Bank of Commerce (Forsyth, MT)

Episode Information

Episode UID
3266121091504
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
326612109 hash
Start Date
April 9, 1925
Location
Forsyth, Montana (46.266, -106.678)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c9a8dd266c60eaf8

Response Measures

None

Description

Multiple articles refer to the bank as defunct with a receiver and court-approved settlements.

Events (1)

1. April 9, 1925 Receivership
Newspaper Excerpt
District Judge G. J. Jeffries has signed an order authorizing D. J. Muri, receiver of the Bank of Commerce at Forsyth to pay a 5 per cent dividend.
Source
newspapers

Newspaper Articles (10)

Article from Belt Valley Times, April 9, 1925

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Foreyth Bank to Pay Dividend District Judge G. J. Jeffries has signed an order authorizing D. J. Muri, receiver of the Bank of Commerce at Forsyth to pay a 5 per cent dividend. The order provides that the payment be held in abeyance until the complaints in Intervention filed by Mrs. Margaret Young. a stockholder, are disposed of.


Article from The Bozeman Courier, February 5, 1926

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# 2 MILL EDUCATIONAL LEVY PASSED IN 1920 IS UNCONSTITUTIONAL; STATE TREASURER PAYS FARM HAIL LOSSES As the result of disclosures made in the examination off Sanders county books by a deputy state examiner A. E. Williamson showing that three commissioners charged the county $8 a day for their services as foremen of road construction assistant to surveyors on county roads and bosses of road grading crews, ouster proceedings have been filed at Thompson Falls. The commissioners are W. B. Russell and Hugh R. Stephens of Plains and F. E. Beers of Tuscor. In the opinion of the attorney general's office, as expressed to the supreme court, the measure which was voted by the people in 1920 to provide a mill and a half tax for operation of the University of Montana, is unconstitutional. In his argument contesting the application for an injunction against the state board of examiners the effect of which would be to place all proceeds of the levy at the disposal of the university, A. H. Angstman, assistant attorney general, raised several constitutional questions. He pointed out that upon the present valuation of Montana the constitution limits the levy to 2 mills. By an initiative act, the people attempted to make the levy 3 1-2 mills whereas, he insisted a question of constitutional amendment must originate in the legislature. An invitation to carry his case to the state supreme court seems to be contained in an award of the Montana industrial accident commission to Bob Dozen, miner, injured March 3, 1922, while in the employ of the East Butte Copper Mining company. Dozen is awarded total liability damages of $2,898, from which the company is allowed to deduct $2,898 heretofore paid, leaving a balance of $373. His original injury consisted of a fractured jaw, fracture and dislocation of the right ankle and fractured left ankle. The ankle injury left him with a shortened right leg and the dislocation did not come properly into place so that there has resulted an inflammation of the bone. The award suggests that he return to the company's hospital and submit to the amputation of the affected limb and to such other treatment as is necessary, at the company's expense. Forty-five thousand dollars surplus in the state hail insurance fund for 1925 is being used to pay warrants registered by the department in 1923. Warrants up to and including number 122,771, are being called by State Treasurer W. E. Harmon. According to certain sections of the federal statutes a vested interest in public lands to a right of way for an irrigating ditch is not secured until the ditch is completed, and thereby C. N. Mannis, in his suit against Powell county to restrain it from interfering with his ditch across a public highway, held no title to the ditch right of way. Persons contracting with a municipal corporation must at their peril inquire into the statutory power of the corporation or its officers to make the contact, maintains the supreme court in quoting a general and fundamental principle of law, in an opinion handed down in which it affirms the judgment of the district court of Lewis and Clark county by which the action of Galen D. Pue against the county of Lewis and Clark was nonsuited. All property owned by a person at the time of his death, including gifts, or transfers previously made by him but which are to become effective at the time of his death, is subject to taxation under the state inheritance tax law, according to an opinion of the supreme court handed down in the Silver Bow county appeal case of the executors of the will of Joseph E. Oppenheimer, deceased, against the state of Montana, the state board of equalization and the county of Silver Bow. Property of a stockholder in an insolvent bank is not subject to attachment at the time of the issuance of summons in an action for the enforcement of the stockholder's liability, according to an opinion of the supreme court handed down in the Rosebud county suit of the receiver of the Bank of Commerce of Forsyth, against Margaret Young. The fish and game fund showed a balance of $96,458.90 on Jan. 1, according to financial statement furnished Game Warden Robert H. Hill, by David Marks, the department's auditor. The biological fund of the same department contained $11,033.50 on the same date and this balance after the game commission paid $500 to the state bounty fund which it is required to do on each year under the provisions of a law passed by the last legislature. Increase in the number of cattle in Montana is reflected in a distribution table just completed by D. R. Cloan, chief clerk for the state board of equalization, covering state taxes assessed in 1925 to the 56 Montana counties. In 1924 the three-mill livestock head tax assessment amounted to $55,756. Last year the assessment reached $56,947, an increase of $1,191. Beaverhead county led with an assessment of $2,704 for this purpose, with Mineral county's contribution of $47 last on the list.


