Durant Savings Bank (Durant, IA)

Episode Information

Episode UID
72079671623
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
7207967 routing
Routing Number
72-0796
Start Date
March 1, 1935*
Location
Durant, Iowa (41.600, -90.911)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
157e105db8520243

Response Measures

None

Description

Bank is repeatedly referred to as closed and in receivership across articles.

Events (4)
1. March 1, 1935* Receivership
Newspaper Excerpt
closed Durant Savings bank, herded the receiver and his assistant into a vault; Harry Kelly, bank receiver, was working over the books of the bank
Source
newspapers
2. March 29, 1935 Other
Newspaper Excerpt
Two men Friday held up the closed Durant Savings bank...forced the pair into the vault...took what cash was in the vault and cashier's cage
Source
newspapers
3. September 15, 1935 Other
Newspaper Excerpt
D. W. Bates as receiver of the Durant Savings bank...filed a petition...asking that a deed...be set aside
Source
newspapers
4. December 24, 1935 Other
Newspaper Excerpt
The receiver for the Durant Savings bank was authorized to sell Muscatine property to H. D. and Mabel E. Webster for $3,500
Source
newspapers

Newspaper Articles (5)
1. March 29, 1935 The Courier Waterloo, IA

Article Text

Youthful Bandits Rob Closed Bank of Cash In Vault Bank Receiver and Assistant Held Up With Guns; Amount of Loot Unknown. Durant, Ia.—(U.P.)—Two men Friday held up the closed Durant Savings bank, herded the receiver and his assistant into a vault, and escaped with an undetermined amount of cash. Harry Kelly, bank receiver, was working over the books of the bank with his assistant, Walter Meinert, when two men entered the bank. They engaged Kelly in discussion on securing a loan for a real estate deal. Force Pair Into Vault. When Meinert came over to join the conversation, the two bandits pulled revolvers from their overcoat pockets and announced that they were holding up the bank. They forced the pair into the vault but did not lock it, took what cash was in the vault and cashier's cage, and fled eastward toward Davenport in a bright-colored coupe. Loot $50 to $1,000. Kelly declined to say how much money had been taken pending a checkup of the cash. He said it may have been around $40 or $50 and may have run up to nearly $1,000. The bandits were described as youthful, one about 28 years old, the other about 35. Both wore dark clothing.

2. September 12, 1935 The Muscatine Journal Muscatine, IA

Article Text

10-77-1E. Durant Savings bank, by receiver, to Vernie Lee Potter part of sections 9 and 10-77-1E. E. P. Otto to Vernie Lee Potter part of section 9 and 10-77-1E. Trustees of the South Circuit of Methodist Episcopal churches of Muscatine to Harry Ivan Spring and Alice Spring, lot 3 in block 14 of A. Smalley's addition to South Muscatine.

3. September 15, 1935 Quad-City Times Davenport, IA

Article Text

LAND CONVEYED TO AVOID PAYMENT OF $9,300 DEBT CLAIM Claiming that the conveyance was made in order to avoid payment of an obligation of $9,380, D. W. Bates as receiver of the Durant Savings bank Saturday filed a petition in the Scott county district court asking that a deed of Scott and Grundy county lands by August and Sophia Triemers to Meta and Thomas Pohlmann, Bennett, be set aside. The property deeded is a one-seventh interest in 438 acres of Scott and 160 acres of Grundy county land which came in August Triemer's hands under the estate of his father and mother, William and Magdalena Triemers. The defendant, it is claimed, assigned these interests to the bank as security for a $9,500 loan in 1926 along with a chattel mortgage on his personal property and then later conveyed the land to the Pohlmanns. A writ of attachment has also been issued out of the Muscatine county district court in favor of the Durant bank receiver to protect his interests in the two properties which have been made the object of a landlord's attachment suit by the Beirkamp estate. France & France of Tipton are attorneys for the receiver.

