First State Bank (Lincoln, NE)

Episode Information

Episode UID
76065771559
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7606577 routing
Routing Number
76-0657
Start Date
November 1, 1929*
Location
Lincoln, Nebraska (40.800, -96.667)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c06b90d3666276e7

Response Measures

None

Description

Closure ordered by state department; receivership and legal actions followed.

Events (3)

1. November 1, 1929* Suspension
Cause
Government Action
Cause Details
Closed by the state banking department (state-ordered closure).
Newspaper Excerpt
Three comparatively small state banks closed by the state department last week, one at Chadron, one at Ashton and the First State bank of Lincoln.
Source
newspapers
2. January 16, 1930 Receivership
Newspaper Excerpt
After the bank went into receivership the bonds sold to two Lincoln banks. Thursday morning delivered to the purchasers and them the amount the deposit with the interest added
Source
newspapers
3. April 7, 1930 Other
Newspaper Excerpt
petition in intervention filed District court Monday by Marx, attorney, asking tion court for the First State bank ... asking that Clarence Bliss ... cannot receiver two failed banks
Source
newspapers

Newspaper Articles (3)

Article from Nebraska Signal, December 5, 1929

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Article Text

HARMONY Most all of the corn husking vicinity. George Eppler has been helping husk corn. Harry Rakestraw is helping his father, H. husk corn. James Hintz of Ohiowa finished husking corn for Emil Bedlam last Joe and Stella Schelbitzki were visitors at the Harmony school last Rex Johnson of Alexandria husking corn for his uncle, Christof and Mrs. Ben Higel spent Wednesday Clay Center at the Mr. and Mrs. A. Stowell and family spent Thanksgiving in OhioMr. and Mrs. Ross Heston spent Saturday evening with Christof The children and teacher of Harmony school enjoyed vacation and Friday. Little Delores Norder is spending days with her aunt, Mrs. Ollie of Miss Leona Myers and friend of Gilead visited at the home of W. family Sunday Mr. and Mrs. Jack Henrichs and Mervil Wayne were Sunday evening callers at Henry Norder's home. Mr. and Mrs. John Johnson and Ella spent Thanksgiving with Gene Fuller and family Mr. and Mrs. George Eppler spent Thanksgiving with Mrs. Eppler's ter, Mrs. Alfred Lentfer, and husGeneva. Mr. and Mrs. Jack Henrichs and Mervil Wayne spent Wednesday Henrichs parents, Mr. and Sander Sr. Mrs. Hele Johnson and son Charles of Ohiowa spent Saturday evening with their and brother, Christof family Mrs. Heie Johnson and son Charles of Ohiowa visited at the home of their daughter and sister, Mrs. Ross Heston, and husband Mr. and Mrs. Christof Johnson Schoenholtz and family and Mr. and Mrs. George and family Thanksgiving with the ladies' parents, Mr. and Mrs. Lou Eppler. Cleaning Up the Banks. The banking situation in the state is of to everybody. to note that the American State bank of Kearney has been reorganized and reopened under new name. Three comparatively small state banks closed by the state department last week, one at Chadron, one at Ashton and the First State bank of Lincoln. The Lincoln bank had moved in from one of the suburbs and had not been able to get on its feet. The Ashland State bank was closed Monday by its officers result of run. The bank had no real estate and was apparently sound condition but many people withdrew their money that the bank doors had to be closed. FAIRMONT NOTES. (Fairmont Chronicle.) The signs at the two bank intersections were placed yesterday. Born, Mr. and Mrs. Gerald Finney of rural route one, Tuesday, November 26, twin boys. The Fairmont lodge room being redecorated and the building repaired. Mrs. Watson is suffering from an infection which developed in cut on her right hand. Mrs. Moon and two children were reported ill of flu yesterday. Roy Burns, barber in Mr. Moon's employ, is also ill of the same malMiss Zola M. Shoemaker has purchased Aldrich northeast quarter of section 18-8-2, in township. The price was $100 per acre. There are no buildings. Willard McNamara, who employed assistant auditor with the Nebraska Bank commission the state during six has signed his position and came home Saturday to pass few days with home folks. is leaving for Chicago Wednesday to take up his work junior accountant with the thur Anderson Co., accountants of that city. An automobile driven by Mr. and Mrs. W. Bolton Emporia, Kas., into the ditch north of town the Meridian highway Tuesday when tire blew out. Mrs. Bolton had her right arm broken above the elbow and Mr. Bolton suffered badly bruised hip. They brought to the Ashby hospital and given medical treatment, before proceeding on their way to northern braska for Mr. and C. Chapin recently from their Pliny eral that he had been made genof the Santa Ana Laundry, Crystal Cleaners, Crescent and Southern Cleanall Service Co. The Santa Ana plant fine one and handles $200,000 Mr. Chapin ary, plus bonus at the end of the Miss Nellie Brown, sister of the late H. O. Brown and Mrs. Brown, passed at away Peoria, Sunday, November 24, following extended illness. She was in her year. Miss Brown has made her home the Faircommunity several the families of H. and Brown. an ount of Harlow Brown, Beulah and Alva Brown and Don Fraizer. Brown had many friends here. YORK (York Teller.) Miss Jane Muir seriously sick ious family over her condition. Mrs. who passed her night, her death occurred April tales of drifting in from New York and points nearer home, forth one day haste to put the deed record then to he expected better since the transaction John Muir returned Saturday from visiting his son Fred Cal, for several located about forty miles from San Diego and Fred is foreman of the Buick garage in the town which provides pleasant place of residence. During his absence Mr. Muir visited San Diego, Los Angeles adjoining towns and met many former friends, among them several he had known in boyhood. Depositors of the American State bank, after conference with Clarence Bliss the state banking board, named committee of five men to confer with state authorities concerning condition of the bank and to report to the depositors concerning the of the institution. Members of the committee chosen are W. Baer, Oscar Kolling, Thomas Curren Sr. and H. Clifford. Old Friendships, Never forgotten will glow with appreciation for that most personal photograph Arrange for an early appointment. 10-1 HABERMAN STUDIO. Notice. The D. of will meet at the hall Friday evening, December Officers will be elected for the coming year. /All members are requested to be present. For Sale. One two-hole John Deere and one Sandwich used shellers, in first class condition. Fairmont Geneva. 10-1 GEORGE W. PORTER. Food Sale. The Loyal Woman's class of the Christian church will sell pies, cakes, rolls, etc., at the electric light office December 14. 10-2 For Sale. White Wyandotte cockerels from state accredited flock $1.25 each. Sutton 4711. 10-1 EDWARD SCHMIDT. For Sale. Fairbanks five-ton scale, good condition, for sale reasonable. Phone 90. 10-tf GENEVA MILLING CO. 10-2 Personal Tax Notice. All personal taxes not paid by December 10 must have interest added. CLAY THOMAS, County Treasurer. For Sale. roan Shorthorn cow, to be fresh soon. Phone 4013 W. 10-tf WALTER EATON. E. Johnson's Public Sale. Johnson will sell mules, cattle, farm machinery, at his home Tuesday, December 10. See his ad in this issue. For Sale Pure bred White Wyandotte cockerels. Fairmont 10-2 MRS. W. J. PERKINS. Lost, A brown gun case. Finder please leave George W. Porter's Implement store. 10-1 For Sale. Pony, buggy and harness, reasonable. Grafton, Neb. 10-1 H. EICHSTEDT. Milk and Cream. Can handle few more customers my milk Phone 294 W. 10-3 FRANK BRADEN. For Sale. Barred Rock cockerels. Phone 3830 Shickley 10-2* WILLIAM Wanted. Washing ironing and plain sewing Phone 165 10-1* LOUISE TAYLOR. For Sale. Rose comb Rhode Island red roosters, $1.25 Neb. 10-2* CHARLES TRENARY. For Sale. Wicker baby buggy. Geneva phone 267. 10-1. For Sale. Day library table $7.50. 10-tf MRS. W. HOURIGAN.


