Drummond State Bank - Drummond, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 4, 1930
Location: Drummond, Montana (46.667, -113.147)

Metadata

Model: gpt-5-mini
Short Digest: 2f69de1d

Response Measures

None

Description

Newspaper notices from June 1930 show a receiver (H. A. Featherman) appointed for the Drummond State Bank and advertising sale of the bank's promissory notes and personal property (sale dated June 26, 1930). No articles mention an antecedent depositor run; the presence of a receiver indicates the bank was closed and in receivership (government action).

Events (2)

1. June 4, 1930 Receivership

Newspaper Excerpt: Done and dated this 4th day of June, 1930. H. A. FEATHERMAN, Receiver for the Drummond State Bank
Source: newspapers

2. June 26, 1930 Other

Newspaper Excerpt: will on Thursday the 26 day of June, 1930, and beginning at the hour of 1:30 p. m., sell at public auction all of the promissory notes and personal property to the highest and best bidder for cash.
Source: newspapers

Newspaper Articles (3)

1. June 6, 1930 The Philipsburg Mail Philipsburg, MT

Article from The Philipsburg Mail, June 6, 1930

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Article Text

Office of the Receiver of the Drummond State Bank RECEIVER'S NOTICE OF SALE OF PERSOOAL PROPERTY Belonging to Said Bank Notice is hereby given that the undersigned Receiver of the Drummond State Bank will on Thursday the 26 day of June, 1930, and beginning at the hour of 1:30 p. m., sell at public auction all of the promisory notes and personal property to the highest and best bidder for cash. Said sale will take place and be conducted at Hotel Drummond, Mont. Done and dated this 4th day of June, 1930. H. A. FEATHERMAN, Receiver for the Drummond State 23-25

2. June 13, 1930 The Philipsburg Mail Philipsburg, MT

Article from The Philipsburg Mail, June 13, 1930

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Article Text

Office of the Receiver of the Drummond State Bank NOTICE OF SALE OF PERSOOAL PROPERTY Belonging to Said Bank Notice is hereby given that the undersigned Receiver of the Drummond State Bank will on Thursday the 26 day of June, 1930, and beginning at the hour of 1:30 p. m., sell at public auction of the promisory notes and personal property to the highest and best bidder for cash. Said sale will take place and be conducted at Hotel Drummond, Mont. Done and dated this 4th day of June, 1930. H. A. FEATHERMAN, Receiver for the Drummond State Bank 23-25

3. June 20, 1930 The Philipsburg Mail Philipsburg, MT

Article from The Philipsburg Mail, June 20, 1930

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Article Text

Office of the Receiver of the Drummond State Bank RECEIVER'S NOTICE OF SALE OF PERSOOAL PROPERTY Belonging to Said Bank Notice is hereby given that the undersigned Receiver of the Drummond State Bank will on Thursday the 26 day of June, 1930, and beginning at the hour of 1:30 I m., sell at publie auction all of the promisory notes and personal property to the highest and best bidder for cash. Said sale will take place and be conducted at Hotel Drummond, Mont. Done and dated this 4th day of June, 1930. H. A. FEATHERMAN, Receiver for the Drummond State Bank. 23-25