gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
22adc85b0d10b126
Response Measures
None
Events (1)
1.July 19, 1934Receivership
Newspaper Excerpt
Attorney Samuel E. Gallamore was recently appointed receiver of the assets of the former defunct Farmers State Bank of Plymouth.
Source
newspapers
Newspaper Articles (1)
1.July 19, 1934The Plymouth NewsPlymouth, NE
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Article Text
Named Bank Receiver
Attorney Samuel E. Gallamore was recently appointed receiver of the assets of the former defunct Farmers State Bank of Plymouth.
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.