11594. Willow Creek State Bank (Willow Creek, MT)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
November 20, 1923
Location
Willow Creek, Montana (45.825, -111.645)

Metadata

Model
gpt-5-mini
Short Digest
b8d50f5f

Response Measures

None

Description

Newspaper reports state the bank closed its doors November 20 as a voluntary action by directors/stockholders. A receiver (J. A. Price) was appointed in early December 1923. No article describes any depositor run; later notices show receiver actions and sheriff's sales through 1924–1926, indicating permanent closure and receivership.

Events (2)
1. November 20, 1923 Suspension
Cause
Voluntary Liquidation
Cause Details
Directors and stockholders voluntarily closed the bank on November 20, 1923 (per contemporaneous report).
Newspaper Excerpt
the Willow Creek State bank which closed its doors November 20, following a meeting of the directors of that institution
Source
newspapers
2. December 4, 1923 Receivership
Newspaper Excerpt
J. A. Price, an employee of the Willow Creek State bank which closed its doors November 20, ... was appointed yesterday by Judge Ben B. Law to act as receiver, following the receipt by the court of a petition by the majority stockholders of the bank asking that he be appointed to that position in an effort to straighten out the affairs.
Source
newspapers

Newspaper Articles (12)
1. November 28, 1923 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, November 28, 1923

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Article Text

WILLOW CREEK BANK MAY SOON RE-OPEN Coincident with the closing last week of the Willow Creek State bank, which was a voluntry action on the part of the directors of that institution, a rumor gained considerable currency that a state bank in another Gallatin county community was also about to close its doors. This rumor was run down and found to be entirely untrue and without the slightest foundation, in fact. In referring to the closing of the Willow Creek institution, the Three Forks Herald says: Our neighboring city was thrown into confusion last Tuesday morning when it was learned the State Bank of Willow Creek had closed its doors by voluntary act of its directors and stockholders. Just where the trouble lies has not been ascertained, but it is presumed that institution, like many others in the northwest, has felt the effects of

2. December 5, 1923 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, December 5, 1923

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Article Text

# BANK RECEIVER NAMED J. A. Price, an employee of the Willow Creek State bank which closed its doors November 20, following a meeting of the directors of that institution, was appointed yesterday by Judge Ben B. Law to act as receiver, following the receipt by the court of a petition by the majority stockholders of the bank asking that he be appointed to that position in an effort to straighten out the affairs. It is understood that the appointment of a former bank employee to the position of receiver is not usually favored by the state examiner's office, the judge in this case, however, holding that all the circumstances favored: the appointment of Mr. Price as the man best fitted to straighten out the bank's affairs.

3. June 11, 1924 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, June 11, 1924

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Article Text

# SHERIFF'S SALE Wells-Dickey Company, a Corporation, Plaintiff, versus Oscar W. Mack and Minnie M. Mack, his wife, Reese J. Roberts and Minnie L. Roberts, his wife; J. A. Price, Receiver of Willow Creek State Bank, a Corporation, and Walter H. Mack, Defendants. To be sold at Sheriff's Sale on Monday on the 30th day of June A. D. 1924 at 2:00 o'clock P. M. at the front door of the Court House in the City of Bozeman, County of Gallatin, State of Montana all the right, title and interest of the defendant in and to the following described property, viz.: The West Half (W½) of Section One (1), and the Southeast Quarter (SE¼) of Section Two (2) in Township One (1) South, of Range One (1) West of the Montana Meridian. All in the County of Gallatin. Dated this 29th day of May A. D. 1924. JAMES SMITH, Sheriff By Orville Jones, Under Sheriff. (First publication June 4, 1924) (Last publication June 25, 1924)

4. September 10, 1924 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, September 10, 1924

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Article Text

NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES OF AMERICA, a corporation, Plaintiff, -Vs.- F. C. CLEVELAND, ELLA G. CLEVELAND, WILLOW CREEK STATE BANK, a cor- poration, J. A. PRICE, as re- ceiver of Willow Creek State Bank, a corporation, and SOUTH BENCH IRRIGA- TION DISTRICT, Defendants,

