OCR corrected text: article reports the closed People's Trust and Savings (Peoples Trust & Savings Bank) in Iowa Falls in receivership and that a first dividend of 15 cents is being paid by the receiver. No run is mentioned. Suspension appears to be by government examiners/receiver (receivership).
Events (3)
1.February 18, 1934Other
Newspaper Excerpt
first dividend of 15 cent by closed People's Trust and Savings Falls was started ... The dividend amounts
Source
newspapers
2.February 18, 1934Receivership
Newspaper Excerpt
assistant examiner charge receivership the bank; first dividend of 15 cent by closed People's Trust and Savings ... was started ... charge receivership the bank The dividend amounts
Source
newspapers
3.February 18, 1934Suspension
Cause
Government Action
Cause Details
Bank was closed and placed in receivership by banking examiners/assistant examiner
Newspaper Excerpt
closed People's Trust and Savings Falls was started W. assistant examiner charge receivership the bank
Source
newspapers
Newspaper Articles (1)
1.February 18, 1934The CourierWaterloo, IA
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Article Text
Iowa Falls Bank Paying Dividend
(Courier Special Service) Iowa Falls, first dividend of 15 cent by closed People's Trust and Savings Falls was started W. assistant examiner charge receivership the bank The dividend amounts