First State Bank - Dogden, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 20, 1928
Location: Dogden, North Dakota

Metadata

Model: gpt-5-mini
Short Digest: d696cdf0

Response Measures

None

Description

Article (Bismarck Tribune 1928-02-20) reports the First State Bank of Dogden is in receivership and paying a 10% dividend to depositors through the receiver's district manager. No run is mentioned; the presence of a receiver indicates the bank suspended and was placed in receivership (closure).

Events (3)

1. February 20, 1928 Other

Newspaper Excerpt: the State Bank of New Salem, bringing the total paid to depositors in that institution to 50 per cent. Payments to the depositors of each institution are being made through the office of P. A. O'Keeffe, district manager for the receiver here. A 10 per cent dividend is being paid to depositors of the First State Bank of Dogden, payment being made through J. P. Reeve, district manager for the receiver at Burlington.
Source: newspapers

2. February 20, 1928 Receivership

Newspaper Excerpt: payment being made through J. P. Reeve, district manager for the receiver at Burlington. A 10 per cent dividend is being paid to depositors of the First State Bank of Dogden, payment being made through J. P. Reeve, district manager for the receiver at Burlington. Payments to the depositors of each institution are being made through the office of P. A. O'Keeffe, district manager for the receiver here. A 10 per cent dividend is being paid to depositors of the First State Bank of Dogden, payment being made through J. P. Reeve, district manager for the receiver at Burlington.
Source: newspapers

3. February 20, 1928 Suspension

Cause: Government Action
Cause Details: Bank placed in receivership; payments being made through district manager for the receiver.
Newspaper Excerpt: A 10 per cent dividend is being paid to depositors of the First State Bank of Dogden, payment being made through J. P. Reeve, district manager for the receiver at Burlington.
Source: newspapers

Newspaper Articles (1)

1. February 20, 1928 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, February 20, 1928

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Article Text

the State Bank of New Salem, bringing the total paid to depositors in that institution to 50 per cent. Payments to the depositors of each institution are being made through the office of P. A. O'Keeffe, district manager for the receiver here. A 10 per cent dividend is being paid to depositors of the First State Bank of Dogden, payment being made through J. P. Reeve, district manager for the receiver at Burlington.