First National Bank (Glenvil, NE)

View Charter #13433 on SPMC View balance sheet

Episode Information

Episode UID
1343301605
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
134330 national
Charter Number
13433
Start Date
September 29, 1933
Location
Glenvil, Nebraska (40.504, -98.253)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ff4e6aeb6a7342bb

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1933-09-29
Date receivership terminated
1934-11-03
Share of assets assessed as good
56.2%
Share of assets assessed as doubtful
41.6%
Share of assets assessed as worthless
2.2%

Description

Known receivership date (1933-09-29) used as authoritative; articles (1934) describe liquidation and payment of claims.

Events (3)
1. March 5, 1930 Chartered
Source
historical_nic
2. September 29, 1933 Receivership
Source
historical_nic
3. September 29, 1933 Receivership
Newspaper Excerpt
The receiver of the First National bank of Glenvil, in Clay county, is asking that all claimants call for their money at once as the bank will pay claims in full with interest added for the past year and five months. Joseph Anderson is the bank receiver in charge.
Source
newspapers

Newspaper Articles (5)
1. September 3, 1934 Lincoln Journal Star Lincoln, NE

Article Text

MORE OR LESS The rain ended the drouth not only did that but faces that long again began began more often. There was to living Many had forage late them far along insure benefit the and the short season able vision greater supply stock feed. The ground, better than has crop year ready receive again farmers happy. Fall wheat seeding begin once. Farmmaking their plans year come. The upturn markets given them more money for what they have left all helped and mentally great Many who days look the face. They after the crop year of 1895 the the 1894. History has of itself. So far as this part the state no flood. came short instalments water soaked into ground. drainways hardly showed effect the moisture conserved by the thirsty soil. About two inches water has The making mantle the to have fallen on the state fair. Captain Shively of the police partment, charge traffic enforcement, finds 250 the given during August reported the books. That that 250 people traf fic tags no heed police captain to to the people paid no attention tags. Paying attention story, but being kept now, didn't The kept show who ported and did not. The receiver of the First National Glenvil, Clay county, asking that all claimants call for their money bank will claims full interest added for the and months. This unusual situation following the liquidation of bank that has caused Joseph derson the bank receiver charge. Cass county republicans by reso lution ask that state capitol cleaned out "from the playground the Sower on the Further Cass county would revise the of nomipublic that the present results in the election of Part that charge made the convention system. further to crecy operation of state partments. Sutherland, the oil and dealers Bulletin Sept. "We not going to that violators prosecuted the dozen week. However, can and that the ernment greatly procedure cases for to flow the work the prices, the which prosecution thought Concerning the recent attempt state increase gasoline prices, Sutherland says: effort restore stabilize kets Nebraska largely informal. Future be made with sanction the authorities. recent movement the co-operation proximately percent the bers unhappy permits the work of the vast majority.'

2. September 3, 1934 Lincoln Journal Star Lincoln, NE

Article Text

MORE OR LESS PERSONAL. The rain ended the drouth in Nebraska. It not only did that but faces that had been rather long for months again began to assume their normal shape. People began to smile more often. There was a better tone to living. Many saw new possibilities. Those who had sown forage crops late and had them far enough along to insure benefit from the rain and the short season yet left were able to vision a greater supply of stock feed. The ground, in better condition than it has been since the crop year began, is ready to receive seed again and farmers are happy. Fall wheat seeding will begin at once. Farmers are making their plans for the year to come. The upturn in the markets has given them more money for what they may have left to sell. It all helps. The rain helped materially and mentally and was a great stimulant. Many who were downcast a few days ago can now look the world in the face. They can recall that after the big crop year of 1895 the people forgot about the drouth of 1894. History has a way of repeating itself. So far as this part of the state was concerned there was no flood. The rain came in short instalments and the water soaked into the ground. The drainways hardly showed effect of the downpour. It was moisture conserved by the thirsty soil. About two inches of water has fallen in the recent series of rains. The rain making mantle of the Epworth assembly seems to have fallen on the state fair. Captain Shively of the police department, in charge of traffic law enforcement, finds 250 of the 1,600 tags given out during August unreported on the books. That means that 250 people who received traffic tags paid no heed to a police command. The captain promises now to pay some attention to the people who paid no attention to the tags. Paying no attention to the tags is an old story, but the record has never been kept as it is being kept now, so it was never known who didn't report. The records as now kept show who reported and who did not. The receiver of the First National bank of Glenvil, in Clay county, is asking that all claimants call for their money at once as the bank will pay claims in full with interest added for the past year and five months. This is such an unusual situation following the liquidation of a bank that it has caused some comment. Joseph Anderson is the bank receiver in charge.

