12230. Peoples Bank (Wauneta, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 19, 1932
Location
Wauneta, Nebraska (40.418, -101.371)

Metadata

Model
gpt-5-mini
Short Digest
16361ed116efbc10

Response Measures

None

Description

Articles show the Peoples Bank of Wauneta was placed in receivership by the Nebraska Department of Trade and Commerce (receiver appointed 1932-02-19) and is referred to as a failed bank with dividend payments in 1933. There is no mention of a depositor run prior to suspension in the provided texts; closure appears to be by state action/receivership.

Events (3)

1. February 19, 1932 Receivership
Newspaper Excerpt
E. H. Luikart, as Secretary of the Department of Trade and Commerce of the State of Nebraska, was appointed Receiver of the Peoples Bank, Wauneta, Nebraska; creditors ordered to file claims by April 16, 1932Notice to Creditors (Wauneta Breeze, 1932-02-24).
Source
newspapers
2. February 19, 1932 Suspension
Cause
Government Action
Cause Details
Court order appointing a state receiver (E. H. Luikart) for the Peoples Bank; creditors ordered to file claims.
Newspaper Excerpt
on the 19th day of February, 1932, the Honorable C. E. Eldred, Judge ... appointed Receiver of the Peoples Bank, Wauneta, Nebraska
Source
newspapers
3. January 25, 1933 Receivership
Newspaper Excerpt
2 FAILED BANKS PAY DIVIDENDS ... to depositors in the failed Peoples bank of Wauneta, which had paid $32,155 previously. (Omaha Morning Bee-News, 1933-01-25)
Source
newspapers

Newspaper Articles (2)

Article from The Wauneta Breeze, February 24, 1932

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Article Text

NOTICE Policies of the National Security Fire Insurance company of Omaha, Nebraska, having disappeared from the agency of Mr. George McGooden at Wauneta, Nebraska, their use is unauthorized and property owners are hereby warned against their acceptance, as follows: Mercantile Fire-30851 to 30875 inclusive; Tornado—19351 to 19375 inclusive; Combined dwelling-25253 to 25275 inclusive; Automobile-9126 to 9150 inclusive; Grain Certificates-6014 to 6020 inclusive. 12-3t National Security Fire Insurance By L. R. HOWORTH, Special Agent. NOTICE TO CREDITORS OF THE PEOPLES BANK, WAUNETA, NEBRASKA, TO FILE CLAIMS Notice is hereby given that on the 19th day of February, 1932, the Honorable C. E. Eldred, Judge of the District Court of Chase County, Nebraska, wherein the undersigned, E. H. Luikart, as Secretary of the Department of Trade and Commerce of the State of Nebraska, was appointed Receiver of the Peoples Bank, Wauneta, Nebraska, made and entered an order pursuant to the terms of which all creditors and persons having claims against said bank are ordered to file the same with the said E. H. Luikart, Secretary of the Department of Trade and Commerce of the State of Nebraska, Receiver, at his office in the City of Wauneta, Chase County, Nebraska, on or before the 16th day of April, 1932, under penalty of having their claims not so presented forever barred, unless for good cause shown, the Court shall by order direct payment thereof within six months after said day. Hearing on claims shall be had at the county court house in Imperial, Chase County, Nebraska, upon the 16th day of May, 1982, at 10:00 o'clock, or as soon thereafter as they may be heard. Any creditors not receiving through the mails proper forms for filing claims may procure them from the receiver at his office in the Peoples Bank, Wauneta, Nobraska, or from the Clerk of the Distriet Court of Chase County, Imper14-2t E. H. Luikart, Receiver.


Article from The Omaha Morning Bee-News, January 25, 1933

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Article Text

2 FAILED BANKS PAY DIVIDENDS bank dividends announced Tuesday by the state department of commerce were: or per cent, to depositors in the failed Jackson State bank, which had paid $11,853 previously, and 019, or cent, 10 depositors in the failed Peoples bank of Wauneta, which had paid $32.155 previously.