Bank of Orleans - Orleans, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 4, 1930
Location: Orleans, Nebraska (40.129, -99.455)

Metadata

Model: gpt-5-mini
Short Digest: 3432d393

Response Measures

None

Description

Article (The Orleans Chronicle, 1930-12-04) states the Bank of Orleans is insolvent, a receiver from the State Bank Department has been sent and reorganization has been given up. No run is mentioned; closure appears permanent with receiver appointed (government action).

Events (1)

1. December 4, 1930 Suspension

Cause: Government Action
Cause Details: State Bank Department sent a receiver; bank declared insolvent and reorganization abandoned.
Newspaper Excerpt: Shiveley of Hastings arrived here Saturday and is now in charge of affairs at the Bank of Orleans, insolvent. Work of making invoice of the bank's in progress and on its completion the business of the bank will be under the direction and supervision of the bank receiver sent out by the State Bank Department, assisted in the work of straightening matters Mr. Shiveley. We understand the idea of reorganization has been given up entirely.
Source: newspapers

Newspaper Articles (1)

1. December 4, 1930 The Orleans Chronicle Orleans, NE

Article from The Orleans Chronicle, December 4, 1930

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Article Text

GOSSIP ABOUT PEOPLE AND WHAT THEY ARE DOING Clyde has thiown away his crutches having recovered sufficiently from the injury he sustained when tractor wheel fell on his leg be to walk with cane. can sure whistle that town, My Walking Cane." Some of our local predestinarians have quit arguing about the matter. Shiveley of Hastings arrived here Saturday and is now in charge of affairsa't the Bank of Orleans, insolvent. Work of making invoice of the bank's in progress and on its completion the business of the bank will be under the rection and supervision of the bank receiver sent out by the State BankDepartment, assisted in the work of straightening matters Mr. Shiveley. We understand the idea of reorganization has been given up tirely. "Hold that calf, Knute! The Richards and Equity elevators have been receiving great deal of corn this week. The Richards elevator has been shelling corn brought on the ear and has kept the humming several days this week. Nels Lideen will pay reward for the return or clew to the goose had planned to have in connection with Thanksgiving feast providing located before Christmas. Charley Simpson condition does not improve very rapidly. He is still unable to leave home. Pearson, who was on the road for the Orleans Creamery company, last summer, but who is now in school the university at Lincoln, was in Orleans today sent out by the college in connection with the school's dairy research work. hoping we broke the handle out our snow shovel the snow our walk about the first of June. We can began soon to worry about the ice crop. Elam Peterson purchased Chevrolet automobile last week. lot of other fellows now wish they might have done likewise. Rev. Whyte, pastor of the Orleans Free Methodist church new reader of the Chronicle. Rev. Mr. Whyte came here recently from Edison. and in fashion even though better to have Stop have heard this one: Seeing engine apparetnly reasonably priced in catalogue, "Send Engine No. 1336, good will send check." The firm replied, send check, if will send Riverton Review. Santa Claus will again this appear Saturday at the Reynolds Store in Orleans and will have treat the kiddies. Mr. and Mrs. Moser of Jamespor, Missouri, made business trip to leans last Friday. Mr. Moser manager of the creamery Jamesport and came to Orleans to confer with Mr. Hanson about matters pertaining to creameries. Men's $35.00 value overcoats for $16.95 at Reynold's Store. Men's oversoats. for $9.95 Reynold's Store. Eda Abramson was out of school couple of this wee. Buy practical Reynold's Store. for the boy or girl school personal radio. The $49.50 complete. Gamble Stores Kearney, Nebraska During the first nine and half months of 1930 the real estate partment of the state banking partmen sold farm land and town property to the extent of millon and half dollars. The mcst active has been western Nebraseastern Colorado, and Kansas. Prices are somewhat better than year