1.
October 5, 1931
Beatrice Daily Sun
Beatrice, NE
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SUSPENSIONS ARE ANNOUNCED
Neb., Oct. The First National Bank of Hastings today failed to open its doors for business. and federal authorities took charge. At the time its last statement carried posits totaling about Jones presdent and Vern Manahan, cashier. Attempts recently had been made to reorganize bank. The bank's capital was plus $100,000 and undivided profits $45,000.
Advices received here today were to the effect that the deposits totaled about $1,500,000 the basis figures obtained since the last statement.
May Reopen AUBURN, Neb., Oct. The First National bank here closed voluntarily this morning and officials they expected of Lincoln is president the bank and H. Bousfield cashier. Its capital stock $50,000 surplus $25,000 at the time of the last statement. notice the door of the bank it closed by order of its board of directors. Nelson. national bank examiner, is charge.
2.
October 8, 1931
The Clay County Sun
Clay Center, NE
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HASTINGS BANK IN RECEIVER'S
The First National Bank of Hast ings failed to open its doors last Saturday morning, following ten day period of strenuous effort carry one of the oldest and most highly teemed financial institutions of the South Platte through adFollowing ization effort of about week ago thought that the storm might be weathered, but disturbing rumors, heavy first of the month and other conspired to defeat the plans for continuing the Report that little any actual loss, but serious will be caused many enterprizes Hastings which carried all of their funds in the closed institution.
3.
October 8, 1931
The Hastings Democrat
Hastings, NE
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KEEP COOL AND FULL OF COURAGE Front the failure of the First National Bank of Hastings was hard blow. All the harder because carried down with eral other banks in this vicinity. Hastings will live through and come out better. The things needed confidence and in the future, and courto set to work problems facing No thoughtful citizen will personally blame any official of the First National. They, many of the rest of us, were the víctims of condition over which they had no control. Their personal integrity is not to be questioned, and in the final analytheirs is the loss of all. greatest Every financial crisis that comes to any country is the crisis of But when did the United States of America ever fail to emerge from crisis stronger and better than ever before? When did Nebraska ever fail to from depression emerge stronger and better? Hastings was not builded on succession of but determination that to the ressuccesses, upon grim came cue in every time of trouble. Remember that it the size of the fighting dog, but the amount of fight in the dog. Hastings and surrounding territory not going to lie down and er. If they do they will be untrue to the glorious traditions of those whose sacrifices and made for them possible. Of course hurts, but what good will do to sit supine the roadside and wail while the procession marching Peace affords just as many opportunities for heroic action as war ever does. Now the time for courage, not for tears; the time for sympathetic co-operation, not hysterical condemnation. No amount of bank failures can decrease the fertility of our soil, our wonderful climate or lesson our opportunities. stroy Keep cool, and screw your courage to the sticking point. Remember the fight in the dog, not the dog in the fight.
4.
October 8, 1931
The Hastings Democrat
Hastings, NE
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Hastings Banks Make Splendid Showing
Both the Hastings National the Nebraska National banks are publishing statements in this issue The Democrat that reflect uncertain terms the financial stability of the Despite the failure of the First National these remaining banks have no wise suffered from the strain the community. They entitle to the complete dence of this munity and that they enjoy confidence evidenced the splendid showing made the statements published today.
Furnished apartments for rent $20 up. House $25 and $30. Lawsons.
Reasonable prices, and ond-hand furniture. Van Gilders (18-tf).
5.
October 8, 1931
The Hastings Democrat
Hastings, NE
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ON MONDAY
Reorganization Started Last Week Fails of
HOPE FOR CONSOLIDATION
Resources Institution Ample for Protection of Deposits But Full Payment Will Require Some Time Receiver Needed.
Hastings oldest bank, the First National, failed to open for busiMonday morning and result Hastings people are laborunder of financial handicap for the time being. The closing of the bank came following some two weeks of difficulty the bank. The falling bond market placed the bank embarassing situation and September 25th the offiand directors of the institution realized that more capital entire new organization necessary keep bank Steps toward reorganizaonce taken with the approval the National banking authorities and week ago it seemed that the reorganization would be effected, but metropolibanks which were backing the move changed their minds the last moment. This decision on the part of metropolitan bankers coupled with heavy withdrawals Friday and Saturday of last week made the closing The banks affairs are not means hopelessly believed by most folks that the remaining assets of the institution ample protect the deposits. Stockholders in the institution likely to heavily assessed before the affairs of the institution closed but unlikely that depositor will lose. Depositors the bank who owed the institution will be given credit for the entire amount of their deposit. This will along go toward cleaning up many the small notes held by the bank. The bank present charge Frank Nelson Grand Island, national bank examiner, who with several invoicing the assets and liabilities the concern. Efforts reorganize and solidate the bank with one of the two remaining banks in Hastings being made by number progressive business men of the city and there good reason that such move may brought about before receiver for bank appointed. Settling the affairs of bank through receiver always long drawn out and expensive and this can avoided consolidation with another bank and the addition of sufficient capital will save depositors of the First National thousands dollars. This reorganization plan in which every resident of the community should take keen interest in because the beneficial effect would have general business conditions and those are meeting with pretty general The First Trust company which housed the same building the First National bank not weakened the closing of the bank. The Trust company entirely separate corporation and its affairs are in first class condition. Its funds are invested only in Nebraska farm mortgages and are tected.
