13199. Lincoln Savings Bank (Lincoln, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 25, 1904
Location
Lincoln, Nebraska (40.800, -96.667)

Metadata

Model
gpt-5-mini
Short Digest
a20b2ee4

Response Measures

None

Description

Articles describe the Lincoln Savings Bank as defunct with a receiver (Capt. Hill) handling funds and dividends returned to the state. No article mentions a depositor run; the bank appears to have been closed and in receivership.

Events (2)

1. November 25, 1904 Suspension
Cause
Government Action
Cause Details
Bank was defunct and placed in receivership; Captain Hill is acting as receiver for the Lincoln Savings Bank.
Newspaper Excerpt
defunct Lincoln savings bank ... Captain Hill, receiver for a defunct Lincoln Savings bank
Source
newspapers
2. December 1, 1904 Receivership
Newspaper Excerpt
This amount ... was paid to Treasurer Mortensen recently by Capt. Hill, receiver for a defunct Lincoln Savings bank. The money had been deposited by Joseph Bartley ... It represents the dividends paid by the bank. (Valentine Democrat, 1904-12-01). the receipt Captain Hill offered for him to sign was for all the money due the state from the defunct bank, of which Captain Hill is the receiver. (McCook Tribune, 1904-11-25).
Source
newspapers

Newspaper Articles (2)

