Nebraska State Bank (Milford, NE)

Episode Information

Episode UID
76033571573
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7603357 routing
Routing Number
76-0335
Start Date
January 1, 1931*
Location
Milford, Nebraska (40.774, -97.051)

Metadata

Model
gemini-3-flash-preview (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ba8dad9c95ae6366

Response Measures

None

Description

Articles discuss legal proceedings involving the bank's receiver, confirming the bank had already failed and was in receivership by late 1931.

Events (2)

1. January 1, 1931* Suspension
Cause Details
Bank was defunct and in receivership by November 1931; specific cause of closure not stated in these legal reports.
Newspaper Excerpt
action brought by Clarence G. Bliss as receiver for the Nebraska State Bank of Milford
Source
newspapers
2. November 19, 1931 Receivership
Newspaper Excerpt
The action was brought by Clarence G. Bliss as receiver for the Nebraska State Bank of Milford.
Source
newspapers

Newspaper Articles (3)

Article from The Lincoln Star, November 19, 1931

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Article Text

BLISS APPEALS SEWARD COUNTY JUDGE'S ACTION Appeal was filed in the Supreme Thursday from Seward county District court decision sustaining the demurrer of defendants an action brought Clarence G. as the Nebraska State bank of Milford. The action was against Harry Laipply treasurer School District No. and the village of Milford and against units sought recover in possession of the defendant as guaranty for school and village monies, on the ground that notes really property of the bank. The receiver is appealing.


Article from Seward Journal, November 26, 1931

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Article Text

BLISS APPEALS FROM SEWARD DISTRICT COURT Appeal was filed in the Supreme court Thursday from a Seward County District court decision sustaining the demurrer of defendants in an action brought by Clarence G. Bliss as receiver for the Nebraska State Bank of Milford. The action was brought against Harry E. Laipply as treasurer of School District No. 5, and the village of Milford and against the two governmental units themselves. It sought to recover notes in possession of the defendant as a guaranty for school and village monies, on the ground that the notes were really property of the bank. The receiver is appealing.


Article from The Omaha Morning Bee-News, February 10, 1932

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Article Text

Laipply Attorneys Support Suit Ruling LINCOLN. Feb. 9, neys for Laipply, treasurer of the Milford school district and president of the defunct Nebraska State bank of Milford, filed supreme court Tuesday. A brief suporting dismissal of suit brought by state bank receivers enjoin of notes given to secure the districts' deposit The stae had appealed dismissal of the suit.