12732. Nemaha County Bank (Auburn, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 9, 1931
Location
Auburn, Nebraska (40.393, -95.839)

Metadata

Model
gpt-5-mini
Short Digest
c73044af

Response Measures

None

Description

Articles (July–August 1931) show the Nemaha County Bank of Auburn in receivership under Clarence Bliss with sheriff's sale of assets scheduled. No article describes a depositor run; the bank was placed in receivership (government action) and assets auctioned, indicating permanent closure.

Events (2)

1. July 9, 1931 Receivership
Newspaper Excerpt
Clarence Bliss, Receiver of the Nemaha County Bank Auburn, Nebraska, corporation; NOTICE OF SHERIFF'S SALE ... under my hand this 9th day of July, ... sale ... 18th day August ... for public auction following described lands ... Nemaha County Bank Auburn, Nebraska, Clarence Bliss, Secretary the Department of Trade and Commerce of the State of Nebraska, Receiver of the Nemaha County Bank Auburn, Nebraska, corporation; (Nemaha County Herald, 1931-08-07).Nemaha Bank, Nebraska Bank, State Auburn, $10.00, County Bank, Auburn. Fred Auburn, Nemaha County Bank, Edgar Ferneau, County Bank, Auburn; (Grand Island Independent, 1931-07-11).Sabove excerpts indicate receiver appointed and assets to be sold.)
Source
newspapers
2. July 9, 1931 Suspension
Cause
Government Action
Cause Details
State banking department appointed a receiver (Clarence Bliss) and the bank's assets were placed under court order for sale; bank suspended and placed in receivership by state authorities.
Newspaper Excerpt
Clarence Bliss, Receiver of the Nemaha County Bank Auburn, Nebraska, corporation
Source
newspapers

Newspaper Articles (2)

Article from The Grand Island Independent, July 11, 1931

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Article Text

Receivers By Shows That Had Republicans Many Attorneys on Payroll WELLENSIEK IS LISTED Uncovers Names of Scores of Attorneys Who Were Appointed to Bank Posts Under Former tacks Bliss. Lincoln, July Bryan in answering the charges Clarence Bliss, former secretary of the banking department, Friday, declared that the republicans spent thousands dollars for attorneys fees in failed bank cases during the past two years. asserted that some of the attorneys receiving money would be asked to refund the amounts collected the state. Attorneys For Bliss On List The also pointed out that firm of Mothersead and Scottsbluff, which has filed an junction Gering on behalf of Clarence Bliss receiver of failed bank in Scottsbluff, to prevent Bryan interfering in its affairs, drew fees in nine receiverduring the last two years. Some democratic lawyers are cluded the roster made public the but he said most got only small amounts, while the big fees went to republicans. This list, he covcred only the period the Weaver biennium, ending June 30, last, the same condition prevailed during the McMullen regime. attorneys traveled all over the state for banks widely scattered places," the govercontinued. several different groups prominent lawyers have fees from the same little banks. The contest the last few days being made hold control these and keep this army republican attorneys on the payroll. Herewith are the names of the lawyers, drawn, the bank receiverships from which fees paid during the two years from July to June 30, 1931, given out by Ponca, $735, Allen State Bank, Allen: Citizens State Bank, State Bank; and Security Bank Ponca. George Hastings, Grant, $438, Allen State Bank, Allen; The State Bank, Champion; Perkins County State Bank, Grainton. Romig, Alliance, $147, First Bank, Alliance George Hager, Lincoln, $1,245,State Bank, Commerce, Ong: Exchange Bank, Ong, and Farmers State Bank, Good, Good and Kirkpatrick, Lincoln, Ashland State Bank, Line, Loup City, Bank Ashton, Bank Litchfield: and Loup City State Loup City. Stephens, Loup City, $417.15, Ashton, Cain. Falls City, $1,338.38, Nemaha Bank, Nebraska Bank, State Auburn, $10.00, County Bank, Auburn. Fred Auburn, Nemaha County Bank, Edgar Ferneau, County Bank, Auburn; Bank Crab Orchard Kelsey Kelsey, Norfolk, Battle Creek Valley Bank, Battle Creek; State Bank, Pierce; Enola State Bank, Magnet Bank, Magnet; Meadow Grove Bank. (Turn Page Eight Column Seven)


Article from Nemaha County Herald, August 7, 1931

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Article Text

Government Given under my day of Sheriff Nemaha County, Armstrong McKnight, torneys for Plaintiff. OF Notice hereby that an order of sale issued the Clerk of the District Court of Judicial trict Nebraska, within and Nemaha County, wherein Federal Comand Guy Mastin Mastin, husband wife; Robert Armstrong real and name unknown, wife of Robert Nemaha County Bank Auburn, Nebraska, Clarence Bliss, Secretary the Department of Trade and Commerce of the State of Nebraska, Receiver of the Nemaha County Bank Auburn, Nebraska, corporation; Federal Trust ComCharles Howe real and unknown, wife of Charles Howe; Lester Russell; Russell, real and true name known, wife of Russell; John Doe and Mary Doe, in posof and Sec. Range East of the in Nemaha County, Nebraska, are on the 18th day August, the east front door Court House City Auburn, Nemaha County, Nebraska, for public auction following described lands and tenements, South half Southeast Quarter Section and Four of Six and Seven Section Eleven (11), Four Range Fifteen of the Sixth (6th) Principal Nemaha County, under my hand this 9th day of July, NOTICE OF SHERIFF'S SALE Notice hereby given that by virtue of order of sale issued Sam Bixby, clerk of the court of County Nebraska, an action therein pending, which Trust Company, Edith Clark, John real name unknown, Mary name unknown, RichRoe, unknown, and Anna Roe, real known, in was the 30th day of the east front the house Nemaha Tuesday public to the highest bidder for. with said of sale the estate known described Quarter