13647. Bank of Syracuse (Syracuse, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 25, 1932
Location
Syracuse, Nebraska (40.657, -96.186)

Metadata

Model
gpt-5-mini
Short Digest
e0a02ac7

Response Measures

None

Description

Articles describe the Bank of Syracuse as a failed/suspended state bank with a receiver and dividend payments during liquidation (May–Sept 1932). There is no mention of a depositor run; the bank is in receivership and being liquidated, so classification is suspension_closure. Dates use newspaper publication dates when event dates are not stated explicitly.

Events (3)

1. May 25, 1932 Suspension
Cause Details
Article refers to the bank as 'failed' or 'suspended' but gives no trigger or cause for suspension; cause not specified in articles.
Newspaper Excerpt
Depositors in the failed Bank of Syracuse received a 35 percent dividend
Source
newspapers
2. September 2, 1932 Other
Newspaper Excerpt
The Bank of Syracuse received $9,944 which makes 50 percent of their claims. Depositors in the suspended bank of Syracuse were greatly pleased Saturday when they received ... dividend ... which makes total of sixty per cent paid out by that bank.
Source
newspapers
3. September 2, 1932 Receivership
Newspaper Excerpt
The receiver of the ... Mr. John Eiser, working steadily toward final liquidation of the assets of the bank
Source
newspapers

Newspaper Articles (7)

