Neligh State Bank - Neligh, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 15, 1927
Location: Neligh, Nebraska (42.129, -98.030)

Metadata

Model: gpt-5-mini
Short Digest: 1aa26810

Response Measures

None

Description

Article (Neligh News, 1927-08-11) states Neligh State Bank is 'now in the hands of a receiver' and announces sale of assets on August 15; no run is described. The episode indicates the bank suspended/payments and is in receivership (permanent closure). Also mentions Atlas Bank of Neligh in receivership.

Events (1)

1. August 15, 1927 Receivership

Newspaper Excerpt: Anybody owing the Neligh State Bank or Atlas Bank of Neligh, now in the hands of a receiver, are advised that they can bid on their notes at the sale of these assets which will be held on the 15th day of August at 2 'clock p. m. on the bank corner in Neligh. ROLLIE W. LEY, Receiver.
Source: newspapers

Newspaper Articles (1)

1. August 11, 1927 Neligh News Neligh, NE

Article from Neligh News, August 11, 1927

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Article Text

BIG CROWD AT ELGIN ON CREAMERY DAY TO HELP CELEBRATE BIG OPENING Tuesday was "Creamery Day' at Elgin at which time the new coopA erative ereamery opened up. program was held and prizes given for various things. The Neligh Junior Symphony Band played a concert in the evening. Following is the program held: 10:00, Band concert. 11:00, address by Senator Brown of Stanton, at Community Building. 12:00, parade. Free lemonade was served during the noon, hour. 1:00, band concert. 1:30, boys race, 50 yards; girls' race, 50 yards; free-for-all, 100 yds.; Fat Mans Race; 3-legged race, ladies potato race. 3:00 baseball game, St. Edward vs. Elgin. 7:00 water fight, Petersburg vs. Neligh, fight-to-finish, winner take all. 8:00 band concert, comboned bands of Clearwater, Neligh and Elgin. 9:00 free paving dance with music by King's 7-piece orchestra. The following prizes were awarded among the customers bringing cream to the Elgin Creamery on opening day: Largest quantity of cream, $10, $5 and $2.50. Highest quality of cream, $10, $5 and $2.50. , Cream brought longest distance by auto, $5 and $2.50. Cream brought longest distance by team $5 and $2.50. The Hastings Industrial Co. offered the following special prizes: $5 to the person guessing the nearest to number of customers on opening day. $5 to the person guessing nearest the number of pounds of cream brought in the opening day. A very large crowd was in attendance and the day was ideal for a celebration and program. Many Neligh people went over for the day and others were there for the evening. NOTICE Anybody owing the Neligh State Bank or Atlas Bank of Neligh, now in the hands of a receiver, are advised that they can bid on their notes at the sale of these assets which will be held on the 15th day of August at 2 'clock p. m. on the bank corner in Neligh. The receiver at this time is going to make an honest effort to sell these assets and you will be able to make a more reasonable settlement at this tome than later. ROLLIE W. LEY, Receiver.