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tional or the Iowa City Savings banks, which closed Wednesday leaving the city without banking faIn the meantime the committee announced that office of the People's Savings bank of Cedar Rapids will be opened Saturday with authorization of the state banking department to cash checks and accept savings and checking deposits.
Receiver Empowered To Approve On Iowa City Savings Andrew, superintendent banking in Iowa. as receiver for the Iowa City Savings bank. ceived general authority Friday morning in an order signed in trict court Hon. Popham, to allow, confirm and approve, from time to time, any and all off-sets held by parties indebted to the ceivership of the bank that are certained by him be correct. further stated that the receiver will have the authority to proper credits upon the indebtedness of the parties.
Bank Receiver Gets Judgment for $513 Judgment in the sum of promissory note awarded receiver the Iowa City Savings bank. against Frank Jiras, and Anna Jiras, in dietrict court Saturday. judg ment was default of the fendants.
BANK RECEIVER PREMIUMS FILES Asks Recover of $48,492 Committee Members Will Due Iowa City Meet Saturday For Savings Decisions Eighteen petitions seeking the recovery of total of promissory notes were filed in district court Wednesday Andrew, receiver for the Iowa City Savings bank. Most of the promissory notes sued upon were made the former Commercial State bank here. and later transferred and assign. to the Iowa City Savings bank. The suits filed, Messer and Nolan, Long and Davie, attorneys for the receiver. The in the actions and the total amounts asked of each. are follows: H. Black, Ernest H. Hall, Roy $275: M. and Harmon. $190; Christy and Addie Coffey and H. Wingert. $300: Emert Jacobs and Mrs. Clara $120: George D. Webb Hughes and Donohue, Ruth Campbell. Williams. $1,250; Joe $200: John Eisenhofer. Frank and Jessie Samuel Hunter. and Charles M. Secrest, $1,250. Premium list for the 1932 son county 4-H club show will be compiled meeting at o'clock Saturday night, July 23rd. at the farm bureau office in the postoffice building The members of the boys' livestock club committees will meet with Mr. Emil Meyer. county boys club and County Agent Lysle Duncan. The boys' club committee. ap pointed by Mr. Meyer and approved Mr. Glen Hope. farm bureau president. are as follows: Baby beef: Emil chairFrank Crow. Yoder. Glen Burr and George Liljedahl. Beef heifer: Fred Stock. chairman: Slemmons Birrer. Dairy heifer: chairman; George Mueller, Fuhrmeister. Purebred pig: R. chairman: John Miller. subchairman: Snider and Harvey Michel. Market pig and litter: R. Williams. chairman: Winborn, sub-chairman; Reeve and Alton Zeller. Sheep: Joseph Miltner chairSchwimley and George Black. The farm bureau officers are the officers of the 4-H club show. and are follows Mr. Glen Hope, president; Mr. Glen Burr, vice president: Robert Spencer, and John Thomas, treasurer.
Andrew Asks Recovery of Loaned Six Notes Six additional suits promissory notes totaling were filed Friday the office of the clerk of the district court receiver the Iowa City Savings bank. Eighteen petitions were filed here The defendants and the amounts recovery asked are follows: Georgia Jones. $482.Cooper. Burns, Lawrence Burns, Roy Bulechek and Frank William and Martha Vondrasek. Sipple and Frank Fairall and Minnie Fairall, $1,148.13. All but one of the promissory were executed the former Commercial State bank here and transferred and assigned the Iowa City bank. The William and Martha Von drasek made the Iowa City State bank. and later transferred to the Iowa City Savings. The petitions filed Mes and attorneys for the ceiver.
Bank Receiver Files Two Petitions Asking Recovery Money Due Two petitions seeking to recover sums money alleged on promissory notes have been filed the office of the clerk of the district court by Andrew. ceiver of the Iowa City Savings bank. Judgment in the sum of $2,322 asked the Hartnell Lang, Fred Hartnell Lang. and William Cash promissory notes executed by Hart. and Lang to William and assigned to the Iowa City Sav. The receiver also asks judgment $248 of the defendant. WH! notes, executed Kirkpatrick, H. Donohue Lewis. trustees. for $98 second for $150 the former Commercial State bank.
F. C. LOANS APPROVED FOR THREE BANKS Expect Funds Will Be Available to Pay Out Cash in January to and Loans to approved Loans to Local Banks The of made to the lowa City banks follows Johnson Savings City Savings and the Citizens and Trust company The R. has approved for for payment of dende in banks early in Janu ary, this fund to be matched by like of the banks liquid as The three other loans made to are Farmers Savings bank Meservey Commer dal State bank of Independence $40,000 and the Farmers Savings With the aid of the R. loans. the disbursement of more than in the form of per cent dividends from the three closed banks will be made early in Jan has been This money. plus the $75,000 dividend of the Farmers Loan and Trust com pany Wednesday will bring the to tal near the half million mark The dividends will represent the third 10 per cent from the Johnson County Savings bank. the second from the Citizens Savings and Trust company and the first 10 per cent disbursement from the lowa City Savings hank Thirteen thousand one depositors will bene fit by the coming dividends from the four local banks Necotiations for the loan from the Finance corpor ation have been carried on by Mr Summerwill for the last five weeks The application was approved at the Des Moines and Chicago offices and then forwarded to Washington for final approval. made Monday what advance of the three other banks in the state loans. in the matter of receiving the monannounced by Asst Atty Gen Earl Wisdom legal adviser to Mr L Andrew superintendent of banking due misunderstand ing The approval of the loans sought from the R. F. C. for the three lows City banks ed in the Johnson county district court before the assets of the banks had been submitted to the R. Court actions approving the loans made to the three other Iowa banks have not yet been started
HOUSE RECEIVES FULL REPORT OF LOANS BY R. C. (Continued From Page One) tion had assets of $1,725,000,000 and a cash balance of $7,927,000. December Loans The December loan authorizations allocations included: $80,193,000 financial institutions and railroads, for the state relief, selfliquidating projects, for facilitating agricultural exports, $11,000,000 secretary agriculture for loans advanced farmers, for capital in agricultural credit corporations and an subscription to home loan bank stocks. The that prevailing low money rates had, in creased its rates one-half per cent. This report that total loans for the month were 738 and applications from financial railroads were 756. In November, 584 loans approved financial institutions and railroads filed 576 applications. Iowa Loans During December Loans authorized during December to banks in this section of Iowa follow: Clinton, City National Bank of Clinton, $111,000. Clinton, Clinton Savings bank, $150,000. Davenport, Union Savings Bank & Trust Co. of Davenport, $5,917,700. Iowa City, Iowa City Savings bank, (receiver) $35,000. Iowa City, Johnson County Savings bank, (receiver) $140,000 Keota, Security State bank, Lone Tree, Lone Tree Savings bank, $14,000. Maquoketa, the First National Bank of Maquoketa, (receiver) West Branch, Citizens Savings bank, $9,000.
