11473. American Bank & Trust Company (Missoula, MT)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
trust company
Start Date
January 25, 1924
Location
Missoula, Montana (46.872, -113.994)

Metadata

Model
gpt-5-mini
Short Digest
abe3e03b

Response Measures

Borrowed from banks or large institutions, Full suspension

Description

Newspapers report the American Bank & Trust Co. suspended/closed January 25, 1924 after a run/withdrawals. Subsequent articles describe receivership, litigation, and liquidation; the bank did not reopen. OCR errors in articles corrected for dates and names (e.g., Jan. 25, 1924). Cause appears to be bank-specific adverse information and questionable records/management raised in prosecutions of the president.

Events (4)

1. January 25, 1924 Run
Cause
Bank Specific Adverse Info
Cause Details
Depositors withdrew after adverse information about the bank's condition and questionable records/transactions involving the president; prosecutors later pursued the president and records were said destroyed.
Newspaper Excerpt
closing Friday of the American Bank and Trust company here.
Source
newspapers
2. January 25, 1924 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended payment and closed its doors (suspension of operations) following the run and concern about its solvency and bond/records issues.
Newspaper Excerpt
The bank suspended January 25, 1924.
Source
newspapers
3. March 1, 1924* Receivership
Newspaper Excerpt
Geo. K. Dick was duly appointed receiver ... and acted as such receiver (March 1924).
Source
newspapers
4. February 8, 1926 Other
Newspaper Excerpt
Supreme court upheld decision that sureties on county bond were not liable; litigation arising from the bank's closing continued for years.
Source
newspapers

Newspaper Articles (19)

Article from The Producers News, February 1, 1924

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THREE MORE BANKS CLOSE IN MONTANA OTHER WESTERN MONTANA INSTITUTIONS REPORTED IN STATE OF SUSPENDED ANIMATION. Missoula, Jan. 30.-Several other banks in western Montana were closed Saturday fallowing the closing Friday of the American Bank and Trust company here. The institutions affected were the Farmers' and Merchants' bank at -Plaine, the Thompson State Bank at Thompson Falls and the First National Bank at Ronan. John Dahlgren. president of the bank that closed here, is president also of two of the banks that failed to open their doors Saturday. Mr. Dahlgren says, however, that there is no connection between the smaller banks and the American Bank and Trust company. All of the banks that closed Saturday, excepting two, are state institutions.


Article from The Missoula Sentinel, March 11, 1925

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FOR Testimony Is in and Instructions Are Being Argued This Afternoon. Counsel for the state and the defense "locked horns" this morning, in the second action against John Dahlgren, former president the American Bank Trust company, during the of Mr. Dahlgren. The session also was enlivened in addition by several between Mr. Dahigren and W. of Great Falls. associate counsel for the state and who was the Finally Judge L. Duncan, before whom the case being tried, had to admonish Mr Dahlgren to confine himself to questions, and not interrogating Mr. Freeman. Mr. Dahlgren took the witness stand when court opened morning, and the cross-examination was opened. The ground covered was extended to number of loans, which the defendant insisted upon explaining even though his attorney objected to the questions. He also replied to alleged criticisms. Claims Run Closed Bank. The state then went into the matters the closing of the bank, which Mr. Dahigren asserted was occasioned by on the institution. Mr. Dahlgren became angry he was explaining the arrangements for obtaining cash from the Western Montana National bank and the transactions. An argument between him and the counsel precipitated, and did not end except upon admonition of the judge. Under examination, Mr. Dahigren told Mr. Parsons that he had no reports concerning the transactions whereby currency secured. He said that records had been kept, but that they had been destroyed. Counsel for the state arose quickly object the latter part of the statement of the witness. Mr. Parsons countered with demand for the records of the transaction. He alleged that the records had been in the possession the receiver and the state since the closing of the bank, and that now demanded that the records he wanted should be pro- Argue Over Records. Mr. Freeman pointed out that such demand was his mind ridiculous since in the first action Mr. Dahlgren had testified that the records were destroyed. Accordingly the gument which was indulged in with considerable was settled by it being considered that the records no longer existed, as had been testified. Mr. Freeman then attempted to show that the records of the transactions were on the books now evibut Mr. Dahlgren staunchly maintained that they were not. The records, he said, came from the Western Montana National bank, in the form of adding machine rolls and that he supposed they were kept. The state then called S. Fredericks, former director of the bank for the purpose "rebutting the of E. Mulroney." He verified Mr. Mulroney's description of counting the eash, and the incident upon which they found cashier's check. This was explained. Mr. Fredericks claimed, as representing money that was in transit from Helena. No Action of Record. The state then went into certain loans that had been brought out in the trial, and Mr. Fredericks told of the criticisms some of the directors had made. He admitted under cross-examination that the board had taken no action of record regarding the matters. The second strenuous argument of the morning occurred after Mr. Fredericks had given his testimony. Mr. Parsons moved that the testimony be stricken out. The court sustained the motion. The state's counsel then presented forceful argument against the ruling of the court. Mr. Parsons met the attack promptly. The court revoked the first ruling. and admitted (Continued on Page Two.)


