Farmers State Bank (Hemingford, NE)

Episode Information

Episode UID
76121771568
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7612177 routing
Routing Number
76-1217
Start Date
August 29, 1930
Location
Hemingford, Nebraska (42.322, -103.073)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5ff3aaa06d0beb33

Response Measures

None

Description

Multiple articles show the bank placed in receivership and later turned over for liquidation; OCR errors present in some clippings.

Events (6)
1. August 29, 1930 Receivership
Newspaper Excerpt
Receiver Appointed For Hemingford Bank E. H. Luikart... was appointed Receiver of the Farmers State Bank of Hemingford... filed his bond and oath qualifying him to enter upon his duties in that office.
Source
newspapers
2. December 9, 1930 Other
Newspaper Excerpt
Now Without Hemingford Bank; Last One Closed Doors Tuesday Continued withdrawals by depositors caused too strong the however, and it Impossible open the doors for business Tuesday.
Source
newspapers
3. October 13, 1931 Suspension
Cause
Voluntary Liquidation
Cause Details
Officers suspended business and voluntarily turned the bank over to the state department for liquidation.
Newspaper Excerpt
Hemingford Failure HEMINGFORD, Neb., Oct. 13 (P)-Officers of the Farmers' State bank here suspended business today and turned the institution over to the state department of trade and commerce for liquidation.
Source
newspapers
4. February 5, 1932 Other
Newspaper Excerpt
Classification of claims of depositors of the defunct Harrison State Bank at Harrison and the Farmers State Bank at Hemingford came before the district court here today.
Source
newspapers
5. May 4, 1933 Other
Newspaper Excerpt
Carl Spacht relieved C. A. Brown as bank receiver of the Farmers State Bank Monday.
Source
newspapers
6. November 1, 1934 Other
Newspaper Excerpt
order in an of 10 percent the payment ing to the depositors in dividend cash Farmers State Bank of defunct the which closed October ... a 10 percent dividend to depositors.
Source
newspapers

Newspaper Articles (11)
1. August 29, 1930 The Poultney Journal Poultney, VT
Article from The Poultney Journal, August 29, 1930

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Article Text

Receiver Appointed For Hemingford Bank E. H. Luikart. secretary of the department of trade and commerce of the State of Nebraska, was appointed Receiver of the Farmers State Bank of Hemingford by District Judge E. L. Meyer and Tuesday filed his bond and oath qualifying him to enter upon his duties in that office. Luikart's bond is in the sum of $25,000 and has been approved by the court. F. C. Radke, attorney for the department of commerce at Lincoln, filed the bond and oath for Luikart with the district court here. Proceedings for the appointment of a receiver were instituted ere October 24th. The capital stock of the bank was $30,000 and the bond was fixed in accordance with the amount of assets listed in the receivership. A quieting title action was filed in district court yesterday by Frank J. Krejci against Meri Krejci. et al., on land in Box Butte county. Boyd and Metz are handling the case for the plaintiff.

2. December 11, 1930 The Roanoke Times Roanoke, VA
Article from The Roanoke Times, December 11, 1930

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Article Text

FARMERS Now Without Hemingford Bank; Last One Closed Doors Tuesday After the holiday Monday, the FarHeminford failed mers State Bank at its doors Tuesday morning, open and for the first time in many years without bank. Hemigford city at one time supported insitutions. Decreased deposits ing and general business depression over this of the country is given the bank Deas the cause of during the past few months posits are said to have decreased from $200.to $100,000. Representatives of the three AIMbanks met Sunday and Monday ance an effort to save the Institution. Continued withdrawals by depositors caused too strong the however, and it "Impossible open the doors for business Tuesday. 70 liquidation had been per cent affected by the officers recently and expected that when receiver appointed the bank will pay tack good At this season of the year grain and sales usually bring in large deposits but due to the low prices for farm products this year very little has come in. The bank also money Tost through crop failures money tained by farmers this The present officers of the defunct Ellis, and Urbaney sky, cashier. Thee men purchased the bank from Clyde D. Ray and Uhrig who took over the assets of the institution after the closing of the First State Bank here. The Farmers State Bank at Hemingford was time operated in connection with local bank. are being made for appointment Receiver the Department of Trade and Commerce at Lincoln when further liquidation of the assets will be made.

3. December 12, 1930 Bristol Herald Bristol, VT
Article from Bristol Herald, December 12, 1930

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Article Text

FARMERS Now Without Hemingford Bank; Last One Closed Doors Tuesday After the holiday Monday, the FarHeminford failed mers State Bank at its doors Tuesday morning, open and for the first time in many years without bank. Hemigford city at one time supported insitutions. Decreased deposits ing and general business depression over this of the country is given the bank Deas the cause of during the past few months posits are said to have decreased from $200.to $100,000. Representatives of the three AIMbanks met Sunday and Monday ance an effort to save the Institution. Continued withdrawals by depositors caused too strong the however, and it "Impossible open the doors for business Tuesday. 70 liquidation had been per cent affected by the officers recently and expected that when receiver appointed the bank will pay tack good At this season of the year grain and sales usually bring in large deposits but due to the low prices for farm products this year very little has come in. The bank also money Tost through crop failures money tained by farmers this The present officers of the defunct Ellis, and Urbaney sky, cashier. Thee men purchased the bank from Clyde D. Ray and Uhrig who took over the assets of the institution after the closing of the First State Bank here. The Farmers State Bank at Hemingford was time operated in connection with local bank. are being made for appointment Receiver the Department of Trade and Commerce at Lincoln when further liquidation of the assets will be made.