Article from The McCook Tribune, November 25, 1904

Click image to open full size in new tab

Article Text

NEBRASKA STATE NEWS THE NEWS IN NEBRASKA. BUILDING AND LOAN REPORTS. West Point's new passenger depot ssociations in Nebraska Shown to Be is now ready for occupancy. The electric lights have been turnin Prosperous Condition. ed on in the village of Lynch. LINCOLN.-Secretary Royce of the The Jacob Golden commission ate banking board has received from house at Geneva was closed by credite printer his report of the condition ors. the building and loan associations the state for the year ending June Prof. Hornberger, well known The report indicates a prosperous throughout the state, in an educationindition of the associations and a al way, died recently at Lincoln. ry gratifying growth. At the time Rev. and Mrs. J. W. Swan of e report was made there were sixty Plattsmouth, celebrated their fifteenth sociations doing business in the wedding anniversary a few days ago. ate, an increase of three over last The school truant officer proposio lar. The total resources of the astion was lost in Dodge county, the ciations reporting are $6,217,350.40, vote against it being about two-thirds. ing an increase of $873,921.02 over The Johnson ranch, situated in e assets of the fifty-five associations Liberty precinct, Pawnee county, conporting last year. By comparison sisting of 1,329 acres, was sold to portant items are found to have A. J. Weaver and J. H. Moorehead for en increased and diminished during $55.000 cash. e year as follows: Thieves entered the hardware store $893,059.01 ans, increase 71,642.92 ock loans, increase of D. H. Stout at Julian and took a 9,488.94 al estate, decrease large number of knives, razors and rniture and stationery, in2,548.11 crease revolvers. They broke open the money 16,660.24 sh, decrease drawer, but found nothing therein. 4,030.85 linquencies, decrease 6,172.25 :pense sand taxes, increase J. C. Williams, deliveryman for 16,924.65 her assets, increase Zuckweiler & Lutz, Plattsmouth, had 647,405.21 nning stock, increase 103,128.87 11 paid stock, increase a close call from being kicked to 41,862.29 serve fund, increase death by a horse. Several of his ribs 32,253.59 divded profits, increase were fractured and he was otherwise The receipts and expenditures of the injured. sociations during the year ending Wm. Balfour and Iver Johnson, two ne 30, 1904, were $4,469,832.87. In Omaha hunters, were drowned in er words, these associations did a Goose lake, twenty-five miles from siness of nearly $4.500,000 at an exnse for salaries of $54,161.47 and O'Neill, while in search of game. Their bodies, after much search, were her expenses of $39,705, or a fracrecovered. In over 2 per cent. Sheriff McBride returned to PlattsOf the $5,493,718.87 in first mortge loans, only the small sum of mouth from Des Moines, bringing with him two buggies, one horse and 7,110 are in the delinquent class harness, which was stolen from H. P. d but $36,821 in process of foresure. Sturn and L. W. Ingwerser, who reThere are 174,022 shares of stock in side near Nehawka, in Cass county. ce, which is an increase of 20,598 The property was stolen last spring. res over the number in force at the A letter has been received by Gove of the last report. ernor Mickey from Mrs. Lillie Belle There are 23,499 shareholders, of Meyer of St. Louis, asking for inforich number 660 are minors. mation in regard to the whereabouts 'he associations made 2,322 mortof her father, E. J. Hannock, whom re loans during the year, of which she has not seen for twenty years. She mber 1,061 were made for building says that Mr. Hanock is somewhere in Nebraska. poses and 1,246 for payment of omestead mortgages." The "Sit Still" society is the latest of the many organizations in Lincoln. COUNTIES IN DEBT TO STATE. The members are all masculine and its object is to obtain larger cars and better street car service in general nough Old Taxes Uncollected to for the city. The society hopes to at Wipe Out Entire State Debt. tain its object by sitting still-that is, INCOLN.-Deputy Auditor Anthes each member will keep his seat in preparing the report of the auditor the car instead of surrendering it to a the biennium, and the report will a woman. W that if all the counties in the The authorities of Battle Creek te that are delinquent would pay up place are looking for a man who gave state debt would be wiped out and his name as James McClan and progotten in little less than no time. fessed to be a hunter from Omaha, irty counties owe the state $742,and who is known to have driven .27. some of which money has been away with a load of guns and boxes ) sinee 1859. The remainder of the stolen from Morse's hardware store ort of delinquent counties is still in that place, and who told the driver the hands of the printer and the he was going to steal James Gillesount is more than $2,000,000. It is pie's daughter from her home fifteen ected that a good portion of this miles south. I be collected under the workings John B. Boese, who shot and killed the scavenger tax law. The counties his son during a family quarrel some t have been received from the time ago and who has been in jail nter are delinquent as follows : $ 6,144.91 es since, was arraigned in the county 18,034.49 cheok court at Nebraska City and pleaded 50,336.69 not guilty to the charge of murder in 825.93 ker vard 16,193.56 the second degree. He waived preerson 25,108.23 liminary hearing and was bound over nson 23,943.84 12.527,97 Irney to the district court in the sum of 7,098.91 th $2,000. Not being able to furnish bond 7.004.994 a Paha he was returned to jail. 3,480.60 ball 20,982.40 Former State Treasurer Hill offercaster 106,845.24 coln 21,567.07 ed State Treasurer Mortensen a cer7,241.77 an tified check for $3,812.40 in payment 3.109.02 p of all that was due on account of lison 24,577.60 2,086.33 Pherson money deposited by Joseph S. Bartrick 36,500.17 ley, state treasurer, in a defunct Lin13,909.30 ice aha 31,990.77 coln savings bank. Mr. Mortensen rekolls 20,543.90 fused to take the money for the rea69,346.49 nee 30,275.14 son that the receipt Captain Hill ofkins 7,173.23 fered for him to sign was for all lps 28,846.78 25,423.47 ce money due the state from the defunct te 30,215.82 bank, of which Captain Hill is the k 13,907.86 receiver. Willow 12,162.84 A large amount of new corn is being contracted for in Sarpy county at Champion Cornhusker. 35 cents per bushel. The supreme court must decide the ENNINGTON.-This little town come to the front with the chamconstitutionality of the state law pro1 cornhusker. J. Miller is the man, hibiting the use of the national flag for advertising purposes. N. V. Halthere are plenty of people here h will put up money that he can ter and H. V. Hayward, saloonkeepers of Omaha, handled a brand of beer at all comers. During the past k, without any exertion, Miller known as the "Stars and Stripes," been husking and cribbing 120 bore the national flag on the label. The men were convicted of violation hels per day, working nine hours. pulling out a little, it is believed of the law by the district court of er can husk 150 bushels per day. Douglas county. They have appealed to the supreme court. claiming that the state law is class legislation, and W. H. Reed is Dead. so unconstitutional. INCOLN-Colonel W. H. Reed, a The governor of Illinois has issued ran naval officer of the civil war a requistion on the governor of Nepioneer citizen, died here at the braska for the return to the Southern dsor hotel. He declared just beIllinois penitentiary at Chester, of he retired that he never felt betRaymond Slater, now under arrest in in his life. He was found dead in Omaha. Slater was sent to the prison morning on an indeterminate sentence for forgery and escaped while on parole. Under the indeterminate sentence law W. B. Rose Keeps His Place. he was subject to release by the state INCOLN.-W. B. Rose has been when he had cted for assistant attorney genbut the strated board of his pardons reformation. demon- violaand has accepted the appointtion of the parole under the law now t. He has held the position for will require


Article from Valentine Democrat, December 1, 1904

Click image to open full size in new tab

Article Text

The state is just $3,840.12 to the good. This amount, of which there was absolutely no record in the treasurer's office, was paid to Treasurer Mortensen recently by Capt. Hill, receiver for a defunct Lincoln Savings bank. The money had been deposited by Joseph Bartley, at that time state treasurer, and no record of the transaction could ,be found by Mr. Mortensen. It represents the dividends paid by the bank.