Bank of Roseland - Roseland, NE

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: January 7, 1932
Location: Roseland, Nebraska (40.470, -98.559)

Metadata

Model: gpt-5-mini
Short Digest: f3eb121d

Response Measures

None

Description

Article (The Stratton News, 1932-01-07) states nine banks have been reopened, listing Roseland among them; implies Bank of Roseland had previously suspended and was restored to solvency by stockholders with depositor cooperation. No explicit mention of a run or of dates of suspension; reopening reported in this article.

Events (2)

1. January 7, 1932 Reopening

Newspaper Excerpt: Nine banks have been reopened during recent months. They have been restored to solvency by stockholders with the cooperation of depositors. These banks are located at Spencer, Broken Bow, Hildreth, Wallace, Huntley, Roseland, Omaha and two at Edgar.
Source: newspapers

2. * Suspension

Cause Details: Earlier suspension not dated in article; bank later restored to solvency by stockholders and depositors.
Newspaper Excerpt: Nine banks have been reopened during recent months. They have been restored to solvency by stockholders with the cooperation of depositors. These banks are located at ... Roseland ...
Source: newspapers

Newspaper Articles (1)

1. January 7, 1932 The Stratton News Stratton, NE

Article from The Stratton News, January 7, 1932

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Article Text

STATE CAPITOL NEWS Paving the gap of 26 miles from Columbus to Clarks has been tentatively added to the road building progrom for 1932. The paving of this stretch will complete the final link in a continuous 160 mile stretch from Omaha to Alda, six miles west of Grand Island. The annual report of the state superintendent of schools shows the total receipts for the year 1931 to have been $32,501,611 and the expenditures $28,114,616. The receipts in 1930 were $33,071,609 and expenditures were $27,853,595. Although the receipts decreased in 1931 and the expenditures increased as compared with 1930, the 1931 receipts were nearly 5 millions 1 ess than in 1926 and the expenditures about 3 millions less. Teachers' salries in 1931 showed an increase of about $230,000 over 1930. Both years the total salaries were in excess of 15 millions. The annual report of the state superintendent of schools shows the total enrollment in Nebraska schools to be 420,000. Rural schools have 171,000 students while city schools have 248,000. Starting the first of the year, 25 railroads will accept less than carload lots of livestock up to 500 miles. The charges will be more than full carload rates but less than the rate which has been in effect. Although business did not reach the dollar volume of last year, the actual tonnage of Christmas goods showed an increase in more than half of the cases where surveys were made. The 813 inmates of the state penitentiary received 3500 Christmas parcels. A large Christmas tree was arranged in the new chapel for the men while the sixteen women inmates had a tree in their own quarters. 150 chickens were dressed for the holiday meal and headed the menu. Prisoners presented a minstrel show Christmas night to a crowd of 1300. Out of 353 cases tried in federal courts in Nebraska during 1931, 258 convictions were obtained. The cost of the actins was $182,000. Of nearly $30,000 assessed in fines and judgments only $11,000 has been collected. Nine banks have been reop ned during recent months. They have been restored to solvency by stockholders with the cooperation of depositors. These banks are located at Spencer, Broken Bow, Hildreth, Wallace, Huntley, Roseland, Omaha and two at Edgar. A remittance of $11,000 for state taxes covering tre past five months has been received from Boyd county by State Treosurer Bass. Since that for $163 instead of $210. should not be confused with George Jackson, secretary of the state fair two national conventions as well as