State Bank - Lanham, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1932
Location: Lanham, Nebraska (40.003, -96.874)

Metadata

Model: gpt-5-mini
Short Digest: b058798e

Response Measures

None

Description

Article states the State Bank of Lanham was closed for liquidation and affairs placed in hands of the state department and examiner—closure by government authority. OCR errors in the clipping (missing words) corrected where obvious.

Events (2)

1. December 1, 1932 Receivership

Newspaper Excerpt: State Bank Examiner Richard Hadley was placed in charge for the department. Deposits of the bank were approximately $50,000 ... closed for liquidation upon ... of its officers and directors.
Source: newspapers

2. December 1, 1932 Suspension

Cause: Government Action
Cause Details: Affairs placed in hands of the state department of trade; examiner placed in charge and bank closed for liquidation by state authorities
Newspaper Excerpt: State Bank at Lanham Closed for Liquidation Affairs of the State Bank of Lanham, Lanham, Neb., were placed in the hands of the state department ... The bank was closed for liquidation ... State Bank Examiner Richard Hadley was placed in charge
Source: newspapers

Newspaper Articles (1)

1. December 1, 1932 The Stockman's Journal Omaha, NE

Article from The Stockman's Journal, December 1, 1932

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Article Text

State Bank at Lanham Closed for Liquidation Lincoln, Neb., Dec Affairs of the State Bank of Lanham, Lanham, Neb., were placed in the hands of the state department of trade and The bank was closed for liquidation upon of its officers and directors. State Bank Examiner Richard Hadley was placed in charge for the department Deposits of the bank were approxi$50,000 capital stock was $10.000 Officers of the institution are W C. Weiters president William Riggert vice and Hilda