State Bank - Madoc, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: August 1, 1924*
Location: Madoc, Montana (48.811, -105.286)

Metadata

Model: gpt-5-mini
Short Digest: 42bf8af9

Response Measures

None

Description

The article names John L. Gregg as Receiver of the State Bank of Madoc and is a sheriff's sale notice related to the bank, indicating the bank was closed and in receivership by Aug 1924. No mention of a depositor run in the excerpt, so classified as a suspension leading to closure/receivership.

Events (1)

1. August 1, 1924* Receivership

Newspaper Excerpt: John L. Gregg, Receiver of the State Bank of Madoc, a corporation, Defendants.
Source: newspapers

Newspaper Articles (1)

1. August 14, 1924 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, August 14, 1924

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Article Text

# NOTICE OF SHERIFF'S SALE In the District Court of the Twentieth Judicial District for the State of Montana, in and for the County of Roosevelt. O. C. Strickler, Plaintiff vs Edgar L. Mitchell, Clara M. Mitchell, his wife, State Bank of Madoc, a corporation, and John L. Gregg, Receiver of the State Bank of Madoc, a corporation, Defendants. TO BE SOLD AT SHERIFF'S SALE, at the front door of the Court House, in Wolf Point, Roosevelt County, Montana, on the 6th day of September, A.D. 1924, at two o'clock P. M., to the highest bidder for cash, the following described real property, situated in said Roosevelt County, Montana, to-wit: