Farmers State Bank - Hebron, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 4, 1926
Location: Hebron, North Dakota (46.901, -102.045)

Metadata

Model: gpt-5-mini
Short Digest: 088339f4

Response Measures

None

Description

Article (The Bismarck Tribune, 1926-02-04) reports the Farmers State Bank of Hebron as a closed bank with a receiver (L. R. Baird) paying a 20% dividend through a district manager. No run is mentioned; the bank is closed and in receivership and paying dividends, so classified as suspension leading to closure/receivership.

Events (1)

1. February 4, 1926 Receivership

Newspaper Excerpt: L. R. Baird, receiver for closed banks in the state of North Dakota, announced ... Farmers State bank of Hebron, N. D., 20 per cent; paid through E. S. DeLaney, district manager, at Bismarck.
Source: newspapers

Newspaper Articles (1)

1. February 4, 1926 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, February 4, 1926

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Article Text

OTHER CLOSED BANKS PAYING DIVIDENDS L. R. Baird, Receiver, Announces Payments by Four More Banks L. R. Baird of Bismarck, receiver for closed banks in the state of North Dakota, announced today that dividends are being paid by closed banks at Neche, Derrick, Church's Ferry and Hebron, as follows: Farmers State bank of Neche, N. D., 15 per cent; paid through C. W. Conroy, district manager, at Devils Lake. Farmers Bank of Derrick, N. D., 15 per cent; paid through C. W. Conroy, district manager, at Devils Lake. Farmers State bank, Church's Ferry, N. D., a second dividend of 15 per cent is being paid, which, with the first dividend of 10 per cent, makes a total of 25 per cent paid; dividend is being paid through C. W. Conroy, district manager, at Devils Lake. Farmers State bank of Hehron, N. D., 20 per cent; paid through E. S. DeLaney, district manager, at Bismarck.