10948. Citizens State Bank (Hazen, ND)

Bank Information

Episode Type
Suspension β†’ Closure
Bank Type
state
Start Date
January 7, 1922
Location
Hazen, North Dakota (47.294, -101.623)

Metadata

Model
gpt-5-mini
Short Digest
5978e0c91dabdfa8

Response Measures

None

Description

Sources consistently report the Citizens State Bank of Hazen as closed and placed in receivership (C. F. Kellogg named receiver in Jan 1922). Asset-sale legal notices (Oct–Nov 1922) list the bank as a closed bank with a receiver. Later items (1924, 1925) describe the bank as 'defunct' or reporting dividends paid to depositors and the building taken by another bank, indicating it did not resume operations. No articles describe a depositor run prior to suspension. Classification: suspension leading to permanent closure with receiver.

Events (5)

1. January 7, 1922 Receivership
Newspaper Excerpt
BANKS PUT UNDER KELLOGG'S CARE ... Citizens State Bank of Hazen ... Kellogg was named receiver for the Bismarck district and will have headquarters in this city.
Source
newspapers
2. January 7, 1922 Suspension
Cause
Government Action
Cause Details
State banking authorities named C. F. Kellogg receiver for a group of closed banks including Citizens State Bank of Hazen (official receivership/closure by state examiner).
Newspaper Excerpt
BANKS PUT UNDER KELLOGG'S CARE ... Citizens State Bank of Hazen ... Kellogg was named receiver for the Bismarck district and will have headquarters in this city.
Source
newspapers
3. October 26, 1922 Other
Newspaper Excerpt
Citizens' State Bank, Hazen, North Dakota. C. F. Kellogg, receiver, Bismarck. Itemized lists of the assets are on file in the office of the state examiner at Bismarck, and with the receivers of the above banks. Bids should contain terms of payment ... up to November 15, 1922.
Source
newspapers
4. March 24, 1924 Other
Newspaper Excerpt
United States Bank of Stanton has been granted permission by the State Guaranty Fund Commission to move to Hazen and will establish itself here in the banking house of the defunct Citizens State Bank. Roy Seibert, receiver for the Citizens State Bank, is cashier of the Union State Bank and will be cashier in the new
Source
newspapers
5. June 9, 1925 Other
Newspaper Excerpt
Other banks on which dividends have been paid by the receiver, in addition to the 10 percent of the depositors guaranty fund commission, are: ... Citizens State bank of Hazen, 10 percent;
Source
newspapers

Newspaper Articles (10)

Article from The Bismarck Tribune, January 7, 1922

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Article Text

BANKS PUT UNDER KELLOGG'S CARE agast Banks in the Bismarck district, which will be in charge of Charles F. Kellogg, formerly of New Salem, recently of Fargo, are: People's State Bank of Leith, Farmers and Merchants Bank of Robinson, Citizens State Bank of Hazen, First State of Crystal Springs, Timmer State Bank of Timmer. Kellogg was named receiver for the Bismarck district and will have headquarters in this city.


Article from Grand Forks Herald, October 26, 1922

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LEGÁL NOTICES BANK ASSETS FOR SALE Sealed blds for the purchase of all the assets of the closed banks listed below will be received up to November 15, 1922: Farmers State Bank, Greene, North Dakota. W. E. Burgett, receiver, Flaxton. Citizens' State Bank, Edgeley, North Dakota. O. L. Engen, receiver, Fargo. State Bank of Milton, Milton, North Dakota. John Vallely, receiver, Grand Forks, First State Bank, Crystal Springs, North Dakota. H. B. Hanson, receiver, Crystal Springs. Bank of New Rockford, New Rockford, North Dakota. C. H. Reimers, receiver, Carrington. Peoples' State Bank. Leith, North Dakota. C. F. Kellogg, receiver, Bismarck. Peoples State Bank, Grand Forks, North Dakota. John Vallely, receiver, Grand Forks. Crocus State Bank, Crocus, North Dakota. Fred F. Walz, receiver, Egeland. Security State Bank, Courtenay, North Dakota. C. H. Reimers, receiver, Carrington. Prosper State Bank, Prosper. North Dakota. O. L. Engen. receiver, Fargo. Timmer State Bank, Timmer, North Dakota. C. F. Kellogg, receiver, Bismarck. Williston State Bank, Williston, North Dakota. G. R. Van Sickle, receiver, Minot. Citizens' State Bank, Pingree, North Dakota. C. H. Reimers, receiver, Carrington. Citizens' State Bank, Hazen, North Dakota. C. F. Kellogg, receiver, Bismarck. Security State Bank, Brantford, North Dakota. C. H. Reimers, receiver, Carrington. Bank of Leal, Leal, North Dakota. C. I. Buslee, special deputy examiner, Leal. Peoples' State Bank, Hatton. North Dakota. O. L. Engen, receiver, Fargo. Citizens' State Bank, Bathgate, North Dakota. John Vallely, receiver, Grand Forks. Sawyer State Bank, Sawyer, North Dakota. G. R. Van Sickle, receiver, Minot. Itemized lists of the assets are on file in the office of the state examiner at Bismarck, and with the receivers of the above banks. Bids should contain terms of payment and may include time certificates of deposit in going banks in the same community, all bids to be accompanied by certified check of one per cent of the amount of the bid. All bide should be addressed to Gilbert Semingson, state examiner, Bismarck, North Dakota, and the State Banking Board reserves the right to reject any and all bids. (Herald Oct. 26-27; Nov. 2-3.)


