10168. First State Bank (Ovando, MT)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
May 24, 1928
Location
Ovando, Montana (47.020, -113.133)

Metadata

Model
gpt-5-mini
Short Digest
da603ae62782d4ed

Response Measures

None

Description

Notices in May 1928 identify Arthur J. Lochrie as Receiver of the First State Bank of Ovando and call for presentation of claims โ€” indicating the bank was placed in receivership (closed) by court action. Articles do not describe any depositor run or heavy withdrawals, only the receivership notice. I corrected no names; dates taken from publication (May 24 and May 31, 1928) and used the earlier publication date for event dating.

Events (2)

1. May 24, 1928 Receivership
Newspaper Excerpt
all claims must be presented to Arthur J. Lochrie, Receiver of the First State Bank of Ovando, with legal proof of the claims at the law office of S. P. Wilson ... within ninety days from this date, or in case of failure so to present said claims, the same thereafter will be disallowed and barred. ARTHUR J. LOCHRIE, Receiver of First State Bank of Ovando.
Source
newspapers
2. May 24, 1928 Suspension
Cause
Government Action
Cause Details
Court-appointed receiver (Arthur J. Lochrie) named for First State Bank of Ovando; bank described as 'formerly situated' at Ovando, indicating suspension/closure by authorities.
Newspaper Excerpt
The First State Bank of Ovando, Montana, corporation, Defendant. Notice is hereby given to all persons who may have claims against the First State Bank of Ovando, formerly situated at Ovando ... that all claims must be presented to Arthur J. Lochrie, Receiver of the First State Bank of Ovando
Source
newspapers

Newspaper Articles (2)

Article from The Silver State Post, May 24, 1928

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Article Text

NOTICE TO CREDITORS Estate of Stephen T. Thrasher, deceased. Notice is hereby given the the Estate undersigned, Stephen the Executor Thrasher, deceased, persons having creditors to the said claims necessary vouchers, with the hibit them first pubafter the within four months Exlication this notice Law ecutor Lodge, Street, Deer 300 Main Keeley, being the place Montana, the the for the transaction County of Powell, estate, in the said State of ANTWINE Estate of Stephen Executor the Thrasher, Deceased. Montana, this Deer Lodge, Dated 7th 1928. May 31, May last First pub. NOTICE TO CREDITORS In the District Court of the Third Judicial District of the State of Montana, in and for the County of Powell. The State of Montana, ex rel Wellington D. Rankin, Attorney General, The Plaintiff, First State Bank of Ovando, Montana, corporation, Defendant. Notice is hereby given to all persons who may have claims against the First State Bank of Ovando, formerly situated at Ovando, in Powell County, Montana, that all claims must be presented to Arthur J. Lochrie, Receiver of the First State Bank of Ovando, with legal proof of the claims at the law office of S. P. Wilson, at 313 Missouri avenue, Deer Lodge, Montana, within ninety days from this date, or in case of failure so to present said claims, the same thereafter will be disallowed and barred. forever J. LOCHRIE, ARTHUR Bank of First State Receiver of 5-2t Ovando.


Article from The Silver State Post, May 31, 1928

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Article Text

NOTICE TO CO-OWNER To Hall and his heirs, execuadministrators assigns: You are hereby notified that the ndersigned, your co-owners, ccordance the laws of the United tates expended in labor and improvenents upon the Redeemer Quartz Lode fining Claim, situated the Zozel unorganized) Mining District, in PowCounty, State of Montana, the sum One Hundred ($100) Dollars for the ear ending at 12:00 o'Clock Meridian, July 1924, the further sum One Hundred ($100) Dollars, for the ear ending at o'Clock Meridian, of July 1925, the further sum Hundred ($100) Dollars, for the ending at o'Clock Meridian, July 1926, the further sum of One Hundred ($100) Dollars, for the year nding o'Clock Meridian, on uly 1927: that during have each expended of said labor the and undersigned improvements upon and for benefit of said quarts mining laim, the sum of One Hundred ($100) hat there now due from you to said undersigned, as your portion o-wit: one eight thereof of the entire um expended for the years above mentioned, the sum Fifty ($50) Dolare, and that if within ninety days after completing service of this notice to publication, you fall refuse remit your portion of interest said expenditure in said your will become puartz he property lode mining of the claim undersigned as provided Signed by this law 13th day of March. 1928. FRANK SMELSER, JOHN PIERCE, Co-owner. CHAS. T. STARK, Co-owner. H. W. EVANS, pub. March 15, last June 14, 1928. NOTICE TO CREDITORS Estate of Stephen T. Thrasher, deceased. Notice is hereby given the undersigned, the Executor Estate Stephen Thrasher, deceased, to ving the creditors claims of and the said all deceased. persons to exhibit them with the necessary vouchers, within four months after the first publication of this notice Offices the of said ExLaw ecutor Keeley, 300 the Main Street, Deer Lodge, Montana, the being the place of the transaction of the said for estate. in the County of Powell, State of Montana ANTWINE THRASHER, Executor of the Estate of Stephen Dated Thrasher, at Deer Deceased. Lodge, Montana, this First 7th day pub. May 10, 1928. last May 31, 1928. NOTICE TO CREDITORS In the District Court of the Third Judicial District of the State of Montana, in and for the County of Powell. The State of Montana, ex rel Wellington D. Rankin, Attorney General, Plaintiff, VS. The First State Bank of Ovando, Montana, corporation, Defendant. Notice is hereby given to all persons who may have claims against the First State Bank of Ovando, formerly situated at Ovando, in Powell County, Montana, that all claims must be presented to Arthur J. Lochrie, Receiver of the First State Bank of Ovando, with legal proof of the claims at the law office of S. P. Wilson, at 313 Missouri avenue, Deer Lodge, Montana, within ninety days from this date, or in case of failure so to present said claims, the same thereafter will be disallowed and forever barred. ARTHUR J. LOCHRIE, Receiver of First State Bank 5-2t of Ovando.