Article from Roundup Record-Tribune, July 12, 1928

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Local and Personal That his brother, R. A. Parkinson, who recently returned from Cuba, was the victim of an automobile accident in California that sent him to the hospital with a broken leg is the information brought last Saturday by E. J. Parkinson, surveyor of Petroleum county, who stopped over in Rountlup enroute to Billings. He also reported that his sister, Mrs. C. A. Renshaw, is now visiting in California and may stop in Roundup on her way back to her home in Miami Beach where Mr. Renshaw is city manager. Crops in the Winnett country Mr. Parkinson said are in fine condition with the prospect for big yield. Ms. Car Owner: Any person who has the nerve to ask you for free ride to Billings or Lewistown will sue you if you have an accident on the trip.-Adv. A patrol of Roundup Boy Scouts will leave next Sunday to join Billings Scouts in an outing of two weeks in the Beartooth mountains, according to present plans. The patrol will include George Dorris Jr., Harold McLachlan, Jack McLean, John Graves, Edwin Buteux and Lester Greener. The Billings delegation will consist of 27 Scouts and they will be attended by a supervisor in addition to the scoutmasters. I build or repair foundations or do any kind of cement work at reasonable price, A poor foundation may destroy your home. "A stitch in time saves nine." V. Paganini. Dick Baker of Lewistown, Republican candidate for state treasurer, visited with friends in Roundup last Saturday and was given cordial welcome. As a member of the Lewistown Golf club he has come to Roundup frequently and as a pioneer of eastern Montana he is well known to a large number of persons in Musselshell county who are proud to call him friend. White Garage-Day and night service. First street west. There is a big acreage of wheat in the Fattig creek district and the grain is in excellent condition, according to Ben C. Steele, who was a business visitor in Roundup last Saturday. The Fattig country has received its usual amount of moisture this year and so far has been free from visitation by hail or other unkindly circumstance. Bathing suits for the whole family from 2 year to size 46, 58c and up. Wonder store. Mr. and Mrs. W. I. Patterson returned last Thursday from St. Paul where she had visited relatives for several months, and he is again on duty at the city office of the Continental Telegraph company. For Rent-Three room modern furnished apartment; also two room furnished apartment. John Lissman. T. A. Berkin was elected to succeed himself as a director of the Flatwillow Community hall association at the recent meeting and Ivan Markland and Vern Porter were chosen to serve with him. At a meeting of the directors Mr. Berkin was elected president of the association for the coming year. The hall was burned two years ago and re-built 1.75 but at the meeting it was reported that the association is now out of debt and with money in the treasury. Dr. J. H. Johnston, dentist; rooms 113 114. Pappas and Loucas block. Members of the state board of equalization were in Roundup on Tuesday for a conference with Assessor E. E. Zinn and other county officials. proceeding later to Miles City for a hearing in connection with service rendered by the Montana-Dakota Power company. Members of the board on the trip are James H Stewart. chairman, E. C. Carruth and Dan J. Muri. Complete line of radio supplies. Willard Service Station. Mr. and Mrs. Otto Stenerson returned last Saturday from attending the convention of the Montana State Federation of Postal Clerks at Livingston. Mr. and Mrs. John H. Sheldon returned on Monday from Billings where he attended the convention of the Montana State Federation of Carriers, the social feature of which was a banquet Sunday night. Water sets, twenty styles to choose from $1.50 to $11.75 per set. Wonder store. Mrs. Earl Ogle, who visited in Great Falls last week, returned Saturday accompanied by Mr. and Mrs. Roy Foerschler and family, former residents of Roundup. Mr. Foeschler and the two older boys returned to Great Falls Sunday while Mrs. Foerschler and the two younger children remained for a weeks' visit at the Ogle home. Turn to page 6 and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlements of the bank receiver, agreed to and O'Ked by the district judge, G. J. Jeffries. (Paid Adv). Horse, wagon and harness for sale cheap. Inquire at the Express office. Mike Waldin, who assisted in sinking the old No. 1. mine south of the city, returned to Roundup on Monday after an absence of 19 years and was agreeably suprised to find number of his friends of that early day, among them the Kibbles, Fletchers and other employes of the Republic Coal company. His stay was brief, however. and he departed for his home Tuesday night. Turn to page and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlements of the bank receiver, agreed to and O'Ked by the district judge, G. J. Jeffries. (Paid Adv). Keds, just the thing to wear on the feet in summer time: all sizes and kinds 75c and up. Wonder store. A seven pound trout was the piece de resistance at the meeting of the Lions club Tuesday The fish was caught last Saturday by F. L. Dye in Lake Oxoloto, above Virginia City with Swastika tackle and was displayed Monday in the Swastika window where it attracted much attention. Read on page 12 what supreme court justice thought of George A. Horkan, candidate for Republican nomination for district judge. (Adv). The most practical kind of shoe economy. Toe comfort, good styles, exceptional materials, dependable workmanship, narrow lasts. At price that means real economy. The Economy Shoe Shop. McCall's Autumn quarterly now on sale 25c. Wonder store. Take all of the comforts common in shoes. Take away all of the discomforts the result is an Economy Shoe Shop Shoe. A fancy collar for every dress in your wardrobe. Wonder store. TO-DAY'S MARKETS Minneapolis opening, furnished "by the Roundup Elevator company: No. hard spring $1.05 Dark northern 1.03 Northern spring 1.01 Dark hard winter .97 Hard winter Amber durum .88 Oats, per cwt., $1.60 to Premium-Ten cents for 12 per cent protein and 7 cents for each additional one-half per cent.


