12201. Farmers & Merchants State Bank (Driscoll, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
July 26, 1926
Location
Driscoll, North Dakota (46.844, -100.141)

Metadata

Model
gpt-5-mini
Short Digest
174a567c

Response Measures

None

Description

Articles show the bank was declared insolvent and L. R. Baird was named receiver (notice to creditors published 1926-07-27). There is no mention of a depositor run in the provided items; subsequent notices through 1928 show the receiver foreclosing mortgages and suing on notes. Thus this appears to be a suspension/closure with receivership (government action) rather than a run-driven episode.

Events (2)
1. July 26, 1926 Receivership
Newspaper Excerpt
Dated, July 26, 1926. L. R. BAIRD, Receiver. First publication on the 27th day of July, 1926.
Source
newspapers
2. July 26, 1926 Suspension
Cause
Government Action
Cause Details
Bank declared insolvent and a receiver (L. R. Baird) was appointed; notice to creditors published July 27, 1926.
Newspaper Excerpt
Notice is hereby given by the undersigned, L. R. Baird, Bismarck, North Dakota, as Receiver on the Farmers and Merchants State bank, Driscoll, North Dakota...
Source
newspapers

Newspaper Articles (10)
1. July 27, 1926 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, July 27, 1926

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NOTICE TO CREDITORS In the, matter of the Insolvency of the Farmers and Merchants State bank, Driscoll, North Dakota. Notice is hereby given by the undersigned, L. R. Baird, Bismarck, North Dakota, as Receiver on the Farmers and Merchants State Bank, Driscoll, North Dakota, to the creditors of said insolvent bank and to all persons having claims against said insolvent bank to exhibit them and file them with the necessary vouchers, with the undersigned receiver at his office at Bismarck, within four months after. the first publication of this notice. If said claims are not SC filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent bank. Dated, July S6, 1926. L. R. BAIRD, Receiver. First publication on the 27th day of July, 1926. 7-27 8-3-10-17

2. August 3, 1926 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, August 3, 1926

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NOTICE TO CREDITORS in the matter of the insolvenev of the Farmers and Merchants State bank. Driscoll. North Dakota. Notice is hereby given by the undersigned, 1. R. Baird, Bismarck, North Dakota. as Receiver of the Parmers and Merchants State Bank, Driscoll. North Dakota, to the creditors of said insolvent bank and to all: persons having claims against said insolvent bank to exhibit them and file them with the necessary vouchers. with the undersigned recelver at his office at Bismarck. within four months after the first publication of this notice. If said claims are not so' filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent bank. Dated, July 26. 1926. L. R. BAIRD. Receiver. First publication on the 27th day of July, 1926. 7-27 8-3-10-17

3. April 30, 1927 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, April 30, 1927

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NOTICE OF CHATTEL MORTGAGE SALE. Notice is hereby given that de fault has been made in the condi tione of that certain Mortgage made by Jens Stenstadvold of the County of Burleigh, and State o North Dakota, Mortgagor to L. R Baird as Receiver of Farmers & Merchants State Bank of Driscoll County of Burleigh and State o North Dakota, Mortgagee, dated the 16th day of October, 1926, to secure the following indebtedness, to-wit One note dated October 16, 1926, fo $2187.50, due October 1, 1927, bear ing interest at the rate of 9% per annum from the date thereof unti paid; and which Mortgage was duly filed in the office of the Register of Deeds of Burleigh County, State of North Dakota, on the 2nd day 0: December, 1926, at 10:20 o'clock a m., and which default is of the following nature, to-wit: that tlie mortgagee has deemed himself in: secure and has elected to and does doclare the whole of said debt due and said mortgagor has failed and refused to pay said debt or any pari thereof; and that there is claimed to be due on said Mortgage at the date of this notice the sum of Two Thousand Two Hundred Ninetythree and 57/100ths Dollars for principal and interest. And that said Mortgage will be foreclosed by a sale of the personal property in such Mortgage and hereinafter described, at public auction, agreeably to the statutes in such case made and provided, at the front door of the postoffice at Driscoll, in the County of Burleigh, State of North Dakota, at the hour of two o'clock p. m. on Saturday, the 7th day of May, 1927, That the personal property which will be sold to satisfy said Mortgage is described as follows, to-wit: One 12 ft. Deering Push binder complete in good running order. One double row International Corn Cultivator, one wagon with box complete. One disc. One Fordson Tractor complete model 1924, Factory No. Six (6) Milch cows from 2 to years old, color red and white, be ing mostly shorthorns. One (1) roan Shorthorn bull coming 2 years old. Four (4) head of Duroc Jersey brood sows, together with all increase and increase of all increase of said livestock. Dated April 30, 1927. L. R. BAIRD, as Receiver of Farmers and Merchants State Bank of -Driscoll, H. A. KN JDTSON, Agent. Attorneys for Mortgagee, Bismarck, North Dakota. 4/30

