Butler County State Bank (David City, NE)

Episode Information

Episode UID
3205075591580
Episode Type
Suspension β†’ Closure
Bank Type
state
Bank ID
320507559 hash
Start Date
August 17, 1931
Location
David City, Nebraska (41.253, -97.130)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e4eb978ee3367c7c

Response Measures

None

Description

OCR typos corrected (e.g., 'Butter' -> Butler; 'Davis City' -> David City).

Events (3)

1. August 17, 1931 Suspension
Cause
Correspondent
Cause Details
Closed as direct result of recent bank suspensions in Omaha; many small banks had funds on deposit with Union State Bank/South Omaha State Bank which had closed.
Newspaper Excerpt
Six small Nebraska state banks failed to open for business today... the Butler County bank of David City.
Source
newspapers
2. August 22, 1931 Receivership
Newspaper Excerpt
J. C. Wisda, Ord, Butler County State bank of David City: ... assistant receivers named for out-state banks are... Butler County State bank of David City.
Source
newspapers
3. August 12, 1932 Other
Newspaper Excerpt
a 15 per cent dividend of $20,410.16 to depositors in the Butler County State bank of David City
Source
newspapers

Newspaper Articles (13)

Article Text

Nebraska Banks Close Doors Today Lincoln, Neb., Aug. state banks today failed open their doors for and both Charles W. Bryan and E. H. Luikart, secretary of the state of trade and commerce, said the closings were the result of recent bank suspensions The six banks had total deposits $1,180,000. They are the First State bank the Dwight; the Brainerd State bank Brainerd; the Bruno State bank Bruno; the Butter County bank Davis City and the Leigh State bank of Leigh.


Article Text

SOUTH DAKOTA VISITED BY FOWLER McCORMICK Fowler northwest district manager of the International Co. and member noted for harvesting spending few South Dakota survey farm Tuesday and Cogdell local tional his tour They visited Winner and Martin, and then the Black tour take in all sections of the state. NEBRASKA BANKS CLOSE Aug. Nebraska state banks today failed open doors for The the result of cent bank in Omaha, The six banks had total deposits banks are the State bank Pleasant Dale: the Dwight bank Dwight: Brainard bank of Brainard: Bruno State State bank Bruno: the Butler County bank David City, and the Leigh State bank Leigh Two of the fastest motor have been to the Wales. is said to out Prince for racing records.


Article Text

IS ALL WELL? State bank of Dwight the BrainState bank of the Bruno State bank of Bruno the Butler of David City and the Leigh State bank of Leigh Bryan and Luikart said officers of the banks decided to close them so that all would have a greater chance of sharing equally in the banks funds. They said the Leigh State bank had Its funds deposited in the South Omaha State bank which closed last and that the other five had funds on deposit with the Union State bank of Omaha which also closed last week


Article Text

Nebraskans Feel Effect Of Omaha Bank Closing Lincoln, Neb., Aug. 17 Nebraska state banks today failed open their doors for business both the state trade and said the closings the result of bank Omaha. The six banks had total deposits The banks the First State Bank Pleasant Dale: the Dwight State Bank Dwight: the Brainerd State Bank of Brainerd the Bruno State Bank Bruno: the Butler County Bank of David City, and Leigh State Bank of Leigh.


Article Text

Six Small Nebraska Banks Fail to Open Lineoln, Nebr. small Nebraska state banks failed to open for business today. Gov. Charles W. Bryan and E. K. Luikart, secretary of the state department of trade and commerce, said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits of $1,120,000. They were the First State bank of Pleasant Dale: The Dwight State bank of Dwight, The Brainard State bank of Brainard; The Bruno State bank of Bruno; The Butler County bank of David City, and the Leigh State bank of Leigh.


Article Text

Institutions Fail to Open Doors Today Neb., Aug. Nebraska state banks today failed their open doors for busiand Charles W. Bryan and Luikart, secretary the state department trade and said the closwere the recent Omaha. The banks total the First State bank PleasDale: the State bank Dwight; the Brinard State bank Bruno State bank Butler County bank Davis City and the Leigh State bank of Leigh.


