12937. Commercial State Bank (Crawford, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
June 17, 1933
Location
Crawford, Nebraska (42.683, -103.413)

Metadata

Model
gpt-5-mini
Short Digest
9515576f

Response Measures

None

Description

Multiple newspaper court reports (1933–1934) reference the Commercial State Bank of Crawford as insolvent and having a receiver (E. H. Luikart). No articles describe a depositor run prior to suspension; the bank appears to have failed and been placed in receivership. Therefore this is classified as a suspension leading to permanent closure/receivership.

Events (2)

1. June 17, 1933 Receivership
Newspaper Excerpt
State ex rel Sorensen atty gen plf V Com St Bk Crawford E H Luikart recvr applnt; references to receiver and insolvency in later court opinions (appeals 1934).
Source
newspapers
2. June 17, 1933 Suspension
Cause Details
Bank insolvency leading to appointment of a receiver (reports refer to insolvency and receiver rather than a run).
Newspaper Excerpt
State ex rel C A Sorensen atty gen plf V Com St Bk Crawford E H Luikart recvr applnt
Source
newspapers

Newspaper Articles (7)

Article from Nebraska Legal News, June 17, 1933

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NEW CASES 28893 Myron W Power applee V Jas o Jones et al applnts forcl tax cert, Beghtol & Foe, J Lee RankinJos S Wishart, T F A WilliamsLancaster 28894 State ex rel C A Sorensen atty gen plf V Farmers St Bk Wood River E H Luikart recvr applee School dist No 8 Interv applnt clm, atty gen-F C Radke, Barlow Nye Harry Grimminger-Hall 28895 P C Toews applee V Wm Schlitt applnt forel mech lien, W M Whelan-J E Willits-Adams 28896 Lin Rd Equip Co applee V C M Bolton def impleaded with Jno Lautenschlager applnt chat mtg, Sandall & Webster-Kirkpatrick, Good & Dougherty-York 28897 State ex rel Sorensen atty gen plf V Com St Bk Crawford E H Luikart recvr applnt Jno C Thomas as admr est Susannah Spease dec applee clm, F C Radke, Barlow Nye, Crites & Crites-R WellingtonDawes 28898 Patricia Tighe applee V Interstate Transit Lines applnt damages pers inj, J A McKenzie, Mossman, Anderson & MeissnerDressler & Neely-Douglas 28899 State ex rel C A Sorensen atty gen plf V Com St Bk Crawford E H Luikart recvr applnt school dist city Crawford interv-applee clm, F C Radke, Barlow Nye, Crites & Crites-J E Porter-Dawes 28900 Bankers Life Ins Co Neb applee V Geo E Prebyl et al applnts mtg forcl, Rinaker & Delehant-Fred J Patz, Hubka & Hubka-Gage 28901 Andrew G Van Horn applee Lin Sales Outlet Co def implead with Chas A Crist et al applnts labor & work o B Clark-Geo I Craven-Lancaster 28902 State ex rel C A Randall member Neb St Ry Com plf V Geo E Hall treas St of Neb def mandamus, Paul F Good, Daniel Stubbs-Ralph P Wilson 28903 Henry J Warsaw applee Chas F Greenburg et al defs impleaded with Farmers Mut Hail Ins Assn garnishee-applnt garnishmt, Baylor & Tou Velle, Geo Healey-Clarence G Miles, Chambers & Holland, Putnam, Putnam, Langdon & FillmoreLancaster


