12187. Thurston State Bank (Thurston, NE)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
February 1, 1929*
Location
Thurston, Nebraska (42.177, -96.701)

Metadata

Model
gpt-5-mini
Short Digest
9102a8ea03c821e7

Response Measures

None

Description

Newspapers report the Thurston State Bank 'gave notice ... that the institution would discontinue business this week' (Feb 1929) and that the state had taken it over earlier. Later 1931 articles refer to a bank receiver and receivership legal matters, indicating the bank remained closed and in receivership. No article describes a depositor run prior to suspension.

Events (3)

1. February 1, 1929* Suspension
Cause
Government Action
Cause Details
State had previously taken the bank over; the bank then announced it would discontinue business (state takeover/administrative action).
Newspaper Excerpt
The Thurston State Bank gave notice to its patrons last week that the institution would discontinue business this week.
Source
newspapers
2. July 15, 1931 Receivership
Newspaper Excerpt
Thurston State bank, Thurston; ... employed heretofore in bank cases according to the list given publicity by Bryan are: ... Thurston State bank, Thurston; ... (listing attorneys employed by receivers).
Source
newspapers
3. July 31, 1931 Receivership
Newspaper Excerpt
Lincoln, Neb.-Special: The supreme asked rehearing Receiver Parker of the Thurston State bank ... relating to his paying Heinrich Johnson Krusemark $6,750 as preferred claim.
Source
newspapers

Newspaper Articles (3)

Article from The Pender Times, February 8, 1929

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Article Text

Thurston News Mr. and Mrs. Chris Rasmussen, Miss Marvel Rasmussen, Miss Margaret Skinner and Mr. and Mrs. Moris Rasmussen were in Winneobago, Sunday to visit at the home of Mr. and Mrs. Skinner' parents of Mrs. Chris Rasmussen, Mrs. Skinner has beeen sick caused by high blood pressure but is better at this writing. Miss Anna Allen and Miss Gladys Cowles spent the week-end at Wayne. Dwane Kneeland and Arnold Cowles who are going to school at Wayne spent the week-end with home folks in Thurston. Miss Foley spent the with home folks at Blair. Miss Edna Allen was a guest at the Dick Takken home llast Sunday. Mrs. Parker who has been visiting at home of Mrs. Elmer Allen for some time past, returned to her home last Thursday at Gordon, The Thurston State Bank gave notice to its patrons last week that the institution would discontinue business this week. Even if this bank has only acted as a clearing house for this community since the state took it over some time ago, it is a hard blow on Thurston as there will be no where to cashs checks, and will compel the business men to make regular trips to some adjoining town to do their banking business which will be good thing for the other towns but bad for Thurston. An effort was made some time ago to get a going bank here but for some reason the effort failed. John Wollmer of Pender was in Thurston on business one day llast week. Mr. and Mrs. A. J. Heyne, Howard Jensen and Miss Helen Madsen were in Wayne last Sunday evening. Mrs. Roy Spainhourd and daughter who have been visiting at the L. W. Spainhourd home returned last Saturday to their home in Omaha. Miss Margaret Breneman was a guest at the Wearin home last Sunday The Thurston Hotel is making a valuable improvement to the build ing by putting in a much needed bath room outfit. Wm Brandt who has been employed by the Moseman Lumber Co. as ssecond man for about two years has been advanced to manager owing to the fact that Floyd Yoast who has been manager for several years past has accepted a position as insurance inspector with headquarters at Columbus. We are cer tainly glad to see Will advanced as we think he is deserving. The general opinion of this community is that the Moseman Lumber Co. made a good decision when they retained Mr. Brandt as their local manager. This burg was treated to a little excitement on day last week when the school housse here in Thurston was discovered to be on fire. Owing to the prompt use of the hand chemical machines the blaze was extingushed before the water had to be turned on. No great amount of damage was done. The fire caught around the chimney on the first floor Several of those that were operating the chemicals were nearly over come by the fumes, among them the writer who does not want the exMrs. Frank Hilligas who has been in the Logan Valley Hospital for about eight that she was able to return to her home in last here Thurston, are here with her at the present time. Vick Monette is on crutches at the present time owing to having the misfortune to have a horse fall on him and nearly breaking leg. Wiley Candor spent Monday evening with friends in Thurston. Nearly all of Thurston were in Pender Tuesday night attending the Legion dance and the movies. The W. F. M. S met at the home of Mrs Chris Rasmussen last Tuesday afternoon with about ten present. Bryan Precinct News Mr. and Mrs. Will Glissman gave 35.77 a party Saturday evening. The 246.67 evening was spent playing cards 71.34 and Art Slaughter won first prizes 186.53 and Mrs. Dewey Seward and Fred served a delicious luncheon. Nettie Kai and Rosa Sievers spent Sunday with Edna Glissman. Will Glissman and Harold 62.02 Glissman autoed to Crofton Wednesday to see their Mrs. pneumonia. 57.99 Mr. and Mrs. Will Glissman spent 23.22 Tuesday with Mrs. Frances Kes, 81.50 singer. Mrs. Kessinger is quite sick with pneumonia. Mr. and Mrs. John Leahy gave a party on Friday night of last week. The evening was spent play. ing cards and dancing. The hostess served a delicious luncheon. Mrs. Pete Pearson spent Tuesday with Mrs. Emil Lander. Miss Lydia Fuchser spent Saturday afternoon with Mrs. Homer Powley and children. North Thayer Precinct Mr. and Mrs. Fred Paulsen, Mr. and Mrs. Clifford Jepsen visited at visited at the Wm. Mueller home Teusday. Mr. and Mrs, Ed McGuire and family visited at the Herman Longe home Sunday evening. Mrs. Herman Ahlers and family Mr. and Mrs. Henry Ahlers and family, Mr. and Mrs. Henry Engelbart, Gladys and Nina Ruge and Henry Hinjes visited at the Fred Pieper home Monday evening. The occasion being Mr. and Mrs. Pieper's fourth wedding anniversary. Mr. and Mrs. Jno H. Schroeder and family of Wisner and Mary E. McGuire visited at the N. Mc. Guire home Sunday. Mr. and Mrs. Fred Johnson and family visited at the Henry Lueders home Tuesday evening. Mr. and Mrs. Otto Weddingfelt and family attended Mrs. Jno. Rebensdorf's birthday party Monday evening. Mrs. Frank McGuire, Boyd, Mary and Eleanor attended Western Union and Wayne Normal basket ball game at Wayne Saturday even. ing. Lidabel Beal visited at the Noah McGuire home Wednesday evening. Marceling done at my home, Phone 20-J for appointments. Mrs. E. M. Buttery. Sugar Cane Date The Initials P. 0 stand for Proef station Oost Java. the earlier name of the planters' experiment station a Pasoeroean, Java. All sugar cane seedlings developed by this station are designated by those Initials. The De partment. of Agriculture has obtained cuttings of practically all of these seedlings which from their parentage disease resistance and general char acteristics appear to have commercia possibilities for Louisiana,


