gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ad98e4485d69baab
Response Measures
None
Description
Suspension not explicitly stated in articles; presence of a receiver indicates the bank was closed and in receivership.
Events (2)
1.October 3, 1933Receivership
Newspaper Excerpt
Ben Abben, receiver of Gilmore Exchange bank, sold 5,000 bushels of corn last week to the Fort Dodge Serum company at Fort Dodge.
Source
newspapers
2.June 15, 1934Receivership
Newspaper Excerpt
Ben Abben, receiver for the Glimore City Exchange bank, recently sold the 130 acres four miles northeast Dakota City to Elwood Livermore.
Source
newspapers
Newspaper Articles (2)
1.October 3, 1933Humboldt IndependentHumboldt, IA
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Article Text
Bank Receiver Sold 5,000 Bushels of Corn
Ben Abben, receiver of Gilmore Exchange bank, sold 5,000 bushels of corn last week to the Fort Dodge Serum company at Fort Dodge. The corn is being trucked the plant by Ralph Garren of Gilmore City.
2.June 15, 1934The Humboldt RepublicanHumboldt, IA
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Article Text
Gilmore Bank Receiver Sold Farm in Grove
Ben Abben, receiver for the Glimore City Exchange bank, cently sold the 130 acres four miles northeast Dakota City to Elwood Livermore, said. The place now occupied by Thorn. Mr. Hanson will take possession March first of next year.
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.