10164. First National Bank (Oswego, MT)

View Charter #11134 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
11134
Charter Number
11134
Start Date
December 18, 1923
Location
Oswego, Montana (48.059, -105.881)

Metadata

Model
gpt-5-mini
Short Digest
cfe388b37fdd4360

Response Measures

None

Receivership Details

Depositor recovery rate
88.0%
Date receivership started
1923-10-05
Date receivership terminated
1928-04-28
OCC cause of failure
Economic conditions
Share of assets assessed as good
47.7%
Share of assets assessed as doubtful
39.7%
Share of assets assessed as worthless
12.7%

Description

Multiple court notices (Dec 1923–Jun 1924) identify F. G. Gevers as Receiver of the First National Bank of Oswego and list sheriff's sales of assets. No newspaper text describes a depositor run; the bank was placed in receivership and assets were being sold, indicating suspension/closure by receiver (government action). Dates come from filing/service dates in the notices.

Events (6)
1. January 25, 1918 Chartered
Source
historical_nic
2. October 5, 1923 Receivership
Source
historical_nic
3. December 18, 1923 Receivership
Newspaper Excerpt
F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, (successor to Farmers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE, on the 21st day of January, 1924 ... Dated at Circle, Montana this 18th day of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS. J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923 (excerpted).
Source
newspapers
4. December 18, 1923 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership (F. G. Gevers named receiver) as shown in court filings; payments suspended and assets subject to sheriff's sale.
Newspaper Excerpt
F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation
Source
newspapers
5. January 21, 1924 Other
Newspaper Excerpt
TO BE SOLD AT SHERIFF'S SALE, on the 21st day of January, 1924 ... the following described real estate ... (notice lists FIRST NATIONAL BANK OF OSWEGO and F. G. GEVERS, Receiver) (excerpted).
Source
newspapers
6. June 12, 1924 Other
Newspaper Excerpt
TO BE SOLD AT SHERIFF'S SALE on the 12th day of June, 1924 ... (notices name THE FIRST NATIONAL BANK OF OSWEGO, a corporation, F. G. GEVERS, as Receiver of THE FIRST NATIONAL BANK OF OSWEGO) (excerpted).
Source
newspapers

Newspaper Articles (9)
1. December 28, 1923 The Circle Banner Circle, MT
Article from The Circle Banner, December 28, 1923

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Article Text

IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, in AND FOR THE COUNTY OF MCCONE. DR. R. R. POWELL, Plaintiff. vs. PERRY L. McCREA, ETTA McCREA, ms wile, GOLD-STABECK LOAN & CREDIT COMPANY, a corporation, FARMERS & MERCHANTS BANK OF OSWEGO, a corporation, THE FIRST NATIONAL BANK OF OSWEGO, a corporation, (successor to Farmers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, McCONE COUNTY, MONTANA, a body politic and corporate, and MON-TEX OIL COMPANY, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE, on the 21st day of January, 1924, at the hour of Two (2) o'clock P. M. of said day, at the front door of the County Court House at Circle, McCone County, Montana, the following described real estate, situated, lying and being in McCone County, Montana, to-wit: The Southeast Quarter of the Southeast Quarter (SE 1/SS 1/4) of Section One (1) in Township Twenty-five (25) North, Range Forty-two (42) East of the Montana Meridian, and Lot Seven (7) the East Half of the Southwest Quarter (E) and the Southeast Quarter (SE 1/4) of Seclion Six (6) in Township Twentyfive (25) North, Range Fortythree (43) East M. P. M. formerly located and situated in the County of Dawson,State of Montana, and now located and situated in the County of McCone, State of Montana, containing 320 acres, more or less, according to the Government survey thereof. Dated at Circle, Montana this 18th day of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS. J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923

2. January 4, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, January 4, 1924

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Article Text

# SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. DR. R. R. POWELL, Plaintiff. vs. PERRY L. McCREA, ETTA MCCREA, his wife, GOLD-STABECK LOAN & CREDIT COMPANY, a corporation, FARMERS & MERCHANTS BANK OF OSWEGO, a corporation, THE FIRST NATIONAL BANK OF OSWEGO, a corporation, (successor to Farmers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, MCCONE COUNTY, MONTANA, a body politic and corporate, and MON-TEX OIL COMPANY, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE, on the 21st day of January, 1924, at the hour of Two (2) o'clock P. M. of said day, at the front door of the County Court House at Circle, McCone County, Montana, the following described real estate, situated, lying and being in McCone County, Montana, to-wit: The Southeast Quarter of the Southeast Quarter (SE¼SE¼) of Section One (1) in Township Twenty-five (25) North, Range Forty-two (42) East of the Montana Meridian, and Lot Seven (7) the East Half of the Southwest Quarter (E½SW¼) and the Southeast Quarter (SE¼) of Section Six (6) in Township Twenty-five (25) North, Range Forty-three (43) East M. P. M. formerly located and situated in the County of Dawson, State of Montana, and now located and situated in the County of McCone, State of Montana, containing 320 acres, more or less, according to the Government survey thereof. Dated at Circle, Montana this 18th day of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS. J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923

