13083. Gretna State Bank (Gretna, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 11, 1932
Location
Gretna, Nebraska (41.141, -96.240)

Metadata

Model
gpt-5-mini
Short Digest
3027d408

Response Measures

None

Description

Articles (Nov 11, 1932) report depositors at Gretna receiving dividends paid by the state bank receivership division. This indicates the bank was in receivership (closed) and distributing dividends — no run is described.

Events (1)

1. November 11, 1932 Suspension
Cause
Government Action
Cause Details
Placed in receivership by the state bank receivership division; paying dividends to depositors from receivership estate.
Newspaper Excerpt
Depositors in state banks at Elm Creek, Gretna and Dwight have received dividend payments recently, according to the state bank receivership division. ... payments on the Gretna bank were brought up to a total of twenty-eight percent.
Source
newspapers

Newspaper Articles (2)

Article from The Elgin Review, November 11, 1932

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Article Text

moved in order that repairs may be made on the roof of that structure. What will be done with this type of inmate finally has not been decided according to Warden Fenton. Nebraska has been permanently enjoined by the supreme court from taxing the Waubonsie bridge, upholding the decision of the district court. The municipality's claim was based on the contention that a part of the bridge was located within the city's boundaries. The court held that unless the property was specifically inchaded within the municipality by ordinance, such a levy could not be made. The ruling is in accordance with a previous decision affecting the Burlington bridge which adjoins the Waubonsie bridge. State Treasurer Bass wants an appropriation of $100,000 for the administration of the gas tax levy. The last legislature made an appropriation of $30,000 for that purpose. His department has two auditors now working on the accounts of oil companies and dealers, who, he says, have been responsible for the collection of $150,000 which might not have otherwise reached the state treasury. He wishes to continue employment of these men and also to establish a staff of field men to enforce the statute. The rest of his budget request is in line with the appropriation of 1931. before May 1, 1933, according to Deputy Auditor Harley O. Parsons In suport of his prediction, Parsons pointed out the fact that expenditures from July 1, 1931, to November 1932, have been $1,610,077.17 more 1, iod. Because of this running behind the general fund has been reduced to $493,589 but an unexpected transfer of cash from the department of trade and commerce has bolstered the balance to $634,537.06 at the up present date. With monthly expenditures running about $550,000 from the general fund and receipts about $300,000. it is almost inevitable that the state will have to register its warrants, according to Parsons' theory. He also points out the fact that the legislature will have to make appropriations for its own operation and a few other emergency matters, which will total about $300,000 and which will have to be expended before May 1, 1932. Henry Sorensen of Washington county is the new corn husking champion of Nebraska, replacing George Noe of Fullerton who gained the title in 1931. The annual contest was staged in a cornfield two miles south of York, and Sorensen was crowded to a new record of 30.96 bushels for the eighty minute period to best his thirty-nine competitors, all of them county champions, with the exception of Noe who was eligible for the state contest on the strength of his 1931 record. About 25,000 persons viewed the contest, according to George Wallander." secretary of the York commercial club. A variety of stunts and a football game were furnished as entertainment for the crowd between the finish of the contest and the announcement of the winners. Depositors in state banks at Elm Creek, Gretna and Dwight have re- ship division. A first payment of ten per cent was made at Elm Creek, payments on the Gretna bank were brought up to a total of 28 per cent, and Dwight depositors received a dividend of seven cent. They had per than the receipts for the same per- previously received 45 per cent of their deposits. Cost of operating the state government jumped from the August figure $1,448,819.05 for September, according to the balance sheet of Tax Commissioner W. The state's postage bill grew over $1,000 and the telephone bill increased about $800. Salaries for September totaled $437,049.39 and highway construction and maintenance cost $687,063.62. From July 1931, to October 1, 1932, the cost of state government in Nebraska totaled $28,334,954.72 State officers declare that final tabulations for October will show that expenditures exceed income by about a quarter of a million dollars. Bids have been taken by the state board of control for the delivery of 443,000 pounds of 1933 automobile license plates to 93 county treasurers. A dozen bids for the job ranged from $1,371 to $3,675. Chairman Thorpe says that the board will satisfy itself that the bidders can fulfill the contract should it be awarded before anyone is given the task. Delivery is to be made before January 1, or as soon as the plates have been finished. That the "surface of newspaper advertising has only been scratched," is the belief of George C. Hubbs, sales and merchandise counsel, who recently addressed an Omaha dinner club. He also stated that no other medium gets results as rapidly nor proves its worth more consistently than the newspaper. Hubbs warned against haphazard advertising in ef- to put on successful advertising campaigns and stated that until more science was put into advertising the results to be obtained will be more or less speculative. Violation of the hunting laws have been fewer during the current season than usual according to Frank B. O'Connell, state game warden. He recently released a list of twentythree violators of the laws. Offenses included hunting with a residence license, shooting pheasants in a county where no open season was declared, shooting ducks with a rifle, shooting ducks after sunset and hunting without @ permit. That there was to be an election on November 8 and that Hoover was a candidate for re-election and that Roosevelt sought to replace him seemed the extent of voter information just a few days prior to election day, according to a survey made by a Lincoln newspaper less than a week before the big event. Nearly everyone was sure that Bryan was a democratic nominee, but Griswold, Wherry and Weaver were all named as the republican nominee for governor. The majority of these interviewed indicated that the initiative had something to do with a highway patrol, but just what the nature of a initiative was remained a large dark cret. When questioned as to the other candidates for state office, a large number flunked the test almost completely. Many of them had the two Marshes mixed up, and were equally confused as to the two Swansons. Those interviewed who could name the two candidates for chief justice of Nebraska supreme court placed themselves in a preferred class as amateur political scientists. When the investigation narrowed itself to examination of knowledge of candidates for county office, the lack of information became wholesale.


