13007. Elgin State Bank (Elgin, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 9, 1929
Location
Elgin, Nebraska (41.983, -98.084)

Metadata

Model
gpt-5-mini
Short Digest
59331320

Response Measures

None

Description

Newspaper items indicate the Elgin State Bank was in receivership by Sept 1929 (court docket references 'State of Nebraska vs Elgin State Bank' and 'receiver excepts'). Later articles (May 1930, Mar 1931) reference the receiver applying for a dividend and being ordered to enter deed. There is no mention of a depositor run; the bank was closed and under receivership (government action).

Events (3)

1. September 9, 1929 Suspension
Cause
Government Action
Cause Details
Bank was in receivership (court docket entries reference a receiver); suspension/closure appears to have been by receiver/court action.
Newspaper Excerpt
State of Nebraska, VS Elgin State Bank. Claim of Cratty Lumber and Grain Co ... allowed as set off on the indebtedness of said company to Elgin State Bank. Receiver excepts.
Source
newspapers
2. May 23, 1930 Other
Newspaper Excerpt
The receiver of the Elgin State bank has made application to the district court to pay dividend ... This the first dividend in this bank.
Source
newspapers
3. March 2, 1931 Receivership
Newspaper Excerpt
State, ex rel. Spillman vs. Elgin State Bank, receiver ordered to enter deed.
Source
newspapers

Newspaper Articles (5)

