3127. American Savings Bank (Muscatine, IA)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
savings bank
Start Date
July 7, 1931
Location
Muscatine, Iowa (41.424, -91.043)

Metadata

Model
gpt-5-mini
Short Digest
4b6f6d78e6262666

Response Measures

None

Description

Newspaper items describe depositors withdrawing funds in July 1931 (Article 1) amid stories the bank would be closed, and the state superintendent was appointed receiver on 1931-09-23. Subsequent articles document receivership actions and asset dispositions through 1934. Sequence indicates a run preceded suspension and permanent closure/receivership.

Events (12)

1. July 7, 1931 Run
Cause
Rumor Or Misinformation
Cause Details
Local stories/efforts to discredit the bank (“AVE. BOSSES started stories to close it”) prompted depositors to withdraw funds.
Newspaper Excerpt
to be among the first ones to PULL THEIR money out of the American Savings Bank, when the AVE. BOSSES started stories to close it.
Source
newspapers
2. September 23, 1931 Receivership
Newspaper Excerpt
L. A. Andrew ... was appointed receiver for the Savings bank ... The bank and directors, through H. Glessler, president, and J. W. Hahn, cashier, entered their in writing and waived the customary time and notice ... John Fletcher appeared as counsel for the state bank superintendent.
Source
newspapers
3. September 23, 1931 Suspension
Cause
Government Action
Cause Details
State superintendent of banking was appointed receiver for the bank (court order), indicating official suspension/closure and receivership.
Newspaper Excerpt
State Superintendent Appointed to Handle Affairs of American Bank. L. A. Andrew ... was appointed receiver for the Savings bank
Source
newspapers
4. November 24, 1931 Other
Newspaper Excerpt
An order signed by Judge Scott directed Andrew receiver for the American Savings bank, assign Jackson, trustee, five mortgage notes ... The court authorized the receiver ... pay interest on prior liens ... keep the properties insured, make such repairs as may preserve properties for the benefit of the depositors.
Source
newspapers
5. May 18, 1932 Other
Newspaper Excerpt
Several orders were signed in the receivership of the American Savings bank. One authorized the to deliver to the Muscatine State bank trustee and successor of the American Savings bank ... The receiver was also authorized make the proper assignment of mortgage ... A foreclosure decree was also entered the American bank receivership ... Clarke was receiver for the property ...
Source
newspapers
6. July 14, 1932 Other
Newspaper Excerpt
Counsel for the Grand lodge ... filed an application ... they ask the funds on deposit in the American bank when the bank closed, be classified as deposit claim rather than as pending ... lodge funds were deposited in the name of ... when the bank closed.
Source
newspapers
7. September 28, 1932 Other
Newspaper Excerpt
Two orders fixing the time for hearings and another approving settlement proposed were signed by Judge C. L. Ely Tuesday in the receivership of the American Savings bank. ... hearings set and authorizations to sell notes in cancellation of deposit claims.
Source
newspapers
8. March 1, 1933 Other
Newspaper Excerpt
American Savings bank, by receiver, to Joe Miller, quitclaim deed ... Albert DeCamp to L. A. Andrew, receiver of American Savings bank, lot 3, block 41, Muscatine.
Source
newspapers
9. April 25, 1933 Other
Newspaper Excerpt
American Savings bank receiver, to Conrad Kothe, part Lucas street addition, Muscatine.
Source
newspapers
10. December 6, 1933 Other
Newspaper Excerpt
D. W. Bates, Receiver of the American Savings bank filed three actions ... suit for $1,817.50 was filed D. W. receiver of the American Savings bank against ...
Source
newspapers
11. July 19, 1934 Other
Newspaper Excerpt
American Savings bank, by receiver to S. J. Lewin, west 28 feet lot 10, block 13 city of Muscatine, $19,000.
Source
newspapers
12. December 11, 1934 Other
Newspaper Excerpt
Notice of hearing of application ... D. W. Bates, Superintendent of Banking of the State of Iowa, and Receiver of the American Savings Bank of Muscatine, Iowa ... application asking for authority to effect sale/loan in satisfaction of claims; receiver is owner of specified property.
Source
newspapers