Article from Hysham Echo, July 12, 1928

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VERDICT AGAINST GROWERS (Continued from Page 10 marketing contract as to all of its terms, and offered to sanction the same if the sugar company would make another contract with it for three or for years on the defendent's own terms, and the sugar company refused to do so, and the association still refuses to release, the plaintiff was released from his obligations for the year 1928." The court immediately after rendering its decision went into its summer recess so that an application for a rehearing on either side coula not be considered until September when the tribunal again convenes. Turn to page 8 and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlements of the bank receiver, agreed to and O'Kd by district judge, G.J. Jeffries. Paid ad


Article from Hysham Echo, July 12, 1928

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LOCAL AND PERSONAL Mr. and Mrs. M. M. Merritt spent Sunday with their son, M. I. Merritt in Billings. Mr. and Mrs. J. C. Sheffer of Sanders left Friday for a month's visit with relatives in Findlay, Ohio. J. C. Lyndes, attorney with the attorney generaFs department, Helena visited his brother W. C. Lyndes here Wednesday. E. K. Bowman of Helena, chairman of the state hail insurance board, visited Hysham Wednesday. Mr. Bowman went up the Sarpy valley from here and is said to be looking over the crop situation. Con Williams of Hysham, who was reported seriously injured during the rodeo at Lee July 4, is recovering rapidly and able to walk. He remained unconscious for 24 hours after he was thrown and dragged by a wild horse last week. Mr. and Mrs. C. M. Jacobs are entertaining his sisters and brothers and holding a reunion of the family at the Jacobs home here, the first in many years. Those present are: Byron Jacobs and daughter Elnor of Lewiston, Idaho; Mrs. N. J. Bothne of New Rockford, N. D., and Mrs. Emma Chandler of Absher, Montana. George Mauro of Big Horn, is in town and will remain here during the base ball season and do the pitching for the home team. George was at Wenachee, Wash., when telegraphed for last week to pitch for Hysham against Billings. He arrived in that city Saturday night, and without having played a game this year, held the Billings team down to seven hits in a 3 to game. Mr. and Mrs. C .E. Sweetser and Glenn Kimball drove to Billings Wednesday. Mrs. Bert Jackson of Sanders ,was taken to the hospital at Forsyth Sunday suffering from a serious illnness. Fred McKay of the Old Union Bank and Trust company, Spokane, was in Hysham Wednesday looking after his bank's real estate interests here. Mr. and Mrs. W. O. Gass have had as guests the past week James E. Gass, sons Virgil and Glenn, and Mr. and Mrs. Price Gass and Christine of Pullman, Wash. Mr. and Mrs. Price Gass expect to locate in Montana again. Blanche Isabel Baty was united in marriage Sunday at the home of her mother, Mrs. Baty, in Missoula to Joseph Strolp. They will make their home at Hennessey, Okla. Miss Baty made a host of friends here during the 1927-28 school year while teaching in the high school. Mrs. J. C. Gamble went to Billings Wednesday with her two daughters, Arline and Dorothy, for medical treatment by Dr. Allard. Operations are to be performed on both children, Arline for straightening of one foot, and Dorothy for a hip trouble. The children must remain in the hospital from four months to a year. Mr. and Mrs. John Stiner of Mout, N. D., spent Sunday and Monday with Mr and Mrs. M. Zent. Mr. and Mrs. Stiner were on their way home from a visit to the coast and Yellowstone park. They were delighted with the crops in Treasure county, so much so that Mr. Stiner declared before he left that he would go home and close out his holdings as soon as possible and come to Montana to stay. For sale-Portable sawmill- Merle Miller. (34-36P) CAMPBELL SALE CALLED OFF The W. O. Campbell auction sale, which was to have taken place July 21, has been called off, Mr. Campbell having sold his entire herd of 31 cows calves, steers and heifers for $1,465, or an average of $47 per head. The first sale, advertised for July 7, was postponed on account of rain. A church in California was built from the wood sawed from one redwood tree. Totals 31 24 16 7 Turn to page 8 and read what the Keene Motors, AB R HPO A E depositors of the defunct Bank of O'Donnell, If 312210 Commerce at Forsyth, Montana, have Ruffcorn, 2b 401100 to say about the settlements of the Daylis, 2b 411120 bank receiver, agreed to and O'Kd by Backman, SS 301031 district judge, G.J. Jeffries. Paid ad


