Berwyn State Bank (Berwyn, NE)

Episode Information

Episode UID
76065671495
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7606567 routing
Routing Number
76-0656
Start Date
July 3, 1924
Location
Berwyn, Nebraska (41.351, -99.500)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
12e9ac2feda6a7cc

Response Measures

None

Description

1926 articles state the bank failed three or four years ago, corroborating a prior failure and receivership.

Events (3)
1. July 3, 1924 Receivership
Newspaper Excerpt
State of Nebraska, ex rel, Clarence A Davis, Attorney General vs. The Berwyn State Bank. Receiver ordered to pay treasurer of Custer county money on deposit in said bank, with 7 per cent interest from time bank failed.
Source
newspapers
2. July 14, 1926 Other
Newspaper Excerpt
Bank Receiver Files Suit for Recoverv of Funds ... by receiver of the ... Berwyn State bank of Berwyn against the Fidelity and Deposit company of Maryland ... for recovery of funds put up by the state guaranty fund commission for losses suffered through the failure, three or four years ago, of the two banks
Source
newspapers
3. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank failure/insolvency leading to appointment of a receiver and payments from deposits; failure occurred earlier (several years prior).
Newspaper Excerpt
money on deposit in said bank, with 7 per cent interest from time bank failed
Source
newspapers

Newspaper Articles (4)
1. July 3, 1924 The Sargent Leader Sargent, NE
Article from The Sargent Leader, July 3, 1924

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Article Text

SOME DISTRICT COURT ITEMS OF INTEREST TO LEADER READERS Copied from the Custer County Chief Court was in session week before last Conservative Investment Co., vs. John B. Rush, et al. Application of defendent Cora Sear to set aside deficiency judgement as to her, denied. Defendants except, Hall, Baird and Williams and Schaper and Runyan, attorneys for the plaintiff. N. Dwight Ford and Sullivan, Squires & Johnson attorneys for the defendants. Archie C. Duff, et al., vs. Myrtle L. Corell, et al. By agreement, sale confirmed. Deed not to issue until September 15th, 1924. Defendants to have possession of the property with right to retain until September 15, 1924. If reduction is not made at that time, deed to issue, also writ of assistance. Kelly and Schnell, attorneys for the plaintiff. Dierks Lumber and Coal Co. vs. Frank A. Gustafson, et al. Demurrer withdrawn. Defendants give thirty days to answer. J. S. Kirkpatrick and C. H. Holcomb, attorneys for the plaintiff. Schaper and Runyan, attorneys for the defendants. Effie Evans, vs. Joseph H. Evans. Sale confirmed. Deed ordered. Sullivan, Squires and Johnson, attorneys for the plaintiff. State of Nebraska, ex rel, Clarence A Davis, Attorney General, vs. The People's State Bank, Anselmo. Received ordered to pay the treasurer of Custer county balance of money due it as per previous judgement of this court, with interest at 7 per cent from the time the bank failed. O. S. Spillman and Sullivan, Squires and Johnson, attorneys for the plaintiff, N. T. Gadd, attorney for the defendant. State of Nebraska, ex rel, Clarence A Davis, Attorney General vs. The Berwyn State Bank. Receiver ordered to pay treasurer of Custer county money on deposit in said bank, with 7 per cent interest from time bank failed. O. S. Spillman and N. T. Gadd, attorneys for the plaintiff. The Security Mutual Life Insurance Co. vs. Spencer J. Leep, et al. Objections to confirmation sustained Sale vacated and set aside. New sale ordered. Field, Ricketts and Ricketts, and Sullivan, Squires and Johnson, attorneys for the defendants. N. T. Gadd, and Beal and Wilson, attorneys for the defendants. William U. Uhlman vs. Avis C. Cooley, et al. Frank Kelly appointed guardian at litem for Inez N. Uhlman and Bernice C. Uhlman. Court finds allegations of petition true. Judgement awarding partition. Report of referee approved. Property ordered sold for cash to highest bidder at court house. Broken Bow, Nebraska. Bond of referee fixed at $6,000.00. Sullivan Squires and Johnson, attorneys for the plaintiff and Sullivan, Squires and Johnson, attorneys for the defendants.

