11483. First National Bank (Opheim, MT)

View Charter #11097 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
11097
Charter Number
11097
Start Date
May 1, 1921*
Location
Opheim, Montana (48.857, -106.407)

Metadata

Model
gpt-5-mini
Short Digest
f4face46

Response Measures

None

Description

Newspaper items show the First National Bank of Opheim was closed by about May 1921 (article in 1923 says it had been closed for two years) and a receiver (F. M. Vokal) is mentioned in May 1922 and again in a 1927 sheriff's sale. No article describes a depositor run; the bank was closed and placed in receivership, i.e., suspension followed by permanent closure/receivership. Dates for suspension/closure are inferred from articles (closure ~1921).

Events (5)
1. November 16, 1917 Chartered
Source
historical_nic
2. February 15, 1921 Voluntary Liquidation
Source
historical_nic
3. May 1, 1921* Suspension
Cause Details
Article (1923-05-25) states the bank had been closed for two years but gives no specific cause for the suspension.
Newspaper Excerpt
Institution Suspended Two Years Ago.
Source
newspapers
4. May 12, 1922 Receivership
Newspaper Excerpt
F. M. Vokal, receiver of the First National Bank at Opheim, was a business visitor in Glasgow on Saturday.
Source
newspapers
5. October 28, 1927 Other
Newspaper Excerpt
If any; The First National Bank of Opheim, corporation; Opheim, receiver the First National Bank of Opheim, corporation; ... To be sold at Sheriff's Sale ... (1927 sheriff's sale listing the bank/receiver as defendant).
Source
newspapers

Newspaper Articles (3)
1. May 12, 1922 The Glasgow Courier Glasgow, MT
Article from The Glasgow Courier, May 12, 1922

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Article Text

J. F. Briden was a Minot visitor in Glasgow on Sunday. J. R. Smith was a Nashua visitor in Glasgow on Saturday. Mrs. P. F. Mielke of Lismas, was shopping in the city Friday. T. L. De Cellas was a Glasgow visitor from Havre on Saturday. Miss Florence Macy, of Malta, arrived in Glasgow Wednesday. A. Benson of Minot, was transacting business in this city on Monday. Mr. and Mrs. Frank Carmen motored in from Haxby on Sunday. G. C. Matchett of Baylor, came in Wednesday for a load of supplies. H. H. Beebe was in from Opheim Wednesday on matters of business. V. R. Hall, an attorney at Opheim, spent Saturday in Glasgow on matters of business. Paul Conley and wife and children came in from their ranch about 40 miles south of Glasgow on Monday. Mrs. George Barvley, of Glentana, was in Glasgow Saturday shopping and having some dental work done. F. M. Vokal, receiver of the First National Bank at Opheim, was a business visitor in Glasgow on Saturday. R. H. Carr, who resides at Oswego, entered the Deaconess hospital the first of the week and is being treated for a form of heart trouble. Monday, the 15th, is Hospital Day. Miss Mary Reid returned to Glasgow Wednesday, after spending a few days at her home near Tampico. C. H. McGihon of the Farmers State Bank of Coburg, was a business visitor in Glasgow Monday and Tuesday. Carol Lebert left Tuesday evening for Missoula, where he will represent Glasgow high school at the state track meet. S. C. Collum, H. Bouthoamen and K. E. Ponder, Great Northern surveyors, were up from Wolf Point on Wednesday. Mr. and Mrs. N. A. Underwood motored up from Hinsdale last Sunday, spending the day with Mr. and Mrs. J. K. Mitchell. P. H. Peterson and daughter, of Saco, spent Saturday visiting Mrs. Peterson, who is a patient in the Deaconess hospital at this place. Guard your stomach. It is the foundation of health or disease. The world's most famous stomach medicine is Tanlac. Glasgow Drug Co. Large seed potatoes, $2.00 per 100. Medium sized seed potatoes, $1.25 per 100. Tom Przybylski, Tampico, Mont. 1tp Visit the Hospital, Monday the 15th. John Goodrich, a former Glasgow attorney, was in from his ranch on the Missouri river the first part of the week on matters of business. Mrs. P. J. Campbell and baby daughter returned the latter part of last week from Minot, where Mrs. Campbell has been spending the winter. Miss Nadine Snyder, the winner in the high school declamatory contest left Tuesday evening for Missoula, where she will take part in the state contest. Visit the Hospital, Monday the 15th. Mr. and Mrs. Jay Lytle and children moved out to the W. W. Mabee ranch the latter part of last week. Mr. Lytle will have charge of Mr. Mabee's ranch interests. Mr. and Mrs. Harvey Carmen left Sunday for their home at Haxby. Mrs. Carmen has been a patient at the Deaconess hospital, having undergone an operation recently. Frank Currie, formerly a rancher of the Lismas country, returned to Glasgow on Monday of this week for a visit with friends. He expects to return east again within a week or two. Mr. and Mrs. Fred Harrison, who were former residents of Nashua, and who have been in Glasgow for the past few weeks, on account of Mrs. Harrison's health, left for Baylor Saturday, where Mr. Harrison expects to open up a blacksmith shop. Miss Dena Jorgenson arrived in Glasgow Tuesday morning from Harlowton, where she is employed on.

