First National Bank (Glenvil, NE)

View Charter #13433 on SPMC View balance sheet

Episode Information

Episode UID
1343301617
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
134330 national
Charter Number
13433
Start Date
September 3, 1934
Location
Glenvil, Nebraska

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8246f264df9bd8a8

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1933-09-29
Date receivership terminated
1934-11-03
Share of assets assessed as good
56.2%
Share of assets assessed as doubtful
41.6%
Share of assets assessed as worthless
2.2%

Description

Articles state the bank is in liquidation and a receiver (Joseph Anderson) is in charge.

Events (3)
1. March 5, 1930 Chartered
Source
historical_nic
2. September 29, 1933 Receivership
Source
historical_nic
3. September 3, 1934 Suspension
Cause
Voluntary Liquidation
Cause Details
Bank in liquidation with a receiver (Joseph Anderson) in charge; paying claims in full with interest for past year and five months.
Newspaper Excerpt
The receiver of the First National Glenvil, Clay county, asking that all claimants call for their money at once as the bank will pay claims in full with interest added for the past year and five months.
Source
newspapers

Newspaper Articles (4)
1. March 30, 1933 The Banner-Press David City, NE
Article from The Banner-Press, March 30, 1933

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Article Text

Abed Five Months, Nevertheless Has Carried On. Associated Press Dispatch Omaha Lincoin Neb. March generally have trouble enough legislatures when but Governor Charles Bryan of Nebraska has pushed his program from sick Elected governor for the third November, bed election night with cold and basn't able to his since: His has been missing from the capitol but not his influence From his bed where he took the oath of office he has kept in close touch with the legislature, submit ted embodying his pledges and through his political lieutenworked enactment his program: He sent his inaugural message the legislature few days after heart attack and submitted his budget recommendations earlier usual, When hundreds Nebraska farmers marched on the capitol, the sick governor directed arrangements to receive them the legislative chambers and duced bill for mora- torium mortgage foreclosures which was enacted promptly the banking situation to grow serious over the na Bryan had telephone stalled by his bed and on March ordered Nebraska banking day to protect the state's financial institutions From telephone, directed arrangements for notifying banks and started plans for their reopening bill giving him tatorial power over state banks for two years was rushed through the legislature his request with dissenting votes One of the most vigorous tests with the legislature came truck fees and regulations Governor Bryan pledged work for and increases weights but legislature An attempt by the governor the trucking question tied passengerfee reduction wantby the legislature Bryan withheld his signature separate passenger car the legislators also passed the sired trucking legislation Early the session he approve his recommendations for abolition of the party circle for ratification of the duck amendment, for revaluation estate year and several measures in line campaign Bills embodying all of his inaugural suggestions the house which early approved his plans for repeal of the intan gible tax law. repeal deficiency judgment law, reduction of legal interest rates. revision the ministrative departments under the governor and several other measures for reorganization government Although Bryan's third term, been the first had The Test of Loyalty. (Edgar Howard in Columbus Telegram.) the days since the birth of the an exhibition of intense the people now displayng toward President The home folks writing to interesting evidence of the loyal everybody Fremont high school boy writes follows: President Roosevelt could be ted king of America he should ask people The evidence loyalty to our new comes from charming lady in Tekamah. She writes as follows: "So strong and so wonderful the devotion of our to Presipeople dent Roosevelt that really lieve every one in Nebraska would instantly obey the president should issue proclamation calling upon the citizens to assemble given stated hour the public parks and stand on their heads for one full minute.' reckon these word pictures the loyalty of the home folks may just little overdrawn, but am ready to believe that president of the United States ever enjoyed in time of peace such stant and intense loyalty on part the people as in this hour idenced in every nook and corner the county in behalf of President Roosevelt

2. September 3, 1934 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, September 3, 1934

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Article Text

MORE OR LESS The rain ended the drouth not only did that but faces that long again began began more often. There was to living Many had forage late them far along insure benefit the and the short season able vision greater supply stock feed. The ground, better than has crop year ready receive again farmers happy. Fall wheat seeding begin once. Farmmaking their plans year come. The upturn markets given them more money for what they have left all helped and mentally great Many who days look the face. They after the crop year of 1895 the the 1894. History has of itself. So far as this part the state no flood. came short instalments water soaked into ground. drainways hardly showed effect the moisture conserved by the thirsty soil. About two inches water has The making mantle the to have fallen on the state fair. Captain Shively of the police partment, charge traffic enforcement, finds 250 the given during August reported the books. That that 250 people traf fic tags no heed police captain to to the people paid no attention tags. Paying attention story, but being kept now, didn't The kept show who ported and did not. The receiver of the First National Glenvil, Clay county, asking that all claimants call for their money bank will claims full interest added for the and months. This unusual situation following the liquidation of bank that has caused Joseph derson the bank receiver charge. Cass county republicans by reso lution ask that state capitol cleaned out "from the playground the Sower on the Further Cass county would revise the of nomipublic that the present results in the election of Part that charge made the convention system. further to crecy operation of state partments. Sutherland, the oil and dealers Bulletin Sept. "We not going to that violators prosecuted the dozen week. However, can and that the ernment greatly procedure cases for to flow the work the prices, the which prosecution thought Concerning the recent attempt state increase gasoline prices, Sutherland says: effort restore stabilize kets Nebraska largely informal. Future be made with sanction the authorities. recent movement the co-operation proximately percent the bers unhappy permits the work of the vast majority.'