Article from The Missoula Sentinel, April 24, 1925

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COUNTY'S CASE AGAINST AMERICAN BANK ON TRIAL Judge Self Hears Suit to Recover Money on Deposit. Further trial of the case ex rel., R. R. Wilbur as county treasurer of Missoula county against the Bank and Trust was held before Judge J. M. Self of Hamilton in court room No. 1, Judge Duncan's department of the district court. Judge Self was called in to try the case by Judge Duncan. The action is to recover money on deposit to the credit of the county at the time the bank suspended operations in January, 1924. The mooted question is in regard to the legality of the bond given by the bank to the county surety as a depository for county funds. Testimony was offered on this point at the session today Those who offered evidence were J. J. Flynn. E. C. Mulroney. R. W. Angevine, Fred Watson, R. R. Wilbur and H. H. Parsons. Testimony of the county commissioners was that although at one time the bond of the bank cancelled. it was later approved and so was in force and effect when the bank closed.


Article from The Montana Record-Herald, February 8, 1926

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FUNDS LOSES COUNTY MISSOULA IN OPINION BANK FAILURE the bond contract and assent both parties supreme at the same time this morncourt explains opinion ourt for ing affirming the declaring that Missoula county bond given the American Bank Trust company of Missoula to secure county deposits notp roperty approved by the board of county commissioners and never became binding obligation. Return of the bond to the bank on July 21 amounted rejection, and after its sureties had been not within the power of the board to approve It and bind the sureties. the court explains. When the bank closed, the county of Missoula had on deposit possessed surety bond of the Maryland Casualty company for $20,000 Prior to July 21. 1923, th county also held bond of the bank and Gibson. G. F. Peterson. R Dragstedt and LaCasse for $100,000. On that date, finding that the county's deposits were less than the amount of the surety company bond. the county commissioners ordered the bank's bond returned. About the first of August, the county's brief relates, the banek's bond deturned to the commissioners the cancellation erased. Sometime prior to November 28. Har. H. Parsons appeared in behalf the bank and asked reinstatement of the bank's bond This was done by the commissioners On November 15 the surety bond expired During the tax collections. the deposits in the American bank increased to as high as For time treasurer held public warrants belonging to the bank as security but these were returned when the deposits dropped below $5,000. The bank suspended January 25. 1924. Answering the suit of the county to recover on the bank's bond. the sureties declared that the action of the commissioners on July 21, 1922 operatto cancel the bond and terminate their liability and that the redelivery of the bond to the commissioners without their knowledge and consent and its reinstatement therefore void. The district court found generally for the sureties and the county appaled.


Article from The Missoula Sentinel, February 8, 1926

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COUNTY LOSES IN BANK CASE trict Court Decision on Sureties. Helena, Feb. Montana supreme court today upheld the decision of the district court in Missoula county in the case of the State ex rel Harry Urton, treasurer of Missoula county against the American Bank Trust company Missoula and others. This is a suit arising out of difficounty Cover posits in the American Bank & Trust company. When the bank closed on January 25, 1924. the county had on deposit $42,132.55. It possessed surety bond of the Casualty company for $20,000. Prior to July 1928 the county also bond of the bank Gibson. Peter son R. Dragstedt and T. LaCasse $100,000. On that date, finding that the coundeposits were less than the amount of the surety bond. the county ordered that the bank's bond be returned About the first of August, the county's brief related, the bank's bond was to the county with the cancellation Some time prior to November 28, Harry H. appeared in behalf of the bank and asked reinstatement of the bank's bond. This was done by the commissioners. On November 15 the surety company's bond expired. During the November tax collections, the deposits in the American bank in. creased to high $70,000. For time the treasurer held public warrants belonging to the bank as security, but these returned when the deposits dropped below $50,000. The bank suspended business January 35. 1924. Answering the suit of the county to recover on the bank's bond. the sureties declared that the action of the commissioners on July 21, 1922, operated to cancel the bond and terminate their liability and that redelivery of the bond the commissioners was without their knowledge and consent and its therefore void. The district court found generally for the sureties and the county appealed.


