Oxford State Bank (Oxford, IA)

Episode Information

Episode UID
72088071569
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7208807 routing
Routing Number
72-0880
Start Date
September 27, 1930
Location
Oxford, Iowa (41.723, -91.790)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
9a0bf70980c46ec1

Response Measures

None

Description

Receiver was active by 1930 and final reports/hearings appear in 1933; no run reported.

Events (2)

1. September 27, 1930 Receivership
Newspaper Excerpt
L A. Andrews, receiver for the Oxford State bank, has announced the sale next Friday of the 240-acre and 320-acre farms... (Oxford, Ia., Sept. 27.)
Source
newspapers
2. * Suspension
Cause
Government Action
Cause Details
Bank was closed and placed in receivership with examiner and receiver filing reports; closure effected by banking authorities/receivership process.
Newspaper Excerpt
Reports of the the Farmers Savings bank and the Oxford State tank, both of Oxford, have been filed ... since the two banks were closed.
Source
newspapers

Newspaper Articles (3)

Article from Quad-City Times, September 28, 1930

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Article Text

OXFORD FARMS TO BE SOLD BY BANK RECEIVER OCT. 1 Oxford, Ia., Sept. 27.-L A. Andrews, receiver for the Oxford State bank, has announced the sale next Friday of the 240-acre and 320-acre farms, known as the John Schneider farms, seven miles south of here. George Panzek will be the auctioneer. Mrs. Frank Murphy will entertained the Farmers' Family club next Wednesday. Elsie Moscow has been elected chairman of the farm bureau women's unit for the year and other officers were named as follows: Evelyn Doyle, publicity chairman; Mrs. Anna Novak and Evelyn Doyle leaders of the Happy Circle club; Mrs. Libbie Kutcher and Mrs. Mary Shebetka school co-operators; Mrs. Lizzie Klenk and Mrs. Marguerite Flannery, Willing Workers' division: Mrs. Cletus Rohret and Mrs. Emma Wagner, school co-operators; Mrs. Maggie Ward and Mrs. Lillian Edwards, Better Homes club; Marie Louis and Mrs. Velma Immel, school co-operators. M. L. Vernon will conduct poultry demonstration at the Paul Kral farm north of here next Thursday afternoon and a soil erosion demonstration will be conducted at the Clarence Stratton farm, southwest of here, Oct. 14-15. Mrs. Leonard Brock entertained 11 members and a visitor at the Willing Workers' club meeting yesterday. Mrs. Albert Yenter will be hostess at the October meeting.


Article Text

Approves Reports Filed by Bank Receivers Interlocutory final reports three county bank receiverships filed of June 30th when the change state banking tendent effected. approv district court Saturday by Harold Evans The reports. including the Oxford State the Farmers Loan Trust com pany of Iowa City and the Farmers Savings bank Oxford. filed week.


Article Text

REPORT UPON CLOSED BANKS Hearing on Statements Of Oxford Examiner Next Month Reports of the the Farmers Savings bank and the Oxford State tank, both of Oxford. have been filed the office of the district court by D. Bates, ceiver of the and Mr. G Hass, examiner in charge. The Oxford State bank report the 16th and the Farmers Savings bank the 12th report, since the two banks were closed. Both reports are final reports of Mr. Haas examiner. Mr. Haas has resigned his position examther of the receiverships to become cashier the new bank at Oxford. the First Trust and Savings bank. The receiver asks that Mr. Ben Summerwill be designated examiner in charge of the closed banks. Hon. James Gaffney set November as the date of the hearing the Oxford State bank report and November for the hearing the Farmers Savings bank report. The Farmers Savings bank ceivership report lists the follow. ing items receivable, two 20 per cent dividend payments totaling and preferred claims paid. stock assessments, $14,777.42; and net deposit claims. The report for the Oxford State bank lists the ing expenses, two 10 per cent dividends paid, totalpreferred claims $2,931.99: claims deposit and stock assessments, $18,750.