Farmers & Merchants Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 25, 1928
Location: Barton, North Dakota (48.507, -100.176)

Metadata

Model: gpt-5-mini
Short Digest: 3616cd8b

Response Measures

None

Description

Article (The Bismarck Tribune, 1928-01-25) reports the state receiver of closed banks is paying dividends to creditors of the Farmers & Merchants Bank of Barton, indicating the bank previously suspended and was placed in receivership and remains closed. No run is mentioned in the article.

Events (2)

1. January 25, 1928 Other

Newspaper Excerpt: Payment is being made through G. R. Van Sickle, district manager for the receiver, at Minot.
Source: newspapers

2. * Receivership

Newspaper Excerpt: Payment of a dividend of 15 per cent to the creditors of the Farmers and Merchants bank of Barton is being made by the state receiver of closed banks.
Source: newspapers

Newspaper Articles (1)

1. January 25, 1928 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 25, 1928

Click image to open full size in new tab

Article Text

BARTON BANK PAYS DIVIDEND Payment of a dividend of 15 per cent to the creditors of the Farmers and Merchants bank of Barton is being made by the state receiver of closed banks. This makes a total of 35 per cent paid to creditors of the Barton bank. Payment is being made through G. R. Van Sickle, district manager for the receiver, at Minot.