Article Text
Two North Dakota Banks Close Doors Bismarck, Nov. Friday the the bankThe State bank Mandan failed its doors after during was First of New Salem closed from its vaults. Both largely the group stockholders and directors.
12419. State Bank (Mandan, ND)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- November 7, 1931
- Location
- Mandan, North Dakota (46.827, -100.890)
Metadata
- Model
- gpt-5-mini
- Short Digest
3e0458ec
Response Measures
None
Description
OCR of the article is poor. The brief clipping reports two North Dakota banks close doors and specifically states the State Bank, Mandan failed its doors and closed. No run is described; closure appears permanent. I corrected obvious OCR errors in the snippet when interpreting meaning.
Events (1)
1.
November 7, 1931
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Article states the bank failed its doors and closed; mentions stockholders and directors, implying bank-specific failure rather than a rumor or general panic.
- Newspaper Excerpt
- Two North Dakota Banks Close Doors ... The State bank Mandan failed its doors ... closed from its vaults.
- Source
- newspapers
Newspaper Articles (1)
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