12271. Farmers Bank (Golden Valley, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 1, 1928*
Location
Golden Valley, North Dakota (47.291, -102.065)

Metadata

Model
gpt-5-mini
Short Digest
a5227d35

Response Measures

None

Description

Articles from Jan 1928 refer to L. R. Baird (receiver) of the Farmers Bank of Golden Valley and a civil action; by July 18, 1928 the closed bank (under receiver) is paying a dividend to depositors. There is no mention of a depositor run in the articles. OCR shows slight name spelling variations (Baird/Bird/Laird); I use 'Baird' as in two articles but this does not change bank identity.

Events (3)
1. January 1, 1928* Suspension
Cause Details
Bank was placed in receivership (insolvency/closure) and is party to civil actions; articles do not describe a depositor run or specific trigger.
Newspaper Excerpt
L. R. Baird as receiver of Farmers Bank of Golden Valley vs. Des Moines Life & Annuity company.
Source
newspapers
2. January 7, 1928 Receivership
Newspaper Excerpt
L. R. Baird as receiver of Farmers Bank of Golden Valley vs. Des Moines Life and Annuity company, a civil action, is being tried today.
Source
newspapers
3. July 18, 1928 Other
Newspaper Excerpt
Closed Bank Pays First Dividend A first dividend of 10 per cent is being paid to the depositors of the Farmers Bank of Golden Valley, N. D., payment being made through P. A. O'Keefe, district manager, at Bismarck, L. R. Laird, receiver, said today.
Source
newspapers

Newspaper Articles (3)
1. January 7, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 7, 1928

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Article Text

# JURY UNABLE TO # REACH VERDICT Still Deliberating on Pedfergonia Case-Mr. and Mrs. Kurki Plead Guilty Unable to reach an agreement, the jury which heard the evidence in the case of the state vs. Jack Pedfergonia, charged with engaging in the liquor traffic, was still out at press time this afternoon, having been in deliberation for more than 24 hours. The case went to the jury early yesterday afternoon and the jurors remained in session all night. Mr. and Mrs. John Kurki, charged with keeping and maintaining a common nuisance, second offense, withdrew their plea of not guilty yesterday afternoon after part of the evidence had been taken and, with the permission of the court and the state's attorney, pleaded to guilty to keeping and maintaining a common nuisance, first offense. They will be sentenced Tuesday morning at 9:30, along with several others who have pleaded guilty or been convicted during the present court term. # Next Week's Calendar No other cases being ready for trial today, the jurors were excused until 9:30 a. m., Tuesday, when trial of civil cases will get under way. Cases have been tentatively set for trial in the following order: L. R. Beird as receiver of Farmers Bank of Golden Valley vs. Des Moines Life & Annuity company. J. O. Henricks and A. M. Landgren, Bismarck Tire and Auto company, vs. J. I. Roop, H. W. Voight and L. E. Malard. R. F. Jager vs. Woodrich Construction company. R. H. G. Whatley vs. Hartford Accident and Indemnity company. William Brown vs. Fred Urbach. Burkhart vs. Sailer. C. C. Hibbs vs. T. G. O'Hare. State vs. Anderson. L. J. Wehe vs. G. W. Snyder, P. J. Engeseth, Mrs. P. J. Engeseth and Burleigh county. Company A vs. Edmond A. Hughes, et al.

2. January 10, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 10, 1928

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Article Text

# LIQUOR LAW # VIOLATORS # SENTENCED Mrs. Robidou and William Miller Each Given One Year in Penitentiary Mrs. Flora Robidou and William Miller were each sentenced to one year in the state penitentiary this morning by Judge J. A. Coffey in Burleigh county district court. They had been convicted during the present term of court of engaging in the liquor traffic, and the violations were second offenses for both. Others convicted or who pleaded guilty to liquor law violations during this term were sentenced this morning as follows: Charles Meyer, four months in jail, fine of $200 and costs; Oliver Vold, six months in jail, fine of $200 and costs; Mr. and Mrs. John Kurki, one year in jail and fines of $200 and costs, each. The judge specified that Mr. Kurki would remain in jail from the present time until April, after which he is to be released and Mrs. Kurki is to begin her sentence. The case of L. R. Baird as receiver of the Farmers Bank of Golden Valley vs. Des Moines Life and Annuity company, a civil action, is being tried today.

3. July 18, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, July 18, 1928

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Article Text

Closed Bank Pays First Dividend A first dividend of 10 per cent is being paid to the depositors of the Farmers Bank of Golden Valley, N. D., payment being made through P. A. O'Keefe, district manager, at Bismarck, L. R. Laird, receiver, said today.