Laurel State Bank - Laurel, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 8, 1929
Location: Laurel, Nebraska (42.429, -97.090)

Metadata

Model: gpt-5-mini
Short Digest: 8c22cf59

Response Measures

None

Description

1929 newspaper notes the Laurel State Bank is closed and in receivership; dividend payments being made to depositors and a receiver is in charge. OCR errors in the clipping (e.g., mangled names) were corrected where obvious. No mention of a depositor run prior to suspension.

Events (2)

1. February 8, 1929 Receivership

Newspaper Excerpt: George Cronkleston, receiver of the Laurel National... receiver the State bank at Laurel ... Miss Fielda Frahm temporarily in charge of the Laurel State bank; dividend amount ... will be paid to depositors this week. This the third payment he making Laurel Herbert Knox, has been the closed state bank in ... has gone Concord and George BouchSouth ceiver the State bank at Laurel has gone Dixon. Miss Fielda Frahm temporarily in charge of the Laurel State bank (OCR corrected).
Source: newspapers

2. February 8, 1929 Suspension

Cause: Government Action
Cause Details: Bank was closed and a receiver appointed (state/government action to place bank in receivership).
Newspaper Excerpt: the State bank at Laurel has gone ... receiver ... temporarily in charge of the Laurel State bank
Source: newspapers

Newspaper Articles (1)

1. February 8, 1929 The St. Edward Advance St. Edward, NE

Article from The St. Edward Advance, February 8, 1929

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Article Text

RECEIVERS FOR CLOSED NEBRASKA BANKS Neb., George Cronkleston. receiver of the Laurel National. NationNational banks, in Nebraska. been of the First bank of Coleridge He will be assisted here by Roy Flaherty 15 cent. dividend amount $75,000 will paid to depositors the Laurel this week. according to This the third payment he making Laurel Herbert Knox, has been the closed state bank in has gone Concord and George BouchSouth ceiver the State bank at Laurel has gone Dixon. Miss Fielda Frahm temporarily in charge of the Laurel State bank WALNUT LOGS SHIPPED FROM KNOX COUNTY carloads of choice walbeen from the Weigand timber Herrick town ship by squad men in the em. ploy Penrod, Jordan Clark Des be used the furniture The quality of walnut trees this the former home attracted the war department during the World and large used in the of gunstocks. Only were shipped to Des The tops less than 10 inch farmer for fence and fuel. HEART BALM CASE IS SETTLED OUT OF COURT -Sophie Reeb who awarded $6.600 heart balm verdict district court reagainst Sim Stark 63 years old; widower, wealthy landowner of Bradshaw, has settled the case out court appeal attorneys announced The sittlement understood to have for more than Stark's children seriously objected to the marriage. Miss Recb near Hordville.