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State Takes Over Only Gretna Bank Closing of the Bank of Gretna. which place Friday afternoon by action of the board of directors, that town without any bank. The italized with book and its about Langdon was president and Hughes and The state commerce department has sent R. Downing take charge of the bank's assets, books, records. There probably be no attempt to reorganize reopen but new formed and chartered the state later on.
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failure of banks in the state caused the failure of the Bank of Gretna. There was no run on the bank, as such are known, but steady abnormal withdraw als extending over a period of time prevented officials from weathering the storm. It is hoped by the state department, now in charge of the bank, that orderly liquidation can be made. Mrs. Bert McDonald, wife of the resident telephone manager, left an Omaha hospital Tuesday, following an operation for appendicitis. Henry Mooding, prominent Chalco farmer, spent a few hours in Gretna Tuesday. Mr. and Mrs. C. A. Gift returned home Monday following a trip to western Nebraska and Colorado points. Mr. and Mrs. Charles Nefsky are planning a trip to be made soon to ther ranch in Wyoming. Mr. and Mrs. Henry Roll of Chalco are the proud parents of a fine baby boy, born a week ago Monday. Mrs. Ed Heffley, Mrs. A. E. Olderog and Betty and Billy were visitors this week at the George Heffley home. Henry McEvoy is reported to be on the sick list this week, although his condition is not considered serious. Mrs. B. F. Pendergast of Omaha, a former Gretna resident, visited friends here for a few days this week. Word was received in Gretna this week that Mr. and Mrs. Chris Cordes, sojourning in Europe, left Hamburg, Germany, Tuesday en route home. They will stop on the way home for a few days in New York. They left here in April. Mr. and Mrs. J. M. Fox of Scotia, Neb., Dr. and Mrs. Meyer Totman of Elmwood, Mr. and Mrs. P. H. Primley of Tulsa, Okla., were present at family reunion Sunday at the Fred Hartman home. Mrs. Joe Weaver is suffering from a broken arm received in an auto accident. Mr. and Mrs. Cort Tangeman returned from a pleasure and business trip in St. Louis and parts of Illinois. Thomas Addleman, Jr., received three broken ribs in a ball game Sunday. He is getting along nicely and his condition is not serious. Henry Fox, who is visiting at the home of Henry Biel, returned to home in Iowa. Mr. Glenn Deerson, better known as 'Skeet," is here from Ewing visiting his uncle, Ernest Kellet. He reports the crops good in that section. Mr. and Mrs. William Thomas and family were guests of Mrs. A. Bianchi over Sunday. Mr. and Mrs. Hans Stark and son, Donald, and Mr. and Mrs. J. M. Thompson are attending the state fair and visiting the Jacob Schram and Herman Denker families. Harold Heinen of Gretna left for a 10-day vacation from his duties with Gretna Transfer company. He has gone to South Dakota and the Black Hills. Harold has made 83 trips to Detroit in the past year, making a total For of 125,000 miles. due Henry Schumann had the misfortune this week to have his GASES wrist broken while cranking a tractor. Paul and Nick Peters left this Too Much week for a business and pleasure trip to Colome, S. D. They expect to call on friends and relaACID tives in that vicinity. people, two hours after Guy Abrel and Mr. and Mrs. eating, suffer indigestion as Melvin Addleman were visitors they call It is usually excess acid. in Omaha Tuesday. They visCorrect it with an alkali. The best ited the Grocy-Gas studio where way, the quicl harmless and efficient way, is Phillips ilk of Magnesia. they were. royally entertained It has remained for 50 years the by Uncle Ben. They also visited the home of Mr. and Mrs. Bergman where they were entertained by the daughter, Marion, who is a singer and dancer. Miss Bergman is one of the leading entertainers of Omaha The M. J. Trihy home was the scene of a family reunion on Labor day. The entire family was present as well as many friends and relatives. Harold Seamon, who was an employe of the E. J. Kiddle Implement company at Ashland, shot and killed himself in Lincoln Monday, Mike Watson and John Olsen of Wahoo, were visiting friends and relatives in Gretna Monday Mr. and Mrs. Harve Allington of Valentine, Neb., were visiting at the homes fo Jess Overton and George Meredith, Harve Meredith and other friends and relatives around Gretna. Mrs. Kate Long is enjoying a vacatoin at Nebraska City, Kansas City and St. Joseph, Mo. Miss Nolma Hansen of Omaha spent the week end in Gretna with the home folks. Mr. and