Article from The Oakdale Sentinel, September 12, 1929

Click image to open full size in new tab

Article Text

Refueling STAR Sunday School 10:00 m. Sermon 1:00 m. Y P. C. E. 7:30 m Say, we start the new year with each officer and teacher on time. Mrs. Weltz, delegate, will report at 8:00 p. m. Lets have a full house. Last Wedeesday, as we arrived at Seward, Mrs Kauffroath received message that her mother, now 87 years old, vas very sick. Since that time she has been at her bedside at Pleasanton. We visited the Capitol and spent two days at the Fair, which was a great fair, to say the least. The booths under the grandstand did $5000 business the first three days. We saw no part of the state looking better than Antelope county. Let us all boost for Oakdale and Antelope county. RS Kauffroath, PASTOR Services for Sunday, Sept 15, 1929 Sunday School 10 a. m. Y. P. C. E. 7:30 p. m. Sermon 8:00 p. m, Sept. 8th was the beginning of the church year. With all the departments reorganized and our finances well ar. ranged for we begin another year's work in the community with a splendid outlook. The State Conference, composed of 57 stations and 68 ministers, was well attended. Only 12 stations retained their former pastors this year. Three new men entered the Conference. One was ordained and three were licensed to preach Now may there be a hearty cooper ation all along the line, and everyone determine to make this the best year in every respect of all former years. CASES IN DISTRICT COURT The September 1929 Term of the Dis. trict Court opened Monday with Judge Charles H. Stewart presiding. Action was taken in the following cases: The Oakdale Bank V. Oakdale Milling Co. Case ordered stricken from the docket. Antelope State Bank V. Hollingsworth et al. Leave granted plaintiff to file answer to petition of intervention with in 10 days. State Bank of Clearwater VS Max Hansen, et J. F. Boyd withdraws appearance as attorney for plaintiff. Dawson, et al V, Oelsligle, et al Dismissed. Tilden Nat'l Bank, et al. V. Oelsligle et al. Dismissed. Penn V. Neligh Lumber Grain & Coal Co. Defendant given 15 days to plead Antelope State Bank V. Cole, et al J. F. Boyd withdraws appearance as attorney for plaintiff Elgin State Bank V. Mallory. Case stricken from the docket State of Nebraska, VS Elgin State Bank. Claim of Cratty Lumber and Grain Co in amount of $1290 allowed as set off on the indebtedness of said company to Eigin State Bank. Receiver excepts. Hutto V. Smalley. Judgement for plaintiff in amount of $3000.00. Butler, et al, V. Gow, et al Sher iff's sale confirmed and deed ordered. Anson V. Barton, et al Objections to confirmation overruled. Sale con firmed, deed ordered. Defendant ex cepts. Supersedeas bond fixed at $1200 Oebring. et al. V. Davis. Sheriff's sale confirmed and deed ordered. Parker, Receiver V. Meyer. Defendant given leave to file amended answer within 10 days. Plaintiff given 10 days thereafter to plead. Elgin Lumber Co. V. Batie, et al. Finding for plaintiff on validity of mechanic lien. Finding for Defendant on counter claim. Both plaintiff and defendant except. Gibson v Lull, et Decree of foreclosure and sale as prayed. Hutto V. Hutto. Finding for plain tiff. Decree of annullment as prayed Parker, Receiver V. Hoos, et al Motion of plaintiff for new trial over raled. Plaintiff excepts. Plaintiff given leave to file reply within 16 days from this date. Mathers V Mathers Decree of di vorce as prayed Jacobson Jacobson. Decree of divorce as prayed Cratty Lumber & Grain Co. V. Riggs. Dismissed. Krohn V. Hays, et al. Decree of foreclosure and sale as prayed. Alderson, et al. VS Hitchens, et al Defendants given 20 days to investigate and file objections to referee's report. Objections thereto ordered filed within 20 days. Mossbarger V City of Tilden Find. ing and decree as per stipulation on file. Miller V. Holcomb, et al Decree of foreclosure and sale as prayed. Gibson V. Neligh Inv Co. et al. De cree of foreclosure and sale as prayed Travelers Ins Co. V. Dabistrom, et al Decree of foreclosure as prayed. Jensen, Receiver V Paulsen, et al. Finding for plaintiff, Judgment on finding. Mummert, V. McQuaid, et Decree of foreclosure and sale as prayed. Estate of John Reimer, deceased. Finding for plaintiff. Decree establish ing heirship Travelers Ins. Co V. Royal, et al. Decree of foreclosure and sale as prayed in petition and cross petition. Gilman v.i Bliss, Secretary, et al. Decree of foreclosure BH prayed. Nebraska Central B & L. A. Schaltz, et al. Motion for security for costs confessed and security given Mastalir, Admr. V. Danson, et al Plaintiff given leave to amended petition instanter. Defendant given. 