Multiple contemporary articles report a quiet run/heavy withdrawals that reduced deposits beginning months before closing; the bank closed Dec. 26–27, 1929 and examiners/state banking department took over in early January 1930. A state receiver was appointed (Feb 1930) and legal action followed. No reopening is reported. Cause attributed in the newspapers to rumors/distressing reports rather than a discrete corrected misinformation or explicit insolvency revelation.
Events (4)
1.December 27, 1929Run
Cause
Rumor Or Misinformation
Cause Details
Newspaper accounts attribute heavy withdrawals over months and a quiet run largely to rumors of distressing nature about the bank.
Newspaper Excerpt
A quiet run on the bank is said to have brought the deposits down to less than $100,000.
Source
newspapers
2.December 27, 1929Suspension
Cause
Rumor Or Misinformation
Cause Details
Papers state the run/withdrawals (driven by rumors) brought deposits down and led to the bank closing; state examiners later took control of the institution.
Newspaper Excerpt
The closing of the Hinds State bank at Odell yesterday is said to be the first bank failure in Gage county in 30 years.
Source
newspapers
3.February 19, 1930Receivership
Newspaper Excerpt
District Judge F. W. Messhas appointed Clarence Bliss of the state department receiver of the Hinds State Bank of Odell ... .
Source
newspapers
4.April 27, 1930Other
Newspaper Excerpt
Receiver Seeks to Recover Notes Taken From Bank - ... seeking reinstate notes which were alleged to have been removed from the failed Hinds State Bank of Odell ... .
Source
newspapers
Newspaper Articles (19)
1.May 9, 1929Beatrice Daily SunBeatrice, NE
Click image to open full size in new tab
Article Text
field to reopen its doors. RETRIAL As re-vamped, the bank has paid in capital $25,000 surplus of $10,000. It closed February 25, 1929. Reorganized under the fashioned after Minnesota
Crop Mortgage dict Reversed At Lincoln
LIEN BEFORE GRAIN GROWN retrial of the controversy beKelley, Wymore, William and Ora Kanarr, farm couple residing near Odell, over the latter's 1927 corn crop been ordered by the state supreme was heard during April, 1928, before district court jury ending in verdic: in favor of Kelley brought suit fifths of the plaintiffs 140 acre corn crop on held. The attempted to show that the Hinds State bark of Odell held first mortgage on the crop the result argeement with Kanarr, and that Kelley's mortgage although read signed by Kanarr on the that would second. It was brought during the trial that an elderly man, suffered defective eyesight and unable to read instrument when was Moss On Bench Judge William Jefferson oMss over the trial. The court reversing Judge Moss pointed out that the district court erred when held that Kelley's was first lien that the lien of bank could not been created the the to give on the crop before planted. It holds that ordinarily thing not being cannot settled that mortgage is created such promise as Kelley knew of its existence. The court adds Kelley will relived the duplicity because the mortgagors exercise the last degree of care.
2.December 27, 1929Fremont TribuneFremont, NE
Click image to open full size in new tab
Article Text
GAGE COUNTY HAS FIRST BANK LOSS
ODELL, NEB., Dec. 27 (U.P)-The closing of the Hinds State bank at Odell yesterday is said to be the first bank failure in Gage county in' 30 years. The bank was organized in 1903. C. N. Hinds, cashier, said the condition of the bank was impaired but that he did not believe it was insolvent. The bank, organized by the Hinds famly, was capitalized at $20,000 and had deposits of approximately $165,000. A quiet run on the bank is said to have brought the deposits down to less than $100,000.
3.December 27, 1929The Hastings Daily TribuneHastings, NE
Click image to open full size in new tab
Article Text
COZAD ACCIDENT FATAL
Neb., Dec. juries sustained when thrown from car Elm Creek resulted in the death Kearney hospital of Ray Scott, lifelong Cozad. Scott injured when the door of his machine jarred open rounded curve and he was thrown out.
Entertain Christmas Dec. and Timothy Farrell entertained family gathering at their hom\ day. and Mrs. McCoy Bobby, Martha Florence Lee Gardner and of and Dorothy Fremont; Lester Farrell of Lincoln; and Mrs. Fred Metzer and and Mrs. Rob and Patty and Audrey of Hastings; Kath and Powers, and Robert Wilson Dale Harvard.
First Failure Years ODELL, Neb., Dec. closing the Hinds State Bank Odell yesterday said to be the first bank failure Gage county in 30 years. The bank was organ 1903. N. Hinds, cashier, said the condition the bank impair that did not believe The bank, organiz the Hinds family, cap and had deposits of the bank said have brought the deposits down to less than $100,000.
