Meisners Bank - Shelton, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 21, 1929
Location: Shelton, Nebraska (40.779, -98.731)

Metadata

Model: gpt-5-mini
Short Digest: b690bae4

Response Measures

None

Description

The article (1929-02-21) refers to the failed Meisner State bank of Shelton and describes depositors petitioning the governor for investigation. No run is described; the bank is described as failed/defunct, so this is a suspension/closure. I standardized the bank name to Meisner State Bank (OCR had variants). Cause is judged as bank-specific adverse information because the bank is described as failed and depositors seek investigation into its condition.

Events (1)

1. February 21, 1929 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Article calls the institution the failed Meisner State bank and depositors petitioned the governor for investigation into the failed bank's condition; indicates bank-specific failure rather than a rumor or broader panic.
Newspaper Excerpt: Petitions signed by upwards of 200 depositors the failed Meisner State bank of Shelton has been forwarded to Governor Weaver Lincoln, thorough of the failed banks vestigation Nebraska.
Source: newspapers

Newspaper Articles (1)

1. February 21, 1929 Lexington Clipper-Herald Lexington, NE

Article from Lexington Clipper-Herald, February 21, 1929

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Article Text

Depositors Sue Bank Examiner Depositors of the defunct Frontier County Bank at Stockville have filed suit for more than $33,000.00 against Hesebeck, state bank examiner, and his bonding and hearing was held company, last week on demurrer the suit by District Judge Eldred McCook. No ruling was made that time. One of the grounds of demurrer that the plaintiffs had no right and that if any claim existed was in favor of the bank and must be sued upon either by the bank or the guaranty fund commission. The plaintiffs claim that because of negligence of the examiner not discovering the condition of the bank, they and other depositors sustained damages. Pump Irrigation Gets Big Yields Delmar Anderson, Lexington, in irrigation pump at cost of irrigated 250 acres of on old alfalfa ground last and yielded 45 bushels per year If had not have been aged by hail, estimated have made 70 bushels His acre. neighbors, on same kind land but without water raised an age of 15 bushels an acre. little arithmetic will show the simple of his five thousand earnings dollars worth and ditches pump have been 8,250 bushels of Beet Prices Same Last Year Sugar beet contracts for, the Colorado district which extends far east Kimball, are the same as that of last year, guaranteeing farmers minimum initial payment of per ton and for additional payments ranted by the final net price realized for the sugar. Shelton Ask Investigation of Banks Petitions signed by upwards of 200 depositors the failed Meisner State bank of Shelton has been forwarded to Governor Weaver Lincoln, thorough of the failed banks vestigation Nebraska. Local men who have been circulating the petitions stated that they would have several hundred and would send of it to the members of the copies legislature well the governor. Large Beet Tonage at Shelton The Shelton academy farm, last raised five acres of beets that tons per The price paid the beets was $6.50 ton and the land netted not including the water acre, and labor. The American Beet of Grand Island Sugar company stated that this was the largest NINTH IS FOR IRRIGATION RIGHT Elmcreek Irrigation Project Beginning To Take Form Last Meeting meeting was held at the Farmand Merchants bank Wednesday evening of those interested in the irrigation project. Cheerfulmarked the meeting but it stressed that time now is vital and deadline on March was set for signatures to contracts if water be obtained this year. None voiced the opinion that the project hopeless and the work will not stop, all being confident that water will ultimately be obtained. will take some time for ganization the requisite signatures made. Ten days notice required before the meeting for organization, then contracts for the work must be made. good many things must be looked after before water will flow down the ditch. Fred Pinnell was appointed to devote his time to the solicitation of contracts and he is ready to go. He will be in his office, he states, on Wednesday and Saturday evenings when he will be pleased interested people and he invites questions. ought to be easy for this community to get this project through, matter that so vital to our prosperity. Mr. Warner, representing Mr. Stuckey of Lexington, was Elmcreek Wednesday. Mr. Stuckey interested in this project and wants to see succeed. Mr. Warner states that this year vital for irrigation projects in Nebraska, because Wyoming harping on the idea of preventing their water from leaving their state. He thinks they will succeed. Priorities secured before that time will be all right and rigation ventures after that will be of Beacon. Orval Woodward moved his famto Overton last week and are living part of the Art Bird house now occupied by Mr. and Mrs. Cecil Bird. Orval is driving the tank wagon for Art West the Overton Oil Service filling station. Lee Miller returned from an cursion to San Antonio, Texas, Saturday evening. He took party of six from Kearney, and reports some more land reservations. Mrs. Frank Turner of Kearney spent Thursday with her sister, Mrs. Lorin Walker. yield on any small acre tract in district. Sutton&Son Sold Elmcreek Garage Last week "Lige" Trenholm of Buick company at Lincoln, took charge of the Sutton Son Ford garage in Elmcreek. Ad Sutton, junior member of the firm has opened a.Chevrolet agency in Lexington. Cozad Ships of Alfalfa In 1928 the Cozad Local states, there were 2,234 carloads of alfalfa shipped from that station, which an increase of 332 cars over the previous year. Besides this there very extensive feeding in that community last year. This just one feature of the possibility with irrigation in the Platte valley. Robbers Entered Oconto Stores Recently a store at Oconto was broken into quanity of canned goods etc. the same night the garage was entered and number tools were missed. Car Stolen At Cozad Week Thursday Studeago "baker coupe belonging to Carl Faught was stolen from street in Cozad. County officials recovered the car latter the evening. young man who had been working Cozad took the car and rested. The car ran out of gas three miles east of North Platte. Two Cars Stolen In Elmcreek John Wortman's Chevrolet car was stolen Saturday night from the street Elmcreek. He ceived no trace of the machine. He had insurance on the car, which settled Wednesday. Another car, Dodge, was also stolen here Saturday night. It belonged to Lexington man who had just purchased and was in transit. It from the street disappeared was restaurant Beacon. some