Farmers State Bank - Strasburg, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 4, 1929
Location: Strasburg, North Dakota (46.134, -100.162)

Metadata

Model: gpt-5-mini
Short Digest: 6137a766

Response Measures

None

Description

Article (Bismarck Tribune, 1929-06-04) reports the Farmers State Bank of Strasburg is closed and in receivership; a 13 1/3% dividend paid, bringing total to 48 1/3%. No run is mentioned and no cause for the suspension is given in the text.

Events (1)

1. June 4, 1929 Receivership

Newspaper Excerpt: Strasburg Bank Pays Depositors Dividends Payment of a dividend of 13 1-3 per cent to depositors of the Farmers State bank of Strasburg was announced today by the receiver of closed state banks. The new payment brings the total paid to depositors of this bank to 48 1-3 per cent of their total claims. Payment is being made through P. A. O'Keefe, district manager for the roceiver here.
Source: newspapers

Newspaper Articles (1)

1. June 4, 1929 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, June 4, 1929

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Article Text

Strasburg Bank Pays Depositors Dividends Payment of a dividend of 13 1-3 per cent to depositors of the Farmers State bank of Strasburg was announced today by the receiver of closed state banks. The new payment brings the total paid to depositors of this bank to 48 1-3 per cent of their total claims. Payment is being made through P. A. O'Keefe, district manager for the roceiver here.