Article from The Anaconda Standard, February 9, 1926

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NEWS OF INTEREST FROM VARIOUS POINTS IN MONTANA LEASES District Toole County Is Upheld in Supreme Court Ruling. the Associated Press Feb. types leases common in the Kevin oil field are discussed by the Montana supreme court in an opinion handed down morning of John Daniel the Oil appeal discompany trict court Toole These designated and types. Under the "unless" lease the agreement upon the failure drill Such the lease which had been given Daniel prior to his lease the HagerStevenson which pany insisted, clouded its title to the Day having failed to perform any work under the lease, the court holds that became forfeit under its own terms long before the lease was made the and no bar the the district court with shall deducted as the amount mission the property and interest thereon. This mortgage, the court was shown agreement McDaniel the company to part of the incumwhich the company agreed to raise. McDaniel sued in the district court Toole county, asking alleged be due $3,389.67 alleged to be due under written the company agreed to pay in. cumbrances on certain land in change two oil and $1,250 under contract with the The company admitting balance $383 due reservoir claim. asking reform contract for oil and gas leases, asserting amount of the indebtedand declares McDaniel was unable to convey gas and lease on the property. The district court McDaniel judgment for all he except the claim. The oil company appealed. bond is contract and requires assent both parties to the same thing at the time, supreme court an opinion this afternoon affirming the district court for Missoula county declaring that bond given by the American Bank and Trust of Missoula secure county deposits was not properly proved the board county missioners never bind. obligation. Return of the bond Lo bank on and after its sureties had rejection, within the of the to bind the sureties, the court explains When the bank closed. the county Missoula had deposit surety bond of the Maryland Casualty company $20,000. Prior July 1923, the also held bond of county Gibson, Peterson, Dragstedt and LaCasse for $100,000. On that date, finding that the county's deposits were than amount surety company bond county ordered returned. first August, the brief the bank's was erased. Sometime to the behalf asked bond. This was done the surety expired. the deposits the American bank time held public warrants belonging the bank security, but these returned when deposits dropped below bank suspended Jan. Answering suit county bank bond, the sureties declared the cancel the bond their liability and that the redelivery the bond the commissioners without their knowledge its statement therefore void. The district court found generally the sureties the county appealed. Harry Broadwater may have trial before district court Blaine county where is charged with cattle theft. The supreme court declined upset the district court granting Broadfor new from which the state had appealed.


Article from Great Falls Tribune, February 11, 1926

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BANK BONDSMEN ONCE REJECTED AREN'T LIABLE Supreme Court Sustains Missoula Decision in American Bank Sureties Case Tribune's Helena Bureau. Helena, Feb. -Sureties upon personal bond given to the county treasurer of Missoula county to secure deposits of county funds in the American Bank & Trust company of Missoula, are not liable upon that bond for the reason that the bond had once been rejected by the county commissioners and the sureties thereon had been 80 informed. So holds the supreme court in affirming the judgment of the district court of Missoula county in favor of the defendants in a suit brought by Missoula county against the bank, its receiver, officers and sureties upon the bond. The bank had been properly designated by the county commissioners a county depository and the county carried deposits there protected by surety bond. On March 24, 1923, the bank furnished an additional bond signed by A. J. Gibson, G. F. Peterson, C. R. Dragstedt and J. T. LaCasse sureties. When the bond was filed with the county treasurer it bore an indorsement that it had been examined and by the commissioners on April 1923. At a meeting of the commissioners on July 21, 1823. the board ordered the of the personal bonds furnished by all banks acting as depositaries of Missoula county as the deposits were fully covered by surety bonds. Accordingly the bond in question was cancelled and returned to the bank. which thereupon advised each of the sureties of the fact and of his release. Later. however. the bond was returned by the bank to the county treasurer, and minute entries show that on November 28. 1923. the commissioners again ap and accepted the personal bond and ordered the entry of July 21. 1923, corrected to conform thereto. This action was brought to the at tention of C. R. Dragstedt by letter from the commissioners on December 12. but it was not until January 22. 1924. that formal notice of the action was served upon each of the sureties. Three days later the bank was closed and in time suit was instituted to recover upon the bond. The was tried and resulted in judgment for the defendants from which the county ap pealed to the supreme court The supreme court, in affirming the judgment. holds that the return of the bond on July 21. 1923. amounted to rejection. and after the sureties had been informed thereof it was not with in the power of the board on November 28 to approve it and bind the sure ties; that bond is contract and requires the assent of both parties to the same thing at the same time. Two trans- Alpine flights will form the principal features of the 1926 in ternational aviation meet. which it has been decided to hold next August near Zurich. Switzerland.


