First State Savings Bank (McCausland, IA)

Episode Information

Episode UID
72145771566
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
7214577 routing
Routing Number
72-1457
Start Date
June 25, 1930
Location
McCausland, Iowa (41.746, -90.443)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
47b19cadb57f5e62

Response Measures

None

Description

OCR errors in articles corrected (e.g., 'Causland' -> McCausland).

Events (3)
1. June 25, 1930 Receivership
Newspaper Excerpt
Thuenen Thuenen, for the state superintendent banking empower receiver charge the bank, take what action necessary in protect the bank's interests.
Source
newspapers
2. June 25, 1930 Suspension
Cause
Government Action
Cause Details
State superintendent appointed a receiver and court authorized liquidation of the closed bank.
Newspaper Excerpt
Court orders essential in connection liquidation of the First State Savings bank, Causland. which closed doors month
Source
newspapers
3. December 25, 1930 Other
Newspaper Excerpt
First State Savings bank at McCausland, 25 per cent, $29,331.55.
Source
newspapers

Newspaper Articles (10)
1. June 25, 1930 Quad-City Times Davenport, IA
Article from Quad-City Times, June 25, 1930

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Article Text

RECEIVER TO Court Authority Granted For Liquidating of McCausland Institution. Court orders essential in connection liquidation of the First State Savings bank, Causland. which closed doors month signed day by District Judge Scott the in charge pay due prior liens which the holds an pay taxes and to suits collect outstanding accounts due the institution. The orders. presented by Thue nen Thuenen, for the state superintendent banking empower receiver charge the bank, take what action necessary in protect the bank's interests.

2. October 23, 1930 Quad-City Times Davenport, IA
Article from Quad-City Times, October 23, 1930

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Article Text

BANK RECEIVER FILES A REPORT ON LIQUIDATION Andrew, state superintend banking and receiver in charge the defunct First State Savings bank of McCausland, filed second report the covering of liquidating the institution and including Sept. 30 in the district court today The report, listed assets and liabilities $177. approved by Judge Scott. tarred cordage, the passed heated

3. December 25, 1930 Globe-Gazette Mason City, IA
Article from Globe-Gazette, December 25, 1930

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Article Text

CLOSED PAY DIVIDEND AS CHRISTMAS GIFT Eight of Iowa Institutions Make Final Payments to Depositors. DES MOINES, Dec. 25. (P)Eight closed Iowa banks have paid the final dividend to depositors as a Christmas gift, L. Andrew, state superintendent of banking, reported today. They are as follows: Parnell Savings bank, $12,944.59; Farmers Savings banks at Troy Mills, $4,721.97; Odebolt Savings bank, $11,789.21; Winthrop State bank, $38,789.21; Ringsted State bank, $51,250.22; Farmers Savings bank at Odebolt, $18,874.14; Farmers State bank at Clutier, $19,321.72; Jesup State bank, $28,853.86. Nineteen other closed banks have paid Christmas dividends as follows: Farmers Savings bank at Bernard, 25 per cent, $36,662.48. Farmers and Traders State bank at Bonaparte, 15 per cent, $51,128.49. First State Savings bank at McCausland, 25 per cent, $29,331.55. Peoples Savings bank at Marengo, 5 per cent, $22,512.66. Malcolm Savings bank, 10 per cent, $19,974.14. Des Moines Commercial Savings bank, 5 per cent, $92,514.70. Security State bank at Promise City, 25 per cent, $45,017.87. County Savings bank at Algona, 10 per cent, $137,669.38. United State bank at Des Moines, 5 per cent, $67,165.18. Floris Savings bank, 30 per cent, Peosta Savings bank, 20 per cent, $12,016.99. Farmers Savings bank at Corwith, 25 per cent, $53,442.13. Gravity State bank, 25 per cent, Peoples State bank at Humboldt, 10 per cent, $43,644.67. Anthon tSate bank, 10 per cent, Citizens State bank at Anthon, 10 per cent, $26,743.92. Farmers State bank at Rockwell,

4. March 6, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, March 6, 1931

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Article Text

RECEIVER SUES TO COLLECT PROMISSORY NOTES Andrew, state superintendent and receiver charge the defunct First State Savings McCausland, has filed district Harry Schneckloth alleged owing promissory notes, and for alleged three promissory notes the Thuenen for the bank receiver.

5. March 8, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, March 8, 1931

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Article Text

BOSIER NAMED AS RECEIVER OF M'CAUSLAND BANK Appointment of Charles L. Bosier as acting receiver in charge of the defunct First State Savings bank of McCausland. Ia., to succeed M. Baker, was announced Saturday by L. Andrew, state superintendent of

6. March 11, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, March 11, 1931

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Article Text

BANK RECEIVER SUES TO COLLECT $3,800 ON NOTES Andrew, superintendent banking and receiver charge the defunct First State bank, McCausland, has filed the district court and Itanna Carber and others collect leged series notes. Thuenen Thuenen

7. March 26, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, March 26, 1931

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Article Text

ENTER JUDGMENTS ON NOTES HELD BY M'CAUSLAND BANK L. A. Andrews, state superintendent of banking and receiver in charge of the defunct First State Savings bank of McCausland, has obtained judgments in District Judge W. W. Scott's court against Harry Schneckloth for $2,971.07. and against Curtis and Mary Speer for $746.09 on promissory notes held by the bank. Thuenen & Thuenen are attorneys for the bank receiver.

8. May 24, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, May 24, 1931

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Article Text

BANK RECEIVER BRINGS SUIT TO COLLECT ON NOTE L. Andrew, state dent of banking and receiver charge the First State bank, McCausland, has filed suit district court against George Holst, Henry Boeh, Sheridan, H. Litscher, George Randolph and Henry Moeller for $4,722.87 alleged owing on note signed and endorsed by the Thuenen and Thuenen for the bank receiver.

9. September 10, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, September 10, 1931

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Article Text

BANK RECEIVER FILES REPORT The fifth report of Andrew. state of banking in charge of the funct First State Savings bank, McCausland, which operations ago, has been proved by District Judge Maines. report the payment two dividends in the of 25 per cent each, and includes assets totaling $168,639.54, bills receivable amounting to $71,852.16. Real estate held the institution is valued at $13,757.

10. October 25, 1931 Quad-City Times Davenport, IA
Article from Quad-City Times, October 25, 1931

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Article Text

ENTER JUDGMENT IN DEFUNCT BANK FORECLOSURE SUIT Andrew, state superintendent of banking and receiver charge of the defunct First State Savings McCausland, obtained judgment for and costs foreclosure proceed against and Itanna Carber in District Judge W. Maines' court Saturday The court also awarded the receiver separate judgment for $571.21 and costs against Carver, individually Theunen Thuenen are attorneys the receiver. John Purcell, represented the