Monowi State Bank - Monowi, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 12, 1925
Location: Monowi, Nebraska (42.829, -98.330)

Metadata

Model: gpt-5-mini
Short Digest: 47646e80

Response Measures

None

Description

The article (Spencer Advocate, 1925-03-12) mentions the appointment of a receiver for Monowi State Bank and discussion of the Guaranty Fund and depositors, indicating the bank was closed and a receiver appointed. OCR in the article is poor (e.g., 'allowDavey'), but the meaning (appointment of receiver) is clear. No explicit bank run is mentioned.

Events (1)

1. March 12, 1925 Receivership

Newspaper Excerpt: case Monowi State Bank, appointment was allow... all being allowed on the Guaranty Fund. claimed that these depositors had been paid more than the five percent their deposits and were not entitled to the guarantee.
Source: newspapers

Newspaper Articles (1)

1. March 12, 1925 The Spencer Advocate Spencer, NE

Article from The Spencer Advocate, March 12, 1925

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Article Text

Dale Sharp, who plead guilty the charge of statutory rape, before the case went the jury, was stated in last week's issue, sentenced seven years in the penitentiary by the court. John Passieux, charged with bastardy, was judged to be the father of the child of the accusing witness, and ordered to $1350. Of this pay amount and the costs of the case were ordered paid forthwith, per year to be paid for period of years, payable quarterly. Passieux ordered committed to the county jail until this amount paid secured. State of Nebraska Gross State Bank, appointment of receiver. Anderson, leasee, to pay bills for pairs and apply same on rent. Gesina Maria Willems Anna Margartha Schreiber partition. Sale confirmed. deed ordered, ceeds be distributed among heirs paying court expenses Fred Lipke Andrew Erickson al. foreclosure. Sale confirmed and deed ordered. Deficiency judgment favor of plaintiff in sum Lucille Berg William Berg, divorce. Plaintiff given custody children. Boyd County State Bank Mayme Sherman foreclosure. Olerich appointed receiver with authority rent. Millard Construction Co. Bradley et foreclosure. tinued to June term. the of State of Nebraska case Monowi State Bank, appointment was allowDavey August Schindler Wenzel Diez all being allowed on the Guaranty Fund. claimed that these depositors had been paid more than the five percent their deposits and were not entitled to the guarantee. Howevidence produced to the effect that all these certificates of deposit had been made for the amount of interest Louis Forgette foreclosure. Motion to vacate. Deficiency judgment was overruled. Corn Exchange Bank Louis Ad foreclosure. Decree of foreclosure taken. Arthur Johnson Lillie partition. Harry Batty appointed referee to make partition. and property ordered sold. Dolan Kloke, Jury returned verdict in favor plaintiff in sum of George Cronkleton, Receiver, (Bristow) Boline. Judgment favor of plaintiff Bailin Bros. Moses Tinsley, injunction. Found for plaintiff and injunction made permanent. Farmers Mutual Insurance Association of Iowa William Horst, Continued the petition error. next term. Elmer Jacobson, route one out Lynch, notified via the mail route that he wished to be entered our big subscription book regular subscriber.