Walker Savings Bank (Walker, IA)

Episode Information

Episode UID
72096171530
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
savings
Bank ID
7209617 routing
Routing Number
72-0961
Start Date
June 24, 1927
Location
Walker, Iowa (42.287, -91.781)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4e83bd4182a47f35

Response Measures

None

Description

Bank closed July 15, 1927 after a run weeks earlier and was placed in receivership; later receiver actions appear in 1929.

Events (5)

1. June 24, 1927 Run
Cause Details
Newspaper mentions a run occurred about three weeks before mid-July 1927 but gives no explicit cause.
Newspaper Excerpt
About three weeks ago there was run on the bank but it was thought that the effects of this trouble had been overcome
Source
newspapers
2. July 15, 1927 Receivership
Newspaper Excerpt
J. D. Diehl, examiner, was placed in charge.
Source
newspapers
3. July 15, 1927 Suspension
Cause Details
Directors ordered closing; examiner placed in charge following prior run and continuing trouble.
Newspaper Excerpt
Walker Savings bank failed to open its doors this morning and J. D. Diehl, examiner, was placed in charge. ... The directors ordered the closing.
Source
newspapers
4. March 6, 1929 Other
Newspaper Excerpt
Walker Savs Bank to Walker Trust and Savs. Bank receiver's deed lot 26 blk 6 Walker and personal property in bank on sd des $1.350.
Source
newspapers
5. December 12, 1929 Other
Newspaper Excerpt
L. A. Andrew, state superintendent of banking, has filed suit ... as receiver of the defunct Walker Savings bank to recover $722.24 and interest on promissory note delivered on July 2, 1927.
Source
newspapers

Newspaper Articles (4)

Article from The Gazette, July 15, 1927

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Article Text

Savings Bank At Walker Is Closed (BY LONG DISTANCE PHONE) WALKER. July Walker Savings bank failed to open its doors this morning and J. D. Diehl, examiner, was placed in charge. Arthur Axmear. president and cash ier, that he believed the depositors would not lose but that he did not think the bank would be reorganized. The deposits totaled $170,000 and the institution was capitalized at $20 with surplus. About three weeks ago there was run on the bank but it was thought that the effects of this trouble had been overcome The directors ordered the closing. ONSLOW MAN ILL. Special to The Gazette Republican ONSLOW July Word of the critical illness of O. C. Johnston Mayo hospital in Rochester has been received in Onslow. Mr. Johnston's Onslow. left for Rochester immedi-


Article from Battle Creek Enquirer, July 16, 1927

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Article Text

INFORMATION tection of his three-year-old son. The old palace in Berlin. not hav. Clyde Reese Batchelor, 27. Univering been used as a residence since sity of Alabama alumnus and ex1888, is 80 cluttered with bric-a-brac service man, went to his death in that only three rooms will be availthe electric chair at Montgomery, able for Hermine, ex-Kaiser's wife. Ala., yesterday for the murder of Out of nearly 25,000 bills and resohis father-in-law, Judge Lamar lutions introduced in the 69th conSmith. gress only 998 became laws. So E. C. Fletcher, 73, of Morris, III., many of these are of local char- pioneer and land owner acter that not more than 200 will died last night. will be buried to. affect the nation as whole. morrow. He was the father of Ralph and Bob Fletcher, former To show their appreciation of football stars at the University of American relief work, Persian refugees have sent to this country rug Rev. M. G. Long. pastor, today which contains 10,000,000 knots tied agreed to preach each Sunday in the by hand. Sauktown. Ind., Christian church Seaweed is the ideal food, accord- for weekly compensation of an old ing to the head of the botany depart hen and five dozen eggs. Church ment of the University of Minne- members said they had money. sota. It may be served as a salad, Arthur Light, 11, of Mishawaka. Ind., was killed in a head-on collision stew or soup. between two automobiles yesterday Rice constitutes the principal item Mr. and Mrs. Albert Light, parents in the diet of at least one-third of of the boy, June Light, sister, of this the world's inhabitants. city, and Mrs. Michael Ross, South Old silk stockings and clothing Bend, were seriously injured. can be turned into new silk of While two girls, Bardie Heller and better quality than the original, ac- Lois De Belle, endeavored to extricording to Dr. P. P. von Weimarn cate Abe Speyer from a truck after of the Imperial Research institute it had been hit by a train at Milwaukee yesterday, a fast Milwauat Osaka, Japan. kee train smashed into the truck and The British consul general at Sekilled Speyer. The girls leaped to oul reports that American sewing safety. machines are found in the humblest Four Edgewood, Ia., boys went cottages of the most remote Korean swimming in Bear creek. A goat bevillages. gan to feed on their clothes. They To prevent motor car accidents in gave chase, were arrested and fined Constantinople, dumb persons must for parading in the "altogether." wear red ribbons around their hats, The famous Rainbow Division, in reunion at Des Moines, was "orderdeaf persons yellow ribbons and ed" yesterday by Maj. Gen. Charles blind persons white ribbons. Fearing that the birds would betinue the fight for national prepared. come a menace to crops, Australian ness and against "supineness and officials sent a party of armed men, false doctrines." with orders to shoot to kill, in search The Walker, Ia., Savings bank of several English sparrows reported failed to open its doors yesterday to have escaped from the steamer and J. D. Diehl, examiner, was Lplaced in charge. Bank efficials say


