Silver Creek State Bank (Silver Creek, NE)

Episode Information

Episode UID
7342256791489
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
734225679 hash
Start Date
January 1, 1924*
Location
Silver Creek, Nebraska (41.309, -97.658)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
530597d1f9a71f99

Response Measures

None

Description

Articles state the bank failed in 1924 and is in receivership; judge ordered guarantee fund payment in 1927.

Events (3)
1. January 1, 1924* Suspension
Cause
Government Action
Cause Details
Bank failed in 1924 and was taken into receivership (claims allowed and paid by receiver).
Newspaper Excerpt
depositors ... who since 1924 have waited for their money
Source
newspapers
2. January 1, 1927 Other
Newspaper Excerpt
depositors of the Silver Creek State Bank will be paid January 1, or a few days later.
Source
newspapers
3. December 16, 1927 Receivership
Newspaper Excerpt
District Judge Louis Lightner issued order authorizing the payment to the bank receiver for paying all claims allowed.
Source
newspapers

Newspaper Articles (3)
1. October 28, 1927 Silver Creek Sand Silver Creek, NE
Article from Silver Creek Sand, October 28, 1927

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Article Text

PROMISE, JANUARY PAYMENT. A letter received by this office from Van E. Peterson, secretary of the Guarantee Fund Commission of the State of Nebraska, states that depositors of the Silver Creek State Bank will be paid January 1, or a few days later. A meeting of a number of the depositors was held in Silver Creek Tuesday afternoon, and the matter was discussed. at length, but no definite action taken. At present these claims are draw. ing seven per cent interest, and have been drawing this rate of interest since the claims were allowed in district court.

2. December 22, 1927 Central City Nonpareil Central City, NE
Article from Central City Nonpareil, December 22, 1927

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Article Text

DEPOSITORS WILL GET MONEY BACK Lightner Orders Guarantee Fund to Pay for Silver Creek Bank of the failed Silver Depositors Creek state bank, who since 1924 have waited for their money, may have check from the state guarantee fund in time to be included in the list of good things Christmas. Last Friday, December 16, District Judge Louis Lightner issued order authorizing the payment to the bank receiver for paying all claims allowed. is understood that actual payment entirely possible before Christmas. Quite little interest noted the case, in some measto the magnitude of the loss represented by the total of claims. Following are the judge's notes: In case entitled: State of Nebraska, rel, Spillman, Attorney General plaintiff, vs. Silver Creek State Bank, Silver Creek, Nebraska, Under date of December 16, 1927, the Hon. Louis Lightner, district judge in and for Merrick county, Nebraska, signed an order determining deficiency and causing same certified which in part: therefore, hereby ordered, judged and decreed that the amount required to be drawn from the Depositor's Fund of the State Nebraska to supply the deficiency to the claims which required pay heretofore allowed and paid Hundred Hundred Dollars and Forty Cents that said amount shall drawn from the Depositor's Guaranty Fund of the State of Nebraska the of Department Trade and Commerce turned the receiver this bank for the of paying claims; purpose that upon receipt of amount shall pay said claims heretofore by this court; that the clerk of this court forthwith mit to the secretary of the departrade and of the State Nebraska certified copy of this

3. May 8, 1930 Central City Republican-Nonpareil Central City, NE
Article from Central City Republican-Nonpareil, May 8, 1930

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Article Text

EQUITY SESSION OF DISTRICT COURT Notes made in the District court trial docket by the Louis Lightner. Judge, under date of May 7th, State Nebraska, rel, ex Spillman, Attorney General Silver Creek State, Bank, Silver Creek, Nebraska. Alvin B. Lee given 20 days to file obpections confirmation. State Bank of Clarks VS. Burton Stevenson, Defendant Clarence E. Tanborg having failed to answer accordance with order of April 25th, 1930, junction is permanent. Signed. Village of Clarks Farmers State Bank, Clarks, Demurrer overruled. Plaintiff excepts and given 10 days to reply. Signed. Village of Clarks, Nordgren, et al. Paragraphs and of plaintiff's motions taching certain parts of paraof defendant's answer overruled. graphs strike paragraphs defendant's answers tained. Defendants separately cept. Defendants each given 10 days to amend their answers cordingly and plaintiff given days thereafter reply. Demurof plaintiff and defendants answers overruled. Plaintiff cepts. Kirk, Receiver, Silver Creek State Bank Mark Lamb, Defaults. Trial. Finding for plaintiff and title quieted. Signed.