Grant Hobson Dead Mrs. Hobson, wife of Grant Hobson, Burlington yardmaster here, died the family west Fifth street early Tuesday morning following an of four Funeral services were held on Thursday alternoon Lincoln, where the Hobsons resided before coming to Hastings some ten years since. Mrs. Hobson is survived by her husband two daughters, Mrs. and Miss Sara Hobson, both residing in San Francis-
6.
October 8, 1931
The Nelson Gazette
Nelson, NE
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First National at Hastings Is Closed
By order of its board of directors the First National bank, established in 1881, at Hastings, closed Monday. United States Bank Examiner Frank S. Nelson of Grand Island was put in charge. "Depleted reserves, resulting from heavy withdrawals," was assigned by Examiner Nelson as the motivating cause of the closure. At the closing hour Saturday, the bank had deposits of $1,500,000 and capital stock of $200,000. The large business building in which the banking house was located is owned by the bank itself. With closing of the bank, A. H. Jones, president, announced that the plan for reorganization September 25, at which $200,000 in fresh capital was subscribed, to re-charter and continue operation of the bank, had failed to materialize. This, Jones said, was in part due due to representatives of metropolitan banks, who atthe time of the meeting at which the new subscribers were obtained had promised adequate backing, and later altered plans adn offered this support in a lesser degree. Jones issued a statement expressing confidence that the bank assets are in such a condition that if liquidated efficienty, depositors will suffer no loss. Efforts are being made, however, to reorganize the bank. Until 1917, the First National bank was under the direction of A. L. Clark, one of the best known bankers of the state. -Lincoln Evening Journal.
7.
October 8, 1931
Norfolk Daily News
Norfolk, NE
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folks glad! The jeweler said conference to examine the claims $3,000 diamond pin. of the committees which constitute India's population. Depositors To Get Paid
Finds $3,000 Buffalo, N. Hewitt's uncle found shiny pin and gave to Bernice to wear to school. It looked like one of those ten cent kind. The teacher had aren't Bernice's
Hastings, Neb., Oct. ficials of the First National bank which closed Monday, of the opinion that have expressed depositors will receive most their money. An inventory is being to transfer made, preparatory affairs to receiver.
8.
October 14, 1931
The Hastings Daily Tribune
Hastings, NE
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Thursday; To Payment
Oct. George B.Cronkleton receiver First National Bank Hast. Ings, Neb., Comptroller Currency Cronkleton has handled sevreceiverships NebrasHe in the state now and report immediately Hastings.
Immediately after receipt here news comptroller's lection, the Tribune obtained long distance Interview with Cronkleton after locating him Coleridge, learned that the receiver, who expects arrive here Thursday evening and assume active charge First National Bank Friday morning, has had long experience liquidation. Served 20 Posts. He assigned receivfor total banks Nebraska during the past ten and present time direct ing the liquidation nine Nebrasbanks addition to his new charge here. The banks which he Hquidating include First tional Bank Coleridge, the Hartington National Bank HartingWalthill National Bank National Bank Plainview, the Laurel National Bank Laurel, the Farmers National Bank Wakefield, First National Bank of Humphrey, Saunders County Bank Wahoo, First NationBank Elgin. Mr. Cronkleton declared that, though continue the direction the liquidation of the nine other banks, move headquarters Hastings, the First National here being the largest the group. He declared that he now has several assistants working with intimated that more may be secured. how rapidly the Hastings may progress, Mr. Cronkleton course, unmake statement, being necessary he first quaint himself with the conditions the To Work Rapidly. may, however,' assert"assure the people Hastings an earnest effort proceed with work there rapidly efficiently complished, and dividend be forthcoming depositors' there will warrant," he told the Tribune. Prior his first appointment bank years ago, Mr. Cronkleton resided Bayard, Neb., where cashier present First National Bank of that city.
9.
October 15, 1931
The Hastings Democrat
Hastings, NE
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TIME FOR ACTION, NOT SENSELESS RUMORS
That the business in this community is critical to be disputed. But cannot be bettered by senseless rumby sitting around in the ashes of disappointed hopes, or by bitter criticisms of others. It be bettered by united action, personal sacrifices and the exercise of faith in the boundless resources of our soil. The situation far from hopeless. No calamity has ever happened to this country, or to any section of that made impossible to eventually recover. The history of Chicago, St. Louis Francisco may be cited examples. What seemed for time to irretrievable ruin turned out to be their real making.
