13294. Naponee State Bank (Naponee, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
October 9, 1931
Location
Naponee, Nebraska (40.077, -99.141)

Metadata

Model
gpt-5-mini
Short Digest
53efd8bf

Response Measures

None

Description

Newspaper of 1931-10-15 reports the Naponee State Bank suspended business activities temporarily last Friday. Later April 1932 state news columns report dividends paid to depositors of failed banks including Naponee, indicating the bank did not resume long‑term operations and entered failure/receivership. No article describes a depositor run as the initiating event or any rumor trigger, so this is classified as a suspension followed by closure/receivership.

Events (3)
1. October 9, 1931 Suspension
Cause Details
Article simply states the bank suspended business activities; no cause or triggering run is provided.
Newspaper Excerpt
The Naponee State Bank suspended business activities temporarily last Friday.
Source
newspapers
2. April 14, 1932 Other
Newspaper Excerpt
Dividends totaling $72,000 have been paid to depositors of failed banks at Naponee, Riverton, Swedeburg, Glenvil and Clay Center.
Source
newspapers
3. April 14, 1932 Receivership
Newspaper Excerpt
Dividends totaling $72,000 have been paid to depositors of failed banks at Naponee, Riverton, Swedeburg, Glenvil and Clay Center.
Source
newspapers

Newspaper Articles (3)
1. October 15, 1931 Franklin County Sentinel Franklin, NE
Article from Franklin County Sentinel, October 15, 1931

