Article (Apr 1, 1932) states the Forbes State Bank is closed and that a 25% dividend is being paid through the state receiver L. R. Baird. No run or prior suspension date is mentioned in the text; closure and receivership are explicit.
Events (1)
1.April 1, 1932Receivership
Newspaper Excerpt
A dividend of 25 per cent is being paid to depositors of the closed Forbes State bank, according to L. R. Baird, state receiver. Payment is being made through the office of P. A. O'Keefe, Bismarck.
Source
newspapers
Newspaper Articles (1)
1.April 1, 1932The Bismarck TribuneBismarck, Mandan, ND
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Article Text
DIVIDEND IS PAID A dividend of 25 per cent is being paid to depositors of the closed Forbes State bank. according to L. R. Baird, state receiver. Payment is being made through the office of P. A. O'Keefe, Bismarck.