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Domestic News March 15, 1932

Henderson Daily Dispatch

Henderson, Vance County, North Carolina

What is this article about?

Five robbers stole $100,000 from the City National Bank in Clinton, Iowa, on March 15, binding 38 employees and customers. The loot was recovered three hours later by farmers John and Arvid Flood on a nearby farm where the bandits changed clothes and abandoned the money during pursuit.

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Full Text

$100,000 LOOT OF BANK RECOVERED

Recovered by Two Farmers Where Five Robbers Changed Clothing

Clinton, Iowa, March 15.—(AP)— One hundred thousand dollars stolen from the City National Bank today by five robbers was recovered on a farm three hours after the hold-up by John and Arvid Flood, farmers.

The bandits are believed to have stopped at the farm, changed their clothes, thrown away their gun and left the money because of hot pursuit.

38 EMPLOYEES, CUSTOMERS LOCKED IN A REAR ROOM

Clinton, Iowa, March 15.—(AP)— After binding 38 employees and customers in a rear room, five men today robbed the City National Bank of an amount estimated at $100,000.

The men met the janitor when he opened a barred rear door to fire the furnace at 6:30 a. m. The janitor was set at work around the office to allay suspicion of passers-by.

One of the gang stationed himself behind a front door, and as each employee entered, he was ordered to hold up his hands. The employees were bound and held in a directors' room.

What sub-type of article is it?

Crime

What keywords are associated?

Bank Robbery Clinton Iowa Loot Recovery Farmers Flood Armed Holdup

What entities or persons were involved?

John Flood Arvid Flood

Where did it happen?

Clinton, Iowa

Domestic News Details

Primary Location

Clinton, Iowa

Event Date

March 15

Key Persons

John Flood Arvid Flood

Outcome

loot of $100,000 recovered three hours later on a farm; 38 employees and customers bound but no injuries reported; robbers fled after changing clothes and discarding gun due to pursuit.

Event Details

Five robbers entered the City National Bank at 6:30 a.m. via the rear door, bound the janitor and set him to work to avoid suspicion, then bound arriving employees and customers in a directors' room before stealing $100,000. The bandits stopped at a farm, changed clothes, discarded a gun, and left the money behind due to hot pursuit; it was found by farmers John and Arvid Flood.

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