Article Text
P. A. O'Kcefe, Bismarck, district manager for the receiver. A 10 per cent dividend is being paid to depositors of the Farmers State Bank of Lake Williams, bringing total payments to 85 per cent. O'Keefe is making this payment, also.
12381. Farmers State Bank (Lake Williams, ND)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- December 19, 1928
- Location
- Lake Williams, North Dakota (47.135, -99.615)
Metadata
- Model
- gpt-5-mini
- Short Digest
1ff797b2
Response Measures
None
Description
Article (Dec 19, 1928) reports a receiver paying a dividend to depositors of Farmers State Bank of Lake Williams, indicating the bank has been placed in receivership and is closed. No mention of a depositor run; cause of failure not specified in the article.
Events (2)
1.
December 19, 1928
Receivership
- Newspaper Excerpt
- P. A. O'Keefe, Bismarck, district manager for the receiver. A 10 per cent dividend is being paid to depositors of the Farmers State Bank of Lake Williams, bringing total payments to 85 per cent. O'Keefe is making this payment, also.
- Source
- newspapers
2.
*
Suspension
- Cause Details
- Article does not state the trigger or cause for suspension/closure; only indicates bank is in receivership and paying dividends.
- Newspaper Excerpt
- Implied by receivership and dividend payments; bank has been closed and placed in receivership.
- Source
- newspapers
Newspaper Articles (1)
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