First National Bank - Neihart, MT

Bank Information

Episode Type: Run Only
Bank Type: national
Bank ID: 4600
Charter Number: 4600
Start Date: October 7, 1893
Location: Neihart, Montana (46.933, -110.736)

Metadata

Model: gpt-5-mini
Short Digest: 0bdd9dc1373e71f2

Response Measures

No run

Description

Article (1893-10-07) reports a sudden withdrawal of $4,000 of county funds from the First National, apparently moved out after another bank 'across the range' suspended. There is no statement that the First National suspended or closed; bank officer reports business increasing. Classified as a run_only (local contagion from another bank's suspension prompted withdrawals).

Events (3)

1. July 22, 1891 Chartered

Source: historical_nic

2. October 7, 1893 Run

Cause: Local Banks
Cause Details: Funds were suddenly withdrawn, apparently moved because a suspended bank elsewhere (the suspended bank across the range) tied up funds, prompting withdrawal from First National.
Newspaper Excerpt: It is said that $4,000 of county funds on deposit here was suddenly drawn off from this bank, just in time to tie it up in the suspended bank across the range.
Source: newspapers

3. June 11, 1894 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. October 7, 1893 The Neihart Herald Neihart, MT

Article from The Neihart Herald, October 7, 1893

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Article Text

to the Falls. Rev. W. W. VanOrsdel was in town Wednesday of this week. The next silver meeting will be held tonight when everybody is expected to be there. Episcopal church service will again be held tomorrow evening in the usual place at 7:30 p. m. Sundav school at 2:30. All are cordially invited. Geo. L. Johnston just made a trip to Helena and returned. He is feeling in the best of spirits but we do not know whether the Florence is going to resume or not. We are obliged to Mrs. J. C. Kenmonth for specimens of opal-bearing quartz from near Opaline, Idaho, which have been added to the already large mineral cabinet at this office. The London boys got returns this week on their first shipment of ore and we are told, were more than gratified at results. They have goñe to work there again and in dead earnest. Andy Nelson and Wm. Jenkins are of the party. In one breath the Neihart Miner tells us to "use Skookum Root hair grower," and in the next, "if your hair is falling out, apply Hall's hair renewer." As we strictly oppose all mixtures, we halt between two opinions, while premature disintegration is plying its deadly work in the place where our bangs ought to be. Will not some great head rise up and solve this hair-splitting question? H. J. Skinner, of the First National, reports business decidedly on the increase, and speaks cheerily of future prospects. This strong institution is enough to cause our citizens to feel justly proud. Proud in the fact, too, that we have two banks, the only two in the county whose doors have not been closed. It is said that $4,000 of county funds on deposit here was suddenly drawn off from this bank, just in time to tie it up in the suspended bank across the range. David Dowty, who has been here about three months in the employ of the Driver-Bradley Drug company returned Thursday to the Falls. Mr. Dowty was a trusted employe and a competent salesman. He made a record while here of attention to business, of honor and affability which shows him a natural born gentleman. We regret to lose him from our list of young men but send him away with a shower of our best wishes. Andy Nelson and Billy Jenkins got back last Friday from a voyage of exploration to the Lost Fork country. They were examining some caves in that vicinity with a view to spying out mineral forma-