Article Text

Bank Receiverships Are Denied Luikhart Denying application of E. H. Luikhart, secretary of the state department of trade and commerce, District Judge Carter Thursday assigned a number of independent bank receiverships in western Nebraska to A. E. Torgeson of Scottsbluff. Judge Carter recently announced in other receivership actions that he would not appoint Luikhart in place of Clarence G. Bliss, former secretary, or other receivers, until he had assurance that Governor Bryan would not interfere. The independent receivership transfers were made after H. C. Peterson of Lodgepole, resigned. The Bridgeport, Angora and Broadwater banks were then placed under Torgeson's jurisdiction. Peterson will file final reports at once on the American State bank of Scottsbluff and the Security State bank of McGrew, and will resign from their receiverships it was stated. Togerson is expected to also be assigned these banks. Inasmuch as affairs of the Oshkosh State, Minatare and Gering State banks are nearly wound up, Mr. Peterson is expected to close the receiverships within a short time. SIDNEY.โ€”H. C. Peterson of Lodgepole, receiver of a number of failed banks in western Nebraska, has resigned as receiver of the Bridgeport, Angora State and Broadwater State banks. District Judge Carter appointed A. E. Torgeson to succeed Peterson. Applications for the appointment of E. H. Luikhart, secretary of the state commerce department, as receiver were on file with Judge Carter but he said he would not make the appointment until Luikhart had agreed to work under the direction of the court.