Article from The Daily Missoulian, February 16, 1926

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DIVIDEND CHECKS WILL NOT BE READY FOR WEEK Receiver Asks Applicants to Wait for Announcement. Checks in payment of the second dividend for depositors in the Amerlean Bank and Trust company will not be ready for at least week. it was said yesterday by George K. Dick. receiver The of per cent was ordered paid by Judge Theodore Lentz of rtment No. of the district court last week. Mr. Dick said that he had received number of applications and which took his time and that of his assistants to the extent that they had little opportunity to work on registering and preparing the 2,000 checks which are to go out to the depositors. He states that announcement will be made when the checks are ready for distribution. which will not be until next week. Until announcement is made, the people who have checks coming will facilitate in their preparation by staying away from the offices of the reeciver. When the time comes for the distribution of checks, the depositors must present their receivers' certificates in order obtain them. It is estimated that approximately $50,000 will be distributed at this time. The first dividend paid by the closed bank's receiver amounted to per cent, with the checks to be paid out next week. the depositors will have received 11 per cent.


Article from The Saco Independent, February 24, 1926

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PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Rejected Them, Supreme Court Holds; Divorced Husband Appeals Alimony Decree MONTANA PLANS Barclay Craighead, chief the division industry and licity the ture. make the Montana year book dif ferent its than editions real estate deputy in Mr. Craighead's office. The year book will soon be ready for the press, Mr. Casey said. variety the sources Montana will touch phases which are the state's possibilities and opportun- Another annual publication to be issued the department the and report. the department agriculture United States bureau crop statistics, Jay G. Diamond the Montana chief. Sureties bond the county treasurer Missoula secure deposits county funds American Bank Trust soula, are not liable upon that bond for the that the bond had once rejected by the county commissioners thereon had been informed. holds the court affirming county favor of the defendants in suit brought by county against the its receiver, officers and sureties upon the bond. Transcript on appeal the Roosevelt divorce George Wandel against Effie Wandel has been filed in the supreme had charged complaint that deserted fendant the complaint the charge of desertion, alleged that Wandel had been guilty cruelty and that be granted the divorce the trial in the district court the jury found the defendant and decree granting divorce and ordering Wandel her full alimony and rights Oct. 1925. From this decree Wandel appealed to the supreme court. In response the application of Raymond Logan for tive Gov. Erickson has granted subject the approval the state board pardous. Logan was convicted in the district court county grand larceny for the theft steer, from years prison. delivered the prison August 1924. letter commutation the governor states that upon which Logan convicted was largely and he appears have been brought into the through associations. Commutation sentence recommended by Comer, the presiding judge, and County Attorney John Nyquist, supported by petitions signed scores Daniels counresidents. The governor recommends of sentence from four eight years under which he would eligible for parole next August. Hearing the recommendation be held Suit has been instituted in the district court Lewis and Clark county against Malta Light and Power Malta, by the Helena Adjustment company


Article from The Valley Tribune, February 25, 1926

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PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Rejected Them, Supreme Court Holds; Divorced Husband Appeals Alimony Decree MONTANA PLANS (From Barclay Craighead, chief of the industry and publicity in the state department ture, make the Montana year book dif. ferent in its scope than editions the Casey, real estate deputy in Mr. Craighead's The year book will soon be ready for the press, Mr. Casey said. will variety information the sources Montana and will touch phases which the state's possibilities and opportunAnother annual publication to be issued the department the report, agriculture and the United States crop statistics, which Jay G. Diamond is the Montana chief. judgment for $500 for legal serto performed the Helena law firm of Spaulding Connell, claim been assigned by Malta been before the Montana railroad and public William the World Haddock, of Helena, veteran member the AmerLegion, been missioner Bowman of the state partment the state custodian take left vacant by the death Kay, Jr., about months Sureties upon personal bond given the county treasurer Missoula county secure deposits funds in American Bank Trust Misare not liable upon that bond for the reason that the bond had once been rejected by the county the sureties thereon had been informed. holds the affirming judgment of the district court of Missoula county favor of the defendants suit brought by county against the bank receiver, officers and sureties upon the bond.


Article from Sweet Grass-Sunburst Sun, February 25, 1926

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PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Rejected Them, Supreme Court Holds; Divorced Husband Appeals Alimony Decree MONTANA PLANS (From Our Helena Correspondent.) plan Barclay Craighead, industry licity in the state department ture. the Montana year book dif. ferent in scope than previous editions the Casey, estate deputy in Mr. Craighead's office. The year book will soon be ready for the press, Casey said. will contain variety of information concerning the sources and will touch phases are connection the state's possibilities and opportunities. Another annual publication to be issued the department the farm livestock compiled agriculture the United States crop statistics, which Jay G. Diamond is the Montana chief. Sureties upon bond given the county treasurer of Missoula county secure deposits county funds American Bank Trust empany Misliable that bond the that the bond had once been rejected by the and sureties thereon had been informed. holds the supreme court in affirming the judgment court of Miscounty the brought by county against the bank, receiver, officers sureties upon the bond. Transcript on the Roosevelt county action Wandel against Effie has been filed supreme court. Wandel had charged complaint that he deserted by fendant 1921. answer the Mrs. Wandel nied the charge of desertion. alleged that Wandel been guilty cruelty asked that she be granted the divorce common property. the jury found defendant and decree entered granting divorce and ordering Wandel her settlement alimony and rights in From this decree Wandel appealed to the supreme court. In response the application of Raymond Logan of Daniels county for executive Gov. E. Erickson granted approval of the state Logan convicted in the district court Daniels county grand larceny for the theft steer, and was sentenced from years prison. delivered the 1924. letter commutation governor states that evidence upon which Logan victed was largely circumstantial that appears to have been brought into through associations. sentence recommended Comer, the presiding judge, County Attorney John Nyquist, supported petitions signed scores of Daniels counresidents. The governor diminution from four eight years under which eligible parole next August. Hearing the recommendation held March Suit has been instituted in the district Lewis and Clark county against Malta Light and Power Malta, by the Helena Adjustment company


