Grand jury special report on Farmers and Merchants Bank closing
The November term grand jury released a special report on the Farmers and Merchants State Bank of Washington Iowa closed by the state banking superintendent. They found no criminal fraud or irregularities and said the bank’s directors and officers bear no criminal responsibility for the closing. The report also states the failed bank’s consolidation with Washington National had no connection to the insolvency.
MENTIONED IN THIS ARTICLE
Washington National
State Bank
Siand
Farmers and Merchants Bank
Washington
Iowa
Insolvency Found in Farmers and Merchant Bank since 1922
Testimony from I A Potwin of Des Moines and state bank examiners shows the Farmers and Merchant bank to have been insolvent at least since December 1922. Officers and directors may not have known of the insolvency, which hinged on notes receivable valuations.
MENTIONED IN THIS ARTICLE
I. A. Potwin
Des Moines
Iowa
Board of Supervisors
Washington County
Ile
State Bank
Farmers and Merchant Bank
Connec
Boy Scouts Banquet Planned for December 11
The Washington Scouts announce a banquet on Thursday evening December 11 at the Commercial club gymnasium. The program includes a model Boy Scout meeting to show parents how sessions are run, plus talks by local men and Scout Executive N W Gowans and Professor Wassam of the State University of Iowa. An in charge meeting tonight will finalize reservations, with tickets likely sold to Boy Scouts. About thirty boys belong to the two local groups, and organizers hope to grow participation as interest grows.
MENTIONED IN THIS ARTICLE
Commercial Club
Washington Scouts
N. W. Gowans
Iowa City
Professor Wassam
State University of Iowa
Wassam
Washington
Bank Consolidation Talks Fail as Iowa Bank Fails
The report says efforts to merge Farmers and Merchants State Bank with Washington National Bank failed after a national bank examiner rejected the consolidation paperwork. It notes the failure did not cause the bank's closing, which became apparent only on the day regulators closed the Farmers and Merchants bank. The investigation credited County Attorney T A Michels and Attorney Realff Otteson of Davenport for assistance.
MENTIONED IN THIS ARTICLE
Farmers and Merchants State Bank
State Bank
T. A. Michels
Realff Otteson
Davenport
Iowa
Washington High Girl Reserves stage Bird's Christmas Carol play
The Wash ington high school Girl Reserves announce an annual entertainment in the form of a play, Bird's Christmas Carol. Dates are not fixed but likely around the sixteenth of the month. Cast includes Carol Bird played by Jeanette Karel and Uncle Jack by Sevilla Boice, with Mrs Hull and Mrs Roberts assisting. The group has funded two prior year carnivals and hopes this production will similarly raise funds.
MENTIONED IN THIS ARTICLE
Washington High School
H. C. Hull
Carl Roberts
Carol Bird
Jeanette Karel
Wahneeta Tucker Butler
Frances Thomas
Ruggles
Clarice Wenzel
Sarah Maude Ruggles
Mary Kerr Peter Ruggles
Josephine Bailey Peoria Ruggles
Mary Roberts
Kitty Ruggles
Katherine Coulter Clemence Ruggles
Isabel Davis Cornelius Ruggles
Baja Boller Larrie Ruggles
Doris Martin
Daniels and Rice Lead New Triatholan Meet at Iowa Field
A December 13 event at Iowa Field features hammer discus and shot put to crown the best all around athlete. Varsity and freshmen divisions determine winners with Paris plaque prizes and varsity medals for top seniors. Coach Tom Martin seeks a strong dual meet lineup and plans for winter conference events. Contenders include Krusulski Hancock Dauber Daniels Rice May for the heavies and freshmen Jessen Nelson McDonald lead the yearlings.
MENTIONED IN THIS ARTICLE
Iowa Field
Paris
Tom Martin
Martin
Krususki
Hancock
Dauber
Daniels
Rice
Jessen
Nelson
McDonald
Grand Jury Clears Bank of Criminal Liability Inves tigation
The grand jury reported no evidence of criminal liability by anyone connected with the Farmers and Merchants State Bank. Judge Hamilton received the special report at 5 20 yesterday and excused the jurors for the term after thanking them for their service. The panel was impaneled in the first week of the term and worked on the bank investigation after a long recess.
MENTIONED IN THIS ARTICLE
Farmers and Merchants State Bank
N. C. Pearson
W. Thompson
E. B. Young
E. Townsley
Wilbert Rose
FE. D. Lewis
J. M. Nicholson
Hamilton
Rawn and Beatty Re appointed by Washington County Board
The Washington County Board of Supervisors re appointed W P Rawn as county engineer and Frank C Beatty as county home superintendent with Mrs Beatty named matron. Rawn’s salary is 3000 dollars yearly with a two week vacation and deductions for federal government work. Beatty receives 110 dollars monthly and Mrs Beatty 90. The board also hired R Welte and H G McBride to operate and repair road making machinery on a year long contract through December 1, 1925.
