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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Mar 11, 1940
Page
9
Court records show Judge Moffit handling a debt case and creditors pursuing settlement terms for Cedar County State Bank. The proceedings outline bank liquidations, assessments against stockholders, and late 19th to 20th century actions surrounding unpaid notes and settlements involving named officials and the bank’s receivership.
Iowa appraisers report in Cedar County State bank liquidation cites discrepancies over attorney fees and stock assessments. It criticizes appointment of Young Bates as co counsel and warns of conflicts when receivers also hold banking posts.
The state audit report flags $1 752 in attorney fees paid to D W Bates and son Robert T Bates after a law license was obtained in Iowa. It criticizes high cash balances in Iowa City and notes supervisors paid little attention to depositor interests, urging reform and recovery actions across several bank receiverships including Ottumwa Fort Dodge Burlington and Tipton with recommendations to reopen duties and recover interest.
John Kilberger, 31, of Third Venue Snowhe was arrested Saturday after a two car crash. He faced a citation for intoxication and was fined $100 by police court. Witnesses reported heavy damage but no serious injuries reported.
Records show quarterly fee bills totaling 12 thousand dollars paid to Louis Roddewig former state tax commission chairman from July 1 1933 to June 30 1959 during his incumbency. Lehan T Ryan assistant attorney general collected 605 dollars from the Nichols Savings Bank receivership for legal services rendered.
Des Moines AP reports former assistant attorney general Moncas said Nichols bank receivership records show he received no compensation for legal services during or after his tenure. Ryan claims he was hired to take the case to the Supreme Court after leaving office in 1987 and demands a retraction, threatening libel suit if not corrected.
The report states Louis Roddewig of Davenport served as a member of the state tax commission and received 12 543 for duties related to bank reliefs or connections. Details indicate monetary figures and official duties tied to the Davenport area.
Davenport attorney Louis E Roddewig could not be reached for comment on references to counsel fees paid by the Northwest Davenport Savings bank receivership in a state audit report. Sloan Hutchinson, his associate, said Roddewig handled legal services in his office and that all fees were approved by Scott County district court and in line with the banking department fee schedule.
The notice states records are available for inspection at any time but adds that the parties have not consulted them. It emphasizes openness and access to records by those who desire to review them. The language implies a procedural right to inspect in a government or organizational context.
Iowa auditors detail settlements involving Cedar County State Bank receiverships at Tipton. They cite John T. Moffit approving his own debt compromise and describe France’s settlement for unpaid stock assessments and fees from multiple town banks. The Adel State bank matter criticizes court and counsel overstepping banking department roles and ethics in a $140 note settlement by Judge I E W Dingwell.
D W Bates receiver seeks order to compromise settle or sell remaining personal assets of Cedar County State Bank Tipton Iowa including Bills Receivable 11548793 Unpaid Stock Assessments 294760 Other Real Estate 350000 Furniture 13449 Temporary Advances 5728 and Personal Property 20000 to derive proceeds not less than appraised value Appraisers Henry Puck Frank Riedesel and HE Horn appointed Schedule A attachments and hearing set with notice to stockholders and interested parties
LOS ANGELES INS Freed of charges that he killed his second wife in a bid to stage a perfect crime, Dr. George W. Dazey celebrated two years of marriage to his third wife, Covens Timmons Dazey. A four day jury deadlocked before finding he did not place his actress-wife Doris under a car exhaust pipe where she died from gas fumes on October 3, 1935.
Court orders hearing on October 5 1935 at 9 AM in Cedar County Court House Tipton Iowa. Receiver D W Bates seeks consent to compromise settle or sell remaining personal assets of the Cedar County State Bank Tipton noting assets are largely worthless and requesting publication notice in Tipton Conservative for two issues at least seven days before hearing. Filing cites Schedule of assets and asks orderly disposal for best receivership outcome.
M C Hamiel of Tipton the receiver's attorney for Cedar County State Bank says in a sworn Gazette statement that he did not prepare two key orders and that another party or bank staff likely drafted them. He notes discrepancies in the July 3 1937 application and related orders and cites edits to his fee bill showing charges for items he did not authorize.
The order approves a settlement with John T Moffit based on 2000 dollars. Before filing to approve settlements the preparer was asked by Ben S Summerwill to prepare compromise settlement papers for Moffit's indebtedness to the Cedar County State Bank receiver. The preparer declined and advised Summerwill to prepare and obtain the order himself.
Community Players stage The Petrified Forest at 8 and 80 pm in Community Playhouse MCA Coe College Players present Wingless Victory at 8 15 pm at Coe Playhouse seems misprint but noted for local listings
John Kilberger 51 of 222 Third Avenue SW fined 100 dollars and costs for intoxication. Donald Harrison 30 of 853 Second Avenue SE fined 25 dollars and costs for intoxication.
Harold R Orr of Des Moines waived the hearing before the grand jury on a charge of desertion and abandonment of by nnner children. He failed to furnish a $500 bond as required. Justice II Ro Churches ills court handled the matter.
R iE Van Scoter of Kansas City Missouri and Valma Rutherford of Lincoln Nebraska. Albert Rosburg and Virginia Anthony, both of Oakdale. Noel A Rose of Toddville and Elsi Elizabeth Peck of Cedar Rapids.
Clark F Kettering 79 died at his son Clark J Kettering’s home 1129 Ellis boulevard NW at 3 30 am Monday. Floyd Ho Whittemore 30 of 309 Seventh street SE died in a local hospital at 7 45 pm Saturday. Miss Jessie Duncan 70 of 514 First street NW died at University hospital Iowa City at 8 45 pm Sunday.
At 102 am Sunday a short circuit in a car owned by Charles Dauber caused slight damage with alarm still sounding after 10 minutes at Second Avenue and First Street SW. At 704 am Monday a furnace backdraft at Paul Van Horne’s home 1810 Mount Vernon Avenue SE caused small damage lasting 11 minutes with engine companies 4, 6 and hook and ladder responding. At 900 am Monday a roof fire at Ruth Newkirk’s home 604 Fourth Street NW started by chimney sparks caused small damage with 13 minutes’ response by engines 2, 5 and hook and ladder near St Luke’s Hospital. Also listed are several birth announcements: Mr and Mrs John Shores Manchester daughter March 9. Mr and Mrs John Wilson 407 A Avenue NW daughter March 10. Mr and Mrs Oliver Butterfield Center Point daughter March 10. Mr and Mrs Milton Etzel Marion son March 10. Mr and Mrs Edgar Cook 314 First Avenue W daughter March 10. Mercy Hospital birth twin sons March 9 to Mr and Mrs William McEvoy Central City. Mr and Mrs Donald Boots 1526 Thirty-fourth Street NE daughter March 10. Mr and Mrs Maurice Grovert Vinton son March 10. Mr and Mrs Jed Yeager 520 Fourth Street SW son March 11.
Paris reports unprecedented patrol activity on the western front Monday in the region west of the Vosges mountains. Aviation services were quiet with one dogfight between six French and six German planes and no losses reported.
Postal Life & Casualty offers an accident policy for ages 65 to 85 with up to 500 death benefit, 50 monthly disability, 25 monthly hospital care, and other benefits at 1 cent daily. No medical exam, no agent visits, 10 days free inspection, limited time offer.
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