11424. Citizens National Bank (Laurel, MT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
8716
Charter Number
8716
Start Date
December 22, 1922
Location
Laurel, Montana (45.669, -108.772)

Metadata

Model
gpt-5-mini
Short Digest
b9757e18

Response Measures

None

Receivership Details

Depositor recovery rate
6.1%
Date receivership started
1923-01-04
Date receivership terminated
1935-10-19
OCC cause of failure
Economic conditions
Share of assets assessed as good
17.1%
Share of assets assessed as doubtful
27.6%
Share of assets assessed as worthless
55.3%

Description

Newspapers report the Citizens National Bank of Laurel suspended operations on Dec 22, 1922 (no run mentioned and no cause given). A 1928 sheriff's sale names George W. Swords as receiver of the Citizens National Bank of Laurel, indicating the bank remained closed and was placed in receivership (permanent closure).

Events (4)

1. May 31, 1907 Chartered
Source
historical_nic
2. December 22, 1922 Suspension
Cause Details
Announcement by officers that the bank suspended; article gives no reason or cause for suspension.
Newspaper Excerpt
The Citizens National bank of Laurel, 15 miles west of here, suspended this morning according to announcement of its officers.
Source
newspapers
3. January 4, 1923 Receivership
Source
historical_nic
4. June 16, 1928 Receivership
Newspaper Excerpt
George W. Swords, receiver of the Citizens National Bank of Laurel, a National Corporation, plaintiff, vs. ... Dated at Billings, Montana, this sixteenth (16) day of June, 1928.
Source
newspapers

Newspaper Articles (5)

Article from Casper Daily Tribune, December 22, 1922

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Article Text

LAUREL BANK CLOSES. BILLINGS. Mon., Dec. 22.- The Citizens National bank of Laurel, 15 miles west of here, suspended this morning according to announcement of its officers. The institution was capitalized at $35,000.


Article from Great Falls Tribune, December 23, 1922

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Article Text

LAUREL BANK CLOSES Billings, Dec. 22.-(By The Associated Press.)-The Citizens National Bank of Laurel, 15 miles west of here, suspended Friday morning. according to announcement of its officers. The institution was capitalized at $35,000.


Article from Laurel Outlook, July 4, 1928

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Article Text

NOTICE OF SHERIFF'S SALE. In the District Court of the Thirteenth Judicial District of the State of Montana, in and for the County of Yellowstone. George W. Swords, receiver of the Citizens National Bank of Laurel, a National Corporation, plaintiff, vs. Leone Mazzanti and Sarah L. Mazzanti, his wife, C. J. Miller and Ada Miller, his wife; Jesse M. Peck, Lou W. Chapple, Thad S. Smith, E. C. Peck, J. P. Moore and Nellie E. Moore, his wife; M. F. DeBolt, Euclid Oil Company, John G. Link, E. J. McLean, Edward J. McLean, Jr., Max Baer, W. J. Murray, Trustee, Link Realty Company, John F. St. Claire Company, Carl Palmquist, defendants. To be sold at Sheriff's sale on the 14th day of July, 1928, at the hour of ten o'clock A. M., at the front door of the Court House in the City of Billings, Yellowstone County, Montana, the following described property, situate in said County and State, to-wit: North one-half (N½) of the Southeast Quarter (SE%), and the Southeast Quarter of the Southeast Quarter (SE% ofSE%) of Section Twenty- Township Three (3) South (S), Range Twenty Four (24) East (E), containing One Hundred and Twenty (120) acres, more or less, according to Government survey, thereof. Dated at Billings, Montana, this sixteenth (16) day of June, 1928. STONE W. MATLOCK, Sheriff. Lloyd W. Swords, Attorney for Plaintiff, Billings, Montana. (Date of 1st Pub. June 20, 1928-4t.)