Mrs. Fred Shipley paid a visit to the old Shipley home near Florence this week. This is their first visit back in 35 years. They were accompanied by Abe Cohen and son, James. Paul Lerew returned from Putnam, Okla., where he en joyed visti with his uncle and aunt, Mr. and Mrs. Frank Waddell. Banks Lerew spent abor day at Lyons, Neb., where he visited friends and relatives. C. H. Runnells and family of Sioux City, Ia., who has been visiting his brother and family for the past few days, have returned home. Glenn Schneider, who has been employed on a ranch near Casper, Wyo., has returned home. Emil Stark went to Grant, Neb. where he will visit his brother, Hans and family, who live in that vicinity. The following party attended the dance in Chalco Saturday evening Mr. and Mrs. Perry Williams and grandson, Harry Bryant of Wichita, Kan., Mr. and Mrs. Jack Nason of Wichita, Kan. Mrs. W. H. Fox of Gretna, Jake Ellenger, Guy Abrel, Mr. and Mrs. Ed Held and daughter, Margaret. Miss Virginia Fox, who has been spending the summer vacation for the past five weeks with her sister, Mrs. Richard Hamilton of Trenton, Mo., returned home Sunday to attend the Gretna public school. Mr. and Mrs. Charles Thacker and son, Robert were spending Sunday in Gretna visiting Mrs. Mary Fox and family and other relatives and friends in this vicinity. Mrs. Edward Zimmerly spent Sunday at the home :of Mrs. Mary Fox and other friends and relatives in the vicinity. Melvin Addleman was a caller at the Mrs. Mary Fox home here last Sunday. Mr. and Mrs. Perry Williams, Mr. and Mrs. Jack Nason and families are visiting relatives and friends. They live at Wichita, Kan. Mr. and Mrs. Fremont Clark were guests of the E. E. Ellinger family over Sunday. Mr. and Mrs. Charles Holecek left Friday for a two weeks' vacation to visit friends and relatives at Billings, Mont. Frances Olderog of Omaha, Mr. and Mrs. E. Ь. Chapman and son of Grand Island, spent Sunday at the William Snare home. Mr. and Mrs. Henry Fedde and family, who has been visiting with his mother, and his brother. Adolph Fedde, and family have moved from Venango to Râlston. He is a carpenter and expects to later join his brother, Adloph in the carpenter work and cement work here. Mr. Fedde was the first child born in Gretna. His folks were the first residents of Gretna and he was one of the first to enlist in the army during the World war. PAPILLION NEWS Tom Nicholson of Springfield was shaking hands with friends here Saturday afternoon. Tom is well known and has a host of friends in this vicinity. John Langdon and Lorenz Stahl of Gretna were business visitors here Saturday forenoon. A number of church leaders here, including Rev. John A. Hall, will attend the M. E church conference to be held in Omaha beginning Sep tember 15. Miss Juanita Bolen has accepted a position as stenographer in the office of County Attorney Ralph Nickerson. Miss Bolen is from Kearney, Neb., where she held a responsible position before coming here. Mr. and Mrs. Carl Stamm have as guests this week Mr. Stamm's cousins, Mr. and Mrs. Harry Bernecker and family of Kansas City, who arrived here Saturday. Miss Stella Fase, who has been visiting relatives and friends here, returned Saturday to her home in Missouri. Due to lack of timely rainfall, the peach crop in the vicinity of the George Cordes farm was a failure this year, while in other parts of the county, where rainfall was more plentiful, there was a good crop. The regular monthly meeting of the Auxiliary was postponed this week on account of the fact that so many of its members visited the state fair at Lincoln. At the next meeting the same project will be worked on, to-wit, Home Beautifica Scott Beadle returned this week to take up second year work at the Nebraska College of Agriculture. Mrs. Cy Lang of Alliance, Neb., Mr. Ed Schneider of Gretna and Stanley Beerline of Papillion were Sunday visitors at the Ad Graham'farn home in Richfield precinct, Dave Bell, brought an immedi ate response from a former patient whom he had not seen in eleven years. The patient was James Riha of South Omaha. Mrs. E. S. Nickerson, accompanied by Mrs. Anna Fase and Mr. and Mrs. Ruben Sprague, visited friends in Fremont Tuesday. Mrs. Fase left for Arizona Wednesday. The. G. G. Robinson family of Lincoln were Sunday visitors at the Alva Horn home here. Mr. and Mrs. Clarence L. Horn, who have been visiting here for some time, returned to their New York home SunContinued on Page 3, Col. 3) Mrs. Ida Adair of Omaha visited at the Lew Kestler and Frank Adair homes Friday A little squib in The Agriculturalist announcing the opening of an office in Papillion by Dr.
