13047. Genoa State Bank (Genoa, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 20, 1895
Location
Genoa, Nebraska (41.449, -97.731)

Metadata

Model
gpt-5-mini
Short Digest
8e4f86cc

Response Measures

None

Description

Multiple contemporary dispatches (dated March 20, 1895) report the Genoa State Bank closed and placed in the hands of the State Banking Board/receiver. No run or depositor crowding is described; a receiver was appointed, so classify as suspension leading to closure/receivership (government action).

Events (1)

1. March 20, 1895 Suspension
Cause
Government Action
Cause Details
Closed by State Banking Board; notice posted by state bank examiner that bank is in my hands as temporary receiver.
Newspaper Excerpt
The Genoa State Bank closed its doors this morning, and is now in the hands of the State Banking Board.
Source
newspapers

Newspaper Articles (14)

Article from The Wichita Daily Eagle, March 21, 1895

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HAD A WOMAN PRESIDENT. Short and Rapid Career of a Reorganized Bank. Genoa, Neb., March 20.-A notice posted in the window of the Genoa State bank signed by Ben H. Cowdery, state bank examiner, says: "Bank closed and in my hands as temporary receiver." Less than two weeks ago the bank was reorganized and a new set of officers was chosen, with a woman as president. It was stated at the time that the reorganization made the bank one of the strongest financial institutions of its size in the state. The condition of the bank as stated by the receiver is as follows: Assets and liabilities $66,000; deposits $28,000. The assets consist largely of notes many of which will be hard to realize upon. The receiver expresses the opinion that the bank will pay out without loss to the depositors but it will require time.


Article from The Seattle Post-Intelligencer, March 21, 1895

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Business Failures. Genoa, Neb., March 20.-The Genoa State bank is closed, and is in the hands of the state bank examiner. The bank was reorganized last week, with a woman as president. The assets and liabilities are unknown. It was announced at the time the reorganization was made that the bank was one of the strongest financial institutions of its size in the state. It had a capital stock of $20,000. The condition of the bank. as stated by the receiver, is as follows: Assets, $66,000; deposits, $28,000. The assets consist largely of notes, many of which will be hard to realize on. The receiver expresses the opinion that the bank will pay out without loss to depositors, but It will require time. San Antonio, Tex., March 20.-The court of civil appeals today appointed Henry Terrill receiver of the San Antonio & Gulf Shore Railway.


Article from The Times, March 21, 1895

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A Nebraska Bank Fails, GENOA, NEB., March 20.-The Genoa State Bank close1 its doors this mornng, and is now in the hands of the State Banking Board. Less than two weeks ago the bank was reorganized and a new set of officers was chosen, with a woman as president. It was announced at the time that the reorganization made it one of the strongest financial institutions of the size in the State. It had a capital stock of $20,000. The condition of the bank, as stated by the receiver, is as follows: Assets and liabilities, $56,000; deposits, $28,000. The receiver expresses the opinion that the bank will pay out without loss to the depositors, but that it will require time. When the bank was reorganized, March 9th, Mrs. H. E. Robbins was chosen president, Arthur E. Anderson, cashier, and G. Wilson, vicepresident.


Article from Richmond Dispatch, March 21, 1895

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STATE BANK FAILS. It Had a Woman President-It will Pay Out. GENOA, NEB., March 20.-The Genoa State Bank closed its doors this morning, and is now in the hands of the State Banking Board. Less than two weeks ago the bank was reorganized. and a new set of officers was chosen, with a woman as president. It was announced at the time that the reorganization made one of the strongest financial institutions of the size in the State. It had a capital stock of $20,000. The condition of the bank, as stated by the receiver, is a follows: Assets and liabilities, $66,000; deposits, $28,000. The receiver expresses the opinion that the bank will pay out without loss to the depositors, but that it will require time. When the bank was reorganized, March 9th, Mrs. H. E. Robbins was chosen as president: Arthur E. Anderson, cashier, and G. Wilson, vice-president.


Article from The Morning News, March 21, 1895

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A NEBRASKA BANK FAILS. Two Weeks Ago It Was Declared a Strong Institution. Genon, Neb., March 20.-The Genoa State Bank closed its doors this morning and is now in the hands of the state banking board. Less than two weeks ago the bank was reorganized and a new set of officers was chosen with a woman as president. It was announced at the time that the reorganization was made that it was one of the strongest financial institutions of its size in the state. It had a capital stock of $20,000. The condition of the bank, as stated by the receiver, is as follows: Assets and liabilities, $66,000; deposits, $28,000. The receiver expresses the opinion that the bank will pay out without loss to the depositors, but that it will require time. When the bank was reorganized March 9, Mrs. H. E. Robbins was chosen president, Arthur E. Anderson, cashier and G. Wilson, vice president.


