First Bank - Nickerson, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 23, 1925
Location: Nickerson, Nebraska (41.534, -96.470)

Metadata

Model: gpt-5-mini
Short Digest: c4ef521d

Response Measures

None

Description

Article is a court/receiver notice (Fremont Tribune, 1925-09-23) announcing a receiver for First Bank, Nickerson, Neb., and a petition to sell the bank's assets. No run or depositor run is mentioned. The receiver (Emil Folda) and the Guarantee Fund of Nebraska are named; this indicates the bank was placed in receivership and assets were to be sold, i.e., permanent closure. OCR errors in the notice were corrected (e.g., garbled words around dates).

Events (2)

1. September 23, 1925 Receivership

Newspaper Excerpt: Guarantee Fund of Nebraska...FOLDA, Receiver EMIL First Bank Nickerson, Nebraska. By Skiles, Their Attorney. Rohn Dunlap, Attorneys...NOTICE OF FINAL...petition herein named bank filed said for order praying sale all receiver sell at public...hearing on said Petition on the 28th day Septem[ber]. (publication notice of receiver's actions).
Source: newspapers

2. September 23, 1925 Suspension

Cause: Government Action
Cause Details: Receiver appointed and petition filed by the Guarantee Fund of Nebraska to sell the bank's assets (state-level supervisory/guarantee action).
Newspaper Excerpt: First Bank Nickerson, Nebraska, Defendant...Receiver petition herein named bank filed said for order praying sale all receiver sell at public of kind remaining every belonging said description, under the possession of said receiver...Guarantee Fund of Nebraska...FOLDA, Receiver EMIL First Bank Nickerson, Nebraska.
Source: newspapers

Newspaper Articles (1)

1. September 23, 1925 Fremont Tribune Fremont, NE

Article from Fremont Tribune, September 23, 1925

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Article Text

OF HEARING ON TION TO SELL ASSETS Court Dodge Counthe District Ex Ref Clarence Nebraska, Davis, General, Attorney First Bank Nickerson, Nebraska, Defendant. to all Notice hereby given debtors creditors, above named stockholders all others whom may and concern, that 4th day Guarantee Fund tember, the State NebrasCommission the the above and Receiver petition herein named bank filed said for order praying sale all receiver sell at public of kind remaining every belonging said description, under the possession of said receiver, except control stockholders liability. hearing on said There will 28th day SeptemPetition on the the hour of Court House in at thereafter Nebraska, heard by the court. Guarantee Fund of Nebraska, FOLDA, Receiver EMIL First Bank Nickerson. Nebraska. By Skiles, Their Attorney. Rohn Dunlap, Attorneys. Abbott, NOTICE OF FINAL the County Dodge State Estate Laura Francis ceased. Notice hereby given that Richhas filed with the H. Holsten County Judge of Dodge his final report County, administrator the Black. and Laura for final admade and and for assignment residue other by law entitled the and the 5th day of October, o'clock my office County, the thereof. (Seal) WALDO County Judge.