Article from The Hardin Tribune-Herald, September 4, 1936

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Article Text

SUMMONS In the District Court of the Thirteenth Judicial District of the State of Montana, in and for the County of Big Horn. BIG HORN COUNTY, MONTANA, a quasi municipal corporation. Plaintiff. VS. Louise E. Anspach and — Anpach, her husband, if any: Ernest Adler and — Adler, his wife, if any; Lester J. Barr and Bertha Barr, his wife; Gladys J. Bean and Willard D. Bean, her husband; Clarence H. Bell and — Bell, his wife, if any, Clark A. Bell and — Bell, his wife, fi any; Carrie Brotherson and C. A. Brotherson, her husband; W. A. Becker and Clara Becker, his wife; William H. Blythe and — Blythe, his wife, if any; Thomas H. Cook and Mabel Cook, his wife; Jetta Parks Cashman and C. B. Cashman, her husband: Rufus F. Chapin, Trustee for Keene L. Darnall, deceased, under the will of Ora Darnall; Union Bank and Trust Company, Chicago, Illinois, as executors of the estate of Ora Darnall, deceased; James E. Draper, and -Draper, his wife; if any: N. C. Bacheller, a widower, and Lillie B. Mead, as executrix of the estate of Cleoria Bacheller; A. W. Doyle and Elva Doyle, his wife; Rose L. Danielson and Charles G. Danielson, her husband: Albert S. Erskine and -Erskine, his wife, if any: John Bovum and — Boyum, his wife, if any; Charles M. English and — English, his wife, if any; C. R. France and — France, his wife, if any; Thomas J. Freer and Florence E. Freer, his wife; Letitia M. A. Goldsmith and Charles G. Goldsmith, her husband; Simon P. Graham and — Graham, his wife, if any; Dorothy Goering, now Mrs. A. J. Newton, and A. J. Newton, her husband; Fred Harder and — Harder his wife, if any; O. C. Hancock and — Hancock, his wife, if any; Frank Kopriva and Frances Kopriva, his wife; D. Louis and — Louis, his wife, if any; D. F. Lemaster, liquidating agent of the Shepherd State Bank, of Shepherd, Montana, a corporation; Lena C. Lockwood and — Lockwood, her husband, if any; H. C. Lobdell and Nellie R. Lobdell, his wife; George J. Lammers and Mamie Lammers, his wife; E. E. Lonabaugh and — Lonabaugh, his wife, if any; Loomis Burrell and — Burrell, his wife, if any; D. H. Burrell and — Burrell, his wife, if any; Michael McKenna and — McKenna, his wife, if any; A. L. Mitchell and Mary V. Mitchell, his wife; Alger W. Lonabaugh and — Lonabaugh, his wife, if any; Roy C. Munkers and — Munkers, his wife, if any; Genevieve Becker, known as Genevieve Meeke, and John Meeke, her husband; Johnson-Davis Plumbing and Heating Company, a corporation; First National Bank of Hardin, a corporation; Stockmen's Nat'l Bank, a corporation; L. L. McGibboney and — McGibboney, his wife, if any; Mor Dan and — Mor Dan, his wife, if any; Mah Quong and — Mah Quong, his wife, if any; Alice G. McMoran and W. J. McMoran, her husband; Jessie Ebeling, otherwise known as Jessie E. Miller, and Charles Miller, her husband; Alex Naylor and Bertha Naylor, his wife; S. Okimoto and — Okimoto, his wife, if any; Ole J. Olson and — Olson, his wife, if any; Josephine Ekman, a widow; H. A. Williams, as executor of the estate of Martin Ekman, deceased; George W. Perry and — Perry, his wife, if any; Ruth Ping and J. J. Ping, her husband; James Ryan and — Ryan, his wife, if any; Carl Rankin and Bessie Rankin, his wife; Adolphus Ragan and — Ragan, his wife, if any; Agnes Jennette Randall and — Randall, her husband, if any; Charles F. Ridley and — Ridley, his wife, if any; Roy Shaw and — Shaw, his wife, if any; W. R. Solomon and — Solomon, his wife, if any; Lloyd Snyder and Pearl E. Snyder, his wife; Neil Sutherland, a single man; James Richard Simmons and Mabel W. Simmons, his wife; William H. Steele and — Steele, his wife, if any; Norah Whalen, a widow; W. E. Warren and Annella V. Warren, his wife; Estella Wise and Angelo W. Wise, her husband; Margaret E. Stearns, as executrix of the estate of John W. Sterns, deceased, known as John W. Stearns, deceased; Newman C. Spencer and — Spencer, his wife, if any; Carl Rankin, Public Administrator of the estate of C. C. Hutton, deceased; Carl Rankin, Public Administrator of the estate of A. G. Earsley, deceased; H. W. Bunston, Receiver for Hardin State Bank, a corporation; E. C. Dav, Trustee for Hardin State Bank, a corporation; Hardin Townsite Company, a corporation; Billings Credit Mens' Association, of Billings, Montana, a corporation; — Receiver for Citizens' National Bank, of Laurel, Montana; Thompson Yards, Inc., a corporation; Billings Branch of Salvation Army, of Billings, Montana, a corporation; Billings Hudson Essex Company, of Billings, Montana, a corporation; J. M. Broat Lumber Company, a corporation; Yellowstone Merchants' National Bank of Billings, Mont., a corporation; Midland National Bank, of Billings, Montana, a corporation; Nellie M. Houghton and Archie Furr, as Administrators of the estate of A. B. Houghton, deceased; Emil Felgner and — Felgner, his wife, if any; M. Henderson and — Henderson, his wife, if any; Wm. Kolloge and — Kolloge, his wife, if any; Herald Bergh and — Bergh, his wife, if any; Catherine Peck and — Peck, her husband, if any; Charles Brinck and — Brinck, his wife, if any; Frances Rae and — Rae, her husband, if any; — and — and — Trustees of Diocese of Fon Du Lac, Wisconsin, a corporaion; Fred B. Taylor and Alice K Taylor, his wife; E. F. Sapp and — Sapp, his wife, if any; Two Leggins Water Users' Association, a corporation: and all other persons, unknown, claiming or who might claim any right, title.


