Nebraska State Bank - Milford, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 19, 1931
Location: Milford, Nebraska (40.774, -97.051)

Metadata

Model: gpt-5-mini
Short Digest: bd808298

Response Measures

None

Description

Articles from Nov 1931–Feb 1932 refer to the bank as 'defunct' and to actions by a receiver (Clarence G. Bliss). No article mentions a depositor run. The bank is in receivership and involved in litigation to recover notes, indicating permanent closure and receivership.

Events (2)

1. November 19, 1931 Receivership

Newspaper Excerpt: action brought by Clarence G. Bliss as receiver for the Nebraska State Bank of Milford.
Source: newspapers

2. February 9, 1932 Other

Newspaper Excerpt: Laipply, treasurer of the Milford school district and president of the defunct Nebraska State Bank of Milford, filed ... A brief supporting dismissal of suit brought by state bank receivers.
Source: newspapers

Newspaper Articles (3)

1. November 19, 1931 The Lincoln Star Lincoln, NE

Article from The Lincoln Star, November 19, 1931

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Article Text

BLISS APPEALS SEWARD COUNTY JUDGE'S ACTION Appeal was filed in the Supreme Thursday from Seward county District court decision sustaining the demurrer of defendants an action brought Clarence G. as the Nebraska State bank of Milford. The action was against Harry Laipply treasurer School District No. and the village of Milford and against units sought recover in possession of the defendant as guaranty for school and village monies, on the ground that notes really property of the bank. The receiver is appealing.

2. November 26, 1931 Seward Journal Seward, NE

Article from Seward Journal, November 26, 1931

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Article Text

BLISS APPEALS FROM SEWARD DISTRICT COURT Appeal was filed in the Supreme court Thursday from a Seward County District court decision sustaining the demurrer of defendants in an action brought by Clarence G. Bliss as receiver for the Nebraska State Bank of Milford. The action was brought against Harry E. Laipply as treasurer of School District No. 5, and the village of Milford and against the two governmental units themselves. It sought to recover notes in possession of the defendant as a guaranty for school and village monies, on the ground that the notes were really property of the bank. The receiver is appealing.

3. February 10, 1932 The Omaha Morning Bee-News Omaha, NE

Article from The Omaha Morning Bee-News, February 10, 1932

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Article Text

Laipply Attorneys Support Suit Ruling LINCOLN. Feb. 9, neys for Laipply, treasurer of the Milford school district and president of the defunct Nebraska State bank of Milford, filed supreme court Tuesday. A brief suporting dismissal of suit brought by state bank receivers enjoin of notes given to secure the districts' deposit The stae had appealed dismissal of the suit.