Article Text
BANK RECEIVER SUES TO COLLECT $225 NOTE Suit to collect $225 note and interest from John H. Knoell, North Bend, was filed in United States district court Wednesday by George Cronkleton, receiver of the First National bank, North Bend.
11885. First National Bank (North Bend, NE)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 3059
- Charter Number
- 3059
- Start Date
- January 10, 1934
- Location
- North Bend, Nebraska (41.462, -96.780)
Metadata
- Model
- gpt-5-mini
- Short Digest
dd6d78a9fd8f1b0d
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1933-02-09
- Date receivership terminated
- 1937-05-24
- Share of assets assessed as good
- 29.9%
- Share of assets assessed as doubtful
- 69.2%
- Share of assets assessed as worthless
- 0.9%
Description
Articles (Jan 10–11, 1934) report George Cronkleton as receiver of the First National Bank, North Bend, and suing on a note. There is direct evidence the bank was in receivership (i.e., closed and in the hands of a receiver). The articles do not mention any depositor run or temporary suspension/reopening; therefore classified as suspension leading to closure/receivership.
Events (3)
1.
September 28, 1883
Chartered
- Source
- historical_nic
2.
February 9, 1933
Receivership
- Source
- historical_nic
3.
January 10, 1934
Receivership
- Newspaper Excerpt
- Suit to collect $225 note ... was filed ... by George Cronkleton, receiver of the First National bank, North Bend.
- Source
- newspapers
Newspaper Articles (2)
Click image to open full size in new tab
Click image to open full size in new tab
Article Text
BANK RECEIVER SUES TO $225 NOTE Suit to collect $225 note and interest from John H. Knoell, North Bend. was filed in United States district court Wednesday by George Cronkleton, receiver of the First National bank, North Bend.