Comptroller of the Currency appointed a receiver for the bank.
Newspaper Excerpt
The comptroller of the currency has appointed A. S. Tibbetts to be receiver of the State National bank of Omaha, Neb.
Source
newspapers
same day
3.April 18, 1888Receivership
Newspaper Excerpt
The comptroller of the currency has appointed A. S. Tibbetts, of Lincoln, Neb., to be receiver of the State National bank of Omaha, Neb.
Source
newspapers
+3 months
4.July 18, 1888Voluntary Liquidation
Source
historical_nic
Newspaper Articles (2)
1.April 19, 1888Evening StarWashington, DC
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Article Text
WASHINGTON NEWS AND GOSSIP
A RECEIVER APPOINTED.-The - Controller of the Currency has appointed A. S. Tibbetts to be receiver of the State National Bank or Omaha, Neb.
2.April 19, 1888St. Paul Daily GlobeSaint Paul, MN
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Article Text
A Receiver Appointed
WASHINGTON, April 18.-The comptroller of the currency has appointed A. S. Tibbetts, of Lincoln, Neb., to be receiver of the State National bank of Omaha, Neb.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.