Beemer State Bank (Beemer, NE)

Episode Information

Episode UID
76044371537
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7604437 routing
Routing Number
76-0443
Start Date
January 1, 1928*
Location
Beemer, Nebraska (41.930, -96.812)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4df65aaeb22ebe18

Response Measures

None

Events (2)
1. January 1, 1928* Suspension
Cause
Bank Specific Adverse Info
Cause Details
Shortages and large embezzlements by president Paul Wupper disclosed, leading to failure.
Newspaper Excerpt
The bank failed when the shortages were disclosed.
Source
newspapers
2. June 4, 1929 Receivership
Newspaper Excerpt
on JUNE 4, 1929 ... Clarence G. Bliss, Secretary of the Department of Trade & Commerce, was appointed receiver of the Beemer State Bank, Beemer, Nebraska
Source
newspapers

Newspaper Articles (16)
1. June 20, 1929 The Beemer Times Beemer, NE
Article from The Beemer Times, June 20, 1929

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NOTICE TO CREDITORS OF THE BEEMER STATE BANK BEEMER, NEBRASKA, TO FILE CLAIM Notice is hereby given that on JUNE 4, 1929 the Honorable Ciinton Chase, Judge of the District Court of Cuming County, Nebraska. wherein the undersigned, Clarence G. Bliss, Secretary of the Department of Trade & Commerce, was appointed receiver of the Beemer State Bank, Beemer, Nebraska, made and entered an order pursuant to the terms of which all creditors and persons having claims against said bank are ordered to file the same with the said Clarence G. Bliss, Secretary of the Department of Trade & Commerce, receiver, at his office in the city of Beemer, Cuming Countv, Nebraska, or with the clerk of the District Court of Cuming County, West Point, Neb- raska, on or before the Brd day of August, 1929, under penalty of having their claims not 80 presented forever barred, unless for good cause shown, the Court shall by order direct payment thereof within six months after said day. Hearing on claims shall be had at the County Court House in Stanton County, Stanton, Nebraska, upon the 2nd day of September, 1929, at 10:00 o'elock A. M. or as soon thereafter as they may be heard. Any creditors not receiving through the mails proper forms for filing claims may procure them from the receiver at his office in the Beemer State Bank, Beemer, Nebraska, or from the clerk of the District Court at West Point, Cuming County, Nebraska. Clarence G. Bliss, Secretary, Department of Trade & Commerce, Receiver.

2. January 17, 1930 The Pender Republic Pender, NE
Article from The Pender Republic, January 17, 1930

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Article Text

Wupper is Sought Abroad German Newspaper Prints Notice That He Is Wanted An issue of the "Neukoelinische Zeitung", a newspaper published in Berlin, Germany, was received at West Point last week and a notice indicating the German pelice force is looking for Paul Wupper, Beemer banker who is charged with abscond ing with approximately $1,000,000 from the Beemer State bank, of which he was president. The notice, translated, read: "Am erican bank president wanted: Since the year 1928, the president of the State bank of Beemer, Neb., disap peared after embezzling $1,000,000 The president, Paul Wupper, is a native of Germany and it was first though that he had gone to South America. This has not proved true The American authorities have ascertained that he went to Europe. They believe he will try to make connections with German bankers. Wupper, for whose arrest a reward of $3,150, is offered, is 21 years old, about 1.7 meters tall, has light blond hair and brown eyes. He speaks German, English and French. Any information about him is requested in Berlin, office F6 of the criminal police department." The state of Nebraska has offered rewards for his capture and conviction on the embezzling charges The bank failed when the shortages were disclosed.

