Farmers State Bank (Stromsburg, NE)

Episode Information

Episode UID
76123771589
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7612377 routing
Routing Number
76-1237
Start Date
May 10, 1932
Location
Stromsburg, Nebraska (41.114, -97.599)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
658cd37618c9034b

Response Measures

None

Description

Bank placed in receivership and assets advertised for sale; later liquidation dividends paid.

Events (3)

1. May 10, 1932 Receivership
Newspaper Excerpt
E. H. LUIKART, Receiver of the Farmers State Bank, Stromsburg, Nebraska.
Source
newspapers
2. May 10, 1932 Suspension
Cause
Government Action
Cause Details
Placed in receivership by state (State of Nebraska v. Farmers State Bank) and assets advertised for sale.
Newspaper Excerpt
Dated this 10th day of May, 1932. E. H. LUIKART, Receiver of the Farmers State Bank, Stromsburg, Nebraska.
Source
newspapers
3. November 17, 1932 Other
Newspaper Excerpt
DIVIDENDS ARE PAID. ... The banks, amount and per centage of dividend were: Farmers State bank, Stromsburg, ...
Source
newspapers

Newspaper Articles (3)

Article Text

NOTICE OF SALE UNDER ARTISAN'S LIEN On the 11th day of June, 1932, at the hour of 2:30 p. m., at my residence, located on Lots (5) and (6) of Town Company's First Addition to the City of Stromsburg, I will sell at public auction to the highest bidder, for cash, one 1925 Model "T" Ford Sedan, in excellent condition, Motor No. 10314694, the property of Ninus Montgomery. Said sale is to foreclose the Artisan's Lien which I hold against said automobile for the reasonable charge for work done and material furnished on and to said automobile, which lien is in the amount of $28.45 with interest at 7% per annum from the 12th day of May, 1932, plus costs, in default thereon. RAY M. STEVER, Stromsburg, Nebr. 6-2 NOTICE TO CREDITORS In the County Court of Polk County, Nebraska: In the Matter of the estate of August Peterson, deceased. The State of Nebraska: Creditors of said estate will take notice that a hearing of the County Court of said County will be held at the County Court Room in said County on the 12th day of September, 1932, to hear, adjust and allow all claims duly filed against said estate. All persons having claims or demands against said estate must file the same in said Court on or before the 10th day of September, 1932, or said claims will be forever barred. Dated May 16th, 1932. (Seal) W. W. NORTON, 6-2 County Judge. NOTICE OF SALE OF REMAINING ASSETS OF FARMERS STATE BANK, STROMSBURG, NEBRASKA IN THE DISTRICT COURT OF POLK COUNTY, NEBRASKA State of Nebraska, ex rel., C. A. Sorensen, Attorney General, Plaintiff, v. Farmers State Bank, Stromsburg, Nebraska, Defendant.


Article Text

The above list of assets is subject to any change before time of sale. The above assets will be offered both separately and also as a whole. Full lists of notes, judgments and other assets will be found in the office of the Clerk of the District Court of said county, and all notes are subject to inspection at the office of the Receivership Division of the Department of Trade and Commerce of Nebraska, in the State House, at Lincoln Nebraska. All property herein advertised for sale is subject to liquidation prior to date of sale. Application to confirm said sale will be made to the court one week after date of sale. Said sale shall be for cash, as by law provided. Dated this 10th day of May, 1932. E. H. LUIKART, Receiver of the Farmers State Bank, Stromsburg, Nebraska. NOTICE OF FINAL REPORT In the County Court of Polk County, Nebraska: In the Matter of the Estate of John Olson, deceased: The State of Nebraska: To all persons interested in said estate take notice, that the executor has filed a final account and report of his administration, and a petition praying for final settlement and allowance of said account, that a decree be entered determining heirship and distribution and the executor be discharged, which has been set for hearing before said court on the 10th day of June, 1932, at 10 o'clock A. M. Dated May 19, 1932. (Seal) PHIL B. CAMPBELL, County Judge.


Article Text

DIVIDENDS ARE PAID. Lincoln, Neb., Nov. itors of two failed state banks have received dividend payments from liquidation of assets failed institutions, the state department of trade and commerce Wednes day. The banks, amount and per centage of dividend were: Farmers State bank, Stromsburg, per cent, Citizens bank, Gilt ner, per cent. Jouett Auction House opens Sat urday, Nov. 19, at East 23rd street. Bargains Galore Swan's Furniture. Brooms 9c Saturday