13548. Roseland State Bank (Roseland, NE)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
October 7, 1931
Location
Roseland, Nebraska (40.470, -98.559)

Metadata

Model
gpt-5-mini
Short Digest
6c963130

Response Measures

None

Description

The articles (Oct 21-22, 1931) report the Roseland State Bank had suspended business for about two weeks and then resumed after a $25,000 subscription of new capital and restrictive withdrawal agreements by depositors. No explicit run is described; actions are a reorganization and temporary suspension followed by reopening.

Events (3)

1. October 7, 1931 Suspension
Cause Details
Article(s) mention suspension but give no specific cause (no rumor, panic, correspondent failure, or government action reported).
Newspaper Excerpt
the bank had suspended business two weeks ago.
Source
newspapers
2. October 21, 1931 Reopening
Newspaper Excerpt
Fortified by $25,000 new capital stock, subscribed by persons of Roseland, the Roseland State Bank was doing business again today. The bank had suspended business two weeks ago.
Source
newspapers
3. October 22, 1931 Other
Newspaper Excerpt
Depositors Agree to Restricted Withdrawals for Safety of ... Roseland State Bank opened Monday morning, October after weeks' suspension ... plan called for new capital stock amounting to $25,000 ... Restrictive agreements limiting withdrawals were signed by virtually 100 percent of the depositors.
Source
newspapers

Newspaper Articles (7)

Article from Lincoln Journal Star, October 21, 1931

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ROSELAND PEOPLE BOLSTER UP BANK (UP), Fortified by $25,000 new capital stock, subscribed Roseland, by the Roseland State bank doing business again. The bank suspended two weeks


Article from The Columbus Telegram, October 21, 1931

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her husband's wealth at $100,000, Mrs. Malinda M. Day asks for half of it in divorce suit filed here. The husband, Howard Day, treasurer wholesale rubber company started by his father. His annual income is $15,000, Mrs. Day Fremont, Oct. 21 (LP) ResoluState Bank Reopens Roseland. Oct. 21 by $25,000 new capital stock, subscribed to by persons of Roseland, the Roseland State bank domer.'s clubs. A general banquet ing business again today. The bank will suspended business two weeks Resolutions read to the convenago. Held For Forgery Nebraska City, Oct. county officers were holding Joe to prevent recurrence of general 46. today on forgery charge. Officers believe he has been operating Nebraska for armament conference, urged bettime. When Miller presented check at local drug Sheriff Ryder stepped from behind case and arrested him. PROJECTS the dramtic department of the FreThe convention will terminate to-


Article from Fremont Tribune, October 21, 1931

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BANK AT ROSELAND IS GIVEN SUPPORT LAVAL IS ROSELAND, NEB., Oct. 21 (U.P.) Fortified by $25,000 capital stock, by residents of Roseland, the Roseland State bank doing again. The bank suspended business two weeks NEAR END LEAGUE HEADS OF VOYAGE LOSE PATIENCE French Premier Nervous Manchurian Dispute Drags On GENEVA, Oct. of Nations quarters outwardly impatient today at the delay in approaching solution of the Manchurian dispute. Adjournment of the league council was discussed. admitted the growing worse despite hopes aroused through President Aristide private the Chinese and gates. The situation was aggravated by reports that Secretary of Stimson, September opposed sending league commisinquiry into which Japan opposed, now supporting Japanese for no fixed date for of troops from Council demanded solution the this week believed it and cuggested immediate meeting in or three weeks Paris. League leaders maintained that Japan had the the league and Japan not tween China and Japan For the reported American an date for port drawal Japanese troops was welcome The Japanese delegation today Chief Delegate kichi Yoshizawa not received instructions Tokyo Briand's request clarify Japanese demands for security recognition treaty rights and fixthe basis of future relations Japan insists these must precede the withdrawal troops from the Manchurian railway asked the that 3,000 addiJapanese troops into Manchuria on the night Japan insisted in statement the press that the sued situation the railroad The staterefusal withdraw Japanese troops immediately The Japanese, the statement said either contributed the viragreement railway line Mantually every churia. charged the Chinese violated agreements and began systematic violence against railway guards and Japanese soldiers. culminated. the The campaign Japanese in the execution of Captain Japanese ficer said have executed Chinese soldiers Manchuria. alleged execution the kyo office for arouse also charged ChinThe ese with attacks on Koreans. "Under and atmosphere, the retreat Japanese troops statement said. restore tranquility and of assuring and and fixing future relations on basis collaboration stead of aggression.' at Prospect of First View of United States SPEAKS NO ENGLISH To Rely On Interpreters in Conversations With Hoover BY RALPH HEINZEN United Press Staff Correspondent ABOARD ILE DE FRANCE France neared New York today and frightened by prospects of his first The voyage Laval's third trip France London and BerBecause speaks no the formal phrases the consulted inthe his reply reporters when he asked what he thinks in exchange markets world during the France war might secondary question an international measures insure the strength of the gold Any discussions of the gold standard would the question insisted no of mentioning tariffs during his visit to President Laval quite in accord with the theory that has been credited that must put the Kellogg Briand pact become an effective preventing war The theory behind the strength ening total elimination Under the there be no such The signatory the pact would be asked break (Continued Page Seven)