Article from The Bridger Times, February 25, 1926

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MONTANA PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Them, Supreme Court Holds; Divorced Husband Appeals Alimony Decree (From Our Helena and licity make the Montana year in its scope than editions estate deputy Mr. Craighead's The book will be ready for the Mr. Casey variety sources Montana and will touch phases with the state's possibilities and opportunAnother to be issued by the the farm department agriculture statistics, which Jay G. is the Montana chief. Sureties upon bond given the county treasurer of Missoula county secure deposits funds American Bank Trust Missoula, are not liable upon bond the that the had once rejected by the county had been informed. the affirming the judgment the court of county the suit brought by Missoula county against bank. its receiver, officers and sureties the bond. Transcript the Roosevelt divorce George Wandel against Effle has had charged complaint that he was fendant answer to the Mrs. Wandel nied the of desertion, alleged that Wandel guilty cruelty asked that be granted the divorce the trial the district court the jury found for the defendant and decree was entered divorce and ordering Wander pay her settlement in Oct. From this decree Wandel appealed to the In response the application of Ray Logan of Daniels county for tive Erickson granted subject to approval of the state the Daniels county of grand larceny for the theft steer, and to years in prison. was delivered the prison his letter the that upon which Logan victed was largely that he appears have been brought into the associations. recommended by was the presiding judge, and County Attorney John Nyquist, supported petitions signed scores of Daniels residents. The from four eligible under which parole the recommendation be March Suit has been in the district Lewis and Clark against the Malta Light and Power company, Malta, by the $500 for legal have Helena firm of Connell. the claim having been to the performed for the before railroad public William Haddock, Helena. veteran of the war and member the AmerLegion, has been missioner Bowman of the state partment agriculture, custodian the state grounds. He will take left John Kay, about two months ago.


Article from The Cascade Courier, February 26, 1926

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MONTANA PLANS PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Rejected Them, Supreme Court Holds: Divorced Husband Appeals Alimony Decree MONTANA PLANS (From Our Correspondent.) chief the division industry and publicity in the state department ture. make the Montana year book dif. ferent its than editions the Casey office. real estate deputy in Mr. Craighead's The year book will soon be ready for the Mr. Casey said. variety of information the sources Montana and touch phases which are in connection the state's possibilities and opportunAnother annual publication be Issued soon the department is the farm livestock compiled co-operatively the of and the United States which Jay G. Diamond is the Montana chief. Sureties upon bond given the county county secure deposits funds American Bank Trust empany Mis are not liable upon that bond for that had once rejected the and the thereon had been informed holds the supreme court affirming the judgment court of Miscounty the brought against the bank its receiver, officers and sureties upon bond.


Article from The Froid Tribune, February 26, 1926

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MONTANA PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Rejected Them, Supreme Court Holds; Divorced Husband Appeals Alimony Decree MONTANA PLANS (From Our Helena plan Barclay Craighead, industry licity in the state department ture. make the Montana year different in its scope than previous editions the Casey, real estate deputy in Craighead's The year book will soon be ready for the press, Casey said. will contain variety information concerning the sources Montana and will touch phases which are with the state's possibilities and opportunAnother annual publication to be issued soon by the department is the farm report. the department agriculture and the United States statistics, which Jay G. Diamond is the Montana chief. Sureties upon bond given the county treasurer of Missoula county deposits county funds American Bank Trust empany Mis are not liable bond for the that the bond had rejected by the county and thereon had been informed. holds the supreme, court affirming the judgment the court of Miscounty favor the defendants in brought by county against the bank. its receiver, officers sureties upon the bond. Transcript on appeal the Roosevelt county Wandel against Effie has been filed supreme court. Wandel had charged complaint that he was deserted fendant Poplar, Dec. 1921. the Mrs. Wandel the of desertion, alleged that Wandel been guilty cruelty asked that she be granted the divorce share the common property. At trial the the jury found the was entered granting divorce and ordering Wandel her full settlement and rights $500 in commencing 1925. From this decree Wandel appealed to the supreme court. In response to the application of RayLogan of Daniels county for tive clemency, Gov. E. Erickson has granted subject to the approval of the state county grand larceny for the theft and from in prison. was delivered the prison years August 18, 1924. In his letter that the evidence which Logan was convicted was largely and that he appears to have been brought into the through associations. Commutation sentence recommended Comer, presiding judge, and County Attorney John Nyquist, supported by petitions signed Daniels counresidents. governor recommends diminution of sentence to from four eight years under which eligible for parole next August. Hearing the recommendation will be Suit has been instituted in the district Clark against Light Power Malta, by the Helena Adjustment company