Article from Grand Forks Herald, October 27, 1922

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Article Text

LEGAL NOTICES BANK ASSETS FOR SALE Sealed bids for the purchase of all the assets of the closed banks listed below will be received up to November 15, 1922: Farmers. State Bank, Greene, North Dakota. W. E. Burgett, receiver, Flaxton. Citizens' State Bank, Edgeley. North Dakota, O. L. Engen, receiver, Fargo. State Bank of Milton. Milton, North Dakota. John Vallely, receiver, Grand Forks. First State Bank, Crystal Springs, North Dakota. H. B. Hanson, receiver, Crystal Springs. Bank of New Rockford. New Rockford, North Dakota. C. H. Reimers, receiver, Carrington. Peoples' State Bank; Leith. North Dakota. C.F. Kellogs, receiver, Bismarck. Peoples State Bank, Grand Forks, North Dakota. John Vallely, receiver, Grand Forks. CrocumState Bank, Crocus, North Dakota. Fred F Walz, receiver, Egeland. Security State Bank, Courtenay, North Dakota. C. H. Reimers, receiver, Carrington. Prosper State Bank, Prosper. North Dakota. O. L. Engen, receiver, Fargo. Timmer State Bank, Timmer, North Dakota. C. F. Kelfogg, receiver, Bismarck. Williston State Bank, Williston, North Dakota. G. R. Van Sickle, receiver, Minot. Citizens' State Bank, Pingree, North Dakota. C. H. Reimers, receiver, Carrington. Citizens' State Bank, Hazen. North Dakota. C. F. Kellogs. receiver, Bismarck. Security State, Bank, Brantford, North Dakota. C. H. Reimers, receiver, Carrington. / Bank of Leal, Leal, North Dakota. C. I. Buslee, special deputy examiner, Leal.


Article from Grand Forks Herald, November 2, 1922

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TYPEWRITERS FOR SALE REBUILT MACHINES $30 AND UP; guaranteed for one year. Send for catalog. Russell E. Spear, Grand Forks. WANTED TO BUY. LATE MODEL FORD TOURING CAR wanted. Must be in good condition and reasonable. Phone 2551-J. WANT TO BUY - MEDIUM SIZE house at reasonable price. O. E. Fosse. Box 131. WANTED TO BUY-USED CAR. FORD sedan preferred. George Andrysak, Hannah, N. D. LEGAL NOTICES. BANK ASSETS FOR SALE Sealed bids for the purchase of all the assets of the closed banks listed below will be received up to November 15, 1922: Farmers State Bank, Greene, North Dakota. W. E. Burgett. receiver, Flaxton. Citizens' State Bank, Edgeley. North Dakota. O. L. Engen. receiver, Fargo. State Bank of Milton. Milton, North Dakota. John Vallely, receiver, Grand Forks, First State Bank, Crystal Springs. North Dakota. H. B. Hanson, receiver. Crystal Springs. Bank of New Rockford. New Rockford. North Dakota. C. H. Reimers, receiver, Carrington. Peoples' State Bank. Leith. North Dakota. C. F. Kelloge, receiver. Bismarck. Peoples State Bank. Grand Forks, North Dakota. John Vallely. receiver, Grand Forks. Crocus State Bank, Crocus, North Dakota, Fred F. Walz. receiver. Egeland Security State Bank, Courtenay. North Dakota. C. H. Reimers, receiver, Carrington. Prosper State Bank, Prosper North Dakota. D. L. Engen. receiver Fargo. Timmer State Bank, Timmer, North Dakota. C. F. Kellogg, receiver, Bismarck. Williston State Bank, Williston, North Dakota. G. R. Van Sickle, receiver, Minot. Citizens' State Bank. Pingree. North Dakota. C. H. Reimers, receiver, Carrington. Citizens' State Bank, Hazon, North Dakota. C. F. Kellogg, receiver, Bismarck. Security State Bank, Brantford. North Dakota. C. H. Reimers, receiver, Carrington. Bank of Leal, Leal, North Dakota. C. I. Buslee, special deputy examiner. Leal. Peoples' State Bank, Hatton. North Dakota. O. L. Engen, receiver, Fargo. Citizens' State Bank, Bathgate, North Dakota. John Vallely, receiver, Grand Forks. Sawyer State Bank, Sawyer. North Dakota. G. R. Van Sickle, receiver, Minot. Itemized lists of the assets are on file in the office of the state examiner at Bismarck, and with the receivers of the above banks. Bids should contain terms of payment and may include time certificates of deposit in going banks in the same community. all bids to be accompanied by certified check of one per cent/ of the amount of the bid. All bids should be addressed to Gilbert Semingson, state examiner, Bismarck, North Dakota, and the State Banking Board reserves the right to reject any and all bids. (Herald Oct. 26-27; Nov. 2-3.)


