Dixon State Bank (Dixon, NE)

Episode Information

Episode UID
5069685191537
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
506968519 hash
Start Date
January 1, 1928*
Location
Dixon, Nebraska (42.416, -96.997)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c61a9164a8d25708

Response Measures

None

Description

The bank was in receivership by early 1928; articles focus on dividend payments to depositors of failed institutions.

Events (3)
1. January 1, 1928* Suspension
Cause Details
Bank failed and was placed under the Guarantee Fund Commission; specific trigger not mentioned.
Newspaper Excerpt
the Dixon State bank will also a like dividend the pay on same date... bank has been in Guarantee Fund commission less than sixty days.
Source
newspapers
2. March 5, 1928 Other
Newspaper Excerpt
Dixon State bank will also a like dividend the pay on same date [March 5th].
Source
newspapers
3. July 15, 1931 Receivership
Newspaper Excerpt
Fred S. Berry, Wayne, $14,605: ... Dixon State bank, Dixon; State Bank of Laurel, Laurel
Source
newspapers

Newspaper Articles (3)
1. February 29, 1928 The Laurel Advocate Laurel, NE
Article from The Laurel Advocate, February 29, 1928

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Article Text

$60,000 PAID A DIVIDEND State Bank of Laurel will Pay 25 Per Cent Now START PAYING MONDAY Notice Published in Another Column be Big Help to Community at This Time George J. Boucher, special agent in charge of the State Bank of Laurel, will start paying 25 per cent dividend next Monday, March 5th. The sum will be little more than $60,000. This welcome news was given to us last evening by Mr. Boucher who has been working hard to get the affairs of the bank in shape for this action. It will mean great deal to the community coming at this time and will stimulate spirit of optimism and burevival throughout the whole community. The bank has been in Guarantee Fund commission less than sixty And days. the good news further goes even as we are told that the Dixon State bank will also a like dividend the pay on same date. We do not know just what the total amount of the dividend Dixon will be but will relieve our sister community the same it as does us. Startng Monday morning will you be able to get one fourth of your deposits that were in the bank at the time it was taken There over. are certain rules are regulations that must be with in securing this dividend and advise our readers to turn to the letter from Mr. Boucher which is published in another column and get acquainted with the rules under which the dividend will be paid so that you can co-operate with the bank and get the business transacted quickly that other folks may be waited on. bank will continue to operate future as it has in the past, taking care of deposits. you to leave them in the bank. This is matter of accomodation to the community and the deposits are safe in the Institution according to Mr. Boucher, who explains it in his statement. He is giving the public as much as banking service as he is permitted to under the circumstances. We know this will be the most pleasing piece of news we have been able to give our readers for many day and we rejoice with everyone over the release of this money. It means to everyone and will do world of good at this time when the majors ity of people have settlements to make and obligations to meet.

2. November 1, 1930 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, November 1, 1930

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Article Text

DEPOSITORS REPAID Security Savings Bank Gets Final Payments Bring Total $7,000,000. With the payment of dividends of failed banks during October, the total to depositors since Jan. brought Secretary Bliss of the department and commerce, announced Friday. Among the payments October of percent dividend the defunct Savings Beatrice. With this the full perdividend had paid. the State of Johnstown were paid dividend of the depositors settlefund which set under the new law passed the special legislative session. Dividends banks Nebraska State bank Milford. percent, Dixon State percent, Farmers bank Dalton, Commercial Exchange bank of Doniphan, percent, Merchants bank, Utica, 10 percent, Marion State Marion, Citizens State Ravenna, percent, Dodge State bank, Dodge, 10 percent, Breslau State Breslau, percent, Brownlee State bank Brownlee, percent, percent, Nemaha percent, Loup City State Loup City, perbank, Beemer. percent,

3. July 15, 1931 Osmond Republican Osmond, NE

Article Text

BRYAN LISTS ATTORNEYS The controversy now at its height between Governor Bryan and Bank Receiver Clarence Bliss in which the governor is accused of such interference in the labors of the receiver that the latter attempted removal of his office from the co-operation of the state banking department has prompted Governor Bryan to publish the names of the attorneys who have been employed by the receivers and the amounts paid to them in the past. The Governor recently suggested list of attorneys who should be given preference in receivership cases and as these men were of the gov. ernor's political faith, decided ob jections were voiced by the receiver. Employed heretofore in bank cases according to the list given publicity by Bryan are: B. Hurley, Ponca, $735; Allen State bank, Allen; Citizens State bank, Martinsburg State bank, Martinsburg; Security State bank, Ponca. George B. Hastings, Grant, Allen State bank, Allen, and two others. Kelsey and Kelsey, Norfolk, $5,494; Battle Creek Valley bank, Battle Creek; Pierce State bank, Pierce: Enola State bank, Enola: Magnet State bank, Magnet; Meadow Grove State bank. Fred S. Berry, Wayne, $14,605: Beemer State bank, Beemer; Farmers State bank. Bradish: Farmers State bank, Altoona; Farmers State bank. Crofton; Magnet State bank, Magnet; Dixon State bank, Dixon; State Bank of Laurel, Laurel; Orchard State bank, Orchard: Thurston State bank, Thurston; Security State bank, Wakefield. H. Doyle, Fullerton, bank of Clarks, Clarks: Ottis and Murphy bank, Humphrey; Farmers State bank, St. Edward, and two ers. Shurtleff and Spillman, Norfolk, Breslau State bank, Breslau: James C. Guigley, Valentine, $1,220; Browneee State bank, Brownlee; Ranchers State bank, Cody: Valentine State bank, Valentine; Kilgore State bank, Kilgore; American bank Merriman. Crites and Crites, Chadron, $2,502; Chadron State bank, Chadron; Wayside State bank, Wayside; Farmers bank, Crawford (sale). W. A. Meserve, Creighton, $2,051; Security bank, Creighton; First State bank, Bazille Mills. Dolezal, Mapes and Johnson, Fremont, $4,456.61; Dodge State bank, Dodge; Farmers State bank, Ames; Dodge county bank, Scribner: Snyder State bank, Snyder; Farmers State bank, Genoa. Swarr. May and Royce, Omaha, $13,942.19; Scribner State bank, Scribner; Snyder State bank, Snyder; Brown county bank, Long Pine, and two others. Hammond, $226; Inman State bank, Inman. Sidney Frumm, Dakota City, $2,210; Bank of Dakota county, Jackson; First State bank, Nacora: State bank of Laurel, Laurel; Bank of South Sioux City, South Sioux City. NORFOLK MAN FOUND DEAD City authorities at Norfolk were called the home of Gus Bartholoto mew on Monday to ascertain if possible the cause of death of Hillard Bartholomew; 24 years old, whose body was found in the home garage by his father. From all indications the young man had committed suicide. Examination by the authorities proved that he had taken the car belonging to his father on Sunday evening without the knowledge of his parents and contrary to instructions from them. He had been out late in the evening and overturned the car. It was also learned that he had been drinking. The body of Bartholomew was found lying near the exhaust of the car; all doors to the garage were closed.