12884. Bank of Cedar Bluffs (Cedar Bluffs, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 30, 1931
Location
Cedar Bluffs, Nebraska (41.397, -96.611)

Metadata

Model
gpt-5-mini
Short Digest
004ce1ef

Response Measures

None

Description

No articles describe a depositor run. 1931 article references a Depositors Committee trustee and foreclosure actions, indicating the bank was in receivership/closed by that time. 1933 article says the town has been without bank several months and residents hope it will resume business, but no clear successful reopening is reported. Classified as a suspension leading to closure/receivership (suspension_closure).

Events (3)

1. July 30, 1931 Receivership
Newspaper Excerpt
G. A. Pestal, Trustee of the Depositors Committee of the Bank of Cedar Bluffs ... Courtright, Sidner, Lee and Gunderson, Attys for Plaintiff. Petition has been filed ... (mentions Receiver/Depositors Committee involvement).
Source
newspapers
2. July 30, 1931 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was in distress leading to formation of a depositors' committee and legal actions/foreclosure; indicates insolvency or adverse bank-specific conditions.
Newspaper Excerpt
G. A. Pestal, Trustee of the Depositors Committee of the Bank of Cedar Bluffs has filed a Petition ...
Source
newspapers
3. March 23, 1933 Other
Newspaper Excerpt
This town has been without bank several months every anxious for open. ... to be hoped that business resumed paying (notes community awaiting bank to resume business).
Source
newspapers

Newspaper Articles (2)

Article from Valparaiso Visitor, July 30, 1931

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Article Text

Items of Interest from the County Marriage Licenses J. H. Bromm Yutan Della Mae Kingery Wann County Court Jessie B. Bliss, has Ried a Petition for letters of Adminisration, ask ing that Conner V., Bliss be appoint ed Administrator of the estate of Cassius W. Bliss who died at Ashland, June 28, 1931, leaving personal property valued at $8,000.00 and Real state fro mwhich the annual rents and profits do not exceed $500 00. The only heirs are, Jessie B. Bliss, Widow and Conner V. Bliss, son. Hearing is set for Thursday, August 6, at 2 o'clock P. M. J. C. Bryant, Atty. District Court Petition has been filed by the Win slow State Bank of Winslow, Nebr, against Lena Jordan et al. asking partition of the NNW1 and the SE1 NW1. Sec 11-13-8, east of the 6th P: M. Robins and Yost, Attys First National Bank, Wahoo has filed a petition against Emma Cook et a], asking foreclosure of the SW1, Sec. 22 and the NW1. Sec 27, all in Township 14-7, East of the 6th P.M. containing about 320 acres. Hendricks and Kokjer, Attys. Petition has been filed wherein Wahoo Mutual Loan and Bldg. Ass'n is Plaintiff and Oliver Hanson ea a] are defendants, askig Foreclosure of Lots 1, 2, 3. 10, 11 ad 12, Block County. Hendricks an Kokjer, Attys I the matter of the estate of Mary Phelps Sexton, Petition has been filed for License 0 sell Lots 10. 11 and 12 in Block 134, County Addition to Wahoo. Hendricks and Kokier, Attys Hila Ericksen has filed a Petition against Albert Sundean, asking foreclosure of the NWSW11 Sec. 23-156. East of the 6th P. M. E. S. Schief lebein, Atty. Another Petition has been filed for foreclosure wherein Clarence G. Bliss, Receiver of the Nebraska State Savings Bank is Plaintiff and J. J. Johnson, et al are the Defendants, asking foreclosure of Lots 7, 8 and 9 in Block 125, County Addition to the City of Wahoo. Joe F. Berggen, Atty. Petition has been filed by B. E. Hendricks Vs Luella Hays Pflieger et al: asking foreclosure of the west 75 Acres of the No. 150 Acres of the NW1. Sec. 15-15-8, except one acre in the northeast corner deeded to the first Presbyterian Church of Marietta. Hendricks and Kokjer, Attys. George G. Cronkleton. Receiver of the Saunders County National Bank. Wahoo has filed three Petitions on Notes. In one, he asks judgement on Anton A. Walla for $950.00 and interest at 7% from Jan. 15 1930 to July 15, 1930 and 10% thereafter and costs. In a second, judgement against Vick Stuchlik for $150.00 with iterest at 8% from Ferruary 18, 1930 to March 1930 and 10% there after and costs. In the third, judgement against Frank Marsalek for $3000 with interest at 8% from May 14, 1930 and 10% thereafter and costs of suit. Clinton Brome is Atty. for the Receiver. G. A. Pestal, Trustee of the Depositors Committee of the Bank of Cedar Bluffs has filed a Petition against Francis V. Lichtenberg et al. asking foreclosure of the NW1SW1 and the ELSE|SW|. Sec 21-17-7, and the EW1. Sec 28-17-7, containing 220 acres. Courtright, Sidner, Lee and Gunderson, Attys for Plain tiff. Petition has been filed by Edw. G. Burkland et al against Maude L. Gilmore, et al asking Foreclosure on Mechanics Lien of a tract of land in Dean's Addition to Ashland. E. L. Mahlin, Atty. In the matter of the Application of Ernest Monteen as Executor of the Estate of Gust Monteen, Petieion has bee filed for License to sell the North 124 feet and the west 44 feet of Lot 3 in Block 7, Remington's Addition to the City of Wahoo, Lots 1-10 inclusive in Block one; Lots 1-9 incl. in Block 2, Lots 1-9 icl. in Block 3, all of Block 4 and 5; Lots 1-7 incl. of Block 6; Lots 1-10 incl in 9; Lots 18-19 and 20 in Block; all of Block 10, all situate in Dickensen's Addition to the City of Wahoo. Clyde R. Worrall, Atty.


