Farmers Bank of Mercer County

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 10, 1928
Location: Hazen, North Dakota (47.294, -101.623)

Metadata

Model: gpt-5-mini
Short Digest: e2d27cac

Response Measures

None

Description

Article (Nov 10, 1928) states the bank is closed and a receiver (L. R. Baird) is paying a 10% dividend to depositors — indicates the bank had been closed and placed in receivership. No mention of a prior run in the provided text.

Events (1)

1. November 10, 1928 Receivership

Newspaper Excerpt: A dividend of 10 per cent is being paid depositors of the Farmers Bank of Mercer county, Hazen, L. R. Baird, receiver of closed banks, announced today.
Source: newspapers

Newspaper Articles (1)

1. November 10, 1928 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, November 10, 1928

Click image to open full size in new tab

Article Text

BANK PAYS DIVIDENDS A dividend of 10 per cent is being paid depositors of the Farmers Bank of Mercer county, Hazen, L. R. Baird, receiver of closed banks, announced today. Payment is being made through the office of P.A. O'Keefe, district manager.