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Article Text

hot water in which her mother had scalded chicken. She caught foot in weed and stumbled. Bank Friday. The Naponee State Bank suspended business activities temporarily last Friday. meeting was called Wednesday afternoon and the following appointed to see what could be done to relieve the situation: S. E. Ely, John Hester, Charles Harrison, Dr. M. B. Hoylman and R. Burnham. Mr. and Mrs. George Hill and daughter Darlene of Trenton came Thursday for visit with relatives here. Mr. and Mrs. Ed Archibald of Almena, Kas., were overnight guests Friday of Mr. and Mrs. J. L. Cales. Mr. and Mrs. Harry Tecker and Mrs. Ono Gardels were Hastings visitors Wednesday. Doris Cook, of Mr. and Mrs. Wm. Chapman, is seriously ill with very little hopes of recovery. Perry Losey, who is quite ill at his home, was little better Tuesday. Born, to Mr. and Mrs. Doug Melton, Saturday, October 10, son. Mr. and Mrs. R. E. Applegate were Lincoln visitors recently. Applegate went from there to Holdrege, where she visited until Sunday. Mr. Mrs. Wm. Stover and Mrs. Leonard Stover attended the funeral Mrs. Wm. Heldman at Franklin Wednesday afternoon. Mr. Mrs. Frank Rains were Riverton visitors Wednesday Mr. and Mrs. Herman Schulke and Mr. and Mrs. Hans Lippire of Bloomington were guests Sunday of Mr. and Mrs. Wm. Stover. Claude Wilmot and Jas. T. Davis were Lincoln visitors Tuesday. The Tasty Cooking Club met at the home of Margaret Bendel Saturday, Oct. 10. The meeting was called to order by the president and the minutes were read by the secretary. The third problem was given out and studied. The teams were chosen and they will demonstrate at the next meeting. A delicious was served by the hostess. The next meeting will be at the home of Ellen Burnham, Oct. 24. Bonnie Gillard, news reporter. Mr. and Mrs. Fred Schween and family of Alma were Sunday guests of Mr. and Mrs. Bruce Francisco. Mrs. McCullough came home Wednesday from several days visit at the home of her daughter, Mrs. Pete Grout, over in Kansas. Mr. and Mrs. Ed Archibald of Almena, Mr. and Mrs. Tom Moore and Mr. and Mrs. George Hirsch spent Sunday at the home Mr. and Mrs. Croft of Kearney. O. Dick of Superior was Naponee visitor last Wednesday evening. Mr. and Mrs. Fred Lambman and Mrs. Louisa Schween of Kensington visited their cousin and daughter, Mrs. Bruce Francisco and husband Saturday. Macon W.F.M.S. whatever you have trade with me. The Woman's Foreign Missionary D. C. BENEDICT. Society met for their regular meeting at the home of Mrs. Geo. Folkers FOR SALE combed Rhode October The meeting was opened Island Red Cockerels. Ross Hecht, by Mrs. Geo. Kleen with song, Phone 8911, Bloomington. ior More Than Life to Me." The topic FOR Spotted Poland was "With God" for our devotionals. China male pigs, weighing about The candles of Stewardship were 250 pounds. Eligible to registry. F. lighted. Mrs. Ekwall read poem, F. Versaw. 10-15-2c "Our Prayer for Today." The work of the society for the year will be the FOR team mules, 10 and building of the "Altar of Sacrifice,' 13 yrs., weight 2600, $120. Six steer which explained to us by Mrs. calves, wt about 400 lbs, pound. Ekwall. She asks of all the Harm Saathoff, Franklin. 1tc for more and greater work for the mission cause. Three delegates were FOR Leghorn Roostelected to go to the convention which ers. Fine birds priced at 50c apiece will be held at Wauneta, Nebr., Octo- while they last. Phone Hildreth, 504. ber 14, 15 and 16. Then play was Mrs. Lammert Frerichs, Upland. 