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Banked Businesses lk-biz-gazetteer (Polk 1916–17) and Banks; Rand McNally and liquidation records unreached
Two names are the whole of Lakeville's founding-banker record, and this article assembles them with the charter problem they sit inside — and tests the bank-rescuer class against the one reopening the record holds. The names: "UNION BANK (Capital $10,000), J. U. Walter, Pres.; Rollin Steele, Cashr." — Polk's 1916–17 Lakeville entry, read first-hand in the banked pass. Walter the president and Steele the cashier are the founding officers at directory strength: named, titled, and carried nowhere else in any carrier reached. The charter problem stands as the banks file prints it: the town's bank of record is the Lakeville State Bank, organised 31 December 1917 under charter No. 516 in the suspension schedules' form, and whether Polk's Union Bank is that house under another name, a predecessor, or a separate house stands unresolved in the banked conflict — the officers of charter No. 516 itself are named by no carrier reached, the Lane F companion gap in its own article. The rescuer test: the bank suspended on 20 January 1927 and reopened on 27 June 1927, a rescue in fact; no carrier names the chief who carried it through, so no bank-rescuer chief is entered. The residue: the Rand McNally Bankers Directory, 1918–1930, and the Department of Banking liquidation reports, named current — the same settlers as the chiefs gap, one read of which would settle both articles.