12007. First State Bank (Pawnee City, NE)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
January 5, 1932
Location
Pawnee City, Nebraska (40.108, -96.154)

Metadata

Model
gpt-5-mini
Short Digest
dbb1be31d4c81840

Response Measures

None

Description

Articles refer to the First State Bank of Pawnee City being in receivership (receiver authorized to sue in Jan 1932) and subsequent court orders for distributions in 1933. No article describes a depositor run; the bank was closed and in receivership (government action).

Events (3)

1. January 5, 1932 Receivership
Newspaper Excerpt
receiver of the Pawnee City First State bank to bring action against stockholders who have not paid their stockholders' liability. total of $330,971.93 in claims of depositors and others (Lincoln Journal Star, 1932-01-05).
Source
newspapers
2. January 5, 1932 Suspension
Cause
Government Action
Cause Details
District court appointed a receiver for the First State Bank of Pawnee City (court action led to suspension/receivership)
Newspaper Excerpt
order has been issued by the district court authorizing receiver of the Pawnee City First State bank to bring action
Source
newspapers
3. October 30, 1933 Other
Newspaper Excerpt
Court order of October 30, 1933, for further ... PAWNEE CITY: FIRST STATE BANK Prior payments made during receivership ... for final pymt. ... $64,142.16 (Omaha Guide, 1933-11-25).
Source
newspapers

Newspaper Articles (3)

Article from Lincoln Journal Star, January 5, 1932

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Article Text

BANK RECEIVER IS AUTHORIZED TO SUE PAWNEE CITY. order has been issued by the district court authorizing receiver of the Pawnee City First State bank to bring action against stockholders who have not paid their stockholders' liability. total of $330,971.93 in claims of depositors and others


Article from Nebraska Legal News, June 17, 1933

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Article Text

FILINGS Large V Johnson mo & brfs applnt for rehear Prud Ins Co V Nethaway brfs applee Kline V Dept Pub Wks brfs applnts Clarke V State brfs plff in err Larabee y Larabee stip in re brfs McRae V Mercury Ins Co same Martell St Bk V Peterson same State on rel Todd V Thomas same Lyons V Austin brfs applnts Green V Gardner stip in re brfs Mangiameli V Ariano same Crespin Wilcox same Lin Rd Equip Co V Bolton same Stroud V Payne applic for permission to orally argue mo for rehear Peterson V Cosmo Old Line Life Ins Co mo & brfs applnt for rehear Chapman V Person stip in re brfs Thomas V Haspel mo applee to req add supersedeas bond or to dism app St ex rel Spillman V Fst St Bk Pawnee City mo & brfs applnts for rehear Bnkrs Life Ins Co V Prebyl sug dim & mo applnts for lv to supply Joyce Lbr Co V Anderson stip for ext rule day Murphy V Metro Utilities Dist stip in re brfs In re est Hoagland, Shotwell V Fst Nat Bk Omaha stip in re brfs Olson V City Wahoo mo & brfs applnt for rehear Anderson V Lotman mo & brfs applnt for rehear St ex rel Sorensen V So Om St Bk brfs applee Co Greeley V Fst Nat Bk Cozad brfs applnts Landgren Bolton B of X Joyce V Tobin brf applnt In re complt Sloan, Sloan V Fillmore Co brfs applae State ex rel Sorensen V Farmers St Bk Wood River reply brfs E H Luikart rec Green V Fiester mo & stip in re brfs Emerson V Citizens St Bk Thedford brfs applees Citizens St Bk & Jas M McMillan Machurek V Ohio Nat Life Ins Co mo applee for allow atty fees State ex rel Sorensen V Denton St Bk B of X Luikart recvr V Paine brf applnt Thies V Weible brfs applee Cotten gdn V Stolley Jr mo & brf applnt for rehear Fst Trust Co tr V Exch Bk stip in re brfs sug dim & mo for lv to file sup trans & consent Belik V Warsocki stip in re brfs Valley St Bk V Parson same Dworak V Shire same U S Fid & Guar Co V Curry brf applnts


Article from The Omaha Guide, November 25, 1933

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Article Text

Court order of October 30, 1933, for further 15%' 15,709.50 35% $36,655.56 PAWNEE CITY: FIRST STATE BANK Prior payments made during $59,775.46 receivership 15% Court order of October 20, 1933, for further CliC- C9 shss '33, for final pymt. 1.12% 4,366.70 16.12% $64,142.16