3. 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,

4. March 26, 1931 Cuming County Democrat West Point, NE

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District Court to March 30 Convene District court will convene Point March 30, with West Clinton Chase of Stanton, presiding. Equity cases will be heard the and the jury will be first week called for April 7th. There are cases and 68 civil criminal on the docket ready to be tried disposed of during this sessions which are as follows: Criminal Cases The State of Nebraska VB. Ford Truck Model Motor Number 2514831. Appeal. The State of Nebraska VS. Wiltom Wendt. Appeal. The State of Nebraska VS. Eart Feyerherm. Cattle stealing. The State of Nebraska VS. Ed Sisson. Auto theft. The State of Nebraska VS. Chester Kramer. Possession of still. The State of Nebraska VS. Wilnam Camin. Hog stealing. Civil Cases Floyd N. Wells VS. Joe Passer. On note. Herman Meister, sr., VB. John E. Rabe et al. Foreclosure Conde bank VS. Farley Bros., et: On foreign judgment. Red Oak Bridge Iron Works VB. County of Cuming et al. Appeal. Francis Lorensen vs. County of Cuming. Appeal. Farmers State bank of Altona, Nebraska, VS. County of Cuming Appeal. Carl Von Seggern et VS. Emil Von Seggern. et al. Foreclosure mortgage. W. H. Mullen Henry H. Preuss. On note. Walter Erickson VS. County of Cuming, Damages. Wisner State bank VB. William H. Fleming. Attachment. Hugo Leisy William H. Fleming. Attachment. Clara Belmer et al., VS. Carl O₂ Whisler, et al. Cancel deed. Mary Somer VS. Andrew Sperl et al. Partition. Wilfrid Fleming VS. Wisnew State bank et Quiet title. Agnes Gatzmeyer Jacob Burnell Gatzmeyer. Partition. The State of Nebraska ex rel OF Sorensen, Attorney General, VSL The Beemer State bank. Receiver ship. James Clark VS. Hazel Clark. Divorce. Manderville Havens VS. Bessie Fleming et al. Tax foreclosure. Anna Stepanek VS. Rudolph Renter. Bastardy. John Severson VS. Margaret MoKenzie, et al. To quiet title. Wilton Wendt Lizzie H. Black. Slander. The Union National bank of Fremont VS. The Village of Beemer et On warrants. The Union National bank of Fremont VS. Emil Rabbass et al. Equity. The Union National bank of Fremont vs. Joseph Kellinghaus et at Equity. Joseph Novacek VS. Cuming counDamages. Jabe B. Gibson vs. Andrew R. Oleson et al. Tax foreclosure. James P. Moran VS. Surety National Farm Loan Ass'n. at. Recovery. Arthur W. Kuester VS. County of Cuming et al. Injunction, James C. Quigley VS. George B. Ott. On note. Mary Jane Nelson vs. Edward Nelson. Divorce. George Parker, Receiver of Farmers State bank, Altona, Ne braska, VS. Louis W. Leuhrmann et al. Stockholders liability. (Continued on page 4)

5. April 2, 1931 The Des Moines Register Des Moines, IA

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NEBRASKA BANK FUGITIVE FOUND Gives Self Up After Arrest As Bigamist. PHILADELPHIA (AP) Paul Wupper. also known as Freder ick Brinkman, facing bigamy charges in the municipal court Wednesday startled court officials by identifying himself as the former president and embezzler $1,000,000 from the Beemer bank. state institution of BeemWupper was held for extradition after police had identified him as the fugutive for whom $3 150 reward was offered after the closing of the bank in 1928. Police said upper told them he fled to New York when bank examiners visited the Nebraska institution in 1928 because he had taken so much money and the bank held quantity of assets that could not be liquidated. Hid in New Jersey. He told of then going to TrenN. where became su perintendent of an electric company His bigamous marriage, he said was contracted here last year when he was by Police Magistrate John P. Grelis He said he left his second wife when he lost his position. Felt He'd Be Caught. Wupper told the authorities he had got tired of being hunted "I felt that or later would be caught he was quoted by police as saying and thought this was good time to make clean breast of things and case my 'I had been president of the First Wife at Beemer. His first wife police stated is finance Caroline Windshum Wupper, who Tr lives in Beemer with their two daughters. After Wupper's confession. the authorities communicated with M. L. Endres sheriff of Lincoln Neb., who wired back. Further identification of the was found in in the rogue's gallery Police said wered the description of fugitive 52. tall and slender who speaks German fluently Shares Shares

