Platte Valley State Bank (Bellwood, NE)

Episode Information

Episode UID
8592303891225
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
859230389 hash
Start Date
January 29, 1902
Location
Bellwood, Nebraska (41.343, -97.238)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
02de1e0aa735d44e

Response Measures

None

Description

OCR variants of cashier name (Gould/Gould) in articles; failure linked to cashier forgery/forged paper.

Events (2)
1. January 29, 1902 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Cashier arrested for forgery and issuance of forged paper causing a large shortage and the bank's unexpected suspension.
Newspaper Excerpt
The Platte Valley State bank closed its doors shortly after noon today and is now in the hands of a state examiner. The suspension was unexpected and has caused much excitement. A. H. Gould, the cashier, is under arrest charged with forgery.
Source
newspapers
2. February 14, 1902 Receivership
Newspaper Excerpt
J. M. Holland, of Bellwood, has been appointed receiver for the failed bank.
Source
newspapers

Newspaper Articles (24)
1. January 29, 1902 The Saint Paul Globe Saint Paul, MN
Article from The Saint Paul Globe, January 29, 1902

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Article Text

CASHIER UNDER ARREST IS ALLEGED TO HAVE LOOTED NEBRASKA BANK. BELLWOOD, Neb., Jan. 28.-The Platte Valley State bank closed its doors shortly after noon today and is now in the hands of a state examiner. The suspension was unexpected and has caused much excitement. A. H. Could, the cashier, is under arrest charged with forgery. LINCOLN, Neb., Jan. 28.-Members of the state banking board in, Lincoln confirm the arrest of Cashier Gould and speak of the failure as a bad one for a bank which had but $15,000 capital. Attorney General Prout said there was evidence of a discrepancy of $45,000 through the issuance of forged paper,

2. January 29, 1902 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, January 29, 1902

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Article Text

Cashier Closes a Bank. Bellwood. Neb, Jan. 29.-The Platte Valley State bank closed its doors shortly after noon yesterday and is now in the hands of a state examiner. The suspension was unexpected and has caused much excitement. A. H. Gould. the cashier, is under arrest, charged with forgery.

3. January 30, 1902 The Plymouth Tribune Plymouth, IN
Article from The Plymouth Tribune, January 30, 1902

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Article Text

Cashier Closes a Bank. Bellwood, Neb, Jan. 29.-The Platte Valley State bank closed its doors shortly after noon yesterday and is now in the hands of a state examiner. The suspension was unexpected and has caused much excitement. A. H. Gould, the cashier, is under arrest, charged with forgery.

4. January 31, 1902 The Big Sandy News Louisa, KY
Article from The Big Sandy News, January 31, 1902

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Article Text

Cashier Charged With Forgery, Bellwood, Neb., Jan. 29.-The Platte Valley State bank closed its doors Tuesday, and is now in the hands of a state bank examiner, The suspension vas unexpected and has caused much xciter nt. A. H. Could, the cashier, arrest charged with forgery,

5. January 31, 1902 The Denison Review Denison, Dow City, IA
Article from The Denison Review, January 31, 1902

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Article Text

Bank Closed. Lincoln, Neb., Jan. 29.-A Journal special from Bellwood, Neb., says: The Platte Valley state bank closed its doors shortly after noon Tuesday, and is now in the hands of a state examiner. The suspension was unexpected and has caused much excitement. A. H. Gould, the cashier, is under arrest, charged with forgery.

6. January 31, 1902 The Norfolk Weekly News-Journal Norfolk, NE
Article from The Norfolk Weekly News-Journal, January 31, 1902

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Article Text

Bank Closed, Cashier in Custody. Bellwood, Neb., Jan. 29.-The Platte Valley State bank closed its doors shortly after noon yesterday and is in the hands of a national bank examiner. The suspension was unexpected and has caused much excitement. H. L. Gould, the cashier, is under arrest, charged with forgery.

7. February 1, 1902 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, February 1, 1902

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Article Text

Bank Closed. Lincoln, Neb., Jan. 29.-A Journal special from Bellwood, Neb., says: The Platte Valley state bank closed its doors shortly after noon Tuesday, and is now in the hands of a state examiner. The suspension was unexpected and has caused much excitement. A. H. Gould, the cashier, is under arrest, charged with forgery.

