Gross State Bank - Gross, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 5, 1926
Location: Gross, Nebraska (42.946, -98.572)

Metadata

Model: gpt-5-mini
Short Digest: cba47472

Response Measures

None

Description

Article (Sioux City Journal, 1926-10-26) identifies R. W. Ley as receiver of the Gross State Bank and discusses a court verdict involving the receiver. No explicit mention of a run or an earlier suspension in the excerpt, but the appointment of a receiver indicates the bank was closed and in receivership. Date for the court action is given as Oct. 5 (1926).

Events (1)

1. October 5, 1926 Receivership

Newspaper Excerpt: A trict court jury at Lincoln returned a verdict denying R. W. Ley, recelver of the Gross State bank, Gross, Neb., recovery and Interest on a note for $738 signed by D. E. Foley ... Foley claimed he signed the note as an accommodation to the bank and that he received no consideration in return.
Source: newspapers

Newspaper Articles (1)

1. October 26, 1926 The Sioux City Journal Sioux City, IA

Article from The Sioux City Journal, October 26, 1926

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Article Text

RURAL MAILMEN OF 4 COUNTIES HOLD MEETING Hartington, Neb., Oct. 25.-Special: The Northeast Nebraska Rural Letter Carriers association, comprising mailmen from the counties of Antelope, Cedar, Knox and Pierce, held their district meeting here. Secretary Francis gave an address on the serv. Ice of the rural carriers. William Foreman is president of the association. The women served a basket dinner. meeting of the will be held at Pierce next month when the state president of the Rural Car riers association will give an address. BANK RECEIVER DENIED RECOVERY ON $738 NOTE Lynch, Neb., Oct. 5.-Special: A trict court jury at Lincoln returned a verdict denying R. W. Ley, recelver of the Gross State bank, Gross, Neb., recovery and Interest on a note for $738 signed "by D. E. Foley, formerly of Spencer, Neb., now of LinFoley claimed he signed the note as an accommodation to the bank and that he received no consideration in return.