Dwight State Bank (Dwight, NE)

Episode Information

Episode UID
76071571580
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7607157 routing
Routing Number
76-0715
Start Date
August 17, 1931
Location
Dwight, Nebraska (41.084, -97.020)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
01d20a2fa7213dd3

Response Measures

None

Description

Closures described as voluntary to protect depositors and receivers were appointed soon after.

Events (4)

1. August 17, 1931 Suspension
Cause
Local Banks
Cause Details
Closings described as the result of recent bank suspensions/closings in Omaha; banks voluntarily failed to open to protect depositors.
Newspaper Excerpt
Six Nebraska state banks today failed to open their doors for business ... the Dwight State bank of Dwight
Source
newspapers
2. August 22, 1931 Receivership
Newspaper Excerpt
assistant receivers named for out-state banks ... E. E. Ruzicka, Schuyler, Dwight State bank of Dwight
Source
newspapers
3. September 17, 1931 Other
Newspaper Excerpt
Depositors committees selected at Bruno and Dwight ... A depositors committee was selected at each meeting to help the bank receiver in his work
Source
newspapers
4. January 16, 1932 Other
Newspaper Excerpt
dividend payments ... The Dwight State bank, at Dwight, Neb., were granted 35 per cent dividend from liquidation of bank assets
Source
newspapers

Newspaper Articles (20)

Article from Baker City Herald, August 17, 1931

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OHIO, NEBRASKA BANKS FAIL TO THIS M. Toledo Failures Total $100,000,000; Loan Ass'ns. Suspend Toledo banks with combined sources of more than failed to open for business this morning while 11 seving associations ceased payments of deposita during the present financial In accordance with the request of directors of the four institutions, the state banking department prepared to take over their iffairs conserve assets in the face of previous stendy withdrawals by des positors The action of directors Lies up for an indefinite period more than ity-Home Trust company. a fifth bank which closed about months ago had about $20,000,000 if deposits: the Ohio Savings Bank and Trust company almost the Commercial Savings Bank and Trust company 466,000. and the Six Nebraska state banks failed to open for business today. Governor Charles W Bryan and E. H. Lulkart. secretary of the state department of trade and commerce. said the closings were the result of Yecent bank suspensions in Omaha The six banks had total deposits of approximately $1,180,000 They were the First State bank of Pleasant Dale: the Dwight State bank of Dwight the Brainard State bank of Brainard the Bruno State bank of Bruno: the Butler County Bank of Davis City, and the Leigh State bank of Leigh building and associations of Akron and Cuyahoga Falls today served their depositors with notice of temporary suspensions of withdrawals. The companies involved carry bright. secretary of the largest, today said The step is taken for the purpose of protecting the de positors. There is no question of insolvency


Article from The Journal Times, August 17, 1931

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6 Nebraska Banks Fail To Open Doors Today LINCOLN, Neb., Aug. 17.-(P)- Six Nebraska state banks today failed to open their doors for business and both Gov. Charles W. Bryan and E. H. Luikart, secretary of the state department of trade and commerce. said the closings were the result of recent bank suspensions in Omaha. The banks are the First State bank Pleasant Dale. the Dwight State bank of Dwight, Brainard State bank of Brainard: the State bank of Butler County bank of Davis City, and the Leigh State bank of


Article from Rapid City Journal, August 17, 1931

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Nebraskans Feel Effect Of Omaha Bank Closing Lincoln, Neb., Aug. 17 Nebraska state banks today failed open their doors for business both the state trade and said the closings the result of bank Omaha. The six banks had total deposits The banks the First State Bank Pleasant Dale: the Dwight State Bank Dwight: the Brainerd State Bank of Brainerd the Bruno State Bank Bruno: the Butler County Bank of David City, and Leigh State Bank of Leigh.


Article from Globe-Gazette, August 17, 1931

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Six Banks in Nebraska Are Closed; Deposits Reach $1,120,000 Total LINCOLN Nebr., Aug. 17. (P)Six Nebraska state banks today failed to open their doors for business and both Gov. Charles W. Bryan and E. H. Luikart, secretary of the state department of trade and commerce, said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits of approximately $1,120,000. The banks are the First State bank of Pleasant Dale: the Dwight State bank of Dwight; the Brainard State bank of Brainard: the Bruno State bank of Bruno: the Butler County bank of Davis City, and the Leigh State bank of Leigh.


