Farmers Savings Bank (Corwith, IA)

Episode Information

Episode UID
72126371572
Episode Type
Suspension → Closure
Bank Type
savings
Bank ID
7212637 routing
Routing Number
72-1263
Start Date
December 25, 1930
Location
Corwith, Iowa (42.993, -93.957)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
d1196bcdeb4c2967

Response Measures

None

Description

Articles show the bank was closed and in receivership with final dividends paid and a later court decision affirming the receiver.

Events (2)
1. December 25, 1930 Receivership
Newspaper Excerpt
Farmers Savings bank at Corwith, 25 per cent, $53,442.13.
Source
newspapers
2. January 13, 1932 Receivership
Newspaper Excerpt
Corwith Bank Receiver Gets Affirmed Decision in DeGraff Opinion. ... L. A. Andrew, receiver, Farmers Savings bank of Corwith vs. Bankers Life company
Source
newspapers

Newspaper Articles (2)
1. December 25, 1930 Globe-Gazette Mason City, IA
Article from Globe-Gazette, December 25, 1930

Click image to open full size in new tab

Article Text

CLOSED PAY DIVIDEND AS CHRISTMAS GIFT Eight of Iowa Institutions Make Final Payments to Depositors. DES MOINES, Dec. 25. (P)Eight closed Iowa banks have paid the final dividend to depositors as a Christmas gift, L. Andrew, state superintendent of banking, reported today. They are as follows: Parnell Savings bank, $12,944.59; Farmers Savings banks at Troy Mills, $4,721.97; Odebolt Savings bank, $11,789.21; Winthrop State bank, $38,789.21; Ringsted State bank, $51,250.22; Farmers Savings bank at Odebolt, $18,874.14; Farmers State bank at Clutier, $19,321.72; Jesup State bank, $28,853.86. Nineteen other closed banks have paid Christmas dividends as follows: Farmers Savings bank at Bernard, 25 per cent, $36,662.48. Farmers and Traders State bank at Bonaparte, 15 per cent, $51,128.49. First State Savings bank at McCausland, 25 per cent, $29,331.55. Peoples Savings bank at Marengo, 5 per cent, $22,512.66. Malcolm Savings bank, 10 per cent, $19,974.14. Des Moines Commercial Savings bank, 5 per cent, $92,514.70. Security State bank at Promise City, 25 per cent, $45,017.87. County Savings bank at Algona, 10 per cent, $137,669.38. United State bank at Des Moines, 5 per cent, $67,165.18. Floris Savings bank, 30 per cent, Peosta Savings bank, 20 per cent, $12,016.99. Farmers Savings bank at Corwith, 25 per cent, $53,442.13. Gravity State bank, 25 per cent, Peoples State bank at Humboldt, 10 per cent, $43,644.67. Anthon tSate bank, 10 per cent, Citizens State bank at Anthon, 10 per cent, $26,743.92. Farmers State bank at Rockwell,

2. January 13, 1932 Globe-Gazette Mason City, IA

Article Text

SUPREME COURT GIVES DECISIONS Corwith Bank Receiver Gets Affirmed Decision in DeGraff Opinion. DES MOINES. Jan. 13. (/P)-The following opinions today were among those handed down by the Iowa state supreme court L. A. Andrew, receiver. Farmers Savings bank of Corwith vs. Bankers Life company and Mattie Beers. appellant. Hancock county, Judge C. H. Kelley. Judgment given re ceiver on life insurance policy. Af firmed. Opinion by DeGraff M. J. Gibbs, appellant, VS. A. R. Eno et al. Calhoun county, Judge M. E. Hutchison. Refusal of damages against Eno for personal in juries in automobile accident. Affirmed. Opinion by Evans. Central State bank VB. O. P. Herrick, appellant. Polk county, Judge S. Shankland Judgment for rent. Affirmed. Opinion by Kindig. Decision Is Reversed. Jesse Crouse VS. Elizabeth Crouse, appellant. Boone county, Judge S. A. Clock. Decree for heirs in action against deceased's widow for possession of real estate. Reversed Opinion by Wagner. Daniel Crutchley. administrator, vs. Frank Bruce, appellant. Johnson county, Judge R. G. Popham. Verdict for plaintiff in suit for automobile death damages. Reversed. Opinion by Faville. Louis and Anna Humphrey, administrators, et al, appellants VS. Rozella Norwood et al. Benton county, Judge B. O. Tankersley. Decision for defendants in action to obtain money given by deceased. Affirmed. Opinion by Kindig Anna Mennig VS. Helen Mennig Howard et al, appellants. Polk county. Judge John J. Halloran. Decree of partition of real estate Affirmed. Opinion by DeGraff Evans Gives Opinion. J. W. Jensen VS. Moorman Manufacturing Co., appellant. Audubon county, Judge H. Mantz. Verdict for plaintiff for damages in loss of lambs. Reversed. Opinion by Evans Hattle Ball Larson VS. the Ames Church of Christ et al, appellants. Story county, Judge S. A. Clock. Judgment on mortgage. Reversed Opinion by DeGraff. State Northwestern Bell Telephone company. appellant Wayne county. Judge H. H. Carter. Judg ment to require telephone company to make connections with another Reversed. Opinion by Stevens. Lovejoy Gives Opinion. Ann M. Slaughter executrix vs. Columbus Mutual Life Insurance company, Ohio. appellant. Black Hawk county, Judge A. B. Lovejoy Death claim granted under accident insurance policy. Reversed. Opinion by Vina Trepp. Johnson Service Co., and Fred Ukro three actions), appellants VS. Pocahontas Independent School District et al. Pocahontax county. Judge Fred C. Lovrien Court refused recovery on school awards. Affirmed. Opinion by Morling. Dorothy Weymiller VS. Lilliam Weymiller, appellant, et al. Allamakee county, Judge H. E. Taylor. Judgment for alienation of affections. Affirmed. Opinion by MorEdwin Hult. administrator. appellant VS. Home Life Insurance Co., of New York, Polk county, Judge W. G. Bonner. Denial of cancellation of annuity contract. Affirmed. Opinion by Grimm. John Adams and Thomas Jefferson both died on July 4, 1826, the fiftieth anniversary of the Declaration of Independence.