11508. Farmers State Bank (Cortland, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 9, 1932
Location
Cortland, Nebraska (40.506, -96.706)

Metadata

Model
gpt-5-mini
Short Digest
7b4fc44b5fa86418

Response Measures

None

Description

Both articles (Feb 1932) report the Farmers State Bank of Cortland 'closed recently' and that a state official was appointed receiver. No mention of any depositor run; the bank had closed and a receiver was named, so this is a suspension leading to closure/receivership (government-appointed). OCR typos corrected (e.g., truncated words).

Events (2)
1. February 9, 1932 Receivership
Newspaper Excerpt
Judge ... appointed H. Luikhart, secretary of the state department of trade and commerce, receiver for the bank. Luikhart's bond $7,500. (Beatrice Daily Sun, 1932-02-09). ,A move toward the liquidation of the Farmers State bank of Cortland ... appointed F. H. Luikhart ... as receiver for the bank Lulkhart's bond was set (Weekly Wymorean, 1932-02-18). ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )
Source
newspapers
2. February 9, 1932 Suspension
Cause
Government Action
Cause Details
Bank had closed and state department of trade and commerce moved to appoint a receiver (state intervention/receivership).
Newspaper Excerpt
the Farmers State bank of Cortland, which closed recently
Source
newspapers

Newspaper Articles (2)
1. February 9, 1932 Beatrice Daily Sun Beatrice, NE
Article from Beatrice Daily Sun, February 9, 1932

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Article Text

CORTLAND BANK RECEIVER move toward the liquidation the Farmers State bank of Cortland, which closed recently, taken in district court Monday when Judge Fred appointed H. Luikhart, secretary of the state department of trade and commerce, receiver for the bank. Luikhart's bond $7,500.

2. February 18, 1932 The Weekly Wymorean Wymore, NE
Article from The Weekly Wymorean, February 18, 1932

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Article Text

CORTLAND BANK RECEIVER A move toward the liquidation of the Farmers State bank of Cortland, which closed recently. was taken in district court when Judge Fred W Messmore appointed F\ H. Luikhart. secretary of the state department of trade and commerce. as receiver for the bank Lulkhart's bond was set