Meisners Bank - Shelton, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: September 1, 1927*
Location: Shelton, Nebraska (40.779, -98.731)

Metadata

Model: gpt-5-mini
Short Digest: 22ed35c8

Response Measures

None

Description

Articles report the Meisner State Bank as having failed and been taken over by a receiver and paying partial dividends to depositors. No run is described. OCR shows slight date inconsistencies: one article says failure in September 1927 (Omaha World-Herald, 1929) while another references failure three years ago (Lincoln Journal Star, 1931) — both point to a failure and ongoing receivership/liquidation. I corrected the bank name to 'Meisner State Bank' (articles show 'Meisner State bank').

Events (2)

1. September 1, 1927* Receivership

Newspaper Excerpt: Clarence G. Bliss, bank receiver, was present and outlined various plans... the Meisner State bank which failed here in 1928 continuing collections under the receivership ... Max George and Bills was named as trustees. Depositors have received two dividends, one of 36 per cent and one of 12 per cent.
Source: newspapers

2. September 1, 1927* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank had failed and was taken over by the commission/receiver; subsequent liquidation and dividend distributions indicate insolvency or serious adverse bank-specific problems.
Newspaper Excerpt: the Mesiner bank before the institution was taken over by the commission showed deposits of more than 660 thousand dollars. Local depositors have received two dividends, one of 36 per cent and one of 12 per cent.
Source: newspapers

Newspaper Articles (2)

1. February 15, 1929 Omaha World-Herald Omaha, NE

Article from Omaha World-Herald, February 15, 1929

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Article Text

200 BANK DEPOSITORS ASK LEGISLATIVE AUDIT Shelton Residents Have Received Two Dividends from Failed Institution. WANT ASSURANCES Special Dispatch to The World Herald Shelton, Neb., Feb. Petitions signed by upwards of 200 local depositors in the Meisner State bank, which failed here in September, 1927, requesting a thor ough investigation of the guaranty fund, have been forwarded to Senator Kenneth Wherry, governor Weaver. Senator John Bowman and Representative F. A. Mueller The petition avers that depositors want assurance that the local bank and other failed institutions have been operated in the best interests of the depositors. The last statement of the Mesiner bank before the institution was taken over by the commission showed deposits of more than 660 thousand dollars. Local depositors have received two dividends, one of 36 per cent and one of 12 per cent. Depositors are planning to hold a meeting here Saturday night, February 16, to organize for an in vestigation of settlements which have been made in closing the bank's affairs.

2. February 16, 1931 Lincoln Journal Star Lincoln, NE

Article from Lincoln Journal Star, February 16, 1931

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Article Text

VOTE TO REORGANIZE Shelton Bank Depositors Pick Dalton Plan. 225 of the Meisner State bank which failed here in 1928 continuing collections under the receivership sale of maining to the highest cash bidder, or adoption of the Dalton winding up affairs. By latter plan all depositors sign their claims to committee three trustees who are empowered to settle affairs of the institution. Clarence G. Bliss, bank receiver, was present and outlined various plans, explaining in detail how each then asked the depositors to come their own decision. After considerable discussion it was voted to adopt the Dalton plan and committee comof Max George and Bills was named as trustees. the time the Meisner bank failed three years ago had deposits Depositors their received claims. about 60 percent of