Central National Bank (Kearney, NE)

Episode Information

Episode Type
Suspension โ†’ Closure
Start Date
December 23, 1926
Location
Kearney, Nebraska (40.699, -99.081)
Bank Type
national
Charter Number
6600

Metadata

Receivership Details

Depositor recovery rate
8.2%
Date receivership started
1927-09-30
Date receivership terminated
1932-07-01
OCC cause of failure
Losses
Share of assets assessed as good
0.8%
Share of assets assessed as doubtful
52.1%
Share of assets assessed as worthless
47.2%

Notes

Receivership is documented in local papers; used known receivership date from bank records as authoritative.

Events (5)

1. January 30, 1903 Chartered
Source
historical_nic
2. December 23, 1926 Other
Newspaper Excerpt
Two Kearney National Banks Merge Central National bank, of Kearney, has been merged with the City National bank, of this city, following negotiations which extended over several weeks.
Source
newspapers
3. March 30, 1927 Voluntary Liquidation
Source
historical_nic
4. September 30, 1927 Receivership
Newspaper Excerpt
as receiver of The Central National Bank of Kearney, Plaintiff.
Source
newspapers
5. September 30, 1927 Receivership
Source
historical_nic

Newspaper Articles (13)

Article from The Bennet Sun, December 23, 1926

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NEBRASKA NEWS OF CURRENT WEEK

ASK 8 BRIDGES BUILT OVER MISSOURI RIVER

Funds to Be Requested of Iowa and Nebraska Legislatures

Omaha.-L.egislatures of Nebraska and Iowa will be asked for funds to construct eight bridges over the Missouri river at the coming session, It was decided at a meeting of the Nebraska Bridge association, which was attended by Iowa bridge enthusiasts here. The bridges would be constructed at South Sioux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. Iowa bridge advocates will ask the legislature to give 5 per cent of the primary road fund each year toward the construction of the bridges If the plan works out one bridge & year could be built, it was stated.

Two Kearney National Banks Merge Kearney.-The Central National bank, of Kearney, has been merged with the City National bank, of this city, following negotiations which extended over several weeks. Though the merger, the City National bank becomes one of the strongest banking houses in the state, outside of Omaha and Lincoln, with deposits exceeding $2,500,000 and a capital and surplus of $165,000, and cash and bonds on hand exceeding $600,000.

Graduate Voted an Oxford Scholarship

Lincoln.-Hugh B. Cox. who graduated from the University of Nebraska last spring, is preparing to embark upon a three-year course in Oxford university following his winning the Rhoades scholarship for Nebraska from a list of a dozen candidates. The Rhodes award provides for three years residence at the English school with an annual gift of 400 pounds sterling. Cox graduated from Lincoln high school in 1922. He immediately enrolled in a course at the University of Nebraska, where he was associated with the Daily Nebraskan, student publication, as editor for two years. He graduated from the university with Phi Beta Kappa honors. He entered the Harvard law school this fall.


Article from The Beaver Crossing Times, December 23, 1926

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OF CURRENT

BRIDGES BUILT OVER

Be Requested of and Nebraska Legislatures of Nebraska and for funds construct eight bridges over the rive" the coming decided meeting the Nebraska association, attended by here. The bridges would be constructed South Sioux City, Decatur. Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. bridge he legislature cent primary road fund each year toward the construction of the bridges the plan works bridge year could be built, was stated.

Two Kearney National Banks Merge

Central National bank, of Kearney been merged with the National bank, of this following negotiations Though the merger, the National bank the strongest houses the state, outside of Omaha and Lincoln. deposits exceeding $2,500,000 and capital and surplus $165,000. cash and bonds hand exceeding

Graduate Voted Oxford uated from University of braska preparing course ford following his Rhoades for list dozen candidates. Rhodes three residence English annual 400 pounds sterling. graduated from Lincoln school He immediately rolled course the University Daily Nebraskan, ublication. editor He graduated Beta honors. entered


Article from The Cairo Record, December 23, 1926

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NEBRASKA OF CURRENT WEEK

BRIDGES BUILT MISSOURI RIVER to Be Requested of Iowa and Nebraska Legislatures of Nebraska Iowa will be asked for funds to construct eight bridges over the river at the coming session, was decided at meeting of the Nebraska Bridge association, which attended by Iowa bridge enthusihere. The bridges would be constructed South Sloux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. Iowa bridge advocates will ask the legislature to give per cent of the primary road fund each year toward the construction of the bridges. If the works out one bridge year could be built, it was stated.

