3817. Sunbury Savings Bank (Sunbury, IA)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
November 4, 1932
Location
Sunbury, Iowa (41.670, -90.931)

Metadata

Model
gpt-5-mini
Short Digest
c511af0c

Response Measures

None

Description

Articles show the Sunbury Savings Bank was in receivership (receiver L. A. Andrew). No mention of a depositor run or temporary suspension/reopening; receiver actions and foreclosure proceedings indicate permanent closure/receivership.

Events (2)
1. November 4, 1932 Receivership
Newspaper Excerpt
Sunbury, Ia., Bank Receiver Is Given $10,248 Judgment ... L. A. Andrew, receiver for the Sunbury Savings bank of Sunbury, Ia., judgment for $10,248.16 ... The receiver being represented by L. E. Casterline.
Source
newspapers
2. November 3, 1933 Other
Newspaper Excerpt
RECEIVER RESISTS MOTION FOR EXTENSION ... Resistance to the application ... foreclosure suit instituted by the Sunbury, Savings bank receivership, for extension redemption period ... has been filed in the district court by Bates. The receiver the plea time ...
Source
newspapers

Newspaper Articles (2)
1. November 4, 1932 The Daily Times Davenport, IA
Article from The Daily Times, November 4, 1932

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Article Text

Sunbury, Ia., Bank Receiver Is Given $10,248 Judgment A court order allowing L. A. Andrew, receiver for the Sunbury Savings bank of Sunbury, Ia., judgment for $10,248.16 on promissory note issued John and Mathilda Schlichting and Elmer and Florence Schlichting was signed today by District Judge W. W. Scott. The note was held genuine by the court and the judgment permits foreclosure of a mortgage on real estate property of the defendants. No personal judgment is made against Elmer and Florence Schlichting who are tenants on the farm property. Ruymann & Ruymann were attorneys for the defendants, the bank receiver being represented by L. E. Casterline.

2. November 3, 1933 Quad-City Times Davenport, IA
Article from Quad-City Times, November 3, 1933

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Article Text

RECEIVER RESISTS MOTION FOR EXTENSION Resistance to the application John others, fendants foreclosure suit instituted by the Sunbury, Savings bank receivership, for extension redemption period under the Iowa Debtor's Emergency legislation been filed in the district court by Bates, The receiver the plea time on the ground that the law the defendants are the property involved an 80-acre tract land without and is therefore eligible to participate in the debtemergency