When Olive Faye Lotspeich was born on 15 December 1898, in Bingham, Sheridan, Nebraska, United States, her father, Albert Marion Lotspeich, was 37 and her mother, Rhoda Elizabeth Vannest, was 18. She married James Franklin Shipman on 12 November 1913, in Christian, Missouri, United States. They were the parents of at least 2 sons and 2 daughters. She lived in Penn Township, Osborne, Kansas, United States in 1920 and Ainsworth, Brown, Nebraska, United States in 1940. She died on 26 September 1991, in Bassett, Rock, Nebraska, United States, at the age of 92, and was buried in Ainsworth, Brown, Nebraska, United States.
German: probably a nickname for a wheelwright who was negligent in making spokes, derived from Middle High German loter ‘loose’ + speich ‘spoke (of a wheel)’.