4. December 24, 1935 The Gazette Cedar Rapids, IA

Article Text

TIPTON—A number of orders have been issued by Judge John T. Moffit in Cedar county bank receiverships. The receiver for the Durant Savings bank was authorized to sell Muscatine property to H. D. and Mabel E. Webster for $3,500. January 6 was set as the time for hearing of the application of the receiver for the Bennett Savings bank for authority to accept $2,100 from William Eggert in full settlement of indebtedness of $6,000. E. G. Dresselhaus, J. N. Wiese and H. R. Weih were appointed as appraisers to fix the value of the property of the Bennett Savings bank. The receiver for the Helmer and Gortner State bank of Mechanicsville was authorized to sell the Hines property and the Pieper property, owned by the bank, to Robert Kramer of Mechanicsville for $1,400 and $600 respectively. Both properties are in Mechanicsville. The receiver for the Durant Savings bank was authorized to accept $800 in full settlement of indebtedness of $1,225 owed by Lee Norton. DELTA—The Rev. Chris Sias resigned as pastor of the Christian church Sunday. He has accepted a pastorate with the chuches at Mapleton and Ute in western Iowa and will move his family to the new home soon.

5. December 25, 1935 Quad-City Times Davenport, IA

Article Text

CRIST AGAIN CEDAR COUNTY BUREAU HEAD Directors Are Chosen; Indorse AAA; Bank Liquidation Orders. Tipton, Ia., Dec. 25.—H. H. Crist was re-elected president of the Cedar county Farm Bureau at the annual meeting in the Methodist church. Alvin Stonerook was elected vice president; Ben Penningroth, secretary; Jim Reeve, treasurer; Mrs. Hy Von Muenster, home project chairman; Mrs. Ben Schroeder, girls' 4-H club chairman; Glen Ridenour boys' 4-H club chairman. The township directors are: Cass, Clifford Tisinger; Center, George Fraseur; Dayton, R. H. Domer; Fairfield, Sam Thumma; Farmington, Arnold Wiese; Fremont, Henry Von Behren; Gower, Austin Ellyson; Inland, Walter Rohlf; Iowa, Lee Millett; Linn, Forest Rhoads; Massillon, Otto Schneider; Pioneer, Lester Nicoll; Red Oak, Floyd Spear; Rochester, H. L. Witmer; Springdale, Emery Hemingway; Sugar Creek; Walter Kiser; Springfield, Eric Von Muenster. Resolutions were adopted recommending the continuation of the agricultural control program with such changes as experience has shown necessary; a program of education, and set-up of co-operatives; a homestead tax exemption law; the rural electrification program; urge an increase on the tax on oleomargarine in Iowa; urge the Iowa Farm Bureau federation to attempt to secure reciprocal trucking agreements whereby trucks from other states will be permitted to drive on Iowa highways free if they permit Iowa trucks on their highways under similar terms. Receivership Orders. Judge John T. Moffit has authorized receiver for the Durant Savings bank to sell property in Dr. Peterson's addition, Muscatine, to H. D. and Mabel E. Webster, for $3,500. Application of the receiver for the Bennett Savings bank for authority to accept $2,100 from William Eggert in full settlement of indebtedness of $6,000 will be heard at 9 a. m. Jan. 6. E. G. Dresselhaus, J. N. Wiese and H. R. Weih were appointed appraisers to fix value of the property of the Bennett Savings bank. The receiver for the Helmer and Gortner State bank, Mechanicsville, was authorized to sell the Hines property and Pieper properties in Mechanicsville also owned by the bank, to Robert Kramer, Mechanicsville, for $1,400 and $600 respectively. The receiver for the Durant Savings bank was authorized to accept $800 in full settlement of $1,225 of Lee Norton. H. E. Gibeaut, trustee, has brought suit against T. L. Lynch, administrator of the estate of P. L. Toher, for judgment for $14,075, secured by 160 acres of land in Pioneer township. Release Davison. Gene Davison has been dismissed and his bond released upon motion of County Attorney B. J. Maxwell. He was charged with unlawful sale of liquor. Bunker Funeral. Funeral services for Herbert Lee Bunker, who was killed Sunday night, were held this afternoon from the home of his parents, the Rev. R. C. Jerrell, officiating. Burial was in the Masonic cemetery.