Hastings will borrow from the of these three history cities this present setback can be made to prove the beginnings of new and better
The reorganization of the First National Bank and its amalgamation with one of the two remaining banks not impossible. On the other hand easily possible, and the one thing to do to restore confidence, stimulate business and rebuild wavering faith. Less than of new capital and the co-operation of the depositors in the First National will suffice. Let all positors having more than in the First National agree to the reorganization, and further agree to accept 50 per cent of their deposits after reorganization, awaiting the liquidation of the First National's assets for whatever dividends remaining there may be. Let all depositors of less than be paid at once, thus releasing huge sum of money into the channels of business.
This plan will insure every depositor least 50 per cent of his deposits immediately. Better that right now than to keep this tied retarding business, bankrupting than money up, more one business institution and spreading disaster all about. A receivership is to be avoided if humanly possible. Receiverships are always and the of expensive, appointment one now means delay in releasing any of the money now locked up in the First National's vaults.
If there was time in which to show faith in the future of Hastings, that time is now. Right now! Not next month, next week. NOW!
Let there be an immediate meeting of those interested untangling immediately the problem. Let there be present willingness to sacrifice bit for the common good. Shove the croakers, the knockers and the whiners to the rear, and let men of faith and courage take the lead. Certainly there are enough men with money in this community who are willing step to the front and put into effect reorganization and amalgamation plan that will immediately relieve the situation, and again set the business wheels in the forward moren.
10.
October 16, 1931
The Hastings Daily Tribune
Hastings, NE
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WORK
First National Bank Receiver to Perfect Organization-Urges Patience of Depositors.
George B. Cronkleton, receiver for the failed First National Bank of Hastings, today had begun his work here incident to the liquida tion of that institution. Mr. Cronkleton, with an assistant, arrived In Hastings Thursday afternoon, coming here from Colevidge, Neb. The First National Bank of the latter city is one of nine banks in Nebraska, in addition to the one here, for which he now serving as receiver. First of the problems confronting the receiver in Hastings is the per fecting of an organization to assist him in the conduct of the liquidation.
Favor Local Applicants Scores of applications have been received from persons seeking a place on the staff. Mr. Cronkleton Indicated that, in 80 far as is consistent with efficiency, he will attempt to make up his staff from the Fanks of local applicants. As regards the payment of a depositors' dividend- the first dividend will be paid, and how much It will amount Cronkleton could but urge depositors to be patient. "The liquidation of a bank," he pointed out," is an important undertaking which, like most undertakings of import, requires both time and patience. Time Uncertain "It is impossible at this time." he said. "to make any announcement with regard to dividends oth er than to say that we are here to release what is in this bank as soon as it can be efficiently re leased. And everything that is here will be released. but It will take some time to do ft. How much time cannot say number of inquiries were re eelved at the bank today from holders of deposit boxes who desired to know when they may gain access to them. In reply to such inquiries patience was again requested. Mr. Cronkleton explained that for while those working In the bank will be 80 busily engaged in preHminary details that will be impossible to accommodate all of the holders of
Urges Patience "It is my intention." Mr. Cronkleton explained. "to be fair and reasonable with every box holder. If it Is of paramount importance to any individual that he be permitted to open his box, in that a business transaction is dependent upon it. he should tal to me about
"In general however, boxholders will greatly facilitate work in the early stages of the liquidation If they will be patient and await the time when the boxes can be made available to them without Interruption of our routine. That will be done as soon as possible "If we get too many individual recu this regard It will simply become necessary for us to allow one to gain access to his box for while.' Experienced as Receiver. Mr. Cronkleton. one of the best known national bank receivers in this section of the country, has had wide experience in his field over period of 10 years, during which time he has been appointed to 20 receiverships. In addition to having formerly served as a bank official he is also an attorney The manner in which he entered upon hs duties today served as an apparent demonstratic of his thoroughness and of his knowledge of the proper handling of the at fairs of failed Institution. He Im pressed those who were associated with him today with his ability. Under Comptroller. It was again pointed out today that the fact that Mr. Cronkleton, as receiver, has taken active charge of the First National Bank, does not preclude continued et forts upon the part of persons in terested in the bank and in the community to effect reorganza tion- and efforts in that direction were still being talked of. The First National Bank receiver maintains direct relationship with the office of the comptroller of currency in Washington. He is not under the immediate direction of court, as is the case in some other than those having to do with a national bank.
O'CONNELL WINS PRIZE
Frank B. Connell, secretary of the game, forestation and parks commission and former state adjutant of the American Legion, today was awarded certificate of second award in the national American Legion department history contest. O'Connell's history of the Nebraska department was written during 1922. It was rated second among the twelve histories receiv-
11.