Article from The McCook Daily Gazette, October 21, 1931

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Nebraska Briefs Broken on a new federal building for Broken Bow will be opened in Washington the first week in November, according to an announcement received by the post master here. Lincoln-Charles Mitchell, Huron, S. D., publisher and district governor of Rotary, was in Nebraska today. The district governor addressed the Lincoln Rotary club. Mullen-Teachers in the schools of Mullen, Dunning, Seneca, Thedford, Whitman, Hyannis, Ashby and Bingham have organized the Sandhills Teachers association. Edgar-It took 19 big crates to pack the bones of a prehistoric monster found here to be shipped to the Colorado state museum at Denver. The bones, unearched near Angus, weighed 4,440 pounds in the boxes. Omaha Ralph Kelley, El Centro, Calif., was the sixth victim of bad liquor here this month. Kelley died Tuesday in hospital after being found several hours before in a conscious condition. Police are making an effort to discover the source of the poison D. Morris, of Wahoo Leo Omaha, who had been charged with stealing chickens of Saunders county farmers, was acquitted by district court jury here today. The jurymen deliberated three and a half hours. lovers' lane bandits, posing as secret service men, held up Ben W. Cotton, scion of prominent family, and Miss Emma Hrouda near the latter's home last night. Cotton was broke and the robbers spurned rings and wrist watches. Omaha- Estimating her husband's wealth at $100,000, Mrs. Malinda M. Day asks for half of it in a divorce suit filed here. The husband, Howard J. Day, is treasurer of a wholesale rubber company started by his father. His annual income is $15,000, Mrs. Day averred. Roseland-Fortified by $25,000 new capital stock, to by persons of Roseland, the Roseland State Bank was doing business again today. The bank had suspended business two weeks ago. Nebraska City- Otoe county officers were holding Joe Miller, 46, today on a forgery charge. Officers believe he has been operating in Nebraska for some time. When Miller presented a check at local drug store, Sheriff Ryder stepped from behind a case and arrested, him. Orchard- Highway Patrolman John Dixon died during the night from injuries sustained when he was struck by a passing motorist. The driver of the car is unknown. Lincoln-Ed Krumland, of Columbus, cream station operator, was fined $10 and costs for permitting an unlicensed employe to test cream on basis of butterfat contents, it was announced to day by the department of agriculture. William Tussey, 50, of DeWitt, died here today of injuries sustained in an auto mobile crash south of Beatrice Sunday. Ten persons were hurt in the accident. Gazette Want Ads Bring Results


Article from Lincoln Journal Star, October 21, 1931

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ROSELAND PEOPLE BOLSTER UP BANK (UP). Fortified by $25,000 new capital stock, scribed citizens Roseland, by the State bank is doing again. The bank pended business two weeks ago.


