P. G. Riedesel & Company (Oto, IA)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
September 15, 1929
Location
Oto, Iowa (42.284, -95.893)
Bank Type
trust
Routing Number
72-1511
Canonical name
Farmers Trust & Savings Bank
Alt. names
P. G. Riedesel & Company

Metadata

Notes

Articles indicate the bank is defunct and in receivership; no run is mentioned.

Events (2)

1. September 15, 1929 Receivership
Newspaper Excerpt
A petition to bring suit against the stockholders of the defunct Farmers Trust and Savings bank of Oto has been obtained in district
Source
newspapers
2. October 25, 1929 Receivership
Newspaper Excerpt
Suit for $1,293 has been brought by L. A. Andrew, state superintendent of banking. against George E. Rinker on a promissory note. The note was held by Farmers Trust and Savings bank of Oto.
Source
newspapers

Newspaper Articles (2)

Article from The Sioux City Journal, September 15, 1929

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Article Text

Bank Receiver Will Sue the Stockholders

A petition to bring suit against the stockholders of the defunct Farmers Trust and Savings bank of Oto has been obtained in district


Article from The Sioux City Journal, October 25, 1929

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Article Text

Bank Receiver Files Suit on Promissory Note

Suit for $1,293 has been brought by L. A. Andrew, state superinten dent of banking. against George E. Rinker on a promissory note. The note was held by Farmers Trust and Savings bank of Oto. The suit is in district court.