First National Bank (Hemingford, NE)

View Charter #10242 on SPMC View balance sheet

Episode Information

Episode UID
1024201502
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
102420 national
Charter Number
10242
Start Date
February 12, 1925
Location
Hemingford, Nebraska (42.322, -103.073)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
8e223bba57200c24

Response Measures

None

Receivership Details

Depositor recovery rate
59.9%
Date receivership started
1923-11-10
Date receivership terminated
1927-02-17
OCC cause of failure
Governance
Share of assets assessed as good
25.2%
Share of assets assessed as doubtful
57.4%
Share of assets assessed as worthless
17.5%

Description

Articles show a receiver was appointed and sheriff's sales are being conducted; no reopening or run mentioned.

Events (3)
1. August 10, 1912 Chartered
Source
historical_nic
2. November 10, 1923 Receivership
Source
historical_nic
3. February 12, 1925 Receivership
Newspaper Excerpt
Ralph S. Pryce, Receiver of The First National Bank, Hemingford, Nebraska
Source
newspapers

Newspaper Articles (2)
1. February 12, 1925 The Ledger Hemingford, NE
Article from The Ledger, February 12, 1925

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Article Text

SHERIFF'S SALE Notice is hereby given that by virtue of an order of sale issued by the Clerk of the District Court of the Sixteenth Judical District of Nebraska, within and for Box Butte County, Nebraska, in an action wherein Oscar D. Rouse is plaintiff and Clarence O. Rosenberger, Fern Rosenberger, his wife, and James V. Potmesil are defendants, and Ralph S. Pryce, Receiver of The First National Bank, Hemingford, Nebraska, as intervenor. will at two o'clock m the 16 day of February, 1925 at the west front door of the courthouse of the County of Box Butte in the City of Alliance, Nebraska, offer for sale at public auction, the following described lands and tenants, to-wit: Southeast Quarter (SE%), of Section Two (2), in Township Twenty-s (26). North, Range (49), West of the 6th Principal Meridian, in Box Butte County, Nebraska. Given under my hand this 5th day of January 1925. George Jones, Sheriff W. M. Iodence, Attorney for Pltf.

2. February 12, 1925 The Ledger Hemingford, NE
Article from The Ledger, February 12, 1925

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Article Text

SHERIFF'S SALE Notice is hereby given that by virtue of an order of sale, issued by the Clerk of the District Court of the Sixteenth Judical District of Nebraska, within and for Box Butte County, Nebraska, wherein Theodore Neeland is plaintiff and Anson Johns, Nellie Johns and First National Bank of Hemingford, Nebraska, Corporation, duly organized under the laws of the United States Government and under the laws of the State of Nebraska, and Ralph Pryce, Receiver of said First National Bank of Hemingford, Nebraska, are defendants. will at three o'clock m. on the 16 day of February, 1925, at the west front door of the courthouse of the County of Box Butte in the City of Alliance, Box Butte County, Nebraska, offer for sale at public auction, the following described lands and tenants, to-wit: Southeast Quarter Section Twenty-four (24), Township Twenty-seven (27), North, Range Forty-nine (49), West of the 6th M. in Box Butte County, Nebraska. Given under my hand this 5th day of January 1925. George P. Jones, Sheriff W. M. Iodence, Attorney for Pltf.