334001584 33400
national
d2258858964a97f7None
WEST POINT NATIONAL BANK FAILS TO OPEN West Dec. Point National bank has closed doors to business. No reason for the closing has yet been made public. Bauman, president the institution. H. Bauman vice president; W. cashier, and B. Fisher and E. R. assistant cashiers. The bank established 1885. The Nebraska State bank was closed about year ago but cently re-opened as the Farmers and Merchants State bank, following reorganization.
Finds No Need For Rush Money dren were to Point, Neb. Dec. Spe to The News prepare on bank deposits aft. the closing of the West Point National bank here Saturday morning. Wenzel Kondelo. president First National Bank of HIDES
Closes The West Point National bank of this city voluntarily closed its doors Saturday morning, December 12th, by action of the Board of rectors who held meeting the evening before. The Comptroller the Currency took charge of the bank and later receiver, Mr. Manny, appointed who took complete control of the affairs the bank. The real the bank's closing is partly due to the fall of prices in real estate and livestock, and frozen assets. Some of may also be blamed great number people lost confidence in banks and withdrew their money which made the cash in the bank rather According their last statement given out their deposits amounted and their loans and discounts amounted Thus far no statement has been out what steps will taken in the future. The bank was one time considered one of the strongest banks northeast Nebraska. It tablished in 1885. Baumann is president; Baumann, Johnson, cashier; Fischer and Korb, assistant cashiers. Baumann, Mrs. Olive Rich and Otto Stuefer are on the board of directors. pleased to learn that the are people did not become excited when learned the news of the bank they closing and there were no runs on either of the other two banks. means blow to the entire community should try not lose confidence in either of the other banks other business any concern in West Point.
RUSHES RESERVE FUNDS Following the closing of the West Point National bank, Saturday morning, Wenzel Koudele, president the First National bank, prepared for possible run bank deposits by phoning for brought here from the Federal Reserve bank of Omaha. The money rushed here that morning in an airplane. depositors remained confident, and there no rush of withdrawals necessitate use of the money.
MONEY BY PLANE Following closing of the West Point National Bank Saturday morning, Koudele, president of the First National bank, prepared for possible run on bank deposits by phoning for thousand dollars to Federal Reserve bank in Omaha The money rushed plane. However, depositors remained confident, and there was no rush of withdrawals to use money. County Democrat.
(Accounting and Charles Kaup and Emma Schiferl Executors, Conrad Welding (Foreclosure Mortgage.) Elizabeth Maloney Tien, name unknown. (Damages.) Re Application of Peter Ludwig, Adm. Est. Franz Malchow, deceased. (To sell real estate.) H. Nuveman Sophia Sellentin (Partition.) Minna Leitow vs. August Leitow. (Divorce.) Johanna Wickert Alfred Wick (Separate Maintenance.) C. Smith vs. Anna Stephens Guernsey et (Foreclosure Mortgage.) Lloyd M. Maxwell Henry Schorn (Foreclosure Mortgage.) Skaggs Co. Jerman Bros. (On Contract) Christ Hunke Henry Goeken (Foreclosure State ex Sorensen, AtGen. Wisner State Bank. (Receivership.) Re Estate Frank Wickert, Deceased.) Emley VS. Robert Leisy (Foreclosure Mechanic's Lien.) Emma Reimers VS. John Schmad(Bastardy.) First National Bank of Beemer H. West (On Note.) Wallace Oswald (Foreclosure Mtg.) The Travelers Ins. Co. Rollo Hutchinson et al. (Foreclosure Mtg.) Walter Gardels vs. George Miller et al. (Quiet Title.) National Bond Inv. Co. Charles H. Hass. (Replevin.) Henry Roepken George Garland et al. (Damages.) Henrietta Roepken vs. George Garland et (Damages.) E. Manny, Receiver West Point Natl. Bank William Wickert. (On notes.) Katharina Stratman vs. Carl Stratmann (To re-instate Lien.) Jos. Canarsky vs. Louise Canarsky. (Divorce.) The First Natl Bank of Paw Paw, Mich. VS. Stanley Pipal. (On Notes.) Otto H. Zacek XS. Fred Lindemann (Foreclosure Mtg.) Otto H. Piepenbrink vs. Stanley Pipal et (Judgment.) William Thisius VS. Alphonse W. Blye et (Quiet Title.) E. H. Luikart, Receiver Wisner State Bank vs. John Helms. (On Note.) E. H. Luikart, Receiver Wisner State Bank Hugo Leisy. (Stockholders Liability.) William McKinley Nellor et al Charles H. Nellor al. Partition. Re West Point Natl. Bank. (Receivers Applications.) E. H. Luikart, Receiver Wisner State Bank Fergus V. McGuire. (On Notes.) Andrew Larsen VS. Niels Andersen, al. (Foreclosure Mtg.) E. H. Luikart, Receiver Wisner State Bank William H. Fleming. (On Note.) Port Huron Machinery Supply Co. Lincoln, Nebr. vs. Rich. (On Notes.)