Article from Hysham Echo, July 12, 1928

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Two masked men held up and robbed a street car motorman of $36.60 and approximately 300 street car tickets in Butte Saturday morning. Turn to page 8 and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlemnts of the bank receiver, agreed to and O'Kd by district judge, G. J. Jeffries. Paid ad


Article from Eastern Montana Clarion, July 12, 1928

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THURSDAY, JULY 12. 1928. Personal Hon. Geo. A. Horkan, Republican candidate for District Judge, accompanied by his two sons, stopped over in Ryegate Wednesday night. The former Judge is making a hard campaign over the district. Mr. and Mrs. Henry Bartz and family and Mr. and Mrs. A. Hall and family, of Barber, attended the services at the M. E. church Sunday evening. Mr. John Quam is enjoying a visit from his aged mother and a sister and neice from Hitterdahl, Minnesota. Mrs. Emily Gates received a message last week telling of the serious illness of her brother in Missoula but later reports are that he is improving. The three members of the State Tax Commission, of Helena, passed through Ryegate on Monday making a pleasant call at the Reporter office to pay their respects to the editor with whom they have some acquaintence. Mrs. Fred Parker's sister from Paynesville, Minnesota, is visiting at the parker home east of town. Miss Myrtle Marie Rediske is visiting with he uncle and aunt at Yakima, Washington. Mr. and Mrs. Wm. Northey and daughter Lorine attended the circus in Roundup, Saturday. CARD OF THANKS We desire to thank our friends for their kindness end sympathy during our breavement in the death of our beloved father. Also for the beautiful floral offerings. Mrs. Madge Stanley. Alice Coleman, Bernard Coleman. James Coleman, William Coleman. Don't forget to attend the Civic Clubs dance and supper on Election night in the Currie Hall and get the election returns. Tickets $1.00; Spectators 25 cents. See what the late Associate Justice Halloway of the Montana Supreme Court says about George A. Horkan, Candidate for Judge of District Court, on page 5 of this paper. Pid Adv. Turn to page 5 and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlement of the bank receiver, agreed to and O'Kd by the district judge, G. J. Jefferies Paid Adv.


Article from Eastern Montana Clarion, July 12, 1928

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Turn to page 5 and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlement of the bank receiver, agreed to and O'Kd by the district judge, G. J. Jefferies. Paid Adv.


Article from The Melstone Messenger, July 12, 1928

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The R. H. Toombs family has moved into the F. V. Watts cozy home. Mrs. C. M. Bartlett, for so many years a successful business woman of Sumatra, conducting the Sumatra Shop and Garage, is temporarily located at Friend, Nebr. Instructions from there have placed the Messenger at her weekly disposal. Turn to page eight and read what the depositors of the defunct Bank of Commerce at Forsyth, Montana, have to say about the settlements of the bank receiver, agreed to and o'k'd by the district judge, G. J. Jeffries.-(Paid Adv.)


Article from The Melstone Messenger, July 12, 1928

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Turn to page eight and read what the depositors of the defunct Bank of Commerce at-Forsyth, Montana, have to say about the settlements of the bank receiver, agreed to and o'k'd by the district POTATOES-Goo sound eating potatoes at $1 per cwt. W. J. Wilson, Melstone. JEWELRY REPAIRING For dependable service send it to Dean & Skeie, Roundup.