3. January 11, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, January 11, 1924

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Article Text

# SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE, DR. R. R, POWELL, vs. Plaintiff. PERRY L. McCREA, ETTA MCCREA, his wife, GOLD-STABECK LOAN & CREDIT COMPANY, a corporation, FARMERS & MERCHANTS BANK OF OSWEGO, a corporation, THE FIRST NATIONAL BANK OF OSWE- GO, a corporation, (successor to Far- mers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, MCCONE COUNTY, MONTANA, a body politic and cor- porate, and MON-TEX OIL COM- PANY, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE. on the 21st day of January, 1924, at the hour of Two (2) o'clock P. M. of said day, at the front door of the County Court House at Circle, Mc- Cone County, Montana, the following described real estate, situated, lying and being in McCone County, Mon- tana, to-wit: The Southeast Quarter of the Southeast Quarter (SE¼SE¼) of Section One (1) in Township Twenty-five (25) North, Range Forty-two (42) East of the Mon- tana Meridian, and Lot Seven (7) the East Half of the Southwest Quarter (E½SW¼) and the Southeast Quarter (SE¼) of Sec- tion Six (6) in Township Twenty- five (25) North, Range Forty- three (43) East M. P. M. formerly located and situated in the County of Dawson, State of Montana, and now located and situated in the County of McCone, State of Montana, con- taining 320 acres, more or less, ac- cording to the Government survey thereof. Dated at Circle, Montana this 18th ay of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS. J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923

4. January 18, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, January 18, 1924

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Article Text

IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. DR. R. R. POWELL, Plaintiff. vs. PERRY L. McCREA, ETTA MCCREA, his wife, GOLD-STABECK LOAN & CREDIT COMPANY, a corporation, FARMERS & MERCHANTS BANK OF OSWEGO, a corporation, THE FIRST NATIONAL BANK OF OSWEGO, a corporation, (successor to Far- mers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, MCCONE COUNTY, MONTANA, a body politic and cor- porate, and MON-TEX OIL COMPANY, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE. on the 21st day of January, 1924, at the hour of Two (2) o'clock P. M. of said day, at the front door of the County Court House at Circle, Mc- Cone County, Montana, the following described real estate, situated, lying and being in McCone County, Mon- tana, to-wit: The Southeast Quarter of the Southeast Quarter (SE¼SE¼) of Section One (1) in Township Twenty-five (25) North, Range Forty-two (42) East of the Mon- tana Meridian, and Lot Seven (7) the East Half of the Southwest Quarter (E½SW¼) and the Southeast Quarter (SE¼) of Sec- tion Six (6) in Township Twenty- five (25) North, Range Forty- three (43) East M. P. M. formerly located and situated in the County of Dawson, State of Montana, and now located and situated in the County of McCone, State of Montana, con- taining 320 acres, more or less, ac- cording to the Government survey thereof. Dated at Circle, Montana this 18th ay of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS. J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923

5. January 25, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, January 25, 1924

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Article Text

# SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. DR. R. R. POWELL, Plaintiff. vs. PERRY L. McCREA, ETTA MCCREA, his wife, GOLD-STABECK LOAN & CREDIT COMPANY, a corporation, FARMERS & MERCHANTS BANK OF OSWEGO, a corporation, THE FIRST NATIONAL BANK OF OSWE- GO, a corporation, (successor to Far- mers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, MCCONE COUNTY, MONTANA, a body politic and cor- porate, and MON-TEX OIL COM- PANY, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE. on the 21st day of January, 1924, at the hour of Two (2) o'clock P. M. of said day, at the front door of the County Court House at Circle, Mc- Cone County, Montana, the following described real estate, situated, lying and being in McCone County, Mon- tana, to-wit: The Southeast Quarter of the Southeast Quarter (SE¼SE¼) of Section One (1) in Township Twenty-five (25) North, Range Forty-two (42) East of the Mon- tana Meridian, and Lot Seven (7) the East Half of the Southwest Quarter (E½SW¼) and the Southeast Quarter (SE¼) of Sec- tion Six (6) in Township Twenty- five (25) North, Range Forty- three (43) East M. P. M. formerly located and situated in the County of Dawson, State of Montana, and now located and situated in the County of McCone, State of Montana, con- taining 320 acres, more or less, ac- cording to the Government survey thereof. Dated at Circle, Montana this 18th ay of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS, J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923

