Tryon State Bank (Tryon, NE)

Episode Information

Episode UID
76089271585
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
7608927 routing
Routing Number
76-0892
Start Date
January 8, 1932
Location
Tryon, Nebraska (41.553, -100.958)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
310bd1c19a1fbcda

Response Measures

None

Events (2)
1. January 8, 1932 Suspension
Cause
Government Action
Cause Details
Placed in hands of a receiver (Mr. Bliss) and taken into custody of state banking department.
Newspaper Excerpt
The Tryon Bank closed its doors Friday, Jan. 8.
Source
newspapers
2. June 1, 1932 Reopening
Newspaper Excerpt
Reopening today of the reorganized Tryon State bank ... The bank suspended January 8, last.
Source
newspapers

Newspaper Articles (15)
1. January 14, 1932 The Tryon Graphic Tryon, NE

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THUN-ER-VILL Mss Lorene Gifford came out Sunday with her friend from Sutherland to visit with her sister, Mrs. Randall Rundback, for a week. Mr. and Mrs. Chas. Christ were visiting at Buster McMullens last Tuesday evening. The Sanders family returned home Tuesday. Mrs. Sander's brother brot them home. Miss Lucy Gilmore went back to North Platte to her school. Miss Wolf, having finished her visit with Miss Sarah Abbott, accompanied her. On Wednesday John Colorosa drove to Sutherland to visit his is confined to a hospital there. John Rundback went over to Max Borland's to help do some butchering. Zero this A. M., Wednesday. Snow about 6 inches deep, but we are lucky as daily papers report 12 in of snow at Omaha. Buster McMullen had the misfortune to break his leg while driving a bull from Chas. Englebrichts to Jens Sealsens. His horse slipped and fell on the frozen ground pinning Buster underneath and breaking his leg. A doctor fro mOgallala was called and first aid admninistered before taking him to the hospital at Ogallala. Wednesday night a thirty mile wind and an inch of snow filled the cuts full. Thursday warmer. Hankins left Thune with his truck at 8 P. M. Wednesday accompanied by Rudolph Keen, they arrived at Keens place 8 miles south at 4 A.M. Thursday. Mr. and Mrs. Geo. Landers started for their home in Paris, Illinois, Thursday morning. They shoveled snow for two hours south of Thune. Mrs. Landers is better known here as Miss Mary Hawkins. Fred Shoeman, Lee Baker and Ed Dailey were at Thune Thursday. They didn't have any car. Hawkins brough out a load of coal Friday for the Wakemans. Bill Carveth, after a two weeks vacation, made his appearance at Thune Friday morning enroute for Paxton for a load of freight. Mr. and Mrs. Frank Korkpatrick and son made a flying trip to Jim Leapers Friday with his Hos-drawn vehicle. Returned Saturday. Jim McClain was telling about trading hair cuts. That a ne wone. But I'de give two bits for one right cheerful rather than sisnter looking. Joe Solomon, the chicken and ee6 Then, instead of the many banners buyer from North Platte. was at Thune Saturday. reading "We want Unemployment Insurance", "De Don't Want Your Jo Mell went through town on his Slop", "Down With Jim Crow", were wa yto Paxton Saturday. Ralph Morgan and Mr. Rowley many American flags. I saw only two banners. One said: "Long Live made a trip to Sarben Saturday. Father Cox (their leader), another Heard the Tryon Bank closed its read "Reverend Cox' Army". They doors Friday, Jan. 8. Who's next. too, had a band, but instead of the Walter Helmer was at Thune SatRussian costumes, and songs of the urday with his meat wagon trying Soviet Union, this band marched beto sell sow beef. hind American flage and played patEd Jennings and family were riotic airs. A fife and rum corps led visiting at Fred Jennings Sunday. another part of the parade. A group A. F. Wakeman was a Sunday of ex-service men in uniform was caller at Ralph Morgan's. Hank Smidt and his brother were drawn up at attention in one place. Another group carried a large Ameriover to Thune Sunday. He came can flag. When the lines closed in from Harry Musels. closely in front of the Capitol, they Ladies, you should see Mrs. Wakefolded It up most crefully. The forman flowers. She has a window full of blossoms. (Please turn to the last page)

2. January 14, 1932 The Tryon Graphic Tryon, NE

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MAKE PLANS TO REORGANIZE BANK Every effort possible is being put forward in a hope that the Tryon State Bank can be reorganized and put back in business. Whether or not it will be possible for re-organize the bank depends a great deal on the attitude of the State Banking Commission and the depositors of the bank. Five men made a trip to Lincoln Monday to confer with the Banking Commission with the hope that some plan could be worked out that would make it possible to reorganize the bank. Whenever a plan is formed the depositors will be asked to help in restoring the bank. We had hoped to be able to give some information in the Graphic today concerning the plan which was to be used in re-opening the bank, but Mr. Bliss, bank receiver, and the four men who accompanied him have not yet returned from Lincoln.

