b5c90ff9Full suspension, Books examined
Other: Receiver later appointed and paid dividends to depositors (receiver notices in 1925).
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Two Forsythe Banks Close Their Doors FORSYTHE, Mont., Dec. 14.-Two local banks, the Bank of Commerce and the First National bank, closed their doors here today. The Bank of commerce acted voluntarily and state bank examiners took charge. Liabilities are estimated at $775,000, while assets have not been computed. The First National was forced to close when a heavy run that threatened to be disastrous, began, officers stated.
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COPPER TOOL'S BANK GOES BROKE A. C.M. FAILS TO COME TO RESCUE OF FAITHFUL SERVITORJ. E. EDWARDS OF FORSYTH IS NOW BANKRUPT. Forsyth.-The Bank of Commerce of Forsyth voluntarily closed its doors at noon last Thursday and was taken in charge by a deputy examiner from the office of the state superintendent of banks. It is said the bank's liabilities are approximately $776,000 with assets unestimated as yet. J. E. Edwards, former state senator, is president of the institution and R. J. Cole is cashier. It is said that inability of Mr. Edwards to meet an obligation, reported to be $118,000, due at noon on Thursday was responsible for the action of the bank's management. The First National Bank of Forsyth also closed its doors at the same time. This action was taken when it appeared probable that a run on its resources would follow the closing of the Bank of Commerce. The First National's liabilities are said to be about the same as those of the Bank of Commerce.
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NOTICE TO DEPOSITORS FIRST NATIONAL BANK The Receiver of the First National Bank of Forsyth is now ready to pay a fifteen per cent dividend to depositors. In order to obtain the dividend check it will be necessary to bring with you the Receiver's Certificate you hold so that the payment of dividend can be endorsed thereon. S. G. REYNOLDS, Receiver.
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NOTICE TO DEPOSITORS FIRST NATIONAL BANK The Receiver of the First National Bank of Forsyth is now ready to pay a fifteen per cent dividend to depositors. In order to obtain the dividend check it will be necessary to bring with you the Receiver's Certificate you hold so that the payment of dividend can be endorsed thereon. Respectfully, S. G. REYNOLDS, 26-4 Receiver.
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NOTICE TO DEPOSITORS FIRST NATIONAL BANK The Receiver of the First National Bank of Forsyth is now ready to pay a fifteen per cent dividend to depos-
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BANKERS VISIT INGOMAR Major S. G. Reynolds, receiver of the First National Banks of Ingomar and Forsyth, R. D. Mountain, president of the American National Bank of Forsyth and A. D. Raymond, local field representative of the Merchants National Bank of Saint Paul, were here Friday from the county seat metropolis looking after business matters.
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edwards LETTER Guy Tibbetts and Al McLain were in Edwards Wednesday evening on their way home from Jordan. Mr. and Mrs. Ed Whipple of Anad, were shopping in Edwards Wednesday afternoon. Tom Anderson and Clinton Bunch were transacting business in Edwards Tuesday. John Adney was in the village for mall and ranch supplies Tuesday. Mr Adney intends to do some real farm ing this year. Vern Thomasson was a caller at the Guy L. Scott home Tuesday. John Gireth and C.E. Sanquist made a trip to Jordan Tuesday. Tom Anderson, well known sheep man of this community, was shopping in Edwards Saturday. Mrs. C. J. McCormick transacted business in Jordan Tuesday. H. B. Warner, well known well drill er of the Sand Springs country. is drilling a well for Vern Thomasson Hallie Birkrem of the Mitchell school, was.visiting at the D. C. Geib home Wednesday evening. Mr. and Mrs. W. H. Winney passed thru Edwards Saturday afternoon on their way to Jordan to attend the Fire man's dance. Bobby and Carlyle Martin of Brusett visited the latter part of the week at the Miley home. Legal Publications SUMMONS-FOR PUBLICATION In the District Court of the Fifteenth Judicial District of the State of Montana, in and for the County of Rosebud. The Federal Land Bank of Spokane, corporation, Plaintiff, versus P. L. a Robinson and Stella May Robinson, husband and wife; First National Bank of Forsyth, a corporation; S. G. Reynolds, as Receiver of the First National Bank of Forsyth ; Stellar Oil & Gas Company, a corporation; The State of Montana, a municipal corporation; Rosebud County, a municipal corporation; John McGraw, successor in office of G. G. Davis, as County Treasurer of Rosebud County The City of Forsyth, a municipal corporation: L. B. Paine, as City Treasurer of the City of Forsyth, Rosebud County National Farm Loan Association, a corporation. Defendants. The State of Montana sends Greeting to the above named Defendants: You are hereby summoned to answer the complaint in this action which is filed in the office of the Clerk of this court, and to file your answer and serve a copy thereof upon the plaintiff's attorney within twenty days after the service of this summons, exclusive of the day of service; and in case of your failure to appear or answer, judgment will be taken against you by default for the relief demanded in the complaint. The said action is brought to procure judgment against the defendants P. L. Robinson and Stella May Robinson and Rosebud County National Farm Loan Association, a corporation for the amount of four promissory note installments for the sum of $292.50 each, with 