Article from Fremont Tribune, August 17, 1931

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SIX BANKS IN STATE CLOSED Voluntary Action to Protect Public LINCOLN, Aug. 17 state deposits estimaggregate volunclosed doors today The according Gov Charles who spoke for the direct result of the closing the Union State bank Omaha.' Closed today were the following state banking First State Pleasant Dale Dwight State bank, Dwight Brainard Brainard. Bruno State bank. Bruno. Butler County bank, David City. Leigh State Leigh. The closures announced today brought total of 10 the number state banks which have closed their doors within many All of the suspensions were said have brought about the failure last Monday the State Omaha, the subseclosing Omaha's other three uptown state banks. Banking officials expressed belief there be little loss in the closures They was pointed out, and an attempt banking officials to protect their depositors. Officers and financial structure the banks closed today were listed the banking department as follows First State bank. Pleasant deposits president; William Dwight State bank. deposits State deposits Sennin, vice president; Proskovec, Bruno bank. deposits, president: vice president; Roh, cashier Butler County State bank. David deposits $180.000; Joseph Shramek, president: Meysenpresident; R. Havelka, cashier Leigh State Nelson,


Article from The La Crosse Tribune, August 17, 1931

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FOUR Reorganization to Be Undertaken and Institutions Will Reopen EXTRA POLICE PATROLING CITY FINANCIAL Word Comes From Nebraska of Closing of Six Banks Four Toledo banks with combined resources more than failed open business this morning, eleven associations ceased payments deposits during the present the request of the four the department their in the face of previous steady Guard Against Trouble City police acting under orders Police Chief Louis Haas, patroled the preparation for any public emerMeanwhile, there pending meeting Mayor Jackson Adjutant General Frank Henderson, Columbus, commanding the Ohio national guard. Sunday night, Mayor Jackwith Safety Director Black Golson Light, commanding the 148th fantry, Ohio national guard. More than 100 rural bankers of Northeastern Ohio, who SunBanks Fulton Charles Saffin, attorney for state department, had. their assurance by state authorities in meeting local problems. Plan Reorganization Late Saturday, directors nounced closing of the Commerce Trust and bank, the Ohio Bank Trust Commercial Bank company Sunday, the these word from rectors of the fourth the bank, bank, would forced to close doors its tied up two of the banks suspending operations. was indicated that conferences to may started within week ten days. Nebraska Banks Close LINCOLN, Nebr. Six Nebraska state banks Monday failed to open their doors for business both Gov. W. Luikart, secretary of the of trade and commerce, said the closings result recent bank suspensions in Omaha. The banks had total deposits banks the First State bank Pleasant Dale, the Dwight State bank of Dwight, Brainard bank of Brainard: the Bruno State bank of Bruno; the Butler County bank of and the Leigh State bank of Leigh.


Article from Fort Collins Coloradoan, August 17, 1931

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Six Small Nebraska Banks Fail to Open Lineoln, Nebr. small Nebraska state banks failed to open for business today. Gov. Charles W. Bryan and E. K. Luikart, secretary of the state department of trade and commerce, said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits of $1,120,000. They were the First State bank of Pleasant Dale: The Dwight State bank of Dwight, The Brainard State bank of Brainard; The Bruno State bank of Bruno; The Butler County bank of David City, and the Leigh State bank of Leigh.


Article from The Stockman's Journal, August 17, 1931

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Six State Banks In Nebraska Close Doors Lincoln, Neb., August 17 banks, estimated $1,120,000 voluntarily their doors today. The closures, to Charles W. who for the State "direct result of the Omaha. Union State Bank of Closed today were the following state banking State Bank, Pleasantdale; State Dwight: BrainBrainard; Bruno State Bank, Butler County Bank, David City; Leigh State Bank,