Article from The Farnam Echo, November 11, 1932

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Article Text

Nebraska Political Sower Failure of Ivan W. Hedge, chief auditor of the state banking department, to appear for a depostion in state banks had been materially retared within the past year. Nebraska's best "young citizens" that of any previous class in the history of the competition. Depositors in state banks at Elm Creek, Gretna and Dwight have received dividend payments recently, according to the state bank receivership division. A first payment of ten percent at Elm Creek, payments on the Gretna bank were brought up to a total of twenty-eight percent, and Dwight depositors received a dividend of seven percent. They had previously received forty-five percent of their deposits. The contract for Omaha's new federal building has been let by the treasury department to J. P. Cullen and Sons, Inc. on a bid of $484,984. Work on the project is expected to be commenced in the very near future. The site of the new building is at Fifteenth and Dodge streets. Dolomite, which was the successful bidder has agreed to have fabricated in Omaha by local dealer, is to be used in the building. The company IS given 480 days to complete its contract. The entire biulding will be occupied by federal agencies including the army, weather bureau, internal revenue department, agricultural economics bureau, inland waterways corporation, intelligence unit, imgration and labor employment bureau and other miscellaneous departments. Unemployment was the subject of a detailed survey made by the University of Nebraska students last week. Twenty students, under the direction of Prof. Cleon Swayzee made a study of employment conditions in 3,000 Lincoln homes, determining how widespread unemployment was and how it was- affecting typical groups of population. Preliminary reports on the investigation This is the first of such work done in this section of the country, although similar surveys have been made at Buffalo and Syracuse, N. Y. All persons over 18 years of age residing in the assigned territory are to be made a party of the survey. Trev Gillaspie, Lincoln postmaster has received notice from the postoffice department in Washington to withhold reports of postal receipts until further instructions are given. This the first time in that a many years has not been made public. Reason for the order is not known. Cost of operating the state government jumped from the August figure of $1,392,204.48 to $1,448,819.05 for September, according to the balance sheet of Tax Commissioner W. H. Smith. The state's postage bill grew over $1,000 and the telephone bill increased about $800. Salaries for September totaled $437,049.39 and highway construction and maintenance cost $687,063.62. From July 1, to October 1, 1932, the cost of state government in Nebraska has totaled $28,334,954.72. State officers declare that final tabulations for October will show that expenditures will exceed income by about a quarter million dollars. Bids have been taken by the state board of control for the delivery of worth more consistently than the newspaper. Hubbs warned against haphazard advertising in efforts to changes in statutes concerned with certain professional societies.