Article (Bismarck Tribune, 1924-01-26) reports the Farmers and Merchants State Bank of Steele as suspended and that efforts are being made to reorganize it. No run is mentioned. Reorganization language suggests an attempt to reopen, so I classify as suspension_reopening. No cause for the suspension is provided in the text.
Events (1)
1.January 26, 1924Suspension
Cause Details
Article does not specify the reason for the suspension; only notes the bank is suspended and reorganization efforts are underway
Newspaper Excerpt
Efforts are being made to reorganize the suspended Farmers and Merchants State Bank of Steele
Source
newspapers
Newspaper Articles (1)
1.January 26, 1924The Bismarck TribuneBismarck, Mandan, ND
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Article Text
TO REORGANIZE STEELE BANK Efforts are being made to reorganize the suspended Farmers and Merchants State Bank of Steele, according to Charles Liessman, states attorney of Kidder county, \ who was here yesterday.