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Nebraska Banks Close Doors Today Lincoln, Neb., Aug. state banks today failed open their doors for and both Charles W. Bryan and E. H. Luikart, secretary of the state of trade and commerce, said the closings were the result of recent bank suspensions The six banks had total deposits $1,180,000. They are the First State bank the Dwight; the Brainerd State bank Brainerd; the Bruno State bank Bruno; the Butter County bank Davis City and the Leigh State bank of Leigh.
Nebraskans Feel Effect Of Omaha Bank Closing Lincoln, Neb., Aug. 17 Nebraska state banks today failed open their doors for business both the state trade and said the closings the result of bank Omaha. The six banks had total deposits The banks the First State Bank Pleasant Dale: the Dwight State Bank Dwight: the Brainerd State Bank of Brainerd the Bruno State Bank Bruno: the Butler County Bank of David City, and Leigh State Bank of Leigh.
NEBRASKA BANKS QUIT. Six Failures Follow Recent Susin Omaha. LINCOLN, Neb., Aug. Six small state banks failed to open for today. Governor Charles W. and H. Luikart, of the state of trade and commerce. said the the sult of recent bank suspensions in The six banks had total deposits of They were the First State Bank of Dale, the Dwight State Bank of Dwight, the Brainard Bank of the Bruno State Bank of Bruno, the Butler County Bank of Davis City and the Leigh State Bank of Leigh.
Six Small Nebraska Banks Fail to Open Lineoln, Nebr. small Nebraska state banks failed to open for business today. Gov. Charles W. Bryan and E. K. Luikart, secretary of the state department of trade and commerce, said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits of $1,120,000. They were the First State bank of Pleasant Dale: The Dwight State bank of Dwight, The Brainard State bank of Brainard; The Bruno State bank of Bruno; The Butler County bank of David City, and the Leigh State bank of Leigh.
Six Small Banks In Nebraska Closed LINCOLN, Neb., Aug. small Nebraska state banks failed to for business today. Governor Charles and Luikart, secretary the state of trade said the were the result recent in Omaha. The six banks had total deposits They were the First State bank of Pleasant Dale, Dwight State bank of Dwight, the Brainard State bank Brainard, the Bruno State bank Bruno, bank of David and the Leigh State bank of Leigh.
Institutions Fail to Open Doors Today Neb., Aug. Nebraska state banks today failed their open doors for busiand Charles W. Bryan and Luikart, secretary the state department trade and said the closwere the recent Omaha. The banks total the First State bank PleasDale: the State bank Dwight; the Brinard State bank Bruno State bank Butler County bank Davis City and the Leigh State bank of Leigh.
Six State Banks In Nebraska Close Doors Lincoln, Neb., August 17 banks, estimated $1,120,000 voluntarily their doors today. The closures, to Charles W. who for the State "direct result of the Omaha. Union State Bank of Closed today were the following state banking State Bank, Pleasantdale; State Dwight: BrainBrainard; Bruno State Bank, Butler County Bank, David City; Leigh State Bank,
STATE BANKS FAIL WITH UNION Six Small Banks in Bohe. mian Communities Are Closed as Direct Result. Governor Bryan announced that small state banks morning result the closing of the State Bank of Omaha." Horacek the Union State Omaha. The banks closed Monday were: First State bank, Pleasantdale. Dwight State bank, Dwight. Brainard State bank. Brainard. Bruno State bank, Bruno. Butler State bank. David City. State bank Leigh. The that the officers financial structure these banks are follows: State deposits deposits vice president
SIX NEBRASKA STATE BANKS FAIL TO OPEN Blamed By Governor On Recent Bank Suspensions Deposits Of Over Million. Neb., Aug. Nebraska state banks today open their doors for business both Gov. Charles Bryan Luikart. secretary the state department trade said the the result recent bank in Omaha The six banks with total deposits are the First State bank Pleasant Dale: the Dwight State bank Dwight; Brinard State Bruno State bank of Bruno; Butler county bank Davis City, and the Leigh State bank Leigh.
Six Small Nebraska State Banks Closed Associated Press) Six small Nebraska state banks failed open today Governor Charles Bryan and E. H. Luikart retary of the state department of trade and commerce. said the closings were the result of recent bank suspensions in Omaha. The six banks had total deposits approximately 180,000 They the First State bank of PleasDale the Dwight State bank Dwight the Brainard State bank Brainard Bruno State bank Bruno. the Butler County bank of Davis City, and the Leigh State bank of Leigh.
