Snyder State Bank (Snyder, NE)

Episode Information

Episode UID
76056371503
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7605637 routing
Routing Number
76-0563
Start Date
March 20, 1925
Location
Snyder, Nebraska (41.704, -96.789)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
dac739d9853324f9

Response Measures

None

Events (3)

1. March 20, 1925 Other
Newspaper Excerpt
has been operated by the guaranty fund commission since March 20, 1925
Source
newspapers
2. January 19, 1928 Other
Newspaper Excerpt
The commission has sold the bank building and fixtures to the Farmers and Merchants bank of Snyder.
Source
newspapers
3. January 19, 1928 Receivership
Newspaper Excerpt
The Snyder state bank of Snyder ... has been placed in the hands of a receiver and depositors will receive an additional 20 per cent.
Source
newspapers

Newspaper Articles (4)

Article from The Shelton Clipper, January 19, 1928

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Article Text

Receiver Appointed For Snyder Bank The Snyder state bank of Snyder which has been operated by the guaranty fund commission since March 20, 1925, has been placed in the hands of a receiver and depositors will receive an additional 20 per cent. During the operation of this bank by the guaranty fund commission the depositors have received 48 percent. Secretary Peterson of the guaranty fund commission states that the bank had deposits amounting to $314,000 when it was turned over to the commission. The deposits now amount to $165,000. The commission has sold the bank building and fixtures to the Farmers and Merchants bank of Snyder. For the bank building and fixtures the commission received $4,500, also $765 for the conservation fund and $15,685 for notes of the face value of $15,000. Depositors will now be paid $33,500 which is an additional 20 percent of their deposits. There are remaining in the hands of the commission assets of the value of $70,000. The ultimate loss the guaranty fund is estimated at $65,000.-State Journal The Scribner State bank, one of the oldest in that section, was taken over by the state banking commission Monday. Rumors concerning the bank's standing had caused a heavy run Friday and Saturday, and its directors voted to turn the institution over to the state. Lyman Sorensen, state bank examiner is in temporary charge.


Article Text

LIGHTNER RETIRES Alone Presides Judge Spear at ATTORNEY'S MOVE FOR CONTINUANCE REFUSED Fremont, July 13 the decide whether Commerce Luikhart entitled take failed from Bliss, ousted receiver, resulted in the of District Judge Louis tirement Lightner from the case and an adAt opening the Beynon for the fication Judge Lightner on the grounds that he had written letter to Governor Charles W. Bryan, interfere in bank promising not Judge Lightner voluntarily from the ing Judge Spear on bench to hear alone. Judge Spear overruled motion Attorney Cook, asking for continuance of the case, Cook saying had just taken the case and did not know all of the points involved. Arthur Mullen, Governor Bryan's attorney, opposed motion, saying that there was noththe and that had died retired and would require great deal of research. Court was adjourned to permit Cook to study and gather data. Bliss that he will oppose the transfer of the long the applications for are and handled the Bliss said, to but await the action of the Bliss had in his fight with the governor that held his receiver through order of the district courts. Banks today Farmers State bank Belgrade; Boone State bank Bradish; Cornlea State bank; Farmers State: Clarks State bank; Dodge State bank; Farmers State bank of Fullerton; Farmers State bank of GeState bank of Bank and Murphy, of Humphrey: Lindsay bank; State bank; First bank of North Citizens and Farmers State bank of Scribner State bank; St. Edward Farmers State and the Snyder State bank, of Snyder. Lincoln, July 13 letter State Bass today, Attorney General said that the shall honor ordwhoever of failed when out the hands of the written folBass' assets failed banks since the brewed Governor Charles Bryan and Clarence Bliss. obligation to honthe Bliss the in Mr. Bliss by any court,' the torney general wrote


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.


Article Text

CAPITAL PARKE KEAYS insurance companies date purchase the property paid in premium taxes company. In the event the state insurance department this consolidations, the year. This an increase $106,grant approval compared with 1933. Each public taxed two percent on company premiums collected less the gross state paid back. bonds, totaling In Nebraska PWA field service there are twenty persons drawing certified to see that salaries ranging from to $5,000 year. This information was bank balances be report sent from this state the Official opening of mavagation the upper Missouri river took place last week when route was cleared Peru to Nebraska large barges, which were built Nebraska City, were launched into the river that point for delivery river contractors. More than four hundred people attended the banquet in Lincoln March 19th in hnor of the seventyfourth anniversary of the birth Jennings Bryan. The banquet, an annual event, always attended by Bryan's admirers parts the Reports from Washington indicate that for the first twenty March tax collections from Nebraskans totaled Collections for the entire United States 281 millions. That the farm the buying power in state advanced points during ruary was shown the monthly eco. report of Professor Filley of the state agricultural college. The report indicates that purchasing was 60 January while February 1t5h was 68.8. Residents Guide Rock have fered sixty acre tract of land to state be developed public and recreation spot. This land located near the Republican Under recent ruling of the state railway commission, all telephone companies were ordered to file plication with that commission before empanies can consolidate, or before or more telephone companies can another of proposed commission will hearings disclose State Treasurer Hall has requested and check $14,000,000, in his He asks that these bonds they with the investment account and that checked. The state banking department ports payment $59,000 to depositfailed banks at Winside, Snyder, Ord and Stromsburg. Beer tax collected by state 10th totals Of August amount has been spent the department of agriculture to pay for collections, supplies and book. keeping, the net tax being turned into the state in accordance with tresaury, the beer law. When Nordness closed the Finance Corporation branch office at Lincoln last week, stated that nearly hundred which members of the banks, are not federal reserve system, had been million dollars which abled them to become solvent. was exclusive RFC loans made to state and national banks in this tem. Nordness stated that fifteen banks probably helped work is to be continued from the office in Omaha. spring planting survey made by Anderson, state and federal statistician, indicates an increased acreage potatoes beans for this year. shows prospective corn, spring wheat and barley to be and 80 cent respectively of last year's per Returns on oats, flax, grain crops. sorghum, tame hay, potatoes and beans vary from 100 to 130 cent. per Anderson more demands and that land values increase.