MANNYS RENT SASS RESIDENCE Mr. Manny has rented the Herman Sass residence in the east part this city and will move there Monday next week with wife and three children, who have been residing in Greeley. Mr. Manny the receiver charge of the West Point National bank. for the Democrat!
COURT APRIL 17 (Continued from page Emma Lampe vs Clarence Lampe. Separate Maintenance. Mobel Yotter Edward Yotter Divorce. Emma Glissman VS. Francis Kessinger Partition. Anna Leisy vs. The Farmers Mutual Home Ins. Co. al. On Policy. The State Nebraska Nebras ka State West Point. Receivership Adolph Zicht Ralph Case Marie Thompson Everett Thompson. Divorce. Smith Anna Stephens Guernsey et Foreclosure Mtg. State Sorensen, Atty. General Wisner State Oswald et Foreclosure Henry Roepken vs. George Gar land Damages. Henrietta Roepken George Garland Damages Manny, Receiver West Point National bank William On Notes. Canarsky VS. Louise Canarsky. Divorce. Otto Zacek Fred Linde mann Foreclosure William McKinley Nellor Charles H. Nellor Partition. Re Point National bank Applications Larsen Niels dersen Foreclosure Mortgage Re of Ross Bryngel sell Real Estate. Andrew Oleson The County Cuming Tax Accounting Hans Launsby Antoinette Launsby. Divorce. The Fremont Joint Stock Land Bank Louie Kratke Foreclosure Mortgage. Otto H. Zacek Theodor BuchForeclosure Mortgage. Northwestern Paul Stuefer Appeal. John Farley
Zacek Nicholson Notice of Sale Notice is hereby given that by virtue of an Order of Sale issued by the Clerk of the District Court of Cuming County, Nebraska, upon decree rendered May 10, 1933, In favor of plaintiff, in foreclosure action wherein The Fremont Joint Stock Land Bank of Fremont, No braska, corporation, is plaintiff, and Ellis and Marie Ellis, his wife, Baumann, Sarah Giffert, West Point National bank, corand E. C. Manny, Receiver of the West Point National Bank, West Point Nebraska, corporation, are defendents, for the sum of $1,303.67 with interest thereon at eight per cent per annum from May and costs, will, on the 3rd day of July, 1933, at 10 o'clock A. M. of said day, at the west front door of the courthouse of said county, in West Point, Nebraska, sell the following described real estate, to-wit: The Northeast Quarter the Southwest Quarter (NE% SW%) and Southeast Quarter (SE%) of Section Ten (10), Township Twenty-one (21), Range Six (6), except One (1) acre in the Southeast Quarter (SE%) of Section Ten (10), Township Twenty-one (21), Range Six (6), conveyed to School District No. 47 for school ground purposes, and also strip of land "Twenty width around the lake" and subject to telephone company's all East of the Sixth Principal Meridian (6th M.), in Cuming county, Nebraska, containing 200 acres, more or less according to the Government Survey, to the highest bidder for cash to satisfy said decree, the amount due upon said decree being the sum of $1,303.67 together with interest thereon at eight per cent per annum from and after May 10, 1933, and costs thereon and all accruing costs; subject to the lien of the plaintiff under its mortgage for the non-delinquent balance thereof of $12,572.86 as of January 1, 1933. Said Sale to be open for one hour. Dated this 31st day of May, 1933. Charles H. Sass, Sheriff of Cuming county, Nebraska (Pub. June 1, 8, 15, 22, 29, 1933)
FORREST LEAR CHOSEN TO RUN NORFOLK BANK Norfolk, Aug Lear, Norfolk has been appointed receiver for the Norfolk National bank, succeeding Harold Nomland, who has served in that capacity since last August, E. C. Manny, receiver for the West Point National bank has been notified that he will be replaced, but the name of his has not yet been announced.
