Article Text
BANK PAYING 10 PER CENT A dividend of 10 per cent is being paid to the depositors of the Security State bank of New England, payment being made through P. A. O'Keefe, district manager at Bismarck, L. R. Baird, receiver. announces.
12506. Security State Bank (New England, ND)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- state
- Start Date
- November 11, 1929
- Location
- New England, North Dakota (46.539, -102.868)
Metadata
- Model
- gpt-5-mini
- Short Digest
79616204
Response Measures
None
Description
Article (Nov 11, 1929) reports a 10% dividend being paid to depositors through the district manager and L. R. Baird, receiver. Indicates the bank had been placed in receivership and is distributing funds. No mention of a run; bank is closed and in receivership.
Events (1)
1.
November 11, 1929
Receivership
- Newspaper Excerpt
- A dividend of 10 per cent is being paid to the depositors of the Security State bank of New England, payment being made through P. A. O'Keefe, district manager at Bismarck, L. R. Baird, receiver. announces.
- Source
- newspapers
Newspaper Articles (1)
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