Toronto Savings Bank - Toronto, IA

Episode Information

Episode UID: 72172571629
Episode Type: Suspension → Closure
Bank Type: savings
Bank ID: 7217257 routing
Routing Number: 72-1725
Start Date: September 17, 1935
Location: Toronto, Iowa (41.905, -90.864)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 2c57815667cdae3b

Response Measures

None

Description

Article reports receiver seeking to pay final dividends, indicating prior closure and permanent receivership.

Events (1)

1. September 17, 1935 Receivership

Newspaper Excerpt: The receiver of the Toronto Savings bank asked permission to pay final dividends of 20.6 per cent amounting to $8,521.
Source: newspapers

Newspaper Articles (1)

1. September 17, 1935 The Daily Times Davenport, IA

Article Text

Toronto, Wheatland Bank Receivers Seek Payment of Dividend CLINTON, Ia., Sept. 17.—(Special)—The receivers of the Farmers Saving bank at Wheatland and the Toronto Savings bank filed applications today in court to pay final dividends. The receiver of the Wheatland bank filed a final report and asked permission to pay a final dividend of 11.2 per cent. This will make a distribution to the depositors of $4,913.94 and combined with previous dividends will make 86 per cent paid, a total of $303,365.65. The receiver of the Toronto Savings bank asked permission to pay final dividends of 20.6 per cent amounting to $8,521. This will make 60.6 per cent of the dividends paid and bring the total amount paid to depositors to $26,471.35. Sept. 24, at 10 a. m. has been the time set for the two hearings for the banks.