Article from The Farnam Echo, May 25, 1932

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Article Text

News From the State Capitol By Naomi Buck Wood Charles W. Taylor, state superintendent will give commencement addresses at the following points, Leigh, Huntley, Maxwell, Rushville, Gordon, Ohiowa, and Craig. He will also speak at West Point on Memorial day. Roy Harrop of Council Bluffs, Iowa, has filed initiative petitions with Secretary of State Marsh which proposed a state bank with branches in every county and a legislative appropriation or $1, 000,000 back of the scheme. The secretary of state returned the petitions to Mr. Harrop because they lacked the necessary number of signers for legality. Mr. Harrop has other proposals that he would like to submit to the voters if he can get enough backing to get his petitions signed. Former governor, S. R. McKelvie, advocates the taxing of municipally owned utilities as one means of cutting the property tax for the farmer. He estimates that $50,000,000 worth of utility property in the state is tax free. The Abel Construction company of Lincoln has been awarded the contract for graveling the highway between Blair and Herman at a cost of$2,045. The state board of equalization, has decided to ask the supreme court to clarify its ruling on the subject of natural gas lines. The Governor feels that the court arrived its decision through a misunderstanding of the records. Figures from the department of census in Washington show that there are 117,657 owned nonfarm homes and 88,985 rented nonfarm homes in Nebraska. There are in addition 63,712 owned farm homes and 63,850 rented farm homes in the state in addition to 4,819 farm homes and 3,976 nonfarm homes which were not classified. These homes housed a total of 342,999 private families. A study of values shows that the largest percentage of the owned nonfarm homes are valued between $3,000 to $5,000 and the largest percentage of rented nonfarm homes bring a rental of $15 to $30 a month, only 8 percent bringing a rental of more than $50.00. About one sixth of the cases before the Nebraska Supreme Court involve the state of Nebraska in some way or another. Many of these are actions brought by the state. At the present time there are among other suits the disbarment proceedings against seven attorneys, suit of the state against gravel companies, alleging an illegal combine, and the banking law cases. The state of Nebraska has accepted $50,000 worth of bonds from the Bridgeport irrigation district which will relieve the water users of that district. Through a disagreement the federal government obtained a judgment of $110,000 to $125,000 on the property with a first mortgage, the state already held $75,000 in bonds with a second lien. The federal government finally agreed to settle for $50,000 and the state now holds bonds amounting to $125,000 with a first mortgage. Governor and Mrs. Bryan plan to spend next week touring the northwestern part of the state. He has announced that the trip will be "nonpolitical" since it is a trip they have always wanted to make. That section of the state is considered the scenic section and Mrs. Bryan has never had the pleasure of visiting it. They will make stops in Norfolk, O' Neill, Valentine, Chadron, Crawford, Harrison And Alliance, returning though Broken Bow or Bridgeport. Only one public address is planned which will be at Long Pine. Gus Miller, superintendent of the state reformatory for men is already laying plans for the operation of the new license plate factory. Two men will be trained for each job in order to prevent delays from illness and to porvide for the possibility of working night shifts in order to complete the 1933 allottment. It is probable that the factory will not be ready for operation before August which will give little time for the completion of next years plates. Only fifty Grand Army veterans gathered for the state encampment this year and of this number only four undertook to march in the parade. Reports that 50,000 Nebraskans out of work are disputed by Lulah T. Andrews, director of the United States employment service. She says the figure is more nearly 12,000. It is estimated that at least 7,500 of these are in Omaha where the charitable institution are contributing to 6,000 families. Members of the state railway commission appeared before an examiner for the interstate commerce commission explain why the state commission granted railroads the right to decrease rates on sand and gravel in the state at the same time the roads were asking sand receiving a 15 percent blanket increase on all freight rates. Because of the quantity of sand and gravel available in the state and the conditions existing here the railroads asked for the decrease and the commission granted it. The case will be heard further May 24 in Washington. The Abél Construction company has been awarded the contract for graveling the state highway between Shelton and Buda. Their bid was 8 cents per cubic yard under the nearest bidder They took the bid at 64 cents a cubic yard. Depositors in the failed Bank of Syracuse received a 35 percent dividend and the depositors of the Upland Banking Company received 25 percent. The supreme court listened to arguments for Clarence G. Bliss on his motion to dismiss the appeal of the state banking department from the award by district judges of fees for representing Bliss in the proceedings wherein he was displaced as state bank receiver. The attorneys contend that since the bank receiver was appointed by the district judge that the governor has no right to dismiss him and that they should be reimbursed for the fees in the case. Dentists of the state have been in session in Lincoln this week. In order to assure publication of the congressional record, congress has appropiated a half million dollars for the purpose. When it was found that funds were almost exhausted for this purpose an emergency bill was passed. Not satisfied with the ruling of the Nebraska railway commission, the Omaha taxicab company that has been proposing a cheap rate line in the city has announced that it will appeal to the supreme court. Their system was objected to as unfair competition by other taxicab companies and by the street railway company. Chief Justice Charles A. Goss will speak at Wahoo the evening of June before the open meeting of the Men's Brotherhood. Potato acreage shows a marked reduction this year with a prospect of increased prices. Since Nebraska is considered one of the potato states it looks rather good to the growers of the state. Nebraska growers have increased their acerage by about 25 per cent, which in view of the decrease in other states makes a more promising outlook here than in other states. A group of Lincoln business men and university leaders are working together on a plan to be presented to the Reconstruction Finance Corporation through which the farmers of the state may secure aid. To date the farmers of Nebraska have received no direct benefit from the R. F. C. George H. Turner of Fairbury has been named clerk of the Supreme Court, succeeding the late Judge Letton. Mr. Turner has been the deputy clerk since 1927. Prior to that he was secretary to Chief Justice Morrissey. E. M. White of Burwell was chosen to succeed Turner as deputy clerk. Turner was backed by a large number of Lincoln and Omaha attorneys as well as attorneys over the state. "Special investigators have been sent to Trenton to check reports of quantities of bootleg gasoline. Gasoline tax collections are made under the direction of the state treasurer and the governors men have no authority to make such collections. The treasurers office points out that the bootlegging cannot be serious since collections are in excess of last years receipts. The question has also been raised as to the right of the state to collect tax from farmers who import gasoline foi their own use. local trucks in northern Nebraska will be used to haul gravel for road projects in that section and local labor will be used wherever possible according to state engineer Roy Cochran. Contracts have not been let because in addition to the cost of the gravel consideration has to be given to the cost of transportation. State Treasurer Bass has been con- fined to his home this week but his condition is not considered serious. An Omaha geologist claims that Omaha is to be the seat of an immense oil industry because he claims to have positive assurance that there are rich oil deposits covering an area of 60,000 acres in the vicinity of the city. A large crew of workmen may be seen on the capitol grounds every day. The graders are continuing their work leveling the grounds and preparing for the sod which will be laid soon. Also in anticipation of the new sod the sprinkling system is being installed A driveway to the north entrance is being prepared which will curve up and under the steps making it possible to drive to the first floor entrance. Work will soon be started on laying of sidewalks and electric conduits for the lighting system. The game wardens deputies are investigating the cause of wholesale death among the fish at Lake Ericson in Wheeler county. There has been some legal controversy over this lake because residents of that section claims that a power company dam has raised the lake level and caused it to flood surrounding land. A natural gas line has been installed to the state reformatory for men and the gas will be used in heating the new license plate factory and for other factory processes. It will also be used for cooking at the institution. After seven weeks the plaintiffs, William B. Banning, Charles B. Steward and V. G. Hill have completed their testimony in their injunction suit to keep the secretary of state from placing the truck regulation and license bill on the ballot this fall. The defendants will now present their case. While the suit is directed against the secretary of state the Nebr. Motor Transport association intervened to assist in showing that the petitions were properly drawn and presented and that such minor errors as incorrect voting precinct designations should not disqualify entire petitions. It. case Judge Shepard holds against the plaintiffs they will have to pay the costs in the suit. If he holds for them it is probable that the state will have to pay the cost. The state treasurers offices reports an increase in gas tax collections this month. During the first 16 days of May the collections exceeded the entire month of May last year. This is a decided increase over previous months this year. Frank J. Munday of Red Cloud has been named a member of the state normal board succeeding Judge W. H. Thompson of Grand Island, who resigned. Mr. Mundy was elected a delegate to the national convention and is one of the leading lawyers of the state. The state purchasing agent has purchased six new Ford trucks, one Dodge, one G.M.C. and one Diamond truck for the use of various departments. Governor Bryan will not commit himself on the subject of a special session of the legislature to provide funds for fighting the grasshoppers. He still has hopes that aid may come from the federal goverment and feels also that the counties affected should extend every effort to give aid. It remains to be seen whether or not the exient of the plague this year will war-ant legislative action. A combined effort is being made to fight both grasshoppers and cutworms in the state. The college of agriculture is cooperating with county agents in distributing information to the farmers. Experts say that ten pounds of poisoned bran distributed now will accomplish more than 100 pounds used later in the season. Both central committees will meet in Lincoln the 21st to perfect organizations and make plans for the coming campaign. State tax Commissioner W. H. Smith is still being talked of by the democrats for state chairman. The Supreme Court has held that the state board of equalization and assessment improperly reduced the 1931 valuations of natural gas pipelines by 17 percent in the state and has ordered that the valuation be set aside and the companies assessed on the same basis as other property. Attorney General Sorenson brought action against other state officials in his official capacity and repesenting three counties involved. Other state officials, members of the board, are perplexed over the turn of opinions although the governor has had no comment to make in the matter. Permission has been granted the state banking department by Judge Charles H. Stewart, to borrow, $50,000 from the Reconstruction Finance Corporation for the purpose of liquia ating the failed state bank at Center, the money to be repaid when the assets of the bank are liquidated. This system will allow the commission more time for liquidation and it is felt that it will make large sacrifices unnecessary. The chief objection to the action was the fact that depositors have first lien on assets. There are twelve candidates for state legislature who have nothing to worry about in the fall election. Five districts failed to name a democratic candidate for the house ofrepresentatives and five failed to name a republican candidate while two senatorial districts failed to name republican nominees. It is now too late to fill the vacancies. The law provides that when a vacancy occurs through resignation after the nomination is made that the party committee may fill the vacancy until 30 days before election but when no nomination is made there is no provison for filling the place.