Article from The Hardin Tribune-Herald, September 11, 1936

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Article Text

public schools, who was en route to her work there. SUMMONS in the District Court of the Thirteenth Judicial District of the State of Montana, in and for the County of Big Horn. BIG HORN COUNTY. MONTANA. a quasi municipal corporation. Plaintiff. vs. Louise E. Anspach and Anpach. her husband. if any: Ernest Adler and Adler. his wife, if any: Lester J. Barr and Bertha Barr. his wife: Gladys J. Bean and Willard D. Bean, her husband: Clarance H. Bell and Bell. his wife, if any. Clark A. Bell and Bell. his wife. if any: Carrie Brotherson and C. A. Brotherson. her husband: W. A. Becker and Clara Becker. his wife: William Blythe and Blythe. his wife. if any: Thomas H. Cook and Mabel Cook. his wife: Jetta Parks Cashman and C. B. Cashman. her husband: Rufus F. Chapin. Trustee for Keene L Darnall. deceased. under the will of Ora Darnall: Union Bank and Trust Company. Chicago. Illinois, as executors of the estate of Ora Darnall. deceased: James E. Draper. and Draper. his wife: if any: N. C. Bacheller. a widower. and Lillie B. Mead. as executrix of the estate of Cleoria Bacheller: A. W. Doyle and Elva Doyle. his wife: Rose L. Danielson and Charles G. Danielson. her husband: Albert S. Erskine and Erskine. his wife. if any: John Boyum and Boyum. his wife. if any: Charles M. English and English. his wife, if any: C. R. France and France. his wife. if any: Thomas J. Freer and Florence E. Freer his wife: Letitia M. A. Goldsmith and Charles G. Goldsmith. her husband: Simon P. Graham and Graham. his wife. if any: Dorothy Goering. now Mrs. A. J. Newton. and A. J. Newton. her husband: Fred Harder and Harder his wife if anv: O. C. Hancock and Hancock. his wife. if any: Frank Kopriva and Frances Kopriva. his wife: D. Louis and Louis. his wife, if any: D. F. Lemaster. liquidating agent of the Shepherd State Bank. of Shepherd. Montana, a corporation: Lena C. Lockwood and Lockwood. her husband. if any: H. C. Lobdell and Nellie R. Lobdell. his wife: George J. Lammers and Mamie Lammers. his wife: E. E. Lonabaugh and Lonabaugh. his wife. if any: Loomis Burrell and Burrell. his wife. if any: D. H. Burrell and Burrell. his wife. if any: Michael McKenna and McKenna. his wife. if any: A. L. Mitchell and Mary V. Mitchell. his wife: Alger W. Lonabaugh and Lonabaugh. his wife. if any: Rov C. Munkers and Munkers. his wife. if any: Genevieve Becker. known as Genevieve Meeke. and John Meeke. her husband: Johnson-Davis Plumbing and Heating Company. a corporation: First National Bank of Hardin. a corporation: Stockmen's Nat'l Bank. a corporation: L. L. McGibboney and McGibboney. his wife. if any: Mor Dan and Mor Dan. his wife. if any: Mah Quong and Mah Quong. his wife. if anv: Alice G. McMoran and W. J. McMoran. her husband: Jessie Ebeling. otherwise known as Jessie E. Miller. and Charles Miller. her husband: Alex Navlor and Bertha Navlor. his wife: S. Okimoto and Okimoto, his wife. if any: Ole J. Olson and Olson. his wife. if any: Josephine Ekman. a widow: H. A. Williams. as executor of the estate of Martin Ekman. deceased: George W. Perry and Perrv. his wife. if any: Ruth Ping and J. J. Ping. her husband: James Ryan and Ryan. his wife. if any: Carl Rankin and Bessie Rankin. his wife: Adolphus Raran and Ragan. his wife. if any: Agnes Jennette Randall and Randall. her husband. if any: Charles F. Ridley and Ridley. his wife. if anv: Roy Shaw and Shaw. his wife, if any: W. R. Solomon and Solomon, his wife. if anv: Lloyd Snyder and Pearl E. Snvder. his wife: Neil Sutherland. a single man: James Richard Simmons and Mabel W. Simmons. his wife: William H. Steele and - Steele. his wife. if any: Norah Whalen. a widow: W. E. Warren and Annella V. Warren. his wife: Estella Wise and Angelo W. Wise. her husband: Margaret E. Stearns. as executrix of the estate of John W. Sterns. deceased. known as John W. Stearns. deceased: Newman C. Spencer and Spencer. his wife. if any: Carl Rankin. Public Administrator of the estate of C. C. Hutton. deceased: Carl Rankin. Public Administrator of the estate of A. G. Earsley. deceased: H. W. Bunston. Receiver for Hardin State Bank. a corporation: E. C. Day. Trustee for Hardin State Bank. a corporation: Hardin Townsite Company. a corporation: Billings Credit Mens' Association. of Billings. Mentana. a corporation Receiver for Citizens' National Bank. of Laurel. Montana: Thompson Yards. Inc.. a corporation: Billings Branch of Salvation Army. of Billings. Montana. a corporation: Billings Hudson Essex Company. of Billings. Montana. a corporation: J. M. Broat Lumber Company. a corporation: Yellowstone Merchants' National Bank of Billings. Mont..a corporation: Ban