Farmers & Merchants State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 30, 1928
Location: Granville, North Dakota (48.268, -100.843)

Metadata

Model: gpt-5-mini
Short Digest: 80adccd5

Response Measures

None

Description

Article (Bismarck Tribune, 1928-03-30) refers to the bank as 'closed' and names L. R. Baird as receiver paying a dividend. No mention of a depositor run; evidence indicates the bank had been closed and placed in receivership and dividends are being paid.

Events (2)

1. March 30, 1928 Receivership

Newspaper Excerpt: it was announced here today at the office of L. R. Baird, receiver for closed banks. The dividend is being paid through the office of G. R. Van Sickle, district manager, at Minot.
Source: newspapers

2. March 30, 1928 Suspension

Cause: Government Action
Cause Details: Bank is closed and in receivership (L. R. Baird named receiver); payments handled through district manager at Minot.
Newspaper Excerpt: closed Farmers and Merchants State Bank of Granville
Source: newspapers

Newspaper Articles (1)

1. March 30, 1928 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, March 30, 1928

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Article Text

GRANVILLE BANK PAYS DIVIDEND First dividend of 10 per cent is being paid depositors of the closed Farmers and Merchants State Bank of Granville, it was announced here today at the office of L. R. Baird, receiver for closed banks. The dividend is being paid through the office of G. R. Van Sickle, district manager, at Minot.