1.
November 22, 1928
The Wakefield Republican
Wakefield, NE
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Farmers Bank Quits; Security to Pay Soon
WAKEFIELD'S REMAINING BANK CLOSES ITS DOORS TUESDAY; BLAME WITHDRAWALS
The Farmers National Bank of Wakefield failed to its doors re-open after the noon closing hour on Tuesday, of this week, and the institution is now in the hands of the comptroller of currency. The only explanation given was sign on the door which read fol-
"Closed Due to Heavy WithPending Re-Organization. By Order of Board of Directors."
Later another notice was posted side it, and the first notice moved. The second notice
"This Bank, Under the DIrection of the Comptroller of the Currency in charge of Ross, National Bank Examiner. By Order of the Board of Directors."
Whether the so-called run on the bank which apparently had developed within the last few days was directly responsible for the closing of the bank is only matter of conjecture. Mr. M. A. Ross, examiner, who in charge, refused to make any statement other than that receiver would take charge of the bank, he believed, very soon. Officers of the institution had no statement to make to the public. R. H. Mathewson was president of the bank; H. Ware, vice president; and H. Bowman, cashier. The bank was one of the oldest institutions in this section of the country, having formerly been known the Farmers Traders Bank, and several years ago continued the Faremrs National. After taking over the interests of the old First Nationbank here few years back, the bank has always been considered one and considered to the try, last. The closing of the bank leaves Wakefield without bank or any banking facilities, with the exception of the accomodation offered by the Security State bank, which being operated under the direction of the State Guarantee Fund Commis-
SECURITY STATE BANK TO MAKE ANOTHER PAYMENT IN THE NEAR FUTURE
One bright spot on the horizon of the banking situation in Wakefield the fact that the Security State Bank of this place will pay out another dividend within the very near future. This information was given The publican for publication on Wednesday morning while the editor was in conversation with Mr. M. Strunk of the guarantee fund commission, who in charge of the bank. Mr. Strunk stated that he could not give the exact date, or the exact amount of the payment, but that the payment would be made very fact the department was at the present time making preparations for the payment and definite announcement would be made shortly. It was while making the above nouncement that Mr. Strunk told could announce that the Security State bank was ready to offer every accomodation possible during the present emergency. He stated that while it impossible for them to loan money, they could accept checking accounts and handle such business in accomodating manner any bank might do. He also stated that he could guarantee that when the time comes that receiver would be appointed for the bank, drafts would be drawn for the amount of every account in the bank and paid out before the bank closed.
2.
November 29, 1928
News-Chronicle
Wisner, NE
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NATIONAL BANK AT WAKEFIELD CLOSED
The Farmers National Bank of Wakefield failed to re-open its doors after the noon closing hours on Tuesday of this week, and the institution is now in the hands of the comptroller of currency. Whether the so-called run on the bank which apparently had developed within the last few days was directly (responsible for the closing of the bank is only a matter of conjecture. Mr. M. A Ross, examiner, who is in charge, refused to make any statement other than that a receiver would take charge of the bank, he believed, very soon. Officers of the institution had no statement to make to the public. R. H. Mathewson, was president of the bank; H B. Ware, vice president and H. A. Bowman, cashier. The bank was one of the oldest institutions in this section of the country, hav ing formerly been known as the Farmers and Traders Bank, and several years ago continued as the Farmers National. After taking over the interests of the old First National bank here P few years back, the bank has always been considered as one of the most stable in the country and was so considered tothe last.
The closing of the bank leaves Wakefield without a bank or any banking facilities, with the exception of the accommodation offered by the Security State bank, which is being operated under the direction of the State Guarantee Fund Commission-Wakefield Republican.
3.
