Meskwaki members go to court to block bank deal
Tama, Iowa (AP) 3-09

Some members of the Meskwaki Tribe are going to court to block the tribe from buying a Marshalltown bank.

Six tribal members filed a request for an injunction in Marshall County District Court to stop the deal with family-run Pinnacle Bank. They want to give more time to a pair of petitions circulating through the tribe calling for a public referendum on whether to buy the bank.

Attorney Darrell Meyer filed the motion, asking the court to delay the bank purchase until a referendum can be held.

Tribal leaders planned to start a new bank about two years ago but turned to Pinnacle Bank when it became available.

William and Marilyn Beohm purchased the bank in 1970 and remain the majority shareholders.