Article (Bismarck Tribune, 1924-01-26) reports the Farmers and Merchants State Bank of Steele is suspended and that efforts are being made to reorganize it. No run is mentioned. Reorganization language suggests intent/possibility of reopening, so I classify as suspension_reopening. Outcome not confirmed in provided text.
Events (1)
1.January 26, 1924Suspension
Cause Details
Article does not state a cause for the suspension; only that the bank is suspended and reorganization efforts are underway.
Newspaper Excerpt
Efforts are being made to reorganize the suspended Farmers and Merchants State Bank of Steele, according to Charles Liessman, states attorney of Kidder county, who was here yesterday.
Source
newspapers
Newspaper Articles (1)
1.January 26, 1924The Bismarck TribuneBismarck, Mandan, ND
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Article Text
TO REORGANIZE STEELE BANK Efforts are being made to reorganize the suspended Farmers and Merchants State Bank of Steele, according to Charles Liessman, states attorney of Kidder county, \ who was here yesterday.