11450. Brunswick State Bank (Brunswick, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 13, 1929
Location
Brunswick, Nebraska (42.338, -97.971)

Metadata

Model
gpt-5-mini
Short Digest
80b7b2afe7615e19

Response Measures

None

Description

Articles indicate the Brunswick State Bank had recently closed (suspension) by Sept 1929 with a reorganization proposal, and by Dec 1929 court records show a receiver (Flannigan, Receiver) involved — consistent with a suspension followed by permanent closure/receivership. No explicit bank run is mentioned and the initial article does not state a cause for the closing.

Events (2)
1. September 13, 1929 Suspension
Cause Details
Article notes the bank recently closed but gives no explicit cause for the suspension; a reorganization plan was proposed where depositors would waive 70% of assets to permit reopening.
Newspaper Excerpt
Stockholders and depositors of the Brunswick State bank, which recently closed, met Friday evening to hear a report of the committee investigating the assets of the bank.
Source
newspapers
2. December 27, 1929 Receivership
Newspaper Excerpt
Brunswick State Bank. Flannigan, Receiver V. Wunner. Motion to strike defendant's crosspetition sustained.... Flannigan, Receiver V. Rishling Finding for plaintiff. Judgment on finding.
Source
newspapers

Newspaper Articles (2)
1. September 13, 1929 The Orchard News Orchard, NE
Article from The Orchard News, September 13, 1929

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Article Text

REPORT MADE ON BRUNSWICK BANK Stockholders and depositors of the Brunswick State bank, which recently closed, met Friday evening to hear a report of the committee investigating the assets of the bank. An agreement was drawn up whereby depositors waive 70 percent of the assets and receive 30 percent on the day of reopening. Eighty percent of the depositors must sign this agreement, after which the re-organization will be made.

2. December 27, 1929 The Orchard News Orchard, NE
Article from The Orchard News, December 27, 1929

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Article Text

Brunswick State Bank. Flannigan, Receiver V. Wunner. Motion to strike defendant's crosspetition sustained. Defendant ex cepts. Nebraska Central B. & L. A. Helen M. Schultz, et al. Decree of foreclosure and sale as prayed. De Bow v. Hladovcak, et al. Decree of foreclosure as prayed. Stock Yards National Bank v. Elgin State Bank. Decree quieting title in plaintiff as prayed. Mummert V. Batie. et al. Decree of foreclosure as prayed. Sibberson V. Reefe et al. Decree of foreclosure as prayed. Flannigan, Receiver V. Rishling Finding for plaintiff. Judgment on finding. Scott V. Giles, et al. Decree cance!ing mortgage as prayed and quieting title in plaintiff. Citizens State Bank vs. Paulson Finding for plaintiff. Judgment on finding. Conservative Saving & Loan. V. Menebroker, et al. Death of Herman Glampe suggested and his heirs at law substituted as parties defendant. Hovelrud, et al V. Lanrud, et al. Amount in Clerk's hands ordered paid to Adminsitrator. Scott V. Forbes. Clerk ordered to journalize confirmation. Mankey V. Forbes. Clerk ordered to journalize confirmation. Browing vs. Carey. Judgment revived as prayed. Simmons Simmons. Final report of referee approved and bondsmen re. leased.