BRYAN APPOINTS BANK RECEIVERS Experienced Agents Get Preference Over Local Men. Effort Being Made To Reopen Union State At Omaha. Instead naming local applicants Omaha acting receivers banks which recently failed in those communities, who have had previous men experience in handling such institutions and shown their ability convert assets into money for the benefit given the for those positions. of nine ppointments agents charge banks have their doors during the weeks Saturday by Governor All those assigned take charge the were chosen from list of men employed for such duty. They E. Hall, Lincoln. State bank of Petersburg. South Omaha State bank, Omaha Haase, Norfolk. Farmers bank, Whalen, Lincoln. First State Dale Bloomfield. Leigh State Brozek Chadron. Bruno State Bruno, Bank of BrainBrainard. County Schuyler. Dwight State Dwight Lau, examiner in charge, Wants Most Efficient Men. important posts and filled men who know need said Governor Bryan. "Having in the the the most utilize and efficient the deparment's staff than banking local people assistant appoint may not prove receivers qualified for the have been in service These men for some and of assets their for to the largest money for requests have come from the to have this that from man apapointed. letters support of from Omaha ticular applicant, and letters and in other behalaf had been received the day believe the before. better fare of the depositors putting trained asserved sistant declared he The B Page
HALL RECEIVER OF STATE BANK George E. Hall, Lincoln, former state treasurer, was named assistant receiver of the State Bank of Omaha Saturday by Governor Bryan. Other assistant receivers named for Omaha closed banks are: A. J. Barak, Petersburg, South Omaha State bank; J. E. Haase, Norfolk, Farmers and Merchants bank, Benson; C. A. Lau, Lincoln, state bank examiner, Union State bank. Assistant receivers named for out-state banks are: W. M. Whalen. Lincoln. First State bank of Pleasantdale: L. H. Reff. Bloomfield, Leigh State bank. Leigh: T. J. Brozek. Chadron, Bruno State bank, Bruno, and Brainard State bank at Brainard: J. C. Wisda. Ord, Butler County State bank of David City: E. E. Ruzicka, Schuyler, Dwight State bank of Dwight. The governor said he had ignored scores of requests for political appointments and was naming experienced men as assistant receivers. "In placing these men in charge of the banks named we are transferring them from other receiverships where they have shown utmost efficiency in conserving assets for depositors and winding up affairs of the institutions under their charge,' Bryan said. "The banks relinquished by the men named Saturday have been so organized that they can be handled by other men.' E. H. Luikart, secretary of the department of trade and commerce, is the receiver for all the closed state banks. The assistant receivers will have actual charge of the affairs of the banks.
Bank Receivers Named Lincoln, Neb., Aug. 22 LP)-Governor Bryan today announced the appointment of the following assistant receivers for closed state banks outside of Omaha: W. M. Whalen, Lincoln. in charge of First State bank of Pleasant Dale: L. H. Reif, Bloomfield, Leigh State Bank of Leigh: T. Brozek, Chadron, Bruno State Bank of Bruno, and the Brainard State Bank at Brainard: J. C. Wisda of Ord, Butler County State Bank of David City: E. E. Ruzicka, of Schuyler, Dwight State Bank Dwight.
DEPOSITORS COMMITTEES SELECTED AT BRUNO AND DWIGHT Meetings of the depositors of the closed banks Bruno and Dwight were held last Saturday. at Bruno in the afternoon and at Dwight in the evening. A depositors comm ittee was selected at each meeting to help the bank receiver in his work The Bruno committee: Dr. Jelinek. James Wittera and Frank Chmelka. The Dwight committee: Dr. Srb, John Hottovy, Sr., James Krenk Joseph Kalina and Albert Mares; Frank Semin, alternate The Ohio Oil Co. drilling outfit is drilling fourth core hole on the nard. The first hole completed was 540 feet deep. the second over 500 feet and the third was down over 200 when hammer was accidently dropped into the hole and they had to abandon it. The fourth hole now down about 500 feet and they intend to go about 400 feet deeper
STATE REOPENS ITS DOORS Depositors to Be Paid in Failed Banks Pay Dividends. The reorganization of the Crawford State bank, for busiand the payment total of dividends depositors five failed state banks were by Governor Bryan. The Crawford State bank business Oct. 21. The new R. Ivins, president, Duncan, vice president cashier. The capital stock $30,000, surplus $10,000 undivided profits about $3,000. The bank reopened with deposits $160,957. The depositors co-operated in the reorganization by signing agreeing to cept of their but all depositors are to be paid in full and without any depositors of the Farmers State bank of Loomis, upon order of the district court, dated Dec. totals $7,163.37, 10 percent. During receivership percent $32,235, had previously paid. The Battle Creek Valley bank at Battle Creek will now cent dividend viously 15 percent or $42,900.61 been paid. The Bruno State bank will pay 10 percent, or $12,188.73. The State will pay percent $22,685.97. had viously paid 15 percent or $68,The Farmers Merchants Sterling pay 10 percent It paid 46 percent or $32,591.93.
Five Banks Pay Dividends Payment of special dividends realized from assets of five failed banks to the depositors of those institutions is announced by the state bank receivership division, as follows: Battle Creek—Battle Creek Valley bank, 5 per cent, $14,300; previous payment, 15 per cent, $42,901; total, 20 per cent, $57,201. Bruno—Bruno State bank, 10 per cent, $12,189. Chadron—Chadron State bank, 5 percent, $22,686; previous payment, 15 per cent, $68,058; total, 20 per cent, $90,744. Loomis—Farmers' State bank, 10 per cent, $7,163; previous payments, 45 per cent, $32,235; total, 55 per cent, $39,398. Sterling—Farmers' & Merchants' bank, 10 per cent, $7,060; previous payments, 46 per cent, $32,592; total, 56 per cent, $39,652. In the case of the bank at Sterling, 58 per cent of its original deposits were withdrawn while the bank was being operated by the old guaranty fund commission. The percentage since paid are based on the amounts due depositors when receivership began.