3. January 15, 1932 North Platte Daily Telegraph North Platte, NE

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PLANS TO REORGANIZE TRYON BANK LAUNCHED Every effort is being made to reorganize the Tryon State bank, which closed last week. Mr. Bliss, bank receiver, and four deposit tors of the Tryon bank are now in Lincoln in conference with the state banking commission trying to work out plan for the immediate restoration of the only banking house in the county seat of McPherson county. Under the plan depositors of the bank will assist in the reorganization. MISS HARDENBROOK HOSTES Miss Ona Hardenbrook was hostess to the members of her club Thursday evening in the home of Mrs. E. R. Smith. Bridge at two tables furnished the evening's diversion with Misses Lorena Jergensen and Pearl Palmer winning prizes for high scores.

4. June 1, 1932 Fremont Tribune Fremont, NE

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HALF BANK June million dollars in assets was distributed failed Nebraska banks positors during the month of May, the state department of trade and announced today. Depositors of banks received total in dividends The banks, per cent and amount dividend were follows: cent. Dwight Bank. per cent, $15,879.76; Washington County bank. cent, The Gibbon. Bank 10 Hoskins State bank. 40 per Farmers State Inland State Bank per Laurel, per cent. tinsburg State per The Minatare bank. Nacora. per cent. Farmers State Newman Grove. per cent, Norfolk Savings bank, per 452,31: North Loup State bank, State Bank. per 10 per cent; ton State per Bank 35 cent, Upland Banking Co., Merper chants State Winside, additional claims allowed South Omaha State bank, LINCOLN, braska state bank was for business today and was the hands the placed in for liquidabanking state departtion, reports ment trade and commerce anbank was the The re-opened State Tryon, Neb., Tryon made solvent by The capital stock $10,000 and the surplus officials are Warden. and cashier. dent conThe eventual full payment templates depositors. of its officers and Upon the Firth, was placed in the the state for Deand the $140,000 The officers Ruigh, presiKramer, presiJohn cashier. Richard Hadley the examiner charge.

5. June 1, 1932 Omaha World-Herald Omaha, NE

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Tryon State Bank Reopens Today Lincoln, Neb., June 1 (AP).—Reopening today of the reorganized Tryon State bank of Tryon, McPherson county, was announced by the state department of trade and commerce. The bank suspended January 8, last. Depositors eventually will be paid in full, the department said. L. A. Warden is president, and A. C. Hill, jr., cashier. Sees 75 Pct. Payment. C. J. Southard, one of the attorneys for the receiver of the failed South Omaha State bank, said today that members of the depositors' committee estimated that the bank would pay out 75 to 90 per cent, with strong hopes for 90 per cent.

6. June 1, 1932 Omaha World-Herald Omaha, NE

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Lincoln, Neb., June 1 (AP).—Reopening today of the reorganized Tryon State bank of Tryon, McPherson county, was announced by the state department of trade and commerce. The bank suspended January 8, last. Depositors eventually will be paid in full, the department said. L. A. Warden is president, and A. C. Hill, jr., cashier. Sees 75 Pct. Payment. C. J. Southard, one of the attorneys for the receiver of the failed South Omaha State bank, said today that members of the depositors' committee estimated that the bank would pay out 75 to 90 per cent, with strong hopes for 90 per cent.

7. June 2, 1932 Lincoln Journal Star Lincoln, NE

Article Text

BANK AT TRYON REOPENS Half Million Paid to Depositors of Failed Banks. One bank reorganized, one failed and payment of $517,553.62 in dividends to depositors of failed banks in the month of April were reported by Luikart of the department of trade and commerce. Tryon State bank reorganized, recapitalized and made solvent by stockholders, reopened for business Wednesday. The bank suspended Jan. 8. Capital stock is $10,000. Surplus $2,500. Officers of the new bank are: L. A. Warden, president, and A. C. Hill, jr., cashier. The plan of reorganization contemplates ultimate payment of depositors in full. Upon request of the officers, the department of trade and commerce has taken charge of the Firth

