Malmo State Bank - Malmo, NE

Episode Information

Episode UID: 76109971596
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 7610997 routing
Routing Number: 76-1099
Start Date: December 29, 1932
Location: Malmo, Nebraska (41.266, -96.722)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 71bf1fe5eb5aece4

Response Measures

None

Description

Article refers to the bank's receiver handling disposition of assets, indicating it is defunct.

Events (1)

1. December 29, 1932 Receivership

Newspaper Excerpt: The receiver of the Malmo State Bank was authorized to accept $110 from the Wahoo State Bank in full payment for the following equipment belonging to the defunct Malmo Bank: 1 nest of 50 safety deposit boxes, $50, and 1 Burroughs electric posting machine number, $60.
Source: newspapers

Newspaper Articles (1)

1. December 29, 1932 Ashland Gazette Ashland, NE

Article Text

Myrtle B. Berggren in a petition asks the court for an injunction restraining the Sheriff and the Merchants National Bank from attaching any of 200 acres of land 2 1/2 miles west of Mead on highway 16, or any crops accruing therefrom. The alleged judgment was for $632.50 and was granted to the bank in Shawnee county, Kansas, and transcripted to this county. Joe F. Berggren, attorney. The court decreed that Carl Wiedenbeck has a first lien on one 40 acre tract and Della Simpson a first lien on a second 40 acre tract belonging to Ernest P. Gibson, 1 1/2 miles west of Mead on highway 16. Said land to be foreclosed unless payment is made. The court authorized the receiver of the various banks named below to accept the amount set opposite the names of the following named persons as full settlement of their individual debts to said banks: Bernt E. Johnson, $263.57, Farmers & Merchants Bank of Weston; Bernt E. Johnson, $351.43, Citizens State Bank of Wahoo; Elmer and Emil Bern, $1,000, Citizens State Bank of Wahoo; Axel Bostrom, $75, Malmo State Bank of Malmo. The receiver of the Citizens State Bank was authorized to deed 80 acres of land one mile south and 7 1/2 miles west of Malmo to The Lincoln Joint Stock Land Bank for $200. Said bank having a first mortgage on the land in the amount of $5,911.51. The receiver of the Weston Bank was authorized to accept from Max Dolezal, $18 in cash as full payment on two gas pumps now in receiver's possession. The receiver of the Malmo State Bank was authorized to accept $110 from the Wahoo State Bank in full payment for the following equipment belonging to the defunct Malmo Bank: 1 nest of 50 safety deposit boxes, $50, and 1 Burroughs electric posting machine number, $60. The receiver of the Citizens State Bank was authorized to accept $3500 from Emma and Annette Bostrom as full settlement of their indebtedness. Selma M. Anderson and Amanda Turnwall were decreed to be the owners of a $2500 mortgage on 40 acres of land belonging to Joseph and Cecelia Pecka located 3 miles east of Valparaiso. The Citizens State Bank upon paying all costs in said action is to be released from all liability on account of trust claims of parties to this action. The court ordered the receiver of the State Bank of Touhy to accept a claim of $10,000 from the receiver of the Saunders County National Bank. Said claim based upon misapplications and to have same consideration as other claims.