CRAWFORD STATE BANK REOPENS ITS DOORS Depositors to Be Paid in Full—Five Failed Banks Pay Dividends. The reorganization of the Crawford State bank, opened for business Wednesday, and the payment of a total of $63,398.93 dividends to depositors of five failed state banks were announced by Governor Bryan. The Crawford State bank suspended business Oct. 21. The new officers are O. R. Ivins, president, S. P. Duncan, vice president and cashier. The capital stock is $30,000, surplus $10,000 and undivided profits about $3,000. The bank reopened with deposits of $160,957. The depositors have co-operated in the reorganization by signing waiver contracts agreeing to accept payments of their deposits in monthly installments but all depositors are to be paid in full and without any write-down. Dividends to depositors of the Farmers State bank of Loomis, upon order of the district court, dated Dec. 2, totals $7,163.37, or 10 percent. During receivership 45 percent or $32,235, had previously been paid. The Battle Creek Valley bank at Battle Creek will now pay a 5 percent dividend or $14,300.32. Previously 15 percent or $42,900.61 had been paid. The Bruno State bank will pay 10 percent, or $12,188.73. The Chadron State will pay 5 percent or $22,685.97. It had previously paid 15 percent or $68,057.89. The Farmers & Merchants of Sterling will pay 10 percent or $7,060.54. It had previously paid 46 percent or $32,591.93.
NOTICE OF SALE UNDER CHATTEL MORTGAGE Notice is hereby given that by virtue of a chattel mortgage, dated on the 16th day of April, 1931 and duly filed in the office of the county clerk of Butler County, Nebraska on the 17th day of April, 1931, upon which there is now due the sum of $2774.59, executed by Ray R. Kozisek to the Bruno State Bank of Bruno, Nebraska, and default having been made in the payment of the said sum and no suit other proceeding at law having been Insttuted to recover said debt, or any part thereof, now, therefore, the undersigned will sell the property therein decribed, namely: One Team Mares, 8-10 years old, Black, One Mare, 9 years old, Black, One Span Mules, 4 years old, Bayish. Brown, One Mare, 2 years old, Bay, One Mare, 15 years old, Bay, Six Milch Cows, Two Calves, One month old, One Red Bull (Polled), One John Deere Binder, One Emerson Mower, One John Deere Corn Planter and Wire, One Kentucky Press Drill, Two Riding Cultivators, N. Century. One Disc Harrow, One Four Sec. Harrow, One Grain Elevator and Dump. One John Deere Gang Plow, 14in. One John Deore Wagon and Box, One Truck Wagon and Raack, One 1928 Chevrolet Coach No. 4925774 at public auction opposite the Bruno Department Store, in Bruno, in But ler County, Nebraska, on the 14th day of September, 1932, at 1:00 o'clock P. M. of said date. Dated August 26th, 1932. Bruno State Bank of Bruno, Nebraska, Mortgagee By E. H. Luikart, Receiver
NOTICE OF SALE UNDER CHATTEL MORTGAGE Notice is hereby given that by virtue of chattel mortgage dated on the 22nd day of December, 1931, and duly filed in the office of the county clerk of Butler County, Nebraska on the 24th day of December, 1931, executed by A. R. Spatz to the Bruno State Bank of Bruno, Nebraska, upon which there is now due the sum of $487.26, and default having been made in the payment of said sum and no suit or other proceeding at law having been instituted to recover said debt, or any undersigned will sell the property therein described, namely: One Gelding, Bay and white spotted, 10 years old. One Gelding, Bay, 12 years old. One Gelding, Black, 13 years old. One Holstein Heifer, 9 mos. old. One Emerson Mower, One Emerson Riding Flow, One Sattley Riding Cultivator, One Avery Corn Planter, One Feed Grinder, One McCormick Hay Rake, One Lumber Wagon, complete, Two Sets Double Work Harness, complete, One Walking Plow. One Walking Cultivator, at public auction, opposite the Bruno Department Store, in Bruno, in Butler County, Nebraska, on the 14th day of September, 1932 at 1:00 o'clock P. M. of said day. Dated August 25th, 1932. Bruno State Bank of Bruno, Nebraska, Mortgagee. E. H. Luikart, Receiver.
Filed Voluntary Bankruptcy Joseph Dvorak, Bruno, has filed petition of voluntary bankruptcy in the federal court Lincoln, listing assets $285 and debts Judge Skiles, former resident of David City, is included in list of debtors with secured $500 claim. Seven other claims are listed including Continental National Bank $5575. receiver of Bruno State Bank $3600. Prudential Insurance Com$1025. Mr. Dvorak promiin his community for many