4.December 27, 1929The McCook Daily GazetteMcCook, NE
Click image to open full size in new tab
Article Text
Odell Bank Is Closed
Odell, Neb., Dec. 27 The closing of the Hinds State bank at Odell yesterday is said to be the first bank failure in Gage county in 30 years. The bank was organized in 1903. N. Hinds cashier, said the condition of the bank was imired, but that he did not believe it was insolvent. The bank, organized by the Hinds family. was capitalized at $20,000 and had deposits of approximately $165, 000. quiet run on the bank is said to have brought the deposits down to less than $100,000.
5.December 27, 1929York News-TimesYork, NE
Click image to open full size in new tab
Article Text
FAMILY
BY SISTER MARY NEA Service bread is delicious to serve with afternoon tea. Plain bread and butter sandwiches the bread are dainty and most compatible with tea. If more elaborate sandwich is wanted. cream cheese and nuts make an excellent filling. Either yeast bread or quick bread can be flavored with orange. The yeast bread keeps better. so the bread must be made long before wanted this rule is more desirable.
Orange Bread (Yeast Method) One cake compressed yeast, cup orange juice, tablespoons grated orange rind. tablespoons sugar. tablespoons melted butter, 1-2 cup candied orange peel, egg yolk, 1-2 teaspoon salt, 1-4 cup lukewarm water, cups flour. Dissolve yeast cake in water. Add orange juice, half the sugar, salt and cup flour. Stir with spoon until smooth and let stand covered in warm place until bubbly and doubled in bulk Add remaining sugar, butter, orange rind and finely chopped candied peel and egg yolk Mix well and add remaining flour. Use as little flour possible. Knead until smooth and elastic and put into mixing bowl. Cover and let rise in warm place until double in bulk. Shape into loaf and let rise again. When double in bulk, bake one hour in moderately hot oven.
Orange Bread (Quick Method) Four cups pastry flour, teaspoons baking powder, teaspoon salt, 1-2 cup sugar, tablespoons melted butter, tablespoons grated orange rind, 1-2 cup orange marmalade, cups milk. Mix and sift flour, salt, baking powder and sugar. Beat egg until light and add with remaining ingredients to dry mixture. Mix thoroughly and turn into a welloiled bread pan. Let rise 15 minutes and bake 50 minutes in moderate oven.
BANK CLOSES ODELL, Neb., Dec. closing of the Hinds State bank at Odell yesterday is said to be the first bank failure in Gage county in 30 years. The bank was organized in 1903. C. N. Hinds, cashier, said the condition of the bank was impaired but that he did not believe it was insol vent. The bank organized by the Hinds family. was capatalized at and had deposits of approximately $165,000 quiet run on the bank is said to have brought the de posits down to less than $100,000.
Dr. K. F. Wirt, Chiropractor UsIng the latest methods and equipment. Read Building. Phone 72. York, Neb. Itf.
6.December 27, 1929The Stockman's JournalOmaha, NE
Click image to open full size in new tab
Article Text
First Gage County Bank Failure In Thirty Years ing of the Hinds State bank at Odell yesterday is said to be the first bank failure Gage years. The bank was organized 1903. C. N. Hinds, cashier, said the condition of the bank was impaired but that he did not believe was insolThe bank, organized by the Hinds family was capitalized at $20, 000 and had deposits of $165,000 quiet run on the bank said to have brought the deposits down to less than $100,000.
Offer a woman of today pinch of snuff and she will be quite as much offended as Victorian by the offer of Yet century ago the invitation snuff would have been accepted without demur
7.December 28, 1929Nebraska Daily News-PressNebraska City, NE
Click image to open full size in new tab
Article Text
Gage County Bank Is Closed Thursday
ODELL, Neb., Dec. closing the Hinds state bank at Odell is said to be the first bank failure in Gage county in 30 years. The bank was organized in 1908. Hinds, cashier, said the dition of the bank impaired but that he did not believe insolvent. The bank, organized by the Hinds family, was at $20,000 and had approximately $165,000. the bank said to have brought the deposits down to less
ODELL. NEB. BANK GOES UNDER AFTER "RUN"
The Hinds State Bank, at Odell, Nebr., one of the oldest banks in the
9.January 9, 1930Saline County DemocratFriend, NE
Click image to open full size in new tab
Article Text
ODELL CLOSED ON THURSDAY
Hinds State Bank In The Hands of State Banking Department Hinds State Odell, the oldest banks the town. untarily closed doors the morning Examiners from department arrived Odell yesterday afternoon taken affairs of the withdrawals of deposits reason for closing institution, Hinds, stated Thursday afternoon. Hinds stated that probably could longer putting more money inthe institution to tide him over. but did not was advisable putting nearly $40,000 additional reserve hold the business open, Hinds Bank. family capital $25,000 the time deposits Rumors distressing nature for the the in late Thursday afternoon Approximately per deposits the during the pust Hinds estimates approximately per deposits out since the first Odell Oracle.