Article from Hardin Herald, February 26, 1926

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MONTANA PLANS PUBLICITY PUBLICATION WILL HAVE DIFFERENT SCOPE THAN OTHERS Sureties on Bank Bond Not Liable After County Once Rejected Them, Supreme Court Holds; Divorced Husband Appeals Alimony Decree MONTANA PLANS (From Helena Correspondent.) plan of Barclay chief the division of industry and licity state department agriculmake the Montana year dif ferent in its than the real estate deputy Mr. Craighead's The year book will be for the press, Mr. Casey said. contain variety information the sources Montana and touch are connection ities the state's possibilities and opportunAnother annual publication to be issued soon by the the farm United States crop chief. which Jay Diamond the statistics, Montana Sureties upon bond given the of Missoula county secure deposits county funds American Bank Trust empany Mis liable that bond the that the bond had once been rejected the county the sureties thereon had been holds the supreme court affirming the judgment court of county brought the defendants by against the bank its receiver, officers county and sureties upon bond. Transcript on appeal the Roosevelt county George Wandel against Effie has been filed in supreme had charged complaint that fendant Dec. answer the Mrs Wandel nied Wandel the charge of desertion, alleged that been asked that she granted guilty the cruelty divorce share the common property the trial the district court the for the defendant and decree was jury found granting divorce ordering Wandel her full alimony rights $500 of 1925. the From this decree Wandel appealed Oct. to supreme court. In response the application of Ray Logan Daniels for tive clemency, Gov E. Erickson granted subject to the Logan approval the pardons. the theft county larceny for court the steer, and was 10 years in prison was delivered the prison 1924. In his letter states that the evidence which upon Logan victed was largely and that appears to have been brought into case associations. sentence Attorney was the presiding judge County Comer, John supported petitions signed by scores of Daniels counThe governor of from four eligible eight years under which for parole next August. Hearing the recommendation will be held Suit has been instituted in the district court Lewis and Clark county against Malta Light and Power company, Malta. by the Helena Adjustment company secure judgment for $500 for legal seralleged have been the Helena firm of Spaulding Meclaim been by them to plaintiff. have Malta performed before in appearing for railroad and public service commission William World Haddock, of Helena. veteran war the ican Legion, been appointed Amermissioner Bowman the state department agriculture, custodian position grounds. He will take the vacant the death John Kay, Jr., about two months ago


Article from The Missoula Sentinel, May 20, 1926

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LACASSE FACES SECOND ACTION Suit Filed for Collection of Judgment Held by Bank Receiver. Suit for the collection of a judgment held by George K. Dick, receiver of the American Bank & Trust company, against J. T. Lacasse, formerly stockholder of the institution, was filed in the district court this morning by T. N. Marlowe, attorney for the receiver. The defendants are Mr. Lacasse, E. Lacasse and the Commercial Placer company. The complaint alleges that certain property transfers were made for the purpose of hindering, delaying and defrauding the creditors of the bank and the receiver, and to prevent the receiver from collecting the judgment against Mr. Lacasse. The complaint sets forth that on March 16, 1926, the receiver obtained a judgment against Mr. Lacasse in the sum of $4,208 for his statutory liability as stockholder of the bank. It also is claimed that on or about March 14, 1924. following the closing of the bank, he transferred his property, and that about the same time the Commercial Placer company was incorporated. It alleged that no consideration was paid for the transfer of the property to Mrs. Lacasse and that the


Article from The Daily Missoulian, August 18, 1927

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BANK RECEIVER IS AWARDED DECISION Judge Self Holds County Is Not Entitled to Full Deposit Payment. titled receive full payment of her deposits to from the now insolvent American Bank Trust company any more than other creditors of the bank, was the cision which has been made by Judge James R. of Hamilton in his findings in the of Missoula county Harry against George Dick as receiver and Jay G. Larson as his Attorneys in the which was first tried before Judge Helf here in the spring of this year were Dwight Mason and Walter Pope for the plaintiff and and John E. Patterson for the receiver, Judge Self holds that the general deposits of the county shall be treatthe same any other creditor's deposits. Judge Helf in his finding declares that money deposited by the county In the American Bank & Trust company, which the plaintiffs the action to have declared trust fund, were and are general deposits and do not trust and that the plaintiffs are entitled to preference also "that the defendent is entitled to on the merits of the case, dismissing said action together with the costs