4. September 8, 1927 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, September 8, 1927

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# NOTICE OF SPECIAL EXECUTION SALE. WHEREAS heretofore judgment and decree in mortgage foreclosure were duly entered on July 25th, 1927, in the office of the Clerk of the District Court for County of Burleigh, North Dakota, wherein Merchants and Manufacturers State Bank, of Minneapolis, Minn., by A. J. Veigel, Com. of Banks of the State of Minnesota, and W. A. Smith, Examiner in charge of liquidation of closed banks for state of Minnesota is plaintiff, and Elmer J. Anderson, Ebba H. Anderson and L. R Baird, as Receiver of Farmers and Merchants State Bank of Driscoll, N. D., are Defendants, and wherein it was adjudged and decreed that Plaintiff recover from Defendants, Elmer J. Anderson and Ebb H. Anderson, the sum of Fifteen Hundred Thirty-eight & 64/100 ($1538.64) DOLLARS, and decreeing that said claim is a valid first mortgage lien upon the real estate therein described, and that said real estate be sold to satisfy the same, and the said lien foreclosed thereby. NOW, THEREFORE, NOTICE IS HEREBY GIVEN that by virtue of a writ of special execution issued out of said Court and directed and delivered to me and now in my hands, and describing said judgment, I. the undersigned, Sheriff, shall offer for sale and sell at public auction to the highest bidder for cash the premises herein described and said sale will be held on the 10th day of September, 1927, at 2 p. m., at the front door of the Court House in the City of Bismarck, North Dakota, to satisfy said judgment and special eexcution. The real estate above mentioned and to be sold is situated in the County of Burleigh, and State of North Dakota, and is known and described as follows: All of Lot One (1) and North Twenty-three (23) feet of lot Two (2), in Block Eight (8), and all of Lots One (1), Two (2) and Three (3) in Block Ten (10) in First Addition to the Village of Driscoll, County of Burlegih and State of North Dakota, as per plat on file with the Register of Deeds in and for said County and State. Dated at Bismarck, North Dakota, this 3rd day of August, 1927. ROLLIN WEICH, Sheriff of Burleigh County, State of North Dakota. Dickinson and Johnson, Attorneys for Plaintiff, Minot, North Dakota. 8/4-11-18-25-9/1-8

5. December 13, 1927 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, December 13, 1927

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NEXT: Cherry plays one man against the other (Copyright, 1927, NEA Service, Inc.) NOTICE'OF CHATTEL MORTGAGE FORECLOSURE SALE. Notice is hereby given that that certain chattel mortgage executed and delivered by Joe Gerts, mortgagor, to L. R. Baird, as Receiver of Farmers and Merchants State Bank, Driscoll, North Dakota, mortgagee, dated the 8th day of November, A. D. 1926, and duly filed in the office of the Register of Deeds of Burleigh County, North Dakota, on the 10th day of November, A. D. 1926, is in default by virtue of the failure of the said mortgagor to pay the indebtedness thereby secured; and that there is due upon the said mortgage at the date of this notice the sum of Four Thousand Two Hundred Eighty-one and 27/100ths Dollars ($4281.27); and that said mortgage will he foreclosed by a sale of the personal property in such mortgage and hereinafter de. scribed at the farm of the said mortgagor, to-wit, the South Half (S½) of Section Ten (10, Township One Hundred Thirty-nine (139) North of Range Seventy-five (75) West of the Fifth Principal Meridian, in Burleigh County, North Dakota, on the 21st day December, A. D. 1927, at the hour of two o'clock p. m., the mortgagor having consented to the sale at said premises to 'satisfy the amount due on the said mortgage. The personal property described in said mortgage, and which will be sold to satisfy the same, Is described as follows, to-wit: Eight (8) horses and Seventeen cattle, three sows, and machinery, more particularly described as follows, towit: One Sorrel Gelding, 10 years old, weight 1600 lbs., named Major; One Sorrel Gelding, 9 years old, weight 1600 lbs., named Deck: One bay mare, 9 years old, weight 1200 lbs., named Nellie; One gray Gelding. 16 years old, weight 1200 lbs., named Joe; One black mare, 11 years old, weight 1200 lbs., named Maud; One sorrel mare, 16 years old, wight 1000 1bs., named Queen; One Sorrel Mare, 11 years old, weight 1400 lbs., named Queen; One black Gelding, 11 years old, weight 1400 lbs., named Dick; Nine (9) head of milch cows from 3 to 8 years old, being mostly all Shorthorns and nearly pure-bred Holstein, color being red. red and white, roan, black and white: Two (2) Heifers, Holstein, 2 years old; Two (2) Heifers, Holstein, one year old; One (1) Holstein Pure Bred Registered Bull coming three years old; Three (3) 1926 calves, Holstein calves; Three (8) head of Duroc Jersey brood sows, color red; One Moline drill, double disc complete; one Boss Harrow; 1 wide tire wagon complete, with box; 1 Moline corn cultivator: 1 dandem disc; 1 Minnesota binder complete with trucks; 1 Bardlay Mower complete; 1 Deering hay rake; 1 Dan stacker; 1 Dan Sweep rake; two header boxes; corn cultivator; Five sets of work harnesses complete; also collars for the above horses: International Gas Engine: Feed Mill; Fordson tractor. 1925 model complete with Oliver plows; 1 new Deere & Webber Cream separator; Machinery herein described is free from any encumbrances. The intent of this mortgage is to cover all cattle, horses, hogs and farm machinery with I now own or which I may hereafter acquire during the life of this mortgage or any renewal thereof, together with all increase and increase of all increase of said livestock until fully paid. Dated this 13th day of December, A. D. 1927. L. R. BAIRD, as Receiver of Farmers and Merchants State Bank, Driscoll, North Dakota, Mortgagee. By Zuger & Tillotson, Bismarck, North Dakota, Attorneys for said Mortgagee, 12/13

