Gildford State Bank - Gildford, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 16, 1923
Location: Gildford, Montana (48.569, -110.300)

Metadata

Model: gpt-5-mini
Short Digest: b5a7a5cb

Response Measures

None

Description

Article reports the Gildford State Bank 'recently closed' and a receiver (C. W. Erskine) was appointed. No mention of a depositor run or reopening; therefore classified as a suspension leading to closure with receivership. No cause given in the text.

Events (2)

1. February 16, 1923 Receivership

Newspaper Excerpt: C. W. Erskine has been appointed receiver of the Gildford State Bank which recently closed.
Source: newspapers

2. February 16, 1923 Suspension

Cause Details: Article gives no reason for the closure; simply reports the bank 'recently closed' and a receiver appointed.
Newspaper Excerpt: RECEIVERS APPOINTED Havre-C. W. Erskine has been appointed receiver of the Gildford State Bank which recently closed.
Source: newspapers

Newspaper Articles (1)

1. February 16, 1923 The Producers News Plentywood, MT

Article from The Producers News, February 16, 1923

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Article Text

RECEIVERS APPOINTED Havre-C. W. Erskine has been appointed receiver of the Gildford State Bank which recently closed. J. C. Browne has assumed the receivership of the Box Elder Security State Bank and M. C. Norman has been placed in charge of the First State Bank of Kremlin.