6. April 2, 1931 North Platte Daily Telegraph North Platte, NE

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TROUBLE FALLS HARD UPON WIFE, FAMILY (Continued from Page One) sistant cashier of the bank. Severs is under a seven year sentence and Lallman under a five year Both have been in prison about two years. At Beemer, citizens were incredulous when they first heard of his arrest. They received such reports before and found them false. Mayor E. L. Fried said the sentiment was much against Wupper. FORGERIES RUN HIGH. Bank Commissioner ge Woods today said court rulings had charged Wupper with forgeries totalling $794,875.84 and also with default of cash and ac. counts of the Beemer bank totaling $107,284.44. His shortage was first discovered by state bank examiners. He disappeared and charges were filed against him. Two other banks closed as a result of the Beemer bank failure. The Morse Bluff bank closed with deposits of $450,000 and authorities charged Wupper had unloaded worthless notes for $30,000 on that institution. The McLean, Neb., state bank of which Wupper also was president, closed with deposits of approximately $166,000. It also held worthless notes, officials said.

7. April 9, 1931 The Tennessean Nashville, TN

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Given 110 Years by Home Folks WEST POINT. Neb., April day was imposed on Paul Wupper, who immigrated from Germany to become president of the Beemer. Neb., State bank, which collapsed in 1928. He pleaded guilty in district court to 10 forgery offenses, each which contained counts. For each offense he was fined $500. For the first he was sentenced to 20 years in prison, and for each the nine others years. The Judge Clinton Chase said. would run Wupper, who is 54 years old. for more than dozen years ruled Beemer mayor. Marital troubles in Philadelphia where was held for bigamy, led to his return to Nebraska. DENY CAROL'S AFFINITY WASHINGTON, April Published reports that King Carol II, soon might announce his engagement to princess of the house of Bourbon were denied night by the Rumanian legation in formal statement.

8. May 5, 1931 Lincoln Journal Star Lincoln, NE

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AWARD Former Beemer Banker in Affidavit at Lancaster Supporting Claim of Woman. The $3,250 rewards offered for arrest and of should second wife of the banker, an affidawt Sunday the The state offered $2,500 and the will come from visited Wupper Lancaster Sunday morning with Max Towle. story, backed by the fugitive ried last in the east, is that had him arrested for and brought back from While the latter city, sent for and told her the whole story, she passed the word the authorWupper wrecked the Beemer bank some years ago and fled while was reported several times to have seen in Germany, and much and money spent fruitlessly trying trace brought Nebraska he he had Beemer with bank in effort money the bank, and kept left the country, he

