12496. State Guaranty Bank (Mott, ND)

Bank Information

Episode Type
Run → Suspension → Reopening
Bank Type
state
Start Date
January 1, 1927*
Location
Mott, North Dakota (46.373, -102.327)

Metadata

Model
gpt-5-mini
Short Digest
1c8f6bee

Response Measures

Full suspension, Books examined

Description

Two near-identical articles (OCR variants) from Jan 14, 1927 report a run the previous week; officers closed the bank to stop the run, state examiners checking, and an early reopening expected. Exact dates of the run/suspension are not given in the text, so month-only dates are used. No specific cause described beyond a run (likely rumor/nervousness).

Events (3)
1. January 1, 1927* Run
Cause
Rumor Or Misinformation
Cause Details
Article mentions a run occurred last week but gives no specific adverse bank information or external shock; likely driven by rumors/nervousness.
Measures
Bank officers closed its doors to stop the run.
Newspaper Excerpt
The bank was closed when run was started on it last week and the bank officers closed its doors to stop the run.
Source
newspapers
2. January 1, 1927* Suspension
Cause
Rumor Or Misinformation
Cause Details
Bank officers closed the doors in response to the run; closure appears precautionary while state examiners check the institution.
Newspaper Excerpt
The bank when run was started on last week and the bank officers closed its doors to stop the run.
Source
newspapers
3. January 14, 1927 Reopening
Newspaper Excerpt
CLOSED BANK TO REOPEN SHORTLY INDICATED TODAY ... An early reopening of the State Guaranty bank expected here as state examiners begin checking up the institution ... The bank is said to be in good condition.
Source
newspapers

Newspaper Articles (2)
1. January 14, 1927 Morning Pioneer Mandan, ND
Article from Morning Pioneer, January 14, 1927

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Article Text

MOTT CLOSED BANK TO REOPEN SHORTLY INDICATED TODAY By Staff Correspondant Moth, N. D., Jan. 14-An early re opening of the State Guaranty bank expected here as state examiners begin checking up the institution The bank when run was started on last week and the bank officers closed its doors to stop the run. The bank said to be in good condition. Epworth League Social The Epworth League is giving its annual social and this evening at the church and record attendance expected.

2. January 14, 1927 Morning Pioneer Mandan, ND
Article from Morning Pioneer, January 14, 1927

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Article Text

MOTT CLOSED BANK TO REOPEN SHORTLY INDICATED TODAY By Staff Correspondant Mott. D., early reopening of the State Guaranty bank expected here as state examiners begin checking up the institution The bank was closed when run was started on it last week and the bank officers closed its doors to stop the run. The bank is said to be in good Epworth League Social The Epworth League is giving its annual social and entertainment this evening at the Methodist church and record attendance is expected.