Article from Osmond Republican, July 15, 1931

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Article Text

BRYAN LISTS ATTORNEYS The controversy now at its height between Governor Bryan and Bank Receiver Clarence Bliss in which the governor is accused of such interference in the labors of the receiver that the latter attempted removal of his office from the co-operation of the state banking department has prompted Governor Bryan to publish the names of the attorneys who have been employed by the receivers and the amounts paid to them in the past. The Governor recently suggested list of attorneys who should be given preference in receivership cases and as these men were of the gov. ernor's political faith, decided ob jections were voiced by the receiver. Employed heretofore in bank cases according to the list given publicity by Bryan are: B. Hurley, Ponca, $735; Allen State bank, Allen; Citizens State bank, Martinsburg State bank, Martinsburg; Security State bank, Ponca. George B. Hastings, Grant, Allen State bank, Allen, and two others. Kelsey and Kelsey, Norfolk, $5,494; Battle Creek Valley bank, Battle Creek; Pierce State bank, Pierce: Enola State bank, Enola: Magnet State bank, Magnet; Meadow Grove State bank. Fred S. Berry, Wayne, $14,605: Beemer State bank, Beemer; Farmers State bank. Bradish: Farmers State bank, Altoona; Farmers State bank. Crofton; Magnet State bank, Magnet; Dixon State bank, Dixon; State Bank of Laurel, Laurel; Orchard State bank, Orchard: Thurston State bank, Thurston; Security State bank, Wakefield. H. Doyle, Fullerton, bank of Clarks, Clarks: Ottis and Murphy bank, Humphrey; Farmers State bank, St. Edward, and two ers. Shurtleff and Spillman, Norfolk, Breslau State bank, Breslau: James C. Guigley, Valentine, $1,220; Browneee State bank, Brownlee; Ranchers State bank, Cody: Valentine State bank, Valentine; Kilgore State bank, Kilgore; American bank Merriman. Crites and Crites, Chadron, $2,502; Chadron State bank, Chadron; Wayside State bank, Wayside; Farmers bank, Crawford (sale). W. A. Meserve, Creighton, $2,051; Security bank, Creighton; First State bank, Bazille Mills. Dolezal, Mapes and Johnson, Fremont, $4,456.61; Dodge State bank, Dodge; Farmers State bank, Ames; Dodge county bank, Scribner: Snyder State bank, Snyder; Farmers State bank, Genoa. Swarr. May and Royce, Omaha, $13,942.19; Scribner State bank, Scribner; Snyder State bank, Snyder; Brown county bank, Long Pine, and two others. Hammond, $226; Inman State bank, Inman. Sidney Frumm, Dakota City, $2,210; Bank of Dakota county, Jackson; First State bank, Nacora: State bank of Laurel, Laurel; Bank of South Sioux City, South Sioux City. NORFOLK MAN FOUND DEAD City authorities at Norfolk were called the home of Gus Bartholoto mew on Monday to ascertain if possible the cause of death of Hillard Bartholomew; 24 years old, whose body was found in the home garage by his father. From all indications the young man had committed suicide. Examination by the authorities proved that he had taken the car belonging to his father on Sunday evening without the knowledge of his parents and contrary to instructions from them. He had been out late in the evening and overturned the car. It was also learned that he had been drinking. The body of Bartholomew was found lying near the exhaust of the car; all doors to the garage were closed.


Article from The Sioux City Journal, July 31, 1931

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BANK RECEIVER ASKS LACTIC TOOTH BRUSH HIGH COURT REHEARING 25c TUBE LISand Lincoln, Neb.-Special: The supreme asked rehearPASTE, 75c value, both ing Receiver Parker of the for 47c. Thurston State bank in that part of judgment relating to his paying Heinrich Johnson Krusemark $6,750 as preferred claim. Kodaks, Films The two were bondsmen for Indian money deposited in the bank. and Finishing