Farmers State Bank - Cut Bank, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 5, 1934
Location: Cut Bank, Montana (48.633, -112.326)

Metadata

Model: gpt-5-mini
Short Digest: edf0db9d

Response Measures

None

Description

Article (Cut Bank Pioneer Press, 1934-10-05) references 'Clifford Coover, receiver' for Farmers State Bank of Cut Bank, indicating the bank was in receivership (closed). No run or reopening is mentioned.

Events (1)

1. October 5, 1934 Receivership

Newspaper Excerpt: The application of Nadeau Brothers to lease the tract of land of the Farmers State Bank of Cut Bank, Clifford Coover, receiver, was approved Oct. Judge Hattersley.
Source: newspapers

Newspaper Articles (1)

1. October 5, 1934 Cut Bank Pioneer Press Cut Bank, MT

Article from Cut Bank Pioneer Press, October 5, 1934

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Article Text

Pay For Oil The application of Nadeau Brothers to lease the tract of land of the Farmers State Bank of Cut Bank, Clifford Coover, receiver, was approved Oct. Judge Hattersley. Essential provisions of the lease are the payment of $16,000 in cash and the drilling of five wells between now and May 1938. The first well is to be commenced within 30 days of the approval of the lease. The land now considered proven oil area, adjoins the VanOrmer well, brought in by Montana Power Company, one of the best ducers in the field. To date this the largest sum paid for an oil lease of this size, 160 of record. acres, The land lies in Section