13044. Farmers State Bank (Fullerton, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 13, 1931
Location
Fullerton, Nebraska (41.363, -97.969)

Metadata

Model
gpt-5-mini
Short Digest
83b416c8

Response Measures

None

Description

Articles (Jul 13, 1931) list the Farmers State Bank of Fullerton among 'failed banks' and discuss transfer/management of receiverships. No run or depositor agitation is described. The bank is in receivership/failed and thus treated as suspended and closed. Date taken as publication date.

Events (2)

1. July 13, 1931 Receivership
Newspaper Excerpt
the receivership matter ... 200 failed banks ... The banks involved in this hearing include ... the Farmers State bank of Fullerton,
Source
newspapers
2. July 13, 1931 Suspension
Cause
Government Action
Cause Details
Court-appointed receivership/transfer of receiverships of failed banks by state officials as described in the article.
Newspaper Excerpt
the Farmers State bank of Fullerton; ... failed banks
Source
newspapers

Newspaper Articles (2)

Article from The Columbus Telegram, July 13, 1931

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Article Text

LIGHTNER RETIRES Alone Presides Judge Spear at ATTORNEY'S MOVE FOR CONTINUANCE REFUSED Fremont, July 13 the decide whether Commerce Luikhart entitled take failed from Bliss, ousted receiver, resulted in the of District Judge Louis tirement Lightner from the case and an adAt opening the Beynon for the fication Judge Lightner on the grounds that he had written letter to Governor Charles W. Bryan, interfere in bank promising not Judge Lightner voluntarily from the ing Judge Spear on bench to hear alone. Judge Spear overruled motion Attorney Cook, asking for continuance of the case, Cook saying had just taken the case and did not know all of the points involved. Arthur Mullen, Governor Bryan's attorney, opposed motion, saying that there was noththe and that had died retired and would require great deal of research. Court was adjourned to permit Cook to study and gather data. Bliss that he will oppose the transfer of the long the applications for are and handled the Bliss said, to but await the action of the Bliss had in his fight with the governor that held his receiver through order of the district courts. Banks today Farmers State bank Belgrade; Boone State bank Bradish; Cornlea State bank; Farmers State: Clarks State bank; Dodge State bank; Farmers State bank of Fullerton; Farmers State bank of GeState bank of Bank and Murphy, of Humphrey: Lindsay bank; State bank; First bank of North Citizens and Farmers State bank of Scribner State bank; St. Edward Farmers State and the Snyder State bank, of Snyder. Lincoln, July 13 letter State Bass today, Attorney General said that the shall honor ordwhoever of failed when out the hands of the written folBass' assets failed banks since the brewed Governor Charles Bryan and Clarence Bliss. obligation to honthe Bliss the in Mr. Bliss by any court,' the torney general wrote


Article from Fremont Tribune, July 13, 1931

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Article Text

LIGHTNER RETIRES FROM BANK SUIT (Continued from Page One) ceiver matter. The conference between Attorney Beynon and Judge Lightner was not in open court. Another objection made by Beynon to Lightner's participation in based on the fact that the case was to the disLightner was appointed bench by Governor Bryan trict during previous administration. Other cases in which the receivership matter has been heard have come before judges whom Bryan had appointed, Beynon charged, and he believed these judges should be dis qualified The hearing today is to decide the right of Governor Bryan in his attempt to transfer receiverships of failed banks in the state to E. Luikart. newly appointed secretary of trade and of the commerce after he had discharged Clarence Bliss, who was the republican appointee of Governor Weaver as head of the department, and who still holds his appointment by the district courts of the state as the receiver of 200 failed banks. The governor claims that receivof the banking erships are part department and that they are unjurisdiction though receivder his ers are appointed by the courts. There is said to be some contention on the right of the legislature to tell whom they must appoint This is mainly the to contention in the present hearing. Bliss has indicated he will not the transfer of the receiveroppose the applications for ships as long as entered and handled transfers are but he in the regular claims the governor does not have to discharge him from his the right official capacity through the court's appointment. The banks involved in this hearing include the First State bank of North Bend; the Scribner State: Dodge State and the Snyder State bank, all of Dodge county and the Farmers State bank of Belgrade, Boone State bank; Farmers State State bank of Chapman State, Clarks State, Farmers State bank of Farmers State of GenFullerton,