8. June 2, 1932 Lincoln Journal Star Lincoln, NE

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BANK AT TRYON REOPENS Half Million Paid to Depositors of Failed Banks. One bank reorganized, one failed and payment of $517,553.62 in dividends to depositors of failed banks in the month of April were reported by Secretary Luikart of the department of trade and commerce. Tryon State bank reorganized, recapitalized and made solvent by stockholders, reopened for business Wednesday. The bank suspended Jan. 8. Capital stock is $10,000. Surplus $2,500. Officers of the new bank are: L. A. Warden, president, and A. C. Hill, jr., cashier. The plan of reorganization contemplates ultimate payment of depositors in full. Upon request of the officers, the department of trade and commerce has taken charge of the Firth bank, pending reorganization. Examiner Richard Hadley has taken charge. The deposits are about $140,000. Officers are: J. C. Ruigh, president; William Kramer, vice president and John Doeschot, cashier. Payment of $517,553.62 paid in April from assets of failed banks went to depositors of twenty-one banks. The largest payment was 45 percent or $99,679 to depositors of the Merchants State bank of Winside, being a first payment. Depositors of the Brainard State bank received 40 percent or $97,238, also a first payment.

9. June 2, 1932 The Omaha Morning Bee-News Omaha, NE

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REOPEN TRYON STATE BANK LINCOLN. June Reopen ing Wednesday of the reorganized Tryon State bank of Tryon. MePherson announced by the state of trade and The bank sus pended the department said, recapitalized for surplus of $00. Depositors eventually will be paid in full, the department said L. Warden is president and The department also announced the closing of the Firth bank pending reorganiza tion State Richard Had ley charge It had deposits of about Ruigh was president: William Kramer vice president. and John Doeschot department announced dividend payments to depositors 20 failed banks during the month of May totaled The largest was to depositors of the Merchants State bank Winside, which received an initial 45 per cent dividend of

10. June 2, 1932 Omaha World-Herald Omaha, NE

Article Text

Tryon State Bank Reopens Wednesday Lincoln, Neb., June 1 (AP).—Reopening today of the reorganized Tryon State bank of Tryon, McPherson county, was announced by the state department of trade and commerce. The bank suspended January 8, last. Depositors eventually will be paid in full, the department said. L. A. Warden is president, and A. C. Hill, jr., cashier. The department also announced the voluntary closing of the Firth bank of Firth, pending reorganization. It had deposits of about 140 thousand dollars.

11. June 9, 1932 The Schuyler Sun Schuyler, NE

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NINE SCHOOLS IN COUNTY NOW TEACH HIGH SCHOOL State Superintendent Taylor has informed County Vogltance that Schuyler, Howells, Clarkson and Leigh are high schools are also accredited the University of Nebraska, and that Richland, Rogers, Wilson, Fisher and Langley are now giving of high school work, and are exempt from the countywide high school tax for the number of grades of work now being given. Mr. Vogltance also informs The Sun that over 200 pupils have plied for free high school tuition for the next school year. The attorney generals office has ruled that money deposited in postal saving is not subject to state tax. This opinion is held because such deposits are not deposits in the strict sense of the word but money loaned to the United States government. The state banking department has reported the reopening of the Tryon State Bank, which suspended business January During April over $500,000 in dividends were paid to depositors of failed banks in the state. The little city of Emerson enjoys the distinction of being practically in three counties Dixon Thurston. It is credited to Dixon county, its outskirts are in Thurston and Dako- Two dealers in gasoline have lost their licenses during the past week and suit is be filed against them to collect tax on gasoline imported from other states.

12. June 9, 1932 Pawnee Republican Pawnee City, NE

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to choose what method of healing they prefer, if petitions now in circulation carry enough names and are approved by the secretary of state. The petitions must carry the names of 10 per cent of those who voted for governor at the last general election. A recent report shows that Nebraska completed 1,431 miles of improved highway last year. Of this total 280 miles were graded and drained, 890 miles graveled, 49 miles oil graveled, and 222 miles paved. Nebraska's total for the year compares favorably with that of nearby states. Iowa completed 1,060 miles, South Dakota 937 miles, Kansas 1,724, Wyoming 1,450, Colorado 400 and Missouri 3,296. Total gasoline tax collections for May were $793,540, or about $75,000 more than the amount collected during May a year ago. This is a sharp increase over April collections, which totaled $643,000, and March collections of $445,000. Gross gasoline tax collections since the law went into effect in April, 1925, totaled $41,497,000. A savings company, which holds a general insurance agency contract under a Nebraska life insurance company, recently proposed to sell trading stamps to merchants which they in turn would give as a discount to purchasers at their stores. It was proposed to accept these trading stamps as payment or part payment on life insurance premiums. The attorney general was requested to make a ruling on the matter and, after giving it some study, he ruled that the plan could not be worked out, due to the fact that the life insurance policies in effect state that premiums must be paid in cash. The state banking department has reported the re-opening of the Tryon State bank, which suspended business January 8. During April over $500,000 in dividends were paid to depositors of failed banks in the state.

