Farmers State Bank (Dodge, NE)

Episode Information

Episode UID
76034971598
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
7603497 routing
Routing Number
76-0349
Start Date
February 22, 1933
Location
Dodge, Nebraska (41.721, -96.883)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8062185656a4f235

Response Measures

None

Description

State banking department declared the bank insolvent and bank sought injunction; later planned reopening delayed pending federal deposit insurance approval.

Events (3)
1. February 22, 1933 Suspension
Cause
Government Action
Cause Details
Placed on restricted basis under an emergency banking law at direction of state banking department; department later declared the bank insolvent and sought liquidation.
Newspaper Excerpt
The bank last February 22 chose to come under an emergency banking law which permitted banks to go on a restricted basis with limited withdrawals
Source
newspapers
2. November 25, 1933 Other
Newspaper Excerpt
State banking department officials Friday studied the first attempt of a bank to avoid being declared insolvent under a new banking law. ... The bank asked the injunction and denied it is insolvent.
Source
newspapers
3. May 17, 1934 Reopening
Newspaper Excerpt
Delay Bank Reopening. DODGE, Neb. (AP). The celebration for the reopening of the Farmers State bank, originally set for Saturday, has been postponed because of uncertainty when the bank will reopen. The routine of having the bank approved for federal deposit insurance is causing the delay.
Source
newspapers

Newspaper Articles (2)
1. November 25, 1933 Fremont Tribune Fremont, NE

Article Text

DODGE BANK FILES ACTION IN COURTS District Court Hearing to Be Held LINCOLN, Nov. 25—State banking department officials Friday studied the first attempt of a bank to avoid being declared insolvent under a new banking law. Frank Radke, counsel for the department, was notified the department must show cause in district court at Fremont by December 2 why its declaration of insolvency against the Farmers State bank of Dodge should not be enjoined. The bank asked the injunction and denied it is insolvent. The bank last February 22 chose to come under an emergency banking law which permitted banks to go on a restricted basis with limited withdrawals, on agreement of 85 per cent of their depositors. Radke said in so doing it recognized insolvency. In its petition, however, the bank said this was done only upon demands of the department. The petition alleged that if the department is permitted to liquidate the bank, huge losses will result. 65 HUNTERS TO SEEK ELK STANFORD, MONT., (UP)—In a novel drawing, 65 hunters' names were selected by lot from 617 applicants for permits to hunt elk in the Judith river herd. The state fish and game commission conducted the drawing. It was the first time that permits had been issued by lot for elk hunters. DUCK DIET STUDIED HELENA, MONT., (UP)—Ever wonder what wild duck eat? Mostly vegetables, say United States geological survey workers. Less than one-tenth their total food consists of animal matter, and most of this is made up of mollusks, insects and crustaceans—seldom fish.

2. May 17, 1934 Lincoln Journal Star Lincoln, NE

Article Text

What's the Difference? OMAHA. (AP). Roy L. Flanagan, whose former housekeeper, Mrs. Lucille Flaherty, attempted suicide last week when he "brought home a new bride," said that he had refused a request to resign from the force and would fight charges if filed. "I don't see why a man can't get married without being disciplined," he said. He has been on the force fourteen years. Delay Bank Reopening. DODGE, Neb. (AP). The celebration for the reopening of the Farmers State bank, originally set for Saturday, has been postponed because of uncertainty when the bank will reopen. The routine of having the bank approved for federal deposit insurance is causing the delay. Makes Sunken Garden. CLAY CENTER.—Mrs. L. O. Price has transformed an old basement left by the removal of a house into a sunken garden. With the help of the children of the neighborhood, Mrs. Price built in a little pool filled with gold fish and surrounded with plants. Small trees growing in the hole have been decorated with birds nests which the children have found in other trees after the birds had discarded them. Plants, shrubs, stones and vines cover the walls of the garden, and here and there in cozy places are a little picnic table and a comfortable rustic seat. Stone steps lead down into the garden. Child's Burns Prove Fatal. SCOTTSBLUFF, Neb. (UP). Burns suffered in a kerosene explosion at her home near Minatare last April 23 proved fatal to Socoor Quebedo, 14. Her brother, Manuel, 10, had made an effort to extinguish the flames that enveloped her body at the time of the explosion, but his efforts were not sufficient to prevent the burns which cost her life. Waits on Searchers. COLUMBUS, Neb. (AP). For three hours while relatives and friends sought 5 year old Russell Wayne Smith, son of Mr. and Mrs. Elmer Smith, the boy sat in the garage at his home awaiting the return of his parents from a trip down town. He got separated from them in a crowded store and trudged a mile to his home. A hundred searchers were scouring the town until Russell finally came out of the garage at midnight. Mrs. Sarah Peters Dies. HENDERSON, Neb.—Mrs. Sarah Peters, 55, died Wednesday morning at her home here after a long illness. She was born in South Russia and came to Henderson when 1 year old, residing here since. Surviving are three sons, Herbert, George and Dietrich, and a daughter, Mrs. H. B. Kliewer, all of Henderson.