Article from York News-Times, October 21, 1931

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WOMAN ON STAND AT HER TRIAL TUESDAY Fate of Mrs. Velma Creighton May Be Placed in Hands of Jury Before Night HASTINGS, Neb., Oct. 21. (U.P.) The case of Mrs. Velma Creighton, charged with receiving money known to have been stolen in the $27,000 robbery of the Hastings National bank. was placed in the hands of a district court jury at 11:30 today. HASTINGS Neb.. Oct. Jurors hearing the trial of Mrs. Velma Creighton, charged with receiving money known to have been stolen in the $27,000 robbery of the Hastines National bank here last February. were expected begin deliberating her fate today. The defense was xpeeted to conclude its case today and the final arguments to be made before noon. Defense testimony so far presented has been featured by the examination on the witness stand of Mrs. Creighton. young mother of two children and wife of James Creighton, facing death sentence in Missouri for murder During the more than one hour of questioning by her own and prosecuting attorneys. Mrs. Creighton told the story of her life from the time she quit school in the 10th grade to accept employment in a five and ten cent store. In 1928, she said. she married James Creighton, now under sentence of death in Missouri and a confessed participant in the bank robbery here. She had known Creighton hut three months prior to their marriage. she said. The accused woman told of numérous trips made with her husband who lost his job at Shawnee, Okal. These trips, she said, were represented to be with a view to finding employment. It was on such trip, she said, that she came to Hastings. She claimed her husband represented that he planned to purchase drug store here. She had no knowledge, of the robbery she said. until the time of her arrest. She claimed the $810 found in her clothing had been given her by James Thomas, Creighton's companion, now serving a prison term. Thomas, she said, told her he secured the money through liquor sales. ers association. EDGAR, Neb., Oct. 21. (U.P.)-It took 19 big crates to pack the bones of prehistoric monster here to be shipped to the Oolorado state museum at Denver The bones, unearthed near Angus, weighed 4,440 pounds in boxes. HIAWATHA, Kas., Oct. 21. (U.P.)Family keepsakes did not mean anything to three bandits who held up Charles Hayward, night clerk at the Moreland hotel here. He told them his diamond ring was given him by his mother. They took it anyway. ROSELAND, Neb., Oct. 21. (U.P.)Fortified by $25,000 new capita! stock, subscribed to by persons of Roseland, the Roseland State bank was doing business again today. The bank had suspended business two weeks ago. NEBRASKA CITY, Neb., Oct. 21. (U.P)-Otoe county officers were holding Joe Miller. 46. today on a forgery charge. Officers believe he has been operating in Nebraska for some time. When Miller presented a check at local drug store, Sheriff Ryder stepped from behind a case and arrested him. LINCOLN, Neb., Oct. 21. (U.P.)Two anthrax quarantines were lifted today by the state division of animal husbandy. The quarantines were on the A. E. Burkenshaw ranch. in Keya Paha county and the Ralph Lundquist farm in Antelope county. A total of 267 cattle and logs were affected by the release. LINCOLN, Neb., Oct. 21. (U.P.)Ed Krumbland, of Columbus, cream station operator, was fined $10 and costs for permitting and unlicensed employe to test cream on basis of butterfat contents. ft was announced today by the department of agriculture. LINCOLN, Neb., Oct. 21. (U.P.)Mark J. Ryan, of Pender. today filed as candidate for re-election as district judge of the eighth judicial dis-


Article from The Hastings Democrat, October 22, 1931

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REORGANIZED ROSELANDBANK Depositors Agree to Restricted Withdrawals for Safety of HALL CONTINUES CASHIER Bank Forced Suspend Weeks Since, But Its Resources Well Protected Whole Community Backs the Reorganization. (By Staff Correspondent) Roseland, October Roseland State Bank opened Monday morning, October after weeks' suspension of business during which time re-organization effected. plan outlined to provide for continuance of the bank and insure against misfortune called for vision and concerted action. The wholehearted response not only fine expression of faith the institution, but splendid example of the practical operation spirit. meeting of depositcalled ning, October and the financial of the full, those present viewed the situation with calm campaign immediately launched to new capital stock amounting to With the past weeks this amount has been fully Restrictive agreements posit withdrawals were signed by virtually percent of the depositors. Over out-standing and of the community have become the tution. At meeting held Saturday evening the following directors chosen: Klein, Lynch, Whelan, Ot. Miller, Leland Hall and Fred Ehrman. The president, Lynch; dent, John Klein; cashier, Leland Hall; assistant cashier, Edward Hall, Until the present re-organization the Roseland State Bank was under the management for years. established March 1904, with Mrs. Laura Hall, president, and Edward Hall, cashier. During the latter part that Duncan Henry Favinger became stockholders, the former becoming president, and the latter vice After Favinger's death in Eric Johnson Hall succeeded Duncan with Hall, cashier. bank into the brick building equipped with safety deposit vaults and other modern features. In August, 1925, consolidated with the Citizens State Bank which years. Hall, founder of the bank during the past 27 years contributed much toward the development the friends regret that failing health necessitates his retiring from tive business.