13201. Lincoln Savings bank (Lincoln, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
February 22, 1896
Location
Lincoln, Nebraska (40.800, -96.667)

Metadata

Model
gpt-5-mini
Short Digest
a4f312d5

Response Measures

None

Description

Articles from 1896 refer repeatedly to the Lincoln Savings bank as defunct and to J. E. Hill as receiver; there is no mention of a depositor run preceding suspension in the excerpts. The bank is in receivership and appears permanently closed. Dates of initial suspension/failure are not given in these clippings; receiver activity is documented throughout 1896.

Events (4)
1. February 22, 1896 Receivership
Newspaper Excerpt
Receiver J. E. Hill of the defunct Lincoln Savings bank. . . filed his answer to the petition for his removal.
Source
newspapers
2. May 2, 1896 Other
Newspaper Excerpt
The application of the various depositors of the defunct Lincoln Savings bank for the removal of Receiver Hill will come up in district court next Monday.
Source
newspapers
3. November 19, 1896 Other
Newspaper Excerpt
In the case of John E. Hill, receiver for the Lincoln Savings bank, against the Nebraska Christian Educational board and others Judge Holmes found that the de-
Source
newspapers
4. * Suspension
Cause
Government Action
Cause Details
Bank had failed and a receiver (J. E. Hill) was appointed; bank was defunct and suspended operations prior to these articles.
Newspaper Excerpt
the defunct Lincoln Savings bank
Source
newspapers

Newspaper Articles (4)
1. February 22, 1896 The Courier Lincoln, NE
Article from The Courier, February 22, 1896

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Article Text

gineers of broad culture. Mr. Martin is a pleasing speaker and a man of wide information, and his presence added to the success of last week's exercises. The introduction in the eity council of a resolution protesting against the judgment against the Lincoln sanitary district in the Kendall & Smith case, and pledging the assistance of the city council in securing a new trial or appealing the case, was eminentIV proper, and Mr. Webster will find, if he continues to agitate this question, that the people of the city are back of him. There is hardly a man in the city, save those who have an interest in the case, who does not regard the judg. ment of $61,000 as excessive. It cannot be seriously contended that the property ever was worth anything like the amount of damages awarded. It is a well known fact that the business was for years conducted at a loss or with nominal profit. If Messrs. Kendall & Smith had been suing an individual for like damages the jury, in all probability, would have returned a verdict of $5,000 or $10,000. Because the defendant was a community and a whole city could be levied on to secure the money to pay the judgment, the jury disregarded facts and became reckless. The verdict is an injustice and CO effort should be spared to get it cut down to a reasonable figure. Mr. Richard Curious Outcalt, who obtained a vindication in Judge Erraticus Sockdolager Dundy's most honorable court, is just now devoting his leisure to an enterprise truly worthy of his peculiar talents. It is Outcalt who is the instigator of the movement to protest against the continuance of J.E. Hill as the receiver of the Lincoln Savings bank. This discredited financier whose own methods were in question. and who, despite thejudgment of Judge Dundy's jury, IS not regarded as a fit and proper person to throw stones at a brother banker, insinuates that Messrs. Miller & Barkeley are guilty of what the people of Lincoln, Judge Dundy and his jury notwithstanding, are convinced that he, Outcalt, is most properly charged with, i e., wrecking a bank, Outcalt has been inciting the public through articles in certain newspapers, and by other means, to a belief that

