3251. Corning State Savings Bank (Corning, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
March 17, 1910
Location
Corning, Iowa (40.990, -94.741)

Metadata

Model
gpt-5-mini
Short Digest
5dc86d5e

Response Measures

None

Description

Newspaper items (Mar–Apr 1910) report the Corning State Savings Bank as defunct and that the receiver C. F. Andrews sold the remaining assets at public auction (about $50,000 in assets realizing $275). This indicates the bank had been suspended/closed and placed in receivership; no run is mentioned.

Events (2)

1. March 17, 1910 Receivership
Newspaper Excerpt
The remaining assets of the defunct Corning State Savings Bank were sold at public auction by the receiver, C. F. Andrews, on order of the court.
Source
newspapers
2. March 17, 1910 Suspension
Cause Details
Bank is described as 'defunct' and in receivership; specific trigger for suspension not stated in articles.
Newspaper Excerpt
The remaining assets of the defunct Corning State Savings Bank were sold at public auction by the receiver, C. F. Andrews, on order of the court.
Source
newspapers

Newspaper Articles (2)

Article from Evening Times-Republican, March 17, 1910

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Article Text

Oxford. Arrangements are being made for the starting of the new St. Mary's church which is to be erected in Oxford this spring. Dunlap. James Quinn has the distinction of receiving the highest price for hogs shipped from here. The car of hogs were on the Chicago market Monday and brought $11.10 per 100. Defiance. County Attorney Edward S. White has begun injunction proceedings against Thomas Kimball, a restaurant keeeper of Defiance, charging him with illegal, sale of an intoxicating liquor called "Rosebrew." Portsmouth. Mayor C., A. Monahan has called a special election to be held in the town of Portsmouth on April 11 for the purpose of voting on the issuance of $3,500 bonds for the establishment of a waterworks system for the town. Chariton. The depositors of the defunct First National Bank are receiving from Receiver Jamison, a dividend of 16 2-3 per cent paid so far. Another dividend of 5 per cent will be paid in a few months, when the affairs of the bank will be wound up. Winterset. Ira C. Walker and wife of Winterset Monday celebrated their sixtieth wedding anniversary. Mr. and Mrs. Walker came to Madison county in 1854 and settled on North river near Brown's bridge and lived there until a few years ago, when they removed to Winterset. Newton. Up to a recent date the court house clock fund totaled $1,128. In other words, only seventy-two more individuals are going to be given an opportunity to contribute a dollar toward the huge time piece. The dollars are arriving slowly just now but there is no doubt that the $1,200 will be received ere long. Letts. Thompson, a well known retired farmer, died here Saturday quite suddenly in the office of a physician. He had been in a barber shop and had complained of feeling ill. He went to the office of a physician and there died while waiting treatment. Thompson would have been 66 years of age had he lived until Saturday. Corning. The remaining assets of the defunct Corning State Savings Bank were sold at public auction by the receiver, C. F. Andrews, on order of the court. About $50,000 in notes, judgments, bonds, stocks, etc., were sold. The aggregate amount realized was $275. There was not a very large crowd present. A. Ray Maxwell acted as auctioneer. Des Moines. A splendid five-story, fire proof hotel is to replace the old Northwestern Hotel at the corner of East Fourth and Walnut. The Northwestern Hotel prop-


Article from Manchester Democrat, April 6, 1910

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Article Text

was circulating a paper for the Republican nomination for sheriff and asked Schultz if he would sign it. Schultz, who is quite a politician, was ready to sign the paper and while in the act he was overpowered by the sheriff, and the revolver and razor which he had in his possession were taken away from him. He was taken to Marengo and was adjudged insane by the commissioners of insanity. AMONG OUR NEIGHBORS. Albert E. A. Hartj has been appointed postmaster at Minerola, vice M. Flammant, resigned. State Superintendent Rigg has definitely decided that he will be a candidate for renomination. Sheriff Dunn of Dubuque returned from Salt Lake City, having in custody Charles Kneal, indicted a year ago for desertion. Arrangements are being made for the starting of the new St. Mary's Church which is to be erected in Oxford this spring. The work of putting in six more miles of tile ditching on the Mel Smith farm, near Whiting, will be started at once by Lewis & Leeder. Harold Tarr, the 7-year-old son of Mr. and Mrs. William Tarr of Oskaloosa, was instantly killed by being run over by the tender of a traction outfit. Six hundred and seventy-three dollars for a pair of 6-year-old farm horses sound pretty big, but that is what Jacob Sexauer of Angley received at his sale. The drug store of Wills Wolf, of Lorimor, was raided by County Attorney Armitage and Deputy Sheriff Evans and a large quantity of intoxicating liquors seized. James Quinn has the distinction of receiving the highest price for hogs shipped from Dunlap. The car of hogs wer on the Chicago market and brought $11.10 per 100. At the school election at Mason City improvement taxes to the amount of $38,000 were voted for the purchasing of property and the erection of a school house at the north end. The Federated Women's Clubs of Creston made the first donation of funds toward the Y. M. C. A. campaign for funds now going on. They pledged $1,000 and this was given voluntarily For speeding his auto through Main street, H. L. Meredith, manager of the Meredith Auto Company, at Mason City, was fined $10 and costs by Mayor Kirschman, Meredith pleaded guilty to the charge. County Attorney Edward S. White has begun injunction proceedings against Thomas Kimball, a restaurant keeper of Deflance, charging him with illegal of an intoxicating liquor called "Rosebrew." Dale Waltz, aged 6 years, son of F. E. Waltz, living at Indianapolis, died of injuries received by a falling timber from which a swing was attached in a barn. His chest was crushed, and he lived only a few hours. M. K. Avery, a prominent farmer of Mason City, through friends in IIIInois, sold to E. H. Burns, of Orient, S. D., a Porter turkey gobbler for $500. It is the highest price paid for one turkey known in the State. An unpaid fire insurance policy is assessable property, according to a decision just rendered by the lowa Supreme Court in the case of County Treasurer 0 B. Talley against Jonathan W. Brown, of Sioux City. The remaining assets of the defunct Corning State Savings bank were sold at public auction by the receiver, C. F. Andrews, on order of the court. About $50,000 in notes, judgments, bonds, stocks, etc., were sold. The aggregate amount realized was $275. The engine and mail car of north bound passenger train No. 3 on the Minneapolis and St. Louis road dropped through a blazing trestle near Humboldt. The whole train probably would have followed, had not Engineer James Murphy discovered the fire in time to set the brakes. Adam Trumbull, an old soldier and an old resident of Mason City, died while being assisted from his kitchen, where he had been taken sick, to his bed room, expiring in the arms of a neighbor who happened in and found him struggling to rise from a table against which he had fallen. He was 77 years of age, and was a member of a Wisconsin regiment. The contract for the paving of Onondago street at Ames was let by the city council to William Horabin, of Iowa City. The bid was $3.29 per square yard. The paving is to be creosote blocks on a concrete foundation. George West, living west of Churdan sold his 120 acre farm to Frank Farley of Coon Rapids for $150 per acre. He then purchased the old West homestead for $135 per acre. He sold the latter place ten years ago for $40 per acre. Work has begun at Mason City on a mammoth storehouse to be built by the Northwestern States Cement Com-