National Bank - Anaconda, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 12542
Charter Number: 12542
Start Date: July 7, 1928
Location: Anaconda, Montana (46.129, -112.942)

Metadata

Model: gpt-5-mini
Short Digest: d3d20961

Response Measures

None

Receivership Details

Depositor recovery rate: 100.0%
Date receivership started: 1933-12-05
Date receivership terminated: 1940-01-25
Share of assets assessed as good: 36.5%
Share of assets assessed as doubtful: 41.7%
Share of assets assessed as worthless: 21.8%

Description

All articles refer to the National Bank of Anaconda being in receivership (Edgar Andrieux). No article describes a depositor run. The bank was placed in receivership (a government action) and paid dividends to depositors in 1934 and final dividend in 1938; sheriff's sale/legal notices from the receiver appear in 1939. Therefore this is a suspension with permanent closure/receivership. Exact date of suspension/receivership not given in these clippings; receiver is attested by 1928.

Events (7)

1. May 24, 1924 Chartered

Source: historical_nic

2. July 7, 1928 Receivership

Newspaper Excerpt: Suit Against Bank Receiver Is Heard ... J. Henry Nibbe as receiver for ... bankers was tried in district court ... testimony ... the sale of ... by the receiver ... claims involved.
Source: newspapers

3. July 7, 1928 Suspension

Cause: Government Action
Cause Details: Bank placed in receivership (receiver J. Henry Nibbe mentioned by 1928); bank suspended and a receiver was appointed.
Newspaper Excerpt: Suit Against Bank Receiver Is Heard ... The case of the National Bank of Ana- against J. Henry Nibbe as receiver ... was tried in district court
Source: newspapers

4. December 5, 1933 Receivership

Source: historical_nic

5. May 10, 1934 Other

Newspaper Excerpt: Anacondans get dividend ... Depositors of the National Bank of Anaconda will receive a 43 per cent dividend, it was disclosed here through the bank's receiver, Edgar Andrieux.
Source: newspapers

6. September 24, 1938 Other

Newspaper Excerpt: Edgar Andrieux, receiver of the National Bank of Anaconda, announces the fourth and final dividend of four percent, making a total of 100 percent paid upon the claims of depositors of this bank.
Source: newspapers

7. March 16, 1939 Other

Newspaper Excerpt: EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff ... SHERIFF'S SALE ... To be sold at Sheriff's Sale ... Dated this 13th day of March, A. D. 1939.
Source: newspapers

Newspaper Articles (7)

1. July 7, 1928 The Billings Gazette Billings, MT

Article from The Billings Gazette, July 7, 1928

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Article Text

Suit Against Bank Receiver Is Heard The case of the National Bank of Anaagainst J. Henry Nibbe as receiver for Yegen bankers was tried in district court before Judge O. God. dard Tuesday afternoon. Testimony of both plaintiff and defendant witnesses for the was taken under was taken and case the The sale of advisement by local business property by the piece of claims the plaintiff receiver and the were based on promissory volved. of John W. Tolman against The cases M. T. Polich and of Finnegan against F. John W. Swanson were dismissed and M. son prejudice to the plaintiff settled with of counsel for the pracipe

2. May 11, 1934 The Harlem News Harlem, MT

Article from The Harlem News, May 11, 1934

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Article Text

ANACONDANS GET DIVIDEND Anaconda, May 10-(UP)-Depositors of the National Bank of Anaconda will woon receive a 43 per cent dividend, it was disclosed here through the bank's receiver, Edgar Andrieux. The checks have been made out and sent to the comptroller of currency at Washington for signature and upon return here will be distributed. New Tally cards-Floral designs. Just the thing for the season's parties. 10c -Adv. per dozen at The News.

3. September 24, 1938 Montana Oil and Mining Journal Great Falls, Billings, MT

Article from Montana Oil and Mining Journal, September 24, 1938

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Article Text

ANACONDA-Edgar Andrieux, receiver of the National Bank of Anaconda, announces the fourth and final dividend of four percent, making a total of 100 percent paid upon the claims of depositors of this bank. Checks for the remittance have been sent to Washington, D. C., for auditing, and upon their return they will be handed over to all who have filed claims.

4. March 16, 1939 Montana Labor News Butte, MT

Article from Montana Labor News, March 16, 1939

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Article Text

# LEGAL NOTICES No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.-4T.

5. March 23, 1939 Montana Labor News Butte, MT

Article from Montana Labor News, March 23, 1939

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Article Text

LEGAL NOTICES No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.-4T.

6. March 30, 1939 Montana Labor News Butte, MT

Article from Montana Labor News, March 30, 1939

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Article Text

No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.4T.

7. April 6, 1939 Montana Labor News Butte, MT

Article from Montana Labor News, April 6, 1939

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Article Text

No. 37481 SHERIFF'S SALE In the District Court of the Second Judicial District of the State of Montana, In and for the County of Silver Bow. EDGAR ANDRIEUX, as Receiver of the National Bank of Anaconda, Montana, a National Banking Corporation, Plaintiff, vs. R. C. SEDARIS, MARGARET MORSE, MARY VOLLENWEIDER, ROBERT STOVER, and R. C. SEDARIS, as Administrator of the Estate of Rhoda Sedaris, Deceased, Defendants. To be sold at Sheriff's Sale on the 7th day of April, A. D. 1939, at 2:00 o'clock in the afternoon of said day at the front door of the Court-house in Butte, Montana, the following described real estate situated in Silver Bow County, Montana, to-wit: Lot numbered three (3) in Block numbered one (1) of the Black Placer Addition to the City of Butte, Silver Bow County, Montana, according to the official plat and survey of said addition, now on file and of record in the office of the Clerk and Recorder of Silver Bow County, to which plat and survey reference is hereby made for a more particular description thereof. Dated this 13th day of March, A. D. 1939. AL McLEOD, Sheriff of Silver Bow County. By GEO. McKENZIE, Undersheriff. First publication March 16, 1939.4T.