Farmers State Bank - Battleview, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 1, 1931
Location: Battleview, North Dakota (48.579, -102.792)

Metadata

Model: gpt-5-mini
Short Digest: 7d40bcf4

Response Measures

None

Description

Article (Dec 1, 1931) states the bank is a 'closed state bank' with a receiver (L. R. Baird) paying a dividend to depositors. No mention of a depositor run; evidence indicates the bank had been closed and placed in receivership and is paying a dividend from receivership assets.

Events (3)

1. December 1, 1931 Other

Newspaper Excerpt: A dividend of 30 per cent is being paid to the depositors of the Farmers State Bank of Battleview... Payment is being made through the office of J. P. Reeve, district manager at Burlington, N. D. (dividend payment from receivership).
Source: newspapers

2. December 1, 1931 Receivership

Newspaper Excerpt: L. R. Baird, receiver of closed state banks, announced, Tuesday. Payment is being made through the office of J. P. Reeve, district manager at Burlington, N. D. (payment of dividend to depositors announced Dec 1, 1931).
Source: newspapers

3. * Suspension

Cause Details: Article does not state the reason for the suspension/closure; only notes the bank is closed and in receivership.
Newspaper Excerpt: the Farmers State Bank of Battleview, L. R. Baird, receiver of closed state banks, announced
Source: newspapers

Newspaper Articles (1)

1. December 1, 1931 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, December 1, 1931

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Article Text

PAY BANK DIVIDEND A dividend of 30 per cent is being paid to the depositors of the Farmers State Bank of Battleview, L. R. Baird, receiver of closed state banks, announced, Tuesday. Payment is being made through the office of J. P. Reeve, district manager at Burlington, N. D.