Blue Valley Bank - Wilber, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 1, 1901*
Location: Wilber, Nebraska (40.481, -96.961)

Metadata

Model: gpt-5-mini
Short Digest: 55d1ab52

Response Measures

None

Description

Article (Omaha Daily Bee, 1902-10-10) states Blue Valley Bank of Wilber went into voluntary liquidation a year ago. No run is reported; the bank entered voluntary liquidation (permanent closure). The date of liquidation is not given precisely — described as about one year prior to the article (~1901-10).

Events (1)

1. October 1, 1901* Suspension

Cause: Voluntary Liquidation
Cause Details: Bank entered voluntary liquidation approximately one year before the article (closure and liquidation of the institution).
Newspaper Excerpt: Henry Gund, president of the Blue Valley bank of Wilber, which went into voluntary liquidation a year ago, is suing Byron G. Lane and A. S. Sands to compel them to give him his share of the proceeds of the liquidated Institution, nearly $7,000.
Source: newspapers

Newspaper Articles (1)

1. October 10, 1902 Omaha Daily Bee Omaha, NE

Article from Omaha Daily Bee, October 10, 1902

Click image to open full size in new tab

Article Text

Charles Benson, one of the leaders in the molding of sentiment among the saloon keepers of Lincoln, said today: "So far as we are concerned, there has been absolutely no organized movement or action threatening the republican candidate for governor. There are some men in Lincoln who belong to the retail liquor dealers of the state, but there is no local organization and those who belong to the state association do so simply for the protection it affords them on their bonds. The state association was formed to fight suits brought under the liquor law, and for that purpose only. I used to belong to it, but have not been a member lately. Its membership is chiefly in the small towns. Over in Omaha, out of over 300 saloon keepers, less than twenty-five belong to the Retail Liquor Dealers' association. Most all of the saloon men of Lincoln are republicans and will support the republican candidate for governor this year. "If the saloons undertake to regulate the politics of the state," said ex-Speaker Paul F. Clark, "It would be a mighty easy thing for the state to regulate the saloons out of existence by means of the state dispensary system, or some other of that character." Dispute Over Proceeds. Saline county financiers are well represented in Judge Frost's court today. Henry Gund, president of the Blue Valley bank of Wilber, which went into voluntary liquidation a year ago, is suing Byron G. Lane and A. S. Sands to compel them to give him his share of the proceeds of the liquidated Institution, nearly $7,000. They refuse to do this, claiming that Gund really owes the bank $6,578, and ask for the appointment of a receiver to make all remaining collections and to compel Gund to make good, or else permit a credit to the amount stated on his third share of the money awaiting division. Gund was financial backer for W. L. Hayes & Bro. in the grain business for years. As such he became indebted to the bank in various sums, which notes were renewed from time to time and increased steadily until they aggregated $6,578. Gund says that the real amount due on these notes was but $1,500, and this sum was adjudicated by the Thayer county district court, where he paid it. To this Lane and Sands retort that this was a made-up suit, in which the bank had made no defense to the claim of usurious interest, and that It was all the result of a conspiracy between Gund, the president, and Judge Hastings, the attorney of the bank. They claim further that they bought stock in the- institution on the faith and credit of the note being worth its face value, receiving such assurance from Gund himself. Twelve Years In Prison. P. Coursey Richards, a man 62 years of age, who has a gallant record as a union scout in the war of the rebellion, will have to serve a twelve-year term in the state penitentiary for criminally assaulting his 12-year-old stepdaughter. The supreme court today handed down a decision affirming his conviction in the Lancaster dietrict court a few months ago. His attorneys contended that the evidence was insufficient to justify his conviction. Supreme Court Proceedings. Orders October 9 on submitted motions: Fitzgerald against Walker. Objections to jurisdiction sustained. Sheldon against Parker. Leave to supply record. Entenman against Brueveleit. Objection to jurisdiction sustained. Tunnicliffe against Fox. Motion to strike petition in error of Paxton C. Stodarrt denied. Motion to dismiss as to Paxton C. Stoddart denied. State against Force. Motion to vacate order sustaining objection to service of notice to quash overruled. Ewing against Hoffine. Motion to diamiss overruled. Motion to advance sustained. Sorenson against Sorenson. Leave to amend process. Objection to jurisdiction by special appearance overruled. Advanced. Stone against Snell. Motion to amend overruled. upersedeas Linton against Cathers. Motion to quash bill of exceptions overruled. Armstrong against Mayer. Motion to quash bill of exceptions overruled. Commercial State bank against Ketchum. Leave to withdraw record for amendment of bill of exceptions. State ex rel Kennedy against Broatch. Leave to mayor and council to intervene and file cross-information. Orders on motions for rehearing: Sturdevant against Farmers' and Merchants' bank. Rehearing allowed. Teske against Dittberner. Rehearing allowed. Ames against Miller Rehearing denied. McBride against Whitaker. Rehearing denied. Hall against Hopper. Rehearing denied. First National bank, Plattsmouth, against Peterson. Rehearing denied. Brun against Brun. Rehearing denied. Day against Honey. Rehearing denied. Ferguson against Herr. Rehearing allowed. Browne against Croft. Rehearing allowed. Harlan county against Whitney. Rehearing denied. Foster against McKinley-Lanning Loan and Trust company. Rehearing denied. State ex rel Young against Royse. Rehearing allowed. Dale against Council Bluffs Savings bank. Rehearing denied. Fremont Carriage Manufacturing company against Thomsen. Rehearing denied, Courier Printing and Publishing company against Leese. Rehearing denied Plainview against Mendelson. Rehearing denied. McIntyre against Malone. Rehearing denied. Blotcky against Miller. Rehearing denied. Storer & Ellis against Boggs. Rehearing denied. Priel against Adams. Rehearing denied. National Black River bank against Wall. Rehearing denied. Franklin County bank against Everett. denied. Rehearing Omaha Savings bank against Boonstra. Rehearing denied. Davis against Marley. Rehearing denied. Ellison against Ellison. Rehearing denied. Hillers against Yeiser. Rehearing denied. Larrabee against Given. Rehearing denied. Maynard against Sigman. Rehearing denied. Opinions filed: Chicago, Burlington & Quincy Railroad Company against Krayenbuhl. Reversed. C. Albert, Rickley against State. Reversed. Duffie, C. State ex rel Freeman against Scheve. Reversed and writ allowed and ordered to