8. February 11, 1902 Albuquerque Daily Citizen Albuquerque, NM
Article from Albuquerque Daily Citizen, February 11, 1902

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Article Text

TOWN EXCITED. Nebraska Village Want to Lynch Trio of Bank Wreckers. David City, Neb., Feb. 11. George S. Gould was arrested at Bellwood last night, charged with conspiracy in connection with the failure of the Platte Valley bank at Bellwood. He is the third of the Gould brothers placed under arrest. He was brought to this city to avoid trouble, as excitement still runs high at Bellwood.

9. February 11, 1902 Santa Fe New Mexican Santa Fe., Santa Fe, NM
Article from Santa Fe New Mexican, February 11, 1902

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Article Text

GEORGE S. GOULD WAS ARRESTED LAST NIGHT He Is Charged With a Conspiracy in Connection With the Failure of the Platte Valley Bank at Bellwood. HE WAS TAKEN TO DAVID CITY TO AVOID AN IMPENDING LYNCHING. David City, Neb., Feb. 1.-George S. Gould was arrested at Bellwood last night charged with conspiracy in con+ nection with the failure of the Platte Valley bank at Bellwood. He is the third of the Gould brothers placed under arrest. He was brought to this city to avoid trouble, as excitement still runs high in Bellwood.

10. February 11, 1902 Evening Times-Republican Marshalltown, IA
Article from Evening Times-Republican, February 11, 1902

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Article Text

ANOTHER GOULD ARRESTED. Third Arrest In Connection With Nebraska Bank Failure. David City, Feb. 11.-George S. Gould was arrested at Bellwood last night and brought to this city today, charged with conspiracy in connection with the failure of the Platte Valley Bank at Bellwood. He is the third of the Gould brothers to be placed under arrest. He was brought to this city to avoid trouble, as excitement still runs high at Bellwood. The three brothers will have trial in this district court this week. a

11. February 12, 1902 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, February 12, 1902

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Article Text

Three Brothers Under Arrest. DAVID CITY, Neb. Feb. 11.-George S. Gould was arrested at Bellwood last night and brought to this city to-day charged with conspiracy in connection with the failure of the Platte Valley Bank at Bellwood. He is the third of the Gould brothers to be placed under arrest. He was brought to this city to avoid trouble, as excitement still runs high at Bellwood. The three brothers will have a trial in the District Court this week.

12. February 12, 1902 The Montgomery Advertiser Montgomery, AL
Article from The Montgomery Advertiser, February 12, 1902

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Article Text

George S. Gould Arrested. David City, Neb., Feb. 11.-George S. Gould was arrested at Bellwood last night and brought to this city today charged with conspiracy in connection with the failure of the Platte Valley Bank at Bellwood. He is the third of the Gould brothers to be placed under arrest. He was brought to this city to avoid trouble. as excitement still runs high at Bellwood. The three brothers will have a trial in the District Court this week.

13. February 13, 1902 Mexico Weekly Ledger Mexico, MO
Article from Mexico Weekly Ledger, February 13, 1902

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Article Text

Depositors Called For Rope. BELLWOOD, NEB., Jan.31.-Followed by a crowd of angry depositors, some of whom called for rope, Richard Gould,assistant cashier of the suspended Platte Valley Bank, was hustled on board a train this evening and taken to David City. The crowd followed Gould through the streets to the depot and invaded the car in which he was placed, the officers having great difficulty in protecting their prisoner from assault. The streets of Bellwood are still crowded daily and all kinds of threatening language is being indulged against the Gould brothers. It is thought further arrests will follow.

14. February 15, 1902 Phillipsburg Herald Phillipsburg, KS
Article from Phillipsburg Herald, February 15, 1902

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Article Text

THIRD BROTHER ARRESTED. George Gould Locked Up for Complicity in Looting the Bank at Bellwood, Neb. - -Excitement at Fever Heat. David City, Neb., Feb. 12.-George S. Gould was arrested at Bellwood and brought to this city Tuesday charged with conspiracy in connection with the $200,000 failure of the Platte Valley bank at Bellwood. He is the third of the Gould brothers to be placed under arrest. He was brought to this city to avoid trouble, as excitement still runs high at Bellwood.

15. February 15, 1902 The Indianapolis Journal Indianapolis, IN
Article from The Indianapolis Journal, February 15, 1902

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Article Text

Extent of the Gould Boys' Forgeries. LINCOLN, Neb., Feb. 14. - Secretary Royse, of the State Banking Board, returned to-day from David City, where he has been a witness in the preliminary hearing of the Gould brothers, alleged wreckers of the Platte Valley Bank, of Bellwood, Neb. After a two days' examination R. C. Gould, assistant cashier, was bound over to the District Court, and in default of bail returned to jail. Cashier Amos Gould waived a hearing, and George Gould was released on bail. It is estimated that the total of the forged notes and mortgages will reach $170,000. J. M. Holland, of Bellwood, has been appointed receiver for the failed bank.

