11043. Farmers State Bank (Mapes, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 12, 1929
Location
Mapes, North Dakota (48.031, -98.227)

Metadata

Model
gpt-5-mini
Short Digest
c4318fda2ce07652

Response Measures

None

Description

Newspaper items report that Farmers State Bank, Mapes, was a closed state bank and that the state bank receiver announced dividend payments to depositors. There is no mention of a prior run; the bank is in receivership (closed). Dates of original suspension not given; dividends announced in January 1929.

Events (2)
1. January 12, 1929 Receivership
Newspaper Excerpt
Payment of dividends to depositors of closed state banks was announced today by the state bank receiver... The dividends 10 per cent depositors ... the Farmers State Bank Mapes, ... will be paid through office W. Conroy, district manager for the receiver, Devils Lake.
Source
newspapers
2. * Suspension
Cause
Government Action
Cause Details
Bank was closed and placed under the state bank receiver (closed by state receiver).
Newspaper Excerpt
closed state banks
Source
newspapers

Newspaper Articles (2)
1. January 12, 1929 Morning Pioneer Mandan, ND
Article from Morning Pioneer, January 12, 1929

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Article Text

DIVIDENDS FOR OF FOUR N. D. BANKS Bismarck, Jan. Payment four dividends to deposiof closed state banks was announced today by the state bank receiver closed banks here. All be paid through office W. Conroy, district manager for the receiver Devils The dividends 10 per cent depositors the State Bank, the Farmers State Bank Mapes, the Farmers State Bank of Emerado, and the Karnak State Bank.

2. January 14, 1929 Morning Pioneer Mandan, ND
Article from Morning Pioneer, January 14, 1929

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Article Text

DIVIDENDS FOR OF FOUR N. D. BANKS Bismarck, Payment four to deposiclosed state ced today by the state bank closed banks here. All will be paid through office W. Conroy, district manager for the receiver Devils Lake The dividends 10 per cent depositors of the State Bank, the Farmers State Bank Mapes, the Farmers Bank of Emerado, and the Karnak State Bank