Nebraska State Bank - Beatrice, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 23, 1933
Location: Beatrice, Nebraska (40.268, -96.747)

Metadata

Model: gpt-5-mini
Short Digest: 39358a1e

Response Measures

None

Description

Article (Lincoln Journal Star, 1933-06-23) reports the failed Nebraska State Bank of Beatrice is in receivership and that the state banking department made another 10% dividend, bringing total returned to depositors to 50%. No run or reopening is described; bank remains closed with a receiver and dividend payments being made.

Events (1)

1. June 23, 1933 Receivership

Newspaper Excerpt: The department announced payment of another 10 percent dividend amount to $8,544 to depositors in the failed Nebraska State bank of Beatrice. This will bring the amount returned to 50 percent of the deposits $42,719.
Source: newspapers

Newspaper Articles (1)

1. June 23, 1933 Lincoln Journal Star Lincoln, NE

Article from Lincoln Journal Star, June 23, 1933

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Article Text

MERE MENTION your 1933 Atlas of the the Auto club. Price 75 cents. Masons meet at Masonic temple So. Sat. FunH. Loughridge avoid losing track of what going at home, Journal mailed to Phone B3333. Governor Bryan issued requipapers the Kansas for the return of Franklin Fritch, who charged with stealan automobile Nemaha county Fritch is being held by the police at Kas Broady, sheriff of Nemaha named agent for the Lincoln civic boys band, whose also includes girls, has been divided into three groups for purposes. The first, under W. Quick, practises Tuesday and Friday at the second, under Harry Ziegenbein, Monday and Wednesday mornings The girls' group is being directed August Dietze The held its first rehearsal Wednesday night. trucks all along the southwere tied up by Nebraska officers after midnight, Director Felton the gas inspection department. had given importers until midnight to get their bonds and licenses. How many were caught in the dragnet along the border he did not know, but said the number at Chester large, many telephoning to him to ask for release. Those who had proper credentials on file were liberated. His record shows that 197 dealers out of about 800 in Nebraska have not yet obtained licenses. Former Senator A. E. Allen of Cozad, was at the capitol Friday accompanied by his daughter, Hortense of Lincoln, and his brother, Allen Colorado Springs. Doctor Allen hails from Colorado city where saloons are prohibited by deeds conveyance the original town site. "Colorado Springs now has the 3.2 beer which is considered intoxicatsaid Doctor Allen, and while has no saloons the hotels and clubs have always dispensed intoxicating liquors to patrons, the authorities winking the provisions in the deeds the lots. Former Senator Allen is interested in the proposed Sutherland power and irrigation distirct. tricounty district supporters desire theirs with the Sutherland district, but that seems to be impracticable,' he said. Adjutant General Paul is ex,pending $8,000 of state funds saved from last year to fortify the na(tional guard Ashland camp -against rain which usually comes after Aug. the opening day of the camp. The work being done by-contract. One foot of earth is built up on all tent floor space. three foot sidewalk coarse gravel being built down each company tent row that guardmen may pass dry shod be*tween their tents and the dining -hall at the end of each street Old on the abandoned road pavement the old bridge over the Platte Mver being taken up and used rip rap the river where -doing damage by cutting away banks. Memorial hall being threatened wash the river. Low places the drill grounds are being filled so that water will not stand. The Bankers Life insurance company of Nebraska concluded two days' session of its general agents Friday, the general subject for day relating to methods of getting training new men, whether any income guarantee advisable. S. Allen, former chairman of the democratic state committee, said he had heard nothing new concerning the chairmanship now held by Thomas who has said he may not resign for some time. business the committe be handled by Vice Chairman Clark when Thomas unable to be present and there not likely any election of chairman until the convention held," Allen. Demand for poison bait for grasshoppers increasing northeastern Nebraska, Director Felton of the department of agriculture, reports, and he may obliged to his order which was for ten The firm Omaha which has the order is having difficulty in getting enough and only half the order has been filled. Hoppers reported black against the shady sides of and stalks the infested districts, Felton said farmers were co-operating to get the poison out rapidly possible. The grasshoppers still are young and have not spread far Auditor Price and State TreasHall conferred Friday garding refund gas tax paid by Leo Schacher of Lindsay This amount had been to the state treasurer draft but the bank upon which was drawn closed before could be cashed. claim was then filed with the bank receiver. The amount again paid the state and RepresentaJensen obtained appropriation to refund of the entire amount, rider being attached stating that the claim filed with the receiver of the bank should be assigned to the state. It develops, the state officers said, that the claimant had received two dividends from the receiver, one for 20 percent, which he cashed and another for 6 percent, which he still holding. How to adjust the account has not been termined. Greta Saum Barton appealed to the supreme court Friday because Douglas district court awarded her but $30 alimony, payable in six instalments gave her attorneys $70 for their services. She says that her husband, Harry C. Barton, from whom she was given divorce, wealthy man, with $500 month income, and that the alimony is inadequate. They were married in Omaha little over year ago. She says that before the honeymoon waned he insulting, nagging, sulky, pouty, jealous, stingy, ish, and sarcastic, and he that she demanded the says best of wildly and unreasonably sullen and irritable, and after girl had him for breach of promise of marriage she that he deed her all his property He ordered by the lower to finance her appeal to the supreme court altho protested that the only purpose the appeal was to speculate whether she would get larger alimony. The Citizens bank of Virginia has been authorized by the state banking department operate without restriction. The department announced payment of another 10 percent dividend amountto $8,544 to depositors in the failed Nebraska State bank of Beatrice. This will bring the amount returned to 50 percent of the deposits $42,719. The department also made first dividend of 10 percent to $5,400 depositors in the State bank and an additional percent $20,062 to depositors in the Farmers and Merchants State bank at This the returned the depositors to 15 percent. John J. Steele, treasurer Wayne county, asked the court Friday for the in which he was held liable to his and company, for money in failed banks that had been deposited in of the bond the banks had put up. Steele that courts should protect from the grave injustice growing out of strict application the of which requires him to deposit all public moneys the other penalizes him for doing this the money any part of lost. He says that in passing this law the legislature sought end practice whereby the treasurer, being liable for moneys received loaned it to political friends kept the interest, but that never intended to quire the doing of two diametricopposed acts He says that court right saying he could resign, that panacea since not possible another would take his place so burdened.