13126. Bank of Holbrook (Holbrook, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 18, 1932
Location
Holbrook, Nebraska (40.305, -100.010)

Metadata

Model
gpt-5-mini
Short Digest
4d80f551

Response Measures

None

Description

Articles (Feb–May 1932) state the Bank of Holbrook was closed and a committee was working toward reopening, but later items refer to a bank receiver and a dividend from liquidation of assets. No run is described. The bank appears to have been closed and placed in receivership/liquidation (permanent closure). OCR errors in Article 3 (dividend amount) were left as-is; we use publication dates to date events.

Events (3)

1. February 18, 1932 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank had failed/closed (insolvency or failure of the institution) leading to suspension; later placed in receivership and liquidation.
Newspaper Excerpt
The bank was closed recently but with the committee working the re-financing of the organization, believed that the institution will again in the near future.
Source
newspapers
2. May 11, 1932 Receivership
Newspaper Excerpt
May dividends to depositors, from liquidations of assets of three failed state banks... Bank of Holbrook, Holbrook, $17,ten per cent, first dividend.
Source
newspapers
3. February 15, 1933 Other
Newspaper Excerpt
Miss Jane Banwell spent Monday McCook assisting Mr. Mason bank receiver, with with the Bank Holbrook.
Source
newspapers

Newspaper Articles (4)

Article from The Oxford Standard, February 18, 1932

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Article Text

PLAN TO RE-OPEN BANK Holbrook Feb. committee of working here towards the opening of the Bank of Holbrook The bank was closed recently but with the committee working the re-financing of the organization, believed that the institution will again in the near future.


Article from Holbrook Observer, April 28, 1932

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Article Text

Prospects Are Good Altho no official announcement has been made, prospects are good for the re-opening of the Bank of Holbrook The committee in charge was in Lin coln last week and held conference with Mr. Woods of the state banking commission, and received encouragement. department representative expected in Holbrook this week.


Article from Kearney Hub, May 11, 1932

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Article Text

PAY UP DIVIDENDS. Lincoln, Neb., May dividends to depositors, from liquidations of assets of three failed state banks, were announced Tuesday by state department of trade and commerce. The banks, amounts and per cent of dividends were follows: Hoskins State bank, Hoskins, Neb., $76,645.09, forty-five per cent, first dividend. Bank of Holbrook, Holbrook, $17,ten per cent, first dividend. County bank, houn, Neb., $8,068.73, seven per cent. Tune in on KGFW at 12:45 Wednesdays Saturdays and hear our organ program. Ira c. Anderson.


Article from Holbrook Observer, February 15, 1933

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Article Text

Personals and Claude tin, at Edison, February box and will supper program held Friday evening, February 17, Helen Cooper of Wellfieet, Nebr., spent with her parents, Mr. and Mrs. Cooper. and Mrs. Perry of Lincoln, spent Sunday with and Mrs. Orla Perry. Virgil Clarkson has been confined his home the past week with cold. Mrs. Milligan of Beaver City, who spent several days last week the home of her son, N. Milligan, returned to Beaver City Sunday. the Hanson school house, ten miles northwest of Holbrook. Teresa Sanders, teacher. The public invited. Mrs. Phillipson and Ambler are joint party this afternoon at the home Mrs. Phillipson. There will be special meeting the lodge afternoon, February full attendance desired. Ernest Stagemeyer lost two cows during the severe cold weather last week. The animals died from exposure and cold. The Club members entertained their husbands last Tuesday with an evening bridge, the home of Neel. Mrs. Bible the hostess. The Observer will reach its route patrons day next week on count of Washington's birthday on the 22nd, which legal holiday mail will not delivered on the routes. Mary and Mildred Banwell, Kee Samples and Leland Rogers visited Lottie O'dell's school last Thursday They took their dinners with them and spent the day. Miss Jane Banwell spent Monday McCook assisting Mr. Mason bank receiver, with with the Bank Holbrook. accompanied by her mother. The many friends of Orla glad to see about crutches. He has been confined to his home the greater part of the winter on account of infected foot. The Methodist Ladies' Aid will hold all day quilting today (Wednesday) the church. will be covered dish dinner and general invitation tended to who wish to attend. number of the members of the Royal Neighbor went the home of Mrs. Marie Hockemeler Tuesday evening surprised her. The hours were followed the serving of refreshments. Leonard and Lester Strickland left Monday morning for Annapolis, their They will be home John who attending school there. quite miles by the route they took, through Washington, Mr. and Mrs. Virgil Clarkson have had guests past week their niece, Mrs. Leo Graff and son Orleans. They were enroute home from Oxford, where the baby had confined for treatment for pneumonia. Graff arrived Monday to take them home. The Baptist kensington met with Mrs. Minnie Bowers last Thursday and despite the inclement weather, was attended. The ladies brought ered dishes and needless to say each contained something which much the delicious repast business meeting and John Lentz moved into town Monand with his family occupies Patton the west of town. The Lentz family has been the late Mollring residence west town. Mr. and Mrs. Scott of Beaver City, are going move onto the property soon as remodeling completed. On Thursday, February the meet the home Keyes annual busimeeting the Aid society, when committees be appointed for the ensuing year and given for the past This be preceded of the unit when ladies will the study Moccasin Indian legend.