Security State Bank (Lynch, NE)

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Kirk Griggs' Report States that Institutions Over to Guarantee Commission Since July,

Lincoln, of the state department of trade and commerce, issued report in book form showing the condition of 913 commercial and the state to the last report of the present year. deals largely with the workings of the guaran*ee law the periods of stress recent years, wherein the state guarantee commission has taken over continued operation of embarrassed banks. Thirteen report shows, June 1925; banks sold consolidated with number of banks liquidated or placed in the hands of receivers number of banks reporting June 1925, 910. The report shows the following 25 banks turned over the guarantee fund commission from July 1924, June Ames, Farmres' State; Angora, Angora State bank; Bennington, Manand Glandt; Bridgeport, Bridgeport bank; Citizens Chadron, Citizens State: Clearwater, State Bank; Collegeview, Bank of Farmers' State; Craig, Farmers' State: CrawFarmers' bank; Ewing, Ewing State; Ewing, Pioneer State; Bank of Commerce; Hooper, Dodge County bank; Lynch, Security State: Lyons, Citizens' State; Lean, McLean Macy, Macy State; Newport, Rock County State: Omaha, (Florence) Commercial Omaha, Security Orchard, Orchard State: City, First State; Peru, Peru State, Ralston, Citizens' State; Rosalle, Farmers' State; Seneca, Seneca Sidney, AmeriSilver Creek, Silver Snyder, Snyder South Bank of South Sioux City: Trumbull, Trumbull Valentine, entine State bank; and Wolbach, Farmers' State. guarantee vation funds, from July 1924 June 1925, gives statements of and liabilities of each bank, sessment, refunds and balances. is said those who took drive on the highway south of town that everyone town or the rounding country, who did bit Sunday toward packing down the gravel that has been laid near the line. That exceedobjective for drive these days.

Mr. and Mrs. Charles Ebel. from down on line, Mr. and Mrs. May from Ohio precinct, and Mr. and Mrs. August Lietzke, from Arago precinct, were among the busivisitors to Falls City Saturday. and Mrs. Ben Jorn, from near Verdon, were in town business SatThey reported their Boyd, suffering from severe attack grip

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NEW BANK CHARTERED

FECTED AT LYNCH.

Security State Become FarmState, Estimated Loss $175,000 to Guar- anty Fund. Security State bank Lynch has been operated the gualanty fund commission November 1924, ganized with new owners and capital. Secretary Griggs of the department trade and has issued-a charter the new which will be known the Farmers' State bank Lynch. contract of the assets and asumption liability deposits amounting $350,000 been agreed upon and submitted the district court approval. The deposits, when the bank turned over No. 1924, to the guaranty fund amounted $375,000. The loss the guaranty fund estimated at $175,000. The capital stock of the old bank was $20,000. The capital stock of the ized banks $25,000. The officers the old bank were Holbert, president: Wasatko, assistant cashier; Dan Melsha, cashier. The officers of the new bank are president; vice president; Dan cashier. These officers are sole stockholders and constitute the board of directors.

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NOTICE OF SALE BY VIRTUE OF AN ORDER OF SALE, Directed to me from the District Court of Boyd County, Nebraska, on judgment and decree obtained before the Honorable Robert R. Dickson, Judge of the District Court of Boyd County, Nebraska, on the 18th day of December, A. D. 1928, in an action pending wherein Peters Trust Company, a corporation, Guardian, was plaintiff and Harold M. Holbert, Ruth I. Holbert, Peters Trust Company, a corporation, John M. Flannigan, as receiver of the Security State Bank of Lynch, Nebraska, The Guarantee Fund Commission of the State of Nebraska, and John Doe, real and true name unknown, were defendants. The plaintiff obtained judgment and decree for the sum of $1909. wiith interest at 10 per cent per annum from the 8th day of December, A. D. 1928, and is first lien on the lands and premisses hereinafter described. To satisfy said judgment and decree and costs I have levied on the following described lands and premises, taken as the property of the defendants, to-wiit: The South Half of the Southwest Quarter (S%SW%) of Section Twenty-four (24), also the North Half of the Northwest Quarter (N½ NW%) of Section Twentyfive (25), all in Township Thirtyfour (34) North, Range Ten (10) West of the Sixth Principol Meridian, in Boyd County,Nebraska. I will offer the said lands and premises for sale to the highest bidder for cash on the 22nd day of October, A. D. 1929, at the hour of one o'clock, P. M., in front of the front door of the Court House, in Butte, Nebraska, (that being the building wherein the last term of District Court of Boyd County, Nebraska, was held) when and where due attendance will be given by the undersigned. Dated this 19th daay of September, A. D. 1929. WILEY S. BARNES, Sheriff of Boyd County, Nebraska. W. T. WILLS. Attorney. First pub. Sept. 19-last 17