Breslau State Bank - Breslau, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: July 24, 1928
Location: Breslau, Nebraska (42.350, -97.699)

Metadata

Model: gpt-5-mini
Short Digest: c3d9280f

Response Measures

None

Description

Article states the Breslau State Bank was taken over July 24, 1928 and depositors have received partial payments from the guaranty fund commission. No mention of a depositor run prior to closure; indicates state takeover/closure and distribution of funds.

Events (3)

1. July 24, 1928 Receivership

Newspaper Excerpt: payment to depositors in failed banks. Among the number was the Breslau State bank taken over July 24, 1928.
Source: newspapers

2. July 24, 1928 Suspension

Cause: Government Action
Cause Details: Bank was taken over (closed) by authorities/guaranty fund commission on July 24, 1928.
Newspaper Excerpt: the Breslau State bank taken over July 24, 1928.
Source: newspapers

3. * Other

Newspaper Excerpt: Nearly $500,000 of the money had on hand was distributed by the guaranty fund commission, just before stepped of office, to depositors in failed banks. Among the number was the Breslau State bank... To date depositors have received 33 per cent.
Source: newspapers

Newspaper Articles (1)

1. May 10, 1929 The South Sioux City Mail South Sioux City, NE

Article from The South Sioux City Mail, May 10, 1929

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Article Text

Dignitaries of Episcopal Church in Session at Lincoln week discussion church problems and forming religious policies opened here Thursday with approximately 30 bishops the Methodist Episcopal church meeting in their annual session. Bishop W. F. McDowell, of Washington, D. senior bishop, presided at the opening business session Thursday morning. All of the busi. ness sessions of the bishops' will be given Thursday night. brief memorial service was held for Bishop Theodore Cincinnati, who died during the winter. Virtually every bishop presiding over domestic diocese was present at the conference but those assigned to foreign lands were unable to attend. PAID OUT HALF MILLION LINCOLN (Special) Nearly $500,000 of the money had on hand was distributed by the guaranty fund commission, just before stepped of office, to depositors in failed banks. Among the number was the Breslau State bank taken over July 24, 1928. The payment totaled or per cent of the total. To date depositors have received 33 per cent The state bank of Clarks, was closed 19. 1928, and total payments have been 51 per cent to date. This includes per paid, or $35,523. To depositors in Otis and Murphy Humphrey, whose bank closed February 1928, payment of $56,377 or 13 per cent was paid, making total of 35 per cent. LOUIS AIR MAIL SERVICE service between Omaha and St. Louis was inaugurated Wednesday when two Fokker planes arrived at Fort Crook. planes were met by the Omaha and Council Bluffs postmasters, HE SAYS WIFE HUBLED SHAVING MUG AT IIIM his wife hurled shaving mug at him, striking him in the chest and break. ing Pearl Neale seeking divorce from Ada Neale. SECOND TRAGEDY IN THIS HOME IN TWO MONTHS SPALDING (UP) Tragedy Wednesday entered the Smith famfor the second time in two months with the death of Roy Smith, years old. killed the his shotgun. 10-yearold son died two months ago from burns. Smith was found dead by his wife, the entire left side of his head torn away by the shot.