16. February 15, 1902 Baxter Springs News Baxter Springs, KS
Article from Baxter Springs News, February 15, 1902

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Article Text

THIRD BROTHER ARRESTED. George Gould Locked Up for Complicity in Looting the Bank at Bellwood, Neb. -Excitement at Fever Heat. David City, Neb., Feb. 12.-George S. Gould was arrested at Bellwood and brought to this city Tuesday charged with conspiracy in connection with the $200,000 failure of the Platte Valley bank at Bellwood. He is the third of the Gould brothers to be placed under arrest. He was brought to this city to avoid trouble, as excitement still runs high at Bellwood.

17. January 1, 1903 The Rich Hill Tribune Rich Hill, MO
Article from The Rich Hill Tribune, January 1, 1903

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Article Text

BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euelid Trust & Savings Co.: $1 1,500,000. II-Painesville, O. People's bank: $173,000 Chirago, Geo. H. Phillips, "corn king, falls for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000 2-Bellwood. Neb., Platte Valley state bank Feb. 10-Detroit, Mich. City savings bank. on account of shortage of Vice President Frank c. Andrews Il-Belment (0) national bank Burnett Tex., private bank of W. R. Westfall & Co. Mar. 1-Elkhart, III., State bank. II-Wanatah Ind., Julhia Center banker. Americus, Ga., People's bank: $30,000. Apr 4-BL Paul, U. S. Saving & Loan Co.: $800,000. N-Algonaç (Mich.) Banking Co.'s bank; $32,000 Jun. 3-Chicago, John A. & Alexander Davideen. marble contractors $1,891,888. II-Charlesten (S. C.) Exposition Co., placed in receivers' hands: $450,000. as Murdeck, Neb., German state bank: $37,000 Jul. -New York city, M. P. Anderson, real estate operator; $1,580,242 20-Brooklyn. N. X4 Malcolm Brewing Co.: $800.000. Allg 16-Elgin, IIL. Obadlah Bands Butfor corporation, $445,000. 20-Clayeland, O., Forward Reduction Co., beening Texas all: $500.000. 24 Kloora (Ind) bank $10.000. step -New York American bioycle trust. -Treaton. N. In National Balt Ca sell $800,000.

18. January 2, 1903 Little Falls Herald Little Falls, MN
Article from Little Falls Herald, January 2, 1903

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BUSINESS FAILVRES. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 8-Painesville, O., People's bank: $173,000. -Chicago, Geo. M. Phillips, "corn king," fails for second time in 7 months. A-bany, Ga., Commercial bank; $123,B-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 1-Belmont (0.) national bank. B-runnett, Tex., private bank of W. H. Westfall & Co. 3-Elkhart, Ill., State bank. 5-Wanatah, Ind., Julius Conitz. banker. Americus, Ga., People's bank: $30,000. pr. 4-St. Paul, U. S. Saving & Loan Ca; $800,000. M-Algonac (Mich.) Banking Co.'s bank; $32,090. Dun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. IS-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. -Murdock, Neb., German state bank; $37,000. Eul 3-New York city, M. P. Anderson, real estate operator; $1,535,212. Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. -Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. -Elnora (Ind.) bank: $10,000. Sep 2-New York, American bicycle trust. Trenton, N. J., National Salt Co. 4"salt trust"); $300,000.

19. January 2, 1903 The Bourbon News Paris, KY
Article from The Bourbon News, January 2, 1903

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Article Text

BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank; $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for secona time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (0.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, Ill., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank; $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett; $20,000. 16-New York, Gillman, Son & Co's banking house; $200,000. Nov. 5-Richmond, Va., Leon L. Strause, leaf tobacco; $300,500. 13-Boyton. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.

20. January 9, 1903 The Forrest City Times Forrest City, AR
Article from The Forrest City Times, January 9, 1903

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Article Text

BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euclld Trust & Savings Co.: $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," falls for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice Pres!dent Frank C. Andrews. 25.-Belmont (0.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus. Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan €o.; $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 80-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American blcycle trust. 80-Trenton, N. J., National Salt Co. ("salt trust"); $300,000.