2. May 25, 1923 The Producers News Plentywood, MT
Article from The Producers News, May 25, 1923

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Article Text

YEGGS DESERT PLAN TO ROB SAFE AFTER BANK FOUND CLOSED s Bandit Plot Comes to Naught At Opheim; Institution Suspended Two Years Ago. Glasgow, May 14.-Bank robbers some time early Saturday morning attempted to blow open the safe of the First National bank of Opheim, but on discovering that the bank had been closed for two years evidently decided that it would not be worth while. Telephone lines on both sides of town had been cut, entrance was gained through rear door, the windows were covered and a charge of explosives set off, which knocked the knob off the door of the safe. A pile of correspondence was disturbed and it

3. October 28, 1927 Glasgow Times Glasgow, MT
Article from Glasgow Times, October 28, 1927

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Article Text

NOTICE FOR PUBLICATION Department of the Interior, U. S. Land Office at Great Falls, Montana, October 10th, 1927. Notice is hereby given that Frank D. Lyons, of Eighth Point, Montana, who on April 19, 1923, made stockraising Act 12-29-16, Glasgow 059915, now No. 057904, for Sec. SE% Sec. and NE% Section 19, 24 N., Range 40, Meridian, has filed notice of tention to make proof under Act Dec. establish claim to the 29, 1916, to land above described, before Christophersen, Clerk of the District Montana, on the Court, at Glasgow, 28th day of November, 1927. names as witnesses: Claimant Ed Browning, of Glasgow, Montana; Frank Kincaid, of Glasgow, Montana; Floyd Greenfield, of Glasgow, Montana; Roy P. Smith, of Glasgow, Montana. M. D. NICHOLSON, Register. (O.21,28,N.4,11,18.) NOTICE o FSHERIFF'S SALE Agricultural Credit Corporation, corporation, Plaintiff, SHERIFF'S SALE In the District Court of the Seventeenth Judicial District of the State of Montana, in and for the County of Valley John T. Buckbee, Plaintiff, William W. Mabee and Harriett M. Mabee, his wife, Walter R. Johnson, Glasgow Drug Co., a corporation, Company, corporation, Defendants. To be sold at Sheriff's sale on the 10th day of November, 1927, at o'clock at door of the Court House in Glasgow, Valley County, Montana, to the highest bidder for cash, the following described real property situate in Valley County, Montana: Sec. 27; NE% NW Sec. 34, Twp. N. Range 39 E. 29 containing 160 acres, more or less, to the official plat of the survey of said land, together with all water and water rights, ditches and rights of way thereunto belonging or in anywise used in connection with said land, together with all the heredita ments and appurtenances thereunto belonging or in anywise appertaining. Dated this 15th day of October, 1927. BEN OLSON, Sheriff. CHARLES C. TAYLOR, Deputy. Loud & Leavitt, Miles City, Mont., Attorneys for Plaintiff. Subscribe for the Times! F. Myrtle Barnes, executrix of the estaee of Lyman Myrtle Barnes; and the Northern Farms Company, a corporation, Defendants, To be sold at Sheriff's Sale, at the front door of the county courthouse, the City of Glasgow, Valley County, Montana, on the 17th day of November, 1927, at two o'clock m. of said day, the following described property, to-wit: The Northeast quarter (NE%) of Section seven (7), the North half (N½) Section eight (8) and the Northwest quarter (NW 1/4) of Section nine (8), Township twentynine (29) North, Range thirty-five (35) East Montana Meridian, containing 640 acres, more or less; West half (W½) Section twentynine (29) Township thirty-two North, Range thirty-eight (38) East Montana Meridian, containing 320 acres, more or less; The East half (E½) Section twenty-eight (28) in Township twentyseven (27) North, Range forty(40) East M. M. containing 320 acres, more or less; The North half (N1/2) of the Southeast quarter and Lots one (1) and two (2), the South half of the Northeast quarter and the South half of the Southeast quarter Section two (2), Township thirty-three (33) North, Range Forty-two (42) East Montana Meridian, containing 319,49 acres, more or less, according to the U. Government survey thereof. Dated at Glasgow, Montana, this 22nd day of October, D. 1927. BEN OLSON, Sheriff. SHERIFF'S SALE NOTICE Mortgage Company, corInvestors poration, Plaintiff, Hjalmer Sagdahl; Mrs. Hjalmer Sagdahl, wife, If any; The First National Bank of Opheim, corporation; Opheim, receiver the First National Bank of Opheim, corporation; Lars Rasmussen and Mrs. Lars Rasmussen, his wife, if any, Defendants. To be sold at Sheriff's Sale on Thursday, the 17th day November, 1927, at o'clock m. at the front door of the Court House in the City of Glasgow, County of Valley, State Montana, to the highest bidder for cash in the folloing described lands and premises, situate, lying and being in Valley County, State of Montana, and bounded ad described as follows, towit: The south half of the northeast quarter southeast quarter (SE%) of section numbered three (3) and the west half of the northeast quarter (NE%) of section numbered ten (10), in township numbered thirtysix (36) North of range numbered (41) East Montana Principal Meridian, containing 320 acres, more or less, according to the United States Government Survey thereof, together with all and singular the tenements, hereditaments, appurtenances, easements, water rights, water ditches, and water easements and all other rights now or hereafter belonging to or in any wise appertaining thereto. Dated at Glasgow, Montana, this 25th da yof October, 1927. BEN OLSON, Sheriff. W. W. Mercer, Attorney at Law, 103 Wall Block, Roundup, Montana, Attorney for Plaintiff. How election practices differ! In Mexico they send voters to the graveyard. Up here the big city practice often is to go to the graveyards for them.-Marion Star.