Sioux City Savings Bank - Sioux City, IA

Bank Information

Episode Type: Suspension → Closure
Bank Type: savings bank
Start Date: November 19, 1896
Location: Sioux City, Iowa (42.500, -96.400)

Metadata

Model: gpt-5-mini
Short Digest: f4f5fd3e

Response Measures

None

Description

OCR in article spells 'Sloux' City; corrected to 'Sioux'. The bank closed permanently on November 19, 1896 and was in receivership; article (1903-12-02) describes sale of remaining assets by receiver. No run is mentioned and no reopening occurred.

Events (2)

1. November 19, 1896 Suspension

Cause Details: Article states the bank 'closed its doors' on this date but gives no specific cause (no run or government action mentioned).
Newspaper Excerpt: the defunct bank which closed its doors November 19, 1896
Source: newspapers

2. December 2, 1903 Receivership

Newspaper Excerpt: John H. Jackson, receiver for the Sloux City Savings bank, yesterday disposed of $30,000 worth of old notes and $2,500 worth of old judgements at public auction for $256.75.
Source: newspapers

Newspaper Articles (1)

1. December 2, 1903 Evening Times-Republican Marshalltown, IA

Article from Evening Times-Republican, December 2, 1903

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Article Text

away. OLD NOTES SOLD, Total of $30,000 Brought Less Than $300 at Sloux City. Special to Times-Republican. Sioux City, Dec. 2.-John H. Jackson, receiver for the Sloux City Savings bank, yesterday disposed of $30,000 worth of old notes and $2,500 worth of old judgements at public auction for $256.75. The securities disposed of included all of the remaining assets of the defunct bank which closed its doors November 19, 1896, and the sale was in accordance with an order of Judge Gaynor, of the district court, with a view to closing up the receivership. Those who attended the sale of the remaining assets, which began at 2 o'clock in the afternoon, were W. B. Carter, W. W. Stevens, George Bliven, George D. Weintz, O. J. Taylor and R. C. A. Flournoy. Probably the largest sacrifice made in all of the notes sold was the sale of eight notes aggregating $8,677.07 for the sum of $3. This batch was bought by W. W. Stevens. The signers of the notes were Kittie A. Holly, Sloux City, Sash and Door company, J. H. Hamilton, W. D. McLaughlin. Mutual Trust and Deposit company, H. H. Buckwalter and Nancy Sloan.