Newspaper Articles (13)

Article from Mid-West Progressive, July 7, 1931

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Article Text

An Honest Dozen It is to the credit of the hundreds in Muscatine and vicinity, who showed their confidence in our local bank which Iowa Ave. Bosses wished to see closed. It did not close, much to the dissatisfaction of those instrumental in trying to close it. Some it holds the best line of bonds and securities of say any bank in these recent statement is goodshows them sound. wonder what the Muscatine Journal thinks now. They were one of the first to run to the bank and withdraw their account. That shows the interest a company has in local enterprises when it comes to crisis. Their money first, is the rule of the usual outside financiers. The Journal. of course, is controlled and owned in majority by Adler and his crowd in the Lee Syndicate. In Davenport, the citizens have not succeeded in getting Adler to make fight for the people for lower light rates, gas rates and other public utility rates— NO ONE EVER WILL, if their money floats in the water with public utility companies. To build up a community, we must have local men, local enterprises to control the voice of the community NOT OUTSIDERS who do not care a tinkers darn for your welfare. Mysteries may come and mysteries may go, but that there are still people in Muscatine, whose business has been hurt and whose property is scheduled for a fall and who yet continue to patronize those at fault, can only be attributed to outside influences. Can your Journal deny their part in it? They worked to discredit many things in Muscatine, and here are few for you to think over. 1-Worked against the municipal water works when people fought for pure water to preserve their health. Worked against cheaper electricity for our people. Fought to have all of us pay upwards to cents when NOW we get it for 1-2 cents. 3-Fought with the railroads to secure our river front property for side tracks, where now appears a beautiful park that thousands have taken advantage of. against lowering rates of gas to the contract price. 5-Fought with the public utilities for higher car 6-Refused to give co-operation to the War Veterans when have their speakers here. printed stories of men and women connect with belittle their bare a woman's reputation from out near West Liberty, Conesville and Nichols. behind a corpse to attack the Baker Hospital, printing a story and later RETRACTING IT. to discredit the Baker Hospital, causing loss of thousands of dollars to Muscatine people. especially merchants who sold to the patients, their friends and relatives. co-operation to the them. for the closing of K-TNT, depriving Muscatine of a station such as no other city in the world possesses, and none more popular. to be among the first ones to PULL THEIR money out of the American Savings Bank, when the AVE. BOSSES started stories to close it. dozen things they have done. and some of the people still stand for it. We wonder why the public never gets equality in governmental stepped and trampled no can step on some of them as long as HYPOCRISY EXISTS. NORMAN BAKER


Article from The Muscatine Journal, September 23, 1931

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Article Text

Andrew Named Bank Receiver State Superintendent Appointed to Handle Affairs of American Bank. L. A. Andrew, state superintendent of was appointed receiver for the Savings bank and his bond and that of the were fixed at $75,000 in an order signed by Judge C. L. Ely this afternoon. The that should Andrew's term of office expire before the is closed, his will be appointed to complete the work. The was authorized to incur all necessary expenses, to employ and to suits to collect the bank's funds. The also provides for the deposit of the receivership funds in any state or national bank in The bank and directors, through H. Glessler, president, and J. W. Hahn, cashier, entered their in writing and waived the customary time and notice of the Attorney General John Fletcher appeared as counsel for the state bank superintendent.


