Benton State Bank - Fort Benton, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: May 15, 1929
Location: Fort Benton, Montana (47.818, -110.667)

Metadata

Model: gpt-5-mini
Short Digest: 60d704db

Response Measures

None

Description

Article (The River Press, 1929-05-15) reports a receiver selling the assets of Benton State Bank; assets sold to J. A. Robinson subject to court approval. This indicates the bank was in receivership and its assets disposed of — a suspension leading to permanent closure. No run is described in the article.

Events (2)

1. May 15, 1929 Receivership

Newspaper Excerpt: Receiver John T. Phelan held a sale of the assets of the Benton State bank ... Mr. Robinson is receiver of Stockmen's National bank.
Source: newspapers

2. May 15, 1929 Suspension

Cause: Government Action
Cause Details: Bank placed in receivership and assets sold by receiver John T. Phelan; sale subject to court approval.
Newspaper Excerpt: Sell Benton State Bank Assets Receiver John T. Phelan held a sale of the assets of the Benton State bank on Tuesday afternoon of this week ... The assets of the bank were sold to J. A. Robinson for the sum of $1,000, this sale being subject to the approval of District Judge Chas. S. Hartman.
Source: newspapers

Newspaper Articles (1)

1. May 15, 1929 The River Press Fort Benton, MT

Article from The River Press, May 15, 1929

Click image to open full size in new tab

Article Text

seniors present the farce comedy play "A Lucky Break" in three acts. The cast will be composed of fifteen members of the Senior class and the play will be under the direction of Miss Helen Nelson. Reserved seat tickets are on sale at the Benton Drug & Jewelry company The price has been reduced to 50c for all seats. According word from those watching the ractice of this production it will be one of the best yet produced by the high school graduating class. Other commencement arrangments have been completed. The Baccalaureate sermon will be delivered on Sunday evening, June 2, by the Rev. W. P. Jinnett, pastor of the Methodist Episcopals church, of this city. The commincement exercises will be held on Toursday evening, June 6th, and Dr. E. Klemme, president of Intermountain Union college, will deliver the ad- more detailed account of the Senior class play will be found in another part of this issue. All residents of the community are urged to attend this production. Mary Esther Ridenour Wins Another great honor was brought to Chouteau County High school during the past week by the winning of the girls' division of the state declamatory contests held at Missoula on last Thursday evening, by Mary Esther Ridenour, daughter of V. E. Ridenour, of this city. Miss Ridenour had previously won the local meet from a number of contestants and was sent to Missoula as a representative of the Chouteau County High school to participate in the state contest. Miss Ridenour was awarded first place in the girls' division of the state contest with fifty-five others participating. This is indeed quite an honor and reflects great credit upon the local high school and on Miss Ridenour's abiliW as well as on her coach, Mrs. Wm. Vielleux, of this city Mrs. Vielleux also coached three winners in the county wide declamatory contest held here on May 3, two winning first places and one a third. Both Mrs. Vielleux and her pupil are to be heartily congratulated on this new honor which they have brought to the Chouteau County High school. She was presented with a fine gold medal for winning first place. Last Rites For Mrs. Louther Hunderds of friends gathered at the Louther home in this city on last Thursday afternoon to pay their last respects to their departed neighbor and friend, Mrs. Lydia M. Louther. The funeral services were held from the home and were conducted by the Rev. Dan W. Brown, pastor of the Christian church in this city. A quartet composed of Mrs. H. F. Miller, Mrs. L. H. Morrow, L. K. Miller and Harold Roudebush sang several songs. Rev. Brown paid a high tribute to Mrs. Louther, her work in the communuity and church life of the city. This was the largest funerals held in Fort Benton for many years, nearly a hundred cars accompanied the remains to the Riverside cemetery where the impressive funeral services of the Eastern Star were read by Mrs. O. A. Tschache. assisted by other members of the order. Fort Benton Chautauqua Attention is again called to the coming Fort Benton Chautauqua, which will be held in this city starting June 29th. The local committee of guarantors, who signed up the contract for this four-day entertainment last year, are awaiting advertising material and further information regarding the programs to start on their arrangements for this week of instruction and amusement. We have the assurance of the Chautauqua bureau