12629. Tuttle State Bank (Tuttle, ND)

Bank Information

Episode Type
Suspension → Closure
Bank Type
state
Start Date
May 17, 1928
Location
Tuttle, North Dakota (47.144, -99.995)

Metadata

Model
gpt-5-mini
Short Digest
4192890f

Response Measures

None

Description

Articles (May and Dec 1928) describe the Tuttle State Bank as a closed state bank being handled by L. B. Baird, receiver, and paying dividends to depositors. No run is mentioned; the bank is in receivership and paying dividends, indicating a suspension that resulted in permanent closure.

Events (2)
1. May 17, 1928 Receivership
Newspaper Excerpt
closed Tuttle State bank ... according to L. B. Baird, receiver of closed banks. The dividend is being paid through the office of P. A. O'Keefe, district manager, at Bismarck Closed Banks Are Paying Depositors are being paid to the depositors of two closed state banks, the receiver of closed state banks announced today. A 30 per cent dividend is being paid to depositors of the Tuttle State Bank. making the total to date 50 per cent. Payment is being made by
Source
newspapers
2. May 17, 1928 Suspension
Cause
Government Action
Cause Details
Bank was closed and placed in receivership (receiver L. B. Baird) resulting in suspension of operations.
Newspaper Excerpt
A first dividend of 20 per cent is being paid by the closed Tuttle State bank at Tuttle, according to L. B. Baird, receiver of closed banks.
Source
newspapers

Newspaper Articles (2)
1. May 17, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, May 17, 1928

Click image to open full size in new tab

Article Text

TUTTLE BANK PAYS DIVIDEND A first dividend of 20 per cent is being paid by the closed Tuttle State bank at Tuttle, according to L. B. Baird, receiver of closed banks. The dividend is being paid through the office of P. A. O'Keefe, district manager, at Bismarck

2. December 19, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, December 19, 1928

Click image to open full size in new tab

Article Text

Closed Banks Are Paying Depositors Dividends are being paid to the depositors of two closed state banks, the receiver of closed state banks announced today. A 30 per cent dividend is being paid to depositors of the Tuttle State Bank. making the total to date 50 per cent. Payment is being made by