Bank of Carbury - Carbury, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 19, 1924
Location: Carbury, North Dakota (48.891, -100.545)

Metadata

Model: gpt-5-mini
Short Digest: b167023c

Response Measures

None

Description

Article reports the Farmers State Bank of Halliday has been placed on special trust deposit by the state banking department (published 1924-01-19). No run or reopening is mentioned. The bank was suspended by government action; the article does not state if it later reopened or received a receiver. I classify as suspension_closure because the bank was taken out of ordinary operations by the regulator (special trust deposit).

Events (1)

1. January 19, 1924 Suspension

Cause: Government Action
Cause Details: Placed on special trust deposit by the state banking department (regulatory action).
Newspaper Excerpt: the Farmers State Bank of Halliday, capital $10,000, surplus $2,000 and deposits of $89,000, with Adam Hannah of Minneapolis president, has been placed on special trust deposit, it was announced by the state banking department.
Source: newspapers

Newspaper Articles (1)

1. January 19, 1924 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 19, 1924

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Article Text

BANKS SUSPEND. The Bank of Carbury, at Carbury, Bottineau county, capital $10,000, surplus $2,000 and deposits $49,000 with L. M. DePue of, Minneapolis president, has closed and the Farmers State Bank of Halliday, capital $10,000, surplus $2,000 and deposits of $89,000, with Adam Hannah of Minneapolis president, has been placed on special trust deposit, it was announced by the state banking department.