13. June 10, 1932 The Atkinson Graphic Atkinson, NE

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LEGION POST NEWS NOTES By A. G. Miller, Commander Due to an error we failed to thank those who took part in the program at the hall Memorial day. Arrangements have been made for a fitting program at Memorial hall on Flag day June 14 at 8:30 p. m. All ex-service men are urged to attend in a body. This also applies to the Auxiliary. Plan now to attend. There's a Legion meeting tonight and make it your duty to attend. Bring in a new member and let's get our quota in before June 30. All paid up members will get a valuable book, that they will prize very highly, if they are in before July 1. Tell your ex-service friends about this wonderful offer. The different committees on the Fourth of July celebration will be published next week. Plan to celebrate in Atkinson this year. This is not "Tidy's" celebration but everybody's. The state banking department has reported the re-opening of the Tryon State Bank, which suspended business January 8. During April over $500,000 in dividends were paid to depositors of failed banks in the state.

14. June 10, 1932 The Pender Republic Pender, NE

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Miss Earhart's Flight Recently Lady Mary Heath, one of England's most famous fliers, had an article in an American magazine in which she expressed the opinion that no woman would ever fly across the Atlantic alone, and that an attempt to do so would be suicidal. Hardly had the ink dried on the magazine pages when Miss Amelia Earhart flew alone from New Found land to Ireland in 13 hours and 30 minutes, covering the distance of about 1,900 miles thus, proving that Lady Mary was wrong. Miss Earhart's feat has been widely as second only to Lindbergh's New York to Paris flight. She is the only woman ever to cross the Atlantic in an airplane and has done so twice, the first time as passenger with Wilmer Stultz and Louis Gordon in June, 1928. She made the first flight from the Atlantic to the Pacific and back again in an autogiro last year, and has made numer ous altitude and speed records for women. Miss Earhart, who in private life is Mrs. George P. Phtnam, said after making her flight that she only wanted to show that woman could do it, and modestly added: "Outside of demonstrating that woman can fly the Atlantic alone, don't see that I've added anything to aviation, science, or anything The fool-killer was fortunately on the job in Detroit courtroom recently and directed a bullet to its proper mark. A lawyer while arguing a case grabbed pistol and began brandishing to illustrate how the defendant shot his victim. accidentally pulled the trigger, killing himself. Following a custom established 21 years ago, the St. Petersburg (Fla.) Independent gives away its papers on every day on which the sun fails to shine in that city. A recent issue was so given away for the first time in 436 days, the longest period of sunshiny days since the offer was made. In a new movie being made by Jimmie Dunn a realistic fight scene will not shown as originally filmed, because the hero's boxing partner failed to pull a punch. Jimmie was knocked cold and the making of the picture was postponed two weeks to allow him to recuperate. After hearing arguments pro and con, the naval commission of the disarmament conference Geneva has decided that a battleship is an offensive weapon. Solemn conclaves and deep thought by wise men are necessary to settle hard questions. According to the director of a Chicago civic organization, more than 100,000 women sought husbands thru matrimonial bureaus in the United States last year. It is unlikely that any woman with good job had much difficulty in finding mate. One Ohio town ordinance provides as follows: "When two cars come to a crossing both shall stop and neither shall start until the other is gone." If this be carefully observed there will not be many collisions, but there may be some sight traffic congestion. Perhaps there's nothing in a name, but A. Luck of Bridgewell, England, thinks there is. He insured his married daughter against the birth of more than one child, and when she bore twins he collected $5,000. The state banking department has reported the reopening of the Tryon State bank, which suspended business Jan. During April over $500,000 in dividends were paid to depositors of failed banks in the state.

15. June 17, 1932 The Benkelman Post and News-Chronicle Benkelman, NE

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A recent report shows that Nebraska completed 1431 miles of improved highway last year. Of this total 280 miles were graded and drained, 890 miles graveled, 49 miles oil graveled and 222 miles paved. Nebraska's total for the year compares favorably with that of nearby states. Iowa completed 1060 miles, South Dakota 937 miles, Kansas 1724, Wyoming, 1450, Colorado 400 and Missouri 3296. The supreme court went into session again this week to hear applications on twenty-five cases. The Nebraska delegation to the National convention in Chicago will leave Omaha Sunday night, June 12, and will have headpuarters at the Palmer House. The delegations' first meeting will be held for organization in Chicago the following day. The state banking department has reported the reopening of the Tryon State Bank, which suspended business January 8. During April over $500,000 in dividends were paid to depositors of failed banks in the state. Federal and state agricultural authorities say that the commercial apple crop of the southeastern Nebraska will be considerable lower this year due to the lower temperature during the growing season and some tree diseases.