Article from The Ericson Journal, May 26, 1932

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Former governor, S. R. McKelvie advocates the taxing of municipally utilities as one means of cutt ing the property tax for the farmer. He estimates that $50,000,000 worth of utility property in the state is tax free. The Abel Construction company of Lincoln has been awarded the contract for graveling the highway between Blair and Herman at a cost of $2,045. The state board of equalization has decided to ask the supreme caurt to clarify its ruling on the subject of taxation of natural gas pipe lines. The Governor feels that the court arrived at its decision through a misunderstanding of the records. Figures from the department of census in Washington show that there are 117,657 owned homes and 88,985 rented non-farm homes. in Nebraska. There are in addition, 63,712 owned farm homes and 63, 850 rented farm homes in the state in addition to 4,819 farm homes and 3,976 non-farm homes which were not classified. These homes housed total of 342,999 private families. A study of values shows that the largest percentage of the owned noniarm homes are, valued between $3, 000 to $5,000 and the largest percentage of rented nonfarm homes bring rental of $15 to $30 a month, only percent bringing a rental of more $50.00. About one-sixth of the cases before Supreme Court involve state of Nebraska in some way or another, Many of these are acLions brought by the state At the present time there are among other suits, the disbarment proceedings against seven attorneys, suit of the state against gravel companies, alleging an illegal combine, and the banking law cases. The state accepted $50,000 worth of bonds from the Bridgeport irrigaton district which will relieve the water users in that distirct. Through disagreement the federal government obtained a judgement of $110, 000 to $125,000 on the property with mortgage, the held $75,000 in bonds second lien. The federal final by agreed to settle for $50,000 and now holds bonds amount to $125,000 first mortgage. of the state com before examimission to explain why the state commission granted rallroads the right to decrease on sand and gravel in the state same time the roads were asking sand receiving 15 blanket increase on all Because the gravel available in the state and the conditions ex isting here the railroads asked for and the commission granted The be heard further May 24th in Washington. The Abel Construction company has been awarded the contract for graveling the state highway between Shelton and Buda. Their bid was cents cubic yard under the nearest took the bid at 64 cents cubic yard. Depositors in the failed Bank of Syracuse received 35 per cent dividend and the depositors of the Up land Banking Company received za percent. The supreme court listened to arguments for Clarence G. Bliss on his motion to dismiss the appeal of the state banking department from the and by district judge of fees for Bliss in the proceedings wherein he was displeased as state beink receiver. The attorneys consince the bank receiver appointed by the district judge governor has no right to that they should be for the lees in the case. Dentists the state have been in session in Lincion this week. assure publication of the record. congress appropriated a half million dollars for the purpose. When it was found that funds were almost hausted for this purpose an emergenbill was passed. Not satisfied with the ruling of the Nebraska railway commission, the Oraaha taxicab company that has been proposing cheap rate line in the city has announced that it will appeal to supreme court. Their is settled. system was objected to as unfair competition by other taxicab compenies and by the street railway company. Chief Justice, Charles A. Goss will the of June before the open meeting of the Potatoe acreage shows marked reduction this year with prospect of increased prices Since Nebraska is considered one of the potatce states it looks rather good to the growers of the state, Nebraska growers have increased their acreage by about 25 percent, which in view of the decrease in makes more promising outlook here than in other states. A group of Lincoln and university leaders are working together on a plan to be presented to the Reconstruction Finance Cor poration through which the farmers of the state may secure aid. To date the farmers of Nebraska have eelved no direct benefit from the F. Permission has been granted the state banking department by District Judge Charles H. Stewart, to bor row $50,000 from the Reconstruction Finance Corporation for the purpose of liquidating the failed state bank at Center, the money to be repaid when the assets of the bank are liquidated. This system will allow the commission more time for liqui dation and it is felt that it will make large sacrifices unnecessary. The chief objection to the action was the fact that depositors have first lien on assets. There are twelve candidates for state legislature who have nothing to worry about in the fall election Five districts failed to name democratic candidate for the house of representatives and five failed to name republican candidate while two senatorial districts falled to name republican nominees. It is now too late to fill the vacancies. The law provides that when vacancy occurs through resignation after the nomina tion is made that the party committee may fill the vacancy until before election but when no nomina tion is made there provision for filling the place. Governor and Mrs. Bryan plan to spend next week touring the northwestern part of the state, He announced that the trip will be "non political" since It is a trip they have always wanted to make. That sec tion of the state is considered the scenic section and Mrs. Bryan has never had the pleasure of visitiing It. They will make stops in'Norfolk, O'Neill, Valentine, Chadron, Harrison and Alliance, returning through Brokor Bridgeport. Only one public address is planned which will be at Long Pine. Gus Miller, superintendent of the state reformatory for men already laying plans for the operation of the new license plate factory. Two men in order to prevent delays from illness and to provide for the possibility working night shifts. order to complete the 1933 allotment. It is probable the factory. will not be ready for operation before August which will give Tittle time for the completion of next year's plates, Only fifty Grand Army veterans gáthered for the state encampment this year and of this number only four undertook to march in the parade Reports that 50,000 Nebraskans are out of work are disputed by Lulah Andrews, state director of the United States employment service. She says the figure is more nearly, 12,000. It is estimeted that atileast 7,500 of these are in Omaha where the charitable institutions are contributing to 6,000 families. George H. Turner of Fairbury has been named clerk of the Supreme Court, succeeding the late Judge Letton. Mr. Turner has been the deputy clerk since 1927. Prior to that he was secretary to Chief Justice Morrissey. E. M. White of Burwell was chosen to succeed Turner as deputy clerk. Turner was backed by large number of Lincoln and Omaha torneys as well as attorneys over the state. Special investigators have been sent to Trenton to check reports of quantities of bootleg gasoline. Gasoline tax collection are made under the direction of the state treasurer and the governors men have no authority to make such collectons The treasurers office points out that the bootlegging not be serious since collections are in excess of last years receipts. The question has also been raised as to the right of State to collect tax from farmers who import gasoline-for their own use. A test case may be necessary before Local truckers in northern Nebraska will be used to haul gravel for road projects in that section and local labor will be used wherever possIble according to state engineer Roy Cochran. Contracts have not been let because in addition to the cost of consideration has to be given to the cost of transportation.