Article from Omaha Daily Bee, March 21, 1895

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GENOA STATE BANK HAS CLOSED. It Had Just Been Reorganized and Had a Woman for Its President. GENOA, Neb., March 20.-(Special Telegram.)-The Genoa State bank closed its doors this morning and is now in the hands of the State Banking board. A notice posted in the window of the bank signed by Ben R. Cowdery, state bank examiner, says: "Bank closed and in my hands as temporary receiver." Less than two weeks ago the bank was reorganized and a new set of officers was chosen, with a woman as president. It was announced at the time that the reorganization made the bank one of the strongest financial institutions of its size in the state. It had a capital stock of $20,000. The condition of the bank, as stated by the receiver, is as follows: Assets and liabilities, $66,000; deposits, $28,000. The assets consist largely of notes, many of which are hard to realize on. The receiver expresses the opinion that the bank will pay out without loss to depositors, but that it will require time. When the bank was reorganized March 9 Mrs. H. E. Robbins was chosen president, Arthur E. Anderson, cashier, and G. Willson vice president.


Article from New-York Tribune, March 21, 1895

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A STATE BANK SUSPENDS. Genoa, Neb., March 20.-The Genoa State Bank closed its doors this morning, and is now in the hands of the State Banking Board. Less than two weeks ago the bank was reorganized and a new set


Article from Little Falls Weekly Transcript, March 22, 1895

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TELEGRAPHIC BREVITIES. Matters of Minor Importance in Condensed Form. Miss Ellen Beach Yaw is engaged to be married to H. W. Wack, a young St. Paul lawyer. Prince Waldemar, reigning prince of Lippe (Delmoid), is dead, aged 71. He leaves no issue. Captain C. F. Shoemaker has been formally detailed to act as chief of the revenue cutter service. At Chicago Wednesday night Tommy Ryan of that city easily defeated Tom Tracey of St. Louis in eight rounds. Prince Komatsu, the commander-inchief of the Japanese army, will establish his headquarters at Port Arthur. The Genoa (Neb.) State bank is in the hands of a state bank examiner. The bank was reorganized last week. The statement of the condition of the treasury shows available cash balance, $16,,487,778; gold reserve, $90,443,716. The gunbóat Vesuvius went to sea again from New York to continue the destruction of derelicts along the coast. The Japanese fleet has blockaded Tamsui, a treaty port of China on the northwest coast of the island of Formosa. The Duchess of Leinster, widow of the fifth Duke of Leinster, who died Dec. 1, 1893, at Carton, County Kildare, is dead. The court of civil jurisdiction of the San Antonio district appointed Henry Terrell receiver for the San Antonio and Gulf Shore railroad. The famous stallion Ralph Wilkes, owned by Colonel John E. and Baya.d Thayer. is dead. Thayer Bros. had refused $75,000 for him. The executive committee of the National Association of Life Underwriters, is in session at Washington with members from principal cities in attendance. Ira Holmes, who had been prominent for many years in Chicago financial and real estate circles, is dead. Holmes was one of the heaviest of the old time plungers. Anthony Comstock raided Steve Brodie's saloon on the Bowery, New York city, seizing 70 pictures, alleged to be obscene, and arresting John F. Reilly, who was in charge.