October 18, 1931
The Daily Sentinel
Grand Junction, CO
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BANK RECEIVER NAMED
Washington Oct. 17.-Appointment of George B Cronkleton as receiver of the First National bank of Hastings, Neb., was announced by Comptroller of Currency Pole. Cronkleton, who has handled sev. eral receiverships in Nebraska. is in the state now and will report immediately at Hastings
12.
October 22, 1931
The Hastings Democrat
Hastings, NE
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NEW PAVEMENT
Governor State Engeneer Participates in Formal Ceremonies
RENUMBERED
Governor Bryan Principal Dinner, Closing Day's His Economize. roads and the free milling of wheat will need no aid from the The Governor firmly, but gently, rapped the plan for the issuance bonds nature. Inasmuch the Good Roads Associahad, their meeting in Hast. ings the previous passed advocating the issuance of bonds expedite road tion, be presumed that the Governor any such movement. Mr. Bryan remained overnight Hastings, visiting until late with friends admirers in this tion.
Monday saw the formal and ficial opening of the mile Mr. Staley superintendent strip paving the school in Hastings, and acting paving the south edge of Hast- chairman of the ings. While this has known charge of the Nebraska State Highway No. will, the Teachers convention session future known highway here week. bearing that number from the Atlantic coast to Denver. caravan of rying Governor Bryan, the Hastings College Band, officials of the Chamber Commerce and Hastbusiness men, drove the end the new paving where the opening was pulled difficulty encountered in getting the official the fact that the heavy and the tourists did not care hesitate while the block christened. Harry Russell, the Chamber of Commerce, called assembly to order and troduced the Governor, who, with words of praise the Friendly Circle Club did road construction, formally, ficially and ceremoniously dedito Complete Quilt cated the new paving the good people the State of NeMrs. Morris Asmus is entertainbraska and elsewhere. The multiing the Friendly Circle tude then returned Hastings home north-east the city to-day await the coming of the banquet covered dish dinner to Clarke in evening. served at noon. There are near about hundred fifty members this Circle many Hastings citizens, including gratwhom have begun friendship ifying number women, quilts. Mrs. Asmus has the honor sembled the banquet table. being first one have her's Hardly the been hitched close the table before ready for quilting and today the frames and hopes are high the State Engineer, Mr. Roy Cochfor by night. The appeared at door of the banquet hall demanding admission lesson will be given Miss Olga the Halstead on "Need for, and pracseveral tice first aid the home and the highway department. The the farm". Members are takmeeting called order ing with them today donation Toastmaster Harry Russell. clothing or food for the introducing members of vation Army. Mrs. Asmus has staff of the highway department invited guests, Mrs. Lawritsen Mr. Cochran made brief but Lincoln of her who guest teresting He told of the daughter, Mrs. Davis, Mrs. struction during the past year Preston daughter Hazel and 1200 Oscar Asmus. gravel roads and the gradother roads that Bank Receiver Will given surface of gravel. He the details the Several Weeks oil roads built state during the past For Complete Check not without trace of pride that Cochran the George Cronkleton, that additional appointed for the defunct age the maintenance expense First National Bank of Hastings, count of the past season took over the management of than for the institution Friday of last week year. and present bending every Governor the fort toward preparing complete of evening, then transcript the bank's duced and he spoke for about which constitute his first hour. business agent the comptroller of the curport the that Washington. rency right that should discuss Mr Cronkleton estimates that this some weeks before he will Governor told of his fight able open the doors of the the recent legislature begin actual liquidation budget, how had submitted the The to the legislature budget that the central one largest would make drastic reduction braska, and naturally and how the legislature before set of refused co-operate with him. ords can prepared that settlethe banks affairs can home and heeded the counsel forward. their constituents and returned Meanwhile people who have lock the capitol special boxes in the bank will be asked the legislature and passed the of dire appropriation bills to conform Mr. he budget recommendations. inconvenience anyone, but the ernor severely attacked the fewer interruptions that existing tariff claiming the of work the present process the chief cause the present the bank will opened sooner pression claiming this tariff the general settlement of its caused other countries to retaliate fairs. higher tariffs thus eign markets against the products The West Side Birthday Club this hold their annual counties along the Charles party at Mrs. the border of the Rants next Thursday night, October Rants will ing said the Governor, assisted by Mrs. Powers Nebraska will her hostess. enlisted the American Legion to canvass the Reasonable prices, new and secsituation those counties. Cham- furniture. Van Gilders Commerce over state before you aid in raising relief for and the buy. Exchange. (18-tf) free transportation
13.
