Article Text
Banking Department to Pay Third Dividend at Renner Feb. banking preparing pay third the closed First bank of Renner The dividend represent When distribution of the payment completed received dividends percent totaling
17756. First State Bank (Renner, SD)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- February 1, 1934*
- Location
- Renner, South Dakota (43.646, -96.728)
Metadata
- Model
- gpt-5-mini
- Short Digest
bbca6ae7ae142a7e
Response Measures
None
Description
The single article (Argus-Leader, 1934-02-20) states the Banking Department is paying a third dividend at Renner and refers to the closed First bank of Renner, indicating the bank previously closed and is in the hands of the state Banking Department/receiver. There is no mention of a depositor run in the text. Cause of closure appears to be government action (state banking department handling liquidation). OCR is poor; wording corrected where obvious.
Events (2)
1.
February 1, 1934*
Suspension
- Cause
- Government Action
- Cause Details
- Bank had been closed and is under the state Banking Department/receiver (dividends being paid by Banking Department).
- Newspaper Excerpt
- Banking Department to Pay Third Dividend at Renner ... the closed First bank of Renner
- Source
- newspapers
2.
February 20, 1934
Receivership
- Newspaper Excerpt
- Banking Department to Pay Third Dividend at Renner ... Feb. banking preparing pay third the closed First bank of Renner ... distribution of the payment completed received dividends percent totaling
- Source
- newspapers
Newspaper Articles (1)
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