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Bank of Gretna Pays 20 Per Cent Dividend The state department of bankthat dividend of cent will be paid immediate per all claims against the failed Bank of Gretna, and checks be looked for almost may any time now. total of has been collected by Assistant Receiver Schroeder in charge of the dation of the bank, which represents approxemately 20 per cent total of allowed This the first dividend declared in liquidating the affairs of this bank and just what the total will hinted will take collect of the assets time of the bank and until this done there no accurate finally estimate possible. first payment will loosen The little of the in the vicinmoney Gretna now frozen, and fuity dividends will be eagerly look ture
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Bank Receiver Sues On Double Liability E. H. Luikart, receiver for failed state banks, has commenced suit district court against the stock holders of the Bank of Gretna enforce payment of their double liability, as provided for in the banking laws. The bank was capitalized at divided into 300 shares of par value of $100.00 each Under the law the stock holders not only lose the value of their stock but are also liable for an equal amount to be used in paying depositors. The stockholders are E. Hughes, Paul Langdon, Paul Lang don, administrator of the estate Mrs. Langdon, deceased; Lorenz, Stahl, Nellie Stowe and Wallace Langdon.
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Monday Judgment Day In District Court Monday was judgment day district court when District Judge Begley entered decrees three cases involving rather large sums money. James Calvert, trustee for the stock holders of the Richfield state bank, was awarded judg ment for and costs against John on note owed the bank. The receiver of the Bank of Gretna was awarded judgment of against the Gretna Elevator company, and secured default judgcompany ment against Henry Clarke for and the United States National of Omaha was given judgment the same defendants for against the sum of $5,318.91 The Clarke judgments carry foreclosure of mortgage on large tract of farm lands located South of Bellevue. William Dineen and Harry Stevens, arrested September 23 for chicken stealing were arraigned and pleaded guilty and were sentenced serve three months the county jail, said sentences to date from the time of their arrest, which leaves them with few more to serve. They did not furnish bond and have been county boarders since their arrest The regular term of district court convene October 17 when the new reports jury duty
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District Court. (Papillion Times.) Monday was judgment day in district court when District Judge Begley entered decrees. in three foreclosure cases involving rather large sums of money. James A. Calvert, Grustee for the stock bolders of the Richfield state bank, was awarded a judg. ment for $1,462.32 and costs against John L. Miller, on a note owed the bank. The receiver of the Bank of Gretna was awarded a judgment of $8,170. 01 against the Gretna Elevator company. The New York Life Insurance company secured a default judg ment against Henry T. Clarke jr. et al, for $ 8,621 28, and likewise the United States National Bank of Omaha was given a judgment against the same defendants for the sum of $5,318 9 The Clarke judgments carry a foreclosure of a mortgage on a large tract of farm lands located south'of Bellevue. William Dineen and Harry Stevens, arrested September 23 for chicken stealing, were arraigned and pleaded guilty and were sentenced to three months in jail. said sentences to date from the time of their arrest, which leaves them with a few more weeks to serve, they did) not furnish bond and have been county boarders since their arrest. The regular term of district court will convene October 17 when the new jury reports for duty. When farmers, business and professional men cannot secure from the results of their 'abor enough money to pay taxes it is time for a change Hoover policies have resul ted in reducing prices of farm products about 75 er cent, and until there is a restoration of farm prices there can be no prosperity.