2. February 29, 1896 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, February 29, 1896

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Article Text

MRS. STROHM AND HER MISSION She is Working Central Illinois for Aid for Starving People in Nebraska. REPUDIATED AT HER HOME TOWN Arapahoe Citizens Ask the Governor to Stop the Work Being Carried On by the Industrious Solicitor. LINCOLN. Feb. 28.-(Special.)-Mr. A. d'Allemand of Arapahoe has written Governor Holcomb, enclosing a clipping from a La Salle county, Illinois, paper, referring in no very complimentary terms to a Mrs. Nettie Strohm, who, it appears, has been soliciting relief for "starving people" in Nebraska. Mr. d'Allemand says in his note to the governor that the Arapahoe Aid society has frequently warned this woman to cease soliciting aid in the name of residents of Arapahoe, but SO far the remonstrances have proved unavailing. The governor is asked to intercede in the matter and do what he can to nullify the pernicious efforts of Mrs. Strohm. The subcontractors at the penitentiary had a session with the Board of Public Lands and Buildings this afternoon. Representatives of Buckstaff Bros., the Lee Broom and Duster company and the Lincoln Range and Furnace company were present, as were also Warden Leidigh and Agent Whitehead. Nearly the entire afternoon was consumed in discussing the question of reducing to the contractors the price of convict labor. The contractors made a demand for this concession several weeks ago. No decision was reached today, but the whole matter was left with Mr. Whitehead, who will try to make as good a bargain as possible with the contractors. It is considered quite probable that the price will be reduced from 40 cents per capita per diem to 30 cents. The claim for water appropriation of T. C. and J. W. Kimsey of Dundy county for water from Indian creek was dismissed today by the -State Board of Irrigation. It was decided that they had not complied with the law. Leave was given them. however, to perfect their claim if they did so within twenty days from the receipt of notice. The Wyoming sheriff who attempted to locate W. A. Merchant, the alleged cattle thief. failed to do so and has gone home disgusted. The requisition was honored by Governor Holcomb, but so far it has proved a decidedly useless document. Fred L. Kimball, bookkeeper for Kimball Bros., marble dealers, was arrested at 2:30 this morning on complaint of Nellie Malloy, who charges him with attempting to perform a criminal operation. The girl is rather handsome, 21 years old. and has resided with the family of L. T. Gaylord. To the police judge she related a story of heartless betrayal and desertion. Receiver J. E. Hill of the defunct Lincoln Savings bank today filed his answer to the petition for his removal. He emphatically denies the authority of Messrs. Coffield, King and Gordon to prosecute the action to remove him and avers that it is solely on their own motion that they are so vigorously pushing the case. Omaha people in Lincoln: At the Lindell-I. W. Miner, M. G. Shelden. At the Lincoln--H. T. Clarke, John H. Hasberg, E. M. Stickney and wife, J. M. Woolworth, Walter Moise, H. B. Irey, John A. Krug, S. S. Rush.

3. May 3, 1896 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, May 3, 1896

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FIFTY THOUSAND MISSING Amount of Maxey Cobb's Shortage Grows as Investigation Proceeds. HIS LATE BONDSMEN WILL BE SUED Commissioners of Lanenster County Decide to Press Vigorously in the Courts for Collection of the Shortage. LINCOLN, May 2.-(Special.)-Notwithstanding the vigorous kick registered by Attorney D. G. Courtney against the employment of the law firm of Lambertson & Hall to assist County Attorney Woodward in the suit to be instituted against the bondsmen of the late Maxey Cobb, county treasurer, the county commissioners this afternoon announced that they should stand by the contract made with Lambertson & Hall, and that they knew of no good reason why they should not do so. Examiner Fodrea has reported that the deficiency in Cobb's accounts amounts to nearly $50,000. The application of the various depositors of the defunct Lincoln Savings bank for the removal of Receiver Hill will come up in district court next Monday. A large number of witnesses have been summoned by the objectors, including the bank officials and several depositors, who will bring their books with them into court. Regarding the story that State Auditor Eugene Moore would withdraw his answer to the complaint of the Farmers' Mutual Insurance company, cr, rather, that portion of it in which is raised the constitutionality of the law authorizing mutual fire insurance companies, the auditor today stated that he was perfectly willing that the attorney general should withdraw it, and, furthermore, that the alleged "attack" on insurance companies doing business on the mutual plan was inserted in the answer without his knowledge, and that he first read it in the answer as submitted to him by the attorney general. The question had been discussed betwen himself and the attorney general, but the making of that portion of the answer a point was done without his previous knowledge. This whole matter was explained in The Bee two weeks since, by authority of the auditor, and so far nothing new has transpired in connection with it. In the office of the clerk of the supreme court today it was stated that the attorney general could file a substitute answer, minus the objectionable constitutional point, but SO far nothing of the kind has been done. From the State Board of Transportation the Union Pacific Railroad company has obtained leave to file an answer to the complaint against the new schedule of freight rates by May 20. In the meantime the old schedule will be in operation, but the hearing of the Elkhorn controversy is set for May 8, and at this time the whole controversy may be settled for good. This afternoon a special train bearing the Boston contingent of the hotel men's Californ'a excursion passed through the city on its return from the annual meeting of the Hotel Men's Mutual Benefit association at Los Angeles. The train containing the New York contingent passed through yesterday and tomorrow the Chlcago wing of the ex-