21. January 9, 1903 Newport Weekly Independent Newport, AR
Article from Newport Weekly Independent, January 9, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland. O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank: $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank. on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, Ill., State bank. 15-Wanatah, Ind., Julius Conitz. banker. 20-Americus. Ga., People's bank: $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.; $500,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 80-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, Ill., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. 80-Trenton, N. J., National Salt Co. ("salt trust"); $300,000.

22. January 10, 1903 Woodville Republican Woodville, MS
Article from Woodville Republican, January 10, 1903

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BUSINESS FAILVRES. Jan. 10-Cleveland, O., Euclid Trust & Savings Co.; $1,500,000. 11-Painesville, O., People's bank: $173,000. 14-Chicago, Geo. H. Phillips, "corn king," fails for second time in 7 months. 17-Albany, Ga., Commercial bank; $123,000. 28-Bellwood, Neb., Platte Valley state bank. Feb. 10-Detroit, Mich., City savings bank, on account of shortage of Vice President Frank C. Andrews. 25.-Belmont (O.) national bank. 26-Burnett, Tex., private bank of W. H. Westfall & Co. Mar. 3-Elkhart, III., State bank. 15-Wanatah, Ind., Julius Conitz, banker. 20-Americus, Ga., People's bank; $30,000. Apr. 4-St. Paul, U. S. Saving & Loan Co.: $800,000. 24-Algonac (Mich.) Banking Co.'s bank; $32,000. Jun. 3-Chicago, John A. & Alexander Davidson, marble contractors; $1,391,838. 13-Charleston (S. C.) Exposition Co., placed in receivers' hands; $450,000. 30-Murdock, Neb., German state bank; $37,000. Jul. 3-New York city, M. P. Anderson, real estate operator; $1,535,212. 29-Brooklyn, N. Y., Malcolm Brewing Co.; $800,000. Aug. 16-Elgin, III., Obadiah Sands Butter corporation, $445,000. 20-Cleveland, O., Forward Reduction Co., booming Texas oil; $500,000. 24-Elnora (Ind.) bank: $10,000. Sep. 2-New York, American bicycle trust. Oct. 7-Oto, Ia., bank of F. H. Cutting & J. T. Willett; $20,000. 16-New York, Gillman, Son & Co's banking house: $200,000. Nov. 5-Richmond. Va., Leon L. Strause, leaf tobacco: $300,500. 13-Boston. Central national bank. Dec. 8-Omaha, W. H. Bennett Co.'s. department store.

23. July 29, 1903 The Columbus Journal Columbus, NE
Article from The Columbus Journal, July 29, 1903

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The ninth assembly of the Salem Interstate Chautauqua will be held at Salem, Neb., August 1 to 9 inclusive. Rev. Lincoln McConnell, who so successfully superintended the enterprise last year, will act in the same capacity this season. The first step in the direction of a new court house for Saunders county was taken the other day. when the commissioners ordered a special election to be held Thursday August 13, 1903, for the purpose of 1 oting on the proposition to issue $85,000 bonds of the denomination of $1,000 each, at 3½ per cent interest, payable eleven years from date. Martin Scheukles' 6-year-old daughter ran in front of a mower in Adams county and her left foot was completely severed. Secretary Rouse of the state banking board is receiving some good reports from the receivers of a number of wrecked banks. The receiver of the Platte Valley bank at Bellwood has reported the first dividend paid to depositors of 5 per cent. The Farmers' bank of Custer county at Broken Bow has reported a 12½ per cent dividend, which makes the total amount paid to depositors 47½ per cent. Sterling will hold a street fair August 13 and 14.

24. June 2, 1906 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, June 2, 1906

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BIG SUIT OVER BANK STOCK Mrs. Eliza Platter Asked to Pay Up for the Benefit of Creditors. INSTITUTION FAILED FOUR YEARS AGO Action is Brought Under Nebraska Statute Making Stockholders Liable for Double Amount of Holdings. Mrs. Eliza Platter, who owns a large farm in this state near Persia, Harrison county, has been made defendant in a $15,000 suit brought against her in the United States court here by Michael J. Holland, receiver of the Platte Valley State bank of Bellwood Neb., which failed in January, 1902. Mrs. Platter it is alleged, bought 100 shares of the stock of the defunct bank at a par value of $100 and paid $50 a share. Receiver Holland sues for $10,000, the face value of the stock, and for $5,000, the amount of her unpaid subscription thereon. The suit is brought under the Nebraska statute making the stockholders of the bank individually responsible to an amount equal to their shares or all liabilities accruing while they remain stockholders. Thomas Platter is made co-defendant in the suit and the sum asked against him is $150 on one share of stock.