3194. Randalia Savings Bank (Randalia, IA)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
savings bank
Start Date
September 14, 1933
Location
Randalia, Iowa (42.863, -91.886)

Metadata

Model
gpt-5-mini
Short Digest
a2850be67036480f

Response Measures

None

Description

Articles (Sept 14โ€“15, 1933) list Randalia Savings Bank among 'closed banks' in Fayette County and discuss receiverships and attorneys for closed banks. No mention of a run or temporary suspension/reopening; bank is in receivership (permanently closed). Date of closure not specified; receivership referenced in Sept 1933 articles.

Events (1)

1. September 14, 1933 Receivership
Newspaper Excerpt
Mildred F. Crawford. State Bank of West Union and Randalia Savings bank. ... attorneys for closed banks in Fayette county ... receiverships of closed banks in Fayette county
Source
newspapers

Newspaper Articles (2)

Article from The Oelwein Daily Register, September 14, 1933

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Article Text

COURT REFUSES E. R. O'BRIEN'S PETITION E. R. O'Brien. Oelwein attorney. presented yesterday to Judge Eichendors a petition signed by D. W. Rates, state superitendent of banking. requesting that the four lawyers now acting as attorneys for the receiverships of closed banks in Fayette county be removed from their places and that Mr. O'Brien be appointed in their stead to bandie all five banks. Judge Eichendorf refused to make the order. saying that all attorneys now in those posts are familiar with the conditions in their respective banks. and that all are handling their work satisfactorily, SO that to remove them on account of their polities would be to make a political football of the bank situation. Before coming 10 hold court here Judge Eichendorf refused to make a change in Clayton county, where he was asked to remove D. W. Meier of Monona as attorney for a bank at Garnavillo. It is understood that judge recently removed tour or five Independence attorneys and gave the bank receiver attorneyships held by all of them to R. O'Brien of Independence The attorneys and the banks they represent in Fayette county are as follows: E. B. Shaw. State of Bank of Oelwein: L. H. Sanford. Aetna State bank. Oelwein: M. M. Cooney, Wadena Savings bank and State Bank of West Union: Mildred F. Crawford. State Bank of West Union and Randalia Savings bank. Mr. O'Brien stated that in order to qualify to handle the business of all five receiverships he had withdrawn from all cases in which he was appearing as attorney against any or the closed banks. The four attorncys for closed banks in Fayette county are all Republicans, while Mr. O'Brien is Democrat A flurry was caused when after Mr. O'Brien had filed the petition with Clerk Edgar A. Trueger. had presented it to Judge Eichendorf and had been refused the action requested. The petition found not to be on file either with the court or with the clerk. It's return to the clerk's files was at once requested by Mr. Traeger.-Argo CARD OF THANKS We wish to thank the many Oelwein friends and acquaintances for the beautiful floral pieces and sympathy extended during the death of our mother and grandmother. Mrs. Samantha Pickering. who passed away Sept. Sth its her home in SaMo. O. W. Pickering and family. F. M. Pickering and family. Adv.


Article from The Courier, September 15, 1933

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Article Text

Fail to Replace Fayette County Bank Attorneys State Banking Superintendent Would Have O'Brien in Receivership Cases. West W. district court refused petition W. Bates, state for removal of present attorneys bank of Fayette and the appointment O'Brien, Democratic attorney from Oelwein. O'Brien, who presented the petition, said he had cases against receiverships order to All present attorneys are Republicans and include Shaw, wein, State Bank of Oelwein: Stafford, State bank of that M. M. West Union, Wadena bank and of State West Union: Mildred West Union, Randalia Savings bank and part of State bank of West Union. Judge Eichendorf recently refused to make changes attorneys receiverships his home county, Clayton, been quested put in place Delbert W. Meler of Monona.