Guaranty State Bank - Emerado, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 11, 1928
Location: Emerado, North Dakota (47.919, -97.365)

Metadata

Model: gpt-5-mini
Short Digest: 59288d3ba168d730

Response Measures

None

Description

Article (The Bismarck Tribune, 1928-01-11) reports dividends being paid to depositors of the Guaranty State Bank of 'Esmerado' (OCR typo for Emerado) by L. R. Baird, receiver of closed banks. This indicates the bank had been closed and was in receivership; no run is described in the excerpt.

Events (1)

1. January 11, 1928 Receivership

Newspaper Excerpt: Dividends of 10 per cent are being paid to depositors of two banks ... Depositors in the Guaranty State Bank of Esmerado ... are receiving the dividends, which are being paid through C. W. ... L. R. Baird, receiver of closed banks, announced today.
Source: newspapers

Newspaper Articles (1)

1. January 11, 1928 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 11, 1928

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Article Text

DIVIDENDS PAID Dividends of 10 per cent are being paid to depositors of two banks in the Devils Lake district, L. R. Baird, receiver of closed banks, announced today. Depositors in the Guaranty State Bank of Esmerado and the Mountain State of Mountain are receiving the dividends, which are being paid through C. W.