January 28, 1932
York News-Times
York, NE
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Bank Reorganization Prospect at Hastings
Re-organization of the failed First National bank here is in prospect. Mayor William Madgett states that a committee of chamber of commeree members, and bankers from Lincoln, Omaha and Kansas City, have been considering plans for reorganization. Details of the plan have yet to be worked out before it can be:submitted to a depositors' committee, he said.
14.
February 3, 1932
Kearney Hub
Kearney, NE
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NEBRASKA NEWS NOTES.
Tecumseh, Neb., Feb. 3.-Alvin Gustafson, Cook farmer, drove his cars onto the creek ice aid cutting ice for his house. Both cars broke through. He pulled them with tractor.
Fremont, Neb., Feb. Frank Martin, renter the Albert Campbell farm, pleaded not guilty making liquor and bound over district court for trial. 250gallon still was found operating on the farm.
Auburn, Neb., Feb. Paul, Stella, claims he was hit falling telephone pole he driving along highway. He filed action against the LinTelephone Telegraph Co., of Auburn, seeking damages.
Hastings, Neb., Feb. 3.-Office headquarters for of persons seeking to bring: about ganization re-opening of the First National bank, of Hastings, have been here. The plan approved group of positors. Cooper, charge of the work of reorganization. said letter soon to be mailed to depositors, outlining plan for organization with $100,000 capital and $50,000 surplus. The capital surplus will derived from bank stock, for which the offices have been opened.
Lincoln, Neb. Feb. Senators Andy Welch, democrat, Milford, and Hugo Srb, democrat, of Dodge, have filed for re-election. Welch has served two terms in senate representative the eighteenth senatorial district. Srb represents the eighth district.
15.
February 4, 1932
The Custer County Chief
Broken Bow, NE
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State Capitol News By Parke Keays
The attorney general has asked the affirm the ac tion district court in ruling gasoline imported into the state by tank is subject to state gasoline Experts from college will frequent bulletins during the spring months the advice county agricultural agents and farmers 80 that intelligent steps may be taken control the grasshopper situation 1932 Officials of the board control went to Canon City, cently inspect cell block the Colorado state prison. similar Nebraska penitentiary planned. Sportsmen Falls City and Verdon will present formal offer the state game grade island in the middle of thirty acre under struction. The of the grading, would for by citizens but the work be done under state supDepositors of the failed State Gilead and Nebraska State Bank of Long Pine have received payments recently. Condit, former state sheriff, peace officer the Nebraska Sheriff Peace Officers' association Grand Island recently. About 150 were in attendance. The state sheriff's report shows that 488 arrests made for session stills liquor 1931; 1,882 persons prosecuted by county during for 181 for 165 for for thousand jail days given sentences men sent prison; 802 cases are pending Fines the amount of against violators not all was collected. There 112 confiscated shows lower figures instance than 1930. Dan Stephens Fremont been suggested director Governor Bryan has recommended President Hoover The commissirecently an order the permission to increase their rates 10 per cent various including live stock, are subject to The west corridor of the capitol on the second which has to permit tion the new hall, opened for few hours last week to made. are busy now stalling flat ceiling the legislative When this completed work will proceed with the construction floor main chamber the lounge room. The room will be completed for the next regular session of the delegation of eitizens from northwest Nebraska was in Lincoln last week urge the and highway department make highway 20 an hardPresent indications are that the be called to take the matrelief and loans for drouth Mark Lukens of Bloomfield sent to members the legislature and out reported in favor mentioned relief but did mention the proposal loan. Governor has had phone letters from some those the Lukens list state that they would not now favor special session. Voluntary relief shipments are increasing believed that the present take care the need. Secretary State Marsh visited several recently attendance during taking depositions the recent meeting of the game, and parks of elected as The ernor member the and future the the com mission serving his last year will during that time The term of member expires each year. Arrangements were made purchase several thoustrout eggs. Congressman Moorehead has filfor re-election from the first district. Moorehead has served terms as congressman. Plans are for construction 120 feet wide running from the capitol building to the new veterans' hospital Lincoln The improvement not be started for from one to two years. relief which met at Norfolk, recently. plans ask the governor to declare oneday state holiday the $500,000 for the relief the counties. been that each person in would give fifcents could easily raised for livestock feed in the drouth area of northern Nebraska. Omaha business men have agreed $5,000 which to used for purchasing livestock shipped the Nebraska drouth is planned that much larger amount will be raised within the next two weeks for this purpose. The state game commission has spent purchasing feed for game birds the northern the snow deep. Sportstributed nearly $100 for this pur- pose. In many places in the northern part the state whole quail and other birds have been found dead from The total national wealth of the United States in 1930 was 229 lions to the national dustrial conference. The national income for that year 71 billithese sums could have been distributed among the families the nation each family would have capital come. Nebraska rated high capita wealth for 1930, estimated $3,927.