MENTIONED IN THIS ARTICLE
Washington County Board of Supervisors
W. P. Rawn
Rawn
Frank C. Beatty
Beatty
R. §. Welte
H. G. McBride
Last Day of Journal Cooking School Promises Salads
Tomorrow marks the final session of the Journal cooking school with Misa Edna Sullivan, domestic science lecturer, concluding with a discussion on salads and demonstrations of French dressing and mayonnaise variations. Today’s rainy attendance heard cake making, hailed as highly instructive, as the program continues to attract long distances.
MENTIONED IN THIS ARTICLE
Misa Edna Sullivan
Benn vs Shaver case sent to jury in district court
Judge D W Hamilton ordered the Benn versus Shaver note case to the jury at 2 30 this afternoon after closing arguments yesterday. Plaintiffs Benn and Ainsworth Savings Bank argued the note stood at 1500 dollars claiming it had been increased from 1000 dollars, while defense argued otherwise. This marks the last jury trial of the current district court term, which ends this week.
MENTIONED IN THIS ARTICLE
D. W. Hamilton
Benn
Shaver
Brenneman
District Court
Rainy spell with colder air grips area
Steady rain and showers persisted through the night and today marking the first meaningful precipitation in weeks. Temperatures continue to fall as unseasonable wet weather winds down.
Lords May Transact Business With Three Members
The British House of Lords may conduct certain business when only three members are present, and the quorum may exclude the Lord Chancellor. This note outlines the minimal attendance requirement for decisions.
MENTIONED IN THIS ARTICLE
House of Lords
Program at Junior High Entertainment Friday Evening
Announcement of the Junior high school program to be presented at the high school Friday at 7 45 tickets on sale at Phillips drug store for 25 cents The program includes High School Orchestra Cantata Three Springs sung by Junior High Glee Clubs Story of Three Springs Prologue The Pool The Brook Three Falls Ob ligato Midday on the River The Great Waterfall Finale Nativity Story Annunciation The Nativity The Heavenly Song Grey The Angel Rubenstein Angels appear to Watching Shepherds Adoration of Shepherds and Three Kings The Holy Family Joy to the World Come All Ye Faithful Satire Chorus Director of Music Miss Hay Cos Jumes-Junior High Teachers Ac companyists Miss Barnett Edith Boileau
MENTIONED IN THIS ARTICLE
Phillips Drug Store
McKay
Three Springs
Paul Bliss
Three Falls
Lil High School
Angel—Rubenstein
Hi Life Sale Surpasses Three Hundred Mark at Washington High
The Hi-Life annual fundraising sale for Washington High School has sold over 325 copies with expectations to rise. Staff report strong progress on the annual as photographs and materials accumulate, and every member assumes responsibility to ensure success.
MENTIONED IN THIS ARTICLE
Washington High School
Yardmasters’ Work Hours Limited by Federal Safety Act
The United States circuit court of appeals affirmed nine hour work limits for railroad yardmasters as set by the federal safety act. The ruling upholds District Judge Adam C. Cliffe in the case against the Atchison Topeka and Santa Fe Railway Company.
MENTIONED IN THIS ARTICLE
Chicago
United States Circuit Court of Appeals
Adam C. Cliffe
United States
Atchison, Topeka and Santa Fe Railway Company
Disagreeable Day Touts Washington Butter Free Listing
A fragmentary notice describes a notably disagreeable day and a reference to Washington with a butter free listing, including a telephone number 151 Blue.
MENTIONED IN THIS ARTICLE
Ib. of
Washington
Telephone No
Blue
Also Mentioned on This Page
Thor
OUGH
Driffing Inen
UN District Court of
Sam Turkington
Crawfordsville
Word
Jentry
Texas
Groceri Oe
Pillsbury’s
Macaroni & A. & P
Lenssnstentstteeenensantee
Stan
Alaska
Bae Ven
aCe E
Gona Tau Gturm
SNC Cara Coals
BOY Scouts
Washington National Bank
National Bank
Banking Department
State of
Cord SS
Fords
Dan Ane Bess
Ersize
Brown’s Tire Shop
Rawn and
Evening Journal
Highland Dairy
Inquire Journal Office
Buz
Velie Six
Plymouth Rock
Plymouth Puffets
ROCK
Pathe Phonograph
Frank H. Gray
E. 3Rd St
el Jackson
S. C. Dark R. L. Red Cockerels
W. FF. Leppert
Mutual
W. F. Gardner
Haskins Mutual
R. R
Frank Scranton
R. S. White
Dimension Lumber
Tamworth
Rock Island
Madison Street
Brookhart Bros
Win Smouse. &Att
Green
Miss Hay
Cos Jumes
Ace
Miss Barnett
Edith Boileau
Reval
Esthenia
Palestine
London
George Young
Ben
Stewart Hotel
W.S. Reister & Sons Eggs and’ Poultry
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