Farmers & Merchants Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 12, 1931
Location: Wymore, Nebraska (40.122, -96.663)

Metadata

Model: gpt-5-mini
Short Digest: c4b68433

Response Measures

None

Description

Article (Beatrice Daily Sun, 1931-09-13) reports transfer of receivership for four failed state banks, including the Farmers & Merchants Bank of Wymore. No run or reopening is mentioned; the bank is described as failed and in receivership, so classified as suspension_closure (permanent closure/receivership).

Events (1)

1. September 12, 1931 Receivership

Newspaper Excerpt: the Farmers Merchants bank Wymore ... receivership transfers of nine failed state banks ... was ordered today
Source: newspapers

Newspaper Articles (1)

1. September 13, 1931 Beatrice Daily Sun Beatrice, NE

Article from Beatrice Daily Sun, September 13, 1931

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Article Text

BLISS LOSES RECEIVERSHIPS OF FOUR BANKS Judge Orders Transfer to Secretary Luikhart TURNS DOWN STATE PRO-RATA PROPOSAL District Judge Fred W. Messapproved the transfer the of the four failed state banks in the Eighteenth judicial district from Clarence Bliss H. Luikhart, secretary of the state department trade and The affected the affairs of the Hinds State bank of Odell, the State bank. the Farmers Merchants bank Wymore and the Farmers State bank of Adams. The hearing, which was featured by review of final reports receivership the former state bank receiver and by arguments in respect to allowance of costs, came yesterday as sequel to an earlier one held at with Judge Messmore presiding, in which Bliss made an unsuccessful attempt to maintain the post from which Governor to reject Though Bliss of his duties, Judge ed Bliss' contention that the affairs of bank within the of the judiclary and not the executive department. Too Expensive Judge Messmore ruled that entitled reasonable fees and expenses for work performed Bryan ordered removal, refused to accept the state's proposition for prorated expenses. The Eighteenth judicial district, he would pay its own expenses and have the affairs in other districts. only here, belief penses would prove costly to district. He allowed Bliss time to his expense and gave the state contest it formal hearing later. The state department was represented Judge C. Radke while M. Skilen was counsel for Bliss. At Grand Island GRAND Nebr., Sept. 12. receivership transfers of nine failed state banks from Clarence G. Bliss, former trade department secretary, to H. Luikart, present secretary, was ordered today District Judge Ralph R.