Farmers State Bank (Boelus, Neb.) [RG1523.AM]

HISTORY NEBRASKA MANUSCRIPT FINDING AID

RG1523.AM: Farmers State Bank (Boelus, Nebraska)

Records: 1923-1926
Boelus, Howard County, Nebraska: Bank
Size: 11 pages

HISTORICAL NOTE

The Farmers State Bank of Boelus, Nebraska was organized in March, 1917 by Charles F. Kruse, Mark Holm, Adolph F. Nielsen, Olaf Nelson, and Carl Theo. Krogh. Organized to carry on a commercial banking business, the bank was authorized with capital stock of $25,000. A victim of the farm depression of the 1920’s and the stock market crash of 1929, the bank went bankrupt and closed its doors in 1929.

SCOPE AND CONTENT NOTE

This collection consists of customer financial statements, 1923-1926. These records provide information on the financial condition of approximately ten customers of the Farmers State Bank of Boelus. Included is the customer’s name and information on assets and liabilities. Under assets, the statements provide information on personal property, such as livestock owned and their value and crops on hand and their value. Amount and value of real estate owned is also recorded. Liabilities, such as money owed to banks or individuals and other debts, are listed. One form, filled out for the use of the Grand Island National Bank, is also included in this collection.

INVENTORY

Folder

  1. Customer Financial Statements, 1923-1926

Subject headings:

Banks — Nebraska — Boelus
Banks — Nebraska — Grand Island
Boelus (Nebraska) — History
Farmers State Bank (Boelus, Nebraska)
Grand Island National Bank (Grand Island, Nebraska)
Grand Island (Nebraska) — History
Hall County (Nebraska) — History
Howard County (Nebraska) — History

AIP/ksa   06-1991
Revised TMM   03-23-2007

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