8 per cent per annum interest thereon from the following respective dates, May 17 and November 17, of the years 1924 and 1925 respectively, and for the principal sum of $8308.03, with 5½ per cent per annum interest from November 17, 1925, for moneys expended for abstract, $600.00 attorney fees and costs of suit, and for cancellation of stock in plaintiff's bank in the sum of $450.00, and the application of the proceeds thereof to satisfaction of plaintiff's decree and to foreclose a certain mortgage recorded in Book 24 of Mortgages at Pages 291-3 of the record of County Clerk and Recorder of Rosebud County, Montana, and covering the following described lands in the County of Rosebud, State of Montana, to-wit Lots one, two, three and four, the East Half of Southwest Quarter, the East Half of the Northwest Quarter, of Section Nineteen in Township Six North of Range Thirty-nine East of the Montana Principal Meridian, containing 307.36 acres, together with all water appurtenant to said land under the Yellowstone Irrigation District, together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining as thereto, more fully appears from plaintiff's verified complaint on file herein, reference to which is hereby made. Witness my hand and the seal of said court this 2nd day of April, 1926. (Court Seal) D. T. Muri, Clerk. By Irene Harbicht, Deputy Clerk. J. J. McIntosh, Attorney for Plaintiff, Forsyth, Montana. 1st Pub. 4-3-26. filed in the office of the Clerk of this court, and to file your answer and serve a copy thereo upon the plaintiff's attorney within twenty days after the service of this summons, exclusive of the day of service and in case of your failure to appear or answer, judgment will be taken gainst you by default for the relief demanded in the complaint. The said action is brought to procure judgment against the defendants Celina D. Randall, formerl 'elina D. Vassau and Charles V. Vassau and Rosebud County National Farm Loan Association, a corporation for a promissory note installment of $146.25 with 8 per cent per annum interest, from May 17. 1925, and $146.25 with 8 per cent per annum interest from November 17, 1925, and for the principal amount due on a promissory note of $4089.11 with 5½ per cent per annum interest from November 17, 1925 $325.00 attorney fees, money expendo for abstract and interest, and costs suit, and for can cellation of stock in plaintiff's bank, in the suf of $225.00 and the application of the proceeds thereof to satisfaction of plaintiff's decree and to fore close a certain mortgage recorded in Book 22 of Mortguges at Pages 64-5 of the records of the County Clerk and Recorder of Rosebud County, Montana, and covering the following described lands in the County of Rosebud, State of Montana, to-wit The South Half of Southwest quarter, the Northwest quarter of Southwest quarter and Southwest quarter of Northwest quarter of Section Ten in Township Six North of Range Thirty eight East of M. P. M., containing according to the Government Survey 160 acres, together with all water and water rights used upon or appurtenant to said property and however evidenced, together with all and singular the tenements hereditaments as more fully appears from plaintiff's verified complaint on file herein, reference to which is hereby made. Witness my hand and the seal of said court this 2nd day of April, 1926. (Court Seal) D. J. Muri, Clerk. By Irene Harbicht, Deputy Clerk. J. J. McIntosh, Attorney for Plaintiff. Forsyth, Montana. 1st Pub. 4-3-26. SUMMONS-FOR PUBLICATION In the District Court of the Fifteenth Judicial District of the State of Montana, in and for the County of Rosebud. Mrs. Nancy Belle Mahany, Plaintiff, versus Raymond W. Todd and Ethel J. Todd, his wife, Emily I. Greear and Patrick H. Greear, her husband, and Petters and Company, a corporation, (Formerly Petters Investment Company) Defendants. The State of Montana sends Greeting to the above named Defendants You are hereby summoned to answer the complaint in this action which is filed in the office of the Clerk of this court, and to file your answer and serve a copy thereof upon the plaintiff's attorney within twenty days after the service of this summons, exclusive of the day of service: and in case of your failure to appear or answer, judg ment will be taken against you by default for the relief demanded in the complaint. The said action's brought to procure judgment for amount of a principal promissory note for $2200.00, with interest, and four extension Interest notes for $132.00 each, with interest, taxes paid, with interest, attorney fees and costs of suit, and foreclose that certain mortgage, dated December 26, 1916, executed by Raymond W. Todd and Ethel J. Todd, as Mortgagors, to Petters Investment Company, a corporation, (Now Petters & Company), as Mortgagee, and thereafter assigned to the Plaintiff herein, and which mortgage was recorded in Book 15 of Mortgages at page 3, of the records of the County Clerk and Recorder's Office of Rosebud County, Montana, and covering the following described lands situate in Rosebud County, State of Montana. to-wit All of Section Nine (9), in Township Nine (9) North of Range Forty (40) East, Montana Principal Meridian, containing 640 acres, more or less, according to the United States Survey thereof, together with all and singular the tenements. hereditaments, appurtenances, easements, water rights, water ditches and water easements, and all other rights now or hereafter belonging to or in anywise appertaining thereto; as more fully appears from Plaintiff's verified complaint on file herein, ref erence to which is hereby made. Witness my hand and the seal of said court this 2nd day of April, 1926. (Court Seal) D. J. Muri, Clerk. By Irene Harbicht, Deputy Clerk. J. J. McIntosh, Attorney for Plaintime, Forsyth, Montana. 