MRS. JOSEPH ENDLER DEAD Mrs. Joseph Endler passed about Tuesday, January years months Endler born the vicinity July 23, and has lived all of her life has been in health of which bedfast. Endler's maiden name was Smisek. daughter Mr. Joseph Smisek. surby husband, Joseph Endler sister, Rose Pisny Omabrothers. Joseph Exeter. Adolph Cortland and Frank Edward, Stanley and William Wilber. The funeral held from the Havel Houser chapel Thursday, Janbody laid the Bohemian cemetery of
10.January 10, 1930The Wilber RepublicanWilber, NE
Click image to open full size in new tab
Article Text
ODELL BANK IS CLOSED ON THURSDAY
Hinds State Bank The Hands of The State Banking Department The Hinds State Bank, Odell, one of the oldest banks in the town, untarily closed its doors the morning after Christmas. Examiners from the state banking department arrived Odell late yesterday afternoon and have taken over the affairs of the bank. Heavy withdrawals of deposits cently reason for closing the Chas. Hinds, president, stated Thursday afternoon Hinds is said to have stated that probably could have held on little longer by putting lot more money in to the institution to tide him over, but he did not think was an advisable move. It would have required putting nearly $40,000 additional in the cash reserve to hold the business open, said. The Hinds State Bank, family bank, had capital of $25,000 and at the time It was closed deposits of about $98,000. Rumors of distressing nature were probably responsible more than anything else for the "run" on the bank It was stated in Odell late Thursday afternoon. per cent of the deposits of the bank were withdrawn during the past three or four months. Hinds estimates that approximately 40 per cent of the deposits taken out since the first of September.Odell Oracle.
11.January 23, 1930The Snyder BannerSnyder, NE
Click image to open full size in new tab
Article Text
Parent Teacher's Association Will Meet
The Snyder Parent Teacher's Association will ;meet at the Public school and auditorium on Wednesday Jan. 29, Everyone interested in schoo is invited to attend this meeting
Arnold-Feed and Implement Store to open 8000 in newly constructer building south of Arnold Cooperative Creamery. Plattsmouth-New traffic bridge over Missouri River completed. Wausa-Construction of new West ern State Utilities Company plan on West Broadway Street, nearing completion. Cambridge-Ford Garage changed bands.
Creighton- City pumping station being improved and redecorated. Neigh-Christian Church building moved from west of Clearwater to site here. Fontauelle-Ctisens of this place petition improvement of roade in this vicinity, Odell-Depositore of closed Hinds State Bank consider organization of new bank. Blair- Cooperative Creamery opened for busluess Neligh- Bottling works opened in Elkhorn Valley Creamery building Howells-Stangel Shoe Shop chang ed location. ery building will erected in north east cornor of railroaperkd. Plattsmouth G ading. excavating and filling along new highway to Missouri River bridge nearing Lyman-Road to Packer Lakes to be improved. Neligh-New hatchery started opera tions.
Kearney-Old Fort Kearney near here consisting of 40 acres, accepted by State as State park. Neligh-Western Union Telgraph Company opened office here. Lewellen Lewellen Creamerv puichased two lots for erection of new butter factory building.
Movement laudoned to have grave highway extending from Lon
12.February 19, 1930St. Joseph GazetteSt. Joseph, MO
Click image to open full size in new tab
Article Text
DISCUSS PLANS TO SAVE FOX CO.
Stockholders Will Meet and Pass on Bankers' Proposal March 5.
NEW YORK. Feb. alternative plans designed to rescue the Fox Film Corporation from its financial difficulties both advanced by factions opposing the continuance of William Fox as the direct of the came light today. Stockholders will meet March to act upon the plan proposed of bankers favored by Fox to $65,000,000 worth securities. The meeting was called the suggestion of Federal Judge Coleman. before whom the receivership hearings have been held
The notice to the stockholders revealed that Halsey, Stuart & Co., former bankers of the corporation, who oppose the plan favored by Fox have also submitted a plan of refinancing According to the notice to stockholders. the HalseyStuart plan the exchange of both class A stock and class B stock of the for new common stock, all of one class. The other alternative plan came from Winfield Sheehan and Saul Rogers, vice-presidents and directors of the Fox corporation. They propose to raise $40,000,000 through the sale of debenture issues and the remaining necessary funds through sale of $25,000,000 of new common stocks.
