Mason City Banking Company (Mason City, NE)

Episode Information

Episode UID
76044971592
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7604497 routing
Routing Number
76-0449
Start Date
August 1, 1932*
Location
Mason City, Nebraska (41.223, -99.300)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fcc048df8aae0fdf

Response Measures

None

Events (2)

1. August 1, 1932* Receivership
Newspaper Excerpt
the first payment to them... paid to depositors of the Mason City Banking company from liquidation of assets in the month of August
Source
newspapers
2. August 1, 1932* Suspension
Cause
Government Action
Cause Details
Bank was a failed state bank placed in liquidation by state authorities; liquidator made partial payment to depositors
Newspaper Excerpt
Depositors of failed state banks in Nebraska received $172,715.61 from liquidation of assets in the month of August... the largest payment was 37.56 percent, or $33,267 paid to depositors of the Mason City Banking company
Source
newspapers

Newspaper Articles (2)

Article Text

MERE MENTION Woltemade Lunch reopen for business Sept. The Journal can sent while away. Phone B3333 Newspaper advertising reaches everyone. Everyone reads newspaper People are looking for winter homes. Put Want Ad Saturday, Sunday and Labor day the three biggest rental days the year. Phone your ad to B3333 Friday fresh red salmon steaks, waste, 19c Old fashioned salt rising bread, 12c loaf. Special ginger bread day, tasty, 13c Delicious doughnuts, 18c doz. Freadrich picnic, for all residents who formerly lived in Iowa will be held Friday at Antelope park. The basket dinwill served Iowans in Lincoln for the state fair are be special guests. bulldog looking about for to break record Thursday upon the yard of Mrs. Rose Nealy, 1619 Presently Mrs. Nealy became of fowls, each valued at Members of Richard Harris post No. 131, will meet Walsh hall Friday for the purpose plans for patriotic day at the fair. Judge Palmer, Omaha, will the club Friday noon at the Lincoln hotel. Petition for probate of the will Anna M. Bennesen was filed in county Her death curred Aug. 24. She tate valued around $8,000. Her will gives her sister, Marie Johnson Lincoln. asked that Marie Johnson be made executrix. Governor Bryan will to Lindsay Thursday to speak night am not "merely speaking to about the peowhich they are interested, and accepting many invitations without interfering with state business. campaigning. Application for lump sum settlement George Thiem and the Abel Construction comfiled in district court. Thiem injured while employed by the construction company Aug 11, 1931 receiving injuries to his face, head, right leg, ankle, hip and thigh. The court asked approve compensation settlefor $468. Week end trips increase the hazards travel, but Travel Accident Policy completely insure against loss limb time up $5,000. Covers from Saturday Sunday midnight for only 25c. only moment to the leading hotels, garages, service and drug stores Lincoln. Woodmen Accident Depositors failed state banks Nebraska from liquidation of assets in the month August, according to summary issued by the trade commerce. The largpayment was percent, paid of the Mason City Banking company the payment them. the Bank of Syracuse received $9,944 which makes 50 percent of their claims. Cadillac and General Motors companies federal court Thursday to enjoin Harry Williams from using the name Cadillae in advertising his automobile station. The petition says Williams agreed not use the name after his contract terminated last March, but was has violated the agreement. This works injury, alleged, to the Lincoln Buick company, which conducts the authorized Cadillac service station, next door which Williams conducts his business. motion for new trial was tendered Thursday at the office of the clerk of the supreme court by Radke, representative chief counsel the department trade and commerce, fiftyconsolidated cases which four recently held the supreme that attorneys Former State Bank Receiver Bliss was entitled to for their labors closing up the receiver's work. The motion was not filed by the clerk of the for reasons that under the rules the court motions for must be within rehearing forty days after decision rendered the court. The time pired Wednesday and mandate has been issued.


Article Text

PAY TO DEPOSITORS. Depositors of failed state banks in Nebraska received $172,715.61 from liquidation of assets in the month of August, according to a summary issued by the department of trade and commerce. The largest payment was 37.56 percent, or $33,267 paid to depositors of the Mason City Banking company being the first payment to them. Depositors of the Bank of Syracuse received $9,944 which makes 50 percent of their claims. NEBRASKA-IOWA PICNIC. A Nebraska-Iowa picnic, for all Nebraska residents who formerly lived in Iowa will be held Friday at Antelope park. The basket dinner will be served at 6:30 p. m. Iowans in Lincoln for the state fair are to be special guests.