Mount Clare State Bank - Mount Clare, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 1, 1931*
Location: Mount Clare, Nebraska (40.183, -98.218)

Metadata

Model: gpt-5-mini
Short Digest: 2fa75aa4

Response Measures

None

Description

Article (The Lincoln Star, 1931-07-03) lists Mount Clare State Bank among failed state banks with receivership and dividends paid in June. OCR is poor and exact dividend percentages are garbled; text clearly indicates the bank had withdrawals prior to receivership (32.2 per cent withdrawn before receivership). No explicit contemporaneous 'run' described, so classified as a suspension leading to closure/receivership.

Events (2)

1. June 1, 1931* Receivership

Newspaper Excerpt: Mount Clare State bank, per in 32.2 per cent withdrawn before receivership. State bank. 3.9 addition to per cent withdrawn before
Source: newspapers

2. * Other

Newspaper Excerpt: 32.2 per cent withdrawn before receivership (withdrawals prior to failure noted in article)
Source: newspapers

Newspaper Articles (1)

1. July 3, 1931 The Lincoln Star Lincoln, NE

Article from The Lincoln Star, July 3, 1931

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Article Text

$364,271 Dividends Paid Depositors of Failed Banks in June Depositors in twelve failed state banks were paid dividends in June totaling $364,271 under direction of the receivership division in the state department, as follows cent, 40 cent paid City State bank Loup per paid State bank per per paid State bank of Bethcent, $14,074; 60 per State bank, 18 per cent paid previously, in addition to 27.7 per cent withdrawn before receiverState bank 50 percent, $46,350; nothing paid State bank. 50 per cent, nothing paid State bank, 8 per cent paid Farmers' State bank. cent, $7,736; 30 per cent paid previously. Malcolm Malcolm State bank 3.35 per cent paid addition to per of deposits withdrawn beMount Clare State bank, per in 32.2 per cent withdrawn before receivership. State bank. 3.9 addition to per cent withdrawn before