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==History== The area of the townsite was established on May 23, 1907, with the sale of {{convert|282.7|acres|ha m2}} of land owned by Omaha newspaper editor [[George L. Miller]] to the Ralston Investment Company. A year later the town was platted by future Omaha mayor [[List of mayors of Omaha, Nebraska|Roy N. Towl]].<ref name=":0">{{Cite book|title=Early history of Ralston, Nebraska. Second Edition.|last=Shooter|first=Alice|publisher=A. Shooter. Reprinted by the Ralston Centennial Committee.|year=1987|location=NE|pages=12β14, 30β32, 35β38, 50β51}}</ref> A petition to incorporate the property as a village was submitted to the Douglas County Board of Commissions on June 22, 1912, which was adopted by the Board two days later on June 24.<ref name=":0" /> The still nascent village experienced a devastating blow to its development on Easter, March 23, 1913, when a tornado tore through the downtown area.<ref name=":0" /> The 1913 Easter Tornado was part of a [[March 1913 tornado outbreak sequence]] that ripped through the Southern and Midwestern regions of the United States. In 1934, following a fire that destroyed half a city block, Ralston declared bankruptcy; it was one of the first cities in the United States to do so.<ref>Moring, Roseann. [http://www.omaha.com/news/metro/how-the-ralston-arena-became-a-financial-train-wreck-and/article_976b8240-6677-5013-97cb-ef67f4ea7ce7.html "How the Ralston Arena became a financial 'train wreck,' and dragged the city with it".] ''Omaha World-Herald''. September 1, 2015. Retrieved July 24, 2017.</ref>
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