Article (Des Moines Register, 1933-12-20) reports that the receiver of the Coggon State Bank was authorized to make a 10% payment to depositors, indicating the bank was in receivership (closed) and making a partial distribution. No run or reopening is mentioned in the provided text.
Events (1)
1.December 20, 1933Receivership
Newspaper Excerpt
receiver of the Coggon State bank has been authorized to make a 10 per cent payment to depositors. It will be the bank's first payment.
Source
newspapers
Newspaper Articles (1)
1.December 20, 1933The Des Moines RegisterDes Moines, IA
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Article Text
receiver of the Coggon State bank has been authorized to make a 10 per cent payment to depositors. It will be the bank's first payment.