Article from The Daily Reporter, March 24, 1934

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SUPREME COURT SYLLABI Opinions filed by Court: March 23, 1934 NOTE: Following Opinions, in full with index and digest, will appear in the Nebraska Supreme Court Journal issue of March 27, 1934. 28768 Rentschler V. Missouri Pacific R. R. Co. Appeal, Cass. Affirmed. Paine, J. Rose, J., dissenting. 1. "Collective labor agreement" and "trade agreement" are terms used to describe a bargaining agreement, as to wages and conditions of work, entered into by groups of employees, usually organized into a brotherhood or union, on one side, and groups of employers, or corporations, such as railroad companies, on the other side. 2. Such a collective agreement, being a general offer, becomes a binding contract when it is adopted into, and made a part of, the individual contract of each employee. A breach of its terms will give rise to a cause of action by either party. 3. The terms of the collective agreement, as included in an individual labor contract, ought not to be construed narrowly and technically, but broadly, so as to accomplish its evident aims and protect both the employer and the employee. An employee is not deprived of his right to seek redress in the courts because his contract of employment contained a provision providing a method of arbitration of disputes. 28790 In re Estate of Crosty Crosby V. Johnson. Appeal, Douglas. Affirmed. Begley, District Judge. 1. Where an application is made to probate a carbon copy of a purported last will and testament which has not been found, and on the trial a witness is produced who testified, without contradiction or impeachment, that the deceased during his lifetime destroyed said last will and testament in his presence, with intention of revoking it, the verdict of the jury that said deceased left no last will and testament at the time of his death will be affirmed. 2. It is not prejudicial error in a will contest to ask a mental expert, who had previously testified as to the effects of chronic alcoholism upon the mind of a patient, if in his opinion such patient was in sufficient mental condition to understand reasonably business affairs, and those to whom he was naturally obligated. or to know and understand about his property and his obligations reasonably toward those having lawful claims upon him, in case he should di and his property would have to be disposed of. 28808 McRae V. Mercury Ins. Co. Appeal, Douglas. Affirmed. Goss, An agreement for the immediate cancelation of a fire insurance policy, without giving five days' notice, can be made, and this can be shown by acts and conduct as well as by direct words. 2. Acquiescence in a cancelation notice will operate to cancel a fire insurance policy and will work an estoppel to assert that the policy is still in force. 28881 Dworak V. Shire. Appeal, Lancaster. Affirmed. Goss, C. J. 1. In law action. where the evidence is in substantial conflict, the decision of fact is for the jury. 2. A judgment on a verdict will not be set aside when the evidence of the prevailing party sustains the verdiet. Evidence and instructions ex. amined and HELD to be free from prejudicial error. 28889 The County of Knox Cook. Appeal, Knox. Affirmed in part and in *part reversed and remanded. Good, J. 1. A county judge is liable on his official bond for trust funds coming into his hands by virtue of his office, which funds he has lost by reason of insolvency of bank in which he had deposited them, notwithstanding he may have acted in good and without depository. negligence in the selection of a 2. County judge cannot set off against a claim for unreported fees the amount which he has paid as premium for his official bond, where no claim for such premium has been presented board. to and allowed by the county 28890 State ex rel Sorensen Denton State Bank (The Loan & Finance Co., Intervener). Appeal, Lancaster. Affirmed. Day, J. 1. Successful bidder at judicial sale becomes a party, may appear and urge confirmation, or show cause why he should be released from his obligation, and may appeal from the order upon motion for confirmation. 