4. December 12, 1930 The Roanoke Times Roanoke, VA
Article from The Roanoke Times, December 12, 1930

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Article Text

Receiver Appointed For Hemingford Bank E. H. Luikart. secretary of the department of trade and commerce of the State of Nebraska, was appointed Receiver of the Farmers State Bank of Hemingford by District Judge E. L. Meyer and Tuesday filed his bond and oath qualifying him to enter upon his duties in that office. Luikart's bond is in the sum of $25,000 and has been approved by the court. F. C. Radke, attorney for the department of commerce at Lincoln, filed the bond and oath for Luikart with the district court here. Proceedings for the appointment of a receiver were instituted ere October 24th. The capital stock of the bank was $30,000 and the bond was fixed in accordance with the amount of assets listed in the receivership. A quieting title action was filed in district court yesterday by Frank J. Krejci against Meri Krejci. et al., on land in Box Butte county. Boyd and Metz are handling the case for the plaintiff.

5. October 13, 1931 Beatrice Daily Sun Beatrice, NE

Article Text

FOUR STATE BANKS SUSPEND SPRINGFIELD. Neb., Oct. 13 Upon the voluntary action its officers. the American state bank here was turned over today to the state department of trade and for liquidation. J. F. McLain ,examiner, was placed in charge. Deposits were about $190,000. At Holstein HOLSTEIN, Neb., Oct. 13 (P)The First State bank of Holstein was turned over to the state department of trade and commerce today for liquidation. Capital stock was $25,000; surplus $2,500, and deposits about $90,000. Close At Orleans ORLEANS, Neb., Oct. 13 (P)The State bank of Orleans was closed today for liquidation. C. H. Wear was president: M. E. Wear, cashier. The bank was capitalized for $25,000; had surplus of $5,000, and deposits of about $160,000. Hemingford Failure HEMINGFORD, Neb., Oct. 13 LP)-Officers of the Farmers' State bank here suspended business today and turned the institution over to the state department of trade and commerce for liquidation Caapital stock was $30,000 surplus $2,500. and deposits, $200,000.

6. October 16, 1931 The Alliance Times-Herald Alliance, NE

Article Text

Business On Monday the Farmers State Bank at Hemingford closed and on Tuesday the three Alliance banks witnessed substantial increase in This deposits. sensible and splendid attitude on the part of the people of Box Butte not that Alliance banks anxious profit by the misfortune of the bank: Not at all. that bank and the of will be increasingly as time apparent But the confidence deposits in the Alliance banks that the people of this vicinity have brains and capable using them. The three Alliance banks are in excellent condition. money from such and hiding away private places, in curities, and using the postal can classed your nose to spite your Money in the banks supplies the motive power that keeps business moving in the city and on the farms. there tendency withdraw money and hide away. you are contributing to your employment without money the business and farmers can't carry Business has started definitely on the long trek back Prices butterfat, eggs and poultry are higher than they were year ago, and some the surpluses in other things been reduced, these prices will climb. No can forever. They all end some time. Business come back with blare trumpets parade, will back gradually and fast people Alliance has always enjoyed prosperous business. Real estate values have steady for more than years. The city is founded on substantial footIt will continue just long the people follow and attitude their home town. Just simple word expresses the formula for continued Without this town With no town can lose. But individual attribute and not some- Over 50 Planes And thing that be bought in sack. These show lack of confi- An Autogiro To dence and the part of the Here your your and the value you When Airplanes galore. Small, large and somebody comes up with that best the and varied types of the interests of Alliancecraft will be Alliand and ask him what he means. October 25 for the Take issue with him do in no uncertain terms. Air Tour being made You wouldn't let anybody get with whispering the state. The flock planes campaign against your family your like huge don't let them away with one against your town of birds will reach Alliyour investment here. ance and remain for These days courage, not for cowardice. the rest the day. Stand and fight for your town as would for Among the aerial fleet which will your home. the future the town depends the contain planes future your investment. want one the autogiros which take chiseled away little time propaganda that and land you know false, but that will do more harm than Alliance Chappell Hay Springs other thing that be done just now. only stops the tour You don't have to grinning Pollyanna, nor hypocrite man with confidence The air show starts from Omaha town. But you do have exhibit little first stop Burwell next and will your Then do

7. February 5, 1932 The Alliance Times-Herald Alliance, NE

Article Text

CLASSIFICATION OF BANK CLAIMS HELD Receiver Presents Claims of Harrison and Hemingford Banks Classification of claims of depositors of the defunct Harrison State Bank at Harrison and the Farmers State Bank at Hemingford came before the district court here today. C. E. Brown, bank receiver, represented the department of trade and commerce at Lincoln.

