September, 1931 - Alva Bank Faces Political Charge
Looking back at the dust bowl and depression era, we found this 1931 news article in the publication, The Oklahoman, dated September 25, 1931, page 1, with headlines that read: "U. S. Political Charge Faced By Alva Bank."
"Information charging the First National Bank of Alva with contributing to a political campaign fund was filed Thursday by Fred A. Wagoner, assistant United States attorney.
"It was the first time the criminal statute regulating campaign contributions of national banking institutions has been prosecuted in the western Oklahoma district, Wagoner said.
"The information alleged the bank contributed $100 to the campaign fund of the present Woods County treasurer, after that official had been elected without pre-election funds.
"Lack of criminal intent on the part of the banks officials was demonstrated when the contribution was charged to expense and the item explained, Wagoner said."
Could someone remind this NW Okie which building housed the First National Bank? Was it the building on the Southwest corner of Flynn and College Avenue? OR ... Was it the building on the Northwest corner of Flynn and College Avenue?
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