Burt National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5703
Charter Number: 5703
Start Date: July 16, 1931
Location: Burt, Iowa (43.197, -94.220)

Metadata

Model: gpt-5-mini
Short Digest: fd3e5367

Response Measures

None

Description

Article (Globe-Gazette, 1931-07-16) reports that Lloyd Elston, former cashier of the Burt National Bank, accepted a position as assistant to W. C. Pyle, bank receiver. This indicates the bank was in receivership (i.e., suspended/closed and being wound up). The article does not describe a run prior to suspension nor any reopening. Date taken from the newspaper publication (1931-07-16).

Events (3)

1. February 6, 1901 Chartered

Source: historical_nic

2. September 5, 1927 Voluntary Liquidation

Source: historical_nic

3. July 16, 1931 Receivership

Newspaper Excerpt: Assistant to Receiver. BURT Lloyd Elston, former cashier of the Burt National bank here, accepted a position as assistant to W. C. Pyle, bank receiver.
Source: newspapers

Newspaper Articles (1)

1. July 16, 1931 Globe-Gazette Mason City, IA

Article from Globe-Gazette, July 16, 1931

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Article Text

Land and buildings on Iowa farms in 1930 were valued at $4,224,506.083. Of this amount the value of land was $3,186,979,845 and buildings Implements and machinery were valued at $270,516,267. Born at Osage. WOODWARD Mr. and Mrs. George Fuller have a daughter born Tuesday at Nissen hospital. 80 at W. C. Γ. U. AREDALE-The W. C. T. U. annual guest day was held at the home of Mrs. O. H. Bochmann. About 80 were present. Are Parents of Son. FLOYD- and Mrs. Austin Scott are parents of an 8 pound son born Wednesday Sells Out Station. Fisher, who operated the Standard Oil company filling station on Main street, has sold out to Warren Stickel, who took immediate possession. From Los Angeles. GENEVA- Angelo Smith is enjoying a visit from a brother from Los Angeles. Small Girl Is Burled. SCARVILLE private funeral was held yesterday for Gladys, 5, daughter of Mr. and Mrs. Tom Langfald, who died Tuesday from Assistant to Receiver. BURT Lloyd Elston, former cashier of the Burt National bank here, accepted a position as assistant to W. C. Pyle, bank receiver. From South Dakota. MILLER Mrs. J. Scanlan of Bradley, S. Dak., is spending a few days at the A. L. Miller home. Lodge Entertains Families. KENSETT- The members of the Royal Neighbors lodge entertained their families Tuesday evening at a picnic supper Return to Dakota. ORCHARD The Rev. and Mrs Rupp and baby son from Wauby S. Dak., visited the Rev. and Mrs Smith and family. They returned Tuesday Speaks at Dumont DUMONT Dr. E. I. Conner returned medical missionary from Africa of the United Brethern church. spoke at the union service He was appointed by the British government to oversee the building of 12 miles of road without any modern equipment. Are From Oregon. CLARKSVILLE Mrs. Richard Hansen and little daughter Mary Lou, Portland Ore. are visiting her parents, Mr. and Mrs. E. L. Reitz. Visit at Kensett KENSETT- Mr. and Mrs. Olaf Gyleck and son. Waldo of Elgin III. are visiting in the N. Gyleck home. Are From Pennsylvania. ORCHARD Mrs. M. Boone and three children from Waynesboro, Pa. visiting with their parents and grandparents, Mr. and Mrs. Jasper III at Allison ALLISON Mrs. John Dobner of Greene is critically III at the home of her parents. Mr. and Mrs. Louis Hummel of Allison. Visits With Sister BRISTOW Mrs. L. B. Norman who has been at Iowa City several weeks for treatment is visiting her sister. Mrs J. B. Hites. Mrs. S. Stoner and Mrs. Starr both of Iowa City, are also guests at the Hites home. On Camping Trip. KANAWHA- The Misses Eleanor Goodrich Theodore Knoll and Alice Mulhullond left Wednesday morning for a nine days camping trip at Camp Hantesa, near Boone Leaves for Waseca STILSON Mrs. Jena Terpsha left Thursday for Waseca Minn. to spend several weeks with a son and family.