5. October 1, 1924 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, October 1, 1924

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Article Text

COMPANY OF THE UNITED STATES OF AMERICA, a corporation, Plaintiff, -Vs.- F. C. CLEVELAND, ELLA G. CLEVELAND, WILLOW CREEK STATE BANK, a cor- poration, J. A. PRICE, as re- ceiver of Willow Creek State Bank, a corporation, and SOUTH BENCH IRRIGA- TION DISTRICT, Defendants

6. October 29, 1924 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, October 29, 1924

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Article Text

Dated October 15th, 1924. JAMES SMITH, Sheriff By Orville Jones, Under Sheriff. J. A. McDonough, Great Falls, Mon- tana. Attorney for Plaintiff. (First publication October 15, 1924) (Last publication November 5, 1924) # SHERIFF'S SALE S. J. Race, Plaintiff. versus San Juan Stephens; Wells-Dickey Company, a corporation, Frank Stephens, and J. A. Price, Receiver of the Willow Creek State Bank, a corporation, Defendants. To be sold at Sheriff's Sale on Saturday on the 8th day of November A. D. 1924 at 2:15 o'clock P. M., at the front door of the Court House in the City of Bozeman, County of Gallatin, State of Montana, all the right, title and interest of the defendants in and to the following described property, viz.: The Southeast quarter (SE¼); the East half of the Northeast quarter (E½ NE¼), and the Southwest quarter (SW¼) of the Northeast quarter (NE¼), of Section Fourteen (14) in Township One (1) South, of Range One (1) East of the Montana Meri-

7. May 13, 1925 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, May 13, 1925

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Article Text

SHERIFF'S SALE Theilman State Bank, a corporation, Plaintiff. versus Lou Harwood and Ruth Harwood, his wife, Wells- Dickey Company, a corporation, J. A. Price, Receiver of the Williow Creek State Bank, a corporation; Ezra T. Smart; Henry Topel, Surviving Partner of the late firm of H. Topel & Bro., J. G. Crites, Receiver of Montana Grain Growers, a corporation; and C. N. Wood, Assignee. Defendants. To be sold at Sheriff's Sale on Saturday on the 13th day of June A. D. 1925 at 2:15 o'clock P. M. at the front door of the Court House in the City of Bozeman, County of Gallatin, State of Montana. All the right title and interest of the defendants in and to the following described property, viz.: North Half (N½) of the Northwest Quarter (NW) and the North Half of the Northeast Quarter (N½NE) of Section Fourteen (14), in Township One (1) South, of Range One (1) West of the Montana Meridian, situated in the County of Gallatin, State of Montana. Together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining. Dated this 11th day of May A. D. 1925. JAMES SMITH, Sheriff. By Orville Jones, Under Sheriff. (First publication May 13, 1925) (Last publication June 3, 1925)

8. May 20, 1925 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, May 20, 1925

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Article Text

# SHERIFF'S SALE Theilman State Bank, a corporation, Plaintiff. versus Lou Harwood and Ruth Harwood, his wife, Wells-Dickey Company, a corporation, J. A. Price, Receiver of the Williow Creek State Bank, a corporation; Ezra T. Smart; Henry Topel, Surviving Partner of the late firm of H. Topel & Bro., J. G. Crites, Receiver of Montana Grain Growers, a corporation; and C. N. Wood, Assignee. Defendants. To be sold at Sheriff's Sale on Saturday on the 13th day of June A. D. 1925 at 2:15 o'clock P. M. at the front door of the Court House in the City of Bozeman, County of Gallatin, State of Montana. All the right title and interest of the defendants in and to the following described property, viz.: North Half (N½) of the Northwest Quarter (NW¼) and the North Half of the Northeast Quarter (N½NE¼) of Section Fourteen (14), in Township One (1) South, of Range One (1) West of the Montana Meridian, situated in the County of Gallatin, State of Montana. Together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining. Dated this 11th day of May A. D. 1925. JAMES SMITH, Sheriff. By Orville Jones, Under Sheriff. (First publication May 13, 1925) (Last publication June 3, 1925)