Two Kearney National Banks Merge Central National bank, of Kearney, has been merged the City National bank, of this city, following negotiations which tended several weeks. Though the merger, the City National bank becomes one of the strongest banking houses in the state, outside of Omaha and Lincoln, with deposits exceeding $2,500,000 and capital and surplus of $165,000. and cash and bonds on hand exceeding $600,000.

Graduate Voted an Oxford Scholarship Cox. who graduated from the University of Nebraska to embark upon course in Oxford university following his winning the Rhoades scholarship for Nebraska from list dozen candidates. The Rhodes award provides for three years residence at the English school with an annual gift of 400 pounds sterling. Cox graduated from Lincoln high school in 1922. He immediately enrolled in course at the University of Nebraska, where he was associated with the Daily Nebraskan, student publication. RS editor for two years. He graduated from the university with Phi Beta Kappa honors. He entered the Harvard law school this fall.


Article from Hildreth Telescope, December 23, 1926

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CURRENT

BUILT OVER MISSOURI

Funds Be Requested and Nebraska Legislatures of Nebraska and lowa will be asked for funds construct eight bridges over the Missouri river at the coming session, decided at meeting of the Nebraska Bridge association, which attended by Iowa bridge enthusihere. The bridges would constructed South Sloux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. Iowa bridge advocates will ask the legislature to per cent of the primary road fund each year toward the construction of bridges. the plan works out one bridge year could be built, stated.

Two Kearney National Banks Merge Central National bank, of Kearney, has been merged the City National bank, of this negotiations which extended over several weeks. Though the merger, the City National bank one of the strongest banking houses the state, outside of Omaha and Lincoln, with deposits exceeding $2,500,000 and capital and surplus $165,000. and cash and bonds on exceeding

Graduate Voted Oxford Scholarship Cox. who graduated from the University Nobraska last preparing bark upon course in Oxford university following his winning the Rhoades scholarship for Nebraska dozen candidates. Rhodes for three years residence at the English school with Cox graduated from Lincoln high school in 1922. He immediately enrolled in course at the University of Nebraska, where he associated with the Daily Nebraskan, student publication, as editor for two years. He graduated from the university with Beta Kappa honors. He entered the Harvard law school

Infant Mortality Nebraska mortality Nebraska, Iowa, Minnesota, Oregon lower other during 1925, Grace Abbott, chief of the children's bureau, said her annual report. year the maternity and Infancy act, through which federal aid states for the promotion of birth hy giene, urged. Although progress been reducing the mothers and babies, further effort toward this end is needed, was said. The infant mortality during 1925 for the United States was per births. The five leading states had or below.


Article from The Elmwood Leader-Echo, December 24, 1926

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OF CURRENT WEEK

BRIDGES BUILT OVER MISSOURI RIVER

Funds to Be Requested of and Nebraska Legislatures of Nebraska and will funds construct eight bridges the over the coming session, decided meeting the Nebraska Bridge association, attended by bridge here. The bridges would be constructed South Sloux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska Rulo and lowa bridge will ask legislature per cent the primary road fund each toward year the the bridges the works out one bridge could be built, was stated.

Two Kearney National Banks Merge Central National bank, Kearney been merged the National bank, of this which tended Though the the National the strongest houses the outside Omaha and deposits exceeding $2,500,000 and capital surplus $165,000 and cash and bonds hand exceeding

Graduate Voted Oxford Scholarship

Cox. who graduated from University of braska bark upon course ford university following his winning Rhoades for Nebraska from list dozen candidates. The Rhodes three years residence English annual gift pounds sterling. graduated from Lincoln high He immediately rolled course the University Nebraska. where associated with Daily Nebraskan, student ublication. editor for two He graduated He the school this fall


Article from The McCook Republican, December 24, 1926

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OF CURRENT

BRIDGES BUILT OVER MISSOURI to Be of and Requested Nebraska Legislatures

Nebraska will be asked for funds construct over the eight bridges Missouri at the coming session, decided at meeting of the Nebraska Bridge association, which attended by Iowa bridge enthusihere. The bridges would be constructed South Sioux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. Iowa bridge advocates will ask the legislature to give cent of the per primary road fund each year toward the construction of the bridges. If the plan works out one bridge year could be built, was stated.