2. It is the duty of bank receivers and trial courts to attempt to secure highest possible price for assets of failed bank. 3. Substantially increased offers to receiver for assets of failed bank before confirmation of sale to highest bidder at public sale is sufficient evidence to support a finding of trial court in exercise of its judicial discretion that confirmation should be demed and new sale ordered. 28894 State rel Sorensen V. Farmers State Bank, Wood River, (School Dist. No. 8, Intervener). Appeal, Hall. Affirmed. Per Curiam. Judgment affirmed on the au.hority of State V. Farmers & Merchants Bank of Deshler, 3 SCJ, No 23, P 28895 Toews Schlitt. Appeal, Adams. Affirmed. Paine, J. Evidence examined, and judgment of the trial court affirmed. 28897 State ex rel Soren V. Commercial State Bank, Crawford. (Thomas, Intervener.) Appeal, Dawes. Reversed and remanded. Day, J. 1. Where S. deposits money in bank for which certificate of deposit issues, relationship of debtor and creditor is ordinarily created between bank and depositor. 2. This relationship is not changed to that of trustee and CESTUI QUE TRUST, because administrator of S. does not know of deposit and does not find certificate of deposit until informed years later by receiver of bank after its insolvency, even though bank, with knowledge of death of S. and administration of her estate, did not make voluntary disclosure that some years prior to her death had certificate which was non negotiable, but was assignable. 3. Wrongful conversion of fund by bank and augmentation of its assets essential elements to create trust fund, are not established by evidence in this case. 28899 State ex rel Sorensen Commercial State Bank Crawford (School District of The City of Crawford). Appeal, Dawes: Affirmed. Eberly, J. 1. The application for a new trial, by motion, because of newly discovered evidence, material for the party applying, which he could not, with reasonable diligence, have discov and produced at the trial, is required by section Comp. St. 1929, to Le made at the term the verdict, report or decision was rendered. 2. After adjournment SINE DIE of the term at which the judgment was rendered, the provisions of section 20-1145, Comp. St. 1929, are confor trolling as to statutory applicat on a new trial. 3. A motion for a new trial cannot be amended by assigning new grounds after the statutory time for fil ng such motion has expired, except upon a finding by the court that the party was unavoidably prevented from preamendment. senting the matter contained in the 4. Even the action of a majority of a school district board will not the district, without notice to or parbers. ticipation therein of the other mem5. Estoppel not having been pleaded in the district court may not be urged versal. on appeal as reason for re- Allen & Requartte, O. C. Wood, Attorneys 522 Terminal Bldg. SHERIFF'S SALE NOTICE IS hereby GIVEN That by virtue of an Order of Sale, issued by the Clerk of the District Court of the Third Judicial District of Nebraska, within and for Lancaster County, in an action wherein Emma B. Tidball is plaintiff, and E. C. Boehmer, Administrator of the Estate of Eleanor Gardner W. Gardner, Deceased; Herbert C. and first and real name unknown, Gardner, husband and wife: Marian Meyers and ers, first and real name unknown, husband and wife; Herbert Gardner, a single person; John Doe and Mary Doe, first and real names unknown, husband and wife, tenants in possession, are Defendants will, at 2 o'elock p. m., on the 24th day of April, A. D. 1934, at the east door of the Court House in the City of Lincoln, Lancaster County, Nebraska, offer for sale at public auction, the followto-wit: ing described Lands and Tenements, Lot Five (5) in Block Five (5) in Capitol Addition to the City of braska. Lincoln, Lancaster County, NeGiven under my hand this 21st day of March, A. D. 1934. CLAUDE P. HENSEL. Sheriff. Apr 21 Mar 24-31, Apr 7-14-21 Frank M. Coffey, ttorney 203 Kresge Bldg. NOTICE TO NON. RESIDENT DEFENDANT To James D. Barker: Lucile Barker has filed a petition in the district court of Lancaster county Nebraska, in which she prays that she be granted an absolute divorce from you, together with the care and custody of a minor son, James Lee Barker. Unless you answer said petition or before the 30th day of April, 1934, said petition will be taken as true and the relief prayed for by plaintiff granted. LUCILE BARKER, Plaintiff. Apr 14 Mar 24-31, Apr 7-14