Article from The Spokesman-Review, August 18, 1931

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FIVE BANKS FAIL, TOLEDO IS A-BOIL Merchants Abandon Any Attempt to Succor Ruined Institutions. WILL LEND TO NEEDY Six Nebraska Banks Close Doors -Ohio Loan Groups Clamp On TOLEDO. Ohio, Aug. 17. dustrial and leaders rapidly to aid depositors after four large banks and one small had closed the last 24 hours. The last bank to close was the Point Place State, which opened December 1929, with capital, $5000 surplus and about $80,000 To minimize hardship among an depositors affected by the the five institutions, members of the and Manufacturers' association decided that would aid their unemployed workers with small loans whenever The decided it was imto to raise funds from the to aid concerns It was this would require at least $5,000,000. pension of industry here was not anticipated. Several truckloads of money were rushed from the federal bank at Cleveland to aid the banks The section was crowded all day with depositors and the merewho read the closing notices posted on the doors of the Commerce Guardian Trust and Savings bank, the Ohio Savings Bank and Trust the ings Bank and Trust company and the The four banks combined sources of $100,000,000 and deposits of around $80 Loans Groups Lower Bars. Aug. 17. Twelve and loan of Akron and Cuyahoga Falls today served their depositors with notice of temporary suspensions of withdrawals. The companies involved carry deposits of A. E. Albright secretary of the largest, today said "the step is taken for the purpose is protecting the depositors. There no question of insolvency Six Banks Fail. Neb., Aug. 17. Nebraska state banks failed to open business today. Governor Charles W. Bryan and E. H. Luikart. secretary of the state of trade and said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits of They were the First State bank of Pleasant the Dwight State bank Dwight, the Brainard State bank Brainard, the Bruno State bank the Butler County bank of Davis City and the Leigh State bank of Leigh. One-third the population of the United States. persons, are transported on street cars every year.


Article from Star-Herald, August 18, 1931

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SMALL BANKS FAIL TO OPEN MONDAY Pleasant Dale, Dwight, Brainard, Bruno, David City and Lincoln, Aug. 17. small Nebraska banks failed open for business today Gov. Charles W. Bryan and E. Luikart. secretary of the state department of trade and commerce, said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits of approximately $1,180,000. They were the First State Bank of Pleasant Dale: the Dwight State Bank of Dwight, the Brainard State Bank of Brainard: the Bruno State Bank of Bruno: Butler County bank of David City, and the Leigh State Bank of Leigh. Omaha Closings Cause Others Bryan and Luikart said officers of the banks decided to close them so that all depositors would have greater chance of sharing equally in the banks bunds. They said the Leigh State bank had its reserve funds deposited in the South Omaha State bank, which closlast week and that the other five banks that funds on deposit with the Union State Bank of Omaha, which also closed last week.


Article from Lincoln Journal Star, August 22, 1931

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GOVERNOR APPOINTS RECEIVERS OF BANKS GEORGE E. HALL TO HAVE STATE BANK OMAHA. Bryan Says That Efficiency and Not Locality or Politics Control Choice. Governor Bryan announced apant receivers recently failde pointment the following assiststate banks: George E. Hall, Lincoln, State bank Omaha. Barak, Petersburg, South Omaha State bank. Haase, Norfolk, Farmers Merchants, Benson. W. M. Whalen, Lincoln, First State bank, Reif, Bloomfield, Leigh State Brozek, Chadron, Bruno State Bruno, and bank of Wisda, Ord, Butler County State bank, David City. Ruzicka, Schuyler, Dwight State bank, Dwight. Lincoln, State examiner in charge of Union State bank, Omaha. Secretary Luikart of the department of and ceiver of all state banks and the will as his assistants in liquidating the failed banks under their charge. M. Morrisey, former chief justice, had been appointed for receiver the State Bank of Omaha, Eugene O'Sullivan, attorney for the receiver the South Omaha State bank, Harland Mossman for the Union State and Howard Saxton for the Farmers and Merchants bank of Benson. These attorneys all reside in Omaha. Governor Bryan announcing said policy the of and use the efficient receivers the staff rather than to make local political The appointees are now charge of banks and have shown liquidating for the benefit depositors, said the governor. He stated that he had received letters some petitions in one day written in the interests one but had thought not the best interests the depositors to appoint the man. "These assistant receivers are skilled bankers, said Governor Bryan, "and have their present works so arranged that others can take their places these highly trained men assume duties where.' Most of the attorneys appointed (Continued on Page 5.)