Article from Wahoo Newspapers, March 23, 1933

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Article Text

Cedar Bluffs News Miss Victoria Killian, who been Oshkosh, Wis., with sister, Mrs. George Lamothe, rived Cedar Bluffs for extended stay with her father. Presbyterian church dinner Sunday as attended the weather, but those that there enjoyed services No services held in any in evening Elmer Henderson Colon, the Bank Cedar Bluffs when opens for business the future. Mr. favorably known good many citizens here and to be hoped that business resumed paying This town has been without bank several months every anxious for open. village caucus held last Friday night names Peter Bahde, Harold and Bowman, put up for the town board. Mr. and Babcock spent end Mrs. folks Pilger. The Patrick's given the opera house last Friday night attended, there were number dances given in Mr. Mrs. M. Fenster macher the music lovers that heard Fritz Kreisler the in Omaha, Friday night Mr and Mrs Henry their took place the home of William Settles on March 3rd. They by and Miss Irene hurst. Rev Miller Settles, formerly Miss Hayhurst, known the and school as primary teacher Henry Settles the Mrs. Settles, farming the Settles farm town. young couple take up house keeping after the school party given the Beebe where the bride boards, and after ride around in trailer, parade the their after Lent. We the young much success life. Elect Teachers At meeting the school board all the with the Mrs. Settles hired Inez Winslow elected to the vacanwhich the primary Miss teachers received about thirty percent wages. Frank again elected janitor for staff follows: principal, English teacher, Floma Samuelson; Griffin: 5th 6th, Irene and Miss Koplin; 1st and Miss Inez not yet certain the course would maintained for Mr. Rudolph Sukstorf near baby daughter the home an aunt March 13th. Mrs. Sukstorf her marriage Miss Frieda to the parents. Flower of Presbyterian church gave Saw puzzle party the mens hall night Quite few enthusiastic puzzle fans attended enjoyed the evening style first given the ladies. Excellent served by the Farm Meet On March 22, the Firemens the Farm Bureducational program "Incubation, brooding, feeding of chicks. Reddick state lead the number clubs helped make success. Quite few poultry around attended were enthusiastic about the lessons learned. Houser, county agent, made the arrangements for the meeting Everett McCauley submitted to the Richmond hospital week. He getting along nicely and will soon be again. Mrs. Grover Smith spent the with her mother WisNebraska. Quite storm visited this vicinity Sunday roads impassable the mail riers their complete routes Monday and Cars were stalled day Sunday trying to get through drifts the roads leading Bluffs. Saturday night turned snow by Sunday, and high wind all Sunday the drift, piling the worst all winter and home Friday evening The young folks themselves At hour George Scott served excellent refreshments.