2915. Farmers State Bank (Dyersville, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 11, 1928
Location
Dyersville, Iowa (42.484, -91.123)

Metadata

Model
gpt-5-mini
Short Digest
2294d5c6373e38e6

Response Measures

None

Description

The articles (Jan 1928) discuss the Farmers State Bank of Dyersville being in receivership and related controversy over transfers of securities and accusations that receivers 'confiscated' securities. There is no mention of a depositor run; the bank is in receivership (closed) and a contempt case arose from criticism of the receivers. Date of the reported Tribune story is Jan. 11, 1928, so the suspension/receivership is placed in January 1928.

Events (2)
1. January 11, 1928 Receivership
Newspaper Excerpt
receivership the Farmers State bank Dyersville ... charged receivers 'confiscated' certain securities.
Source
newspapers
2. January 11, 1928 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank placed in receivership; disputes over alleged confiscation and transfer of securities belonging to a depositor/stockholder (Goetzinger interests) and sale of securities by receiver; controversy over administration of the receivership led to contempt citations.
Newspaper Excerpt
the Tribune relative the receivership the Farmers State bank Dyersville
Source
newspapers

Newspaper Articles (3)
1. January 22, 1928 The Des Moines Register Des Moines, IA
Article from The Des Moines Register, January 22, 1928

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Article Text

CITES PASTOR AND PUBLISHER FOR CONTEMPT Dubuque Court Names the Rev. Goetzinger and Feuling. The Dubuque county district court will be called upon tomorrow to decide whether an article recently published in the New Hampton Tribune constitutes contempt court. E. Feuling. former chairman of the democratic central committee and publisher of the Tribune, and the Rev. B. Goetzinger Ionia were cited yesterday to appear in court face charges of for statement appearing in the newspaper, Jan. 11, criticising the court. Follows Bank Case. The New Hampton case- is an story apthe Tribune relative the receivership the Farmers State bank Dyersville, and was called to the attention Judge Nelson Dubuque by R. Boyer, state Criticism the bank receivers is supposed to hinge on remarks credited to the Mr. Goetzinger news story in The Tribune, in which Goetzinger charged that the receivership the bank the bank certificates Nick Goetzinger Sons company. and sold them the Dyersville Commercial club. Criticized Court? The Dyersville Commercial club sold the securities the Yavapal company, Dyersville concern which manufactures artificial onyx. recording the Rev. Mr. regarding bank the New Hampton Tribune, in the same story, carried some comment on the activity of the courts. The carried the line "that judicial from trial for long time,' which lisher Feuling said last night, may be the reason for the bank receivership's exceptions to the story and the citing of the publisher and the minister for contempt of court.

2. January 23, 1928 York News-Times York, NE
Article from York News-Times, January 23, 1928

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Article Text

CHARGED WITH CONTEMPT Charged with contempt of court through publication of statements regarding the receivership of the Farmers State Bank of Dyersville, E. Feuling. publisher of the New Hampton Tribune and former chairman of the democratic state central committee. and the Rev. C. B. Goetzinger, Iowa. were scheduled to appear in district court here today The Tribune is alleged to have printed statements of the Reverend Goetzinger which charged receivers for the institution 'confiscated' certain securities.

3. January 24, 1928 Des Moines Tribune Des Moines, IA
Article from Des Moines Tribune, January 24, 1928

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Article Text

CONTEMPT CASE BRINGS OUT THREAT CHARGES Witness Testifies to Attack Planned Against Boyer. Dubuque, Ia., Jan. 24 Further testimony in support of the charge that J. Feuling. New Hampton publisher. and former chairman of the democratic state central committee, and the Rev. Goetzinger, Catholic pastor of Ionia, were in contempt of court in criticizing the receivership the Farmers State bank Dyersville, was to be brought out Testifying in the contempt in Judge Nelson' court. M. Boyer, state bank examiner, and for the bank, declared the defendants in contempt of the court and its agents in an article published in Feuling's paper, the Hampton Tribune, calling into question administration of the bank in receivership. George Ham, secretary treasurer of the Nic Goetzinger company of Dyersville, part whose stock, owned by the Rev Mr. was security for of the bank stock held priest and his brothers, testifled the pastor had threatened to "get" Boyer. At another time, Ham said, the Rev Mr. had transfer by the receiver. by which the Goetzinger company was transferred to the Dyersville commercial club and the latter the Yavapai Onyx company as illegal.