Article from The Lincoln Star, August 22, 1931

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BRYAN APPOINTS BANK RECEIVERS Experienced Agents Get Preference Over Local Men. Effort Being Made To Reopen Union State At Omaha. Instead naming local applicants Omaha acting receivers banks which recently failed in those communities, who have had previous men experience in handling such institutions and shown their ability convert assets into money for the benefit given the for those positions. of nine ppointments agents charge banks have their doors during the weeks Saturday by Governor All those assigned take charge the were chosen from list of men employed for such duty. They E. Hall, Lincoln. State bank of Petersburg. South Omaha State bank, Omaha Haase, Norfolk. Farmers bank, Whalen, Lincoln. First State Dale Bloomfield. Leigh State Brozek Chadron. Bruno State Bruno, Bank of BrainBrainard. County Schuyler. Dwight State Dwight Lau, examiner in charge, Wants Most Efficient Men. important posts and filled men who know need said Governor Bryan. "Having in the the the most utilize and efficient the deparment's staff than banking local people assistant appoint may not prove receivers qualified for the have been in service These men for some and of assets their for to the largest money for requests have come from the to have this that from man apapointed. letters support of from Omaha ticular applicant, and letters and in other behalaf had been received the day believe the before. better fare of the depositors putting trained asserved sistant declared he The B Page


Article from Omaha Sunday Bee-News, August 23, 1931

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HALL RECEIVER OF STATE BANK George E. Hall, Lincoln, former state treasurer, was named assistant receiver of the State Bank of Omaha Saturday by Governor Bryan. Other assistant receivers named for Omaha closed banks are: A. J. Barak, Petersburg, South Omaha State bank; J. E. Haase, Norfolk, Farmers and Merchants bank, Benson; C. A. Lau, Lincoln, state bank examiner, Union State bank. Assistant receivers named for out-state banks are: W. M. Whalen. Lincoln. First State bank of Pleasantdale: L. H. Reff. Bloomfield, Leigh State bank. Leigh: T. J. Brozek. Chadron, Bruno State bank, Bruno, and Brainard State bank at Brainard: J. C. Wisda. Ord, Butler County State bank of David City: E. E. Ruzicka, Schuyler, Dwight State bank of Dwight. The governor said he had ignored scores of requests for political appointments and was naming experienced men as assistant receivers. "In placing these men in charge of the banks named we are transferring them from other receiverships where they have shown utmost efficiency in conserving assets for depositors and winding up affairs of the institutions under their charge,' Bryan said. "The banks relinquished by the men named Saturday have been so organized that they can be handled by other men.' E. H. Luikart, secretary of the department of trade and commerce, is the receiver for all the closed state banks. The assistant receivers will have actual charge of the affairs of the banks.


Article from Omaha World-Herald, August 23, 1931

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Bank Receivers Named Lincoln, Neb., Aug. 22 LP)-Governor Bryan today announced the appointment of the following assistant receivers for closed state banks outside of Omaha: W. M. Whalen, Lincoln. in charge of First State bank of Pleasant Dale: L. H. Reif, Bloomfield, Leigh State Bank of Leigh: T. Brozek, Chadron, Bruno State Bank of Bruno, and the Brainard State Bank at Brainard: J. C. Wisda of Ord, Butler County State Bank of David City: E. E. Ruzicka, of Schuyler, Dwight State Bank Dwight.


Article from The Sioux City Journal, August 25, 1931

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VETERINARIAN Given to Sick Serum Man but Death Comes Frank Lynch, Suvverkruble, veterinary living near Neb., dead of anthrax. Dorsey, had been given serum but He his condition was very serious from the start. He sick for five days. CLOSED BANK RECEIVERS ARE CHOSEN BY BRYAN Lincoln, Special: Gov. Bryan announced appointment following receivers recently failed state banks:! H. Reif. Bloomfield, Liegh State bank, Leigh: Brozek, Chadron, Bruno State bank, Bruno, and Bank Brainard, Hall, Lincoln, State bank Omaha; Barak, South Omaha State bank; Haase, Norfolk, Farmers Merchants, M. Whalen, Lincoln. First state bank, PleasantButler county state David City: E. Schuyler, Dwight State bank, Dwight: Lad, Lincoln, state examiner in charge of Union bank, Omaha. Secretary Luikart of the 5ment of trade and commerce, receiver all failed state banks and appointees serve his assistants. Gov. Bryan said was the policy of the department trade commerce to use the most efficient on the staff rather than to make political appointments. FLORIDAN ORDERS COYOTES FROM NEBRASKA RESIDENT paper publicity does pay, in the opinion of Edward Winkler. man residing Verno Beach, Fla., dered two baby coyotes from him after reading of coyote captures. According trouble should be experienced in filling the order. TIN CAN POISONING IS FATAL TO SEVERAL PIGS Emmett, D. H. Bennett O'Neill diagnosed affliction that killed several pigs the Guy Beckwith ranch tin poisoning. Buttermilk had been allowed stand several days. Acid forming the milk thought to have corroded the tin.