November 29, 1928
News-Chronicle
Wisner, NE
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NATIONAL BANK AT WAKEFIELD CLOSED
The Farmers National Bank of Wakefield failed to re-open its doors after the noon closing hours on Tuesday of this week, and the institution is now in the hands of the comptroller of currency. Whether the so-called run on the bank which apparently had developed within the last few days was directly (responsible for the closing of the bank is only a matter of conjecture. Mr. M. A Ross, examiner, who is in charge, refused to make any statement other than that a receiver would take charge of the bank, he believed, Very soon. Officers of the institution had no statement to make to the public. R. H. Mathewson, was president of the bank; H B. Ware, vice president and H. A. Bowman, cashier. The bank was one of the oldest institutions in this section of the country, hav ing formerly been known as the Farmers and Traders Bank, and several years ago continued as the Farmers National. After taking over the interests of the old First National bank here P few years back, the bank has always been considered as one of the most stable in the country and was so considered tothe last. The closing of the bank leaves Wakefield without a bank or any banking facilities, with the exception of the accommodation offered by the Security State bank, which is being operated under the direction of the State Guarantee Fund Commission-Wakefield Republican.
4.
April 28, 1929
Lincoln Journal Star
Lincoln, NE
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PAYS BIG BANK DIVIDEND
Receiver of Farmers National at Wakefield to Distribute 45 Percent
WAKEFJELD, Neb.- George G. Cronkleton, receiver of the Farm. ers National bank of Wakefield, has forwarded checks to the comptroller of the currency at Washing ton, for signature, representing the payment of first dividend of 45 percent to the creditors. Claims against the failed bang aggregate about $400,000. The bank suspended last Nov. 20, and the receiver, in addition to paying the present divi dend, has liquidated secured indebtedness of over $44,000. The dividend will be paid as soon as the checks are returned from comptroller's office, and will amount to nearly $176,000 The receiver states that the Wakefield trust will pay other substantial dividends in the future.
Some 8,086,263 persons have ascended Washington
5.
April 28, 1929
Omaha Sunday Bee-News
Omaha, NE
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Pays Dividend on Wakefield Bank
WAKEFIELD, April 27. George G. Cronkleton, receiver of the Farmers National bank of Wakefield, Neb., announces that ha has forwarded checks to the comptroller of the currency at Washington for signature representing the payment of first dividend of 45 per cent to the creditors. Claims against the failed bank aggregate about $400,000. The bank suspended on Nov. 20, 1928, and the receiver in addition to paying the present dividend has liquidated secured indebtedness of over $44,000. The dividend will be paid as soon as the checks are returned from the comptroller's office and will amount to nearly $176,000.
6.
April 29, 1929
Beatrice Daily Sun
Beatrice, NE
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FIRST DIVIDEND FROM DEFUNCT WAKEFIELD BANK
Wakefield. Nebr., April 29. George Crockleton, receiver the Farmers' National bank of place, has forwarded checks the comptroller of the currency Washington for signature, resenting the payment first dividend per cent to the creditors. Claims against failed bank aggregate about $400,000. The bank suspended last November 25.
Ulster chequer finished the fiscal year surplus of $94,478. There been similar result every government in 1921,
7.
April 29, 1929
The Omaha Morning Bee-News
Omaha, NE
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Depositors to Get 45 Per Cent
WAKEFIELD, April 28, George Cronkleton, receiver of the Farmers' National bank, has forwarded checks to the comptroller the currency Washington for signature, representing the payment of first dividend 45 per cent to the creditors. Claims against failed banks aggregate about $400,000. The bank suspended last Nov. 25.
8.
May 2, 1929
Star-Herald
Scottsbluff, NE
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45 Per Cent Claims of Depositors to Be Paid by Comptroller
Wakefield. May I-Geo. G. Cronkleton. receiver of the Farmers National bank of Wakeffeld. Nebr announces that he has forwarded checks to the comptroller of the currency at Wash ington for signature representing the payment of a first dividend of 45 per cent to the creditors. Claims against the failed bank aggregate about $400.000. The bank suspended on November 20. 1928. and the receiver in addition to the paying the present dividend has liquidated secured indebtedness of over $44,000. The dividend will be paid as soon as the checks are returned from the comptroller's office and will amount to nearly $176,000.
9.