6. February 1, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, February 1, 1924

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Article Text

# SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT, OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. DR. R. R. POWELL, Plaintiff. vs. PERRY L. McCREA, ETTA MCCREA, his wife, GOLD-STABECK LOAN & CREDIT COMPANY, a corporation, FARMERS & MERCHANTS BANK OF OSWEGO, a corporation, THE FIRST NATIONAL BANK OF OSWE- GO, a corporation, (successor to Far- mers & Merchants Bank of Oswego), F. G. GEVERS, Receiver of the FIRST NATIONAL BANK OF OSWEGO, a corporation, MCCONE COUNTY, MONTANA, a body politic and cor- porate, and MON-TEX OIL COM- PANY, a corporation, Defendants TO BE SOLD AT SHERIFF'S SALE. on the 21st day of January, 1924, at the hour of Two (2) o'clock P. M. of said day, at the front door of the County Court House at Circle, Mc- Cone County, Montana, the following described real estate, situated, lying and being in McCone County, Mon- tana, to-wit: The Southeast Quarter of the Southeast Quarter (SE¼SE¼) of Section One (1) in Township Twenty-five (25) North, Range Forty-two (42) East of the Mon- tana Meridian, and Lot Seven (7) the East Half of the Southwest Quarter (E½SW¼) and the Southeast Quarter (SE¼) of Sec- tion Six (6) in Township Twenty- five (25) North, Range Forty- three (43) East M. P. M. formerly located and situated in the County of Dawson, State of Montana, and now located and situated in the County of McCone, State of Montana, con- taining 320 acres, more or less, ac- cording to the Government survey thereof. Dated at Circle, Montana this 18th ay of December, 1923. FLOYD DAVIS, Sheriff of McCone County, Montana. By OTTO A. KING, Undersheriff. CHAS. J. MARSHALL, Lewistown, Montana, and HOMER A. HOOVER, Circle, Montana. Attorneys for Plaintiff, First publication December 28th, 1923

7. May 30, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, May 30, 1924

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Article Text

# NOTICE OF SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. M. C. DUFFY, Trustee, Plaintiff. vs. ENGEL J. TVETE, a single man, NEDRUD & WOLD, a copartnership, PETTERS AND COMPANY, a corporation, THE FIRST NATIONAL BANK OF OSWEGO, a corpora- tion, F. G. GEVERS, as Receiver of THE FIRST NATIONAL BANK OF OSWEGO, a corporation, and McCONE COUNTY MONTANA, a body politic and corporate, Defendants TO BE SOLD AT SHERIFF'S SALE on the 12th day of June, 1924 at the hour of 2 o'clock P. M. of said day, at the front door of the Court House at Circle, McCone County, Montana, the following described real estate, situated, lying and being in McCone County, Montana, to-wit: Southeast quarter (SE¼), South Half of Northeast quarter (S½NE¼), East half of Northwest quarter (E½NW¼) of Section 21, Township 24 North of Range 46 E. M. P. M. Dated this 12th day of May, 1924. FLOYD DAVIS, Sheriff. By Otto A. King, Under Sheriff.. HOMER A. HOOVER, Attorney for Plaintiff, Circle, Montana. First publication May 16th, 1924

8. June 6, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, June 6, 1924

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Article Text

NOTICE OF SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. M. C. DUFFY, Trustee, Plaintiff. vs. ENGEL J. TVETE, a single man, NEDRUD & WOLD, a copartner- ship, PETTERS AND COMPANY, a corporation, THE FIRST NATION- AL BANK OF OSWEGO, a corpora- tion, F. G. GEVERS, as Receiver of THE FIRST NATIONAL BANK OF OSWEGO, a corporation, and Mc- CONE COUNTY MONTANA, a body politic and corporate, Defendants TO BE SOLD AT SHERIFF'S SALE on the 12th day of June, 1924 at the hour of 2 o'clock P. M. of said day, at the front door of the Court House at Circle, McCone County, Montana, the following described real estate, situated, lying and be- ing in McCone County, Montana, to- wit: Southeast quarter (SE¼), South Half of Northeast quarter (S½- NE¼), East half of Northwest quarter (E½NW¼) of Section 21, Township 24 North of Range 46 E. M. P. M. Dated this 12th day of May, 1924. FLOYD DAVIS, Sheriff. By Otto A. King, Under Sheriff.. HOMER A. HOOVER, Attorney for Plaintiff, Circle, Montana. First publication May 16th, 1924

9. June 20, 1924 The Circle Banner Circle, MT
Article from The Circle Banner, June 20, 1924

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Article Text

NOTICE OF SHERIFF'S SALE IN THE DISTRICT COURT OF THE SEVENTH JUDICIAL DISTRICT OF THE STATE OF MONTANA, IN AND FOR THE COUNTY OF MCCONE. M. C. DUFFY, Trustee, Plaintiff. vs. ENGEL J. TVETE, a single man, NEDRUD & WOLD, a copartner- ship, PETTERS AND COMPANY, a corporation, THE FIRST NATION- AL BANK OF OSWEGO, a corpora- tion, F. G. GEVERS, as Receiver of THE FIRST NATIONAL BANK OF OSWEGO, a corporation, and Mc- CONE COUNTY MONTANA, a body politic and corporate, Defendants TO BE SOLD AT SHERIFF'S SALE on the 12th day of June, 1924 at the hour of 2 o'clock P. M. of said day, at the front door of the Court House at Circle, McCone County, Montana, the following described real estate, situated, lying and be- ing in McCone County, Montana, to- wit: Southeast quarter (SE¼), South Half of Northeast quarter (S½- NE¼), East half of Northwest quarter (E½NW¼) of Section 21, Township 24 North of Range 46 E. M. P. M. Dated this 12th day of May, 1924. FLOYD DAVIS, Sheriff. By Otto A. King, Under Sheriff.. HOMER A. HOOVER, Attorney for Plaintiff, Circle, Montana. First publication May 16th, 1924