Article (Grand Forks Herald, 1926-02-07) reports payments by the state bank receiver for 'First State [Bank], Russell' and a February dividend paid through the receiver's office at Minot. This indicates the bank was in receivership (closed) and dividends were being distributed. No mention of a run in the provided text.
Events (1)
1.February 7, 1926Receivership
Newspaper Excerpt
Feb. dividend creditors of the First State Russell, here today by Baird, state bank receiver. The payment made through the office ... of the receiver at Minot
PAYMENT MADE
N. Feb. dividend creditors of the First State Russell, here today by Baird, state bank receiver. The payment made through the office tive of the receiver at Minot