Drummond State Bank - Drummond, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 16, 1929
Location: Drummond, Montana (46.667, -113.147)

Metadata

Model: gpt-5-mini
Short Digest: 5cee0125

Response Measures

None

Description

Article (The Philipsburg Mail, 1929-05-17) reports the receiver for the Drummond State Bank was in Drummond Thursday paying a fourth dividend, indicating the bank was in receivership (closed) and being liquidated. No run is mentioned.

Events (2)

1. May 16, 1929 Other

Newspaper Excerpt: Receiver ... paying a fourth dividend.
Source: newspapers

2. May 16, 1929 Receivership

Newspaper Excerpt: Drummond State Bank Receiver in Drummond Thursday paying a fourth dividend.
Source: newspapers

Newspaper Articles (1)

1. May 17, 1929 The Philipsburg Mail Philipsburg, MT

Article from The Philipsburg Mail, May 17, 1929

Click image to open full size in new tab

Article Text

BRIEF NEWS ITEMS FROM DRUMMOND Mrs. C. C. Corlette was a Missoula shopper Tuesday. Dr. E. G. Wilccox made a professional visit to Philipsburg Wednesday. The Mothers' Day program given at the M. E. church Sunday was well attended. John Holland and Leslie Nelson of Drummond were business visitors in Helena Friday. M. J. Madigan of Bearmouth was a business visitor in Drummond Wedmesday afternoon. James Mellen of Maxville was in Drummond Thursday attending to business matters. Wm. Toland of Butte, solicitor for the Free Press, transacted business in town Wednesday. Bud Buchanan was a business visitor here Thursday night from his home near Bearmouth. Tom Dooley of Hall passed thru Drummond Tuesday evening from a business trip to Missoula. "Butch" Davis of Drummond spent Sunday night with his parents, Mr. and Mrs. Davis in Missoula. Mr. and Mrs. Fred Herst of Helena spent Sunday in Drummond at the home of Mr. and Mrs. P. P. Royal Mr. and Mrs. Brock moved to Hall the last part of the week after residing in Drummond during the winter. Mr. and Mrs. Leonard Kleve of Helena returned to their home after spending several weeks visiting in Drummond. Harry Featherman of Philipsburg Drummond State Bank Receiver in Drummond Thursday paying a fourth dividend. Mrs. William Ott spent Friday in Missoula visiting her husband who has been a patient at the N. P. hospital for sometime, John McDermott of Drummond arrived home Thursday morning from Missoula where he has been receiving medical treatment. Mr. and Mrs. Joe Wells of Missoula arrived in town Sunday and spent the day at the homes of Mr. and Mrs. Andy Ryan and Mr. and Mrs. Ed Mrs. Mary Milan spent Friday in Deer Lodge from her home here. Mr. and Mrs. James Thomas of Drummond were business visitors in Missoula Wednesday. Mr. and Mrs. Forrest Cumming of Philipsburg passed thru Drummond Saturday night on their way to Missoula. where Mrs. Cumming submitted to an operation for oppendicitis.