that they are sending us the best four-day's entertainment that they have ever provided and that the coming Chautauqua programs will be far ahead of that provided this city last year. The bureau has added new equipment this year and will travel by cars and trucks. Watch for further announcements and set aside the four days starting June 29th as a vacation week. Bootleggers Defeat Fort Benton After leading the Bootleggers for the first six innings of the baseball game played on the local diamond on Sunday afternoon Fort Benton lost in the last innings of a fast game to the Great Falls team by a score of 10 as to Both teams played good baseball all the way The game was featured by the heavy hitting of both teams, three home runs being made as well as four three-base hits. The next game will be held on the local diamond in this city on next Sunday, May 19th, when the fast Geraldine team comes here for a game. This will be the last home game for three weeks as the team will play return games away from home The Fort Benton aggrrgation is developing into a first class baseball team, in fact the best team we have had here in years and deserves the support of all baseball fans. The following is the box score and summary of Sunday's game: Great Falls 002303101-10 Fort Benton Fort Benton AB E Morger, 3rd 3110 Trenne, rf 5000 Van Sickle, 1st Zimmer, SS 3100 Walton, If 4 Hindle, p 3120 Rassley, 2nd Smith, cf 4010 Thomas, c 4010 Clem*, 3rd 2120 1000 Daniels***, If Sell Benton State Bank Assets Receiver John T. Phelan held a sale of the assets of the Benton State bank on Tuesday afternoon of this week at which time three bidders were present. The assets of the bank were sold to J. A. Robinson for the sum of $1,000, this sale being subject to the approval of District Judge Chas. S. Hartman. The assets included all notes due the bank, which was about $260,000 and all judgments held by the bank amounting to about $55,000. The assets were first sold in parcels but as required by law they were also offered for sale in bulk and the bulk price proved to be the highest, which was accepted by the receiver, subject to approval of the court. The bank building and all real estate was reserved by the trust and will be handled by the receiver, we are informed, on a percentage basis. The bidding was all confined to local people. Mr. Robinson is receiver of Stockmen's National bank. To Give Public Recital Mrs. Helen E. Burnett is presenting her pupils in a piano recital at the high school hall on Monday evening, May 20th, to which the general public is cordially invited. The program is follows: Negro Spiritual, "Come in at the Door" Girls' Chorus Priscilla on Wednesday Etude Helen Cox Hollyhocks Risher Jean Winter Fairies' Carnival Anthony Winnie Gordon Around the Christmas Tree Virginia Dammrose Lullaby from Ermine Myrle Virginia Lippard Reading Selected Imogene Gallagher The Happy Darky Cur Marie Lempke Little Professional March Giles Helen Hoffman Bringing up the Family Franklin Alice Brown Am Waiting For You. Helen Ramsey Satanella Schneidler Sylvia Gruel Butterflies' Lullaby Ellis Beryl Anderson Falling Waters Truax Marian Smith Forest Voices Cook Clara May Vielleux Solo-May Morning Denza Mrs. Helen C. Burnett Duet- Anvil Chorus n Trovatour Hilda Kelly and Myrle V. Lippard Moonlight on The Hudson Wilson Ray Wainwright Gold at Twilight Kern Hilda Kelly Grand Gallop de Concert Holst Myrle Virginia Lippard Negro Spiritual- "Hand Me Down My Silver Trumpet" Chorus Graveling Work Started Work was started Monday morning on the graveling of the Lockwood and Teton hills by the Fort Benton Commercial Club. Ike Hunsberger has the contract for hauling the gravel and has two trucks at work on this project. The first day over 200 yards of gravel was placed on the road, it being estimated that it will take about 3000 yards of gravel for the project under way. So far the committee on the raising of funds for this road has not completed this work, but the same will be completed this week. Those who have not been seen would confer a favor on the soliciting committee if they would leave their checks at the Chouteau House. The committee is short quite a little to pay for this work and it is hoped that all solicited will promptly give a check for their share of the work. NOW IS THE TIME TO ADVERTISE 39 3 *Substitute for Morger **Substitute for Hindle **Substitute for Walton Great Falls AB E E. Furlong, 1st 3011 D. Furlong, 2nd 5210 Valicich, SS 5010 Evans, cf 5 0 Ross, If 3330 Grassech, 3rd 0 0 Olds, rf 4 0 5120 H. Furlong, p 3210 Engberg, rf 1000 Totals 39 10 11 Summary Home runs Morger, Clem, D. Furlong. Three base hitsVan Sickle, Hindle, Ross, H. Furlong. Two base hits- Walton. Struck out by Hindle-6, Adams 3; H. Furlong 4. Hit by pitched ball-Ross. Umpire- J. A. Smith.