Manny Resigns as a Bank Receiver Manny, Greeley from West Point Tuesday afternoon to look after matters connected with the First National bank, announced that he had sent his resignation as receiver for national banks to Washington last Saturday. A change in the administration was responsible for Manny's resignation. Other receivers already have been dismissed from the service. Manny decided to resign rather than wait for dismissal. Manny came to Greeley in January, 1930, to take charge of the failed First National bank. ago last winter the West Point Na. tional bank failed and Manny took over the receivership in addition to the Greeley bank. Later bank Madison was added to his charge. Manny enjoyed the friendship and confidence of a wide circle of friends during his stay in Greeley. He and his family were highly esteemed here. Manny said he had no plans to announce for the future. He expects the appointment of a successor within few days.
NEXT The fall term of district court will convene on Monday, October 30. There are only three criminal cases on the for murder, one for burglary and one for theft. The State of Nebraska Forks, murder; State of Nebraska Lloyd and Arnold Clementson, burglary; and State of Nebraska Einar Carlson, theft. The bar docket unusually heavy with civil cases of various kinds but mostly foreclosures and suing notes. The docket is as follows: Herman Meister, Sr. John Rabe al. Foreclosure Mtg. Red Oak Bridge Iron Works County of Cuming Appeal. Francis Lorensen County of Cuming. Farmers State Bank of Altona, Nebraska County Cuming. Appeal. Walter Erickson County of Cuming. Damages. Wisner State Bank William Fleming. Hugo Leisy H. Fleming. Attachment. The State of Nebraska Rel A. Sorensen, Atty. The Beemer State Bank. Joseph Novacek Cuming County Damages. James Surety Farm Loan Recovery. Bella M. Harmon Ruth gory. Partition. Robert Diers Krause Co. On Notes. Olive True Harry True. Divorce. Herman and Emma Lampe Clarence LamSep. Maintenance. Emma Glissman Francis Kessinger al. Partition. Anna Leisy Farmers Mutual Home Ins. Co. Adolph Zicht Ralph Damages. Marie Thompson Everett Thompson. Divorce. Smith Anna Stephens Guernsey et gage. State ex rel, Sorensen, Atty. Gen. Wisner State Bank. Receivership. Wallace wald et Foreclosure Mtg. Henry Roepken George land Damages. Henrietta Roepken vs George Garland Damages. E. Manny, Receiver West Point Natl. Bank William Wickert. On Notes. Jos. Canarsky vs Louise Canarsky. Divorce. Otto H. Zacek Fred Lindemann Foreclosure Mtg. William McKinley Nellor Charles H. Nellor et al. Partition. Re West Point Natl Bank. Receivers Application. Re Guardianship of Ross gelson To Real Estate. Andrew Oleson The County of Cuming Tax Accounting. Otto Zacek holz et al. Foreclosure Chicago & Northwestern Paul E. Stuefer peal. Ayerigg John Farley (Continued page four)
FAILED BANKS GET R. F. C. CASH LOAN Washington, May 24. (P)-Receivers of closed Nebraska banks were' authorized to borrow $2,022,653.43 from the Reconstruction Finance corporation between February 2, 1932, and May 18, 1934, Jesse H. Jones, chairman, reported today. The largest individual loan authorized in Nebraska was $175,000 to the Farmers State Bank of Columbus. The Farmers State Bank of Kearney borrowed $141,750. and the Norfolk National bank received $130,000. Besides the loans to closed bank receivers, the RFC also authorized a loan of $50,000 to the Fremont Mortgage company. The table of loans to closed bank receivers includes Auburn. First National Bank of Auburn. $26,000 First National Bank of Auburn. $23,000. Aurora. Fidelity State Bank, $49,675. Columbus, The Commercial National Bank Columbus, $60,000; Farmers State $175,000. Fremont, The Union National Bank of Fremont, $85,000. Holdrege Phelps County Bank, $50,000. Hooper, Hooper State Bank, $40,000. Litchfield, The First National Bank of Madison. The First National Bank of Madison, $83,000. McCook Farmers & Merchants State Bank, $26,000. Norfolk, The Norfolk National Bank, $130,000 Platte Center, Platte County Bank, St. Edward The Smith National Bank of St. Sterling, First State Bank. $31,000. West Point. The Point National Bank, $50,000; West Point National Bank,