Two Kearney National Banks Merge Central National bank, of Kearney, has been merged with the City National bank, of this city, following negotiations which tended over several weeks. Though the merger, the City National bank becomes one of the strongest banking houses in the state, outside of Omaha and Lincoln, with deposits exceeding $2,500,000 and capital and surplus of $165,000, and cash and bonds on exceeding

Graduate Voted Oxford Cox. who graduated from the University of Nebraska last spring, preparing to embark upon three-year course in Oxford university following his winning the Rhoades scholarship for Nebraska from list of dozen candidates. The Rhodes award for three years residence at the English school with an annual of 400 pounds sterling. Cox graduated from Lincoln high school in 1922. He immediately enrolled in course at the University of Nebraska, where he associated with the Daily Nebraskan, student publication, as editor for two years. He graduated from the university with Phi Beta Kappa honors. He entered the law school this fall.


Article from The Peru Pointer, December 24, 1926

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NEBRASKA NEWS OF CURRENT WEEK

ASK 8 BRIDGES BUILT OVER MISSOURI RIVER

Funds to Be Requested of lowa and Nebraska Legislatures

Omaha.-Legislatures of Nebraska and Iowa will be asked for funds to construct eight bridges over the Missouri river at the coming session, it was decided at a meeting of the Nebraska Bridge association, which was attended by Iowa bridge enthusiasts here. The bridges would be constructed at South Sioux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. Iowa bridge advocates will ask the legislature to give 5 per cent of the primary road fund each year toward the construction of the bridges If the plan works out one bridge & year could be built, it was stated.

Two Kearney National Banks Merge Kearney.-The Central National bank, of Kearney, has been merged with the City National bank, of this city, following negotiations which ex. tended over several weeks. Though the merger, the City National bank becomes one of the strongest banking houses in the state. outside of Omaha and Lincoln, with deposits exceeding $2,500,000 and a capital and surplus of $165,000, and cash and bonds on hand exceeding $600,000.

Graduate Voted an Oxford Scholarship Lincoln.-Hugh B. Cox. who graduated from the University of Nobraska last spring, is preparing to embark upon a three-year course in Ox. ford university following his winning the Rhoades scholarship for Nebraska from a list of dozen candidates. The Rhodes award provides for three years residence at the English school with an annual gift of 400 pounds sterling. Cox graduated from Lincoln high school in 1922. He immediately enrolled in a course at the University of Nebraska, where he was associated with the Daily Nebraskan, student publication, as editor for two years. He graduated from the university with Phi Beta Kappa honors. He entered the Harvard law school this fall.


Article from The Potter Review, December 24, 1926

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NEBRASKA NEWS OF CURRENT WEEK

ASK 8 BRIDGES BUILT OVER MISSOURI RIVER

Funds to Be Requested of lowa and Nebraska Legislatures

Omaha.-Legisiatures of Nebraska and Iowa will be asked for funds to construct eight bridges over the Missouri river at the coming session, It was decided at a meeting of the Nebraska Bridge association, which was attended by Iowa bridge enthusiasts here. The bridges would be constructed at South Sioux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo and Niobrara. Iowa bridge advocates will ask the legislature to give 5 per cent of the primary road fund each year toward the construction of the bridges. If the plan works out one bridge & year could be built, it was stated.

Two Kearney National Banks Merge Kearney.-The Central National bank, of Kearney, has been merged with the City National bank, of this city, following negotiations which extended over several weeks. Though the merger, the City National bank becomes one of the strongest banking houses in the state, outside of Omaha and Lincoln. with deposits exceeding $2,500,000 and a capital and surplus of $165,000, and cash and bonds on hand exceeding $600,000.

Graduate Voted an Oxford Scholarship Lincoln.-Hugh B. Cox. who graduated from the University of Nebraska last spring, is preparing to embark upon a three-year course in Oxford university following his winning the Rhoades scholarship for Nebraska from a list of a dozen candidates. The Rhodes award provides for three years residence at the English school with an annual gift of 400 pounds sterling. Cox graduated from Lincoln high school in 1922. He immediately enrolled in a course at the University of Nebraska, where he was associated with the Daily Nebraskan, student publication, as editor for two years. He graduated from the university with Phi Beta Kappa honors. He entered the Harvard law school this fall.


Article from The Douglas County Gazette, December 24, 1926

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CURRENT

MISSOURI

Be Requested of Nebraska Legislatures of Nebraska will be asked for funds construct eight bridges the Missouri river the coming decided at meeting the Nebraska Bridge which attended by Iowa bridge enthusihere. The bridges would be constructed South Sloux Decatur, Omaha, Blair, Plattsmouth, Nebraska Rulo and Iowa bridge advocates will ask the legislature cent of the per primary road fund each year toward the construction of the bridges the plan works out bridge could be built, stated.

