which was declared insolvent some time ago.


September 22, 1927
Taken From the Henry News Republican

Professor E.C. Foley Resigns as Superintendent of Toluca Schools.

Professor E.C. Foley, has tendered his resignation as superintendant of the Toluca Community High School to the board of education to take effect as soon as his successor can be selected. The board of education has not as yet acted on his resignation but are expected to do so very soon. Mr. Foley has accepted the position of Farm Advisor from Boone County, Ill. and he and his family will reside in Belvedere, Ill. Mr. Foley has taught in the Toluca High School the past several years, being selected superintendant of High School in 1925 to succeed professor D.D. Crump, who resigned as superintendant. He has been a very capable and able instructor and his loss will be keenly felt by the Toluca Schools. There are several applications for the position of superintendant to fill the vacancy, but to date no action has been taken by the board of education, which expects to meet in the near future. Mr. Foley will remain in Toluca and have charge of the schools until his successor is appointed.



Fire Destroys Toluca Theatre

Henry Republican, January 5, 1928

An early morning fire a week ago last Wednesday destroyed the Coliseum Theatre at Toluca to an extent of $4,000 or $5,000 damages and almost ruined the big fine building.

The fire was discovered by people returning home from a party and the alarm was at once given. The fire company turned out promptly and through hard work they succeeded in saving part of the building, although it is badly damaged by smoke and water and the whole south end is a total loss. The fire is supposed to have started from a defective flue in the furnace room. The floor is ruined, two pianos, the stage and scenery and the walls and part of the roof on the south is all destroyed. The total loss is estimated at about $5,000. Mr. Tozzi, the owner, carried insurance on the building and will be reimbursed for a part of the loss.


May 31, 1928
Taken From the Henry News Republican

Toluca Bankers Indicted

The Grand Jury called for the May term of the Marshall County Circuit Court has finished its work for the term has returned the following indictments.  The officers and directors of the Toluca State Bank were indicted for violation of the banking act. The individuals indicted as officers and directors are E.G. Ball, Chauncy P. Ball, William Rithmiller, Bernard Haugens, and Henry Christ..............


July 12, 1928
Taken From the Henry News Republican

Toluca Has A New Postmaster

Peter A. Aimone was recently appointed to the position of postmaster in Toluca upon the recommendation of Congressman William E. Hull. He has received his commission and assumed the duties of the office on July 1st. The retired postmaster, W.E. Skelton, has served during the last 4 years and 9 months, his term expiring last January.


September 20, 1928
Taken from the Henry New Republican

J.W. Cox of Toluca Buys Two Coal Mines

J.W. Cox, Toluca, owner of the Toluca & Rutland railway, has bought the Cherry min of the St. Paul Coal Co., in Bureau county, and also the Standard mine owned by that company. The latter mine is to be operated at once and the Cherry mine is to be reopened at a later date.

I.H. Smith, general superintendent of the Spring Valley Coal company, ahs been in Terre Haute negotiating with an Indian firm of the sale of Mine No. 3 at Spring Valley. The Cherry and Spring Valley mines closed April 30, 1927, when the general strike occurred, and were the last of a dozen great mines operating in Bureau County.

The Cherry mine, sold at little more than junk price, Cox paying $25,000 for the property, the Bureau county board of review agreeing to the valuation with the hope of having the mine rehabilitated and operated again.

Previous to the sales it was rumored that the St. Paul Company had entered into negotiations with Harry Ward, state's attorney for Putnam county, and owner of the Standard mine, for the sale of the Cherry mine to Ward and other interested parties.

Both of these mines are regarded as two of the largest in the northern Illinois coal fields and a resumption of operations at these mines, which have been idle for over a year, will afford employment to hundreds of unemployed miners in the district.

The Rutland & Toluca railroad passes near the mark mine and offers ideal shipping facilities for coal removed from that colliery, while at Cherry similar ideal transportation means are afforded by a spur of the St. Paul railway.

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