Article from Grand Forks Herald, November 3, 1922

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LEGAL NOTICE BANK ASSETS FOR SALE Sealed bids for the purchase of all the assets of the closed banks listed below will be received up to November 15, 1922: Farmers State Bank, Greene, North Dakota. W. E. Burgett, receiver, Flaxton. Citizens' State Bank, Edgeley. North Dakota. O. L. Engen, receiver, Fargo. State Bank of Milton. Milton, North Dakota. John Vallely, receiver, Grand Forks. First State Bank, Crystal Springs, North Dakota. H. B. Hanson, receiver, Crystal Springs. Bank of New Rockford. New Rockford, North Dakota. C. H. Reimers, receiver, Carrington. Peoples' State Bank, Leith. North Dakota. C. F. Kellogg. receiver. Bismarck. Peoples State Bank, Grand Forks, North Dakota. John Vallely, receiver, Grand Forks. Crocus State Bank, Crocus, North Dakota. Fred F. Walz, receiver. Egeland. Security State Bank, Courtenay, North Dakota. C. H. Reimers, receiver, Carrington. Prosper State Bank, Prosper. North Dakota. O. L. Engen. receiver, Fargo. Timmer State Bank, Timmer. North Dakota. C. F. Kellogg. receiver, Bismarck. Williston State Bank, Williston. North Dakota. G. R. Van Sickle, receiver, Minot. Citizens' State Bank, Pingree, North Dakota. C. H. Reimers, receiver, Carrington. Citizens' State Bank, Hazen. North Dakota. C. F. Kellogg, receiver, Bismarck. Security State Bank, Brantford, North Dakota. C. H. Reimers, receiver, Carrington. Bank of Leal. Leal, North Dakota. C. I. Buslee, special deputy examiner, Leal. Peoples' State Bank, Hatton, North Dakota. O. L. Engen, receiver, Fargo. Citizens' State Bank, Bathgate, North Dakota. John Vallely, receiver, Grand Forks. Sawyer State Bank, Sawyer, North Dakota. G. R. Van Sickle, receiver, Minot. Itemized lists of the assets are on file in the office of the state examiner at Bismarck, and with the receivers of the above banks. Bids should contain terms of payment and may include time certificates of deposit in going banks in the same community, all bids to be accompanied by certified check of one per cent of the amount of the bid. All bids should be addressed to Gilbert Semingson, state examiner, Bismarck, North Dakota, and the State Banking Board reserves the right to reject any and all bids. (Herald Oct. 26-27; Nov. 2-3.)


Article from The Bismarck Tribune, May 2, 1923

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LIABILITY RULE GIVEN 'Deposits in Bank Not OffSet for Depositors Stockholders in closed state banks may not escape double liability by off's-ting deposits they had in the bank when it closed, District Judge James E. Coffey decided in the case of C. H. Reimers, receiver for the Citizens State Bank of Pingree against C. H. Simpson. The case is typical of many other cases arising from closing of banks in the state, C. L. Young, attorney for the Guaranty Fund Commission and for Mr. Reimers in this case, said today. The receiver sought to collect $1,125.00, double liability, costs and interest. Mat. Simpson had certificates of deposit in the bank when it closed, and he claimed that these must be counted as an off-set to the stock liability. Another case of liability of bank stockholders, Mr. Young said, is pending before Judge Berry in the Stark district court. In this case Chas. F. Kellogg, receiver of the Citizens State Bank of Hazen, sought to compel J. A. Hollst to pay additional liability. Hollst, in a demurrer, argued that the additional ,liability could not be claimed where the examiner had not ordered an assessment, the demurrer being overruled and the case remaining in court for final trial.


