Loup City State Bank (Loup City, NE)

Episode Information

Episode UID
76022771560
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7602277 routing
Routing Number
76-0227
Start Date
December 20, 1929
Location
Loup City, Nebraska (41.276, -98.967)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1a27d2667e7ef093

Response Measures

None

Events (4)
1. December 20, 1929 Suspension
Cause Details
Bank closed (reason not specified in article); treasurer resigned and city/school unable to draw funds
Newspaper Excerpt
Due to the closing of the Loup City State Bank and the resignation of the treasurer Mr. Henry, both the city and school district were without a treasurer
Source
newspapers
2. November 1, 1930 Other
Newspaper Excerpt
Loup City State Loup City, perbank, Beemer. percent, -- (mentions Loup City State dividends paid to depositors during October).
Source
newspapers
3. May 1, 1931 Receivership
Newspaper Excerpt
Clarence G Bliss, Secretary of the Department of Trade and Commerce of the State of Nebraska, Receiver of the Loup City State Bank, a corporation, of Loup City, Nebraska, Intervenor.
Source
newspapers
4. January 13, 1932 Other
Newspaper Excerpt
Sealed bids for the sale of the ... comprising the bank building of the Loup City State Bank, will be received ... R. M. Hauser, assistant receiver in charge of said bank
Source
newspapers

Newspaper Articles (5)
1. December 20, 1929 Sherman County Times Loup City, NE
Article from Sherman County Times, December 20, 1929

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Article Text

Mary Garden is headlining on the Victor Radio hour tonight, commencing at 9 P. M. The city council and the board of education held lengthy sessions Tues day to determine the question of bonds for their newly appointed treasurer. The bonds for the treasurer have been approved. Both the ciity and the school district will be able to meet all obligations in cash from now on. Due to the closing of the Loup City State Bank and the resignation of the treasurer Mr. Hen ry, both the city and school district were without a treasurer and unable to draw the money in the county treas urer's hands. All the latest toilet and perfume gift sets are shown at Swanson's.

2. November 1, 1930 Lincoln Journal Star Lincoln, NE
Article from Lincoln Journal Star, November 1, 1930

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Article Text

DEPOSITORS REPAID Security Savings Bank Gets Final Payments Bring Total $7,000,000. With the payment of dividends of failed banks during October, the total to depositors since Jan. brought Secretary Bliss of the department and commerce, announced Friday. Among the payments October of percent dividend the defunct Savings Beatrice. With this the full perdividend had paid. the State of Johnstown were paid dividend of the depositors settlefund which set under the new law passed the special legislative session. Dividends banks Nebraska State bank Milford. percent, Dixon State percent, Farmers bank Dalton, Commercial Exchange bank of Doniphan, percent, Merchants bank, Utica, 10 percent, Marion State Marion, Citizens State Ravenna, percent, Dodge State bank, Dodge, 10 percent, Breslau State Breslau, percent, Brownlee State bank Brownlee, percent, percent, Nemaha percent, Loup City State Loup City, perbank, Beemer. percent,

3. May 1, 1931 The Brewster News Brewster, NE

Article Text

Notice of Sheriff's Sale Notice is hereby given that by virtue of an order of sale issued by the Clerk of the District Court of Blaine County, Nebraska, in an action wherein Bennington County Savings Bank, Bennington. Vermont, a cor poration is plaintiff and W E Henry whose real name is W. Eugene Henry, Jessie M. Henry, John Doe, whose real name is Earl L. Sears, and Mary Doe, whose real name is Ida Sears, Defendants, Clarence G Bliss, Secretary of the Department of Trade and Commerce of the State of Nebraska, Receiver of the Loup City State Bank, a corporation, of Loup City, Nebraska, Intervenor. I will on the 11th day of May, 1931 at the hour of one o'clock P. M. Standard central time at the east front door of the Court house in the town of Brewster in said Blaine County, Nebraska, offer for sale at public auction the following described lands and tenements to wit: Westhalf, and West-half of the East-half. of Section one, East-half of the Easthalf, and South-west Quarter, of Section two; North-west Quarter of Section eleven; North-east Quarter of Section fourteen: South-half, and North east Quarter of Section thirteen: North half and West half of the South-west Quarter of Section twenty-four; West half of the North west Quarter, and South west Quarter of Section twenty-five, all in Town ship Twenty-three N Range Twenty one, W. 6th P M. containing 2240 acres, more or less, according to Government Survey, situated in Blaine County, Nebraska. Given under my hand this 2nd day of April, 1931. Fred H. Schipporeit, Sheriff. Sidney W. Smith and E H Riggs, Attorneys for Plaintiff, 4-3 5-8

4. January 22, 1932 Sherman County Times Loup City, NE

Article Text

Dated this 5th day of January, 1932. (SEAL) Ronald F. Rowe, County Clerk. 5-8 NOTICE FOR SEALED BIDS Sealed bids for the sale of the following described real estate situate in Loup City, Nebraska, to-wit: The West (W) 23 1/2 Feet of the North (N) 100 Feet of Lot Twelve (12), Block Nineteen (19), comprising the bank building of the Loup City State Bank, will be received at the office of R. M. Hauser, assistant receiver in charge of said bank, Loup City, Nebraska, said bids to be opened on the 3rd day of February, 1932, at Two (2) o'clock P. M. The property to be conveyed to successful bidder by Receiver's Deed, subject to the approval of the District Court of Sherman County, Nebraska, and abstract furnished showing merchantable title with 1931 and prior taxes paid. Bids must be accompanied by a certified check or draft on solvent bank for 25% of the amount bid, balance to be paid on approval by the Court. The Receiver reserves the right to reject any or all bids. Dated at Lincoln, Nebraska, this 13th day of January, 1932. E. H. LUIKART, Receiver of the Loup City State Bank, Loup City, Nebraska. -8

5. June 4, 1932 The Lincoln Star Lincoln, NE

Article Text

Depositors In Two Banks Gets Dividends Depositors in the suspended Farmers' State bank of Mason City have now been paid more than half of the accounts due them at the time the bank closed. Under court order of May 23, the state receivership division disbursed to them an additional 41.69 per cent, amounting to $40,354. There had previously been paid $9,680 as a 10 per cent dividend, so that the total payments to date are 51.69 per cent, or $50,034. Loup City State bank depositors have received another 2 per cent