First State Bank - Riverside, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 5, 1931
Location: Riverside, Iowa (41.482, -91.577)

Metadata

Model: gpt-5-mini
Short Digest: 1fa73f4a

Response Measures

None

Description

Article (Feb 5, 1931) identifies Clyde Yount as receiver of the First State Bank and reports sale of bank-owned property — indicates the bank had been placed in receivership/closed. No run or reopening mentioned in the text.

Events (1)

1. February 5, 1931 Receivership

Newspaper Excerpt: Clyde Yount, as receiver of the First State bank, has sold the corner building ... subject to the approval of the district court.
Source: newspapers

Newspaper Articles (1)

1. February 5, 1931 Iowa City Press-Citizen Iowa City, IA

Article from Iowa City Press-Citizen, February 5, 1931

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Article Text

SELL PROPERTY AT RIVERSIDE Business Building Sold By Bank Receiver For $3,000 RIVERSIDE-Clyde Yount, as receiver of the First State bank, has sold the corner building occupied by the Dautremont cafe, Iowa-Illin. ols Telephone Exchange and other business places, to Frank F. Havel and James Havel, Jr., subject to the approval of the district court. The consideration is $3,000. Dr. and Mrs. J. M. Chittum of North Liberty visited Sunday with Mr. and Mrs. Anthony Yeggy. Play Two Games The boys' basketball team of St. Mary's school journeyed to Lee county Thursday where they were scheduled for two games. On Thursday evening they played the St. Mary's team at West Point. who defeated them by a score of 19 to 10. Friday evening they were victorious over the St. Joseph basketeers at Fort Madison the score being 16 to 11. Those making the trip were Eldon Kloepfer, Adrian Dautremont, Marcellus Swift, Harold Waldschmidt, Omer Kiefer, Morris Klein, John Thomann and Cecil Strabala. Accompanying there were Coach Martin Walsh and Edward Knebel, timekeeper. Bans for the approaching marriage of Miss Velma Thomann, daughter of Mr. and Mrs. Albert Thomann and Bernard Walsh, son of Mr. and Mrs. James Walsh, were announeed Sunday morning at St. Mary's church. The wedding will take place the middle of February.