3497. Peoples Bank (Humboldt, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 1, 1930*
Location
Humboldt, Iowa (42.721, -94.215)

Metadata

Model
gpt-5-mini
Short Digest
7bc94135

Response Measures

None

Description

Articles indicate the Peoples (State) Bank of Humboldt was closed and in receivership by mid‑1930. Receiver sold bank-owned farm in Aug 1930; by Dec 1930 the closed bank was paying dividends to depositors. No run is described.

Events (3)

1. August 1, 1930* Suspension
Cause Details
Article states the bank was closed and in receivership; no run or specific cause (insolvency reason) described in provided text.
Newspaper Excerpt
the closed Peoples Bank of Humboldt
Source
newspapers
2. August 21, 1930 Receivership
Newspaper Excerpt
BANK RECEIVER GETS PRICE FOR FARM Humboldt, Miller, examiner in charge the Peoples Bank boldt has sold the Willard Edwards farm, located north of Humboldt, to Huffman of Sac City, for per acre.
Source
newspapers
3. December 25, 1930 Other
Newspaper Excerpt
Peoples State bank at Humboldt, 10 per cent, $43,644.67.
Source
newspapers

Newspaper Articles (4)

Article from The Terril Record, August 21, 1930

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Article Text

BANK RECEIVER GETS PRICE FOR FARM Humboldt, Miller, examiner in charge the Peoples Bank boldt has sold the Willard Edwards farm, loeated north of Humboldt, to Huffman of Sac City, for per acre. The farm consists of 154 acres. Mr. Huffman expects to move onto next March


Article from The Sioux County Index, August 22, 1930

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Article Text

BANK RECEIVER GOOD PRICE FARM Humboldt, Miller, in charge the closed Peoples Bank of Humboidt has sold the Willard Edwards farm, losated north of Humboldt, Huffman of Sac City, for per acre. The farm consists 154 acres. Mr. expects move onto it next March


Article from Globe-Gazette, December 25, 1930

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Article Text

CLOSED PAY DIVIDEND AS CHRISTMAS GIFT Eight of Iowa Institutions Make Final Payments to Depositors. DES MOINES, Dec. 25. (P)Eight closed Iowa banks have paid the final dividend to depositors as a Christmas gift, L. Andrew, state superintendent of banking, reported today. They are as follows: Parnell Savings bank, $12,944.59; Farmers Savings banks at Troy Mills, $4,721.97; Odebolt Savings bank, $11,789.21; Winthrop State bank, $38,789.21; Ringsted State bank, $51,250.22; Farmers Savings bank at Odebolt, $18,874.14; Farmers State bank at Clutier, $19,321.72; Jesup State bank, $28,853.86. Nineteen other closed banks have paid Christmas dividends as follows: Farmers Savings bank at Bernard, 25 per cent, $36,662.48. Farmers and Traders State bank at Bonaparte, 15 per cent, $51,128.49. First State Savings bank at McCausland, 25 per cent, $29,331.55. Peoples Savings bank at Marengo, 5 per cent, $22,512.66. Malcolm Savings bank, 10 per cent, $19,974.14. Des Moines Commercial Savings bank, 5 per cent, $92,514.70. Security State bank at Promise City, 25 per cent, $45,017.87. County Savings bank at Algona, 10 per cent, $137,669.38. United State bank at Des Moines, 5 per cent, $67,165.18. Floris Savings bank, 30 per cent, Peosta Savings bank, 20 per cent, $12,016.99. Farmers Savings bank at Corwith, 25 per cent, $53,442.13. Gravity State bank, 25 per cent, Peoples State bank at Humboldt, 10 per cent, $43,644.67. Anthon tSate bank, 10 per cent, Citizens State bank at Anthon, 10 per cent, $26,743.92. Farmers State bank at Rockwell,


Article from Des Moines Tribune, October 2, 1931

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Article Text

HAVE HUNDREDS OF SPECIMENS Fossils, Flowers. Minerals in Their Cabinets. A natural names of exhibits hobby three The of 1224 collections of and fascinating sort their by Raymond of division in cludes and Louise the ment after entomology On Trips. Most of by from ers This summer's trip augmented fossils in the like in good were added New acquisitions in the mineralogy department clude of meteorite Meteor New gem minerals are red tourmaline green jasper and Agatized wood displays came from Ariz., this summer. Forest Foliage. The botany department. more recent branch of the cludes several specimens of western coast forest foliage and some cones Louise found from the sequoia gigantea trees in botany neatly framed with glass and bound with already number Albert uses mosquito net long fish pole to add new its to his collection of 50 butterSeveral professors have become interested in the children's projects, and one of Raymond's most prized possession is mounted cowfish given him by Prof. Homer Dill of the University of Iowa museum. While traveling the young sters visit museums to obtain ideas from professional collectors. They do most of their own identifying of rock specimens with the help of their father and mother. Japanese Minerals. Eighty Japanese minerals were splendid Christmas gift, in the opinion of Raymond. whose exhibits fill numerous sliding drawers. Indian relies are new department rapidly acquiring number and space. Beside the natural science displays, the children's collection includes stamps, coins, seashells, marine life and a group of dolls from many countries. Raymond finds everything is classified in an orderly manner in his hibits of and minerals. Each specimen has neatly printed label attached. lection. The upstairs rooms for Main Room. The room in This taken found is used step to safeguard dining room of depositors and Mr. bedroom opens the room Miss to proceed. Volkers' from other Neither of the bedrooms had IOWA BANKS CLOSED been entered by The Four banks failed room downstairs is used open their doors and storage room for bank in The American Savings tools, clothing and It in this room that Miss Volkers taken over by the clothing found. The which adjoins is 37 of Moines and 12 southof Knoxville The farm miles of Dallas. department through A and the last ment showed deposits of Henry Mahoney is president. Deposits of the Citizens of West Muscatine were The Truro Savings bank of Madison had Truro, of The Thor bank of Humboldt had deposits of county, DIVIDENDS READY. (The in payof the dividends to former depositors of the closed Peoples State bank of Humboldt delivered by R. H. examiner in to Humboldt Trust and for This makes total of 67 returned to