Dawson County State Bank

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: July 27, 1929
Location: Lexington, Nebraska (40.781, -99.742)

Metadata

Model: gpt-5-mini
Short Digest: 7dc4cd84

Response Measures

None

Description

Article reports the Dawson County State Bank had been closed about two weeks and officially reopened July 27, 1929 as a newly reorganized institution. No explicit standalone bank run is described; patrons brought currency but the piece focuses on reopening and deposits. Cause of suspension is not specified in the article, so categorized as 'other'. Also mentions the American State Bank of Kearney had closed and Dawson County State sent $10,000 to Kearney.

Events (2)

1. July 27, 1929 Reopening

Newspaper Excerpt: The newly reorganized Dawson County State bank officially opened its doors Saturday morning. after being closed for about two weeks. During the first hour deposits amounting to $50,000 were handed in through the cashier's window ... when bank closed this afternoon $106,419.28 had been deposited. The cashier stated that to his knowledge there was not dollar of deposits withdrawn in favor of any other depository, thus showing the confidence of the people in the reorganized bank A few minutes after opening, news reached Lexington that the American State bank of Kearney had closed its doors and on call of the president of the surviving bank at Kearney that might need more cash to satisfy any withdrawals, the Dawson County State to rushed $10,000 in currency
Source: newspapers

2. * Suspension

Cause Details: Article only states the bank was closed about two weeks and later reorganized; no specific cause (rumor, government action, or insolvency) is given.
Newspaper Excerpt: The newly reorganized Dawson County State bank officially opened its doors Saturday morning after being closed for about two weeks.
Source: newspapers

Newspaper Articles (1)

1. July 28, 1929 The Lincoln Star Lincoln, NE

Article from The Lincoln Star, July 28, 1929

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Article Text

REOPENED BANK GETS DEPOSITS People Show Confidence in Dawson County Institution. (Special to The Star.) LEXINGTON, Neb., July 27-The newly reorganized Dawson County State bank officially opened its doors Saturday morning. after being closed for about two weeks. During the first hour deposits amounting to $50,000 were handed in through the cashier's window A steady stream of patrons and friends who had carried rolls of currency and wads of checks for several days crowded through the doors and when bank closed this afternoon $106,419.28 had been deposited. The cashier stated that to his knowledge there was not dollar of deposits withdrawn in favor of any other depository, thus showing the confidence of the people in the reorganized bank A few minutes after opening. news reached Lexington that the American State bank of Kearney had closed its doors and on call of the president of the surviving bank at Kearney that might need more cash to satisfy any withdrawals, the Dawson County State to rushed $10,000 in currency