30 days thereafter to plead. Wagner vs Wagner. Finding for plaintiff annuling marriage as prayed Parker, Receiver V Campbell. Finding for plaintiff both causesof action. Judgment on finding. Parker, Receiver V. Campbell Find ing for plaintiff. Judgment on finding Musser V Musser. Defendant order ed to pay plaintiff money for support and suit money Bowers V. Bowers. Defendant restored her maiden name Lambert V Lambert On motion of plaintiff attachment reinstated. Presbyterian Church Services at the Presbyterian church Sunday, Sept 15. Sunday School 10 a m. Preaching service at 11 a. m. S F. Sharpless, Minister unless very urgent. Calling students from class is a bad interruption for both teacher and students. So hope that the people of Oakdale will give us their cooperation observing this rule. Girls Manual Training Class This year Manual Training has been offered to the girls. Only two or three seemed interested at first but gradually the number increased to fourteen, one of which is an ex-graduate. The work first consists of toy making and minor things. Later the class will take up furniture weaving. Call The Dentist! Last Thursday morning Miss Ruth Gormley, the music teacher, told the High School it was like pulling teeth to get us to sing. But you know, we always have to be sure our teacher is good, 80 we let Miss Gormley sing few solos for us and then as we were all just ready to chime in and get going at ong the bell rang and the period was up. But the next time we started going strong from the first and made Miss Gormley change her opinion of us GRADE NOTES In the first grade there are 34 enrolled but 22 are just beginners. Lyman Harbottle had birthday and he shared it with bis classmates by treating them to cake and candy The second grade, having only 27 pupils enrolled, are enjoying a less crowded condition. They are showing a great interest In their work, especially/music. Sickness has caused a few absences. THIRD GRADE Jeanette Timm was absent on Thursday on account of the death of her grandfather. One new face appears in the 3rd grade this year, that of Donald Little. This grade is glad to be alone. We have 80 much more fun, are not 80 crowded. Brainards mother, Mrs. Tavener, is letting the third grade use her victrola this year. Everyone sends a big "thank you" to her. We like our musle period under Miss Gormley very much. She has taught us a song about Fido" and the "One I Love." Wh have heard from Dean Anderson this year. He is happily settled at Craig, Nebr. There are eighteen pupils enrolled in the fourth grade. Arnold Michaelson stayed home last Thursday to entertain his baby sister Those who still have 100 on the Self Control Chart are Maurine Coonrod, Ella Fleharty, Glen Buckmaster and Clifford Schwarting. Daniel Kohl was absent Monday, Ar nold Michaelson and Evelyn Palmer were absent Tuesday, due to illness. The fifth grade enrollment is 21 this year, the sixth grade has 18 and the seventh has 11 Ruth and Leo Cadwell and LeOta Fredinberg of the sixth grade have been absent on account of sickness. Palmer Method Honors The following grade pupils have received honors in Palmer Method Penmanship for work done last year: Arlene Evans-Improvement Certifi cate. Majol Holmes-Improvement Certifi cate. Cecil Lingenfelter-Improvement Certificate Evelyn Springer-Improvement Certificate Ruth Whisman Students Final Certificate. Pauline Leach-Palmer Method Button STAR Miss Henrietta Kleveland of Newman Grove spent the week end with the Misses Nina and Leota Bomar. Mr. and Mrs. Chas. Pratt Jr. and daughter accompanied Mr. and Mrs Chas. Pratt Sr. of Elgin to Omaha Monday. They expect to return Wednesday. Alex Lind, who since last March has been living on his farm in this neighborhood, was married last Weanssday to Mrs. Emma Totten of Elgin at the home of his parents in Tilden. Mr. and Mrs. Lind went to the state fair for a couple of days, and from there will go to points in Colorado and the Black Hills before returning to their home here. Miss Elsie Barton spent the week end with her folks at Royal. Mr. and Mrs. Jas. Blies went to Oakdale Sunday to make the acquaintance of their new granddaughter at the Albert Michaelson home. Jas. Murphy and family were shopping at Neligh last Saturday. Mrs. Robt Schuchardt and daughter, Marion, of Neligh spent the week end at the Henry Bomar home. They returned home Monday accompanied by Miss Nina Bomar. Ben Taylor and family visited Monday evening at the Floyd Russell home. Those from here going to Norfolk Tuesday to see the fleet of airplanes from Omaha includes: Mr. and Mrs. Lloyd Huselton and daughter, Mr. and Mrs Claney, Mr. and Mrs. Floyd Martindale and Miss Ann Nilson. Ed Martin has been experiencing considerable trouble with one of his ears lately. He has been under the care of an Elgin doctor, who sent him to Norfolk Tuesday to an ear specialist. Geo Tierney and family visited Monday evening at the Ed Henshew home. Miss Ann Nilson returned last Wedneaday from Lincoln where she bad been attending the state fair. Frank Jensen and Roy Musser were at Neligh on business last Thursday. Mr. and Mrs. Jas. Blies recently spent day at Winside at the home of their daughter, Mrs. Henry Nelson Mrs. Ada Duncan, who has been living with her daughter, Mrs. Geo. Schwarting, moved to Oakdale Tuesday into one of the Keck houses. Her daughter, Cassie, and Neta Clark helped her get settled Tuesday afternoon. Mr. and Mrs. Claney went to Newman Grove Tuesday evening to stay a while at the home of their son, Rob. CEDAR CREEK Cedar Creek neighborhood was pretty well deserted Wednesday, it being Childrens Day at the fair, and the ball tournament at Petrrsburg took many away from home. Ervin Anson was a Sioux City visitor this week. Mr. Livingaton returned home Tuesday from South Dakota where he has been visiting relatives the past few weeks. Mr. Stabler returned home from Alliance, Nebr. the fore part of the week weere he had gone to take Mrs. Stabler to that place where she will teach school this coming year. Mr. Stabler says crops in that part of the The Christansen families and relatives of Iowa celebrated a family recontinued on last page


