Brotherhood Labor Bank - Whitefish, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 4, 1929
Location: Whitefish, Montana (48.411, -114.338)

Metadata

Model: gpt-5-mini
Short Digest: 474d8a4c

Response Measures

None

Description

Newspaper articles describe the Brotherhood-Labor/ Brotherhood Labor Bank of Whitefish as defunct and show a receiver (Oscar Wolfe, later J. D. Neville) handling suits and foreclosures. There is no mention of a depositor run in the provided articles — instead the bank entered receivership (government action) and remained closed. Dates: foreclosure decree filed 1929-03-04 (per Article 1), receiver appointment reported Apr 24, 1929, and receiver actions (lawsuits/dividends) through July and August 1929. OCR variations in the bank name (BrotherhoodLabor, Brotherhood-Labor, Brotherhood Bank) were normalized to Brotherhood Labor Bank.

Events (5)

1. March 4, 1929 Suspension

Cause: Government Action
Cause Details: Court foreclosure decree and appointment of a receiver following the bank's failure; legal action in district court (foreclosure and receiver referenced).
Newspaper Excerpt: order of foreclosure ... decree of foreclosure ... on the 4th day March, 1929 ... Oscar F. Wolf as Receiver of the Brotherhood Bank of Whitefist Montana
Source: newspapers

2. April 24, 1929 Other

Newspaper Excerpt: Bank Receiver Is Given Judgment ... action brought by Oscar Wolfe, receiver for the Brotherhood-Labor bank ... judgment was rendered against them on the par value of their stock.
Source: newspapers

3. April 24, 1929 Receivership

Newspaper Excerpt: APPOINTED RECEIVER ... J. D. Neville has been appointed receiver for the Brotherhood-Labor bank, succeeding Oscar Wolfe ... (reported Apr. 24, 1929).
Source: newspapers

4. July 9, 1929 Other

Newspaper Excerpt: BANK RECEIVER BRINGS SUIT TO COLLECT NOTE ... J. D. Neville of Whitefish, as receiver of the defunct BrotherhoodLabor bank ... has filed suit ... (reported Jul. 9, 1929).
Source: newspapers

5. August 1, 1929 Other

Newspaper Excerpt: J. D. Neville, receiver of the defunct Brotherhood Labor bank at Whitefish states that it is quite probable he will be able to pay another 10 per cent dividend ... To date 40 per cent has been paid to the depositors in dividends.
Source: newspapers

Newspaper Articles (6)

1. April 11, 1929 The Chinook Opinion Chinook, MT

Article from The Chinook Opinion, April 11, 1929

Click image to open full size in new tab

Article Text

In the District Court of the Eighteenth Judicial District of the State of Montana, in and for the County of Blaine In the Matter of the Estate of Albert Summers, deceased. NOTICE TO CREDITORS Notice is hereby given by the undersigned Administrator of the Estate of Albert Summers, deceased, to the creditors and to all persons having claims against the said deceased, to exhibit them with the necessary vouchers within four (4) months after the first publication of this notice to the said Administrator at his office in Chinook, Montana, in the County of Blaine. Dated this 29th day of March, 1921 FRANK D. OVESEN, Administrator. First publication April 4, 1929. Harry L. Burns, Attorney for Estate. In the District Court of the Eighteent Judicial District of the State of Mon tana, in and for the County of Blain Oscar F. Wolf as Receiver of the Brotherhood Bank of Whitefist Montana, a corporation, Plaintiff, Rosie L. Grim and Thos. Grim, I fendants. Notice of Sheriff's Sale of Real Pro erty on Foreclosure of Mortgage. Notice is hereby given, that unds and by virture of an order of and decree of foreclosure issue out of the District Court of. Eighteenth Judicial District of State of Montana, in and for County of Blaine, on the 4th day March, 1929, in the above entitled tion, wherein the plaintiff, Oscar Wolf as Receiver of the Brotherho Labor Bank of Whitefish, Montana corporation, above named, obtaine judgment and decree against Rosie Grim and Thos. Grim, which said cree was on the 4th day of Mar 1929, duly filed in the office of Clerk of Court above entitled: By which said order of sale,

2. April 24, 1929 The Havre Daily News Havre, MT

Article from The Havre Daily News, April 24, 1929

Click image to open full size in new tab

Article Text

Bank Receiver Is Given Judgment Special to The Daily News WHITEFISH, April the action brought by Oscar Wolfe, receiver for the Brotherhood-Labor bank to enforce the statutory provisions as to the liability of stockholders against A. J. Beaumeister of Rexford and John F. Maas, Emil Lee and W. Shoaf of Whitefish, judgment was rendered against them on the par value of their stock. According to theibank records, Beaumeister is the owner of 15 Emil Lee and J. M. Shoaf the owner of 24 shares each. The defense entered alleged that the defendants were in fact, only trustees of the stock, and it had been assigned to them by Henry Good for sale purposes. and that Good was the actual owner. Judge Winston of Anaconda who presided in lien of Judge Pomeroy of Kalispell held that the official records of the corporation as to ownership could not be disputed. and the records of the tbank showed the defendants as the owners. He further stated that any complaint against Good would have to be adjusted in some other manner, rather than in this case. The defendants have preserved their right to appeal to the supreme court.

