Article (The Bismarck Tribune, 1923-05-10) states John R. Durkin of Bowman was named receiver of the Farmers and Mechanics State Bank of Bowman by the state banking board. No run or withdrawals are mentioned in the text. Receiver appointment implies the bank was closed by government action and placed in receivership.
Events (2)
1.May 10, 1923Receivership
Newspaper Excerpt
RECEIVER NAMED. John R. Durkin of Bowman has been named receiver of the Farmers and Mechanics State bank of Bowman by the state banking board.
Source
newspapers
2.May 10, 1923Suspension
Cause
Government Action
Cause Details
State Banking Board appointed a receiver, indicating closure by government action.
Newspaper Excerpt
John R. Durkin of Bowman has been named receiver of the Farmers and Mechanics State bank of Bowman by the state banking board.
Source
newspapers
Newspaper Articles (1)
1.May 10, 1923The Bismarck TribuneBismarck, Mandan, ND
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Article Text
RECEIVER NAMED. John R. Durkin of Bowman has been named receiver of the Farmers and Mechanics State bank of Bowman by the state banking board.