Lyman State Bank - Lyman, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 1, 1928*
Location: Lyman, Nebraska (41.917, -104.039)

Metadata

Model: gpt-5-mini
Short Digest: 06a7876b

Response Measures

None

Description

Article states the Lyman State Bank failed about year ago and a receiver (Torgeson) is in place; depositors met (meeting completed 1929-07-22) to organize assistance for the receiver. No run is mentioned in the text. I infer the bank suspended and remained closed (receiver assigned). Approximate failure date given as about one year before publication (around July 1928).

Events (2)

1. July 1, 1928* Receivership

Newspaper Excerpt: The depositors of the Lyman State bank which failed about year ago, have organized for the purpose of assisting the receiver, Torgeson, ...
Source: newspapers

2. July 22, 1929 Other

Newspaper Excerpt: The organization was completed last night when E. S. Young of Lyman was chosen chairman with the following members of the committee...
Source: newspapers

Newspaper Articles (1)

1. July 23, 1929 Scottsbluff Republican Scottsbluff, NE

Article from Scottsbluff Republican, July 23, 1929

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Article Text

Depositors Organize Help Bank Receiver The depositors of the Lyman State bank which failed about year ago, have organized for the purpose of assisting the receiver, Torgeson, of The organization was completed last night when E. S. Young of Lyman was chosen chairman with the following members of the committee: Frye, W. Waitman, H. Daugherty, Forbes, and Lippincott, all business of Lyman or farmers in the vicinity. At the meeting which was held at Lyman last night there were about 100 depositors of the institution in attendance.