11559. State Bank (Stockett, MT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
August 25, 1926
Location
Stockett, Montana (47.357, -111.165)

Metadata

Model
gpt-5-mini
Short Digest
0f4db442

Response Measures

None

Description

Newspaper articles (Aug 1926–May 1927) refer to H. G. Lescher as receiver of the State Bank of Stockett and actions by the receiver (default judgment, compensation, tax payment). No bank run is described; the bank is insolvent and in receivership, indicating suspension and permanent closure.

Events (1)

1. August 25, 1926 Receivership
Newspaper Excerpt
A default judgment for $512.16 was Tuesday granted H. G. Lescher, as receiver of the State Bank of Stockett.
Source
newspapers

Newspaper Articles (3)

Article from Great Falls Tribune, August 25, 1926

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Article Text

RIVER MYSTERY IS CLEARED WHEN O'NASH'S BODY FOUND Remains of Missing Gilman Rancher Found on Floweree Place; Last Seen June 18 When on Way to Swim in Stream Mystery that had since June 18 surcounded the disappearance of Carl O'Nash, young rancher of Augusta and Gilman, cleared up late Monday afternoon when his body was found in Sun river on the Flowerree ranch. six miles east the Lewis and Clark-Teton county line, it became known in Great Falls Tuesday. The body was discovered by a party of fishermen whose names were not learned here. That the body was that of O'Nash was established by the clothing and the name on hunting license found in one of the pockets. Decomposition had occurred to an extent that made identification impossible by any other means. The account of the discovery received here was that the body came to the surface within sight of three fishermen KIWANIS CLUB after having evidently been on the bot tom for OR long period. was taken in charge by Teton county authorities and removed to Choteau. IS VISITED BY Last Seen June 18 O'Nash was last seen alive on June 18, when he was walking from Gilman to the "big hole" in Sun river with the HIGH OFFICER intention of going swimming. On that occasion he met Mrs. Don Butler of Great Falls, whom he knew, and told her that he was going to take swim Fred C. W. Parker, Internationin the "big hole. Before starting he called at the Gilman postoffice and al Secretary and Wife, left some personal effects, saying then Stop in Great Falls what he repeated later to Mrs. Butler about his plan for swim. His failure to return was first noticed when he Officers and directors of the Great did not call for the things he left at Falls Kiwanis club and their wives the postoffice, and accumulating Tuesday noon in the Palm room at mail served to emphasize his absence. Hotel Fred W. Search for "Nash was begun by Parker of Chicago. international KiWalter Lange of Gilman, cousin, who wanis secretary. and Mrs. Parker, at was away at the time of "Nash's disluncheon. Mrs. Parker was presented appearance. Lange asked Lewis and with a basket of flowers. Clark county officials to assist him, but Mr. and Mrs. Parker are attending he dissatisfied with the effort made district Kiwanis conferences. having and later appealed to Sheriff Tom Norcome here from South Dakota. They ton here for help.- Sheriff Norton of left Tuesday afternoon for Kalispell, fered his services in a letter to Deputy where this noon there will be joint meeting of the Kalispell. Polson and Sheriff R. B. Wellman of Augusta, who Whitefish clubs. They will then pro- Tuesday told the sheriff he was ceed to Calgary, where next week satisfied the body was not in Sun river western Canada Kiwanis convention as he had made a thorough search and was able to see the bottom of the river Ralph Amerman of New Jersey, in- at all places. ternational president of Kiwanis. will Leased Roy Page Farm be in Great Falls next Monday afterA short time after Wellman had noon and evening on the way to the Calgary gathering. The Electric city given this information to Sheriff Norclub will have dinner in his honor ton it learned that O'Nash's body the program for which has not yet been had been found in the stream the day before. O'Nash was 27 years of age and had followed the ranching business near BANK RECEIVER Gilman and Augusta for the last six years. At the time of his death he GETS JUDGMENT was leasing the Roy Page farm. The cousin's search for O'Nash loDefault Order for $512 Granted H. G. cated the missing man's cap on the bank Lescher Against J. A. Niles and of the river at the point where he said Ben R. Comings he intended to swim and it is assumed that it was there. or near there, that A default judgment for $512.16 was the young man drowned. All indica Tuesday granted H. G. Lescher. as re- tions pointed the probability, it was ceiver of the State Bank of Stockett. stated, that O'Nash's death resulted plaintiff in naction against A. from an accident. It was not learned Niles and Ben R. Comings, by Dis- here whether he was a strong swimtrict Judge H. H. Ewing. mer.