2. September 4, 1924 The Shelton Clipper Shelton, NE
Article from The Shelton Clipper, September 4, 1924

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Article Text

Nebraska Weekly Industrial Review Creston—500 carloads of stock shipped from here during the past year. Columbus—Addition to St. Mary's hospital completed at a cost of $300,000. Fairbury—St. Michael's school is completed and formally dedicated. Lincoln—Board of control request bids on large amount of furniture and equipment for new buildings at several state institutions. Neligh—Antelope county grain yield large this year and quality is excellent. Omaha—Receipts of corn and wheat in single day total 222 carloads. Gothenburg—Gothenburg Light & Power company installing new street lights. Hastings—Bumper crops of corn, wheat and hay to be harvested in Nebraska. Beatrice—Work on $400,000 junior high school building being rushed to completion. Riverdale—Materials in place for constructing electric transmission line to connect with Central Power company lines from Kearney. Stamford—Road being graded between this point and Orleans. Lincoln—Construction of new Lincoln theatre to start soon. Auburn—Plant of Auburn Canning company reopened after being closed five years. Will pack 60,000 cans of sweet corn daily. Nehawka—Oil test wells are being sunk in this vicinity. Columbus—Union Pacific railroad puts on extra freight trains to move central Nebraska's wheat crop. Berwyn—Farmers' State bank receives charter from state banking bureau; will take over building and fixtures of Berwyn State bank. Fairbury—Twelve miles of highway between Gladstone and Jansen being sanded. Kearney—Watson boulevard to be widened at cost of $16,000. Fremont—Gymnasium at Midland college completed at cost of $125,000 and plans being made for building $200,000 girls' dormitory. Plattsmouth—Nebraska Gas & Electric company to construct 66,000 volt transmission line to this point from Lincoln. Wausa—During July 181 cars of stock shipped from here; for first seven months of 1923 carload shipments totaled 616; for same period in 1924 the total is 716.

3. July 14, 1926 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, July 14, 1926

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Article Text

BRUNSON WILL BE LONE DRY CZAR Des Moines, Ia.. July deputy director of prohibition enforcement will not be appointed for either Iowa or Nebraska, it was stated here today by Glen A Brunson in charge of enforcement in Iowa. Nebraska and South Dakota. With district offices now located in Sioux City, Ia., Mr. Brunson explained that Iowa and Nebraska agents were in close with headquar and that he considered the extra expense of state offices unnecessary. Bass Weighing Almost Seven Pounds Entered in Contest Wood Lake July 14.-F. E. Reynolds and E. S. Schofield of Neligh stopped here on the way home from the lakes to enter in the bass contest. fish that weighed six pounds four ounces. the largest fish caught here this year. The fish probably weighed neat seven pounds when caught as the weight was taken after an eighteen mile drive in the hot sun. Their box contained 21 black bass in size from two and half pounds "D with two over five pounds. They made their eatch "Hamilton place on North Marsh Lake Bank Receiver Files Suit for Recoverv of Funds Grand Island. July Two aggregating 000. were filed Mondav in federal district court here by receiver of the People's State bank of Anselmo and of the Berwyn State bank of Berwyn. against the Fidelity and Denosit company of Maryland. and W. L. McCandless. former county treasurer Custer County. for recovery of funds put up by the state guaranty fund commission for losses suffered through the failure. three or four years ago, of the two banks

4. July 15, 1926 Beatrice Daily Sun Beatrice, NE
Article from Beatrice Daily Sun, July 15, 1926

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Article Text

ple's State bank of Anselmo, and of the Berwyn State bank of Berwyn, against the Fidelity and Deposit company of Maryland. and W. L McCandless, former county treasurer of Custer county. for recovery or funds put up by the state guaranty fund commission for losses suffered through the failure, three or four years ago, of the two banks named.