12318. Havana State Bank (Havana, ND)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
November 25, 1930
Location
Havana, North Dakota (45.950, -97.619)

Metadata

Model
gpt-5-mini
Short Digest
c4a80800

Response Measures

None

Description

Articles report the Havana State Bank closed on Nov. 25 (inferred as 1930 given newspaper date) and reopened July 2, 1931. A district bank receiver was involved in reopening; no run or depositor panic is described.

Events (2)
1. November 25, 1930 Suspension
Cause
Government Action
Cause Details
Bank closed November 25 and a district bank receiver (E. Jones) was later involved; closure appears to have led to receivership/official action.
Newspaper Excerpt
The bank, which closed Nov. 25, last, reopened with about a 75 per cent reserve, Mr. Semingson said.
Source
newspapers
2. July 2, 1931 Reopening
Newspaper Excerpt
Reopening of the Havana State bank in Sargent county was announced today by Gilbert Semingson, state bank examiner. The bank, which closed Nov. 25, last, reopened with about a 75 per cent reserve, Mr. Semingson said.
Source
newspapers

Newspaper Articles (2)
1. July 2, 1931 The Bismarck Tribune Bismarck, ND
Article from The Bismarck Tribune, July 2, 1931

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Article Text

Havana State Bank Reopened Thursday Reopening the Havana State bank Sargent county nounced Thursday Gilbert ingson, state examiner. The bank, which closed last, reopened about per lauded the efforts Jones, bank and the board directors the bank. directors work, he said, about the reopening. PIONEER Minneapolis, Dwyer, the developbusiness and resident Minneapolis for years Tuesday night his here.

2. July 3, 1931 The Forum Fargo, ND
Article from The Forum, July 3, 1931

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Article Text

HAVANA BANK IS RE-OPENED Bismarck, N. D., July 2.-(AP)Reopening of the Havana State bank in Sargent county was announced today by Gilbert Semingson, state bank examiner. The bank, which closed Nov." 25, last, reopened with about a 75 per cent reserve, Mr. Semingson said. Mr. Semingson lauded the efforts of E. Jones, Lisbon, district bank receiver, and the board of directors of the bank. Receiver and directors did commendable work, he said, in bringing about the reopening.