DEEDS Furnished County Abstract company and Security Abstract company. Joanna Oakes to William B. Oak QCD Dated 2-23-33. Filed_ 3-2433, SW% SE% of N½ SE% SE% off east side SE% Sec. NW% 10 acres SE% NW% Sec. 9-80-8. Con. Subject to life estate. Florence M. Oakes to William B. Oakes, QCD Dated 2-28-33, Filed N½ SE% acres off east side SE% Sec. North acres of SE% of 9-80-8. Con. $1. William B. Oakes and wife to Joanna Oakes, QCD Dated 2-28-33, Filed 2-24-33, SE% SE% Sec. NE% NE% and North 10 of SE% NEW of 9-80-8. Con. Clara M. Shultz, by sheriff, to A. Andrew, receiver, Iowa City Savings bank, Shf. D. Dated 3-1333, Filed 3-27-33, Lots to inclusive, Block Black's Park Addition, Iowa City, Ia. $5,297.45.
R. F. C. LISTS LOANS TO IOWA INSTITUTIONS The following loans were authorized by the Reconstruction Finance corporation to Iowa institutions during April, the corporation reported today: Amber Savings bank, Amber, $7,000 (X): Lee County Savings bank, Fort Madison, $35,000 (X); Menlo Savings bank, Menlo, $22, 000; Monticello State bank, Monticello, $120,000 (X): Russell State ers Savings bank, Wever $20,000; Dike Savings bank. Dike, reinstated loan for $25,000 previously cancelled; Guaranty Life Insur- ance company of Davenport, $220,000; Burlington Joint Stock Land bank, Burlington, $425,000 (X); Regional Agricultural corporation Sioux City, $4,368,597; loaned Iowa at governor's application for emergency. relief $515,300 (X); loaned Montezuma, $9.700 (X). (X) Not been disbursed up to May 15. Iowa loans authorized but with drawn or cancelled between July 21, 1932 and March 31. 1933: Clinton Savings bank, Clinton (receiver) $105,000; Iowa City Savings bank, Iowa City (receiver). $35,000: Commercial National Iowa loans withdrawn or cancelled in part, with amount cancelled or withdrawn: United States bank, Dyersville, $5,000; Grinnell State bank, Grinnell, $16,039; State National bank, Iowa Falls (receiver), $22,000; Security Savings bank, McCallsburg, $2,600; Cedar Rapids Life Insurance company, Cedar Rapids, $850; Des Moines Joint Stock Land bank, Des Moines, $1,376; Regional Agricultural Credit corporation, Sioux City, $600.
BANK RECEIVER'S WIFE ENDS LIFE BY HANGING IOWA April 23, Mrs. Grover Watson. 46, wife of the cashier of the former Iowa City Savings bank, committed suicide this morning hanging. Her body was found by neigh George Maresh, county coroner, gave ill health as the
NOTICE OF HEARING OF APPLICATION TO CONVEY REAL ESTATE IN THE DISTRICT CAUSE COURT OF IOWA AND FOR JOHNSON COUNTY SEPTEMBER TERM. 1934. D. W. Bates, of BankIng of the State of Iowa, Plaintiff, Iowa City Savings Bank of Iowa City, Iowa, Receivership. To: the depositors and all persons inIn the and assets City, of City Bank Iowa Iowa, row and WHOM MAY YOU ARE HEREBY NOTIFIED, office there now on file in the District Court of the Clerk of the the of D. W. ntendent of the State Iowa, and Receiver said Iowa City Savings Bank of Iowa City, Iowa, asking for an order Court authorizing. ering Diersell and dorff and Annette him to Dierdorff, the folowing real estate situated Iowa City, Johnson County, Iowa, at the of the the & boundary of with CECIL B. DEMILLE'S cast boundary the west half of the Northwest Quarter Section Fourteen running thence north said. east boundary 624.4 feet LEOPATRA to the boundary Sheridan Avenue in Iowa City, Iowa, thence westerly along said of Sherldan Avenue 222.7 feet, thence southerly phrallel to the said east Paramount line of west half the NorthCLAUDETTE COLBERT west Quarter of said Section Fourteen WARREN WILLIAM Six (6) West the 5th to the north of HENRY WILCOXON said R. R. right-of-way about along Ian Keith Joseph Schildkrout right way to the place beginning. all being in the City and cost of 8,000 30 feet of said above