Article from Mid-West Progressive, November 24, 1931

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DISTRICT COURT Ball bonds furnished by William Blessing in the criminal actions against Warner Foster, George Foster and Ella Green, who have been fined in district court, were exonerated today by Judge W. Scott. An order signed by Judge Scott directed Andrew ceiver for the American Savings bank, assign Jackson, trustee, five mortgage notes given Edward McMahon. One for $2,000, for three $500. The notes are secured acres of land section In another order, the court rected the receiver convey the interest of the American Savings real estate quit claim deed on payment $350 the receiver. The land involved subject to first mortgage of $5,117. The court authorized the receiver for the American Savings bank pay interest on prior liens against properties held by the receivership. keep the properties insured, make such repairs as may preserve properties for the benthe depositors. Another order was secured by the American bank authorizing him credit real estate notes and charge the amount the account of estate. The application stated that bank of $37,825 for signed by Blanchard, which were secured by real estate. The title to the upon which the notes based. were later secured by the bank. An order signed by Judge Jackson, Earl De Camp executor of the estate Joseph Lindley, make partial distribution of the funds hand. The apportionment included $200 each. Henry Lindley, Clarence Lindley, Marie Borgstadt, Addie Camp. Fishburn and Fishburn are attorneys for the estate.


Article from The Muscatine Journal, May 18, 1932

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Article Text

District Court The court approved the second report by receiver of the Nichols Savings bank. Several orders were signed in the receivership of the American Savings bank. One authorized the to deliver to the Muscatine State bank trustee and successor of the American Savings bank, indenture of mortdeed trust executed gage Richards. Another order authorized the release part of the real estate held by the bank receiver under mortgage executed by John Dermedy, Mary Dermedy and Carrie Dermedy to Harry and Katie Brown, for consideration $1,200. The receiver was also authorized make the proper assignment of mortgage made by W. Carver and others, covering lots 11 and 12 in block one Sawyer's addition to Muscatine, to Noble, trustee for Mary Baird. The notes and mortgage W. Carver were given by wife to the American bank and of the made Noble properly acknowledged Noble at the time. Another order authorized the receiver endorse to Goetzman, without recourse, $600 in accordance with check for stipulation entered into and the Weber and Sons Button company. A. foreclosure decree was also entered the American bank rein Henry and ceivership against Catherine Wittman the amount of $7,000. Clarke was receiver for the property pointed lots and block of the city. of Albert Baird, In the estate Noble, executor, was author$500 in settlement ized to accept for landlord's attachment sult for $965 against Chris Josephine Angerer. indicated his object statement the was the acquisition the sale of his story to money by news reel comnewspapers He said he had received offers from each. His large defeated by the insistpose was once of those offering to buy his story that the child be produced and the "negotiations" completed. This impossible, for there no negotiations save Curtis' head and the baby murdered. There were other developments night that marked one of the most hectic. wierd and almost unblievable chapters the entire history the Jury Continues Probe. The Bronx jury inquiry into the payment $50,000 ransom money by another inJohn Condon who represented himself as acting for the kidnapers. Condon himself was not called before the jury. He is to tell his story Condon, whose negotiations for the return of the baby led him despite his 72 years into adventures strange silent Bronx cemetery where he paid over the ransom money. the bay where he took ducking in the cold water while to renew his contact and to journeys in the dead of night, the lure of messages given him by Curtis boax had been disastrous his own efforts. He said that publication of statement attributed to Curtis that Colonel Lindbergh was willing to through him. ransom, had caused the kidnapers to drop their Bronx negotiations and seek greater gold through the story hasn't been told said the retired school masHe indicated that he still hopeful of leading the the that got the $50,000 Incomplete, Claim. Norfolk Chief of Police Ironmonger stid tobe did not believe that John Hughes Curtis had plate confession fake negotiations bergh case and that he held "something important Chief Ironmonger would not any indication of the the information he said he lieved Curtis has withheld. The police official refused to say had learned that Curhad working him fake the negotiations No new be said, had been obtained here by folk who have suspended their work until furthdevelopments or requests from New Jersey (AP) spector Harold King Nassau county police said today that one hour before John Hughes Curtis confessed his whole story about the Lindbergh hoax he confronted Hopewell Island who charged him with having him deal volving substantial sum money. King said the bootlegger was found John Fogarty, private detective employed from the start Col. Henry Breckinridge, Colone! Lindbergh's friend and attorney He withheld the name of the who, he lived Rockville Center, Long Island. The man's story. according King, was that last December paid Curtis substantial money the that Curtis was to it use to purchase influence for him authorities at Norfolk. This, be said, Curtis failed to After Curtis ratered the search the Lindbergh baby, King said. the bootlegger started associates the vicinity Curtis.


