10892. First State Bank (Fredonia, ND)

Bank Information

Episode Type
Suspension โ†’ Reopening
Bank Type
state
Start Date
March 23, 1933
Location
Fredonia, North Dakota (46.329, -99.096)

Metadata

Model
gpt-5-mini
Short Digest
9771d0c04fbb818e

Response Measures

None

Description

Articles (dated 1933-03-23) report First State Bank of Fredonia among 14 state banks that 'reopened yesterday for unrestricted operation' after prior statewide closures. The suspension itself is not described in these clippings but is implied as part of the bank closures/examinations around the March 1933 banking holiday; reopening was ordered by the state examiner.

Events (2)

1. March 23, 1933 Reopening
Newspaper Excerpt
Fourteen additional state banks reopened yesterday for unrestricted operation, bringing to 52 the total now doing business on a normal basis... Fredonia- First State Bank.
Source
newspapers
2. * Suspension
Cause
Government Action
Cause Details
Implied prior closure as part of state-ordered bank suspensions/examinations around the March 1933 banking holiday; state examiner conducting audits before permitting reopenings.
Newspaper Excerpt
Applications for reopening are being granted as rapidly as the proper audits can be made.
Source
newspapers

Newspaper Articles (2)

Article from Grand Forks Herald, March 23, 1933

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Article Text

14 ADDITIONAL STATE BANKS OPENED IN N.D. Applications Granted as Rapidly as Audits Can Be Made. additional state banks reopened Wednesday for unrestricted operation, bringing to 52 the total now doing on normal basis examinorders the group of banks reopen Wednesday, while examiners continue audits of other state banks with view to permitting reopenings week. Semingson again out opening of number of banks should not be interpreted as meaning other banks are not in position to do Applications for reopening are being granted as rapidly as the proper audits can made. banks reopened Monday, and eleven Tuesday. The 14 reopened Wednesday are: Alice, State Bank of Alice: Beulah, German State Bank; Dunn Center, Union Bank of Dunn Center; Elgin, Farmers Merchants Bank; Fredonia, First State Bank: Hague, First State Bank; Litchville, Litchville State Bank; Mercer, The Mercer State Bank; Minto, Bank of Minto; Noonan, First International Bank; Silva, First State Bank Strasburg, First State Bank of Strasburg; Velva, Peoples State Bank; Zap, First State Bank.


Article from The Minneapolis Journal, March 23, 1933

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Article Text

14 More State Banks Reopen Bismarck, N. D., March 23Fourteen additional state banks reopened yesterday for unrestricted operation, bringing to 52 the total now doing business on a normal basis. Gilbert Semingson, state examiner, telegraphed orders to the group of banks to reopen today while examiners continue audits of other state banks with view to permitting additional reopenings this week. Twenty-seven banks reopened to day and eleven Tuesday. The fourteen reopened today are: Alice-State Bank of Alice. Beulah- German State Bank. Dunn Center-Union Bank of Dunn Center Eigine-Parmers & Merchants Fredonia- First State Bank. Hague- First State Bank. Litchville- Litchville State Bank Mercer- The Mercer State Bank Minto- Bank of Minto. Noonan First International Bank. First State Bank. Strassburg- First State Bank of Velva- Peoples State Bank. Zap-First State Bank. N. D. WOMAN DIES Bismarck, N. D., March 23 Mrs. Emma Eskes, 77 years old. resident of North Dakota since 1884, died here Monday from pneumonia, Funeral and burial services will be conducted at Coleharbor Friday.