Article (The Bismarck Tribune, 1932-02-06) reports payment of a 10% dividend to depositors by the receiver of state banks for Gwinner State Bank, indicating the bank had been placed in receivership and was closed. No run is mentioned in the article. Classification: suspension leading to closure/receivership.
Events (2)
1.February 6, 1932Other
Newspaper Excerpt
DEPOSITORS GET DIVIDEND Payment of a 10 per cent dividend to depositors of the Gwinner State bank was announced Saturday at the office of the receiver of state banks
Source
newspapers
2.*Receivership
Newspaper Excerpt
Payment of a 10 per cent dividend to depositors of the Gwinner State bank was announced Saturday at the office of the receiver of state banks
Source
newspapers
Newspaper Articles (1)
1.February 6, 1932The Bismarck TribuneBismarck, Mandan, ND
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Article Text
DEPOSITORS GET DIVIDEND Payment of a 10 per cent dividend to depositors of the Gwinner State bank was announced Saturday at the office of the receiver of state banks