Kearney National Banks Merge Central National bank, Kearney, has been merged the City National bank, of this following negotiations which tended over several weeks. Though the merger, the City National bank becomes one of the strongest houses the state, outside of Omaha and Lincoln, deposits exceeding $2,500,000 and capital and surplus and cash and bonds hand exceeding

Graduate Voted Oxford Cox. who graduated from the University Nebraska last preparing to emupon three-year course Oxford university following his winning Rhoades for Nebraska from list dozen candidates. The Rhodes award provides for three years residence the English school with annual gift of 400 pounds sterling. graduated from Lincoln high school He immediately rolled in course the University of Nebraska, where associated with the Daily Nebraskan, student publication, as editor for two years. graduated from the with Beta Kappa honors. He entered the Harvard law school fall.

Infant Mortality Low in Nebraska mortality Nebraska, Iowa, Minnesota, Washingand Oregon was lower than other states during Grace Abbott, chief of the children's bureau, said her annual report. two year extension of the maternity and infancy act, through which federal aid given states for the promotion of birth giene, urged. Although progress has been made reducing mothers and babies. further effort toward end needed. The infant mortality rate during for the United States was per births. The five leading states of 60 or below.


Article from Valentine Newspaper, December 31, 1926

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CURRENT

MISSOURI

Requested Nebraska of Nebraska asked for funds construct eight bridges the Missouri rivethe coming decided meeting of Nebraska Bridge association, which attended by Iowa bridge The bridges would be constructed South Sloux City, Decatur, Omaha, Blair, Plattsmouth, Nebraska City, Rulo Niobrara. Iowa bridge advocates will the ask legislature per cent of the primary road fund each year toward the construction of the bridges. the plan works out bridge could be built, stated.

Two Kearney National Banks Merge Central National bank, has been merged with the City National bank, of this city, following negotiations which tended over several weeks. Though the the National bank becomes one of the strongest houses the outside Omaha and with deposits exceeding $2,500,000 capital and surplus $165,000. and cash and bonds hand exceeding

Graduate Voted Oxford Scholarship Cox. who grad uated from the University of Ne braska preparing emupon course in Oxford university following his winning Rhoades scholarship for Nebraska from list of dozen candidates The Rhodes provides for three residence the English school with annual gift of pounds sterling. graduated from Lincoln high school in 1922. He immediately rolled in course the University of where associated with the Daily Nebraskan, student editor for two years. He graduated from university with Phi Beta Kappa honors. He entered the Harvard law school this fall.

Infant Mortality Low In Nebraska mortality ton and Oregon lower than in any other states during 1925, Grace Abbott, chief of the children's bureau, said in her annual report. two year extension of the maternity and infancy act, through which federal aid is given states for the promotion of birth hygiene, urged. Although progress has been made reducing the deaths of mothers and babies, further effort toward end is needed, was said. The infant mortality rate during 1925 for the United States was 72 per 1,000 births. The five leading states had rates of or below.

Want Good Roads In Pawnee County Pawnee interest good roads was by the meeting with the Public club of retiring and newly elected county commissioners and four citizens of Mission Creek, all of whom declared in favor of concerted action to secure more widespread system of good roads for this county. the present time state department men are stakhighway from the end of ing surfacing west of here gravel Lewiston. preparatory grading, and prospecting for gravel has been ducted near by engineering forces of the state


Article from Kearney Hub, February 11, 1928

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corded by the said defendants Benjamin Armitage and Helen Armitage, his wife, 80 received by the said Grace Coffey and Belle McFerren, defendants, are sisters of the defendant Benjamin A. Armitage, for the fraudulent purpose of cheating, hindering, and defrauding plaintiff in the collecting of his judgments. That George Coffey is the husband of Grace P. Coffey. You are required to answer said petition on Monday the 5th day of March, 1928, or said petition will be taken as true and rendered Dated January 20th, 1928. M. ROSS, As Receiver of City National Bank In Kearney, Plaintiff. j21f18