Article from The Gazette, April 5, 1929

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Article Text

REAL ESTATE TRANSFERS William E. Newman and wife to Lucinda Wisehart, Louise White, Bertha A. Kngiht and Maud E. Newland wd wly lots and blk Grubb's add Center Point $1 and val con Grantors reserve life estates in sd property L. A. Andrew. Walker Savs Bank to Walker Trust and Savs. Bank receiver's deed lot 26 blk 6 Walker and personal property in bank on sd des $1.350. 3-6-29 North View Land Co. to John H and Linda M. Schweitzer (husband and wife) as joint tenants and not as tenants in common and to the survivor of either meaning the survivor shall have full absolute title wd lot 134 North View add C R. (subj all and of record) $1 and val con 11-30-28. Pawnee Land and Imp. Co. Inc. to Mary E. Thillen an undiv 1-3 interest and Helen M. Thillen an undiv 2-3 interest wd lot blk Park View add C. R. (subj all covenants, conditions and restrictions of record) $1 and val con 11-30-28. Joseph Nejdl and wife to Edward Prochaska his wife wd lot aud plat 52 C. R. $1 and val con 3-26-29. John H. Brookman to Hatch and Brookman Co. wd 140 300 ft 90 115 23 ne ne sec (subj of record $1 and val con John B. Emery to city of C. R wd 20 535 ft 568 ft se nw and n 40 380 568 ne SW sec for public street $1 and val con 3-28-29. John B. Emery to city of C. R. wd pt nยฝ sec for public street $1 and val con James H. and wife to John B. Emery 568 ft nw and 568 ft ne 3-18-29. C. R. Savs. Bank and Trust Co. to Coe college sp wd lots incl blk R. Imp. Co and pt blk aud plat 47 R. $1 and val con YORK BUTTER NEW Marrent No. TOLEDO SEED MARKET cash new LIBERTY MARKET fourth


Article from The Gazette, December 12, 1929

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Article Text

COURT HOUSE NEWS Walker Bank Receiver Seeks To Recover $722 And Interest On Note L. A. Andrew. state superintendent of banking, has filed suit against Mrs. W. M. Spencer et al. as receiver of the defunct Walker Savings bank to recover $722.24 and interest on promissory note delivered on July 2. 1927. The other defendants are Dr. W. H. Spencer and Mollie Knutz. The U. Hoffman Machinery corporation has asked the district court for writ of replevin on certain machinery sold to Christ Kuskulis, which is now in the latter's The plaintiff company asks for judgment for possession of the property, or judgment for the full value which it says is $350 The Hoffman company also seeks $100 damages for wrongful detention. charging the defendant defaulted in payment and refused to return the machinery.