11332. First National Bank (Grass Range, MT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
10939
Charter Number
10939
Start Date
August 8, 1931
Location
Grass Range, Montana (47.026, -108.805)

Metadata

Model
gpt-5-mini
Short Digest
698372b3

Response Measures

None

Receivership Details

Depositor recovery rate
21.5%
Date receivership started
1930-07-09
Date receivership terminated
1936-03-07
OCC cause of failure
Economic conditions
Share of assets assessed as good
44.8%
Share of assets assessed as doubtful
45.3%
Share of assets assessed as worthless
9.9%

Description

Articles do not describe a depositor run; they refer to a receiver (Milner / Miller) for the First National Bank of Grass Range and receiver actions (lawsuits, being named defendant in foreclosure suit). This indicates the bank was placed in receivership (closed) rather than a temporary run-only episode. No explicit suspension-date or cause is given in the clips; the presence of a receiver implies permanent closure/receivership.

Events (4)

1. January 13, 1917 Chartered
Source
historical_nic
2. July 9, 1930 Receivership
Source
historical_nic
3. August 8, 1931 Receivership
Newspaper Excerpt
RECEIVER SUES. Milner, as receiver of the First National Bank of Grass Range, has brought suit against Cyrus Spangler to recover ... Belden the plaintiff.
Source
newspapers
4. October 2, 1931 Receivership
Newspaper Excerpt
The First National Bank of Grass Range, corporation; Miller, Receiver of The First National Bank of Grass Range; and Winnett National Farm Loan Association, corporation, ... YOU ARE HEREBY SUMMONED ...
Source
newspapers

Newspaper Articles (2)

Article from Lewistown Daily News, August 8, 1931

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Article Text

SEEKS DAMAGES POSSESSION OF FUL BY BANK COURT A new action was brought by Eunice M. Webb against Joseph Wright, farm contract action in which the plaintiff seeks possession of the property and considerable damages. The plaintiff leges that the defendant, on Jan. last, submitted to her farm contract which provided for the possession of the plaintiff's lands by the defendant until 1934, but she declined to sign it but the fendant took posses sion of the land and still holds although she has notified him to move off and surrender the farm to her. She asks for possession the land, with $2,000 damages which may be trebeled for forcible entry and detainer. Ayers & Ayers for the plaintiff. RECEIVER SUES. Milner, as receiver of the First National Bank of Grass Range, has brought suit against Cyrus Spangler to recover and against recover Belden the plaintiff. CIVIL ACTION. W. J. Johnson has brought suit against F. Kramlich to recover $160. E. K. Matson for the plaintiff. DISMISSED. The suit of Harris Hobson against Charles Zalud and Otto Myers was yesterday dismissed. GIVEN THIRTY DAYS. Ed Steffis, who pleaded guilty some days ago to the theft of bridle, was yesterday given 30 days in the county jail by Justice Edward Mertin.


