Security Trust & Savings Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: September 14, 1934
Location: Ryan, Iowa (42.351, -91.482)

Metadata

Model: gpt-5-mini
Short Digest: 38f1dea9

Response Measures

None

Description

Article (The Courier, 1934-09-14) reports a receiver authorized to dispose of assets of Security Trust and Savings Bank of Ryan, indicating the bank was in receivership/closed. No mention of a depositor run or prior suspension in the text; receiver action implies permanent closure.

Events (1)

1. September 14, 1934 Receivership

Newspaper Excerpt: Same receiver vs. Security Trust and Savings Bank of Ryan. Receiver authorized to dispose of farm in Adams township found in the bank assets to Frank Boss.
Source: newspapers

Newspaper Articles (1)

1. September 14, 1934 The Courier Waterloo, IA

Article from The Courier, September 14, 1934

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Article Text

DELAWARE TAXES FOR 1934 LOWER BY $128,542.54 Saving for County on Levies Due Next Year $24.90 Out of $100. Manchester, Ia.-Delaware county taxpayers will be saved the sum of $128,542.54 when they pay their 1934 tax rolls in 1935, according to figures of the state board of and review released by Ray Murphy, chairman The reduction will be the result of the three-point tax law now in effect. Altho the tax levies for 1934 have not been completed in Delaware county, it is estimated that a saving of $24.90 out of every $100 will be made. Altho the mill levies on farms are somewhat lower than on city property, taken as an average, the taxpayers in 1935 will pay $75.10 on the usual $100 tax. Delaware county property taxes levied in 1933 for payment this year amount to $516,204.70. Judgments on Notes Asked. Clara G. Dunlap is made defendant in an action just filed in Delaware district court by the Equitable Life Assurance society of New York for $21,469. 43, in farm foreclosure action. The land involved is situated in Hazel Green township. Judgment is asked against Clara G., D. Lewis, Elta and Clara M. Dunlap. similar action filed by the same plaintiff names Henry B. Schneiders and others defendants. The land af fected is in Bremen township, and the foreclosure is for the sum of $11,185.95. Judgment is asked against Mr. Schneiders and his wife. Mary. Other Cases Settled. Several court matters were disposed of Thursday, among them the following Receiver D. W. Bates vs. Delaware County State bank Receiver authorized to scttle indebtedness of L. M. Ryan to the bank for $3,700 in the sum of $3,000. Same receiver vs. Security Trust and Savings Bank of Ryan. Receiver authorized to dispose of farm in Adams township found in the bank assets to Frank Boss. Nellie S. Trewin vs. Maurice Moroney. Final report approved and receiver discharged.