11846. Mount Clare State Bank (Mount Clare, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 1, 1931*
Location
Mount Clare, Nebraska (40.183, -98.218)

Metadata

Model
gpt-5-mini
Short Digest
c9d21c5303a0fac6

Response Measures

None

Description

Articles indicate Mount Clare State Bank was a failed state bank placed in receivership (dividends paid to depositors under direction of the receivership division). No article describes a depositor run; the bank was closed and in receivership, so classify as suspension leading to closure/receivership.

Events (2)
1. June 1, 1931* Receivership
Newspaper Excerpt
$364,271 Dividends Paid Depositors of Failed Banks in June ... Mount Clare State bank ... 32.2 per cent withdrawn before receivership. (Lincoln Star, 1931-07-03).Mount Clare State Bank VS, Bottenfield, stockholders liability. (Nuckolls County Herald, 1932-10-21).E. H. Luikart, receiver references in docket note related to failed banks.
Source
newspapers
2. June 1, 1931* Suspension
Cause
Government Action
Cause Details
Bank was taken into receivership by the state department (receivership division) after substantial withdrawals; dividends paid to depositors by receiver.
Newspaper Excerpt
Mount Clare State bank, per in 32.2 per cent withdrawn before receivership.
Source
newspapers

Newspaper Articles (2)
1. July 3, 1931 The Lincoln Star Lincoln, NE
Article from The Lincoln Star, July 3, 1931

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Article Text

$364,271 Dividends Paid Depositors of Failed Banks in June Depositors in twelve failed state banks were paid dividends in June totaling $364,271 under direction of the receivership division in the state department, as follows cent, 40 cent paid City State bank Loup per paid State bank per per paid State bank of Bethcent, $14,074; 60 per State bank, 18 per cent paid previously, in addition to 27.7 per cent withdrawn before receiverState bank 50 percent, $46,350; nothing paid State bank. 50 per cent, nothing paid State bank, 8 per cent paid Farmers' State bank. cent, $7,736; 30 per cent paid previously. Malcolm Malcolm State bank 3.35 per cent paid addition to per of deposits withdrawn beMount Clare State bank, per in 32.2 per cent withdrawn before receivership. State bank. 3.9 addition to per cent withdrawn before