Article from Winnett Times, October 2, 1931

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Article Text

Prairie Sunshine In keeping with the current rage, there comes the cocktailone drink and in miniature out. Smack His Sassy Face! Just as the were lining up the barrier the woman grasped husband by the arm and in voice which was filled with emotion asked him for safety pin, meanwhile grabbing frantically after something that seemed to slipping. Just then some one nearby shouted, off." And she fainted. Butter is like Irish children: comes in little "Pats." Isn't It The Truth? A farmer was passing the insane asylum with load of fertilizer. An inmate called thru the fence, "What are hauling?" "Fertilizer," replied the farmer. "What are you going to do with "Put on my strawberries." "And we put cream on ours, and they say we're crazy," the inmate countered. A steamship company wired the captain of one of its ships: "Move heaven and earth, and get here Friday." To which they had reply the next day: "Raised hell, and will get there on Thursday." Gimmie and Blas Office are the most biased creatures I've ever Office they ever say is, 'Bias this and bias that'." hate that fellow that called on me last night," exclaimed the pretty young flapper. "Last night wanted to show him how whistle so puckered up my lips into my fanciest pucker and got all "Well?" interposed her girl chum. "He let me whistle!' widow has inscribed on her husband's tombstone, "Rest in Peace." Later she found out that he had left her penniless, so she had the inscription changed to, "Rest in peace until get there." A merchant having show card sign whereby he could insert different letters to make words, found himself short of the letter He went across the street to ask colored man who shined shoes in barber shop (who, by the way, had sign like the merchant) if had any O's. To which the darky replied: sah, Ah haven't any O's." "But mean, Walt, an the letter for that Sign that you have." "Oh," said the darky, "you mean O'h; Ah thought that you mean't Oa's for boat." Correct Teacher (in georgraphy class) "Can any one tell me where Pittsburgh is?" Small Voice (in rear) "Please ma'am, playing in Chicago." Should Have Been Life Mrs. "We had not been married week when he hit me with piece of sponge cake." Judge: 'Disorderly conduct. Five dollars and costs. Mrs. Newlywed (sobbing): "And made the cake with my own hands." Judge: "Assult with deadly "Just one more glass and then go home,' said the dishwasher as he laid down the soap. Others Get the Same Gift cried Satan to the new rival, "you act as if you owned the dump." My wife gave it to He: could do anything if knew you were home waiting for me, darling. She: I'll say you would! That's why out to check up on what doing. She: What did you have for lunch? He: Three gussess. She: No wonder you are so hungry. The golfer sliced his ball into the rough and he and his partner went in search of They searched for long time without success, kindly old lady watching them with sympathetic interest. Finally, after the search had lasted half an hour, the dear old soul spoke them. don't want to bother you, gentleshe said, "but would be cheating told you where STATEMENT OF OWNERSHIP Management, circulation, quired by the act of congress of August 1912. Of Winnett Times published weekly Winnett, Montana for October 1931. State of Montana, County of Petroleum, Before me Notary Public in and for the State and county personally appeared Delmar Cole, who, been duly sworn accordto and that says Secretary of the Winnett Times and that the following to the best of his knowledge and true the ownership, managment, etc., the aforesaid publication for the date shown in the above caption, required the Act of August 1912, embodied in section 411, Postal Laws and Regulations, printed on the this form, to wit: That the names and addresses of the publisher, editor, managing editor and business managers are: Publisher: Winnett Times Publishing Company, Winnett, Montana. Editor C. Doherty, Missoula, Montana. Managing Editor: C. Doherty, Missoula, Montana. Business Manager: Delmar Cole, Winnett, Montana. That the owner Winnett Times Publishing Company: Alexander, Dr. Winnett, Mont. Berry, Winnett, Mont. Buhler Cafe, Winnett, Mont. Burt, Blanche B., Winnett, Mont. Greene, H. B., Winnett. Mont. Coffman, Edna, Winnett, Mont. Doherty," Winnett. Mont. Doherty, Winnett, Mont. Cole, Delmar B., Winnett, Mont. Lasater, Corvallis, Mont Hoyle, Mary Jane, Winnett, Mont. Hoyle, Lenora Montana, Winnett, Mont. Kelly, Madison, Wisc. Hegna, Great Falls, Mont. Ogg, Missoula, Mont. Ogg, Missoula, Mont. Nelson, Arthur Winnett, Mont. Nelson, Oscar Billings, Mont. Sevals, Walter, Winnett, Mont. Weidman, R. Big Timber, Mont. Woods, Winnett, Mont. Blumenfeldt, Chicago, III. Nelson, Frank Gilford, Mont. That the known bondholders, mortgagees, and other security holders owning holding per cent or more of total amount bonds, mortgages, or other are: Great Falls Tribune, Great Falls, Mont. That the two paragraphs