Article from Quad-City Times, July 14, 1932

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Article Text

UNITED WORKMEN WOULD TERM FUND A DEPOSIT CLAIM Muscatine. Ia., July 14-Counsel for the Grand lodge, Ancient Order United Workmen filed an application district court in which they ask the funds on deposit in the American bank when the bank closed, be classified as deposit claim rather than as pending The lodge funds of were deposited in th name of count. The application sets forth that the 25 bonds, of value of each. of Association Gas and Electric company, due in 1949, given to the lodge by the bank to insure it against loss, are worth less than their face value


Article from The Muscatine Journal, September 28, 1932

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Two orders fixing the time for hearings and another approving settlement proposed were signed by Judge C. L. Ely Tuesday in the receivership of the American Savings bank. On notes signed by L. C. Barry in favor of the American Savings bank, which totaled $4,649.05, compromise settlement was of fered providing for cancelling the Barry-Althaus company deposit claim of $1,050. and payment of $2,000 in addition. This hearing is set for 10 a. m. on Oct. 8. Another application asks authority of L. Madden as guardian of the property of Johanna E. Rensink, minor, to accept note and mortgage signed by Thomas F. and Margaret B. Maher for $1,000 in exchange for deposit claim of $3,691.54. The note is secured by mortgage against lot 7 in the Bilkey addition to the city of Muscatine, with the exception of the west 60 feet of that lot. This application is also set for hearing on Oct. 8. An order authorizes the bank receivership to sell notes secured by a chattel mortgage and signed by James and Catherine McNall for $1,499.61 in cancellation of the deposit claims of A. P. and Ann Roberts for $3,875.01. The property given as security for the mortgage was valued of $889 by appraisers.


Article from The Muscatine Journal, December 7, 1932

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Deeds Recorded American Savings bank, by receiver. to B. Gingery, congressional lot section 19; and tracts in sec. 30-77-3W. Albert Meisinger to William and Ruby S. Plett, tracts in sec. George H. Hagermann to Hagermann, part of lot 10, block City of Muscatine to C. Haquitclaim deed that part easterly 10 feet across outlot subdivision of SW 1-4 sec. 262W. westerly line being feet easterly from easterly line of sidewalk. George F. Cook to C. Hagermann, lot and part of lot block 104, Muscatine. Roy Miller to C. Hagermann, lot W. H. Hoopes addition to South Muscatine. George Brown to Roy Miller, lot W. Hoopes addition to South Muscatine. The number of gypsies Great Britain is estimated to be more than 100,000.


Article from The Muscatine Journal, March 1, 1933

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Deeds Recorded American Savings bank, by receiver, to Joe Miller, quitclaim deed, part of lot 18, Avenue addition, Muscatine. William West to Ethel Heuer, part of lot 10, block 96, Musca tine Albert DeCamp to L. A. Andrew, receiver of American Savings bank, lot 3, block 41, Muscatine.


Article from The Muscatine Journal, April 25, 1933

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Deeds Recorded Katie Chayka to state of acres land section road purposes. Charity Lewis to James and Ella Howard, part of lot block Smalley's addition South Muscatine American Savings bank ceiver, to Conrad Kothe, part Lucas street addition, Muscatine.