6. January 7, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 7, 1928

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cording to the U.S. Government Survey thereof. There will be due upon such mortgage at the date of sale the sum of Two Thousand Six Hundred and Sixty-three and 33/100ths Dollars ($2663.33). together with the legal fees and costs of foreclosure. Dated January 5, 1928. L. R. BAIRD as Receiver of Farmers and Merchants State Bank, Driscoll, North Dakota, mortgagee. ZUGER & TILLOTSON, Attorneys for Mortgagee, Bismarck. North Dakota. Jan. 7-14-21-28 Feb. 4-11 The 10th is the last day of discount on Gas bills.

7. May 22, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, May 22, 1928

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NOTICE OF MORTGAGE FORECLOSURE SALE. Notice is hereby given that that certain mortgage executed and delivered by J. C. Hallum, mortgagor, to L. R. Baird; as Receiver of Farmers & Merchants State Bank of Driscoll, North Dakota, mortgagee, dated the 31st day of August, 1926, and filed for record in the office of the register of deeds of the County of Burleigh in the State of North Dakota, on the 4th day of September, 1926, and duly recorded in Book 184 of Mortgages on page 132, will be foreclosed by sale of the premises in such mortgage and hereinafter described at the front door of the Court House at Bismarck, in the County of Burleigh, and State of North Dakota at the hour of two o'clock p. m., on the 28th day of June, A. D. 1928, to satisfy the amount due upon such mortgage on the day of sale. The premises described in such mortgage and which will be sold to satisfy the same are described as follows, to-wit: The East Half (E½) of Section Seventeen (17) Township One Hundred forty-four (144) North of Range Seventy-eight (78) West of the Fifth Principal Meridian, containing three hundred twenty (320) acres more or less according to the Government survey thereof. There will be due on such mortgage at the date of sale the sum of Two Thousand Seven Hundred Sevonty-three and 75/100ths Dollars ($2773.75), together with the legal costs and fees of foreclosure. Dated May 21, 1928. L. R. Baird as Receiver of Farmers & Merchants State Bank of Driscoll, Bismarck, North Dakota, mortgagee. ZUGER & TILLOTSON, Attorneys for Mortgagee, Bismarck, N. Dak. WITHING