Article from The Bismarck Tribune, March 24, 1924

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United States Bank of Stanton has been granted permission by the State Guaranty Fund Commission to move to Hazen and will establish itself here in the banking house of the defunct Citizens State Bank. Roy Seibert, receiver for the Citizens State Bank, is cashier of the Union State Bank and will be cashier in the new


Article from The Bismarck Tribune, June 9, 1925

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depositors of the first 58 banks which closed has been increased in several instances by dividends of the receiver of closed banks. Depositors of the People's State bank of Hatton received 100 percention the dollar of their deposits, and depositors of the People's State bank of Leith have received 60 percent in dividends from the receiver and 10 percent from the depositors guaranty fund commission. Other banks on which dividends have been paid by the receiver, in addition to the 10 percent of the depositors guaranty fund commission, are: Security State bank of Columbus, 10 percent; Fortuna State bank, 30 percent; Prosper State bank, 10 percent; Citizens State bank of Hazen, 10 percent; First Farmers of Minot, 10 percent. The first 58 banks which closed. on which the guaranty fund dividend was paid, included several of the largest banks which closed, among them the Scandinavian-American bank of Fargo, the Williams County State bank of Williston and the First Farmers of Minot.


Article from The Producers News, June 26, 1925

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RECEIVER REALIZES CONSIDERABLE The 10 per cent dividend paid to depositors of the first 58 banks which closed has been increased in several instances by dividends of the receivers of closed banks. Depositors of the People's State bank of Hatton received 100 per cent on the dellar of their deposits and depositors of the People's State bank of Leith have received 60 per cent in dividends from the depositors guaranty fund commission. Other banks on which dividends have been paid by the receiver in addition to the 10 per cent of the depositars guarantee fund commission, are: Security State Bank of Columbus, 10 per cent; Fortuna State bank, 30 per cent; Prosper State Bank, 30 per cent; Prosper State bank, 10 per cent; Citizens State bank of Hazen, 10 per cent; First Farmers of Minot, 10 per cent.