9. July 8, 1931 Osmond Republican Osmond, NE

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HOPPER PESTS New Demands Made on Nebraska's Governor for Poison Bait partment of agriculture further for assistance in requests combatting the grasshopper menace to crops in the northern part of the state, farmers in Keya Paha and Rock counties having sent petition to the department and reports from Dixon and Cedar counties indicate the insects are invading that terriFarmers abandoned hope of saving small grains and are turning all efforts to saving the corn crop. The petition has been turned over to Governor Bryan who will probably draw more money from the pest eradication fund to aid farmers in the more recently afflicted territory. total of was placed the disposal of the county boards of Boyd and Knox counties, to be among farmers unable to buy poison to kill the Secretary Felton of the agriculture department stated that the mild winter 1930-31 the cause of many grasshoppers and says that unless winter severe the insects will much worse next summer, they are not curbed now. BANK CASE APPEALED TO SUPREME COURT Lincoln. appeal has been filed in the supreme court from the refusal of District Judge Chase of Cuming county to allow Mrs. Mary Schückbernd $3.000 against the Beemer State bank Schlickbernd's husband left Mrs. worth liberty bonds in the the bank, which paid her and the on the other bonds for number of years before the bank. of which Paul Wupper was president, failed Schlickbernd died in 1922. widow never had seen the bonds, but had her husband's word cashier's receipt that they the bank The cashier said Wupper sold the bonds and placed the money in the bank to supplant worthless assets and that when the institution failed there an $800,000 shortage. LAKE NEAR KEARNEY BEING IMPROVED Workmen here this week doing improveMill ment Lake park, west of here. The premises have been fenced and trees set out Work well along on the construction of new dam, whereby the waste from the lake and canal be regulated large, high dam being constructed, dirt being cured from the west bank and to the dam site with the aid of slips. Spillways and sluice will be constructed as needed. With of the dam. water in the lake can better be regulated and the loss of fish, into the canal checked. An additional supply of large fish will be transferred the lake the lake larger shortly, giving stock game fish planned to feed fish plenty, so to spoil the anglers chances, and thus spur the rapid propogation of game fish in the lake. NEW MOVEMENT OF INTEREST TO BOYS Norfolk, sponsoring Troop for 10 successful years, the Norfolk and the Rotary club are closing the of the oldest Boy Scout history troop the Covered Wagon area and in The young organization substituting in its place program for boys this city to known as the "Pioneer Movement." The boys who become pioneers will engage in activities similar those Scout work, Moor, general secretary of the has stated. addition the boys will ceive training more closely conducted with the church. SNAKE IS BEDFELLOW Le Panto, Ark. (UP) When Wolf awoke from nap he found large water moccasin coiled his thigh. waited until around the snake released its coil and then shook Wolf said. KNOX COUNTY FIELDS Neb. (Special) Grasshoppers appeared in Knox one and one-half county, miles north of here where they have destroyed one 20-acre field of bar ley and have moved into adjoining oats fields. close inspection of the barley oats fields shows that the grains cannot mature and the only hope for the farmers to salvage to cut the grain rough feed. Corn still looking fine clean of weeds and with rain will make good crop

10. July 10, 1931 The Pender Republic Pender, NE

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HOPPER PESTS FIELDS New Demands Made on Nebraska's Governor for Poison Bait partment of agriculture receiving further requests for assistance combatting the grasshopper crops the northern of the state, farmers in Keya Paha and Rock counties having sent petition the department reports from Dixon Cedar counties indicate the insects are invading that territory Farmers have abandoned hope of grains and are turning all efforts saving the corn crop. The new petition has been turned over to Bryan who will probably draw from the pest fund to farmers in the more recently afflicted territory total of was placed the disposal the county boards of Boyd Knox counties, to be distributed among farmers unable buy poison to the grasshoppers. Secretary Felton the agriculture department stated that the mild winter of the cause of many grasshoppers and says that unless winter is severe the insects will be much worse next summer, if they are not curbed now. BANK CASE APPEALED SUPREME COURT Lincoln, appeal has been filed in the supreme court from the refusal of District Judge Chase of Criming county to allow Mrs. Mary Schlickbernd preferred claim for $3,000 against the Beemer State bank. Mrs. husband left worth of liberty bonds in the care of the bank, which paid her the interest on the other bonds for number of years before the bank, of which Paul Wupper was president, failed. died in 1922. His widow never had seen the bonds, but had her husband's word and cashier's receipt that they were at the bank. The cashier said Wupper sold the bonds and placed the money in the bank to supplant worthless assets and that when the institution failed there was an $800,000 shortage. LAKE NEAR KEARNEY BEING IMPROVED Workmen Kearney, are here this week doing improvement construction Cotton Mill Lake park, west of here. The premises have been fenced and trees set Work is well along on the construction whereby the waste from the lake and canal can be regulated. large, high dam being constructed, dirt being from the west bank and cured transferred the dam site with the aid of slips. Spillways and sluice gates will constructed needWith completion of the dam, water in the lake can better be regulated and the loss of fish, into the canal checked. An supply of large fish will be transferred the lake shortly, giving the lake larger stock of game fish. planned to feed the fish plenty, to spoil the chances, and thus spur the rapid propogation of game fish in the lake. NEW MOVEMENT OF INTEREST TO BOYS Norfolk, sponsoring Troop No. 121 for 10 ful years, the Norfolk and the Rotary club history the oldest Boy Scout troop in the Covered Wagon area and Nebraska. The young men's organization substituting its place program for boys of this city to known as the "Pioneer Movement." The boys who become pioneers will engage in activities similar to those Scout work, Moor, general secretary of the has stated. In addition the boys will receive more closely conducted with the church. SNAKE IS Le Panto, (UP) When Wolf awoke from nap he found large water moccasin colled around his thigh. waited until the snake released its coil and then shook it Wolf said. GRASSHOPPERS KNOX COUNTY FIELDS Neb. (Special) have appeared in Grasshoppers Knox county, one and miles north of here where they have destroyed one 20-acre field of bar. ley and have moved into adjoining oats fields. close inspection of the barley and oats fields shows that the grains cannot mature and the only hope for the farmers to salvage to cut the grain for anything rough fred. Corn still looking fine is clean of weeds and with rain will make good crop

