10707. Golden Valley State Bank (Beach, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
December 1, 1927
Location
Beach, North Dakota (46.918, -104.004)

Metadata

Model
gpt-5-mini
Short Digest
6846612f58fa523a

Response Measures

None

Description

Newspaper articles identify L. R. Baird as receiver of the Golden Valley State Bank of Beach and describe the bank as an insolvent corporation. No articles describe a depositor run or reopening; the bank was in receivership and involved in litigation. Therefore this appears to be a suspension leading to permanent closure/receivership (no evidence of reopening). Dates derived from publication metadata and article text.

Events (3)

1. December 1, 1927 Receivership
Newspaper Excerpt
L. R. Baird, as receiver of the Golden Valley State Bank of Beach an insolvent corporation ... (Bismarck Tribune, 1927-12-01).
Source
newspapers
2. December 2, 1927 Other
Newspaper Excerpt
Endorsers of notes are relieved ... in the case of L. R. Baird as receiver for the Golden Valley State Bank of Beach vs. J. A. Miller and C. E. Joslyn. (Bismarck Tribune, 1927-12-02)
Source
newspapers
3. September 12, 1934 Other
Newspaper Excerpt
L. R. Baird, receiver of the Golden Valley State Bank at Beach, versus J. P. Reeve, September 12. (Bismarck Tribune, 1934-09-01 listing of court calendar)
Source
newspapers

Newspaper Articles (3)

Article from The Bismarck Tribune, December 1, 1927

Click image to open full size in new tab

Article Text

From Golden Valley County L. R. Baird, as receiver of t Golden Valley State Bank of Beach an insolvent corporation plaint and respondent -VS- J.A. Mil and C. E. Joslyn, defendants, J. Miller, appellant. SYLLABUS: (1) Where notes are endorsed a


Article from The Bismarck Tribune, December 2, 1927

Click image to open full size in new tab

Article Text

THE BISMARCK TRIBUNE the Jeschke Estate, the supreme near Stanton for the pa court held is a case appealed from formerly living in Bald Stark county district court. The groom is Edward The case resulted f m the fact er, a successful young of Mr. and Mrs. H. F. that Jeschke facing death in a hoswho have been very pital, gave a friend a certificate of farmers in this vicinity deposit issuęd by the bank and in15 years and are highly structed him that the money was The wedding occurred for his daughters. The money was of the bride's parénts an claimed bot'. by the daughters and drove to their new farm the administrator of the estate and Mott by airplane. They the bank refused to make payment south soon for the wint without à court order designating Eaglerock biplane and the owner. honeymoon in the sunn The supreme court held that John Oklahoma and Texas, b Jeschke intended the money as a turn to their Mott farm : gift to his daughters and the fact that it was given by him to a third Burn person for delivery did not affect Beulah Coa the validity of the sift. Endorsers of notes are relieved Wachter Transfer of liability to a bank in cases where Phone 62 the original notes ar. surrendered to the maker and new notes, without the signature of the endorser, are issued in their place, the supreme court has held in the case of L. R. Baird as receiver for the Golden Valley State Bank of Beach vs. J. A. Miller and C. E. Joslyn. The decision reverses the Golden Valley district court which held in Baird's Some favor. As presented to the court the record shows that Miller endorsed Joslyn's not and the the latter Al took up part of the indebtedness and gave a new note for the balance which was never paid. Satur


Article from The Bismarck Tribune, September 1, 1934

Click image to open full size in new tab

Article Text

SUPREME COURT IV HEAR 19 CASES IN TERM SEPTEMBER 11 List Includes Ward County Action Over Commissioner District Changes Nineteen cases have been set for hearing on the September calendar of the state supreme court which will open its term September 11. Among the 19 will be the action brought in the name of the State by C. R. Verry against William Murray, Josephine U. Marsh and A. G. Torgerson, individually and as the redistricting board of Ward county. The case involves the question of change in the county commissioner districts, giving Minot additional members of the board. Verry is the appelant. The case will be heard September 11. Other cases to be heard include: The Equitable Life Assurance Society of the United States versus John L. Boisvert and Blanche Boisvert, Sept. 11; Ward county, versus Milford Ankenauer, as defendant and Burke county as appelant; L. A. Corey, as receiver of the North Dakota Lumber company as respondent versus George L Wertzler and others as defendants and George L. Wertzler and W. G. Connors as appelants; and L. R. Baird, receiver of the Golden Valley State Bank at Beach, versus J. P. Reeve, September 12; Grand Forks county, P. M. C. Hjelmstad and others as commissioners of Grand Forks county versus Ward county and Bertle Jacobsen and others as commissioners oi Ward county, September 12. September 13: Griggs county versus Cass county; State of North Dakota versus Eben W. Chaffee; C. F. Bowers, versus Great Northern railway, September 14; Katherine L. Bowers and Ella J. Martin versus Andrew S. Hogan; Mrs. Bessie Scheid versus J. E. Cavanagh; C. J. McGurren and Clinton Smith versus Noyes Brothers and Cutler. September 18: Evelyn Posey, by her guardian, Clara Posey, as respondent versus Blanche A. Krogh, appellant, and Harriet Milne by R. B. Milne, her guardian versus Blanche A. Krogh; Mrs. C. R. Jolley versus D. H. Begeman as sheriff of Kidder county, and State of North Dakota doing business as bonding fund of the State of North Dakota. Black Diamond Fuel company versus William J. Billstein and Western Surety Company, defendants and Western Surety Company, as appellant. September 19: The First National Bank of Dickinson versus Rudolf Rohlik; First National Bank of Dickinson versus Walter R. Kling and R. S Brookings as defendants and R. S. Brookings appelant; Joseph Thomas versus New York Life Insurance Corporation; Christian F. versus American National Bank of St. Paul, Minn.