1st Pub. 4-3-26. SUMMONS FOR PUBLICATION. In the District Court of the Fif teenth Judicial District of the State of Montana, in and for the County of Rosebud. George Holah, Pliantiff versus Ray mond W. Todd and Ethel J. Todd, his wife, Emily I. Greear and Patrick H Greear, her husband, and Petters and Company, a corporation, (formerly Petters Investment Company) DefendThe State of Montana sends Greet ings to the above named Defendants You are hereby summoned to answer the complaint in this action which is filed in the office of the Clerk of this court, and to file your answer and serve a copy thereof upon the plaintiff's at torney within twenty days after the service of this summons, exclusive of the day of service; and in case of your failure to appear or answer, judgment will be taken against you by defatilt for the relief demanded in the com plaint. The said action is brought to procure judgment for amount of a principal promissory note for $1500.00, with interest, and four extension interest notes for $90.00 each, with interest, and $79.57 and $31.12 taxes paid, with interest, attorney fees and costs of suit, and to foreclose that certain mortgage, dated December 26, 1916, executed by Raymond W. Todd and Ethel J. Todd, as Mortgagors, to Petters Investment Company, a corporatio, (Now Petters & Company), as mortgagee, and thereafter assigned to the plaintiff herein, and which mortgage was recorded in Book 14 of Mortgages at page 630, of the records of the County Clerk and Recorder's Office of Rosebud County, Montana, and covering the following described lands situate in Rosebud County, State of Montana, to-wit: The South half of Section Twentyseven (27) in Township Ten North (10N), of Range Forty East, (40E), Montana Principal MerIdian, containing 320 acres, more or less, according to the United States Survey thereof, together with all and singular the tenements, hereditaments, appurtenances, easements, water rights, water ditches and water easements, and all other rights now or hereafter belonging to or In anywise appertaining thereto, as more fully appears from plaintiff's verified complaint on file herein. reference to which is hereby made. Witness my hand and the seal of said court this 27th day of March, 1926. D. J. Muri, Clerk. (Court Seal) By Irene Harbicht, Deputy. J. J. McIntosh, Forsyth, Montana, Attorney for Plaintiff. 1st Pub. 3-27-26.
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SUMMONS FOR PUBLICATION. In the District Court of the Fifteenth Judicial District of the State of Montana, in and for the County of Rosebud. The Federal Land Bank of Spokane, a corporation, Plaintiff, versus Celina D. Randall, formerly Celina D. Vassau and Martin Randall, wife and husband Charles V. Vassau, also known as Charles V. Vassau, Sr., an unmarried man; J. P. McCuistion and Grace D. McCuistion, husband and wife; The First National Bank of Forsyth, a corporation; S. G. Reynolds, as Receiver of The First National Bank of Forsyth; The State of Montana, a municipal corporation; Rosebud County, a municipal corporation; John McGraw, as Successor in office of G. G. Davis, as County Treasurer of Rosebud County, The City of Forsyth, a municipal corporation L. B. Paine, as City Treasurer of the City of Forsyth, Rosebud County National Farm Loan Association, a corporation, Defendants. The State of Montana sends Greeting to the above named Defendants: You are hereby summoned to answer the complaint in this action which is
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3 Bank Receivers Are Authorized to Compromise Debts Three petitions for compromise settlements between receivers of insolvent banks and debtors and a petition to sell the assets of another were authorized by Judge Charles N. Pray in the federal court Saturday. China R. Clarke, receiver of the First National bank of Fairview. was authorized to sell at auction the assets of the insolvent bank. consisting of bills. promissory notes, overdrafts. warrants and real estate, for not less than $7,000. subject to the approval of court. R. Miller, receiver of the First National bank of Moore, was authorized to accept $1,000 and certain realty from J. H. Morrow to compromise a debt of $11,803.31 The court empowered John A. Sanderson, receiver of the First National bank of Forsyth to accept 8600 in compromise settlement the First Presbyterian church of Forsyth and to deliver its notes of indebtedness. Sanderson. as receiver for the Commercial National bank of Miles City, was also authorized to accept in full settlement $900 from Roy Gibbs of Van Norman on an indebtedness of approximately $10,000. Earl V. Cline of Billings was appointed United States for the district of Montana and James M. Kerr of Los Angeles was admitted to practice as an attorney in the federal court.
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Appoint Bank Receiver. Columbus.-J. H. Gentry, national bank examiner, completing his investigation, turned the First National bank of Columbus over to J. A. Robinson, appointed receiver by the treasury department. Robinson had previously been receiver for the Commercial National bank of Miles City and the First National bank of Forsyth and previous to that carried on similar duties in Great Falls and Fort Benton. Heavy Snowfall on Rock Creek. Anaconda.-Martin Johnson, whose mountain home is on Moose lake, recently returned from a snowshoe trip around Moose lake and reports eight to ten inches of snow, while four miles above the summit on the main range and extending down to the foot of the range the snow measured four feet in depth.