Article from Arizona Weekly Citizen, March 23, 1895

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ed as saying thet it would be unfortuDate if Spain makes the required apology in the All ausos affair. I for or e should like the opportunity to acquire Cuba by conquest. LONDON, March 20-Sir Charles Rivers Wilson, representative of British holders of the Union Pacific bonds has returned. Heeaye Cleveland and Carlisle are all right, but he is doubtfull if the holders cas touch ene cent of debt owing to the temper of congres, which, he says, contains so me wild people socialistically icelined. RIDGEWOOD, N.J., March .-General Adam Badeau, on the staff of General Grant, is dead. SAN ANTONIO. March 20.-The court of civil appeals appointed Henry Terrell receiver of the San Antenio & Gulf Shore railway. NRW ORLEANS, La., March 20.-At noon the jury brought in indictments against 35 men who participated in last Tuesday's rioting. WASHINGTON, March 20-Intimate freinds of Minister Thurston says that Thurston has no official information as to a request for his recall. GENOA, Neb., March 20. -The Genoa state bank 18 closed. The bank was reorganized last week with a woman as presideut. LANCASTER, Mass., March 20.-The famous stallion, Ralph Wilkes, is dead. The Thayer Bros. had refused $75,000 for him. 6 BUTTE, Neb. March 20-County Attor9 ney C. W. Lear arrested two men, nama ed Hunt and Miller charged with lynching Mrs. Hilton near Brecksburg. They are desperate criminals. FRESNO, Cal, March 20.-Hi Rapelje a the man hunter who captured Sontag has been employed by the Madeira i tv officers to take the trail of Regan and Lawson, the two outlaws and would-be murderers. 9 SAN FRANCISCO, March 20.-A tire broke out this morning in Kelborne's H 0 cooper shop Stanford and Townsend streets, which destroyed the entire t f plant and big stables adjoining. Eight een fiue draft horses were burned to , death. Loss, $50,000 e WASHINGTON, March 19 Senator Teller does not regard very seriously e the possible effect of Japan's demandJ. ing a large war indemnity from China is to in gold and is of the opinion that 10stead of injuring the cause of silver it e will aid it. is "Ihaveno fear," be said today, "that y in that event Japan will go to a gold t 7. basis. People there have too long being accustomed to the use of eilver, and the 11 as country 18 too prosperous and progres sive with matters as they are for them at to desire a change. Naturally, however of and notwithstanding the popularity C ailver for local purposes they will ask ethat the indemnity be paid in gold, be in cause of its greater purchasing power i t. Europe and America with which contin y ents Japan has large dealings, and also d because she will probably have contract ed war debt. e, should to go to a 08 8 large conclude Still, gold the if Japan basi dear that would increase 1and and be er stance show the for fact to gold only inadequacy another circum of th gold supply. Leaving out of consider ation what Japan may desire to do wit. n, reference to the monetary basis, a d. er mand upon China for say, $200,000,000 in 10 gold would necesitate 8 great scur around for the in not to exceed ot on her import rying collect metal. $15,000,000 duties China and doe gel the as i. that Government f gold in the y getting annually the only way ordinary course has Id business. It would therefore be nece sary that she should go into the marke an with bonds and raise the gold in Amer at ics and Europe. In that event fully t d thirds of the amount will be taken from d this country and any one may easily St what a drain it would prove to be. Th ewould also become a great object le re son and would, I believe, strengthen th gilver cause." re


Article from The Sauk Centre Herald, March 28, 1895

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Prince Waldemar, reigning prince of Lippe (Delmold), is dead, aged 71. He leaves no issue. Captain C. F. Shoemaker has been formally detailed to act as chief of the revenue cutter service. Prince Komatsu, the commander-inchief of the Japanese army, will establish his headquarters at Port Arthur. The Genoa (Neb.) State bank is in the hands of a state bank examiner. The bank was reorganized last week. The gunboat Vesuvius went to sea again from New York to continue the destruction of derelicts along the coast. The court of civil jurisdiction of the San Antonio district appointed Henry Terrell receiver for the San Antonio and Gulf Shore railroad. The famous stallion Ralph Wilkes, owned by Colonel John E. and Bayand Thayer. is dead. Thayer Bros. had refused $75,000 for him.


Article from The Redwood Gazette, March 28, 1895

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1 UMMARY OF WEEK'S NEWS Tuesday, March 19. Colonel M. H. V. Edgerly, president of the Massachusetts Mutual Life Insurance company, is dead. Grand Duke George of Russia has arrived at Algiers from Livadia and will remain in Algieria for the benefit of his health for some time. Eastbound shipments from Chicago last week amounted to 64,589 tons, against 55,424 for the preceding week, and 89,616 for the corresponding week of last year. The steamship Lucania from Liverpool brought $1,310,000 in gold to August Belmont & Co., and the steamship La Gascoyne from Havre brought 4,000,000 francs in gold. It is understood in the supreme court circle that Justice Howell E. Jackson, who is now at his home in Tennessee, will resign from the bench of the supreme court next fall. Owing to the heavy fall in the price of sugar, the Dutch government has presented to the states general a bill suspending for a year from June 1, the export duties on sugar grown in the Dutch Indies. Wednesday, March 20. The Duke of Aosta has been formally betrothed to Princess Helene of Orleans. The 59th annual session of the New Jersey Methodist conference is being held at Burlington. Mgr. Satolli has suspended temporarily the edict of the Vatican against Knights of Pythias. A dispatch from Quito says that the insurrection in Ecuador has been suppressed and that the leaders have been arrested. Walter W. Robinson, superintendent of the letter carriers of Yonkers, N. Y., has been arrested on the charge of robbing the mails. Patrick Egan, a resident of St. Paul for 40 years, is dead. Mr. Egan was a staunch Democrat and held several positions of trust. Richard E. Klung, formerly of Milwaukee, has been arrested in Philadelphia, charged with bigamy, desertion and obtaining money under false pretenses. Thursdry. March 21. Prince Waldemar, reigning prince of Lippe (Delmold), is dead, aged 71. He leaves no issue. Captain C. F. Shoemaker has been formally detailed to act as chief of the revenue cutter service. Prince Komatsu, the commander-inchief of the Japanese army, will establish his headquarters at Port Arthur. The Genoa (Neb.) State bank is in the hands of a state bank examiner. The bank was reorganized last week. The gunboat Vesuvius went to sea again from New York to continue the destruction of derelicts along the coast. The court of civil jurisdiction of the San Antonio district appointed Henry Terrell receiver for the San Antonio and Gulf Shore railroad. The famous stallion Ralph Wilkes, owned by Colonel John E. and Baya.ıd Thayer. is dead. Thayer Bros. had refused $75,000 for him.


