Farmers & Merchants State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 10, 1930
Location: Saco, Montana (48.457, -107.343)

Metadata

Model: gpt-5-mini
Short Digest: b3734366

Response Measures

None

Description

OCRed article indicates a receiver (Barnes) and a liquidating officer for Farmers & Merchants State Bank of Saco; sheriff's sale dated Jan 10, 1931 and document dated Dec 10, 1930. I corrected OCR errors in the bank wording ('Farmand Merchants' -> 'Farmers & Merchants') and identified 'Receiver Barnes' / 'Liquidating Officer' as evidence the bank was in receivership and being liquidated (permanent closure). No explicit run or suspension language appears in the text, but assignment of a receiver and liquidation imply closure. Classified as suspension_closure because the bank is permanently closed with a receiver assigned.

Events (2)

1. December 10, 1930 Receivership

Newspaper Excerpt: Barnes Brothers, Receiver ... Liquidating Officer Banks Farmand Merchants State Bank of Saco, a corporation, sold at Sheriff's ... Dated this 10th day December, 1930. CAMPBELL Sheriff
Source: newspapers

2. January 10, 1931 Other

Newspaper Excerpt: sold at Sheriff's the House 10th January, 1931 ... property ... (Dec. 11-Jan. 1).
Source: newspapers

Newspaper Articles (1)

1. January 1, 1931 Phillips County News Malta, MT

Article from Phillips County News, January 1, 1931

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Article Text

SHERIFF'S SALE Jennie Galland, Bessie Cohen, Rose Cohen, and Family Welfare Association, a corporation, Plaintiffs, Otto Johnson, also known as Otto Johnson, Maud Johnson, his wife; Barnes Brothers, Receiver Barnes In and Merchants Saco, and RobertLiquidating Officer Banks Farmand Merchants State Bank of Saco, a corporation, sold at Sheriff's Defendants. the the House 10th January, 1931, M., the property: Seption Eighteen Township North Range three East the Principal Meridian, together the and appurtenances Dated this 10th day December, 1930. CAMPBELL Sheriff James for plainGlasgow, Montana. (Dec. 11-Jan. 1). NOTICE In the District of the SevenJudicial State of Montana, in and for the County In of the Estate of Stoerk S. Bratager, Deceased. that D. Borton, has filed in his for probate the will Johan also as deceased, as the Borton the will and the has fixed January 1931 house the place hearing the time interested appear and object except to the any (Court PORTER Clerk said court.