May 2, 1929
The Nebraska Journal-Leader
Ponca, NE
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BIG DIVIDEND
WILL BE PAID
RECEIVER OF THE FARMERS
NATIONAL BANK TO PAY OUT 15 PER CENT
Announcement is made that the first dividend of 45 per cent will be paid soon to the creditors of the Farmers National Bank of Wakefield. The claims aggregate about $400, and the total amount to be distributed will be about $176,000. The chrecks and schedules have been made up and sent to the comptroller's office at Washington and when the checks are received by the receiver, duly signed by the Comptroller, the dividend will be paid. This will probably be in about two weeks. The bank suspended business November 20, 1928, just a few days more than five months ago, and in addition to the amount of the present dividend the receiver has paid off approximately $58, of secured indebtedness. Those in charge state that there will be other substantial dividends paid in the future.
10.
May 2, 1929
Superior Weekly Journal
Superior, NE
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WAKEFIELD BANK PAYS CREDITORS
George G. Crockleton receiver of the Farmers' National bank at Wakefield, has forwarded checks to the comptroller of the currency at Washington for signature, representing the payment of first dividend of forty-five per cent to the creditors. Claims against the failed banks aggregate about $400,000. The bank suspended last Nov. 25.
11.
May 3, 1929
The Pender Republic
Pender, NE
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Pays Dividend on Wakefield Bank
George G. Cronkleton, receiver of the Farmers National bank of Wake. field, annunced that he has forwarded checks to the comptroller of the currency at Washington for signature representing the payment of first dividend of 45 per cent to the creditors, when in Pender last Saturday Claims against the failed bank ag. gregate about $400,000. The bank suspended on November 20. 1928. and the receiver in addition to paying the present dividend has liquidated secured indebtedness of over $44,000. The dividend will be paid as soon as the checks are returned from the comtroller's office and will amount to nearly $176,000.
12.
May 9, 1929
Sumner News
Sumner, NE
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CLOSED WAKEFIELD BANK PAY DIVIDEND G. Cronkleston, receiver of the Farmers National bank of Wakefield. announces that he has forwarded checks to comptroller of the currency at Washington for signature representing the payment of a first dividend of 45 per cent to the creditors of that trust. Claims against the failed bank aggregate about $400,000. The bank suspended November 20, 1928, and the receiver in addition to paying the present dividend has liquidated secured indebtedness of $44,000. The dividend will be paid as soon as the checks are returned from the comptroller's office and will amount to nearly $176,000. The receiver also states that the Wakefield trust will pay other substantial dividends in the future.
13.
May 10, 1929
Clearwater Record
Clearwater, NE
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CLOSED WAKEFIELD BANK TO PAY DIVIDEND WAKEPIELD (Special) George Cronkleston, receiver Farmers National Wakefield, that he forwarded checks comptroller curWashington representing payment first dividend cent crediof Claims against failed aggregate about $400,000. bank suspended vember and receiver addition paying present dividend liquidated secured be checks returned comptroller's and amount nearly $176,000. receiver substantial dividends in future.
14.
May 10, 1929
The South Sioux City Mail
South Sioux City, NE
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CLOSED WAKEFIELD BANK PAY DIVIDEND George Cronkleston, receiver of the Farmers National bank of Wakefield. announces that has forwarded checks to comptroller of the currency Washington for signature representing the of first dividend per cent creditors of that trust. Claims against the failed bank aggregate about The bank suspended November 20, 1928, and the receiver addition paying the present dividend has liquidated secured indebtedness of The dividend will be paid soon as the checks are returned from the comptroller's office and will amount nearly $176,000. receiver states that Wakefield trust will other substantial dividends in future.
15.
May 16, 1929
The Wakefield Republican
Wakefield, NE
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Bank Now Paying to Its Depositors
RECEIVER BEGAN HANDING OUT DIVIDEND CHECKS MONDAY AFTERNOON
The receiver of the Farmers National Bank of Wakefield is ready to issue the dividend checks for the 45% dividend to be paid by the bank. The checks were received from Washington and orders received begin issuing them on Monday. Payments were started on Monday ternoon. All persons are required to call the office and sign receipt before the check can be obtained. Each person must sign for other words, one cannot sign for one else and get the check. The receiver anxious to deliver all checks and asks that persons who had deposits in the bank call for their checks promptly possible. Announcement that 45% dividend would be paid was made in The Republican two weeks ago, but the checks were not received until Monday by the receiver. The amount money to be distributed will total close to The bank suspended business on November 20, last, and in addition to the above dividend, the receiver has paid off over of cured indebtedness.