The board of control recently let $23,000 for terials for the new cell state penitentiary. menhanical potato peeler and washer were also purchased the board. State gasoline receipts for January total $546,000 compared with $668,000 in December. The January 1932 receipts over $100,000 less than year ago, compiled by the state treasshow have been received the state gasoline fund since the into effect in April 1925 The tax was cents gallon until 1929 and was increased to four gallon. this than $6,000,000 has been counties their share for county road work. county commissioners petitioned the governor to use his that county placed on the list for federal used for the purchase feed and tractor fuel Some question has existed whether democratic delegates the convention should elected the five new districts from the former six districts. Democratic leaders now agreement that delegates shall elected from the five new districts When the question arose Secretary State Marsh called on the attorney general for opinion. general that election be made from the five new districts. The elect each district cans will elect from each disand seven at large. The chamber has applied to the postfor the special stamp on April Arbor the birth Sterling Morton served secretary agriculture under the founder Arbor Day pioneer Nebraskan and former home and grounds Nebraska are now known Lodge state Nebraska's total of federal taxes for amounted cording statements recently sued the international revenue The December report of budget shows that amounting to as compared the Fourdollars has sued since the beginning of the ennium July. received date total the something over $12,000 The amount spent during the month for highway maintenance. The item on the list salaries and wages, for supplies. Bloomington State Bank, which suspended business October 1931. has been and opened for business. Plans are underway to open the First National Bank Hastings which closed last fall.
16.
February 4, 1932
The Grand Island Herald
Grand Island, NE
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CAPITAL NEWS
Nebraska's total of federal taxes for 1931 amounted to ac cording to statements recently sued by the international revenue bureau.
The Bloomington State Bank, which suspended business October 20, 1931, has been reorganized and opened for business. Plans under way to open the First National Bank of Hastings, which closed last fall.
The second annual Nebraska en gineers' round-up will be held Febr 24 at the University of Nebraska. Leading speakers on various engineering topics will address the meeting. Dean Ferguson of the University College of Engineering is general chairman of the event. Frank J. Taylor of St. Paul has filed for the renomination on the non-political ballot as regent of the state university from the sixth dis trict. Stanley D. Long of Cowles has also filed for renomination university regent from the fifth dis trict. Although the congressional dis trict has been reduced from six to five in number there has been no change in the regent districts which are the same as the former con gressional districts Dr. Alfred E. Eeves of Farnam is the first republican to file as can didate for lieutenant governor.
Alliance friends of Lee Brasye have filed a petition nominating him for railway commissioner on the republican ticket. Brasye, who is now Lincoln attorney, formerly lived in Alliance
Henry Glissman of Omaha has announced that he will file for republican nomination for congressman from the second district.
E. E. Placek of Wahoo has bee selected by the Ritchie democratic organization as a candidate for del egate to the democratic national convention from the old fourth congressional district.
Mrs. L. M. Lord of Omaha will republican candidate for national from Nebraska as rival of Mrs. Cameron of Omaha, present national committeewoman.
WANTED: Clean cotton rage at The Herald office. Call 1810.
17.
February 4, 1932
Grant Tribune-Sentinel
Grant, NE
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State Capitol News By Parke Keays
(Continued from preceding page.) lions according to the national industrial conference. The national income for that year was 71 billions. If these sums could have been distributed among the families of the nation each family would have had $11,000 capital and $2,366 income. Nebraska rated high in per capita wealth for 1930, estimated at $3,927. The board of control recently let contracts totaling $23,000 for materials for the construction of a new cell block in the state penitentiary.
A mechanical potato peeler and a dish called on the attorney general for an washer were also purchased by the opinion. The attorney general adboard. vised that election be made from the
Sheridan county commissioners have petitioned the governor to use his influence in having that county placed on the list for federal loans to be used for the purchase of seed, feed and tractor fuel.
