State Bank - Cortland, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 3, 1933
Location: Cortland, Nebraska (40.506, -96.706)

Metadata

Model: gpt-5-mini
Short Digest: aae5310de2f0dd71

Response Measures

None

Description

Article (May 3, 1933) refers to the Cortland State bank receiver, indicating the bank was in receivership (i.e., closed and in the hands of a receiver). The piece discusses the receiver's attempt to sell property and the judge's denial. No mention of a depositor run is present. I infer closure via receivership (government action). OCR in article split 'Cortland' as 'Cort. land'; corrected in bank_name.

Events (2)

1. May 3, 1933 Other

Newspaper Excerpt: Application of the Cortland State bank receiver to sell modern home and six lots in Cortland ... was denied by District Judge F. W. Messmore.
Source: newspapers

2. May 3, 1933 Receivership

Newspaper Excerpt: District Judge F. W. Messmore Tuesday denied the application of the Cortland State bank receiver to sell modern home and six lots in Cortland for ... The property had been deeded to the bank as part payment of debt.
Source: newspapers

Newspaper Articles (1)

1. May 4, 1933 The Omaha Evening Bee-News Omaha, NE

Article from The Omaha Evening Bee-News, May 4, 1933

Click image to open full size in new tab

Article Text

Deny Bank Receiver Right to Sell House BEATRICE. May 3.-District Judge F. W. Messmore Tuesday denied the application of the Cort. land State bank receiver to sell modern home and six lots in Cortland for The property had been deeded to the bank as part payment of debt. was shown by that the property's assessed valuation was $1,680, or $230 more than the offer.