Article Text
Newell Bank Makes Payment of 5 Pct. STORM LAKE, IA.—A five per cent payment amounting to about $11,000, will be paid at once to the creditors of the Miller & Chaney bank at Newell, Ia. This will make a total of 30 per cent paid so far.
Miller & Chaney Bank (Newell, IA)
Episode Information
- Episode UID
72079071624- Episode Type
- Suspension → Closure
- Bank Type
- private
- Bank ID
-
7207907routing - Routing Number
72-0790- Start Date
- April 27, 1935
- Location
- Newell, Iowa (42.606, -95.003)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
9d62d5ff5d9c98ed
Response Measures
None
Description
Article reports dividend payments to creditors, implying the bank was closed and in receivership; exact suspension date not given.
Events (1)
1.
April 27, 1935
Receivership
- Newspaper Excerpt
- A five per cent payment amounting to about $11,000, will be paid at once to the creditors of the Miller & Chaney bank at Newell, Ia. This will make a total of 30 per cent paid so far.
- Source
- newspapers