Scribner State Bank (Scribner, NE)

Episode Information

Episode UID
76028971537
Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Bank ID
7602897 routing
Routing Number
76-0289
Start Date
January 13, 1928
Location
Scribner, Nebraska (41.667, -96.666)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
fa7478f9d6699b74

Response Measures

None

Description

Taken over by State Banking Commission after heavy run; later placed in receivership.

Events (4)

1. January 13, 1928 Run
Cause
Rumor Or Misinformation
Cause Details
Unfounded rumors about the bank's standing prompted heavy withdrawals on the Friday and Saturday before the takeover.
Measures
Directors voted to turn the institution over to the state banking commission; temporary management by state examiner.
Newspaper Excerpt
Rumors concerning the bank's standing had caused heavy run Friday and Saturday
Source
newspapers
2. January 16, 1928 Suspension
Cause
Government Action
Cause Details
Directors turned the bank over to the State Banking Commission and the department took charge; state examiner placed in temporary control.
Newspaper Excerpt
The Scribner State bank was taken over this morning by the State Banking
Source
newspapers
3. May 30, 1929 Receivership
Newspaper Excerpt
Bliss appointed Friday by Judge Spear court Fremont receiver closed state banks in this judicial district... the Scribner State bank among those for which he is receiver
Source
newspapers
4. October 20, 1931 Other
Newspaper Excerpt
E. Luikart... filed application in district court here for permission to sell the remaining assets of the Dodge State bank and the Scribner State bank
Source
newspapers

Newspaper Articles (9)

Article from Fremont Tribune, January 16, 1928

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Article Text

STUDENTS DENY LIQUOR CHARGE MADE Sorenag- sen, state for this district. ents were to face each other before The bank will be operated by the jury of high school principals here today for on rumor in circulation last Fricharges drinking. day that the institution was poor Seventy boys and started run which condents Medill high tinued during that day and on Satdefend themselves againt the dry At the close of business urday. agents' charges that they Saturday the decided holding drunken party at turn to the state, and noticlub early Sunday morning fied the department when the night club raided. that opened business this Student leaders said they arrived under the direction of the at the club after raid, going banking there from the high school senior The Scribner State bank is one of prom. They insisted the party the oldest banks in its section and properly school known for years as the many ficials, and said that for most Barker bank and for many the students. was the first visit under the of the night club. George Bowlus. Fred Volpp


Article from Fremont Tribune, January 16, 1928

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Article Text

SCRIBNER BANK IS TAKEN OVER Scribner State Run The Scribner State bank was takthis morning by the State over and temBanking purchased Mr. Bowlus interest some 20 years ago and was in charge of until last June when he to The deflation period following the war found the with lot of land paper and stocks that could not be upon but the and hoped management weather the storm. When the bank closed had deposits of more The banking department will send man manage bank for will be going institution while the affairs are being cleared up.


Article from Lincoln Journal Star, January 17, 1928

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Article Text

CRETE FOLKS IN PLAY. CRETE. Neb., Jan. play entitled "Miss and the Mikado" be presented Sokol hall Tuesday night, with the following the cast Dymacek, Mrs. Helen Kupka, Joseph Kuncl, Frank Crha, Vae Prochazka, John Mekota, August Pospisil, Steve Skolil, Lillian sel, Fanny Borecky, Norma NoAnna Zajicek, Helen Maca, Lillian Shebl, Helen Vilma Brauer and Frances Stehlik. SCRIBNER BANK TAKEN SCRIBNER, Neb., Jan. The Scribner State bank, one oldest in this section. was taken over the state banking commission Monday. Rumors concerning the bank's standing had caused heavy run Friday and Saturday, and its directors voted to turn the


Article from The Shelton Clipper, January 19, 1928

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Article Text

Receiver Appointed For Snyder Bank The Snyder state bank of Snyder which has been operated by the guaranty fund commission since March 20, 1925, has been placed in the hands of a receiver and depositors will receive an additional 20 per cent. During the operation of this bank by the guaranty fund commission the depositors have received 48 percent. Secretary Peterson of the guaranty fund commission states that the bank had deposits amounting to $314,000 when it was turned over to the commission. The deposits now amount to $165,000. The commission has sold the bank building and fixtures to the Farmers and Merchants bank of Snyder. For the bank building and fixtures the commission received $4,500, also $765 for the conservation fund and $15,685 for notes of the face value of $15,000. Depositors will now be paid $33,500 which is an additional 20 percent of their deposits. There are remaining in the hands of the commission assets of the value of $70,000. The ultimate loss the guaranty fund is estimated at $65,000.-State Journal The Scribner State bank, one of the oldest in that section, was taken over by the state banking commission Monday. Rumors concerning the bank's standing had caused a heavy run Friday and Saturday, and its directors voted to turn the institution over to the state. Lyman Sorensen, state bank examiner is in temporary charge.


Article from The Schuyler Sun, May 30, 1929

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Article Text

IS NAMED RECEIVER FOR SIXTH DISTRICT BANKS Bliss appointed Friday by Judge Spear court Fremont receiver closed state banks in this judicial district. The only closed bank for which receiver named the Farmers State bank of Bond required Bliss, secretary of the state depart ment of thade and commerce, for the banks. Those banks for which he receiver the Dodge bank, the Scribner State bank, Boone State bank, the Farmers bank of Braddish, the Farm State bank Fullerton, Farm State bank of Genoa, the State bank of Clarks, the State bank of Havens, the State bank of Otis Murphy, Lindsay State bank the Farmers State bank Edward.


