Liberty State Bank (Thurston, NE)

Episode Information

Episode UID
76119271588
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7611927 routing
Routing Number
76-1192
Start Date
April 19, 1932
Location
Thurston, Nebraska (42.177, -96.701)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f5478386343c6c1c

Response Measures

None

Description

Articles report final dividends to depositors but do not give the original suspension/receivership date.

Events (2)

1. April 19, 1932 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank had previously failed/was in receivership and assets were distributed as final dividends to depositors.
Newspaper Excerpt
final dividend... has been paid to depositors the Liberty State Thurston
Source
newspapers
2. * Receivership
Newspaper Excerpt
payment of $3,404... went to the depositors per the Liberty State bank Thurston (failed state bank)
Source
newspapers

Newspaper Articles (2)

Article from Lincoln Journal Star, April 19, 1932

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Article Text

BANK Final Dividends Paid Depositors at Cornlea, Thurston. The Elba State bank, Elba, reorganized, recapitalized and made by stockholders, reopened for business Tuesday according to by the department of trade and The bank 20, 1931. The plan contemplates payment of depositors capital stock $10,000, surplus deposits $33,000 cash from banks officers Bertel Leth, president; Anton Spilinek, vice president and J. Sumovich, final dividend of 2.2 percent, $3,003.92, has been paid to depositors the failed Cornlea State bank. total payment percent, amountto $13,926.82. final dividend from assets of percent, amounting $3,has paid depositors the Liberty State Thurston, making total of 12.7 percent


Article from Beatrice Daily Sun, April 19, 1932

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Article Text

SUSPENDED LINCOLN, 19 state department of trade and today announced the organization and the reopening of the Elba State Elba. The bank business November Luikart, department secretary, said the institution was capitalized and placed in thoroughly solvent condition the stockholders. The plan reorganization. he said, contemplates ultimate payment in full to all depositors. Upon reopening. the bank had capital stock of $10,000; surplus, $2,500; deposits of $33,000, and of $12,000 due from other banks. Luikart also announced the pay ment of in dividends to failed state banks positors A payment of $$3,404, or nearly went to the depositors per the Liberty State bank Thurston, and the other $3,000. nearly per cent. went to the Cornlea state bank of Cornlea.