Bank of Twin Bridges - Twin Bridges, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 16, 1928
Location: Twin Bridges, Montana (45.544, -112.331)

Metadata

Model: gpt-5-mini
Short Digest: de4049bd

Response Measures

None

Description

Article (The Butte Daily Post, 1928-10-16) reports the receiver (Clintock) filing a quarterly report and ordering dividends to creditors. This indicates the bank was in receivership (closed) and being liquidated. No mention of a depositor run preceding suspension was found in the provided text.

Events (1)

1. October 16, 1928 Receivership

Newspaper Excerpt: Twin Bridges Bank Receiver Files Quarterly Report; Judge Makes Order. Creditors of the bank of Twin Bridges will receive per cent dividend following the filing of the quarterly report Clintock, receiver of bank, in district court at Virginia City today. The receiver has collected total $266,356.32 ... Dividends previously paid to creditors of the bank amount to ...
Source: newspapers

Newspaper Articles (1)

1. October 16, 1928 The Butte Daily Post Butte, MT

Article from The Butte Daily Post, October 16, 1928

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Article Text

BANK Twin Bridges Bank Receiver Files Quarterly Report; Judge Makes Order. Creditors of the bank of Twin Bridges will receive per cent dividend through an order of Judge William Carroll this afternoon, following the filing of the quarterly report Clintock, receiver of bank, in district court at Virginia City today. According to the report the receiver has on hand total which will take care of the dividend ordered paid. Claims of creditors, which have been verified by the receiver, amount The receiver has collected total $266,356.32 $342,450.61 termed "good" assets; $28,532.90 out of $112,590.51 termed "doubtful" assets, and of $144,428.06 termed "worthless" assets. This together with other assets collected total $319,129.64 out of total of Dividends previously paid to creditors of the bank amount to