Article from Nebraska Legal News, March 24, 1934

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IN THE STATE SUPREME COURT SYLLABI Opinions filed by Court: March 23, 1934 28768 28768 Rentschier V. Missouri Paeific R. R. Co. Appeal, Cass. Affirmed. Paine, J. Rose, J., dissenting. 1. "Collective labor agreement" and "trade agreement" are terms used to describe a bargaining agreement, as to wages and conditions of work, entered into by groups of employees, usually organized into a brotherhood or union, on one side, and groups of employers, or corporations, such as railroad companies, on the other side. 2. Such a collective agreement, being a general offer, becomes a binding contract when it is adopted into, and made a part of, the individual contract of each employee. A breach of its terms will give rise to a cause of action by either party. 3. The terms of the collective agreement, as included in an individual labor contract, ought not to be construed narrowly and technically, but broadly, so as to accomplish its evident aims and protect both the employer and the employee. 4. An employee is not deprived of his right to seek redress in the courts because his contract of employment a contained a provision providing method of arbitration of disputes. sented to and allowed by the county board. 28890 28890 State ex rel Sorensen v. Denton State Bank (The Loan & Finance Co., Intervener). Appeal, Lancaster. Affirmed. Day, 1. Successful bidder at judicial sale becomes a party, may appear and urge confirmation, or show cause why he should be released from his obligation, and may appeal from the order upon motion for confirmation. 2. It is the duty of bank receivers and trial courts to attempt to secure highest possible price for assets of failed bank. 3. Substantially increased offers to receiver for assets of failed bank before confirmation of sale to highest bidder at public sale is sufficient evidence to support a finding of trial court in exercise of its judicial discretion that confirmation should be denied and new sale ordered. 28894 28894 State ex rel Sorensen V. Farmers State Bank, Wood River, (School Dist. No. 8, Intervener). Appeal, Hall. Affirmed. Per Curiam. Judgment affirmed on the authority of State V. Farmers & Merchants Bank of Deshler, 3 SCJ, No 23, P 8. 28790 28790 In re Estate of Crosty, Crosby V. Johnson. Appeal, Douglas. Affirmed. Begley, District Judge. 1. Where an application is made to probate carbon copy of a purported last will and testament which has not been found, and on the trial a witness is produced who testified, without contradiction or impeachment, that the deceased during his lifetime destroyed said last will and testament in his presence, with intention of revoking it, the verdict of the jury that said deceased left no last will and testament at the time of his death will be affirmed. 2. It is not prejudicial error in a will contest to ask a mental expert, who had previously testified as to the effects of chronic alcoholism upon the mind of a patient, if in his opinion such patient was in sufficient mental condition to understand reasonably business affairs, and those to whom he was naturally obligated, or to know and understand about his property and his obligations reasonably toward those having lawful claims upon him, in case he should die and his property would have to be disposed of. 28808 28808 McRae V. Mercury Ins. Co. Appeal, Douglas. Affirmed. Goss, C.J. 1. An agreement for the immediate cancelation of a fire insurance policy, without giving five days' notice, can be made, and this can be shown by acts and conduct as well as by direct words. 