Stockmens State Bank - Browning, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 20, 1922
Location: Browning, Montana (48.557, -113.013)

Metadata

Model: gpt-5-mini
Short Digest: 9280d5cc

Response Measures

None

Description

Articles report the Stockmen's State Bank of Browning was closed and directors asked for a receiver; a receiver was appointed Feb 20, 1922 and remained in charge through at least Nov 1922 when consolidation with another bank was discussed. No run is mentioned; the event is a suspension leading to receivership/closure due to impracticable reorganization (bank-specific insolvency).

Events (2)

1. February 20, 1922 Receivership

Newspaper Excerpt: Judge Greene appointed W. Hilger as receiver and Verne E. Robinson of Cut Bank as attorney for the bank. Mr. Hilger has been in charge of the bank's affairs, under the direction of the state superintendent of banks for several months.
Source: newspapers

2. February 20, 1922 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Directors found reorganization impracticable and requested appointment of a receiver after the bank was closed; indicates bank-specific insolvency or adverse condition.
Newspaper Excerpt: The plans for reorganization of the Stockmen's State Bank of Browning have been found impracticable by the directors who decided to ask for the appointment of a receiver some time ago.
Source: newspapers

Newspaper Articles (2)

1. February 21, 1922 Great Falls Tribune Great Falls, MT

Article from Great Falls Tribune, February 21, 1922

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Article Text

Hilger Appointed Receiver of Closed Bank at Browning Special to The Tribune. Browning, Feb. 20.-The plans for reorganization of the Stockmen's State Bank of Browning have been found impracticable by the directors who decided to ask for the appointment of a receiver some time ago. While setting his spring docket at Cut Bank, this week, Judge Greene appointed W. Hilger as receiver and Verne E. Robinson of Cut Bank as attorney for the bank. Mr. Hilger has been in charge of the bank's affairs, under the direction of the state superintendent of banks for several months.

2. November 1, 1922 Great Falls Tribune Great Falls, MT

Article from Great Falls Tribune, November 1, 1922

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Article Text

Receiver Quits Job To Take Post With War Finance Board Special to The Tribune. Cut Bank, Oct. 31.-H. A. Norman, receiver of the Farmers State bank here. has resigned to accept a position with the war finance corporation at Minneapolis. He will report for his new post November 6th. D. J. Hilger, who is now receiver for the Stockmen's State bank at Browning will probably be appointed to take charge here, the two banks to be consolidated thus eliminating the expense of one receiver. Judge Greene, who is now holding court at Cut Bank, will undoubtedly confirm the change.