13669. Thurston State Bank (Thurston, NE)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 1, 1931*
Location
Thurston, Nebraska (42.177, -96.701)

Metadata

Model
gpt-5-mini
Short Digest
297f2e8d

Response Measures

None

Description

Articles (July 1931) refer to a receiver and list Thurston State Bank among banks with receiver-related attorney payments; a receiver (Parker) is named in a separate article disputing payment to bondsmen. No run is described. This indicates the bank suspended and went into receivership (closure).

Events (2)

1. July 1, 1931* Suspension
Cause
Government Action
Cause Details
Bank placed in receivership (state banking receiver involved); appears to have suspended operations and entered formal receivership.
Newspaper Excerpt
Thurston State bank, Thurston;
Source
newspapers
2. July 31, 1931 Receivership
Newspaper Excerpt
Receiver Parker of the Thurston State bank ... asking rehearing ... relating to his paying Heinrich Johnson Krusemark $6,750 as preferred claim. The two were bondsmen for Indian money deposited in the bank.
Source
newspapers

Newspaper Articles (2)

Article from Osmond Republican, July 15, 1931

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Article Text

BRYAN LISTS ATTORNEYS The controversy now at its height between Governor Bryan and Bank Receiver Clarence Bliss in which the governor is accused of such interference in the labors of the receiver that the latter attempted removal of his office from the co-operation of the state banking department has prompted Governor Bryan to publish the names of the attorneys who have been employed by the receivers and the amounts paid to them in the past. The Governor recently suggested list of attorneys who should be given preference in receivership cases and as these men were of the gov. ernor's political faith, decided ob jections were voiced by the receiver. Employed heretofore in bank cases according to the list given publicity by Bryan are: B. Hurley, Ponca, $735; Allen State bank, Allen; Citizens State bank, Martinsburg State bank, Martinsburg; Security State bank, Ponca. George B. Hastings, Grant, Allen State bank, Allen, and two others. Kelsey and Kelsey, Norfolk, $5,494; Battle Creek Valley bank, Battle Creek; Pierce State bank, Pierce: Enola State bank, Enola: Magnet State bank, Magnet; Meadow Grove State bank. Fred S. Berry, Wayne, $14,605: Beemer State bank, Beemer; Farmers State bank. Bradish: Farmers State bank, Altoona; Farmers State bank. Crofton; Magnet State bank, Magnet; Dixon State bank, Dixon; State Bank of Laurel, Laurel; Orchard State bank, Orchard: Thurston State bank, Thurston; Security State bank, Wakefield. H. Doyle, Fullerton, bank of Clarks, Clarks: Ottis and Murphy bank, Humphrey; Farmers State bank, St. Edward, and two ers. Shurtleff and Spillman, Norfolk, Breslau State bank, Breslau: James C. Guigley, Valentine, $1,220; Browneee State bank, Brownlee; Ranchers State bank, Cody: Valentine State bank, Valentine; Kilgore State bank, Kilgore; American bank Merriman. Crites and Crites, Chadron, $2,502; Chadron State bank, Chadron; Wayside State bank, Wayside; Farmers bank, Crawford (sale). W. A. Meserve, Creighton, $2,051; Security bank, Creighton; First State bank, Bazille Mills. Dolezal, Mapes and Johnson, Fremont, $4,456.61; Dodge State bank, Dodge; Farmers State bank, Ames; Dodge county bank, Scribner: Snyder State bank, Snyder; Farmers State bank, Genoa. Swarr. May and Royce, Omaha, $13,942.19; Scribner State bank, Scribner; Snyder State bank, Snyder; Brown county bank, Long Pine, and two others. Hammond, $226; Inman State bank, Inman. Sidney Frumm, Dakota City, $2,210; Bank of Dakota county, Jackson; First State bank, Nacora: State bank of Laurel, Laurel; Bank of South Sioux City, South Sioux City. NORFOLK MAN FOUND DEAD City authorities at Norfolk were called the home of Gus Bartholoto mew on Monday to ascertain if possible the cause of death of Hillard Bartholomew; 24 years old, whose body was found in the home garage by his father. From all indications the young man had committed suicide. Examination by the authorities proved that he had taken the car belonging to his father on Sunday evening without the knowledge of his parents and contrary to instructions from them. He had been out late in the evening and overturned the car. It was also learned that he had been drinking. The body of Bartholomew was found lying near the exhaust of the car; all doors to the garage were closed.


Article from The Sioux City Journal, July 31, 1931

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Article Text

BANK RECEIVER ASKS LACTIC TOOTH BRUSH HIGH COURT REHEARING 25c TUBE LISand Lincoln, Neb.-Special: The supreme asked rehearPASTE, 75c value, both ing Receiver Parker of the for 47c. Thurston State bank in that part of judgment relating to his paying Heinrich Johnson Krusemark $6,750 as preferred claim. Kodaks, Films The two were bondsmen for Indian money deposited in the bank. and Finishing