8. February 5, 1932 The Alliance Times-Herald Alliance, NE

Article Text

Classification of claims of depositors of the defunct Harrison State Bank at Harrison and the Farmers State Bank at Hemingford came before the district court here today. C. E. Brown, bank receiver, represented the department of trade and commerce at Lincoln. Objectors to changes in classification from preferred claims to general ones have 30 days in which to file petitions of intervention. Following this the banking department has 30 days in which to answer. Hearings on the petitions will be held on April 11 or as soon as possible thereafter for the Hemingford bank and on April 18 or as soon as possible thereafter for the Harrison institution.

9. May 4, 1933 The Ledger Hemingford, NE

Article Text

his veterinary practice here this spring. Carl Spacht relieved C. A. Brown as bank receiver of the Farmers State Bank Monday. Mr. Spacht says he has not decided whether or not he will move his family back to Hemingford. Cullen N. Wright of Scottsbluff was an over night guest at the L. O. Bradley home Wednesday evening. You get prompt and courteous service and prices are right at 2tc Essay's Cash Store. NOTICE I will discontinue sewing from June 1st until August 1st. Mrs. Clyde Yardley. J. J. Norcross was a business visitor in Marsland and vicinity the first of the week.

10. May 5, 1933 The Alliance Times-Herald Alliance, NE

Article Text

cal selections were given by the High school quartet. Rev. M. Allen Keith of Alliance was the speaker and his talk was thoroughly enjoyed by the listeners. Mrs. W. H. Clem sang two vocal solos, accompanied at the piano by Miss Leah Dorsey. Mr. and Mrs. Leo Walker and family of Alliance were in Hemingford Sunday visiting relatives. They were accompanied here by the former's mother, Mrs. George Walker, who had been visiting at their home and also at the home of Mr. and Mrs. Francis Billick of Alliance. The Kensington met Tuesday afternoon to practice Memorial services which are to be given at the Bi-County convention in Alliance, May 11. Members are being urged to attend the convention and help Hemingford win the loving cup. Jay Wood made a trip to Lusk, Wyo., the first of the week. Mrs. Jay Scott came to Hemingford Tuesday, going on to Alliance to consult a doctor and also to visit at the home of her daughter, Mrs. Clifford McCart and family of Alliance. Mrs. C. M. Harigle who spent a few days at the home of her son, R. E. Musgrave and family, returned to Alliance Tuesday. The operettta entitled "Lelawala" presented by the senior high school Friday evening at the high school auditorium was well received. The dramatic Indian operetta was in three acts and stage settings and costumes befitting the Indian tribes were used. The parts carried by the cast were done well and special mention might be made of the leading characters, Marjorie Carrel as Lelawala and of Cecil Wardell, as Wokomis. The songs by the chorus and music by the school band was very good. Clifford Osborne, music instructor and Miss Alta Foster, teacher of dramatics, coached the cast. The Progressive 4-H Potato club enjoyed an interesting meeting at the home of Tom Myers Tuesday evening, with all members present. After reports were given from demonstration teams, two other demonstration teams were selected for the future meeting to be held at the home of Dan Foley on Tuesday evening, May 23. Carol, four-year-old daughter of Mr. and Mrs. I. S. Walters who is a patient at the Methodist hospital in Scottsbluff is reported as improving today. Carl Spacht, new bank receiver arrived the first of the week and assumed his duties as such at the Farmers State bank. Depositors and those interested have expressed satisfaction in having Mr. Spacht, who one time resided here in charge of affairs. Mr. and Mrs. John Smith and little son Donald are planning to move to Scottsbluff soon. Mrs. George Parkins spent the week-end visiting at the home of her parents, Mr. and Mrs. William Athey as her mother, and sister Gertrude were both ill. Miss Eva Wilson of Alliance, who has been teacher in district No. 28 gave a program and picnic at the school house Friday. The patrons of the district attended, bringing a basket dinner and Miss Wilson gave a treat of ice cream to all present. Following the program games were enjoyed.

11. November 1, 1934 The Ledger Hemingford, NE

Article Text

To Be Dividend Depositors Meyer has entered E. Judge district court authorizorder in an of 10 percent the payment ing to the depositors in dividend cash Farmers State Bank of defunct the which closed October Hemingford the bank at the time Deposits in totalled A 10 closed tnis sum be dividend distributed to the deto be the institution. in positors for the payment of Application made by dividend the bank receiver, in Stoll, deputy the bank and it was of charge Luikhart of the by proved partment of Banking in Lincoln. will probably be mailed Checks those entitled by law to direct and should be distribthem receive they can be made soon as uted and in the mail. signed put