Chester State Bank (Chester, NE)

Episode Information

Episode Type
Suspension β†’ Reopening
Start Date
August 11, 1932
Location
Chester, Nebraska (40.010, -97.618)
Bank Type
state

Metadata

Notes

Suspension ordered by the board to reorganize; no evidence here of permanent closure or reopening.

Events (1)

1. August 11, 1932 Suspension
Cause
Voluntary Liquidation
Cause Details
Board of directors ordered suspension to reorganize the bank.
Newspaper Excerpt
The Chester State bank, Chester, suspended business Thursday upon order of its board of directors to reorganize, said Secretary Luikart of the state banking department.
Source
newspapers

Newspaper Articles (2)

Article Text

STATE BANK SUSPENDED The Chester State bank, Chester, suspended business Thursday upon order of its board of directors to reorganize, said Secretary Luikart of the state banking department. The capital stock of the bank is $30,000; surplus, $6,000; deposits, about $125,000. The officers are: A. Richards, president; W. H. Kuhlman, cashier.


Article Text

Chester Bank Suspends The Chester State Bank, Chester, suspended business Thursday upon order of its board of directors to reorganize, said Secretary Luikart of the state banking department. The capital stock of the bank is $30,000; surplus, $6,000; deposits, about $125,000. The officers are: A. Richards, president; W. H. Kuhlman, cashier.β€”Lincoln State Journal. Mr. and Mrs. Fred Nunnenkamp, of Elba, came Thursday evening for a visit with relatives and friends. Friday, Mr. Nunnenkamp went to Wichita, Kansas, on business. They returned home Monday morning. Hebron College offers two years of accredited college work. Two years for the cost of one. Dr. and Mrs. W. G. Hopfer and Miss Olga, and Rev. and Mrs. F. H. Schwerin and little daughter autoed to Spring Ranch, last week Wednesday evening, and helped J. Richard Bell celebrate his third birthday anniversary, at the home of his parents, Mr. and Mrs. F. E. Bell. Miss Olga remained there for a week's visit.