11. July 10, 1931 The Petersburg Index Petersburg, NE

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HOPPER PESTS FIELDS New Demands Made on Nebraska's Governor for Poison Bait Lincoln, partment agriculture receiving further requests for assistance in combatting the grasshopper to crops the northern part of the state, farmers in Keya Paha and Rock counties sent petition to the department and reports from Dixon Cedar counties indicate the insects are invading that territory. Farmers have abandoned hope of saving small grains and are turning all efforts saving the corn crop The new petition has been turned over to Governor Bryan who will probably draw more money from the pest fund to aid farmers in the more recently afflicted territory. total of $1,600 was placed at the disposal the county boards of Boyd and Knox counties, to be distributed among farmers unable to buy poison kill the grasshoppers. Secretary Felton of the agriculture department stated that the mild winter of 1930-31 is the cause of so many and says that unless winter is the insects will be much worse next summer, if they are not curbed now. BANK CASE APPEALED SUPREME COURT Lincoln, appeal has been filed in the supreme court from the refusal of District Judge Chase of Cuming county to allow Mrs. Mary preferred claim $3,000 against the Beemer State bank. Mrs. Schlickbernd's husband left worth of liberty bonds in the care the bank, which paid her $1,000 and the interest on the other bonds for of years before the bank, of which Paul Wupper was president, failed. died 1922. His widow never had seen the bonds, had her husband's word and cashier's receipt that they were at the bank. The cashier said Wupper sold the bonds and placed the money in the bank to supplant worthless assets and that when the institution failed there was an $800,000 shortage. LAKE NEAR KEARNEY BEING IMPROVED Neb.- Workmen Kearney. are here this week doing improveconstruction at Cotton Mill Lake park, west here. The premises have been fenced and trees set Work is well along on the construction of new dam, whereby the waste from the lake and canal can be regulated. large, high dam being constructed, dirt secured from the west bank and transferred to the dam site with the aid slips. Spillways and sluice will be constructed as needWith completion the dam. cd. water in the lake better be rezulated and the loss of fish, into the canal checked. An additional supply of large fish be transferred to the lake giving the lake larger shortly, stock of fish. It planned game to feed the fish plenty, to spoil the anglers chances, and thus spur the rapid propogation of game fish in the lake. NEW MOVEMENT OF INTEREST TO BOYS Norfolk sponsoring Troop No 121 for successyears, the Norfolk the Rotary club are closing the history oldest Boy Scout troop the Covered Wagon area and in Nebraska The young organization substituting in its place program for boys of this city to known the "Pioneer Movement. The boys who become pioneers will engage in activities similar to those in Scout work, Moor, general secretary of the has stated. In addition the boys will ceive training more closely conducted with the church. SNAKE IS Ark. When Wolf awoke from nap found large water moccasin coiled around thigh waited the snake released its coil and then shook Wolf said. GRASSHOPPERS KNOX COUNTY FIELDS Neb. Grasshoppers have appeared Knox county, one and miles north here where they have destroyed one 20-acre field of ley and have moved into oats close inspection the barley and oats fields shows that the grains cannot mature and the only hope for the farmers to salvage to cut grain for rough feed. Corn still looking fine. is clean of weeds and with good crop.