Some question has existed as to whether democratic delegates to the national convention should be elected from the five new districts or from the former six districts. Democratic leaders are now in agreement that delegates shall be elected from the five new districts. When the question first arose Secretary of State Marsh five new districts. The democrats will elect two delegates from each district and six at large, while the republicans will elect two from each district and seven at large. State gasoline tax receipts for January total $546,000 as compared with $668,000 in December. The January 1932 receipts are over $100,000 less than a year ago. Figures compiled by the state treasurer show that $38,650,000 have been received in the state gasoline tax fund since the law went into effect in April 1925. The tax was two cents a gallon until April 1929 and was then increased to four cents a gallon. Of this amount more than $6,000,000 has been distributed to counties as their share for county road work. The Nebraska City chamber of commerce has applied to the postmaster general for the issuance of a special stamp on April 22, Arbor Day, commemorating the birth of J. Sterling Morton who served as secretary of agriculture under the Cleveland administration and who was the founder of Arbor Day. Morton was a pioneer Nebraskan and his former home and grounds at Nebraska City are now known as Arbor Lodge state park. Nebraska's total of federal taxes for 1931 amounted to $4,142,499 according to statements recently issued by the international revenue bureau. The December report of the state budget commissioner shows that warrants amounting to $1,866,000 were drawn as compared with $2,200,000 the previous month. Fourteen million dollars has been issued since the beginning of the last biennium last July. Appropriations received to date total $26,000,000, the unexpended balance is something over $12,000. The amount of $934,000 was spent during the month for highway and maintenance. The next largest item on the list was $469,000 for salaries and wages, $148,000 for lands and buildings and $128,000 for supplies. The Bloomington State Bank, which suspended business October 20, 1931, has been reorganized and opened for business. Plans are underway to open the First National Bank of Hastings which closed last fall. From eleven to twenty-one cars of relief supplies were shipped each day last week to the drouth district in northeast Nebraska. That the railroads are making their contribution is shown by the fact that one road has donated over $35,000 worth of service and two or three other roads operating in this section have made proportionate contributions of free transportation. The second annual Nebraska engineer's round-up will be held Februray 24th at the University of Nebraska. Leading speakers on various engineering topics will address the meeting. Dean Ferguson of the University College on Engineering is general chairman of the event. Frank J. Taylor of St. Paul has filed for renomination on the non-political ballot as regent of the state university from the sixth district. Stanley D. Long of Cowles has also filed for renomination as university regent from the fifth district. Although the congressional districts have been reduced from six to five in number there has been no change in the regent districts which are the same as the former congressional districts. Dr. Alfred E. Reeves of Farnam is the first republican to file as candidate for lieutenant governor. Alliance friends of Lee Basye have filed a petition nominating him for railway commissioner on the republican ticket. Bayse, who is now a Lin-
18.
February 4, 1932
The Mitchell Index
Mitchell, NE
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come for that year was 71 billions. If these sums could have been distributed among the families of the nation each family would have had $11,000 capital and $2,366 income. Nebraska rated high in per capita wealth for 930, estimated at $3,927.
The board of control recently let contracts totaling $23,000 for materials for the construction of a new cell block in the state penitentiary. A mechanical potato peeler and a the board.
State gasoline tax receipts for January total $546,000 as compared with $668,000 in December. The January 1932 receipts are over $100,000 less than a year ago. Figures compiled by the state treasurer show that $38,650,000 have been received in the state gasoline tax fund since the law went into effect in April 1925. The tax was two cents a gallon until April 1929 and was then increased to four cents a gallon. Of this amount more than $6,000,000 has been distributed to counties as their share for county road work.
Sheridan county commissioners have petitioned the governor to use his influence in having that county on the list for federal loans to be used for the purchase of seed, feed and tractor fuel.
Some question has existed as to whether democratic delegates to the national convention should be elected from the five new districts or from the former six districts. Democratic leaders are now in agreement that delegates shall be elected from the five new districts. When the question first arose Secretary of State Marsh called on the attorney general for an opinion. The attorney gerreral advised that election be made from the five new districts. The democrats will elect two delegates from each district and six at large, while the republicans will elect two from each district and seven at large
The Nebraska City chamber of commerce has applied to the postmaster general for the issuance of a special stamp on April 22, Arbor Day, commemorating the birth of J. Sterling Morton who served as secretary of agriculture under the Cleveland administration and who was the founder of Arbor Day. Morton was a pioneer Nebraskan and his former home and grounds at Nebraska City are now known as Arbor Lodge state park.
Nebraska's total of federal taxes for 1931 amounted to $4,142,499 according to statements recently issued by the international revenue bureau.
The December report of the state budget commissioner shows that warrants amounting to $1,866,000 were drawn as compared with $2,200,000 the previous month. Fourteeen million dollars has been issued since the beginning of the biennium last July. Appropriations received to date total $26,000,000, the unexpended balance is something over $12,000. The amount of $934,000 was spent during the month for highway and maintenance. The next largest item on the list was $469,000 for salaries and wages, $148,000 for lands and buildings and $128,000 for supplies.
The Bloomington State Bank, which suspended business October, 20, 1931, has been reorganized and opened for business. Plans are underway to open the First National Bank of Hastings which closed last
From 11 to 21 cars of relief supplies were shipped each day last week to the drouth district in northeast Nebraska That the railroads are making their contribution is shown by the fact that one road has donated over $35,000 worth of service and two or three other roads operating in this section have made proportionate contributions of free transportation.
The second annual Nebraska engineers' round-up will be held February 24 at the University of Nebraska. Leading speakers on various engineering topics will address the meeting. Dean Ferguson of the University College of Engineering is general chairman of the event.
Mrs. L. M. Lord of Omaha will be a republican candidate for national committeewoman from Nebraska as a rival of Mrs. Cameron of Omaha present national committeewoman.
