Hamilton County State Bank - Webster City, IA

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: state
Start Date: December 2, 1926
Location: Webster City, Iowa (42.469, -93.816)

Metadata

Model: gpt-5-mini
Short Digest: 655cad55

Response Measures

Full suspension

Description

Article (Sioux City Journal, 1926-12-02) reports 'Hamilton State bank' in Webster City closed its doors to conserve assets because of 'continued withdrawals' and directors said the institution would 'reopen shortly.' I use the provided name 'Hamilton County State Bank' (article text shows 'Hamilton State bank'). Suspension was a voluntary action for reorganization following heavy withdrawals; reopening was planned.

Events (3)

1. December 2, 1926 Run

Cause Details: Continued heavy withdrawals from depositors (unspecified origin) that forced directors to act.
Measures: Bank closed its doors to conserve assets and effect reorganization; directors announced plans to reopen shortly.
Newspaper Excerpt: Continued withdrawals given as the cause of the voluntary action by the directors.
Source: newspapers

2. December 2, 1926 Suspension

Cause: Voluntary Liquidation
Cause Details: Directors voluntarily closed the bank to conserve assets and carry out a reorganization in response to continued withdrawals.
Newspaper Excerpt: Hamilton State bank closed its doors this to conserve assets effect reorganization.
Source: newspapers

3. * Reopening

Newspaper Excerpt: plans already are being worked out and officers said institution would reopen shortly.
Source: newspapers

Newspaper Articles (1)

1. December 2, 1926 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, December 2, 1926

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Article Text

BLACKSMITH TAKES "SHOE" OFF A SUFFERING HOG Rockwell City, Ia., Dec. 1.-Special: Ed Saupp, an old time blacksmith of Rockwell City, who has shod hundreds of horses and mules, has been called upon perform unique job-that taking shoe off 150-pound hog. of A farmer living near Rockwell City noticed that one of his hogs refused to eat and appeared sick. He found that the hog had iron band about an inch in width on its hoof, which had swollen so that the band could not be removed without the ald of hack which was put into action by Mr. Saupp. The swelling in the foot had exerted much pressure on the band that before had been completely severed it cracked apart and fell to the floor. MAYOR. MARSHAL AND HIS DEPUTIES SUED FOR $10,000 Cedar Rapids, Ia., Dea Mayor Current, of Mt. Vernon, Ia., F. B. Frick, town marshal, Evans Colton, councilman, and six deputy are to be made defendants in action for $10.000 each, filled by Mrs. Clara Hendrix, owner of the moving picture theater at Mt. Vernon where bloodless riot staged last Sunday night. Notice of the suit was served on the defendants today. Mrs. Hendrix charges that the dewrongfully and illegally entered the theater and destroyed private property. L. D. Hendrix, her of the thea. ter, will be tried this afternoon for violating the Sunday closing law. CROSSING WATCHMAN IS BLAMED FOR TRAGEDY Dec. coroner's Ames, Ia., jury verdict made public here today says: "Negligence of the crossing signal man" was responsible for the Kellogg avenue crossing accident Saturday in which Merrill Hunter, 24-year-old auckilled. His was tioneer, was Chicago and Northweststruck by train. The coroner's jury decided H. ler, signalman, did not lower the gates in time to avert the accident. Reynolds alleges his incorporated self bargained to pay his individual self $4,000 year, but for the last two years he has only collected about $2,000 annually and he wants what is due him. The corporation owes more than 50 creditors, the petition states. PIONEER WOMAN OF SOD HOUSE DAYS IS DEAD Rock Valley, Ia., Dec. 1.-Special: Mrs. William Ritcher, a pioneer of sod house days, passed away at her home in Rock Valley after an illness of short duration. She was born in Westphalia, Germany, March 9, 1859, and came to America, locating at Burlington in 1868. She was married to William Ritcher in 1879 and immediately moved to Rock Valley. Five children survive. Railway Wins Stockyard Case. Storm Lake, Ia., Dec. 1.-Special: In written opinion filed with County Clerk J. E. Holden of Buena Vista county, Judge James DeLand declared that the city council of Storm Lake cannot compel the Illinois Central Railway company to remove its stockyards. This famous case began when property owners living near the stockyards appeared before the city council with complaints that they were nuisance. The council ordered removal to some other point. Australians Win Debate. Iowa City, Ia., Dec. ular the in the IowaSydney debate night favored the issue supported by the Australians, that the results of the world war did not tend toward the peace of the world. The 227 to 210 in favor of the Australians, who tended that the jealousies and hatreds which induced the world war have not been destroyed. Orders Dinner; Drops Dead. Cedar Rapids, Dec. John Green, wealthy retired farmer of Van Horne, Ia., dropped dead from stroke of apoplexy in restaurant just after he and his wife had ordered their dinner. They had come here early in the day on shopping trip. Mr. Green was native of Janesville, Wis. He was 66 years old, and was member of the town council of Van Horne. Bank to Reorganize. Webster City, Ia., Dec. Hamilton State bank closed its doors this to conserve assets effect reorganization. Continued withdrawals given as the cause of the voluntary action by the directors. plans already are being worked out and officers said institution would reopen shortly. Deer Hunters' Luck Good. Adrian, Minn., Dec. I.-Special: Several big game hunters from this community returned home this week from Hubbard county, Minn., with their allotments of one deer each.