Shelton Bank - Shelton, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 17, 1931
Location: Shelton, Nebraska (40.779, -98.731)

Metadata

Model: gpt-5-mini
Short Digest: 1edb394b

Response Measures

None

Description

Article (Lincoln Journal Star, 1931-02-17) reports Shelton Bank depositors voting to reorganize under a Dalton plan and refers to Clarence G. Bliss as bank receiver. No mention of a depositor run in the text. The bank is in receivership and depositors are arranging reorganization; this implies the bank had suspended/failed and is under receivership (closure) rather than a simple temporary suspension with reopening. Limited detail in OCR text; no explicit suspension date given.

Events (3)

1. February 17, 1931 Other

Newspaper Excerpt: Shelton Bank Depositors Pick Dalton Plan. VOTE TO REORGANIZE — Shelton Bank Depositors Pick Dalton Plan.
Source: newspapers

2. February 17, 1931 Receivership

Newspaper Excerpt: Clarence G. Bliss, bank receiver, outlined various plans, explaining then asked the each come to their depositors considerable discussion. After discussion was voted to adopt the Dalton committee composed Mortimer and Bliss named trustees.
Source: newspapers

3. * Suspension

Cause: Government Action
Cause Details: Bank is in receivership (Clarence G. Bliss, bank receiver) indicating closure by regulatory/receivership action.
Newspaper Excerpt: Shelton Bank Depositors Pick Dalton Plan.
Source: newspapers

Newspaper Articles (1)

1. February 17, 1931 Lincoln Journal Star Lincoln, NE

Article from Lincoln Journal Star, February 17, 1931

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Article Text

VOTE TO REORGANIZE Shelton Bank Depositors Pick Dalton Plan. 225 the Meisner bank which failed in 1928 met continuing under the sale of reto the maining bidder, the Dalton of winding affairs. By up the plan all to are empowaffairs of the institution. Clarence G. Bliss, bank receiver, outlined various plans, explaining then asked the each come to their depositors considerable disdecision. After cussion was voted to adopt the Dalton committee comSchiemann, George posed Mortimer and Bills named trustees. time the Meisner bank defailed years ago $625,000. Depositors posits received about 60 percent claims.