12. September 24, 1931 Cuming County Democrat West Point, NE

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EIGHTY CASES COURT BAR DOCKET (Continued from page 1) Herman Meister, vs. John E. Rabe et al. Foreclosure mortgage. Conde Bank vs. Farley Bros. et On foreign judgment. Red Oak Bridge Iron Works V8. County of Cuming et al. Appeal. Francis C. Lorensen vs. County Cuming. Appeal. Farmers State bank of Altona, Nebraska VS. County of Cuming. Carl Von Seggern et al vs. Emil Von Seggern et al. Foreclosure mortgage. Walter L. Erickson VS. County of Cuming. Damages Wisner State bank VS. William Fleming. Attachment. Hugo Leisy VS. William H. Mary Somer vs. Andrew Sperl et al. Partition. Wilfrid Fleming VS. Wisner State bank et al. Quiet title. The State of Nebraska, ex rel Sorensen, Attorney General, VS. The Beemer State bank. Receivership. James A. Clark vs. Hazel M Clark. Divorce. Manderville Havens vs. Bessie Fleming et al. Tax foreclosure. Anna Stepanek VS. Rudolph Renter. John Severson VS. Margaret McKenzie et al. To quiet title. Wilton Wendt VS. Lizzie H. Black Slander. Joseph Novacek vs. Cuming counet al. Jabe B. Gibson VS. Andrew R. Oleson et al. Tax foreclosure. James P. Moran VS. Surety National Farm Loan Assn. Recovery. James C. Quigley vs. George B. Ott. On note. George Parker, Receiver of Farmers' State bank, Altona, Nebraska, vs. Louis W. Luehrmann. Stockholders' Liability. Bella M. Harmon VS. Ruth Gregory. Partition Northwest Ready Roffing Co. VS. Eugenia Scrivner et al. Foreclosure Mech. Lien. Alphonse Hunke vs. L. F. Chapman. Damages. Edgar Siebrandt vs. Hettie Gertrude Martin Siebrandt. Marriage Annulment. Robert Diers VS. A. L. Krause Co. On notes. Olive B. True VS. Harry J. True. Divorce. Herman Blome vs. Henry Preuss and Lawrence Auker. Damages. Clarence J. Kappius VS. Edith Kappius. Divorce. Clarence G. Bliss, Receiver, Ernest Wascher et al. Foreclosure Emma Lampe VS. Clarence Lampe. Separate maintenance. The Prudential Ins. Co. VS. Augusta Sila, et al. Foreclosure. The State of Nebraska, ex rel. County Farm Bureau et al. VS. Thomas E. Tighe et al. Mandamus. Winslow State bank VS. Johannah Parker et al. Foreclosure. Mabel Yotter VS. Edward Yotter. Divorce. Hans Christian Jensen VS. Emil Wegner, al. Foreclosure. Citizens Bank, Bancroft VS. La Flesche Farley, et al. On notes. Citizens Bank, Bancroft, VS. Ed ward Farley. On note. Frank Strehle VS. Joseph C. Sass. On notes. Marathon Oil company VS. West Point Manufacturing Company, et al. Quiet title. John Betkie VS. Arthur Leisy. Accounting. Emma Glissman Francis Kessinger et al. Partition.

