Venango State Bank - Venango, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 5, 1931
Location: Venango, Nebraska (40.764, -102.041)

Metadata

Model: gpt-5-mini
Short Digest: 272dcbf7

Response Measures

None

Description

OCR errors corrected. Article (Beatrice Daily Sun 1931-10-05) reports the Venango State Bank, Venango (Perkins County, NE) was closed for liquidation. No mention of a depositor run; described as closing for liquidation.

Events (1)

1. October 5, 1931 Suspension

Cause: Voluntary Liquidation
Cause Details: Closed for liquidation; capital stock and deposits about $50,000 reported; announced closing by banking department officials.
Newspaper Excerpt: announced today the closing of the Venango State bank Venango for liquidation. Capital stock was and deposits about $50,000. Venango in Perkins county.
Source: newspapers

Newspaper Articles (1)

1. October 5, 1931 Beatrice Daily Sun Beatrice, NE

Article from Beatrice Daily Sun, October 5, 1931

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Article Text

HINDS AND HUCKETT REMOVED TO PRISON TO FINISH SENTENCES George O. Huckett. Wymore, and Charles N. Hinds, Odell, who been in confinement at the county jail were removed the state penitentiary Monday by Sheriff Tom Dunn. Huckett was found guilty of son year ago and sentenced from five years. He failed to establish an alibi after plosion had wrecked his and investigators found oil soaked clothing in the ruins. Hinds, five years for violation of the state banking laws in with the failure of the Hinds State bank of Odell. Huckett has been in the county jail since November 1930. BANKS SUSPENDS banking department officials nounced today the closing of the Venango State bank Venango for liquidation. Capital stock was and deposits about $50,000. Venango in Perkins county. Harold Baxter of Johnson cousBeatrice business visitor today.