2. Acquiescence in a cancelation notice will operate to cancel a fire insurance policy and will work an entoppel to assert that the policy is still in force. 28881 28881 Dworak V. Shire. Appeal, Lancaster. Affirmed. Goss, C.J. 1. In law action, where the evidence is in substantial conflict, the decision of fact is for the jury. 2. A judgment on a verdict will not be set aside when the evidence of the prevailing party sustains the verdict. 3. Evidence and instructions examined and HELD to be free from prejudicial error. 28889 28889 The County of Knox V. Cook. Appeal, Knox. Affirmed in part and in part reversed and remanded. Good, J. 1. A county judge is liable on his official bond for trust funds coming into his hands by virtue of his office, which funds he has lost by reason of insolvency of bank in which he had deposited them, notwithstanding he may have acted in good faith and without negligence in the selection of a depository. 2. County judge cannot set off against a claim for unreported fees the amount which he has paid as premium for his official bond, where no claim for such premium has been pre- 28895 28895 Toews V. Schlitt. Appeal, Adams. Affirmed. Paine, J. Evidence examined, and judgment of the trial court affirmed. 28897 28897 State ex rel Sorensen V. Commercial State Bank, Crawford. (Thomas, Intervener.) Appeal, Dawes. Reversed and remanded. Day, J. 1. Where S. deposits money in bank for which certificate of deposit issues, relationship of debtor and creditor is ordinarily created between bank and depositor. 2. This relationship is not changed to that of trustee and CESTUI QUE TRUST. because administrator of S. does not know of deposit and does not find certificate of deposit until informed years later by receiver of bank after its insolvency, even though bank, with knowledge of death of S. and administration of her estate, did not make voluntary disclosure that S. some years prior to her death had certificate which was non negotiable, but was assignable. 3. Wrongful conversion of fund by bank and augmentation of its assets essential elements to create trust fund. are not established by evidence in this case. 28899 28899 State ex rel Sorensen V. Commercial State Bank, Crawford (School District of The City of Crawford). Appeal, Dawes. Affirmed. Eberly, J. 1. The application for a new trial, by motion, because of newly discovered evidence, material for the party applying, which he could not, with reasonable diligence, have discovered and produced at the trial, is required by section 20-1143, Comp. St. 1929, to be made at the term the verdict, report or decision was rendered. 2. After adjournment SINE DIE of the term at which the judgment was rendered, the provisions of section 20-1145, Comp. St. 1929, are controlling as to statutory application for a new trial. 3. A motion for a new trial cannot be amended by assigning new grounds after the statutory time for fil ng such motion has expired, except upon a finding by the court that the party was unavoidably prevented from presenting the matter contained in the amendment. 4. Even the action of a majority of a school district board will not bind the district. without notice to or participation therein of the other members. 5. Estoppel not having been pleaded in the district court may not be urged on appeal as reason for reversal.