1t given by number of the ladies, enFOR boars. Ready titled, "Calico Mites." Mrs. H. for service and immuned. Priced Blank reported that we had paid right. Also few Hereford bulls, everything full for the past year. ready for service. John Wessels Mrs. John Blank, our president, enFranklin, Nebr. 10-15-2c couraged every member of the society to greater for our Master in FUEL OIL-If you have an oil burnthe work for foreign missions. er for your furnace heating Secretary. stove should get MARATHON FURNACE FUEL OIL. It contains Mrs. Willie Versaw entertained at about 15% more heat units than dissix o'clock dinner party for her littillate and costs no more. SUNtle daughter, Helen May, in honor of FLOWER GAS & OIL CO., Phone 81. her birthday Wednesday, October 14. 10-18-3t After an elegant dinner the evening was spent in playing games. WOOD ON SHARES-Have decided Household Hints. year. Will give in block, Fresh tomatoes can be filled with and haul my share. John W. Robinson. almost any left-over meat or vegeFOR milk cows, one tables for a stuffed tomato salad. A Jersey half Jersey. Good filling made of chopped meat, such ones. Fred Scheuneman. 10-15-1t as chicken, veal, or tongue, cooked FOR Spotted Popeas, chopped pickle or cucumber, land China boars, weight 130 to 200 celery, and salad dressing, is very pounds. $8 $12 Henry Lipp, Phone 8432, Franklin, Nebr. good. After the tomatoes have been peeled and scooped out, they should FOR boars. Ready be seasoned inside with salt, turned for service and immuned. Priced right. Also few Hereford bulls, upside down to drain, and placed in ready service. John Wessels, the ice box until the time to fill and Franklin, Nebr. 10-1-3t serve them. FOR pure bred HampTo remove chewing gum from shire boars and The price washable dress, soften the stain with right. Thos. Eckhoff, Franklin, Nebr. egg white and then wash. 11-8-2c Pear salad is unusually good. EithANNUAL Webster County Pure Bred fresh or canned pears may be used. Boar and Gilt Sale, October 31st, If using canned pears, drain the p.m. Auld Sales Pavilion, Red Cloud. 80 head. 10-8-4t fruit, but save the pear juice for fruit punch, with lemon or orange shelled FOR dry cobs, juice added. Wash and chill the let- in September and October, 15c tuce so that it will be crisp. Arrange per cwt. at the farm. $2.50 threebox delivered. Mervin Clopine, the pears on the lettuce, with Phone 8621, 10-8-3c grated cheese and garnish with salad FOR good low with dressing. Pared fresh pears will disbox. new. color on standing. They should be 10-8-2t Franklin, Nebr. pared and cored just before serving FOR cut to fit your must have lemon juice added. stove or furnace, at farm Cottage cheese is delicious in salHenry Pile lightly on lettuce leaves 10-1-2tc Phone 8432, Franklin. cabbage. Add colorful HOLSTEINS such as diced pickled beet, few choice Holstein cows and two strips of pimiento, chopped green old heifers fresh or raw and to freshen soon. Also some excellent tomato, bulls ready for prices mayonnaise or boiled dress- young Or, more elaborate salad, FARM SUNNYNOOK with chopped nuts Nebr. Walter Post Naponee, olives and form into balls or mold Cottage cheese also combines FOR goods, with fruits, fresh, stewed, canned, salada. Franklin, any day