NAMED BANK RECEIVER. BEATRICE Neb., Feb. clal). District Judge F. W. Messhas appointed Clarence Bliss of the state department receiver of the Hinds State Bank of Odell and the Security Savings Bank of Beat-
13.April 27, 1930St. Joseph GazetteSt. Joseph, MO
Click image to open full size in new tab
Article Text
Receiver Seeks to Recover Notes Taken From Bank
BEATRICE. Neb., April ence Bliss, state bank receiver, instituted action in district court today, seeking reinstate notes which were alleged to have been removed from the failed Hinds State Bank of Odell, Neb., after the bank was known to be insolvent. Eight defendants are named in the action. The action would enjoin all of them from disposing or collectIng upon removed notes. and also would held them to full accounttemporary orgranted, May being set for the date hearing on permanent Injunction.
14.April 28, 1930The Hastings Daily TribuneHastings, NE
Click image to open full size in new tab
Article Text
TOTALS
Woods Says Benson Embezzlement Much Larger Than Confessed Depositors Will Suffer.
Neb., Apr. Although Emil Benson, convicted cashier of the Citizens State Bank, of Wahoo, has admitted taking tween $35,000 and $40,000 from the George W. Woods, state bank told 1,300 depositors that records indicated he has taken least $100,000. Woods warned the depositors they could not expect too great return from the seven banks that failed recently in Saunders county. Kirchman, president of the closed Saunders County National Bank and head of chain of six banks that failed, faces federal charges that he made false entries totaling
Moves Against Hinds. Neb., Apr. Seeking the re-instatement of $19,in notes which were alleged have been removed from the Hinds State Bank, of Odell, after that institution was known to be Clarence Bliss, state bank receiver, has begun action in district court against Charles Hinds, president and cashier of the defunct bank, and six other defendants. The action would enjoin all the defendants from disposing of or collecting upon the notes and also would hold them to full
15.April 28, 1930Kearney HubKearney, NE
Click image to open full size in new tab
Article Text
MOVES AGAINST HINES.
Beatrice, Neb., April the reinstatement $19,795.54 notes which alleged have been removed from the Hinds State bank, of Odell. after that institution was known be Insolvent, Clarence Bliss, state bank receiver, has begun an action district court against Charles Hinds. president and cashier the defunct bank, and six other defendants. The action would enjoin all the defendfrom disposing of or collectIng upon the removed notes and would hold them to full accounting.
16.April 28, 1930Norfolk Daily NewsNorfolk, NE
Click image to open full size in new tab
Article Text
Seeks Return of $19,795 in Notes
Beatrice, Neb., April Clarence Bliss, state bank has begun an action in district court here seeking the return of $19,795 in notes, alleged to have been removed from the failed Hinds State bank of Odell after the institution was known to be Among those named defendants Albert William Runkle, John Krug, the Odell Cemetery association, The Home Savings and Loan clation of Beatrice and Martin Eickmann, its cashier.
Since the creation of the Oregon state parole board in total 2,544 have been paroland convicts pardoned.
17.April 28, 1930York News-TimesYork, NE
Click image to open full size in new tab
Article Text
Seeks Re-Instatement of Thousands in Notes
BEATRICE, Neb., April 28-UPSeeking the re-instatement of $19.795.54 in notes which were alleged to have been removed from the Hinds State bank, of Odell, after that institution was known to be insolvent. Clarence Bliss, state bank receiver, has begun an action in district court against Charles Hinds, president and cashier of the defunct bank, and six other defendants. The action would enjoin all the defendants from disposing of or collecting upon the removed notes and also would hold them to a full accounting.
18.August 28, 1930The Weekly WymoreanWymore, NE
Click image to open full size in new tab
Article Text
HINDS DROPPED
Charles Hinds, Odell banker, has been cleared of charge of bezzlement In connection with the failure of the Hinds State bank, and been given continuance his three September 22. Hinds had been charged in the original action brought in district court by the bank receiver with tributing to the failure of the bank by embezzlement of $5,000. That charge was dismisesd last Thursday.
19.July 3, 1931The Omaha Evening Bee-NewsOmaha, NE
Click image to open full size in new tab
Article Text
CHARGE EX-BANK HEAD TRIES TO BLOCK CLAIMS
BEATRICE July Contending that Charles N. Hinds, former president the Hinds State bank of Odell, has concealed his assets to block collection just claims. H. Sible of Odell and Clarence G. Bliss, receiver the Hinds bank. have brought ac tion against Hinds