Article from The Lincoln Star, March 25, 1934

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SUPREME COURT SYLLABI. The following opinions were filed by the court, March 23. Rentschler Missouri Pacific R. Co. Appeal. Cass. Affirmed Paine, Rose, dissenting. 1. "Collective labor agreement" and "trade agreement" are terms used to bargaining agreement, as to wages and conditions of work, entered into by groups of employes, usually organized into brotherhood union, on one side, and groups employers, or corporations, such as railroad companies on the other side. Such collective agreement, being general offer, bindnig contract when it is adopted and made part of, the dividual contract each A breach of its terms will give rise to cause of action by either party The terms of the collective agreement, as included in an individual labor contract, ought to be construed narrowly and technically, but broadly, so as to accomplish its evident aims and protect both the employer and the employee. 4. An employee is not deprived of his right to seek redress in the courts because his contract of employment contained provision providing a method of arbitration of disputes. Will Denied Probate. In re Estate of Crosby, Crosby Johnson Appeal, Douglas. Affirmed Begley, District Judge. Where an application is made to probate carbon copy of purported last will and testament that has not been found, and on the trial witness is produced who testified. without Impeachment that the during his lifetime said last will and testament in his presence, with intention of revoking the verdict of the jury that said deceased left no last will and testa- ment at the time of his death will be affirmed. 2. It is not prejudicial error in will contest ask a mental expert, who had previously testified as the effects of chronic alcoholism upon the mind of patient, if in his opinion such patient was in sufficient mental condition to understand reasonably business fairs, and those to whom he was naturally obligated, or to know and understand about his property and his obligations reasonably toward those having lawful claims upon him, in case he should die and his property would have to be disposed May Cancel Policy. McRae V. Mercury, Ins. Co. Appeal, Douglas. Affirmed. Goss, An agreement for the immediate cancelation of fire policy, without giving five days' nocan be made, and this can be shown by acts and conduct as well as by direct words. Acquiescence in a cancelation notice will operate to cancel fire insurance poliy and will work an estoppel to assert that the policy is still in force, Must Pay Fee. Dworak vs. Shire. Appeal, LanAffirmed Goss, In law action, where the evidence is in substantial conflict, the fact is for the jury. 2. A judgment on a verdict will not be set aside when the evidence of the prevailing party sustains the 3. Evidence and instructions examined held to be free from prejudicial error. Liable on Bond. The County of Knox VS. Cook. Appeal, Knox Affirmed, in part and in part reversed and remanded. Good, 1. A county judge is liable on his official bond for trust funds coming into his hands by virtue of his office, which funds he has lost by reason insolvency of bank in which he had deposited them withstanding he may have acted in good faith and without negligence in the selection of depository. 2. County judge cannot set off against unreported fees the he had paid as premium for his official bond, where no claim for such premium has been presented to and allowed by the county board Must Get Best Bid. State rel Sorensen VS, Denton State Bank (The Loan & Finance Co. Intervener) Appeal, Lancaster Affirmed. Day, Successful bidder at judicial sale becomes a party, may appear and urge confirmation, or show cause why he should be released from his obligation, and may appeal from the order upon motion for confirmation. 2. It is the duty of bank receivers and trial courts attempt to secure highest possible price for assets of failed 3. Substantially increased offers to receiver for assets of failed bank before sale highest bidder at public sale is ficient evidence to support findof trial court in exercise of its judicial discretion that confirmation should be denied and new sale ordered. School Deposits Law. State rel Sorensen vs. Farmers State bank, Wood River, (School Dist. No. Intervener) Appeal, Hall. Affirmed. Per Curiam. Judgment affirmed on the authority State VS. Farmers & Merchants Bank Deshler, ante Toews VS. Schlitt. Appeal, Adams. Affirmed Paine, Not Trust Fund. State ex rel Sorensen Commercial State Bank, Crawford (Thomas Intervener) Appeal Dawes. Reversed and remanded. Day, Where 8. deposits money in bank for which certificate of deposit issues, relationship of debtor and creditor is ordinarily credited between bank and depositor. 2. This relationship is not changed to that of trustee and cestui que trust. because administrator of does not know of deposit and does not find certificate of deposit until informed years later by receiver of bank after its insolvency, even though bank, with knowledge of eath of S. and administration of her estate did not make voluntary disclosure that S. some years prior to her death had certificate which was non negotiable, but was assignable. 3. Wrongful conversion of fund by bank and augmentation of its assets, essential elements to create trust fund are not established by evidence this case Majority Can't Bind Board. State ex Sorensen Commercial State bank, Crawford (School District of The City of Crawford) Appeal, Dawes. Affirmed. Eberly, The application for new trial, by motion, because newly discovered evidence, material for the party applying, which he could not, with reasonable diligence, have discovered and produced at the trial, is required by section 20-1143 Comp. St. 1929, be made at the term the verdict, report or decision was 2. After adjournment sine die of the term at which the judgment was rendered the of section 20-1145, Comp. St. 1929, are controlling as statutory application for new trial. 3. A motion for new trial cannot amended by assigning new grounds after the statutory time for filing such motion has expired, except upon finding by the court that the was prevented by the court that the party vented from presenting the matter contained in the amendment. Even the action of a majority of school district board will not bind the district, without notice to Estoppel not having been pleaded in the district court may not be urged on appeal as reason


