12106. State Bank (Bowman, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 23, 1927
Location
Bowman, North Dakota (46.183, -103.395)

Metadata

Model
gpt-5-mini
Short Digest
b885a709

Response Measures

None

Description

Articles (July 23, 1927) report the State Bank of Bowman as a closed bank with dividends being paid by the state bank receiver. No run or reopening is mentioned; the bank is in receivership and treated as permanently closed.

Events (1)

1. July 23, 1927 Receivership
Newspaper Excerpt
A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe ... announced today by L. R. Baird, state bank receiver.
Source
newspapers

Newspaper Articles (4)

Article from Morning Pioneer, July 23, 1927

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Article Text

DIVIDENDS FOR DEPOSITORS IN 3 CLOSED BANKS (By The Associated Press) Dividend payments to creditors of three closed banks were announced today by L. R. Baird, state bank receiver. A ten per cent dividend to creditors of the Menoken Farmers Bank will be paid by P A O'Keefe, district manager, at Bismarck. A previous dividend of twenty per cent already has been paid. A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe and a fiften per cent dividend will be paid to creditors of the Farmers State Bank of Hoople by C. W. Conroy, dis trict manager at Devils Lake.


Article from Morning Pioneer, July 23, 1927

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Article Text

DIVIDENDS FOR DEPOSITORS IN 3 CLOSED BANKS (By The Associated Press). Dividend payments to creditors of three closed banks were announced today by L. R. Baird, state bank re ceiver. A ten per cent dividend to creditors of the Menoken Farmers' Bank will be paid by P. A. O'Keefe, district manager, at Bismarck. A previous dividend of twenty per cent already has been paid A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe and a fiften per cent dividend will be paid to creditors of the Farmers State Bank of Hoople by C. W. Conroy, district manager at Devils Lake.


Article from The Bismarck Tribune, July 23, 1927

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Article Text

Creditors of Shut Banks Get Money Dividend payments to creditors of three closed banks were announced today by L. R. Baird, state bank receiver. A ten per cent dividend to creditors of the Menoken Farmers' Bank will be paid "by P. A. O'Keefe, district manager at Bismarck. A previous dividend of 20 per cent already has been paid. A first dividend of 10 per cent will be paid to creditors of the State Bank of Bowman, also by O'Keefe, and a 15 per cent dividend will be paid to creditors of the Farmers State Bank of Hoople by C. W. Conroy, district manager at Devils Lake.


Article from Grand Forks Herald, July 24, 1927

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Article Text

Three Closed Banks Will Pay Dividends Bismarck, July 23. (AP) payment creditors three today by L. R. Baird, state bank reper cent dividend to crediof the Menoken Farmers bank tors be paid O'Keefe, trict manager at Bismarck. predividend twenty per cent already been first of per cent will to creditors of the State be paid Bank Bowman also by 15 cent divident will be and per to of the Farmers State bank of Hoople by W. Condistrict manager at Devils Lake