Article from The Bismarck Tribune, May 27, 1926

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13 CRIMINAL CASES AND 112 CIVIL CASES ON CALENDAR FOR JUNE TERM OF BURLEIGH COUNTY DISTRICT COURT There are 13 criminal cases and 112 Albin Anderson vs. Jacob J. Berg, civil cases listed on the calendar Jrβ‚™ et al. prepared by Clerk of Court Chas. Citizens State bank of Goodrich Pisher for the June term of district vs. Fred Walz (two cases). court in Burleigh county, which will L. R. Baird as receiver of the open at the court house in Bismarek Farmers and Merchants Equity bank on Tuesday, June 1, with Judge Fred of Jud vs. M. F. Blanco et al. Jansonius on the bench. Only the L. R. Baird as receiver of the setting of the calendar and various Farmers Bank of Fessenden vs. A. L. court matters will receive attention Volkmann et al. the first week, as the petit jurors have not been summoned to appear G. I. Regnier vs. John Jacobson et al. until Monday, June 7. in order that the farmers may have more time in Fred Prokop vs. O. W. Roberts. which to complete their spring work. August I. Asplund vs. O. W. BobOf the 13 criminal cases listed, erts. eight were on the previous calendar First National bank of Underwood and five are new cases. Three are vs. G. R. Thompson. alleged violations of the liquor laws, L. R. Baird as receiver of the two involve charges of operating a American Exchange bank of Watford motor vehicle while intoxicated, two City vs. Anthony Walton et al. of larceny, and one each of malicious mischief, assault and battery, reOtis School district No. 28 vs. L. moval of chattels subject to lien, and A. Crowell and state bonding fund. desertion. Two cases are entered W. H. Ebeling vs. Marcus Agnew. without designation as to their naWilliam Langer and Samuel L. ture. Nuchols vs. Julius Waldenberg and Criminal Cases the Kidder County bank. The criminal cases on the cafendar L. R. Baird as receiver of the are as follows: State Bank of Olmstead vs. H. M. Disher et al. State vs. F. E. Erickson, operating a motor vehicle while intoxicated. Union Farmers State bank, New Salem, vs. Robert Krutzner. State VS. Mrs. J. L. Finstad, engagJames T. McCulloch vs. Russelling in the liquor traffic. Miller Milling company, et al. State vs. Walter Carter, engaging L. R. Baird as receiver of the in the liquor traffic. Farmers State bank of Greene vs. State vs. Elwood Swanson, maliElisa M. Rosevold et al. cious mischief. Robert Krutzner and E. W. AnderState vs. Albert Little and Homer son vs. Adolph Miller. Taylor, larceny. Rollin Welch vs. James and Ethel State vs. L. Gramling, engaging in Swanick. the liquor traffic. Farmers State bank of Baldwin vs. State vs. Fred Hoff and Mrs. Fred Merl White. Hoff, assault and battery. State vs. Matt F. Schmitz, removC. W. Reichert vs. Seymour Arneson. ing chattels subject to lien. C. W. Reichert vs. John J. Brose. State vs. Albert Little, grand larC. W. Reichert vs. C. J. Rue. ceny. City National bank of Bismarck vs. State VS. Walter Millet, driving a Peter Jones. motor vehicle while intoxicated. Fred Janson vs. Menoken Farmers State vs. Gordon Conley, desertion Cooperative association, et al. and failure to support wife and minor child. C. W. Reichert vs. Oscar Magnuson. State vs. Wendlein Boehler. L. R. Baird as receiver of People's State bank of Grand Forks vs. Tom State vs. John Bashara. and Mrs. Thos.' Mann. Civil Cases Walfred Asplund vs. C. V. DanielFifty eight of the civil cases listed son. are from a former calendar, while 54 The Cable company vs. Alfred are new causes. The civil cases listBorkhart. ed include: State vs. Equity Grain and MerJ. A. and Bertha Worden vs. A. L. cantile company et al. Garnes and First State bank of ReR. S. Clark vs. Northern Pacific gran. Railway company. State vs. Jas. H. Litt. F. H. Carpenter Lumber company vs. W. G. Hoerr. Mary Kraft vs. Joseph and Edna K. John R. Kvile vs. E. F. and Alfhild Coghlan. Alfson. J. G. Spitzer vs. Burleigh County John A. Johnson vs. Thomas Hall. State bank. Farmers State bank of Regan vs. E. W. Anderson and Robert KrutzSevert Anderson and Anna Knutson. ner vs. P. N. Spiche. Henry Schmidt vs. North Dakota Florence M. Little vs. Ole G. HagWorkmen's Compensation Bureau. strom. State vs Bismarek Bank and Bank Albin. Hedstrom, sheriff, vs. J. A. of North Dakota. and Bertha Worden. State vs. Fred Bobb. Dalton Adding Machine Sales comPhillip Hemmerick vs. Farmers pany vs. H. C. Arnold. Elevator & Mercantile company. L. R. Baird as receiver of the Karem Husom vs. North Dakota State Bank of Hensel vs. L. O. AnWorkmen's Compensation bureau. derson et al. Carl Beyer vs. Stella Beyer. Fred A. Bobb vs. Jacob Jangula. L. R. Baird, receiver of Security Heinrich Schatz and Christine Bank of Leeds vs. E. B. Page and Schatz vs. Karl Klein. Henry Henrictta. Frank J. V. Kiebert vs. City of L. R. Baird as-receiver of the McBismarck. Kenzie County bank of Watford City L. R. Baird as receiver/o the Citivs. O. L. Cassady, et al. zens State bank of Bisbee vs. John H. M. Ward vs. Mandan Mercantile Anderson et al. company. State vs. Carl V. Anderson. L. R. Baird as receiver of the CitiFederal Intermediate Credit bank zens State bank of Hazen, VS E. M. of St. Paul vs. Grant Lindsey. Serr. L. R. Baird as receiver of the DunD. R. Baird as receiver of the First seith State bank vs. M. J. Anderson State bank of Nome vs. Carl P. et al. Miller. City of Bismarck vs. Charles B. L. R. Baird as receiver of the First Whittey et al. State bank of Fillmore vs. J. G: F. H. Carpenter Lumber company McClintock et al. vs. N. A. Freeberg. L. R. Baird as receiver of the Dazey J. W. Pauley vs. Adolph Kutchera. State bank of Dazey vs. E. B. JacobRemington Typewriter company vs. Walter MeMahon. son et al.