10957. Merchants State Bank (Hebron, ND)

Bank Information

Episode Type
Suspension โ†’ Closure
Bank Type
state
Start Date
March 30, 1929
Location
Hebron, North Dakota (46.901, -102.045)

Metadata

Model
gpt-5-mini
Short Digest
11f5310231fc7773

Response Measures

None

Description

Articles refer to the Merchants State Bank of Hebron being closed and placed in the hands of a receiver; no articles describe a depositor run. Receiver paid dividends (30% announced, total 60%). Legal actions by the receiver are reported in 1930. Therefore this is a suspension resulting in permanent closure with a receiver.

Events (3)

1. March 30, 1929 Receivership
Newspaper Excerpt
HEBRON BANK PAYS Payment of a dividend of 30 per cent to depositors of the closed Merchants State bank of Hebron was announced today by the receiver of closed state banks.
Source
newspapers
2. February 25, 1930 Other
Newspaper Excerpt
R. Baird, as Receiver of Merchants State Bank of Hebron, North Dakota, Plaintiff, vs. Herman G. Mueller... Dated February 25, 1930.
Source
newspapers
3. * Suspension
Cause
Government Action
Cause Details
Bank was closed and placed in receivership (receiver of closed state banks).
Newspaper Excerpt
closed Merchants State bank of Hebron
Source
newspapers

Newspaper Articles (4)

Article from The Bismarck Tribune, March 30, 1929

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Article Text

HEBRON BANK PAYS Payment of a divider.d of 30 per cent to depositors of the closed Merchants State bank of Hebron was announced today by the receiver of closed state banks. The new dividend brings the total paid by this bank to 60 per cent. Payment is being made through the office of P. A. O'Keefe, district manager for the receiver at Bismarck.


Article from The Bismarck Tribune, March 21, 1930

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Article Text

SUMMONS State of North Dakota, County of Burleigh. n District Court, Fourth Judicial District. R. Baird, as Receiver of Merchants State Bank of Hebron, North Dakota, Plaintiff, vs. Herman G. Mueller, Gertrude Mueller, Selma C. Mueller, Defendants. The State of North Dakota to the above named Defendants: You are hereby summoned to answer the Complaint in the above entitled action and to serve a copy of your answer upon the subscriber within thirty days after the service of this summons upon you, exclusive of the day of such service, and in case of your failure to appear or anwer, judgment will be taken against you by default for the relief demanded in the Complaint. Dated February 25, 1930. ZUGER & TILLOTSON. Attorneys for the Plaintiff. Bismarck, North Dakota. Residence and Post Office Address. Notice to Said Defendants to the Above named Defendants:Take notice that the complaint in the above entitled action has been filed in the office of the Clerk of the District Court of the Fourth Judicial District, in and for the County of Burleigh and State of North Dakota. ZUGER & TILLOTSON, Attorneys for the Plaintiff. 3/14-21-28; 4/4-11-18 The history of the sweet potato is cure. It is supposed that it is naLive to America, where it has been ltivated for centuries.


Article from The Bismarck Tribune, March 28, 1930

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Article Text

SUMMONS State of North Dakota, County of Burleigh. In District Court, Fourth Judicial District. L R. Baird, as Receiver of Merchants State Bank of Hebron, North Dakota, Plaintiff, vs. Herman G. Mueller, Gertrude Mueller, Selma C. Mueller, Defendants. The State of North Dakota to the above named Defendants: You are hereby summoned to answer the Complaint in the above entitled action and to serve a copy of your answer upon the subscriber within thirty days after the service of this summons upon you, exclusive of the day of such service, and in case caserof your failure to appear or answer, judgment will be taken against you by default for the relief demanded in the Complaint. Dated February 25, 1930. ZUGER & TILLOTSON, Attorneys for the Plaintiff. Bismarck, North Dakota. Residence and Post Office Address. Notice to Said Defendants To the Above named Defendants:Take notice that the complaint in the above entitled action has been filed in the office of the Clerk of the District Court of the Fourth Judicial District, in and for the County of Burleigh and State of North Dakota. ZUGER & TILLOTSON, Attorneys for the Plaintiff. 3/14-21-23; 4/4-11-18


Article from The Bismarck Tribune, April 4, 1930

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Article Text

SUMMONS State of North Dakota, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird, as Receiver of Merchants State Bank of Hebron, North Dakota, Plaintiff, vs. Herman G. Mueller, Gertrude Mueller, Selma e. Mueller, Defendants. The State of North Dakota to the above named Defendants: You are hereby summoned to answer the Complaint in the above entitled action and to serve a copy of your answer upon the subscriber within thirty days after the service of this summons upon you, exclusive of the day of such service, and in case of your failure to appear or answer, judgment will be taken against you by default for the relief demanded in the Complaint. Dated February 25, 1930. ZUGER & TILLOTSON, Attorneys for the Plaintiff. Bismarck, North Dakota. Residence and Post Office Address.