Article from Lincoln Journal Star, March 25, 1934

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SUPREME COURT SYLLABI. The following opinions were filed by the court, March 23. Rentschler Missouri Pacific R. R. Appeal. Cass. Affirmed. Paine, Rose, dissenting. 1. "Collective labor agreement" and "trade agreement" terms used to agreement, as to wages and conditions of work, entered into by groups of employes, usually into brotherhood union, on one side, and groups of employers, or corpsuch railroad companies on the other side. 2. Such collective agreement, being general offer, bindnig contract when it adopted and made of, the individual contract each A breach of its terms will give rise to cause of action by either party 3. The terms of the collective agreement, as included in an individual labor contract, ought not to be narrowly and nically, but broadly, so as to accomplish its evident aims and protect both the employer and the employee. 4. An employee is not deprived of his right to seek redress in the courts because his contract of employment contained provision viding method of arbitration of disputes. Will Denied Probate. In re Estate of Crosby, Crosby Appeal, Douglas. Affirmed. Begley, District Judge. Where an application is made to probate carbon copy of purported last will and testament that has not been found, and on the trial witness is produced who testified, without contradiction or impeachment that the during his lifetime said last will and testament in his presence, with intention of revoking it, the verdict of the jury that said deceased left no last will and testa- ment at the time of his death will be affirmed. 2. It is not prejudicial error in will contest to ask mental expert, who had previously testified as to the effects of chronic alcoholism upon the mind of patient, if in his opinion such patient was in sufficient mental condition to understand reasonably business affairs, and those to he was naturally obligated, or to know and understand about his property and his obligations reasonably toward those having lawful claims upon him, case he should die and his property would have to be disposed of. May Cancel Policy. McRae V. Mercury, Ins Co. Appeal, Douglas. Affirmed. Goss, An agreement for the immediate cancelation of fire insurance policy, without giving five days' notice, can made, and this can be shown by acts and conduct as well as by direct 2. Acquiescence in a cancelation notice will operate to cancel fire insurance poliy and will work an estoppel assert that the policy is still in force. Must Pay Fee. Dworak vs. Shire. Appeal, LanGoss, 1. In law action, where the evidence is in substantial conflict, the of fact is for the jury. 2. A judgment on a verdict will not be set when the evidence of the prevailing party sustains the 3. Evidence and instructions examined and held to be free from prejudicial error. Liable on Bond. The County of Knox vs. Cook. Appeal, Knox. Affirmed, in part and in part reversed and remanded. 1. A county judge is liable on his official bond for trust funds into his hands by virtue of his office, which funds he has lost by reason of insolvency of bank in which he had deposited them, nothe may have acted in good faith and without negligence in the selection of depository. 2. County judge cannot set off against unreported fees the amount which he had paid as premium for his official bond, where no claim for such premium has been presented to and allowed by the county board. Must Get Best Bid. State ex rel Sorensen vs. Denton State Bank (The Loan & Finance Co. Intervener) Appeal, Lancaster Affirmed. Day, Successful bidder at judicial sale becomes party, may appear and urge confirmation, or show cause why he should be released from his obligation, and may appeal from the order upon motion for 2. It the duty of bank receivers and trial courts to secure highest possible price for assets of bank. 3. Substantially increased offers to receiver for assets of failed bank before confirmation of sale highest bidder at public sale is ficient evidence support finding of trial court in exercise of its judicial discretion that confirmation should be denied and new sale ordered. School Deposits Law. State ex rel Sorensen vs. Farmers State bank, Wood River, (School Dist. No. Intervener) Appeal, Hall. Affirmed. Per Curiam. Judgment affirmed on the authority VS. Merchants Bank ante p.Toews vs. Schlitt. Appeal, Adams. Paine, Not Trust Fund. State rel Sorensen Commercial State Bank, Crawford. (Thomas Appeal Dawes. Reversed and remanded. Day, Where S. deposits money in bank for which certificate of deposit issues, relationship of debtor and creditor is ordinarily credited between bank and depositor. 2. This relationship is not changed to that of trustee and cestui que trust. because of S does not know of deposit and does not find certificate of deposit until years later by receiver of bank after its insolvency, even though bank, with knowledge eath of S. and administration of her estate. did not make voluntary disclosure that S. some years prior to her had certificate which was non negotiable, but was assignable. 3. Wrongful conversion of fund by bank and augmentation of its assets, elements to create trust fund are not established by evidence in this case Majority Can't Bind Board. State ex rel Sorensen Commercial State bank, Crawford (School District of The City of Crawford) Appeal, Dawes. Affirmed. Eberly, J. 1. The application for new trial, by because newly discovered evidence, material for the party applying, which he could not, with reasonable diligence, have discovered and produced at the trial, is required by section Comp. St. 1929, be made at the term the verdict, report or decision was rendered. 2. After adjournment sine die of the term at which the judgment was rendered the of section 20-1145, Comp. St. 1929, controlling as to statutory application for new trial. 3. A motion for new trial cannot be by assigning new grounds after the statutory time for filing such motion has except upon a finding by the court that the was prevented by the court that the party vented from presenting the matter contained in the amendment. 4 Even the action of majority of school district board will not bind the district, without notice to or participation therein of the other for members Estoppel not been pleaded in the district having court may not be urged on appeal as reason reversal.


