11605. Security State Bank (Wolf Point, MT)

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: April 23, 1929
Location: Wolf Point, Montana (48.091, -105.641)

Metadata

Model: gpt-5-mini
Short Digest: 7776823a

Response Measures

None

Description

Articles document appointment of a receiver (H. C. Skarie) for Security State Bank (dated April 23, 1929), sale of assets, distribution of final dividends, and final receiver discharge hearing in Jan 1930. No article describes a depositor run; the bank was taken into receivership and wound up — a suspension followed by permanent closure/receivership.

Events (5)

1. April 23, 1929 Receivership

Newspaper Excerpt: H. C. SKARIE, Receiver of Security State Bank of Wolf Point, Montana. NOTICE IS HEREBY GIVEN by the undersigned Receiver ... to the creditors ... to exhibit and file them, within 30 days ... Dated this 23rd day of April, 1929.
Source: newspapers

2. April 23, 1929 Suspension

Cause: Government Action
Cause Details: Receiver appointed and bank placed in receivership by court (notice to creditors published).
Newspaper Excerpt: Dated this 23rd day of April, 1929. H. C. SKARIE, Receiver of Security State Bank of Wolf Point, Montana.
Source: newspapers

3. July 2, 1929 Other

Newspaper Excerpt: Dated this 2nd day of July, A. D. 1929. H. C. SKARIE, Receiver, Security State Bank of Wolf Point, Montana. NOTICE OF SALE OF ASSETS ... remaining assets of said trust will be offered for sale ... on or after the 10th day of July, A. D. 1929.
Source: newspapers

4. October 1, 1929* Other

Newspaper Excerpt: Final dividend of eight and eight tenths per cent in the Security State Bank, Wolf Point will be ready for distribution soon. Mail receivers certificates to H. C. SKARIE.
Source: newspapers

5. January 8, 1930 Other

Newspaper Excerpt: H. C. Skarie, receiver ... has filed herein his final report and petition ... Wednesday, the 8th day of January, 1930 ... has been fixed as the time and place for hearing said account and petition ... discharge of said receiver and his bondsmen from further liability.
Source: newspapers

Newspaper Articles (9)

1. April 26, 1929 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, April 26, 1929

Click image to open full size in new tab

Article Text

In the District Court of the Twentieth Judicial District of the State of Montana, in and for the County of Roosevelt. - NOTICE TO CREDITORS The State of Montana, Plaintiff, vs. The Security State Bank of Wolf Point, Montana, a Corporation, Defendant. NOTICE IS HEREBY GIVEN by the undersigned Receiver of the Security State Bank of Wolf Point, Montana, a corporation, to the creditors of, and all persons having claims against the said Security State Bank of Wolf Point, Montana, to exhibit and file them, within 30 days after the first publication of this notice, to the said Receiver at his office in Wolf Point, Montana. Dated this 23rd day of April, 1929. H. C. SKARIE, Receiver of Security State Bank of Wolf Point, Montana. J. E. RUCKER, Culbertson, Montana, Attorney for Receiver. 11-2t

2. May 3, 1929 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, May 3, 1929

Click image to open full size in new tab

Article Text

NOTICE TO CREDITORS No. 392P. In the matter of the Estate of Peter Klinkhammer, deceased. NOTICE IS HEREBY GIVEN by the undersigned Arlie M. Foor, Administrator of the estate with will annexed, of Peter Klinkhammer, deceased, to the creditors of, and all persons having claims against the said deceased, to exhibit them with the necessary vouchers, within four months after the first publication of this notice, to the said Administrator at the law offices of Marron & Foor, Huxsol Block, Wolf Point, Montana, the same being the place for the transaction of the business of said estate in the County of Roosevelt, the State of Montana. Dated April 30th, 1929. ARLIE M. FOOR, Administrator of the Estate of Peter Klinkhammer, deceased. MARRON & FOOR, Attorneys for Administrator, 12-4t Wolf Point, Montana. In the District Court of the Twentieth Judicial District of the State of Montana, in and for the County of Roosevelt. NOTICE TO CREDITORS The State of Montana, Plaintiff, vs. The Security State Bank of Wolf Point, Montana, a Corporation, Defendant. NOTICE IS HEREBY GIVEN by the undersigned Receiver of the Security State Bank of Wolf Point, Montana, a corporation, to the creditors of, and all persons having claims against the said Security State Bank of Wolf Point. Montana, to exhibit and file them, within 30 days after the first publication of this notice, to the said Receiver at his office in Wolf Point, Montana. Dated this 23rd day of April. 1929. H. C. SKARIE, Receiver of Security State Bank of Wolf Point, Montana. J. E. RUCKER, Culbertson, Montana, 11-2t Attorney for Receiver.

3. May 3, 1929 The Wolf Point Herald Wolf Point, MT

Click image to open full size in new tab

Article Text

H. C. SKARIE, Receiver of Security State Bank of Wolf Point, Montana. J. E. RUCKER, Culbertson, Montana, 11-2t Attorney for Receiver.

4. July 5, 1929 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, July 5, 1929

Click image to open full size in new tab

Article Text

X X LEGAL NOTICES NOTICE OF SALE OF ASSETS NOTICE IS HEREBY GIVEN, by the undersigned, Receiver of the Security State Bank of Wolf Point, Montana, that the remaining assets of said trust will be offered for sale to the highest bidder for cash on or after the 10th day of July, A. D. 1929, and the undersigned invites offers or bids for the purchase of said assets to be submitted to him on or before the above mentioned date. Bids or offers should be in writing and accompanied by a certified check for ten (10) per cent of the amount offered for said assets and such bids may be mailed to the undersigned at Culbertson, Montana, or filed with the Clerk of the District Court at Wolf Point, Montana. The right to reject any and all bids is hereby reserved. Respective bidders may procure a list of the assets to be sold from the undersigned. Any sale made will be subject to confirmation by the District Court. Dated this 2nd day of July, A. D. 1929. H. C. SKARIE, Receiver, Security State Bank 21-t of Wolf Point, Montana.

