13142. Hooper State Bank (Hooper, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
September 12, 1932
Location
Hooper, Nebraska (41.611, -96.548)

Metadata

Model
gpt-5-mini
Short Digest
298d5a09

Response Measures

None

Description

The Hooper State Bank closed on Sept. 12, 1932 with an examiner placed in charge; subsequent articles discuss receivership hearings and appointment of receivers and dividend payments to depositors. No run is described. The sequence indicates a suspension followed by receivership/closure (permanent).

Events (6)
1. September 12, 1932 Suspension
Cause
Government Action
Cause Details
Bank closed and state banking examiner placed in charge; officers recommended action and board decided to liquidate to protect depositors.
Newspaper Excerpt
HOOPER BANK IS CLOSED MONDAY ... Examiner J. Mc. Lain was placed in charge
Source
newspapers
2. October 20, 1932 Other
Newspaper Excerpt
Receivership matters for the Hooper State Bank is still holding considerable interest... petition was filed ... asking for the appointment of Bernard Monnich as local receiver ... meeting called by representatives of the state department of trade and commerce ... a receivership hearing had before Judge Spear in district court with both local and state representatives present. The hearing was not finished ... the matter will again come up before Judge Spear in district court.
Source
newspapers
3. February 25, 1933 Other
Newspaper Excerpt
banking department today announced payment first dividend of percent to depositors the failed Hooper State bank. Checks totalling $23,262 mailed
Source
newspapers
4. April 6, 1933 Receivership
Newspaper Excerpt
Mr. Vogt now receiver for the banks Hooper, Winslow and Oakland ... will spend Monday Tuesday of each week in Herman.
Source
newspapers
5. March 7, 1934 Other
Newspaper Excerpt
The state banking department, receiver, paid 10 percent dividend, $23,262.14 to depositors of the Hooper State bank, making a total of $46,524.28 or 20 percent.
Source
newspapers
6. May 24, 1934 Other
Newspaper Excerpt
The table of loans to closed bank receivers includes ... Hooper, Hooper State Bank, $40,000.
Source
newspapers

Newspaper Articles (7)
1. September 12, 1932 Fremont Tribune Fremont, NE
Article from Fremont Tribune, September 12, 1932

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Article Text

HOOPER BANK IS CLOSED MONDAY Officers Recommend Action be Taken LINCOLN. Sept. 12 (U.R)-Tht Hooper State bank closed its doon today, on of officers and directors, from the state partment of trade and The bank's deposits were gives as $200,000; capital $25,000 and sur plus $25,000. Officers of the bank are Windhusen, president; man, vice president: Ottesistant cashier, Examiner J. Mc. Lain was placed in charge for the When the bank was re-organized years ago all the was taken by five men, H. Windhusen, Geo. F. Otteman, J. H. Moeller, George Hogemeyer and Henry Moller. Henry Moller has since died. During the period of the depression the have gradually been reduced, $300,000 having been the past two years. the board decided liquidate to best protect the depositors.

2. October 20, 1932 The Hooper Sentinel Hooper, NE
Article from The Hooper Sentinel, October 20, 1932

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Article Text

BANK RECEIVER STILL UNDECIDED Receivership matters for the Hoop er State Bank is still holding consid erable interest for bank depositors Two weeks ago petition was filed with District Judge Fred L Spear asking for the appointment of Ber nard Monnich BS local receiver. This was followed by a meeting called las: Thursday afternoon by representatives of the state department of trade and commerce. The meeting was attended by a very large number of depositions At this time L. Stoll, head of the receivership department of the state banking department. addressed the depositors, advising them that advantages could be gained by placing the receivership under the direction of E. H. Luikart, secretary of the ninth inning when they made three department of trade and comme instead of installing a local man as receiver George Hall, receiver of un Omaha bank was also present and gave his views the appointment of Luikart C. E. Abbott attorney for the deposit ors. who filed the applica tion asking the appointment of M Monnich was also present, and he spoke on the advantages of placing local men is receiver W D. Holbrook was chairman of the meeting and Wm. Meyer secretary. At the close of the meeting De titions were circulated asking the appointment of Mr Luikart Tuesday afternoon a receivership hearing had before Judge Spear in district court with both local and state representatives present. At this time witnesses were called to give their preferences. The hearing was not finished and this morning the mat ter will again come up beforeJudge Spear in district court.

3. February 25, 1933 Norfolk Daily News Norfolk, NE
Article from Norfolk Daily News, February 25, 1933

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Article Text

Depositors Lincoln, banking department today nounced payment first dend of percent to depositors the failed Hooper State bank. Checks totalling $23,262 mailed

4. April 6, 1933 The Pilot-Tribune Blair, NE
Article from The Pilot-Tribune, April 6, 1933

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Article Text

VOGT AGAIN PLATEAU RECEIVER Vogt, who served charge the Plateau State bank at Herman from the time of its closing February, 1932, until last Decemcharge that institution's affairs, the result of transfer made last week. Mr. Hoflfman, succeeded Vogt, also taking charge of the failed bank at Oakland, has been assigned the Winnebago bank. Mr. Vogt now receiver for the banks Hooper, Winslow and Oakland, well the Plateau bank, will spend Monday Tuesday of each week in Herman.

5. March 7, 1934 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, March 7, 1934

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Article Text

PAYS BANK DIVIDEND. The state banking department, receiver, paid 10 percent dividend, $23,262.14 depositors the Hooper State bank, making total of $46,524.28, percent.

