State Bank - Rock Valley, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 12, 1932
Location: Rock Valley, Iowa (43.205, -96.295)

Metadata

Model: gpt-5-mini
Short Digest: 3a7acab2

Response Measures

None

Description

No newspaper text describes any depositor run. Articles (Aug 1932, Mar 1933, Oct 1933) show the State Bank of Rock Valley was placed in receivership (Superintendent L.A. Andrew v. State Bank of Rock Valley) and remained under a receiver in 1933, indicating suspension and closure under official action.

Events (3)

1. August 12, 1932 Suspension

Cause: Government Action
Cause Details: State Superintendent of Banking (L. A. Andrew) brought action; court approved receiver's report and inventory — bank under official supervision/receivership
Newspaper Excerpt: Order of court signed in case L A. Andrew, Supt of Banking of the State of Iowa. versus State Bank of Rock Valley. Rock Valley, Iowa, approving report and inventory listing assets and property of said defendant Receiver's twentieth report up to, and including the 30th day of June, 1932. approved
Source: newspapers

2. March 15, 1933 Receivership

Newspaper Excerpt: An order was signed authorizing the Receiver of the State Bank of Rock Valley to re-purchase pledged notes from the Security National Bank at Sioux City, aggregating ... for $8,750.65. An order was signed authorizing Receiver ... the Hawarden State Bank ... (context shows receiver active). (Mar 15, 1933 article).
Source: newspapers

3. October 20, 1933 Receivership

Newspaper Excerpt: D. Bates, receiver of the State Bank of Rock Valley has filed a petition asking that the title and estate of Lots 1 and 2, Block 14, Rock Valley ... be established against the adverse claims ... and that the title thereto be quieted in the plaintiff (Oct 20, 1933).
Source: newspapers

Newspaper Articles (3)

1. August 12, 1932 The Sioux County Index Hull, IA

Article from The Sioux County Index, August 12, 1932

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Article Text

tiff versus C. P. De Jong and De Jong and Company, defendants Plaintiff de mands judgement against defendants for the sum of $67.00 and for costs of this action, for the collection of pay ment for merchandise sold by the plaintiff to the defendant. Order of court signed discharging the receiver in the case Bruce Vosburg versus Exchange Bank of Gran ville, Iowa. and Clarence N. Graff Said receiver was Math M. Goergen and the said bank instead of going into receivership continued business on a waiver plan. Order of court signed in case L A. Andrew, Supt of Banking of the State of Iowa. versus State Bank of Rock Valley. Rock Valley, Iowa, approving report and inventory listing assets and property of said defendant Receiver's twentieth report up to, and including the 30th day of June, 1932. approved in the case L. A. Andrew, Supt., versus Hawarden State Bank. Minnie De Vries has been appointed administratrix in the matter or the estate of Maggie Schaap, deceased The Last Will and Testament of William Hoogschagen. deceased. has been filed for probate and the hearing has been set for September 5th, 1932. at 10 o'clock, A. M., at the Court House, in Orange City, Iowa.

2. March 15, 1933 The Sioux County Index Hull, IA

Article from The Sioux County Index, March 15, 1933

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Article Text

HAPPENINGS AT THE COURT HOUSE AT ORANGE CITY, IA. (Continued from Page Four) 94-47. Company filed a pet)of tion asking for judgement against A. G. Janema in the sum of $54.76. with interext and costs. Plaintiff alleger this amount due them for goods, an! on November 28. 1931. INE for judgement against Gerrit Beyers on a promissory note for the eirm of $60.00 with Interest and with costs of this action. Schneider for the allm of $125.00 and and defendant executed and delivered to drawn on the Alton Havings Bank, that said checks were presented for payment and payment refused for want of Henry Manden filed petition ask. St., in the gum of with in. and that real estate mortgage he fore. closed. The B. P. Goodrich Rubber Company filed petition anking for judge ment against Henry Blankespoor in the surn of with interest and costs Plaindift claims this amount to the balance due them for goods. warer and merchandise sold defendants in The First Joint Stock land Bank of Chicago filed petition asking for and Ada Ver Maat in the aum of 421.02. and foreclosure of real estate The Equitable Life Insurance Co., of Towa filed a petition asking for judgement against John Harmelink and Jeanette Harmelink in the SUITI of $3,436.08 with interest. attorney's fees and costs and forecloaure on real estate morigage on the East 60 ACTOR of NWW of Section Township 36 46. Henry VanWechel filed petition asking for judgement against Joe VanderWik and Peter VanEs. Sr.. in the sum of $626.62. with interest. torney's fees and costs, on promisROTY note. In the case of Ella Bierma el al. order was signed confirming the sale of Lots and in Block 40. First Addition to North Sionx Center for the sum of $1500 as reported by the Referee. In the case of the Mutual Benefit Life Insurance Company versus John Hergh et al, decree was signed. giving plaintiff indgement against the said John F. Bergh in the sum of $10,616.00. and real estate mortgage foreclosed. An order was signed authorizing the Receiver of the State Bank of Rock Valley. to re-nurchase pledged notes from the Security National Bank at Sionx City, aggregating $23. for $8,750.65 An order was signed Authorizing Receiver of the Hawarden State Bank known AS the Hawarden Roller Mills Block the of and Mrs. Herman Mr. and

3. October 20, 1933 Rock Valley Bee Rock Valley, IA

Article from Rock Valley Bee, October 20, 1933

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Article Text

gainst the lands and tenaments, goods and chattels, rghts and credits of the defendant. An order was issued granting relief and decreeing the Estate of James Gourley exempt from inheritance tax, for the reason that the exemptions allowed by statute exceed the gross value of the entire estate of the decedent. D. Bates, receiver of the State Bank of Rock Valley has filed a petition asking that the title and estate of Lots 1 and 2, Block 14, Rock Valley, except the South 22 feet of Lot 2, be established against the adverse claims of H. C. Piatt et al, the defendants, and that the title thereto be quieted in the plaintiff and the defendants pay the costs of the proceedings. The Mutual Benefit Life Insurance Company has filed petition against Fred Kuhl, Sr., et al asking for judgment in rem against the SE1/4 of Sec. 28-96-45 in the sum of $16,800 with interest at 8%, costs and Attorney fees, and that the mortgage be foreclosed on the aboves described real estate. Chas. W. Keniston has filed a petition asking for judgment against Fred W. Fleshman in the $360 as rent due on the building used as a tire store, with interest at 6%, and all costs of action; and that a writ of attachment issue for the enforcement of his landlord's lien. Frank Wakeman has filed petition asking for judgment against F. Finnie and Viva Finnie for the sum of $1076.71 with interest at 8%, costs and attorney fees and that the mortgage be foreclosed on Lot 11, Block 18, Western Town Lot Company's second addition to the Town of Hawarden.