Holdrege State Bank (Holdrege, NE)

Episode Information

Episode UID
76008971492
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7600897 routing
Routing Number
76-0089
Start Date
April 3, 1924
Location
Holdrege, Nebraska (40.440, -99.370)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6d93c76277b9e41e

Response Measures

None

Description

Receiver appointed by court (state action) indicating bank in receivership/closed.

Events (1)
1. April 3, 1924 Receivership
Newspaper Excerpt
Hearing was had in the matter of the State of Nebraska, ex-rel Clarence A. Davis, attorney-general, vs. Holdrege State Bank. The receiver of the bank, Roscoe J. Slater of Lincoln, was discharged ... Van E. Peterson of Curtis was appointed to succeed Mr. Slater as receiver and his bond was fixed at $10,000.
Source
newspapers

Newspaper Articles (3)
1. April 3, 1924 Holdrege Daily Citizen Holdrege, NE
Article from Holdrege Daily Citizen, April 3, 1924

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Article Text

NEW RECEIVER APPOINTED FOR HOLDREGE STATE BANK Judge L. H. Blackledge presided at a couple of days' session of district court in Holdrege last week, being here Wednesday and Thursday. Hearing was had in the matter of the State of Nebraska, ex-rel Clarence A. Davis, attorney-general, vs. Holdrege State Bank. The receiver of the bank, Roscoe J. Slater of Lincoln, was discharged after his claim for services had been allowed. Van E. Peterson of Curtis was appointed to succeed Mr. Slater as receiver and his bond was fixed at $10,000. Attorneys appearing in the case were Stewart, Perry & Stewart of Lincoln; G. Norberg and Clarence A. Davis of Holdrege.

2. April 3, 1924 Holdrege Daily Citizen Holdrege, NE
Article from Holdrege Daily Citizen, April 3, 1924

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Article Text

Judge L. H. Blackledge presided at a couple of days' session of district court in Holdrege last week, being here Wednesday and Thursday. Hearing was had in the matter of the State of Nebraska, ex-rel Clarence A. Davis, attorney-general, vs. Holdrege State Bank. The receiver of the bank, Roscoe J. Slater of Lincoln, was discharged after his claim for services had been allowed. Van E. Peterson of Curtis was appointed to succeed Mr. Slater as receiver and his bond was fixed at $10,000. Attorneys appearing in the case were Stewart, Perry & Stewart of Lincoln; G. Norberg and Clarence A. Davis of Holdrege. Other matters taken up at this time were as follows: Wm. Rumsteg vs. Amasa Pratt, Gould Land and Cattle Co., judgment confirmed. Thos. Frahm vs. Henry G. Swanson et al, foreclosure; sale ordered. Mutual Benefit Life Insurance Co. vs. Thos. L. Doherty et al, foreclosure; sale ordered. Mildred F. Sponberg et al vs. F. W. Kiplinger et al; land granted to plaintiff.

3. July 14, 1927 The Holdrege Progress Holdrege, NE
Article from The Holdrege Progress, July 14, 1927

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Article Text

HUNT WINS DECISION IN SUPREME COURT ON NOTE CASE Poculiar Feature Of Law Is Brought Out When Bank Receiver Sues Acting as both plaintiff and defendant, Van E. Peterson, secretary of the Guaranty Fund commission, has demonstrated that in this peculiar role it is possible to loss on both sides of the case. When the Holdrege State bank operating loaned some money to Hunt, of Hastings, and sold the note he executed to the Citizens State bank. The note was not paid and the Holdrege State bank meantime went into the hands of receiver. Peterson was named receiver, the Citizens bank sued on the note, making the Holdrege State bank party endorser, making Peterplaintiff and defendant. Hunt defended on the ground that the court had no jurisdiction, he lived in another county, and could not be sued in Phelps county by the pretext of making the bank to which originally gave the note defendant. The supreme court today held for Hunt. Hunt formerly resident of Holdrege and was at one time of the Holdrege Ice Cream Co.