Article from The Daily Record, March 27, 1934

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be aside when the evidence of the prevailing sustains the verdict. Evidence and examined and held to be free from prejudicial error. 28889. The County of Knox V. Cook. Appeal, Knox. Affirmed, in part and in part reversed and county judge is liable on his official bond for trust funds coming into his hands by of office, which funds he has lost by reason of insolvency of bank in which he/had deposited them. notwithstanding he have acted in good faith and without negligence in the selection of depository County judge cannot set off against claim for unreported fees the amount which he has paid as premium for his official bond, where no claim for such premium has been presented to and allowed by the county board. 28890. State ex rel Sorensen v. Denton State Bank (The Loan & Finance Co. Intervener) Appeal, Lancaster. Affirmed. 1. Successful bidder judicial sale becomes party. may appear urge confirmation, show why he should be his obligation. and may appeal from the order motion for It the duty of bank receivers and trial courts to highest price for of failed bank. 3. increased offers to for assets of failed bank before confirmation of sale to highest bidder at public evidence to support finding of trial exercise of its judicial that confirmation should be denied and new sale ordered. 28894. State ex rel Sorensen Parmers State Bank, Wood River, (School Dist. No. 8, Intervener) Appeal. Hall Affirmed. Per Curiam. Judgment affirmed on the authority State Farmers & Merchants Bank Deshler, 28895. Toews Schlitt. Appeal, AdAffirmed. Paine, ams. Evidence examined, and judgment of the trial court affirmed 28897 State ex rel Sorensen V. Commercial State Bank, Crawford. (Thomas Intervener). Appeal, Dawes. Reversed and remanded. Where money in bank for which certificate issues. relationship of debtor and creditor is ordinarily between bank and depositor. This relationship is not changed to that of trustee and que trust, beadministr not know of deposit and does not find of deposit later by receiver of bank after its insolvency. though bank, with knowledge of death of and of her estate, did not make voluntary disclosure that S. some years prior her death had certificate which was non negotiable, but was assignable. Wrongful conversion of fund by bank and augmentation of its assets, essential elements to create trust fund, are not established by evidence in this 28899. State ex rel Sorensen V. Commercial State Bank, Crawford (School District of The City Crawford) Appeal, Dawes. Affirmed. Eberly. The application for trial, by motion, because of newly evidence, material for the applying. which he could not, with reasonable diligence, have and produced at the trial, required by section 201143, Comp. St. 1929, be made at the the verdict, report or decision was rendered. After adjournment sine die of the term at which the was rendered, the of section 20-1145, Comp. St. 1929, are controlling as to for new trial for new trial cannot be by new grounds after the statutory time for filing such motion has expired. except upon finding by the court that the party was unavoidably from presenting the matter contained in the amendment. Even the action of majority of school district board will not bind the district, without notice to or participation therein of the other members. Estoppel not having been pleaded in the district court may not be urged on appeal as reason for reversal.


Article from The Daily Record, March 29, 1934

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at public is sufficient evidence to support finding of trial court in exerclse of its judicial discretion that confirmation should be denied and new sale ordered. 28894. State ex rel Sorensen v. Farmers State Bank, Wood River, (School Dist. No. 8, Intervener) Appeal, Hall. Per Curiam. Judgment affirmed on the authority of State Farmers & Bank of Deshler, ante, 28895. Toews v. Schlitt. Appeal, Adams. Affirmed. Paine, Evidence examined, and judgment of the trial court affirmed. 28897. State ex rel Sorensen v. Com. mercial State Bank, Crawford. (Thomas Intervener). Appeal, Dawes. Reversed and remanded Day, Where S. deposits money in bank for which certificate of deposit issues, relationship of debtor and creditor is ordinarily created between bank and deThis relationship is not changed to that of trustee and que trust, beof S. does not of deposit and does not find certificate of deposit until years later by receiver of after its insolvency, even though bank, with of death of S. and administration of her estate, did make that some years prior to her death had certificate which was non negotiable, but was assignable. Wrongful conversion of fund by bank and augmentation of its assets, essential elements create trust fund, are not established by evidence in this 28899. State ex rel Sorensen V. Commercial State Bank, Crawford (School District of The City of Crawford) Ap The application for trial. by because of newly discovered evidence, material for the party applying, which he could not, with reasonable diligence, have discovered and produced at the trial, is required by section 201143, Comp. St. 1929, to be made at the term the verdict, report or decision was rendered. After adjournment sine die of the term at which the judgment was rendered, the provisions of section 20-1145. Comp. St. 1929, are controlling as to statutory application for new trial. for new trial cannot be amended by grounds after the time for filing such motion has except finding by the court that the party was unfrom presenting the matter contained in the amendment. Even the action of majority of school district board will not bind the district, notice to or participation therein of the other 5. Estoppel not having been pleaded in the district court may not be urged on appeal as reason for reversal.