John Miller & E. L. Randall, Attys. NOTICE TO DEFENDANTS. To Marguerite S. Gildner and Elmer J. defendants: You will take notice that M. Ross, as of The Central National Bank of Nebraska, has begun in the district court of Buffalo county, Nebraska, against you the object and prayer of which is to foreclose mortgage dated March 25, 1924, given by you to S. Donnell and recorded in book 109, page 302, of the mortgage records of Buffalo counNebraska, securing note of $2,and Interest and taxes, and conveying tract of land in the southeast quarter of the quarter of section (35), in Township nine (9) north, Range sixteen (16), west of the sixth principal meridian, in Buffalo county, Nebraska, and heretofore known as the south 130 feet of Block One (1), in Frank's second addition in the city of Kearney, and for the sale of said lands to satisfy the debt and taxes paid in the sum of $701.80 and interest and costs plaintiff default in the conditions of said mortgage are required petition on Monday the 12th day of March, 1928, or said petition will be taken as true and judgment entered thereon. as receiver of The Central National Bank of Kearney, Plaintiff. j26w4

Nye and Nye, Attys. NOTICE TO CREDITORS. In the County Court of Buffalo County, the matter of the of Joseph Kapps, Public hereby given that the creditors of said estate will meet the executor of said estate before said court in the court house in said county on the 4th day of April, 1928, o'clock m., for the purpose of presenting their claims against said estate for examination, adjustment and allowance. Four from the 25th day of 1927, are creditors to file this court their said claims, and all not filed within said time will be barred. Dated this 16th day of January, 1928. (Seal.) J. M. EASTERLING. j17w4 County Judge.

Kodak finishing. Midwest Camera Shop

CHATTEL MORTGAGE SALE. Notice is given by virtue of chattel dated November 1926, duly filed in the office the clerk of Logan county, Nebraska, executed by Tappan, to secure payment of $382.04, upon which there now due $275.56, default having been made in payment, and no suit or other proceedings at law having been instituted to recover said debt any part thereof. it will sell the property to-wit: One Star Coupe, 1926, factory number L8335, formerly 14L1542, at public auction at 1816 Central Kearney, Nebraska, on the 21st day of February 1928, at o'clock FEDERAL FINANCE COMPANY, j30t20 Mortgagee.


Article from Kearney Hub, February 11, 1928

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John A

Miller & E. L. Randall, Attys. NOTICE TO DEFENDANTS. To Dorothy Lantz and Dai C. Lantz defendants: You will take notice that M. A. as receiver of The Central National Bank of Kearney, Nebraska, has begun an action in the district court of Buffalo county, Nebraska, against you impleaded with others, the object and prayer which is to foreclose mortgage dated October 1926. given by you to The Central National Bank of Kearney, Nebraska, and recorded in Book 114, page 287, of the mortgage records of Buffalo Nebraska, securing and interest. and conveying south 177.7 feet of Block five (5). in Frank's addition in the city of Kearney, Buffalo county, Nebraska, and including all land immediately north street in said city adjoining said block, and for the of said lands to satisfy said debt. Plaintiff alleges default in the conditions said mortgage. You are required to the petition on Monday the 12th day of March, 1928, or said petition will taken as true and judgment entered thereon. A. ROSS. as receiver of The Central National Bank of Kearney, Plaintiff. j26w4


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NOTICE OF SALE BY SPECIAL MASTER UNDER DECREE

Daniel H. McClenahan, Special Master, 526 Little Building, Lincoln, Nebraska. Public is hereby given that by virtue an order sale issued of the Court of the United States for the District of Nebraska, Grand Island Division, and the of said court pursuance rendered and filed on June 20, an action therein pending, to-wit: No. Equity, wherein PruInsurance Company AmerCorporation, Plaintiff, and William Lizzie Radford, Shennum, Receiver The Central National Bank, of Kearney, Boyd Radford, Clayton Radand Ellsworth Bowker, are Deford, fendants, whereby mortgage the property hereinafter described foreclosed, the undersigned Special Master this appointed property and Court, decree, and by virtue of the authority vested by said order Daniel such Special Master, will the 8th September, 1931, at nine o'clock central time, the the County Court House Kearney, County Seat Buffalo County, Nebraska, the usual place sheriff's sales made, public the highest bidder for cash, the property said mortgage foreclosed, which property known described follows, to-wit: Lot and the Southeast quarter the Southwest quarter, the South half of Southeast quarter, and the Northeast quarter the Southeast quarter of Section 17, also the quarter of the southeast quarter Section 18; Also Lots and of Section Sec. 20; tion 21; all Township North, Range 14, the Principal Meridian, BUFFALO COUNTY, NEBRASKA. Also Southwest Fractional quarter and the South half of the Northwest fractional and Lot Section except the right way of the ChiBurlington and Quincy Railroad Company of 6.32 acres; ALSO the North half of the North Half Section 31; North, Range 14, West the Principal Meridian, KEARNEY CONTAINING IN