Article from The Elgin Review, September 13, 1929

Click image to open full size in new tab

Article Text

SEPTEMBER TERM OF COURT HELD MONDAY The September, 1929, term of district court opened Monday, September with Judge Charles H. Stewart presiding. Action was taken the following cases: The Oakdale Bank Oakdale Milling Company, case ordered stricken from the docket. Antelope State Bank vs. Max Hansen, et Boyd withdraws pearance as attorney for plaintiff. Dawson, et al. vs. Oelsligle, et al.; dismissed. Tilden National Bank Oetsligle, dismissed. Penn Neligh Lumber, Grain and Coal Company; defendant given 15 days to plead. Antelope State Bank vs. Cole, al.; Boyd withdraws appearance as attorney for plaintiff. Elgin State Bank Mallory; case stricken from docket. State of Nebraska VS. Elgin State Bank; claim of Cratty Lumber and Grain Company, in amount of allowed as set off on the indebtedness of said company to Elgin State Bank; receiver excepts. Hutto Smalley; judgment for plaintiff in amount of $3,000. Butler, al. Gow, et al.; sheriff's sale confirmed and deed dered. Anson Barton, et al.; objections to confirmation overrulled; sale firmed and deed ordered; defendant excepts; supersedeas bond fixed $1,200. Oehring, et Davis; sheriff's confirmed and deed ordered. Parker, receiver, Meyer; fendant given leave to file amended answer within 10 days; plaintiff 10 days thereafter to plead. Elgin Lumber Company vs. Batie, finding for plantiff on validity of mechanic's lien; finding for fendant on counter claim; both plaintiff and defendant except. Gibson VS. Lull, al.; decree of foreclosure and sale as prayed. Hutto vs. Hutto; finding for plaintiff: decree of annulment prayed. as Parker, receiver, VS. Hoos, et motion of plaintiff for new trial overrulled; plaintiff excepts; plaintiff given leave to file reply within 15 days from this date. Mathers Mathers: decree of prayed. Jacobsen Jacobsen; decree divorce as prayed. Cratty Lumber and Grain Company Riggs; dismissed. Krohn Hays, et decree of foreclosure and sale as prayed. Alderson, et Hitchens, defendants given 20 days to investigate and file objections to referee's report; objections thereto ordered filed within 20 days. Mossbarger City of Tilden, findand decree per stipulation file. Miller Holcomb, decree of foreclosure and sale as prayed. Gibson Neligh Investment Comet decree of foreclosure and pany, sale as prayed. Travelers Insurance Company Dahlstrom, et al.; decree of forecloas prayed. Jensen, receiver, Paulsen, et finding for plaintiff; judgment finding. Mummert VS. McQuaid, et cree of foreclosure and sale as pray Estate of John Reimer, deceased; finding for plaintifff; decree establishing heirship. Travelers Insurance Company Royal, et al.; decree of foreclosure and sale as prayed in petition and petition. Gilman VS. Bliss, secretary, decree of foreclosure as prayed. Nebraska Central Building and Loan Association VS. Schultz, motion for security for costs con fessed and security given. Mastalir, administrator, VS. Denson, et al.; plaintiff given leave to file amended petition instanter; fendant given 30 days thereafter Wagner Wagner; finding plaintiff annulling marriage as Parker, receiver, McCampbell; finding for plaintiff both of action; judgment on finding. Parker, receiver, finding for plaintiff; judgment finding Musser Musser; defendant dered to pay plaintiff money for port and suit money. Bowers Bowers: defendant stored maiden name. Lambert on motion plaintiff attachment reinstated. Leo Kent, of Crookston, is spendcouple of weeks the home brother, Jay Kent.


Article from The Orchard News, September 13, 1929

Click image to open full size in new tab

Article Text

MATTERS IN DISTRICT COURT The September 1929 term of the District Court opened September 9, with Chas. H. Stewart Action was taken in the following cases. The Oakdale Bank VS Oakdale Milling Co., Oase ordered stricken from the docket. Antelope State bank Hollingsworth, et al. Leave granted plaintiff to file answer to petition of intervention within ten days. State bank of Clearwater, vs. Max Hansen, et al. J. F Boyd withdraws appearance as attorney for plaintiff. Dawson et al, v.s. Oelsligle, et al. Tilden National bank Oelsligle, et al. Dismissed. Penn vs. Neligh Lumber Grain & Coal Co., Defendant given 15 days to plead. Antelope State Bank vs. Cole et al. J. F. Boyd withdraws appearance as attorney for plaintiff Elgin State bank VS Mallory. Case stricken from docket State of Nebraska Elgin State bank. Claim of Cratty Lumber and Grain Co., in amount of $1290.44 allowed as set off on the indebtedness of said company to Elgin State bank. Receiver excepts. Hutto VS Smalley. Judgment for plaintif in amount of $3000.00. Butler et al. VS. Gow, et al. Sheriff's sale confirmed and deed ordered. Anson V.S. Barton et Objections to confirmation overruled. Sale confirmed, deed ordered. Defendants excepts. Supersede as bond fixed at $1200.00. Oehring et al. vs. Davis. Sheriff's sale confirmed and deed ordered. Parker, Receiver VS. Meyer. Defendant given leave to file amended answer within 10 days thereafter to plead. Elgin Lumber Co. vs. Batie et al. Finding for plaintiff on validity of mechanic's lien. Finding for defendant counter claim. Both plaintiff and defendant except. Gibson VS. Lull et al. Decree of foreclosure sale as prayed. Hutto VS. Hutto. Finding for plaintiff. Decree of annullment as prayed. Parker. Receiver. vs. Hoos, et al. Motion of plaintiff for new trial overruled. Plaintiff excepts. Plaintiff given leave to file reply within 20 days from date. Mathers VS. Mathers. Decree of Divorce as prayed. Jacobson VS. Jacobson Decree of divorce as prayed. Cratty Lumber & Grain Co., vs. Riggs. Dismissed. Krohn vs. Hays et al. Decree of foreclosure and sale as prayed. Alderson et al. VS. Hitchens et al. Defendants gven 20 days to investigate and file objections to referee's report Objections thereto ordered filed within 20 days. Mossbarger VS. City of Tilden. Finding and decree as per stipulation on file. Miller vs. Holcomb et al Decree of foreclosure and sale as prayed. Gibson Neligh Inv. Co., et al. Decree of foreclosure and sale as prayed. Travelers Ins. Co., et al. Decree of foreclosure as prayed. Jensen, Receiver. Paulsen et al. Fnding for plaintiff. Judgment on finding. Mummert vs. McQuaid et al. De-