Article from The Flathead Courier, October 4, 1928

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ALIAS SUMMONS In Judicial the District Court of the Fourth District of the State Montana, Lake in and for the County of Lochrie, Superintendent of Banks of State of Montana, and ex-officio liquidating officer of the American Bank & Trust Company of Missoula, a corporation, Plaintiff, Jesse R. Winn and Rachel Winn, his wife: Mission Valley First National Bank of Ronan, Montana, and James First Receiver of the National Bank of Ronan, corporation, The State of Montana Defendants. Sends Greetings the hereby Named Defendants: summoned to answer in action which filed in the of the Clerk of this Court copy of which herewith served upon you, to file your answer and serve copy thereof upon the plaintiff's attorney within twenty days after the service of this mons, exclusive of the day of and in case of your failure to appear judgment will taken against you default, the relief demanded in the The plaintiff for cause of action alleges that the American and Trust Company of Missoula is tana Banking corporation with its principal place of at Montana that on or about January 1924, said payment and closed its doors business and thereafter about February 1924, K Dick was duly receiver fied thereof, and thereafter qualias on March 1924, and that the acted as such receiver 1927, and that on the 30th day April, May of 1927, Chapter the provisions 89 Section Session Laws of lative Assembly of the Twentieth State Legistana in said court and cause, the of the Fourth Judicial District of County Montana, and for the Missoula, in which court County said of ceivership matter was pending an 2nd, order effective from and after of the American Bank and Trust Company Missoula the Superintana, tendent the Banks of the State of Monplaintiff and since the 2nd day May, the plaintiff as the duly appointed. qualified Banks and acting Superintendent the State Montana been in charge of the assets of said has bank managing and liquidating the affairs of said American Bank and Trust Missoula and thorized to bring the suit: about the 27th day May. 1919, the defendants Jesse Winn and Rachel Winn. his wife, good and valuable gave to the American Bank and Trust Company Missoula, their certain promissory note in the sum of due three years date interest rate eight per cent per annum, payable nually viding from date until paid and for attorney's fees case suit to recover and that said note the said Jesse R. Winn Rachel Winn, at the same time and place, to bank real gave certain property then located in soula County, Montana, but located described in Lake County, Montana, and as follows: The Southeast quarter of the Northwest quarter, and the half of the Southwest quarter of the Northwest quarter of Section Nine in Township North Range Twenty West of the Montana Meridian, containing sixty (60) -acres. copy which mortgage is attached the complaint on file in the office the Clerk court and to which is hereby made and the is hereby reto, made part hereof, and that said was recorded the office of the County Clerk and Recorder of Missoula County, Montana, and when Lake County, Montana, was created, same was recorded there. That the American Bank and Trust Company Missoula ever since the execution and delivery of said note and mortgage has been and now is owner holder of the same that said note is past due and that the same has not been paid nor any part thereof, and that the same and the whole thereof is now due, owing, and unpaid, together with thereon at rate eight per cent per num from the 27th day of May 1922, and that demand has been made for the thereof and has been refused by the makers of said note, wit: the said Jesse Winn and Rachel Winn, his wife, and that plaintiff desires that said mortgage be foreclosed and claims that he entitled fee, to-wit: the sum of for said mortgage, and that no suit at law or other proceedings has or had to recover upon said debt. That the defendants Mission Valley Development Company, First National Bank of Ronan and Swan as Receiver of the First National Bank of Ronan, claim to some right, title, in some part thereof. which claim the plaintiff denies but that the said defendants have any such right. title, or interest said property any part of the same, it inferior to and subsequent to the plaintiff's mortgage and that mortgage first mortgage and lien on said property and prior to the rights of any other defendants in said action Plaintiff prays for judgment against the defendants Jesse Winn and Rachel Winn, his wife, for the sum of $1,650.00 together with interest thereon the of eight per per from the 27th of 1922. until paid: for an fee of $250.00 and for his costs exalso of mortgage, and that the other defendants be required to set forth their terest in said property that their interest declared to the interest plaintiff: that the property described in the complaint and heresold by the Sheriff of Lake County: and after the Sheriff has issued certificate to the purchaser that the purchaser of said property at sheriff's sale be let into the immediate possession, and for all further relief. WITNESS My hand and the Seal of said Court this 19th day of September. 1928. (Seal) D. CUBBAGE Clerk. By Stella M. Upham, Deputy. Thomas N. Marlowe. Attorney for Plaintiff. Sept 20-Oct 11


