gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
33b29ba8ccd43b71
Response Measures
None
Description
State department liquidated the failed bank and a receiver was appointed.
Events (2)
1.December 19, 1930Suspension
Cause
Government Action
Cause Details
Bank placed in liquidation by the state Department of Trade and Commerce (closed prior to receivership)
Newspaper Excerpt
the closed bank of Julian
Source
newspapers
2.September 18, 1931Receivership
Newspaper Excerpt
Luikart has been duly appointed receiver ... the Bank of Julian ... to succeed Clarence Bliss; ... banks in this county which are being liquidated by the department .
Source
newspapers
Newspaper Articles (2)
1.December 19, 1930Nemaha County HeraldAuburn, NE
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Article Text
Receiver To Recover Notes
Trial started at Lincoln Tuesday before District Judge B. Chapin ths district on brought by Clarence Bliss, secreof the state of trade and to collect in notes Albert Ackerman, former presiof the closed bank of Julian. The action alleges that Ackerman and mortgage of company which he is secretary, acted to tect their own interests by withdrawing worth of notes from the bank.
2.September 18, 1931Nemaha County HeraldAuburn, NE
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Article Text
Luikart Is As Bank Receiver
Luikart has been duly appointed receiver for the maha County Bank, Farmers Security State Bank of Rohrs, the Bank of Julian and the Peru State Bank, to succeed Clarence Bliss. Luikart was pointed by Governor Bryan the position of Secretary of the Department of Trade and merce and was fore filed the district asking that he be appointed receiver the banks in this county which are being uidated by the department. Judge Raper has entered order appointing him receiver and requiring that he take the oath of office and furbond with proper Similar action has been taken in other counties where there failed banks in the process liquidation.
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.