Article from The Friend Sentinel, May 26, 1932

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case heard further May The Abel Construction company has been awarded the for graveling the state highway Shelton and Buda. Their bid was per cubic yard under the bidder. They took the bid 64c bic yard. Depositors in the failed Bank of Syracuse received 35 percent dividend and the depositors of the Upland Banking Company received percent. The supreme court listened guments for Clarence G. Bliss on his motion to dismiss the appeal of the state from the award by district judges of fees for Bliss in the proceedings wherein he was displaced as state bank receiver. The attorneys contend that the bank receiver was appointed by the district judge that the governor has no right dismiss him and that they should be reimbursed for the fees in the case. Dentists of the state have been session in Lincoln this week. In order to assure publication of the congressional record, congress has appropriated half millian dollars for the purpose. When was found that funds were almost exhausted for this purpose an gency bill was passed. Not satisfied with the ruling the Nebraska railway commission the Omaha taxicab company has been proposing cheap line the city has announced that will appeal to the supreme court. Their system objected unfair by other taxicab companies and by the street railway company. Chief Justice Charles A. Goss will speak at Wahoo the evening of June before the open meeting of the Men's Brotherhood. Potato acreage shows marked duction this year with prospect of increased prices. Since Nebraska considered one of the potato states looks rather good to the growers of the state. have increased their acreage by about percent, which in view of the crease in other states makes more promising outlook here than in other A group of Lincoln business men university leaders are working together plan to be presented the Reconstruction Finance Corporation through which the farmers of the state may secure aid. date the farmers Nebraska have received no direct benefit from the Permission has been granted the state banking by District Judge Charles H. Stewart, borrow $50,000 from the Reconstruction Finance Corporation for the pose liquidating the failed state bank at Center, money to be repaid when the assets of the bank are liquidated. This system will low the commission more time for liquidation and felt that will make large sacrifices unnecessary. The chief to the action was the fact that depositors have first lien on assets. There are twelve candidates for state legislature who have nothing to worry about in the fall election. districts failed to name democratic candidate for the house of presentatives and five failed to name candidate while two senatorial districts failed to name republican nominees. now too late to fill the vacancies. The law provides that when vacancy through resignation after the nomination made that the party committee may fill the vacancy until 30 days before election but when no nomination made there is no provision for filling the place.