2. April 14, 1932 The Plainview News Plainview, NE
Article from The Plainview News, April 14, 1932

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Article Text

Nebraska State News Furnished by the Nebraska Press Association Corn production loan committees are now checking up on loan applications in 69 counties of the state. Thousands of applications for the federal money are being received at the central office in Minneapolis from this setion of the country. The checks will be going forward in a few days. It is reported that credit situations have eased since applications for crop loans have been approved by various county committees. Trenton, which has been a taxless village for several years, will continue on the same basis as a result of the recent village election there. The municipal power and ice plant has furnished enough revenue to finance Trenton's affairs and a $10,000 surplus has been accumulated. Dividends totaling $72,000 have been paid to depositors of failed banks at Naponee, Riverton, Swedeburg, Glenvil and Clay Center. The past four months have brought state tax collections amounting to $1,863,000. The collections have been mostly on personal taxes. It is only $100,000 short of the average collections for the same period for several years. State officials believe that it reflects a comparatively good general condition in Nebraska in that people are able to pay their taxes. Gasoline tax collections for March total $445,000 according to State Treasurer Bass of which $110,000 was remitted to counties as their netfourth share in the collections. Collections were about 15 per cent lower in March than in February. A contract for construction of a bridge over the Platte near Chapman was let for $38,783, and grading of the approaches was let for $9,725. This is a state aid bridge and the cost will be shared by counties benefited. Cash in the state treasury April 1, was $3,962,000 according to report of State Treasurer Bass. This is $430,000 less than a month ago. Receipts of the general fund during the month were $306,000 and disbursements $651,000, leaving a balance of $1,094,000 in the fund. The gasoline tax fund balance was reduced from $407,000 to $62,000 during the month. The motor vehicle fund balance was reduced from $299,000 to $17,000. Road building costs account for the reduction in the last two funds. Hearing was opened last week before district court in Lancaster county in the injunction suit to prevent a referendum proposition on the new truck license law, S. F. 33, at the general election next fall. Petitions were submitted in 88 counties of the state and 66,740 signers secured, asking for referendum of the law. A group of men headed by William Banning secured an injuction against the referendum matter, alleging that the petitions were not sufficient and had not been properly signed. Depositors have been taken in 80 councounties to learn the facts regarding the petitions and the present hearing is with regard to this matter. The outcome of the case will determine whether or not the truck bill will be submitted to the voters at the coming November election. The governor has announced that the state intends to pave four or five miles of the SYA highway northwest of Lincoln. Other stretches to be paved are from the Crete turn to Princeton; Pickrell to a railroad crossing south of Cortland; from Dorchester through Milford to connect with the o Street road west of Lincoln and from Holdrege east to Funk. This is about 40 miles, and some other projects are contemplated. Winter wheat in some sections of eastern Nebraska was damaged quite badly by the cold spell early in March. Wheat in the southeastern part of the state is showing a marked comeback from the effects of the cold spell. Western Nebarska wheat growers are replanting many acres of wheat as the fields were damaged by severe winds during the past few weeks. There were only 40 bank suspensions reported in the United States during March. This is the lowest monthly figure since the 1929 market crash. The report by months during the latter part of 1931 and early part of 1932 shows that there has been a steady decrease in the number of failures. The governor has issued a proclamation asking Nebraska citizens to place special emphasis on the observance of Arbor Day, April 22, since it is the one hundredth anniversary of the birth of its flounder J. Sterling Morton of Nebraska City. an unusual celebration of the event and it is being commemorated naionally through the issuance of a special two-cent postage stamp. The state democratic convention will be held in Omaha Thursday, May 5. County conventions to select delegates to the state convention will be held on Thursday, April 28. The university regents have agreed upon a reduction of ten per cent in all salaries on the university payroll above $1,000. The cut will effect nearly 700 people. The salary cut will effect a reduction of approximately $100,000. Reduction in number of instructors and laboratory assistants will save nearly $80,000. Summer school instructors' salaries will be reduced 5 per cent. The saving over a two-year period will amount to more than $300,000. Reductions were made necessary since $185,000 less is to be received from tax sources. Student fees have shown a decrease of $42,000 and departmental receipts $104,000. The latter amount is due largely to shrinkage and value in products of the state agricultural college. The enrollment at the university this semester is about 450 less than a year ago. Irrigators of the upper and lower North Platte valley held a meeting last week at Lexington and discussed matters which will improve conditions for operation of irrigated farms. A contract was let last week for the widening of the Bridgeport bridge from 10 feet to 22 feet. The structure is 700 feet long and the work will be done at a cost of $22,950. Another contract for two small bridges over the Platte river at Alda was let for $30,500. The spans are 300 and 100 feet long and replace the old ones which were taken out by ice during the winter. Half of the cost will be paid by Hall county and half by the state. Increased class freight rates have been put into effect in Nebraska through an order of the railway commission which corresponds to schedules ordered by the interstate commerce commisson several months ago. The rates apply on less than carload movements and represents an increase of 3.19 per cent in revenues. It is estimated that this will bring $225,000 additional yearly income to the railroads. A recent order of the railway commission, which put lower rates on gravel shipments into operation, were reflected in bids on state graveling projects last week according to officials of the highway department. Prices at the letting last week were somewhat lower than those paid a year ago. Bids will be taken by the state purchasing agent about the middle of this month for nearly 8,000 markers and direction signs for state and federal highways. A report recently prepared by the childfare bureau shows that 42 out of the 93 counties in Nebrsaka own and operate poor farms. Fourty-four counties do not have farms but take care of their dependent people in other ways. The other seven own farms but do not use them at present. In only two counties, Clay and Otoe, the farms are self-supporting. Last year $255,000 was spent by the other 36 counties for the maintenance of their farms and the 681 persons who live on them. The counties of the state paid $40,000 in pensions to the blind and nearly $84,000 for soldiers' relief during 1931. $335,000 was paid out in mothers' pensions during the year. The total amount spent in poor relief in the state during 1931 was $1,641,000. Railroads in Nebraska and neigh-

