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Indiana's free banks were note-issuing houses organised by the hundred under the 1852 act — and not one of them was seated here. The system the row tests is definite: under the Free Banking Act (in effect 1 July 1852), any organiser could deposit bonds with the Auditor of State and issue secured notes; the Panic of 1854 broke many of them, and the survivors wound up through the early 1860s. The named houses the record celebrates are county-seat houses — Fort Wayne's, Kokomo's Indian Reserve Bank (1854), Columbus's Kentucky Stock Bank (1854) — each tied to a town with capital and a courthouse. Tested against this ground: no free bank at Lakeville appears in any carrier reached; no Lakeville note, note-issuer, or private-banker house of 1852–65 is named in the bank-note literature surfaced; and the township's banked nineteenth-century record (Chapman 1880; Howard 1907; the directories) knows no banker before the 1916–17 Polk form. The finding prints as a reached negative, honestly bounded: the Auditor of State's free-bank lists of 1852–65, read entire, are the row's settler and were not read entire — a house that filed and failed within a single year could stand only in those lists, and the article does not claim to have closed them. What is closed is the named record: no free-bank or private-banker house for this ground exists in any source.