Allen State Bank - Allen, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 20, 1930
Location: Allen, Nebraska (42.416, -96.845)

Metadata

Model: gpt-5-mini
Short Digest: 520f24c2

Response Measures

None

Description

OCR-corrupted article. The clipping headline 'Allen Bank Receiver Named' and text indicate a deputy/receiver was put in charge of the Allen State Bank by the banking department. No mention of a depositor run or withdrawals in the article, so this is classified as a suspension/closure with a receiver appointed (government action).

Events (1)

1. April 20, 1930 Receivership

Newspaper Excerpt: Allen Bank Receiver Named ... deputy been put charge the Allen State bank, Allen ... by the department ... put charge the Allen State bank
Source: newspapers

Newspaper Articles (1)

1. April 20, 1930 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, April 20, 1930

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Article Text

PONCA CITY PARK BEING IMPROVED BY LANDSCAPING Ponca, large crew men under direction Farrell, landscape gardener of Randolph, Neb., for several days has been preparing the new city park for planned the city council. Trees, hedge and shrubs have been planted. Farm Agent Is Chosen Chadron, In filling the office of county agricultural agent county, which has been vacant W. Biederresignation on January this year, county farm bureau employed the services Pierce, Mr. Pierce, has been work ing Keya Paha county five years, take over his duties later than July and hopes to arrange to here on Allen Bank Receiver Named Ponca, W. of this place, who had charge of the bank, Ponca, Citizens State bank and Farmers State bank deputy been put charge the Allen State bank, Allen, the Security State bank, Wakefield. deputy for the last banks, by the department trade and Fish Nursery Installed Oakdale, Johnson of Oakdale, this put nursery pond on their their Fish from the fish hatchery Spearfish, Johnsons are that will make their the best nursery ponds the state. Will Increase Phone Rates Lincoln, The Ames Creek company, Obert, has been granted permission to increase its present farm rates 10 cents June also ordered that dividends may be paid earnings, exceed per outstanding capital stock $4,000, until further order of the commission.