4. November 20, 1896 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, November 20, 1896

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Article Text

SUBMIT THE BOUNTY CASH Arguments Presented to Supreme Court a Yesterday's Session. CHURCHILL AMENDS HIS BRIEF SOMI Counsel for Relator Upholds the Validity of the Nebraska Statute and Attorney General Points Out Its Weakness. LINCOLN, Nov. 19.-(Special.)-The firs case heard by the supreme court this morn ing was that of the State of Nebraska ex rel the Norfolk Beet Sugar company agains Eugene Moore as state auditor As outlined in this morning's issue of The Bee, the action is one brought to test not only the validity of the bounty act but also the valid ity of the warrants already issued in pay ment of large bounty claims of the Grand Island and Norfolk manufactories. Attor ney General Churchill represented the state auditor this morning, while the Beet Sugar company was present in the persons of ex Senator Charles F. Manderson and W. S Summers. The arguments were rather lengthy, counsel for the relator upholding the validity of the bounty act by numerous citations from the statute books, while the attorney general followed closely the line laid down in his brief, published this morn ing. The only changes made in the brief was the following interpretation attached to sections 1 and 8 of chapter 1. General Laws, which was appended to the brief with the leave of the court: The language of the first section of the act is: "There shall be paid out of the state treasury to any person; When The statute does not say; but the constitution does say: "No money shall be drawn from the treasury except in pursuance of a specific appropriation made by law And it is then, and only then, that "There shall be paid out of the state treasury to any person the five-eighths of 1 cent per pound upon each and every pound of sugar SO manufactured.' This fixes the time but until such appropriation is made no time is fixed. and it is not specific. Now as to section 8. The language is "When any claim arising under this act is filed, verified and approved by the secretary of state as herein provided, he shall certify the same to the auditor of state. That is, when a claim is filed the secretary of state shall certify. It is not that the auditor shall then issue a warrant; but it is "who shall draw a warrant When? Whenever there is a specific appropriation therefor: not before There is no other construction which can be put upon these sections without their being in conflict with the constitution: but thus construed it may be that the act is not void. This action, however, will not lie until the legislature shall have made the specific appropriation for the payment of such claims. The case was submitted upon the conclusion of the arguments. REQUISITION FOR ELLIOTT. Governor Holcomb today granted a requisition for George Elliott, wanted in Omaha for the murder of Gay Hutsonpiller, on request of County Attorney Baldrige of Douglas county. It now appears that George Washington Davis will not doff his stripes for at least ten days. The convicted train wrecker, who is now said to have been illegally convicted, owing to the unconstitutionality of section 93 of the Criminal Code, will have to wait until County Attorney Woodward has a heiring on a brief which the supreme court this morning gave him permission to file, bearing upon this same mooted section, 93. Although the court granted ten days to the county attorney in which to file his brief, it is understood that longer time will be asked, owing to pressure of work in the criminal court now in session This morning Judge Holmes took up the case of the Omaha Loan and Trust com pany against the estate of F. Goodman of Omaha. He at one time owned 160 acres of land near Cother university, ten acres of which he agreed to donate for the university's endowment in consideration of its being located near his tract. The university was built on time and according to specifications, but on being asked to make a deed Goodman delayed on various pretexts until, when he died, he had failed to carry out his contract. R. S. Dill, a cross-petitioner and the assignee of the university board, is endeavoring to enforce his claim to the ten acres and the plaintiff to a part of the tract to secure judgment of $1,064. The supreme court has granted a new trial to E. C. Hockenberger, ex-treasurer of Hall county, charged with embezzling $1,000 of school funds. The First National bank of Omaha obtained a decree of foreclosure on the Henry T. Clarke farm. near College View, today to satisfy a claim for $15,947. the Penn Mutual being second with one for $11,060. Mrs. Carrie Cobb this morning paid to the county commissioners the sum of $3,500, to be applied on whatever sum is found due from her late husband, Maxey Cobb, as treasurer. The money is the proceeds of a life insurance policy held in the Bankers Life. This makes over $6,000 she has paid. The commission appointed by the supremo court to examine applicants to practice before that tribunal, reported favorably today upon the following: Charles P. Gable, J. H. Lindale, James J. Roberts, J. W. Reece, A. W. Gross and T. E. McKillip. The court affirmed judgment in the case of Dr. B. F. Jones of Ashland, who was fined $50 in the lower court for practicing medicino without having filed his certificate in the office of the county clerk. Hattio Gordon was given a decree of divorce from her husband, Jonathan, by Judge Holmes this forenoon. Nonsupport was the cause of action. RECEIVER WINS THE SUIT. In the case of John E. Hill, receiver for the Lincoln Savings bank, against the Nebraska Christian Educational board and others Judge Holmes found that the de-