Farmers & Merchants State Bank

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: January 1, 1908*
Location: North Powder, Oregon (45.028, -117.920)

Metadata

Model: gpt-5-mini
Short Digest: 8dbc4b79

Response Measures

None

Description

Article (Mar 5, 1908) states the Farmers and Merchants State Bank of North Powder suspended payments about 60 days earlier and will complete reorganization and reopen soon. No explicit run is mentioned and no cause for the suspension is given in the excerpt.

Events (2)

1. January 1, 1908* Suspension

Cause Details: Article does not state a reason for the suspension; only notes it suspended payments about 60 days earlier.
Newspaper Excerpt: the Farmers and Merchants State bank, which suspended payments about 60 days ago
Source: newspapers

2. March 5, 1908 Reopening

Newspaper Excerpt: the Farmers and Merchants State bank ... will complete reorganization and re-open its doors soon
Source: newspapers

Newspaper Articles (1)

1. March 5, 1908 East Oregonian : E.O Pendleton, OR

Article from East Oregonian : E.O, March 5, 1908

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Article Text

North Powder Bank to Reopen. The North Powder News takes pleasure in announcing, on the authority of the assignee, Mr. Meyers, that the Farmers and Merchants State bank, which suspended payments about 60 days ago, will complete reorganization and re-open its doors soon, says a La Grande paper. Although at this writing the exact date is not definitely decided, the