9. May 27, 1925 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, May 27, 1925

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Article Text

# SHERIFF'S SALE Theilman State Bank, a corporation, Plaintiff. versus Lou Harwood and Ruth Harwood, his wife, Wells. Dickey Company, a corporation, J. A. Price, Receiver of the Williow Creek State Bank, a corporation; Ezra T. Smart; Henry Topel, Surviving Partner of the late firm of H. Topel & Bro., J. G. Crites, Receiver of Montana Grain Growers, a corporation; and C. N. Wood, Assignee. Defendants. To be sold at Sheriff's Sale on Saturday on the 13th day of June A. D. 1925 at 2:15 o'clock P. M. at the front door of the Court House in the City of Bozeman, County of Gallatin, State of Montana. All the right title and interest of the defendants in and to the following described property, viz.: North Half (N½) of the Northwest Quarter (NW¼) and the North Half of the Northeast Quarter (N½NE¼) of Section Fourteen (14), in Township One (1) South, of Range One (1) West of the Montana Meridian, situated in the County of Gallatin, State of Montana. Together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining. Dated this 11th day of May A. D. 1925. JAMES SMITH, Sheriff. By Orville Jones, Under Sheriff. (First publication May 13, 1925) (Last publication June 3, 1925)

10. June 18, 1926 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, June 18, 1926

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Article Text

# SHERIFF'S SALE Hannah Berggren, Plaintiff, versus William E. Kelly, Della Lee Kelly, his wife; May C. Burroughs; Richard T. Ringling; Aubrey Ringling, his wife; J. A. Price, as Receiver of The Willow Creek State Bank, a corporation; Hans Biering and M. S. Cunningham, Defendants. To be sold at Sheriff's Sale on Saturday on the 3rd day of July A. D. 1926 at 2:00 o'clock P. M., at the front door of the Court House in the City of Bozeman, County of Gallatin, the following described property, situate in the County of Gallatin, State of Montana, to-wit: The South Half of the Northeast Quarter (S½NE¼) and the North Half of the Southeast Quarter (N½SE¼) of Section Seven (7) and the West Half of the Northwest Quarter (W½NW¼) of Section Eight (8) in Township One (1) South of Range One (1) East of the Montana Meridian, containing Two Hundred Forty (240) acres, more or less, according to the United States Government Survey thereof. Dated at Bozeman, Montana, this 8th day of June, 1926. JAMES SMITH, Sheriff By Sylvia A. Smith, Under Sheriff. (First publication June 11, 1926) (Last publication July 2, 1926)

11. June 25, 1926 The Bozeman Courier Bozeman, MT
Article from The Bozeman Courier, June 25, 1926

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Article Text

# SHERIFF'S SALE Hannah Berggren, Plaintiff, versus William E. Kelly, Della Lee Kelly, his wife; May C. Burroughs; Richard T. Ringling; Aubrey Ringling, his wife; J. A. Price, as Receiver of The Willow Creek State Bank, a corporation; Hans Biering and M. S. Cunningham, Defendants. To be sold at Sheriff's Sale on Saturday on the 3rd day of July A. D. 1926 at 2:00 o'clock P. M., at the front door of the Court House in the City of Bozeman County of Gallatin, the following described property, situate in the County of Gallatin, State of Montana, to-wit: The South Half of the Northeast Quarter (S½NE¼) and the North Half of the Southeast Quarter (N½ SE¼) of Section Seven (7) and the West Half of the Northwest Quarter (W½NW¼) of Section Eight (8) in Township One (1) South of Range One (1) East of the Montana Meri- dian, containing Two Hundred Forty (240) acres, more or less, according to the United States Government Sur- vey thereof. Dated at Bozeman, Montana, this 8th day of June, 1926. JAMES SMITH, Sheriff. By Sylvia A. Smith, Under Sheriff. (First publication June 11, 1926) (Last publication July 2, 1926)

12. November 15, 1927 The Independent-Record Helena, MT
Article from The Independent-Record, November 15, 1927

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Article Text

FARMER Critchfield laborer and farmer living Limespur near Whitehall county, has gone bank rupt, and yesterday filed his petition bankruptcy in the United States court here, listing his debts assets at $15, one old automobile also has $100 worth of household goods, but they are claimed exempt from execution The secured claims are listed and the unsecured at $2,186. Among claims that Hoerman, judgment gage, for $1,941.07; Merchant's Trust company, judgment for Federal Reserve bank of Minne apolis, Helena branch, second mortgage. $1,532.90; Federal Reserve bank Minneapolis, Helena branch, $900. Among the unsecured claims by Robertson, Melton. Fla. note, $1,000; eight years interest on this note, $640; Willow Creek State bank receiver, $195: Fred Cotton borrowed money, Walter II Hooper. borrowed money, $90