Article Text

Six State Banks In Nebraska Close Doors Lincoln, Neb., August 17 banks, estimated $1,120,000 voluntarily their doors today. The closures, to Charles W. who for the State "direct result of the Omaha. Union State Bank of Closed today were the following state banking State Bank, Pleasantdale; State Dwight: BrainBrainard; Bruno State Bank, Butler County Bank, David City; Leigh State Bank,


Article Text

STATE BANKS FAIL WITH UNION Six Small Banks in Bohe. mian Communities Are Closed as Direct Result. Governor Bryan announced that small state banks morning result the closing of the State Bank of Omaha." Horacek the Union State Omaha. The banks closed Monday were: First State bank, Pleasantdale. Dwight State bank, Dwight. Brainard State bank. Brainard. Bruno State bank, Bruno. Butler State bank. David City. State bank Leigh. The that the officers financial structure these banks are follows: State deposits deposits vice president


Article Text

SIX NEBRASKA STATE BANKS FAIL TO OPEN Blamed By Governor On Recent Bank Suspensions Deposits Of Over Million. Neb., Aug. Nebraska state banks today open their doors for business both Gov. Charles Bryan Luikart. secretary the state department trade said the the result recent bank in Omaha The six banks with total deposits are the First State bank Pleasant Dale: the Dwight State bank Dwight; Brinard State Bruno State bank of Bruno; Butler county bank Davis City, and the Leigh State bank Leigh.


Article Text

Six Small Nebraska State Banks Closed Associated Press) Six small Nebraska state banks failed open today Governor Charles Bryan and E. H. Luikart retary of the state department of trade and commerce. said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits approximately 180,000 They the First State bank of PleasDale the Dwight State bank Dwight the Brainard State bank Brainard Bruno State bank Bruno. the Butler County bank of Davis City, and the Leigh State bank of Leigh.


Article Text

HALL RECEIVER OF STATE BANK George E. Hall, Lincoln, former state treasurer, was named assistant receiver of the State Bank of Omaha Saturday by Governor Bryan. Other assistant receivers named for Omaha closed banks are: A. J. Barak, Petersburg, South Omaha State bank; J. E. Haase, Norfolk, Farmers and Merchants bank, Benson; C. A. Lau, Lincoln, state bank examiner, Union State bank. Assistant receivers named for out-state banks are: W. M. Whalen. Lincoln. First State bank of Pleasantdale: L. H. Reff. Bloomfield, Leigh State bank. Leigh: T. J. Brozek. Chadron, Bruno State bank, Bruno, and Brainard State bank at Brainard: J. C. Wisda. Ord, Butler County State bank of David City: E. E. Ruzicka, Schuyler, Dwight State bank of Dwight. The governor said he had ignored scores of requests for political appointments and was naming experienced men as assistant receivers. "In placing these men in charge of the banks named we are transferring them from other receiverships where they have shown utmost efficiency in conserving assets for depositors and winding up affairs of the institutions under their charge,' Bryan said. "The banks relinquished by the men named Saturday have been so organized that they can be handled by other men.' E. H. Luikart, secretary of the department of trade and commerce, is the receiver for all the closed state banks. The assistant receivers will have actual charge of the affairs of the banks.


Article Text

Bank Receivers Named Lincoln, Neb., Aug. 22 LP)-Governor Bryan today announced the appointment of the following assistant receivers for closed state banks outside of Omaha: W. M. Whalen, Lincoln. in charge of First State bank of Pleasant Dale: L. H. Reif, Bloomfield, Leigh State Bank of Leigh: T. Brozek, Chadron, Bruno State Bank of Bruno, and the Brainard State Bank at Brainard: J. C. Wisda of Ord, Butler County State Bank of David City: E. E. Ruzicka, of Schuyler, Dwight State Bank Dwight.


Article Text

Dividend Payments of $53,158 Made Lincoln, Neb., Aug. 12 (AP).β€”The state banking department today announced payment of dividends totaling $53,158.44 to depositors of three failed state banks, from the banks' assets. Depositors of the Bank of Graf got $15,686.07, their first dividend. It represented 30 per cent of the deposits. Other payments were a 15 per cent dividend of $20,410.16 to depositors in the Butler County State bank of David City and a 10 per cent payment amounting to $17,062.21 to depositors of the Bank of Holbrook. The Holbrook depositors now have received 20 per cent of their deposits and the David City depositors, 35 per cent.