3. April 15, 1932 The Pender Republic Pender, NE
Article from The Pender Republic, April 15, 1932

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State Capitol News By PARK KEAYS Corn production loan committees are now checking up on loan applications in 69 counties of the state. Thousands of applications for the federal money are being received at the central office in Minneapolis from this section of the country. The checks will be going forward in a few days It is reported that credit situations have eased since applications for crop loans have been approved by various county committees. Trenton, which has been a taxless village for several years, will continue on the same basis as a result of the recent village election there. The municipal power and ice plant has furnished enough revenue to finance Trenton's affairs and a $10.000 sur plus has been accumulated. Dividends totaling $72,000 have been paid to depositors of failed banks at Naponee, Riverton, Swedeburg, Glenvil and Cay Center The past four months have brought state tax collections amounting to 1,863,000. The collections have been mostly on personal taxes. It is only $100,000 short of the average collections for the same period for several years State oficials believe that it reflects a comparatively good general condition in Nebraska that people are able to pay their taxes. Gasolise tax collections for March total $445,000 according to State Treasurer Bass of which $110,000 was remitted to counties as their net onefourth share in the collections. Collections were about 15 per cent lower in March than in February A contract for construction of a bridge over the Platte river near Chapman was let for $38,783. and grading of the approaches was let for $9,725. This is state aid bridge and the oost will be shared by counties benefitted Cash in the state treasury April 1 was $3,962,000 according to report of State Treasurer Bass This is $430,000 less than month ago Receipts of the general fund during the month were $306,000 and disbursements leavinl balance of $1,094, 000 in the fund The gasoline tax fund balance was reduced from $407,000 to $62,000 during the month. The mofor vehicle fund balance was reduced from $299,000 to $17 000 Road building costs account for the reduction in the last two funds Hearing was opened last week before the district court in Lancaster county in the injunction suit to prevent a referendum proposition on the new truck license law, S F. 33, at the general election next fall. Petitions were submitted in 88 counties of the state and 66,740 signers se cured. asking for referendum of the law A group of men heading by Willlam Banning secured an injunction against the referendum matter, alleging that the petitions were not sufficient and had not been properly signed. Depositions have been taken in 80 counties to learn the facts regarding the petitions and the present hearing is with regard to this matter The outcome of the case will deter mine whether or not the truck bill will be submitted to the voters at the coming November election The governor has announced that he state intends to have four or five miles of the SYA highway northwest of Lincoln Other stretches are to be paved are from the Crete turn to Princeton Pickrell to railroad crossing south of Cortland: from Dorchester through Milford to connect with the O street road west of Lincoln and from Holdrege east to Funk Winter wheat in some sections of eastern Nebraska was damaged quite badly by the cold spell early in March Wheat in the southeastern part of the state is showing a marked comeback from the effects of the cold spell Western Nebraska wheat growers are replanting many adres of wheat as the fields were damaged by severe winds during the past few weeks. There were only 40 bank suspensions reported in the United States during March This is the lowest monthly figure since the 1929 market crash. The report by months during the latter part of 1931 and the early part of 1932 shows that there has been a stealy decrease in the number of Irrigators of the upper and lower North Platte valley held meeting last week at Lexington and discussed matters which will improve conditions for operation of irrigated farms The governor has issued proclam ation asking Nebraska citizens to place special emphasis on the observance of Arbor Day, April 22. since it is the 100th anniversary of the birth of its founder, J. Sterling Morton of Nebraska City Mr. Morton's home town is planning an unusual celebra tion of the event and it is being commemorated nationally through the is suace of a special 2- cent postage stamp. The state democratic convention will be held in Omaha Thursday, May 5. County conventions to select dele gates to the state convention will be held on Thursday, April 28. A contract was let last week for the widening of the Bridgeport bridge from 10 feet to 22 feet. The structure is 700 feet long and the work will be done at cost of $22,950. Another contract for two small bridges over the Platte river at Alda was let for $30,500. The spans are 300 and 100 feet long and replace the old ones which weer taken out by ice during the winter Half of the cost will be paid by Hall county and half by the state. Increased class freight rates have been put into effect in Nebraska thru an order of the railway commission which corresponds to schedules orderel by the interstate commerce commission several months ago. The rates apply on less than carload movements and represent an increase of 3.19 per cent in revenues. It is es timated that this will bring $225,000 additional yearly income to the railroads A recent order of the railway commission, which puts lower rates on gravel shipments into operation, were reflected in bids on state graveling projects last week according to offi cials of the highway department Prices at the letting last week were somewhat lower than those paid a year Bids will be taken by the state purchasing agent about the middle of this month for nearly 8,000 markers and direction signs for state and fed eral A report recently prepared by the child welfare bureau shows that 42 out of the 93 counties in Nebraska owns and poor farms. Forty four counties do not have farms but take care of their dependent people in other ways The other seven own farms but do not use them at present In only two counties Clay and Otoe the farms are supporting. Last year $225,000 was spent by the other 36 counties for the maintenance of their farms and the 681 persons who live on them.