11645. Perkins County State Bank (Grainton, NE)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
June 1, 1931*
Location
Grainton, Nebraska (40.823, -101.287)

Metadata

Model
gpt-5-mini
Short Digest
505db7e380516bb5

Response Measures

None

Description

Articles indicate Perkins County State Bank (Grainton, NE) was a failed institution with a receiver appointed (listed among failed banks with receivers) and a sheriff's sale ordered by the receiver in summer 1931. No article describes a depositor run; events are consistent with suspension/closure and receivership.

Events (2)

1. June 1, 1931* Suspension
Cause
Government Action
Cause Details
Bank was placed in receivership/declared failed by banking authorities (listed among receiverships in state report).
Newspaper Excerpt
Perkins County State Bank, Grainton. (listed among banks with receiverships)
Source
newspapers
2. July 31, 1931 Receivership
Newspaper Excerpt
Clarence Bliss, receiver County State Bank Grainton, Nebraska ... Dated at Grant, Nebraska, this 31st day of July, 1931. HARRY Sheriff. (Hastings...Attys.) Sept. 9th sale ordered by court to satisfy decree in action wherein Clarence Bliss, receiver, plaintiff (Grant Tribune-Sentinel, 1931-08-06).
Source
newspapers

Newspaper Articles (2)

Article from The Grand Island Independent, July 11, 1931

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Article Text

Receivers By Shows That Had Republicans Many Attorneys on Payroll WELLENSIEK IS LISTED Uncovers Names of Scores of Attorneys Who Were Appointed to Bank Posts Under Former tacks Bliss. Lincoln, July Bryan in answering the charges Clarence Bliss, former secretary of the banking department, Friday, declared that the republicans spent thousands dollars for attorneys fees in failed bank cases during the past two years. asserted that some of the attorneys receiving money would be asked to refund the amounts collected the state. Attorneys For Bliss On List The also pointed out that firm of Mothersead and Scottsbluff, which has filed an junction Gering on behalf of Clarence Bliss receiver of failed bank in Scottsbluff, to prevent Bryan interfering in its affairs, drew fees in nine receiverduring the last two years. Some democratic lawyers are cluded the roster made public the but he said most got only small amounts, while the big fees went to republicans. This list, he covcred only the period the Weaver biennium, ending June 30, last, the same condition prevailed during the McMullen regime. attorneys traveled all over the state for banks widely scattered places," the govercontinued. several different groups prominent lawyers have fees from the same little banks. The contest the last few days being made hold control these and keep this army republican attorneys on the payroll. Herewith are the names of the lawyers, drawn, the bank receiverships from which fees paid during the two years from July to June 30, 1931, given out by Ponca, $735, Allen State Bank, Allen: Citizens State Bank, State Bank; and Security Bank Ponca. George Hastings, Grant, $438, Allen State Bank, Allen; The State Bank, Champion; Perkins County State Bank, Grainton. Romig, Alliance, $147, First Bank, Alliance George Hager, Lincoln, $1,245,State Bank, Commerce, Ong: Exchange Bank, Ong, and Farmers State Bank, Good, Good and Kirkpatrick, Lincoln, Ashland State Bank, Line, Loup City, Bank Ashton, Bank Litchfield: and Loup City State Loup City. Stephens, Loup City, $417.15, Ashton, Cain. Falls City, $1,338.38, Nemaha Bank, Nebraska Bank, State Auburn, $10.00, County Bank, Auburn. Fred Auburn, Nemaha County Bank, Edgar Ferneau, County Bank, Auburn; Bank Crab Orchard Kelsey Kelsey, Norfolk, Battle Creek Valley Bank, Battle Creek; State Bank, Pierce; Enola State Bank, Magnet Bank, Magnet; Meadow Grove Bank. (Turn Page Eight Column Seven)


Article from Grant Tribune-Sentinel, August 6, 1931

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Article Text

NOTICE OF SHERIFF'S SALE By virtue of an order of sale issued H. Griffith, Clerk of the District Court of Perkins County, braska, upon decree rendered said Court, in an action therein pending, wherein Clarence Bliss, ceiver County State Bank Grainton, Nebraska, Corporation, plaintiff, and Anton defendants, on the 9th day of September, 1931, the hour 10:00 o'clock of said day, the East Front Door of the Court House at Grant, Perkins Nebraska, sell at public highest for cash, the lowing real estate, The South East Quarter tion Thirty Three (33), Township Nine (9), North, Range Thirty Five (35), West of the Sixth Principal Meridian in Perkins County, Nebraska; satisfy said decree order sale. The amount thereon being sum $2,911.94 with interest thereon the rate 10 per from October $35.15 costs of suit and accruing Dated at Grant, Nebraska, this 31st day of July, 1931. HARRY Sheriff. (Hastings Hastings, Attys.) Sept.