Article from The Humphrey Democrat, May 27, 1932

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Lincoln News Notes By NAOMI BUCK WOOD rors as incorrect voting precinct Governor and Mrs. Bryan plan designations should not disqualify to spend next week touring the entire petitions. In case Judge northwestern part of the state. He Shepard holds against the plainhas announced that the trip will tiffs they will have to pay the be "non-political" since it is a trip costs in the suit. If he holds for they have always wanted to make. them it is probable that the state That section of the state is conwill have to pay the cost. sidered the scenic section and Mrs. Bryan has never had the pleasure The state treasurers offices reof visiting it. They will make stops ports an increase in gas tax colin Norfolk, O'Neill, Valentine, lections this month. During the Chadron, Crawford, Harrison and first 16 days of May the collections Alliance, returning through Brokexceeded the entire month of May en Bow or Bridgeport. Only one last year. This is a decided inpublic address is planned which crease over previous months this will be at Long Pine. Gus Miller, superintendent of the state reformatory for men is already laying plans for the operation of the new license plate factory. Two men will be trained for each job in order to prevent delays from illness and to provide for the possibility of working night shifts in order to complete the 1933 allottment. It is probable that the factory will not be ready for operation before August which will give little time for the completion of next year's plates. Only fifty Grand Army veterans gathered for the state encampment this year and of this number only four undertook to march in the parade. Reports that 50,000 Nebraskans are out of work are disputed by Lulah T. Andrews, state director of the United States employment service. She says the figure more nearly 12,000. It is estimated that at least 7,500 of these are in Omaha where the charitable institutions are contributing to 6,000 families. George H. Turner of Fairbury, has been named clerk of the SuHave prome Court, succeeding the late Judge Letton. Mr. Turner has been the deputy clerk since 1927. Prior Your to that he was secretary to Chief Justice Morrissey. E. M. White of Burwell, was chosen to succeed Mr CAR Turner as deputy clerk. Turner was backed by large number of Lincoln and Omaha attorneys as well as attorneys over the state. Greased Special investigators have been Complete sent to Trenton to check reports of quantities of bootleg gasoline Job Gasoline tax collections are made under the direction of the state treasurer and the governors men have no authority to make such 65c collections. The treasurer's office points out that the bootlegging cannot be serious since collections are in excess of last year's receipts The question has also been raised as to the right of the state to collect tax from farmers who import gasoline for their own use A test case may be necessary before it is settled. Local truckers in northern NebEACH raska will be used to haul gravel in Pairs for road projects in that section and local labor will be used whereever possible according to state $3.95 engineer Roy Cochran. Contracts EACH have not been let because in addition to the cost of the gravel consideration has to be given to the cost of transportation. State Treasurer Bass has been confined to his home this week but his condition is not considered serious. An Omaha geologist claims that Omaha is to be the seat of an immense oil industry because he claims to have positive assurance that there are rich oil deposits covering an area of 60,000 acres in the vicinity of the city. A large crew of workmen may Expert Mounting be seen on the capitol grounds every day. The graders are continuing their work leveling the grounds and preparing for the sod which will be laid soon. Also in anticipation of the new $465 in Pairs ling system is being installed. A driveway to the north entrance is being prepared which will curve up and under the steps making it Tube $1.03-29x4 possible to drive to the first floor $4.79 entrance. Work will soon be startEACH ed on laying of sidewalks and electric conduits for the lighting system. The game wardens deputies are investigating the cause of wholesale death among the fish at Lake Ericson in Wheeler county. There has been some legal controversy over this lake because residents of that section claim that a power company dam has raised the level of the lake and caused it to flood surrounding land. A natural gas line has been installed to the state reformatory for men and the gas will be used in heating the new license plate factory and for other factory processes. It will also be used for cooking at the institution. After seven weeks the plaintiffs, William B. Banning, Charles B. Steward and V. G. Hill have completed their testimony in their injunction suit to keep the secretary of state from placing the truck regulation and license bill on the HUMPHREY, NEBR. ballot this fall. The defendants will now present their case. While the suit is directed against the secretary of state the Nebraska Motor Transport association intervened to assist in showing that the petitions were properly drawn and presented and that such minor er- year. Frank J. Munday of Red Cloud, has been named a member of the state normal board succeeding Judge W. H. Thompson of Grand Island, who resigned. Mr. Munday was elected a delegated to the national democratic convention and is one of the leading lawyers of the state, The state purchasing agent has purchased six new Fords trucks, one Dodge, one G. M C. and one Diamond truck for the use of various departments. Governor Bryan will not commit himself on the subject of a special session of the legislature to provide funds for fighting the grasshoppers. He still has hopes that aid may come from the federal government and feels also that the counties affected should extend every effort give aid. It remains to be seen whether or not the extent of the plague this year will warrant legislative action. A combined effort is being made to fight both grasshoppers and cutworms in the state. The college of agriculture is cooperating with county agents in distributing information to the farmers. Experts say that ten pounds of poisoned bran distributed now will accomplish more than 100 pounds used later in the season. Both central committees will meet in Lincoln the 21st to perfect organizations and make plans for the coming campaign State Tax Commissioner W. H. Smith is still being talked of by the democrats for state chairman. The Supreme Court has held that the state board of equalization and assessment improperly reduced the 1931 valuations of natural gas pipelines by 17 percent in the state and has ordered that the valuation be set aside and the companies assessed on the same basis as other property. Attorney General Sorensen brought action against other state officials in his official capacity and representing three counties involved. Other state officials, members of the board, are perplexed over the turn of opinions although the governor has had no comment to make in the matter. Charles W. Taylor, state superintendent will give commencement addresses at the following points Gordon, Ohiowa and Craig He will also speak at West Point on Memorial day. Roy Harrop of Council Bluffs, Iowa, has filed initiative peti- tions with Secretary of State Marsh which propose a state bank with branches in every county and a legislative appropriation of $1,000,000 back of the scheme. The secretary of state returned the petitions to Mr. Harrop because they lacked the necessary number of signers for legality. Mr. Harrop has other proposals that he would like to submit to the voters if he can get enough backing to get his petitions signed. Former governor, S. R. McKel- 25 vie, advocates the taxing of municipally owned utilities as one means of cutting the property tax for the farmer. He estimates that $50,000,000 worth of utility property in the state is tax free The Abel Construction company of Lincoln has been awarded the contract for graveling the highway between Blair and Herman at a cost of $2,045. The state board of equalization has decided to ask the supreme court to clarify its ruling on the subject of taxation of natural gas pipe lines. The Governor feels that the court arrived at its decision through a misunderstanding of the records. Figures from the department of census in Washington show that there are 117,657 owned non-farm homes and 88,985 rented non-farm homes in Nebraska. There are in addition 63,712 owned farm homes and 63,850 rented farm homes in the state in addition to 4,819 farm homes and 3,976 non-farm homes which were not classified. These homes housed a total of 342,999 private families. A study of values shows that the largest percentage of the owned non-farm homes are valued between $3,000 to $5,000 and the largest percentage of rented nonfarm homes bring a rental of $15 to $30 month, only percent bringing a rental of more than $50.00. About one-sixth of the case before the Nebraska Supreme Court involve the state of Nebraska in some way or another. Many of these are actions brought by the state. At the present time there are among other suits, the disbarment proceedin against seven attorneys. suit of the state against gravel companies, alleging an illegal combine, and the banking law cases. The state of Nebraska has accepted $50,000 worth of bonds from Bridgeport irrigation district which will relieve the water users of that district. Through a disagreement the federal government obtained a judgment of $110,000 to $125,000 or the property with a first mortgage, the state already held $75,000 in bonds with second lien The federal government finally agreed to settle for $50,000 and the state now holds bonds amounting to $125,000 with a first mortgage. Members of the state railway commission appeared before an examiner for the interstate commerce commission to explain why the state commission granted railblanket increase on all freight sets. rates. Because of the quantity of sand and gravel available in the granted it. The case will be heard further May 24 in Washington. The Abel Construction company has been awarded the contract for graveling the state highway between Shelton and Buda. Their bid was 8 cents per cubic yard under the nearest bidder. They took the bid at 64 cents a cubic yard. Depositors in the failed Bank of Syracuse received a 35 percent dividend and the depositors of the Upland Banking Company received percent. The supreme court listened to arguments for Clarence G. Bliss on his motion to dismiss the appeal of the state banking department from the ward by district judges of fees for representing Bliss in the proceedings wherein he was displaced as state bank receiver. The attorneys contend that since the bank receiver was appointed by the district judge that the governor has no right to dismiss him and that they should be reimbursed for the fees in the case. Dentists of the state have been in session in Lincoln this week. In order to assure publication of the congressional record, congress has appropriated a half million dollars for the purpose. When it was found that funds were almost exhausted for this purpose an emergency bill was passed. Not satisfied with the ruling of the Nebraska railway commission, the Omaha taxicab company that has been proposing a cheap rate line in the city has announced that it will appeal to the supreme court. Their system was objected to as unfair competition by other taxicab companies and by the street railway company Chief Justice Charles A. Goss will speak at Wahoo the evening of June 3 before the open meeting of the Mens Brotherhood Potato acreage shows a marked reduction this year with a prospect of increased prices. Since Nebraska is considered one of the potato states it looks rather good to the growers of the state. Nebraska growers have increased their acreage by about 25 percent, which in view of the decrease in other states makes more promising outlook here than in other states. A group of Lincoln business men and university leaders are working together on plan to be presented to the Reconstruction Finance Corporation through which the farmers of the state may secure aid. date the farmers of Nebraska have received no direct benefit from the R. F. C. Permission has been granted the state banking department by District Judge Charles H. Stewart. to borrow $50,000 from the Reconstruction Finance Corporation for the purpose of liquidating the failed state bank at Center. the mon6y to be repaid when the assets of the bank are liquidated. This EVStem will allow the commission more time for liquidation and it is roads the right to decrease rates felt that it will make large sacrion sand and gravel in the state at fices unnecessary. The chief objecthe same time the roads were ask- tion to the action was the fact that ing and receiving a 15 percent depositors have a first lien on as- There are twelve candidates for