Article from Neligh Leader, May 23, 1930

Click image to open full size in new tab

Article Text

DIVIDENDS ON FAILED BANKS Applications for Same Made to Court by Receivers The receiver of the Elgin State bank has made application to the district court to pay dividend per cent the depositors of record. The amounts to This the first dividend in this bank. The receiver of the Antelope County bank Oakdale has asked dermission to pay dividend of which totals This bank had previously paid dividof 20 percent.


Article from Neligh News, March 5, 1931

Click image to open full size in new tab

Article Text

DISTRICT COURT SESSION IS HELD HERE MONDAY The spring term of the district court of Antelope county opened Monday, March 2. with Judge Clinton Chase presiding. Action was taken in the following cases: Bucacek vs. Dudek, action dismissed. Frey vs. Frey. ordered stricken at request of plaintiff. Dunbar VS. Dunbar. action dismissed. Hughes vs. Allison, action dismissed at plaintiff's costs. State, ex rel. Spillman VS. Farmers State Bank, Brunswick, application of Citizens State bank, University Place, sustained; receiver directed to assign any and all interest which he may have in the claim to applicant. State, ex rel. Spillman vs. Elgin State Bank, receiver ordered to enter deed. Antelope State Bank vs. Schults, attachment dissolved; action dismissed. Farmers & Merchants Bank VS. Ritter, action dismissed. Mastalir VS. Denson, et al., decrees of foreclosure an petition and cross petition as prayed. Cranford vs. Cranford, decree of divorce as prayed. Oehring vs. Oehring, action dismissed at plaintiff's costs. Sibbernsen vs. Reefe. et al., deficiency judgment entered. Farmers & Merchants Bank V.S. Beer, stricken from docket. Cooley VS. Cooley, action dismissed at plaintiff's costs. Siems vs. Siems, decree of divorce as prayed. Konopasek vs. Konopasek, action dismissed at plaintiff's costs. Burn VS. Burn. action dismissed at plaintiff's costs. Gelsligle vs. Petersen, et al., sale confirmed: deed ordered. Hill VS. Short, defendant given 10 days in which to plead. Penn Mutual Life Insurance Co. vs. Themsen, et al., decree of fore. closure as prayed: receivership denied. Cones State Bank VS. Gross, find. Ing for plaintiff: judgment on finding. Penn Mutual Life Insurance Co. vs. Seymour, et receivership denied. al., action dismissed. at plaintiff's costs. Prudential Insurance Co. VS. Huffman and Seymour, action orMarion VS. Allbright et al., decree of partition as prayed. Antelope County Building & Loan Association VS. Seymour, et al., decree of foreclosure as prayed. Neiderheide VS. Jefferies, et al., decree of foreclosure as prayed. L & G Blanchard Co.vs. Clark, et alm decree of foreclosure as West va. West, hearing on application for temporary alimony; find. ing for plaintiff. Wairath & Sherwood Lumber Co. vs. Brunswick State Bank, defendant given 10 days in which to plead. State VS. Welch. defendant arraigned: entered plea of not guilty: Royal V. Sheets appointed counsel to defend. Sheets VR Green. et al., action dismissed at plaintiff's costs without prejudice. State VS. Montgomery. defendant arraigned in openecount and entered his plea of not guilty to the charges contained in information. Travelers Insurance Co. VS. Forrest, et al., decree of foreclosure on cross petition: deficiency judgment entered. Estate of R. Rasmussen. William Rasmussen. executor. required to file petition within six days. Hill, et al. VS. Henery, et al., final report of receiver-approved. Out of town attorneys in attendance at the session were Sidney W. Smith, Omaha: Douglas Cones and E. D Beech, Pierce: J. C. Alexander, Orchard: Chas. H. Kelsey and Jack Koenigstein, Norfolk; J. J. Harrington, O'Neill;, A. Meserve, Creighton: Geo. Clark and F. L. Putney, Tiken: Royal V. Sheets, Elgin.