Merchants State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: *
Location: Fargo, North Dakota (46.877, -96.790)

Metadata

Model: gpt-5-mini
Short Digest: 6de912ff

Response Measures

None

Description

Article (The Forum, 1927-02-12) is an OCR-corrupted legal notice titled BANK RECEIVER LOSES VERDICT and specifically references Merchants bank in connection with a receiver and a court action. That indicates the bank was in receivership (i.e., closed and in liquidation/receiver). The article does not describe a run or a suspension event explicitly, but the existence of a receiver implies permanent closure; therefore classified as suspension_closure. No clear dates for suspension/receivership or details on cause are given in the text extract.

Events (1)

1. * Receivership

Newspaper Excerpt: BANK RECEIVER LOSES VERDICT ... Merchants bank ... action was for the recovery ... and Merchants bank Lillie E. Hunter. The action was for the recovery of ... ownership ... 1,600 ... trial ... brought by ... against ... scheduled trial next Friday
Source: newspapers

Newspaper Articles (1)

1. February 12, 1927 The Forum Fargo, ND

Article from The Forum, February 12, 1927

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Article Text

BANK RECEIVER LOSES VERDICT Judge Buttz to Hear District Court Cases Here Next Week verdict for the defendant by in county Friday in the case the and Merchants bank Lillie E. Hunter. The action was for the recovery of in payments on cases county court Judge that Buttz the David ownership of 1,600 of paint, for to tried before been in district the county appeal trial Rothenberg The set Monday Both National and Pleason B. (Buck) will be tried next brought by Ostran der against Anton Johnson scheduled trial next Friday