Article from Mid-West Progressive, July 13, 1933

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NORMAN BAKER EXPOSES RADIO MONOPOLY FIGHT AGAINST KTNT (Continued from page eight) Now read the first paragraph in the Iowa State Medical Society letter shown on page seven. Notice those words "IN OUR JOINT EFFORT." Doesn't that show a joint effort to revoke the license of KTNT. Doesn't that constitute conspiracy. I am suing them for $100,000 conspiracy charge. Now if you want to laugh read page 13 remembering my hospital opened in December 1929 and this statement was given to the press September 8, 1932 by the state health commissioner of Iowa, Dr. Steel-, smith, who said the Iowa, cancer death rate was on the decrease. That made Iowa the only state in the union with a decrease in cancer deaths but please read in the third column as to what he says caused the decrease and when the fact is the decrease was caused by the many many cured cases of cancer was produced from December 1929 up to 1932. How foolish it is when he says in the second paragraph, third column, page 13, "It is hoped that this decrease is a result of the information issued by health authorities." Did you ever know of a cancer decrease by information? All they have yelled for years is "If you have a lump or bump see your doctor first," but what have they to offer for a satisfactory treatment of cancer if you do see your doctor? The September, 1930 hearing at the recommendation of Examiner Yost was decidedly against us-that station KTNT must be closed. He carried the case to the Supreme Court of the District of Columbia. They decided that we should go back to the Court of Appeals as set out by the law and we could appeal to them from the Court of Appeals which was good law as the law says just that. I then appealed to the Court of Appeals the decision. The attorneys for the Federal Radio Commission put through the records of the case before the Court of Appeals this entire stack eight inches high of typewritten copy including two purported copies of speeches I had made over radio, in which both reports stated they were not absolutely correct copy. More Expense The Court of Appeals then sent me a bill for I believe $5,400, cost of printing the record. I believe the case was set for November, 1930. I wrote them that the American Savings Bank at Muscatine had closed and tied up my funds and that the American Commercial and Savings Bank at Davenport had closed and tied up the balance of my funds, that I did not have $5,400 to pay for the printing of the records and asked them for an extension of time on the hearing until the banks opened and I could afford to go ahead with the case. The Clerk of the Court of Appeals advised me that it was perfectly satisfactory to him providing the Federal Radio Commission attorneys and my attorneys would agree to the extension of time. They positively did not agree on the second extension of time but I believe I received the first extension while we were still dealing with the commission's attorneys about the amount of data they were putting into the record. A review of that case will show that they charged me with using the word "Testicle" as obscene language over the radio and out of one stack of typewritting covering one of my speeches of one hours length meaning hundreds of typewritten in pages they introduced in the record before the radio commission on one or two paragraphs only about me using the word testicle but they never introduced a page or two before that paragraph or a page or two after the paragraph to show what the talk was really about which in substance was this. I was talking at the microphone-the A.M.A. was fighting me, the newspapers were carrying stories practically every day. Harry Hoxsey came up to the microphone and said, "Look, Mr. Baker they have yours and my pictures in the paper on the front page and they even have your spectacles." There was our pictures on the front page and I wore glasses and the reporter who took down the copy said he said testicles instead of spectacles and