Midvale State Bank (Midvale, UT)

Episode Information

Episode UID
97004971585
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
9700497 routing
Routing Number
97-0049
Start Date
January 16, 1932
Location
Midvale, Utah (40.611, -111.900)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
134ee1e3e86d7402

Response Measures

None

Description

OCR errors in Article 1 corrected (judge/examiner names); cause of suspension not specified in articles.

Events (3)
1. January 16, 1932 Suspension
Cause Details
Article states the bank suspended business on this date but gives no specific cause.
Newspaper Excerpt
which suspended business January 16, 1932
Source
newspapers
2. March 29, 1932 Receivership
Newspaper Excerpt
Petition for liquidation of the assets of the defunct Midvale State bank... was filed in Third district court Tuesday by State Bank ... asks that Herbert ... be appointed examiner in charge of the institution and that he be authorized to publish notices to creditors
Source
newspapers
3. September 14, 1934 Other
Newspaper Excerpt
Seeking collection of 100 per cent assessment against 10 stockholders in the closed Midvale State bank. suit was filed yesterday in the Third district court ... filed by John A. Malia, state bank commissioner.
Source
newspapers

Newspaper Articles (2)
1. March 29, 1932 Salt Lake Telegram Salt Lake City, UT

Article Text

TO LIQUIDATE MIDVALE BANK FILED Petition for liquidation of the assets of the defunct Midvale State bank, which suspended business January 16, 1932, was filed in Third district court Tuesday by State Bank Walter Hadlock petition asks that Herbert lor be appointed examiner in charge of the institution and that he be thorized to publish notices to creditors that bank should be filed before May 31, 1932. Dan Shields appeared attorney examiner the signed by Judge William H. Bramel. An of the bank's assets filed with the petition shows that of which are balanced by Mabilities of the same amount, which represents deposits of various kinds.

2. September 14, 1934 Deseret News Salt Lake City, UT

Article Text

State Sues to Get Bank Assessments Seeking collection of 100 per cent assessment against 10 stockholders in the closed Midvale State bank. suit was filed yesterday in the Third district court against Robert E. Dimond, E. L. Burgon, Agnes Booth. Niels Hansen, John A. Larson as executor of the estate of Charles Larson, deceased: Emma M. Barnes, Nan Chipman, John C. Schneller, and D. Todd. Jr. The suit, was filed by John A. Malia, state bank commissioner. who alleges that assessments made against the defendants have not been paid. What Mr. Hoover probably meant to say was "ragged individualism."