3. April 24, 1929 The Havre Daily News Havre, MT

Click image to open full size in new tab

Article Text

APPOINTED RECEIVER Special to The Daily News WHITEFISH, April ney J. D. Neville has been appointed received for the BrotherhoodLabor bank, succeeding Oscar Wolfe of Eureka who resigned. Mr. acted as attorney for Receiver Wolfe and is thoroughly familiar with the bank affairs.

4. April 25, 1929 Western News and the Libby Times Libby, MT

Article from Western News and the Libby Times, April 25, 1929

Click image to open full size in new tab

Article Text

pects to establish a representative at Eureka and will carry weekly a large amount of Eureka news under a Eureka department. Mr. Wolf has resigned as receiver of the defunct Brotherhood bank at Whitefish and says he will be able to close up the Eureka bank receivership in a short time. Mr. and Mrs. Wolf have been prominent residents of Eureka for a num. ber of years, where Mr. Wolf has always taken a leading part in the business affairs of the city, having hold the office of mayor a number of terms. He is an able newspaper man and will give Mettaline Falls a paper of which it can be proud. Mrs. Wolf has been prominent socially at Eureka and will find a ready place in the life of the new community. Metalline Falls is lately enjoying a fine growth. A number of mining properties nearby are being developed in a substantial way and recently announcement has been made that the owners of the Trail, B. C., smelter will build a smelter at Mettaline Falls. It is expected that the town will soon grow to from three to four thousand people.

5. July 9, 1929 The Daily Inter Lake Kalispell, MT

Article from The Daily Inter Lake, July 9, 1929

Click image to open full size in new tab

Article Text

BANK RECEIVER BRINGS SUIT TO COLLECT NOTE J. D. Neville of Whitefish, as receiver of the défunct BrotherhoodLabor bank of that city. has filed suit against George T. Noble, Marian Noble, and Mary Noble to enforce col- Work." June 3, 1926. The complaint states that $242.73 was paid on the principal on September 7. 1926, and the receiver asks judgment for $1,917.27, plus $705 taxes paid; the cost of obtaining an abstract of title, interest and attorney's fees.

6. August 1, 1929 Western News and the Libby Times Libby, MT

Article from Western News and the Libby Times, August 1, 1929

Click image to open full size in new tab

Article Text

Local Briefs Mr. and Mrs. Charles Henderson were Libby visitors Monday. Mr. and Mrs. Fred Cloutier were in Spokane over the week-end and drove home a new Auburn Eight sedan. Emil Tellefsen and family were registered at the Hotel Libbv Sunday, registering as from Oslo, Norway. W. C. Fewkes and daughter Mildred of Rexford were transacting business in the county seat Monday. Mr. Fewkes is a merchant of Rexford. Rummage Sale, corner 6th and Minnesota Ave., Tuesday, Wednesday, Thursday, August 6-7-8, opposite E. E. Corbett's place.-Mrs. Lewis J. 1t Flotten. W. N. Curtis and sons, Paul and John, accompanied by Lloyd Burpee and Tracey Mosier, motored to Eureka Sunday to take in the ball game there between the Pirates of Libby and the Eureka team. Mrs. Ruth Kain came over from Libby to visit her aunt, Mrs. Julia Hand. Her husband is working with the U. S. Geological Survey and temnorarily located in Libby.-Kalispell Times. WANTED-Zonolite shares. Cash will be paid for a few hundred shares in Zonolite company if price reasonable. Address Postoffice Box 16, Libby, quoting number of shares and 7-8 prices. Mrs. Jack Hafstead of Spokane arrived the latter part of the week for 1 visit with her parents, Mr. and Mrs. H. A. Hough. She was accompanied by her sister, Miss Pauline Hough, who had been visiting in the city with her. J. D. Neville, receiver of the defunct Brotherhood Labor bank at Whitefish states that it is quite probable he will be able to pay another 10 per cent dividend some in Septemer. To date 40 per cent has been paid 0 the depositors in dividends. Mr. and Mrs. Ned Joughin and laughter Virginia motored into Spotane Sunday returning Monday, Mr. oughin looking after a shipment of logs while there. It will be rememered that Monday was a warm day, and they report that the trip home was the hottest they had ever made yer the Spokane-Libby route. Fred Heuck, accompanied by his brother Roy, drove into Libby the irst of the week from his home at Boise, Ida. He visited here with his daughter, Jean Heuck, and at the home of his mother-in-law, Mrs. Wiliam Erdman. He is well pleased with his new home at Boise and says that usiness conditions in the Idaho capial are always good. It is in an irriated section and the drv weather, of ourse, does not affect them adversely, e said.