3. September 4, 1934 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, September 4, 1934

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Article Text

MORE OR LESS The ended the drouth in not that but faces that had been rather long for months again began to assume their normal shape. People began smile There living Many forage crops them along insure benefit from the rain and short yet left were able supply stock ground, in the crop receive their plans The upturn has given them they and great Many look the that after the big the the has of itself. far this state there no flood. came short instalments soaked into the ground. drainways showed effect moisture conserved the thirsty soil. About two inches of water has recent series making mantle the Epworth to have fallen on the fair. Shively the police partment, finds 250 the given out during on the books. That 250 people traftags paid heed to police captain to to the people attention tags. attention tags an but the record kept being didn't report. The ords show ported and who did not. The receiver the First tional bank Glenvil, Clay county, asking that all claimfor their money at once bank claims full interest added for the months. This unusual situation following the liquidation of bank that has caused Joseph derson the bank receiver charge. Cass county republicans by resolution ask state capitol cleaned "from the tented playground the basement to Sower the FurCass county republicans revise the manner nominating public holding that the present confuses and results in the unfit charge against convention system. convention further on record secrecy partments. Sutherland, in the and Bulletin for Sept. not going to violators prosecuted the dozen and do that the ernment cases for to the the of work the move to office on upon which thought Concerning the recent attempt this gasoline prices, Mr. Sutherland restore and stabilize kets Nebraska largely informal. be with sanction authorities. recent movement the wholehearted co-operation proximately of the bers in state. unhappy state affairs which permits percent an industry wreck the work of the

4. September 14, 1934 The Howells Journal Howells, NE
Article from The Howells Journal, September 14, 1934

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Article Text

The receiver of the First National bank of Glenvil, in Clay county, is asking that all claimantscall for their money at once as the bank will pay claims in full with interest added for the past year and five months. This is such an unusual situation follow. ing the liquidation of a bank that it has caused some comment. Joseph Anderson is the bank receiver in charge.-Lincoln State Journal. They are having a pine cone harvest in the Black Hills forest of 1000 bushels, considered an unusually large yield. The work is being done by the CCC boys after which fhe seed extractory at Custer will be put in operation, The seed is to be shipped to Nebraska to the federal nursery at Halsey. For the benefit of the curious it is stated that a bushel of pine cones make a pound of seed, and that a pound of seed contains about 13,000 seeds. Big newspapers of the midde west have sent writers into the field to find out what the situation is. Both the Kansas City Star, sending writers into Missouri and Kansas, and the Omaha World-Herald, which has investigated Nebraska, have found the same thing-that there is a vast amount of purchasing power on the farms in the form of stored grain and live stock. The farmers' spending money is increasing, too, because produce which he brings to town ev. ery Saturday to sell, such as chickens, eggs and cream, are more valuable in dollarsand cents. Nebraska purchasing power, the part that comes from the farm, will be greater this year than last, the World-Herald has discovered. And at the Kansas State fair implement manufacturers have set up the biggest exhibit in years. That is a very good sign, because they expect to sell their stuff and they know money will be available to pay for it.-Nebraska City News. A. H. Miller of Blair, president of the Nebraska state fair board, indicates that the coming legislature will be asked to appropriate at least $125,000 and perhaps an additional similar amount for maintaining the exposition and paying off its debts. The total paid admissions this year are estimated at about $55,000. Counting up the total receipts and expenses, the board members hope that $10,000 will cover the deficit. Tekamah's new $45,000 federal bridge isbeing dedicated today and observed with a two day celebration. Governer Bryan gave the dedicatory address. Sherman Henrickson of near Eagle, king of the cornhuskers who won the championship at the national cornhusking contest at West Point last fall, is seeking for cornfields to afford him opportunity to practice and get himself in shape for the 1935 national contest. It is thought that the state contest may be held November 1 or 2 in a field selected in the Elkhorn or Platte river valleys in eastern Nebraska or in some irrigated field further west. The national contest will be somewhere in Minnesota November 8 or 9. The Nebraskan's record that won him the championship was 27.62 bushels of corn net husked in 80 minutes.