8. June 5, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, June 5, 1928

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CIVIL CASES TRIED FIRST AT THIS TERM 24 Jurors Report This Morning-2 More SummonedTentative Schedule Fixed Trial of civil cases was commenced in Burleigh county district court this morning, following the roll call of jurors and the call of the calendar. Criminal cases will not be called until later in the term, reversing the usual order whereby criminal cases are tried first. Only 24 of the panel of 42 jurors were available for duty today, several having been excused and others not having been found by the sheriff. As a result Judge Fred Jansonius ordered another panel of 12 summoned immediately, and these will be drawn sometime today by the sheriff, county treasurer and clerk of court. Jurors who reported for duty this morning include L. H. Richmond, Adrian Asbridge, Joe Brown, A. Thysell, Tony Newgebauer, Dan McDonald, D. J. Warren, Henry A. Jones, P. R. Webb, H. E. Spohn, Tom Cayou and W. G. Worner, Bismarck; K. A. Ersland and W. F. Keeler. Driscoll; E. A. Trygg and Mrs. Jay De Long, Baldwin: Arthur Nelson. Wing; Geo. McMurrich, Brittin; Arnold Peterson, Braddock; Alto Uhde and Eddie Rasche, Regan; H. E. O'Neill, McKenzie; George McIntyre, Arena; Mrs. Bertha Ellison. tSerling. Galliger Arranged Ambrose H. Galliger was arraigned at the opening of today's session on a charge of usury. He was allowed the statutory time in which to enter his plea. Trial of the case of L. R. Baird as receiver of the Farmers & Merchants State bank. Driscoll, vs. M. Syverson was started shortly before noon. The receiver is suing to collect on a note which Syverson had in the Driscoll bank when it closed. The defendant does not deny the note. but claims that he'had a deposit in the bank which would offset the note. Other cases are tentatively scheduled for trial in the following order: L. R. Baird as receiver of Driscoll State bank vs. Chris Junkert. Oscar F. Swenson vs. C. M. Rosson. N. A. Freeburg vs. Interstate Transportation company. Robert Eisenbiesz vs. Henry Plath.

9. December 19, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, December 19, 1928

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SUMMONS State of North Dakota, County of Burleigh. In District Court, Fourth Judicial District. L. R. Baird, as Receiver of Farmers and Merchants State Bank of Driscoll, North, Dakota, Plaintiff, vs. Elick Larson, Defendant. The State of North Dakota to the above named Defendant: You are hereby summoned to answer the Complaint in the above entitled action, which will be filed in the office of the Clerk of the District Court of the Fourth Judicial District, in and for the County of Burleigh and State of North Dakota, and to serve a copy of your answer to the said Complaint on the subscribers within thirty days after the service of this summons upon you, exclusive of the day of such service. and in case of your failure to appear or answer. judgment will be taken against you by default for the relief demanded in the Complaint. Dated this 19th day of October, 1928. ZUGER & TILLOTSON. Attorneys for the Plaintiff. Residence and Post Office Address, Bismarck, North Dakota. 12/12-19-26; 1/2-9-16

10. March 25, 1930 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, March 25, 1930

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M'FARLAND OPENS MARCH SETS COURT TRIAL SUITS One Case Defaulted, Another Continued, and Third Is Transferred to July Court cases were set this morning for March term of district court when Judge R. G. McFarland returned to hear suits pending on the calendar from the December term. The term was devoted to jury trials and none of the actions for bench decisions were reached then. This afternoon the hearing of trials was started with No. 63, the suit of L. R. Baird as receiver of the Farmers and Merchants state bank of Driscoll against Elick Larson. Zuger and Tillotson represent the plaintiff and Hyland and Foster are appearing for the defence. Other cases set were: 64-L. R. Baird as receiver for the Bismarck bank against .P. E. Byrne and Belle D. Byrne. 39-Grabinger against Grabinger, transferred from McLean county, to be heard at 9:30 Wednesday morning. 8-W. C. Gehrke against American Railway Express company. 18-L. R. Baird as receiver of the Farmers Exchange bank of Sanger, against A. L. Garnes, L. Engen, John J. Hoff and Mrs. Lenie Leer. 28-Baldwin Piano company against J. G. Belanger. 40-William G. Hoerr against Emmett E. McDonnell. 50-Burleigh county against P. E. Byrne and Bell D. Byrne. 52-L. R. Baird as receiver for the Farmers State bank of Garrison against Eugene Spach, defendant, and William Gee garnishee. 60-A. B. Larson, as administrator of the estate of George Alderin, deceased, against National Surety company. 68-Oscar Anstrom, against John A. Johnson. 73-B. W. Graham, against Nellie Yager formerly Nellie Carey and all persons unknown having or claiming to have any interest in or lien or incumbrance upon the premises described in the complaint. 74-Fred Heidt, against Oscar Weitstock. 80-Emma Oster, against Jacob Oster. 83-Minnie Moffit Benz against William Benz. 115-Ruth Willoughby, against R.B. Willoughby. 121-R. M. Reinestson, against R. R. Rust, defendant, and First National bank of Bismarck, and the Provident Life Insurance company, garnishee. 128-American Travel and Hotel Director company against Parkinson and Jack. 135-H. J. McCollough against Blanche Leyben. 138-Lillian Cook against C. C. Hoskin. Case No. 98 as defaulted; No. 100 was continued; and No. 39 was transferred to the July calendar by stipulation.