Article from The Lincoln Star, January 16, 1930

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Article Text

CITY RECOVERS BANK DEPOSIT City Treasurer Bair Thursday covered the money credit the city the First closed State bank when was November The last $18,000, with amounting This is the second time within the past year that the city the full amount has bank when deposited with money the collections In both instances Mr. Bair the funds by the bank deposit the bonds sufficient to cover the First the case deposit State bank the aggregated After the bank went into receivership the bonds sold to two Lincoln banks. Thursday morning delivered to the purchasers and them the amount the deposit with the interest added All city deposits are protected securities posted with the city by the banks holding the money.


Article from The Lincoln Star, April 7, 1930

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Article Text

BANK First State Here Closed As Notes Says Marx. Holds Bliss Unable To Act As Receiver For Two Claiming that Clarence Bliss, state trade and cannot receiver two failed banks for which are petition intervention filed District court Monday by Marx, attorney, asking tion court for the First State bank in regard filed failde Milpetition in intervention filed the proceedings on behalf Chris Tiernon, Jay Marx, National Cloak depositors, and other general. out the require the as failed banks, in the failed banks allegedly claims against the other Bliss receiver for Milford 25 and for the bank The Milford bank closed Claims Worthless. The petition alleges that in M. cashier Milford for the purpose the First Bethany the being good financial condition. The petition charges that the fraudulently represented known the were accepted by bank on reppetition Under the alleges bank accepted the amount belief they were although knew worthless. Koenig claimThese to induce the State them and Milford Two ordered the First State bank by the state not good possessing Draft Issued. the Milford bank, the First State bank investigated notes, found them worthand charged off against account Milford bank, petition claims, was under agreebut agent the bank's receiver, issued draft for result issuing this draft and lack ready funds to alleges, State state and the local asking amount that draft, according the petition. interveners ask that the full the off in the against the Milford celled and the First State given judgment excess. being assisted in the case by Anderson,