12228. Bank of Waterloo (Waterloo, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 26, 1931
Location
Waterloo, Nebraska (41.287, -96.286)

Metadata

Model
gpt-5-mini
Short Digest
7086db123a6b0d1f

Response Measures

None

Description

The articles report the Bank of Waterloo as a defunct bank with a receiver (R. O. Brownell) empowered to collect funds (Mar 1931) and later the receiver discharged with liquidation complete (Jan 16, 1932). No run is mentioned; the bank was closed and in receivership, so classified as suspension_closure. 'Bank of Waterloo' lacks an explicit charter type in the clips, so bank_type set to unknown.

Events (2)
1. March 26, 1931 Receivership
Newspaper Excerpt
An order empowering R. O. Brownell, receiver for the Bank of Waterloo, to proceed with collection of double liability funds from stockholders to make up deficit of $30 was issued in district court here Wednesday.
Source
newspapers
2. January 16, 1932 Other
Newspaper Excerpt
Brownell was discharged receiver of ... Bank of Waterloo ... by District Judge Charles Foster, orders signed Saturday. These bank-liquidations are complete.
Source
newspapers

Newspaper Articles (2)
1. March 26, 1931 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, March 26, 1931

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Article Text

FAILED BANK RECEIVER HAS POWER TO COLLECT OMAHA. (/P). An order empowering R. O. Brownell, receiver for the Bank of Waterloo, to proceed with collection of double liability funds from stockholders to make up deficit of 30 was issued in district court here Wednesday. Money realized thus far from assets of the defunct bank which have been applied on

2. January 16, 1932 The Omaha Evening Bee-News Omaha, NE
Article from The Omaha Evening Bee-News, January 16, 1932

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Article Text

BROWNELL DISCHARGED AS BANK RECEIVER Brownell was discharged receiver of the Citizens State bank Ralston, American State bank Omaha, Bank of Waterloo and Bennington State bank by District Judge Charles Foster, orders signed Saturday. These bank- liquidations are complete.