10038. Stanton Trust & Savings Bank (Great Falls, MT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
trust
Start Date
October 1, 1926*
Location
Great Falls, Montana (47.500, -111.301)

Metadata

Model
gpt-5-mini
Short Digest
de5fd1723f1d14b8

Response Measures

None

Description

Both articles (Oct 1926) describe the Stanton Trust & Savings Bank of Great Falls as 'now defunct' / 'closed' and report suits by depositors' heirs against stockholders to recover deposited funds. There is no mention of a depositor run preceding the closure nor of a reopening or receivership in the excerpts. Therefore this appears to be a suspension/closure (permanent) rather than a run-driven episode.

Events (1)
1. October 1, 1926* Suspension
Cause Details
Bank is described as closed/defunct; specific trigger for suspension or closure not given in the articles.
Newspaper Excerpt
A second suit against stockholders of the now defunct Stanton Trust & Savings bank of Great Falls... the money not withdrawn when the bank closed.
Source
newspapers

Newspaper Articles (2)
1. October 12, 1926 The Billings Gazette Billings, MT
Article from The Billings Gazette, October 12, 1926

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Article Text

Depositor's Heirs Bring Suit Against Bank Stockholders Oct 11.- second against of the now defunet Stanton Trust of Great Falls has brought the supreme court This action brought by legatees Henry Bermeister. left cash estate of deposited in the ton Distributions had been made with the approval of the district court but the money withdrawn when the bank William

2. October 29, 1926 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, October 29, 1926

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Article Text

day. The registration figures are certified to the secretary of state by county officials. A decrease of 13,682 is noted in comparing total figures, this slump being explained by the fact that a presidential election brings out the largest vote. At the primaries the certified lists show a total of 205,822 voters, hence, between the primaries and the closing date for registration 11296 residents have registered in the state. A second suit against stockholders of the now defunct Stanton Trust & Savings bank of Great Falls has been brought to the supreme court. This action is brought by legatees of Henry Bermeister who left a cash estate of $36,740.68 deposited in the Stanton bank. Distributions had been made with the approval of the district court but the money not withdrawn when the bank closed. William Rohr and other beneficiaries seek to recover pro-rata amounts from the bank stockholders to make up the amount decreed to them, holding that the deposit was a trust fund.