Article from Great Falls Tribune, January 28, 1927

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Article Text

STOCKETT BANK RECEIVER PUT ON COMMISSION 10 Per Cent of Collections to Replace $100 Month Salary Heretofore Paid Compensation of H. G. Lescher, as receiver of the State bank of Stockett was Thursday placed on commission basis, which provides that the receiver shall recive 10 per cent of all collections, according to an order filed in dis triet court by Judge H. Meigs. Orders authorizing compromise settlemens of obligations of the Belt Farmers Mill & Elevator company were also issued. Mr. Lescher in the past has received $100 month as compensation for act ing as receiver of the insolvent Stockett bank, and requested that he be placed on 10 per cent basis on the ground that the remaining collec tions are As receiver of the Stockett bank, Mr Lescher was authorized to accept $1. 500 as full settlement of $4,500 obli gation of the Belt elevator company to the bank. The company on November 1921. according to the petition, ex ecuted $5,000 promissory note in favor of the bank, and balance of $4,500 is due on the note. The obligation other mortgages $7,500 and $9,063.10 and the value of the elevator property is appraised at but $12,000. Mr. Lescher. as receiver of the State bank of Belt. also was authorized to settle $9,063.10 indebtedness of the elevator company for $3,000. This debt was incurred through $16,000 promis sory note, subject to two other mort gages.


Article from Great Falls Tribune, May 29, 1927

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ORGANIZATIONS OF CITY UNITE IN MEMORIAL DAY PROGRAMS Patriotic, Civic and Fraternal Bodies to Take in Services Planned for Two Days; Leavitt Principal Speaker Monday Patriotic. fraternal and civic organizations of Great Falls will unite today and Monday in the observance of Memorial day. The civic services will be held Monday morning at 10:30 in the theater, instead of Gibson park. as previously announced. Observance of Memorial today will be limited to the decorating of the graves of soldiers in the cemeteries by committees from the American Le gion. Grand Army of the Republic, Veterans of Foreign Wars. SpanishAmerican War Veterans and sister ganizations to the associations. The Elks, Eagles and other fraternal orders of the will also decorate the graves of dead members of their respective fraternities. This morning at 10:30 special Memorial day services will be held at the First Presbyterian church by the Rev. Ward F. Boyd. Arrangements for Monday include street parade which will form at 9:30 m. and proceed up Central avenue to Sixth street counter march on Central avenue to Third street to Fourth avenue north and thence to the Grand theater. E. Liptak will act as mar shal of the parade and those participat Ing will the Eagles, police department. fire department. city eil, Elks. Knights Pythias. St. Thomas cadets. De Molay Boy Scouts and the various veterans organizations. As announced, the order of the parade will be as follows: Car with Capt. John E. Moran, Col. Charles Sheridan Scott Leavitt and Marshal Liptak: colors and color guard from American Legion; platoon of police: guard from Great Falls post of American Legion; Sher idan post, No. 18. Grand Army of the Republic: Capt. Charles French camp No. 4, United Spanish War Veterans Royal Caufield post. Veterans of Foreign Wars: Great Falls post American Legion: Ladies of the Grand Army of the Republic: Women's Relief corps; Spanish War auxiliary American Legion auxiliary St. Thomas Orphans home cadets: Great Falls Boys' band: city council and officers: county commissioners and county officers: Great Falls order of De Molay Great Falls lodge. No. 214. B. E. Great Falls lodge 14, Eagles. and drill team. and Knights of Pythias The auxiliaries of the various associations. civil war veterans and city and county officers will be in automobiles. All cars for use in the parade will report to John Holmes and Otto Neumann so that they may be assigned their places in the parade. Auto dealers of the city all offered the use of cars through the assistance of the Chamber of Commerce Immediately following the parade. the will be held at the Grand theater with H. J. Villars. Grand Army of the Republic acting as chairman, and Miss Leorn Ehret of the junior high school as di rector of music. The program will be as follows: Selections. Great Falls Municipal band Assembly Julius Hilgard Invocation Rev. W B. Nelson Song. "America" Chorus and Audience Reading. "General John A. Logar's Order for Memorial Day Charles Wegner Grand Army of the Republic Songs. "Soldiers of Peace" and Me morial Song Junior high school girls' chorus Reading. "Gettysburg Address Robert Stringham Songs, "Old Glory" and Recession al. Jurior high school boys chorus Songs. "Onward Christian Soldiers' and "Battle Hymn of the Republic" Chorus and Audience Oration Congressman Scott Leavitt Musical selections Great Falls Boys band "The Star Spangled Banner" Chorus and Audience Honor roll call of deceased comrades since last Memorial day Harry R. Stevens Responses Auxiliaries to the veterans organiza tions. Benediction the Rev. W B. Nelson Saluting the departed Capt. J. E. Moran and Spanish War Veterans squad Taps Julius Hilgard Great Falls' 10 surviving members of the Grand Army of the Republic will body They are R. Villars. Charles Wegner N. Chest nut. James Graham James Eaton. John Hane Albert Crowell. Sam Dean of Sand Coulee, Soloman Niles of Cascade and Robert Loss of Cascade The observance of day will be concluded Monday night when the Great Falls aerie of Eagles will hold an exemplification of the ritualistic service of the order. Congressman Scott Leavitt will deliver the principal address and the officers of the aerie liam Grover and William Bauer will take active part in the services. Musi cal numbers have been arranged. STOCKETT BANK RECEIVER READY TO PAY TAXES Authority to pay the of Pondera county $119.64 as tax on land in sections 13 and 24. township 28 north range 6 was requested Saturday in petition filed in district court by H. G. Lescher. receiver of the state bank of Stockett. Payment of the sum was ordered by Judge H. H. Ewing. The property. according to the petition. was acquired by the bank on settlement of the indebtedness of J. Finlayson.