5. October 18, 1929 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, October 18, 1929

Click image to open full size in new tab

Article Text

patient at the General hospital since last Friday. Ed Krebsbach and L. T. Crail were Glasgow business visitors last week Thursday. Mrs. Fred Schafer and Mrs. J. H. Coffey were visiting friends in Glasgow last Saturday. Mrs. Wm. Mindeman left last week for several weeks' visit at Lafayette, Minn., and other points in that state. Peter Yarde and Raymond O'Brien of Lundville visited Wolf Point this week and took advantage of the Carnival bargains. Miss Catherine Nail is able to be out after a seige of scarlet fever. She does not plan to resume teaching for about ten days. Notice is being published by H. C. Skarie, receiver, of the final payment to the depositors of the Security State Bank. Byron Yates, state manager of the A. O. U. W. was here the first of the week for a conference with A. J. Kiefer, district deputy. Mrs. P. R. Dougherty and Mrs. E. J. Cody returned Tuesday from Foley, Minn., where they have been visiting for about three weeks. P. R. Dougherty drove to Williston to meet them. Rolland Trotter is out and partly able to attend to his office work at the Camrud Motor company after spending a month at the General hospital recovering from a light case of typhoid fever. Bill Taylor and Charles Dahle, representing respectively the Tribune Printing and Supply Co., and the Great Falls branch of the John Leslie Paper company, both of Great Falls, were in Wolf Point Wednesday and took time to look over the new bridge and station KGCX. I Mrs. Si Estenson and Mrs. J. A. Cameron of Vida were in Wolf Point the later part of last week. The Estensons expect to L leave soon for the Twin Cities where they will visit relatives. They also expect to visit in Wisconsin before returning to Vida next spring. The Camerons plan L to leave about the first of the year for California.

6. October 25, 1929 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, October 25, 1929

Click image to open full size in new tab

Article Text

NOTICE Final dividend of eight and eight tenths per cent in the Security State Bank, Wolf Point will be ready for distribution soon. Mail receivers certificates to H. C. SKARIE, 36-2t Froid, Montana.

7. December 27, 1929 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, December 27, 1929

Click image to open full size in new tab

Article Text

NOTICE OF HEARING FINAL ACCOUNT AND PETITION FOR DISCHARGE In the District Court of the Twentieth Judicial District of the State of Montana, in and for the County of Roosevelt. STATE OF MONTANA, Plaintiff, vs. SECURITY STATE BANK of WOLF POINT, MONTANA, a corporation, Defedant. NOTICE IS HEREBY GIVEN, That H. C. Skarie, receiver of the above named bank, has filed herein his final report and petition praying for an order approving said report, declaring the issuance and payment of final dividends and the discharge of said receiver and his bondsmen from further liability in the matter of said trust; and that Wednesday, the 8th day of January, 1930, at the hour of 10 o'clock A. M. of said day, at the Courtroom of the County Courthouse, at Wolf Point, Montana, has been fixed as the time and place for hearing said account and petition, when and where all persons interested may appear and show cause why said order should should not be granted. DATED this 24th day of December, A. D. 1929. H. C. SKARIE, Receiver. 46-2t

8. January 3, 1930 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, January 3, 1930

Click image to open full size in new tab

Article Text

9. January 10, 1930 The Wolf Point Herald Wolf Point, MT

Article from The Wolf Point Herald, January 10, 1930

Click image to open full size in new tab

Article Text

the plaintiff 15 days in which to submit a brief and the defendant 10 days in which to file answering brief. In the suit of N. C. Niles against W. L. Rose of Poplar, judgment was signed for $431.25 plus $20.50 costs. In the matter of the Griffith Smith Loan company against Rudolph Hinz, service was had and default entered. The court took the matter under advisement. Divorce Cases Several divorce cases came up. In the case of Bertha M. Halack against Anton Halack, a demurrer which had been entered was overruled and twenty days given in which to answer. A decree of divorce was granted Tillie Glabb from Geo. Glabb and the custody of the five children given to the mother. A decree of divorce was signed in the case of Agnes Littlebull against Frank Littlebull. Non-support was charged. There are two children, one and three years old. A decree of divorce was granted Sarah Barajas from Foster Barajas. Cruelty and non-support is charged. There are no children. Mary Jelley was given a divorce from E. Carl Jelley and the custody of the minor child, George. In the case of William Dawson against Florence Dawson, a motion was made for change of venue, and this was taken under advisement by the court. Security Bank Windup Hearing on the final accounting and petition for discharge in the receivership for the Security State Bank came up. J. E. Rucker appeared for H. C. Skarie, receiver. The court approved the final accounting and directed the receiver to deposit all undelivered unpaid dividend checks with the clerk of court together with all funds in his hands, such funds to be deposited by the clerk with the county treasurer of Roosevelt county. Inasmuch as there were to be no longer any funds in the hands of the receiver, the sureties were released. Court-2 Estates In the Ole Halvorson estate matter, the court authorized a sale of real estate. Sale of personal property was authorized in the matter of the estate of Thos. Gardner. Order for the sale of personal property was signed in connection with the Tom Simonsen estate. Relative to the guardianship of John Brooks, a minor, the court signed an order approving the accounting and decree of distribution. In the suit of Richard Vohl against William Plau, a demurrer was introduced and was taken under advisement.