Bank of Mowbray - Mowbray, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 4, 1922
Location: Mowbray, North Dakota (49.000, -98.487)

Metadata

Model: gpt-5-mini
Short Digest: 9906296ba1f9dd16

Response Measures

None

Description

Article states the Bank of Mowbray is one of the 'closed banks' in a consolidation plan of the state banking board and guaranty fund commission; a receiver (John Valley) was appointed. No mention of a depositor run—this is a government-led consolidation/closure with receivership.

Events (2)

1. January 4, 1922 Receivership

Newspaper Excerpt: John Valley, of Grand Forks, has been appointed receiver of the closed banks ... He will be receiver for ... the Bank of Mowbray.
Source: newspapers

2. January 4, 1922 Suspension

Cause: Government Action
Cause Details: Closed as part of a consolidation plan by the state banking board and guaranty fund commission; banks in the district were closed and consolidated.
Newspaper Excerpt: receiver of the closed banks in the Grand Forks district created in the consolidation plan of the state banking board and guaranty fund commission. He will be receiver for the following banks: ... and the Bank of Mowbray.
Source: newspapers

Newspaper Articles (1)

1. January 4, 1922 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 4, 1922

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Article Text

RECEIVER FOR 4 BANKS NAMED John Valley, of Grand Forks, has been appointed receiver of the closed banks in the Grand Forks district created in the consolidation plan of the state banking board and guaranty fund commission. He will be receiver for the following banks: State Bank of Milton; Peoples State Bank of Grand Forks; Citizens State Bank of Bathgate and the Bank of Mowbray. He succeeds F. N. Evenson, receiver at Milton, and deputy state examiners assigned to the other banks.