12734. American State Bank (Aurora, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
April 10, 1922
Location
Aurora, Nebraska (40.867, -98.004)

Metadata

Model
gpt-5-mini
Short Digest
cdff0d0b

Response Measures

None

Description

Articles (April 1922) report A. F. Ackerman as receiver of the American State Bank of Aurora and payments to claimants. No article describes a depositor run; the bank is in receivership and paying claims, indicating it had suspended and been closed permanently/placed in receivership.

Events (3)
1. April 10, 1922 Receivership
Newspaper Excerpt
A. F. Ackerman, receiver of the American State bank of Aurora, will not file a motion for rehearing ... He will ask that the mandates of the supreme court be sent at once to the clerk of the district court here. As soon as the receiver will pay the money to several claimants. Springer will be paid about $40,000; Mrs. Strauss, $25,000; Farney, $40,000; Kremer $7,000; Miss George, $3,000.
Source
newspapers
2. April 14, 1922 Other
Newspaper Excerpt
A. F. Ackerman, receiver of the American State Bank of Aurora, turned over money and securities aggregating $125,000 to Benjamin W. Springer, James R. Farney, Julia A. Strauss, E. J. Kremer and Rose George, claimants ...
Source
newspapers
3. * Suspension
Cause Details
Not specified in the articles; closure implied by appointment of receiver and payments to claimants.
Newspaper Excerpt
A. F. Ackerman, receiver of the American State bank of Aurora
Source
newspapers

Newspaper Articles (2)
1. April 11, 1922 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, April 11, 1922

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Article Text

Rehearing of Aurora Bank Not to Be Asked by Receiver Aurora, Neb., April 10.-(Special.) -A. F. Ackerman, receiver of the American State bank of Aurora, will not file a motion for rehearing in the supreme court in the bank cases recently decided in favor of J. Springer, Julia A. Strauss, Emil J. Kremer, James R. Farnel and Rose George. He will ask that the mandates of the supreme court be sent at once to the clerk of the district court here. As soon as the receiver will pay the money to several claimants. Springer will be paid about $40,000; Mrs. Strauss, $25,000; Farney, $40,000; Kremer $7,000; Miss George, $3,000.

2. April 15, 1922 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, April 15, 1922

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Article Text

Bank Receiver Pays Out $125,000 to 5 Claimants Aurora, Neb., April 14.-(Special.) -A. F. Ackerman, receiver of the American State Bank of Aurora, turned over money and securities aggregating $125,000 to Benjamin W. Springer, James R. Farney, Julia A. Strauss, E. J. Kremer and Rose George, claimants from the Amer-