Bank of Burchard - Burchard, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 24, 1927
Location: Burchard, Nebraska (40.148, -96.350)

Metadata

Model: gpt-5-mini
Short Digest: bd226e89

Response Measures

None

Description

Article states the Bank of Burchard was closed by the (state) department of trade on May 24, 1927. A petition for appointment of a receiver (Clarence G. Bliss) was filed in district court (article date 1929-09-19), indicating permanent closure and receivership. OCR shows department of trade and in text; interpreted as state department action. No run is mentioned.

Events (2)

1. May 24, 1927 Suspension

Cause: Government Action
Cause Details: Closed by the (state) department of trade on May 24, 1927.
Newspaper Excerpt: Petition was filed ... for appointment of a receiver for the bank of Burchard, closed by the department of trade and May 24, 1927.
Source: newspapers

2. September 19, 1929 Receivership

Newspaper Excerpt: Petition was filed in district court here in the name of Attorney General Sorensen for appointment of a receiver for the bank of Burchard ... Clarence G. Bliss was named in the petition as receiver.
Source: newspapers

Newspaper Articles (1)

1. September 19, 1929 Lincoln Journal Star Lincoln, NE

Article from Lincoln Journal Star, September 19, 1929

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Article Text

BANK RECEIVER ASKED PAWNEE CITY, Neb. Petition was filed in district court here in the name of Attorney General Sorensen for appointment of a receiver for the bank of Burchard, closed by the department of trade and May 24, 1927. Clarence G. Bliss was named in the petition as receiver. For some time it was believed that affairs of the bank could be closed without expense of a receivership.