12046. American State Bank (Balfour, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
March 6, 1926
Location
Balfour, North Dakota (47.952, -100.535)

Metadata

Model
gpt-5-mini
Short Digest
e689a81a

Response Measures

None

Description

Articles (Mar 6, 1926) report that L. R. Baird, state bank receiver, announced dividend payments to creditors of the American State Bank of Balfour, indicating the bank had been closed and placed in receivership. No run is described in the texts.

Events (1)

1. March 6, 1926 Receivership
Newspaper Excerpt
Dividends of 10 per cent ... to the creditors of the ... American State Bank of Balfour were announced here today by L. R. Baird, state bank receiver.
Source
newspapers

Newspaper Articles (2)

Article from The Bismarck Tribune, March 6, 1926

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Article Text

Banks at Balfour and Wildrose Are Paying Dividends Dividends of 10 per cent each to the creditors of the Farmers State Bank of Wildrose and American State Bank of Balfour were announced here today by L. R. Baird, state bank receiver. Creditors of the Wildrose Bank will be paid through G. R. Van Sickle, district manager, Minoi. Creditors of the American State Bank will be paid through J. P. Reeve, district manager, Burlington. A dividend of 10 per cent previously has been paid to creditors of the American State Bank.


Article from The Bismarck Tribune, March 6, 1926

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Article Text

Banks at Balfour and Wildrose Are Paying Dividends Dividends of 10 per cent each the the Farmers State Bank Wildrose and American Bank of Balfour were announehere today by Baird, state receiver. Creditors the Wildrose Bank paid through Sickle, manager, CredAmerican State Bank be paid through Reeve, district Burlington. dend of per cent been paid creditors the can State Bank. When the barometer rises gradualindicates settled weather.