Chelsea State Bank and Palace Restaurant, Chelsea, Iowa

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Looking northwest at a one story brick building on the corner holding the Chelsea State Bank and at the other end of the block is the Palace Restaurant. A bridge over Otter Creek can be seen in the background. Chelsea State Bank was formed in 1934 from two banks, Kempf Commercial and Savings Bank and Farmers and Merchants Bank of Chelsea and Paul G. Schaible, Sr. was named Bank President. 1903 postmark.