Article from The Homer Star, June 2, 1932

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braska Capital In an effort to cut state salaries thus reduce the state, Senator Perry Reed veteran republican leader the circulating petitions for which approved by the in November, effect drastic euts state official salaries. Mr. Reed that reductions the salaries elective officials will result cutting salaries through all partments effecting general posed by follows: from $7500 state from from $5000 $3000; board of judges from $7500 $5000; judges from $5000 to $3500 and $800 $700 While would already office they for those going office January. The must be the hands the secrestate by July Reports the state house large numbers farmers the western the rebel against the payment of the gasoline for farmReports indicate the large being "bootthe The the inity called for special One group farmers asked buy the handle This granted inspection will be been made the state cooperate the the fighting of the against There remains about the fund provided by for purpose insect eradication. The state match county funds, contributing car poison for car chased by the mixture cost felt that efforts northeastern Nebraska fight off the pest be Dakota some effort destroy them and Mrs. Bryan are tripe Nebraska this They only one stop Motor vehicles about fourth their state each year. With the property and license fees, gasoline they produced total last year while the assessed valuThe injunction which preventthe secretary of state, Frank Marsh, from placing truck referendum bill on the ballot November its eighth District Court. Attorneys for the Motor Transport Association are their testimony H. Dickinson the Northrailroad, Beulcher Grand Island and Gene Huse have asked the exhibit world's Chicago next year receive tons the farm board wheat used for feeding poses, before May After that date wheat be distribin the western part the Suit has been filed against the State Engineer allegiation contracts paid for highway work on two roads not designated state highThe involved the demands, returned to the The suit filed Driscoll, payer behalf other taypayers the state. The two projects are NorthDetour Dodge and project in Red Willow county. Impressed with the need of calling special the legislawhether the governor thinks advisable or not, Attorney GenSorensen, mendment call the state constitution which would permit members the legislature themselves session the approval of members. be except the call of the governor and then only upon designated The executive of the do not have official of either of taking action and feels that the legislative have power. matter his tention because disagreement between the the and the necessity of calling special session action on the grasshopper relief. In order to make change petitions would have be circulated, signed 32,000 voters and returned secreThe would the ballot the and the would decide the can suggestthe the legislature, bill and then the people for ratification Nearly 100 men and women attended dairy and dairy products judging week, the college The Sheriff's isswarnings against fakers the state One pair fake loan racket, advertise loans then charge $10 $20 for an praisal after which they disappear Housewives are also warned on the lookout for men representing vacum cleaner company collects sweepers for the repairs and fails return. Four failed state bank depositers Thorpe, of the control. Part the payments this Overton State Bank already bring total danger from falling stones. to 18.2% First State balance removed Nacora 5% bringing State Bids the work of Laurel, South called maha State 30% be called for reroofBank allowed the made by the The has taken legislature. the fight against this Governor Bryan has telegraphed rains colder have Nebraska that the toll of the emergency relief appropriation through Nebraka in order Nebrasthe reports from that section The state Nebraska prohibited, by its conMcMullen, former goversituation, form insuring indebtednor of Nebraska, seeking the of postmaster at Beatrice, his While the from that district democrat thought that Howell, publican, will have deal the The State Nebraska has been money at the rate during the past ten months. This inabout the the last state that the penses crease located the highway and bridge The gross payroll an Court has held that Supreme truck drivers reasonable crossing street oththan regular crossing more care case childordinary This opinion included when they upheld the $3,000 judgement against the packing the death of boy in Omaha 1930. The state for due road The state has filed for The claims that on the amount the City made. Shelton, the state historical has turned from trip through the western part the visited historical interest. Citizens the vicinity of Obert and Wynot must use the railroad more keep the advice Chairman Randall the state railway commission. railroad losing about month and not consider allowing railroad continue that secship truck general high contracts be held late according plans governor and the has because the the amount available the purpose The officials the belief that money available highway work over the state sorrow over the death Joseph Polcar, Omaha man years the time death promotion manWorld formerly editor of the Omaha Daily An Iowa firm has been awarded boiler for the heating system the boiler is to cost The tall flag pole on the capitol grounds, the Lincoln cut down. poles legislative west the building pole will appear grounds. old during the World Keith Neville governor. Work started the placing of permanwalks, temporary walks having installed keep employees and visitors out of the The state purchasing agent has signed for pneumatic tires for the use departments. He has also An firm low bidder while secured the second Farmers returning to horse power for farms to from Omaha and South Omaha farm sellhigh few ago $90 One sale 375 sets since power machinery Farmers report that they cannot afford the power horses are avail- An audit of the state normal that rates students have been pay costs these institutions. original to make the dormitories supporting but such has not been the the normal where students are charged week for board and from week for room. dormitory at the will charge $26 month for $60 for the felt, will pay all the operIn the costs the the cost of food produced by the Thomas Sewarr, has been chairman of their state comJudge was the committee spite of the Governor and other candidates favored Clark of Lincoln. Clark then chosen vice chairman. The chairvice chairman will select secretary and treasurer No finite has been made as to headquarters but sumed that the Lincoln Hotel Lincoln previous Hitchcock has been years. chosen the Nebraska deelgates represent them on the which national will to the convention prior Chicago The republican parties intensive will not until campaign tember the State Lyle of Neligh, has been chosen the Choice secretary delayed when made the secretary serve Walter Roberts Lincoln was asked take the but of his post has not yet been made Other leaders the campaign named shortly before September acceptappointment. Simple stone design will replace turrets walls of the penitentiary Bids in excess of Speaker Garner promised that consideration will given to case Nebraska the purpose the is to supply road work without discrimination as relief measure. Governor and Mrs. Bryan spend western of the state. has the trip