Outlook State Bank - Outlook, WA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 25, 1932
Location: Outlook, Washington (46.331, -120.091)

Metadata

Model: gpt-5-mini
Short Digest: 876d6a376503150f

Response Measures

None

Description

Article (Spokesman-Review, Apr 26 1932) reports a petition asking that H. E. Schroeder, president of Outlook State Bank, be appointed as receiver to liquidate the bank's affairs. No run or temporary suspension is mentioned; the article indicates liquidation/receivership is being requested, so classify as suspension leading to closure/receivership.

Events (1)

1. April 25, 1932 Receivership

Newspaper Excerpt: Appointment of H. E. Schroeder president of the Outlook State bank, as receiver to liquidate its affairs, instead of state bank examiner, has been asked ... (Spokesman-Review, Apr. 26, 1932; dateline Yakima, April 25).
Source: newspapers

Newspaper Articles (1)

1. April 26, 1932 The Spokesman-Review Spokane, WA

Article from The Spokesman-Review, April 26, 1932

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Article Text

IRRIGATION REGION MINISTERS ASK FOR GRAND JURY No Objection if Facts Warrant, but Rumors Insufficient, Comments Judge. MERGE TWO BUREAUS Deputy Sheriff to Handle City's Identification Work-Want Bank Head for Liquidator. YAKIMA. April 25. (P)-Members of the Yakima Ministerial association, at well-attended session this forenoon, voted unanimously to ask for a grand jury investigation of Yakima conditions, following the of recall proceedings against the mayor and recent federal raid. The ministers did not pass resolutions either for or against the proposed recall, although the Rev. Edwin Simpson, the association, has been one of the prime movers in the recall effort. still pending. Rumors Not Sufficient Grounds, YAKIMA. April 25 -Commenting on the petition the Yakima Ministerial association for grand jury turn light on the situation, Judge W. Hawkins said the superior court judges would have no objection to calling a grand jury if cause were shown. "But we would not be justified in acting on mere rumors,' he added. Merge Identification Work. Identification files of the sheriff's office and Deputy Sheriff Walter Purdin, in charge, will be moved to city police headquarters. Purdin will remain deputy and make duplicate fingerprint for both city and county. The city will pay for the service. Bandit Robs Oil Man. A youthful bandit. wearing a gray sweater and armed with revolver, held up John McFall, manager of the True's Oil company's office on South Third street, as the latter unlocked the door early today. The robber took $25 cash from McFall's pockets, the oil man with rope and escaped. Petition for Liquidation. Appointment of H. E. Schroeder president of the Outlook State bank, as receiver to liquidate its affairs, instead of state bank examiner. has been asked by who say that Schroeder can do the work more cheaply. Deputy's Wife Dies. Mrs. Kate Belle Potts. 56, wife of Deputy Sheriff John Potts, died of cancer today. She came to Washington 34 years ago and lived here 25 years. Besides her widower, a son and two brothers survive her.