Farmers Bank - Emerado, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 14, 1929
Location: Emerado, North Dakota (47.919, -97.365)

Metadata

Model: gpt-5-mini
Short Digest: 73e9b89b

Response Measures

None

Description

Article (1929-01-14) lists the Farmers Bank of Emerado among banks for which the state receiver is paying dividends, indicating the bank had closed and been placed in receivership. No article text describes a depositor run prior to suspension. Cause for suspension set to government_action (receiver).

Events (2)

1. January 14, 1929 Receivership

Newspaper Excerpt: Payment ... by the state bank receiver today ... depositors of ... the Farmers Bank of Emerado ... will be paid through office W. Conroy, district manager for the receiver
Source: newspapers

2. * Suspension

Cause: Government Action
Cause Details: Bank was closed and placed in receivership by the state (receiver paying dividends).
Newspaper Excerpt: the Farmers Bank of Emerado ... closed banks here. All will be paid through office W. Conroy, district manager for the receiver
Source: newspapers

Newspaper Articles (1)

1. January 14, 1929 Morning Pioneer Mandan, ND

Article from Morning Pioneer, January 14, 1929

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Article Text

DIVIDENDS FOR OF FOUR N. D. BANKS Bismarck, Payment four to deposiclosed state ced today by the state bank closed banks here. All will be paid through office W. Conroy, district manager for the receiver Devils Lake The dividends 10 per cent depositors of the State Bank, the Farmers State Bank Mapes, the Farmers Bank of Emerado, and the Karnak State Bank