2. October 21, 1932 Nuckolls County Herald Nelson, NE
Article from Nuckolls County Herald, October 21, 1932

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Article Text

Big Docket on the District Court Calendar Next Week One of the largest court dockets comes up for hearing in the October Jury term, beginning on next Monday, the 24th. There are eight criminal and 84 civil cases. This is the largest docket in many years. Mrs. Wright, the District Clerk issued the dockets last week. The cases are: The State of Nebraska vs. Aldrich, two cases. The State VS. George Reitz, larceny. The State VS. Percy Goesch, illegal possession and sale. The State VS. Ira Richardson, illegal possession and sale. The State vs. Arthur Anderson and Chester Kline, burglary and grand larceny. The State vs. Theodore Duff, Statutory rape. The State VS. Charles Cochrane, on two charges, Assault to rob and felonious assault. The State of Nebraska and Attorney General vs. the failed banks of the county, in receivership. William H. Brinegar VS. Citizens State Bank Margaret Hall vs Citizens State Bank. In the Matter of Lucinda Puddy, deceased for license to sell real estate. Nuckolls County VS. American Surety Co. and E. D. Brown and Worthy Wood. Nick Paper vs. J. L. Galbreth, pending appeal. Application of N. H. Jenssen. administrator for license to sell real estate of Rosella Capstick Citizens Bldg Loan & Sav Assn vs. Irl Cochran, foreclosure Harvey Hackney vs. Gertrude Hackney, divorce Carrie Perry vs. Johnson Fruit Company, judgment on mandate H. C. Johnston vs. Peter Johnsen, pending attachment. William M. Sloan et al vs. Thos Ross, et al., for dismissal. Owen H. Hackler vs. Andreas Thompsen, et al., confirmation of sale. Provident Mutual Life Ins Co. vs. George Felton, foreclosure-pend ing stay. William B. Jones vs. C. Everett Munson, judgment-pending attachment. E. H. Luikart, Receiver Farmers State Bank vs. J. A. Demilt, Stockholders liability. Bankers Life Ins Co. vs. Fritz Bergman, Foreclosure-pending stay. C. R. Imler. administrator of the estate of Clarence M. Barker, deceased, for license to sell. First Trust Co. of Lincoln VS. A. L. Lynch. foreclosure-pending stay. Metropolitan Life Ins Oo. vs. Jay Baird, et al., confirmation of sale. George M. Fisher vs. Monta, Tabor. judgment. E. H. Luikart, receiver. Mount Clare State Bank VS, Bottenfield, stockholders liability. Lurana Hunter VS. Lemon B. and Josie Vader, judgment Emily Moore VS. Henry Conn, foreclosure-pending stay. Floyd Higer VS. Hattie Higer, divorce. Lee Jansen vs. Arthur Thayer, on appeal-judgment. Leland D. Fisher V8. Jens Torring, judgment 0 nnote. Wm Shriever administrator of Estate of Henry Riege vs. John and Minnie Bargen, judgment on note. Glen Colburn VS. C. B. & Q. Ry judgment-for dismissal Wilkie J. Aden vs. Chris Tordrup, et al. foreclosure-deficiency judgment, Harry Jennings VS. Lura E. Thompson, foreclosure-cenfirma tion. Vena L. Crandell vs. Kenneth Crandell, divorce. Leo Dondlinger vs. Thos Moore judgment. Farmers State Bank, receiver, vs. C. O. Strickland. Massey-Harris Co. V8. Floyd Shreffler, Judgment on note. Martin Murray VS. F. W. Viesel G. C. Duling VS. Bert Wehrman, on appeal. Application Chas A. Gunn and Freeman Gunn, administrators, for License to sell real estate of Elizabeth Gunn, deceased. George White VS. Nebraska Cement Co., on Motion. Martha Adams vs. Barton Adams, divorce Wm M. Poole VS. Nettie Poole, divorce. First Trust Co. of Lincoln vs. James W. Lamb, foreclosure— pending stay. Federal Trust Co. vs. Marinus Nelson Foreclosure-pendingstay H. B. Hunter Estate vs. Arthur Stanley, judgment on note. Bankers Life Ins Co. vs. Morris Lewis, et al., foreclosure. Gesche Tjaden VS. Frank Rose, Amos Brand VS. Raymond G. Bagley, equitable relief. In Matter of application of G. Nelson Lyon and C. R. Imler, executors of estate of D. W. Smith, for license to sell real estate. Bankers Life Ins Co. VS. Roy A. Briggs, foreclosure. In Matter of appilcation of Luetta Mellick guardian of Edwin E. Felton, minor for license to mortgage real estate. Mary J. Lyon VS. James Monroe Woods, quiet title suit. Carlene Maxwell VS. Donald C. Maxwell, divorce. F. H. Stubbs ys. Nuckolls County. appeal from County Board. Dorothy Sykes vs. Alva Sykes, divorve. Bankers Life Ins Co. vs. Nels C. Jensen, foreclosure. Citizens Bldg Loan & Sav Assn of Superior vs. Balle H. Bradshaw foreclosure. Emelie Henninger VS. Wm. H. Kinnison, Foreclosure. North Western Life Ins Co. vs. Frank J. Petr, foreclosure. Joseph Warren Keifer, Jr. vs. William White Keifer, quiet title action. In Mater of estate of Andrew P. Anderson, deceased On appeal from county court. Alice Henderson vs. Harold Henderson, divorce. Millie Wise vs. Peter Wise, divorce. F. H. Matschullatt vs. Alfred E. Bures, judgment on note. Prudential Life Ins Co. VS. Clara S. Henery, foreclosure. Loretta Amberson vs. Cora Amberson, partition suit. Carl P. Paulsen VS. Ben F. E. J. Doyle vs. The County of Nuckolls, appeal from County Board. Continued on Last Page