Article reports the State Bank of Oto was thrown into receivership by district court on petition of the Iowa bank superintendent (government action). No mention of a depositor run prior to suspension.
Events (2)
1.December 9, 1921Receivership
Newspaper Excerpt
The state bank of Oto ... was thrown into receivership in district court on petition of the Iowa bank superintendent.
Source
newspapers
2.December 9, 1921Suspension
Cause
Government Action
Cause Details
Placed into receivership by district court on petition of the Iowa bank superintendent.
Newspaper Excerpt
The state bank of Oto, at Oto, Iowa, with a capital of $25,000 was thrown into receivership in district court on petition of the Iowa bank superintendent.
Iowa Bank Closed. Sioux City, Ia., December 9.-The state bank of Oto, at Qto. Iowa, with a capital of $25,000 was thrown into receivership in district court on petition of the Iowa bank superintendent.