will since trip which make. section the state considered the scenic section and never the pleaThey stops Norfolk, O'Neill, Valentin,e Chadron, Crawford, Harrison Alliance, returning through Broken Bow or Bridgeport. public address planned which Long Gus Miller, superintendent of the reformatory for men ready laying plans for the operathe plate men will be trained order to prevent from to provide for of order that the factory will be for tion before August which give time completion of next plates. Only fifty Grand Army veterans gathered for the state encampment this year and this number four undertook to march in the parade. Reports that Nebraskans of work are disputed Lulah Andrews, state the United States serShe the figure more nearly estimated least these are Omaha where charitable institutions contributing to 6,000 families. George H. Turner of Fairbury has been named clerk of the preme Court, succeeding the late Judge Letton. Truner has the deputy clerk since 1927 Prior Chief Justice Morrissey. E. White Burwell succeed Turner deputy clerk. Turner backed by large number as attorneys the state. Special investigations have reports bootleg gasoline are made un der the the state treand the men make collections. office points that the bootlegging are in cess of last year's receipts has raised the the state collect tax farmers who import gasoline for their test before settled. Local truckers northern Nebraska used haul gravel for road projects that section and local labor be used wherpossible according gineer Contracts not been let because addithe cost of the gravel conto be given to transportation State Treasurer has been confined his home this week but his condition is not considered An Omaha geologist claims that Omaha of immense oil industry because claims have positive assurance there are deposits ering 60,000 acres the vicinity the city. large crew of workmen may capitol grounds The graders are continuing their the preparing for the which will anticipation the sod the system being north entrance is being preparwhich will curve up and under the steps drive to the first floor Work on for the lighting system. The game wardens are investigating cause of wholedeath among the fish Lake Ericson Wheeler county. There has some legal controversy this lake because residents that section claim that power dam raised the lake level caused flood rounding land. gas line has been installed to state reformatory for and the heating the plate tory for procesalso for cooking the the plaintiffs, William Steward Hill have pleted their their keep state from placing the truck and bill on the this defendants present their case. the directed against the tary of state the Nebraska Motor Transport assist showing that the petitions were properly drawn and presented such minor errors as correct voting precinct designations not disqualify entire petitions. case Judge Shepard the plaintiffs costs the he holds for probable state will state office an gas this During the first May the month of May last year This decided months this Frank Munday of Red Cloud been named member the normal board Judge Grand Island, who resigned. Mr. Munday elected delegate to the national one of the leading lawyers of the state purchasing agent has purchased trucks, Dodge, one for the use will not commit himself on the subject special the legislature provide funds fighting the He hopes that aid may from the federand feels also that the counties extend effort aid remains to seen whether the of the plague this year will effort being made to fight grasshoppers cutworms state. college agriculture cooperating with county agents distributing formation to the farmers. Experts that ten pounds of poisoned distributed accomplish more 100 pounds later the season. Both central committees will meet in Lincoln the 21th to perfect organizations and make plans coming State Smith still talked of by the democrats The Court has held that the state board of equaliza1931 gas by percent and that the be and the on the other property Generbrought against other state officials his official capacity representing three involved. Other ficials, the board, perplexed the turn opinions the has had although comment make the matter Roy Harrop Council Iowa, initiative petitions with Secretary Marsh which state bank with proposes branches county and every back the scheme. The secretary state the tions Harrop because they lacked signers for legality that he would like submit get enough backing to get his Former R. McKelthe taxing of municipally owned utilities means cutting the property tax for the farmer. that of utility properin the state tax free. The company Lincoln been awarded contract for graveling the highway Blair and Herman at $2,045. The state board of equalization has ask the supreme to clarify ruling on the pipe lines. The feels that the court its through of the Figures from the department there owned homes rented nonfarm homes There are owned 850 rented homes the state addition farm homes and 3,976 nonfarm homes which were classified. These homes housed total private families. study of values shows that the largest percentage owned homes are $3,000 the largest of rented bring rental to $30 bring of more than $50.00 one-sixth the cases beNebraska Court involve some way Many these brought by the state. the present there among other suits, the disbarment against attorsuit state against gracompanies, alleging an illegal combine, and the banking law cases. The state of Nebraska has cepted Bridgeport district which relieve water that district Through disthe federal judgment of $125,000 on property with first mortgage, the state already held bonds with second PERFECTION LICE The federal government POWDER agreed to settle and the state now holds bonds amounting Different from all others- $125,000 with first Members of the appeared aminer for why the commission explain granted the right to the and the gravel time the asking blanket freight rates. Because the quantity gravel available conditions existing here asked for decrease the granted will heard further May The Construction company been awarded the contract for graveling the state highway tween Shelton Buda. Their bid cents cubic yard under nearest bidder They took the at 64 cuble yard. Depositors in Bank of Syracuse 35 percent vidend the depositors Upland Banking Company received The court listened arguments for Clarence Bliss motion dismiss the appeal of state award by judges of Bliss in the wherein he displaced state bank The aftorneys that the bann appointed by the district judge the governor has right dismiss and that should be reimbursed for the Dentists state have been session Lincoln order to assure publication of congressional record, dolthe purpose. When was found that exhausted this an emersatisfied the ruling of Nebraska Omaha taxicab that been proposing cheap rate has that appeal the supreme Their system objected unfair competition by other taxiby the street railway Chief Justice Charles Goss speak evening the meeting the Men's Brotherhood Potato acreage shows marked reduction this year with prospect increased Since considered potato states looks rather good the growers the state. Nebraska growers have increased their acreabout 25 percent, which the other states makes more promising outlook than other states. group Lincoln business men university leaders are working together plan presented the Corthrough the of state secure To the farmers no direct benefit from the