the Federal Radio Commision believed it. Not being able to raise $5,400 I was forced to drop my case before the Court of Appeals which deprived me of justice in the U. S. Courts and on June 12, 1931 I received a telegram about noon from Washington advising me to close my station immediately, which I did. I then flew to Mexico City, secured a permit for a station three times larger than anything the United States and we are now ready to go on the air in late July. Now let me prove the handwriting on the wall. A few months ago while here in Mexico I received a letter from Mr. Francis St. Austell on Mission Hotel stationery at Norfolk, Virginia, which letter I now have in my files. His first letter said this: "You will no doubt recall me as one man that you fought over radio more than any other and it is needless to say I would not write you this letter excepting I am broke." He goes on to say he is announcing for a small radio station in Norfolk part time, with his wife and children and merely getting by and that he has much information that I could use to good advantage and he wanted a job with me at this station XENT at Mexico. To Fight Baker He said that he accepted the position as President of the Iowa Radio Listeners League believing it was organized for the purpose publicly stated-to fight stations that were exercising direct advertising but that after he became president and was in the association a short while he learned that the Iowa Radio Listeners League was not organized to fight direct selling radio stations but to fight Norman Baker and close station KTNT at Muscatine. That the association was organized by the Iowa State Public Utilities Association and his paymaster was the manager of the light and power company at Moline, IIIInois and that after they fought me for a few years through the league that when I started the cancer work and brought upon my shoulders the vicious enemythe A.M.A.-that they painted the picture against me handed it over to the Iowa State Medical Society to complete and they slid out underground while the A.M.A. finished the fight and closed my station with assistance of the republican press with Adler, manager of the Lee Syndicate of newspapers and Gardner Cowles of the Des Moines Register, and who Hoover placed on the Reconstruction Finance Corporation Board as you will know and who later resigned. Then they said Iowa was over-quoted and they refused me authority to sell my station to anyone that it could not be relicensed in Iowa because Iowa was overquoted. Now get this-WOC and WHOin which Adler of the Lee Syndicate holds stock in WOC and WHO which is owned by the Bankers Life Insurance Company applied to the Federal Radio Commission for 50,000 watt station in Iowa. The Commission granted them a 50,000 watt station and they now have it in operation, all of which was done in face of their order that Iowa was over-quoted and that when KTNT went off the air with its 5,000 watts it left Iowa still over-quoted and no more power could be given to stations. The result America's most beautiful radio station KTNT-America's most popular radio station proven by the crowds attracted is closed-a dead loss to memy merchandising business-my magazine and all of my enterprises-many are closed, others about to be closed and I suffered a $750,000 loss. For instance I had to sell out a storehouse full of merchandise because my mouthpiece was taken from me which stood as a monument to the radio industry of America and the only erful station XENT you may rest assured 100 per cent voice the farmer and laborer of my full cooperation. of the midwest ever had or has had to this Read this booklet carefully and if you day. are interested in more details just request Now Mr. Elizey you have my story. them. What can be done to secure justice? What can be done to restore the license of KTNT? If nothing else can be done read this letter or parts of it into the congressional record, it will at least help some. Any assistance I can give you in public matters worthy of public attention from this pow-


