12557. First State Bank (Regan, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
January 21, 1929
Location
Regan, North Dakota (47.158, -100.528)

Metadata

Model
gpt-5-mini
Short Digest
d82cef55

Response Measures

None

Description

Articles show the First State Bank of Regan was insolvent and a receiver (L. R. Baird) was appointed (notice dated Jan 21, 1929). No newspaper text describes a depositor run. The bank remained closed and the receiver later paid a dividend (Aug 1929). Classified as a suspension leading to closure/receivership.

Events (3)
1. January 21, 1929 Receivership
Newspaper Excerpt
L. R. BAIRD, Receiver. First publication on the 21st day of January, 1929.
Source
newspapers
2. January 21, 1929 Suspension
Cause
Government Action
Cause Details
Receiver L. R. Baird appointed for insolvent First State Bank (notice dated Jan 21, 1929)
Newspaper Excerpt
In the Matter of the Insolvency of the First State Bank, Regan, North Dakota... L. R. Baird, Bismarck, North Dakota, as Receiver of First State Bank, Regan, North Dakota
Source
newspapers
3. August 6, 1929 Other
Newspaper Excerpt
Payment of a 20 per cent dividend to depositors of the First State Bank of Regan is being made by L. R. Baird, receiver of closed banks.
Source
newspapers

Newspaper Articles (4)
1. January 21, 1929 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 21, 1929

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Article Text

NOTICE TO CREDITORS In the Matter of the Insolvency of the First State Bank, Regan, North Dakota. Notice is hereby given by the undersigned. L. R. Baird, Bismarck, North Dakota. as Receiver of First State Bank. Regan. North Dakota, to the creditors of said insolvent Bank and to all persons having claims against said insolvent Bank, to exhibit them and file them. with the necessary vouchers, with the undersigned Receiver at his office at Bismarck, within four months after the first publication of this Notice. If said claims are not so filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent Bank. Dated January 21. 1929. L. R. BAIRD. Receiver. First pùblication on the 21st day of January, 1929. 1/21-28; 2/4-11

2. January 28, 1929 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 28, 1929

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Article Text

NOTICE TO CREDITORS In the Matter of the Insolvency of the First State Bank, Regan, North Dakota. Notice is hereby given by the undersigned. L. R. Baird. Bisniarck, North Dakota, as Receiver of First State Bank. Regan, North Dakota, to the creditors of said insolvent Bank and to all persons having claims against said insolvent Bank, to exhibit them and file them. with the necessary vouchers, with the undersigned Receiver at his office at Bismarck. within four months after the first publication of this Notice. If said claims are not so filed, they will he barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent Bank. Dated January 21. 1929. L. R. BAIRD, Receiver. First publication on the 21st day of January, 1929. 1/21-28; 2/4-11

3. February 4, 1929 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, February 4, 1929

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Article Text

NOTICE TO CREDITORS In the Matter of the Insolvency of the First kota. State Bank, Regan, North DaNotice is hereby given by the undersigned, L. R. Baird, Bismarck, North Dakota, as Receiver of First State Bank, Regan, North Dakota, to the creditors of said insolvent Bank and to all persons having claims against said insolvent Bank, to exhibit them and file them," with the necessary vouchers, with the undersigned Receiver at his office at Bismarck, within four months after the first publication of this Notice. If said claims are not so filed, they will be barred from any participation in any dividends which may be paid by the Receiver from the assets of said insolvent Bank. Dated January 21, 1929. L R. BAIRD, Receiver. First publication on the S1nt day of

4. August 6, 1929 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, August 6, 1929

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Article Text

BANK PAYS DIVIDEND Payment of a 20 per cent dividend to depositors of the First State Bank of Regan is being made by L. R. Baird, receiver of closed banks. Payment is being made through the ofice of P. A. O'Keeffe, district manager for the receiver here.