Wahpeton State Bank - Wahpeton, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 5, 1929
Location: Wahpeton, North Dakota (46.265, -96.606)

Metadata

Model: gpt-5-mini
Short Digest: 212b6d72

Response Measures

None

Description

Article (1929-06-05) states L. R. Baird is receiver and that dividends (10% now, total 30%) are being paid to depositors. No run is described; bank is in receivership and paying liquidating dividends, indicating suspension and permanent closure.

Events (2)

1. June 5, 1929 Other

Newspaper Excerpt: A dividend of 10 per cent is being paid to the depositors of the Wahpeton State bank, making total dividends of 30 per cent paid by this bank, payment being made through A. E. Jones, district manager at Lisbon.
Source: newspapers

2. June 5, 1929 Receivership

Newspaper Excerpt: it is announced by L. R. Baird, receiver.
Source: newspapers

Newspaper Articles (1)

1. June 5, 1929 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, June 5, 1929

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Article Text

Wahpeton Bank Pays Another Dividend A dividend of 10 per cent is being paid to the depositors of the Wahpeton State bank, making total dividends of 30 per cent paid by this bank, payment being made through A. E. Jones, district manager at Lisbon. it is announced by L. R. Baird, receiver.