Lu Verne State Bank (Lu Verne, IA)

Episode Information

Episode UID
72096971578
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7209697 routing
Routing Number
72-0969
Start Date
June 5, 1931
Location
Lu Verne, Iowa (42.908, -94.074)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8bcb83aab971d9f6

Response Measures

None

Events (5)
1. June 5, 1931 Receivership
Newspaper Excerpt
BANK RECEIVER SELLS FARM NEAR LU VERNE, IA...has been sold ... of the LaVerne ... State bank to Henry ... Weber expects to make it his home after March 1932.
Source
newspapers
2. February 17, 1933 Other
Newspaper Excerpt
LUVERNE FEED MILL SOLD AT AUCTION BY BANK RECEIVER ... The LuVerne Feed Mill was sold at public auction by the receiver the LuVerne State bank last Wednesday.
Source
newspapers
3. November 9, 1933 Other
Newspaper Excerpt
remaining assets the Lu Verne State bank would sold at auction ... actually the receivership got court order permitting it to date for the sale.
Source
newspapers
4. June 29, 1934 Other
Newspaper Excerpt
State Bank in Final Dividend ... the receiver stated that the last dividend will be paid by the late LuVerne State Bank. There have been two approximate ten cent dividends since the bank closed.
Source
newspapers
5. * Suspension
Cause
Government Action
Cause Details
Bank closed and placed in receivership; receiver disposing of assets by 1931.
Newspaper Excerpt
the receiver the LuVerne State bank
Source
newspapers

Newspaper Articles (4)
1. June 5, 1931 The Sioux County Index Hull, IA

Article Text

OPPOSING PIPED-IN GAS advisability of installing natural gas for heating purposes the Iowa School for the Deaf at Council Bluffs was considered by the state board regular meeting education which opened at Iowa State college, Tuesday. Several representatives of the United Mine Workers, various coal companies and other mining and coal interests were given hearing in which they protested against the in of gas. They gave piping ures to show that coal the most Bluffs has increased Council from $4 to apswitching charges $19 thus the cost of coal. ing adjournment Wednesday Before board was to pass the University of the budgets of Yown, Iowa State college and Iowa State Teachers' college. BANK RECEIVER SELLS FARM NEAR LU VERNE, 1A. (Special) The Algona, 240 acres, six farm of miles northeast of LuVerne, has the examiner been sold of the LaVerne R. H. Miller, Weber, of State bank to Henry Mr. at $115 per Irvington make it his home Weber expects to after March 1932. HAWARDEN CIVIL WAR HAS LAST CALL VET 85 Hawarden. years old, long time resident of Stoux county, died Monday. He was Civil and formerly lived war veteran Stoux county farm near Maurice. FIVE PER CENT CUT IN REAL ESTATE city council Des Moines, ordered reduction of Tuesday in the real estate valuaper cent tions Des Moines, representing $116,577 the reduction amount property owners will pay in taxes. This was made in addition to the cent in all local reduction per taxes provided recently onacted Elliott bill, representing total to Des Moines taxpayers of The council's action followed receipt of = letter from the state assessment and review board of to the cut. agreeing DAIRY CALF CLUBS TO BE INSPECTED of the State Dairy Wright secretary association of Waterico. Ia., will be in Crawford county next week and visit the 4-H delry salf clubs. He will be accompanied on the tour by Paul Johnson, county agent. CONVICT SLASHES NEGRO GUARDS WITH Fort Madison, convict. attacked ruf Pelmo, Negro Dan Wedel and Ben Lakin, with at the state razor taken from the prison barber Neither of the guards was Pelmo serving critically sentence on charges with intent to kill.

2. February 17, 1933 The Humboldt Republican Humboldt, IA

Article Text

LUVERNE FEED MILL SOLD AT AUCTION BY BANK RECEIVER February The LuVerne Feed Mill was sold public auction by the receiver the LuVerne State bank last Wednesday. A. Schipull purchased for the sum of one hundred-fifty dollars. Ho hasn't decided at the present time whether he will reopen the mill for business or not. The mill has been closed for several months. E. A. Emkie was the former owner. Elect New Officers. At the meeting of the A. organization the Lutheran church, last Wednesday evening. officers were elected. The meeting held the home Mrs. Fred Wolf. New officers will be George Tiede, Edwin Hanselman, vice president. Mrs. Clara Wolf, secretary and treasurer. Entertained for Mother. Miss Kate Skinner entertained two tables bridge Saturday ternoon honor of her mother. Mrs. Skinner of Algona, who was week end guest with her daughter. High scoro was won by Mrs. Lindebak while travel prize went to Mrs. P. Lichty. Mrs. Dennis Goeders and Mrs. Skinner Algona. were the outof-town guests. Other LuVerne Items. Mr. and Mrs. O. S. Lund entertained about twenty young people at their home Monday evening in honor of their daughter, Dorothy, who celebrated fifteenth birthday. The evening was spent in playing games after which Mrs. Lund served refreshments. W. Scott Hanna, who has been seriously the past month the home his sister Mrs. Ingalls Swisher at Iowa City, has turned home. His nephew Treadwell Robertson of Iowa City, accompanied him home. Mr. and Mrs. Floyd Masterson are the parents of daughter, their first child, born Sunday, Feb. 12th. The Girl Scouts with their leaders, Irene Giesieker and Norma served fifteen cents supper the public Saturday evening at the Community hall. The girls served about seventy people and they cleared about five dollars. The local girls' basketball team played at Algona Friday night with the Algona Academy, losing the game by score of to 12. Norma Partridge ontertained the Entre Nouse bridge club at the country home of Mrs. Lucinda Stone. Bridge was played at three tables and first score was won Bernice Swensen and travel prize by Mrs. Lucinda Stone. Mrs. H. C. Allen was hostess to the Cemetery Association at her home Thursday afternoon. The president and being both absent the secretary appointed Mrs. Peter Thompson president. Due to cold weather there was small the business meeting was omitted. Mrs. John Northrup has gone to Mason City for extended visit at the home of her daughter Mrs. Herbener Miller. district superintendent of the Lutheran days school. was here Thursdaly, Inspecting the local school. Mr. Miller lives at Fort Dodge. Supt. Kate Skinner acted judge declam contest at Rodman Monday evening. The Progressive and Good clubs postponed last week due the severe cold weather. The Presbyterian Ladies Aid met with Jennie Mason Wednesday. Mrs. Wm. Ramus and Mrs. Arthur Kruse were assistant hostesses.

3. November 9, 1933 Kossuth County Advance Algona, IA

Article Text

Beg Your Pardon Mention in last week's Advance that remaining assets the Lu Verne State bank would sold at auction this week Tuesday This was an error resulting the of legal entry at courthouse. What happened Tuesday was that actually the ceivership got court order mitting it to date for the sale.

4. June 29, 1934 The Humboldt Republican Humboldt, IA

Article Text

State Bank in Final Dividend stated that the dividend be paid by the late shortly Bank. The receiver Verne State that the last dividend will four cent. There proximate ten cent divihave been two dends since the bank closed. This will make total of about then per cent the depositors for the cash they deposit.