Article from Lincoln Journal Star, September 2, 1932

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MERE MENTION Woltemade Lunch reopen for business Sept. The Journal can sent while away. Phone B3333 Newspaper advertising reaches everyone. Everyone reads newspaper People are looking for winter homes. Put Want Ad Saturday, Sunday and Labor day the three biggest rental days the year. Phone your ad to B3333 Friday fresh red salmon steaks, waste, 19c Old fashioned salt rising bread, 12c loaf. Special ginger bread day, tasty, 13c Delicious doughnuts, 18c doz. Freadrich picnic, for all residents who formerly lived in Iowa will be held Friday at Antelope park. The basket dinwill served Iowans in Lincoln for the state fair are be special guests. bulldog looking about for to break record Thursday upon the yard of Mrs. Rose Nealy, 1619 Presently Mrs. Nealy became of fowls, each valued at Members of Richard Harris post No. 131, will meet Walsh hall Friday for the purpose plans for patriotic day at the fair. Judge Palmer, Omaha, will the club Friday noon at the Lincoln hotel. Petition for probate of the will Anna M. Bennesen was filed in county Her death curred Aug. 24. She tate valued around $8,000. Her will gives her sister, Marie Johnson Lincoln. asked that Marie Johnson be made executrix. Governor Bryan will to Lindsay Thursday to speak night am not "merely speaking to about the peowhich they are interested, and accepting many invitations without interfering with state business. campaigning. Application for lump sum settlement George Thiem and the Abel Construction comfiled in district court. Thiem injured while employed by the construction company Aug 11, 1931 receiving injuries to his face, head, right leg, ankle, hip and thigh. The court asked approve compensation settlefor $468. Week end trips increase the hazards travel, but Travel Accident Policy completely insure against loss limb time up $5,000. Covers from Saturday Sunday midnight for only 25c. only moment to the leading hotels, garages, service and drug stores Lincoln. Woodmen Accident Depositors failed state banks Nebraska from liquidation of assets in the month August, according to summary issued by the trade commerce. The largpayment was percent, paid of the Mason City Banking company the payment them. the Bank of Syracuse received $9,944 which makes 50 percent of their claims. Cadillac and General Motors companies federal court Thursday to enjoin Harry Williams from using the name Cadillae in advertising his automobile station. The petition says Williams agreed not use the name after his contract terminated last March, but was has violated the agreement. This works injury, alleged, to the Lincoln Buick company, which conducts the authorized Cadillac service station, next door which Williams conducts his business. motion for new trial was tendered Thursday at the office of the clerk of the supreme court by Radke, representative chief counsel the department trade and commerce, fiftyconsolidated cases which four recently held the supreme that attorneys Former State Bank Receiver Bliss was entitled to for their labors closing up the receiver's work. The motion was not filed by the clerk of the for reasons that under the rules the court motions for must be within rehearing forty days after decision rendered the court. The time pired Wednesday and mandate has been issued.


Article from The Syracuse Journal-Democrat, September 2, 1932

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Bank Pays Dividend Bank of Syracuse Offers To Depositors Depositors in the suspended bank of Syracuse were greatly pleased Saturday when they received percent dividend from the state banking department which makes total of sixty per paid out by that bank. The receiver of the Mr. John Eiser, working steadily toward final liquidation of the assets of the bank he receiving the cooperation of the debtors of the bank in fine shape and ultimately the affairs of the bank will be successfully concluded and thought all will receive their full share the deposits in the bank at the time its suspension.