New Hartford State Bank (New Hartford, IA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
May 11, 1926
Location
New Hartford, Iowa (42.567, -92.622)
Bank Type
state
Routing Number
72-1495

Metadata

Events (2)

1. May 11, 1926 Suspension
Cause
Government Action
Cause Details
State banking department closed the bank after it failed to open; frozen assets blamed.
Newspaper Excerpt
Frozen Assets Close Bank. New Hartford, Ia., May The state banking department today charge the New Hartford State bank, which failed to open this morning.
Source
newspapers
2. January 1, 1927* Receivership
Newspaper Excerpt
New Hartford State, New Hartford, $41,588
Source
newspapers

Newspaper Articles (2)

Article from The Sioux City Journal, May 11, 1926

Click image to open full size in new tab

Article Text

DESTROYS BUSINESS SITES

Eight Neighboring Towns Send Engines to Fight Village Flames.

Breda. May The village Ulmer. six miles northeast of here. suffered loss $20. 000 in fire which originated in an upstairs over Mason's barber shop and soft. drink parlor and caused from lamp exploding. Mrs. Mason had put their baby to sleep and left lamp burning the room. She was attracted shorytime later by cries baby horrified to find the room in flames. difficulty that reached the child carried The was reduced ashes and the the street to the Union tile store which destroyed to gether with its large stock goods. small building adjoining the Ma building ing adjoining the Farmers Union store also destroyed. As the town has no water supply call to the reighboring towns for chemical engines com panies from eight towns responded and helped save number of other buildings. The loss on the Mason building at while the loss the Farmers Union company will be about The loss partly cov. ered by insurance. The equipment and records of the postoffice. which kept in the store, moved to another building.

COUNTY LETS MANY BRIDGE AND ROAD CONTRACTS Ames. May county led the field of Iowa counties in the of bridge and road let tings held during the last half of April. according the state highway commission. The was more than of which $131,765 went bridge and work. $36. 060 allowed for excavation and gravel Bridge and culvert letting was the major activity of the Linn county of ficials awarded to four bidders on the construction of total of 140 culverts and extensions. Contracts also were awarded for the construction two pony bridges. two -beam bridges and two high truss bridges in addition to the necessary approaches.

TOURIST CARAVAN TO VISIT IOWA TOWNS THIS SUMMER

Des Moines. Ia., May change in tour plans of the Mighigan Automobile Tours association, will bring the ninth transcontinental pilgrimage of the association through Iowa of through Minnesota originally planned. to D. secretary of the Custer Battlefield Highway association. The is expected to leave Bat. tle Creek. Mich. August tour lasting Iowa towns visited will be Dubuque or Ames. Fort Dodge, Cherokee. Storm Lake and More than 250 tourists will be in the party.

DEGREE WORK FEATURE FOR STATE K. OF C. MEET

Davenport. May plification of the fourth degree will be the leading of the 25th annual convention of the Knights of Columbus of Iowa, here, May 23 25. The will mark the silver jubilee of the order in the state and the organization of Loras council of Davenport. The will be opened by pontifical high mass by Rev. Edward D. Howard, of Sacred Heart cathedral, here. Several speakers will be asked to provide the banquet program.

Group Six Bankers Meet. Ia., May Two hundred members of group of the Iowa Bankers association. which made up of counties, gath ered here today and listened to ad dresses delivered by L. A. Andrew Des Moines. state of banking: Emil Weebles. Burling ton. president the Russell. of and Frank Warner. Des Moines, secretary of the state Officers elected were: N. Black Minburn, chairman. Hugh G. Little, Prairie City, secretary.

Shoe Dealers to Convene.

Creston, Ia., May officers the Iowa Retail Shoe Dealers association have announced that they will meet convention here some time in August. was announced today by the Chester chamber of com merce. In addition to the officers of the state association, all shoe dealers of southern and southwestern Iowa are expected to attend the convention.

- Frozen Assets Close Bank. New Hartford, Ia., May The state banking department today charge the New Hartford State bank, which failed to open this morn ing. R. Farnsworth cashier of institution. Frozen assets are blamed.

Saves Lad from Drowning.

Cedar Rapids, May Leonard Mayer, cued from in the Cedar river just above the dam here by Joseph Powers, 17.

Sell Lumber Yard.

Alta, la., May The Newell Lumber company. local yard. has been sold to the Fullerton Lumber company, line Bodholdt was president of the lcoal con cern which had been in operation for 15 years.

Pastor Accepts Call. Alta, Ia., May Rev. J. Esperson, pastor of the Danish Bap tist church at Newell, has accepted call to the pastorate of a Baptist church at Harlan, la.

To Mark Park Trees.

Webster City, Ia., May Every tree in three parks here will have tag bearing its common and botanical name, result of plans carried out by the local D. A. R. chapter.

Woman Victim of Lamp Blast.

Council Bluffs. May explosion lamp an fire to the clothing of Mrs. Will Rief, of Crescent. near here, today and it is feared she cannot recover.


Article from The Sioux City Journal, February 3, 1927

Click image to open full size in new tab

Article Text

BANKS PAY MILLION

Depositors Get Big Sum Through Iowa State Department.

(By Des Moines, Feb. in dividends were issued to depositors closed banks during January, the state superintendent of bank. Andrew, announced today. actual amount paid was The dividend paid was $939, 996, the of the MarshallState bank. Two dividends during January were paid the receiver of the Rhodes Savings bank following paid dividends: Farmers Trust and Savings, Charles City, cent, $53,195; Farmers Merchants State, Corydon, final, $30,942; Citizens State Savings, Decatur, De Soto, cent. HazleState, Hazleton, 10 per cent, Hudson Savings, Hudson, 20 per cent, $73,247: Burton and Company State, Kellogg. 10 per cent, $32,099; Farmers Savings, Leland, 15 per cent, $15,316;- Marne Savings, Marne, final, $8,479. Rhodes Savings, Rhodes, No cent, State Bank of 25 per cent. $41,832; Cheer What Cheer, 10 per cent, $11,388: Marshalltown per 20 per cent. Trust Savings, per cent, Farmers Merchants State, Graettinger, 10 $23,861. State Savings, Klemme, 10 per cent. and Merchants Savings, Manly. 15 per cent, $41,211; Manly. per cent, $43,New Hartford State, New Hartford, $41,588; Iowa Savings. Oelwein, 20 per cent, $56,900; Rhodes Savings, Rhodes, No. per cent, $18,425.

150 FARMERS GATHER AT MEET IN SIBLEY 2.-Special: One hundred and fifty persons attended the East and West Holman branches of the Osceola