6. March 7, 1934 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, March 7, 1934

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Article Text

MERE MENTION True's Wed. Spls: Chocolate pies 25c, chicken noodles 10c.-Adv. Robert G. Simmons will address Optimist club Thursday noon on "Things You Want to Hear Myron H. Swenk of the University of Nebraska will speak to Kiwanis club Friday noon on "The Value Nebraska Bird Life." Condition of Sheriff Hensel at Bailey's Tuesday night was reported by attendants as bepage ing good. Firemen made run to the residence of Leo Bartunek, 1127 G. Tuesday night. chimney flue was burning out but there was no The state banking department, receiver, has paid 10 percent dividend, $23,262.14 to depositors of the Hooper State bank, making a total of $46,524.28 or 20 percent. Special open hearing will be held ciety in the council chamber at 2 p. m. Wednesday on request for on-sale beer license at 39th and South. Application was held up because of protests. Twenty-five members of the Railway Mail Clerks association met to discuss association affairs at the Cornhusker hotel Tuesday evening. Vern Benson was in charge. Representative Jensen of Fremont, democrat, filed nomination papers as candidate for the state senate Tuesday, but his papers were returned by Secretary of State Swanson for correction. Wed Specials: Sirloin steaks from corn fed Baby Beef 17c lb. Pill Choice fresh cut Hamburger lbs. 25c. Fancy Nut Bread 18c loaf. Wholesome Raisin Bread Newly-laid eggs 2 doz. 25c. Freadrich Groceryterias.-Adv. A defective flue at the residence of W. C. Olson, 329 No. 21st, caused small blaze late Tuesday afternoon. Firemen said damage was slight. A run was made earlier in the afternoon to 17th and Arapahoe for grass fire which caused no damage. Eighty-one members of the faculty of the college of arts and sciences of the University of Nebraska attended the annual dinner for the group at the University club Tuesday evening. Dean H. Oldfather presided at an official meeting following the dinner. Several committees reported. Bacteriological report on fifty samples Lincoln water taken during February shows that fermentation in lactose broth OCcurred in but four samples and in none were colon bacilli present. Several tests of untreated samples at Ashland disclosed high bacteria count but water free from pollution. Sanitary condition was excellent all times. W. B. Banning of Union, demo- of cratic candidate for governor, visited the capitol on business Tuesday. He has not announced platform upon which he may make campaign, but said he was opposed any tax, sales or otherwise, does not absolutely take the place of property tax. am opposed to any new and additional tax,' he said. Lincoln police Tuesday afternoon a report of holdup during the forenoon between folk and Stanton on highway No. 8. Two men, of them using blue steel pistol, got $24. The victim thought they were drunk as their car the road. They were driving a muddy sedan with either Kansas or Colorado license plates. Charles Miller, 50, is rapidly recovering from injuries "Sunday night when attacked by two thugs, Dr. George Underwood reported Tuesday night. Miller told him that he had been suffering slight headache, but no brain injuries infection have developed, Dr. Underwood The man was given anti-tetanus serum. Chief Condit said Tuesday night that no clues on the identity of Miller's attackers have been revealed. State Labor Commissioner Matthews said Tuesday afternoon that the nonpartisan organization to have charge of the annual banquet in commemoration Bryan's birthday, March 19, will be perfected at meeting at the Cornhusker hotel Wednesday night, and anybody interested is welcome to participate in the organization. "We gave the democratic clubs chance, and now the non-partisan organization will go on, said Matthews, informed that the county democratic club had appointed committee render assistance and co-operation with the memorial association. The $15,500 claim of John Lusher of Seward county, against State Bank of Bee, disallowed by the district court as claim having priority over other deposits, has been appealed to the supreme court. The lower court held that the certificate of deposit was allowable only as general deposit. The bank receiver alieged that it was issued to deceive bank examiners and the state banking department, that it had been agreed between Lusher and the bank that he should have percent interest, which was percent higher than the law al-

7. May 25, 1934 Star-Herald Scottsbluff, NE
Article from Star-Herald, May 25, 1934

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Article Text

FAILED BANKS GET R. F. C. CASH LOAN Washington, May 24. (P)-Receivers of closed Nebraska banks were' authorized to borrow $2,022,653.43 from the Reconstruction Finance corporation between February 2, 1932, and May 18, 1934, Jesse H. Jones, chairman, reported today. The largest individual loan authorized in Nebraska was $175,000 to the Farmers State Bank of Columbus. The Farmers State Bank of Kearney borrowed $141,750. and the Norfolk National bank received $130,000. Besides the loans to closed bank receivers, the RFC also authorized a loan of $50,000 to the Fremont Mortgage company. The table of loans to closed bank receivers includes Auburn. First National Bank of Auburn. $26,000 First National Bank of Auburn. $23,000. Aurora. Fidelity State Bank, $49,675. Columbus, The Commercial National Bank Columbus, $60,000; Farmers State $175,000. Fremont, The Union National Bank of Fremont, $85,000. Holdrege Phelps County Bank, $50,000. Hooper, Hooper State Bank, $40,000. Litchfield, The First National Bank of Madison. The First National Bank of Madison, $83,000. McCook Farmers & Merchants State Bank, $26,000. Norfolk, The Norfolk National Bank, $130,000 Platte Center, Platte County Bank, St. Edward The Smith National Bank of St. Sterling, First State Bank. $31,000. West Point. The Point National Bank, $50,000; West Point National Bank,