next above, giving the names of the owners, stockholders, and security holdif any, contain not only the list of stockholders and security holders as they appear upon the books of the company but also, in cases where the stockholder or security holder appears upon the books the company trustee in any other fiduciary relation, the name of the person corporation for whom such trustee acting, is given; also that the said two paragraphs contain statements embracing affiant's full knowledge and belief as to the circumstances and conditions under which stockholders security holders who not appear upon the books of the company as trustees, hold stock and securities in capacity other than that of bona fide owner; and this affiant has no reason to believe that any other person, association, or corporation has any interest direct direct in said stock, bonds, or other securities than as so stated by him. DELMAR B. COLE. Sec. Sworn to and subscribed before me this 1st day of October, 1931. Notary Public for the State of Montana My commission expires Dec. 15, 1933. Residing at Winnett, Montana. ALIAS SUMMONS In the District Court the Tenth Judicial District the State of Montana, in and for the County of Petroleum. The Federal Land Bank of Spokane, corporation, Plaintiff, Rachel Dengel, formerly Rachel Welter: Katie Learn; Wm. N. Welter; single man; Lucile Norcross: Florence Kauth; Margaret R. Noonan; Marvin Lewis and Lucy Lewis, husband and wife; The First National Bank of Grass Range, corporation; Miller, Receiver of The First National Bank of Grass Range; and Winnett National Farm Loan Association, corporation, DeThe State of Montana sends Greetings to the Defendants: YOU ARE HEREBY SUMMONED the complaint in this action which is filed in the office of the Clerk of this Court, copy of which served upon you, and to file your answer and copy thereof upon the plaintiff's attorney within twenty days after the service this exclusive of the day service: and in case of your failure to appear or answer, judgment will be taken against you default for the relief demanded in the complaint. This action is brought for the purpose of foreclosing certain real estate mortgage made, executed and delivered by Nicholas Welter, now ceased, and the defendant, Rachel Dengel, formerly Rachel Welter, the plaintiff, was for the sum of $1000.00. and which mortgage covers the following described real property, situated in the County of Petroleum, State of Montana, wit: Southeast Quarter of Northwest Quarter, North Half of Southwest Quarter, Quarter of Southwest Quarter, Section Northwest Section Township Seventeen North. Range East of the Montana Principal Meridian, containing 320 acres. and which real estate mortgage was filed record the office the County Clerk and Recorder of Fergus County, on the 21st day of April. 1919, and thereafter recorded Book 74 of the Records of Real Es Mortgages, on page 380 thereof. and thereafter in Book 41 of the Records of Real Estate Mortgages on page 571 of the Records of Petroleum County, State of Montana And for the purpose of recovering from the said defendants all sums due and owing, under the terms of said mortgage, interest and principal thereon, attorney fees and other costs, and for decree foreclosing said mortgage, and for the sale the property therein described: all which more fully appears in the plaintiff's verified on file. reference to which said complaint is hereby made. Witness hand and the seal of said this 22nd day of September, 1931. (COURT SEAL) IDA S. RIGG. Clerk By OLE RIGG, Deputy Clerk. Arthur W. Ostrom, Spokane, and Oscar Attorneys for Plaintiff. NOTICE In the District Court of the 10th Judicial District of the State of Montana in and for the of County Petroleum. STATE OF Elliott You and each of will you please take Notice that order has been issued by Wm. G. Brooks, State Fire Marshal, determining that the dilapitated shacks located on 17, Block 12, Original Townsite of Winnett, Montana are fire hazard and situated as to endanger other buildings and property located in its vicinity by reason for the want of proper repair and filed in the office of the Clerk the above entitled Court in the City of Winnett, County of Petroleum, State of Montana, on the 6th day of August, 1931, and you are hereby notified that unless you file in the office of the Clerk of the above entitled Court, and upon the State Fire Marshal the other officer whose name subscribed to the foregoing Order, your verified answer denying the existence of the matter stated in said Order which you desire to controvert, within twenty days from the date of the service of this Notice upon you, you shall be deemed in default and the above entitled Court will affirm the foregoing order and direct the State Fire Marshal to proceed with the thereof. Dated this 15th day of September, 1931. (SEAL) IDA S. RIGG, Clerk of the Court, Petroleum County, Montana. McCulloh, County Attorney Winnett, Montana. 