Failure of Cedar Rapids bank blamed on law violations
A state banking report by Director Shallenberger cites three main causes for the S. S. Hadley company failure in Cedar Rapids. Law violations by officials for three years, many loans with little or no security, and accumulated frozen assets over which the bank had to take control. The examination notes substantial bad and slow loans, excessive lending, and real estate overvalued on the books. Depositors' claims total $220,388 with only a fraction paid. the rest faces an 84 percent loss after conservation fund coverage.
MENTIONED IN THIS ARTICLE
S. S. Hadley Company
Cedar Rapids
Shallenberger
Nebraska Banking Administration
Guaranty Fund Commission
Conservation Fund
City National Bank of Lincoln
Lincoln Safe Deposit Company
City National Bank
Bank's assets slashed to pay depositors after audit
Auditors value total assets at 36 207 against books 285 784 and note depositor payouts. Of 323 accounts, 59 819 was withdrawn, 193 depositors received 27 297, while 178 depositors with 88 984 received nothing.
Immense 1885 cattle roundup remembered by old timer
The Potter Review recounts an 1885 roundup near Potter Nebraska where 40 to 50 thousand cattle moved down Lodge Pole valley from Pumpkin Creek to Cedar Creek. Cowboys from Laramie and beyond gathered outfits with 15 saddle horses each, delivering a dust-drenched stream of longhorns past the breaking ground from 9 in the morning to 3:30 in the afternoon.
MENTIONED IN THIS ARTICLE
Cheyenne
Nebraska
Harry Courtright
Will Ayers
Ayers
Wheatland
Wyo
Mr Courtright
Potter Review
Charles Anderson
Potter
Laramie
Pumpkin Creek
Cedar Creek
Lodge Pole
Julesburg
South Platte
Colorado
Wyoming
State Fair Grandstand Nearing Completion at 17500 Seats
Preparations for Nebraska's state fair move toward completion with the new grandstand nearly finished. It will open with 17500 seats and novel exhibit spaces underneath. Officials expect attendance at 450000, about 43000 above last year's record.
MENTIONED IN THIS ARTICLE
Nebraska
Nebraska State Fair Fosters Youth and State Development
The state fair serves as a proving ground for 4 H clubs and young people who will lead Nebraska’s future. By showcasing crops cattle and farm methods it nurtures progress and healthy competition. The event fuels farmer inspiration and aims to lift the state’s resources and prosperity through shared ideas and practice.
MENTIONED IN THIS ARTICLE
Fair
Nebraska
Nebraska 4-H Clubs
Building a Real Newspaper The Lincoln Star Ad
The telegraphic news facilities of the Lincoln Star have been tripled over what they were three years ago and have been doubled during the past year. The Star offers full Associated Press reports and the International News Service wires ensuring world and Midwest news coverage. It features comic and literary sections, easy to read type, and invites new readers to subscribe to Nebraska's best newspaper.
MENTIONED IN THIS ARTICLE
Lincoln Star
Star
The
Associated Press
Kansas City Star
St. Louis Post-Dispatch
Milwaukee Journal
Minneapolis Tribune
International News Service
Midwest
the Star
Nebraska
Lincoln Star Subscription Rates Mentioned
A line notes subscription options for Lincoln Star or an authorized agent, listing daily with Sunday at $6.00 per year and daily only at $4.00.
MENTIONED IN THIS ARTICLE
Lincoln Star
Local NY Life Rep Alma Batey Seeks Telegraph Ads
Mrs Alma Batey, a local representative for New York Life, promotes Telegraph Want-Ads. Residence at 1128 5th Ave and telephone 566-LJ 91-TF.
MENTIONED IN THIS ARTICLE
The
New York Life Company
Mth Ave
Parole Hearing Set for Forgery Convict Robert Mitchell
Notice from the Nebraska Board of Pardons states that Robert Mitchell, convicted in Cheyenne County on August 1 1928 for forgery, seeks parole. A hearing is scheduled for 10 AM September 10 1929 at the State Penitentiary Lincoln to determine if the application should be granted, with public opportunity to appear and present cause. Frank Marsh, Secretary. N Harman, Chief Probation Officer.
MENTIONED IN THIS ARTICLE
Robert Mitchell
Cheyenne County
Board of Pardons
State Penitentiary
Lincoln
Nebraska
Parole Hearing Set for 1926 Lincoln Burglar James Brady
James Brady, convicted in Cheyenne County on December 1 1926 for burglary, petitions the Nebraska Board of Pardons for parole. A hearing is scheduled for 10 AM September 10 1929 at the State Penitentiary Lincoln. Citizens may attend to show cause for or against the grant. Secretary, Board of Pardons N T Harmon Chief State Probation Office.
MENTIONED IN THIS ARTICLE
James Brady
Cheyenne County
Board of Pardons
State Penitentiary
Lincoln
Nebraska
Pardons Board Records Albert Arnold Conviction Time
Albert Arnold is noted in the Pardons Board records with a conviction at 10 a m on the 10th day, reflecting official action from the board. The brief entry records the hour and date of the conviction within the proceedings.
Also Mentioned on This Page
Farm Loans and Insurance
Sion
Western Securities Co
C. W. Smith
Roche Bldg
Mer. Sidney
Nebr
Telegraph
Alma Batey
Frank Marsh
N T Harmon
N. T. Harmon
State Probation Office
Albert Arnold
Walter M. Hoops Sidney
Blair Hall
Sterling
Watts Funeral Home
Ambulance Service
Sidney
J. W. Johnson
Sidney’s Leading Insurance Agency
Roche Building
Cheyenne County Abstract Co. Doran
Sidney, Nebr
A. R. LeSueur
Ericson
Daniel Gen
Kretz Radio and Ignition Co
Igni
Commercial Drag & Transfer Co
Sidney A. Moore
Mgr
J. B. Taylor
M. D
L. A. Donahoe
ROCHE
X-Ray Service
Bronson
Ronson
W. W. Shinkle
R. E. Roche, M. D
Res
L. E. Smith
Chas. H. Gardner County Surveyor
Eam Gee
M. Wright
First Avenue
Howard’s Funeral Chapel
Iinois Street
G. Howard
Santis
N.J. Griffith
Joseph Oberfelder
United States
Sidney, Nebraska
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