Article from The Brainard Clipper, September 17, 1931

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DEPOSITORS COMMITTEES SELECTED AT BRUNO AND DWIGHT Meetings of the depositors of the closed banks Bruno and Dwight were held last Saturday. at Bruno in the afternoon and at Dwight in the evening. A depositors comm ittee was selected at each meeting to help the bank receiver in his work The Bruno committee: Dr. Jelinek. James Wittera and Frank Chmelka. The Dwight committee: Dr. Srb, John Hottovy, Sr., James Krenk Joseph Kalina and Albert Mares; Frank Semin, alternate The Ohio Oil Co. drilling outfit is drilling fourth core hole on the nard. The first hole completed was 540 feet deep. the second over 500 feet and the third was down over 200 when hammer was accidently dropped into the hole and they had to abandon it. The fourth hole now down about 500 feet and they intend to go about 400 feet deeper


Article from York News-Times, January 16, 1932

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DIVIDEND PAYMENTS vidend payments in the amount were announced today for depositors failed state banks. The the Dwight State bank, at Dwight, Neb., were granted 35 per cent dividend from liquidation of bank assets, amounting to Depositors of the South Omaha State bank were given per cent dividend amounting to


Article from The News Cedar Bluffs Standard, November 10, 1932

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COUNTY SEAT NEWS (Wahoo Wasp) The Saunders County Farm Bureau, through their attorneys, Schiefelbein & Donato, filed an appeal in the district court last Monday in the question of the right to have Farm Bureau bolloted on at the election Tuesday. Judge Landis held a conference Tuesday with the interested parties and the question will go on the ballot. Nellie Barry, as administratrix of the estate of Margaret Barry, has filed suit against Anton Krafka, Edna M. Krafka, Frank Podhaisky, George H. Cronkleton, receiver of the Saunders County National Bank, and E. H. Luikhart, receiver of the Nebraska State Savings Bank for two notes and mortgages for $3000 each. Chas. H. Slama, attorney. E. S. Schiefelbein has filed petition against Leo May et al on taxes on lot 2, block 2, Memphis. Fremont National Bank has filed suit against John Henkens on note of $1200. Inez Pollard Mannbeck has filed a suit against Thomas O. Pollard for an accounting of rents and profits from her farm since October 4, 1924. Petition charges that her grandfather gave her the W 1-2 of SE 1-4 Section 7, 12, 9 on the above date when she was a minor. The defendant, her father, took charge of her property without taking out lei ters of guardianship and has made no accounting. Chas. E. Shotwell and Frank E Childs have filed suit in equity against Clara Ruzicka, minor, above the age of 14 years, et al on Section 16,1 and 21, all in township 16, 9, J. H. Barry, attorney. Decrees Entered. W. H. Sutton vs Herman Bostrom. Decree entered. First and third cause dismissed. Plaintiff's second cause allowed, and cross petition Mary Jane Doom is allowed as second lien and fourth lien allowed plaintiff on SE 1-4 33, 16, 8. Faustin Bor VS Eleanor plaintiff has first lien of $2,134.16, Dwight State Bank receiver has second lien of $2,345, and First National Bank as administrator of Ellen Taylor estate $1391 as third lien. Judgment Given Luther College Judge L. S. Hastings was in Wahoo on Wednesday and handed down a decision in a very important case which was tried in July before the court and taken under advisement. Briefs were prepared by attorneys on both sides and submitted to the court. The case had to do with the bank failures in Wahoo. Emil Benson was treasurer of Luther College and embezzled something around $19,811. This discovery was made when the Citizens State Bank was closed in the spring of 1930. Benson was an officer of the bank also. Luther College sued Benson and American Surety Co., who was his bondsmen, for the full amount of their bond of $10000 The court's entry on the dockets is as follows: Finding generally for plaintiff, and that the plaintiff is entitled to recover from the defendants the sum of $10,000 with 7 per cent interest thereon from Sept. 7, 1930, and an attorney fee for plaintiff's attorney of $700 and costs of suit. Judgment was rendered against both defendants for $10,000 and interest, but the attorney fees are against the American Surety Co., only. Hendricks and Kokjer were attorneys for Luther College. District Court Notes Saunders County Farm Bureau. through their attorneys Schiefelbein and Donato, filed an appeal in the District Court last Monday in the question of the right to have theFarmAgent balloted on at the election next Tuesday. Judge Landis held a conference with the interested parties and the question will go on the ballot. Nellie Barry, as administratrix of the estate of Margaret Barry, deceased, has filed suit against Anton Krafka, Edna M. Krafka, Frank Podhaisky, George C. Cronkelton as receiver of the Saunders County National Bank and E. H. Luikart, receiver of the Nebraska State Savings Bank for two notes and mortgages for $3000 cach. Chas. H. Slama, atty. E. S. Schiefelbein has filed petition against Leo May, et al on taxes on Lot 2, Block 2, Memphis. Fremont National Bank has filed suit against John Henkcns on note of $1200. Inez Pollard Mannbeck has filed suit against Thomas O. Pollard, for an accounting of rents and profits of her farm, since October 4, 1924. Petition harges that her grandfather gave her W1-2 SE1-4, See 7, 12, 9, on above date while she was a minor. The defendant, her father took charge of her property without taking out letters of guardianship and has made no accounting. Chas. E. Shotwell and Frank E. Childs have filed suit in eqmy against Clara Ruzicka, minor, above theage of 14 yrs et al, on Sec. 16, 17, and 21, all in township 16 ,9 J. H. Barry, atty. (Courtright, Sidner, Lee & Gunderson, Attorneys)


