Laurel State Bank - Laurel, NE

Episode Information

Episode UID: 9942810991550
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 994281099 hash
Start Date: February 8, 1929
Location: Laurel, Nebraska (42.429, -97.090)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 223cc46f2fb3fcf2

Response Measures

None

Description

Article is in a receivership roundup indicating the Laurel State Bank was closed and a receiver/replacement in charge.

Events (2)

1. February 8, 1929 Receivership

Newspaper Excerpt: former receiver at the State bank at Laurel, has gone to Dixon, leaving Miss Fielda Frahm temporarily in charge of the Laurel State bank.
Source: newspapers

2. February 8, 1929 Suspension

Cause: Government Action
Cause Details: Bank was closed and under receivership with receiver personnel reassigned.
Newspaper Excerpt: George Boucher of South Sioux City, formerly receiver at the State bank at Laurel, has gone to Dixon, leaving Miss Fielda Frahm temporarily in charge of the Laurel State bank.
Source: newspapers

Newspaper Articles (1)

1. February 8, 1929 The St. Edward Advance St. Edward, NE

Article from The St. Edward Advance, February 8, 1929

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Article Text

RECEIVERS FOR CLOSED NEBRASKA BANKS CHANGED Coleridge, Neb., (Special)—George Cronkleton, receiver of the Laurel National, Wynot National and Wausa National banks, as well as some others in northeast Nebraska, has been named receiver of the First National bank of Coleridge. He will be assisted here by Roy Flaherty. A 15 per cent. dividend amounting to $75,000 will be paid to depositors of the Laurel National bank this week, according to Cronkleton. This is the third payment he is making at the Laurel bank. Herbert Knox, who has been at the closed state bank in Dixon, has gone to Concord and George Boucher of South Sioux City, formerly receiver at the State bank at Laurel, has gone to Dixon, leaving Miss Fielda Frahm temporarily in charge of the Laurel State bank. WALNUT LOGS SHIPPED FROM KNOX COUNTY Bloomfield, Neb., (Special)—Four carloads of choice walnut logs have been shipped from the Weigand timber in Herrick township by a squad of men in the employ of Penrod, Jordan and Clark of Des Moines. They will be used in the manufacture of furniture. The quality of the walnut trees in this tract, the former home of Leonard Weigand, one of Knox county's earliest pioneers, attracted the attention of the war department during the World war and a large shipment of these logs was used in the manufacture of gunstocks. Only logs of a large size were shipped to Des Moines. The tops measuring less than a 10 inch diameter were sold to local farmers for fence posts and fuel. HEART BALM CASE IS SETTLED OUT OF COURT York, Neb., —Sophie Reeb, who was awarded a $6,600 heart balm verdict in district court recently against Sim Stark, 63 years old, widower, and wealthy landowner of Bradshaw, has settled the case out of court without appeal, attorneys announced. The settlement is understood to have for more than $5,000. Stark's children seriously objected to the marriage. Miss Reeb lives near Hordville.