Liberty State Bank - Minneapolis, MN

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 27, 1927
Location: Minneapolis, Minnesota (44.980, -93.264)

Metadata

Model: gpt-5-mini
Short Digest: 5379a5c1

Response Measures

None

Description

Article (The Minneapolis Star, 1927-04-27) reports that Troop, former vice president and cashier of Liberty State Bank of Minneapolis, was arrested in connection with the closing of the bank and is under grand larceny indictment. The piece indicates the bank closed and mentions criminality by officers; no run or reopening is described.

Events (1)

1. April 27, 1927 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Former vice president and cashier arrested and indicted for grand larceny in connection with the bank's closing (embezzlement/employee malfeasance).
Newspaper Excerpt: Troop, former vice president and cashier of the Liberty State bank of Minneapolis, being held in that city today awaiting the arrival of Paul Skahen... Troop is under grand larceny indictment in connection with the closing the bank
Source: newspapers

Newspaper Articles (1)

1. April 27, 1927 The Minneapolis Star Minneapolis, MN

Article from The Minneapolis Star, April 27, 1927

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Article Text

MINNEAPOLIS IN BRIEF The Burr Mortuary and reasonable. Gladstone 1213.Coliseum Roller Rink, St. Paul. Now open and Advertisement Lucky prize dance tonight at Con way's Arcadia. Free parking in our -Ljusne-Bersjo together old time party at So. Side Auditorium, 12th ave. S., 3rd st. Thur. eve., April 28. Coffee and lunch tickets With Daylight Saving Time in Chiengo, the popular train from Minne apolis should the Burlington's new Commercial Limited. leaving here 6.20 p.m., arriving Chicago at 6:55 a.m., Central Standard Time (7:55 a.m. Daylight Time). in time for full business WOMEN ELECT OFFICERS Dr. Nellie Welch represident of the Fourth District Minnesota of Wo. clubs, the annual meeting held in St. Paul. Other officers first vice president: Mrs. Cheney. second vice Mrs. Bernard Andrus, recording secretary Mrs. L. Smith, corre sponding Mrs. Feul ing. county secretary: Mrs. T. D. sell E. VanKirk, member of the state nominating G. 0. P. RALLY THURSDAY The Twelfth Ward Republican club sponsoring rally Thursday night at Iverson hall. 3745 Minnehaha ave nue, at which all Republications are candidates for city offices will an opportunity to speak Cedergren Brothers orchestra will play musical program TROOP AWAITS SKAHEN Following his arrest in Pullman apartment Portland Monday. Jos Troop, former vice president and cashier of the Liberty State bank of Minneapolis, being held in that city today awaiting the arrival of Paul Skahen, assistant county who to bring Troop Troop is under grand larceny in dictment in connection with the closing the bank GRAIN FIRM INCORPORATES The Malmquist company Minneapolis grain commission firm, today filed articles of incorporation with the secretary of state. listing $50,000 capital. The incorporators are Karl D. and Malmquist of Winthrop. Minn Edith Malmquist of Minneapolis, and Peter and Christma Billigmeier of Kulm, LAMBERTON BANK CLOSES Following series of runs on the bank and heavy loss of deposits, the First National bank of Lamberton Minn., today closed by voluntary action of its directors. The bank's total $175,000. with capital of $25,000 and surplus of $5,000 the time of MISSION GROUT MEETS The Minneapolis division of the Women's Foreign Missionary society of the Methodist Episcopal church today was holding its semi-annual conference in Central Park church, St. Paul. The meeting was to close this afternoon after talks by Mrs. H. F. Frank. Chinese missionary, and Miss Alice Bowen, daughter of the president of Nanking university. WOL BAN RIVER ICE The council committee health and hospitals is to recommend the city council Friday an amend ment to the health which would prevent the sale of river ice for any purpose At present the is sold for refrigeration purposes only DR. SMITH TO SPEAK At meeting of the Church club of the of Minnesota at the St. Paul Athletic club Thursday night. Rev Roy Smith pastor of will be the principal speaker COFFEY SPEAKS AT HAMLINE The faculty and student body of Hamline university will be addressed by Dean W. Coffey of University farm at meeting at the university Thursday at 10 a.m. He will discuss "Farming as Profession RECEPTION AT CHURCH class of 37 new members will be by reception and program at the Pilgrim church 705 Fourteenth avenue N., Thursday short will be by the program and refreshments The ceived into the congregation Easter Sunday ROBB ADDRESSES CLUB Alderman Walter C. Robb of the Thirteenth ward will address mem bers of the Commonwealth club at meeting in the West hotel at 12:15 p.m. Thursday, on the subject. "What Minneapolis Needs.' Alderman A. Fruen will speak on the new incinerator plant.