Article from Oakes Weekly Republican, March 29, 1895

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SUMMARY OF WEEK'S NEWS Wednesday, March 20. The Duke of Aosta has been formally betrothed to Princess Helene of Orleans. The 59th annual session of the New Jersey Methodist conference is being held at Burlington. Mgr. Satolli has suspended temporarily the edict of the Vatican against Knights of Pythias. A dispatch from Quito says that the insurrection in Ecuador has been suppressed and that the leaders have been arrested. Walter W. Robinson, superintendent of the letter carriers of Yonkers, N. Y., has been arrest it on the charge of robbing the Patrick Ligan, a resident of St. Paul for 40 years. is dead. Mr. Egan was a staunch i) mocrat and held several positions o' trust Richard F. Kinng. formerly of Milwaulae, has been arrested in Philadelphia, charged wi bigamy, desertion and obtaining money under false pretenses. Thursday, March 21. Prince Waldemar reigning prince of Lippe (Delmold), is dead. aged 71. He leaves no issue Captain C.F. Shoemaker has been formally detailed to act as chief of the revenue cutter service Prince Komatsa, the commander-inchief of the Japanesearmy. will establish his headquarters ? Porc Arthur. The Genoa (Neb.) State bank is in the hands of a state bank examiner. The bank was reorganized last week. The gunboat Vesuvius went to sea again from New York to continue the destruction of derelicts along the coast. The court of civil jurisdiction of the San Antonio district appointed Henry Terrell receiver for the San Antonio and Gulf Shore railroad. The famous stallion Ralph Wilkes, owned by Colonel John E. and Bayard Thayer. is dead. Thayer Bros. had refused $75,000 for him.


Article from The Sauk Centre Herald, April 4, 1895

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Prince Waldemar, reigning prince of Lippe (Delmold), is dead, aged 71. He leaves no issue. Captain C. F. Shoemaker has been formally detailed to act'as chief of the revenue outter service. Prince Komatsu, the commander-inchief of the Japanese army, will establish his headquarters at Port Arthur. The Genoa (Neb.) State bank is in the hands of a state bank examiner. The bank was reorganized last week. The gunboat Vesuvius went to sea again from New York to continue the destruction of derelicts along the coast. The court of civil jurisdiction of the San Antonio* district appointed Henry Terrell receiver for the San Antonio and Gulf Shore railroad. The famous stallion Ralph Wilkes, owned by Colonel John E. and Baya.ıd Thayer. is dead. Thayer Bros. had refused $75,000 for him.


Article from The Columbus Journal, April 10, 1895

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SPECIAL BARGA NSF In Nance and Boone com ties, I ha speci I bargains in uarter and half secti of Imp oved lands at 20 to 30 pe sent less than usual prices. P. W. Beerberrer, Coll mbus, Nebr. 4t J. H. Wurdeman was in the city Thursday. Some two weeks ago he was kicked by a horse on the right knee, and has suffered considerably with it since, but it is hoped there will be no serious results. -Wm. Bucher has been following his usual custom of repairing his business building on Eleventh street. He goes on the principle that it pays well to repair a frame house simply to make it more durable. -Easter exercises at the Presbyterian church next Sabbath evening by Sabbath school. An interesting program consisting of recitations, singing by choir, instrumental voluntaries, recitations, and good-night scene. Everybody invited. -The Genoa Banner says that B. R. Cowdery, temporary receiver of the Genoa State bank, returned to town yesterday. Mr. Wattles. of Neligh, has been appointed to the permanent receivership, and will take charge in the near future. -Charles Stevens came up from Columbus Tuesday to visit at home for a few days. He was accompanied by Howard Geer. Charlie is studying medicine with Drs. Martyn, Evans & Geer, and is making good progress. -[Leigh World.