Article from Lincoln Journal Star, November 11, 1933

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OWES RECEIVER Among unsecured creditors, volbankruptcy petition Frank surance Dwight, Luikart, receiver Dwight State bank, claimant the judgment on petitioner's stock liability. Total debts all unsecured, while assets are listed including $8,000 surance policies. other Ulysses, John Dwight, Philip Novak, Dwight, five notes, Elenora Tomes, three notes,


Article from The Daily Record, March 12, 1934

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SUPREME COURTSNEBRASKA Syllabi LIARCH 1934. The following oponions were filed by the Court 28583. Dillon V. Sears Roebuck Co. Appeal, Douglas. On motion for rehearing Affirmed if Appellee file remittitur of $1,200 within 20 otherwise reversed and remanded. Day. J. Paine, J., dissenting Admission made by party inconsistent with testimony merely to credibility as 2. Where evidence is sufficient to support for for false imprisonment, wether defendant's acts amounted to false imprisonment question of fact for jury Restraint of person is essential to false Such restraint may be by threats as well as by force. if the and conduct are such as to induce reasonable apprehension of fear of injury to person. reputation, or property Principal liable for acts of agents who act of authority in an action for false imprisonment District manager and manager of local store in charge of property and business of act within scope of authority when they investigate or permit investigation of employees as to fidelity and honesty. One who aids or assists in unlawful imprisonment of another is liable as principal. Where corporation contracts with another for purpose of investigating employees and its authorized agents cooperate with and assist employee of contractor an illegal restraint of person, the corporation is liable. 28674 State ex rel Sorensen V. Dwight State Bank (Plum Creek Township In. tervener). Appeal, Butler Affirmed. Chase, District Judge. In order for to become legal under the statute, for township moneys, must make application therefor, and the governing body of the township must take positive action approving such application. Where public are left with a bank by township treasurer without such bank having made application for deposit of such funds, or being designated by the governing body of the township depository, and which are mingled with the general assets of the bank, such assets will be impressed with trust to the extent of any balin favor of the township as against the receiver of the bank.