Article from The Muscatine Journal, December 6, 1933

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CITY NEWS The Rev. Georgia Walraven, evangelist of the Church of the Nazarene, will give her life story at meeting at the church tonight. Mrs. Walraven was bustneas woman prior to her conversion and call to the ministry. A review of the book, "Dr. Luke of Labrador. was given by Mrs. Frank Drake when the Mary's class of the First Methodist Episcopal church met Tuesday afternoon at the home of Mrs. Omer Jones. 1202 Park drive. members attended. 31rs. Harry Reeves, and not Mrs. Ernest Reeves, was named tady of ceremonies at the annual election officers held by the Women's Benefit association Monday night. Mr. and Mrs. Lawrence J. Bos. hart. announce the birth of son at Hershey hospital this morning. Mrs. Boshart way Miss Wilina Baker before her marriage. The child has been named, Rob. Roy. Arthur J. Nicholson, county treasurer has received check for for motor carrier tax. The Muscatine Welfare association has been allotted $3,200 in R. funds for its expenses during the month of December. Mrs. M. Opal Fore. announced today. The figure for December is the same received for November The influx of new cases last month, however. made it. necessary for relief officials to apply for additional funds. Just what procedure will be followed this month was not known today. A total of 278 automobile licenses and issued at the office of Arthur Nicholson, counLV treasurer. for the new year. Francis Holliday. who gave his address as Clinton. Ja., was sentenced 10 davs in the county jail by Police Judge C. Coster this morning when he appeared charge of intoxication. Holliday was arrested Tuesday afternoon in the 100 block on Sycamore street. Approximately 43 members of school boy patrols under the (lirection Charles Kern. schools attendance officer will be guests the basketball game between Muscatine junior college and Roosevelt Military academy of Friday night. Reports of work done by the Muscatine Welfare association during the last month were presented to board members Tuesday night. Mrs. M. Opal Fore, social worker. reported that 89 new fam. lies had asked the association for help during the 30 day period that 72 transients had been given meals and service and that 573 Muscatine families had received relief or service. The condition of Mrs. Gus Halherg. GOG Cedar street, who undervent an operation at Mercy hospital, Iowa City, Tuesday was improved today. according to word received here. Allen Butts and Carl Kolmerer. delegates to the recent lows Older Boys' conference at Cedar Rapide, gave reports on the conference at the Hi-Y luncheon Lo. Officers will be elected for the new year at the annual meeting or the Muscation Power Boat club tonight. Robert Breedlove, 710 Enst Eighth street. reported to police Tuesday afternoon that his bicycle was wrecked by car owned by Jesse Stephens while it was parked at 422 Mulberry avenue A check for $763.86 has been mailed to the state treasurer by Arthur Nicholson. county treasurer. for interest on the state sinking fund. meeting of the Muscatine city school board has been scheduled Monday night at the city hall. it announced. The Monday meeting will take the place of the Friday which was postponed. A meeting of the Island Cemetery association has been called for o'clock Saturday morning at the cometery, E. P. Corwin, secretary of the association. announced today. Mr. Corwin asked that all those Interested in the cemetery attend the meeting. The breaknge of show case window at the Zoller jewelry store. 110 East Second street continued under the eye of police today. although no new developments were reported. Police at m. today said no arrests had been made. D. W. Bates. Feceiver, filed three actions in which W. Norton was major defendant and in which notes involved distriet court. Judgment for $3,562 asked against Norton Ruby Norton and Maude Norton: for $446.55 against W. and Ruby Norton and $182.10 against Norton alone. Varied county business came before the board of supervisors when the meetings which opened Mondav continued through today. The final report of Charles Kleindoinh temporary guardian in the suit of Harriet Smeenk against Annette showing $1,000 paid to Miss Gir senhaus. and other claims paid. Dec. set for hearing at 10 m. on 9. suit for $1,817.50 was filed D. W. receiver of the American Savings bank against


Article from The Muscatine Journal, July 19, 1934

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Deeds Recorded Charles W. and Effie Gipple to E. E. Bloom, SE 1-4 section 3376-4W. American Savings bank, by receiver to S. J. Lewin, west 28 feet lot 10, block 13 city of Muscatine, $19,000.


Article from The Muscatine Journal, December 11, 1934

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NOTICE OF HEARING OF APPLICATION. In the District Court of Iowa, in and for Muscatine County. D. W. Bates, Superintendent of Banking of the State of Iowa, and Rethe American Savings Bank of Iowa, Plaintiff, American Savings Bank of Muscatine, Iowa, Defendant. To the Credit Depositors and to interested in ership of the American Savings Bank Iowa and Each You Are Hereby Notified there now on file in the office the the District Court of Muscatine State of Iowa, an Application of W Bates, of the State Iowa, and the American Savings catine, Iowa, asking for authority to effect the following described Receiver is the owner of First due the two and 33-100 dollars ($2,498.33) and ering lot seven (7). block two (2) Wintermute's Addition to City Muscatine, in the County of Muscatine, State of Iowa, and executed by Anna Hank Edward Hank upon which been instituted in Dis. of Muscatine County, Iowa, to that this Receiver been offered two thousand hundred ($2,534.00) par Home Owners' Loan Cor. poration less the preparing the the 1933 taxes which are due in 1934. and the Incidental of loan in satisfaction aforesaid First That this Receiver in addition the above First is the Four Thousand ($4,000.00) on which Nine Hundred Twenty Dollars ($920.00) interest accrued which was incurred Anna Hank Hank and First Morton an undivided two-thirds in to the lowing described Estate in the County of Muscatine, State of The east half (E%) of the north-