Article from The Flathead Courier, October 11, 1928

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ALIAS SUMMONS In the District Court of the Fourth Judicial District the State Montana, in and for the County A. Lochrie, as Superintendent of Banks of the State of Montana, and ex-officio liquidating officer of the American Bank & Trust Company of Missoula, a corporation, Plaintiff, Jesse R. Winn and VS. Rachel Winn, his wife; Mission Valley First National Bank of Ronan, Montana, and James M. Swan as Receiver of the First corporation, National Bank of Ronan, a The State of Montana Sends Greetings the Above Named Defendants: swer hereby summoned to anthe which filed in the this of the action Clerk of with this served Court copy which is hereupon you, and to file answer and serve a copy thereof upon your the plaintiff's attorney within twenty days after the service this sumand in exclusive of the day of service; your failure to answer judgment will appear taken demanded against you by default, for the relief in the complaint plaintiff for cause of action alleges that the American Bank and Trust Company of Missoula Montana Banking corporation with its principal place of business at Missoula, Montana that or about January 25, 1924, said bank suspended payment and closed its doors to business and thereafter on about February Geo. K. Dick was duly appointed fied and thereafter qualias on March 1924, receiver said Geo. acted and as such that until the 1927 and that on the 30th day day April, May, in with the provisions Chapter 89 Section 140 thereof, Session Laws of the Twentieth Legislative Assembly of the State Montana in said court and cause, the Hon. Theodore Lentz. of the Fourth Montana, Judicial District of Missoula County, in and for the of Missoula, in which said court County said receivership matter was pending, made order effective from and after May 2nd, transferring the receivership of the American Bank and Trust Company Missoula the tendent of Banks of the State of Montana, the plaintiff herein, and that ever since the 2nd day of May, 1927, plaintiff as the duly appointed, qualified and acting Superintendent of Banks of the State Montana has been in charge of the assets of bank managing and liquidating the affairs of said American Bank and Trust of Missoula and authorized to bring above-entitled suit: that on or about the 27th day May 1919, defendants Jesse Winn and Rachel Winn, his wife, for good and valuable gave to the American Bank and Trust Company of Missoula, their certain promissory note in the sum of due three years after date with interest thereon at the rate eight per cent annum, payable nually date until paid and providing for fees case suit to recover thereon, and that to secure said note the said Jesse R. Winn Rachel Winn, wife, at time and place, gave to said bank real estate mortgage covering certain property then located in Missoula County, Montana, but described cated in Lake follows: County, Montana, and as The Southeast quarter of the Northwest quarter, and the East half of the Southwest quarter the Northwest quarter Section Nine (9), in Township Twenty (20) North of Range Twenty (20) West of the Montana Meridian, containing sixty (60) acres copy of which mortgage is attached the complaint on file in the office the Clerk the court and to which reference is hereby made and the same is hereby remade part hereof, and that said was recorded in the office of the Clerk and Recorder Missoula County, Montana, and when Lake County, Montana, was created. the same was recorded there. That American Bank and Trust Company Missoula ever since the execution and delivery said note and mortgage has been and now is the owner holder of the same; that said note is long past due and that the same has not been paid nor any part thereof, and that the same and whole thereof is now due, owing, and unpaid, with thereon the rate of eight per cent per from the day of May, 1922, and that demand been made for the payment thereof and has been refused by the makers said note, wit the said Jesse Winn and Rachel Winn, his wife, and that plaintiff desires that said be foreclosed and claims that he entitled to reasonable to-wit: the of $250.00 for foreclosing said mortgage, and that no suit at law or other has been or had to recover upon said debt. That the defendants Mission Valley Company, First National Bank of M as Receiver of the First National Bank Ronan, to some right, title. interest in said land or some part thereof. which claim the plaintiff denies but that the said defendants any such right, title. or interest in said property any part of the inferior to and the plaintiff's and that plaintiff's mortgage is first mortgage and first lien on said property prior to the rights of any other defendants in said action Plaintiff prays for judgment against the Jesse Winn and Rachel Winn, his wife, for the sum of 650.00 together with interest thereon the rate of eight per cent per num from the 27th day May 1922, until paid: for an attorney's fee $250.00 and for his costs herein expended, for foreclosure and that the other defendants be required to set forth their interest in said and that their interest be declared inferior the interest of plaintiff that the property described in the complaint and hereinabove described, be sold by the SherIff Lake County and after the Sheriff has issued certificate to the purchaser that the purchaser said property at sheriff's sale be let into the immediate and for all further My hand and the Seal of said Court this 19th day of Septem1928. (Seal) By Stella M. Deputy. Thomas Marlowe, Attorney for Plaintiff. Sept 20-Oct 11