3. September 3, 1934 Lincoln Journal Star Lincoln, NE

Article Text

The receiver of the First National bank of Glenvil, in Clay county, is asking that all claimants call for their money at once as the bank will pay claims in full with interest added for the past year and five months. This is such an unusual situation following the liquidation of a bank that it has caused some comment. Joseph Anderson is the bank receiver in charge. Cass county republicans by resolution ask that the state capitol be cleaned out "from the tented playground in the basement to the Sower on top of the tower." Further Cass county republicans would revise the manner of nominating public officers, holding that the present method confuses voters and results in the election of unfit men. Part of that charge was made against the old convention system. The convention further went on record as opposed to secrecy in the operation of state departments. C. W. Sutherland, in the oil and gas dealers Bulletin for Sept. 1, says: "We are not going to say that violators are to be prosecuted by the dozen next week. However, we can and do state that the government has greatly simplified the procedure to be followed in getting cases ready for prosecution. In addition to handling the normal flow of code correspondence and the vast amount of work incident to the move to stabilize prices, the state petroleum committee's office is working on cases upon which prosecution is thought necessary." Concerning the recent attempt in this state to increase gasoline prices, Mr. Sutherland says: "The effort to restore and stabilize markets in Nebraska was largely informal. Future efforts to the same end can and will be made with the full sanction of the authorities. Our recent movement had the wholehearted co-operation of approximately 98 percent of the jobbers in the state. It is an unhappy state of affairs which permits 2 percent of an industry to wreck the work of the vast majority." Remorseful Day. The gaudy, blabby, and remorseful day Is crept into the bosom of the sea. Shakespeare.

4. September 4, 1934 Lincoln Journal Star Lincoln, NE

Article Text

MORE OR LESS The ended the drouth in not that but faces that had been rather long for months again began to assume their normal shape. People began smile There living Many forage crops them along insure benefit from the rain and short yet left were able supply stock ground, in the crop receive their plans The upturn has given them they and great Many look the that after the big the the has of itself. far this state there no flood. came short instalments soaked into the ground. drainways showed effect moisture conserved the thirsty soil. About two inches of water has recent series making mantle the Epworth to have fallen on the fair. Shively the police partment, finds 250 the given out during on the books. That 250 people traftags paid heed to police captain to to the people attention tags. attention tags an but the record kept being didn't report. The ords show ported and who did not. The receiver the First tional bank Glenvil, Clay county, asking that all claimfor their money at once bank claims full interest added for the months. This unusual situation following the liquidation of bank that has caused Joseph derson the bank receiver charge. Cass county republicans by resolution ask state capitol cleaned "from the tented playground the basement to Sower the FurCass county republicans revise the manner nominating public holding that the present confuses and results in the unfit charge against convention system. convention further on record secrecy partments. Sutherland, in the and Bulletin for Sept. not going to violators prosecuted the dozen and do that the ernment cases for to the the of work the move to office on upon which thought Concerning the recent attempt this gasoline prices, Mr. Sutherland restore and stabilize kets Nebraska largely informal. be with sanction authorities. recent movement the wholehearted co-operation proximately of the bers in state. unhappy state affairs which permits percent an industry wreck the work of the

5. September 14, 1934 The Howells Journal Howells, NE

Article Text

The receiver of the First National bank of Glenvil, in Clay county, is asking that all claimantscall for their money at once as the bank will pay claims in full with interest added for the past year and five months. This is such an unusual situation follow. ing the liquidation of a bank that it has caused some comment. Joseph Anderson is the bank receiver in charge.-Lincoln State Journal. They are having a pine cone harvest in the Black Hills forest of 1000 bushels, considered an unusually large yield. The work is being done by the CCC boys after which fhe seed extractory at Custer will be put in operation, The seed is to be shipped to Nebraska to the federal nursery at Halsey. For the benefit of the curious it is stated that a bushel of pine cones make a pound of seed, and that a pound of seed contains about 13,000 seeds. Big newspapers of the midde west have sent writers into the field to find out what the situation is. Both the Kansas City Star, sending writers into Missouri and Kansas, and the Omaha World-Herald, which has investigated Nebraska, have found the same thing-that there is a vast amount of purchasing power on the farms in the form of stored grain and live stock. The farmers' spending money is increasing, too, because produce which he brings to town ev. ery Saturday to sell, such as chickens, eggs and cream, are more valuable in dollarsand cents. Nebraska purchasing power, the part that comes from the farm, will be greater this year than last, the World-Herald has discovered. And at the Kansas State fair implement manufacturers have set up the biggest exhibit in years. That is a very good sign, because they expect to sell their stuff and they know money will be available to pay for it.-Nebraska City News. A. H. Miller of Blair, president of the Nebraska state fair board, indicates that the coming legislature will be asked to appropriate at least $125,000 and perhaps an additional similar amount for maintaining the exposition and paying off its debts. The total paid admissions this year are estimated at about $55,000. Counting up the total receipts and expenses, the board members hope that $10,000 will cover the deficit. Tekamah's new $45,000 federal bridge isbeing dedicated today and observed with a two day celebration. Governer Bryan gave the dedicatory address. Sherman Henrickson of near Eagle, king of the cornhuskers who won the championship at the national cornhusking contest at West Point last fall, is seeking for cornfields to afford him opportunity to practice and get himself in shape for the 1935 national contest. It is thought that the state contest may be held November 1 or 2 in a field selected in the Elkhorn or Platte river valleys in eastern Nebraska or in some irrigated field further west. The national contest will be somewhere in Minnesota November 8 or 9. The Nebraskan's record that won him the championship was 27.62 bushels of corn net husked in 80 minutes.