13. December 8, 1933 Lincoln Journal Star Lincoln, NE

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BANK Stockholder of Beemer Bank Files an Appeal. Joseph Kellinghaus, stockholder Beemer State bank failure for Paul Wupper and eventually to his being tenced more than 100 years bank violations, carried suit involving some the old transactions the state supreme court. first began an tion in the county district court after the receiver classify his claim along those The certificates of deposit for the given Wupper The held entitled depositors offsets of $6,291 for overdrafts that should not paid liability determined. He owned shares, subject the double liability law. Wupper was arrested and placed in prison the bank receiver obtained new trial after claimthat mortgage which Kellinghaus claim been based, was taken by Wupper personally instead being signed the bank. new trial the court held $19,950 from the had deposited the bank's credit by Wupper the Omaha National and that entitled to this amount less the $6,291 offset and subject to his stockholders liability. He pealed,

14. December 8, 1933 Lincoln Journal Star Lincoln, NE

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Stockholder of Beemer Bank Files an Appeal. Joseph Kellinghaus, a stockholder in the old Beemer State bank whose failure led to a nationwide search for Paul Wupper and eventually to his being sentenced to more than 100 years for bank law violations, carried a suit involving some of the old transactions to the state supreme court. Kellinghaus first began an action in the Cuming county district court after the receiver of the bank refused to classify his claim for $41,080 along with those of other depositors. The receiver claimed certificates of deposit for the Kellinghaus claim were given by Wupper without consideration. The court held Kellinghaus was entitled to share with other depositors minus offsets of $6,291 for overdrafts but that he should not be paid until his liability as a stockholder was determined. He owned twenty-five shares, subject to the state's double liability law. After Wupper was arrested and placed in prison the bank receiver obtained a new trial after claiming that a $46,000 mortgage upon which the Kellinghaus claim had been based, was taken by Wupper personally instead of being assigned to the bank. On the new trial the court held $19,950 from the mortgage had been deposited to the bank's credit by Wupper in the Omaha National bank and that Kellinghaus was entitled to this amount less the $6,291 offset and subject to determination of his stockholders' liability. He appealed.

15. December 9, 1933 Lincoln Journal Star Lincoln, NE

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WUPPER BANK LITIGATION Stockholder of Beemer Bank Files an Appeal. Joseph Kellinghaus, stockholder the old Beemer State bank whose failure led to nationwide search for Paul Wupper and eventually his being sentenced to more than 100 years for bank violations, carried suit involving some old transacthe state supreme Kellinghaus first began an tion in the county district court after the of the refused classify his claim for with those The certificates deposit for the claim were Wupper The court held Kellinghaus entitled to share with other depositors offsets of $6,291 for but that should not paid liability determined. He owned shares, subject the state's double liability law. After Wupper arrested and placed prison the bank receiver obtained new trial after claimupon the Kellinghaus had been based, was taken by Wupper personally instead of being as- signed to the bank. the new trial the held $19,950 the had been deposited to the bank's credit by Wupper the Omaha National bank and that Kellinghaus entitled to this amount less the $6,291 offset and subject determination his stockholders' liability. He appealed.

16. December 14, 1933 The Colfax County Press and the Clarkson Herald Consolidated Clarkson, NE

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WUPPER BANK LITIGATION Joseph Kellinghaus, a stockholder in the old Beemer State bank whose failute led to a nationwide search for Paul Wupper and eventually to his being sentenced to more than 100 years for bank law violations, carried a suit involving some of the old transactions to the state supreme court. Kellinghaus first began an action in the Cuming county district court after the receiver of the bank refused to classify his claim for 080 along with those of other depositors. The receiver claimed certificates of deposit for the Kellinghaus claim were given by Wupper without consideration. The court held Kellinghaus was entitled to share with other depositors minus offsets of $6,291 for overdrafts but that he should not be paid until his liability as a stockholder was determined. He owned twenty five shares, subject to the state's double liability law. After Wupper was arrested and placed in prison the bank receiver obtained a new trial after claiming that a $46,000 mortgage upon which the Kellinghaus claim had been based, was taken by Wupper personally instead of being assigned to the bank. On the new trial the court held $19,950 from the mortgage had been deposited to the bank's credit by Wupper in the Omaha National bank and that Kellinghaus was entitled to this amount less the $6,291 offset and subject to determination of his stockholders liability. He appealed.