Commercial Bank (Keokuk, IA)

Episode Information

Episode UID
3693109991261
Episode Type
Suspension → Closure
Bank Type
private
Bank ID
369310999 hash
Start Date
January 29, 1905
Location
Keokuk, Iowa (40.397, -91.385)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
94ee5395ce9790ff

Response Measures

None

Description

President Edmund Jaeger indicted for receiving deposits after bank was insolvent.

Events (2)
1. January 29, 1905 Receivership
Newspaper Excerpt
the old Commercial bank, of which Edmund Jaeger, Sr., was the head, and which failed several years ago...turned over to him by the receiver, George Narrley
Source
newspapers
2. January 29, 1905 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was insolvent; closed its doors January 29 after insolvency and alleged receipt of deposits despite knowledge of suspension.
Newspaper Excerpt
Judge Edmund Jaeger, president of the Commercial bank, which closed its doors January 29, was indicted...
Source
newspapers

Newspaper Articles (2)
1. April 8, 1905 Ottumwa Tri-Weekly Courier Ottumwa, IA
Article from Ottumwa Tri-Weekly Courier, April 8, 1905

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Article Text

SERIOUS UPRISING IS NOW THREATENED IN RUSSIA FAILED BANKER IS INDICTED. Accused of Receiving Deposits on Day UNLESS REPRESENTATIVES OF of Suspension. PEOPLE ARE SUMMONED Keokuk, April 6.-Judge Edmund Jaeger, president of the Commercial TROUBLE IS FEARED. bank, which closed its doors January 29, was indicted yesterday by the grand jury for receiving deposits after he knew the bank was insolvent. Bond was fixed at $5,000. but after an allday search for sureties Jaeger was reRETREAT CONTINUES manded to jail last night. The Commercial bank was a private institution and not amenable to the Iowa lows providing for inspection. Judge Jaeger, it is alleged, a few days previous to the suspension of the bank transferJapanese Army Reports That Russians red all his real estate holdings.alHave Been Repulsed in Attack on though deposits were received on the day the bank closed. The bank had Chincheatun and Are Being Pressed deposits of $75,000 and assets of about Continually Northward - Russians $10,000.

2. February 13, 1915 Ottumwa Tri-Weekly Courier Ottumwa, IA
Article from Ottumwa Tri-Weekly Courier, February 13, 1915

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Article Text

# THE HUBENTHAL VS. # GIBBONS REVERSED Keokuk, Feb. 10.—The Iowa supreme court Tuesday reversed the case of Charles Hubenthal vs. Judge John Gibbons. This was an interesting case, and a jury gave the plaintiff judgement for $585.37. The case grew out of the payment of a note for $187.50. Hubenthal claimed that the note was paid without his consent or knowledge out of his own personal account in the old Commercial bank, of which Edmund Jaeger, Sr., was the head, and which failed several years ago. Hubenthal said he knew nothing about the transaction until the note was turned over to him by the receiver, George Narrley at the instance of the referee. This was the first intimation he had of the transaction. He commenced suit for the amount against Judge Gibbons of Chicago. The statute of limitations was said not to apply in this case because of Gibbons being a non-resident. The jury in June, 1913, rendered a verdict for Hubenthal of $585.37. The new trial motion, later was overruled.