Frank J. Taylor of St. Paul has filed for renomination on the non-political ballot as regent of the state University from the sixth district. Stanley D. Long of Cowles has also filed for renomination as university regent from the fifth district. Although the congressional districts have been reduced from six to five
19.
February 8, 1932
Kearney Hub
Kearney, NE
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STATE CAPITAL.
The December report of the state budget commissoner shows that warrants amounting to $1,866,000 were drawn as compared with $2,200,000 the previous month. Four teen million dollars has been issued since the beginning of the bierinium last July Appropriations received to date total $26,000,000, the unex pended balance is something over $12,000. The amount of $934,000 was spent during the month for high way and maintenance. The next largest item on the list was $469,000 for salaries and wages, $148,000 for lands and buildings and $128,000 for supplies.
The Bloomington State bank which suspended business October 20, 1931, has been reorganized and opened for business. Plans are un derway to open the First National bank of Hastings which closed last fall.
From eleven to twenty-one cars of relief supplies were shipped each day last week to the drouth dis trict in northeast Nebraska That the railroads are making their contribution is shown by the fact that one road has donated over $35,000 worth service and two or three of the roads operating in this section have made proportionate contributions of free transportation.
Frank J. Taylor, of St. Paul, has filed for renomination on the nonpolitical ballot as regent of the state university from the sixth district. Stanley D. Long, of Cowles, has also filed for as university regent from the fifth district. Although the congressional districts have been reduced from six to five in number there has been no change in the regent districts which are the same as the former congressional districts.
Dr. Alfred E. Reeces, of Farnam. is the first republican to file candidate for lleutenant governor.
Alliance friends of Lee Basye have filed petition nominating him for railway commissioner on the republican ticket Basye, who is now Lincoln attorney, formerly lived in Alliance.
Henry Glissman, of Omaha, has announced that he will file for republican nomination for congressman from the second district.
E. E. Placek, of Wahoo, has been selected by the Ritchie democratic organizatio as candidate for delegate to the democratic national convention from the old fourth congressional district.
Mrs. L. M. Lord, of Omaha, will be a republican candidate for national from Nebraska as a rival of Mrs Cameron, of Omaha, present national com. mitteewoman.
20.
February 20, 1932
The Hastings Daily Tribune
Hastings, NE
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CLAIMS
Brings Nearer Date of Distributing Be Faster.
About third the claims against the First National Bank have filed, was estimated today by receiver. "That's doing pretty good," Mr. Cronkleton "but could them faster. The soon they are filed course, the ter trust, and the soon can dividend paid." when notice claims could be filed that there quarter million dollars ready to paid out in dividends, and this distribution only upon the filing of sufficient of the claims. There learned, some miswith regard to the filing claims. least some fail their deposit the bank the basis their claim The procedure to deposits out of the bank, file While the official notice reads 90 are allowed for filing, that does not mean that the depositor should wait days, nor does mean that dividend can be paid earlier than days from the posting of the Hastening of claims hastens dividend. which view of the amount of cash on hand, may be dividend of from 20 to 25 per cent deposits. distribution of quarter million dollars in Hastings trade nels awaits the filing claims by depositors against the First Na tional
21.
February 24, 1932
The Hastings Daily Tribune
Hastings, NE
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First National Depositors Accept Offer of Omaha Man to Head Organization Move.
Depositors of the First National Bank meeting Tuesday night the Clarke Hotel entered into agreement with Robert Goethe the Charles Walters Company Omaha whereby Goethe will take charge of the organization bank succeed the First Na tional, which closed October 1931.
Goethe's proposal, which cepted without dissent by the proximately hundred depositors organize bank present, to which will meet the approval the chief examiner the Kansas City federal reserve district payment for his The depositors pledged selves $2,000 if the re-organization effected. subscriplist was passed and Mayor William Madgett. chairman depositors re-organization presided. Goethe members the began this organization outline plans to solicit morning subscriptions. Have Stock Subscriptions. The plan organize capital $100,000 and sur$50,000. this to be raised of 1,000 shares stock $150 share. The committee ready has subscriptions amounting several thousand dollars. The bank over assets bank amount corresponding to deposits received. According to the plan outlined, the assets will divided, the assets placed trust and this trust administered officials the new bank liquidated opportunity fords. Goethe outlined his plan before the depositors to sider the advisability employing him. He said had consulted Chief Wright the Kansas City federal district Wright had voiced the opinion that the plan feas-
Specializes Bank Service. The Charles Walters Company Goethe represents has offerservice banks period years. Its transactions are mainly nature carried without publicity and included organization banks, placing bank employes, consolidation banks and reorganization of banks, Goethe An open discussion of the quesfollowed Goethe's presentation his proposal. Among those spoke urged co-operation the depositors in project Cottingham, DutMaltman, Dr. Alva King and Fred Cook.