Article Text

LIGHTNER RETIRES FROM BANK SUIT (Continued from Page One) ceiver matter. The conference between Attorney Beynon and Judge Lightner was not in open court. Another objection made by Beynon to Lightner's participation in based on the fact that the case was to the disLightner was appointed bench by Governor Bryan trict during previous administration. Other cases in which the receivership matter has been heard have come before judges whom Bryan had appointed, Beynon charged, and he believed these judges should be dis qualified The hearing today is to decide the right of Governor Bryan in his attempt to transfer receiverships of failed banks in the state to E. Luikart. newly appointed secretary of trade and of the commerce after he had discharged Clarence Bliss, who was the republican appointee of Governor Weaver as head of the department, and who still holds his appointment by the district courts of the state as the receiver of 200 failed banks. The governor claims that receivof the banking erships are part department and that they are unjurisdiction though receivder his ers are appointed by the courts. There is said to be some contention on the right of the legislature to tell whom they must appoint This is mainly the to contention in the present hearing. Bliss has indicated he will not the transfer of the receiveroppose the applications for ships as long as entered and handled transfers are but he in the regular claims the governor does not have to discharge him from his the right official capacity through the court's appointment. The banks involved in this hearing include the First State bank of North Bend; the Scribner State: Dodge State and the Snyder State bank, all of Dodge county and the Farmers State bank of Belgrade, Boone State bank; Farmers State State bank of Chapman State, Clarks State, Farmers State bank of Farmers State of GenFullerton,


Article Text

BRYAN LISTS ATTORNEYS The controversy now at its height between Governor Bryan and Bank Receiver Clarence Bliss in which the governor is accused of such interference in the labors of the receiver that the latter attempted removal of his office from the co-operation of the state banking department has prompted Governor Bryan to publish the names of the attorneys who have been employed by the receivers and the amounts paid to them in the past. The Governor recently suggested list of attorneys who should be given preference in receivership cases and as these men were of the gov. ernor's political faith, decided ob jections were voiced by the receiver. Employed heretofore in bank cases according to the list given publicity by Bryan are: B. Hurley, Ponca, $735; Allen State bank, Allen; Citizens State bank, Martinsburg State bank, Martinsburg; Security State bank, Ponca. George B. Hastings, Grant, Allen State bank, Allen, and two others. Kelsey and Kelsey, Norfolk, $5,494; Battle Creek Valley bank, Battle Creek; Pierce State bank, Pierce: Enola State bank, Enola: Magnet State bank, Magnet; Meadow Grove State bank. Fred S. Berry, Wayne, $14,605: Beemer State bank, Beemer; Farmers State bank. Bradish: Farmers State bank, Altoona; Farmers State bank. Crofton; Magnet State bank, Magnet; Dixon State bank, Dixon; State Bank of Laurel, Laurel; Orchard State bank, Orchard: Thurston State bank, Thurston; Security State bank, Wakefield. H. Doyle, Fullerton, bank of Clarks, Clarks: Ottis and Murphy bank, Humphrey; Farmers State bank, St. Edward, and two ers. Shurtleff and Spillman, Norfolk, Breslau State bank, Breslau: James C. Guigley, Valentine, $1,220; Browneee State bank, Brownlee; Ranchers State bank, Cody: Valentine State bank, Valentine; Kilgore State bank, Kilgore; American bank Merriman. Crites and Crites, Chadron, $2,502; Chadron State bank, Chadron; Wayside State bank, Wayside; Farmers bank, Crawford (sale). W. A. Meserve, Creighton, $2,051; Security bank, Creighton; First State bank, Bazille Mills. Dolezal, Mapes and Johnson, Fremont, $4,456.61; Dodge State bank, Dodge; Farmers State bank, Ames; Dodge county bank, Scribner: Snyder State bank, Snyder; Farmers State bank, Genoa. Swarr. May and Royce, Omaha, $13,942.19; Scribner State bank, Scribner; Snyder State bank, Snyder; Brown county bank, Long Pine, and two others. Hammond, $226; Inman State bank, Inman. Sidney Frumm, Dakota City, $2,210; Bank of Dakota county, Jackson; First State bank, Nacora: State bank of Laurel, Laurel; Bank of South Sioux City, South Sioux City. NORFOLK MAN FOUND DEAD City authorities at Norfolk were called the home of Gus Bartholoto mew on Monday to ascertain if possible the cause of death of Hillard Bartholomew; 24 years old, whose body was found in the home garage by his father. From all indications the young man had committed suicide. Examination by the authorities proved that he had taken the car belonging to his father on Sunday evening without the knowledge of his parents and contrary to instructions from them. He had been out late in the evening and overturned the car. It was also learned that he had been drinking. The body of Bartholomew was found lying near the exhaust of the car; all doors to the garage were closed.


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WOULD SELL BANK ASSETS Luikart Wants to Close Out Dodge and Scribner Institutions. FREMONT. (UP). E. Luikart, the state departof trade filed in district sell the reassets of Dodge State and the State bank. application sets forth that the May, 1929, and that their assets have reduced to cash almost as far possible. Advisability of continuing the receiverships is questioned petition.


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SELL ASSETS Luikart Wants to Close Out Dodge and Scribner Institutions. FREMONT. (UP). E. H. Luiksecretary the state department of trade and commerce, has filed application district court here for permission sell the remaining assets the Dodge State bank and the Scribner State bank. Luikart's application sets forth that the banks closed May, 1929, and that their assets have been reduced to cash almost far possible. Advisability of continuing the receiverships questioned petition.