12915. Columbus State Bank (Columbus, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 1, 1931*
Location
Columbus, Nebraska (41.430, -97.368)

Metadata

Model
gpt-5-mini
Short Digest
25457316

Response Measures

None

Description

Articles report the Columbus State Bank was turned over to the state banking department for liquidation about a year before the 1932 articles and a receiver (E. H. Luikart) is handling claims. No run or depositor panic is described; this is a government-ordered liquidation/receivership (closure).

Events (2)

1. February 1, 1931* Receivership
Newspaper Excerpt
E. H. Luikart, as receiver for the Columbus State bank, appealed to the supreme court ... the receiver now carrying the case to the supreme court. (articles from Feb-Mar 1932).
Source
newspapers
2. February 1, 1931* Suspension
Cause
Government Action
Cause Details
Bank was turned over to the state banking department for liquidation (state-ordered closure/receivership).
Newspaper Excerpt
After the bank was turned over to the state banking department for liquidation a year ago
Source
newspapers

Newspaper Articles (2)

Article from The Columbus Telegram, February 24, 1932

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Article Text

Ends Cleveland's P. Control that compulsory unemployment insurance should be adopted by the several states,' in the and debated on the affirmative in the evening. Columbus debaters in the afternoon were Jack Gammel, George Becher and Ben Levine and in the evening, Hanson McElfresh, Gordon Axford and Miss Dorothy Loseke. Osceola debaters in the evening were Miss Jeanette Frazier, Bob Nuquist and Victor Herrmann. Mr. Nuquist, who also debated on the affirmative in the afternoon, was considered especially good by those who heard him. Favor Occupation Tax RepealA recommendation that the occupation tax ordinance of the city be repealed and that the city council take necessary steps to compel those delinquent on their taxes under this ordinance to pay the amount owed, up till the time of repeal, will be made by a special chamber of which met at the office of Secretary Windmiller Tuesday evening to consider the question. The matter will be taken up with the judiciary committee of the city council and City Attorney Joseph L. Jiranek, to whom the matter was recently referred by the council. Mayor Becher had previously proposed that the ordinance repealed. The meeting Tuesday evening was called by Sam Gass and attended also by Otto F. Walter, Edward M. Ragatz, H. H. Hahn, Jack Windmiller, H. H. Adams and City Attorney Jiranek. Discussion during the meeting indicated that those present were generally in favor of a repeal of the ordinance imposing an occupation tax. The judiciary committee and the city attorney are to report back to the council before Apr. Appeals to Supreme Court-E. H. Luikart, as receiver for the Columbus State bank, today appealed to the from decision filed by Judge F. W. Spear in district court few weeks ago in which he held that Miss Bertha Gross, Columbus high school teacher, is entitled to preferred claim for $145 against the assets of the bank, according to United Press dispatch from Lincoln today. The sum involved represented school district warrant which Miss Gross received in October, 1930, as salary for her services teacher. She endorsed it, sealed it in an envelop addressed to Lincoln bank and gave it to 15-year-old girl student to mail. Testimony showed that the girl, instead of mailing it, cashed at the Columbus State bank and spent the money. After the bank turned over to the state banking department for liquidation year ago, Miss Gross


Article from The Colfax County Press and the Clarkson Herald Consolidated, March 3, 1932

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Article Text

APPEALS TO SUPREME COURT E. H. Luikart, as receiver for the Columbus State bank, appealed to the supreme court from a decision filed by Judge F. W Spear in district court a few weeks ago in which he held that Miss Bertha Gross, Columbus high school teacher, is entitled to a preferred claim for $145 against the assets of the bank, according to a United Press dispatch from Lincoln today. The district warrant which Miss Gross received in October, 1930, as salary for her services as a teacher. She endorsed it, sealed it in an envelope addressed to a Lincoln bank and gave it to a 15year-old girl student to mail. Testimony showed that the girl, instead of mailing it, cashed it at the Colubbus State bank and spent the money. After the bank was turned over to the state banking department for liquidation a year ago, Miss Gross filed a claim for the amount against the assets of the bank. The receiver resisted the claim, maintaining the bank was not liable. Judge spear, after hearing the case last October, took it under advisement, giving counsel on each side time to file briefs on the law point involved. In his decision rendered several weeks ago, Judge Spear held that the warrant was a chattel rather than a negotiable instrument, that the bank was liable under the circumstances, and that the amount should have the status of preferred claim against. the assets of the bank. The receiver now carrying the case to the supreme court. Columbus Telegram.