19-21. NOTICE In the District Court of the 10th Judicial District of the State of Montana in and for the County of PetroSTATE OF MONTANA Jewell Vannoy You and each of you will please take Notice that an order has been issued by Wm. Brooks, State Fire Marshal, determining that the dilapitated shacks located Lot Block 34, Original Townsite Montana, are fire hazard and situated as to other buildings and property located in its vicinity by reason for the want of proper repair was filed the office of the Clerk of the above entitled Court the City of Winnett. County of Petroleum, State of Montana, on the 6th day of August, 1931, and you are hereby notified that unless you file in the fice of the Clerk of the above entitled court, and serve upon the State Fire Marshall, or the other officer whose name is subscribed to the foregoing Order, your verified answer denying the existence of the matter stated in said order which you desire to controvert. within twenty days from the date of the service of this notice upon you, you shall be deemed in default and the above entitled Court will af firm the foregoing Order and direct the State Fire Marshal to proceed with the enforcement thereof. Dated this 15th day of September, 1931. (SEAL) IDA RIGG, Clerk of the Court, Petroleum County, Montana. F. County Attorney 19-21 NOTICE In the District Court of the 10th Judicial District of the State of Montana in and for the County of Petroleum. STATE OF MONTANA Malone You and each of you will please take Notice that an order has been issued by Wm. G. Brooks, State Fire Marshal, determining that the dilapitated shacks located on: Lots and Block 24, Original Townsite Winnett, Montana are fire hazard and 80 situated as to endanger other buildings and property located 'in its vicinity by reason for the want of proper repair and was filed in the office of the Clerk the above entitled Court in the City Winnett. County of Petroleum, State of Montana, on the 6th day of August, 1931, and you hereby tified that unless you file the office the Clerk of the above titled Court, and serve upon the State Fire Marshal the other officer whose name is subscribed to the foregoing order, your verified answer denying the existence of the matter stated in said Order which desire to within twenty days from the date of the service this Notice upon you, you shall be deemed in default the above entitled Court will affirm- the foregoing Order and direct the State Marshal proceed with the enforcement thereof. Dated this 15th day of September 1931. (SEAL) IDA RIGG. Clerk of the Petroleum County, Montana. County Attorney Winnett, Montana. 19-21. NOTICE In the District Court of the 10th Judicial District of the State of Montana in and for the County of Petroleum. STATE OF MONTANA William Miller You and each of you will please take Notice that order has been issued by Wm. G. Brooks, State Fire Marshall, determining that the dilapitated shacks located on: Lot Original Townsite, Winnett, Montana fire hazard and so situated as to endanger other buildings and erty located in its vicinity, by reason for the want of proper repair and was filed in the office of the Clerk of the above entitled Court in the City of Winnett, County of Petroleum, State Montana, on the 6th day August, 1931, and you are hereby notified that unless you file in the office of the 20-23. Clerk of the above entitled Court, and upon the State Fire Marshal the other officer whose name is subscribed to the foregoing Order, your verified answer denying the existence of the matters stated in said Order which you desire to controvert. within twenty days from the date of the service of this Notice upon you, shall deemed in default and the above entitled Court will affirm the foregoing Order and direct the State Fire Marshal to proceed with the enforcement thereof. Dated this 15th day of September 1931. (SEAL) IDA RIGG, Clerk of the Court. Petroleum County, Montana. McCulloh, County Attorney Montana NOTICE OF SALE Notice is hereby given that wherePetroleum County is now the ownof certain real estate acquired by reason of delinquent taxes, and. Whereas the said property not acquired Petroleum County for such purposes but under circumstances hereinbefore referred to, and. Whereas several inquiries have been made relating to the possible purchase of said lands or part there- Now therefore, notice hereby given that on the 4th day of November 1931 at 10 o'clock on said date front door of the court house in Winnett. Petroleum County Montana, the County Commissioners of Petroleum County will offer for sale Public Auction, the described property The North half of the SouthSoutheast quarter of the Southeast quarter Section (22): The Northeast quarter of the Northeast quarter of Section (27) all in Township Seventeen (17) North Range (24) East of bid of less than $176.37 plus cost of advertising and deed will be The said lands will be offered to the highest and best bidder for cash The board the right to reany and all bids. Dated this 9th of day September, 1931. Board of County Commissioner. Petroleum County, Montana By JOE MAXEY. H. B. GREENE, Clerk